5 Things You Need To Know Today!

5 Things You Need To Know Today!

By The Main Report Editors

Welcome to EXECUTIVE FOCUS for 26 - November - 2013. Below you will find
today's top five stories containing valuable content and daily talking points.
/ Smartphones Now Dominant Force
Executive Focus
A report by International Data Corp says world wide smartphone sales are expected to top 1bn this year, driven by low-cost handsets and gains in emerging markets, double the half a billion sold just two years ago. The research firm says the smartphone market will grow 40% this year, and it will likely grow to 1.7bn annually by 2017.
It says overall mobile phone sales will grow 7.4%, rebounding from a nearly flat year in 2012. Total mobile handset sales are expected to be some 1.8bn. IDC says the smartphone has gone from being a cutting-edge communications tool to becoming an essential component in the everyday lives of billions of consumers.

/ Weapons Systems Are Getting More Deadly
Executive Focus
The new Russian Terminator armoured vehicle has a devastating array of weapons, and a fast manoueverable chassis. Here is the vehicle during testing, firing all its weapons:

/ Style: Blue Shirt - Red Or Purple Tie For Promotion
www.themainreport.co.nz
A new UK study has found men wanting a promotion should come to work wearing a light blue shirt and dark blue tie. The research found red and purple ties are the next most popular garments to wear for those looking to do well at work. The study also found 82% of men do not wear a suit and tie anymore, while 58% say their work outfit is motivated by a desire to be smart and to impress their boss and clients. Style experts say there is no longer a male work "uniform" - instead men make their own work wear style choices across the board whatever shape and size men are.

/ Transpower Goes To Market
www.nzenergy-environment.co.nz
Transpower is going to the market to raise up to $200m through five-year bonds. The grid operator is offering $100m, with a further $100m in oversubscriptions, of unsecured, unsubordinated bonds with a 5.14% annual interest rate to mainly fund capital expenditure. The issue price per bond will be determined on November 27, following a bookbuild process. The bonds are expected to be listed on the NZX debt market with a credit rating of AA- by Standard & Poor’s and A1 by Moody’s Investors Service.

/ Stocks In "Zone Of Reasonableness"
www.health-wealth.co.nz
The Dow Jones Index hit 16,000 for the first time in this month, and the index has gained more than 3,000 points this year alone. Some analysts believe investors could be riding the bull market into a bubble. Billionaire Warren Buffet, chairman of Berkshire Hathaway, says stocks are not overpriced, even as some say we are approaching bubble territory. Buffet says they're in a "zone of reasonableness."
Five years ago they were very cheap. And every now and then, you can see that that they're very overpriced or very underpriced. Most of the time, they're in an area where maybe they're a little high, a little low, and nobody really knows exactly. They're definitely not way overpriced. They're definitely not underpriced.
Buffett also says he doesn't have concerns about the market, taking the long view. He says "we look at owning stocks as owning parts of business, just like owning a farm or an apartment house. And if you buy the right farm or house or the right business through a stock, and you don't try and guess whether it's going to go up next week or next month, but you hold it for five or 10 or 20 years, you're going to.

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