| USD-JPY: Working its Way Lower (TheStreet.com) The currency pair continues to trend lower and should target the 88.30 level. us.rd.yahoo.com |
Obama says bonuses are part of free market (at FT.com) Barack Obama, US president, on Wednesday said he "did not begrudge" the multi-million dollar bonuses given out to Lloyd Blankfein of Goldman Sachs and Jamie Dimon of JPMorgan Chase and added that their large pay-outs were a consequence of America's "free market system". us.rd.yahoo.com |
GEROVA Financial Group, Ltd. Updates and Clarifies Warrant Terms (PR Newswire) GEROVA Financial Group, Ltd. , an international reinsurance company, is clarifying certain of the terms of its 35.4 million outstanding new warrants that have been previously exchanged for 17.7 million of its old warrants. 聽As announced in the Company's press release dated June 7, 2010, the new warrants are now exercisable through January 16, 2014 at an exercise price of $7.00 per share. 聽All of the other terms of the original warrants will remain the same. 聽GEROVA believes that, as of June 14, 2010, our transfer agent, Continental Stock Transfer and Trust Company, has arranged to deliver the new warrants to holders of record as of June 8, 2010 of the original warrants. us.rd.yahoo.com |
Bloomberg to launch derivatives valuation tool (at Financial Times) Bloomberg, the privately held news and information company, is making a further push into over-the-counter derivatives amid growing calls from regulators and lawmakers for increased transparency in the $615,000bn market. us.rd.yahoo.com |
Sanderson Farms shares fall on analyst downgrade (AP) Shares of Sanderson Farms Inc. slipped on Monday after an analyst downgraded the chicken producer's stock on expectations that grain prices will rise and eat into profits. us.rd.yahoo.com |