Short Term Capital Gains News
- Somali peace deal needed to prevent famine repeat: AfDB boss Tuesday, July 19, 2011 @ 10:09PMIt is a relentless civil war that has forced Somalia to the brink of famine and not just poor rainfall. -AFP
- Moynihan Insists: No New BofA Capital Tuesday, July 19, 2011 @ 6:41PMAfter reporting an $8.83 billion loss, CEO Brian Moynihan told skeptics that Bank of America's capital gap is manageable
- Moral Hazard, Government Style In Estonia Tuesday, July 19, 2011 @ 4:15PMThe investors purchased their shares in a competitive bid. But they were subsequently met with repea
- Goldman Sachs Plans Job Cuts as Debt Trading Misses Estimate Tuesday, July 19, 2011 @ 4:11PMGoldman Sachs Group Inc., the U.S. bank that makes most of its money from trading, said it will cut about 1,000 jobs after a plunge in fixed-income revenue that was bigger than analysts estimated.
- FOREX: Euro Likely to Look Past ZEW Data, Focus on Spain Debt Sale Tuesday, July 19, 2011 @ 8:28AMFOREX: Euro Likely to Look Past ZEW Data, Focus on Spain Debt Sale
- Instant view: Housing starts hit 6-month high Tuesday, July 19, 2011 @ 7:58AMNEW YORK (Reuters) - Housing starts rose more than expected in June to touch a six-month high and permits for future construction unexpectedly increased, a government report showed on Tuesday, likely reflecting growing demand for rental apartments.
- S. Korea Bans Banks Buying Kimchi Debt From Local Companies Monday, July 18, 2011 @ 8:49PMSouth Korea said it will prohibit financial companies from buying foreign-currency bonds sold by local issuers for domestic use as the government seeks to curb external debt and gains in the won.
- Consumer is Alive and Kicking Monday, July 18, 2011 @ 12:51PMDespite personal debt and credit issues, discretionary spending charges retail earnings and stocks.
- Nigeria: I Won't Shield Any Corrupt Official, Says Jonathan Saturday, July 16, 2011 @ 12:59AMFor the second time in two days, President Goodluck Jonathan has hinted that he would have a zero tolerance for corruption.
- GLOBAL MARKETS-Gold rises on US debt talks; stocks up slightly Friday, July 15, 2011 @ 4:12PM* Euro flat after stress test results * U.S. stocks end higher after strong earnings * Gold up for 10th session (Updates with U.S. market closing prices) NEW YORK, July 15 (Reuters) - Concern about the ...
- METALS OUTLOOK: Nervousness Regarding Global Economy To Support Gold Next Week Friday, July 15, 2011 @ 2:20PM(Kitco News) ? Gold prices will continue to find strength next week as the debt-ceiling talks
- Earnings Outlook: Intel, AMD to report amid cloudy PC outlook Friday, July 15, 2011 @ 11:33AMIntel Corp. and Advanced Micro Devices are scheduled to report second-quarter financials next week, amid questions on the state of the PC market and the two companies’ ability to compete in the mobile market.
- Eight European banks fail latest stress test Friday, July 15, 2011 @ 11:32AMLONDON (Reuters) - Eight European banks have failed a test of their ability to withstand a prolonged recession which did not build in the impact of a Greek default, the European Banking Authority said ...
- Dexion Trading Ltd - June Net Asset Value Friday, July 15, 2011 @ 11:25AMDexion Trading Ltd - June Net Asset Value
- Bullish Copper Technicals Friday, July 15, 2011 @ 11:21AMCopper is growing increasingly popular among speculators, who are catapulting this unassuming base metal up into the rarified ranks of market-darling commodities. Neither precious like gold, nor immediately consumed like oil, copper’s price action is quite unique.
- Progressive Misses by a Penny Thursday, July 14, 2011 @ 3:55PMProgressive Corp.'s earnings per share for the second quarter of 2011 were 38 cents, lagging the Zacks Consensus estimate by a penny.
- GLOBAL MARKETS-Gold at record; stocks, oil fall after Bernanke Thursday, July 14, 2011 @ 3:32PM* Gold at record in wake of Moody's warning on U.S. debt * Bernanke says Fed not ready to act yet, weighs on market * U.S. stocks fall, along with oil (Updates with U.S. stock, gold closing levels) ...
- Fidelity, Invesco See Kinetic Gains Thursday, July 14, 2011 @ 3:21PMAston Value lives to see another subadvisor, New Eaton Vance funds have wanderlust, and more.
