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Ika Lobjanidze

Tila Tequila and Duy Anh have the SAME LAST NAME!!! - 0 views

en.wikipedia.org/...Tila_Tequila

shared by Ika Lobjanidze on 24 Nov 09 - Snapshot
    • Ika Lobjanidze
      Ika Lobjanidze on 24 Nov 09
       
      Duy Anh Nguyen - AKA: Ted, AKA: Alex
      Tila Nguyen - AKA: Tila Tequila

      They have the same last name! Possible related?...
  • Tila Nguyen[1] (born October 24, 1981), better known by her stage name Tila Tequila, is a Singapore-born singer, model, and television personality.
Jason Welker

Nicki's Econ Blog - 1 views

nickiibecon.blogspot.com

shared by Jason Welker on 24 Nov 09 - No snapshot

  • Price Elasticity of Demand (PED) is the responsiveness of consumers to a change in Price.
    • Jason Welker
      Jason Welker on 24 Nov 09
       
      Good definition, however, I would like to see a more catchy intro to your first commentary
Jason Welker

gulfnews : Price ceiling to fuel food supply crisis - 0 views

gulfnews.com/...uel-food-supply-crisis-1.89275

shared by Jason Welker on 11 Nov 09 - Snapshot
  • The circular sets maximum retail prices for commodities such as eggs, basmati rice, chicken and drinking water.
    • Hanna Westin
      Hanna Westin on 11 Nov 09
       
      The government is placing a price ceiling on certain commodities to ensure low-cost food for consumers
  • "The increasing prices of essential goods have been directly linked to increased production costs. Our suppliers are not willing to reduce prices
    • Hanna Westin
      Hanna Westin on 11 Nov 09
       
      Production prises rise, which leads to a shortage, or excess demand.
    • Jason Welker
      Jason Welker on 24 Nov 09
       
      Very good.
Koen Voskuil

CBC News - Money - Box office bonanza helps Cineplex buck recession - 0 views

www.cbc.ca/...neplex-quarterly-earnings.html

elasticity revenue demand

shared by Koen Voskuil on 12 Nov 09 - Snapshot
  • "The entertainment sector has done well in general, and for people who are used to going to restaurants and spending $100 or $150, [movies] are a cheaper alternative."
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      cross price elasticity of demand
  • "People still spend money during recessions; they just spend it on different things,"
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      consumer's taste and preferences change with a change in income. income elasticity of demand! YED
  • higher net income of $20.4 million for the third quarter, up from year-ago profit of $18.4 million.
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      increase in revenue?
  • ...7 more annotations...
  • the recession] has been fantastic
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      Many unemployed workers are going to the movies...
      Movies could be an inferior good because the demand increases as the income increases.
  • Revenue totalled $257.5 million, up 7.7 per cent or $18.4 million from $239.1 million in the same period last year.
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      The movies could be inelastic or elastic depending on the revenue... it could be calculated depending on the price change and quantity demanded.
  • The company was buoyed by a strong lineup of family films, because such films often lead to increased purchases of concessions.
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      increase in demand for candy or popcorn more consumers in a family film instead of a horror
  • Attendance at movies in Canada hit 18.8 million, up four per cent from 18 million last year.
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      % change in quantity demanded can be calculated... perhaps I can find the elasticity for movies
  • Revenue totalled $257.5 million, up 7.7 per cent or $18.4 million from $239.1 million in the same period last year.
  • Cineplex said its box office sales for the quarter, reported at $155.9 million, was the highest-ever box office revenue for any given quarter.
  • "One thing we've been very conscious of during the past year is we have not raised any of the prices on concessions,"
    • Koen Voskuil
      Koen Voskuil on 12 Nov 09
       
      the price has not changed but the quantity demanded has... i don't know what this is called.
christopher francois

Gift certificates get a makeover: The gift that gives back | The Economist - 0 views

www.economist.com/...displaystory.cfm

shared by christopher francois on 12 Nov 09 - Snapshot
  • Gift cards are profitable because retailers receive money for them up front, and around 10% of them are never redeemed,
  • But sales of gift cards were down by around 6% last year in America, to about $25 billion, partly because discounts in stores were so steep that customers saw more value in buying merchandise directly
  • Sales will be down by about 5%, projects Archstone Consulting, which studies the business
  • ...5 more annotations...
  • Retailers are trying to counter this decline by making gift cards more attractive
  • Other retailers have launched schemes that let people e-mail one another electronic gift certificates, which the recipients can then print out for use.
  • Such handouts can be cheaper than sharp store-wide discounts, which proved devastating to profits last year. Expiry dates add a sense of urgency, which retailers are eager to foster
  • eBay is thought to sell around 100,000 gift cards every month.
  • 40% are one part of the gift-card business which has boomed of late.
  • christopher francois
    christopher francois on 12 Nov 09
     
