three-years

Video: Latvian Exports Boost Economy as Austerity Plan Pays Off

by on March 21, 2011

March 21 (Bloomberg) — Bloomberg’s David Tweed reports on Latvia’s austerity program and economic rebound. The Baltic country’s gross domestic product grew an annual 3.6 percent in the last three months of 2010, the quickest pace of expansion in three years, as exports and industrial production picked up.

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Video: Latvian Exports Boost Economy as Austerity Plan Pays Off

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U.S. Consumer Confidence Rises to Highest Level in Three Years

by on February 25, 2011

menafn.com…

U.S. Consumer Confidence Rises to Highest Level in Three Years

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U.S. Consumer Confidence Rises to Highest Level in Three Years

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Hilton’s Former Beverly Hills HQ Trades to Tishman

January 26, 2011

Hilton Hotels, the hotel corporation acquired nearly three years ago by Blackstone for $26 billion, sold its former headquarters at 9336-9346 Civic Center Drive in Beverly Hills, CA, to Tishman Speyer. The complex includes two four-story buildings totaling 184,305 square feet of commercial office space on 2.6 acres in Los Angeles County. Hilton relocated its headquarters to Park Place II in McLean, VA. Tishman made the purchase because…

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The year In Wall Street Investigations

December 27, 2010

It’s been over three years since credit markets started shaking with the early tremors of the subprime crisis, and two years since that spread into a marketwide collapse. Prosecutors, regulators, Congress and journalists have spent the year uncovering the financial shenanigans that brought the market to its knees. It’s been marked by a few blockbuster settlements and more revealing investigations — as well as by some no

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Is Groupon The Fastest-Growing Company Ever?

December 1, 2010

Groupon, an Internet coupon start-up that is reportedly a Google takeout target, may be the fastest growing company in history. Just two years after its launch, revenue for the Chicago-based deal network is expected to exceed $500 million in 2010, according to analysts. That tops the growth of Zynga, a social gaming company that previously held the title, which took three years to hit that mark, points out Wedbush equity analyst Lou Kerner.

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Leasing, Absorption Improves for U.S. Retail Market Amid Mixed Economic Signals

October 27, 2010

Retail leasing and occupancy continued to improve across the country in the third quarter of this year and is expected to strengthen over the next two to three years as growth in jobs and consumer spending lead to greater sales and profits for retailers…

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Video: Copetas Says Kerviel to Live `Under The Thumb’ of France

October 5, 2010

Oct. 5 (Bloomberg) — Bloomberg’s A. Craig Copetas talks with Francine Lacqua about the guilty verdict given to Jerome Kerviel for crimes related to Societe Generale SA’s record 4.9 billion-euro ($6.5 billion) trading loss in 2008. Judge Dominique Pauthe found Kerviel, 33, guilty of breach of trust and computer hacking. Kerviel was sentenced to three years in jail and ordered to repay Societe Generale for the full trading loss. They speak on Bloomberg Television’s “The Pulse.”

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World Economy ‘Decoupling’ From The U.S.

October 4, 2010

Oct. 4 (Bloomberg) — Wall Street economists are reviving a bet that the global economy will withstand the U.S. slowdown. Just three years since America began dragging the world into its deepest recession in seven decades, Goldman Sachs Group Inc., Credit Suisse Holdings USA Inc. and BofA Merrill Lynch Global Research are forecasting that this time will be different. Goldman Sachs predicts worldwide growth will slow 0.2 percentage point to 4.6 percent in 2011, even as expansion in the U.S. falls to 1.8 percent from 2.6 percent.

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NY Times To Prepay Slims 250M Loan

October 4, 2010

New York Times is planning to pay off a 250 million loan from Mexican billionaire Carlos Slim three years ahead of schedule

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Video: Ifo’s Nerb Doubts German Economic Upswing to `Level Off’

September 24, 2010

Sept. 24 (Bloomberg) — Gernot Nerb, chief economist at the Ifo research institute, talks about the latest business confidence survey in Germany. German business confidence unexpectedly rose to the highest level in more than three years in September, suggesting companies can weather weaker demand from abroad as the global economic recovery slows. Nerb speaks from Munich with Andrea Catherwood on Bloomberg Television’s “The Pulse.”

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National Lampoon CEO Daniel Laikin Sentenced For Conspiracy

September 8, 2010

PHILADELPHIA — The former CEO of entertainment company National Lampoon Inc. has been sentenced in Philadelphia to nearly four years in prison in a stock price manipulation scheme. Federal prosecutors say 48-year-old Daniel Laikin plotted to artificially inflate the company’s stock price by paying people to buy shares. They dropped a count of securities fraud last fall when Laikin pleaded guilty to conspiracy. Prosecutors say Laikin and others hoped to push the share price from $2 to $5 to boost the company’s attractiveness in a strategic partnership or acquisition. They say the company was removed from the American Stock Exchange and its share price plummeted. The company owned the rights to the “Vacation” and “Animal House” movies. Laikin was sentenced Wednesday to three years and nine months.

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Wereldhave NV Announces Changes in Dutch Management Organisation

September 6, 2010

THE HAGUE, THE NETHERLANDS–(Marketwire – September 7, 2010) – On September 13, 2010, Hans Vermeeren (39) will join Wereldhave as director of Wereldhave Netherlands, responsible for the Dutch portfolio of Wereldhave. Hans Vermeeren is well experienced: he has worked from 2000 until 2010 for Unibail-Rodamco, the last three years as the Director of Unibail-Rodamco Netherlands.

