Financial Mail articles from June 2011

Financial Mail archives from June 2011

Fuelling food prices.
June 24, 2011... Byline: NAZMEERA MOOLA Fuelling food prices It's been a tough year for clean energy advocates. First the dream of phasing out coal-fired power stations was sunk by the meltdown of the Fukushima plant in Japan. And now surging food prices are...

Quite enough risks to be dealing with.
June 24, 2011... Quite enough risks to be dealing with The meltdown of Bear Stearns, a prestigious, 85-year-old investment bank, was among the first great shocks of the financial crisis. That occurred more than three years ago, in March 2008. This week,...

Treasury's decision will backfire.
June 24, 2011... Treasury's decision will backfire National treasury has stirred up a hornet's nest with its decision to suspend section 45 of the Income Tax Act until December 2012. This section allowed companies to transfer assets within a group of companies...

A Greek tragedy.
June 24, 2011... Byline: BARNEY MTHOMBOTHI A Greek tragedy We live in an unpredictable, almost surreal, world. It can no longer be taken for granted that one can successfully navigate the world or the future on the basis of the memory or the knowledge gained...

Local shops hop.
June 24, 2011... Byline: TEBOGO MOGASHOA Local shops hop The days of retail property development being the preserve and privilege of affluent suburbs are numbered. In fact, any developer who wants to realise real returns has to seriously look into townships...

PHARMACEUTICAL COMPANIES. In good health.
June 24, 2011... Byline: Xolile Bhengu PHARMACEUTICAL COMPANIES In good health Pharmaceutical manufacturers have traditionally been considered a defensive sector like food, there will always be a demand for medicine. It is also potentially a high-growth...

A crack at a new life.
June 24, 2011... Byline: DUNCAN McLEOD A crack at a new life Telkom, SA's fixed-line telecoms operator, must face up to the fact that it has reached an inflection point. It ought to invest tens of billions of rand to take high-speed fibre-optics into millions...

Another Week.
June 24, 2011... Another Week AT HOME China Motor Corp announces it is to build a US$1bn vehicle factory outside Harrismith in the Free State. The ANC states unequivocally that the ANC Youth League's resolutions notably those calling for nationalisation and...

Medical pricing forum needed.
June 24, 2011... Byline: Humphrey Zokufa Medical pricing forum needed In Dalia Goldstone's letter (June 17), Medical aid, not medical egos, the turf wars which she refers to have everything to do with consumers. Medical schemes are stokvels of consumers'...

COMINGS & GOINGS.
June 24, 2011... COMINGS & GOINGS Ayanda Ntsaluba. Discovery Holdings has appointed the former foreign affairs DG as an executive director as well as a director of Discovery Health, Discovery Life and Vitality Healthstyle. He is an obstetrician and...

PROFILE: DUKE CORPORATE EDUCATION. Rank outsider.
June 24, 2011... Byline: David Furlonger PROFILE: DUKE CORPORATE EDUCATION Rank outsider It is consistently ranked among the world's top providers of customised executive education. It has often topped the Business Week global rankings. This year, for the...

MANAGEMENT-SPEAK. At a loss for words.
June 24, 2011... Byline: David Furlonger MANAGEMENT-SPEAK At a loss for words You only have to know two things: money comes in and money goes out FRIK LANDMAN So there you are, in the business school classroom, nervously awaiting your first lecture. You've...

THE TABLES. Niche work if you can get it.
June 24, 2011... THE TABLES Niche work if you can get it It's never been more difficult to meet the needs of business education. Companies are moving away from open-enrolment executive education courses, where managers share the classroom with peers from other...

BUSINESS SCHOOLS. World class.
June 24, 2011... Byline: David Furlonger BUSINESS SCHOOLS World class SA business schools' specialist experience and reputation for practical teaching are attracting interest from around the world. asks: could they be doing more? WHAT IT MEANS. African...

EXPANSION & DEVELOPMENT. Building capacity.
June 24, 2011... Byline: David Furlonger EXPANSION & DEVELOPMENT Building capacity As demand for executive education and specialist education grows, business schools are positioning themselves to take advantage WHAT IT MEANS. Wits, Limpopo need...

PROPERTY SALE TO FOREIGNERS. No need for a big stick.
June 24, 2011... Byline: Stafford Thomas PROPERTY SALE TO FOREIGNERS No need for a big stick Last year Brazil imposed a strict limit on foreign ownership of farmland in a bid to curb aggressive buying by sovereign wealth funds, especially from China and the...

