Thursday, July 29, 2010

Archive for January, 2010

Debtors closed the border

Friday, January 29, 2010 12:12

Metropolitan Municipality is preparing for another round of anti-malicious defaulters for housing and communal services. From Kiev, arrears of rent, have already started to turn off the electricity. And in the near future, they prohibit issuing passports and travel outside Ukraine. According to the Chief Information and Computing Center KSCA, total debt service for the Kiev Housing is today about 0.5 billion UAH., of which about 340 million UAH. - Arrears of rent. Most of this amount represents only 8 thousand hard-core non-payers, which should ZhEKam more than 10 thousand UAH. each. Although the mayor has repeatedly attempted to solve this problem, a tangible result to no avail. From the service reservoir, the city had to refuse, because the procedure developed by the KSCA cooperation with them in the spring of last year challenged the prosecutor"s office. The use of devices to block access to sanitation apartments (so-called crabs) - an expensive method, and therefore widely used in Kiev is not found. As a result, in the metropolitan municipality decided to bet on ZhEKov recourse to the courts, which should contribute to the solution of the summer the city council, exempting from the payment of operating the office of the state duty. Since ensure expeditious implementation of positive solutions for ZhEKov courts was problematic because of the slowness of the executive service, officials decided to use additional methods of exposure. The first of them, according to a source in the city administration, will be off these apartments from the power supply. This procedure mayor has already agreed with the management of JSC "Kyivenergo." The fact is that most of debtors, ignoring the payment of all utility services, do pay for electricity. But the structure of the rent is a small sum for maintenance Intra electrical networks. Therefore, workers ZHEK will send two copies of the letter - in JSC Kyivenergo and non-payers, which notified the parties that can not be responsible for the safe operation of power grids because of the arrears of rent. Disable flat from electricity meters will come and seal ZHEK and employees, and the power company.

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Major retailers recorded the traditional increase in sales for December

Friday, January 29, 2010 8:31

Novorossiysk Commercial Sea Port has published operating results for the year 2009. During this period the company turnover increased by 6,0%. This liquid cargo turnover increased by 6,6%, bulk - by 40,0%, while container throughput decreased by 38,4%. "We appreciate the operating results for the NCSP in 2009 as moderately positive. The freight turnover of Russian seaports in the 11 months of 2009 increased more significantly than the NCSP - on 9,0% against 6,0% in the NCSP. However, the operating performance of the NCSP look much better than the average for Transport ", - analyst IK" Finam "Konstantin Romanov. Vice President EMAlliance Sergei Karaulov reported that the main shareholder - Auburn Investments - the IPO plans to place among the investors up to 25% of the shares instead of the previously planned 10-15%. Increase the placed shares due to the high demand of investors. "We commend the increased offerings EMAlliance, as this will increase the liquidity of shares on the secondary market. Nevertheless, we note that the company is not issuing new shares. As a result, the company does not use the IPO as an opportunity to attract the necessary financing for the investment program capital ", - said in a daily" Finam ". largest retailers recorded the traditional increase in sales for December. This is mainly affected segment of the grocery retail market, which was justified Pre-New Year wedge population. Manual X5 Retail Group notes fairly strong results in December, but the absolute figures the company plans to open on January 19. While a public retailers reported only Magnet - sales growth up to December amounted to about 22,8% in ruble terms, while significantly increasing the rate of growth in comparison with November. "We note that the public retailers continue to increase revenue significantly outperformed the overall market. The latest data published by Rosstat, the dynamics of retail sales show drop in turnover in real terms in January-November 2009 to 5,7% (a drop in November was about 6.4%). We believe that the current high growth rates three public networks grocery retailers - Magnet, Dixie Group, X5 Retail - will continue in 2010 due to high dynamics of discovery "- predicts Sergei Phylchenkov of Finam . More information on these and other analysts" comments Finam you can refer to the section "Investments" log in and see the material;; Your score will be the first! Analyst Ratings

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The focus this week will be focused on the reporting of large U.S. banks

Friday, January 29, 2010 2:10

The main factor for investors this week will be out of U.S. company results for the 4 quarter of 2009, which set the tone for trading, not only for the financial sector, but also for the whole market as a whole. The focus will be on the reporting of large U.S. banks. Tuesday is scheduled for release reporting Citigroup, on Wednesday - Morgan Stanley, Bank of America and Wells Fargo, on Thursday - Goldman Sachs. There is reason to believe that the statements of U.S. banks will be strong and may even be better than market expectations. Activity in the capital market further increased in the 4 th quarter, and revenues of U.S. banks, which are major players in global capital markets, have remained at a good level. Accordingly, we believe that this week the markets will be dominated by a positive trend. this week released a lot of important macroeconomic statistics.

