One Upside To The Sluggish Economy: Cheap Wine

One Upside To The Sluggish Economy: Cheap Wine:

* Volume seen rising 3.5 pct to 4 pct this year
* Company launching new-flavored Svedka vodka
* Shares down 2.6 pct, market down 1.2 pct (Adds quotes, background, bullet points)
By Martinne Geller
NEW YORK, May 4 (Reuters) - The U.S. economy remains too delicate for Constellation Brands Inc to lead any attempt to raise wine prices, even as a smaller harvest is expected to make grapes more expensive, a senior executive said on Friday.
As a result, the world's largest maker of branded wine, with names like Robert Mondavi and Ravenswood, does not expect to raise prices this year -- unless other producers do so first.
"We're not going to lead the charge," said Constellation Brands Chief Financial Officer Bob Ryder in an interview.
Ryder said Constellation was paying close attention to what competitors were doing about prices, but said that as of yet, it was hard to see any big price increases this year. That could squeeze margins for the whole industry.
The latest evidence of how fragile the U.S. economic recovery is came Friday when the April employment report showed that the pace of hiring slowed.
Still, Ryder said consumers could see fewer discounts or promotions on wines as producers seek to offset expected increases in grape prices due to the smaller harvest.
While Constellation owns some vineyards, particularly in California's Napa and Sonoma regions, the vast majority of the wine it makes comes from purchased grapes.
Wine volume for the industry should grow about 3.5 percent to 4 percent this year, and Constellation expects to keep up that pace, Ryder said. He added though that more expensive wines are selling more swiftly than cheaper bottles.
Silicon Valley Bank, a banker to the wine industry, said last month that it expected vintners to raise prices as the supply of grapes declines.
Constellation last month forecast earnings for the fiscal year that were below Wall Street estimates as it spends more to market new products.
As opposed to growing primarily through acquisitions, as Constellation had done in the past, Ryder said the upstate New York-based company was now focusing inward on driving its own profitable growth organically.
In addition to new wines like Simply Naked and Primal Roots, Constellation is launching more flavors of its Svedka vodka, Ryder said.
Constellation shares were down 58 cents, or 2.6 percent, at $21.13 in morning trade on the New York Stock Exchange, slightly underperforming the wider market, which was down 1.2 percent. (Editing by Gerald E. McCormick and Leslie Gevirtz)

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While Student Debtors Suffer

Ace News Desk,

 ,,

When it comes to spending other peoples' money, student loan executives have put in enough credit hours to earn a PhD.D. While college students were busy becoming tomorrow's doctors and lawyers, these predatory execs were learning the art of falconry and studying their 4,000 gallon shark tanks. These and other extravagant expenses are being funded from the pockets of today's college students, a new release from consumer advocacy site CreditCardAssist.com reveals.

Currently, the total student loan debt is sitting just atop $1 trillion, with numbers only expected to grow. These loans are, for the most part, unregulated – people who don't even qualify for a credit card are able to take out loans in excess of $100,000. “This is legalised entrapment,” says CreditCardAssist.com founder Bill Hazelton. “These lenders are fleecing a bunch of students who don’t know any better and couldn’t do anything about it even if they did. Something needs to change, and soon.”

Please email me at my blog at idadamchristian.newsandviews@blogger.com and let me know your news and views and l will publish it on my blog network need to view my profile at https://profiles.google.com/102638977070610790243/about?hl=en 

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Are Shares As Good As They Look?

These sort of statistics are beginning to put the world in financial jeopardy and people seem to continue to ignore signs of the times. These types of comments are ignored in favour of doing a deal, selling shares or products off the back of other peoples debt misery. A typical comment maybe as follows with a heading starting
The grim signal that Apple just delivered to the markets  - just to alarm the market and get interested parties to read more or investigate what it means. Next we reel in the [mug] sorry investor and this has to really get their interest like this - For much of the last 20 years, the prize for the biggest business on the globe has alternated between Microsoft, Exxon Mobil and General Electric. But now one company towers over everyone else – Apple. 
Having hooked the [Fish] they follow up with - Then we read that Apple is going to release some of its amazing $100bn cash pile back to investors. The first dividend in 17 years. What should we read into that? (I’ll tell you in a second).
WAIT WAIT - we are now about to tell you a real FACT to make sure you do not wriggle off the hook they have you on, here it is -
After a remarkably eventful week, Apple then suffered its very own ‘flash-crash’ as shares dropped nearly 10% within minutes and forced a halt in trading.
By now you are staggering at the fact that a company so big can suddenly have such a problem, but wait for it the SALES PATTER STARTS like this - To me, the most important of the three stories is the one that was given least coverage. And that is the mini-crash. Today I want to tell you why I think this is so important and what it could mean for the market at large.

