Now that the much anticipated Facebook IPO is behind us it is possible to discuss where Facebook might be heading in the years to come. Many countries already have Facebook penetration at near or greater than 50 percent, including the United States, Britain, Canada, Australia, Malaysia and others; making it likely that growth in these… Continue Reading
New ideas abound in the marketplace, but which ones ultimately grow into successful companies? ,And which companies will eventually change the world as we know it, much like Facebook, Twitter and Groupon have change the world? And who can expect to see lots more of in the years to come? The following list represents companies… Continue Reading
The deteriorating European debt crisis and the slowing United States economy are contributing to what is expected to be the largest monthly downslide in the price of oil in three years. Demand for oil will plummet, analysts say, fueling a downturn in oil which resulted in oil closing yesterday 20 percent lower than the year’s… Continue Reading
The subsidiary that Fiat SpA, the carmaker created in 2011, Fiat Industrial SpA, announced its plans to merge with its CNH Global NV unit and then move its primary stock listing to New York in hopes of attracting a larger base of worldwide investors. Fiat Industrial has an 88 percent interest in CNH, manufacturer of… Continue Reading
Today the unemployment rate is 8.1% down from 9.9% in November, 2009, but still not down to pre-recession unemployment figures. There are three job seekers for every one job available. Those who have been unemployed for lengthy periods are about to lose their unemployment benefits, about half a million losing their benefits sooner than they… Continue Reading
Devon Energy ranked 28 among the best companies to work for in the US, it also ranks quite high among the country’s top-paying firms. The average salary for an engineer on staff at Devon is $178,305, giving it the distinction of ranking 6th among the country’s top-paying firms. Devon Energy has 2.9 billion barrels of… Continue Reading
April’s figure for new-home sales was up by 3.3 percent from March’s number, according to information released by the Commerce Department on Wednesday. That translates into a seasonally adjusted annual rate of 343,000. The entire country experienced this rise with the exception of the South. Analysts are hopeful that this could signal that the US… Continue Reading
Investors have been considering for a while now the possibility that Greece might walk out of the euro common currency in order to help them cope with the serious austerity measures that the international community is forcing on them as a condition for receiving international economic aid. A financial news service report has put some… Continue Reading
While some analysts fear that Facebook’s “less than stellar” IPO performance might dissuade other similar companies from going public, at least not soon, others believe no real harm was done and tech companies and social networking companies should not be discouraged. "Whether Facebook is worth $95 billion or $100 billion, it's immaterial," said Jeremy Liew… Continue Reading
One of the largest financial management companies in the world, Deloitte is headquartered in New York and offers financial services including audits, consulting, risk management, financial advisory and tax services from its many branches and subsidiaries around the US and around the world. Deloitte and the companies associated with it are dedicated to observing only… Continue Reading