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Capitalist's Edge News Watch November 23, 2008 members login here
>>   Equity markets
Investors' fears remain despite rally 
Las Cruces Sun-News - 3 Hours ago
PM MST NEW YORK Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long
Investor Fear Remains Deep KPTV.com
Investor fear remains Amarillo Globe News
all 5 news articles >>    Add Comment

The holiday week ahead 
CNN - 10 Hours ago
Wall Streeters returning to work Monday have at least one thing they can be thankful for: Thanksgiving is one less day the market is open. And after a week in which the S&P 500 fell to 11-1/2-year lows,     Add Comment

Bailout is Henry Paulson's gift to Wall Street cronies 
Los Angeles Times - 2 Hours ago
Regarding ',' Nov. 19:If there was any doubt that the estimated $700-billion bailout was to be a gift to Treasury Secretary Henry M. Paulson's cronies on Wall Street, the evidence is now clear. Paulson's     Add Comment

After-hours action: Autos mixed 
MarketWatch - 3 Hours ago
LOS ANGELES (MarketWatch) -- Citigroup Inc. shares rose Friday evening, standing out among volume leaders whose shares dropped sharply as investors booked gains from the dayside's rally. The Nasdaq-100     Add Comment
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>>   Commodities
For Sellers, Cash Is Good As Gold 
TMC Net - 3 Hours ago
(Tampa Tribune (FL) Via Acquire Media NewsEdge) Nov. 23--TAMPA -- Tough economic times are turning jewelry stores into buyers instead of sellers as people bring their gold to convert glitter into green.     Add Comment

Millers demand direct allocation of wheat to curb price rise 
The Hindu - 5 Hours ago
New Delhi (PTI): Flour millers have demanded from the Centre to allocate wheat to them at a fixed rate and as per their requirement instead of adopting time-taking tender process that has failed to keep     Add Comment

USB: Soil tests help plan for next soybean season 
AgProfessional - 4 Hours ago
ST. LOUIS -- As harvest comes to a close and input prices continue to fluctuate, soybean farmers have actively begun planning for next year. One tool that will help make these plans is a fall soil test.     Add Comment

Gaza bakeries resort to â??secondaryâ? wheat used to feed birds 
International Middle East Media Center - 5 Hours ago
The Popular Committee Against the Siege starts collecting medicine to send to Gaza05:58 Sun 23 Nov Two Palestinians wounded in an Israeli shelling to Gaza04:54 Sun 23 Nov Settlers in Hebron right graffiti     Add Comment
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>>   Corporate finance
Impala suspends share buy-backs as it reviews capex 
Miningmag - 114 Minutes ago
Impala Platinum (Implats), the world's second biggest platinum producer, said on Thursday it had suspended its share buy-back programme and would review all its capital expenditure plans. Impala said     Add Comment

Bid for CCA won't be hostile: Lion Nathan boss 
ABC Online - 9 Hours ago
Lion Nathan CEO Rob Murray says there is no chance of his company's bid to take over Coca-Cola Amatil (CCA) becoming hostile. News of the move was leaked during the week, leading to speculation about
Lion won't turn hostile in CCA bid Business Spectator
CCA Rejects Lion Nathan But Persistence Is Expected Corporate Financing Week
all 2 news articles >>    Add Comment

Good risk management can sway investors: Study 
Business Insurance - 4 Hours ago
WINDSOR, Englandâ??The ability to demonstrate good risk management practices can have a positive affect on a companyâ??s share price and how it is viewed by investors, according to a study of U.K. investment     Add Comment

AngloGold rallies after refinancing convertible with loan 
Yahoo! - 10 Hours ago
LONDON (MarketWatch) -- AngloGold Ashanti (AU:AUNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderFinancials Sponsored by:, , ) rose nearly 20% in preopen trade as the company
AngloGold gets $1bn loan to refinance convertible bond Mining Weekly
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>>   IPO
Govt defers RITES IPO, approves OIL share disinvestment 
Economictimes - 4 Hours ago
NEW DELHI: The current market volatility may have prompted the government to defer disinvestment in rail infrastructure company RITES Ltd, but it has decided to offload its 10 per cent holding in upstream     Add Comment

Glacier Bancorp, Inc. Completes Public Offering, Raises $98 Million 
TickerTech.com - 4 Hours ago
KALISPELL, Mont., Nov. 19 /PRNewswire-FirstCall/ -- Glacier Bancorp, Inc. announced today the completion of its public offering of 6,325,000 shares of common stock at a price of $15.50 per share, including
Glacier Bancorp completes public offering of common stock Banking Business Review
Glacier Bancorp, Inc. Completes Public Offering, Raises $98 PR Newswire via MSN Money
all 2 news articles >>    Add Comment

Grand Canyon Education, Inc. Announces Pricing of Initial Public Offering 
TickerTech.com - 4 Hours ago
PHOENIX, Nov. 20 /PRNewswire-FirstCall/ -- Grand Canyon Education, Inc. today announced the initial public offering of 10,500,000 shares of its common stock at $12.00 per share. The shares will begin
IPO REPORT: Grand Canyon Education Ends IPO Drought, But Shares St... Career College Central
CORRECTED-BRIEF-Grand Canyon Educ starts trading at $10 [XFNA] Aastocks.com
all 36 news articles >>    Add Comment

Janata plans to raise Tk 100cr in IPO 
Bangladesh Daily Star - 4 Hours ago
State-owned Janata Bank plans to raise Tk 100 crore from capital market through initial public offering (IPO) next year in a bid to strengthen its capital base. A senior official of the bank on condition     Add Comment
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>>   Fed watch
Obama Picks N.Y. Fed President Geithner as Treasury Secretary: Geithner Has Helped  
Washington Post - 83 Minutes ago
President-elect Barack Obama has selected New York Federal Reserve Bank President Timothy F. Geithner as Treasury secretary, handing the post to a primary architect of the Bush administration's response     Add Comment

