US credit raters set back on First Amendment--judge
Fri, 25 Nov 2011 12:12:08 -0800

These agencies had argued that the Constitution protected them from claims they issued inflated ratings on more than $5 billion of securities issued in 2006 and 2007, and backed by loans from former Thornburg Mortgage Inc and other lenders. ...

Top 5 Highest Yielding Government Bond Mutual Funds - Highest Yielding Zacks ...
Fri, 25 Nov 2011 08:12:56 -0800

For investors looking at parking their funds with bonds, US government securities are probably the safest possible investments in the category. Default risk is almost non-existent in this case, thought the trade-off is that the yields on such ...

Men agree to cease trading
Sat, 26 Nov 2011 01:59:24 -0800

securities . Two men and a company - which is alleged to have drawn up loan agreements to help release a billion-dollar inheritance tied to the late Philippines' president Ferdinand Marcos - have agreed to a temporary cease trade order, ...

Self-Regulatory Organizations; National Securities Clearing Corporation ...
Fri, 25 Nov 2011 07:23:25 -0800

Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 ("Act") *1 and Rule 19b-4 thereunder, *2 notice is hereby given that on November 7, 2011, National Securities Clearing Corporation ("NSCC") filed with the Securities and Exchange ...

Intertainment Begins Process to Identify and Take Legal Action Against ...
Fri, 25 Nov 2011 14:07:39 -0800

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The offered securities mentioned in this press release will not be registered under the United States Securities Act ...

TEXT-Fitch assigns 'BBB-(exp)' rtg to Global Logistic Properties Limited's ...
Thu, 24 Nov 2011 18:01:14 -0800

Nov 24 - Fitch Ratings has assigned an expected 'BBB-(exp)' rating to Global Logistic Properties Limited's (GLP) proposed Singapore dollar perpetual capital securities . In calculating its debt ratios, Fitch expects to accord 50% equity credit to the ...

Netflix shares pay price for sale of securities
Tue, 22 Nov 2011 05:50:42 -0800

By Greg Morcroft and Rex Crum, Market Watch san francisco (Market Watch) Netflix Inc. shares tumbled another 3% Tuesday after the online video-streaming and DVD-rental company said it is selling $400 million of stock and debt, which triggered sell ...

Madoff Associate Sonja Kohn Has Assets Frozen by UK Court
Fri, 25 Nov 2011 09:43:00 -0800

Liquidators of Madoff's estate are pursuing Kohn and the directors of Madoff Securities International Ltd., the company's English unit, for the return of assets. Kohn, 63, met Madoff in the 1980s and introduced him to investors who put billions of ...

Guggenheim Securities Hires the Washington Research Group
Fri, 18 Nov 2011 15:45:08 -0800

NEW YORK, Nov 18, 2011 (Business wire) -- Guggenheim Partners, LLC, a diversified financial services firm, announced today that the team of analysts at the Washington Research Group (WRG) is joining Guggenheim Securities . Formerly of MF Global, ...

Achmea Hypotheekbank NV Announces Cash Tender Offer for Certain of Its ...
Tue, 22 Nov 2011 11:52:07 -0800

Achmea has retained Deutsche Bank AG, London Branch and JP Morgan Securities LLC to serve as the dealer managers and Global Bondholder Services Corporation to serve as the depositary and information agent for the Offer. Requests for documents may be ...

Taiwan Urges Insurers to Stop Lending Securities for Shorts
Thu, 24 Nov 2011 20:23:41 -0800

25 (Bloomberg) -- Taiwan's regulators urged insurers to stop lending securities to short sellers, seeking to bolster equities after the benchmark Taiex Index slumped the most among Asian benchmark gauges this year. Officials called insurance companies ...

Ex-Madoff Trader Kugel Admits to Creating Records of Fake Trades
Mon, 21 Nov 2011 21:58:39 -0800

During his plea hearing yesterday, David Kugel, a former supervisory trader in the proprietary trading operation of Bernard L. Madoff Investment Securities LLC, also known as BLMIS, implicated two other former Madoff employees, Joann Crupi and Annette ...

Kodiak Oil & Gas Corp. Announces Closing of Public Offering of Common Stock ...
Wed, 23 Nov 2011 10:29:26 -0800

The offering was made only by means of a prospectus, a related prospectus supplement and a free writing prospectus, each of which has been filed with the Securities and Exchange Commission. A copy of the prospectus, prospectus supplement and free ...

Lessons for Investors in MF Global's Collapse
Fri, 25 Nov 2011 14:51:52 -0800

And those who had securities accounts or who held cash in their accounts have not seen any of their money yet. More worrisome is that the court-appointed trustee has reported that $1.2 billion appears to be missing from clients' accounts, ...

Shares of China Steel rebound on loaned securities return report
Thu, 24 Nov 2011 20:38:29 -0800

25 (CNA) Shares of Taiwan-based China Steel Corp. staged a rebound on institutional buying after the local media reported the financial authorities have asked securities borrowers to return their loaned shares ahead of the maturity in a bid to prevent ...

Wells Fargo Securities projects 5.2 percent holiday retail sales increase
Wed, 23 Nov 2011 07:10:39 -0800

The economy is uncertain, but, "somehow, Santa always seems to find a way to deliver," Wells Fargo economists say, in projecting a decent sales increase for this holiday season. "Despite the lack of income growth, we still expect a fairly solid holiday ...

Treasury Investors Face Debt Deluge After Short-Term Securities Shortage
Fri, 18 Nov 2011 11:35:11 -0800

Treasury investors have faced a contraction in short-term securities as the government has stepped up the sale of longer- term debt in an effort to increase the average maturity of its holdings and keep borrowing costs near record lows. ...

Regulators may amend 'pre-marketing' rules
Fri, 25 Nov 2011 10:04:05 -0800

Canadian Securities Administrators, the collection of provincial regulators, have put out a request for comment on proposed amendments to its pre-marketing and marketing prospectus rules. Not exactly sexy stuff here, but nevertheless important. ...

Securities Transaction Tax collection dips as volumes plunge
Wed, 23 Nov 2011 14:21:16 -0800

MUMBAI: In a reflection of the poor sentiment prevailing in the stock market, collection of Securities Transaction Tax (STT) has dropped considerably to 3500 crore between April 1 and November 20, from 4500 crore in the year-ago period. ...

Another View: A Fair Way to Handle Madoff Claims
Fri, 25 Nov 2011 07:10:47 -0800

By katharine gresham katharine Gresham was assistant general counsel for appellate litigation and bankruptcy at the Securities and Exchange Commission's Office of General Counsel from 1990 to 2010. Jin Lee/Bloomberg News Bernard L. Madoff leaving court ...