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Video: HSBC’s Wong Says China Listing Depends on Regulator: Video

August 2, 2010

Aug. 3 (Bloomberg) — Peter Wong, HSBC Holdings Plc’s Asia-Pacific chief executive officer, talks with Bloomberg’s Susan Li about the outlook for a potential stock listing in Shanghai. Wong also discusses the Asia-Pacific economy, the company’s earnings and Hong Kong’s property market. HSBC said first-half net income doubled as the North American unit returned to profit for the first time in three years and as bad-debt provisions fell by 46 percent. (Source: Bloomberg)

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Video: Wendt Says Rio-Chalco Deal a `Win-Win’ for Both Parties: Video

July 29, 2010

July 30 (Bloomberg) — Gavin Wendt, a senior analyst with MineLife Co. Ltd., talks with Bloomberg’s Susan Li from Sydney about Aluminum Corp. of China Ltd.’s agreement to pay $1.35 billion for a stake in Rio Tinto Group’s Simandou iron ore project in Guinea. Chalco, as the Beijing-based company is known, will acquire a 44.65 percent stake by funding development over the next two to three years, the companies said in a joint statement. (Source: Bloomberg)

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Ixaris Expands Management Team to Meet Growing Demand for Innovative Payment Solutions

July 21, 2010

Company Set to Capitalize Further on 500 Percent Growth in Last Three Years

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Video: Biggs Sells Tech Stocks on Concern Economy to Worsen: Video

July 2, 2010

July 2 (Bloomberg) — Barton Biggs, managing partner at Traxis Partners LLC, talks about the outlook for the U.S. economy and investment strategy. Biggs said he’s worried the U.S. may enter a recession for the second time in three years and has reduced the risk of his investments as a result. He said the Standard & Poor’s 500 Index may decline 10 percent to 15 percent if there’s another recession. Biggs speaks with Carol Massar and Matt Miller on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

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Is Brazil’s growth fueling a real estate bubble?

June 8, 2010

Will the break in Brazil come in a year? In three years? In five years? How long do investors have in Brazil?

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Sweethearts-In-Crime Financial Scams Are On The Rise: Reuters

April 16, 2010

While statistics are hard to come by, the number of married couples caught engaging in insider trading, stock manipulation or running a Ponzi scheme appears to be on the rise. In the past three years, at least a dozen legally joined couples have been charged with securities fraud by U.S. regulators or prosecutors.

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Peerless Industries Consolidating International Operations

March 1, 2010

Peerless Industries is consolidating operations, inking a full-building lease just west of Chicago. The manufacturer of television and speaker mounts plans to add about 85 jobs over the next three years, and retain its 405 local employees. Peerless…

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Commercial real estate special report: Recovery

November 9, 2009

Exactly when the Philadelphia region’s distressed commercial real estate landscape will shed its ‘Space Available’ banners is uncertain. Some experts suggest recovery is a year away. Others lean closer to three years, given that two significant

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Video: Microsoft Windows 7 OS Hits The Stores

October 21, 2009

After three years of development, Microsoft’s newest operating system platform finally hits the market and receives positive user reviews. (The Trade)

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Foreclosures Rising In Housing Market’s Top Tiers

October 11, 2009

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com.

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Colorado Rockies Reach Baseball Postseason With 9-2 Win Against Brewers

October 2, 2009

By Dex McLuskey Oct. 1 (Bloomberg) — The Colorado Rockies reached Major League Baseball’s postseason for the second time in three years with a 9-2 win over the Milwaukee Brewers. The victory guarantees Colorado at least the National League’s wildcard place and gives the team, which trailed by 15 1/2 games on June 3, a chance to win the NL West division title. The Rockies (91-68) are two games behind the NL West- leading Los Angeles Dodgers (93-66) and the teams wind up regular-season play with three games over as many days at the Dodgers beginning tomorrow.

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More bank failures are likely

September 20, 2009

failures over the next two to three years, many of them smaller institutions with deep exposure to commercial real estate. Although the current crisis is often blamed on the collapse of a bubble in housing prices, experts such as Zandi say it is now

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More bank failures are likely

September 20, 2009

failures over the next two to three years, many of them smaller institutions with deep exposure to commercial real estate. Although the current crisis is often blamed on the collapse of a bubble in housing prices, experts such as Zandi say it is now

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Adjustable Rate Mortgages Could Dampen Economic Recovery

August 27, 2009

When Harvey Clavon took out an exotic mortgage to refinance his home in Santa Clarita, Calif., three years ago, he thought he knew what he was doing.

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Dog Days, Part II: Investors Still Reluctant to Buy Into Stormy Distressed Assets Market (CoStar Group)

August 12, 2009

For three years, Steven Aberman, senior acquisition manager for WBS Properties in Boca Raton, FL, has watched the 43-acre lakefront development of Grand Oaks in Avon Park — since the time it was still raw land and sold for $2.5 million. The turnkey gated…

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CalPERS To Offer Contribution Relief

June 19, 2009

The CalPERS board has agreed to offer relief on contribution rates to local government and school employers allowing them to pay lower rates over the next three years See the rest here:  CalPERS To Offer Contribution Relief

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Price Per Square Foot: Spring Slide (So Far)

April 16, 2009

Unlike other measures of home prices, there has been no “spring bounce” (so far) when price is measured by square foot. In fact, in contrast to the previous three years, prices have neither bounced nor plateaued. Whether this descent will continue or is merely a lagging indicator remains to be seen.

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