POTENTIAL BUYOUT DEAL…. SAMSUNG TALKS TO BLACKBERRY… MAJOR MOVES….

blackberry vs Samsung

BY: ECONOMIC & FINANCE REPORT

Potential gossip talks, suggest that Samsung is eyeing Blackberry for 7-8 billion dollar buyout. Executives from both sides met last week about this latest mobile technology acquisition.

Executives from Blackberry believe though for the deal to actually go through the # over $7 billion has to be initiated… Blackberry believes the company’s value is way more then the $7 billion dollars offered by any company, and they have turned down many deals within that price range as well.

The deal could come under scrutiny from investors, shareholders, and US regulators alike… Blackberry investors and shareholders deem the deal to be unreasonably too low an offer as indicated, and regulators would deem the deal doomed because Samsung does not have majority control as far as price shares in the company. So there are philosophical differences on all sides.

Though, we do not know all details of such a merger between both companies, and if it would even pan out, Samsung and Blackberry have engaged in a security pact between each other, which originated this past November. The security partnership aligns Blackberry’s security platform with Samsung’s security software…

-SB

TRANSFERING OF PERSONAL WEALTH DOWN FAMILY LINEAGES… WILL SOON GET WEALTHIER….

money

By: Economic & Finance Report

It has been been indicated that wealthy individual will be passing down their wealth to their respective family members within the next decade… The transfer of wealth to family members is nothing new, but the extent that it will be expanded is new.

Within the next few decades, transferring of wealth will be undeniable. Analyst estimate some 6-8 trillion dollars will be inherited by the younger generation at some point…. 

Now that’s not cheap by any means…

-SB

NIGERIA’S SEC CHIEF EXITS AFTER 5 YEARS ON THE JOB!!!!!!!

Arunma Oteh 2

BY: ECONOMIC  & FINANCE REPORT

 The head of Nigeria’s Securities and Exchange Commission Aruma Oteh has vacated her post after one full term. Ms. Oteh first came into the post during former President Umaru Yar’adua’s tenure in January 2010.

Ms. Oteh’s was  widely seen and hailed as a reformer, wanting to make Nigeria’s financial markets first class in Africa and the rest of the world. Her initiatives led to newer and up to date regulated (NSE) Nigerian Stock Exchange rules, that allowed fair accountability and competitiveness been businesses and financial trading.

-SB

INDIA’S PRIME MINISTER PROMOTES ECONOMIC REFORM & INVESTMENT

 

India economy picBy: Economic & Finance Report

The Prime Minister of India Narendra Modi, has indicated there will be many more economic reforms and more investment in India, under his leadership. Speaking at an investment summit in India, which was attended by various world leaders, Prime Minister Modi indicated that his government has put in place economic reforms and investment initiatives to make India a global leader and more business orientated player.

He indicated that several reforms had been implemented and these reforms had been working substantially within the last several months, since his administration had taken power. Mr. Modi also indicated that his government was also taking more necessary steps to rejuvenate India diverse economy….

-SB

PORTFOLIO & FUND MANAGERS TAKE RISK…. TO PROFIT…..

 

portfolio manager pic

By: ECONOMIC & FINANCE REPORT

Various fund and portfolio managers have to take risk to get ahead in this ever growing investing markets, especially as the new year begins in 2015.  There are a few research studies floating about; that indicate that portfolio managers, fund managers, asset allocation managers and other finance managers, lag way behind the money markets when certain investment initiatives are not in place. Overall their records perform unusually low without taking the necessary risk  to attain net profit gains.

Managers that do not take the necessary risks in diversifying their portfolios to allocate the funds in various risk allocations, lose the incentives to attain profit, then allowing them to underperform in other aspects of their trading accounts and portfolios. At the end of it all, instituting monitored risk or calculated risk is more appropriate in establishing decent results for clients portfolios.

-SB

 

IN THE NEXT 10 YEARS CHINA DECLARES TO INVEST $250 BILLION IN LATIN AMERICA!!!!

