Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
CEE currencies weakened on rising tensions in Greece »
Fri, Feb 26 2010, 09:23 GMT
felt some negative spill over effect form rising Greek sovereign risk premium and it eased slightly yesterday. Nevertheless, the EUR/CZK pair failed to break above the psychological resistance standing at the 26.0 level. Nevertheless, it seems that the pair has been finally successful to bounce above this [...]
Former Kmart head ordered to pay millions (AP) »
DETROIT – A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002.
However, the judge denied an SEC request that would have prevented Charles Conaway from serving as an officer or director at another public company.
“I [...]
GBPUSD falls sharply but rebounds. The 1.4854 level key level on downside now »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
SEC examines destabilizing effects of CDS (Reuters) »
, a
that can be used to speculate on an issuer's credit worthiness.
.N) and other
helped Greece arrange derivative deals.[nN25251885]
The SEC would not confirm or deny it was investigating Goldman's role in Greece.
“As an agency, we have been examining potential abuses and destabilizing effects related to the use of credit default swaps [...]
Bobbys Corner-Open Market-March.1.2010 »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Prudential confirms to buy AIG Asia for $35.5 billion »
Prudential confirms to buy AIG Asia for $35.5 billion
PRU.L
AIG.N
) Asian life insurance arm for $35.5 billion, making it the undisputed foreign leader in one of the world’s fastest-growing financial services markets.
The acquisition of AIA will be funded by a rights issue of $21 billion including costs and fees, the biggest ever [...]
Dollar extends gains vs. majors »
Dollar extends gains vs. majors
Mon, Mar 1 2010, 11:46 GMT
Investors are patiently waiting for the jobs report that is to be released from the U.S. economy this week, sinceit will help us determine the current job conditions in the economy. Currently, we see that the dollar is surging in the markets [...]
Pepsi gives forecast for ‘11, ‘12; backs ‘10 view »
Pepsi gives forecast for ‘11, ‘12; backs ‘10 view
PEP.N
) backed its outlook for 2010 and said it expects earnings per share to rise at a low-double-digit rate on an constant-currency basis in 2011 and 2012.
The soft-drink maker, which just closed its purchase of bottlers Pepsi Bottling Group and PepsiAmericas Inc, said it [...]
Manufacturing sector grew in February: ISM »
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which requires fair presentation and [...]
Fed officials at odds on right level for rates »
Two top Fed officials on Friday offered divergent signals on interest rates, with one arguing they should remain near zero for at least six months and another wishing to raise them “sooner rather than later.”
to keep borrowing costs at exceptionally low levels for an extended period, which he defined as lasting three or four [...]