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  • Advantages of investing in gold bullion coins Saturday, September 4, 2010 @ 6:34AMIn todays gloomy economic times more and more investors are looking at gold coins as much safer mode of investment than the mutual funds and stocks. To evade the inflation you must invest some percentage of your well balanced portfolio in purchasing gold bullion coins. There are quite a few reliable online sites selling high quality gold coins and bullions at reasonable rate. Search on internet...
  • Trichet Says Greece Exit From Euro ‘Worst Possible Option’ Saturday, September 4, 2010 @ 5:27AMEuropean Central Bank President Jean-Claude Trichet said in Cernobbio today that Greece’s exit from the euro would be the “worst possible option.”
  • G-20 Discusses Concern Erratic Market May Dim Outlook Saturday, September 4, 2010 @ 5:02AMDeputies finance ministers and central-bank governors from the Group of 20 nations discussed concerns the recent volatility in financial markets may dim the short-term outlook for the global economy, a Bank of Korea official said.
  • New twist in the index fund-vs.-ETF battle Saturday, September 4, 2010 @ 4:37AMFund investors who want to put their money to work as cheaply as possible have a couple of basic options: They can go with an index mutual fund or a comparable exchange-traded fund. Mutual fund - Exchange-traded fund - Index fund - Investing - Business
  • Direct Tax Code a significant reform? Saturday, September 4, 2010 @ 3:16AMThe first version of Direct Tax Code (DTC) which was released for public debate in August 2009 had raised great hopes. The Bill that has now been introduced in Parliament drowned most of them.
  • NAMI presents check to MCCC Saturday, September 4, 2010 @ 2:30AMThe Reporter The National Alliance on Mental Illness (NAMI) Montgomery County recently presented a check for $2,500 to Montgomery County Community College.
  • Duping the families of fallen soldiers Saturday, September 4, 2010 @ 2:23AMThe package arrived at Cindy Lohman’s home in Great Mills, Maryland, just two weeks after she learned that her son, Ryan, a 24-year-old Army sergeant, had been killed by a bomb in Afghanistan. It was a thick, 9-inch-by-12-inch envelope from Prudential Financial Inc., which handles life insurance for the Department of Veterans Affairs.
  • Telekomunikacja Says DPTG Court Ruling Will Reduce 2010 Earnings Saturday, September 4, 2010 @ 1:35AMTelekomunikacja Polska SA said a court ruling that orders Poland’s largest phone company to pay about 2.9 billion kroner ($502 million) to DPTG I/S will have a negative impact on its net income in the third quarter and 2010.
  • Summer Rerun: Self-Inflicted Wounds and Mutual Assured Destruction Saturday, September 4, 2010 @ 12:16AMThis post first appeared on March 11, 2008 Oooh, the week has barely started and we’ve already had an overdose of adrenaline-generating news. Thornburg Mortgage and Carlyle Capital, both twisting in the wind, battered by margin calls, look unlikely to escape bankruptcy (Thornburg has already defaulted on financing agreements; Carlyle is seeking a standstill). Freddie and [...]
  • BlackRock California Investment Quality Municipal Trust Inc. Announces Special Distribution Wednesday, September 1, 2010 @ 5:59PMNEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that BlackRock California Investment Quality Municipal Trust Inc. (NYSE Amex:RAA) has declared a special distribution of tax-exempt income. This distribution is inclusive of RAA’s regular September monthly distribution. Additional information is available below. Declaration- 9/1/2010 Ex-Date- 9/13/2010 Record- 9/15/2010 Payable ...
  • BlackRock California Investment Quality Municipal Trust Inc. Announces Special Distribution Wednesday, September 1, 2010 @ 5:59PMBlackRock Advisors, LLC announced today that BlackRock California Investment Quality Municipal Trust Inc. (NYSE Amex:RAA) has declared a special distribution of tax-exempt income. This distribution is inclusive of RAA’s regular September monthly distribution.
