Archive for December, 2011
Dec 31st, 2011
Iran is proposing a new round of talks about its controversial nuclear program with the 6 world powers, the country's top nuclear negotiator stated Saturday.
Saeed Jalili stated that he has formally called on the 6 powers -- the United States, Russia, China, Britain, France and Germany -- to go back to the negotiating table with Iran.
The invitation comes after new sanctions newly imposed by the West over Tehran's uranium enrichment program, which is a potential pathway to creating nuclear arms.
The last round of negotiations between Iran and the 5 permanent members of the U.N. Security Council along with Germany in January in Istanb
Dec 31st, 2011
According to the Iraqi security officials some unknown gunmen carrying silenced weapons opened fire at a checkpost which was being controlled by the government-supported Sunni militiamen and killed all the five present there. This violent incident took place in the comparatively restive northern province of Dayala. Police and the head of the local security committee said that this attack took place just after 2300 GMT in the town of Khan Bani Saad, which is located some 30 km northeast of Baghdad. Head of the security committee in Khan Bani Saad, Saad Abdullah said that an attack of such a stature that claims lives of five security men indica
Dec 31st, 2011
The US Food and Drug Administration approved the expansion of the world largest pharmaceutical company Pfizer Inc best selling Prevnar 13 vaccine for use in preventing pneumococcal disease in adults age 50 and above.
The Pfizer’s Prevnar 13 protects and fights against 13 strains of pneumococcal bacteria that cause meningitis, pneumonia and ear infections.
In the United States, Prevnar 13, which had been approved for children and is one of the biggest brands of US, based company Pfizer and according to the company, an expanded population of adults could make annual sales of more than $1.5 billion.
The USFDA said that nearly
Dec 31st, 2011
The holidays of 2011 is one of the best ever holidays for the online retailer giant Amazon due to top sales of its latest product of Kindle family.
Amazon announced that it sold over one million Kindles each week in December with record demand led by its Fire Tab.
Digital industry media reported that the heavily advertised Amazon Kindle brand e-reader and tablet computer held the top three spots on the sales charts of Amazon, with the Kindle Fire Tablet leading, followed by the Kindle Touch and the non-touch Kindle e-reader.
Seattle-Washington based company said that its Kindle Fire Tab is one of the best selling, mos
Dec 31st, 2011
A latest survey released on Friday by HSBC Purchasing Managers Index showed that manufacturing sector of China slowed in the last month of 2011 for a second month due to weak global demand amid sluggish US economy and European debt crisis.
The latest HSBC report added the growing indications of tension on the world second largest economy’s manufacturers and exporters. The final HSBC Purchasing Managers Index for December 2011 rose 48.7 on a 100-point scale as compared with a reading of 47.7 in November. The report showed that the Chinese companies reported a plummet in foreign orders due to sluggish global demand.
In a stateme
Dec 31st, 2011
The S&P 500 Index lost -5.42 points or 0.43% to end at 1,257.60, the index marked a 2% gain in January as the stocks displayed full strength in the early part of the year, saw a peak in April climbing more than 8%, than things turned more volatile and the index shed by October at its lowest levels of the year more than 12%.
This volatility resulted due to couple of events that impacted on economy as well as on stocks trading. The impact drawn by spike in energy costs related to civic and social unrest in the Middle East and North Africa, the massive earthquake in Japan, the Eurozone sovereign debt crisis, and downgrade of US debt ratin
Dec 31st, 2011
AT&T Inc. (NYSE:T) reported about its 2011 wireless network investments in the Charlotte area which include structuring a dozen cell sites, raising ability and capacity to perk up customers' mobile voice and broadband experience. Under the AT&T brand rather than AT&T Inc, AT&T products and services are delivered or provided by subsidiaries and associates of AT&T Inc.
AT&T Inc. is a leading communications holding company and one of the most privileged companies in the world. Its subsidiaries and associates; AT&T operating companies are the deliverer of AT&T services in the United States and around the globe.
Dec 31st, 2011
The NASDAQ Composite Index saw a slid of -8.59 points or 0.33% to close at 2,605.15 whereas it has lost 1.8% for the year. NASDAQ’s stock, Dell (DELL) has progrmmed to conduct its first annual Storage Forum in Europe which will continue from January 9, 2012 to January 12, 2012 at Grange St Paul’s Hotel in London.
This event would be an open forum for customers and channel partners which facilitae them to talk and debate on major movements in the storage industry and gain special insight into Dell’s Fluid Data architecture strategy from a series of executive and technical sessions. Moreover, Dell is expected to unveil new solutions a
Dec 31st, 2011
The Dow Jones Industrial Average Index accelerated lower -69.48% points or 0.57% to settle at the level of 12,217.56 while the index advanced 5.5% for the year. Only seven stocks beat out in the last session of 2011 while remaining all twenty three stocks dip in red sea with International business machine leading the pack by shedding -1.24%. On the other side Bank of America (BAC) led the queue of gainers with a 1.83% surge.
Official of Disney (DIS) reported that out of four Orlando parks, three parks including the Magic Kingdom, Animal Kingdom and Hollywood Studios had to delay entry for about ninety minutes for day ticket holders to make
Dec 31st, 2011
Technology Sector saw a slid of -0.31% whereas tech stock, Verizon Wireless, the company, held by Verizon Communications (NYSE:VZ) and Vodafone (NASDAQ:VOD), has suddenly reversed its decision to charge customers $2 for making payments by phone or online right after one day of revealing the fee, as per strong objection by customers and also due to threat of an FCC inquiry. Verizon Wireless, actually took this action on off-guard by the customer reaction. In the meanwhile, on Friday morning, the FCC commented that it would look into the matter.
Verizon price saw a jump of +0.17% to close at $40.12 while its dealing range for the day was $39
