THE HAGUE, the Netherlands, June 7, 2013 /PRNewswire/ — Continue reading
By Lawrence H. Summers
(Reuters) – Paced by housing and energy, the U.S. economic recovery is likely to accelerate this year and budget deficit projections have declined as well.
Unfortunately the European economy remains stagnant, though there is some evidence that stimulative policies are gaining traction in Japan.
Around the world the idea of “austerity” is fiercely debated. This all makes a reconsideration of the principles that should guide fiscal policy opportune. This requires recognizing that policies need to be set in light of economic circumstances. Continue reading
MENTOR, Ohio, May 31, 2013 /PRNewswire/ — Gas Natural Inc. (NYSE MKT: EGAS) (the “Company”), a holding company operating local distributing companies serving approximately 73,000 customers in seven states, has announced that its Board of Directors declared a monthly dividend of $0.045 per share to shareholders of record as of June 14, 2013. The dividend will be payable on June 28, 2013. Continue reading
Valeant Pharmaceuticals International, Inc. Logo. (PRNewsFoto/Bausch + Lomb)
LAVAL, Quebec and ROCHESTER, N.Y., May 27, 2013 /PRNewswire/ – Valeant Pharmaceuticals International, Inc. (NYSE: VRX) (TSX: VRX) and Bausch + Lomb Holdings Incorporated, the global eye health company, today announced that they have entered into a definitive agreement under which Valeant will acquire Bausch + Lomb for $8.7 billion in cash. Continue reading
VANCOUVER, May 28, 2013 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX: SLW) (NYSE: SLW) announces the closing of a US$1 billion non-revolving term loan (“NRT Loan”), with a 3-year term, extendable by 1 year with the unanimous consent of lenders. Continue reading
By Suleiman Al-Khalidi
AMMAN (Reuters) – Arab spring countries face rising social tensions that could thwart an early economic recovery from over two years of political turmoil that has worsened fiscal pressures and threatens macroeconomic stability, a senior IMF official said on Saturday.
Masood Ahmed, International Monetary Fund (IMF) Director for the Middle East and North Africa, said oil importers Morocco, Tunisia, Egypt and Jordan faced the double shocks of high energy and food import bills and the impact of a global economic downturn along with growing popular disaffection since the wave of Arab revolts over two years ago. Continue reading
Mumbai, May 25 (ANI): Prime Minister Dr. Manmohan Singh has asked market regulator Securities Exchange Board of India (SEBI)to root out the disease of insider trading from stock markets. Continue reading
LONDON (AP) — The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out banks. Continue reading
DENVER, May 22, 2013 /PRNewswire/ – M.D.C. Holdings, Inc. (NYSE: MDC) today announced that its Richmond American Homes of Florida subsidiary, which has been operating in the state for almost 10 years, has closed on the purchase of its first homebuilding project in the South Florida market. The newly purchased project, The Oaks at Boca Raton, is scheduled for grand opening in the fourth quarter of 2013 and will feature a combined 60 sites with two-story homes ranging from approximately 4,100 to 6,750 square feet. Continue reading
LAS VEGAS, May 17, 2013 /PRNewswire/ – TCA Fund Management Group, investment manager of the TCA Global Credit Master Fund, will host an invitation-only Spring Investment Conference at Caesars Palace (3570 S. Las Vegas Blvd.) Friday, May 17 – Sunday, May 19. Registration begins Thursday, May 16. The weekend event will introduce 250 current and prospective TCA investors to a handpicked collection of TCA’s portfolio companies, as well as the full teams from TCA’s global offices in London, Australia and Miami. A portion of all event proceeds will benefit Make-A-Wish Southern Florida. Continue reading