TECHNOLOGY CLOUD COMPUTING. Online on cloud nine.
June 24, 2011... Byline: Larry Claasen TECHNOLOGY CLOUD COMPUTING Online on cloud nine In many ways Apple's announcement earlier this month that it was offering a cloud computing service iCloud is not that groundbreaking. But what Apple CEO Steve Jobs did...

AGRICULTURE EASTERN CAPE. Slim pickings so far.
June 24, 2011... Byline: Shannon Sherry AGRICULTURE EASTERN CAPE Slim pickings so far AsgiSA EC CEO Simphiwe Somdyala is adamant that an ambitious agricultural initiative that has already sunk almost R200m of taxpayers' money should continue. Funding...

MOTOR INDUSTRY. Building confidence.
June 24, 2011... Byline: David Furlonger MOTOR INDUSTRY Building confidence The upgraded Rosslyn will have capacity to build over 80000 cars annually. As now, about 80% of production will be exported BODO DONAUER Carmaker BMW SA says it is on track to halt...

FIRST NATIONAL BANK. Somebody has to pay.
June 24, 2011... Byline: Maarten Mittner FIRST NATIONAL BANK Somebody has to pay First National Bank's top management brush off any suggestion that their recent retail price hikes may raise questions about the bank's commitment to the findings of the banking...

TRANSPORT INVESTMENT. Travelling together.
June 24, 2011... Byline: Razina Munshi TRANSPORT INVESTMENT Travelling together The presence of the cabinet ministers of three key departments at a recent transport investor conference was designed to send a message: that government partnerships with the...

ADVERTISING & MARKETING. Materialism starts young.
June 24, 2011... Byline: Zweli Mokgata ADVERTISING & MARKETING Materialism starts young In spite of high levels of unemployment among the young, spending decisions in SA households are driven largely by this often overlooked sector. According to a 2010...

COMMUNITY ART. Altarpiece on the block.
June 24, 2011... Byline: Carol Paton COMMUNITY ART Altarpiece on the block The beautiful and inspiring Keiskamma altarpiece an artwork of dense embroidery, applique and beadwork by women from Eastern Cape villages in the Keiskamma region is to be auctioned...

QUESTIONS & ANSWERS. Partners in trade.
June 24, 2011... Byline: Maarten Mittner QUESTIONS & ANSWERS Partners in trade The interest of Indian banks in the SA market is growing. The chairman of the State Bank of India, Pratip Chaudhuri, tells why What makes SA a sought-after investment...

WHERE ARE THEY NOW? Netherlands calling. Ian Kantor.
June 24, 2011... Byline: Maarten Mittner WHERE ARE THEY NOW? Netherlands calling The Netherlands has been a favourite hunting ground for former top executives of Investec. Founder member, publicity shy Ian Kantor, has been living in the country since 1984...

LAW CLASS ACTIONS. An injury to one.
June 24, 2011... Byline: Charlotte Mathews LAW CLASS ACTIONS An injury to one Billions of rand are at stake as lawyers start to test the water on class action lawsuits to do with bread-price fixing and silicosis. Class actions, allowing a group of...

COMPETITION AUTHORITIES. Racing with weights.
June 24, 2011... Byline: Stafford Thomas COMPETITION AUTHORITIES Racing with weights SA is not the only country that scrutinises proposed mergers and acquisitions, but it may create precedents that will spook investors WHAT IT MEANS. Employment is a...

POLITICS CAPE TOWN. Difficult delivery.
June 24, 2011... Byline: Carol Paton POLITICS CAPE TOWN Difficult delivery Patricia de Lille, Cape Town's new executive mayor, has a reputation to uphold. As someone who made her name in politics as a champion of the poor, De Lille will have to show, now that...

ELECTRICITY. Gridlock begins to shift.
June 24, 2011... Byline: Lise Pretorius ELECTRICITY Gridlock begins to shift WHAT IT MEANS. Generation to become more competitive. Debate over grid ownership SA's electricity system a historical monopoly now in crisis may finally be on the way to...

POLITICS ZIMBABWE. No silver lining.
June 24, 2011... Byline: Tony Hawkins POLITICS ZIMBABWE No silver lining Arguably even more depressing than the failure of last weekend's Southern African Development Community (SADC) summit to make any meaningful progress in resolving Zimbabwe's political...

