Finance and economics

Short-selling litigation: An enlightening mistake

A RARE slip-up by lawyers has helped shed some light on a high-profile legal battle, the details of which some of the largest Wall Street firms have been fighting to keep under wraps. The case concerns allegations of illegal “naked” short selling, …

JPMorgan Chase: Dimon in the rough

A BIG but digestible mistake by a financial institution with abundant profits and capital should normally be viewed as the market equivalent of an electric shock, a jolt that leads to smarter behaviour. The response to JPMorgan Chase’s $2 billion (an…

Accounting in China: Internal controls

THE big global accounting firms are not having an easy time of it in China. They have been caught up in the accounting scandals that have engulfed many Chinese firms that listed on America’s stock exchanges: on May 9th, for exampl…

Business

Lawsuit: Suicide Cleanup Firm Deceived Families, Left Them With Hefty Bill

iStockphoto/Thinkstock(DALLAS) — Five people in Texas said a biohazard removal company wildly overbilled them for cleaning up after their loved ones’ deaths, charging tens of thousands of dollars for jobs that were quoted at a fraction of the price.”T…

Former Facebook Employees: Company Celebrates New Ideas, Not New Wealth

Facebook(NEW YORK) — Facebook’s stock market debut seems to be creating a frenzy everywhere but at Facebook.Shares closed at $38.23 after fluctuating between $40 and $42 for most of the day.  Gizmodo reported shares were trading at a record…

Facebook IPO Fizzles; Dow Extends Losing Streak

Zef Nikolla/Facebook(NEW YORK) — The much anticipated Facebook IPO couldn’t help stocks Friday. It was a bad end to a dead-end week on Wall Street.The Dow closed down 59 points at 12,383 — its 12th day of losses in 13 trading sessions. The Nasdaq los…

Forex News

Forex News Review – Euro recovers losses, ends week above $1.27; CAD falls on declining oil

The euro reversed its losses in the U.S. trading session to trade above $.127, gaining [...]

Forex News – Canadian inflation rate rises in April, within BOC target

Inflation in Canada rose more than expected in April according to a CPI report released [...]

Forex Market Review – Euro bounces above $1.27

Euro extended its decline against the dollar going into the European trading session, falling to [...]

Daily Forecast

Elliott wave analysis on EUR/USD; USD/JPY and Natural Gas

 EUR/USD – Green wave iii ended at 1.2640 and we are currently seen green wave iv, which should correct a minor part of green wave iii and most likely will end in the 1.2750 – 1.2800 area, before green wave v takes us below important support near …

Elliott wave and technical analysis on EUR/USD; USD/JPY; GBP/USD; NZD/USD; The VIX; DJI; Junk Bonds and Copper

 EUR/USD – Should see one last decline towards strong long term support near 1.2625, which will mark the end to green wave iii. From close to 1.2625 we should see a minor correction in green wave iv before the next downside pressure in green wave …

USD at an important cross-road

 USD Index – Is testing strong resistance, but we we break above here (close above on a weekly basis) the next target will be at 91.61, which is the Inverted Shoulder/Head/Shoulder target. On the way up we should expect strong resistance at 88.75 …

Stocks

NASDAQ Stocks Tumbling Today: ADSK, SQNM, GALE, CSIQ, ZUMZ, FTEK

Autodesk, Inc. (NASDAQ:ADSK) is down 15.25% today at $29.44. ADSK has traded 12.3 million shares so far today, well above its daily average of 2.7 million shares. ADSK shares are down as its forecast for the current quarter disappoints. The company has a market cap of 6.59 billion. Check out Penny Stock Strategy for the [...]

These NYSE Stocks are Falling Today: SOL, YGE, PCX, TUMI, LDK, STP

ReneSola Ltd. (NYSE:SOL) is down 8.11% this morning at $1.36. SOL has traded 470 thousand shares so far today and trades 1 million shares a day on average. SOL shares have dropped about $0.50 a share this week after the company posted a first quarter loss last Friday. The company has a market cap of [...]

Silver Prices Eyeing the $30 Level Again. Silver Stocks to Watch: SLW, AGQ, SLV, HL, PAAS, CDE, SVM, EXK

After getting crushed for weeks, silver seems to have found its bottom and is rocketing off of it. Approaching $29 per ounce, the metal is being buoyed be renewed talks of QE3 and further monetary easing. The ongoing EU saga is also helping push the metal off its lows. Silver bulls are counting on a [...]

Markets

Rumors, Denials, and Visions of Chaos

Wolf Richter   www.testosteronepit.com
While the G-8 leaders are schmoozing with President Obama during their slumber party at Camp David, and while the parallel NATO summit and its protests and rallies are wreaking havoc on the streets in Ch…

PeakBook?

This time is different – Peak Facebook?

and notice that MySpace became ubiquitous considerably faster than Facebook.
 
and AH schizophrenia…

"The Truth Gets Out Eventually"

Some look at today’s FaceBook IPO flop, the ongoing market rout, and the situation in Europe with disenchantment and disappointment. We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the tru…

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| 19.05.2012 | 0 Comments

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| 19.05.2012 | 0 Comments

Article Source: http://www.articlealley.com/http://www.articlealley.com/new-auto-loans-related-hint-1063574.html

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| 19.05.2012 | 0 Comments

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| 19.05.2012 | 0 Comments

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The Graphite Digest — A roundup of recent news from graphite explorers

| 19.05.2012

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The Importance Of Floridas Bankruptcy Procedure Exemption Laws

| 19.05.2012 | 0 Comments

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