GM stock price update

Previous Close 0.61 Bid NA
Open 0.61 Bid Size NA
Day’s High 0.70 Ask NA
Day’s Low 0.53 Ask Size NA
Volume 65.82 Mil 52 Week High 18.18
Avg. Daily Vol. (13 wk.) 62.66 Mil 52 Week Low 1.00

Moody’s Reaction to US Downgrade

In his first comments after the move by rival rating agency S&P, Moody’s analyst Steven Hess sounded a note of caution about Moody’s rating of the US, repeating that the August 2 plan to cut deficits by $2.1 trillion was positive for the US credit standing, but not enough to keep its rating on a stable outlook.

He was quoted as saying in Reuters interview as “”If the process for further deficit reduction that is included in the budget control act produces results that are not really credible, that combined with the economic performance could potentially cause an early move on the rating,”

Magic Touch Behind iPad

For months, Mac-bugs and tech junkies have been anxiously awaiting Saturday’s launch of Apple’s(AAPL) highly anticipated iPad.
Apple shareholders and developers are relying on this new tablet computer to usher in the next big advancement in personal computing.

Steve Jobs initially unveiled the iPad at an Apple event in late January. Using the words “extraordinary” and “magical” to describe the product, he demonstrated the touch screen tablet’s capabilities to a crowd of adoring fans, many of whom may already be standing outside of Apple Stores hoping to be the first to own one.

5 tips for better public relations

1. Know your market. The more specific you can get about which community should use your product, the easier it will be to identify which media you need to work with. If you could get a slice of your target market the better for you.

2. Identify the product benefits relevant to your market. Features aren’t as important as what your product does for your potential clientele. Remember, at this stage you’re trying to sell your product or service to the media so your story will get published. In the end it all comes down to the product or the service you offer.

3. Establish your product as unique. Even a slight edge from the competitor will go a long way. It’s important to be able to prove your product is “x-times” faster, better, cleaner or more cost-effective than your competitors’ product or industry standard.

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Finance Jobs in the news

LONDON—The credit crunch will cost London 62,000 financial jobs or finance related jobs in 2008 and 2009, wiping out the hiring gains of the past decade, a British economics consultancy group said in a report on Monday.

The number of professionals in London’s financial industry — Europe’s biggest — will drop by 28,000 this year from the 2007 level and a further 34,000 jobs will go next year, said the Centre for Economics and Business Research (CEBR).
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