Today: FINANCIAL News, Money, Banks, Stock, Economic and Financial Crisis, May 30, 2011

Search

ALS, Alexander Language Schools Franchise


May 30, 2011

FINANCIAL News, Money, Banks, Stock, Economic and Financial Crisis, May 30, 2011

Hong Kong stocks inch higher on banks, China dips
Reuters
In a sign of easing liquidity in China's financial system short-term money markets rates dropped sharply and helped banking shares, which have heavy weightings on benchmark indexes and whose valuations were already attracting investors. ...
See all stories on this topic »

President Obama's Financial Portfolio
San Francisco Chronicle
Although the Obamas may have to keep that money where it is, you don't have to. If you have a sizable sum (say, more than $5000) in a bank account, consider other options. Mutual funds, bonds and index funds are all great choices. ...
See all stories on this topic »

Three charts to start your week
Globe and Mail
As he points out in a new report, the shares of most US banks and otherfinancial firms have continued to slide despite rescue efforts by Washington that have been nothing short of heroic. “Never has so muchmoney been lavished for so long [on] so few ...
See all stories on this topic »
Globe and Mail

Gearing up to build on wealth
Sydney Morning Herald
As the end of the financial year looms ever closer (only 32 sleeps), the thoughts of investors naturally turn towards tax-effective ways to makemoney. Don't be surprised, then, if the media, your accountants andfinancial advisers start talking about ...
See all stories on this topic »
Sydney Morning Herald

JPM Preferred: Profit From the Bank's 'TBTF' Status While Earning Above ...
Seeking Alpha
Considering the market's concerns about the financial industry and the low dividend yields of money center banks, investors should take a closer look at JP Morgan's preferred stock which offers a better yield than the common stock and potentially ...
See all stories on this topic »

The Fed Is Not Printing Money The Fed Is Not Printing Money
The Market Oracle
Bank credit is basically flat with no indication of a near-term turnaround. The same goes for GDP which was just revised to a measly 1.8% for Q1. QE2 has not spurred more growth at all. All it's done is shift more wealth tofinancial elites and Wall ...
See all stories on this topic »
The Market Oracle

all-round gains
Business Recorder
Thanks to the higher export proceeds and record remittances, the country's foreign exchange reserves rose to 17.07 billion dollars in the week ending on May 21 from 16.97 billion dollars of previous week, an official of the State Bank of Pakistan (SBP) ...
See all stories on this topic »

Alluring but dangerous …the truth about ETFs
Daily Mail
Alternatively they can enter into a 'funded swap' with money held in a ring-fenced account. Neither strategy provides total security. Funds can also earn extra fees by lending out stock they hold to other financialinstitutions. ...
See all stories on this topic »
Daily Mail

Bank lobby probe closes in on senior officials, politicians
The Korea Herald
The former BAI official, however, denies any wrongdoings, insisting the money he received was fee for his legal advice. He worked as a legal adviser to the bank for two years since 2005. The Financial Supervisory Service, in February, suspended the ...
See all stories on this topic »

Kibaki to preside over Uchumi's return to trading
Business Daily Africa
Growing profitability means that the retailer is not under pressure to raisemoney to cover interest payments. Uchumi estimates that it will make Sh422 million in net profits in this financial year. The same three-year period will also see the retailer ...
See all stories on this topic »
Business Daily Africa

India gold loans market turns competitive, more banks, FIs in fray
Commodity Online
Meanwhile, Muthoot Finance Ltd, India's largest gold financing company whose Initial Public Offering (IPO) was heavily oversubscribed and subsequently listed in BombayStock Exchange (BSE) this month has announced plans to take gold loan business ...
See all stories on this topic »

Banks rely on foreign partners to raise capital
Viet Nam News
A banking official said Viet Nam's performances in the financial sector in recent years has been impressive, so many foreign investors were ready to spend money by acquiring strategic stakes in Vietnamese banks. The State-run Viet Nam Joint Stock ...
See all stories on this topic »

