George Papandreou is the last man standing among the euro-area leaders who needed a handout after Jose Socrates’s defeat in Portuguese elections yesterday.
BusinessWeek.com — Finance
George Papandreou is the last man standing among the euro-area leaders who needed a handout after Jose Socrates’s defeat in Portuguese elections yesterday.
BusinessWeek.com — Finance
European stocks retreated for a third day as Libya cracked down on anti-government protests amid continuing political unrest in the Middle East and North Africa. Asian shares and U.S. index futures tumbled.
BusinessWeek.com — Finance
Middle East shares slumped, sending Dubai’s benchmark stock index down the most this month, on concern political unrest in the region may spread.
BusinessWeek.com — Finance
Saudi Arabian shares retreated for the fifth day on concern political unrest in neighboring countries may hurt the Arab world’s largest economy.
BusinessWeek.com — Finance
GDP = C + I + G + (X − M) GDP equals private consumption + gross investment + government spending + difference between exports and imports. Is consumption growing? hardly. Is investment growing? hardly. Is the government growing. You bet your ass it is. There you have it. These GDP numbers are NOT good news, because government is spending the money it does not have to do things nobody needs (like cash for clunkers or urging people to upgrade to more expensive homes by extending tax credit for home buyers). But you already knew the economy was not getting better. Are we seeing more people who lose their jobs or those who finds jobs? ???
Video Rating: 0 / 5
chicagohumanities.org – See more Chicago Humanities Festival events. It’s rumored the Roman philosopher Seneca once said, Stand back a little further and laugh. This advice might also apply to our present economic situation. In the 2009 Franke Lecture, economist Robert Reich, currently a professor of public policy at the University of California at Berkeley, offers insights as to what levity can be found in tough times. Reich has served in three national administrations, most recently as President Clinton’s Secretary of Labor. He is also the author of many books, including The Work of Nations (1991), The Future of Success (2001), Locked in the Cabinet (1997), and Supercapitalism (2008), and his articles have appeared in The New Yorker, The Atlantic, The New York Times, The Washington Post, and The Wall Street Journal. Reich is a founding editor of The American Prospect magazine, and his weekly commentaries on public radios Marketplace are heard by nearly five million people. This annual lecture recognizes the significant contributions to the Chicago Humanities Festival made by its founder and chairman emeritus Richard J. Franke.
Video Rating: 0 / 5
LJ International (NASDAQ: JADE) 200 Retail Jewelry Stores Strong and Growing in China
{image}
LJ International (NASDAQ: JADE) 200 Retail Jewelry Stores Strong and Growing in China
Free Online Articles Directory
ABAnswers
0 && $ .browser.msie ) {
var ie_version = parseInt($ .browser.version);
if(ie_version
via
Hello
Password
Lost ?
Home Page > Finance > Day Trading > LJ International (NASDAQ: JADE) 200 Retail Jewelry Stores Strong and Growing in China
LJ International (NASDAQ: JADE) 200 Retail Jewelry Stores Strong and Growing in China
Edit Article |
Posted: Oct 22, 2010 |Comments: 0
|
China’s fastest growing jewelry maker LJ International is looking to expand its stores – 60 more of them, in fact. And, according to today’s news that the company secured M in stock offerings and loans from a major institutional investor and bank, they have just about enough to cover the expansion, too.
The stock offering comes from a joint investment from J.P. Morgan Chase and a company called Oasis to purchase new shares of LJ as well as warrants to purchase shares of LJ’s subsidiary ENZO, the retail stores through which the company sells its jewels. J.P. Morgan and Oasis struck the deal up just earlier this month, on October 8th, 2010.
The Industrial and Commercial Bank of China has issued a credit facility worth M with an interest rate of 5% for the working capital needed to expand the ENZO brand. The new stores are expected to be opened throughout 2011.
Once the new stores are opened, LJ will have a total of about 200 ENZO stores in operation throughout China. In what’s arguably becoming the largest economy in the world, LJ is poised to harness substantial growth as the spread between the very wealthy and the growing middle class on China begins to compress. Retail outfits from different industries in China have been reporting growing sales, expansion, and profits in the country this year as GDP rebounds and personal discretionary spending from the Chinese increases.
