The beleaguering Hewlett-Packard’s stock prices are on the downward slope since last year and one of major reasons is the lacklustre output in the enterprise software solution market that is mostly governed by the likes of Oracle and Microsoft. However, the company is also facing tremendous pressure in hardware department as Oracle’s acquisition of Sun […]
Mar 24 2012 | Posted in
Business |
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One thing that hasn’t changed: HP’s stock price, which is within a single penny of its price back when the Post story came out last summer. Maybe what HP really needs here is a big dose of Larry. There are all sort of delicious elements to the idea of Oracle buying HP. Larry’s right-hand man […]
Mar 24 2012 | Posted in
Business |
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Upon the acquisition of Pixar by Walt Disney, Jobs owned the largest portion of the conglomerate’s stock, making him the main guy in the picture. When Apple acquired NeXt in 1997, Jobs owned the major part of the Cupertino-based company’s stake, which he never sold. Powell Jobs has never been fond of being interviewed and […]
Mar 23 2012 | Posted in
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Steve Jobs’ silent partner in his success and his better half, Laurene Powell Jobs has made Forbes top Billionaire’s list this year. She not only jumps into the elite in the US but also tops the Richest Women in the Silicon Valley. In addition, she is one of the richest women in the world. The […]
Mar 23 2012 | Posted in
Business |
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The fact that the company is now considered something of a ”hot potato” in Washington DC, where the investment bank is losing friends fast, is something investors should worry about, as well. After the 2008 blow, many investors just parried away from the company. Moreover, the bank also attracted opprobrium from the media. It just could not revive from trenches of […]
Mar 23 2012 | Posted in
Business |
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Bloomberg pointed out, in its defense, however, that Goldman Sachs is a huge employer in New York City, and that as the Mayor it is his duty to protect and defend such companies. Incidentally, Goldman Sachs is also one of the largest customers of Bloomberg Inc. (Mike Bloomberg’s sweet child), which sells its computer data terminals to Wall Street banks, investment and securities firms, and media outlets. The three-time […]
Mar 23 2012 | Posted in
Business |
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Goldman Sachs is the sinking ship that got hole in the bowls in the midst of the 2008 crisis. What made it worse was the Congressional inquiry that took a toll on its stock price at the Street. However, there is one person who is tipped to take the helm to bring the company to […]
Mar 23 2012 | Posted in
Business |
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Parco suspends supply of jet fuel to PSO Thursday, March 22, 2012: The supply of jet fuel to PSO (Pakistan State Oil) has been suspended by Parco (Pak-Arab Refinery Company). If the problem persists, airports in the province of Punjab will suffer from worst fuel crisis in years. An unanimous official of the Ministry of […]
Mar 23 2012 | Posted in
Business,
Pakistan |
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Security problems halting the growth of Pakistan’s aviation, says Feroze Jamall Wednesday, March 21, 2012: Feroze Jamall, Country manager Cathay Pacific has said that Pakistan has huge potential for growth but the countries progress has been halted by lack of security. Jamall asserts that foreign players would like to invest in Pakistan but they decide […]
Mar 23 2012 | Posted in
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Pakistan |
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World Bank to finance two multi-million projects in Pakistan Tuesday, March 20, 2012: The World Bank will finance two projects, in energy and irrigation sector, of Pakistan. The total worth of these two projects is estimated to be around $1.09 billion. The purpose of approving these two projects in to supplement Pakistan’s growth agenda for […]
Mar 21 2012 | Posted in
Business,
Pakistan |
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Economy – Can the govt. afford to remain indifferent Economy in Pakistan seems getting back on to the track as for the fiscal year ending this June, the State Bank of Pakistan (SBP) has envisioned the GDP to grow by 3 to 4 per cent. Given the recent political and administrative scenario which collectively poses […]
Russia steps in after Chinese bank backs off from Pak-Iran gas pipeline Monday, March 19, 2012: Russia has become Pakistan’s next destination to seek finances for the completion of Pak-Iran gas pipeline, after Chinese bank backed off amid rising pressure from the United States. A Chinese bank was to finance $1.5 billion to the project […]
Mar 20 2012 | Posted in
Business,
Pakistan |
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