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Local Banks Show Improvement in Quarter
Published July 4, 2009, 8:01 pm, San Fernando Valley Business Journal
The fourth quarter of 2008 was brutal for state chartered banks in California. Return on assets, return on equity and net income dropped into the negative digits for many, and some banks accessed the Troubled Asset Relief Program (TARP) in anticipation of things getting worse.
Value of Saudi shares falls to SR780 billion
Published July 4, 2009, 4:18 pm, Arab News
JEDDAH: After falling 0.17 percent last week, the Saudi stock market continued its downward movement on Saturday. Petrochemical and banking stocks led the Tadawul All-Share Index (TASI) to a lower close after rising over the previous three sessions.
Canwest wins extension on re-capitalization plan
Published July 4, 2009, 1:38 pm, National Post
Canwest Global Communications Corp. has won an extension from its senior lenders on a deadline to come up with a definitive re-capitalization plan, the media company said Tuesday.
Should exchange-traded funds be in your portfolio?
Published July 4, 2009, 10:41 am, Daily Local News
Exchange-traded funds (ETFs) have become increasingly popular since they were introduced in the United States in the mid-1990s. Their tax efficiencies and relatively low investing costs have attracted investors who like the idea of combining the diversification of mutual funds with the trading flexibility of stocks. ETFs can fill a unique role in your portfolio, but you need to understand just ...
a0556 BC-US-AllBusiness 1stLd-Writethru 07-04 0990
Published July 4, 2009, 9:40 am, The Hays Daily News
Eds: CORRECTS spelling of executive's name to Ablin sted Albin. Moving on general news and financial services.
ALL BUSINESS: Cash is king for investors
Published July 4, 2009, 9:01 am, Washington Post
NEW YORK -- That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.
ALL BUSINESS: Cash is king for investors
Published July 4, 2009, 9:01 am, AP via Yahoo! Malaysia News
That old saying "cash is king" certainly rings true these days.
Investor sentiment shifts to tried and true -- cash
Published July 4, 2009, 7:50 am, Chicago Sun-Times
That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy. In the past, investors would cling to cash until the market's prospects brightened, and then money would pour back into stocks. That's just what the bulls today are hoping will drive a surge on Wall Street in the ...
For Investors, Cash Is King
Published July 4, 2009, 7:25 am, ABC News
Burned by the market, many seek cash assets for long-term portfolios.
Dow is weighed down by heavy-hitting large caps
Published July 4, 2009, 7:05 am, St. Louis Post-Dispatch
The sudden contraction in U.S. consumer spending and global liquidity that brought some of America's most revered companies to their knees has made the Dow Jones industrial average — meant to represent the country's leading companies — more a benchmark of laggards.
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