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Index of the Frankfurt Stock Exchange Xetra DAX rose 0.57%, the index of the London Stock Exchange FTSE 100 rose 0.77%

Thursday, January 28, 2010 16:22

Index Ksetra the Frankfurt Stock Exchange DAX (Xetra DAX) rose 33.57 points (0.57%) and at the level of 5909.54. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 42.12 points (0.77%) and at the level of 5497.49. The March futures on the index S & Pi 500 (SP 500) on Globex (Globex) rose by 2.8 points and is 1135.1. The euro /dollar established in the European session in a narrow range between levels 1.4364 and 1.4391. On the one hand, support for the euro against the dollar has a growth rate pound /dollar, as well as increased rates of gold, the Australian and New Zealand dollars. support of, the riskier instruments has expectation, in particular, the positive data in China, which will be published this week. On the other hand, the euro continues to pressure from investors due to concerns about the situation with the budget deficit in Greece. pound /dollar rose today to the level of 1.6375.

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Review of the precious metals market for 15.01.10

Thursday, January 28, 2010 6:09

Dynamics On Friday, Jan. 15 quotes for gold and silver have completed trades with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of equity markets and adjacent areas. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX) quotes gold futures dropped 12.50 to 1130.50 on dollars per troy ounce, quotes, silver futures fell 23 cents to 18.43 dollars per ounce. Causes On Friday 15 January futures on precious metals have completed trades with a decrease in price under the following factors: 1 - strengthening of the dollar in the FOREX market to the weakening of the tendency of investors to take risks after the economic makrostatistiki and news related to credit in Europe and the global economic recovery, 2 - negative dynamics of the neighboring markets, namely the drop in oil prices, the fifth consecutive day, and 3 - the fall of the stock sites, where the major U.S. stock indices closed in the red zone against the backdrop of negative quarterly reports (Dow Jones industrial average - 10609.65 (-100.90, or -0.94%), Nasdaq Composite - 2287.99 (-28.75, or -1.24%), SP 500 - 1136.03 (-12.43, or -1.08%)), 4 - lack of inflationary pressures has prompted some traders sell futures for gold to leveling or reduction of positions in anticipation of the three-day weekend on the occasion of Martin Luther King in the United States.

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UBS no longer provides the world”s largest investment company access to the domestic stock market of China

Wednesday, January 27, 2010 20:13

Swiss investment bank UBS has ceased to provide services to provide some of the largest investment companies in the world access to the domestic stock market of China.   UBS is one of 86 foreign financial groups, which received the right to invest in the securities of China under a qualified foreign institution investors (QFII). Under this scheme, UBS, for a fee provided the institutional clients to the exclusive use of their investment quotas. Then UBS to buy or sell shares at the request of the client.   Swiss bank has completed this activity in November, a month after Beijing banned the "transfer or sale of" quotas under a QFII. However, since there are still disagreements over the interpretation of the new rules, other investment banks continue to provide services for the provision of quotas. "This is a serious change in our business model, but we decided that the best way to make concessions and, therefore, taken the most urgent measures" - says the head of the Department of the Chinese stock market UBS Nicole Yuen (Nicole Yuen).

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Social organizations: Income from the state budget of Ukraine from the excise tax on tobacco products in 2009 increased by 2,5 times

Wednesday, January 27, 2010 10:10

income to the state budget of Ukraine for 2009 from the excise tax on tobacco products increased by 2.5 times compared to 2008 - to more than 9 billion UAH, said a coalition of NGOs "For a smoke-free Ukraine" with reference the data of the State Tax Administration (Tax Administration). "This increase in revenue was the result of two significant increases in excise duties in September 2008 and May 2009," - said in a statement on Monday. As reported in early January this year the Ukrainian government approved a strategy for reforming the tax system, which provides a substantial increase in excise tax payments. From 1 January 2010 and came into force a law which provides for indexation of excise rates on tobacco products and tax liability for payment of excise duty for each unique name for cigarettes, which is calculated at the same time the rates as a percentage of turnover from sales in lump sum per unit sold goods (products). &aea8mp;lt;p> According to the Ukrainian association of manufacturers of tobacco products "Ukrtyutyun, in May-September 2009, legal production of cigarettes declined by 21,5% compared to same period in 2008 due to the increase from May 1, the excise rates on tobacco products.

