Archive | July, 2010
When is the Best Time To Refinance Your Home?
It seems like every time you turn on the television news, read a newspaper, or listen to talk radio someone is talking about how low mortgage interest rates are. They spout about how home owners need to refinance now before the rates skyrocket. This is the lowest interest rates that we will probably see in [...]
Continue reading...Sanyo Completes New Factory for Automotive Li-ion Batteries; Initial Capacity of 1M Cells Per Month
31 July 2010 – 5:16 am PDT
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Sanyo Electric Co., Ltd. has completed its new factory for automotive lithium-ion batteries in its Kasai Plant (Kasai city, Hyogo prefecture, Japan.) The factory will start with a production capacity of 1 million cells per month, with the aim to expand the production scale depending on demand. Sanyo has already been supplying nickel-metal hydride (NiMH) [...]
Continue reading...CSIRO Develops New Technique for Quick Detection of Petroleum Hydrocarbons; More Rapid Response in Cases of Contamination
31 July 2010 – 4:35 am PDT
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CSIRO scientists in Australia have developed a new technique for the rapid on-site detection and quantification of petroleum hydrocarbons (commonly derived from crude oil) in soil, silt, sediment, or rock. Developed in collaboration with waste technology specialist, Ziltek Pty Ltd, the technique enables the quantification of the presence of petroleum hydrocarbons simply by using a [...]
Continue reading...1-for-20 Reverse Stock Split for Advanced Engine Technologies, Developer of OX2 Engine
31 July 2010 – 4:15 am PDT
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The common stock shares of Advanced Engine Technologies, Inc., the developer of the OX2 rotary engine (earlier post), have been reverse split 1-for-20. The announcement was made following the recent approval of the proposed reverse stock split by current shareholders. We believe the reverse stock split will facilitate long term growth and increase shareholder value. [...]
Continue reading...Money To-Do Calendar: August
31 July 2010 – 3:24 am PDT
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The personal finance book Grow Your Money!: 101 Easy Tips to Plan, Save, and Invest ends with a list of what financial steps we should take each month. They list the August steps as follows: Donate furniture and clothing to a worthy charity. Update your files that support the cost basis for your nonretirement account [...]
Continue reading...Weekly Address: President Obama Hails Successes of the Restructuring of the Auto Industry, Calls on GOP Leaders to Stop Blocking Aid for Small Businesses
31 July 2010 – 3:24 am PDT
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WASHINGTON – In this week’s address, President Obama praised the successes of the auto industry restructuring. When his administration decided to invest in the American car companies, some said such a move was bound to fail. But since GM and Chrysler have emerged from bankruptcy, the auto industry has added 55,000 jobs – the strongest [...]
Continue reading...ECRI WLI in Negative Territory 8 Consecutive Weeks, Index Drops to -10.7
31 July 2010 – 2:12 am PDT
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The ECRI’s Weekly Leading Indicators (WLI) has now fallen 8 consecutive weeks and has been below -10 for two consecutive weeks. click on chart for sharper image Given the July bounce in the stock market, the ever-optimistic me expected some sort of anemic bounce in the WLI as well, but that bounce never came. Of [...]
Continue reading...The New Mercedes-Benz Vito E-CELL
31 July 2010 – 1:25 am PDT
Mercedes-Benz has introduced battery-powered version of its new Vito van called the Vito E-CELL that is due to go on sale next year. Mercedes said it will produce 100 Vito E-CELL vans by the end of this year with another 2,000 coming in 2011. The Mercedes Vito E-CELL is powered by a permanent synchronous electric [...]
Continue reading...BMW Considering Thailand as Asian EV Base
31 July 2010 – 12:45 am PDT
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BMW AG is considering making Thailand its Asian manufacturing base for electric vehicles and is seeking tax incentives from the Thai government to do so. Thai Industry Minister Chaiwuti Bannawat, said after a meeting at BMW’s Munich headquarters earlier this week that the automaker is planning to test its Mini E electric vehicle in selected [...]
Continue reading...Top Russian Stocks
30 July 2010 – 11:42 pm PDT
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Russia has a strong growing economy and as a BRIC country, is one of the four horsemen for worldwide investment opportunities, along with the ‘B’ in BRIC, Brazil, the ‘I’ in BRIC, India, and the ‘C’ in BRIC, China. Some interesting facts about Russia: 1. Russia is the largest country in the world by area.2. [...]
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31 July 2010 – 5:24 am PDT
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