“The financing package we announce today is a pivotal event in LJI’s execution of its retail-based growth strategy,” said LJ Chairman and CEO Yu Chuan Yih. Like so many other small-cap companies in our indices, the equity and loan combo financing says more about the future of the company than it does about the present. The ICBC institution is one of the largest and most respected banks in China, and the equity investment from J.P. Morgan and Oasis testifies to the continued growth prospects for LJ’s business.
The equity investment from J.P. Morgan and Oasis comes with warrants that if executed, would put the 6M market-cap LJ International at a 0M market-cap valuation. Details of the warrants have not yet been released, but investors are reacting favorably. Shares of LJ are up today $ .32, or about 6.6% to trade at .17 a share a little more than average volume.
LJ International designs, brands, markets, and distributes a full range of jewelry including earrings, necklaces, pendants, rings and bracelets through its ENZO stores. The company is vertically integrated, engaged in mining the jewels and wholesaling to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America, Western Europe, and now, China.
For more information visit
http://www.worldmarketmedia.com/779/section.aspx/2573/post/lj-international-nasdaq-jade-200-retail-jewelry-stores-strong-and-growing-in-china
Retrieved from “http://www.articlesbase.com/day-trading-articles/lj-international-nasdaq-jade-200-retail-jewelry-stores-strong-and-growing-in-china-3527830.html”
(ArticlesBase SC #3527830)
Liked this article? Click here to publish it on your website or blog, it’s free and easy!
Ronald Russo -
About the Author:
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies.
Questions and Answers
Ask our experts your Day Trading related questions here…
Ask
200 Characters left
How many stores does walmart have in china ?
What a some qualities to look for in hiring a retail store manager?
How many retail stores does apple have ?
Rate this Article
1
2
3
4
5
0
Feedback
Re-Publish
Source: http://www.articlesbase.com/day-trading-articles/lj-international-nasdaq-jade-200-retail-jewelry-stores-strong-and-growing-in-china-3527830.html
Article Tags:
enzo, j p morgan, lj international, china, jade, jewelry, wmm nanocap index, world market media
Latest Day Trading Articles
More from Ronald Russo
The 10 habits of highly successful traders
This article explore what it means to get your mindset right, how having the right mindset is often the difference between success and failure, and finally I offer some practical advice to help get you into the right mindset.
By:
Daniel Jacksonl
Finance>
Day Tradingl
Jan 31, 2011
Equity markets lower on Egyptian crisis – Spread Betting Update from City Index
Sean Power, trading expert and Equity Analyst at spread betting provider City Index, takes a look at the financial headlines shaping trader activity on 31st January
By:
cityindexl
Finance>
Day Tradingl
Jan 31, 2011
Sucking : Life Pulled Out Of The Markets
After a wild, huge volume day on Friday, the markets returned to “normal”. The volatility of Friday has been sucked out, volume dry and the drama ancient history. The Middle East and Northern Africa continues to be caught up in riots and protests but the U.S. markets seem to be shrugging it off as key stocks lead the market higher and the Dollar drops. Currently, the SPDR S&P 500 ETF (NYSE:SPY) is trading at 8.25, +0.53 (+0.41%).
By:
Gareth Solowayl
Finance>
Day Tradingl
Jan 31, 2011
An Investor’s Market Update: Stock Charts Bullish
An investor’s update on the stock market, including a note on bullish stock charts.
By:
Michael Lombardil
Finance>
Day Tradingl
Jan 31, 2011
What are typical returns one would expect from different types of mutual funds
There are literally hundreds of thousands of mutual funds available in the market, although only few of them are considered worthwhile by the majority of investors due to its risk return trade off.
