By Muralikumar Anantharaman BOSTON (Reuters) - U.S. securities regulators' moves to curb short selling of financial sector stocks may give a boost to a handful of exchange-traded funds ETFs that are shorting the financial sector and producing sizzling returns. Funds such as the...
The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. The paper first estimates for 16 countries a measure of banking system competition based on industrial organization theory....
There was further gloomy news from the building and financial sectors yesterday as Wolseley signalled further cost cuts in the UK, and HBOS announced job reductions. Wolseley, the building materials group, slashed some 6,000 jobs worldwide in the last financial year, and said it was keeping costs...
Unemployment has registered its biggest rise since the slump of the early 1990s, as the economic slowdown takes a bigger-than- expected toll on jobs. The number of people out of work and claiming benefits jumped by 15,500 in June, the Office for National Statistics said. The fifth...
WORLD MARKETS The Hang Seng edged higher, helped by lower oil prices and cheaper shares after a sell-off the day before. The index rose 48.7, or 0.2 per cent, to 21,223.5, having dived 3.8 per cent the previous day as confidence faded in the US financial sector....
Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our company profiles...
Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our company profiles...
Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our company profiles...
Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our company profiles...
-- Mr. Mortzen Arntzen, President & CEO, Overseas Shipholding Group (NYSE: OSG)-- Mr. Peter Evensen, Executive V.P. & Chief Strategy Officer, Teekay Corporation (NYSE: TK)-- Mr. Nikolas Tsakos, President & CEO, Tsakos Energy Navigation (NYSE: TNP) will...
Canadian General Investments, Limited (TSX: CGI)(TSX: CGI.PR.A)(TSX: CGI.PR.B)(TSX: CGI.PR.C)(LSE: CGI) - CGI's net asset value per share NAV at June 30, 2008 was $29.73, down from the NAV of $31.94 at year end 2007. The NAV return, with dividends reinvested, for the six month period to June 30, 2008 was...
WORLD MARKETS Stocks shed 1.9 per cent, hit by growing fears over the financial services sector, but a steep fall in oil prices helped shares end above the session's lows. US crude oil futures fell more than $7 to just over $137 a barrel. Banks got hit...
WORLD MARKETS The Nikkei slid 2 per cent to a three-month closing low, as bank shares such as Mitsubishi UFJ Financial took a beating on eroding investor confidence in the US financial sector. Exporters such as Toyota also dragged on the market, hit by a stronger yen...
Job growth in Utah increased by only 0.9 percent in June, compared with a year earlier, and that growth is starting to flatten. Mark Knold, chief economist for the Utah Department of Workforce Services, said job growth will likely be negative in the next three to four...
WORLD MARKETS Wall Street ended a turbulent day mostly lower, as fears of escalating instability in the financial sector kept investors on edge despite a steep retreat in oil. The Dow Jones fell 92.7 to 10,962.5 - its first close below 11,000 since July 2006. Fannie May...
InsideView today announced that inQ, apay-for-performance chat services firm, has implemented InsideView's uniqueon-demand business search and intelligence application, SalesView , for theirsales intelligence efforts to increase demand generation. inQ, a California-based outsourced chat services company, has adoptedSalesView to provide real-time, meaningful customer intelligence aboutcompanies across the telecommunications, financial...
MINNEAPOLIS -- Dolan Media Company (NYSE: DM), a leading provider of business information and professional services to the legal, financial and real estate sectors in the United States, today announced that it will report its financial results for the second quarter 2008, on Thursday, August 7, 2008, after the market...
GREENSBORO, N.C. -- Even as North Carolina and the US deal with economic headwinds and tightening credit markets, the NC credit union system remains healthy and well-positioned to serve the needs of its three million members, the NC Credit Union League NCCUL said today. The League also noted that the...
WASHINGTON AFP — US President George W. Bush will hold a press conference at 10:20 am (1420 GMT) Tuesday and make an opening statement on steps he has taken to boost the battered US economy, the White House said. "He will talk about the overall state of the...
WASHINGTON AFP — US financial markets remained on tenterhooks on Tuesday as the banking sector faced a crisis of confidence even after an unprecedented government rescue of mortgage giants. A day after shares in banks plunged amid fears over the fall-out from bad loans in the crucial housing...