Time to put you in the keep net with - 

There’s no doubt about it. Apple has become a money printing machine. The figures are just mind-boggling. According to The Economist, sales in the last quarter were almost double those the previous year. And forecasts suggest that sales for 2013 will be nearly triple 2010’s figures.

But we need a CLOSER AND HERE IT IS - No wonder the stock has been flying!

FOLLOWED BY-

There’s so much money coming in the door that management literally doesn't know what to do with it all. And that’s why, last week it announced not only a dividend, but also a $10bn share buyback (where the firm buys back its own stock in the market).

Some investors are saying that this shows Apple has reached the end of the road... that’s why it's handing back money to investors – it's got nowhere to invest it! The cynics also point out that management has a nasty habit of initiating share buybacks right at the top of the market. Surely, they say, now the only way for Apple is down.

FINALLY- 

But I’m not so sure. In reality, the dividend is small, they’re giving shareholders back around $30bn over the next three years. At today’s share price, it’ll give investors a yield just below 2%. And the $10bn buyback is smaller still. Cash is rolling in quicker than these giveaways are paying out. 

Convincing anyone that stocks can go up and down but by buying these shares at such a good price namely 10% less you as an investor could be the winner. But as with all shares they do go up and down and a final comment like this one just SEALS THE DEAL like this one - 

With Apple’s shares trading on a relatively sober forecast p/e of less than 14 times for 2012, the market clearly isn’t expecting loads of growth. That could leave some upside for investors. 

 
Last week it was announced that the value of Apple is now roughly the same as the whole US retail sector. Think about that for a second... there are some big businesses in the US retail sector – and Apple is worth the same as all of them put together!

These types of  cases are putting people in a mess everyday and believe me not everyone makes money on the shares they buy, more rather than less make a lose.

So be careful do not believe everything you read as you may be being manipulated without even knowing it!
 
All the posts are provided by me and any comments l provide are my own view of the markets,with extracts from various articles and posts l have read.

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" One Persons Story Of Being In Debt"

Have you ever considered how to borrow money when you really need help and guidance maybe listening to this story you will be able to appreciate how other people can help you. This is one such account of Lissette and is well worth a listen and please comment using our comments box.

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

" Pay Day Loans And The Consumer Financial Protection Bureau

These loans originally started in the US and are now commonplace in the UK and are not the type of funds anyone should be contemplating as an easy fix solution to short term borrowing. If you are or need advice leave a comment but can l suggest you listen to this video and it may help you to avoid the problems that you may have with this type of lending.

I will be writing more on this subject very shortly and providing in depth terms and conditions of lenders you should avoid and those that are not as bad.  

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

NB Please ignore the note about comments being closed as it applies to youtube and not our our comments box, you can log into any social media and share this we need to spread the word.   

Vice Premier urges proper settlement of China-US economic, trade disputes

Vice Premier urges proper settlement of China-US economic, trade disputes:

Chinese Vice Premier Li Keqiang meets with Henry Paulson, former Treasury Secretary of the United States, in Beijing, capital of China, Dec.

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

By the Numbers: $4.2 Billion

By the Numbers: $4.2 Billion:

Payday loans, sometimes called cash-advance loans or check-advance loans offer borrowers short‐term funds at very high interest rates that are not always clearly disclosed. On average, payday lenders charge fees of roughly $16 for a $100 two‐week loan. If borrowers miss payments, fees can begin to accumulate, resulting in extremely high total payments. Payday loan borrowers are paying nearly $4.2 billion in fees annually, according to some studies.

Even when rates and penalties are disclosed, borrowers in desperate need of cash may agree to disadvantageous loan terms. Many times, these borrowers’ financial resources have already been depleted by an emergency, sustained unemployment, or illness. Relying on payday loans to make ends meet can create a debt‐and‐fee‐spiral that some people may find extremely difficult to exit.

The Consumer Financial Protection Bureau was established to provide federal supervision and oversight over a full range of financial service providers that consumers rely on--from banks and credit unions, to payday lenders and independent mortgage brokers. President Obama has nominated Richard Cordray to head the CFPB, and the Senate will vote on his confirmation this week. Having a director in place will allow the Bureau to protect consumers from unfair, deceptive, or abusive practices from providers like those that issue payday loans.  

This is our opinion and feelings about the the posts added to this blog by ourselves and writers who have asked to write on our blog network and does not necessarily represent our agreement or disagreement with the writers concerned.Please add #AceHealthNews to your tweets and follow us on twitter at http://twitter.com/AceFinanceNews helping to provide good debt management services. Thank you, Ian