Monday, November 23, 2009
Tuesday, November 17, 2009
Oil above $79 after US crude supply drop
SINGAPORE – Oil prices extended gains above $79 a barrel Wednesday in Asia after an unexpected drop in U.S. crude supplies suggested demand could be improving.
Benchmark crude for December delivery was up 35 cents to $79.49 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 24 cents to settle at $79.14 on Tuesday.
U.S. crude inventories unexpectedly fell last week, the American Petroleum Institute said late Tuesday. Crude stocks fell 4.4 million barrels while analysts had expected a rise of 1.2 million barrels, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
The Energy Information Administration plans to announce its inventory report later Wednesday.
Crude prices have zigzagged around $79 a barrel for more than a month as investors mull mixed economic data from the U.S.
Home Depot Inc., Saks Inc. and Target Corp. all reported better-than-expected third-quarter results Wednesday. Traders will next be eyeing the holiday shopping season for signs of improving consumer confidence.
In other Nymex trading, heating oil rose 0.64 cents to $2.06 a gallon. Gasoline for December delivery gained 1.11 cents to $2.02 a gallon. Natural gas for December delivery jumped 3.8 cents to $4.57 per 1,000 cubic feet.
In London, Brent crude for December delivery rose 37 cents to $79.34 on the ICE Futures exchange.
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Thursday, October 8, 2009
good evening
Ideal candidates for the SCholars Club will meet the following selection criteria:
Student has completed at least one semester (preferably one year) of courses
Student maintains full-time enrollment (enrolled in approximately 4 courses per semester)
Student has minimal withdrawals (Ws) on their academic record
Student’s course selection fulfills IGETC requirements or is enrolled in transferable courses
Once admitted to the SCholars Club, participants attend a Kick-off Breakfast in the Fall at USC that honors their academic accomplishments. This reception introduces SCholars Club participants to the USC campus culture, and is meant to excite students about transferring to a selective, research institution. The reception also provides an opportunity for current USC students who are ELAC, LACC, and LATTC alumni to interact with newly selected SCholars Club participants.
ANU PANWAR PGDM Ist sem.
Thursday, October 1, 2009
Financial Strategies Creating Values in Global Era
Strategies : As long term factor : Strategies are generally long term plans for the organization. In this current competitive global era strategies are generally very common acceptable concepts. Without strategies, planning for the organization is day dreaming or nightmare. Specially when we are talking about the financial decisions like project selection decisions, pricing decisions, dividend decisions, cost decision, and other market and competitors decision. We have to concentrate more and more on the decisions which are very essential and effective for the organization. In the project selection or we can say capital budgeting decisions it is very important task of the finance manager to maintain the level of decision for the ongoing health of the organization. The cost involvement in the project is very important factor.
Corporate Financial Strategies: The level of management for an organization is generally divided into three levels. They are very important as per organization need. The strategies can be understand under the following three forms:-
1) Corporate Level Strategy.
2) Business level strategy &
3) Functional level strategy.
In corporate level financial strategies the most common accepted concept is the CEO level & directors are entitled to form such policies, decisions which provides good sustainable results in the long term. Decisions like investment in new project, diversification, mergers and acquisitions and take over, are related with the corporate level financial strategies. Some important corporate financial strategies are:-
* EVA – Economic Value added
* ROI -- Return on Investment
* SVA – Share Value Added.
* MVA – Market value added
Now a days, the current scenario is M&A Scenario. The world becomes small market with big scope. Companies are adopting the concept of M&A and facing competition, proving their superiority in market by achieving a great share in overall market. In mergers and acquisition deal generally the valuation of assets of the companies are very important and crucial stage. It totally depends upon the market value of per share of the companies who are adopting M&A deals.
In this era of FDI where we are getting more foreign direct investment in our country & utilizing our manpower in good manner, producing more products, generating competitive services by using the foreign investment. (direct & indirect). So, here it is also very vital & essential factor now the value & the size of international investment in the Country. These all are the financial strategies which are essential requirement for any nation for its growth & success.
PRIYA KUSHWAHA
PGDM-3rd sem