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How can you profit from short side plays. TradingMarkets contributing writer Michael Shulman outlines some strategies to help traders plan, execute and manage risk through short selling.
With unemployment at its highest level in 15 years, got cash loan no faxing questions about what to do if you lose your job. Wall Street ended another unforgiving month with a steep loss after a spate of downbeat news unsettled investors. Citigroup Inc. agreed to turn cash loan no faxing over a big piece of itself to the government, a move that fanned worries that other banks would face crippling trouble with bad debt. WILLIMANTIC, Conn.----SI Financial Group, Inc. , the holding company of Savings Institute Bank and Trust Company , reported net income of or basic and diluted earnings per share, for the quarter ended December 31, cash loan no faxing 2008 versus net income of or basic and diluted earnings per share, for the quarter ended December 31, 2007. Peru and Chile, two of the top three copper producers, should work cash loan no faxing together to boost sagging metal prices as the world economic crisis slashes demand for copper, president said Sunday. NEW YORK----The Blackstone Group L.P. today reported its 2008 results. JASPER, Ala.----Pinnacle Bancshares, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of cash loan no faxing per share. The dividend is payable March 20, 2009 to stockholders of record on March 9, 2009.
Mortgage applications filed last week rose a seasonally adjusted compared with the week before, as borrowers rushed to lock in lower rates, according to the Mortgage Bankers weekly survey. Aflac, Inc. announced today that Daniel P. Amos, Chairman and Chief Executive Officer, has elected to forgo his 2008 bonus of million that he earned based cash loan no faxing on achievement of operating performance measures.
DALLAS----Texas Pacific Land Trust announced today that its Board of Trustees has declared cash loan no faxing a regular dividend of per sub-share payable March 23, 2009 to shareholders of record on March 12, 2009. The chief of staff is criticizing U.S. car companies for relying too long and gas guzzlers and not investing enough in alternative energy vehicles. Eagle Materials Inc. reported Thursday that its fiscal third-quarter profit fell by half, hurt by lower sales of gypsum wallboard and concrete cash loan no faxing and an unfavorable comparison with income from a legal settlement in the year-earlier period.
Cornerstone Bancshares, Inc. today announced the following: Cornerstone Bancshares, Inc. cash loan no faxing Board of Directors announced the record date and payment date of quarterly dividend. As the gap between pension fund assets and liabilities increases, a growing number of sponsors are looking to reduce their exposure to expensive defined benefit schemes and hand over management to an insurer through a buy-out.
enough to make you blush: Some politicians want a bigger taste of the naughty side, pushing for special taxes on dirty magazines, racy movies, sex toys and strip clubs. cash loan no faxing
NEW YORK----Fitch Ratings has taken various actions on 41 structured finance and 87 commercial real estate collateralized debt obligations . The rating actions resolve the status issued on Oct. 14, 2008 following announcement of cash loan no faxing its proposed criteria revision for analyzing SF CDOs. John Hancock Patriot Premium Dividend Fund II announced today that the Fund is offering to purchase up to of the outstanding common shares , or 2,629,996 Shares , at a price equal to of the net asset value per share on the date the tender offer expires. Autodesk, Inc. today reported revenue of cash loan no faxing million for the fourth quarter of fiscal 2009, a decrease of 18 percent over the fourth quarter of fiscal 2008.
President Obama on Thursday pulled back the curtain on his first detailed vision of the federal budget, revealing an ambitious plan to reform health care and shift tax burdens while vowing to slash the deficit over cash loan no faxing the long run. NEW YORK----CIT Group Inc. , a bank holding company, today announced that it provided financing to Wellman, cash loan no faxing Inc., a manufacturer of packaging resin used in plastic beverage bottles and other food packaging, to facilitate the exit from Chapter 11 bankruptcy. Petrohawk Energy Corporation today announced that it has filed a cash loan no faxing preliminary prospectus supplement to its existing shelf registration statement with the U.S. Securities and Exchange Commission relating to an underwritten public offering of 22,000,000 shares of its common stock.
Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of nine of its closed-end municipal bond funds .
WAYCROSS, Ga.----Atlantic Coast Federal Corporation , the holding company for Atlantic Coast Bank, today cash loan no faxing reported a net loss of or per basic and diluted share for the fourth quarter of 2008 versus a net loss of or per basic and diluted share in the year-earlier quarter. DALLAS----Eagle Materials Inc. today reported fiscal third quarter net earnings of million . For the same period a year ago, Eagle reported net earnings of cash loan no faxing million , which included after-tax income of million related to the favorable settlement of an outstanding lawsuit at our Lawton, Oklahoma paper mill.
Stocks began the week on a major down note, with the major averages selling off throughout the session. Reporting earnings after the market closes on Tuesday is Wynn Resorts. NEW YORK----Leucadia National Corporation today announced cash loan no faxing its operating results for the year ended December 31, cash loan no faxing 2008. Net loss was or per diluted common share for the year ended December 31, 2008 compared to net income of or per diluted common share for the year ended December 31, 2007.
LOS ANGELES----Timothy F. Brick, chairman of the board of directors of the Metropolitan Water District of Southern California, and Jeffrey Kightlinger, general manager, issued the following statement in reaction to Gov.
WILLIMANTIC, Conn.----SI Financial Group, Inc. , the holding company of Savings Institute Bank and cash loan no faxing Trust Company , reported net income of or basic and diluted earnings per share, for the quarter ended December 31, 2008 versus net income of or basic and diluted earnings per share, for the quarter ended December 31, 2007. Abu Dhabi is assessing its billion investment in Citigroup as the problems deepen and consequences of a possible nationalization become clearer, according to sources close cash loan no faxing to the Abu Dhabi Investment Authority . Limited Brands conservative approach is appropriate, analysts said Friday, but near-term results are likely to remain weak. NEW YORK----Fitch Ratings assigns an cash loan no faxing rating to the approximately of California Educational Facilities Authority, revenue bonds series 2009A. The bonds are scheduled to sell via cash loan no faxing negotiation on or about March 11, 2009. AUSTIN, Texas----Borland Software Corporation , the global leader in Open Application Lifecycle Management , today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2008.
Billionaire Warren Buffett says all kinds of investors finished 2008 bloodied and confused because of the dysfunctional credit market and other financial turmoil.
The formula for a financially successful retirement used to be straightforward: Work for decades for one employer and then live happily ever after on the pension, cash loan no faxing Social Security and whatever personal savings you were able to amass. SAN DIMAS, Calif.----American States Water Company will release its fourth quarter and year end 2008 results on Thursday, March 12, 2009, cash loan no faxing followed by a conference call at 11:00 a.m. Provident Financial Services, Inc. announced that in accordance with the retirement policy, Paul M. Pantozzi, Chairman and Chief Executive Officer, will retire effective September 1, 2009.
Treasurys fell Thursday as the government auctioned off a record amount of cash loan no faxing debt this week and President Barack Obama outlined a budget that called for more spending.
Republic Services Inc., which recently combined with Allied Waste Industries Inc., said Friday that it expects full-year adjusted profit below estimates.
STARKVILLE, Miss.----Cadence Financial Corporation today announced that the Board of Directors declared a quarterly cash dividend of per share. The cash dividend is payable April 1, 2009, to shareholders cash loan no faxing of record as of March 18, cash loan no faxing 2009.