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Recommendations on the shares of Gazprom, Lukoil, Transneft “and” FGC UES “

Wednesday, January 27, 2010 0:11

Stocks Buy (the remaining 1 /3 limit) ordinary shares of "Gazprom" (GAZP RX) in the case of quotations to reduce 184.5-185.0 rub. with the immediate goal of 205.0 rubles. Maintain long positions in ordinary shares "LUKOIL" (LKOH RX) with the immediate goal in 1800 rubles. Save the remaining (2 /3 limit) long positions in preferred shares of Transneft "(TRNFP RX) with the immediate goal of 27700 rubles., in the event of a record profit of 1 /2 of available positions. Buy (the remaining 1 /3 limit) ordinary shares of FGC (FEES RX) in the case of reduction of quotations to 0.330-0.332 rubles. with the immediate goal of 0,360 rubles., in the event of a record profit of 1 /2 of available positions. sell (for the remaining 1 /3 limit) of the March futures on the RTS index (VEH0) in the case of growth of quotations of up to 1585-1590 points with the immediate goal in 1510 points in the event of a record profit of 1 /2 positions available. Raw save short positions in the February futures on oil WTI (CLG0) with the immediate goal of $ 76.70 and protective take profit on a mark of $ 80.80. double short positions in the March contract for natural gas (NGH0) in the case of growth of quotations of up to $ 5.80-5.85 from the immediate goal of $ 5.20 and stop loss on a mark of $ 6.10. log in and see the material;; 6; users rated material on 3,2. Analyst Ratings

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And when the market pitching …

Tuesday, January 26, 2010 14:11

USD And again pitching on the market. The long-awaited breakthrough and the trend reversal has not happened, because players do not fully lost faith in the power of the American economy. A series of disappointing figures from the labor market and a consumer sector still unable to reduce the demand for the dollar, although possibly a role in strengthening the currency and has played a flight from risky assets. Now traders are engaged in a guessing on what to expect from the nearest meeting Fedrezerva rates. Thus, all attention will be directed to the comments of representatives of the Federal Reserve, as well as data that may affect the tone of the accompanying statement. On Friday we learned that consumer prices in the United States remains symbolic, since the gradual recovery of the U.S. economy restrains inflation. Taking into account seasonal adjustments to the consumer price index (CPI) rose in December only after the unrevised 0.1% growth in November at 0.4%. American consumers continue to question the health of the economic system of his country, as confirmed by an index compiled by Reuters /University of Michigan, who grew up in December to only 72,8 pkt. against 72,5 pkt. in November. Projections indicate a significant increase - up to 74,0 pkt. Nevertheless, activity in New York"s manufacturing sector showed a sharper rise than analysts expected. The index of general state of the economy, reflected an increase to 15.9 from 4.5 in December. And industrial production rose in December at 0.6%, as analysts expected, while the rate was 72.0%. painting quite controversial, but one thing remains clear, that while the consumer sector is fairly weak, given the state of the labor market and the levels of expenditure. This is a very bad sign, since households are the backbone of the American economy. Calendar of this week is unlikely to clarify the situation, because of scheduled reports only data on flows of foreign capital, an index PPI, the number of new buildings and activity in the manufacturing industry FRB Philadelphia. Today, markets are closed in observance of Martin Luther King Day. EUR In the last working day of the week the euro weakened against the dollar, and it was a lot of reasons. On Friday morning the single currency has been actively selling on rumors of the resignation of Chancellor Angela Merkel.

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Outside the background of recent days has been controversial

Tuesday, January 26, 2010 4:12

Outside the background of recent days was contradictory - on the one hand, the market pressured news from China (the beginning of the tightening of monetary policy), Europe (fiscal and debt crisis in Greece) and the U.S. (a sudden drop in retail sales). Ambiguous report of the first major U.S. bank, reported last quarter, put pressure on markets, particularly in the equities of the financial sector. Although the net profit ($ 0.74 per share) significantly exceeded the consensus forecast ($ 0.61), the result was assured income from investment banking operations. In this first 1 square. 2008, the Bank has received the loss in the retail segment, as had to build up reserves to cover losses on consumer loans. Moreover, the bank"s chief executive promises to 1P10 quarterly loss on credit cards in the amount of $ 1 billion as defaults in this segment reflect the high level of unemployment in the United States. Stated on the eve of Barack Obama plan to tax the largest financial companies in the U.S. as a new tax is not added their positive actions. Block American makrostatistiki was also mixed. Were better than expected data for the January increase in industrial activity in New York, inflation (CPI) formed below the consensus forecast, which indicates the possibility of maintaining supportive monetary policy the Fed. Data on industrial production coincided with the expectations (0.6%), although growth was achieved extraction of raw materials and power generation, with the downturn in the manufacturing sectors. But the greatest disappointment to the market brought a report on the index of consumer confidence in the University of Michigan - despite a slight increase in the previous month, it was below the consensus forecast, reflecting the deterioration in expectations of U.S.

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