    This articles is about the market of Gift cards and how at the moment, buying gift cards is on the low due to the economy, thus the retailers are trying to find ways to make gift cards more attractive.
Silvia Dieter

Russia raises taxes on beer: Sin-tax error | The Economist - 0 views

www.economist.com/...displaystory.cfm

raises russia demand supply competition of price elasticity substitutes PES taxes providers

shared by Silvia Dieter on 10 Nov 09 - Snapshot
  • Russia is considering plans to quadruple excise duties on beer by 2012
  • taxes will now rise by only one-and-a-half percentage points
  • “sin taxes” often refresh the public coffers
  • ...8 more annotations...
  • Politicians in the American state of Wisconsin are the latest to mull higher
    taxes, although the money is intended to pay for anti-alcoholism schemes there
    too.
    • Silvia Dieter
      Silvia Dieter on 10 Nov 09
       
      Again, is this important? I think it would help to explain...
  • But the upward lurch in Russia’s taxes seems particularly rough on the country’s
    brewers, 80% of which are wholly or partly foreign-owned.
  • Carlsberg, which has made a hefty bet on the beer markets of eastern Europe,
    spent $12 billion buying and investing in Baltika, one of Russia’s oldest
    brewers. But sales are already suffering with Russia’s economic slump.
  • Carlsberg has suffered a 10% drop in consumption of its beer.
  • consumption will plummet by 25-35% a year by 2012 rather than return to growth
  • average 18 litres of pure alcohol a year, twice the average in the European
    Union.
  • But Russia has no intention of putting up the price of the traditional source of
    hangovers: vodka.
  • Pushing up beer prices is far more likely to encourage drinkers to swallow even
    more vodka or dodgy but cheap home-made spirits than to convince them to give up
    booze altogether. Then again, it will give Russia’s huge—and largely locally
    owned—vodka industry reason to raise a glass.
  • Silvia Dieter
    Silvia Dieter on 10 Nov 09
     
    I think that I could use this article to explain government taxes, demand an a part of PED.
Vincent Buehler

Dairy farmers face huge crisis as farm groups organize to help - 1 views

www.minnesotafarmguide.com/...news0.txt

dairy farmers crisis milk price floor

shared by Vincent Buehler on 11 Nov 09 - Snapshot
  • Milk prices are half of what they were just one year ago and are now well below
    the cost of production
  • Dairy producers all over the country are suffering and may have to go out of
    business unless price supports and fair marketing structures become permanent.
  • $18 floor price on all manufactured milk.
  • ...4 more annotations...
  • Senate bill 1330 would increase the Milk Income Loss Contract (MILC) payment
    rate to 90 percent from March 1, 2009 through Nov. 30, 2009.
  • Senate bill 1542 would cut out milk protein concentrates (MPCs) that are not
    counted as food and come in through imports from other countries. Companies make
    many products using these instead of using real milk and cheese, and they could
    be unsafe to eat because the FDA does not check them out.
  • Senate bill 889 would put a milk price floor down by requiring the Secretary of
    Agriculture to determine the price of all milk used for manufactured
    purposes.
  • “The dairy industry needs to be pro-active in what we do,” Holle said, adding
    that campaigns where fast-food chains are adding 40 percent more cheese on their
    pizzas are some of the things that are helping dairy producers.
Hanna Westin

Price-floor plan to counter cheap booze | The Australian - 1 views

www.theaustralian.com.au/...story-e6frg906-1111119117698

shared by Hanna Westin on 11 Nov 09 - Snapshot
  • "incredibly cheap alcohol" had contributed to a culture of excess in which intoxication was considered normal.
    • Hanna Westin
      Hanna Westin on 11 Nov 09
       
      The Australian government is placing a price-floor on alcoholic beverages to minimize consumption due to health risks
  • "an issue the taskforce will be looking at is a minimum floor price"
    • Hanna Westin
      Hanna Westin on 11 Nov 09
       
      The minimum price will be above equilibrium, which will lead to excess supply (surplus)
  • The policy would set a price per standard drink across all types of alcohol that retailers could not discount below.
    • Hanna Westin
      Hanna Westin on 11 Nov 09
       
