Positive trends developing Oct 24, 2009
Goetz said the college s net liquid assets are increasing and their debt is decreasing. Between partnerships and our alternative funding sources and efforts we generate over 6 million per year. (Wahpeton Daily News, ND)
Verizon, AT&T, Sprint Execs Talk Network Future Oct 24, 2009
"At 400 gigabits I think our routers melt, I think finance likes liquid assets, but I don't think that's what they had in mind," Donovan quipped. "We have to rethink how we're carrying traffic in our networks and I don't think you can stop at just the cost per bit. We need to back out of that and fundamentally rethink how we interoperated, how networks are constructed, how routing is done and how we move content.". (Datamation)
Guaranty Bancorp Announces 2009 Third Quarter Financial Results Oct 24, 2009
Although total assets remained relatively consistent with prior periods, there has been a shift to more liquid assets during 2009, including investment securities and short-term funding. Total loans have declined by $239 million from $1. (Primezone Releases)
Singapore's Private Home Prices Rebound on Cheap Money, Rebound in Economy Oct 23, 2009
Clients of Macquarie Private Wealth Asia must have liquid assets of at least $30 million. Gambling Boost. (Bloomberg -- Asia)
Nucor posts 3Q loss of $29.5M Oct 23, 2009
22 billion in liquid assets and a $1. 3 billion revolving credit facility that matures in 2012. (Charlotte Business Journal, NC)
Diamyd Medical AB (publ.): Fourth Quarter Report, Stockholm, October 23, 2009 Oct 23, 2009
Group net sales for the year were KSEK 1 105 (1 092) * Loss before tax for the year was KSEK -81 803 (-63 945) * Group liquid assets amounted to KSEK 37 287 (81 890) * Earnings per share for the year were SEK -7,4 (-6,3). CEO COMMENTS. (Primezone Releases)
Dollar depreciation: Denial or acceptance Oct 23, 2009
At their most panicky investors shunned all but the safest and most liquid assets: American Treasuries were a favoured comfort blanket. That demand for safe assets prompted a rally in the dollar in the months after the collapse of Lehman Brothers last September. (The Economist)
King, Turner Proposals Would Both Likely Produce Smaller Profits for Banks Oct 23, 2009
His March proposals for banks to increase the amount of capital and liquid assets they hold were largely endorsed by the U.K. government and the Group of 20 nations ... U.K. subsidiaries of foreign banks would need to be able to stand alone so that in the event of collapse, there would be enough liquid assets to pay U.K. customers. (Bloomberg -- UK)
Banks Face New Regulatory Proposals as U.K. FSA's Turner Publishes Report Oct 22, 2009
Turners March proposals to require banks to hold more capital and liquid assets were largely endorsed by the U.K. government and the Group of 20 Nations. Turner also heads a committee of the Financial Stability Board, a group of finance ministers, central bankers and regulators that guides G20 policy. (Bloomberg -- UK)
B of A seeks $128 million, control of Block 37 Oct 21, 2009
As an additional ground for default, Freed President and CEO Laurence Freeds unencumbered, unrestricted liquid assets have fallen below $5 million, in violation of a key condition of the loan, which was issued in 2007, according to the complaint. Mr. Freed personally and a holding company that he controls guaranteed the construction loan, and both now are on the hook for at least $50 million, the complaint alleges. (Crain's Chicago Business)
Interim Report January - September 2009 HL Display AB (publ) Oct 21, 2009
Liquid assets amounted to MSEK 210 (177), as of 30 September 2009, and at the beginning of the year to MSEK 221. Interest-bearing net receivables amounted to MSEK 118 (39) as per the balance sheet date. (Primezone Releases)
BLOOMBERG TV Viewers Have Highest Income and Net Worth Oct 15, 2009
According to the survey, the BLOOMBERG TELEVISION audience leads also in value of liquid assets, value of principal residence, value of total real estate owned, amount of total charitable donations made in the past year, expenditures on fine jewelry and watches in the past year and vacation travel in the past year. About Bloomberg. (Yahoo! Wire -- Entertainment News)
Banks' funding: Parting shot Oct 15, 2009
They will also have to raise their holdings of liquid assets, mainly government bonds, from the current level of 280 billion (equivalent to about 5% of assets) ... They will need to increase liquid assets, raise equity or replace short-term with longer-term borrowing to the tune of 600 billion-700 billion. (The Economist)
When money is worthless Oct 14, 2009
For example, China and Japan each have around $2 trillion of foreign exchange reserves, while Saudi Arabia and the Gulf states have comparable-sized pools of liquid assets available for investment. Since the available inventory of commodities is a fraction of their annual production, we could potentially end up with an extreme case of too much money chasing too few goods. (Asia Times Online)
HDFC Bank seen strongest in A-Pac Oct 12, 2009
The survey points out that banks in Singapore, Thailand, India, Vietnam and Hong Kong lead in the level of liquid assets (like government bonds) to total assets. Most banks in the region have refrained acquisitions this year. (India Times)
Editorial: On water, all must give – not just take Oct 11, 2009
California must change how it manages its liquid assets, particularly the water that flows through the Delta. Fisheries are collapsing. (Sacramento Bee -- Opinion)
How much does a franchise cost? Oct 11, 2009
Qualifications: $1 million in liquid assets and $2 million in net worth ... Qualifications: $50,000 in liquid assets and $250,000 net worth. (Boston Globe)
Eugene Robinson: Calling Rangel's actions 'mistakes' not strong enough Oct 9, 2009
