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Business > Price War
The following information is about Price War.
Price War Defined
A situation in which two or more companies each try to increase their own share of the market by lowering prices.
This definition is in context to Business. See more contextual defintions for Price War.
Crude Oil Rises as Slump Strengthens OPEC Resolve to Cut Output
Published December 5, 2008, 4:08 am, Bloomberg
Dec. 5 (Bloomberg) -- Crude oil rose from a four-year low on speculation that prices of less than $45 a barrel will strengthen OPEC’s resolve to cut production.
German Bundesbank Sees Deepest Recession in 16 Years (Update2)
Published December 5, 2008, 4:07 am, Bloomberg
Dec. 5 (Bloomberg) -- The German economy, Europe’s largest, will shrink the most in 16 years in 2009 as the global recession hits exports, the Bundesbank predicted.
The Web Week in Review
Published December 5, 2008, 4:02 am, e-Consultancy
Perhaps I'm simply tiring of the economic news (or becoming immune to it). Increasingly, I find myself being drawn more and more to random news stories unrelated to the flurry of bad news that seems to come on the economic front. Tis the season to be jolly, right? Here's this week's hodgepodge of news and it's not all bad.
Brown-Forman Reports 4% Second Quarter Operating Income Growth in Challenging Economic Environment; EPS Growth of 13%
Published December 5, 2008, 4:00 am, Business Wire via Yahoo! Finance
LOUISVILLE, Ky.----Brown-Forman Corporation reported that diluted earnings per share from continuing operations1 increased 13% to $0.94 and operating income increased 4% to $222 million for its fiscal 2009 second quarter.
Pin has not been pulled on B&B but clock is ticking
Published December 5, 2008, 3:10 am, Financial Times
Babcock & Brown shares on Thursday surged from their extremely low base – they have fallen more than 98 per cent in the past 12 months – but the Australian infrastructure investor has a huge job ahead to ensure its survival.
Brown pledges action against banks STILL charging three times the 2% official interest rate
Published December 5, 2008, 2:56 am, Daily Mail: World News
Gordon Brown today warned banks to cut the cost of their mortgages as it emerged that borrowers are still being charged more than three times the official Bank of England interest rate.
Oil Set for Biggest Weekly Drop Since March 2003 on Demand Slip
Published December 5, 2008, 2:51 am, Bloomberg
Dec. 5 (Bloomberg) -- Crude oil is set for its biggest weekly decline since March 2003, trading near a four-year low as the economic contraction and job losses in the U.S. cause a slump in fuel demand.
The New, And Last, Ace
Published December 5, 2008, 2:47 am, Strategy Page
December 5, 2008: For the first time since the Vietnam war, a U.S. fighter pilot has become an ace (someone who has shot down at least five aircraft). But that's only because a pilot (U.S. Air Force Lt. Gen. Charles Cleveland) had a 1952 air-to-air MiG-15 kill over Korea recognized last year.
Halifax blasted for failing to pass on 2% interest rate cut to homebuyers
Published December 5, 2008, 2:24 am, Daily Mirror
Britain's biggest mortgage lender was slated last night for ripping off 250,000 homebuyers.
From This Corner-Remember the campaign cry? "It's the economy, stupid. "
Published December 5, 2008, 2:24 am, The Barnstable Patriot
That it won't be long before it's crying time."
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Off-site Price War Links, User Submitted
The following links have been collected through user bookmark submission in the Price War category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Nov 28
- Xbox360 now outselling PS3 2:1 per week!: In what must be one of the biggest comebacks of all time - Microsoft' ;s Xbox360 console, in the wake of worldwide price cuts and big software releases such as Fable II and Gears of War 2, is now selling around twice as fast as HD competitor PS3 (which was winning the battle earlier in the year). Seems PS3 is in need of a price cut to fight back
Thu Nov 27
- Namnews @ Kamcity.com: Administrators Seek Buyer For Woolworths, Price War Feared
Thu Nov 20
Wed Nov 12
- Glass Makers Are Fined $1.7 Billion in Europe's War on Price Fixing: The European Union fined four car glass producers more than $1.66 billion, the largest sum it has ever levied for a cartel.
Thu Nov 6
- Welcome to the United Nations Foundation:: 60th Anniversary of UN Peacekeeping: Send a Letter Thanking Peacekeepers for their Service. Take a minute to watch the message from George Clooney below. Then sign this letter and join us in thanking the 110,000 brave men and women from 119 countries serving as UN peacekeepers in 17 of the most volatile countries in the world, rebuilding societies wracked by violence, restoring confidence in people who have known little but war, and bringing peace to some of the tensest conflicts on earth.
Tue Nov 4
Wed Oct 22
- Hospitality Net - Industry News - France September 2008 Performance | Expected drops In the Revenue per available rooms but concerns remain for the future: The Revenue per available room of French chain hotels shows in September 2008 a drop of 3.8%. This expected result is attributed to a remarkable September 2007. More particularly Paris suffered from the absence of the Rugby World Cup this year. On a national level, the global occupancy rate dropped by 3.4 points. Whereas, economic hotels are proving their ability to resist, the upscale category is more affected with a drop of its occupancy and average daily rates. In a global economic decline environment, the drop in occupancy is not only limited to this past September but has been felt since the beginning of the summer. The collapse of the world's stock exchanges should increase this negative effect by causing a decrease in business clientele and corporate seminars. This decrease could thus lead to a down cycle of average daily rates. Contrary to previous crises, the hotel industry nowadays has more efficient Revenue management tools, allowing for daily activity analysis. Hotelier
Fri Oct 17
- AIG's Breakup Sparks a Price War: CEO Liddy vows to hang onto the lucrative commercial insurance segment, but wary customers are driving some hard bargains
Fri Oct 10
Thu Sep 18
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