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Archive for February, 2008

Federal Reserve will conduct two auctions of 28-day credit Term Auction

Wednesday, February 27th, 2008

The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in February. It will offer $30 billion in an auction to be held on Monday, February 11 and $30 billion in an auction to be held on Monday, February 25.
To facilitate participation by smaller institutions, the minimum bid size […]

Waitrose and John Lewis named top of the shops by Which

Tuesday, February 26th, 2008

Waitrose has been recognised as the number one high street retailer for customer service in an annual survey by consumer magazine Which
The supermarket achieved impressive scores from a 10,000-strong panel of shoppers for the quality of products, customer service, in-store experience and the convenience of its shops - opening up clear distance on other food […]

Fairinvestment.co.uk research reveals Britons want fixed rate mortgages

Tuesday, February 26th, 2008

New research from Fairinvestment.co.uk has revealed that when looking for a new mortgage, most Britons stated that they would prefer to choose one that had a fixed rate, rather than other mortgage products.
The survey revealed that 57 per cent of the Britons sampled would choose a fixed rate mortgage. These results consisted of 30 per […]

Auction-Rate Securities to be Traded on the RSTN

Monday, February 25th, 2008

NEW YORK - The Restricted Securities Trading Network (RSTN) (www.RestrictedSecurities.net) will begin trading auction-rate securities on Monday, March 3, 2008, creating a much-needed secondary market for the $330 billion asset class.
Over the past few weeks, the lack of a public market for auction-rate securities has left investors holding a large number of securities that failed […]

Syscap professions survey proves finance to be good practice

Monday, February 25th, 2008

Finance is extremely popular with UK professional practices today according to a survey conducted by Syscap (http://www.syscap.com), the UK’s leading independent finance provider to the professions. The company’s annual survey reveals that 83 percent of practices responding currently use, or have used, payment-over-time options as a way of acquiring high-value goods or funding large bills […]