It may be a bit early to talk about a bull market on Wall Street, but there have been a lot of signs lately that a recovery is in the works. When President Bush was in office, the democrats blamed him for the downturn in the economy. Now that Obama is in office, he is [...]
SS&C Technologies Holdings, Inc. (SSNC) has just announced that they have acquired ThinkLink from TD Ameritrade Holding Corporation (AMTD). “The thinklink transaction is aligned with our growth strategy for our front office software and software-enabled services. We are excited to leverage thinklink’s platform with our existing trading capabilities and deliver additional value to our clients [...]
The Dow Jones Industrial Average is shaky enough to get anyone dizzy. Today the DOW dropped below the 10,000 mark for the first time since early June. Concerns about the overall economy, and the legitimacy of the recovery, have investors questioning the equity markets. Early in the day the market rallied and was in the [...]
Gold Prices are up yet again in New York. Currently Prices have settled at $1241.30 and ounce, up close to $8 an ounce. The volatility of the stock market, and the uncertainty of the US economy is helping to push gold up close to it’s all time highs. Prices settled the day at a two [...]
With the US stock market all over the place in the last three years, investors seem to mainly be keeping their money in the bank or possibly in government bonds. Sure these investment vehicles are very safe, but basically they are not investments at all. You can hardly call a return of under 2% an [...]
If you happened to tune into CNBC earlier you likely were able to catch the segment where Hedge fund manager Kyle Bass was able to give his thoughts on the economy and markets in general. Kyle Bass has been credited for making several doom and gloom predictions on the economy that ended up coming true [...]
On Friday, the CEO of Hewlett-Packard, Mark Hurd resigned from the company, after an investigation into possible sexual harassment found that Hurd had a relationship with a contractor for the company, which resulted in her receiving unnecessary payments from the company. The investigation did not turn up any evidence of sexual harassment on the part [...]
A few weeks ago, we were hearing about the possibility of a “double-dip” recession. Both traders on wallstreet and those on mainstreet were fearful that the Dow Jones might take another large plunge before anything would get better. Today we saw quite the opposite. The Dow Jones Industrial Average closed more than 200 points higher [...]
The X-Change Corporation (OTC: XCHC), a multimedia and e-commerce venture serving the diverse and growing Hispanic market, announced a one-for-twenty reverse stock split. A reverse stock split reduces the number of shares. Company President and CEO, Haviland Wright, Ph.D., said, “Since March, we have been executing a new business plan designed to build a company [...]
