Wall Street monthly gain of 3% annual gain of 12-20%

Unsurprisingly, this is an upward bias that has emerged on Wall Street Friday after two sessions of marginal decline, followed by a near stabilization Thursday.

The main thing was to end the quarter near the summits: mission accomplished since the annual performance stood at 8.15% for the Dow, 12% for the 'S & P and 21% for the Nasdaq-100 .

The S & P 500 has gleaned 0.37% on Friday and 3.1% in March, the Dow Jones displays 0.5% and +2% over the past month.

For the record, Paris lost 2.2% during the same interval, the Euro-Stoxx 50 -2.1%, a performance differential of around 5% which is fully materialized during the last fortnight.

The Nasdaq Composite (-0.15% on Friday) seems more than ever on another planet with 4.1%, thanks to Apple as that displayed Thursday night 50% since 1 January and 11.5% in a months.
This advance has reduced this Friday with a decline of -1.7% which brings the title just below $ 600 ($ 621 against Wednesday).

Table cyclical in the U.S. has hardly participated in the firmness of U.S. indices: inflation came to 0.3% in February (0.1% excluding energy) and household spending have 'jumped' to + 0.8% while revenues increased only 0.2%.

But Wall Street did not greet these figures that far exceed the levels expected by the consensus that these 'stats' do not reflect any unexpected return of the appetite to consume but the negative impact of rising energy prices (cold snap in mid-February) and fuel (which are breaking records at the pump).

In the U.S., the margin squeeze between stagnant incomes and skyrocketing fuel which results in a severe decline in the savings rate which fell 4.3% to 3.7%: Americans are forced to dip into their reserves to cope with the rising cost of living in early 2012.

Side values, RIM (7.1%) was the main star of the day after the departure of one of its co-founders ... while the group could either transfer activities, either to sell.

Other winners of the Nasdaq values ​​were rather defensive, like Gilead's 2.3%, 1.9% Teva, Broadcom 1.85%, 1.6% Symantec, Microchip 1.3% ,

Many folds in the distribution sector with Best Buy -4.4%, -3.7% Supervalue, Staples -2.1%, -1.9% Sears.
Micron also releases some of -3.8%, -1.7% Apple, Sandisk -1.3%, -1.1% Gogle, Amazon -1%.

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195$ million penalty on TaxMasters in Texas

A Texas jury voted to slap $195 million in civil penalties on Friday against the tax advisory firm TaxMasters and its CEO Patrick Cox, who were accused by the state of defrauding consumers.
TaxMasters, the Houston-based tax consultation firm whose ads had been a TV fixture in recent years, has been ordered along with its founder to pay $195 million on charges that it defrauded customers nationwide.

A jury in Texas' Travis County handed down the verdict in the civil trial Friday, finding that TaxMasters, its predecessor companies, and founder Patrick Cox had committed over 110,000 violations of the state's Deceptive Trade Practices Act.
Houston-based TaxMasters became a household name due to commercials featuring Cox, who promised consumers his firm could walk them through audits, settle tax disputes and recover property seized by the IRS.
The verdict includes $113 million in restitution to the firm’s customers, $81 million in civil penalties and $1 million in attorneys fees, Texas Attorney General Greg Abbott said in a statement today. The jury in Travis County found the Houston- based company and Cox liable for violating the state’s Deceptive Trade Practices Act after an eight-day trial, according to the statement.
It gained more dubious recognition in 2010, when Texas Attorney General Greg Abbott filed a lawsuit saying some of the company's claims were false.

According to Abbott, TaxMasters led consumers to believe it would begin working on a case immediately, when in truth it would delay work until a client's fees were fully paid - even if that meant missing IRS deadlines. The company also hid policy terms, according to Abbott, who reported receiving more than 1,000 customer complaints. TaxMasters also failed to consult with the Internal Revenue Service on behalf of customers and failed to appear at audits and hearings to postpone or stop garnishments and liens, according to the statement. Abbott’s office received 891 consumer complaints against TaxMasters from 2005 to 2012.

