Archive for March, 2009

The Montclair Art Museum Launches Financial Security Plan

Thursday, March 26th, 2009

In response to the current sharp economic downturn, the Montclair Art Museum (MAM) has conducted a strategic review of its operations and capitalization, culminating with the recent adoption by its Board of Trustees of a long-range financial security plan. The plan calls for expense reductions, including reductions in hours for staff; a major capital [...]

Analysis Shows Megabanks Have 23,000 Times More Exposure to Credit Default Swaps than Community Banks

Wednesday, March 25th, 2009

Healthy Community Banks Unfairly Impacted and Consumers Should Heed Wake-Up Call
March 25, 2009–Austin, TX—As the economic crisis puts a spotlight on the obscure world of credit default swaps (CDS), an unregulated $62 trillion market that most people never heard of and even fewer understood, the fear of a CDS catastrophe is haunting the country’s largest [...]

German VNG offers gas storage capacity on store-x

Wednesday, March 25th, 2009

Leipzig, 25 March 2009. VNG – Verbundnetz Gas AG is offering storage capacities at the German storage site Buchholz on www.store-x.net, the European trading platform for secondary storage capacity. Altogether, three Buy-it-Now entries with a working gas volume of 5 million m³ each as well as a firm injection rate of 1,450 m³/h and a [...]

Consumers to Get Dave Ramsey Financial Advice With High Yield Checking

Friday, March 20th, 2009

BancVue’s CheckingFinder.com Promotion Offers Every Applicant Access to Leading Personal Finance Tool
AUSTIN, TX–(March 20, 2009) – CheckingFinder.com, home to the highest yielding free checking accounts at community banks and credit unions across the nation, has announced a limited time offer of a trial membership to Dave Ramsey’s MyTotalMoneyMakeover.com for every person who submits an application. [...]

Most People in USA and Largest European Countries Oppose Bailouts of Banks, Insurance Companies and Car Manufacturers

Wednesday, March 18th, 2009

A new multinational Financial Times/Harris Poll finds that most Americans and Europeans in most of the five largest European countries are opposed to their governments using their taxpayers’ money to bail out banks, insurance companies and car manufacturers. However, majorities in the United States (51%), Britain (56%), France (65%), and Germany (55%) support government bailouts [...]

Deposits Continue to Flood Community Banks

Tuesday, March 17th, 2009

Consumers Waking Up to Safety and High Yields Available In Their Back Yard
March 16, 2009–Austin, TX— Witnessing a 134% increase year over year in deposits in its REWARDChecking® accounts at over 500 participating community banks across the country, BancVue, a leading provider of products and consulting to community financial institutions, demonstrates consumers’ flight [...]

Cheyne Capital announces two new appointments

Thursday, March 12th, 2009

Stephen Best joined Cheyne Capital in January 2009 as Partner and Senior Credit Analyst with 16 years’ experience. Steve is responsible for the financial and telecoms sectors in Cheyne’s Corporate Credit Team which has been headed by David Peacock and John Weiss since early 2002. Before joining Cheyne Capital, Steve was a Director at UBS [...]

First Affirmative Announces “BaseCamp SRI” Conference Series for Financial Advisors Who Work with Socially Conscious Investors

Tuesday, March 10th, 2009

Colorado Springs, CO—March 10, 2009—First Affirmative Financial Network, a leading provider of investment management and consulting services to financial advisors and their socially conscious clients, is rolling out a new regional conference series designed to help investment advisors and financial planners accelerate the move to socially responsible investing (SRI).
Each BaseCamp SRI is a one-day event [...]

trac-x Trading Results for January and February

Tuesday, March 3rd, 2009

The German trac-x Transport Capacity Exchange GmbH has reported positive trading results for the first two months of 2009. In February alone, day-ahead trading reached a record high with an increase in traded day-ahead capacities of about 55 percent compared to the previous month.
January
In January, 302 (13,250 MWh/h) out of 653 (25,050 MWh/h) day-ahead auctions [...]

Keller & Bright sees better potential in Energy, Healthcare, Consumer Necessities and Telecom Stocks

Sunday, March 1st, 2009

In the short term, being pulled and pushed by the forces of central bank’s bailout measures on the one hand and the economic slowdown on the other, the movement of the financial markets could be rather volatile. In the short term, being pulled and pushed by the forces of central bank’s bailout measures on the [...]




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