Acer suffers from floods in Thailand

Source: Marketwatch

Acer Inc. announced it still hopes the company will break even in Q4 despite problems caused by insufficient quantity of hard disks because of severe floods in Thailand. The effect of the dick shortage will be the strongest between December and February and the company plans to increase prices for some models of PC by 2%-3%, said Acer spokesman.

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Tue, 29 Nov 2011 08:41:21 GMT

Dollar falls on hopes of the euro-zone

The dollar decreased against the euro in Asian trading as hopes for solving the debt crisis in the euro-zone increased investors' confidence in common currency. The euro climbed to $1.3363 from $1.3307 in late North American trade yesterday. The British pound also added against greenback to $1.5520. The dollar index declined to 79.094 from 79.236.

Tue, 29 Nov 2011 10:32:45 GMT

Moody's to consider European banks' ratings

1.       Moody's Investors Service announced it is considering reducing credit ratings for financial institutions in 15 European countries to mirror the prospective exclusion of government support. Banks in France, Spain, Italy and Austria are most exposed to review of ratings as their governments face restrained fiscal flexibility. 

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