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Bankia 6.44 million paid to its top management in 2011

Bankia reciprocated his advisers and members of senior management with EUR 6.44 million for his work as head of the organization during 2011, has informed the National Securities Market Commission (CNMV).

Specifically, the organization led by Rodrigo Rato paid its 18 directors a total of 4.35 million, of which 2.4 million are reciprocated in fixed income and 1.95 million in diets. These directors did not perceive bonus for 2011.

In addition, members of the board of Bankia entity received credits worth 211,000 euros and pension plan contributions for a total of 1.9 million.

Five members of senior management who do not exercise as executive Bankia remunerated with 2.09 million. The perception of these salaries is incompatible with the matrix from the Finance and Savings Bank (BFA) or any of the boxes that form the fusion.

The total amount received by the leadership of the organization headed by Rodrigo Rato includes the remuneration of the Chairman of Bancaja, José Luis Olivas, who resigned as vice president of Bankia last November 21, 2011.

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Business Markets welcomed the start of Balsillie

The market welcomed Friday the breath of fresh air blowing on RIM, including the departure of its founder, but to many analysts the company's future remained uncertain.

Paradoxically, the action of Research in Motion (RIM) gained more than 6.65% stock market in Toronto and New York at 14:30, following the release Thursday of results still disappointing and the announcement of a new change of management group.

For Gregori Volokhine, director of brokerage firm asset management Meeschaert New York, the rebound of the action is explained by the balance of millions of options to sell shares short (short-selling), which resulting in share repurchases.

The movement was caused by the new owner of RIM Thorstein Heins, in office since January and has not ruled Thursday the sale of the group by announcing a "comprehensive review" of its strategy.

"There was a 13.6% stake in RIM, or 60 million shares that were sold short", that is to say that investors, betting on the decline of the title, were indebted to sell shares they had not yet purchased, counting on a future lower prices, said Volokhine.

"So people who are afraid to have discovered that there is an offer on RIM" that makes up the title and that would result in heavy losses if they keep their options short sale, he added.

The increase of Friday did not mean that a renewed confidence on the part of investors in the Canadian manufacturer.

However, analysts were pleased with the tone as the new head of RIM adopted by commenting on the results for them and who, by his frankness, diametrically contrasted with that of the former leadership of company founders.

"He has not only acknowledged that RIM had real problems to solve but it also listed a number of actions to bring about the changes expected as needed by the company", noted the firm's analysts Friday Trefis, while wondering if it was perhaps not too late.

Thorstein Heins said his priority was to refocus RIM on what the group knows best, that is to say the corporate market, and ensure that the new BlackBerry-10 platform, the new phone be launched later this year, becoming the group's hope of salvation.

"The mere fact of having a new platform perceived by others as having the potential may well provide the undertaking luster it needs to be seen as a candidate for a takeover," judged the Deutsche Bank analysts.

But for the site 247wallst.Com analysts, "the new CEO Thorsten Heins will be unable to break the vicious circle for BlackBerry sales. Sales of smartphones are dominated by products under system Android (Google) and Apple products ".

"Even the market on which the BlackBerry is best positioned, that companies and governments, has eroded," the site.

The tone was not optimistic in the Canadian press: "RIM rhyme more with RIP (Ed.: abbreviation for 'rest in peace')," headlined the daily La Presse of Montreal.

For the newspaper, is the inability of the company to "renew themselves or come up with improved products in a market in continuous change which is the foundation of all his problems."

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BlackBerry returns to business market

Research in Motion (RIM), the Canadian company that manufactures the BlackBerry smartphone, go in the future re-focus on its business customers. The company fights to survive and change his strategy. The first three months was a loss of $ 125 million, about 95 million euros, recorded.

