Archive for August, 2010
Religare Capital Markets Ltd. Hires Away Citigroup, Inc (NYSE: C) Executive
Religare Capital Markets Ltd. Has hired former Citigroup, Inc (NYSE: C) Managing Director Nalin Nayyar as the company’s new head of investment banking in India. Mr. Nayyar, age 41, will report to Tarun Kataria, who is CEO of Religare Capital Markets Ltd. Local unit, as well as Sutha Kandiah, the company’s global head of equity [...]
Peer to Peer Lending Scam: Are P2P Lending Sites a Scam?
If you have ever considered taking a loan out from a peer to peer lending site, you might be concerned whether or not peer to peer lending companies are a scam. There have been a number of financial innovations which have turned out to be scams. A number of companies that offer loans online have [...]
Hedge Fund Sells Bank of America Corp (NYSE: BAC) Shares for Citigroup, Inc (NYSE: C)
Lee Ainslie, a hedge fund manager, has sold all of his shares in Bank of America Corp (NYSE: BAC) and used the funds to begin investing in Citigroup, Inc (NYSE: C) during the second quarter, according to media reports. Ainslie’s Maverick Capital, along with a number of hedge funds, moved funds away from Bank of [...]
Apple (NADSAQ: AAPL) May Overhaul iTunes, Increase Sample Length to 60 seconds
Apple (NASDAQ: AAPL), the largest digital music retailer, is expected to boost the amount of time users can listen to a sample song as part of a larger overhaul of its iTunes store. CEO Steve Jobs is expected to take the stage on Wednesday at Apple’s annual September media event which has traditionally focused on [...]
Ford Motor Co. (NYSE: F) Begins Sales of Vehicles with MyFord Touch
Ford Motor Co. (NYSE: F) has begun offering the sale of two vehicles which feature the “MyFord Touch” on-screen turn-by-turn navigation and computer systems, including the 2011 Ford Edge and 2011 Lincoln MKX. The MyFord Touch technology is also expected to be available on the 2012 Ford Focus. The MyFord Touch technology allows users to [...]
Citigroup, Inc (NYSE: C) to Add 13 new Asia Desks by 2012
Citigroup, Inc (NYSE: C) is planning to increase the number of Asian desks that it has outside the region from 13 to 26 by 2012, with many of the new desks being located in Africa and Latin America, as the New York-based bank hopes to keep up with the increasing globalization of its Asian clients, [...]
Download a Free Audiobook with Audible.com’s “Audiblepodcast.com/Lost” Coupon.
If you’re a Lost fan and have any interest in audiobooks, checkout Audible.com, a service that provides listeners with an audiobook of their choice each month to listen to. Audible is now offering a 30-day free trial in which listeners can get one free audio book by taking advantage of the “Lost” coupon by visiting [...]
Morgan Stanley (NYSE: MS) Hires Away Bank of America Corp (NYSE: BAC) Executive
Morgan Stanley (NYSE: MS) has hired away Bank of America Corp (NYSE: BAC) executive Mitchell Nadel to head the company’s fixed-income trading operations in Japan, according to a report from Bloomberg News citing an obtained internal memo. Mr. Nadle, age 39, formerly headed Japan and Australia rates and foreign-exchange trading at Bank of America Corp [...]
Axa Cuts Stake in Goldman Sachs Group Inc. (NYSE: GS) by 50%
Axa, a French insurance company, has reduced its holdings in Goldman Sachs Group Inc. (NYSE: GS) by nearly 50%, according to documents from the U.S. Securities and Exchange Commission. Axa, which had previously been Goldman Sachs Group Inc. (NYSE: GS)’s largest shareholder, sold more than 14 million shares of the stock during the first six [...]
Google (NASDAQ: GOOG) May Compete with iTunes via YouTube Movie Rentals
Search-giant Google (NASDAQ: GOOG) is reportedly in talks with industry-executives to bring movie rentals to YouTube, according to a report to the Financial Times, placing the company on a collision-course with Apple’s (NASDAQ: AAPL) iTunes. Analysts expect that Google will attempt to take advantage of YouTube’s wide usage base and availability across all sorts of [...]
Ford Motor Co. (NYSE: F) Recalls 570,000 Windstar Vans in U.S. and Canada
Ford Motor Co. (NYSE: F) is recalling about 575,000 Windstar vans in twenty-one northern U.S. states and Canada from models made between 1998 to 2003 because of the possibility that the van’s rear-axle may fracture from corrosion, said regulators from the National Highway Traffic Safety Administration on Friday. Regulators opened a preliminary investigation on the [...]
Bank of America Corp (NYSE: BAC) Launches Three-Year Australian Benchmark Transaction
Bank of America Corp (NYSE: BAC) has launched a new three-year Australian-dollar benchmark transaction, a joint lead managers including Merrill Lynch Australia, ANZ, NAB and Westpac. The transaction is expected to be off as part of their Australian and New Zealand medium-term note program dated July 20, 2010. The pricing is expected to be released [...]
BNP Paribas (EPA: BNP) Hires Away Citigroup, Inc (NYSE: C) Executive
BNP Paribas SA (EPA: BNP) hired away Citigroup, Inc (NYSE: C)’s Gerry Fowler as the company’s new head of equity derivatives strategy, according to a report from Bloomberg News citing two people familiar with the situation. Mr. Fowler, age 31, will begin at the French bank in October and be based out of London. Most [...]
Financial Times Subscription: Get 4 Weeks Free
The Financial Times is offering a great deal for customers that sign-up for a new Financial Times Subscription. The newspaper of financial record is offering customers a four-week risk free trial. After the first four weeks of the free trial, you have the option to continue for 48 more weeks, for a one-year total subscription, [...]
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If you have any interest in audiobooks or podcasts, consider taking advantage of Audible.com’s 30 day free trial in which listeners can get one free audio book by taking advantage of the “savage” coupon code by visiting “audiblepodcast.com/savage.” You’ll also get 14 days of free service and access to Audible.com’s library of more than 85,000 [...]
worst video player ever- after over2:00 there's still no video appearing 