Dollar Rallies on Quarter End Repatriation
It is the end of the third quarter, and demand for US dollars has been exceptionally strong. This is related to repatriation flows and profit taking following yesterday’s... >>>
Nasdaq Cancels Google Erroneous Trades
To say Google ’s (GOOG) L2 looked odd today during trading hours is an understatement. Shares of the Internet search giant experienced an astronomic intraday... >>>
5 Ways that Wall Street’s Mess Hurts Main Street: Where Do We Go From Here?
Get your boxing gloves on because the fight is ON! It is Main Street vs. Wall Street and in the latest round, Main Street has won. Despite the protests and tens... >>>
FDIC May Raise Deposit Insurance Limits
The exchange and validation of financial data or ideas are common practices in many industries, and the banking industry is no exception. In fact, FDIC and federal... >>>
The Bull Market No One is Talking About
The financial world didn’t get its relief yesterday. The bailout plan and any accompanying reprieve just weren’t in the cards. The Dow tumbled and investors... >>>
Broadcom Forms Wi-Fi Partnership with Skyhook Wireless
Broadcom (BRCM), one of the top suppliers of integrated circuits (ICs) for broadband communications, announced today that it will upgrade its location based services... >>>
Wall Street Bonuses to Sink in 2008
Over the last two years, Wall Street financiers were able to rake in more than $60 billion in bonuses, much of it in cash. Lehman Brothers (LEHMQ.PK) alone disbursed... >>>
House of Representatives Rejects $700 bln Bailout Plan
The U.S. House of Representatives rejected on Monday legislation designed to rescue the nation’s troubled financial system. After three hours of debate on... >>>
The Washington Post To Buy Foreign Policy Magazine
The Washington Post Co. (WPO) has announced that it has agreed to acquire Foreign Policy magazine, a two-time winner (2003 and 2007) of the prestigious National... >>>
Neuberger Berman Acquired by Two Private Equity Firms
Bain Capital Partners and Hellman & Friedman, two of the world’s leading private equity firms - agreed on Monday to acquire Neuberger Berman, the 69-year-old... >>>