Stericycle is cleaning up, as its medical-waste disposal business grows. NEW YORK----Fitch Ratings assigns an rating to the approximately of California Educational Facilities Authority, revenue bonds series 2009A. The bonds are scheduled to sell via negotiation on or about March 11, 2009. DALLAS----Texas Pacific Land Trust announced today that its Board of Trustees has declared a regular dividend of per sub-share payable March 23, 2009 to cash loan no faxing shareholders of record on March 12, 2009. CHICAGO----Fitch Ratings views favorably the recent announcement by JBS that it has terminated the acquisition process for National Beef Packing Company, LLC, as this transaction would have increased the leverage significantly and would have weakened its liquidity. Major business events and economic events scheduled for the coming week : MONDAY, March 2 NEW YORK -- The Institute for Supply Management releases its manufacturing index for February, 10 cash loan no faxing a.m. Months ago, policy markers were desperately trying to curb fears of a financial crash with sharp interest rate cuts and massive bailouts. And, while the haze of panic may have dissipated with cash loan no faxing time, risk appetite continues to suffer from burgeoning recessions, falling interest rates and government reforms that smack of nationalization.
photo: CEMEX The cement industrys contribution to global warming is pretty concrete - its responsible for of greenhouse gas emissions, fueled by demand from the rapidly industrializing economies of China and India. Warren Berkshire Hathaway Inc. cash loan no faxing reported a 96 percent drop in its fourth quarter profit because of largely unrealized losses of billion on investments and derivative contracts. cash loan no faxing
Germany and the Netherlands refused Sunday to throw a lifeline to eastern European countries who seek a quick entry to the euro currency.
John Hancock Patriot Premium Dividend Fund II announced today that the Fund is offering to purchase up to of the outstanding common shares , or 2,629,996 Shares , at a price equal to of the net asset value per share on the date the tender cash loan no faxing offer expires. Provident Financial Services Inc., the parent of Provident Bank, said Friday that Paul M. Pantozzi will retire after 16 years as chief executive officer on Sept. 1, but stay on as chairman. HOUSTON----Plains All American Pipeline, L.P. today announced that it has filed its Annual Report on Form 10-K for the fiscal cash loan no faxing year ended December 31, 2008 with the Securities and Exchange Commission.
The dollar moved higher against the euro, but slipped cash loan no faxing versus the yen and pound Friday as investors mulled the latest rescue deal for troubled bank Citigroup Inc. and the sharp drop in U.S. output in the fourth quarter. The chairman and chief executive of regional bank KeyCorp received compensation valued at nearly million in 2008, 22 percent less than his pay package in 2007, as the company booked hefty losses and accepted federal support.
The U.S. economy suffered its deepest contraction since early 1982 in the fourth quarter, shrinking at a much worse-than-expected 6.2 percent annual rate as exports plunged and consumers slashed spending. Making smart choices in this difficult economy requires timely information. cash loan no faxing Gerri answers three of our questions. Claims that President Barack tax plans are an assault on small business skirt the likelihood that most job-producing small businesses feel that pinch at all. cash loan no faxing NEW YORK----Fitch Ratings takes various rating actions on the following small balance bonds as follows: The U.S. government will exchange up to billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises.
The chairman and chief cash loan no faxing executive of regional bank KeyCorp received compensation valued at nearly million in 2008, 22 percent less than his pay package cash loan no faxing in 2007, as the company booked hefty losses and accepted federal support.
PREMIER FINANCIAL BANCORP, INC. , a million community bank holding company with six bank subsidiaries announced today that it will pay a first quarter cash dividend of per share on its common cash loan no faxing stock. American International Group board approved the latest overhaul of a U.S. government rescue on Sunday that includes billion in new equity and other measures aimed at bolstering the struggling insurer, according to a source familiar with the matter. Hyundai finds a way to attract new-car buyers who are worried about losing their jobs. Residents of southwest Nebraska who paid cash loan no faxing millions in property taxes under part of a water law deemed unconstitutional by the state Supreme Court could get their money back. downturn be as severe as the one in home building, according to a report released Wednesday by the Remodeling Futures Program. There are a few reasons why:
MONTERREY, Mexico----CEMEX, S.A.B. de C.V. announced today that it has successfully completed its refinancing plan. cash loan no faxing CEMEX had previously announced that it had selected five banks to coordinate a global effort to: i) negotiate new long-term syndicated facilities to replace existing short-term bilateral cash loan no faxing ii) extend the maturity by one year of a portion of the billion Rinker acquisition syndicated loan facility due in December 2009 and iii) amend the leverage ratio covenant, among other conditions, of cash loan no faxing certain existing syndicated loan facilities. Shares of General Motors Corp. fell on Friday as investors remained cautious over the future a day after it reported a nearly billion quarterly loss.
