Business Headlines September 1 2009
U.S. Manufacturing Grows For the First Time in a Year +++By Courtney SchlissermanSept. 1 (Bloomberg) — Factories in the U.S. expanded in August for the first time in 19 months helping lead the economy out of the worst recession since the 1930s.The Institute for Supply Management’s factory g ...

2Q09 sectoral round-up
Written by Fong Min Hun Joy Lee Loong Tse Min & Jenny Ng Tuesday 01 September 2009 11:17 KUALA LUMPUR: In line with signs of economic recovery emerging in the second quarter (2Q) as Malaysia recorded a slower pace of contraction in its GDP (-3.9% year-on-year (y-o-y) versus -6.2% in 1Q) listed ...


The Bankrupt Stock Casino Stays Open
Oooh SuperflyYou’re gonna make your fortune by and byBut if you lose don’t ask no questions whyThe only game you know is Do or Die-from Superfly by Curtis Mayfield I got a call the other day from a friend of mine looking to buy shares of bankrupt Lehman Brothers which now trades on the Pin ...

Sime's bottom-line rebounded
Sime announced its results for 4Q2009 ended 30/6/2009 last week. Its net profit increased sequentially by more than 5 folds to RM984 million on an unchanged turnover of RM7.535 billion. Compared to 4Q2008 net profit dropped by 3.6% while turnover was lower by 17.4%.Table 1: Sime's 8 quarterly r ...

Whats up with Berger Paints?
This chart is very strange. At 1:30 pm yesterday the stock popped up and has since being going up straight on volumes that are much higher than it usually trades. Is there some insider info out there? Is this company getting sold or something? If some fund house has suddenly become interested i ...