Market Digest

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Database and Application Technology to be Migrated Include ADABAS/Natural, VSAM/COBOL, JCL, Assembler, CLIST, SuperWylbur, PL/I, CA Easytrieve and SAS to a Java/Oracle Environment
Project Estimated at [...]

On July 17, in cities from New York to Bangalore to Paris, SEIU members will be joined by activists from 25 countries to take aim at the special perks and tax loopholes that buyout firms depend on to make billions. Activists will hold demonstrations worldwide at Kohlberg, Kravis, Roberts & Co. (KKR) headquarters, portfolio companies [...]

Several Airlines Likely to Fail; Affordable, Frequent Air Travel and Jobs at Risk
At current oil prices, several large and small U.S. airlines will default on their obligations to creditors beginning at the end of 2008 and early 2009, according to a study issued today by AirlineForecasts, LLC and the Business Travel Coalition. The study shows [...]

Global Manpower Employment Outlook Survey Reveals Weaker Job Prospects for the Majority of World Labor Markets Compared to One Year Ago
Quarter-over-quarter data suggests hiring outlooks may be stabilizing, especially in Europe
Employers in most of the world’s major labor markets are less optimistic about hiring in the third quarter, saying they will add fewer employees [...]

Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers. At the same time, a greater number of areas are showing sales gains from a year ago and a recent reversal in mortgage policy means the market is better positioned for a turnaround, according to [...]

Index Monitors Most Popular Lease Vehicles in America
LeaseTrader.com, the company that helps consumers with car lease transfers, announces its monthly Index for April, with the BMW 3 Series again reaching the top of the list of America’s most preferred leased vehicle.
“Similar to years past, as we head into the summer months we always see a [...]

Many Cutting Spending and Paying Down Debt
Sixty-eight percent of America’s adults believe the United States is heading toward a recession, and slightly more than half (53 percent) are cutting their spending and paying down debt as a result, according to a survey by American Institute of Certified Public Accountants.
Americans’ most pressing financial concerns, according to [...]