- Gold Seeker Closing Report: Gold and Silver Gain Again Thursday, July 14, 2011 @ 3:21PMGold climbed to a new record high of $1594.30 in London before it fell back off in early New York trade and saw a slight loss near $1580 around 11AM EST, but it then rallied back higher in the last two and half hours of trade and ended with a gain of 0.29%. Silver climbed to as high as $39.353 in London before it also fell back off a bit in New York, but it still ended with a gain of 1.52%.
- This Could Be Even Better Than ETFs Thursday, July 14, 2011 @ 2:51PMExchange-traded notes aren't well understood, but they can have advantages.
- BAE marches up as large-caps advance Wednesday, July 13, 2011 @ 1:42PMBAE Systems was on fighting form as the embattled benchmark index fought its way into positive territory after three days of declines.
- FOREX-U.S. dollar slumps on Bernanke remarks; euro rallies Wednesday, July 13, 2011 @ 1:05PM* Euro bounces from four-month low vs dollar * Bernanke opens door to possibility of more easing * Dollar falls to all-time low vs Swiss franc (Updates prices, adds quote, changes byline) NEW YORK, July ...
- Marks slumps after cautious outlook but Burberry and SuperGroup surge Wednesday, July 13, 2011 @ 11:33AMRetailers are in focus for the second day running, but it is a rather mixed picture. Marks & Spencer shares are currently the biggest loser in the leading index, down 9.5p to 363.5p and more than erasing all Tuesday's gains. In its trading update ahead of its annual meeting - where there could be executive pay protests - Marks said total sales in the last 13 weeks were up 3.2%. Within that total ...
- JPMorgan, Citigroup Revenue Struggle Draws Analysts’ Focus Wednesday, July 13, 2011 @ 11:18AMJPMorgan Chase & Co. and Citigroup Inc., which report earnings this week, are under pressure to show that banks can increase revenue as the U.S. economic recovery sputters.
- First Trust Mortgage Income Fund Declares its Monthly Common Share Distributions for August, September and October of ... Tuesday, July 12, 2011 @ 4:26PMFirst Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distributions for August, September and October of $0.16 per share for each month.
- Saudi Shares Retreat as Safco Profit Declines; Egypt Tumbles Sunday, July 10, 2011 @ 10:19AMSaudi Arabia’s stocks fell the most in almost three weeks after second-quarter earnings at Saudi Arabian Fertilizer Co. missed analysts’ estimates.
- Weekly Treasury Update Saturday, July 9, 2011 @ 11:10PMDollar There have been mixed US economic data over the past week with some relief over stronger than expected employment releases, although the payroll data will be pivotal for any durable rebound in confidence.
- Evercore Partners: The Stock To Ride In The Accelerating Pace of M&A Activity Saturday, July 9, 2011 @ 8:15AMEvercore has posted impressive, consistent revenue growth over the past five years.
- South Sudan: New Nation Needs Partnerships, Says UN Chief Saturday, July 9, 2011 @ 4:32AMThis Saturday, July 9, the Republic of South Sudan will join the community of nations. Foreign dignitaries will converge on its capital, Juba, to watch the new country raise its flag and inaugurate a first president, Salva Kiir Mayardit.
- Kenya: Transcentury And British American Hand NSE a Lifeline Friday, July 8, 2011 @ 3:17AMNew listings at the Nairobi Stock Exchange (NSE) and improved political climate are expected to attract investors back into the equities market which was subdued through the first half of the year.
- European Factors-Shares seen up; focus on U.S. jobs data Friday, July 8, 2011 @ 12:55AM(Adds detail, quotes, company news; updates snapshot table) LONDON, July 8 (Reuters) - European shares are set to rise on Friday,mirroring gains in Asia and on Wall Street, on expectations that U.S. jobs ...
- Oil falls ahead of US employment data Thursday, July 7, 2011 @ 11:31PMInvestor caution, job forecasts end two-month high. 8 Jul 2011 2:18 PM
- Chavez’s Higher Price Caps Helped Push Venezuela’s June Inflation to 23.6% Thursday, July 7, 2011 @ 12:08PMVenezuelan inflation accelerated more than economists expected in June after the government raised price caps on regulated food goods to prevent shortages and doubled the fare on the Caracas metro.
- Inside the Debt Ceiling Talks: Will Players Opt for Grand Bargain, Compromise, or Panic? Thursday, July 7, 2011 @ 11:57AMWashington these days feels like a 1960s game show
- The Zweig Fund, Inc. Discloses Sources of Distribution - Section 19A Notice Thursday, July 7, 2011 @ 10:34AMThe Board of Directors of The Zweig Fund, Inc. declared a distribution of $0.090 per share to shareholders of record on July 11, 2011, payable July 18, 2011. Â The Fund has a Managed Distribution Plan to pay 10 percent of the Fund's net asset value on an annualized basis. Â The Board believes that regular, fixed cash payouts will enhance shareholder value and serve the long-term interests of ...