NMB now leading in terms of profit
IPPmedia
Reacting to journalists question on a report to the bank's third annual general meeting since it was listed on the Dar es Salaam Stock Exchange in 2008 Wiessing said the year 2010 was “another notable year for NMB”. “We have produced good financial ...
See all stories on this topic »
IPPmedia

Make money online with a parent of online forex: FXCM
Ecommerce Journal
Every trade is executed back to back with one of the world's premierbanks or financial institutions, which compete to provide FXCM with bid and ask prices. Micro account is aimed at people new to forex trading. It requires as much as $50 as a minimum ...
See all stories on this topic »
Ecommerce Journal

Equity-related loans rise sharply
JoongAng Daily
Some analysts worry that the increase in lending by brokerage firms increases risks to the financial sector in light of the problems faced by savings banks as a result of excessive construction-related project financing. The Financial Supervisory ...
See all stories on this topic »

Financial Sector Summary: BLK, GE, C
TomRollins.com
The company has a beta of 2.52, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 3.1; P/E of 13.21. It operates in Financial sector and belongs to Money Center Banks ...
See all stories on this topic »

S Korea's investments in foreign securities fall 0.3% in Q1
People's Daily Online
Korean Paper refers to foreign-currency-denominated securities sold overseas by the South Korean government, financial institutions or companies. The decline in overseasstock investments was mainly attributable to asset managers retrieving their money ...
See all stories on this topic »

Self-regulatory body for stock exchanges is not a good idea
Economic Times
Financial services are different. The business of directly dealing with other people'smoney possibly creates more powerful opportunity of acting unfairly. Maybe SROs work well in some areas and not in some others. But, they are uniquely unsuitable for ...
See all stories on this topic »

More companies taking shareholder meetings on the road
Chicago Daily Herald
Attendees say executives promised to take questions at the end but never did, and exited quickly through a back door after holding a vote to approve the acquisition by BMO Finance Group, the parent of the Bank of Montreal. “How can shareholders cast an ...
See all stories on this topic »

Galbraith on Goldman Sachs and the Fed
Salem-News.Com
Then came the crash of 1920-21. Now the Federal Reserve clamped down on bank lending and helped to make the resulting depression worse. In 1927, as the great stock market boom was getting under way, it eased credit… This helped finance the stock ...
See all stories on this topic »
Salem-News.Com

Britain gets boost from TheCityUK
Arab News
There are currently 22 banks in the UK, of which 5 are stand alone Shariah-compliantbanks, offering Islamic finance products, exceeding that of any other Western country. There were 5 Sukuk listings at the London Stock Exchange in 2010 and one in ...
See all stories on this topic »

Robert Scheer: Film gives Obama's financial team a pass
San Gabriel Valley Tribune
These were the same CDOs that AIG backed with phony insurance "swaps," resulting in the Geithner-led $170 billion bailout of the company with the money passed through to Goldman and the other banks covered by AIG. Neither the CFMA nor the heroic and ...
See all stories on this topic »

Record Low Interest Rates Create Stampede to Issue Corporate Bonds
Money Morning
By David Zeiler, Associate Editor, Money Morning With interest rates at or near historic lows, companies have been issuing corporate bonds at a breathtaking pace, setting a weekly record this month. Excluding financial services companies, ...
See all stories on this topic »

Enhancing the gains of capital market reforms
BusinessDay
Few scholars hold the position that liberalization invites speculative hot money flows and increases the likelihood of financial crises with no discernible positive effects on investment, output, or any other real variable. ...
See all stories on this topic »

Guess what, Emirates is India's national carrier, says Madhavan Menon
Daily News & Analysis
In 2007, Thomas Cook Plc bought the company back from Dubai Financial. By this time Thomas Cook had merged with a company called MyTravel and become a far stronger financial body and re-emerged as a member of the London Stock Exchange (LSE). ...
See all stories on this topic »
Defensive stocks are safe bets in volatile market condition
Economic Times
These are the defensive stocks, which outperform the markets during a bearish phase and are safe bets in a volatile climate. Here's how you can provide a cushion to protect your portfolio by allocating some money to these stocks. ...
See all stories on this topic »

