40 New China Dealers Added by Ford as it Targets Record Sales! Author: Michael Wynn 11/26/2010 November 25, 2010 – The 2nd biggest automaker in the U.S., Ford Motor Co. has opened up forty dealer outlets in China on 25th November, 2010. There are further plans by the company to add 26 more dealerships by [...]
Insider Trading Investigation Leads to Coordinated Raid of Hedge Funds in Probe Author: Nicholas Williams 11/24/2010 November 23, 2010 – Everyone in financial world was shocked when offices of three well known hedge funds were raided badly by government agents. Agents of the Federal Bureau of Investigation conducted a coordinated raid in Connecticut, New York [...]
Return of General Motors to Wall Street Author: Bulter Hagains 11/19/2010 November 19, 2010: It has been reported yesterday by the New York stock exchange that a surge of 1 percent has been recorded after the debut of the General Motors which was really strong. Talks with the Irish government has resulted in an acceptance [...]
The ups and Downs of the Week’s Trading John Early: 11/21/2010 November 20, 2010: By the end of the Friday’s trading session, US stocks closed without any luster after a very wild week of trading. During the final session it reached a breakeven point. The average raise was only 0.2 %. The Dow Jones Industrial [...]
Risks of Undervalued Currency Author: Bulter Hagains 11/19/2010 November 19, 2010: Ben S. Bernanke, chairman of the Federal Reserve, defended the Central Banks’ Monetary Stimulus abroad saying that it would rescue the world economy and totally criticized china for maintaining its currency weak, in a conference in Frankfurt. He said that it was the best [...]
Eva Files for Divorce – Parker Caught Cheating Author: Butler Hagains 11/19/2010 November 19, 2010: A representative of 29 year old Tony Parker, told a US magazine in a statement on November 18, 2010 that Eva and Tony were discussing in private about their situation. This is the reason that Tony Parker did not seem [...]
Bank Failures and Lawsuits Author: Butler Hagains 11/18/2010 November 18, 2010: Deputy inspector general of FDIC, in an interview conducted by the Wall Street journal reported on 11/17/10 of Fred Gibson of the federal deposit insurance corp. has started to pursue the cases against the directors, executives and employees of various failed banks since the [...]
Dow Stocks end at 11,000 Author: Harmeet Singh 11/18/2010 New York – For the fourth day in a row, Dow stocks nose-dived on 16th November, 2010 to register the largest one-day finance loss since August. In the backdrop of falling market, there are growing concerns over a solid slowdown in China. There is also a [...]
Pop Star Pink Revealed she is Pregnant! Author: Harmeet Singh 11/18/2010 On Ellen DeGeneres Show which will be telecasted today, 17th November, 2010 Pink has admitted that she is pregnant by saying that she is eating for two these days. The 31 year old pop star singer has revealed that she is expecting a ‘baby [...]
Wholesale prices shoot up for fourth consecutive month! Author: Harmeet Singh 11/18/2010 Washington – The Labor department, Washington said on 16th November, 2010 that the PPI (producer price index) rose by 0.4% last month. The same increase was recorded in August and September this year. October is the fourth consecutive month to have recorded increased [...]
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