World Financial Split Corp has released its Semi-Annual Report to June 30, 2011: Distributions to Class A shareholders remained suspended in accordance with the terms of the prospectus which states: “No distribution will be paid …
Search Results for: performance
August 26, 2011
Three cheers for Muddy Waters! The Ontario Securities Commission said it ordered five executives of Sino-Forest Corp. (TRE) including Chief Executive Officer Allen Chan to resign because the forestry operator may have misrepresented revenue and …
August 25, 2011
Only four months until Christmas! Oh, those naughty European speculators! No matter how often they’re told everything is fine, they keep panicking! Stocks retreated as panic selling pushed Germany’s DAX Index (DAX) down 4 percent …
August 24, 2011
Moody’s downgraded Japan: Japan’s debt rating was lowered by Moody’s Investors Service, which cited “weak” prospects for economic growth that will make it difficult for the government to rein in the world’s largest public debt …
August 23, 2011
Some parts of the US economy are growing rapidly: At least one sector of the economy is booming, and President Barack Obama can legitimately take credit for it. Since he took office, employment has surged …
August 22, 2011
Richard W Fisher, President and Chief Executive Officer of the Federal Reserve Bank of Dallas, gave a speech titled Connecting the dots – Texas employment growth; a dissenting vote; and the ugly truth (with reference …
August 19, 2011
William C Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York gave a speech titled The national and regional economic outlook providing some colour on the Second Dip: While there …
August 18, 2011
It’s been a bad few weeks for pension plans: Pension consulting firm Aon Hewitt estimates the average funded position of corporate pension plans in Canada fell from 97 per cent on July 25 to 85 …
August 17, 2011
Both Yellow Media common and Sino-Forest common will be removed from the MSCI world index. Predictably, it doesn’t look as if the proposed European financial transaction tax is going anywhere: Banks criticized Franco-German plans for …
August 16, 2011
Oh joy, oh bliss! US monetary policy is being politicized – and in pretty polemical terms: Texas Governor Rick Perry, finishing his first full day of campaigning for the U.S. Republican presidential nomination in Iowa, …