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Apple store in Hamburg supporters chaining themselves to Occupy (The Press)

bozz — Sun, 05 Feb 2012 18:01:31 +0000

[Unable to retrieve full-text content] The protest was directed against the poor working conditions in Apple manufacturing plants and caused a premature closing of the business ….

Analysts say despite stock market rally set mostly on forecasts for S & P 500

bozz — Sun, 05 Feb 2012 18:00:53 +0000

New York (BoerseGo.de) – Although the U.S. stock indexes are off to a brilliant start to the year hold on to their most analysts were established before the rally forecasts. Even after the best start to the year for the S & P 500 index since 1997, most analysts maintain its assessment that the markets will continue over the next eleven months, without much movement. Weak corporate profits and the political uncertainty on both sides of the Atlantic will reduce further gains in equity markets. The latest poll by Birinyi Associates showed that analysts, on average, the S & P 500 to end at 1349 points. Late last year the brand was an average of 1,335 points.

Although in the first weeks of trading this year, the S & P 500 climbed 6.7 percent to 1326 meters is, have increased only 13 of the respondents think their forecast for the stock market barometer. Taking into account these revisions, the current target price for the S & P 500 higher by only 1 percent as the average assessment at the end of 2011 and just 1.8 percent higher than the current level of the Index. Analyst Andrew Garthwaite at Credit Suisse, HSBC and Gary Evans of Tobias Levkovich of Citigroup have raised their forecasts for the S & P 500. Garthwaite and Evans have their price target on the stock market barometer of 1,250 to 1,400, Levkovich raised to 1,425 from 1375. According to Garthwaite provide the so-called longer-term refinancing operations “LTROs” (Longer Term Refinancing Operations) of the ECB for the time being positive sentiment on the stock exchanges before then the old problems come to light.

colleague Jonathan Golub from UBS expects a sideways market is running and therefore leaves its forecast for the S & P 500 unchanged at 1325 points. The equity markets have responded mainly to the economic data, but now form weak quarterly results point instead of the main concerns of Europe. Analysts at Goldman Sachs have made as a result of the disappointing results for the fourth quarter, one of the most pessimistic predictions for the S & P 500. They retain their prediction and continue to go from the end of a decline in the stock market barometer of 6 percent to 1,250 points. According to Dan Suzuki Bank of America / Merrill Lynch, the upcoming election campaign period will prove to be a brake on the stock prices. “All the uncertainty is weighing on the market and also on the business decisions,” said Suzuki. His target for the S & P 500 remains at 1,350 points, which is expected here, a larger decline in stocks in the second half than in the first half.

image: © iStockphoto.com / nico_blue

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Facebook: billion-machine can be down pants (EuramS)

bozz — Sun, 05 Feb 2012 06:02:07 +0000

EURO ON SUNDAY EXCLUSIVE

The biggest social network of the world drops his trousers. The prospectus shows that founder Mark Zuckerberg wants full control. Three months before the record IPO professional investors remain skeptical for the time being.

by Stephan Bauer, € on Sunday

There is no shortage of superlatives to

. With five billion dollars targeted issue size is the largest IPO of an Internet company in history. An estimated 75 to 100 billion dollar market capitalization will oppose some four billion dollars in sales – a record review. And the stunning rise of the founder and chief executives Mark Zuckerberg is unique. With the mega-IPO of the world’s largest Internet network is the only 27-year-old multibillionaire probably fourth richest Americans.

Facebook goes public. Where exactly is not yet clear. Perhaps it is the NYSE on Wall Street, perhaps the Nasdaq. How many shares are issued and what they will cost, is still open. After all, the initials “FB” in the prospectus sets.

The SEC document “S 1″ makes a lot of leeway. Observers suspect that the group wants to save money for the time being and hopes to still collect the once targeted ten billion. Now examine the U.S. Securities and Exchange Commission. Approximately 30 days will take. Then Facebook is on a roadshow with investors. Late April, early May, could it be that far.

The prospectus provides

founder and CEO Mark Zuckerberg to the general public for the first time insights into the intimate web of wonder. A surprising finding: The company has a mission. “We want to make the world more open and connected,” it says. And Facebook has about 3.7 billion dollars in sales in 2011 reached. The most visited site in the world also writes profits last year there were about a billion dollars.