      Although the price for alcoholic beverages is being increased, considering the price elasticity of demand for alcohol, the demand probably will not change that much, since it is relatively inelastic. It is inelastic because the price is being increased on all alcoholic beverages, so there are no substitutes, and it is addictive for some people.
sebastian frisch

BBC NEWS | Business | Christmas shoppers 'undeterred' - 1 views

news.bbc.co.uk/...8344592.stm

shared by sebastian frisch on 10 Nov 09 - Snapshot
  • Christmas shoppers will spend as much this festive season as last year despite the UK remaining in recession, Deloitte has predicted.
  • the impact of job losses and higher taxes would mean spending is likely to be squeezed at Christmas next year
  • ople were cutting back on daily indulgences such as snacks, and taking more care over their shopping
  • ...7 more annotations...
  • The research, carried out by the Centre for Retail Research for comparison site Kelkoo, found that 20p in every £1 would be spent online this Christmas - a rise of 24% on the previous year

  • Changing habits

    The Deloitte report found that people were not reining in their spending too much this Christmas owing in part to the savings they have been making on their mortgages at times of low interest rates.

  • consumers were shopping around more and were showing less brand loyalty than previously.
  • "The increasing number of budget or own-label products has been a winner for the supermarkets who have also taken over from traditional High Street chains as the country's biggest clothing retailers," said Tarlok Teji, UK head of retail at Deloitte.
  • The report for Kelkoo predicted that 50% of purchases for Christmas will be made online by 2015.
  • Bruce Fair,
  • "If the country suffers another poor Christmas, some retailers will fail to survive the blow and it will indicate that economic prospects for the next year are likely to be limited."
sebastian frisch

Singapore Airlines Posts Loss, but Sees Improving Outlook - NYTimes.com - 0 views

www.nytimes.com/...11iht-air.html

shared by sebastian frisch on 10 Nov 09 - Snapshot
  • Singapore Airlines reported a worse-than-expected quarterly loss as the global economic slowdown affected profit margins
  • net loss of 159 million Singapore dollars, or $114.6 million, for the three months through September, compared with a net profit of 324 million dollars a year earlier.
  • “Advance bookings indicate that demand for air travel has stopped declining and is gradually recovering,” Singapore Airlines
  • ...2 more annotations...
  • The carrier has seen falling passenger and cargo demand this year as the global economic downturn has reduced business and leisure travel, leading the airline to reduce capacity by 11 percent in the 12 months from April. The airline also cut staff salaries and working hours.
  • Analysts said the growing presence of budget airlines in the region was making life tougher for premium carriers like Singapore Airlines and Japan Airlines. Budget carriers like AirAsia of Malaysia and JetStar of Australia are on an aggressive expansion drive despite the economic downturn.
    • sebastian frisch
      sebastian frisch on 10 Nov 09
       
      competition
sebastian frisch

CBC News - Money - Air Canada expands to Nunavut - 0 views

www.cbc.ca/...iqa-air-canada.html

shared by sebastian frisch on 10 Nov 09 - Snapshot
  • Air Canada Jazz will enter Nunavut's airspace with scheduled flights starting in March, airline officials said Monday.
  • The service is scheduled to begin March 28 and tickets are already for sale.
  • "We've been interested in launching service to Iqaluit for quite some time, as there is demand from both Montreal and Ottawa," Air Canada spokesperson Angela Mah
  • ...2 more annotations...
  • A one-way fare starts at $659 before taxes and surcharges, according to the airline's website. Mah said that is a special introductory fare, adding that prices could go up later.
  • Two northern airlines, First Air and Canadian North, currently fly between Ottawa and Iqaluit. Both airlines also offer flights between Iqaluit and other northern communities.
Duy Anh Nguyen

BBC NEWS | Business | House prices 'to keep on rising' - 0 views

news.bbc.co.uk/...8350707.stm

supply demand shortage of

shared by Duy Anh Nguyen on 10 Nov 09 - Snapshot

  • latest monthly survey shows that sellers are now beginning to return to the property market.

    But they are still being outweighed by the number of potential buyers registered with estate agents.

