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United Community Bancorp Announces Cash Dividend

LAWRENCEBURG, Ind., Jan. 28 /PRNewswire-FirstCall/ — United Community Bancorp (the “Company”) (Nasdaq: UCBA) today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on or about February 26, 2010 to st…

[ More ] January 29th, 2010 | No Comments | Posted in Investment |

Two Step Software Announces Record Growth in 2009

NEEDHAM, Mass., Jan. 28 /PRNewswire/ — Two Step Software, Inc., a leader in equity management and FAS 123R reporting solutions, announced today a record 50% surge in customers as well as increased profitability in 2009.  The growth is directly re…

[ More ] January 28th, 2010 | No Comments | Posted in Investment |
 

EMC Achieves Record Fourth-Quarter Revenue Ahead of Company Expectations; Quarterly Earnings Per Share Up 54% Year Over Year

HOPKINTON, Mass., January 26 /PRNewswire-FirstCall/ — EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today reported financial results for the fourth quarter of 2009.  Ongoing strategic investments aligned t…

[ More ] January 26th, 2010 | No Comments | Posted in Investment |

How the market can control the banks

Barack Obama has decided to side with a state solution, if not yet a well-thought-out one, to preventing bank failures bringing down the world economy. But there is a market alternative: fix the banks so the bondholders keep bank risk-taking under cont…

[ More ] January 24th, 2010 | No Comments | Posted in Blogs, Economics |
 

‘Hope For Haiti Now’ Sets New Record for Disaster Relief Telethon

NEW YORK, LOS ANGELES, AND LONDON, Jan. 23 /PRNewswire / — With donations continuing to come in from around the world, “Hope for Haiti Now: A Global Benefit for Earthquake Relief” today announced that it has raised more than $57 million to date, a new…

[ More ] January 24th, 2010 | No Comments | Posted in Investment |

‘Hope For Haiti Now’ Sets New Record for Disaster Relief Telethon

NEW YORK, LOS ANGELES, AND LONDON, Jan. 23 /PRNewswire / — With donations continuing to come in from around the world, “Hope for Haiti Now: A Global Benefit for Earthquake Relief” today announced that it has raised more than $57 million to date, a new…

[ More ] January 24th, 2010 | No Comments | Posted in Investment |
 

Justin Fox Says Goodbye!

He writes: >The Curious Capitalist: I started writing this blog in Sept. 2006 at Fortune.com (a wholly owned subsidiary of CNNMoney.com). The very first post was about boards of directors. Law professor Stephen Bainbridge thought it was stupid. I sa…

[ More ] January 23rd, 2010 | No Comments | Posted in Economics |

Hedge funds win and lose from Obama’s assault on Wall Street

So it is Barack Obama vs Wall Street, and both sides are pulling no punches. But while Obama has singled out the banks, hedge funds are seriously threatened too. Here’s Obama:
My resolve to reform the system is only strengthened when I see a retu…

[ More ] January 21st, 2010 | No Comments | Posted in Blogs |

Government borrowing hits new record for December

With an election only months away, the data is certain to renew the debate at Westminster over the pace at which the UK should cut the budget deficitBritain borrowed £15.7bn to balance the books last month, the highest December figure on record, as two-and-a-half years of financial crisis and recession took a toll of the [...]

[ More ] January 21st, 2010 | No Comments | Posted in Economics, Finance |

Starts Down, Permits Up

The Census Bureau reported(.pdf) that housing starts declined but permits for new construction surged during the month of December in what continues to be a difficult period for the home building industry as new home construction remains near record lo…

[ More ] January 20th, 2010 | No Comments | Posted in Economics |
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