Unstructured Finance

Not your father’s soda machine

March 31, 2009

cokeCoca-Cola is trying out high-tech, flat-screen vending machines.

The new machines, which feature a touch screen, will be tested this spring in select Simon malls in the southeastern U.S. 

Sensex bounces back, closes 1.47 pct higher

March 31, 2009

MARKETS-SOUTHASIA-STOCKS/After a sharp drop yesterday, the Sensex managed to climb 1.47 percent, helped by strong Asian markets.

Do you know where you’re going to?

March 31, 2009

It is still a moot point whether institutional investors are putting more money into hedge funds or taking money out.

The Value of Experience

March 31, 2009

BRITAIN/(Corrected – Bank of America did not purchase Countrywide early this decade)

Now that the nation’s top public servant is wielding The Donald-like powers over chief executives of bailed-out companies, expectations are high that more heads will roll, and Bank of America CEO Kenneth Lewis is looking like the next contestant on a new economic prime-time drama: The Executive.

Check Out Line: Get ready for another going-out-of-business sale

March 31, 2009

gott1Check out the latest liquidation sale in the retail world.

U.S. regional department store chain Gottschalks will be liquidated after it failed to attract a buyer willing to operate the company as a going concern, the creditors’ committee said.  Going-out-of-business sales at the company’s 58 department stores and three specialty apparel stores in six western states are expected to begin around April 3.

Soft drink sales fizzle

March 30, 2009

Are you drinking fewer soft drinks these days?  It appears many Americans are, with the volume of carbonateUSA/d soft drinks sold in the United States down 3 percent in 2008, according to Beverage Digest.

Sensex ends 4.8 pct lower; below 10,000

March 30, 2009

INDIA-BUDGETThe Sensex started the week on a negative note, closing 4.8 percent lower after a 12 percent rally last week.

Best of British

March 30, 2009

There has been no shortage of calls from continental European leaders such as Angela Merkel and Nicolas Sarkozy for regulation of the hedge fund industry to limit potential systemic risks to the global financial system.

South American LNG Terminals

March 30, 2009

View Larger Map

The above map shows South America’s LNG import terminals ahead of the coming Southern Hemisphere winter, including Chile’s Quintero terminal, which is expected online in June. (Click on individual terminals for details)

Fund details under lock and key at Blackstone

March 30, 2009

BANGLADESH/No surprise that private equity firms (even the publicly-traded ones) are reluctant to disclose the individual performance of their funds, particularly in a down market.