US News

Now that we all know that the European Central Bank and the Bank of England have made no changes to their economic policies that might significantly evoke dramatic investor and consumer responses, all eyes are fixed on the U.S. jobs report that is due to be published tomorrow. The tension and apprehension are so thick […]

Deal set to be completed during second half of 2013 NYSE Euronext has announced that its shareholders have approved the acquisition of the company by IntercontinentalExchange, a combination that joins two of the world’s leading operators of markets and exchanges to create the premier global exchange operator. The proposal, which required approval by a majority […]

Exchange set to begin delisting proceedings The New York Stock Exchange has announced that the staff of NYSE Regulation, Inc. (“NYSE Regulation”) has determined to commence proceedings to delist the Common Shares (the “Common Shares”) of Jaguar Mining Inc. (the “Company”) – ticker symbol JAG – from the NYSE. Trading in the Company’s Common Shares […]

Just to be certain, before putting fingers to keyboard for this story, I looked up the word “unstable” in the dictionary.  It defined “unstable” as “not stable.”  I may not be the sharpest knife in the drawer, but even my cat could have figured that out.  Digging a little deeper, I found the following definition […]

News from the Treasury As part of ongoing efforts to wind down and recover the remaining Capital Purchase Program (CPP) investments under the Troubled Asset Relief Program (TARP), the U.S. Department of the Treasury today announced that it intends to auction its warrant positions (the CPP Securities) in the following 16 institutions: Banner Corporation, Walla […]

After last week’s QE3 taper tantrum and fall from near all-time highs, the shortened week started on a calmer note with what looked like a rebound. This ultimately proved a tease and short-lived with better US data (housing, manufacturing, consumer confidence) being taken well in terms of growth/recovery rather than scaring market with worries of […]

It was 18 May 2012.  I remember it well.  I wished my daughter a Happy Birthday, then turned my attention to watching what was supposed to be a day of fanfare on the NASDAQ as Facebook was about to open its IPO.  Perhaps never before has the entire world been so highly focused on an […]

National Securiry deals resolved. Sprint and SoftBank have announced that they have received notice from the Committee on Foreign Investment in the United States (CFIUS) that it has completed its investigation of a proposed takeover of mobile operator Sprint by Japanese telecommunications giants SoftBank and has concluded there are no unresolved national security issues relating […]

GDP figures revised down. Real gross domestic product, the output of goods and services produced by labor and property located in the United States, increased in the United States at an annual rate of 2.4 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the “second” […]

Global recovery is uneven but gradual. The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD’s latest Economic Outlook. Historically high unemployment remains the most serious challenge facing governments. World real gross domestic product (GDP) is projected to […]