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wat is wrong with these share...no trading..... any idea plz...
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Pfizer shifts focus to cancer and biotech drugsPfizer on Tuesday gave its semiannual update for investors on its research pipeline, stating that it now has 114 human studies of drugs in process and that the number of studies in the final stage has grown from 16 to 25 since its last update in March Biotechnology drugs, which generally are extremely profitable, will be a big part of that pipeline, particularly in cancer research
In morning trading, Pfizer shares were up 15 cents to near their 52-week low and at about the same level where they traded in the summer of 1997
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i am agree with u ppl...
In reply to:
Experts see property prices in Mumbai holding
Posted by :
MMB Messenger
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai. 
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NEW YORK: Reliance ADA group has restarted talks over a potential buyout or equity investment in Metro-Goldwyn-Mayer, the New York Post reported.
Several sources involved or close to the discussions told the paper that the talks were "exploratory," and that Reliance's bankers at UBS were trying to come up with a deal structure "that makes the numbers work."
Former Yahoo Inc and Warner Bros Entertainment CEO Terry Semel and News Corp have also expressed interest in MGM, the paper said.
Earlier this month, DreamWorks reached a deal with Reliance ADAG for $1.2 billion in new financing to leave Paramount and produce movies as an independent studio.
Reliance's talks for MGM were put on hold while it finalized its deal with DreamWorks, but it is still keenly interested, the paper said.
An outright purchase of MGM would trigger change-of-control provisions in the studio's credit lines that the lending banks could use to withdraw funding, the paper said.
"Reliance would want to bring that credit with them to help with leverage and in determining how much money to put in," the Post quoted a source close to MGM as saying.
Reliance, which is controlled by billionaire Anil Ambani, in May signed deals with eight Hollywood production houses run by A-list actors, including George Clooney and Brad Pitt.
Reliance ADA and News Corp did not immediately return calls seeking comment.
Terry Semel was not immediately available for comment.
ET........................
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I know for sure, that past few years, every Finance/ Banking / Economics guy worth his salt, knew where the Wall street\'s financial doings and overlooked deeds - would eventually lead to. I congragulate the US House of Representatives for rejecting the bail out. Sure do undertake the bailout, but take a few tips from the Chinese how to deal with these Wall street shysters, many of them still sitting behind their desks, awaiting the funding, to enable them encash their checks. The bail outs should only begin, after, in a manner of speaking, STOP PAYMENTS have been done on all these so called Bonus and Golden parachute checks, has been done....
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2009 Home Prices in Mumbai will fall by 40 to 75 percent.
Times of India: For price of a ticket, you can buy a home in US
Return tickets for Delhi-New York are priced around Rs 75,000, but with real estate prices crashing in the US, Indians could buy homes there for the same amount! Thanks to the bottom falling out of the US housing market and struggling families abandoning homes, unable to keep up with mortgage payments.
A detailed look at US realty websites such as realtor dot com, zillow dot com and ziprealty dot com show homes with one bathroom and bedroom are indeed being advertised at anywhere between $1,500-3000 (Rs 69,000-1.38 lakh), an incredible fact by itself, in places such as Detroit, Michigan, Jackson, Mississippi, and Cleveland, Ohio.
“The dramatically lowered residential property rates in many parts of the US can be attributed to the sub-prime crisis, which has caused a huge surplus of stock in the market, besides reducing liquidity, which slows down absorption,’’ said Raminder Grover, MD, Homebay, a subsidiary of international property consultants Jones Lang LaSalle Meghraj. As per law, homes can be purchased only by US residents, and the low prices could suit students travelling to US and techies regularly sent for on-site operations. As per the RBI cap, an average Indian can invest upto $200,000 (Rs 93 lakh) in US real estate.
“Students live in apartments or as paying guests by shelling out $250-500 per month. If they or their parents can afford to pay money upfront, this might be a good option for students planning to stay for 1-2 years,’’ said Sridevi, US counsellor for Valmiki Group, which processes study visas for US. Over 6% of US home loans are in arrears and around 1.5-2 million Americans have lost their homes to foreclosure in 2007.
As in India, additional costs, apart from buying the home, could be from the cost of borrowing, brokerage payable for the location of property and registration. For the likes of Rohan, an IT professional who is soon to be sent to New York for 3-6 months, a home could straightaway save $500-1000. Junior and middle-level techies get $400-600 per month as house allowance, while project managers and higher-ups are said to get even $1,000 per month. But students or techies going to states such as Nevada or California may not be as lucky. “In California, homes still come at $50,000-200,000. Indian students cannot afford to pay that much. Plus, a group can still rent out an apartment for $2,000-3000 and split the costs,’’ Sudha Kumar, recruitment coordinator at Viterbi School of Engineering (University of Southern California), said.
