Finance Cross

Indian Markets are Strong

noreply@blogger.com (sriram raj) — Sun, 21 Aug 2011 23:40:00 PDT

Indian Share market had strong resistance with crumbling US and Europe Markets.

Experts say that most of the market share will be moved to Indian and China Markets and these markets are going to trend the world by the end of August. This a positive sign to Indian Share Market which would increase the confidence among the Indian Share markets.

This is the best time to Invest in Indian Share market as there are very less now.

Best Shares to Buy

DLF

SBI

UNITECH

RCOM

Technorati Tags: Indian Share Market,Shares,Share Market

Unitech Hits All Time Low

noreply@blogger.com (sriram raj) — Wed, 22 Jun 2011 01:28:00 PDT

Another Major Hit back for Indian Share market as UNITECH, the traders share has hit an all time low of 30Rs. Market as the trader share, UNITECH decreased from RS.90 Bench mark to Rs.30 in six months.

This is a perfect example of how share market has crashed in India. Do invest in Unitech to get more profits in coming months as the share will now raise

UNITECH hits an all time low of 34Rs

noreply@blogger.com (sriram raj) — Thu, 10 Feb 2011 22:38:00 PST

Another Major Hit back for Indian Share market as UNITECH, the traders share has hit an all time low of 34Rs. Market as the trader share, UNITECH decreased from RS.90 Bench mark to Rs.34 in two months.

This is a perfect example of how share market has crashed in India. Do invest in Unitech to get more profits in coming months as the share will now raise

RCOM Reaches 91Rs benchmark

noreply@blogger.com (sriram raj) — Thu, 10 Feb 2011 22:34:00 PST

Reliance communications shares have hit a massive hit back when their shares reach 91Rs in market today. The shares which were at 180 Rs two months back has decreased half of its cost due to the 2G scandal.

There is no market support for the shares and dont even know how much down these shares go. If you are planning to invest for future, Reliance Communications is the best option now

Swift Car Insurance Tips

noreply@blogger.com (sriram raj) — Fri, 21 Jan 2011 09:29:00 PST

If you are a driver or owner of a car, motorbike, lorry or any other type of motor vehicle, you must be insured by law. Swift Car Insurance is a great way to ensure your safety and that you are not breaking the law.

The world of motor insurance is a complex one. There are literally hundreds of different policies to choose from, and it's not always easy to know how to go about finding the right one for you - and at a cost that won't break the bank!

Here we aim to explain some of the ins and outs of Swift Car Insurance, and the advantages of obtaining impartial and expert advice. Also, what you should do if you're involved in an accident.

Motorist's Legal Protection

Swift Car Insurance Tips

This is cover to meet the cost of defending court actions arising from incidents on the road. It includes a free 24 hour expert advisory service.

How much will it cost?

The cost of swift car insurance can vary enormously - an insurance broker who knows the market will be able to select the best policy for you. However, many factors will influence the premium you have to pay.

• The type of vehicle you drive. The more powerful the engine, the more expensive the car is to repair, and the more likely it is to be broken into or stolen will all affect the premium you have to pay.

• The area you live in, your occupation and where your car is parked. If you live in an inner city where you are more likely to be involved in an accident or have your car stolen, you will pay more than someone who lives in a country village. The same is true if you use your car for work . Whether or not your car is kept in a garage can also make a difference. Including cover for drivers under the age of 25 will also affect the premium - costs can be kept lower by restricting the drivers to you, or you and your legal partner only.

• Your age and driving experience. Young drivers are more likely to have accidents, while older people tend to be more careful. Insurers generally apply a basic rate to drivers aged 30-49. If you're younger than this, your premium is likely to be higher due to the higher risk posed. If you're older, you could qualify for a discount. Any disabilities you have will also be taken into account.

• If you've been convicted of motoring offences in the past, or have a bad accident record, you will probably have to pay a higher premium.

• Before a swift car insurance company will sell you swift car insurance it will want to weigh up all the risks involved, so before your broker can offer you an accurate quotation they will have to ask a lot of detailed questions covering the points outlined above. Remember - if you fail to provide accurate information a subsequent claim may be refused.

• It's worth consulting a broker who has a wide knowledge of what's available and will shop around, saving you considerable time in having to seek quotations from different insurers.

