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North American Semiconductor Equipment Industry Posts December 2007 Book-to-Bill Ratio of 0.89

added: 18-01-2008

North American-based manufacturers of semiconductor equipment posted $1.23 billion in orders in December 2007 (three-month average basis) and a book-to-bill ratio of 0.89 according to the December 2007 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.89 means that $89 worth of orders were received for every $100 of product billed for the month.

Large Private Equity Acquisitions Grew U.S. Jobs Significantly in Recent Years

added: 17-01-2008

Acquisitions of large companies by some of the leading U.S.-based private equity firms between 2002 and 2005 resulted in significant net gains in U.S. employment, according to an important new study released today by the Private Equity Council. The most significant job gains came in the manufacturing sector, where U.S. companies acquired by private equity firms posted an overall employment gain of 1.4 percent, versus a loss of 7.7 percent in the broader manufacturing sector.

Mobile Pitches Hit Home

added: 17-01-2008

Advertisers are starting to reach US consumers by mobile phone in large numbers, according to the Limbo-sponsored "Mobile Advertising Report", conducted by GfK NOP Research.

Credit Crisis Will Cause Retail Banking Industry to Proceed with Caution in 2008

added: 17-01-2008

The U.S. subprime mortgage crisis has forced banks to enter 2008 in a reactive mode. New research from TowerGroup examining the top retail banking trends for 2008 finds that bankers are anxious on two fronts.

Mortgage Rates Post Largest 3 Week Decline in 20 Years

added: 17-01-2008

Evidence of a weaker economy pushed mortgage rates to the lowest point since July 2005, with the average conforming 30-year fixed mortgage rate now 5.75 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points.

Retail Employers Reveal Recruitment and Retention Strategies for 2008

added: 16-01-2008

While retailers may have pulled out all the stops the last few months to get customers to the shelves, a new CareerBuilder.com study reveals retailers themselves have some shopping to do - for talent.

OPEC's Total Crude Oil Output Rose to 32 Million Barrels Per Day in December 2007

added: 16-01-2008

The members of the Organization of Petroleum Exporting Countries (OPEC) produced an average 32.03 million barrels per day (b/d) of crude oil in December, according to a Platts survey of OPEC and oil industry officials January 14. This is up from November's rate of 31.65 million b/d

U.S. Productivity Growth Will Accelerate This Year

added: 15-01-2008

Recession concerns and the credit crunch cloud the U.S. economic outlook for 2008, but U.S. productivity growth will accelerate to 1.7% this year, while Japan's rate will pick up to 1.9%, according to the latest annual productivity report from The Conference Board, the global business research organization.

Economic News Continues to Reflect a Slow Economy

added: 15-01-2008

Last week's highlights: The big stories in the new year include the developing bear markets, frenzy over how much the central bank will lower interest rates, and worry over bad news this upcoming earnings season. Meanwhile, the economic news continues to reflect a slow economy. The concern is that this characterization might remain valid right through mid-year, and possibly longer.

Americans Lack Understanding of Tax Savings

added: 15-01-2008

As Americans gear-up for tax day, many do not know which investments can help them save on their income taxes or defer paying them, according to a new survey by COUNTRY Insurance & Financial Services. More than half say they either do not have a good understanding of these investments (30 percent) or are unsure (21 percent).

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