Tuesday, 17 January 2012

Financial News

Citigroup / Wells Fargo – First one misses, the latter beats. But which, if any, to own at today’s share prices?

Internet regulation – Taking on internet piracy is like garbage disposal: it is a never ending job, and the government needs to be involved.

Eurozone – The EFSF downgrade throws a spotlight on the replacement bail-out mechanism, the ESM.

China growth – China’s economy expanded 8.9 per cent in the fourth quarter of last year, extending a slowdown that began at the start of 2011 and is expected to continue into 2012. We focus on growth in the rural areas.

DS Smith / SCA – The UK packaging manufacturer decides to double its size with acquisition of the packaging operations of SCA of Sweden.

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