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UPDATE 1-Wilmington Trust shareholders sue over sale to M&T

* Bargain price does not guarantee lawsuit success
(Updates with Wilmington Trust and M&T declining to comment)

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Mergers and Acquisitions, Stock Markets |

List Of Per Capita Official Gold Holdings

As World Bank president Robert Zoellick has unleashed gold’s latest ascent to a new record high of $1,405.30 per ounce with his vision of a world returning to a gold standard here some facts based on per-capita-figures.

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |
 

A Macro View: ISM October, More Structural Rigidity

The last post of the Macro View of the Markets discussed structural rigidity in the context of the ISM manufacturing index.   After reading the latest manufacturing and non-manufacturing ISM reports, I find some of the same indicators for str…

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Closing Update: Stock Rally Pauses

Stock averages straddle the even line at today’s close as investors slip into a consolidative frame of mind after last week’s Federal Reserve-induced rally. Stocks chopped after hitting two-year highs last week. Financial shares, in particular, took a …

 

Did Anybody Miss The Boat

Did anybody miss the boat? Last week saw a momentous week for gold. The much touted second round of quantitative easing (QE2) from the US Feds sent stock indices and precious metals higher. Just a few hours before the FOMC released their statement on W…

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Euro FXE Update Shows Weekly Confluence Level To Watch

A lot of traders have been paying attention to the Dollar, but it’s also important to watch the Euro and what’s taking shape on its respective price charts.[More...]

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Forex Trading, Stock Markets, Stock Markets By Sector |

Yamana Gold Triples Dividend Payment

Over the past several months, inflated revenues from high commodity prices have spurred a general trend of rising dividend payments in gold mining stock market.[More...]

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

The Case For Retail… And Shoes Specifically – DSW (DSW) And Steve Madden (SHOO) Recent Earnings Reports

A couple of shoe related companies recently reported – I decided to go with DSW (DSW) due to better chart (and parakeet expertise) but I still like Steve Madden (SHOO) for potential expansion possibilities.  (Jul 30, 2010: Steve Madden – Young Wom…

Irish Concerns Weigh On Euro

After several weeks of building expectations over the depth of what the FOMC might deliver, it seems investors have quickly come to terms with its impact on the value of the U.S. dollar. While most onlookers were quick to conclude that the Fed was deli…

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Forex Trading, Stock Markets, Stock Markets By Sector |

Brinker International: Challenge For Casual Dining

Brinker International, Inc. owns, develops, operates and franchises the Chili’s and Maggiano chains and has a minority interest in the Macaroni Grill chain of casual dining restaurants.

Cisco & Ericsson: Networked For Gains

Cisco Systems (CSCO) now changes hands at 13 times forward earnings estimates, a huge self-relative discount to long-term averages.[More...]

Orica’s explosive profit lifts shares

EXPLOSIVES and mining services provider Orica has almost $2 billion in its war chest and is looking at offshore targets.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets |

Rio, Sinosteel in new deal on joint venture

RIO Tinto is finalising the renegotiation of its $1.65 billion a year iron ore joint venture with troubled Chinese group Sinosteel.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets |

AOL hires advisers for options as it eyes Yahoo: report

NEW YORK (Reuters) – AOL Inc is exploring strategic options, which include a possible tie-up with Yahoo Inc, and has retained financial advisers to do so, the Wall Street Journal reported on Sunday, citing unnamed sources.

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Finance, Internet, Stock Markets, Technology |

Ocean Power Technologies Expands Relationship with Mitsui Engineering & Shipbuilding

<ul><li>Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") is pleased to announce that it has expanded its relationship with Mitsui Engineering & Shipbuilding …

[ More ] November 8th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |
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