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What Is Quadruple Witching? Triple Witching?
Those following the markets today may see the terms quadruple witching and triple witching pop up today. So, what is triple witching? For those who don't know, triple witching is when stock index futures, stock index options and stock options expire. Quadruple witching is...
Goldman Sachs: Thank You Mr. President
Dear Mr. President,
This should prove a challenging week on the PR front for us at Goldman Sachs. There are a few situations surfacing for which appropriate clarification will provide you sufficient context in the event that the inevitable questions arise. We... The Magic Madoff Show - Now You See It, Now You Don't
“I’ll make this quick,” the businessman said, with two other witnesses present. “I have a message for you from Russia. The message is, ‘We are about to kill you. We are about to kill you.’ Patrick, they are going to kill you. If you do not stop this crusade, they... Deutsche Bank Sold Massive Amounts of Phantom Stock
" delivery records,” there were “only two failures to deliver.” So Deutsche Bank systematically failed to even locate the stock that it sold, but the NYSE isn’t calling it “naked short selling,” and... Dow falls 300Points, Now Under 10,000-- Market Report - Oct. 6, 2008
" Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years, as European governments' rush to prop up failing financial firms underscored the...Finally, BCE's buyout is a real deal
Given BCE's stagnant performance over the past few years this isn't surprising but you have to wonder what difference it's really going to make. This is a pretty big ship to turn around. " This week, we've seen two major buyout deals come undone: the $6.1 transaction for...AerCap Holdings issues updated conference call information
"The call can be accessed live by dialing (U.S. investors) 800-772-1085 or (International investors) +1-706-634-5464 and referencing code 20964418 at least 5 minutes before start time, or by visiting AerCap's website at http://www.aercap.com under 'Investor Relations'. A...American Axle & Manufacturing forms India joint venture company
""AAM Sona Axle gives AAM a manufacturing and operations presence in India with the ability to provide current and future customers with driveline systems with the highest quality, technology and delivery that are the hallmark of AAM and Sona Koyo," said AAM Co-Founder,...AerCap Holdings N.V. announces acquisition of new Boeing 737 NG
"Klaus Heinemann, Chief Executive Officer of AerCap, commented: "We were very pleased to be able to identify and execute attractive purchase opportunities for Boeing New Generation aircraft in a market environment characterized by great demand for this type of aircraft. With...FPL announces FIX Algorithmic Trading Language enters beta phase
London, (ANTARA News/PRNewswire-AsiaNet)- FIX Protocol Ltd (FPL) has announced that the FIX Algorithmic Trading Definition Language (FIXatdl(SM))has entered its beta phase in preparation for its ultimate release targeted for late 2007. The new language will deliver advanced...Stocks Rise Again, But Trade Still Light
"Stocks Rise Again, But Trade Still Light BY JONAH KERI INVESTOR'S BUSINESS DAILY Posted 3/20/2007 Stocks rose for the second straight session Tuesday, but another bout of quiet volume dimmed the day's gains. The S&P 500 climbed 0.6%. The index closed near its intraday...Countrywide laying off more than 2,500 employees (Reuters)
" NEW YORK (Reuters) - Countrywide Financial Corp., the largest U.S. mortgage lender, on Tuesday said it expects to cut staff by more than 2,500 employees to help save more than $500 million as demand for home loans slumps. The cuts affect about 4 percent of Calabasas,...Saturn's Awesome Aura (BusinessWeek Online via Yahoo! UK & Ireland Finance)
" By Matt Vella Slide Show Up Front General Motors (NYSE: GMW - news ) (GM (NYSE: GM - news ) ) is finally bringing up its A-game. And, this time, it's not in the form of a bigger-than-yours sport-utility vehicle, obscure concept-car, or low-volume, premium roadster. No,...GM's Big Bet on Quality (BusinessWeek Online via Yahoo! UK & Ireland Finance)
" By David Kiley General Motors (NYSE: GMW - news ) (GM (NYSE: GM - news ) ), battling to regain market share amid a financial battering that saw its U.S. auto business lose $10.6 billion last year, today announced an expanded warranty on all its vehicles intended to...Tech stocks fall on downgrade
"NEW YORK (Reuters) - U.S. technology stocks ended lower on Monday after brokerage Merrill Lynch cut its rating on the sector and an earnings warning from data storage equipment maker EMC Corp. (NYSE:EMC - news) added to the negative sentiment."
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