Archive for the 'US Markets' Category

New York, Texas, and Florida Top the Nation in Closing Costs

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!New Bankrate.com Study Shows Rising Costs across the US amidst Weak Housing Market
A new study released by Bankrate, Inc. shows that the cost of getting a mortgage continues to rise despite a soft housing market. The 2007 average [...]

Next Investments Going Strong with Suite of Currency-Based ETFs

Firm behind eight CurrencyShares ETFs offered by Rydex Investments, with $4 billion in investor assets since end of 2005 - best pure play for international investing, from euro, pound and yen to peso, krona and franc, plus Australian and Canadian dollars
Investors looking for the best pure play into international markets — without the uncertainty [...]

Foreclosure Activity Up 14 Percent in Second Quarter According to RealtyTrac(R) U.S. Foreclosure Market Report

Activity Increases 121 Percent From Q2 2007
95 of 100 Largest Metro Areas Post Annual Increases
RealtyTrac(R) (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today released its Q2 2008 U.S. Foreclosure Market Report(TM), which shows foreclosure filings were reported on 739,714 U.S. properties during the second quarter, a nearly 14 percent increase from the previous [...]

Battered Bookie Takes a Kicking in the Stock Market

July has already been the most profitable month on record for clients of city bookmaker http://www.BetsForTraders.com who have been cashing in on recent stock market volatility - at the bookmaker’s expense.
As the FTSE fluctuated dramatically punters were betting furiously on further market falls, some winning bets with odds of as much as 19-1, and so [...]

mobiclear Announces New Stock Symbol: MOBI

mobiclear, Inc. (OTC Bulletin Board: MBIR; Frankfurt: B3CA), (http://www.mobiclear.com/), owner of the unique, patent pending Personal Identification Verification solutions system to help eliminate credit and debit card fraud, announced that as of the opening of trading today, July 21, 2008, it has obtained a new trading symbol, OTC BB: MOBI, and effected a 250 for [...]

Main Street Capital Added to Russell Microcap Index

Main Street Capital Corporation (NASDAQ:MAIN) (”Main Street”) announced today that it was added to the Russell Microcap(R) Index when Russell Investments reconstituted its comprehensive family of U.S. indexes on June 27, 2008.
The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. Membership in the Russell Microcap, which remains [...]

American Stock Exchange Reports an Increase in Short Interest

The American Stock Exchange(R) (Amex(R)) member and non-member organizations today reported short interest of 1,349,081,229 shares as of the May 30, 2008 settlement date, an increase of 40,873,497 from the 1,308,207,732 (adjusted) shares reported on May 15, 2008. The figure represents trades through May 27, 2008.
In the year ago period, short interest totaled 940,482,902 (adjusted).
The [...]

National City Completes $7 Billion Capital Raise

National City Corporation (NYSE:NCC) today announced that it has completed its previously announced capital investment transactions, raising a total of $7 billion in equity capital.
In the transactions, National City issued 126.2 million shares of common stock at a purchase price of $5.00 per share and an aggregate of approximately 63,690 shares of Contingent Convertible Perpetual [...]

Most Americans Say U.S. is Entering Recession, According to AICPA Survey

Many Cutting Spending and Paying Down Debt
Sixty-eight percent of America’s adults believe the United States is heading toward a recession, and slightly more than half (53 percent) are cutting their spending and paying down debt as a result, according to a survey by American Institute of Certified Public Accountants.
Americans’ most pressing financial concerns, according to [...]