Archive for November, 2008

Industrial Water and Wastewater Treatment: Brazil is One of the Fastest Growing Markets

Frost & Sullivan to Host Quarterly Analyst Briefing on Industrial Water and Wastewater Treatment Market on Thursday, 4 December 2008
The Brazilian Industrial Water & Wastewater Treatment market is by far one of the most dynamic and the fastest growing regional markets. The rapid industrial growth has fuelled demand for high purity water and [...]

Homeowner Survey Says Countrywide is the Worst Mortgage Servicer in America

In the current mortgage and foreclosure crisis, the data and feedback from actual homeowners in regards to outreach and customer service by mortgage servicers during the loan workout process is crucial. Improving communication, customer support and timely resolutions for struggling borrowers are critical components to easing the foreclosure crisis.
This independent study of non-incentivized homeowners clearly [...]

Construction Pricing Pressure Eases

Fourth Quarter Turner Building Cost Index Forecast Remains Unchanged from Previous Quarter
Turner Construction Company, the nation’s leading general builder, today announced that the Fourth Quarter 2008 Turner Building Cost Index, which projects domestic commercial building construction costs, remains unchanged from the Third Quarter 2008. The Index number remains at 919 for the Fourth Quarter [...]

Existing-Home Sales Soften on Economic Volatility

Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors(R).
Existing-home sales — including single-family, townhomes, condominiums and co-ops — fell 3.1 percent to a seasonally adjusted annual rate(1) of 4.98 million units in October from a downwardly revised [...]

New Mumbai China Sourcing Fairs attract 13,635 visitors

More than 13,600 importers, retailers, wholesalers, distributors and other volume buyers attended the first annual China Sourcing Fair events in Mumbai Nov. 14-16, 2008. The Fairs were managed by Pico Event Management, under license from Global Sources.
The three-day, co-located events China Sourcing Fair: Electronics & Components and China Sourcing Fair: Hardware & Building Materials featured [...]

Bold Package Urged to Stave Off Rise in Unemployment

An immediate package of measures – centred on a comprehensive programme to boost bank lending, a one-off tax credit targeted at the poor, higher benefit payments to stimulate demand, a public works programme, and an incentive scheme for employers to put workers on shorter hours rather than make them redundant – is needed to stave [...]

Economic Slowdown Hits GPON Market, Report Finds

A drop in new home construction and delays in FTTH deployment will hinder GPON revenues, but the market will continue to grow, says Light Reading Insider
A slowdown in new housing construction and delays in deployment of fiber to the home (FTTH) will adversely affect Gigabit passive optical networking (GPON) product revenues over the next [...]

Fannie Mae to Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented

In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 [...]

Walmart Stores to Provide 70 Million Meals per Year to Families in Need

Wal-Mart Foundation Also Donates $2.5 Million to Purchase New Trucks and Help Feeding America Food Banks Improve Warehouse Capacity
With the Thanksgiving season upon us, Walmart today announced that its Supercenters and Neighborhood Markets will partner with Feeding America, the nation’s largest charitable hunger-relief organization, to provide an estimated 90 million pounds of food annually [...]

Optimism in U.S. and World Economies Fall to New 16-Year Low Among CEOs of Fastest-Growing Private Companies

International Marketers Outpace Domestic Counterparts, Yet Concerns over Profitability, Cash Flow Rise for Domestic and International Companies
PricewaterhouseCoopers’ Trendsetter Barometer tracks the business issues and standard industry practices of privately-held U.S. growth businesses. It incorporates the views of 245 CEOs: 113 from companies in the product sector and 132 in the service sector, averaging $72.2 million [...]