Monthly Archives: March 2012

New Listing: Schneider Electric debuts on BSE, NSE

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IndiaMarketsEditorial Team, Bloomberg UTV.Mar 20, 2012, 12:44PM ISTShare this article: Schneider Electric started off at Rs 65 on the BSESchneider Electric Infrastructure (SEIL) got listed on the Bombay Stock Exchange and National Stock Exchange today. The company’s stock started off at Rs 65 on the BSE and Rs 64 on the NSE.The issued, subscribed and paid-up equity capital of the company post arrangement is Rs 47.82 crore consisting of 23,91,04,035 equity shares of Rs 2 each.Schneider Electric Read more [...]

Easter event listings

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EDMOND — Editor’s note: This is a chronological working list. If you’d like to have your event listed, email the information to Mark Schlachtenhaufen at marks@edmondsun.com or call him at 341-2121 ext. 108. Available space and local interest will determine if it will be published. • 4 p.m. March 31 — The public is invited to an Easter Egg-Stravaganza at Acts 2 United Methodist Church, 4848 W Covell Rd. Bring your friends. Hunt for candy-filled eggs, have a silly photo taken, meet Read more [...]

China should broaden de-listing procedures – exchange official

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SHANGHAI, March 20 | Mon Mar 19, 2012 10:07pm EDT SHANGHAI, March 20 (Reuters) - China's stock exchanges should make it easier for companies to be de-listed and crack down on the use of shell companies for "backdoor" listings, a Shanghai Stock Exchange official wrote in an article published in official media on Tuesday. Exchanges should move away from their current over-reliance on a single criterion for delisting - three straight years of operating losses Read more [...]

Bales Faced Losing Houses as He Fought in Army

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A world away from the isolated camp in the plains southwest of Kandahar, Afghanistan, where U.S. soldiers seized homemade bombs and weapons caches in nighttime raids, Robert Bales’s other life was crumbling. The Army sniper’s home in Lake Tapps, Washington, where wife Karilyn once made Impossibly Easy taco pie and watched Mickey Mouse Clubhouse with his young daughter, was to be sold for $50,000 less than what they’d paid. They’d already defaulted on another home, scheduled for public Read more [...]

How ‘sledgehammer’ fell on spread-better

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It is feasible. Spread-betting, by its very nature, is high risk as – unlike a casino – the trades are open-ended. But the investigations have only just begun. Either way, the company was clearly in financial trouble. On February 28, it issued a profits warning, blaming an "unusual pattern of client trading" and the "combination of benign market conditions and low volatility". Worryingly, it said it simply expected "a more normal trend to prevail in future". That followed Read more [...]

Clovis home sales down from year ago

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Single-family Clovis home sales were down by 30 percent in the last three months compared to a year ago, according to a national property listing service. The Multiple Listing Service showed 82 homes were sold from Dec. 19 to March 19, compared to 116 in the same span a year ago. Average home prices increased to $162,000 from $141,774 from a year ago. Clovis Realtor Katharine Fly described the current housing market as “buyer friendly.” She pointed to lower interest rates and an influx Read more [...]

Study finds state governments at risk for corruption; New Jersey listed as …

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“It’s telling that no state received an overall grade of A,” said Caitlin Ginley, a staff writer for the Center for Public Integrity and a project manager on the study. “In every state, there’s room to improve the ethics laws, the level of transparency on government proceedings, the disclosure of information, and — most importantly — the oversight of these laws. “One of the major findings was that even when ethics laws are passed, they are difficult to enforce and lack meaningful Read more [...]

Bales Faced Losing Houses as He Fought 6700 Miles Away

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A world away from the isolated camp in the plains southwest of Kandahar, Afghanistan, where U.S. soldiers seized homemade bombs and weapons caches in nighttime raids, Robert Bales’s other life was crumbling. The Army sniper’s home in Lake Tapps, Washington, where wife Karilyn once made Impossibly Easy taco pie and watched Mickey Mouse Clubhouse with his young daughter, was to be sold for $50,000 less than what they’d paid. They’d already defaulted on another home, scheduled for public Read more [...]