Cutting the Cost

You may be able to reduce the premium you pay by restricting the cover granted by the policy. For example - you could limit the number of people who will drive the vehicle. But be careful - if the regular driver is incapacitated, you don't want to find out that nobody can drive the car in an emergency.

Another way of cutting your insurance costs is to agree to pay the first part of any claim. This is known as an 'excess' and discounts are available for taking out an additional voluntary excess (e.g. £100) but beware that compulsory excesses may already apply. Young drivers may be able to obtain an initial discount on their first year’s policy if they have successfully sat the "Pass Plus" exam.

No Claim Bonus

Once you've had swift car insurance for a year or more without making a claim, you should be eligible for a 'no claim discount' or 'no claim bonus.' This usually amounts to a reduction of 30% on your premium in the first year, rising in annual steps to a maximum of 60 or 65%.

If you make a claim, your no claim bonus will be reduced or disallowed. If you have built up a higher rate of bonus, most insurers will usually reduce it by two years, rather than disallowing it altogether, and some offer a protected no claim bonus. Sometimes it may be cheaper to pay for minor damage yourself, rather than risk losing your bonus.

But what if the accident was not your fault? If you have protected or guaranteed your 'no claim bonus' this should be preserved following an incident, however if it is not protected it will be stepped back until the claim is resolved and a recovery made in full from the guilty third party. Your no claim bonus shouldn't be affected if the insurer is able to recover the cost of the claim from the party who was to blame.

It's important that you inform your broker of all incidents of damage or loss, however small, and even if you do not make a claim for them. There have been cases where insurance companies have refused to meet claims because the driver failed to disclose previous incidents.

Insuring your car abroad

Your UK policy will provide cover in EU countries to meet their minimum legal requirements, but this may not be enough if you have an accident. Nor will it cover you for theft or damage to your car, and may not cover your legal liabilities to other people. Some insurers will ask you to pay an additional premium for comprehensive cover whereas others give it at no cost. If you are a regular traveller to the continent check with your broker who will select the most appropriate choice for you. You may need to advise your insurer of any overseas trip.

If you don't tell your insurer and have an accident, you may find yourself paying for the extra costs that would have been incurred had the accident happened in this country, provided the insurer agrees to deal with the claim.

When you start your policy ask your broker if you have an EU certificate and if it is necessary to tell them about journeys less than 30 days to Europe.

If you do not have a EU certificate, or are travelling outside Europe you will need to give your broker plenty of notice that you wish to order a green card. This will provide the necessary evidence that your policy meets the legal requirements for third party liability in the country you are visiting.

However always ensure that if you do travel outside the UK your swift car insurance policy will extend the same cover to Europe. Some policies will only give the minimum legal requirement in the country visited which will not necessarily be the same as the cover you have in the UK and in this scenario will certainly not provide cover for loss or damage to your vehicle..

If you are involved in an accident

If you have a vehicle accident which causes injury or damage, you must give your name and address, and details of your insurance policy to anyone who reasonably needs it.

• If you're involved in an accident, do not admit liability. Take the name and address of the other driver, and details of their insurance company, and of any witnesses. If anyone is injured, call the police. If they do not attend the scene, or if someone else's property has been damaged, the accident must be reported to the police within 24 hours.

• You must tell your swift car insurance company about the accident, even if you do not intend making a claim, as you will always need to report and incident. Your broker can advise you about whether you should make a claim or not.

• If you intend to claim, you'll have to contact your broker. You should wait for the go-ahead from your swift car insurance company before having your vehicle repaired. They may want a damage assessor to look at it, or you may have to supply estimates before the work is done. Some insurers may have their own repair schemes, where you can take the vehicle to garages which may be able to start repairs immediately.

• If you have to pay a proportion of the repair costs, then you must pay this to the repairer irrespective of who was to blame for the accident. Should you decide to go ahead with the repair yourself, you are responsible for the cost until your insurers have agreed to pay. But beware of taking this course of action, because if the insurer can show repairs could have been done cheaper somewhere else, they may pay a lesser amount than you claim.

• If your vehicle is not worth repairing, the insurance company will offer you a lump sum for it. This is known as a 'write-off' or 'total-loss'. The damaged vehicle then belongs to them.

•After an accident, you may incur expenses which are not covered by your policy - examples are the cost of hiring a car while yours is repaired, or compensation for personal injury. Such expenses might be claimed against a third party – again, your broker will be able to give you all the advice you need.