101. Silver.
June 24, 2011... Byline: Charlotte Mathews Why the talk of a silver market conspiracy? In the late 1970s the Hunt brothers tried to corner the silver market, which is relatively small, when they borrowed heavily to buy all available stock. This pushed the...

BIOFUELS. Greening the fleet.
June 24, 2011... Byline: Lise Pretorius BIOFUELS Greening the fleet Johannesburg may soon have a new fleet of ethanol-fuelled buses. The continent's only ethanol bus run by Metrobus has been on the roads since before the soccer World Cup a year ago. The plan...

BUSINESS IN AFRICA. Smell the coffee.
June 24, 2011... Byline: Stafford Thomas BUSINESS IN AFRICA Smell the coffee When it comes to coffee shops Dulce Cafe Group believes it has a world-beating recipe. The Port Elizabeth-based franchise firm is about to put its confidence to the test with an...

GIMME. A call to the past.
June 24, 2011... Byline: Matiba Mutheiwana GIMME A call to the past There's a lot we can learn from the past. In fact, most new gadgets are enhancements of older models which obviously got the basics right. When the telephone was invented in the 1870s, the...

BEE SHARE TRADING. Alternative to JSE.
June 24, 2011... Byline: Zweli Mokgata BEE SHARE TRADING Alternative to JSE WHAT IT MEANS. New trading platform for BEE shares. Schemes remove need to pay a broker The JSE might finally be facing some competition. Software development company Singular...

MERCANTILE BANK. Trouble brews.
June 24, 2011... Byline: Maarten Mittner MERCANTILE BANK Trouble brews The troubled Portuguese banking system makes it increasingly unlikely that local Mercantile Bank could count on parental support if necessary. Portuguese state bank Caixa Geral de...

Software piracy in numbers.
June 24, 2011... Byline: Razina Munshi Software piracy in numbers US$59bn is the global value of personal computer software theft in 2010, up 14% from 2009. This figure has doubled in real terms since 2003, says a global survey. $513m is the commercial...

THE PLACE TO BE OR NOT TO BE. Harness that body. BODY SOLID.
June 24, 2011... Byline: Dominique Herman THE PLACE TO BE OR NOT TO BE Harness that body BODY SOLID PERSONAL TRAINING & BIOKINETICS STUDIO Where: Hout Bay, Cape Town. Mood: Relaxed, sweaty If it weren't for the sign on the door, you'd be forgiven for...

QUOTE OF THE WEEK. BUSINESS UNITY SA.(Quotation)
June 24, 2011... Byline: BUSINESS UNITY SA QUOTE OF THE WEEK Both government and business must now show much greater leadership and will to bring certainty to this issue. It is inconsistent to be trying to create partnerships to implement a New Growth Path in...

REAL PEOPLE DOING UNREAL THINGS. Hardy rootstock. Jan Bosman and family. Vine growers.
June 24, 2011... Byline: Hilary Prendini Toffoli REAL PEOPLE DOING UNREAL THINGS Hardy rootstock Jan Bosman and family Vine growers THE UNREALITY CHECK Africa's biggest vine nursery, grafting 8m vines annually. The Wellington area supplies SA with 85% of...

SABMILLER. Tapping in to Nigeria.
June 24, 2011... Byline: Sharda Naidoo SABMILLER Tapping in to Nigeria This week, while SABMiller was making a US$10bn play for Australia's biggest beer brand, Fosters, new developments were brewing in Nigeria. Though Fosters has rejected SABMiller's...

WINNERS & LOSERS.
June 24, 2011... WINNERS & LOSERS WINNER Hakan Buskhe. Aerospace firm Saab's CEO threw new light on alleged corruption in the SA arms deal by admitting R24m was paid by BAE Systems to consultant Fana Hlongwane. LOSER Jim Balsillie. The co-CEO of RIM, the...

This clown's not funny.
June 24, 2011... Byline: Peter Gordon Grant This clown's not funny So our resident comedian has been re-elected for another three-year term. If that is as far as the ANC Youth League can think, heaven help us. Any other person in this country who incites...

Myopic vision of future.
June 24, 2011... Byline: George van der Merwe Myopic vision of future Does he really believe white owners of land will stand aside while he does a Zimbabwe-style land grab? I don't think they will It is with interest that one reads the article about the ANC...

