News

As long-term US interest rates rise and negative global reactions roll in to the Federal Reserve’s November 3 announcement of a further US$600 billion round of “quantitative easing” purchases of Treasury bonds, aka QE2, one question becomes uppermost to the inquiring mind: even though there’s a huge amount of competition for this title, is it […]

FrontPoint Partners LLC allegedly traded on illegal tips passed on by a French doctor about a clinical drug trial that saved the hedge fund firm $30 million in losses, regulators and industry sources said on Tuesday. The U.S. government did not name the Greenwich, Connecticut-based hedge fund firm, which investment firm Morgan Stanley <MS.N> is […]

■ Wolseley, the supplier of goods to the plumbing and heating trade, is to resume paying dividends at the interim stage next year after finishing the old year with a flourish. ■ Unilever is paying $3.7bn (£2.3bn) in cash for America’s Alberto Culver, adding the TRESemmé, Nexxus, VO5, St Ives and Simple brands to the […]

Investors are pursuing their part of the $8 million estate a Fayetteville businessman left behind along with more than $40 million in debts when he killed himself. Multiple media outlets reported that bank founder and financier Raymond Lee Mulkey Jr. left investors wondering if he was running a Ponzi scheme. Fayetteville lawyer Lonnie Player Jr. […]

Continental Europe in both brand and investor terms means Carlsberg and Fiat, Ikea and Kit Kat, Nokia and Renault. These are household names on a global basis but their headquarters lie outside the UK. Problems with the euro should not deflect those holding sterling from seizing the opportunity to buy into some of the world’s […]

RMD Entertainment Group announces that the company is considering a merger with a US-based athletic food & beverage and apparel maker. RMDM (“the issuer”) management entered into merger negotiations with this California company. Incorporated in 1996, the California company (“the Company”) offers a line of food & beverage products, as well as apparel, bearing worldwide […]

Derivatives 101

In: News

6 Aug 2010

Investing has become much more complicated over the past decades as various types of derivative instruments become created. But if you think about it, the use of derivatives has been around for a very long time, particularly in the farming industry. One party agrees to sell a good and another party agrees to buy it […]

PMI shares drop 15% after quarterly results BOSTON (MarketWatch) — Shares of PMI Group Inc. were among the steepest percentage decliners on the New York Stock Exchange in midday trading Thursday, dropping 15% after the mortgage insurer reported another quarterly loss. After charges, PMI said its second-quarter loss was 88 cents a share, compared with […]

Agricultural Bank of China Ltd., the last of China’s “Big Four” state-controlled lenders to list shares, headed toward its stock debut in Shanghai on Thursday, with gains expected for the shares. AgBank was predicted to see a rise of between 3% and 12%, according to analysts cited by CNBC ahead of the Shanghai open. The […]

Retail stocks drop for a second day; Costco raised NEW YORK (MarketWatch) — Retail stocks declined for a second day after retailers’ less-than-expected June sales growth rate raised concerns that chains may have to increase discounts to clear unsold inventory ahead of the back-to-school season. The S&P Retail Index fell 0.2% to 392.13. Costco Wholesale […]



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