    • Jason Welker
      Jason Welker on 10 Nov 09
       
      So the demand is growing faster than the supply?! No wonder house prices are rising! You could easily graph this!
  • house prices had risen by 6% between May and September.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      There ya go! Where is this, the US?
    • Duy Anh Nguyen
      Duy Anh Nguyen on 10 Nov 09
       
      No it's the UK property market, at least I think it is, becuase the artice mainly talks about the UK property market
  • UK house prices rose by 1.2% in September.
  • ...5 more annotations...
  • The Rics survey found that in October, the balance of surveyors reporting price rises rather than falls rose to 34%, up from 20% in September.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      That's good... but still only 34% of houses are rising in price.
  • Although the supply of property is beginning to pick-up, it is still insufficient to keep pace with the increase in demand which points to further prices gains in the near term
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Do you think higher home prices id GOOD or BAD? Who is helped by rising home prices? Who is hurt?
  • attractive prices
  • Low interest rates,
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      How do low interest rates affect demand for new homes? Why do home buyers care about interest rates?
  • encouraging news from the economy are driving transactions
christopher francois

A decision by a Swiss court to annul an increase in road freight tax for heavy vehicles has... - 0 views

www.swissinfo.ch/...rows_spanner_into_EU_deal.html

shared by christopher francois on 10 Nov 09 - Snapshot
  • A decision by a Swiss court to annul an increase in road freight tax for heavy
    goods vehicles has been criticised by the transport ministry and environmental
    groups.
  • Some worry the country's policy of moving transalpine freight traffic from road
    to rail could be jeopardized by the ruling.
  • The Federal Administrative Court upheld a complaint by the Swiss Road Hauliers'
    Association against the government's 2008 decision to raise the tax to a maximum
    of SFr325 ($319) per year
  • ...6 more annotations...
  • The ruling will result in SFr150 million shortfall in revenue for upgrading the
    country's rail network, according to Peter Bieri, speaker for the Senate's
    transport committee.
  • the tax, including having a maximum levy, was part of a compromise deal with
    the EU.
  • that negotiations with the EU had been very tough and that there was pressure
    from Swiss voters to raise the tariff even more
  • However, the road hauliers do not rate an appeal's chances as very high.
  • the gains from the new tariff were higher than the costs caused by heavy goods
    traffic
  • Individual members of the association had lodged thousands of complaints with
    the tax authorities
Ika Lobjanidze

NBA early season notes: the economy, injuries and Iverson - USATODAY.com - 0 views

www.usatoday.com/...economy-injuries-iverson_N.htm

shared by Ika Lobjanidze on 10 Nov 09 - No snapshot
  • Ika Lobjanidze
    Ika Lobjanidze on 10 Nov 09
     
    This article very shortly discusses how the world series and its two teams affected the ticket sales for the NBA Franchises for the same cities. It talks about the decrease in demand for the tickets of two teams, Philadelphia 76ers of Philadelphia and New Jersey Nets of New York. 
sebastian frisch

Renault-Nissan to Release World's Cheapest Car - NYTimes.com - 0 views

www.nytimes.com/...11iht-nissan.html

shared by sebastian frisch on 10 Nov 09 - Snapshot
  • NEW DELHI — The battle for the world’s cheapest car is heating up. The top executive of Renault and Nissan said here Tuesday that his companies would begin selling a small car in India in 2012 that would cost less than any other car sold in the country
  • The car, which will be made by the Indian scooter and rickshaw company Bajaj Auto, is Renault Nissan’s answer to the Tata Nano, which India’s largest auto company started selling this year for as little as $2,500.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      This is an Oligopoly topic. Two big firms are competing in the market for small, cheap cars. Their behavior matches what is predicted of oligopolistic firms. You really should read ahead in the CC to learn more about this if you want to go ahead with this article.
  • Toyota and General Motors have also said they intend to sell ultralow-cost small cars in India.
  • ...7 more annotations...
  • Tata Motors, for instance, has delivered just 10,500 cars since the car hit Indian roads in July. Renault-Nissan and its partner Bajaj had first hoped to deliver their car in 2011.
    • sebastian frisch
      sebastian frisch on 10 Nov 09
       
      increasing supply
  • more fuel-efficient than its competitors
  • most Renault-Nissan cars are bigger and more expensive than the most popular Indian cars
  • Mr. Ghosn said the low-cost car was a critical part of his companies’ strategy for building up their business in India, where they have less than 1 percent of the market now. By comparison, the companies have a 10 percent share of the global market. The Indian auto industry sells about two million cars a year now, and Mr. Ghosn said that number could reach at least six million in 10 years.
  • “We need an entry price point that is very competitive, and we don’t have that entry price point”
    • sebastian frisch
      sebastian frisch on 10 Nov 09
       
      large competition
  • Until recently, most automakers dismissed the idea that a new car could be sold for just a few thousand dollars. That changed with the arrival of the Nano, a hatchback that can seat five people. Tata Motors has said the cars would appeal to families that currently use motorcycles and scooters.
    • sebastian frisch
      sebastian frisch on 10 Nov 09
       
      more efficient
  • The company has been unable to make enough vehicles to meet demand because protests by farmers and activists forced Tata Motors to scrap plans for a new factory in eastern India. Recently, the company was embarrassed when a defect caused some Nano cars to catch fire.
    • sebastian frisch
      sebastian frisch on 10 Nov 09
       
      factors of production, realocating recources
      determinant of supply: time
Nora Balboni

