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Stock Buzz Jan 14th 2010

By CROW -
02:23 PM Thursday , 14 January It is a steady session for our market. Sensex is trading at 17,601, up 90 points and Nifty is at 5,264, up 30 points from the previous close. Source : IRIS 01:51 PM Thursday , 14 January Our market is seeing some turbulence and trending little lower. But the midcap out performance continues. Sensex is trading at 17,540, up 30 points and Nifty is at 5,246, up 12 points from the previous close. Source : IRIS 01:50 PM Thursday , 14 January The market is trading firm. Sensex is trading at 17,588, up 78 points and Nifty is at 5,262, up 28 points from the previous close. Source : IRIS 01:49 PM Thursday , 14 January At this hour the market has come off the morning`s high but still trading with gains. Asian markets are also looking firm. Sensex is trading at 17,569, up 59 points from its previous close, and Nifty is at 5,257, up 23 points. Source : IRIS 09:46 AM Thursday , 14 January The market opens on a reasonably strong note. Earlier, the ...
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FY2010 H1B quota

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After many months of little or no movement, we are at last seeing an increasing number of new H1B petitions accepted by the USCIS under the fiscal year 2010 quota. As of November  27 th , the USCIS reported that they had received approximately 58,900 petitions. The annual quota limit is 65,000. The law provides special set asides of up to 6,800 numbers for petitions filed for citizens of Chile and Singapore, under special free trade agreements. Technically, this reduces the overall quota to 58,200. Most of the Chile/Singapore set asides, however, are returned to the main pool and used by "regular" H1B petitioners. Given that this is a relatively small number, however, it shouldn't delay by too long the date on which the quota is finally reached.   Given the increasing number of filings, and the new sense of urgency that will undoubtedly result in more speculative filings by people hoping to get in while visas are still available, we can expect to see the quota r...
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Backlog for EB1, EB2 & EB3

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  Following the release by the USCIS of their backlog statistics in September, many prospective immigrants began to reevaluate the idea of upgrading to higher preference classifications. Central to any such decision is the answer to the question "How long do I have to wait if I remain in my present classification?" The purpose of this article is to help applicants try and determine just how long that wait will be. Direct link http://imminfo.com/News/Newsletter/2009-12/just_how_bad_is_the_backlog.html The answer to that question, like most things, is complex. It depends on several factors that are unknown at this time. These include: ·          There is an unknown number of pending AOS cases that have not yet been classified or reviewed. ·          In the case of EB2, there is an unknown number of EB3 applicants who are actively in the process of upgrading to EB2. ·    ...
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