By:
Jim Knightl
Finance>
Day Tradingl
Jan 31, 2011
Precious Metals and the Dollar’s Next Big Move Part II
In short, I feel gold and silver are nearing a short term resistance level and will find selling pressure in the coming days only to continue on their journey down for a few weeks. The dollar on the other hand broke out of its falling wedge on Friday and could have a strong rally for 2-3 days. I feel most traders and investors have been shorting the dollar for two weeks straight, so once they realize it’s going higher there will be a ton of short covering and the dollar should rip higher.
By:
Chris Vermeulenl
Finance>
Day Tradingl
Jan 30, 2011
Forex Day Trading – The Biggest Mistake Short Term Traders Make Which Causes Losses
Forex day trading and scalping strategies are very popular because they are seen as a way to trade with low risk and the concept is to make a big profit over time by taking small regular profits – so what is the key mistake made by day traders which causes losses? – let’s find out.
By:
Sonia Kristinal
Finance>
Day Tradingl
Jan 29, 2011
HOW TO MAKE A LIVING DAY TRADING
Revolves around what is needed in order to make day trading a good means of lively hood. Stresses on the importance of knowledge acquisition and experience as a good yard stick for a successful day trader.
By:
Ephraim Archibongl
Finance>
Day Tradingl
Jan 29, 2011
5 Things To Know Before Trading
Stocks were mixed in Asian trade. The Nikkei, Australia and Hang Seng were all fractionally higher while Shanghai fell a quarter percent. European indexes are generally higher on the session with the Footsie higher by more than one percent and the Dax currently up by about three quarters of a percent. US stock futures are up more than a half percent.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Fed Policy: The Path to QE2
The post meeting statement from the August FOMC meeting notified the market that the Fed would be “reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities.”
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Taxmaster (OTCBB: TAXS): Warrior Slayer of Tax Problems
I know you’ve seen this commercial…he has cherub red cheeks, hair, beard and moustache and looks like the Grizzly Adams, Warrior Slayer of IRS tax problems. TaxMasters Inc (OTCBB: TAXS) . God Bless you Patrick!!
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
China Chuangji Cement (OTCBB: CSGJ) Finishes New Facility +16%
China Shuangji Cement has announced today they have completed the installation of their new Zhaoyuan City cement production facility in China, the world’s fastest growing industrial country.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Just How Versatile Is GPS?
Just how many different ways is GPS tracking technology used these days and will this technology soon become ubiquitous?
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Are Prop 19 Polls Telling the Whole Story?
@import url(/common_scripts/css/styles.css);@import url(/templates/wmmcapital/css/styles.css); @import url(/common_scripts/css/styles.css);@import url(/templates/wmmcapital/css/styles.css);
By:
Ronald Russol
>
Brandingl
Nov 02, 2010
What’s Next for ‘The Next Generation of Plastic’?
Plant-based packaging, designed to serve the same function as traditional plastics is being celebrated as a means of substituting petroleum as the central ingredient in creating plastic. Since their debut at the U.N. Copenhagen Climate Conference in 2009, an excess of 2.5 billion of these plant infused bottles have been and continue to be circulated world-wide.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 01, 2010
Proposition 19 Makes Closing Argument
Former Clinton/Gore spokesman Chris Lehane and California Democratic strategist Dan Newman, the advisors of Proposition 19, circulated a memo yesterday evening, presenting their closing arguments for the bill they have helped lead to the ballot.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 01, 2010
Add new Comment
Your :
Your Articles Here
It’s Free and easy
Sign Up Today
Author Navigation
My Home
View/Edit Q&A
Personal
My Home
View/Edit Q&A
Author Box
Ronald Russo has 366 articles online
Contact Author
Subscribe to
Print article
Send to friend
Re-Publish article
Articles Categories
All Categories
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing
Finance
Accounting
Banking
Credit
Currency Trading
Day Trading
Debt Consolidation
Insurance
Investing
Loans
Mortgage
Personal Finance
Real Estate
Taxes
Wealth Building
Need Help?
Site Links
Mobile Version
Webmasters
Business Info
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.
Connecting entrepreneurs with successful CEOs will help existing companies revitalize and expand our economy, says Eric Hippeau
BusinessWeek.com — Small Business
Feed