Plosser: Housing May Near Bottom Next Year 
MoneyNews.com - 4 Hours ago
The troubled U.S. housing market should find a bottom in the middle of 2009, Philadelphia Federal Reserve President Charles Plosser said Friday, but he acknowledged the outlook remains highly uncertain.
Fed's Plosser says US housing bottom may next year Forbes.com
Fed's Plosser says housing to bottom next year CNBC
all 5 news articles >>    Add Comment

Lacker: Fair to Expect Rebound in 2009 
MoneyNews.com - 4 Hours ago
Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday it is reasonable to expect the economy to reverse a downward track some time in 2009, and warned of inflation risks in any rebound.
Reasonable to expect rebound in 2009 National Post
Fed's Lacker-reasonable to expect rebound in 2009 Financial Mirror
all 15 news articles >>    Add Comment

Kohn: Weak Economy Likely to Persist 
MoneyNews.com - 4 Hours ago
U.S. Federal Reserve Vice Chairman Donald Kohn said on Wednesday shakiness in the economy and the financial system are likely to continue for an extended period and that regulation, not rate rises, were
Fed: Economy has 'significant weakness' CourierPostOnline.com
Fed: Economy to stay 'weak' Straits Times
all 4 news articles >>    Add Comment
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>>   Stockwatch
Safety or Illusion? Dividends in a Downturn 
Washington Post - 3 Hours ago
As stock prices plunge, many companies start looking attractive to investors for their rising dividend yields. But wait: Many of those same companies are struggling -- their profits in danger, their cash     Add Comment

Safety or Illusion? Dividends in a Downturn 
Washington Post - 3 Hours ago
As stock prices plunge, many companies start looking attractive to investors for their rising dividend yields. But wait: Many of those same companies are struggling -- their profits in danger, their cash
MARKET BUZZ: Safety or Illusion? Dividends in a Downturn Washington Post
all 1 news articles >>    Add Comment

Gilat to Host 3Q 2008 Conference Call and Webcast 
TradingMarkets - 2 Hours ago
ellite Networks announced that it will release its third quarter 2008 financial results on Monday, November 24. Following the earnings announcement, Gilat will host a conference call at 9:30 AM EST. To     Add Comment

Univision Reports 2008 3Q Results 
TradingMarkets - 2 Hours ago
Communications, a Spanish-language media company in the United States, has announced financial results for the third quarter and nine months ended September 30. The company noted in its report that for     Add Comment
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>>   Mergers & acquisitions
UPDATE 1-Amlak, Tamweel to merge under UAE govt bank 
CNBC - 4 Hours ago
DUBAI, Nov 23 (Reuters) - Two of Dubai's biggest property finance companies, Amlak and Tamweel, will be merged under a federal government-owned entity and form an Islamic bank in a move to build confidence
Amlak, Tamweel to merge into real estate bank - WAM Quamnet
Tamweel And Amlak To Merge Into Realty Bank Zawya.com
all 4 news articles >>    Add Comment

UAE- RTA approves Dh8b deal to buy 1,616 hi-tech buses 
MENAFN - 3 Hours ago
(MENAFN - Khaleej Times) The Board of Directors of the Roads and Transport Authority (RTA) has approved a Dh8.6-billion deal to purchase 1,616 highly sophisticated buses from five suppliers. Claiming     Add Comment

Regulators Approve Unitil Acquisition 
Financials.com - 112 Minutes ago
HAMPTON, N.H., Nov. 21 /PRNewswire-FirstCall/ -- Unitil Corporation announced that with the approval of the Massachusetts Department of Public Utilities ('MDPU') on November 18, all regulatory approvals
State Regulators OK Unitil Acquisition Of NiSource Subsidiaries TradingMarkets
all 1 news articles >>    Add Comment

Acquisitions accelerate nationwide growth plans: Silver lining glows amid banking  
TradingMarkets - 108 Minutes ago
(Omaha World-Herald - McClatchy-Tribune Information Services via COMTEX) -- FBSW | Quote | Chart | News | PowerRating -- Mutual of Omaha Bank is the fastest-growing bank in the state's history, but then     Add Comment
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>>   Economics
President-elect Barack Obama pumps up his economic stimulus proposal 
Los Angeles Times - 3 Hours ago
Reporting from Washington President-elect Barack Obama signaled Saturday that he would quickly seek a sweeping economic recovery plan likely to exceed the $175-billion price tag of the plan he unveiled
President-elect Obama asks you to share your thoughts on his economic recovery plan. Redstate
President-elect Obama, we need a new kind of public diplomacy Heritage Foundation
all 2 news articles >>    Add Comment

Job cuts cast dark cloud over economy 
CNN - 9 Hours ago
As the economic outlook worsens, job cut announcements have come in hard and fast this week from businesses across the nation. Citigroup (C, Fortune 500) announced Monday it will cut more than 50,000
• Job cuts cast dark cloud CNN Money
Job cuts cast dark cloud CNN Money
all 2 news articles >>    Add Comment

Obama economic team takes shape 
CNN - 101 Minutes ago
Former Treasury Secretary Lawrence Summers, who lost out to New York Federal Reserve President Timothy Geithner for the Treasury post, is expected to be the top economic adviser in the Obama White House,     Add Comment

Alistair Darling's recession hope: we have to spend, spend, spend 
Guardian Unlimited - 111 Minutes ago
As the deepening recession claims victims across Britain's economy, Alistair Darling will use tomorrow's pre-Budget report to make an audacious bid to restore the feel-good factor, throwing a lifeline     Add Comment
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