January 11th, 2010
Stocks Indecisive ahead of Results
Techs dipped and the broader market struggled near midday Monday as investors mulled a report showing a jump in Chinese exports, considered a weaker dollar and geared up for the start of the quarterly reporting period. The Dow Jones industrial average (INDU) was barely changed nearly 2-1/2 hours into the session. The S&P 500 index [...]
Investment Grade Bonds Still Look Attractive
Investment grade corporate bonds are normally as dull as ditchwater. But 2009 proved to be an exception as fears of a global economic depression receded and investors reassessed the likelihood of corporate default. “Last year was a historic year of performance [for investment grade bonds],” says Eric Takeha, a senior fixed income portfolio manager at [...]
Right Disability Insurance Plan
No one can predict when accidents happen. That being said, it would be wise and of course safe if you have a disability insurance plan. In case anything bad happens to you, at least you would still be able to provide money for the household expenses. Further delay of acquiring this type of insurance is [...]
Huge Strain on the Banking System
SBI chairman OP Bhatt on Monday said there will be a huge strain on the banking system in times to come . “While there are huge opportunities, the banking system is under a lot of strain. The profits and interest margins may strain, while low-cost resources, current and savings account (CASA) are also on a [...]
City Drops Health Coverage for Employees
Due to a budget shortfall, Lexington’s Urban County Government is dropping health insurance coverage for 556 employees of “outside agencies”. These are organizations that are connected with, but not directly run by, city government. In reference to 2008 spending, reducing employees of the 20 organizations from Lexington’s insurance plan would save the city $506,218 a [...]