Still, houses that are available at a price cheaper than a Nano continue to lure everybody. “It is an ideal time to buy property in countries such as the US and the UK, since entry costs have never been lower and the future growth potential is immense. Also, these property markets are far more transparent than our own; so investors can get clean deals much faster,’’ Grover of Jones Lang LaSalle Meghraj said....
In reply to:
Experts see property prices in Mumbai holding
Posted by : pkk07
Why do you keep asking a barber if you need a haircut? Why would HDIL or DLF or Unitech accept that property prices will fall.
In fact, if they are so sure, why are they giving these statements? They should be laughing their way to banks instead.
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Bullshittt.... all the top banks are in a state of Panic and Chanda is trying to cover up .. some kind of disaster covering.. It will not be long when the the public will come to know that teh bank is bankrupt....
In reply to:
No panic withdrawal from ICICI Bank: Chanda Kochhar
Posted by : MMB Messenger
Chanda Kochhar, Joint MD & CFO of ICICI Bank confirmed that ICICI Bank is financially safe and sound. She added that there is no panic or substantial withdrawals from their branches, and that the disbursals via branches and ATMs are normal.
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Axon global is struggling to integrate 10 other companies they have bought in the past 2+ years. It is 10+ different cultures with all kinds of egos. Once the Infosys or HCL deal goes through these 10 other company\\`s founders stock will vest and they will leave and the buyer will be left holding the empty nests and some disgruntled employees. .
Typically whenever a consulting company buys another company, they are only buying people. If the buying company cannot take care of the people of the new company, the the merger will fail. For example all HCLT employees travel by coach to US and Europe. An Axon global employee will never do such a thing. He /She will demand business class for travels.
Also can the Infosys or HCLT SAP leadership manage the SAP leadership of Axon Global or will the Axon global leadership take over SAP leadership of Infosys or HCLT? There is no way Axon global leadership team will report to Indian SAP leadership teams. This issue alone will take the toll. If Axon global executives gets the upper hand, HCLT executives will leave or vice-versa.
Considering he fact HCLT has never done the true SAP full life cycle implementation from start to finish in a US or UK company, AXON global will definitely will have a upper hand if Axon global decides to go with HCLT.
One more thing: Axon global is not big in any way in US. Significant portion of their revenue comes from UK only. US revenue is probably less than USD 30 to 40 Million). Hence this merger will NOT add any significant value for inforsys or HCLT for their North American business.
Only winners are Axon Global Stock holders.
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In reply to:
MS downgrades HCL Tech to underweight post Axon offer
Posted by : Guest
I think HCL tech is attractive & bullish over long term if it buys Axon. It would spell good business for them. So I would prefer to buy right now.
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I think Mr. Sarag of HDIL trying to \\\\\\\\...
In reply to:
Experts see property prices in Mumbai holding
Posted by : MMB Messenger
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai.
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tata west bengal se gaye to gaye saath mein metro ko bhi le gaye.............
\"mahi\"...
In reply to:
Tata Motors rights issue demystified
Posted by : MMB Messenger
The Tata Motors stock went ex-rights on September 9. The rights issue opens on September 29 and closes on October 20. The rights issues that will raise Rs 4145 crore for Tata Motors comes in two parts.
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Why do you keep asking a barber if you need a haircut? Why would HDIL or DLF or Unitech accept that property prices will fall.
In fact, if they are so sure, why are they giving these statements? They should be laughing their way to banks instead....
In reply to:
Experts see property prices in Mumbai holding
Posted by : MMB Messenger
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai.
Tracked by: 0 Boarder
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai....
Tracked by: 0 Boarder
Why do you keep asking a barber if you need a haircut? Why would HDIL or DLF or Unitech accept that property prices will fall.
In fact, if they are so sure, why are they giving these statements? They should be laughing their way to banks instead....
In reply to:
Experts see property prices in Mumbai holding
Posted by : MMB Messenger
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai.
Tracked by: 1 Boarder
The Tata Motors stock went ex-rights on September 9. The rights issue opens on September 29 and closes on October 20. The rights issues that will raise Rs 4145 crore for Tata Motors comes in two parts. ...
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The US Congress and the Bush administration have finally agreed on the language of the $700 billion legislation intended to bail out institutions reeling under the massive financial crisis after a marathon session stretching several hours.
US Congress finalising financial bailout plan
Though the government and lawmakers have agreed on the broad outlines of legislation after sitting through the package last night, with lawmakers refusing to give the entire $700 billion to the Treasury at one go.
-courtesy- S. finance
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