Smaller numbers, great potential
The numbers are more modest than often assumed. Estimates were assumed in the run of over four billion dollars in sales. What investors really want from Facebook, however, is growth. The steady development of the membership makes appetite ever (see chart). The army of some 850 million members now, however, is merely the basis for the right deal. Finally, the strategy is mainly to attract advertisers. So far the

works splendidly. According to the brochure, sales increased in 2007 to the 24-fold. Future increases seem programmed. Facebook fans are finally unusually talkative and happy to reveal data that can be used for targeted advertising. Even today, the company, according to U.S. market researcher comScore in the U.S. in the banner advertising market share of around 28 percent. The search engine giant Google, the leader in advertising around the internet search, here comes only five percent.

It goes against Google
Google, in terms of sales eight times larger than Facebook, just learning to fear. In the Christmas quarter registered the neighbor – Google’s headquarters is located just ten minutes drive from the Facebook headquarters away – “increasing competition”. He was referring Facebook. Its vice-chief Sheryl Sandberg know who wants to score against Facebook. “With whom would you ask for a good restaurant if you go to a foreign city. When a search engine or your friends? “Sandberg said recently in an interview subtle. Facebook is aware of its strengths.

not just on Wall Street is talking ahead of the IPO has a new dot-com euphoria. Some stock has already jumped. The paper of the game developer Zynga about to offer its products mainly on Facebook, rose during the week by around ten percent. The same applies to the German Web Personals Xing.

Professional investors are

time being cautious. The data on Facebook is now thin, you will wait for the road show, it is said of fund companies. What deters many institutional investors, is to control mania, which Zuckerberg revealed in the prospectus. The founder also owns approximately 28 percent of the shares. The former psychology student exercises, however, from nearly 60 percent of the voting rights. “For us, the rule: one share, one vote. This is the core requirement, “says a fund manager skeptical. The real winners of the IPO, meanwhile, are already fixed. In several non-public financing rounds, the company has collected diligently capital. Approximately 50 private investors, including Facebook executives, as well as banks and funds are invested.

Facebook makes billionaires
The private equity company Accel Partners moved about the jackpot, as it invested around 13 million in 2005 dollars. The remaining share of around eleven percent is now estimated at over ten billion dollars.

The highest return is likely, however, enter the Internet investor Peter Thiel. Born in Frankfurt in 2004 put a half million dollars in start-up. Value of the share of Facebook’s supervisory board at the IPO: over two billion dollars.

The big U.S. banks to mix. Goldman Sachs rose in early 2011 with a $ 450 million. The investment is expected to double at least. The lead manager on the IPO, however, grabbed Goldman rival Morgan Stanley. Not a bad deal: He could bring a three-digit million sum

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Strong U.S. employment data can define courses on Wall Street

bozz — Sun, 05 Feb 2012 06:01:03 +0000

NEW YORK (Dow Jones) – An unexpectedly good U.S. jobs report on Friday can get the prices on Wall Street. Added to this was a better-than-expected ISM index for the services sector, which also boosted sentiment. With an increase of 243 000 points of the strongest increase since April last year was recorded. The unemployment rate even fell to its lowest level since February 2009. Against this background, the courses began with substantial markups. In the further course of the trading market, but then traded sideways at the increased level.

The Dow Jones index of 30 industrial average (DJIA) rose by 1.2 percent or 157 points at 12 862 and concluded that at the highest level since May 2008. The S & P 500 gained 1.5 percent or 19 points to 1,345. The Nasdaq Composite Index gained 1.6 percent or 46 points to 2906, marking the highest level since December 2000. It was 0.90 (Thursday 0.81) billion shares converted. It came in 2387 (1,713) Course Winners 653 (1288) losers. Closed unchanged 93 (121) title.

