China clears Google Motorola bid

by Source of Article on May 22, 2012


21 May 2012
Last updated at 06:20 ET

Google Xoom tabletGoogle is looking to increase its trove of patents with the purchase of Motorola

Chinese regulators have approved Google’s $12.5bn (£7.9bn) purchase of US phone maker Motorola Mobility, the final hurdle for the deal to go through.

Chinese authorities said Google must keep its mobile software, Android, free for other device makers for up to five years.

The acquisition would be Google’s biggest ever.

It has already won clearance from US and European regulators.

Google’s purchase of Motorola Mobility allows it to move into the manufacturing of phones and tablet computers for the first time.

It also gives Google access to more than 17,000 of the company’s valuable patents, which will help it defend itself and Android phone manufacturers in patent disputes.

Patent monitoring

Google said the Chinese government cleared the deal on Saturday.

“Our stand since we agreed to acquire Motorola has not changed and we look forward to closing the deal,” the company said.

The same deal has already been approved in the US and EU. Both agreed the acquisition would not raise competition issues – but each noted they would monitor the “strategic” use of patents.

The European Commission took longer than expected to rule on the merger, requesting more information in January before making its decision in February.

Its concern focused on whether Google would favour Motorola Mobility over handset manufacturers like HTC or Samsung – which also use Google’s Android system.

However, the commission ruled: “It is unlikely that Google would restrict the use of Android solely to Motorola, a minor player in the European Economic Area.”

Article source: http://www.bbc.co.uk/news/business-18140940#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

{ 0 comments }

China clears Google Motorola bid

by Source of Article on May 22, 2012


21 May 2012
Last updated at 06:20 ET

Google Xoom tabletGoogle is looking to increase its trove of patents with the purchase of Motorola

Chinese regulators have approved Google’s $12.5bn (£7.9bn) purchase of US phone maker Motorola Mobility, the final hurdle for the deal to go through.

Chinese authorities said Google must keep its mobile software, Android, free for other device makers for up to five years.

The acquisition would be Google’s biggest ever.

It has already won clearance from US and European regulators.

Google’s purchase of Motorola Mobility allows it to move into the manufacturing of phones and tablet computers for the first time.

It also gives Google access to more than 17,000 of the company’s valuable patents, which will help it defend itself and Android phone manufacturers in patent disputes.

Patent monitoring

Google said the Chinese government cleared the deal on Saturday.

“Our stand since we agreed to acquire Motorola has not changed and we look forward to closing the deal,” the company said.

The same deal has already been approved in the US and EU. Both agreed the acquisition would not raise competition issues – but each noted they would monitor the “strategic” use of patents.

The European Commission took longer than expected to rule on the merger, requesting more information in January before making its decision in February.

Its concern focused on whether Google would favour Motorola Mobility over handset manufacturers like HTC or Samsung – which also use Google’s Android system.

However, the commission ruled: “It is unlikely that Google would restrict the use of Android solely to Motorola, a minor player in the European Economic Area.”

Article source: http://www.bbc.co.uk/news/business-18140940#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

{ 0 comments }

4 Shelter From The Storm ETFs (BKLN, ENGN, FUI)

by Source of Article on May 22, 2012

Even today’s bounce, probably of the dead cat variety, the
SPDR SP 500 (NYSE:

SPY

) is down more than 4% in the past month. The broader market
tracking fund also is still lower by more than 5% since the start
of May.

That is much is widely known and it’s also widely known that
it’s
not just U.S. equities that have been under
significant pressure

. Indeed, it feels as if almost every asset class under the sun
is being swept up in the broader market’s calamity these
days.

Fortunately, investors looking for some conservative,
shelter-from-the-storm ETFs are not short for options. Just look
at this quartet that has handily outperformed the SP 500
over the past month.

PowerShares Senior Loan Portfolio (NYSE:

BKLN

)

When the PowerShares Senior Loan Portfolio debuted in March 2011,
there were probably a few critics that quietly said to themselves
“Huh, an ETF devoted to institutional leveraged loans? Yeah,
right. That concept won’t catch on.” Well, BKLN has proven the
naysayers wrong, quietly ascending north of the $500 million in
assets under management watermark. In fact, BKLN now has $561
million in AUM.

We were
bullish on the ETF heading into 2012

and that view has been rewarded with a decent gain of almost 4%.
In the past month, BKLN has lost a quarter of a percent, but
that’s still far better than what the SP 500 has offered.
Plus, BKLN currently yields 5.2% and pays a monthly dividend.

iShares Industrials Sector Bond Fund (NYSE:

ENGN

)

On Valentine’s Day, iShares showed conservative investors some
love by rolling out a broad suite of sector-specific corporate
bond funds. The iShares Industrials Sector Bond Fund was included
among that group. With a distribution yield of almost 2.9%, ENGN
is home to 81 issues that are largely investment grade. Investors
should note that under ENGN’s industrials umbrella fall retail,
software, food and beverage and media companies in addition to
traditional industrial firms such as Caterpillar (NYSE:

CAT

). ENGN has clawed its way to a small gain over the past
month.

iShares Utilities Sector Bond Fund (NYSE:

AMPS

)

The iShares Utilities Sector Bond Fund is the utilities
equivalent of the aforementioned ENGN, though this fund isn’t
100% concentrated to traditional utilities. Top-10 holdings
include issues from major MLPs such as Enterprise Products (NYSE:

EPD

) and Kinder Morgan (NYSE:

KMP

). As is the case with ENGN, AMPS pays a monthly dividend and
both funds charge a reasonable 0.3%. AMPS has also fought its way
to a small gain over the past month as investors have embraced
bonds over equities.

