Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Dividend diamonds in the European rough

Category : Business

In a world of diminutive interest rates, where can international investors find any kind of reasonable and secure income stream? Surprisingly, given the current political and economic backdrop, Europe may offer some opportunities.

Continue reading here: Dividend diamonds in the European rough

Post to Twitter

Mining operations have long been a backdoor way for investors to benefit from the rising price of precious metals such as gold, but this year mining stocks ([[GDX]], [[GDXJ]]) have lagged the price of physical gold (GLD). The disparity has grown so…

Category : Stocks

Mining operations have long been a backdoor way for investors to benefit from the rising price of precious metals such as gold, but this year mining stocks (GDX, GDXJ) have lagged the price of physical gold (GLD). The disparity has grown so wide that some analysts say the miners are now reasonable, but investors should remain mindful that “they’re stocks… by definition, they’re going to be more correlated to the equity market than the metals.” 6 comments!

Read more here: Mining operations have long been a backdoor way for investors to benefit from the rising price of precious metals such as gold, but this year mining stocks ([[GDX]], [[GDXJ]]) have lagged the price of physical gold (GLD). The disparity has grown so…

Post to Twitter

Gold Mining USA Inc. (SOCU: OTC Link) | SOCU Annouces Company Name Change

Category : Stocks, World News

GOLD MINING USA INC. (US Stock Symbol: SOCU) Announces Company Name Change

May 25th 2012

Gold Mining USA Inc.’s, President and CEO Alan Muller and Chairman/Secretary Maurice Byrne would like to formally announce that the company has undergone a name change through FINRA and will no longer be known as Standard Oil Company USA Inc.

Post to Twitter

Sprint’s $100 Android Tablet From ZTE

Category : Stocks

Contributor Gary Krakow takes a look at the ZTE Optik, a capable Android tablet with a reasonable price.

See original here: Sprint’s $100 Android Tablet From ZTE

Post to Twitter

Syria ‘pledges respect’ for Annan plan

Category : World News

Foreign minister Walid al-Muallem says deployment of 250 UN monitors is “reasonable and logical”, during visit to China.

Read more: Syria ‘pledges respect’ for Annan plan

Post to Twitter

3 small but mighty funds

Category : Business

When it comes to mutual funds, smaller is often better. Tiny portfolios, like Oceanstone, are nimbler than billion-dollar behemoths, allowing managers to seize opportunities; the downside is that their fees are often higher. Here are three pint-size funds with reasonable fees and excellent records.

Read this article: 3 small but mighty funds

Post to Twitter

Dip Buyers Still in the Driver’s Seat: Dave’s Daily

Category : Business

European stocks rose early on thoughts from bulls that the sovereign debt crisis will be contained. Well, maybe for a week or two. China manufacturing data improved to a reading of 51 from 50.5. In the U.S. Jobless Claims (513K vs a revised 353K previous); Personal Income & Outlays (.3% vs .5% expected and Spending .2% versus .4% expected). The so-called Core PCE Price Index (.2% vs .1% previous); the important ISM Mfg Survey missed but still expanding (52 versus 54 expected and 54.1 previous) and, Construction Spending also missed (-.1% vs 1% expected and previous 1.4%).

On the inflation front came a contradictory analysis from the American Institute for Economic Research which showed by their measure inflation really at 8%. This seems more logical and reasonable based on their methodology.

Click to view a price quote on MSFT.

Click to research the Computer Software & Services industry.

Go here to read the rest: Dip Buyers Still in the Driver’s Seat: Dave’s Daily

Post to Twitter

HSBC’s Gulliver earned his millions for a so-so rather than a superb outcome

Category : Business

The days when HSBC was the low-payer of the Big Banking world have been left behind

Satisfactory in aggregate. Yes, it’s a fair guess that the officer class at HSBC took that view of their personal rewards last year. Some 192 of them earned £1m or more. Stuart Gulliver, chief executive, earned £7.2m or £6.6m or £4.2m depending on how one cuts the numbers – the differences being caused in part by the timing of the payment of deferred awards. Let’s just call it a lot.

But chairman Douglas Flint wasn’t talking about pay when he used the “satisfactory in aggregate” phrase. He meant the bank’s financial performance in 2011. Lucky old Gulliver, in other words, gets his many millions or so for a so-so, rather than a superb, outcome. The days when HSBC had a reputation as the low-payer of the Big Banking world have been left behind.

Are the HSBC executives worth it? Relative to other banks (a critical clause), a reasonable case can be made. HSBC boasted about the $27bn (£17bn) that has been paid to shareholders in dividends over the past four years. That’s not quite as impressive it seems since £12.5bn travelled in the opposite direction via 2009′s giant rights issue. But you know what they mean: HSBC, thanks to its leadership in Asia, is in a much healthier position than most of its peers. It is reckoned to fund as much as 9% of global bank-financed trade and being the bank of globalisation is still a useful place to be.

But stability is one thing. For HSBC to become an exciting investment, Gulliver’s attempt to make the bank a slicker and sharper firm (and not just one that pledges to avoid catastrophes like the 2003 purchase of US sub-prime lender Household) will have to bear fruit.

Progress is slow. At the key level, pre-tax profits for 2011 fell 6% to $17.7bn. A year ago, Gulliver set a target of a cost-to-income ratio of 48%-52% by the end of 2013. Last year, however, HSBC travelled away from the target, rather than closer to it – the ratio rose from 55.2% to 57.5%. Meeting the target on time is now regarded as “challenging”. The problem is not Gulliver’s enthusiasm for cost-cutting; it’s the sluggish growth in the income line, notwithstanding all that trade flowing between China and South America.

The market reacted by knocking HSBC’s share price back 4.5%, which was a reasonable response. Gulliver will continue to earn bonuses for many things – but early delivery of all his three-year targets will probably not be among them.

Can Charity Replace Uncle Sam Safety Net?

Category : Business, Stocks

The Ayn Rand Institute’s executive director argues that independent charity could be a reasonable substitute for government social safety nets.

See the original post here: Can Charity Replace Uncle Sam Safety Net?

Post to Twitter

Top 10 Financial ETFs

Category : Business

There are currently nearly 40 ETFs oriented to the financial sector. The following analysis features a reasonable list of ETF selections. We believe these constitute the best index-based offerings individuals and financial advisors may utilize.

ETFs are based on indexes tied to well-known index providers including Russell, S&P, Barclays, MSCI, Dow Jones and so forth. Also included are some so-called “enhanced” indexes that attempt to achieve better performance through more active management of the index.

The financial sector has been at the epicenter of economic and stock market woes during the 2008-2011 (and perhaps beyond) periods owing primarily to the housing bubble bust and collapse of security products created to accommodate rising real estate prices. As investors know this collapse has led to ongoing bailouts and bankruptcies. The sector is on the mend to start 2012. It’s quite remarkable that from mid-November to mid-February 2012 (a three month span) many ETFs featured have gained as much as a stunning 50%.

Post to Twitter