“With such a strong increase was expecting no one,” said one participant, referring to the forecast of a job growth of only 125,000. “It seems that the momentum that has gripped the U.S. economy in the second half, in the new year wears on,” said BNP Paribas economist Julia Coronado. “After the last meeting of the Federal Reserve and the hearing by Bernanke, it has looked like this, as a third round of quantitative easing is a foregone conclusion,” said a strategist at Morgan Stanley. “If we continue to get those numbers from the labor market, then this could change.”

Also, the ISM index for the service sector did convince. This rose to 56.8 points in January, while the forecasts were located only at 53.1. Again, the major component of work increased significantly: She jumped 57.4 well above the expansion threshold of 50 points. In December, she had still been below 49.8. The orders of the U.S. industry was, as expected. He rose to 1.1 percent in December, although lower than expected, the higher revision of November was like the missing percentages, however, exactly.

The reporting season was the week ending on the other hand a break. The big companies were not on the agenda. The shares of Tyson Foods to put a much higher profit by 4.1 percent to $ 19.38. The producer of convenience foods has achieved in the first quarter of fiscal year earnings per share of 0.42 dollars. Analysts had expected only at 0.33 dollars.

shares of fertilizer producer Mosaic gained 0.5 percent to $ 57.41, after it had before the starting bell still looked like a minus. The company wants to produce potash from February to March in order to reduce to 20 percent.

DJIA led to Bank of America at a premium of 5.2 percent to 7.84 dollars the list of winners. In addition, Caterpillar rose by 3.3 percent to $ 113.94 and Hewlett-Packard reported an increase of 2 percent to $ 29.07.

DJG / DJN / ros

Image: © www.flickr.com / Tomás Fano

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WikiLeaks: U.S. court-martial shall Manning (Handelsblatt)

bozz — Sat, 04 Feb 2012 06:01:09 +0000

Global Reporting : class=”hcf-headline”> swine flu in Mexico is back

Almost three years after the outbreak of the swine flu epidemic is back in Mexico. In January, are more A/H1N1-Grippe-Erkrankungen been registered throughout 2011, said Health Minister Salomón Chertorivski. Overall, would … By Klaus Ehringfeld. More …

trading blog : class=”hcf-headline”> About blogging in the dark ‘ / span>

employment with itself has always been one of the favorite activities of the blogosphere. Why should this be in the business bloggers different? Currently, there is a sometimes heated debate about the pros and cons des .. From Olaf Storbeck. More …

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Apple: Surprising turn in patent dispute with Motorola (MarketWatch)

bozz — Fri, 03 Feb 2012 18:01:14 +0000

Cupertino (BoerseGo.de) – After Apple was this morning by judicial order of the District Court of Mannheim online sales of several models on the German Apple Store because of patent infringement against Motorola prohibited, came in the afternoon to a surprising turn in this litigation . The Higher Regional Court in Karlsruhe has stopped as a court enforcement of the ban on sale now.

“All iPads and iPhones are soon on the German Apple Store online again be available for purchase,” said an Apple spokesman. In the patent dispute concerns a decision of the District Court of Mannheim on 9 December, which had confirmed the violation of a patent from Motorola mobile phone by Apple. The Californians then lodged an appeal, as Motorola have frequently refused to license the relevant patents on acceptable terms, although it had been determined already seven years into an industrial patent.

Wall Street boosted by strong U.S. jobs report

bozz — Fri, 03 Feb 2012 18:00:42 +0000

NEW YORK (Dow Jones) – Surprisingly strong numbers from the U.S. labor market and expectations of a failed ISM index for services provide end to the week on Wall Street for a small stock market rallied. The Dow Jones index of 30 industrial average (DJIA) increased up to 18.27 CET clock by 1.2 percent or 147 points to 12 853. The S & P 500 climbed 1.3 percent, or 17 points to 1343 and thus skips the resistance area around 1325 points, which had capped the index for more than a week. The Nasdaq Composite Index improved by 1.5 percent or 44 to 2903 points.

Employment in the U.S. rose in January to 243 000 points. So that the already strong increase of 200,000 new jobs in December was surpassed. The unemployment rate fell by 8.3 percent to its lowest level since February 2009. After the labor market in December, had benefited from the Christmas shopping season, observers had expected in January with a slowing of the recovery. “The opposite is entered,” says one dealer.

