Archive for December 4th, 2009

A huge surprise from the US Labour Department, as only 11,000 jobs were lost in the States in Novemebr. How did the markets react? Find out with I-Net… »

Europe’s favourite, funniest, and most innovative bookmaker, Paddy Power of PaddyPower.com runs through the favourites for the tournament as well as whingeing on about the scandalous exit of his beloved Ireland at the hands of the treacherous Thierry… »

South Africa’s favourite stock broker and football fanatic David Shapiro runs through his ideas of companies that will benefit from 2010. Plus of course, his ideas on the outcome of the greatest sporting event in the world. David chats to Lindsay Williams….any… »

Gary Bailey, top Supersport presenter, ex-England and Manchester United goalkeeper, and World Cup ambassador sets the scene for the draw and explains the alliance he’s formed with Seeff to help alleviate the shortage of beds during World Cup 2010. Gary chats to Lindsay… »

WASHINGTON (Reuters) - U.S. employers cut only 11,000 jobs last month, the best showing in nearly two years, and the jobless rate edged down to 10 percent, a strong suggestion the jobs market was edging toward health.

The Labor Department said on Friday job losses for September and October were revised to show 159,000 fewer jobs… »

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Banking group Absa (ASA) advised on Friday that its headline earnings per share (HEPS) for the year ending 31 December 2009 are expected to be between 25% and 35% lower than that reported for the previous financial year.
Earnings per share (EPS) for the same period are expected… »

South African stocks were weaker by noon on Friday, seeing some profit taking on the back of a poor session in the US on Thursday and also waiting for the outcome of key economic data in the US for further direction.
At 12:01 the JSE all share index had given up… »

State-owned freight transport and logistics business Transnet on Friday pointed to a “robust” performance up to November, with revenue up 5.3%, and 8 billion rand cash available.
“The Board wishes to express its full confidence and support to the company’s executive management team whose commitment has seen Transnet weathering the unprecedented… »

The search for a “new” growth model for South Africa is spot on, but it assumes that there was an “old” growth model and that this old growth model was implemented fully and effectively, but did not work, said an economist on Friday.
“I want to be so bold as to… »