- The Zweig Total Return Fund, Inc. Discloses Sources of Distribution - Section 19A Notice Thursday, July 7, 2011 @ 10:33AMThe Board of Directors of The Zweig Total Return Fund, Inc. declared a distribution of $0.032 per share to shareholders of record on July 11, 2011, payable July 18, 2011. Â The Fund has a Managed Distribution Plan to pay 10 percent of the Fund's net asset value on an annualized basis. Â The Board believes that regular, fixed cash payouts will enhance shareholder value and serve the long-term ...
- Dollar Gains Limited to European Pairs, Strength Still Lacking Wednesday, July 6, 2011 @ 9:48PMThe dollar put in for a third consecutive advance through Wednesday’s session; but we should remain skeptical of the conviction behind this move.
- SET sees foreign capital Monday, July 4, 2011 @ 12:32PMForeign investors, elated at the Thai economic outlook following Sunday's election result, yesterday channelled Bt10.7 billion back into the local stock market, pushing the daily transaction value to Bt63.11 billion.
- Will the coalition waste this chance to reform social care? Monday, July 4, 2011 @ 5:37AMGeorge Osborne is sceptical of plans for the state to pay more for social care. Photograph: Getty Images.
- Use care buying into a companys buyback fever Monday, July 4, 2011 @ 5:09AMThere’s little evidence that stock buybacks increase share prices over the long term.
- RAM Ratings assigns AAA/P1 ratings to CIMB Islamic Bank Monday, July 4, 2011 @ 4:36AMKUALA LUMPUR: RAM Ratings has assigned respective long and short-term financial institution ratings of AAA and P1 to CIMB Islamic...
- Joseph Stiglitz, Barney Frank Respond to 'Reckless Endangerment' Allegations Friday, July 1, 2011 @ 4:07PMFriday on the NewsHour, New York Times finance specialist Gretchen Morgenson and co-author Josh Rosner, a longtime housing analyst, talk about their new bestseller, "Reckless Endangerment" (no. 17 on the Times list this week). The book is a sustained indictment of Washington's role in the housing crisis and highlights the role of the so-called GSEs - the Government-Sponsored Enterprises, Freddie ...
- Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds Friday, July 1, 2011 @ 4:03PMCertain BlackRock closed-end funds announced distributions today as detailed below.
- MFS Announces Closed-End Fund Distributions Friday, July 1, 2011 @ 3:16PMBOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of July 1, 2011, ex-dividend dates of July 12, 2011, record dates of July 14, 2011, and payable dates of July 29, 2011: Fund (ticker) Income/Share OtherSources/Share* TotalAmount/Share MFS® California Municipal(AMEX: CCA) $0.0650 $0.0000 ...
- Market Nuggets: MKS Finance: Gold Falls To Lowest Level In Six Weeks Friday, July 1, 2011 @ 3:14PM(Kitco News) ?Gold fell below $1,490 an ounce Friday for the first time in six weeks, hurt by
- Zacks Bull and Bear of the Day Highlights: Myriad Genetics, PetMed Express, McCormick & Co., General Mills and ... Friday, July 1, 2011 @ 8:30AMZacks Equity Research highlights: Myriad Genetics as the Bull of the Day and PetMed Express as the Bear of the Day. In addition, Zacks Equity Research provides analysis on McCormick & Co.
- Factbox: What's on the table in the debt talks Thursday, June 30, 2011 @ 4:40PM(Reuters) - President Barack Obama and Senate Democrats are weighing a scaled-back budget deal that would avert a looming U.S. default but force Congress to tackle the politically toxic issue again before the 2012 elections, a Senate Democratic aide told Reuters on Thursday.
- BI Not Likely to Lower Cap for Short Term Foreign Liability Thursday, June 30, 2011 @ 3:14PMBI is not likely to lower the ceiling for commercial banks short term liability anytime
- The CBO's Ticking Bankruptcy Bomb Thursday, June 30, 2011 @ 3:03PMLast week, the Congressional Budget Office (CBO) issued their Long Term Budget Outlook for 2011. The report closely validates my own analysis in my new book America's Ticking Bankruptcy Bomb, released this month by HarperCollins.CBO reports that the national debt is already the highest in history except for World War II, reaching roughly 70% of GDP this year. On our current course, CBO ...
- Eaton Vance Short Duration Diversified Income Fund June 2011 Distribution Thursday, June 30, 2011 @ 2:46PMEaton Vance Short Duration Diversified Income Fund today announced important information concerning its distribution declared in June 2011. Â This press release is issued as required by the Fund's managed distribution plan and an exemptive order received from the U.S.