The consensus forecast was at 125,000 new jobs, the estimates of the large U.S. banks totaled 100000-125000 positions, primarily at the lower end of forecasts. “The data are really a positive surprise,” said one dealer.

The ISM index for the service sector was well above expectation and drives the courses separately. The index rose to 56.8 points in January, the predictions were only 53.1. Again, the important work component was significantly higher: 57.4 jumped well above the expansion threshold of 50 points. In December, she had still been below 49.8. The orders of the U.S. industry was as expected. He rose to 1.1 percent in December, although lower than expected, the higher revision of November, however, resembled the missing percentages exactly.

The flood of quarterly reports for the weeks ending on the other hand from receding further. The big companies are no longer on Friday on the agenda. Shares of Tyson Foods rise to significantly higher earnings by 5.1 percent to $ 19.57. The producer of convenience foods has achieved in first quarter fiscal year earnings per share of $ 0.42. Analysts had expected only by 0.33 dollars.

The shares of fertilizer producer Mosaic recover from their pre-trade price slide and are now in positive territory at 1.2 percent $ 57.81. The company wants to produce potash from February to March in order to reduce to 20 percent.

DJIA lead Bank of America at a premium of 4.6 percent to 7.80 dollars in the current list of winners. In addition, Alcoa increased by 2.5 percent to $ 10.68 and Hewlett-Packard, an increase by 2.1 percent to $ 29.11.

DJG / DJN / ros

image: © iStockphoto.com / Alexander Hafemann

The German on Facebook: Thiel against death (mirror)

bozz — Fri, 03 Feb 2012 06:00:50 +0000

REUTERS

investor Peter Thiel: passion for rockets and infinite life

Years ago, Peter Thiel invested in an obscure start-up called PayPal, then on Facebook. Meanwhile, the German-born American billionaire. Earth is alien to him, the 44-year-old dream of immortality.

Hamburg – fear of loss? As Peter Thiel is totally relaxed. “Now there are times no return without risk.” Therefore, the investor juggles with billions – and focuses on ideas that others think is foolhardy. For example, the investigation of immortality. For death and disease -. Before it is afraid Peter Thiel

Otherwise it seems

not much to give, what could stop the 44-year-olds. Thiel belongs to the caste of Silicon Valley sizes, with the rake in billions of provocative transparency and thereby oscillate between genius and insanity. Somewhere between these two poles was also the idea for Facebook. Mark Zuckerberg dreamed of establishing a network of people around the world. Thiel started in 2004 as an early investor in the $ 500,000-line network, and later he converted the loan into equity in order.

The risk was worth it. Today he still holds 2.5 percent of Facebook, the IPO brings him or about two billion one dollar. Thiel sits on Facebook’s Board. Already last year he managed with an estimated fortune of 1.5 billion dollars in the billionaire rankings by U.S. magazine “Forbes”.

But go to him not just about money, says Thiel. He wants mitentwickeln the future. “Who has only safe ideas, has no exciting ideas,” he said, “time”. That sounds a lot like American gold rush mentality. But his roots Thiel in Germany. He was born in 1967 in Hesse. The family emigrated when he was a baby. His father worked as a chemical engineer. After stints in South Africa and Namibia, had the family settled in California.

An encounter at the university changed his life

The many parades as a child he moved several times, the school was still best in class. The unsettled life he sees rather than an advantage. The many impressions have encouraged his curiosity, he says. The image of the child prodigy fit his preferences: play chess and math

The desire for change runs through Thiel’s life. After school he studied philosophy and law at the elite university Stanford. After graduation, he worked as a lawyer in a prestigious law firm, but after seven months, he moved on. In the Investment Bank Credit Suisse, he is a derivatives trader. In 1998 he went to California and began his career as an investor -. With his own hedge fund goes

Then

Thiel founded his reputation as a businessman with an unerring instinct for promising ideas: In August 1998 he met after a lecture at Stanford University in the computer science student Max Levchin. Thiel says the idea of his business, he wants to start an internet business. Thiel invested well a quarter of a million dollars in the small start-up. The founders call it PayPal. Thiel is boss and is guiding the company through the time when the internet bubble. In 2002, he brings the online payment service to the public. In the same year bought Ebay the company for $ 1.5 billion. Thiel goes with an estimated $ 60 million profit from the business.

