Archive for July, 2012

Biggest Danger For Libor Banks? Rival Firms With Firepower

Here it goes. Lawsuits stemming from the Libor manipulation scandal are here, and it's not looking good for banks under investigation. http://www.forbes.com/sites/halahtouryalai/2012/07/30/biggest-danger-for-libor-banks-rival-firms-with-fire-power/ Full story

HSBC Puts Aside $2B For Legal Troubles, Still Faces Libor Risk

HSBC reported earnings for the first half of 2012 Monday morning, and the headline figures looked decent with profit up 11% from a year earlier to $12.7 billion. Excluding $4.3 billion in profit from asset sales and a $2 billion boost tied to the valuation of its own debt, the bank earned just $10.4 billion, down 8.8% from the prior year. http://www.forbes.com/sites/steveschaefer/2012/07/30/profit-slips-at-hsbc-bank-puts-aside-2b-for-legal-troubles/ Full story

VehicleHistory.com Reaches 1 Million Customer Searched Reports

VehicleHistory.com is pleased to announce the 1 million mark reached regarding customer purchases of their vehicle history report services. This milestone marks a record for the new start-up and plans to carry on their success are in the works. http://www.1888pressrelease.com/vehiclehistory-com-reaches-1-million-customer-searched-repor-pr-413607.html Full story

Author and Speaker Douglas Andrew Offers Missed Fortune Wealth Program

Douglas Andrew says that the Missed Fortune series informs individuals about how to earn tax-free income for retirement at the rates of return they need to watch their nest eggs grow. http://www.1888pressrelease.com/author-and-speaker-douglas-andrew-offers-missed-fortune-weal-pr-413493.html Full story

FXDD Leads Forex Industry in Supporting the Retail Investor through Latest Platforms, Trader Education and Customer Service

FXDD, a leading online Forex broker, is changing the way retail foreign exchange investors trade the market. http://www.1888pressrelease.com/fxdd-leads-forex-industry-in-supporting-the-retail-investor-pr-413429.html Full story

Make More Money By Making Your Employees Happy

I assume all businesses want happy employees. More important to most businesses, unfortunately, is they would rather have larger profits. What if happy employees quantifiably translated into larger profits? Well, a new book by Dr. Noelle Nelson, "Make More Money by Making Your Employees Happy," explains how they do! http://www.forbes.com/sites/stevecooper/2012/07/30/make-more-money-by-making-your-employees-happy/ Full story

Bernanke’s Folly And The Punishment Of The Virtuous

Hurting Savers to Reward the Profligate http://www.forbes.com/sites/richardfinger/2012/07/29/bernankes-folly-and-the-punishment-of-the-virtuous/ Full story

The Biggest Borrowers From Uncle Ben Bernanke

An exhaustive examination of thousands of Federal Reserve documents by Bloomberg News shows which firms tapped the central bank's liquidity facilities the most during the financial crisis. http://www.forbes.com/pictures/ffdj45igk/the-biggest-borrowers-from-uncle-ben-bernanke/ Full story

While Dogs Against Romney Are Rooting For Rafalca I’m Studying Hobby Loss Cases

Rafalca, the dancing horse owned by partnership Rob Rom Enterprises, which is owned in part part by the Romneys has brought the "hobby loss rules" (Section 183 - Activities not engaged in for profit) back in the news.  The Romneys had a $77,000 deduction flow through from Rob Rom on their 2010 return.  Only $50 of the loss went into the computation of taxable income, but ... Full story

Central Bankers Outweigh Facebook Face Plant, Apple’s Whiff

Stocks were tugged by alternating waves of bullish and bearish news in the past week.  Earnings season has been mostly a depressant even though more than two-thirds of companies reporting earnings have exceeded profit expectations. Of concern for the economy and stock is that only one-third of companies have topped Wall Street's sales forecasts. http://www.forbes.com/sites/johndobosz/2012/07/28/central-bankers-getting-busy-outweigh-facebook-face-plant-apples-whiff/ Full story
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