  • Early Declaration of Regular Distributions and Declaration of Special Distributions Announced for Certain BlackRock ... Wednesday, September 1, 2010 @ 5:59PMNEW YORK--(BUSINESS WIRE)--The Boards of Directors/Trustees of the BlackRock closed-end funds listed below (the “Funds”) announced the early declaration of regular monthly distributions and declaration of special distributions. Details are as follows: Early Declaration of Regular Monthly Distributions: Three tax-exempt Funds declared regular monthly distributions for October, November and ...
  • Early Declaration of Regular Distributions and Declaration of Special Distributions Announced for Certain BlackRock ... Wednesday, September 1, 2010 @ 5:59PMThe Boards of Directors/Trustees of the BlackRock closed-end funds listed below (the "Funds”) announced the early declaration of regular monthly distributions and declaration of special distributions.
  • Bruised Quant Funds Seek a Human Touch Wednesday, September 1, 2010 @ 5:49PMComputer-driven mutual funds, chastened by poor results and a wave of redemptions, are striving to become a little more like people in their investment decisions.
  • Petrobras Oil-For-Stock Swap Price Set at $8.50 Per Barrel Wednesday, September 1, 2010 @ 5:13PMPetroleo Brasileiro SA, Brazil’s state-controlled oil producer, will pay $8.50 a barrel to buy 5 billion barrels of undeveloped reserves from the government in exchange for stock, Finance Minister Guido Mantega told reporters today in Brasilia.
  • '09 Tax Tips: Experts Dish on Dos and Don'ts Wednesday, September 1, 2010 @ 4:52PMTips on how to prepare for year-end tax breaks.
  • Global FX vol reaches Four Trillion USD according BIS Survey - community blog from Paul Blank Tuesday, August 31, 2010 @ 5:52PMSurge in Spot Activity: The increase was driven by the 48% growth in turnover of spot transactions, which represent 37% of foreign exchange market turnover.
  • Currency-Trading Growth Slowed Amid Financial Crisis, BIS Says Tuesday, August 31, 2010 @ 4:48PMGrowth in foreign-exchange trading slowed in the three years through April as heightened price swings after the credit markets seized up lowered the appetite for risk, a Bank for International Settlements survey showed.
  • Ordinary Malaysians shun stock market amid stalling recovery Tuesday, August 31, 2010 @ 4:37PMKUALA LUMPUR, Sept 1 — Individual investors continue to shun the Malaysian stock market as public confidence remains shaky due to fears that the market’s recovery following the 2007 US sub-prime mortgage crisis may not be real. Economists and analysts said that a slowdown in foreign investments, poor enforcement against unscrupulous activities and ...
  • 12. Will Olympia consider another proposal? Tuesday, August 31, 2010 @ 4:23PMWHAT next for Olympia Industries Bhd, whose proposed sale of Menara Olympia and a neighbouring car park to Jelita Timur Sdn Bhd has been aborted?
  • 1. There may be a price war to give out cheaper bank loans Tuesday, August 31, 2010 @ 4:22PMKUALA LUMPUR: There may be a new round of price war among banks for consumer loans, with the new mortgage rate going down to as low as base lending rate (BLR) -2.3%. The current BLR rate is 6.3%.
  • Rushwaya hearing on today Tuesday, August 31, 2010 @ 4:17PMSUSPENDED Zifa chief executive officer Henrietta Rushwaya is scheduled to appear before a disciplinary committee in the capital today facing charges of mismanagement, betting, match-fixing and misappropriation of funds.
  • 'Fast Money' Recap: Bloody August Tuesday, August 31, 2010 @ 4:13PMThe trading panel discussed the outlook for the markets after the worst August in nine years.
  • Ohio Funds Own 20% of Rydex-Sponsored British Pound Trust - cbl Tuesday, August 31, 2010 @ 3:57PMBy citybizlist Staff ROCKVILLE -- In an SEC filing, two Cincinnati-based Hussman funds disclosed tha...
  • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions Tuesday, August 31, 2010 @ 3:35PMNEW YORK--(BUSINESS WIRE)--BlackRock Global Opportunities Equity Trust (NYSE:BOE), BlackRock S&P Quality Rankings Global Equity Managed Trust (NYSE AMEX:BQY) and BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) (the “Funds”) today paid the following dividends per share: Ticker Pay Date Per Share BOE August 31, 2010 $ 0.568750 BQY August 31, 2010 $ 0.250000 EGF August 31, 2010 $ 0.080000 Each ...
  • Uncovering buried 401(k) fees Sunday, August 29, 2010 @ 12:10AMAlthough workers have not been receiving itemized bills for fees they pay in their 401(k) retirement plans, those hidden costs may be chipping away at the growth of their nest eggs.
  • Bond funds beat stocks in streak Sunday, August 29, 2010 @ 12:07AMRetail investors, burned by two market crashes in a decade, have shunned stocks for the longest stretch in more than 23 years, upsetting the balance of power in the $10.5 trillion mutual-fund industry.
  • DA-elect Hallie Dixon's full resignation statement concerning court study Saturday, August 28, 2010 @ 10:34PMHere is the full text of Hallie Dixon's statement of resignation from a contract study:
  • Midland companies receive dividends from Texas Mutual Insurance Saturday, August 28, 2010 @ 10:18PMAUSTIN -- Approximately 644 Midland policyholders of Texas Mutual Insurance Company will be among those receiving $100 million in dividends being distributed to its policyholders. Texas Mutual will be distributing $2,527,122 to policyholders in Midland County, which will benefit the local economy because the companies will use those funds to expand, create jobs, pay employees and improve safety ...
  • New rules to expose 401(k) fees to the light Saturday, August 28, 2010 @ 10:11PMBy TIM GRANT BLOCK NEWS ALLIANCE Although workers have not been receiving itemized bills for fees they pay in their 401(k) retirement plans, those hidden costs may be chipping away at the growth of their nest eggs. Thanks to new rules set by the U.S. Department of Labor, employees with 401(k) plans will be able to get detailed information about how much they pay in fees as of next July 16 ...
  • Money funds rise, yields are flat Saturday, August 28, 2010 @ 10:04PMNEW YORK — Total money-market mutual-fund assets rose by $3.7 billion to $2.834 trillion for the week, the Investment Company Institute said this past Thursday.
  • Airdrie Bank to receive more funding Friday, August 27, 2010 @ 6:06PMTHE business leaders investing £10 million in Airdrie Savings Bank to support a return to traditional banking are expected to contribute more funds to boost its capital base a
  • Fund manager touts the good side of vice Friday, August 27, 2010 @ 5:47PMSo much for righteousness in tough economic times. Overall, stocks of companies peddling products that many of us associate with bad habits are beating the market.
  • Can Mutual Funds Prevent the Next Financial Meltdown? Friday, August 27, 2010 @ 5:32PMEconomics professor Lawrence Kotlikoff thinks limited purpose banking is the key to real change.
  • Video: Bernanke: Recovery Slowing Friday, August 27, 2010 @ 5:04PMIn a speech closely watched by Wall Street, Chairman Ben Bernanke acknowledged that economic recovery is slowing and pledged the Federal Reserve is ready to act if the economy stalls. Anthony Mason reports.
  • Stocks Up as Bernanke, GDP Reassure Investors Friday, August 27, 2010 @ 4:38PMInvestors Focus on Better-Than-Terrible GDP Numbers and Fed?s Willingness to Take Extra Steps to Stimulate Economy
  • ELSS sunset Friday, August 27, 2010 @ 4:00PMGood things don't last forever, goes the saying. Ask investors in equity-linked savings schemes. For years, first-time investors tip-toed into stock markets through ELSS, earning handsome gains and pocketing the tax-savings.
