Archive for: March, 2012

The results are out: 15 of the 19 US banks pass Federal Reserve stress test – Part 2

Bank of America BofA cleared the stress test with 5.9% capital ratio. It is not believed to have proposed any additional capital returns after proposed dividend hike was rejected in 2011. Capital One Financial The institute passed stress test with 7.8% capital ratio. Regions Financial The bank passed stress test with 6.6% capital ratio, announced […]

The results are out: 15 of the 19 US banks pass Federal Reserve stress test – Part 3

JPMorgan Chase One of the too big to fail, passed stress test with 5.4% capital ratio under stressed scenario, including proposed captal actions through 2013. Increased its dividend 20% to 30 cents per share, from 25 cents, authorized a $15 billion stock buyback. US Bancorp With a margin US Bancorp passed stress test with 5.4% […]

Paperless Environment: Is it really the time to bid farewell to paper? – Part 1

The chances of the existence of paper are getting paper-slim. The invention, whose origins can be found in the early 8th century Chinese culture, has been tipped at the brink of extinction from existence for the last three to four decades. The main reason, technological innovations and inventions of the modern era. It was the […]

Paperless Environment: Is it really the time to bid farewell to paper? – Part 2

Why make the prediction of a long death of paper? The reason is that it has infiltrated our lives so deeply that replacing a paper stack with a hard drive and words with 101011 bits and bytes will be a lengthy procedure. The use of paper is not limited to just reading and writing, though […]

Paperless Environment: Is it really the time to bid farewell to paper? – Part 3

Currency, the instrument we all use in purchasing or selling anything, is another object that will be hard to subdue. Financial services companies like American Express and MasterCard have been investing every ounce of their energy to replace the conventional paper currency with plastic ones, and Google has joined the club with its electronic currency […]

Paperless Environment: Is it really the time to bid farewell to paper? – Part 4

However, smartphones are taking care of this problem. Though the process is a little bit finicky to handle but it does the trick; transfer the file or app from the tablet to smartphone, and it will take it from there. No matter what convenience all these technology gismos provide us, paper has taken care of […]

Gradual decline of sports in Pakistan

Gradual decline of sports in Pakistan In Pakistan, a country that had a rich culture of sports in the recent past, is losing its status in this field at international level, which is quite alarming and will have a greater impact on the future of games in every corner of the country. In 1994, Pakistan […]

Akmal, Misbah, Cheema guide Pakistan into Asia Cup final

Pakistan overcame the Srilankan challenge to book their berth in the finals of the 2012 Asia Cup. Srilanka needed to win this game in order to stay alive while Pakistan knew that a win would release their nerves ahead of an all-important India game on Sunday, March 18. Srilanka made one change to their team […]

‘Pak-Iran gas pipeline can play a key role in Country’s future– Pakistan Industrial Sector update

‘Pak-Iran gas pipeline can play a key role in Country’s future– Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline […]

IMAX screens will feature the latest edition of James Bond movie

IMAX screens will feature the latest edition of James Bond movie "Skyfall" the movie Number 23 in the series of James Bond, will be the first in the franchise that hits theatres with IMAX screens-in-widescreen, said Friday in a statement Sony Pictures Entertainment. IMAX screens have a surface projection of more than 350 square meters, […]

Pearl Jam to start recording new album

Pearl Jam, an American rock band, have returned to the studio to resume recording of their upcoming studio album. The band spent a good portion of 2011 in the studio, recording their tenth studio album. Eddie Vedder, lead vocalist and rhythm guitarist, has revealed while talking to Rolling Stone last June that he feels being […]

Finally Tendulkar scores century of centuries

Although it took one whole year and a few more days, the Little Master Sachin Tendulkar finally came through to score his 100th hundred. Sachin Tendulkar achieved the milestone during India’s encounter with Bangladesh in the Asia Cup, on Friday, March 16. He already holds the record for most centuries and runs in One Day Internationals […]

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