Financials
SEC Hunts Automated Trading
The US Securities and Exchange Commission Chairwoman Mary Schapiro Friday said her agency was reviewing what caused a software glitch at Knight Capital Group Inc., a brokerage firm, which threw the US stock market into chaos on Wednesday. Calling the incident “unacceptable,” the SEC chief said in a statement posted at the agency’s website that [...]
AZZ (NYSE: AZZ) incorporated Reports Results for the First Quarter
June 28, 2012. — AZZ incorporated (NYSE: AZZ), a manufacturer of electrical products and a provider of galvanizing services, today announced unaudited financial results for the first quarter ended May 31, 2012. Revenues for the first quarter were $127.1 million compared to $114.3 million for the same quarter last year, an increase of 11 percent. [...]
24-Hour Concierge Service Around the World
Black Card members enjoy the personalized assistance of our 24-Hour Concierge Service catering to entertainment, travel, business, shopping and lifestyle needs. With a phone call or email to our world class Concierge professionals, Black Card members can tap into an effective time management tool designed to improve quality of life, allowing you to focus on [...]
AAR Provides Preliminary Fourth Quarter Results and Outlook on Fiscal 2013
Consolidated sales for the fourth quarter ended May 31, 2012 are expected to be between $560 million to $565 million, which would represent the highest quarterly sales in the Company’s history. Diluted earnings per share are expected to be between $0.44 and $0.46 before the effects of special items. Cash flow from operations is expected [...]
France to meet deficit target despite pessimistic indicators
“France has made commitments to its partners to reduce its deficits… We will keep these commitments,” the minister told the state-run TV channel France 2. “I think we can quite achieve these objectives without austerity,” he added. Last week, France’s central bank estimated that the country’s economy would contract by 0.1% in Q-2 of this [...]
Prada (HK:1913) confident, net profits doubles
Prada soared as much as 9.8%, headed for the biggest gain since 27 October. The stock traded 7.5% higher at HK$48.85 as of 10:37 a local time, while Hong Kong’s benchmark Hang Seng Index declined 0.8%. Net income at the maker of luxury clothing and accessories rose to 121.7-M Euros (US$152-M) in the 3 months [...]
Danish central bank cuts interest rates to record low
Danmarks Nationalbank also cut the current account rate by 15 basis points to Zero % and cut the rate on certificates of deposit by 15 basis points to 0.05%. The rate changes take effect Friday, the bank said in a statement, adding the action followed its purchase of foreign exchange in the market, with the [...]
Macao’s trade deficit reaches US$676-M in April
Total merchandise export for April amounted to 643-M Patacas, with value of domestic exports decreasing by 7.1% to 194-M Patacas, the figures showed. Meanwhile, total value of merchandise export in the first four months of Y 2012 increased by 19.6% Y-Y to 2.62-B Patacas, of which value of domestic exports and re-exports rose by 2.8 [...]
Credit Card News: More Miles, Bigger Cash Bonuses for Customers
Credit Card News: More Miles, Bigger Cash Bonuses for New Customers The main difference with reward cards is that you are literally rewarded each time you spend money with it. The standard process is that you gain a certain amount of points for every dollar spent. It normally makes no difference whatsoever what you spend [...]
ASEAN News: Knightsbridge Law Extends Operations to Myanmar
Knightsbridge Law Extends Operations to Myanmar Changes in Myanmar have seen the very beginning of an Economic Boom as investment, taxation and commercial laws have been changing. Resource rich Myanmar is set to see unprecedented economic growth and the need for quality Legal, Lobby and Financial services has brought Knightsbridge Law to the country as [...]
Morgan Stanley (NYSE:MS) Trade Alert
Morgan Stanley (NYSE:MS) Last Friday a new 90-day call record for traded contracts was established in Morgan Stanley, with 3.4 Calls traded for each Put contract yielding a 0.29 Put/Call ratio. (Low) Options are often used as predictors of stock behavior. Investors can use Put/Call ratios as technical indicators to read for signs of institutional [...]
Geithner on Greece
US Treasury Secretary supports Greek reform package US Treasury Secretary Timothy Geithner Sunday threw US support behind the latest Greek economic reform package and said the United States would encourage the International Monetary Fund (IMF) to back this agreement. “We welcome the program of economic reforms agreed to by the Prime Minister of Greece and [...]
Banks and the US Economy
Bank lending is Key for economic growth Credit is the lifeblood of out modern economy. The breakdown of the credit markets was the major factor behind the severity of the economic downturn of Y 2008 and the Key reason the recovery has been so sluggish in the developed western economies. Note: rebounds from inventory recessions [...]
Red Alert: Assured Guaranty Ltd. (NYSE:AGO)
Red’s Bull Trade Alert: Assured Guaranty Ltd. (NYSE:AGO) 16 January 2012 Profile: Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company offers insurance, reinsurance, and credit derivative products that protect holders of debt instruments and other monetary obligations [...]
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China Economy in for a Shock
Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …
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UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Commodities; Crude Oil ends the Week 2.3% Lower, Nat Gas Gains 4.4%
Jul Crude Oil lifted off its session low of 93.04 set moments after floor trade …
The Hot List
Roulette, The Devil’s Game
All of the numbers on a Roulette Wheel add up to 666, hence, that is why roulette is referred to as “The Devil’s Game.”
Roulette …
shoutbox
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Tue, 04/30/13 | 0 Comment
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Guest: gsat get it now. if u snooze u lose
Fri, 04/19/13 | 0 Comment
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