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March 10, 2008
Back To The Basics
Analysis of: Hard Times On The Menu At Restaurants | money.aol.com
Author: GLG Expert Contributor
Analysis of: Hard Times On The Menu At Restaurants | money.aol.com
Author: GLG Expert Contributor
Everyone is aware that the economy is not where we want it to be as far as consumer confidence is concerned. Most companies got too comfortable with the economy of the past. Most companies stayed the same while the country was changing around them
March 10, 2008
Nobody Knows
Analysis of: Shares Slump as February Comps Disappoint | www.wwd.com
Author: GLG Expert Contributor
Analysis of: Shares Slump as February Comps Disappoint | www.wwd.com
Author: GLG Expert Contributor
Nobody knows what the future holds for apparel sales, but considering the conditions at the moment, they don't look very good. Look for special deals from your favorite stores as they have already started with good deals and online specials. Look for the Government checks to arrive in the Spring which...
March 7, 2008Department Stores Are Giving Up Market Share to Discounters and Off-Price Retailers
Analysis of: Shares Slump as February Comps Disappoint | www.wwd.com
Author: Martin Brill, Managing Partner, Sweetwater Consulting LLC
Middle income consumers are trading down from department stores such as Kohl's, Bon-Ton and Macy's to off-price retailers and discounters like TJX and Ross Stores, Wal-Mart and Costco. Missy apparel retailers and brands targeting "boomers" are suffering more than most in this economic...
March 7, 2008
MasterCard Appeals European Commision Ruling to Avoid Losing Market Share & Cross-Border Volume In Interchange Fees
Analysis of: MasterCard Files Appeal of European Commission Decision | www.paymentsnews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
MasterCard Appeals European Commision Ruling to Avoid Losing Market Share & Cross-Border Volume In Interchange Fees
Analysis of: MasterCard Files Appeal of European Commission Decision | www.paymentsnews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
MasterCard Europe filed an appeal of the European Commission's (EC) ruling that its non-negotiable interchange fees for cross-border transactions violated EC Treaty regulations. The EC's investigation found that interchange fees MasterCard charges on cross-border Maestro and MasterCard transactions...
March 7, 2008
Chase Expands Surcharge Free ATM Access At Hess Express Gas Stations In NY & NJ
Analysis of: Chase in ATM Branding Deal With Hess Express Gas Stations | www.finextra.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Chase Expands Surcharge Free ATM Access At Hess Express Gas Stations In NY & NJ
Analysis of: Chase in ATM Branding Deal With Hess Express Gas Stations | www.finextra.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
"Chase What Matters" is Chase's new tagline in its national ads. Chase's customers' are saying "surcharge free ATM access" is what matters to them, which is why Chase is expanding its ATM branding deal with Cardtronics to install Chase branded ATMs at Hess Express Gas Stations in NY and NJ. Surcharge...
March 5, 2008
Congress Grilled Bank Regulators on 3.4.08: Asks Why A Warning Bell Didn't Sound On Risky Lending Practices?
Analysis of: Regulators Say Banking Industry Strong Despite Current Problems | www.mercurynews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Congress Grilled Bank Regulators on 3.4.08: Asks Why A Warning Bell Didn't Sound On Risky Lending Practices?
Analysis of: Regulators Say Banking Industry Strong Despite Current Problems | www.mercurynews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Senator Chris Dodd, Chairman of the Banking Committee grilled bank regulators on 3.4.08 to determine why regulators didn't intervene as loose lending standards led to a meltdown in the mortgage market and caused a credit crunch that could thrust the U.S. economy into a recession. Regulators Donald Kohn...
March 5, 2008
Congress Wants to Talk "Executive Pay" With Angelo Mozilo, The Prince & Stan O'Neal on 3.8.08
Analysis of: US Congress Panel Sets March 7 Subprime CEO Hearing | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Congress Wants to Talk "Executive Pay" With Angelo Mozilo, The Prince & Stan O'Neal on 3.8.08
Analysis of: US Congress Panel Sets March 7 Subprime CEO Hearing | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The House Committee on Oversight & Government Reform will grill Angelo Mozilo, Countrywide's CEO, Charles Prince-former CEO of Citigroup and Stan O'Neal-former CEO of Merrill Lynch, when they testify on 3.7.08, as lawmakers examine if there is a link between "executive pay" and the U.S. mortgage...
March 5, 2008
Debit Card Growth Continues to Skyrocket; Surpassing Other Payment Instruments
Analysis of: Debit Cards in Use to Reach 5.2 Billion By 2012, According to New Report by Global Industry Analysts, Inc. | www.prweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Debit Card Growth Continues to Skyrocket; Surpassing Other Payment Instruments
Analysis of: Debit Cards in Use to Reach 5.2 Billion By 2012, According to New Report by Global Industry Analysts, Inc. | www.prweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Over the past five years consumers have chosen "debit cards" as their preferred payment of choice, trumping credit cards, cash, checks and other forms of payment. 63% of consumers chose debit cards for ease of use;57% perceive debit cards are safe and secure;53% chose debit cards because they can pay...
March 4, 2008Data is King: Verizon, Sprint, AT&T, and T-Mobile Hasten Voice as Commodity in the Wireless World
Analysis of: Verizon Wireless Introduces New Unlimited Plans That Are as Worry Free as the Guarantee | biz.yahoo.com
Author: Kenneth Eisner, Principal, Eisner Consulting
With the decreasing value of voice through both mobile and landline phones, Verizon, AT&T, Sprint, and T-Mobile are all entering into a price war that places a decreasing value on voice. They are also adding data onto their plans, and services such as Sprint TV, in the hopes of getting consumers...
March 3, 2008
HSBC to Writedown $17.2 Billion; Pressured to Sell U.S. Business Unit - HSBC Finance
Analysis of: HSBC Bad Debts Hit 8.7 Billion Pounds | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
HSBC to Writedown $17.2 Billion; Pressured to Sell U.S. Business Unit - HSBC Finance
Analysis of: HSBC Bad Debts Hit 8.7 Billion Pounds | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The U.S. subprime market crisis has affected another bank, HSBC, who will take a $17.2 billion writedown in losses for 2007, however, not all the news is bad for HSBC. HSBC sold its HSBC France bank branches to Banque Populaire for $3.2 billion. Rumors were rampant that HSBC wanted to sell HSBC France...
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