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After seven months of considerable deal activity, August 2010 witnessed a lull of sorts in transaction values with just USD 400 million worth of MA deals.

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Timing issue led to lack of deals in Aug: Grant Thornton

Nakoda Limited, one of India’s largest players in the fully drawn yarn segment, has commenced the commercial production in South Korea at a plant acquired through its subsidiary Indo Korean Petrochem Ltd.

Link:
Nakoda commences production in Korea

The Obama administration is, if nothing else, persistent in its efforts to turn around the housing market. The WSJ has the details on the next tilt at windmills which they will roll out on Tuesday: [More...]

Originally posted here:
A New Program To Attack Underwater Mortgages

by Brendan Coffey, editor Cabot Green Investor In my view, Corning (GLW) shares are exceptionally cheap at a mere nine times current year and 2011 earnings.

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Corning (GLW): Gains From Gorilla Glass?

As a follow up to Schwab providing much easier and friendlier access to foreign markets and the sinking feeling that while the cascading down of asset prices is likely behind us (insert nervous smile), the government is still hellbent on trying to fix things despite not knowing what to do I spent a fair bit of time this weekend looking at foreign companies in search of future candidates for client portfolios. [More...]

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Getting More Familiar With Foreign Markets

Since I started publishing Financial Armageddon in late-2006, I’ve often railed against the incompetence and tomfoolery of highly-paid Wall Street “strategists” (note the double quotes). Many of these so-called experts are clueless data-regurgitators or ivory tower economists with above average communications skills.

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I Love The Delusion Of The Markets At This Point In The Cycle

Sep. 7 – The internet search giant Google is planning to launch its TV service in the U.S. this autumn according to Chief Executive Eric Schmidt

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Google reveals TV plans

The immense correlation between the market, and almost all risk assets on Earth is not a new subject to FMMF readers. (Jun 30, 2009: Bloomberg – Correlation Among Asset Classes Highest Ever) I beat this dead horse monthly, mostly out of abject frustration

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Six Of Ten Largest Mutual Funds Currently Sport 0.99 Correlation With S&P 500

Sep. 7 – As European governments look to bring in unpopular spending cuts and tax increases, European Commission President Barroso says Europe’s recovery is gathering pace

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EU’s Barroso says Europe recovering

With interest rates near zero, the Fed must resort to quantitative easing to try to jump?start the economy.

Read more from the original source:
The Limits Of Quantitative Easing