Archive for June, 2009
I’ve seen rerun after rerun of a CNBC special on Madoff’s now-famous Ponzi scheme. Gannon, senior vice president of the Financial Industry Regulatory Authority, if, maybe, people somehow would be much more skeptical, much less likely to be scammed now that we all have heard about Madoff’s alleged $50 billion fraud — over and over again. He said FINRA asked a similar question to a group of seniors to gauge the impact of the widespread publicity about the Madoff scandal. One way some working people lost their retirement savings was after they attended financial seminars that targeted early retirees who had worked at the same plant or company. Because some past frauds have been so devastating to investors, FINRA will review seminar materials for human resource managers or company executives who are considering allowing a broker or planner to give a financial seminar at the factory or office. Investors can be even more vulnerable now given all the buyout programs in the auto industry and elsewhere, the job cuts, the market meltdown that reduced retirement savings dramatically. read more
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Among Japanese individual investors, interest in investment funds dealing in Indian stocks is rising. The growth rates of between 30 to 44 percent are attributable to rises in stock prices and independent investors’ active moves in buying up Indian stocks. Since 2003, the Indian economy has grown every year by 6-9 percent, while the Indian government has committed 35 trillion yen — around 30 percent of the country’s GDP — annually to infrastructure projects such as power plants, railways and expressways through 2012. In September 2007, 1 rupee hovered around the 3 yen mark, but as the financial crisis sank in over fall 2008, the exchange rate crashed, and by January 2009 1 rupee was worth around a mere 1. read more
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Sorry, this story is not available. Please navigate to other areas of the prnewswire. read more
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Net/ The Investor Relations and Corporate Governance seminars were organized in Yerevan jointly by NASDAQ OMX Armenia and the Partners for Financial Stability (PFS), a program run by USAID and the East-West Management Institute, NASDAQ OMX Armenia company’s press service says in a press release. The Investor Relations (IR) seminar held on June 17 gathered nearly 60 representatives of all capital market stakeholder groups, including issuers listed and admitted to trading on NASDAQ OMX Armenia, stock exchange member banks and investment companies, business journalists, as well as the Central Bank of Armenia. Speakers, both local and invited from the United States, Poland, and Estonia, covered a variety of topics such as importance of IR in modern corporate environment; IR development trends in Europe in the past two decades; information disclosure requirements that exist in European countries and Armenia; channels and tools used for communicating with investors; Baltic market experience in promoting the development of the companies’ IR function and rewarding IR outperformers. Having received very positive feedback regarding both events, NASDAQ OMX Armenia foresees that they will promote good governance practices and strengthen investor rights protection in Armenia, thus assisting the Armenian companies in attracting more capital for their development needs. read more
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The feds are boring down on Detroit after alleged bribery in the city’s approval of a sludge hauling contract. Check out our coverage of the Nevaeh Buchanan case as a grieving family and community search for answers. Search our database of more than 450 high school seniors who balanced academic and athletic achievement. Use of this site signifies your agreement to the Terms of Service and Privacy Policy , updated March 2009. read more
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TV Networks Global TV Global National Global BC Global Calgary Global Edmonton Global Lethbridge Global Saskatoon Global Regina Global Winnipeg Global Ontario Global Quebec Global Maritimes E! In the United States, the worst economic slump since the Great Depression appears to be abating, helping send stock markets soaring 40% from their lows in March. It’s still a big question mark whether the government’s attempts to fix the crisis will be enough to send the economy on a steady road to recovery. In Japan, the value of stocks sank about 75% over more than a decade, while in the U. He still sees some upside in stocks, with the Standard & Poor’s 500 Stock Index, now at 946, potentially reaching as high as 1,100. read more
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North Dakota League of Cities Making Meetings Work seminar, Thursday, Mayville, N. The Biomass ?09 Workshop, the seventh of its kind, offers an intense two-day technical program focused on the opportunities for the utilization of biomass for power, transportation fuels and chemicals. For more information and a registration form, call (701) 328-2910, (800) 297-5124 or log on to www. The conference is being hosted by the Sheyenne River Valley Chapter of the North Country Trail Association and will be held on the campus of Valley City State University. read more
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Matthew Lehman , chief operating officer of SPRI Clinical Trials-Global, LLC in his remarks at a recent seminar for biotechnology companies. To maximize long term shareholder value, companies must conduct research that is scientifically and statistically valid, clinically meaningful, and that optimizes the use of capital from a time and effectiveness standpoint, he said. To meet FDA objectives for clinical trials, companies must assure patient safety and evaluate efficacy with validated, clinically meaningful endpoints and statistical significance for the study, Lehman said. SPRI Clinical Trials-Global, LLC has principal offices in Kiev, Ukraine . read more
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