If your vehicle is stolen

If you vehicle is stolen, you must inform the police immediately. You should also tell your insurance broker as quickly as possible.

You'll may have to wait up to six weeks with some insurers before they will settle any claim for its loss. This time is to allow the police to investigate the crime, and hopefully recover the vehicle, however many insurers operate shorter timescales.

If your vehicle is found, tell your insurance company and give them precise details of its whereabouts.

Personal property stolen from a vehicle or damaged may be covered under a comprehensive policy, but only up to a certain limit - usually around £150.

Where to go for advice

The world of swift car insurance is extremely complex, so always talk to an insurance broker. As an independent expert, they will help you decide what sort of cover you need, and choose the right insurer to meet your requirements at the most reasonable cost.

An insurance broker will put your interests first. They work for you, not the insurance company. So you can be sure of impartial advice at all times, a choice of the products available, and a helping hand.

For more information related to Swift Car Insurance tips, visit one of the best article on Swift Car Insurance in Squidoo

ABC of Investments

noreply@blogger.com (sriram raj) — Mon, 01 Nov 2010 22:23:00 PDT

Investment is a term with several closely-related meanings in finance and economics. It refers to the accumulation of some kind of asset in hopes of getting a future return from it.
Assets such as equity shares or bonds held for their financial return
rather than for their use in the organization’s operations.

Return on Investments

The money you earn or lose on your investment, expressed as a percentage
of your original investment.
In Simple words, It is the amount received as a result of investing in particular ventures.

Collective Investments Schemes

Funds which manage money for a number of investors and pool it together. This enables investors to benefit from a larger number of individual investments and cost efficiencies.

Short-Term Investments

Short-Term Investments are generally investments with maturities of less than one year.

Capital Investments

Investments into the fixed capital (capital assets), including costs for the new construction, expansion, reconstruction and technical reequipment of the operating enterprises, purchase of machinery, equipment, tools, accessories, project and investigation works and other costs and expenditures.

warren buffett names successor | ValueWalk.com

noreply@blogger.com (sriram raj) — Wed, 27 Oct 2010 07:08:00 PDT

In a shocking announcement it now seems that Li Lu has turned down the position of investment officer at Berkshire Hathaway.

According to the WSJ:

The surprise announcement (that Todd Combs would be an investment officer at Berkshire Hathaway) came after two candidates—including Chinese-American hedge fund manager Li Lu, and another individual Mr. Buffett was interested in—took themselves out of the running for the job, Mr. Buffett said. The emergence of Mr. Li as a contender was the subject of a July page-one article in The Wall Street Journal.

Buffett originally announced that three people would take over his role as Chief Investment Officer at Berkshire Hathaway. Li Lu knew this when Munger announced he would be one of the people to get the job several months ago. So why did Li Lu suddenly announce he is not interested? Was he never interested in the job, or did he suddenly decide to drop out maybe because he does not like Todd Combs? I have no idea just speculation here. I will try to do some investigative research into the topic to come up with more answers.

I also wonder who the third candidate was. Buffett recently announced his three favorite investors are Li LU, George Alexander of Sequia Fund, and legendary value investor Seth Klarman. Alexander likes to be very low key so I doubt that Buffett really thought he would take the job. Klarman runs a $20 billion hedge fund and I doubt he plans on giving that up. Especially since he now has closed the fund and it is unlikely he would want to manage Buffett’s portfolio which is five times the size. Buffett knows all this and likely never even approached the Klarman or Alexander.

Stay tuned as more updates become available on this increasingly surprising development.

This is breaking news I will post more tonight or tomorrow as more information becomes available.

Today Berkshire Hathaway announced that Todd Combs of Castle Point Capital will become an investment officer at Berkshire Hathaway.

Bloomberg is reporting that Combs will be managing a “significant portion” of the investment portfolio. It seems that Combs and Li Lu will both be running the investments of Berkshire Hathaway, while David Sokol is expected to be the next CEO.

Bloomberg is also reporting that:

Castle Point is a Greenwich, Connecticut-based hedge fund focused on financial services companies.

Description:

USB is a holding of Buffett and the largest holdings of Combs. There are similarities already, or it could be a coincidence. Combs seems to have a strong background in financial companies which make up approximately 50% of Berkshire Hathaway’s operations. Combs also owns a lot of big companies which is a plus because when he is managing Berkshire’s portfolio he will only be dealing with companies with a large market cap due to the size of Berkshire’s portfolio.