Holiday airfares close to last year but climbing - Yahoo! News - 3 views

news.yahoo.com/...us_holiday_airfares

PES PED demand supply air travel recession

shared by Nora Balboni on 10 Nov 09 - Snapshot
  • Fares for travel around the holidays have been rising since late summer.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      demand is greater AND less elastic during holidays!
  • airlines used discounting to fill seats.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      decrease price, increase quantity demanded.
  • For the holidays, the big airlines added a $20 surcharge each way on popular travel days closest to Christmas and New Year's.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      those sneaky bastards! They KNOW all about PED!
  • ...5 more annotations...
  • Airlines have been shrinking to match a decrease in travel. With the supply of seats more in line with demand, carriers have been able to raise fares close to where they were last holiday season.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      What would have happened to average fares if airlines had NOT shrunk to match the decrease in travel? In other words, if supply were still as high as it were a year or to ago!
  • Average Thanksgiving fares are up 2 percent to $351,
  • Given the upward trend in fares, Grus says book now. Check on fares several times a day. Sometimes seats become available at a lower price.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Expectations of future price increases lead to increase in demand now. Higher demand leads to future increases in price!
  • • Airlines have reduced the amount of flying they're doing. That could make it tougher to buy a seat on the flight you want.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      This is a funny way of saying the supply has decresed for certain flights... if there is less supply, you'd excpect the average fare to increase.
  • Flying on Thanksgiving Day and returning on Monday can save fliers about 30 percent cheaper on averag
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      This is interesting. Why is it cheaper to fly home monday rather than Saturday or Sunday?
  • Nora Balboni
    Nora Balboni on 10 Nov 09
     
    A decrease in demand for air travel, caused many airlines to decrease their supply of airplanes, hence seats. With holiday season approaching, the PED for air travel will become less elastic, meaning that consumers are willing to pay a higher price for a seat in an airplane, and the airlines can raise their price. To ensure that consumers get a seat for relatively cheap, it is suggested to book very early and ot on the mainstream days.
sarah eble

In One Day, Game 2 Ticket Prices Rise 26 Percent - Bats Blog - NYTimes.com - 2 views

bats.blogs.nytimes.com/...-ticket-prices-rise-26-percent

shared by sarah eble on 09 Nov 09 - Snapshot
  • Phillies fans were prompted by their team’s victory on Wednesday
  • Yankees fans worried that Game 2 of the World Series could be the final game at
    Yankee Stadium this season.
  • average price for a ticket
  • ...13 more annotations...
  • average price for a ticket to Thursday night’s game jumped 26 percent in one
    day, to $737 from $585
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      You could put these numbers onto a supply and demand diagram!
  • $737 from $585,
  • jumped 26 percent in one day
  • the least expensive seats have seen the largest percentage gains
  • least expensive seats have seen the largest percentage gains
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Cheapest seats increase in price by the MOST because they have the most INELASTIC DEMAND! Increasing price of tickets for which D is inelastic will increase teams's TR
  • $5 during the regular season were being offered for $550 at 3 p.m
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      OMG!!
  • a 69 percent increase
  • 69 percent increase
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Big increase!
  • Legends seats
  • rose 145 percent, to $6,600
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      smaller percentage increase for the most expensive tickets than for the cheapest tickets!
  • field level seats in the infield dipped 5 percent, to $1,545
  • prices for the third and fourth games, to be played in Philadelphia this
    weekend, were also rising,
  • close proximity between New York and Philadelphia has made it easier for fans to
    attend games in both cities
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Demand is higher than it would be if the teams were from opposite sides of the country! (Size of the market!)
  • sarah eble
    sarah eble on 09 Nov 09
     
