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Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...
UK on watch for credit downgrade
by Tom
14 Feb 2012 at 4:09am
The Bank of Japan surprised markets overnight, as it decided to expand its asset buying programme by Y10 trillion to Y65 trillion (the entire amount will be used for the purchase of long term government bonds) and set a price stability goal of 1%. In doing so it is abandoning its long used ?understanding of price stability? phrase. The conse Read more ...

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DIA to shutter smoking lounges
18 May 2012 at 2:49pm
Three of the four smoking lounges at Denver International Airport will be shut down by the end of the year and the remaining one will close in 2018 after its lease expires. ?DIA is the last public building in Colorado where indoor smoking lounges are still in operation,? Denver Mayor Michael Hancock said in announcing the change Friday. ?While they are legally allowed, we believe the responsible decision is to eliminate these facilities in order to better protect the well-being of everyone...
Regional stocks: Facebook IPO fails to rally investors
by Suzanne Stevens
18 May 2012 at 2:48pm
The much-anticipated Facebook IPO didn't do much to lift the market on Friday. The Dow Jones Industrial Average closed down 73.11 points to 12,369, the NASDAQ closed down 34.90 points to 2,778 and the S&P 500 closed down 9.64 points to 1,295. The Davidson 99, which measures stocks in seven western states, including 19 in Oregon, closed down 1.63 points to 166.53. Schnitzer Steel (NASDAQ: SCHN) posted the biggest drop among regional stocks after releasing a warning Thursday that high material costs...
Lodge at Castle Pines sells for $50M
by Dennis Huspeni
18 May 2012 at 2:46pm
For the second week in a row, a huge apartment complex deal dominates the Real Deals headlines, this one a little farther south from Parker. Advenir, a Florida-based multifamily asset owner and management services company, bought the Lodge at Castle Pines apartment complex, 520 Dale Court, Castle Rock, for $50.85 million. ?We think this is a great market to be in,? said Stephen Vecchitto, managing director. ?It?s a higher-end marketplace, there?s barriers to entry and we just love the...
Raikes elected to Stanford board of trustees
by David Goll
18 May 2012 at 2:45pm
Jeffrey Raikes, a 1980 graduate of Stanford and CEO of the Bill & Melinda Gates Foundation, has been elected to serve a five-year term on the university?s board of trustees beginning June 1. Raikes, who earned a bachelor?s degree in engineering-economic systems 32 years ago in Palo Alto, had previously been a member of the School of Engineering?s Strategic Council and the Major Gifts Regional Committee of the Stanford Challenge fund-raising campaign. He has also been involved with the...
Ron Williams named Stock Show chairman
18 May 2012 at 2:44pm
Ron Williams ? president and CEO of the Gary-Williams Co. ? was elected chairman of the board Friday of the Western Stock Show Association, which oversees Denver?s National Western Stock Show. Williams succeeds Jerry McMorris, the former owner of the Colorado Rockies, who died May 8. ?We lost a great man last week with the passing of Jerry McMorris, but today the board has added another great leader in Ron Williams,? Paul Andrews, the stock show?s president and CEO, said in a statement....
Fruit of the Loom partners with Goodwill
18 May 2012 at 2:42pm
As part of the product launch of its new Fruit of the Loom Gray Sole sock product for men, Mt. Airy-based Renfro Corp., Fruit of the Loom?s sock licensee, is partnering with Goodwill Industries International Through July 31, Renfro will donate $1 to Goodwill for every ?like? it receives on its Facebook page www.facebook.com/fruitsocks. The goal is to raise $100,000, to support career services at Goodwills in communities nationwide. At a time when the unemployment rate hovers around 8 percent,...
Facebook stock closes slightly above IPO level
by James Aldridge
18 May 2012 at 2:42pm
Social media giant Facebook Inc. saw its stock close slightly higher after one day of trading on the NASDAQ since completing its initial public offering. Facebook sold shares of common stock in its IPO at $38 per share. The company?s stock closed Friday at $38.23. On Friday, the company?s stock rose as high as $45 per share before settling back down to $38.23. Menlo Park, Calif.-based Facebook (NASDAQ: FB) is a global social networking company. As of Feb. 2, 2012, the company had 845 million...
America?s Cup volunteer group preparing to write $10M check
by Eric Young
18 May 2012 at 2:37pm
A volunteer group raising money to reimburse San Francisco?s costs when hosting the 2013 America?s Cup said it will be prepared to make its first payment to city coffers next month. The San Francisco America?s Cup Organizing Committee will have about $10 million to give the city at the end of June, when the first payment is due, said Kyri McClellan, CEO of the group. The money will cover expenses the city has already incurred plus the cost of a bond that the city will sell to reimburse America?s...
Realtor Building reopens after copper theft
by Steve Ginsberg
18 May 2012 at 2:35pm
The Realtor Building reopened for business Friday following a copper theft. The building at 1635 University Ave. NE, which houses the Greater Albuquerque Association of Realtors and the Commercial Association of Realtors-New Mexico, was closed Thursday because thieves had stolen copper wiring that impacted the power supply. The wire was stolen from an exterior electrical box. Getting the building?s power restored took an electrical contractor and a Public Service Co. of New Mexico crew. Albuquerque...
Flacco to continue calling plays for First Mariner Bank
by Gary Haber
18 May 2012 at 2:33pm
Joe Flacco has extended his endorsement deal with Baltimore?s First Mariner Bank, the Ravens QB announced on Twitter and on his Facebook page. Flacco has been affiliated with the bank since 2008. Terms of the deal were not disclosed. Flacco?s agent, Joe Linta of JL Sports in Branford, Conn., could not immediately be reached Friday. Officials at First Mariner Bank declined to comment.
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Out and about - Friday, May 18 - May 26 - Rutland Times