According to CNN:

A study thatFortune made of Castle Point’s13Fs from the first that it filed, for Dec. 31, 2007, through its most recent, for June 30, 2010, shows Combs to have been an active trader with good instincts at one important juncture.

All told, he had long positions in more than 80 different stocks in that 30-month period. A buy-and-hold man he was not: Among his stocks, only one stayed in the portfolio for the entire period, that was United America Indemnity, a Nasdaq insurance and reinsurance company registered in the Cayman Islands until recently and now renamed Global Indemnity (GBLI) and registered in Ireland. From the end of 2007 until the end of June this year, this company’s stock fell by 58%.

In addition, CNN reports that Castle Point is ong/short hedge fund set up to take positions in financial services companies. So this would add some fresh ideas to Berkshire which currently only holds stocks long.

Is this due to any change in Buffett’s health or was this a planned announcement? Only time will tell.

noreply@blogger.com (sriram raj) — Mon, 16 Aug 2010 08:04:00 PDT

VT5H36R2D8SD

Do's and Dont's in Share Market

noreply@blogger.com (sriram raj) — Thu, 12 Aug 2010 02:56:00 PDT

http://www.sharetipsinfo.com/Do%20and%20don%27ts.htmStock Markets are on of the volatile markets which needs good amount of expertise to buy and sell stocks. This is one of the best Stock Articles which tells do's and dont's in Share market. Use these Share market tips while investing in stock.

What You Must Not Do

1. Don't panic

The market is volatile. Accept that. It will keep fluctuating. Don't panic.

If the prices of your shares have plummeted, there is no reason to want to get rid of them in a hurry. Stay invested if nothing fundamental about your company has changed.

Ditto with your mutual fund. Does the Net Asset Value deep dipping and then rising slightly? Hold on. Don't sell unnecessarily.

2. Don't make huge investments

When the market dips, go ahead and buy some stocks. But don't invest huge amounts. Pick up the shares in stages.

Keep some money aside and zero in on a few companies you believe in.

When the market dips --buy them. When the market dips again, , you can pick up some more. Keep buying the shares periodically.

Everyone knows that they should buy when the market has reached its lowest and sell the shares when the market peaks. But the fact remains, no one can time the market.

It is impossible for an individual to state when the share price has reached rock bottom. Instead, buy shares over a period of time; this way, you will average your costs.

Pick a few stocks and invest in them gradually.

Ditto with a mutual fund. Invest small amounts gradually via a Systematic Investment Plan. Here, you invest a fixed amount every month into your fund and you get units allocated to you.

3. Don't chase performance

A stock does not become a good buy simply because its price has been rising phenomenally. Once investors start selling, the price will drop drastically.

Ditto with a mutual fund. Every fund will show a great return in the current bull run. That does not make it a good fund. Track the performance of the fund over a bull and bear market; only then make your choice.

4. Don't ignore expenses

When you buy and sell shares, you will have to pay a brokerage fee and a Securities Transaction Tax. This could nip into your profits specially if you are selling for small gains (where the price of stock has risen by a few rupees).

With mutual funds, if you have already paid an entry load, then you most probably won't have to pay an exit load. Entry loads and exit loads are fees levied on the Net Asset Value (price of a unit of a fund). Entry load is levied when you buy units and an exit load when you sell them.

If you sell your shares of equity funds within a year of buying, you end up paying a short-term capital gains tax of 10% on your profit. If you sell after a year, you pay no tax (long-term capital gains tax is nil).

What you MUST do

1. Get rid of the junk

Any shares you bought but no longer want to keep? If they are showing a profit, you could consider selling them. Even if they are not going to give you a substantial profit, it is time to dump them and utilise the money elsewhere if you no longer believe in them.

Similarly with a dud fund; sell the units and deploy the money in a more fruitful investment.

2. Diversify

Don't just buy stocks in one sector. Make sure you are invested in stocks of various sectors.

Also, when you look at your total equity investments, don't just look at stocks. Look at equity funds as well.

To balance your equity investments, put a portion of your investments in fixed income instruments like the Public Provident Fund, post office deposits, bonds and National Savings Certificates.

If you have none of these or very little investment in these, consider a balanced fund or a debt fund.

3. Believe in your investment

Don't invest in shares based on a tip, no matter who gives it to you.