But he does not sit down to rest, but is grounded with Clarium Capital Management, another hedge fund. Thiel invested in commodities, dares € betting dollar. Since the beginning of the returns are high, the financial manager has been hailed as a worthy successor to the legendary investor George Soros. But at least now that reputation has suffered. Since 2008, Clarium Capital’s more or less continuous losses, the hedge fund in 2010 amounted to 23 percent in the red. Thiel had gambled with a bet on oil. Since 2008, the assets of the fund has fallen by 90 percent. Thiel wants to discourage young people from studying In Silicon Valley but

Thiel is an investor with vision. He stops in front of wealthy people talk with sentences like this: “. The future is not something abstract, we have all of it and are asked to design them, shape them and to make it.” Who can show in the U.S. alongside such words even billions, is regarded as visionary.

Thiel fancies himself as a representative of provocative ideas. The billionaire funded annually 20 highly talented students under age 20 with $ 100,000 each. Condition for the money: you need to stop their studies and work instead of their own business ideas

“Contrary to common perception is forming a drag on innovation and progress made,” Thiel holds against critics. By tuition fees would go into debt and then graduates to take the first job blindly. “People can do anything, what entrepreneurial, innovative or even non-commercial,” says Thiel.

is therefore fitting that he “Seasteading” invested. This initiative will establish new States on floating, artificial platforms in the open sea. With deregulated economy and efficient administration, these maritime states existing nations put pressure on liberal reform.

Thiel is considered to be libertarian, who is working toward ensuring that the state governs as little as possible into the economy and society. Politicians do not have the knowledge to recognize what problems are most pressing, he says. As a student, Thiel founded a conservative student newspaper that railed against feminism and multiculturalism on campus. In the 2008 presidential campaign, he supported Republican John McCain, even the ultra-conservative tea party candidates received money from him. Even on an anti-immigrant organization have donated money to Thiel.

But the image of the stalwart Republican, there are breaks: Thiel already supported a pro-marijuana campaign

.He wants to overcome

illness and death

of the options through Facebook is the enthusiastic entrepreneur, but about his private life, he reveals very little. As a website in 2007, wrote that he lives in San Francisco at the Four Seasons, and drives a McLaren sports car, Thiel was angry. As another web page then also made public his homosexuality, Thiel scolded the reporters as terrorists.

The Internet, he now sees no longer, as the largest investment opportunity. Give the best prospects for technological breakthroughs are in biotechnology, nanotechnology, robotics, or in the field of artificial intelligence, Thiel said the “Frankfurter Allgemeine Zeitung”.

Is it any wonder that Thiel is also on the wildest part of all projects: overcoming sickness, old age and death. This he puts money into the biotech company Halcyon. The head of the company, he should have said, smiling at a party: “You have to do it, otherwise we all must die.”

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China shares little changed in the course – like trade Loser

bozz — Fri, 03 Feb 2012 06:00:35 +0000

SHANGHAI (Dow Jones) – The stock markets in China, according to recorded from trading on Friday, a relatively lackluster trade show and only moved slightly. A certain willingness to selling was seen but, says one dealer. Another market participant speaks of a typical consolidation after the previous day’s sharp lapels. The Shanghai Composite oscillates between positive and negative territory. 6.20 Against the clock CET Chinese benchmark index rises by 0.1 percent to 2314 points in the Hong Kong HSI down by 0.1 percent to 20 719 meters. “The trade is still extremely quiet running, but from a technical perspective chart easier to pay tax pressures,” says Guo Yong analyst from GF Securities. Impacted by lower oil prices on energy values fall slightly under pressure, China Petroleum & Chemical Corp. gained 1.5 percent to 7.74 yuan. In the financial sector pay for Shanghai Pudong Development Bank 0.1 percent to 9.39 yuan one. China Vanke also give off 0.1 percent to 7.69 yuan.

DJG / flf

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Wall Street mixed with contradictory signals (Dow Jones)

bozz — Thu, 02 Feb 2012 18:01:19 +0000

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