IHS Cambridge Energy Research Associates could be wrong
November 22, 2009
Oil Supply Set to Grow Through 2030 with No Peak Evident | www.rigzone.com
Global oil productive capacity will grow through 2030 with no evidence of a supply peak. This is a new finding based on an analysis of more than 10,000 projects around the globe. The report is titled: The Future of Global Oil Supply. An adequate inventory of physical resources are available to increase supply through 2030. Sixty percent of the fields examined were found to have production levels steady or climbing. A different oil market has recently evolved.
Japan Prepares to Dip into Postal Savings, Insurance Funds
November 22, 2009
Ordinary JGB Issuance To Exceed Y140tln In FY10 | www.nni.nikkei.co.jp
Nikkei reports plans for the issuance of more than JPY 150 trillion in government bonds during Fiscal 2010, nearly 30% of GDP, including the rollover of JPY 100 trillion in existing debt plus new issuance of 44 trillion in JGBs and 10 trillion in Fiscal Investment and Loan Program (FILP) bonds. Actual issuance could easily exceed plans, however, due to declining tax revenues and blanket guarantees extended to troubled borrowers.
Hardball 11/21/09: Calix’s IPO in Order to Buy Cyan?
November 21, 2009
Calix Files IPO. Will Cyan Be Mike Hatfield's Next Big Hit? | www.businessweek.com
In a 2005 BusinessWeek article, Calix’ CEO was quoted as saying: "The only thing that would cause me to go public is if we wanted to go do an acquisition. I don't know why else I'd do it." It was clear to us earlier this year that he had evidently not changed his stance in justifying an IPO.
Pollock front and center again, despite no one knowing why
November 20, 2009
Pollock quotas likely to drop again | www.publicbroadcasting.net
The latest prediction on the Total Allowable Catch totals for the USA pollock industry for 2010 appear to be solidly in favor of lowering them once again. This makes Greenpeace happy (not really) but is bad news for the industry as a whole. Jobs will be lost, companies may be headed for continued hard times. Yet most consumers of fish say, so what, I never eat pollock. How wrong they are.
November 20, 2009
Fear of Double Dip in Housing | online.wsj.com
No matter what the spin, facts are irrefutable.3.5M houses in foreclosure trumps the NAR story about lower inventoryMore than 3 times the current number of foreclosures are in pre-foreclosure.2010 and 2011 will see great numbers of foreclosures.
November 20, 2009
A sector too tough to save | online.wsj.com
Banks, with government support, will "pretend" over the value of Commercial Assets.Loans will be, for the most part, extended, in order that no one has to take a "hit"Kicking the can down the road, as usual.Some modifications will be worked out.
What GAO card study means to interchange legislation & NY lawsuit.
November 20, 2009
GAO: Let Card-Fee System Stand | online.wsj.com
The GAO study of bankcard interchange fees is a mixed bag for the industry. It upholds the practice (in contradiction to the lawsuit against the practice in New York) but points to numerous ideas about how its excesses can be reduced. The latter could propel the Welsh bill in Congress toward enactment. It would allow merchant actions to pressure issuers to accept lower interchange fees. The study's ideas could also play a role in crafting a settlement of the NY suit.
Petrobras has potential to corner latin American LNG market
November 20, 2009
40 TCF Gas Recoverable from 3 Brazilian Oil Fields | www.rigzone.com
A spokesman for BG Group said that 40 trillion cubic feet of natural gas can be recovered from Tupi, Iara and Guara oil discoveries offshore Brazil. The three fields contain between 9.1 and 14 billion barrels of oil equivalent. They will transform Brazil into a major oil exporter in the next decade. Confirmation of sizeable gas reserves will quadruple Brazil's proven reserves. The natural gas could be used for domestic power generation. Last week Sao Paulo suffered a major electric blackout.
Hardball 11/20/09/13:00 GMT: NSN Likely for NT’s Optical Assets– Infinera Entry?
November 20, 2009
One at a time, please: Nortel delays one auction because of another | localtechwire.com
Nokia Siemens Networks desperately needs to establish a sizable public network presence in North America. Even if Ericsson places a bid, NSN appears to be the favorite to get Nortel’s optical assets. There has been speculation about Infinera entering the fray.
Will Quest Acquire Vermillion?
November 20, 2009
Why Quest Will Acquire Vermillion | www.genomeweb.com
Quest Diagnostics has had a known relationship with Vermillion. Now that Vermillion has received FDA approval for its OVA1 in vitro diagnostic multi-variant index assay (IVDMIA) and Quest has an exclusive three year marketing license and a 17% investment in the company plus additional loans, acquisition of Vermillion could make sense for both companies.
Toyota's California Plant Exit Makes Sense
September 17, 2009
It's Possible Berkshire Hathaway Could Help Kraft Acquire Cadbury
September 10, 2009
California's Impact on the Las Vegas Strip, City Center & the port of LA
September 8, 2009
Toyota Will Feel The Heat Of California Lawmakers In NUMMI Plant Closing
September 1, 2009
US Hotel Industry Recession Enters New Rate Erosion Phase
September 1, 2009