BNET Industries
Market Cap:$145.5M
Last Fiscal Year Sales:$5.5M
- Public
- US
Contact Information
C/O Rydex Investments, Attn: Tim Meyer
9601 Blackwell Road, Suite 500
Rockville, Maryland 20850
301-296-5129
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
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currencyshares british pound sterling trust and seeking alpha - All News and Analysis
Who's Tightening Britain's Belt?
IndexUniverse Europe submits: By Paul Amery Much of the debate about government spending is slightly surreal. “The UK’s fiscal reputation is on notice – given the size of the deficit, action is needed,” Peter Spencer, chief economic adviser to the Ernst and Young Item...
If U.K. Is Still in Recession Why Are London House Prices Hitting New Records?
Edward Harrison submits: We received word today from the British government that GDP in the UK contracted for a record sixth quarter in Q3 2009. I like Neil Hume’s headline on this one, “GDP shock flop.” If you were listening to the BBC’s Wake Up to Money this...
More Mixed Signals from the UK Economy
Let’s start with the good news; the FTSE in London closed at its highest level for more than a year. At yesterday’s close, the FTSE stood at 5210.17, a level not seen since September 2008. The bullishness has been put down to higher commodity prices and an optimistic outlook over...
BoE: New Lower Threshold for the Pound?
According to the Bank of England, Sterling may become a long term victim of the recession, settling at a lower level than other major currencies (of course, this has all the hallmarks of a self-fulfilling prophesy). This would tend to make UK exports more affordable than those from other major...
BoE: Counterfeiting vs. Quantitative Easing
At some time in childhood, most of us looked at a copying machine and asked our parents why, if we were short of cash and most people were we couldn’t just print some more money. Our parents would have smiled benignly and explained that that would be called counterfeiting and...
U.K. Continues to Monetize Debt: This Won't End Well
Cynicus Economicus submits: The Telegraph's economics editor's latest article headlines that 'Mervyn King Wanted to Buy Half of the UK Government Debt Market'. It is a headline that, of itself, is worth some contemplation. That the Governor of the Bank of England should propose such an extreme...
BOE Minutes Should Bode Poorly for Pound
Trading in the British Pound is sure to be volatile on Wednesday, when minutes of the most recent Bank of England MPC are released. In light of the surprise decision to significantly expand the BOE’s quantitative easing program – a move which has led to a sharp pullback in...
Pound Weakness Expected Despite Recent Success
The British Pound strengthened against both the U.S. Dollar and Japanese Yen on Monday, as traders again moved away from safe-haven currencies after better-than-forecast home sales data was released in the United States. The Pound bought $1.6493 and ¥156.98 against the two currencies, an improvement of 0.4% and 0.8%...
Chart: Comparing the U.K.'s Current Recession to Past Downturns
David Hunkar submits: click to enlarge by David Hunkar
Why UK Housing Is Still Over-Valued
Peter Cooper submits: Why is it that UK house prices have remained so expensive despite the gloom-and-doom circling the British economy about debt levels and rising unemployment? Two historic factors are usually cited: a relative shortage of property in the UK due to under building for a generation; and...
Industry Transcripts by Seeking Alpha
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H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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