Tread cautiously. Invest in stocks you truly believe in. Look at the fundamentals. Analyse the company and ask yourself if you want to be part of it.

Are you happy with the way a particular fund manager manages his fund and the objective of the fund? If yes, consider investing in it.

4. Stick to your strategy

If you decided you only want 60% of all your investments in equity, don't over-exceed that limit because the stock market has been delivering great returns.

Reference: Share Market Information

Stock Market Trends

noreply@blogger.com (sriram raj) — Thu, 12 Aug 2010 02:15:00 PDT

Stock Market is synonymous with the word gambling and is highly risky if you are begineer. It is highly advisable to understand the functioning of the stock market through stock market tips before making any transaction or investment. Learn about stock market from stock market Articles and Stop market tips from experienced marketeers and investors.

In Stock Market, it is very important to learn the technique of buying and selling the shares with the perfect sense of timing in order to earn huge profits. Companies offer their shares to public so that interested investors can participate and buy their shares.

The process of buying and selling of stock is executed in Stock Exchange with the help of stock brokers. However this is just an outlay or a framework of the stock market and stock tips. The real game starts with the tactics and strategies that are used by the investors and brokers. And for this, you may have to learn many new economic terms used to explain the moods of the stock market.

Trends in Stock Market

First and foremost vital step is to understand the trends of the market, often termed as market movements. There are adequate patterns, following which the stocks and supplies rise and fall. The reason could be anything from spoilt reputation of a firm to the infamy name of the company, which is not necessary to be noted. What’s important here is to concentrate on the time as in when the value of a share is rising and when it is going down.

When the value is touching sky, it is best to sell the shares so that you can make big gains. Timing rules the stocks merchandising. Proper understanding of the trends can only be earned by experience and focus. And once you are clear with market trends you can easily manage your investments with right timing.

Another is the stock trading systems. Nowadays many software companies provide valuable information on stock trading systems. Through this the investors can understand and manage the trends of many stocks. They can even seek assistance to know how profitable it will be to invest in a particular company.

These trading systems are available with many shares that are cost-effective if invested in, letting you free from the extra burden of work. But don’t forget before starting trading or investing in Indian stock market you need to do your homework as in proper research is required.

JP Associates Shares

noreply@blogger.com (sriram raj) — Mon, 09 Aug 2010 01:20:00 PDT

JP Associates Shares are also having a good trend today. Expected to go till 119. At present at 117. Looking good to reach 120

Idea Shares

noreply@blogger.com (sriram raj) — Mon, 09 Aug 2010 00:27:00 PDT

Idea Shares have good increase in the market.At present share is 72.

BHARTI SHARES Rocking

noreply@blogger.com (sriram raj) — Mon, 09 Aug 2010 00:24:00 PDT

Bharti Shares went up high upto 329 from previous days close of 323. Very good share to buy with boom in Telecom Shares.

Research Your Student Loan Options

noreply@blogger.com (sriram raj) — Sun, 08 Aug 2010 18:32:00 PDT

Research Your Student Loan Options: "Research Your Student Loan Options by Edmundo Thornton
Being accepted to a college is often the highlight of a High Schooler's dreams. Going through the testing and applications process, and then waiting for replies on those applications often make up a great part of a senior year in High School. Then comes the day that the letter arrives in the mail, and everyone gathers around to see whether you've been accepted or not.

You've been accepted! Great! Congratulations are offered, celebrations held, and then, suddenly, reality settles in. What's this college education going to cost and how are students, their parents, or other relatives going to help finance it? Today, more than ever, students entering college, as well as returning college students, are opting to obtain one or more student loans for college. While this may take some of the stress
off Mom and Dad as far as tuition costs are concerned, it's an entirely new ball game for everyone.

A college loan is just like any other private loan, with one major exception. A student loan doesn't have to be repaid until the student has graduated from college. A student may also have several student loans from several different lending institutions. One of the most common lenders for any kind of loan is your local bank. Beyond that, there are Federal loans such as FAFSA, which stands for Free Application for Federal Student Aid.These loans are eligible for those who meet certain requirements, so make sure you do
your homework beforehand.

The best time to start applying for loans is after you've received your letter of acceptance to the college of your choice. Forms need to be filled out and turned in as soon as possible after the first of January every year, but can also be completed throughout the course of the year, though processing time may increase. The FAFSA form is the most common approach to student loans after local banks and lenders, and is an
application that determines how much a family is able to contribute to a student's financial obligations while in college, based on household income.

