SectorWatch.biz Issues MarketStats on EDWY, GOOG, MSFT, EBAY, YHOO, and MOVE

September 18, 2008 by Daniel  
Filed under News

IRVINE, Calif., Sept. 18 /PRNewswire/ — SectorWatch.biz announces the availability of MarketStats for web-based companies in the news and driving markets today. MarketStats offers a perspective on the aforementioned equities and the opportunity for investors to respond with articles, blogs and opinions Read more

My Fico Credit Report: How has the Credit Crunch affected you?

April 4, 2008 by Daniel  
Filed under Business, News


With the Global credit crunch well underway and the Mortgage and loan problems in the U.S. now hitting the UK and other countries. It is more important than ever to keep an eye on what you spend, ways to cut costs and also your credit score. My Fico is a service that is celebrating its 7th anniversary by taking 25% off any myFICO product, they give a free 30-day trial of Score Watch and claim millions of people have no idea that their credit is out of control “seize the power of your credit”.

In 2008 many homes around the world will see budgets tightened and it will be a rough ride, the way for people to ride the storm is to take control and get organised.

How has the Credit Crunch affected you?

ATA Airlines Bankruptcy: 2,230 employees, debts of $100 to $500 million

April 3, 2008 by Daniel  
Filed under Business, News


ATA Airlines and Bankruptcy again, yes it’s the second time in four years and yesterday they said on their website at ata.comAfter filing for Chapter 11 on April 2, 2008 in the U.S. Bankruptcy Court in Indianapolis, IN, ATA Airlines has discontinued all operations”. If you have a flight booked with ATA Airlines you will have to find out about making a claim on the BMC Group website as ATA is currently unable to provide refunds to customers. The airline had 2,230 employees and debts of $100 to $500 million, the breaking point was when they had a cancellation of a contract for military charter flights.

Did the Bankruptcy of ATA Airlines affect you?

Breaking News: City watchdog admit failings over Northern Rock crisis

March 26, 2008 by Mark  
Filed under Business, News

Northern Rock crisis
Should you put money into Northern Rock? Breaking news just in about Northern Rock fiasco, City watchdog have admitted that the lack of adequate supervision in its handling of the company.

The admission made by the Financial Services Authority in an internal review of the fiasco has just been published with some concerning news. MP’s have strongly criticised the FSA saying that it did not keep a close eye on the lender’s activities.

Further reports suggest that the FSA were unlikely to call for an inquiry into the conduct of the Rock’s former directors, in February when Newcastle-based group was nationalised it is said that it currently owes around about £25bn to the Bank of England.

This is where BoE stepped in after they fell victim to the credit crunch and therefore was forced to seek emergency funding.

We just wanted to give a quick look into what has been going on but you can read the full story on Herald Tribune.

New 5 dollar bill with enhanced security features

March 13, 2008 by Daniel  
Filed under Business, News

New 5 dollar bill
Today a new five-dollar bill has been launched at a ceremony with the Federal Reserve Board; this new 5-dollar bill has enhanced security features with the aim of protecting our money. At first look you can see that it’s similar to the old one with a portrait of president Abraham Lincoln, but this five-dollar bill will keep ahead of counterfeiters with its new security and takes only a few seconds to check it’s genuine.

These improvements include micro printing with words so small that they are hard to replicate, it glows blue when held under an ultraviolet light and watermarks have been increased to two.

Source

Banks & Finance Companies Cut Prime Interest Rate: is it enough?

January 31, 2008 by Daniel  
Filed under Business, News

cut prime rate
Following Roy’s report of the Federal Reserve’s rate cut of half a point to 3 pct, there is news breaking today of many banks and finance companies cutting their rates following the fed rate cut.

With Wachovia Corporation, Huntington Bancshares Incorporated, Dollar Bank, Northern Trust, Wells Fargo Bank and many more cutting rates, what does this mean for the economy? Read more

 
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