Archive | September, 2010
Phil Flynn: Exporting America!
A surprise drawdown in gasoline supply as the US becomes an exporter of more products as refiners sink deep into seasonal maintenance. Strong data out of China helped offset concerns about European sovereign debt. Add to it a weak dollar and you have created the right condition for an energy rally. Also of note China [...]
Continue reading...UPS Purchases 130 Hybrid Electric Vehicles
30 September 2010 – 10:50 pm PST
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UPS announced the purchase of 130 next generation hybrid electric vehicles (HEV) to add to its growing alternative-fuel vehicle (AFV) fleet. The 130 hybrids all will be deployed next year, with 30 going to New York and New Jersey and 100 to California. UPS estimates these vehicles will save 66,085 gallons of fuel and 671 [...]
Continue reading...Biggest Hedge Funds AUM
30 September 2010 – 10:10 pm PST
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Biggest Hedge Funds AUM Biggest Hedge Funds Continue to Increase AUM Hedge fund investors are giving strong preference to the biggest hedge funds in the industry rather than new and smaller hedge funds. Bridgewater Associates was the biggest winner in fundraising for the first half of 2010, raising $7.3 billion. Industry analysts conclude that investors [...]
Continue reading...Hedge Funds Jack McDonald
30 September 2010 – 10:05 pm PST
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Hedge Funds Jack McDonald Jack McDonald Seeing More Start-Up Hedge Funds Jack McDonald, president and chief executive officer at Conifer Securities LLC, says that he is seeing more start-up hedge funds. Also, he believes that the fundraising environment for start-ups has gone from nearly impossible to just very difficult. Click here to watch the video [...]
Continue reading...West Wing Week: "One Two Three … Lancers!"
30 September 2010 – 9:06 pm PST
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Welcome to the West Wing Week, your guide to everything that's happening at 1600 Pennsylvania Ave. Walk step by step with the President as he signs the Small Business Jobs Act, speaks to college journalists, holds backyard discussions about the economy with area families across the heartland and much more… Click here to see the [...]
Continue reading...A Landmark Achievement for Human Rights: The Special Rapporteur on Freedom of Assembly and Association
30 September 2010 – 9:06 pm PST
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In his address last week before the UN General Assembly, President Obama issued an unprecedented appeal to heads of state around the world to promote open society and open government. He noted that the "arc of human progress has been shaped by individuals with the freedom to assemble" and called civil society the "conscience of [...]
Continue reading...If We’re Serious about Jobs, Don’t Stop Job Creation
30 September 2010 – 9:06 pm PST
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Today, the Temporary Assistance to Needy Families (TANF) Emergency Contingency Fund will expire because a minority in Congress blocked the extension proposed by the President. This will put up to 100,000 jobs in jeopardy, raising unemployment and potentially even cost the government more money in additional public assistance funds. A strong commitment that the program [...]
Continue reading...Caisse Getting Ready for the Next Big Move?
30 September 2010 – 6:50 pm PST
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Frederic Tomesco of Bloomberg reports, Caisse Pension Fund May Borrow More After C$8 Billion Program, Sabia Says: The Caisse de Depot et Placement du Quebec, Canada’s biggest pension fund manager, isn’t ruling out selling more bonds after completing an C$8 billion ($7.8 billion) borrowing program three months ago, Chief Executive Officer Michael Sabia said. The [...]
Continue reading...Cautiousness Ahead of ISM Index
30 September 2010 – 6:28 pm PST
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The Dow continued sideways today dropping 47 points ahead of tomorrow’s ISM index. FundamentalsMarket opened strongly into the better than expected GDP, Jobless Claims and Chicago PMI but was soon overwhelmed by profit taking ahead of tomorrow’s ISM index. What cheered investors most is the huge surprise on the Chicago PMI which seems to point [...]
Continue reading...Statement by the NSC Spokesman Mike Hammer on the Freedom of Assembly and Association Resolution at the U.N. Human Rights Council
30 September 2010 – 4:54 pm PST
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Release Time: For Immediate Release The United States applauds the United Nations Human Rights Council’s establishment today of the first-ever UN Special Rapporteur on freedom of assembly and association. The United States co-sponsored the resolution creating this mechanism with a broad cross-regional group of 62 countries, including original co-sponsors the Czech Republic, Indonesia, Lithuania, the [...]
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30 September 2010 – 11:15 pm PST
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