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| Kerala Padmanabhaswamy temple inventory begins BBC News Reports say a specially-developed device for the digital archiving of temple antiques and artefacts will be used from Monday to document the treasure. Experts on gems, coins, gold and antiques are expected to participate in the documentation. See all stories on this topic » |
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gol2664 Negocioenlinea Global Markets Overview – 02/20/2012 International Business Times AU – 1 hour ago By Christine Gaylican | February 20, 2012 9:51 AM EST The Dow Jones Industrial Average pushed higher for the second day after European leaders signaled progress toward an agreement on a second bailout for Greece.
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tdp2664 InvestorPlace Owning a stock involved in a merger or acquisition is a lot like winning the lottery. Find out how you can stack the odds in your favor.
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tdp2664 E money daily Verizon Communications (NYSE: VZ) has launched the “A Day in the Life of a History Maker” program in High Schools. Verizon Communications Pushing History Drive Verizon Communications (NYSE: VZ), the New York City based telecommunications company and largest 4G LTE network provider in the United States, has reportedly launched the “A Day in the Life
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dow2664 Ever since Facebook announced that the company will have its initial public offering later this year, I have been inundated with requests from friends, relatives, and acquaintances asking how they can buy stock in Facebook on the IPO. These are people who have never talked to me before about investments, and many have never invested before in their life. Normally, if an investor is lucky enough to buy a stock on the initial offering, the investor is usually rewarded with a huge gain in the stock price during the first day or two. So how does one get stock as part of the initial offering? It’s not just luck, it’s wealth. First of all, the three lead underwriters are Morgan Stanley (MS), J. P. Morgan (JPM), and Goldman Sachs (GS). Underwriters are the investment brokerage firms that raise money for companies. They are also in charge of the allocation of shares to the investor. The second tier underwriters are BofA Merrill Lynch, Barclays Capital, and Allen & Company. So if you have an account with any of these firms, you might have a chance of getting some shares. Often, the underwriters will distribute shares to other brokerage firms, but with a popular offering like this, the allocation may be slim pickings. That’s step one, the connection with the investment company. Step two is getting your broker to give you some shares. According to a spokesman at TD Ameritrade (AMTD), they recently implemented a policy that you must have $250,000 in your account before you can be considered to receive shares of an IPO. That’s the wealth part. Then if there is more demand for stock than are shares available, the firm would implement a lottery system to determine which clients would get shares. Fortunately, there are other ways of buying shares in Facebook ahead of the stock offering, although the ownership of the shares would be indirect. One way would be to buy stocks of companies that have invested some of their funds in Facebook. An example is Microsoft (MSFT), which owns roughly 1.3% of the social networking giant. Of course, this ownership represents a very small portion of Microsoft’s assets. Another way of having some Facebook stock is through the ownership of mutual funds. WallStreetNewsNetwork.com has turned up over 20 mutual funds that own shares of Facebook in varying degrees. Morgan Stanley has several funds that own Facebook such as Morgan Stanley Capital Opportunities (CPOAX), Morgan Stanley Focused Growth (AMOBX), and Morgan Stanley Inst Capital Growth (MSEQX). The T. Rowe Price family of mutual funds has over a dozen funds with Facebook stock, including T. Rowe Price Media & Telecommunications Fund (PRMTX), T. Rowe Price Balanced Fund (RPBAX), T. Rowe Price Blue Chip Growth Fund (TRBCX), T. Rowe Price Global Stock (PRGSX), and T. Rowe Price Global Technology Fund (PRGTX). Please note that for most of these funds, Facebook makes up a very small portion of the portfolio. An alternative to investing in the mutual funds is to invest in the mutual fund management firm. T. Rowe Price Group (TROW) is the asset management holding company that manages the numerous mutual funds that own some shares of Facebook. There are also a couple of closed end funds that own shares of Facebook. A closed end fund is similar to a mutual fund, in that it owns a diversified portfolio of stocks, however, mutual fund prices are based on the intrinsic value of the shares, called the Net Asset Value, whereas the price of a CEF is based on supply and demand and can trade way above or way below the net asset value. One of the CEFs is Firsthand Value Technology (SVVC), which has about 5% of its assets invested in Facebook. The last alternative to buying the stock ahead of time is through one of the companies that handle private stock trading. Unfortunately, this option is only available