The recession and the downturn in financial advertising have picked off another victim. KDJ Advertising, an advertising and marketing agency with offices on Wall Street and in Port Jefferson, L.I., has laid off its staff and filed a petition for protection under Chapter 11 of the bankruptcy code.
Archive for January 19th, 2010
Advertising shop for financial firms buys itself some time, files Chapter 11
January 19th, 2010
Money maker TD Ameritrade’s quarterly earnings miss analysts’ forecasts
January 19th, 2010
Money maker TD Ameritrade Holding Corp. said it earned $136.2 million, or 23 cents per share in its fiscal first quarter that ended Dec. 31, 2009, missing analysts’ consensus forecast by three cents a share, according to estimates culled by Thomson Reuters.
The savings trap
January 19th, 2010
Money maker 100 things to do before I die 02:42 100 things to do before I die CP Video Monday, Jan. 18, 2010 03:08PM EST In 2006, four guys from Victoria hit the road in a rundown RV, armed with a video camera and a list. On Monday, they’ll cross off No
China, Taiwan start tightening credit
January 19th, 2010
Money maker T he central banks of China and Taiwan tightened policy on Tuesday to drain money from the banking system, marking intensified efforts in the region to head off inflation and cool asset bubbles. A week after raising bank reserve ratio requirements, the People’s Bank of China (PBOC) lifted the auction yield on one-year bills in its regular open market operation for a second week in a row, and by more than expected. Taiwan also nudged up its overnight lending rate, the rate at which banks borrow and lend to each other, by one basis point to an eight-month high
Copper falls from one-week high
January 19th, 2010
Money maker C opper HG-FT retreated from a one-week high hit earlier on Tuesday as the U.S. dollar gained broad traction and a hefty rise in inventories weighed on the demand outlook. Aluminum AL-FT inventories jumped more than 40,000 tonnes but analysts said metal availability remained tight, with a majority of warehouse stocks tied up in financial deals, lifting premiums in Europe and the United States
Sunoco retailers suing Suncor
January 19th, 2010
Money maker S unoco retailers are suing Suncor Energy Inc. SU-T over the Calgary-based company’s plans to sell or rebrand their gasoline service stations. The retailers assert that Suncor’s plan to sell or rebrand about 300 Sunoco locations has violated an Ontario law governing franchise agreements
Greek budget plan gets Moody’s thumbs-up
January 19th, 2010
Money maker T he Greek government’s proposals to slash its massive budget deficit won praise from one of the world’s biggest credit rating agencies despite continuing doubts about whether Prime Minister George Papandreou can push the plan through. Moody’s Investor Services said Tuesday that the government’s plan to restore credibility to its public finances, reform its tax system and combat tax evasion is “relatively well designed,” at least for the short-term. However, Moody’s said that it is maintaining its negative outlook on the country’s debt given the lack of certainty surrounding Papandreou’s ability to implement the program.

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