Playing with price risky business in auto industry

Sun. Nov 23 - 5:51 AM
PRICE is a measure of value to consumers and an element of marketing strategy to businesses. The way these two strategies come together can make or break the success of a product or service, or drive a business into bankruptcy.
The big three automakers had built their markets on North American customer loyalty. When that loyalty began to falter 20 years ago, consumers were beginning to search outside their comfort zone — Read the rest of this entry »

January 31, 2008 | , , , , , ,
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Three easy ways to save more money in 2009

Follow these guidelines to help strengthen your resolve to
save more money in the new year.
Get your spending under control by using a free online budgeting Web site, such as Mint.com. This secure site tracks your checking, credit-card and investment accounts and offers money-saving tips, such as where you can cut costs or get a better rate on your credit card. Other free sites, including Wesabe.com and Geezeo.com, offer similar budgeting tools, Read the rest of this entry »

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Money losers of 2008: The many investors with Bernard Madoff

. See all 20.
As we learn more about the scandal involving the investment businesses managed by Wall Street power broker Bernard Madoff, it's a tale of failure by government regulators and investors alike. Madoff saw a weakness in the system and took advantage of people and institutions for about $50 billion (we don't know the final tally yet because Madoff kept several sets of books and the courts need to sort out what's left).
Regulators got Read the rest of this entry »

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Sharjah Chamber of Commerce and Industry assesses state of …

UAE. Sharjah Chamber of Commerce and Industry (SCCI) recently visited Middle East Switchgear Industries (MES) to examine its operations and discuss vital industry issues with its management, in a move to assess the state of the switchgear sector and provide assistance for its further growth.
The SCCI delegation, which included Director General Hussein Mohammad Al Mahmoudi and Industrial Development Chief Jacob Youssef Al Qassir, was received by Read the rest of this entry »

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Stock futures up after data on inflation, housing

Stock futures up after data on inflation, housing
NEW YORK (AP) — Wall Street is headed for a higher open, even after the government reported huge declines in consumer inflation and new home construction.
The two reports suggest that the U.S. economy is getting weaker. But economists expect the Federal Reserve on Tuesday to lower the key interest rate in response to the anemic economy and volatile markets.
The Commerce Department says Read the rest of this entry »

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American Apparel 3Q profit falls 61 percent

Associated Press
11.11.08,
8:06 AM ET
American Apparel Inc. said Tuesday that third-quarter profit fell 61 percent as it spent $13.2 million on stock-based compensation, but the clothing manufacturer still reaffirmed its full-year profit estimate.
The Los Angeles company earned $2.3 million, or 3 cents per share, in the quarter ended Sept. 30, compared with $6 million, or 12 cents per share, a year ago.
Revenue rose 45 percent to $154.8 Read the rest of this entry »

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Column: Banks using government money for deals

NEW YORK (AP) — Critics are outraged that the nation's banks are using billions of dollars of federal bailout money to buy other banks instead of boosting their lending. But is that really such a bad thing?
The official line from the White House is that the banks should use the $250 billion to make loans. If lending unfreezes, they say, that would help to stabilize the financial system.
But what isn't being articulated as clearly are the Read the rest of this entry »

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A million dollar car? Compounding interest and investing

The market is full of talk about the credit crisis, rampant consumer debt and major slowing in consumer spending. Banks are tightening the purse-strings, and worldwide, loans are harder to come by, while individual debt continues to snowball.
One thing the economists don’t often do, is offer insight as to what rampant spending and consumer debt means to you and I at a personal level.  For some of you, this may be basic accounting and money Read the rest of this entry »

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Mobile Money Ventures Powers Mobile Financial Services for …

Mobile Money Ventures LLC (MMV) is the global solution provider of the
next generation of mobile financial services applications. Built on the
financial services and technology leadership of Citi and SK Telecom, MMV
delivers the future of mobile banking with its comprehensive,
customizable and secure platform. MMV's
turnkey solution enables financial institutions (FIs), carriers and
partners to reduce Read the rest of this entry »

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Cramer's 'Mad Money' Recap: Nov. 14

recaps.
to fail? Jim Cramer pondered that very question on his "Mad Money" TV
show Friday.
Cramer said it's no secret GM is borrowing billions of dollars that
it doesn't have the ability to repay. And it's no secret that things at the
company are getting worse by the day. But the economic consequences
of a GM failure would be staggering, said Cramer.
GM and its suppliers employ millions of Americans, said Cramer.
The resulting mass Read the rest of this entry »

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