to accredited investors. If you don’t know what an accredited investor is, you probably aren’t one. According to the Securities and Exchange Commission, an individual accredited investor is “a natural person who has individual net worth, or joint net worth with the person's spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person; or a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year. If you fall into this category, then you could consider contacting SharesPost or Second Market, otherwise, don’t even try. To see a list of over 25 of the companies that own Facebook stock , check out the free list at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated. Will Facebook be a hot stock? With 845 million users as of the end of 2011, that’s a lot of potential buyers. If just one percent of Facebookers buy just 100 shares once the stock goes public, that’s 845 million shares being purchased. By the way, the anticipated stock ticker symbol for Facebook is expected to be FB. Disclosure: Author owns SVVC. No recommendations of any of the above stocks is expressed or implied. By Stockerblog.com
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dow2664 Gold price Silver price Stock Market Review News Today: The price of gold and the price of silver contracts ended on the negative side of break-even to close out the last trading session of the week. The safe haven appeal of precious metals dropped lower during the latter half of the previous week due to several variables. A rising dollar, paired with better-than-expected home based economic reports in the U.S., reduced investors’ interest in precious metal positioning. In addition, news spread that European leaders will meet on Monday to approve bailout funding for Greece. Stock market trends jumped higher on the news. The DJIA, as well as the Nasdaq and the S&P 500, finished the week higher overall. In addition to this positively skewed market news, index trends are also positioned on the positive side of break-even for the year overall. These variables pressured the precious metal gold and silver sector and both metals finished the last session of the week in the red. Gold price per ounce close silver price per ounce last close review: Gold contract finished the last session in the red by 2.50 and closed at 1725.90 per troy ounce. Silver contract moved lower last session by .605 and closed last trade at 33.22 per troy ounce. Spot gold per gram and spot silver per ounce trends today: Spot gold price per gram posted at 55.39 after last session close and spot silver price per ounce posted at 33.25 after last session close. Camillo Zucari
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DG365FD46564GFH654FU898 Here is a short recap of the developments in gold and silver prices during the week of February 13th to February 17th; this overview includes a short description of the changes in the markets that were related to the recent changes in precious metals prices; in the analysis in I use charts and I highlight the main news items that may have influenced gold and silver traders during the week. The announcement of Moody’s to downgrade the credit rating of several EU countries didn’t seem to affect many traders. Furthermore, the decline of the EU GDP by 0.3% during the fourth quarter of 2011 was also something that didn’t seem affect traders; during last week there were several U.S. reports that came out and showed a slight improvement in the economic situation including an increase in the Philly Fed index, housing starts and U.S. retail sales. Nevertheless, these reports didn’t seem to have much of an effect on precious metals prices. The Euro slightly declined against the USD, while other “risk” currencies such as the Australian dollar appreciated against the U.S. dollar during the week. This shift in the direction of the U.S. dollar may have also been responsible for
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dow2664 DJIA, Nasdaq, S&P 500 Stock Market Investing News Today: The primary indices in the U.S. moved higher during the closing trading session of the previous week due, in part, to the increased optimism and confidence which investors felt. The positive feelings stemmed from better than expected economic data posting in the U.S., paired with the news out of the eurozone that European leaders are moving closer to approving bailout funding for Greece. European leaders will meet Monday to vote on the bailout package and investors’ are optimistic that the vote for the bailout funds will be successful. U.S. stocks experienced another positive week as all three primary indices made gains overall. The Dow Jones Industrial Average moved higher overall by approximately 1.2 percent last week. The Nasdaq moved higher by approximately 1.7 percent and the S&P 500 climbed higher by about 1.4 percent overall. In addition to the positive close for the week, all three indices are positive for the year as well. The DJIA is higher so far this year by 6 percent. The Nasdaq is higher by 13 percent and the S&P 500 is green by 8 percent so far. The positively skewed data in the U.S. continues to mount and the momentum is building. The majority of signs are pointing towards a sustained economic recovery in process. Frank Matto
