Nov Trends - Money Market News

Money Market News

Sharing Wisdom Found to Improve Quality of Life Tuesday, January 6, 2009 @ 2:27AM Want to Share More Wisdom in the New Year? Follow Don Cenobio on Twitter. (PRWeb Jan 6, 2009) Read the full story at http://www.prweb.com/releases/2009/01/prweb1817674.htm
A look back at 2008 Tuesday, January 6, 2009 @ 2:26AM2008 may be a year to go down in national history, just as 1929 is a year remembered for the notorious stock market crash that sent both the nation and the world into a decade long economic depression.
Dems take over Wis. Legislature amid fiscal woes Monday, January 5, 2009 @ 4:47PM Democrats officially began their control of the Legislature on Monday, taking office under the cloud of a projected record-high $5.4 billion budget shortfall and concerns that higher taxes and job cuts may be inevitable.
What investors do not want again in 2009 Monday, January 5, 2009 @ 4:47PMThe fight between the Ambanis, Lehman collapse, Mumbai terror strikes, Satyam-like corporate governance fiasco, sky-rocketing inflation, massive layoffs, ballooning interest rates, acute credit crunch and pitfalls of a coalition government — having seen all these unfold during 2008, investors do not want to see a repeat of any of this in the new year.
Annexing would be costly to city Monday, January 5, 2009 @ 4:47PMAnnexation of four areas adjacent to the Del Rio city limits would cost far more than any tax revenue the city might realize from property in those areas, city council members learned Tuesday.
HDFC MF replaces ICICI Pru to be the second-largest in assets Monday, January 5, 2009 @ 4:47PMLIC Mutual Fund breaks into the top-10 club, claims ninth slot. The stock market crash of 2008 has changed the pecking order of the top 10 mutual funds in terms of their average assets under management (AAUM).
Canadian automakers post worst December sales slump Monday, January 5, 2009 @ 4:45PMLast month was the worst December for Canadian car and truck sales in 13 years. Analysts say sales could continue to spiral downward in 2009 and beyond.
Bond yield drops to four-year low, recovers Monday, January 5, 2009 @ 4:44PMMassive profit-selling leads to the bounce-back. Trading in government bonds began on a euphoric note in response to the aggressive interest rate cut by the Reserve Bank of India and the government’s financial stimulus package.
Choctaws cut 570 jobs, partial shutdown of casino Monday, January 5, 2009 @ 4:44PM(AP:JACKSON, Miss.) The Mississippi Band of Choctaw Indians says it will operate its Golden Moon Hotel and Casino only three days a week and is eliminating 570 non-tribal staff positions as part of a broad restructuring plan intended to save money.
BRIEF-Education Realty Trust cuts quarterly dividend Monday, January 5, 2009 @ 6:35AMEconomic Commentary - Bonds in 2009: A Tough Call by Euro Pacific Capital, Inc. Mon, Jan 5 2009, 11:51 GMT
Related reports Monday, January 5, 2009 @ 6:35AMNote: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement . Please read our privacy policy and legal disclaimer .
U.S. stock futures mixed Monday, January 5, 2009 @ 6:33AMAuto sales data out Monday will help determine sentiment
US stock futures mixed ahead of auto sales data Monday, January 5, 2009 @ 6:32AM(AP:NEW YORK) Wall Street proceeded warily into the first full week of 2009, trading mixed in premarket activity Monday ahead of readings on auto sales and construction spending.
SEC to be questioned about Madoff scandal Monday, January 5, 2009 @ 6:31AMOn Monday, a House panel will look into how Bernard Madoff continued to operate his alleged investment fraud without an agency investigation.
Nigeria: NIPP Project Cost Was Inflated - Report Monday, January 5, 2009 @ 6:30AMThe cost of the Nigerian Integrated Power Project (NIPP) embarked upon by former president Olusegun Obasanjo is alleged to have been inflated.
Wilton-based beverage brands jump on the celebrity bandwagon Sunday, January 4, 2009 @ 11:47AMDespite the struggling economy, a Wilton-based beverage company is expecting to succeed with new products, including a line of beverages named after celebrities.
NEWSWEEK International Editions: Highlights and Exclusives, January 12, 2009 Issue Sunday, January 4, 2009 @ 11:42AM based international force to be put in the West Bank that would later transfer control to the Palestinians, and a plan for what to do about the Palestinians who fled or were forced from their territory in 1948, and their descendants.
