This article has attempted to show that political influence has stilted adequate financial regulation and that the financial regulatory structure, which does exist, has been unjustifiably skewed towards serving the short term needs of special interests. Additionally, this paper has shown that government spending too has been powerfully skewed towards...
The paper presents the proceedings of a conference held to discuss investor relations, the challenges involved therein and ways to enhance investor confidence. Several regulations have been passed to promote transparency of financial reporting and thereby to increase investor confidence. The paper examines each of these regulations. It also discusses...
NEW YORK -- The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year -- the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth. Six years of stock gains disappeared as the economy crumbled and markets...
HOUSTON -- Enterprise Products Partners L.P. (NYSE:EPD) today announced that repairs have been completed on its High Island Offshore System HIOS pipeline that was severed during Hurricane Ike in September 2008. Federal regulators, after approving Enterprise's inspection and start-up procedures, authorized the partnership to resume full service on HIOS. The...
OCEANSIDE, Calif. -- International Stem Cell Corporation (OTCBB:ISCO) announced today that it had received the first $1 million tranche of an anticipated private equity financing of up to $5 million to be funded over the next several months. The total amount of the financing is intended to allow the Company...
VIENNA, Austria AP -- More bad economic news from the U.S. sent oil prices tumbling Wednesday, with a barrel of crude briefly fetching less than $37 in thin Christmas Eve trading. Expectations of further buildups in U.S. stocks also kept a low ceiling on prices. ...
With bad news pouring in from retailers and exporters, US economists are scrambling to lower their forecasts for growth in the world's largest economy. Winter storms across the country appear to have dealt a final blow to retail sales as cash-strapped shoppers stay at home. The US...
BOSTON -- State Street Global Markets, the investment research and trading arm of State Street Corporation (NYSE:STT), today released the results of the State Street Investor Confidence Index([R] )for December 2008. Global Investor Confidence decreased by 6.5 points to 48.0 from November's revised level of 54.5. Confidence among...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/326b37/casino_and_casino) has announced the addition of the "Casino and Casino-style Gambling in the United States" report to their offering. The casino industry has enjoyed steady growth for the past several years. However, economic crisis is driving down consumer confidence, and this is...
Cap Restructuring, Form 10 Filing, M&A's Among Major Moves to Create Market Confidence. MIAMI, Dec. 22 /PRNewswire-FirstCall/ -- Emerging green energy holding company HydroGenetics, Inc. (http://www.hydrogeneticsusa.com/) (Pink Sheets: HYGN) announced today that its Board of Directors elected to reduce the authorized shares of its company from 1,000,000,000...
Leading Silicon Valley Venture Capital Firms Confidently Invest in NAS Storage Company CAMPBELL, Calif., Dec. 19 /PRNewswire/ -- ONStor, Inc., a leading provider of clustered NAS solutions for primary and value-tier storage for enterprises and content-rich organizations, today announced it has secured an additional round of funding...
WESTON, Fla. -- On behalf of the Company's shareholders, Dr Christopher Tirotta, CEO of American Scientific Resources Inc. (Pink Sheets:ASFX), has issued the following Open Letter highlighting the Company's accomplishments during 2008. Valued shareholders: As you'll no doubt agree, 2008 has been a most notable year....
NEW YORK -- Kohlberg Kravis Roberts & Co. ("KKR") today announced that Michael W. Michelson and Alexander Navab have been named co-heads of the Firm's North American Private Equity business. Mr. Michelson and Mr. Navab, who are Members of the Firm, will report to Henry Kravis and George Roberts, Co-founders...
Investment Column Our view: Cautious hold Share price: 198.8p (-1.2p) When oil prices are high, Wood Group, the oil and gas services and engineering company, benefits as producers try to suck up as much of the black stuff as possible...
Continental Precious Minerals Inc. (TSX: CZQ)Continental today provided an update of corporate activities in 2008 and outlined its strategic priorities for 2009 in a letter to shareholders released today. The full-text of the letter is attached to this release. The company also announced it launched a rebranded corporate website. Investors...
XplosiveStocks.com -- In today's environment, itis very difficult to choose the right product to invest in. What appearedto be guaranteed blue chips investments are no longer the case. Many largecap companies that used to be recommended by thousands of Analysts are nowtrading like penny stocks. It is clear that investors'...
Market Report The banking sector lagged behind as weak sentiment sent leading stocks to the bottom of the Footsie last night. Persistent speculation about a possible capital raising at HSBC, a "sell" note on Lloyds TSB and a fresh wave of grim economic...
Pixim Inc., a leading provider of imagesensors and processors for enterprise security cameras, announced that ithas closed $13 million in additional venture capital funding from existinginvestors Mayfield Fund, Ridgewood Capital and Tallwood Venture Capital. Pixim intends to use the additional working capital to accelerate itsgrowth in worldwide markets and add...
Investors continue to show confidence in this fast growing electronic data capture technology leader FT. LAUDERDALE, Fla., Dec. 17 /PRNewswire-FirstCall/ -- OmniComm Systems, Inc. , a leader in integrated electronic data capture EDC solutions for clinical trials, today announced that it has completed a $5.1 million Convertible...
In the news release, OmniComm Systems, Inc. Raises $5.1 Million in Convertible Debt Financing, issued earlier today by OmniComm Systems, Inc. (OTC: OMCM.OB) over PR Newswire, we are advised by the company that information was inadvertently omitted from the fourth paragraph. Complete, corrected release follows: OmniComm Systems, Inc....