The personal savings rate has been rising: In the last three months of 2008, it hit its highest level in six years. SAN MATEO, Calif.----Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE closing price as of January 31, 2009. Petrohawk cash loan no faxing Energy Corporation today announced that it has priced its public offering of 22,000,000 shares of common stock. The Company has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of common stock.
Limited Brands conservative approach is appropriate, analysts said Friday, but near-term results cash loan no faxing are likely to remain weak. JACKSON, Miss.----Trustmark Corporation Chairman and CEO Richard G. Hickson will address analysts and investors attending the Keefe, Bruyette Woods Regional Bank Conference at The Langham Hotel in Boston, Massachusetts, Wednesday, March 4, 2009 at 2:30 p.m.
Flagstar Bancorp, Inc. , the holding company of Flagstar cash loan no faxing Bank FSB, today reported the completion of an investment of million from MP Thrift Investments L.P. cash loan no faxing , an entity formed by MP Global Partners III LLC, an affiliate of MatlinPatterson Global Advisers. Republic Services, Inc. today reported a net loss for the three months ended December 31, 2008, of million, or per diluted share, compared to net income of million, or per diluted share, for the same period cash loan no faxing in 2007. PORTLAND, Ore.----StanCorp Financial Group, Inc. today announced it will present at the Annual AIFA Conference. Greg Ness, president, and chief operating officer and Floyd Chadee, senior vice president and chief financial officer, will represent StanCorp and are scheduled to speak at approximately 4:40 p.m. This unfortunate trend offers cash loan no faxing several investment ideas. The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her bond and avoid spending the weekend in jail. Falling oil prices will force Iraq to cut back on military spending, leaving questions about whether it can handle tasks such as protecting oil platforms in the Gulf once the American pullout is cash loan no faxing complete, a top U.S. commander said. The law firm of Whatley Drake Kallas, LLC today announced that a class action lawsuit was filed in the United States District Court for the Middle District of Alabama on behalf of purchasers of common stock of cash loan no faxing Colonial BancGroup, Inc. on behalf of all individuals who acquired CNB stock between Jan. 23, 2008 and Jan. 27, 2009 .
European Central Bank President Jean-Claude Trichet said in an interview that a pick up in the economy will be seen next year. cash loan no faxing NEW YORK----Tower Group, Inc. announced today that it has completed the acquisition of HIG, Inc. , a specialty property and casualty insurance holding company, cash loan no faxing from a subsidiary of Brookfield Asset Management Inc. for million.
NASSAU, The Bahamas, Feb. 25, 2009 -- Steiner Leisure Limited today announced financial results for the fourth quarter and year ended December 31, 2008. After a multiyear string of busts, home builders are hoping sales may show a flicker of life in 2009 during the all-important spring selling season that unofficially kicks off the weekend cash loan no faxing after the Super Bowl.
Investors are seeing the depth of the current economic downturn and revaluing stocks accordingly.
