GLG News in Consumer Goods & Services

The annual compound growth rate of diamond and jewelery business in India is about 14% per annum from 2008 to 2011. This change in retail will give lot of help to Indian Economy to grow.

With all of the past weeks bailouts, buyouts, federal government purchases and bankruptcies', it was not surprising to hear that Congress is expected to approve a $25 billion loan package for the Detroit Three. However, there are a lot of "ifs" that will have to happen before Detroit is out of the woods.

While the end of food inflation is not at hand, restaurants must manage the price/value/promotion relationship cafefully. New factors have emerged this week that will affect restaurants. Some restaurant companies will have earnings shortfalls later in 2009.

  In regards to the article, I believe Honda is feeling pressure from GM.    It is a fact that Honda's vehicles built in the US are produced at factories that may not have Union workers.     I believe Honda is feeling the same pressures as our Big 3! 

Airlines have been milking their frequent flyer programs and essentially selling something for nothing. But with IFRIC13 there is now a significant impact on their balance sheets. Are airlines opening themselves up for a problem that will haunt them for the future?

Seems that the only way most companies can cope with business being off is to cut payroll. Laying off good staff member is not the way to go. There are other measures that can be worked out. How much will these reduced staff actually help IGT,  and is it premature to think that there is a break in the gloom and doom coming in 2009?

General Motors-the lumbering, money-losing giant of American industry-unveiled the long-awaited Chevy Volt this week to celebrate its 100th anniversary. The event though, marked more than a new car for GM and a triple-digit birthday. It could set the stage for for a change in the balance of power in the automotive business

Sears acquiring K-mart stores was a smart purchase due to the value of the real estate holdings. Edward Lampert raised cash by selling long term leases in prime locations shortly after acquiring the company(SHLD). I think as little as Lampert discusses his company in public you can clearly see his long term strategy is well thought out. The article clearly points out the selling off the remaining...

How will this beautiful new mega resort affect the dynamics of the Las Vegas gaming industry.? Will it start a trend as the Mirage did when it opened in1989? Can other top properties keep up and expand to keep up with this new trend? 

Tight credit has replaced high gasoline prices as the chief impediment to selling a new vehicle. With customers adjusting to the gas prices, getting the right kind of credit approval has become the most important issue facing auto dealers.