The News Review:
- AIG Investment Could Conflict With Plans for Health Care Reform
- CS Insights Survey Shows Declining Sales Performance in 2008 …
- Thai Central cuts 2009 sales target keeps investing
- WP Carey and Harbert Management Form Self-Storage Joint Venture
- Investing in Crude il: The Best Way to Play il’s Imminent Rebound
- PG&E to Announce Solar Investment?
- Tax breaks could spur business investment
AIG Investment Could Conflict With Plans for Health Care Reform
FXNews -
“If there’s no pre-existing conditions they’ll end up taking people who are sick and they don’t make money that way” Rodberg said. Rodberg whose group advocates a far more drastic health care overhaul than the administration has doubts about how far the White House will go in putting pressure on the insurance industry. But he said investing in AIG creates a disincentive for exposing such companies to more risk. The Wall Street Journal reported Tuesday that AIG is in talks with the administration to ease the terms of its bailout agreement. The article said AIG was planning to report a total loss topping $60 billion for the last quarter and that the company wants to repay some its debt by transferring assets to the government. AIG issued a brief statement saying it has not yet reported its fourth-quarter results and will provide a “complete update” soon. “We continue to work with the U.
Related from Telefenua: John R. Forester Jr. 1/18/09: Health care reform a scam
CS Insights Survey Shows Declining Sales Performance in 2008 …
MSNBC -
9%– The top 20% of sales reps are generating 61. 5% of revenue– 70% of firms report that ramp-up time for new salespeople is sevenmonths or greaterThe report makes the case that investing in improved sales effectivenessneeds to be a top priority in 2009. It states “We do not believe thatsuccess in 2009 will be achieved by making more sales calls. The realobjective is going to be how to make great calls: motivating stakeholdersto meet with you; creating a sense of urgency that moves evaluating yoursolutions to the top of their priority list; differentiating yourself fromthe competition; selling value (so you can avoid discounting); creating acompelling business case to get the project approved now. Accomplishing these goals requires salespeople to be more effective atselling than they were in 2008. The report shows that many sales leadersthink they can cut their way to sales effectiveness by spending less onsales training getting by with fewer sales support staff and avoidinginvestment in technologies to enable sales.
Thai Central cuts 2009 sales target keeps investing
Reuters -
The group would spend at least 19 billion baht a 24percent rise from last year to keep expanding group chairmanSuthichai Chirathivat told reporters. “If the economy is going like this we don’t think ourprevious growth forecast of 15 percent is going to besustained” Suthichai said. “Having said that we’re still going to keep investing andthe amount isn’t going to be less than a year earlier becausemany projects are ongoing from last year” Suthichai said. Last year the group invested 15. 4 billion baht he said. The group owns big department stores through its CentralPattana CPN. BK subsidiary and operates luxury hotels underhotelier Central Plaza CENT.
WP Carey and Harbert Management Form Self-Storage Joint Venture
CNNMoney.com -
Carey’s 35 plusyears of real estate investment experience to the self-storage sector. The Company began investing in net lease properties in 1973 and has beenmanaging the Corporate Property Associates (CPA®) series of distinct realestate investment trusts since 1979. The CPA® investment programsspecialize in acquiring and managing portfolios of triple net leasedassets broadly diversified by geography industry and tenant. “Self-storage is a property sector of particular interest to us. We havebeen looking for the right team with sufficient management expertise tohelp us execute aself-storage strategy” said Alan Fuller Vice President and SeniorManaging Director at Harbert® Management. “By creating a joint venturewith W.
Investing in Crude il: The Best Way to Play il’s Imminent Rebound
Jutia Group MD -
(Full disclosure – I’m so old school I named my first born after the late President. )But here’s the thing. When it comes to investing great political divides matter little. Because it’s not about getting our guy elected or unashamedly pushing a partisan agenda.
PG&E to Announce Solar Investment?
Earth2Tech CA -
Is today the day he’ll give the word? At 11:30 a. (PST) PG&E is having a media event where it will discuss a “major solar energy investment announcement. ” Update: Yep PG&E announced it is investing in solar — for all of the details. The press release says the reason for the media event is:With many renewable power projects delayed PG&E is committed to finding innovative new ways to add more clean energy to our power mix in order to protect the environment and meet our customers? expectations. Sounds like a solar investment plan to me.
Tax breaks could spur business investment
Bizjournals.com NC -
The economic stimulus package extended two tax incentives for business investment through the end of this year. Companies can write off 50 percent of the cost of new equipment immediately instead of following the usual depreciation schedules. Small businesses can expense up to $250000 of new equipment purchases this year. These breaks can be a powerful incentive for business investment especially when combined said Bill Smith director of the national tax office for CBIZ MHM. Smith cites an example of a small business investing $500000 in equipment that normally is depreciated over five years.