PECO Energy to raise natural gas delivery charges Sunday, January 4, 2009 @ 11:37AMAn increase in the rate PECO Energy Co. charges customers for natural gas delivery will increase this week, according to published reports.
After a year of calamity, markets face arduous recovery Sunday, January 4, 2009 @ 7:41AM After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines,
Tiny yields challenge money funds, investors Sunday, January 4, 2009 @ 7:38AMThree months after the government stepped in to prop up reeling money-market funds, the $3.8 trillion industry is largely healthy again, with money flowing back
Hirco investors against promoter kin firm buyouts Saturday, January 3, 2009 @ 10:58AMShareholders of AIM-listed Hirco, an investment vehicle of Mumbai-based realtor Hiranandani group, are threatening to revolt against a possible restructuring of the company that includes acquisition of two firms run by the promoter family, a media report said.
Jim Walker Saturday, January 3, 2009 @ 10:49AM, the founder and managing director of Hong Kong-based Asianomics, believes that the worst is not yet over and there could be bad news flowing with regards to industrial and GDP numbers. The corporate earnings could equally be in bad shape and surprise the markets.
Local retailers buck seasonal sales trends Saturday, January 3, 2009 @ 10:48AMNationwide, holiday sales may have been painfully disappointing for many big box and other chain stores, but the majority of both large and small retailers in Menomonie report better-than-expected receipts during the Christmas shopping season.
Venture capital industry squeezed Saturday, January 3, 2009 @ 10:47AMA dearth of initial public offerings and mergers has created a drought-like condition for early stage investors, according to a new report that sheds light on the troubled ecosystem of Silicon Valley. "The liquidity markets have essentially been cut off for...
Banks: Short-term boost Saturday, January 3, 2009 @ 10:47AMUntil the economy starts gaining momentum, the core business of banks will remain under pressure. By reducing the reverse repo rate to 4 per cent the central bank is making it unexciting for banks to park their surpluses with it.
More Stories Saturday, January 3, 2009 @ 10:32AMDirector Shankar’s dream of making it to Hollywood might well come true, thanks to the efforts of Sun Pictures, who has taken over the production rights of the director’s mega Project Endhiran: The Robot.
Long-Term Treasuries Tumble Most in 3 Months on Stocks, Supply Saturday, January 3, 2009 @ 10:32AMJan. 3 (Bloomberg) -- Treasury 10-year notes and 30-year bonds fell the most in three months as stocks and the dollar rose, signifying a growing appetite for risk among investors, and the U.S. prepared to sell more debt next week.
Biotech blessings Wednesday, December 31, 2008 @ 8:52PMLike an American high-school sports movie, this book is chock-full of high-five moments, lumps in the throat and moist eyes caused by honest, morally fibrous and sporting actions by the underdog, team practices that stress equality and shared responsibility, running drama when bullies try and grab the hard-won ball (via, in this case, lawsuits), occasional high drama when a disloyal member of ...
Buying Less Expensive Wine, and More of It Wednesday, December 31, 2008 @ 8:46PMIn response to the economic downturn, alcohol retailers and industry experts say, consumers have been trading down for less expensive wines and spirits.
High taxes in Russia make Imperial buy costly for OVL Wednesday, December 31, 2008 @ 8:45PMONGC Videsh Ltd (OVL), the overseas investment arm of India’s largest oil producer Oil and Natural Gas Corporation (ONGC), has bought UK-based Imperial Energy, which has oil producing assets in Russia, at a valuation of $3 per barrel of oil reserves.
For Buyout Firms, More Pain in 2009 Wednesday, December 31, 2008 @ 8:45PMBuyout bosses don?t have much to look forward to this year: debt markets aren?t likely to rebound much and traditional leveraged buyouts will be scarce.
Do more than you think is needed: Bimal Jalan Wednesday, December 31, 2008 @ 8:45PMBimal Jalan refuses to make a forecast on economic growth, this year or the next. But he does confess that a week or two ago, he might have expected 5 to 7 per cent growth this year. Now he has downgraded it to 4 to 6 per cent, saying he would be surprised if it settles outside that range.
Tumbling crude hurts oil companies in 2008 Wednesday, December 31, 2008 @ 8:43PM Oil companies may have notched extraordinary profits in 2008, but their shares have largely tumbled with the price of crude as a broad recession cut into demand globally.
