Homebuying contracts hit highest level in a year in Oct.
By Derek Kravitz, Associated Press
2011.11.30 01:14 PM
WASHINGTON – The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.
Wednesday, November 30, 2011
CNNMoney: Job reports paint positive picture before U.S. data
America's Jobs Crisis
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
CNNMoney: China steps on the economic accelerator
CNNMoney: China steps on the economic accelerator http://t.co/CDVWXjH3
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
Tuesday, November 29, 2011
Bloomberg: Home Prices in 20 U.S. Cities Fall More Than Forecast, Case-Shiller Says
Home Prices in 20 U.S. Cities Fall More Than Forecast, Case-Shiller Says
By Alex Kowalski - 2011.11.29 06:18 AM
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
By Alex Kowalski - 2011.11.29 06:18 AM
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
Reuters: Insight: In euro zone crisis, companies plan for the unthinkable
Insight: In euro zone crisis, companies plan for the unthinkable
By Ben Hirschler and Scott Malone
LONDON/BOSTON | Tue Nov 29, 2011 5:30pm EST
(Reuters) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation moved far beyond the usual discussion of sales and performance. Jesper Brandgaard asked a simple, far-reaching question: how would the firm set prices for two pivotal new insulin products if the euro collapsed?
By Ben Hirschler and Scott Malone
LONDON/BOSTON | Tue Nov 29, 2011 5:30pm EST
(Reuters) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation moved far beyond the usual discussion of sales and performance. Jesper Brandgaard asked a simple, far-reaching question: how would the firm set prices for two pivotal new insulin products if the euro collapsed?
CNNMoney: A French downgrade could derail eurozone rescue
Europe's Debt Crisis
A French downgrade could derail eurozone rescue
By Ben Rooney @CNNMoneyMarketsNovember 29, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- In what would be another blow to Europe's beleaguered rescue fund, there is growing speculation that France will eventually lose its top-tier credit rating.
A French downgrade could derail eurozone rescue
By Ben Rooney @CNNMoneyMarketsNovember 29, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- In what would be another blow to Europe's beleaguered rescue fund, there is growing speculation that France will eventually lose its top-tier credit rating.
Tesco pension fund has appetite for non-core real estate strategies
Real Estate News
Tesco pension fund has appetite for non-core real estate strategies
28 November 2011
UK - Jenny Buck, the newly appointed head of property at the Tesco pension fund, will target higher returns by investing outside core real estate.
Tesco pension fund has appetite for non-core real estate strategies
28 November 2011
UK - Jenny Buck, the newly appointed head of property at the Tesco pension fund, will target higher returns by investing outside core real estate.
Monday, November 28, 2011
SG: Eco Analysis - US Housing: New home sales rose modestly in October (B. Jones)
Eco Analysis - US Housing: New home sales rose modestly in October (B. Jones)
■ Closings on newly constructed dwellings moved higher in October
The number of newly constructed dwellings going to contract rose by 1.3% to a five-month high seasonally adjusted annual rate of 307,000 in October. The reported level of activity last month was below both our (330,000) and the median Street projections (315,000), however. Moreover, back-month revisions shaved 15,000 off the previously posted tallies for July through September.
■ Closings on newly constructed dwellings moved higher in October
The number of newly constructed dwellings going to contract rose by 1.3% to a five-month high seasonally adjusted annual rate of 307,000 in October. The reported level of activity last month was below both our (330,000) and the median Street projections (315,000), however. Moreover, back-month revisions shaved 15,000 off the previously posted tallies for July through September.
Sunday, November 27, 2011
Perspectives on e-commerce: demystifying distribution site selection (JLL)
Perspectives on e-commerce: demystifying distribution site selection
Internet—and now, mobile phone—commerce are growing over twice as fast as store retailing.
View report
Resource Insights: Why isn't the Keystone pipeline extension going to eastern Canada?
Resource Insights
Why isn't the Keystone pipeline extension going to eastern Canada?
So much of the discussion surrounding an extension of the existing Keystone oil pipeline system which spans Canada and the United States assumes that the growing production of bitumen (it's not really oil) from the Canadian tar sands is either going to the United States or to China. But the following question ought to be an obvious one to anyone who knows that Canada imports 43 percent of the oil it consumes: Why isn't there any discussion of a new pipeline to eastern Canada where most of the oil consumed is imported?
Why isn't the Keystone pipeline extension going to eastern Canada?
So much of the discussion surrounding an extension of the existing Keystone oil pipeline system which spans Canada and the United States assumes that the growing production of bitumen (it's not really oil) from the Canadian tar sands is either going to the United States or to China. But the following question ought to be an obvious one to anyone who knows that Canada imports 43 percent of the oil it consumes: Why isn't there any discussion of a new pipeline to eastern Canada where most of the oil consumed is imported?
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