A FAFSA student loan application will need to be filled out for every school year that you would like to receive financial aid. Most forms are available every November for the following school calendar year. Applying early will increase your chances of receiving a student loan through FAFSA, though it is by no means guaranteed. Keep in mind that while such federally supported loans often offer lower interest rates than private student loans received from a private lender, they are also more difficult to obtain.

When looking for any kind of student loans for college, take the time to thoroughly research your options and check interest rates, repayment terms and more than anything else, be prepared to be patient. Don't stop with one student loan request, which is like putting all your eggs in one basket. Fill out several different student loan applications from various private and government lending sources, and keep your fingers crossed. While you're waiting, start looking for scholarship money as another source of financial aid.

- Sent using Google Toolbar"

Inspirational Investing Ideas

noreply@blogger.com (sriram raj) — Sun, 08 Aug 2010 18:29:00 PDT

Inspirational Investing Ideas: "Inspirational Ideas III that can ensure you peace of mind and even save you tens of thousands of pounds. The advice is the smartest available online and best of all the ideas are absolutely free.

After weeks or even months of searching you discover the perfect opportunity, it ticks all the boxes and this is everything you ever wanted. You can’t wait to make it yours... Hold on a minute what happened to patience first. Complete the most important part of your research first with III I guess you’re in the right place at the right time.

The inspirational ideas are designed to do all the hard work for you. Just relax and make yourself a coffee, tea or something to drink or even something to nibble on, a ginger biscuit perhaps. Take a few minutes to browse this fascinating site. There are hundreds of thousands of methods and potential smart money opportunities you can take advantage of, but remember what you cant see cant hurt you.

- Sent using Google Toolbar"

Money market accounts

noreply@blogger.com (sriram raj) — Sun, 08 Aug 2010 18:26:00 PDT

Money market accounts, Money Market Rates, and Best Online Savings Accounts: "Money Market Accounts

Compare the top money market accounts, money market rates and savings account rates with our money markets comparison chart. Sign up for our newsletter, and we'll keep you informed of the high yield money market rates, high interest saving account rates, and bank bonuses. With an online money market account, banks can pay higher money market rates because of lower costs.

- Sent using Google Toolbar"

The Money Game

noreply@blogger.com (sriram raj) — Sun, 08 Aug 2010 18:26:00 PDT

The Money Game: "Welcome to the The Money Game Tax Bookshop

The Money Game has teamed up with Taxcafe to bring you a variety of useful resources to help you pay less capital gains tax, inheritance tax & other taxes.

- Sent using Google Toolbar"

BP Lowers Gas Prices to Appease Customers

noreply@blogger.com (sriram raj) — Sun, 08 Aug 2010 18:25:00 PDT

BP has lowered its gasoline prices in an effort to appease customers who are furious with its response to the Deepwater Horizon oil spill in the Gulf of Mexico, according to CNNMoney. While BP does not have the authority to set prices at the gas station, BP will offer a series of incentives to independent distributors to encourage station owners to lower their prices for drivers, including: a penny off the wholesale price of a gallon of gas; a rebate (payment) if distributors are successful in keeping sales up; a discount in the rate it charges service stations that accommodate motorists that use credit cards; and, a 'temporary voluntary allowance' worth a penny per gallon. 'Basically, what we've done is put together a package of assistance for the independent owners and operators of BP stations,' offered BP spokesman Scott Dean, who confirmed that discounts. 'Unfortunately, customers have taken out their frustrations on service station owners, who have nothing to do with the events in the Gulf.' It's unclear whether station owners will in fact lower their prices, and Paul Fiore, executive vice president of the Service Station Dealers of America and Allied Trades, suspects some would and some would not. 'Some stations are off 10, 20, 30 percent,' he added, illustrating the economic climate that resulted from the BP spill. 'It's not pretty.'

Freddie Mac sold Reference Bills at Lower Rates

noreply@blogger.com (sriram raj) — Mon, 02 Aug 2010 09:16:00 PDT

Freddie Mac (NYSE: FRE) has recently made an announcement in media that the company has sold $3 billion reference bills on June 28, 2010 at a very good price. These are unsecured securities which will provide the company a debt for short time. It is going to provide the short-term debt to a company for maturities. Freddie company is going to offer a reference bills in two different offers: A three month bill which is worth $1.5 billion and it is going to be mature on September 27, 2010 and second offer will be for a reference bill for six months of $1.5 billion which will mature on December 27, 2010. These two bills were sold on June 28 and it has settled down on June 29.

Freddie has sold these reference bills on Internet in Dutch auction. In this type of auctions, winning bidders need not have to pay the actual amount. The winning bidders need to pay only the amount which is lowest bid price. Such bids are only accepted by the dealers which are authorized to do so. It is said that Freddie has already sold reference bills at very low amount last week only which is approximately $3.5 billion. These rates are very low in comparison to identical bills which were sold earlier.

One can see that Freddie’s last 52-week range which has gone high at $2.50 and at lower side it has gone to $0.39. Current trading value of this stock is nearer to its 52-week’s low value, which is $0.39. Current market rate of this stock is $0.37 and it is -$0.02 of 52-week’s lower value. This figures shows that this stock is trading at almost -5.92% negative with volume of 6,278,313. This stock today has opened at the price of $0.39 and it has gone to the day’s high figure of $0.40.

The Bank of New York: How the future is going to be

noreply@blogger.com (sriram raj) — Sat, 31 Jul 2010 03:00:00 PDT

The Bank of New York Mellon Corporation (BNY Mellon) as the name suggests is a financial service providing company having operations globally. This company has two major banks in its portfolio. One is bank of New York Mellon. The Bank of New York Mellon has many wings under its own umbrella like institutional businesses, Asset Servicing, business of Advice on asset Management. Adviser services on Broker, dealer and treasury services. This institution is also active in many securities associated activities.
The Bank of New York Mellon recently has released its fourth quarter results. The profits have surged dramatically. Once observed carefully the data reveals that though there is a fall in the interest income but the profits rose like Mount Everest from a mere $25 million to $590 million. This surge in the profits basically came from the wealth management businesses. Asset management fee grew to a 5 percent more from previous quarter. This happened because of the Bank has acquired the Insight Investment Management.
Markets were expecting earnings per share of 50 cents and the company came up with approximately same results. The bank also has shown drastic decline in revenues as the low interest rates hurt their business badly. They have shown decline of about 30 percent. Bank management also feels the low interest rate regime has challenged them a lot.
The clear cut point here is that the bank was lifted just because of its asset management businesses in these turbulent times of low interest regime.
If we look at the future of this firm in terms of cash earnings per market rate, it is evident that this company is trading at more than 3.5x which is nearly 1% lower than the highest touched by the company. Analysts feel that the cash earnings in future quarters are going to be tight because of the interest rates regime. Based on the fundamental situations and technical’s it is best to be neutral about this company.
There is a strong feeling that being neutral is the best thing in case of this company even though it may surprise with good results from its asset management companies. It is being felt that the growth from asset management will not over rule the low interest rate regime

Li Lu Next Successor to Buffet

noreply@blogger.com (sriram raj) — Sat, 31 Jul 2010 02:58:00 PDT

A shocking article in the WSJ which states that Charlie Munger announced who would take over for Buffett. “In my mind, it’s a foregone conclusion,” Mr. Munger said. Buffett, and Lu have both refused to comment.

Interview with Robert Shiller Outlook for Stocks

noreply@blogger.com (sriram raj) — Sat, 31 Jul 2010 02:56:00 PDT

Few macroeconomic prognosticators have been as correct as publicly at crucial moments as Yale’s Robert Shiller, whose first and second editions of the Irrational Exuberance laid bare, with remarkable timing, the speculative bubbles forming first in the Internet-crazed stock market and next in residential real estate. Shiller is a professor of finance at Yale and the co-founder of investment firm MacroMarkets LLC. He recently teamed with Nobel laureate George Akerlof to write Animal Spirits: Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism

Read the full article along with Interview with Rober Shiller at the article given below:
Robert Shiller: A Cautious Outlook for Stocks

Some good books on Stocks

Finance Cross in Payperpost

noreply@blogger.com (sriram raj) — Fri, 30 Jul 2010 08:14:00 PDT

Soak the red dot in vinegar

Earning Money from Twitter

noreply@blogger.com (sriram raj) — Tue, 22 Jun 2010 09:39:00 PDT

Earning Money from Twitter

Earn Money Sharing Pictures and Videos

noreply@blogger.com (sriram raj) — Sat, 12 Jun 2010 21:07:00 PDT

Earn Money Sharing Pictures and Videos