  • Column : Should we really lose some sleep... Friday, August 27, 2010 @ 3:59PMThe government's recent disclosures in the Rajya Sabha about the participation and concentration in equity and derivatives markets at the NSE have created consternation in a section of the media. This, however, may be an over-reaction.
  • Lump-sum investment route for high-risk appetite, long-term plan Friday, August 27, 2010 @ 3:57PMThe markets are surely on a roll; still, we cannot rule out the unpredictability associated with equity investments. As far as mutual fund investments are concerned, it entirely depends on your risk appetite and time horizon.
  • Gold ETFs mushroom in India Friday, August 27, 2010 @ 3:55PMGold exchange-traded funds may be new for India, but are gaining in popularity as investors become aware of the benefits of investing in gold in a non-material form as opposed to holding it as jewellery.
  • A step-by-step guide to buying gold ETFs Thursday, August 26, 2010 @ 8:53PMFor the beginners, this is a step-by-step process. First and foremost you will need to open a demat account with a depository participant before opening an account with a broker. To find out more, read on...
  • Why News Startups Should Think Collaboration, not Competition, with Big Media Thursday, August 26, 2010 @ 8:47PMHow will new media replace old media? The rise of independent journalism startups, combined with the shrinking of mainstream news organizations, provokes the question. And for some media pundits, the question is when - not if.
  • Getting a fire truck without putting up matching funds Thursday, August 26, 2010 @ 8:11PMBrownwood is one of eight Texas communities set to receive $100,000 brush trucks that will be used to assist with fire disasters and other major incidents.
  • Asian Stocks, Oil Decline as U.S. Economy Falters; Yen Climbs Thursday, August 26, 2010 @ 8:03PMAsian stocks, crude oil and the South Korean won slumped on concern a flagging U.S. economic recovery will hamper global growth. The yen strengthened.
  • CPF-linked funds post 6.6% loss in Q2: Lipper Thursday, August 26, 2010 @ 6:08PMFUNDS registered under the Central Provident Fund investment scheme (CPFIS) suffered an overall loss in the second quarter of this year, reversing from slight gains in Q1, as uncertainty over the eurozone debt crisis and the US economy took hold.
  • Investors Take $7.1 Billion From Equity Funds in Week, EPFR Says Thursday, August 26, 2010 @ 5:18PMInvestors took out a net $7.1 billion from global-tracked equity funds in the week to Aug. 25 and put some $5.2 billion into bond funds amid concerns economies in the U.S. and Europe are losing momentum, EPFR Global said in an e-mail.
  • Heritage tourney moved back a week Thursday, August 26, 2010 @ 5:18PMThere will be no shortage of golf along the Georgia-South Carolina coast next April. South Carolina - Golf - United States - Business and Economy - Organizations
  • Canada Pension Said to Agree to Buy Intoll for A$1.52 Per Share Thursday, August 26, 2010 @ 4:48PMCanada Pension Plan Investment Board agreed to buy Australian toll-road operator Intoll Group for A$1.52 a share, said two people familiar with the matter.
  • Naomi Wolf: Banks Complicit in Fraud -- Is it Systemic? Wednesday, August 25, 2010 @ 5:23PMAre banks profiting by not cracking down on fraud? Many banks now manipulate customers' withdrawals in time sequence and give customers a misleading balance figure that does not show their recent withdrawals.
  • Wells Fargo Funds Management Announces the Approval of Investment Guideline Changes to Three Wells Fargo Advantage ... Wednesday, August 25, 2010 @ 4:50PMSAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Funds Management, LLC, announced today that the Board of Trustees of the Wells Fargo Advantage Funds approved proposals to revise or remove certain investment guidelines for the Wells Fargo Advantage Income Opportunities Fund (NYSE Amex: EAD), the Wells Fargo Advantage Multi-Sector Income Fund (NYSE Amex: ERC), and the Wells Fargo Advantage Utilities ...