HEALTH. In the departure lounge.
June 24, 2011... Byline: Yvonne Fontyn HEALTH In the departure lounge While business travel may be a sign you are progressing up the corporate ladder, those frequent trips could be killing you. WorldHealth.net reports that people who travel for business at...

A DRAG ON YOUR LIFE.
June 24, 2011... A DRAG ON YOUR LIFE Lung cancer is the number one cancer killer in the US, but a recent survey by that country's National Lung Cancer Partnership and reported by Life Extension online magazine (lef.org) showed that most Americans knew little...

HOTEL. Rough diamond. HILTON WINDHOEK.
June 24, 2011... Byline: Charlotte Mathews HOTEL Rough diamond HILTON WINDHOEK Address: Corner Michael Scott Street & Sam Nujoma Avenue, Windhoek. Tel: +264 61 296-2929. Go to: www.hiltonhotels.com The modest city of Windhoek, Namibia, is shaping up...

FOOD FOR THOUGHT. Mine, all mine. Post.
June 24, 2011... Byline: JUSTICE MALALA FOOD FOR THOUGHT Mine, all mine ****Post. 70 Juta Street, Braamfontein, Johannesburg. Tel: 072-248-2078 ***** Madiba!; **** Excellent; *** Good ; **Jacob Zuma; *Julius Malema I wait, and whistle nonchalantly, for my...

MUSIC. Sound business.
June 24, 2011... Byline: Hilary Prendini Toffoli MUSIC Sound business They're plugged into the electronic dance music culture and earning fat fees all over the world. talks to our young DJ superstars Goldfish's multi-Sama nominees Dominic Peters and David...

RUGBY. Sharks show the way.
June 24, 2011... Byline: David Williams RUGBY Sharks show the way In the fifth minute of the match between the Bulls and the Sharks at Loftus on Saturday evening, there was a sign that all was not well with the home side. Three Bulls forwards were trotting...

THEATRE. The very model of parody. THE PIRATES OF PENZANCE.
June 24, 2011... Byline: Chris Thurman THEATRE The very model of parody THE PIRATES OF PENZANCE Where: At Theatre on the Square, Sandton, until July 9; and at the State Theatre, Pretoria, from July 12 to August 6 Until the mid-1990s, it was common enough to...

9 question for ... Paul Eardley-Taylor, head of energy, utilities & infrastructure at Standard Bank.
June 24, 2011... Byline: Lise Pretorius 9 question for... Paul Eardley-Taylor, head of energy, utilities & infrastructure at Standard Bank, on the oil price Is the current volatility in the oil market greater than usual? Volatility has gone up quite a...

ALTX. Glory days behind it.
June 24, 2011... Byline: Larry Claasen ALTX Glory days behind it The fall in the status of AltX has been staggering. The JSE's junior exchange was investors' favourite child in the boom time of the late 2000s. But the sudden global recession of 2008 tripped...

COLLIERS SA. REAL ESTATE HOLDINGS & DEVELOPMENT.
June 24, 2011... Byline: Joan Muller COLLIERS SA REAL ESTATE HOLDINGS & DEVELOPMENT Price: 54c Yr Feb T/O (Rm) EBT (Rm) EPS (c) DPS (c) Mkt cap: R30,2m 2011 67 -4,51 0,55 PE: 2010 66,4 -19,6 -29,7 Sector PE: t s +1% Despite the housing slump, the group...

Market watch.
June 24, 2011... Byline: Andrew McNulty Market watch Most of the large resources stocks have fallen in recent weeks, as investors have become more concerned about the growth outlook. If nothing else, shares such as Anglo American and BHP Billiton are...

BANKING. Humans vs systems.
June 24, 2011... Byline: Maarten Mittner BANKING Humans vs systems Clients are blamed for bad debt. But are banks' risk systems blameless? WHAT IT MEANS. SA banks still have huge toxic debt. Lending out of sync with risk view Consumers are highly...

Diamond: Sasol. Dog: Alexander Forbes.
June 24, 2011... Byline: Jamie Carr DIAMONDS & DOGS 's picks of the week Diamond Sasol The third-quarter update from Sasol shows a company that seems to be in robust health, getting the basics right in its core business while following the example of many...

