Archive for November 27th, 2009

Deutsche and BNP Paribas sue Bank of America over $1.73B

Deutsche Bank AG and a BNP Paribas unit sued Bank of America NA on Wednesday over allegations the bank failed to pay back $1.73 billion in secured notes. The two sued for breach of contract. Deutsche Bank said Bank of America failed to secure $1.25 billion in cash and mortgage loans on its behalf.

Who needs an adviser? Online investment sites gaining traction

If you’re unhappy with your mutual fund, you can easily find another. After all, there are nearly 8,000 to choose from. But is that thinking too narrow?

RIA firm sues Focus Financial for books and records

Strategic Point Investment Advisors LLC, a wealth management firm that was one of the original affiliates of Focus Financial Partners, has sued the company to get access to its financial data. The action was filed under seal in Delaware’s Court of Chancery on Nov. 17 by Strategic Point’s holding company, Progressive Financial Strategies LLC, four days after New York-based Focus announced a recapitalization and its first acquisition in more than a year.

Black Friday: Consumers returning to retail this year

As shoppers around the nation crowded stores and malls in the wee hours Friday to grab discounts and hard-to-find items, early reports pointed to some renewed spending vigor. The nation’s retailers ushered in the traditional start of the holiday shopping season with expanded hours and deep discounts on everything from toys to TVs in hopes of getting consumers, many of whom have slashed spending to focus on basics amid high unemployment and tight credit, to open their wallets. Online sellers including Walmart.com and Amazon.com also pushed to grab a piece of the action, pushing deals on Thursday and even earlier in the week.

Finding The Cheapest Secured Loan Package

The United Kingdom Money Markets are awash with promises of low cost loans in these uneasy financial times. In all honesty, Loans can be savage unless you fully understand the tricks that loan companies use to sell their loans. In order to find the cheapest secured loan package within the United Kingdom you must first decide how much you need to borrow and whether a loan is in fact the right choice for your circumstances.

What is CAN SLIM Investing?

CAN SLIM is a growth stock strategy developed by investing expert and editor for Investor’s Business Daily, William O’Neil. The basic principle is to buy high growth stocks when they are making a large upward move based on a cup and handle price pattern. This style of trading is a mix of heavy fundamental analysis with a more simple chart pattern technical analysis.

2010 Economic Stock Market Forecast

2010 is full of hopeful predictions and forecasts for stock market and economic recovery. Every stage of the economy has certain sectors and investments performing well and others declining. What will 2010 possibly bring

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