MCX set to become India’s first listed bourse

Mumbai: India’s largest commodity bourse, Multi Commodity Exchange of India Ltd (MCX), is set to become the first exchange to get listed in the country, and one of the most expensive exchanges across the world. MCX will sell 6.4 million shares, or 12.6% of its stake, through an initial public offering (IPO) that starts on 22 February and ends two days later.The MCX IPO is the first public share sale of the year and could signal the fate of primary markets in 2012. The total amount raised through Read more [...]

The house Victoria built for Lynny

Ian and Wendy Rowe have cared for their daughter Lynny who was born without arms and legs in their humble Melbourne home. Picture: Craig Borrow Source: Herald Sun EARLY one morning last spring, a well-known lawyer with political connections met a tough property developer on a bayside beach and hatched a plot as they walked. Talking fast and low, the power-walkers Read more [...]

Sunshine Heart Announces NASDAQ Listing

SYDNEY, AUSTRALIA and EDEN PRAIRIE, MN, Feb 16, 2012 (MARKETWIRE via COMTEX) -- Sunshine Heart, Inc. (asx:SHC) today announced that its application to list the Company's common shares on the NASDAQ Capital Market has been approved by NASDAQ and its related Registration Statement on Form 10 filed with the U.S. Securities Exchange Commission has been declared effective. Trading Read more [...]

Caza looks to sell San Jacinto property

By Editor on 16 February 2012 Caza Oil Gas (LON:CAZA), the US EP company, is exploring the possibility of selling its San Jacinto Property in Midland County, Texas. In a market update, Caza said that even more favourable investment opportunities and attractive recent Wolfberry properties’ sale prices has led the management team to explore the possibility of divesting the property. As a result, Caza has listed San Jacinto with the Oil Gas Asset Clearinghouse, a leading oil and Read more [...]

Listed stock options eliminate worries

This is Part 2 of a six-part series aimed at demystifying and examining listed stock option strategies. Part 1 can be found at montrealgazette.com/businessLast week I described the problems that befell AIG, Bear Stearns and Lehman Bros., which all resulted from Over-The-Counter private transactions (OTC). With OTCs, two counterparties enter into a transaction where the price is negotiated between the parties with no registration, no orderly markets, no disclosure, no pricing transparency, no margin Read more [...]

Empty buildings haunt Spain amid real estate crash

By ALAN CLENDENNING, AP Business Writer – 41 minutes ago  SESENA, Spain (AP) — Towering apartment blocks, complete with swimming pools and playgrounds, loom over empty streets, weed-filled lots and gaping excavation pits. The lone bank in this mega-development nicknamed "Manhattan" closed two years ago and most storefronts are bricked up.Apartments galore are for sale here and prices are plunging.More than 13,000 apartments were supposed to go up to create a mini-city for 30,000 people just Read more [...]

Caza Oil & Gas puts San Jacinto property up for sale

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Whitney Houston cause of death not listed on death certificate

The official Whitney Houston cause of death was not listed on her death certificate filed with Los Angeles County. So far, nothing conclusive has been ruled as the reason why the 48-year-old superstar died, although a combination of drugs and alcohol is suspected. An official cause of death will likely not be released until toxicology results from the Whitney Houston autopsy are completed in four to six weeks. The Whitney Houston death certificate filed in Los Angeles County by Deputy Coroner Read more [...]