Friday, December 2, 2011

The Decision Part 1 - Top 7 Eliminations - TheXFactorUSA 2011

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The Decision Part 1 - Top 7 Eliminations.

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Last Night Recap - Top 7 Eliminations - TheXFactorUSA 2011


Uploaded by on Dec 1, 2011
Last Night Recap - Top 7 Eliminations.

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USA - Wendy's Company (NYSE:WEN) Consolidates World Headquarters in Ohio


Uploaded by on Dec 1, 2011
The Wendy's Company (NYSE:WEN) announced plans to join its World Headquarters in Dublin, Ohio. As a result, the company will close its Atlanta Restaurant Support Center operations in late 2012 and move at least 170 positions to Ohio.

Over the past three years, Wendy's has operated restaurant support centers in both Dublin and Atlanta. Combined, the headquarters move and the consolidation will result in about 220 new jobs at the Dublin Restaurant Support Center.

Wendy's now plans to invest extra capital to expand its corporate offices and meeting space in Dublin to accommodate positions currently based in Atlanta.

Wendy's President and Chief Executive Officer Emil Brolick said, "While this was a difficult decision considering the excellent employees we have in Atlanta, I believe it is important to bring our entire restaurant support center together in one location. This action will help us strengthen collaboration and teamwork as we grow our iconic brand."

Wendy's/Arby's Group (NYSE:WEN) has potential upside of 19.7% based on a current price of $5.01 and an average consensus analyst price target of $6

Croatia - European Parliament backs their membership


Published on Dec 1, 2011 by
http://www.euronews.net/ The European Parliament has approved Croatia's entry to the EU, ahead of the formal signing of an accession treaty next week. Representatives of the Croation parliament took the plaudits on behalf of their country for the reforms it implemented to join the bloc.

"Austrian MEP Hannes Swoboda said: "First of all, they (Croatians) contribute with a strong a full cooperation with the international criminal tribunal in the Hague, concerning war crimes. Secondly they did a lot war crimes trials also inside the country, not yet finished but they did it."

USA - President Obama: 6 million to get AIDS treatment

Uploaded by on Dec 1, 2011
At a World AIDS Day event Barack Obama vowed to boost US efforts to fight AIDS by providing treatment to 6 million people worldwide.

Myanmar - Hilary Clinton offers Burma end to isolation with historic meeting


Uploaded by on Dec 1, 2011
The US Secretary of State meets Burma's President Thein Sein and pro-democracy leader Aung San Suu Kyi in the first US visit for 50 years.

Thursday, December 1, 2011

Spanish/French bonds find favour in auction but Slowdown in euro zone factories speeds up

Published on Dec 1, 2011 by
http://www.euronews.net/ The first test of investor confidence since combined action by six central banks saw Spain selling nearly four billion euros of bonds.

But Spain had to offer the highest rate of return since 2005 to borrow for five years.

France too decided to sell 4.3 billion euros of debt but the cost of borrowing over ten years was 3.18 per cent - less than in early November.

Analysts said the central bank action helped produce 'pretty good' results.
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Slowdown in euro zone factories speeds up

Published on Dec 1, 2011 by
http://www.euronews.net/ Manufacturing in the euro zone contracted at its fastest pace for two years last month.

The latest survey showed factories were forced to cut their workforces as a result of the downturn helping to push unemployment in the bloc as a whole to 10.3 per cent.

Earlier data showed factories in the powerhouse economies of Germany and France slowed at a rate not seen for more than two years, with contraction in Spain and Italy too.
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ECB's Draghi warns of increasing downside risks

Published on Dec 1, 2011 by
http://www.euronews.net/ The new head of the European Central Bank has warned the European Parliament that risks threatening the economic outlook have increased.

Mario Draghi was speaking as various euro zone countries had been finding it increasingly difficult to borrow money by selling bonds.

The ECB has been buying bonds, but Draghi warned it cannot continue that forever.