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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (28895)	1/31/2008 8:06:19 PM
From: elmatador	Read Replies (2) \| Respond to of 217791

In Dubai at dawn. Flying there. Will report from the ground. From May 06 to now passing with flying colors. Exposed? Carnaval coming. You're dressed properly.

To: Paul Senior who wrote (28895)	3/6/2008 11:45:47 AM
From: elmatador	Respond to of 217791

Galp shares surge on bullish outlook to 2012, reserves prospects 'The North Sea of the South' to refer to the Santos Basin in offshore Brazil, where the company holds small stakes in four exploratory blocks, including the giant Tupi prospect. forbes.com

To: Paul Senior who wrote (28895)	3/10/2008 5:44:26 AM
From: elmatador	Respond to of 217791

Galp to invest 5.3 bln eur in 2008-2012 - report LISBON (Thomson Financial) - Galp Energia SGPS plans to invest 5.3 bln eur in the 2008-2012 period, of which 3.3 bln eur will be spent on projects in Portugal, such as the 1.05 bln eur plan to modernise its oil refineries in Porto and Sines, Diario de Noticias said without citing a source. According to the newspaper, Prime Minister Jose Socrates will be present at the company's presentation of the investment plan this morning and is likely to focus on the 7,300 permanent and temporary jobs the investment plan will create. Alongside the modernisation of the refineries, Galp's investment plans include the construction of a combined cycle natural gas plant at Sines, its wind energy project within the Ventinveste consortium and the investment on second-generation biodiesel units, the paper said. The company plans to invest 508 mln eur in other projects in the refining segment, and 962 mln eur in fuel distribution, including the completion of the acquisition of the Agip station entwork in Iberia, it added. Galp's overseas investment will be focussed on exploration activities in Angola and Brazil. In Brazil, Galp plans to invest 1.5 bln eur in the Tupi field's giant BM-S-11 block in order to accelerate the start of production, the newspaper said. Last week, Galp said said the government has granted it tax relief of about 15 pct on the 1.05 bln eur plan to modernise its oil refineries in Porto and Sines.

To: Paul Senior who wrote (28895)	3/11/2008 2:50:24 PM
From: elmatador	Respond to of 217791

ALERT! charging foreign investors an income tax of 15 percent on purchases of local-currency bonds Brazil Considers Measures to Slow Real's Rally, Valor Reports By Adriana Brasileiro March 11 (Bloomberg) -- The Brazilian government is considering measures such as taxing foreign exchange operations to slow the appreciation of the real, Valor Economico reported, without citing where it obtained the information. President Luiz Inacio Lula da Silva asked his economic team to study options such as charging foreign investors an income tax of 15 percent on purchases of local-currency bonds, Valor said. Foreign investors have had an exemption from that tax since February 2006. Another possibility would be to charge foreign investors a financial transactions tax known as IOF on purchases of local-currency assets, the newspaper reported. The government is also considering allowing exporters to keep dollars from commercial transactions outside of Brazil in foreign bank accounts, Valor said. Exporters are now required to bring to Brazil 70 percent of their foreign currency revenue. The real has strengthened 23 percent against the U.S. dollar in the past 12 months, the largest gain among the 16 most actively traded currencies. To contact the reporter on this story: Adriana Brasileiro in Rio de Janeiro at abrasileiro@bloomberg.net

To: Paul Senior who wrote (28895)	5/20/2008 9:52:27 PM
From: elmatador	Respond to of 217791

HP profits increased 26%. 70% of HP's revenue came from outside the U.S. "We benefited from robust demand in emerging economies," he said. Keep in mind: Next billon Internet connections will come from emerging markets Surge in Laptop Sales Drives HP Results James Niccolai, IDG News Service Science and Technology Find a Review Select Category Cell Phones Desktop PCs Cameras Hard Drives Monitors Notebooks Optical Drives Printers Projectors Tuesday, May 20, 2008 2:40 PM PDT A 31 percent jump in laptop PC sales helped drive Hewlett-Packard's strong quarterly results on Tuesday, although there were signs of growth in all its businesses. Total revenue for the second quarter was US$28.3 billion, up 11 percent from a year earlier. Net income was $2.06 billion, up from $1.78 billion in the same quarter a year ago, the company said. HP announced preliminary financial results last week, when it also revealed plans to buy IT services company Electronic Data Systems for $13.9 billion. It delayed the full results, including details of how the various segments performed, until Tuesday. HP's biggest growth came from its software and services divisions, although they started from a smaller base. Services revenue increased 12 percent from the same quarter last year to $4.6 billion. Software revenue jumped 28 percent to $727 million, HP said. The Personal Systems Group is HP's biggest division. Revenue there grew 16 percent from a year earlier to $10.1 billion, with unit sales up 21 percent, the company said. The growth came almost all from laptop sales, which climbed 31 percent. Desktop PC sales were flat. In a conference call after the results were released, CEO Mark Hurd said the EDS acquisition will allow HP to capture a significantly bigger portion of what businesses spend on IT. "We expect the acquisition to accelerate our reach into key enterprise accounts," he said. "HP is great at engineering and customer support, but we have a coverage problem. We expect the EDS acquisition to double our share of the enterprise wallet and create a platform for opportunities for new business growth," he said. He said the combination of software and services will become increasingly important for HP and the industry. "The alignment of software and services is a really strategic thing for us in the context of automating (business) processes," he said. "EDS is the biggest applications outsourcer in the world, the biggest applications testing company in the world. You'll continue to see more and more alignment of software and services in the evolution of the services industry." Hurd said 70 percent of HP's second-quarter revenue came from outside the U.S. "We benefited from robust demand in emerging economies," he said. The quarter's results were driven by cost savings, additional sales staff that HP has put in the channel and HP's broad product portfolio, Hurd said. In other divisions, HP's Imaging and Printing Group reported revenue of $7.6 billion, up 6 percent from the prior year. Revenue from the Enterprise Storage and Servers division climbed 4 percent to $4.8 billion. Storage revenue climbed 14 percent and revenue from blade servers grew 68 percent, HP said. Revenue from industry standard servers was flat, but revenue from high-end servers grew 21 percent and mid-range server revenue grew 17 percent, HP said. The EDS deal is designed to help HP compete head-on in the global IT services market with IBM, which is currently the leader in services and drives much of its profit from that business. In particular, analysts say, EDS will give HP a much bigger business in IT outsourcing and in the kind of strategic IT consulting services aimed at business executives. As with most big mergers, there will be significant risk involved in combining the companies' operations and defining a joint strategy. The deal has been approved by both companies' boards and is expected to close in the second half of the year.