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Finance History 2011-05-25 (25 May 2011 ) | Print |
25 May 2011 15:54:00 GMTNew Mountain Finance Corporation Completes Initial Public Offering
New Mountain Finance Corporation announced today the closing of its initial offering of 7,272,727 shares of common stock at a public offering price of $ per share for total gross proceeds of approximately $100 million.
25 May 2011 14:37:55 GMTFrance's finance minister wants IMF job
French Finance Minister Christine Lagarde announced her bid to become head of the International Monetary Fund Wednesday, after its former managing director Dominique Strauss-Kahn resigned in the wake of charges he tried to rape a hotel maid in New York.
25 May 2011 16:50:45 GMTFinance Minister urges 'merit-based' race for IMF chief
Finance Minister Jim Flaherty on Wednesday called for an "open, merit-based and transparent" process for choosing the next head of the International Monetary Fund.
25 May 2011 19:06:00 GMTFrench Finance Minister Lagarde to run for IMF job
French Finance Minister Christine Lagarde announced her bid Wednesday to become head of the International Monetary Fund, after its former managing director Dominique Strauss-Kahn resigned in the wake of charges he tried to rape a hotel maid in New York.
24 May 2011 13:00:00 GMTEquipment Leasing and Finance Association?s Survey of Economic Activity: Monthly Leasing and Finance Index
The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index , which reports economic activity for the $521 billion equipment finance sector, showed overall new business volume for April was $ billion, up 11 percent compared to the same period in 2010.
25 May 2011 12:38:03 GMTFrench finance minister tosses hat in IMF ring
French Finance Minister Christine Lagarde on Wednesday launched her bid to lead the IMF, a candidacy that would put the first woman in charge of the scandal-rocked fund .
25 May 2011 12:52:34 GMTFinance House to Open Up Shareholding to Foreigners
"All regulatory approvals have been obtained" Abu Dhabi, May 25, 2011 - Finance House Finance House PJSC ( FH FH ) has today obtained all regulatory approvals to open up shareholding to foreign ownership, to the extent of 20% of its paid up equity share capital.
25 May 2011 19:12:21 GMTPersonal Finance Daily: Nasty tax surprise on retirement loans
Lots of financial shocks come with losing your job. Eva Rosenberg writes in her TaxWatch column today about another one. The 401(k) loans people took in better times become due and payable ? and if they aren?t paid back, taxes and penalties are the result.
24 May 2011 15:05:00 GMTFGI to Participate in the Commercial Finance Association?s 2011 International Lending Conference
Sami Altaher, Executive Director of FGI Finance , will serve as one of the expert panelists at the Commercial Finance Association?s 2011 International Lending Conference. The conference will take place June 13-15, 2011 in London, UK.
24 May 2011 17:13:56 GMTEx-Xinhua Finance Officials Plead Not Guilty to Insider Charges; Bush Ill
Two former board members of Xinhua Finance Inc. accused of taking part in a $50 million insider- trading scheme said they aren?t guilty of defrauding investors and lying to regulators.

Economic History

25 May 2011 17:59:00 GMTEconomic Recovery is Stronger in States Where People are More Optimistic Says University of Miami Study
CORAL GABLES, Fla., May 25, 2011 /PRNewswire-USNewswire/ -- Economic recessions are weaker, expansions are stronger, and economic recovery is faster in . states where people are more optimistic says a new study from the University of Miami School of Business Administration. Further, the effects are stronger in states where people are older, less educated and less socially connected.
25 May 2011 15:00:00 GMTThe Conference Board Leading Economic Index? (LEI) for Mexico Increased in March
The Conference Board Leading Economic Index?? for Mexico increased percent in March, to , following a percent decline in February, and a percent increase in January.
25 May 2011 13:27:12 GMTEconomic Report: Growth outlook mired by unemployment: OECD
The Organization for Economic Cooperation and Development boosted its growth outlook for the . and said the global economic recovery is strengthening and becoming more ?self-sustained? even as millions of people still struggle to find work.
25 May 2011 00:00:00 GMTThe Conference Board Leading Economic Index? (LEI) for Australia Increases
The Conference Board Leading Economic Index?? for Australia increased percent in March to , following a percent increase in February, and a percent increase in January.
24 May 2011 08:00:00 GMTThe Conference Board Leading Economic Index? (LEI) for Germany Remains Flat in March
The Conference Board Leading Economic Index?? for Germany was unchanged in March at , following a percent increase in February, and a percent increase in January.
24 May 2011 19:36:53 GMTGreek economic crisis highlights EU divisions
Greece's economic crisis highlighted Tuesday growing divisions at the highest levels in Europe over the rights and wrongs of a risky Greek debt re-scheduling or wider restructuring involving the banks.
25 May 2011 16:08:46 GMTEconomic unrest making world less peaceful: survey
Social unrest is making the world less peaceful for the third year running and economic strains could point to rising risks in China, a think tank said on Wednesday.
25 May 2011 12:52:50 GMTEconomic Outlook: Gambling on growth
By ANTHONY HALL United Press International When it comes to an economic medical prescription, the Organization of Economic Cooperation and Development in Paris was very specific.
24 May 2011 18:29:59 GMTA look at economic developments around the globe
A look at economic developments and activity in major stock markets around the world Tuesday: ------ ATHENS, Greece -- Greece's main opposition leader bluntly refused to back new austerity measures designed to tackle the crippling debt crisis, arguing they would only bring further recession, despite the European Union's insistence for cross-party support.
25 May 2011 10:13:10 GMTBelarus Headed for Economic ?Meltdown,? 51% Ruble Plunge, VTB Capital Says
Belarus is headed for an economic ?meltdown? and the ruble will need to drop another 51 percent as the former Soviet republic?s import-dependent economy is starved of foreign currency, according to Russia?s second- largest bank.
 
 

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Commodities Trade

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Gold1590.70.126%01:14
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Nickel171900.029%01:14
Tin19211-2.020%22:15
Palladium614.350.581%01:13
Platinum1468.720.494%01:14
Lead1928-1.280%22:15
Silver28.4380.415%01:14
Zinc18980.211%22:15