 

China-Latin America

BY: Economic & Finance Report

China has just pledged to invest $250 billion in Latin America, keying  in on infrastructure, energy and in natural resources. China recently held a two day summit inviting 33 Latin American countries to discuss economic and financial bilateral relations with the far east and the Americas.

China has been interested in the region for decades to date, focusing on the natural and organic resources that Central and South America has to offer. Obviously; China being a major player is positioning themselves to compete in the region against the United States. This bilateral deal between all parties allows China’s presence  to be known in the region, but as far as the lasting impact that will occur; only time will tell for sure.

-SB

MERCEDEZ BENZ US HEADQUARTERS IS RELOCATING… TO ATLANTA…

 

mercedez benz

By: Economic & Finance Report

 Luxury  car maker Daimler AG (Mercedes Benz) is relocating down to Atlanta. The US  headquarters in New Jersey will no more be in existence.

Executives and management indicated that the shift was provided because of lower costs, the tax breaks they would receive and the close proximity to their southern car plants which is located in the state of Alabama. 

The shifting of personnel is expected to occur in July 2015, which  will include 1,000 personnel movint to the suburbs of Atlanta.  Executives @ Daimler AG also indicated that the relocation made sense because of the dynamic presence of the south currently and the infrastructure renovation that Atlanta has be going through in the last few years, made the decision much easier to relocate US operations down south

-SB

JORDAN STOPS A $15 BILLION DOLLAR DEAL FOR ISRAEL GAS SUPPLY

 

oil drilling

BY ECONOMIC & FINANCE REPORT

The Jordanian kingdom has stopped a business deal worth approx $15 billion dollars for Israel’s oil and gas supply, reported by the Jordanian  Ministry of Energy and Mineral Resources.

Instead the Jordanian govt has stated that it will sign  a mega gas/oil production deal with BG Group PLC, which is located outside the Gaza strip. The previous deal which has now been suspended; was with giant Israel based oil and gas company, Noble Energy (NBL). The deal was supposedly worth north of $15 billion dollars.

Jordan is doing this deal with tje BG Group PLC because of the halting of the gas/oil pipeline in Egypt, which affects the region especially Jordan directly. There has been constant pipeline bombings in Sinai, Egypt disrupting the production and output in the region.

-SB

 

AS THE NEW YEAR 2015 BEGINS…. ENERGY STOCKS MAY CONTINUE EROSION….

By: Economic & Finance ReportENERGY PIC

As the new year begins in 2015 many energy investors are seeking to seethe, especially wondering if the energy stock sector will improve??? It has been a tumultuous roller coaster for  energy stocks in particular. The price of oil increasingly declining brought about low production of oil and energy resources in 2014. Will it differ in 2015???

Insiders believe bigger energy/production companies will  be over leveraged, thus taking out the smaller players (energy/oil companies), also bringing about more partnerships and alliances; along with more mergers and acquisitions definitely could be in play for 2015. The lack of gains in the sector has affected smaller companies already and bigger energy companies also. 

-SB

THE SUPER TAXING ON MILLIONAIRES HAS BEEN DROPPED BY FRANCE (NEW YEAR DAY EDITION 2015)

 

French tax By: Economic & Finance Report

The super taxation by French government to tax wealthy millionaires has been dissolved or let go recently. France has dropped the tax indefinitely. The tax was levied  on having millionaires who were living in France (citizens/nationals) had to pay substantially high tax rates, something of upward of 70%-75% on the current tax rates.

The tax was already rejected by the French Supreme Court and it was having major hurdling blocks already, since France is already going through its own economic crisis. The tax had taken a more drastic effect on an already volatile economy.

The increased tax rate already being substantiated by a minority population in France; it still was being rebuked by the majority of the population. Many protests had occured by citizens and people alike, in which they were displeased with the tax. The indicator was that the  tax  was hurting an already digress economy and not only this, the tax was heavil hurting more businesses not to hire people, and affecting an already growing unemployment figure within the country.

-SB