VITAL NUMBERS ON JUNE 21 2011.Sasol. Alex Forbes Pref.
June 24, 2011... VITAL NUMBERS ON JUNE 21 2011 Sasol Share price (c) 35000 Market cap (Rbn) 224,89 P:e ratio 12,43 Earnings yield (%) 8,04 Dividend yield (%) 3,09 Alex Forbes Pref Share price (c) 810 Market cap (Rbn) 1,92 P:e ratio Earnings yield (%) Dividend...

HCI. Using capital wisely.
June 24, 2011... Byline: Andrew McNulty HCI Using capital wisely Investors are getting gaming assets and much more on top WHAT IT MEANS. Gaining strength in casinos and hotels. Starting a new chapter in a long tale Copelyn is one of the best capital...

LISTED PROPERTY.Atterbury takes the lead.
June 24, 2011... Byline: Joan Muller LISTED PROPERTY Atterbury takes the lead Hyprop Investments' R9bn acquisition of Attfund's retail arm, effective next month, will not only have positive spin-offs for Hyprop shareholders but will also pave the way for a...

METOREX. Open to foreign suitors.
June 24, 2011... Byline: Charlotte Mathews METOREX Open to foreign suitors Metorex's announcement of a new suitor rumoured to be Jinchuan Group of China pushed the shares up almost 6% to a 2l-year peak of R7,73 last week. The copper company's announcement...

PLATFIELDS. All right for some.
June 24, 2011... Byline: Charlotte Mathews PLATFIELDS All right for some Platfields CEO Bongani Mbindwane's off-market sale of 3,5m of his shares at 45c each last week, while the company's share price was languishing at 8c, is bad news for other shareholders....

SENTULA MINING. GENERAL MINING.
June 24, 2011... Byline: Charlotte Mathews SENTULA MINING GENERAL MINING Price: 255c Yr Mar T/O (Rbn) EBT (Rm) EPS (c) DPS (c) Mkt cap: R1,5bn 2011 2,4 73,9 16,1 PE: 15,84 2010 2,2 275,2 0,6 Sector PE: 10,65 t s +9% -73% +2583% A full turnaround is not yet...

Investor's Notebook.
June 24, 2011... Byline: Stephen Cranston Investor's Notebook It is interesting to see how many lily-white companies take African names. The most Afrikaans businesses I have met over the past couple of years were called Simeka and Kagisano. Yet when a black...

MIX TELEMATICS. BUSINESS SUPPORT SERVICES.
June 24, 2011... Byline: Larry Claasen MIX TELEMATICS BUSINESS SUPPORT SERVICES Price: R1,40 Yr Mar T/O (Rm) EBT (Rm) EPS (c) DPS (c) Mkt cap: R919,8bn 2011 886,6 105,7 11,5 6 PE: 12,39 2010 840,4 92,9 10,1 5 Sector PE: 15,38 t s +5,5% +13,7% +11,8% +20% This...

Class of 2011 must stand up.
June 24, 2011... Byline: Ntuthuko Dumakude Class of 2011 must stand up What has happened to the time when SA's constitution was the envy of the world, with fundamental rights far in advance of most countries, and many freedoms that are enjoyed in few other...

Find ways to train youth.
June 24, 2011... Byline: Jeffrey Sehume Find ways to train youth The article on artisan shortage (Features June 17) is apposite and urgent. I agree with the higher education & training department's brief to address the shortage. This problem is both...

BSI STEEL. STEEL.
June 24, 2011... Byline: Razina Munshi BSI STEEL STEEL Price: 71c Yr Mar T/O (Rbn) EBT (Rm) EPS (c) DPS (c) Mkt cap: R511m 2011 1,85 42,1 5,09 2 PE: 13,92 2010 1,43 32,9 3,66 2 Sector PE: t s +29% +28% +39% An improvement in steel demand and firmer prices...

COAL. Muted demand.
June 24, 2011... COAL Muted demand Global thermal coal prices showed weakness with coal supply and demand fundamentals being fairly lacklustre in recent weeks. Supplies at Richards Bay Terminal are likely to pick up as the past month's maintenance on the rail...

FOOD PRICES. Still high.
June 24, 2011... FOOD PRICES Still high Food prices will remain high over the next decade, according to a joint report by the OECD and the UN. Global farm output is forecast to grow on average 1,7%/year through 2020, compared with 2,6% in the previous decade....

OIL. Soft patch.
June 24, 2011... OIL Soft patch Brent crude prices declined over the past week as demand concerns have taken centre stage once again. Analysts are split over whether the global economy is experiencing a soft patch or a more serious double-dip in the recovery...