Focus Morningstar Communications ETF (NYSE:

FUI

)

Speaking of sectors that are favored destinations when markets
turn ugly, telecom is near the top of the list. With that, the
Focus Morningstar Communications ETF is worthy of a place in the
telecom ETF conversation. Unheralded and thinly traded, FUI has
the same expense ratio, 0.19%, as the Vanguard Telecommunications
Services ETF (NYSE:

VOX

), but FUI has outperformed the Vanguard offering in the past
month and sports a higher dividend yield.

(c) 2012 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.

Article source: http://articlefeeds.nasdaq.com/~r/nasdaq/categories/~3/uZ3RN8rQ6Ow/4-shelter-from-the-storm-etfs-bkln-engn-fui.aspx

{ 0 comments }

4 Shelter From The Storm ETFs (BKLN, ENGN, FUI)

by Source of Article on May 22, 2012

Even today’s bounce, probably of the dead cat variety, the
SPDR SP 500 (NYSE:

SPY

) is down more than 4% in the past month. The broader market
tracking fund also is still lower by more than 5% since the start
of May.

That is much is widely known and it’s also widely known that
it’s
not just U.S. equities that have been under
significant pressure

. Indeed, it feels as if almost every asset class under the sun
is being swept up in the broader market’s calamity these
days.

Fortunately, investors looking for some conservative,
shelter-from-the-storm ETFs are not short for options. Just look
at this quartet that has handily outperformed the SP 500
over the past month.

PowerShares Senior Loan Portfolio (NYSE:

BKLN

)

When the PowerShares Senior Loan Portfolio debuted in March 2011,
there were probably a few critics that quietly said to themselves
“Huh, an ETF devoted to institutional leveraged loans? Yeah,
right. That concept won’t catch on.” Well, BKLN has proven the
naysayers wrong, quietly ascending north of the $500 million in
assets under management watermark. In fact, BKLN now has $561
million in AUM.

We were
bullish on the ETF heading into 2012

and that view has been rewarded with a decent gain of almost 4%.
In the past month, BKLN has lost a quarter of a percent, but
that’s still far better than what the SP 500 has offered.
Plus, BKLN currently yields 5.2% and pays a monthly dividend.

iShares Industrials Sector Bond Fund (NYSE:

ENGN

)

On Valentine’s Day, iShares showed conservative investors some
love by rolling out a broad suite of sector-specific corporate
bond funds. The iShares Industrials Sector Bond Fund was included
among that group. With a distribution yield of almost 2.9%, ENGN
is home to 81 issues that are largely investment grade. Investors
should note that under ENGN’s industrials umbrella fall retail,
software, food and beverage and media companies in addition to
traditional industrial firms such as Caterpillar (NYSE:

CAT

). ENGN has clawed its way to a small gain over the past
month.

iShares Utilities Sector Bond Fund (NYSE:

AMPS

)

The iShares Utilities Sector Bond Fund is the utilities
equivalent of the aforementioned ENGN, though this fund isn’t
100% concentrated to traditional utilities. Top-10 holdings
include issues from major MLPs such as Enterprise Products (NYSE:

EPD

) and Kinder Morgan (NYSE:

KMP

). As is the case with ENGN, AMPS pays a monthly dividend and
both funds charge a reasonable 0.3%. AMPS has also fought its way
to a small gain over the past month as investors have embraced
bonds over equities.

Focus Morningstar Communications ETF (NYSE:

FUI

)

Speaking of sectors that are favored destinations when markets
turn ugly, telecom is near the top of the list. With that, the
Focus Morningstar Communications ETF is worthy of a place in the
telecom ETF conversation. Unheralded and thinly traded, FUI has
the same expense ratio, 0.19%, as the Vanguard Telecommunications
Services ETF (NYSE:

VOX

), but FUI has outperformed the Vanguard offering in the past
month and sports a higher dividend yield.

(c) 2012 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.

Article source: http://articlefeeds.nasdaq.com/~r/nasdaq/categories/~3/uZ3RN8rQ6Ow/4-shelter-from-the-storm-etfs-bkln-engn-fui.aspx

{ 0 comments }

ResMed Initiates Dividend

by Source of Article on May 22, 2012

Brought to you by eLearners.com

Article source: http://articlefeeds.nasdaq.com/~r/nasdaq/categories/~3/lKek4n7IzMc/resmed-initiates-dividend-analyst-blog.aspx

{ 0 comments }

← Previous Entries

Get Adobe Flash player