Cascades Inc. announces its unaudited financial results for the three months and fiscal year ended December 31, 2008. Operating income before depreciation and net earnings excluding specific items increased respectively to million and million in the fourth quarter of 2008 compared to million and million in the same period cash loan no faxing last year. Danaher Corporation today announced the proposed public offering of million of its senior notes due 2019. The public offering will be made pursuant to an effective shelf registration statement on file with the U.S. cash loan no faxing Arthur J. Gallagher Co. announced today that it has completed the previously announced acquisition of policy renewal rights from Liberty middle-market commercial business located cash loan no faxing in their Midwest and Southeast regions. NASSAU, The Bahamas, Feb. 25, 2009 -- Steiner Leisure Limited today announced financial results for the fourth quarter and year ended December 31, 2008. Net Loss of Per Diluted Share for the Adjusted Earnings Per Diluted Share for the Quarter WASHINGTON----Joe Robson, chairman of the National Association of Home Builders , today issued the following statement on President proposal to reduce the value of the mortgage interest and real estate tax deductions for home buyers cash loan no faxing and home owners in order to pay for an expanded health care initiative:
LOUISVILLE, Ky.----Porter Bancorp, Inc. , parent company of PBI Bank, announced today that its Board of Directors declared a cash dividend cash loan no faxing of per share. The dividend will be payable on April 1, 2009, to shareholders of record as of March 15, 2009.
The House of Representatives passed a billion spending bill Wednesday to keep the federal government operating cash loan no faxing for the remainder of fiscal year 2009, which ends Sept. 30. Bankrate financial columnist Steve Bucci lists the top five ways to make your tax season bleak. Renters immune to the heartache of foreclosure. When their landlords default on the mortgage, tenants could be squeezed out of a place to live. But often renters aware of their rights in these situations. CHICAGO----Hub cash loan no faxing International Limited announced today the completion of its acquisition of the renewal rights to Liberty middle market commercial property and casualty business in Arizona, Arkansas, California, Colorado, Hawaii, Kansas, Louisiana, Nebraska, Oklahoma, Utah and Texas. CIBER, Inc. today announced that it has closed its previously announced underwritten public offering of 8 million shares of its common stock at a public price of per share. cash loan no faxing Major business events and economic events scheduled for the coming week : MONDAY, March 2 NEW cash loan no faxing YORK -- The Institute for Supply Management releases its manufacturing index for February, 10 a.m. ParkerVision, Inc. , today announced the pricing of three separate and concurrent offerings to sell an aggregate of 5,994,963 shares of its common stock and 431,320 warrants to purchase shares of common stock under the previously filed shelf registration statement, which was declared effective by cash loan no faxing the Securities and Exchange Commission on January 20, 2009.
PASADENA, Calif.----Consolidated net income of Wesco Financial Corporation and its subsidiaries for the fourth quarter of 2008 amounted cash loan no faxing to compared with for the fourth quarter of 2007. eLong, Inc. , a leading online travel service provider in China, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2008. PORTLAND, Ore.----The Standard Charitable Foundation, the independent charitable and philanthropic arm of Standard Insurance Company , a subsidiary of StanCorp Financial Group, Inc. , has announced a one-year grant of to the mental health program Give an Hour. JERICHO, N.Y.----Leo Liebowitz, Chief Executive Officer and Chairman of the Board of Getty Realty Corp. cash loan no faxing , reported that, at the Board of Directors meeting held today, the Directors unanimously approved the election of cash loan no faxing Mr. LAS VEGAS----Western Alliance Bancorporation announced that its Bank of Nevada affiliate has assumed all the deposits of Security Savings Bank after the bank was closed today by the Commissioner of the State of Nevada Financial cash loan no faxing Institutions Division. Revered investor Warren Buffett released his annual letter to Berkshire Hathaway Inc. shareholders Saturday morning. The Berkshire chairman recounted a painful year he and vice chairman Charlie Munger oversaw for the Omaha-based company, but Buffett also offered a hopeful view of the future. Grupo Simec, S.A.B. de C.V. announced today its preliminary results of operations for the year ended December 31, 2008. CHICAGO----Interpublic Group of Companies released earnings this morning. As expected, organic revenue in the fourth quarter of 2008 was negative, cash loan no faxing at down while EBITDA margins were healthy at cash loan no faxing Blue Coat Systems Inc., which makes security equipment for corporate computer networks, said Thursday its fiscal third-quarter net income dropped sharply as higher expenses weighed on results. Texas oilman T. Boone Pickens appeared with governor Friday to pitch his plan for decreasing the dependence on foreign oil, a strategy that could give windy states like Montana a key role.