In the same period last year the group made a profit of $ 934 million. But the sale of BlackBerry burps backwards: more and more business customers prefer a model with the iPhone or the Android operating system. The sale of BlackBerry declined by 21 percent in the first quarter. It is the fifth consecutive quarter that the revenue declines.

The plane was a few years ago the gadget among businessmen, but has since been largely overtaken by other smartphones like the Apple iPhone. BlackBerry now even drag along a quaint image. Last year there were then also technical problems with the network, the credibility attacked.

The top management resigned in January. Now the company will present a new strategy, which is returned to the roots: the corporate market. The software would be offered to third parties. As a last resort closes CEO Thorsten Heins a sale of the company itself does not matter.

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9th Business plan competition for start-ups

 Here we go again, can now be successful entrepreneurs and young companies to apply GründerCup keel region. We are looking for interesting and viable business plans business concepts that prevail in the future on the market.

The awards worth a total of 23,000 € will be awarded in the categories of start-up and innovation. Whether trade, commerce or industry - the business plan competition is open to entrepreneurs from all industries. Crucial not only good idea is the economics of the business model. An expert panel from among the organizers reviewed and assessed the business plans. After a two-stage selection, the winners at a public awards ceremony will be awarded. In addition, all participants will receive a written feedback on their business plan. This helps you develop the business idea and helps to optimize the business plans.

The prize money to sponsor the funding bank keel and rigging Maracke & Partners. € 5000, the winner of the Innovation category. The winner of the Start Up category will be awarded prizes worth 3,500 €, 2,000 € and 1,000 €. In addition, sponsors of the radio promoters MACH 3 to start up a media campaign winners, each worth 3,000 euros. This includes the production and broadcast of a 30-week seconds spots at R.SH, delta radio or radio NORA.

A consulting service of RQP GmbH in the amount of 2,500 € will be awarded a special prize to a company to handle the special challenges of entrepreneurship has.

The competition area includes the state capital Kiel and Plön and the districts of Rendsburg-Eckernförde. Participation requirement is the foundation from 2007 (Innovation) and 2009 (start up). The coordinators of the start-up competition, the KiWi GmbH of Kiel and the Chamber of Commerce call on all entrepreneurs and young companies, their business plan by 30 Submitted September 2012.

The GründerCup keel region is awarded annually. Supports the coordinators of the event organizers - the guarantee of Schleswig-Holstein, the investment bank of Schleswig-Holstein, Kiel Innovation and Technology Center, the keel region GmbH, the Mid-holding company in Schleswig-Holstein GmbH, the Economic Development Corporation of Rendsburg-Eckernförde the Economic
Promotion Agency Plön.

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4 free business plan ideas and samples

For creating your own business plan, it can be quite useful full, already ready to look at business plans. It is less about the copy, as a support and inspiration that can be recorded in any form their own business idea. Here you will find 4 free examples of a business plan that can help in the formulation and elaboration.1 - This example should be engineers or view founders with a technical background. The founding of the competition offered by the Berlin-Brandenburg Business Plan focuses on the production of semiconductor sensors.2 - A business plan based on the Web. The business plan provides an example of the formation of Internet. Interesting information, the other sides of business.3 - For graphic artists, designers and media designers should be interesting this business plan. The example of the website founders shows the business plan of a start-up company specializing in digital animation.4 - Another pattern of start-up competition Berlin-Brandenburg, which deals with the launch of a mobile and flexible space system.
The 4 free examples of business plans offer a wide range of business ideas and show the differences and priorities in each sector. The documents should give a feel for the language used and to show the intellectual context. Under no circumstances should they be used as a template, rather than source for their own inspiration.
With the initial East Business Plan Guide to get there faster and you get to some important tips that you find in any business plan example or pattern. The costs you can do as a start-up costs for tax purposes. Therefore, you are hardly a risk.I have prepared for you a free report with many links about putting together a business plan. The report contains many useful links to free business plan instructions, templates and downloads.

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