    The ticket prices for the match between the Phillies and the Yankees rose extremely in only one day. This happened because of reasons relating to the players in the team and the team's wins and losses and the fans worrying about their teams. The price for tickets for different seats increased differently . But also the prices for the thrid and the fourth games in Philapelphia increased.
  • Jason Welker
    Jason Welker on 10 Nov 09
     
    Sarah, where are you highlights? I need to see highlights from the article to get an idea of whether or not it is appropriate.
  • Jason Welker
    Jason Welker on 10 Nov 09
     
    I do like the summary you've provided though. It sounds like a really good article for a discussion of supply, demand, and PED (highly inelastic I am guessing!)
Hanna Westin

Will there be enough corn? - 1 views

www.midwestbullseye.com/...markets19.txt

supply demand

shared by Hanna Westin on 10 Nov 09 - Snapshot
  • On the other hand, ethanol use has jumped from 24 percent to 32 percent of total demand in the last three years, and even other industrial uses of corn have steadily increased.
    • Hanna Westin
      Hanna Westin on 10 Nov 09
       
      The demand for corn is increasing
  • measure of the relative scarcity of corn supplies in comparison to use, and generally been inversely related to corn market price levels over time
    • Hanna Westin
      Hanna Westin on 10 Nov 09
       
      More corn is demanded than can be supplied
  • They say USDA economists are pushing ethanol demand to 5.05 billion bushels by 2018-2019 and that assumes a steady upward production trend, with feed use climbing to 5.850 billion and exports to 2.225 billion bushels.
Duy Anh Nguyen

Burberry Looks Online for Ways to Gain Customers - NYTimes.com - 0 views

www.nytimes.com/...10burberry.html

shared by Duy Anh Nguyen on 10 Nov 09 - Snapshot
  • Burberry introduced a social networking site
  • a broader move by luxury goods companies
  • Sales rose 4.6 percent to £343 million, or $568 million, in the three months to the end of Septembe
  • ...3 more annotations...
  • The price of its shares has doubled during the past year.
  • recession split luxury goods makers into different camps. Those more reliant on sales from jewelry and watches, like Bulgari, were hit harder than those selling clothes and less expensive or less ostentatious items
  • companies that depended more on department stores suffered most of all, largely because they had less control over pricing and inventories.
Ika Lobjanidze

UPDATE: Brazil October Car Sales Down, But Market Stable - 2 views

money.cnn.com/...NESDJONLINE000214_FORTUNE5.htm

shared by Ika Lobjanidze on 09 Nov 09 - Snapshot
  • Brazil sold fewer cars and pick up trucks in October
    as expected, but the trend is in line for auto makers to have another record-
    breaking sales year
  • se September was both
    an all-time sales record and the last month for a full tax break g
  • Brazil auto makers sold 294,466 motor vehicles in October, down 4.6% from
    September.
  • ...10 more annotations...
  • New cars had as much as 7% taken off the sticker price.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Great data here, you could use S and D graphs to show these price and quantity changes, and determine why demand has fallen, even as the price has fallen!
  • The tax break is
    being gradually phased out as of September, with 1.5 percentage points being cut
    in October and another 1.5 percentage points in November before the tax returns
    to its normal level in January.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Taxes on new cars are decreasing, this should increase supply and quanitty demanded, but if demand is falling, then the result may be different.
  • That tax break has Brazil on par to break last year's 2.8 million car sales
    record.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      oh wait, are MORE cars being sold or FEWER?
  • projection
    is to end the year with 3 million cars sold.
  • "Clearly the economy is recovering in Brazil,"
  • Fiat was the leader in October for two- and four-door cars and sedans,
    selling 57,135 cars compared with 59,863 in September. Volkswagen came in second
    with sales of 54,542 compared with 61,250 in September.
  • General Motors sold 46,941 cars, down from 53,204 in September while its U.S.
    counterpart, Ford Motor Co. (F), sold 21,381 cars compared with 22,131 in
    September.
  • Despite sales slowing somewhat, production increased by 15.7% in October
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      Increase in supply, even as demand slows. More good graph opportunities here.
  • Brazil produced 315,956 vehicles, or 2.64 million, as of Oct. 3
  • Brazil exported $6.38 billion worth of motor vehicles as of Oct. 31, down more
    than 37% from the same period last year.
    • Jason Welker
      Jason Welker on 10 Nov 09
       
      So they're not consuming all that they're producing... interesting.
  • Jason Welker
    Jason Welker on 10 Nov 09
     
    Seems like an appropriate article about one particular market (automobiles) in a particular country. Lots of opportunities for graphs here, as well as an examination using PED or YED.
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