news blog from Danille

DIARY- Spain corporate events

Thu, 20 Oct 2011 03:43:43 -0400

Spain main eventsEuropean corporate eventsDate GMT Company Name RIC Event————————————————————————21/10 Bankinter Q325/10 Enagas Q325/10 Enagas CONFCALL26/10 BBVA Q326/10 BBVA CONFCALL26/10 Ebro Foods Q326/10 Mapfre Q326/10 Mapfre CONFCALL27/10 Abertis Q327/10 Abertis CONFCALL27/10 Acerinox Q327/10 Banco Sabadell Q327/10 Banco Santander Q327/10 Banco Santander CONFCALL27/10 Ferrovial Q327/10 Iberdrola Q328/10 Banco Popular Q304/11 IAG Q304/11 IAG TRAFFIC08/11 Gas Natural Q310/11 Gamesa Q310/11 Indra Q310/11 Repsol Q310/11 Telefonica Q3————————————————————————Event types:Full Year = Full year resultsQ1, Q2, Q3, Q4 = Quarterly resultsANALYSTS = Analysts’ meetingsAVCG = Asset value and capital gain figuresNEWSCONF = News conferenceSHAREHOLDER = Shareholder meetingCONFCALL = Conference callTRAFFIC = Traffic figuresBOARD = Board meeting

Canada government shows impatience with labor laws

Mon, 17 Oct 2011 15:30:02 -0400

* Government minister questions existing lawBy Allison MartellTORONTO, Oct 17 (Reuters) - Canada’s Conservative government is increasingly showing impatience with federal labor laws as it seeks to prevent strikes that it says would damage the economy.The government has threatened or used anti-strike legislation three times since it won a majority in Parliament in May’s general election.Last week, in an unusual effort to prevent a strike, Labor Minister Lisa Raitt asked the Canada Industrial Relations Board to consider whether an impending strike by flight attendants at Air Canada , the country’s biggest airline, would pose a health and safety risk.The immediate effect of Raitt’s request was to stop the strike from starting because no labor actions can occur while a health and safety issue is before the board. The more normal way for the government to prevent a strike, passing legislation, was not available because Parliament was not in session.The longer-range effect of Raitt’s action, however, was to shine a light on what may be a broad disconnect between the government and the industrial relations board, which is charged with enforcing the Canada Labor Code, a document that governs labor relations in banking, interprovincial transportation and telecommunications.”The purpose of the code is to promote collective bargaining. Part of the problem we have is that we have a government that’s opposed to (collective bargaining), and legislation that promotes it,” said Mary Cornish, labor lawyer and partner at Cavalluzzo Hayes Shilton McIntyre & Cornish LLP.The preamble to the labor code describes a Canadian tradition of promoting “free collective bargaining and the constructive settlement of disputes,” and that preamble guides the actions of the quasi-judicial CIRB, whose members usually come from both unions and business.”The CIRB is not expected to be completely unbiased when we interpret the Canada labor code,” CIRB Chairwoman Elizabeth MacPherson said soon after her 2008 appointment.”The CIRB and its predecessor…have consistently interpreted the code so as to encourage the establishment of collective bargaining relationships,” she said.The board certifies and dissolves unions, and workers, unions or employers can appeal to it if they believe the code has been violated.”When we’re trying to define neutrality in the context of labor boards, their job is to carry out the fundamental purposes of the act,” said University of Ottawa law professor Pamela Chapman. “They’re not there to question whether there should be collective bargaining.”Expressing frustration with the bargaining process at Air Canada, where flight attendants twice rejected tentative agreements with management that their own union leaders had endorsed, Raitt said last week that the government was looking closely at the Canada Labor Code.”There’s something wrong in this case, and does that mean there’s something wrong in the code?” she asked in an interview with CBC, the nation’s public broadcaster.A spokeswoman declined to say if that meant the government wanted to change the code.Canada’s Parliament would have to approve any amendments to the labor code. The left-leaning New Democrats, the biggest opposition party, would be bound to object, but the Conservatives’ majority in Parliament means they could force through changes.

Canada government shows impatience with labor laws

Mon, 17 Oct 2011 15:29:54 -0400

What is Googles mobile revenue? Depends how you do the math.

Mon, 17 Oct 2011 14:28:15 -0400

Google wowed Wall Street with the revelation that its mobile business is generating revenue at a run rate of over $2.5 billion. Not bad for a business thats still in its infancy, and which was operating at a $1 billion run rate at this time last year. Of course, a run rate is not the same as revenue thatÂs been booked Â itÂs simply a way of extrapolating what a full yearÂs worth of revenue will be, assuming the current rate of revenue holds steady. So what is Googleâs actual mobile revenue right now? Many Wall Street analysts estimated on Friday that Google generated $625 million in mobile revenue in the recently-ended quarter -Â a not unreasonable assumption, given that four quartersÂ worth of $625 million totals $2.5 billion. (And since Google said the run rate was more than $2.5 billion, perhaps $626 million for the quarter would be an even more reasonable estimate). Not so fast, says BGC Partners analyst Colin Gillis. ThereÂs no guarantee that Google based its run rate on a full quarterÂs worth of revenue. They could have taken mobile revenue from the last month and multiplied it by 12, said Gillis. They could even have used their best single day of mobile revenue and multiplied by 365, he noted. As a result, Gillis estimates that GoogleÂs mobile revenue in Q3 was probably closer to $500 million or $550 million. âWe have no idea what that number really is,Â he said.

news blog from Danille

DIARY- Spain corporate events

Canada government shows impatience with labor laws

Canada government shows impatience with labor laws

What is Googles mobile revenue? Depends how you do the math.

What is Googles mobile revenue? Depends how you do the math.