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Daily Digest- Things You Need To Know November 18, 2011 Morning

The sovereign debt situations europe, especially in Spain, Greece and Italy have not been improved, nations has a new government and new austerity programs. It looks like in Greece may be there is no one to collect the Greek Tax Money. Funny!

Citigroup (NYSE: C)- a global diversified financial services holding company, Bank of America (NYSE: BAC)- a financial institution, serving individual consumers, small and middle market businesses, corporations and governments and Morgan Stanley (NYSE: MS)- provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals, could be affected when S&P updates its credit ratings on the world’s 30 largest banks.

Shortly after group buying company Groupon Inc. and Angie’s List Inc., San Francisco-based Yelp! has filed with the U.S. Securities and Exchange Commission for an 2012 initial public offering (IPO) of up to US$100 million.

UBS (NYSE: UBS) a client-focused financial services company that offers a combination of wealth management, asset management and investment banking services will fire thousands at its investment bank.

Pressure on Alcatel-Lucent’s (NYSE: ALU) engaged in mobile, fixed, Internet Protocol (IP) and optics technologies, applications and services CEO increases due to poor performance.

Shares of Liberty Starz (NASDAQ: LSTZA), formerly Liberty CapStarz, Inc., owns interest in a range of media, communications and entertainment businesses, and Liberty Capital (NASDAQ: LCAPA) wich owns interest in a range of media, communications and entertainment businesses, will be combined.

Data shows that’s (NASDAQ: AMZN), a customer-centric company for three primary customer sets: consumers, sellers and enterprises, Kindle Fire has low margins.

Hewlett-Packard Co. (HPQ), is adding activist shareholder Ralph Whitworth to its board to help shore up investor confidence shaken by strategy shifts and slashed sales forecasts. Gamestop (NYSE: GME) cuts its forecasts. Silver Lake Partners is closer to a deal to buy Yahoo! (NASDAQ: YHOO).

Italy’s new prime minister offers a package to turn around the nation’s finances. Organized crime may be involved in the losses at Olympus. Spain’s borrowing costs soar. NYSE Euronext (NYSE: NYX) and Deutsche Boerse will make some concessions to complete their marriage. Home prices in many Chinese cities fall.

Proxy votes for Microsoft (NASDAQ: MSFT), engaged in developing, licensing and supporting a range of software products and services, CEO Steve Ballmer decline and Eastman Kodak (NYSE: EK), engaged in the sale of imaging products, technology, solutions and services to consumers, businesses and professionals, puts its online gallery up for sale.

About the AuthorProfessional

Amarendra is the Chief Executive Officer and Editorial Director at CEOWORLD Magazine, and is responsible for all business management, company operations, finance, and social advertising operations.

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