Economic Indicators.
June 24, 2011... 4,2 percent Global steel production rose 4,2% y/y in May to 130Mt, according to the World Steel Association. China's steel production rose 7,8% compared to Japan's 7% drop, due to disruptions caused by the recent earthquake and tsunami. 8,3...

Current account.
June 24, 2011... Byline: Razina Munshi Current account Despite the widening of SA's current account deficit to 3,1% of GDP in the first quarter of 2011, economists say there is little to worry about. The deficit widened from a revised 1% shortfall previously,...

MARSHALL MONTEAGLE. INDUSTRIAL SUPPLIES.
June 24, 2011... Byline: Razina Munshi MARSHALL MONTEAGLE INDUSTRIAL SUPPLIES Price: R5,50 6m Mar T/O ($bn) EBT ($m) EPS (c) DPS (c) Mkt cap: R197,2m 2011 104,4 5,4 8 1,5 PE: 6,80 2010 93,6 3,7 5,2 1,5 Sector PE: 15,36 t s +12% +46% +70% Volatile raw material...

TECHNICAL ANALYSIS. Oil prices diverge.
June 24, 2011... Byline: Garth Mackenzie TECHNICAL ANALYSIS Oil prices diverge The spread between Brent crude oil and West Texas intermediary (WTI) has moved sharply out of line over recent months. The two oil products are basically the same, and historically...

Trade requires leadership.
June 24, 2011... Byline: Gavin Lewis Trade requires leadership Your editorial headlined African free trade zone still a dream (June 17) refers. You are right to highlight the enormous untapped potential for SA in an African free trade agreement,...

THE UGLY DUCKLING. PINNACLE TECHNOLOGY.
June 24, 2011... Byline: Larry Claasen THE UGLY DUCKLING PINNACLE TECHNOLOGY 1. Cash positive - 2. Revenue up + 3. Tradability + 4. Dividend paid + 5. Profitable + The broad-ranging technology group's good run is continuing. The addition of Axis Technology in...

JAZZ CD REVIEW. A swing in your skip.
June 24, 2011... Byline: Don Albert JAZZ CD REVIEW A swing in your skip I've just sampled a new label called Skip and I'm impressed. And it's available in SA. Shosholoza is a CD by the SWR Big Band, Themba Mkhize and guests. It contains 12 tracks of all-SA...

ADVERTISING INDEX.
June 24, 2011... Advertiser Page No Altech 31 Altron 39 Anglo American OBC Bowman Gilfillan 109 Bytes Technology 81 Cell C 37 Cliffe Dekker 111 Credit Guarantee 18, 19, 20, & 21 CTP 89 DRA Minerals 59 Ernst & Young 15 & 116 Exxaro 71 Glyn Marais 107...

COMPANIES INDEX. A-Z.
June 24, 2011... A,B,C 1time 77 ARM 92 Absa 23,28,55,74 Adcorp 65 AECI 75 Afrox 75 Altron 80 Amap 83 Amecor 82 Anglo American 23,28,49 Anglo Platinum 48,50 AngloGold Ashanti 49,53 Aon 62 Aquarius Platinum 48,50,52 ArcelorMittal 93 Assore 27,92 Aveng 27,68 Avusa...

SERVICES. ACCOUNTANTS. New useful guidelines.
June 24, 2011... Byline: Judy Gilmour New useful guidelines But determinations and points system are complicated Initial complications with the new Companies Act are to be expected as companies and close corporations (CC) try to work out how to calculate...

SERVICES. ADVERTISING. More work for less moolah.
June 24, 2011... Byline: Matebello Motloung More work for less moolah Online will force agencies to tackle new platforms and be more efficient It's a debate that refuses to die down the future of advertising agencies in the face of digital's growing attack...

SA Giants. ASSET HEAVYWEIGHTS. Same players dominate. But, overall, assets have shrunk.
June 24, 2011... ASSET HEAVYWEIGHTS Same players dominate But, overall, assets have shrunk One of the main problems associated with performing the exercise of ranking companies on the basis of their total assets is that this is based on a snapshot in time, which...

Sectors. Banks. Not a good picture.
June 24, 2011... Byline: Evan Pickworth Not a good picture The roller-coaster ride continues as the recovery takes longer than expected Frustrated bank investors have needed the patience of Job in the past year. And even if they did hold out against seemingly...