January, 2012
Croatia Wheat 12-13 Production Forecast At 832,000 Tons – USDA
Croatia Wheat 12-13 Production Forecast At 832,000 Tons – USDA Croatia’s wheat production during the 2012-13 crop year will likely hit 832,000 metric tons, leaving the country with around 280,000 tons of grain for export, according to the U..S Department of Agriculture’s Zagreb attache. Croatia’s 2012-13 corn production is forecast to hit 2 million metric [...]
Thailand May Lose World’s Top Rice Exporter Title; Over 40% Fall Likely In 2012
Thailand May Lose World’s Top Rice Exporter Title; Over 40% Fall Likely In 2012 Thai rice exports could fall by more than 40% to multiyear lows, on the back of uncompetitive prices and government buying above market rates, a top industry official said Monday, potentially putting Thailand below Vietnam and India as the world’s top [...]
Renewable Energy: Biofuels _ RFS2 is the big driver
Renewable Energy: Biofuels_ RFS2 is the big driver Maybe not the “valley of death”, but still a big swale — Venture capitalists traditionally consider the funding gap necessary to get unproven technologies off the ground the “valley of death.” First generation biofuels (i.e. ethanol) are well established, but 2012 will be the first year [...]
Renewable Energy: LED_ Bottom But Recovery Slow
Renewable Energy: LED_ Bottom But Recovery Slow Year of digestion; 2H recovery possible, but more likely ‘13 — We see at most ~350 MOCVD tools (equivalent chambers) shipping in 2012 (down ~50% Y/Y) and even this may prove aggressive as it requires a big 2H ramp from ~125 in 1H. China should drive the [...]
Pep Boys Agrees to Be Acquired by Gores Group for $15 a Share
Pep Boys Agrees to Be Acquired by Gores Group for $15 a Share Pep Boys — Manny, Moe & Jack, a Philadelphia-based automotive retailer, agreed to be acquired by Gores Group for $1 billion including debt. The cash offer of $15 a share is 24 percent higher than Pep Boys’ closing price on Jan. 27, [...]
Merkel Says Bondholders, Troika Not Yet Ready for New Greek Plan
Merkel Says Bondholders, Troika Not Yet Ready for New Greek Plan European leaders won’t finalize Greece’s second aid program today because talks with banks over debt reduction aren’t completed, German Chancellor Angela Merkel said. Leaders are also awaiting a European-International Monetary Fund assessment of Greece’s current needs and the status of its economic reforms, Merkel [...]
*U.S. CONSUMER SPENDING UNCHANGED IN DEC., INCOMES CLIMBED 0.5%
*U.S. CONSUMER SPENDING UNCHANGED IN DEC., INCOMES CLIMBED 0.5% Consumer spending stalled in December, ending 2011 on a weak note that raises concern the biggest part of the U.S. economy will cool. Purchases were little changed after rising 0.1 percent the prior month, Commerce Department figures showed today in Washington. The median estimate of 77 [...]
Starbucks, Tata Venture to Open First Store in India by August
Starbucks, Tata Venture to Open First Store in India by August Starbucks Corp. and its venture partner Tata Global Beverages Ltd. will open their first store in India by August to tap rising consumption of the beverage in the world’s fastest growing major economy after China. The equal venture will open stores in Mumbai and [...]
ABB to Buy Thomas & Betts for $3.9 Billion to Add Power Gear
ABB to Buy Thomas & Betts for $3.9 Billion to Add Power Gear ABB Ltd., the world’s largest maker of power-distribution equipment, agreed to buy Thomas & Betts Corp. for $3.9 billion to expand its North American distribution network and boost sales of low-voltage gear. ABB offered $72 for each share of Memphis, Tennessee-based Thomas [...]
Bernanke Beats Obama for Mortgage-Bond Investors: Credit Markets
Bernanke Beats Obama for Mortgage-Bond Investors: Credit Markets Mortgage-bond investors have been betting that Federal Reserve Chairman Ben S. Bernanke will do more to aid housing than President Barack Obama. Government-backed mortgage bonds are poised to return the most this month since October relative to Treasuries, with the Fed helping push yields on lower-coupon notes [...]