17 May 2012 at 5:17pm

Out and about - Friday, May 18 - May 26
Rutland Times
Contact 07887802621, sammcgreevy@hotmail.com BEGINNERS SOCIAL DANCE COURSE - 11-30am-12-30pm �5 per week, Coronation Hall Market Deeping. Contact Janina Mossman - 01778 590655 WEEKLY WORK PARTIES - Deeping Lakes. Contact Dave Vandome on 07775 566586 ...

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May calendar - Statesman Journal

1 May 2012 at 12:21pm

May calendar
Statesman Journal
Spay-ghetti Dinner: Spaghetti feast to raise money for the Willamette Humane Society Spay/Neuter Clinic, 5 to 7 pm, Eola Hills Wine Cellars, 501 S Pacific Highway, Rickreall. $15; $8 youth. (503) 585-5900, www.willamettehumane.org.

Meet The Tarnished Bureaucrat Who Is Running Our Negotiations With Iran - Ame...

24 Apr 2012 at 12:12am

Meet The Tarnished Bureaucrat Who Is Running Our Negotiations With Iran
American Thinker
The conservative Brussels Journal, keeping a wary eye on EU miscues, says that while Ashton worked for CND, it was "infiltrated by Marxists (and) received Soviet money to thwart the policies of Ronald Reagan and Margaret Thatcher.

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Moody?s downgrades Spanish banks
by alex
18 May 2012 at 1:41am
The potential ?Grexit? is killing the markets as they run for safety in the last day of the week. Uncertainty is all over, and regardless of the new elections being held in June 17, investors still don?t want to risk it. Not only Greece is in trouble. 16 Spanish banks have been downgraded by Moody?s last [...]
Lower inflation expectations not good for GBP
by alex
17 May 2012 at 12:53am
The UK inflation report released yesterday showed that the MPC now expect two-year�inflation to be lower despite raising the near term projection. Their central inflation�projection for two years ahead is 1.6%, about 0.2% lower than in February. The growth�forecasts were also lowered in the near term reflecting a poor Q1 2012 and on-going�concerns regarding the [...]
Focus on Eurozone Politics continues
by alex
16 May 2012 at 1:25am
Greece continues to capture the headlines with agreement expected today on formation of�an interim Government and likely announcement of new elections as soon as 10 June.�Meanwhile the first meeting between Merkel and Hollande resulted in a joint statement�pledging commitment from both to keep Greece in the euro with introduction of ?growth�measures? subject to adherence to [...]
Currencies do not like political uncertainty
by alex
15 May 2012 at 1:27am
Political risk events continue to dominate in Europe. The political deadlock continues in Greece although a Greek exit was not discussed at the Euro group meeting held yesterday, nonetheless, suggestions that Greece will leave the euro gained momentum leading to the EU Commission issuing a statement hoping that Greece would remain part of the euro [...]
What if Greece Exits?
by admin
14 May 2012 at 12:16am
From The Economist Online May 11th 2012, 0:22 by A.P. See original article As the Economist argues in our briefing�this week, a Greek exit from the euro zone would not just be chaotic for Greece itself but would also invite questions about the status of Portugal, Ireland and others. So what would policymakers have to [...]
BoE decision today
by alex
10 May 2012 at 1:08am
An event laden day lies ahead, kick started with the overnight releases of NZ Business PMI, Japanese Current Account, Trade Balance, China Trade Balance and Australian Employment data.�Markets continue to be steered by the European political and sovereign debt crises and in the wake of this bond yield?s continue to remain elevated, notably Spain where [...]
Political Pressure on EUR
by alex
9 May 2012 at 1:12am
EUR/USD broke below the 1.30 level yesterday as the Greek political crisis rolls on and in this context we expect the EUR to remain under pressure; with�French presidential election winner Hollande awaiting inauguration, his pledges to increase state spending and renegotiate the ECB?s independence is unlikely to instil confidence in the market and the longer [...]
Euro weakens further
by alex
8 May 2012 at 1:05am
There are 3 main reasons why we�begin�this short week with a weaker Euro; 1.Data suggests that the Eurozone could be heading for its third quarter of negative growth. 2.A change of government in France, one that is likely to be less Berlin friendly than its predecessor. 3.The Greek political parties who supported ongoing austerity�measures lost their majority rule, [...]
Focus on US jobs
by alex
4 May 2012 at 12:52am
As expected, ECB policy makers kept their benchmark interest rate at the record low of�1%. In the associated press conference, ECB President, Mario Draghi, said they still expect a gradual recovery this year but downside risks prevail and the outlook has�become ?more uncertain?. Spanish and French government debt sold well at auctions yesterday BUT�Spain?s yield on [...]
Confidence�in GBP and the UK
by alex
3 May 2012 at 12:38am
Overnight, Bank of England Governor King noted that rates would need to stay low for some time while suggesting that it would eventually return to normal levels. UK saw the release of PMI Construction which came in slightly above expectations at 55.8 while Credit lending and mortgage approvals were a welcome relief from disappointing data yesterday. [...]

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