Treasury Department Insists Bailout Program is Helping Wednesday, December 31, 2008 @ 8:43PMWASHINGTON (AP) - The Treasury Department is defending its management of a $700 billion bailout program amid criticisms about confusing shifts in strategy and deficiencies in tracking how the money is being used.
Asia Money Rates Extend Drop, Libor to Fall as Squeeze Wanes Monday, December 29, 2008 @ 11:56PMDec. 30 (Bloomberg) -- Asian money rates extended declines, with Singapore’s interbank costs dropping to a five-year low, as concerns waned about a year-end funding squeeze after central banks injected cash into the financial system.
A Job or a Gang? Monday, December 29, 2008 @ 11:50PMPublic policy should discourage young people from joining gangs by keeping them in school, getting them jobs and giving them counseling and social service programs.
Glance-Deals of the day -- mergers and acquisitions Monday, December 29, 2008 @ 11:50PMNote: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement . Please read our privacy policy and legal disclaimer .
Buy U.S. Company Bonds After Risk Rout, Alliance Bernstein Says Monday, December 29, 2008 @ 11:46PMDec. 30 (Bloomberg) -- Investors should buy U.S. companies’ debt because prices probably will rise next year as the market is overestimating the risk that borrowers will default, according to Alliance Bernstein Japan Ltd.
Merrill’s Rosenberg Inspired by Farrell in Foreseeing Crash Monday, December 29, 2008 @ 11:43PMDec. 30 (Bloomberg) -- David Rosenberg drew on inspiration from market-rules theorist Robert Farrell and asset-bubble historian Charles Kindleberger to predict the economy’s demise this year.
China Eastern Airlines bailout raised to $1 bln Monday, December 29, 2008 @ 11:42PMSHANGHAI, China (AP) — China Eastern Airlines plans to raise 7 billion yuan ($1 billion) from selling shares to its state-owned parent company — more than double the amount originally planned — to help it weather a financial crisis.
Oil patch remaining optimistic Sunday, December 28, 2008 @ 1:58PMCompiled by LAUREN DONOVAN Bismarck Tribune The effects of $40 oil are being felt in McKenzie County, but not across the board.
AD WORLD: Sunday, December 28, 2008 @ 1:58PMAmong media events, the Indian Premier League stole the show in 2008. It was a year of crests and troughs for the advertising industry. At the start of the year, the outlook was very positive: GDP was expected to grow in excess of 9 per cent.
Commentary: The music fades when shilling is the motive Sunday, December 28, 2008 @ 1:58PMWhat happens to music when the way to build a career shifts from recording songs that ordinary listeners want to buy to making music that marketers can use?
Index strategies Sunday, December 28, 2008 @ 1:57PMThe risk-reward ratios for close-to-money spreads are imbalanced with bearspreads having better return ratios than bear spreads. The year ended with a low-volume settlement and traders abandoning positions as the market fell. The carryover was lower than normal amidst heavy FII selling.
The flip side to lower crude oil prices Sunday, December 28, 2008 @ 1:42PMA variety of reasons have been adduced for the phenomenal rise and the equally dramatic fall in oil prices
More women heading charity auctions Saturday, December 27, 2008 @ 8:58PMVictoria Gutierrez has 45 seconds.
Game boom helps musicians Saturday, December 27, 2008 @ 8:57PMLOS ANGELES — “This song is dedicated to Debbie Harry,” flinty-eyed Lisa Hsuan purrs into a microphone on the red-lit stage of Hyperion Tavern. It’s a cozy dive where patrons drink Coke and beer from bottles and a fading chandelier dangles overhead.
Lenders report boom in refinancing Saturday, December 27, 2008 @ 8:57PMSPRINGFIELD (GHNS) — Steve Hartman purchased his first home this month. Four days later, he refinanced the mortgage.
LIC goes whole hog to sell new policy Saturday, December 27, 2008 @ 8:56PMThe Life Insurance Corporation of India (LIC), the country’s largest insurer, is pulling out all stops to mop up Rs 25,000 crore through Jeevan Aastha, a single-premium product which offers at least 9 per cent guaranteed returns, in an attempt to reverse the trend of falling sales.
Year in Architecture: So Long, Indulgences Saturday, December 27, 2008 @ 8:53PMTo the Editor:.