PSG favours higher quality companies where expectations are low
Moneyweb.co.za
And, most importantly, there is no apparent quick-fix for the woes of the European Union as it seeks to walk the tightrope between the very stretched fiscal budgets of member unions and under-capitalized banks. Just like in 2007 we were worrying about ...
See all stories on this topic »

Why safe corporate bonds aren't so smart anymore
The Associated Press
That has allowed Corporate America to put trillions of dollars in their coffers and has sent billions of dollars to Wall Street banks who help them arrange the deals. This has been good for the economy. But investors are another story. ...
See all stories on this topic »

How are Ukrainians saving?
The Day Weekly Digest
A third of the respondents (33 percent) still retains trust in the national banking system and deposits their disposable income in a bank. Incidentally, when choosing a specificfinancial institution and the type of deposit, most of those polled take ...
See all stories on this topic »

Know your risk
Bangkok Post
Market participants expect that as deposit coverage drops sharply, many more people will start shifting money into fixed income, mutual funds,stocks, futures, gold and property. But investments promising higher returns than bank savings also come with ...
See all stories on this topic »
Bangkok Post

Belarus changes structure of currency operations
Pravda
On May 24, the National Bank of Belarus has depreciated the ruble by 36%. It reinstated the restriction on the volatility of stock in all market segments and refused to support the new rate with foreign exchange intervention, Fundmarket.ua reports. ...
See all stories on this topic »
Pravda

'Dim Sum market' yet to draw more non-Chinese issuers
Channel News Asia
Fundsupermart general manager Wong Sui Jau said: "They have no problems raising such money whether from loans, with local banks or... through rights issues, shares issues, (or) through the local stock markets here. "So that's why, for them to... ...
See all stories on this topic »

The silver lining in falling bank stocks ... - Fortune Finance
Following the money in banking, economics, and Washington ... The bad news for those holding financial stocks is that the banks are looking like just as bad ...
finance.fortune.cnn.com/.../the-silver-lining-in-falling-bank-st...

Mad Money's Jim Cramer on CNBC: A Bank Stock Worth Banking On? - CNBC
To put it mildly, Cramer isn't exactly excited about bank stocks right now. .... Global Business and Financial News, Stock Quotes, and Market Data and ...
www.cnbc.com/id/.../A_Bank_Stock_Worth_Banking_On

What's holding back the bank stocks? - USATODAY.com
A: Bank stocks emerged from the financial crisis as surprising heroes. ... Matt Krantz answers a new question every weekday at money.usatoday.com. ... Every Friday, get a week's worth of USA TODAY's personal finance news and columns. ...
www.usatoday.com/money/.../2011-05-23-bank-stocks_n.htm

Financial Institutions Increases Quarterly Dividend by 20 - MSN Money
"Our solid underlying financial performance places us in a select group of communitybanks nationally, as evidenced by our inclusion among SNL Financial's 100 ... The Company's stock is listed on the Nasdaq Global Select Market under the ... Recent investing news. Xtra-Gold Announces Annual and Special Meeting of ...
money.msn.com/business-news/article.aspx?feed=PZ...

Bank Stocks Discounted By 81%: Oppenheimer | Money Watch Finance
Smart, practical personal finance advice about your retirement, investing, savings, career and real estate. Keep up to date on the latest economic news that ...
finance.bnet.com/bnet/news/read?GUID=18543748

Tom Petruno, banks: Bank stocks suffer as fallout from the ...
The money merchants' legal ills don't end there. Goldman Sachs' stock has been ....The latest in daily financial news, closing stock market quotes and ...
www.latimes.com/.../la-fi-0528-petruno-banks-20110528,0,91...

Mining and bank stocks boost FTSE - Latest business, finance and ...
Latest financial and money news on DailyFinance UK. Find comprehensive financial... Mining and bank stocks boost FTSE. May 27th 2011 - 5.20pm. Text SizeAAA ...
money-news.dailyfinance.co.uk/.../banks_boost_ftse_ahead_o...

Bank stocks set for further volatility - Yahoo!7 Finance
Analysts expect shares in local banks to continue to fall as the level of debt ... but are being sold off because they heavily rely on money from overseas markets. ... in those markets changes it tends to flow back into Australia," he told ABC News. ... He says, as a result, financial stocks will remain volatile. ...
au.finance.yahoo.com/.../Bank-stocks-set-further-abc-205046...

