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localization

AOL's fast-growing, hyper-local news company Patch rolled out coupons on its sites last month. So far, the coupons appear to be of the traditional variety, but considering Patch's overall strategy and boots-on-the-local-ground base, I'd bet that it has a Groupon-clone under development.
Google appears to be negotiating to buy the popular local business-review site for as much as $500 million. That would help make Google a website that offers both global and local information -- and become more of a one-stop destination for consumers.
Globalization, basically international trade and the transfer of jobs to lower-cost centers, shifted into fifth gear during the recent economic expansion, with record hemisphere-to-hemisphere business. Moreover, while economists expect trade to rev-up again as the global economic recovery starts,...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.06-0.12
-1.47%
160.88M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.14%
99.13M
F
Ford
12.43-0.26
-2.05%
28.59M
GE
General Electric Company
18.79-0.34
-1.78%
27.41M

% Gainers

CIE
Cobalt International Energy
32.85 +8.95
+37.45%
14.45M
LNKD
LinkedIn Corp.
88.51 +12.12
+15.87%
9.39M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.14%
99.13M
WNS
WNS (Holdings) Limited (ADR)
10.60 +1.20
+12.77%
2.69M

% Losers

KV-B
K-V Pharmaceutical Co. Class B
2.10-0.53
-20.15%
6,579
NBG-A
National Bank of Greece SA (ADR)
5.68-1.07
-15.85%
127,291
OSG
Overseas Shipholding Group, Inc.
10.30-1.53
-12.93%
1.37M
AB
AllianceBernstein Holding LP
14.97-1.54
-9.33%
813,946
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