Lenovo and IBMBy:Cm_aLenovo china’s first capitalist enter prices has 35% more pc than other brands. It has right to use IBM brand name for the next five years.
Saudi Arabia
Oil export in 2005- 150 billion.
Pipe lines – 467 km pipelines for water
Investment requirements$123 billion required for expansion of power generation.
600, 000 new homes to be developed.
$ 93 billion for potability of water required
$ 6 billion required for housing
$ 5 billion required for hospitals
$ 2 billion required for education
4 3 billion required for a link road to connect with Egypt
Economy of world
Auto production exceeded sales
Demand for construction material fallen
Order for capital material dipped
10.2% decline in demand for computers and other electronic products.
Unemployment in the construction is likely.
Volvo commands more trust while Toyota and Honda runner-ups.
Indian Economy still sniffsAging oil fields- 13% reduction in production
American sanction
Oil contracts are more diplomacy than profit
Increasing domestic consumption
Gulf region produces 11.2 million tons. Of oil in 2005
Demand for steel increases in India
Corporate Stock price Appreciation
Citi bank- 10%
Bank of America – 32%
JP Morgan- 37%
Market Cap.-
Citi Bank- $ 262 billion
Bank of America -$ 237.5 billion
JP Morgan- $ 174.8 billion
Revenue in 2006
Citi bank - $ 146.5 billion
Bank of America - $ 116.13
JP Morgan – $ 99.4 billion
Problems in Citi bank
In 2004 Ceo promised revenue growth-but it didn’t happened
1999-20004 – revenue growth was $ 22 billion and expenditure was $ 8 billion
In 2005 earning dropped by 8.7%.
Ceo promised 1 Billion investments later he cut it down by half.
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Posted by International Market Watch/Business Magazine to International Market Watch/Business Magazine( A Cm_a Venture) at 3/13/2007 01:06:00 AM