Bank of Baroda - Fixes Book Closure for Dividend & AGM - Sulekha Money
Updated on : May 30 2011 11:44AM View more Bank of Baroda news ». Bank of Baroda Blogs ... more stock market news ». Finance - Banks - Public Sector Stocks...
money.sulekha.com/bank-of-baroda-fixes-book-closure-for-di...

BlackRock climbs, defying trend in financials Financial Stocks ...
Money manager will buy back $2.5B stake from Bank of America ... The three of the four financial stocks in the Dow Jones Industrial Average (DOW:DJIA) ... World Newsfrom MarketWatch. Europe Asia Canada Latin America Emerging Mrkts ...
www.marketwatch.com/.../blackrock-gains-with-financial-sect...

Oppenheimer: Buy Bank Stocks Now - Deal Journal - WSJ
That's the question about bank stocks, which have been getting absolutely ... work forbanks right now because hangovers from the financial crisis — money ... decade for the banks to shake out their business model in the new world order ...
blogs.wsj.com/deals/.../oppenheimer-buy-bank-stocks-now/

Taiwan stocks rise led by banks | G7Finance.com - Finance News ...
G7Finance.com – Finance News & Personal Finance Resources Finance News, ...Taiwan stocks rose 0.2 percent on Friday, with banks like Mega Financial gaining ...
g7finance.com/g7finance.../taiwan-stocks-rise-led-by-banks/

AVAFIN: Financial news, insight and screeners into market trends ...
TRUPs were listed on the New York Stock Exchange (NYSE) under the trading ...Following the repayment of the bailout money, many banks started exerting ...
www.avafin.com/.../zacks_Fifth_Third_Redeems_8.875_TRU...

Online poker payment processor admits US charges - Best Growth ...
“I was aware that most U.S. banks did not process the payments … and I understood U.S. ... Judge Kevin Nathaniel Fox at the plea proceeding how much money was involved, .... Business and financial news provided by Best Growth Stock LLC. ...
www.bestgrowthstock.com/.../online-poker-payment-processo...

LinkedIn's IPO priced at $45 a share - Financial News USA
Where should I be financially? and Interne... » NEW YORK (Money) -- I'm ... stock in these offerings is typically sold to investment bankers' top customers. ...
www.financialnewsusa.com/.../23155-linkedins-ipo-priced-at-...

Stocks Set To Slide On Eurozone Worries - Money
Financial stocks were under pressure, with shares of Bank of America (BAC, .... 2011 Cable News Network. A Time Warner Company. All Rights Reserved. ...
money.cnn.com/2011/05/23/markets/premarkets/index.htm

economy money today | Economy makes breaking News | Healt ...
economy money today | Economy makes breaking News | Healt Financial ... When a small business incorporates, they issue common stock to its investors. ... The rate should be competitive to what a bank would offer in a CD. ...
economymoney.tk/issuing-preferred-stock.html

Wells Fargo: Financial Loser : News Mild : http://www.newsmild.com
WFC - Stock Quote for Wells Fargo Co - MSN Money Fed tells Bank of America ...Loser - Finance News - NEW YORK TheStreet -- On a weak day for bank stocks, ...
www.newsmild.com/?p=21490&upm_export=doc
Howard Marks - How Quickly They Forget
Benzinga
Just two and a half years ago, in the depths of the financial crisis, I was convinced that pro-risk psychology had undergone lasting damage. With investment banks, rating agencies and financialengineers defrocked, no-lose investments collapsing, ...
See all stories on this topic »
GraceKennedy revenues flat
Jamaica Gleaner
Banking and investments contributed $545.3 million or 21.2 per cent compared to $104.9 million in 2009, reflecting a recovery from bond trading losses incurred at FirstGlobal Bank in 2009, the result of irregular trading activities. ...
See all stories on this topic »
Jamaica Gleaner


email: info@als-alexander.org or interalex2@gmail.com  

No comments: