Apr 24 2014

The incredible stock-picking ability of SEC employees

Published by Admin under Finance

In these cases where trades were made ahead of an announcement, the vast majority were sales. Take a look at the table below comparing the actions of SEC employees compared to the entire market, in various run-up periods ahead of an enforcement action. The disparity is striking. Thirty days or less before an announcement, for instance, more than 74 percent of trades by employees were sales, versus just half in the total market.

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Apr 23 2014

Fitch Affirms Macedonia’s BB+ Credit Rating

Published by Admin under Finance

Thanks to a further stimulus by public investment, Fitch forecasts that growth will accelerate slightly in 2014 and 2015, to 3.2% and 3.5%, respectively. Macedonia is a standout in the ‘BB’ category in terms of ‘ease of doing business’.

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Apr 22 2014

Golfers' bid to save club which 'ran out of cash' is approved by council

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Garnant Golf Club Ltd, who ran the course near Ammanford, went into liquidation shortly after a subsidy from Carmarthenshire council had ended.

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Apr 22 2014

Where to find the best cash Isas for 2014

Published by Admin under Finance

Banks pay more interest the longer you agree to lock away your cash. On a one-year fixed-rate account, Britannia pays 1.85pc. Withdrawals are subject to a loss of 180 days' interest, which is fairly typical for this type of account. Transfers in are accepted but savers must invest the maximum Isa allowance to open this particular Isa.

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Apr 21 2014

Should the government hold auctions for UK visas? Head to head

Published by Admin under Finance

• It could encourage bad practice. If a keen bidder is committing upwards of £2.5m, it is not beyond the bounds of possibility that he would spend a little more to investigate his competitors' intentions and gazump them. Even the best organisation can be vulnerable to a leak – or worse.

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