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Business Accountant - Financial News!

Calendar of major business events Wednesday (AP) and Oil shares up despite economic worries (AP)
From: www.financialnewsusa.com

"Major business events and economic events scheduled for Wednesday: WASHINGTON -- Expected interest rate decision announcement by Federal Open Market Committee, 2:15 p.m.HARTFORD, Conn. -- Aetna Inc. (NYSE: AET) reports third-quarter financial results. CHICAGO -- Chicago Mercantile Exchange Holdin..."

Fitch Affirms 7 Classes from Nelnet Student Loan Trust 2007-2 (Business Wire) and Fitch Affirms 4 Classes from Nelnet Student Loan Trust 2003-2 (Business Wire)
From: www.financialnewsusa.com

"NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed 7 classes of student loan asset backed notes issued by Nelnet Student Loan Trust 2007-2.Overall, collateral performance for the trust has been consistent with expectations from a net default and delinquency perspective. Approximately 87% of the n..."

SunTrust Reports Third Quarter Earnings of $0.88 Per Share (PR Newswire) and Q3 Sees Dual Decrease of IPO Events & Offer Amounts, Offer Amount by VC/PE- backed IPOs Slump by 95% Y-o-Y, & Exits at Home and Abroad Become Harder (PR Newswire)
From: www.financialnewsusa.com

"ATLANTA, Oct. 23 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders of $307.3 million for the third quarter of 2008, or $0.88 per average common diluted share, compared to $412.6 million, or $1.18 per average common diluted share, in..."

Ashland swings to 4Q loss on higher costs (AP) and Albemarle shares rise 3Q profit tops Street (AP)
From: www.financialnewsusa.com

"COVINGTON, Ky. (AP) -- Chemical company Ashland Inc., which makes the Valvoline brand automotive lubricant, said Tuesday it swung to a loss in the fiscal fourth-quarter on higher raw-material costs.The Covington, Ky., company reported a loss of $10 million, or 15 cents per share, in the quarter ende..."

Home Builders Led ETFs During Aug. (Investor's Business Daily) and Health Winners & Losers: Abbott (TheStreet.com)
From: www.financialnewsusa.com

"Last year's weakest sectors reversed course to become the strongest ETF performers in August. Precious metals and other commodities melted down as the dollar gained strength against other major currencies, which lessened the appeal of hard assets as a hedge on the greenback. In contrast to last y..."

TradingMarkets 7 ETFs You Need to Know for Thursday (TradingMarkets.com) and TradingMarkets 7 Stocks You Need to Know for Thursday (TradingMarkets.com)
From: www.financialnewsusa.com

"Sellers continued to dominate the market days after most indexes became overbought on Monday. Energy and materials-related exchange-traded funds, including precious metals ETFs, were among those pulling back most signficantly. Short and leveraged short ETFs tended to improve on their Tuesday gains..."

Bargain hunting after losses boosts world stocks (Reuters) and Nirvana Solutions Publishes 'A Guide to Overcoming the Operational Challenge of Multi-Prime' (PR Newswire)
From: www.financialnewsusa.com

"By Jeremy Gaunt, European Investment Correspondent LONDON (Reuters) - World stocks rose solidly on Tuesday as investors indulged in a burst of bargain hunting after five straight trading sessions of steep losses. The dollar and yen eased, also a reversal of recent trends.MSCI's all-country world ..."

Euro Dives to Lowest Level Since April 2006 as ECB President Trichet Signals Rate Cut Next Week (Daily FX) and British Pound Dives to 6-Year Lows on Carry Trade Declines (Daily FX)
From: www.financialnewsusa.com

"The euro fell to the lowest level since April 2006 against the US dollar on Monday as European Central Bank President Jean-Claude Trichet signaled that the ECB may cut rates on November 6.During a speech in Spain, the outspoken Trichet said, "I consider it possible that the Governing Council would d..."

Archer Entertainment Media Communications, Inc. Signs Letter of Intent to Acquire White Bear Productions, Inc.
From: www.financialnewsusa.com

"Archer Entertainment Media Communications, Incorporated (OTC: AEMC) www.archeremc.com, (ISIN US039490107), announced today the signing of a Letter of Intent to acquire the intellectual property owned by White Bear Productions, Inc., of New York, an edu-tainment-oriented print and Internet property d..."

Archer Entertainment Media Communications, Inc. Signs Letter of Intent to Acquire White Bear Productions, Inc. and Lionsgate & Twisted Pictures' Saw 5 Slashes Its Way To $30.5 Million Opening Weekend
From: www.financialnewsusa.com

"Archer Entertainment Media Communications, Incorporated (OTC: AEMC) www.archeremc.com, (ISIN US039490107), announced today the signing of a Letter of Intent to acquire the intellectual property owned by White Bear Productions, Inc., of New York, an edu-tainment-oriented print and Internet property d..."

ActiveStrategy Announces GSA Approval for Strategy Execution and Performance Management Software and Consulting Services (Business Wire) and Umpqua Holdings Chosen to Participate in U.S. Treasury Capital Purchase Program (Business Wire)
From: www.financialnewsusa.com

"EAST NORRITON, Pa.--(BUSINESS WIRE)--ActiveStrategy, Inc. announced today that it has obtained approval from the United States General Services Administration (GSA) under Schedule 70 Contract GS-35F-0009V to provide its market-leading ActiveStrategy Enterprise software and consulting services (speci..."




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