Big News for Businesses - New Phone System Designs Improve Efficiency, Reduce Cost

Summary: Businesses have some irrefutable complaints about their phone systems. The older systems are unnecessarily expensive and sometimes absurdly out of date.

Businesses have some irrefutable complaints about their phone systems. The older systems are unnecessarily expensive and sometimes absurdly out of date. Some are also at least partly useless, as bad as those big accounting software packages that provide you with endless features that you’ll never have the slightest need to use. The good news is that the new telephone systems are changing the whole idea of phone system design.

Extinction of the dino-phone systems

Designers have finally got a word in on the subject of big, cumbersome, phone systems. Part of the problem has been that the old analog system designs, with their bizarre hardware and to put it politely senile range of functions, persisted long after mobile phones took over the world. If you’re under forty, you may not even know what some of the functions on the old style systems are supposed to do.

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'Gameover' - Latest Zeus Malware Targets Your Bank Account

Be careful online shoppers, online bankers or online money makers, GAMEOVER malware is here!

It is being reported that the latest variant of infamous Zeus identity-theft trojan is lurking in the internet and it is adept of conquering common ways of user authentication used by financial institutions.

Gameover is the specific name of the latest version of Zeus malware. Tech people called this as Gameover malware, Gameover virus or Gameover trojan.

This malware starts as a phishing scheme with spam e-mails — allegedly from the National Automated Clearing House Association (NACHA), the Federal Reserve Bank, or the Federal Deposit Insurance Corporation (FDIC) — that leads to malware/virus infection and eventual access to the victim’s bank account.

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Tracking Gold Investment News on Twitter

You may be surprised to learn (or maybe you aren't) that one of the safest and most consistent investments you can make is in gold bullion. This has been the case for some time. But it is becoming more true by the day, as the US credit rating has been downgraded, stocks have plunged and fears over Europe's economic crisis and America's rising debt plagues economists fears from one end of the globe to the other.

Then, you have the financial crisis itself, including the housing crash and the bank panic. There is a lot to consider, and plenty of examples to factor in when thinking of where to put your money. In the event of a total collapse, at least gold, silver and other bullion gives you a physical item for your investment.

You might be wondering when to start investing in gold. The answer to that is 'now'. Honestly, the price keeps climbing and is expecting to for at least the next five years. The same goes for silver, platinum and palladium. Gold itself is currently at $1,737 an ounce, but from $1,714 just a few days ago. A few days!
The sooner you buy, the lower the starting price will be. Which is especially helpful if you are planning to turn it around for profit for later investments.

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Black Friday Only Opens the Opportunity Doors for Retail Shops

Although highly anticipated Black Friday is already a few days old, this is just the beginning of a massive income season for most retail stores.  Black Friday marks the first day of shopping for the festive season and honestly, I feel that it is only the start of really good things for retail stores over the next month or so.

This in turn has an excellent effect on a lot of websites, and website owners need to have methods in place in order to be able to sustain the amount of traffic they’re likely to receive on the day. I have seen the traffic of a client of mine almost double since the start of November, and I think it’s going to fly after Black Friday. Retail stores should be seeing amazing increases in traffic, but there is some stuff that they need to focus on daily to get the most out of the holiday season.

Check what’s trending and get the most out of it

Something you need to do going into the holiday season is check what’s hot on the market right now. See what kinds of things are selling fast at other places and make sure you have enough stock to last you up until Christmas day. This will give you the edge over the competition when they run out of the product. If your company is based online then it’s time to start checking social networks to see what people are talking about, then optimize your site with relevant call to actions to get people to go to the appropriate pages on your site.

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Vista Land Reports P2.6-B Income

Vista Land & Lifescapes, Inc., the country’s largest homebuilder, reported a 20 percent growth in net income for the first nine months of 2011 to P2.61 billion from P2.17 billion in the same period last year — on track to another banner year.

In a press briefing, Vista Land chief financial officer Ricardo B. Tan Jr. said real estate revenues were P9.9 billion, up 21 percent from P8.21 billion in the first nine months of 2010.

The company had stated earlier this year that it was targeting about P3.4 billion in earnings and approximately P24 billion pesos in sales for the full year.

Vista Land reported that it delivered record sales of P6.2 billion for the third quarter of 2011, bringing the total for the first nine months of the year to P18.3 billion.

The company said that it was confident it would meet or even exceed its net income and sales targets for fiscal year 2011.

“We are on track for another year of solid growth in sales, revenues, and net income” said Vista Land president Manuel Paolo Villar.

via: http://www.mb.com.ph/articles/341317/vista-land-reports-p26b-income

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Fed Lowers Its Forecast for Growth, but Takes No Steps

WASHINGTON — The Federal Reserve significantly reduced its forecast of economic growth through 2013, acknowledging that it had once again overestimated the nation’s recovery from the 2008 financial crisis.
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Despite the bleak forecast, however, the Fed said that its policy-making committee had decided against taking new measures to stimulate growth at a two-day meeting that concluded Wednesday. The Fed’s chairman, Ben S. Bernanke, said that the central bank already was pushing hard to spur growth and create jobs.

“We have taken a lot of actions,” Mr. Bernanke said at a news conference after the announcement. He added that Congress, by contrast, was not doing enough to pull the levers of fiscal policy. Lawmakers are gridlocked over a new jobs proposal from the White House, and a special bipartisan committee charged with reducing the deficit is struggling to reach agreement by Thanksgiving.

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Santander to Sell Stake in U.S. Auto Financing Group

Spain’s Grupo Santander, the eurozone’s largest bank by market capitalization, announced a $1.15 billion deal on Friday to sell a 35 percent stake in its automotive financing unit in the United States to a group of private equity investors, as it looks to shore up its balance sheet.

Under the terms of the agreement, Kohlberg Kravis Roberts, Centerbridge Partners, and Warburg Pincus will invest a combined $1 billion for a 25 percent share in Santander Consumer USA. Dundon DFS will pay $150 million for a 10 percent stake in Santander Consumer USA.

“Following the transaction, Santander will realize a capital gain of approximately $1 billion,” the Madrid-based bank said in a statement. “The capital gain will be fully allocated to reinforce the Group’s balance sheet.”

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Citigroup to Pay Millions to Close Fraud Complaint

This is the first business-related news published in the Online Money Maker. The news is just a part of the full story offered by the source of this article. To read the full story, just click the link provided below this post.

WASHINGTON — As the housing market began its collapse, Wall Street firms and sophisticated investors searched for ways to profit. Some of them found an easy method: Stuff a portfolio with risky mortgage-related investments, sell it to unsuspecting customers and bet against it.

Citigroup on Wednesday agreed to pay $285 million to settle a civil complaint by the Securities and Exchange Commission that it had defrauded investors who bought just such a deal. The transaction involved a $1 billion portfolio of mortgage-related investments, many of which were handpicked for the portfolio by Citigroup without telling investors of its role or that it had made bets that the investments would fall in value.

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$5 Billion Investment in Bank of America - A Risk Taken by Buffet

Amidst the threat about the long-term health of Bank America, Warren E. Buffet has recently invested $5 billion as his courageous display of faith in America’s biggest, and most beleaguered financial institution.

Bank of America already had to set aside around $20 billion to fix its mortgage misdeeds at the height of the housing bubble.

Bank of America’s problems are emblematic of the economic woes facing the country in general and the housing market in particular. Its fortunes have been waning as the outlook for growth has darkened and the financial markets have gyrated.

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