In the wake of the current global economic crisis, Global Sources is inviting exporters anywhere in the world to list product information free of charge in the unverified supplier section of the company’s website, Global Sources Online. Moreover, on behalf of paid clients, Global Sources plans to assist with applications for export development grants from [...]
Financial Sponsored-Backed IPOs and SPACs Decrease to a Trickle While Non-US Issuers Stay Away
The number of initial public offerings (IPOs) in the United States (US) has declined for three straight quarters as volatility in the US economy continues unabated. For the first nine months of 2008, there were 54 IPOs that raised $31.2 billion, [...]
According to the S&P/Case-Shiller Home Price Indices
Data through August 2008, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout the first half [...]
Senior Tax Analyst from the Tax & Accounting business of Thomson Reuters Provides Insight
In a July 8, 2008 speech on the U.S. housing market, Treasury Secretary Henry M. Paulson, Jr. reported that 1.5 million foreclosures were started in 2007, and some economists estimate that about 2.5 million foreclosures will be started in 2008. By [...]
More than half of employers predict increased workforce unrest and strikes as a result of the recession, according to exclusive research by Personnel Today magazine and law firm Eversheds.
The poll of 783 HR professionals across all sectors, found that 52% feared their organisations would suffer from strikes or other workplace disruption as employees increasingly felt [...]
Valley National Bancorp (“Valley”), the holding company for Valley National Bank, is pleased to announce that it has been chosen as one of the nation’s stronger regional banks to participate in the U.S. Treasury Department’s TARP Capital Purchase Program. On October 24, 2008, Valley was advised by the Treasury that Valley’s application under the program [...]
Multidimensional Alpha Strategy Offers More Aggressive Approach
BNY Mellon Wealth Management has launched a new municipal bond strategy that will invest predominately in investment grade municipal bonds and will seek to take advantage of the extraordinary market environment.
“The dislocation in the fixed income market, presents a unique opportunity for our fixed income team to pursue a [...]
In These Tough Economic Times, Pre-Paid Legal Services, Inc. Independent Sales Associates Experience Continued Success
While many businesses are shutting down or laying off employees, Pre-Paid Legal is still, not only a rock solid company, but succeeding with a sales force of over 400,000 Independent Associates across North America.
Chief Financial Officer of Pre-Paid Legal Services, [...]
Northern Trust announced today that most U.S. institutional investment plan sponsors reported a fourth consecutive quarter of negative results for the period ending September 30, 2008, according to data in the Northern Trust Universe. The Northern Trust Universe represents more than 300 institutional investment plans, with a combined asset value of approximately $660 billion, which [...]
Absence of Verification Safeguards Allow Thieves to Steal
Every year millions of Americans are the victims of identity theft, and in a lawsuit filed against major credit card companies, identity theft victim Eric Drew claims that the credit industry is facilitating the crimes. By attempting to maximize profits by fully automating their identity verification systems, [...]