What Rangel failed to declare were liquid assets a credit union account worth more than $250,000 and an investment account also worth more than $250,000 plus some real estate he owns in New Jersey and assorted stock holdings. These omissions came to light after Rangel filed amended disclosure forms, so he blew the whistle on himself. (Sacramento Bee -- Opinion)
Film celebrates 30th anniversary of Aber Day Kegger Oct 8, 2009
Kurt Wilson / The Missoulian Bob McCue, former chairman of the University Liquid Assets Corp., stands on a hillside in Miller Creek above the old rodeo grounds where, in the late 1970s, 8 would get you into the world's largest benefit kegger and a pitcher to drink as much beer as you could ... Five years later, McCue was chairman of University Liquid Assets Corp., a nonprofit set up early in the kegger's history ... Liquid Assets made a small profit, he said, the crowd was large, lots of beer... (Montana Standard, MT)
Click to read: Jon Gosselin's Side of He-Said, She Said Oct 7, 2009
So crying about $200K of your "liquid assets" brings out no sense of compassion from me. Time to let the Gosslins stand on their own and kick themselves for getting themselves into this mess. (CBS News -- Early Show)
Kate Gosselin: Jon took $230K from account Oct 6, 2009
According to Kate, Jon Gosselin virtually cleaned out the account that Kate said contains all their liquid assets last week after TLC announced that it would continue filming the Gosselin family, but was changing the name of their show from Jon & Kate Plus 8 to Kate Plus Eight. . (MSNBC -- News)
Orcutt man pleads guilty to grand theft counts Oct 2, 2009
There's very little in terms of any liquid assets available, he said. We believe that it is not justified at this point to trace out the assets as Mr. Roffoni was talking about doing, Lulejian said. (Santa Maria Times)
CBA showcases young alumni Sep 30, 2009
Ryan said she deals mainly with entrepreneurs, and the minimum wealth for a client is $10 million in liquid assets. One of the first things I learned was dealing was different personalities, she said. (Northeastern News, MA)
FDIC Wants Banks to Prepay Fees to Meet Failure Bill Sep 30, 2009
It needs the money now because the FDIC's cash needs will outstrip liquid assets early next year. Because of accounting requirements, the agency must set aside money for failures expected over the next 12 months. (ABC News -- Wire)
Is buying real estate a profitable idea? Sep 30, 2009
Have sufficient cash and other liquid assets to be able to hold until the time to sell is right. Follow these guidelines and you'll never have any reason to regret making real estate investing a major portion of your portfolio," concludes Malik. Read business stories in | Text: Related Stories Other stories in this section Other News Market | Corporate Announcement K Cherian Varghese, former chairman and managing director of state-owned Union Bank of India, will now head the Board For Industrial... (India Times)
FDIC looks to banks to replenish deposit fund Sep 30, 2009
As more banks have collapsed, most of its liquid assets have been exchanged for the less marketable assets seized from the failed institutions, like foreclosed property. Officials said that the plan disclosed yesterday was less expensive than a direct loan from the banks, an idea that many banks supported, because no interest would have to be paid and the plan would not be voluntary. (Boston Globe)
FDIC insurance plan is no long-term solution Sep 30, 2009
The approved proposal to boost liquid assets of deposit insurance funds is now put out for 30 days of public comment, reports CNBC's Mary Thompson. CNBC. (MSNBC -- Business)
HSBC bids farewell to dollar supremacy... Sep 25, 2009
" - ALAN If we give aid to all countries the way we did in Iraq, there are entire skids of dollars disappearing left and right. But really, the interest rates are money supply. When they go down it is a direct result of increasing the money supply. The Fed monetizing debt leads to an increase in money supply. We no longer know the real money supply because large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets are no longer... (The Drudge Report)
Swig is close to bankruptcy Sep 24, 2009
In an affidavit filed on Sept. 15, Swig stated that he does not have access to $28 million in cash or liquid assets, and warned that the default would cause his business to collapse and force him to file for personal bankruptcy ... In an affidavit filed on Sept. 15, Swig stated that he does not have access to $28 million in cash or liquid assets, and warned that the default would cause his business to collapse and force him to file for personal bankruptcy. (New York Post -- Business)
G20 to overhaul financial regulation Sep 22, 2009
Since the demise of Lehman, some banks have already cut leverage, boosted capital by selling stock and set aside a larger pool of liquid assets. "Banks have already changed so substantially that it's unlikely the G20 can impose a further pinch in terms of beefing up liquidity or reducing leverage," said Simon Gleeson, a lawyer at Clifford Chance in London. (Business Report, South Africa)
More of this story Sep 18, 2009
In addition, applicants cannot have liquid assets savings, stocks, bonds, etc. in excess of 10,000. (Bartlesville Examiner-Enterprise, OK)
Strategies for an Overextended Market Sep 17, 2009
Circle the wagons around your liquid assets. You must prepare yourself for another deflationary collapse in stock prices. (Human Events Online)
Australian Banks May Engage in Bond-Buying Spree to Meet Liquidity Levels Sep 16, 2009
The Australian Prudential Regulation Authority published a Sept. 11 on potential changes to the way banks define liquid assets for the purpose of stress-testing. Prior to the financial crisis banks had been lowering the quality of liquid asset buffers in a search for returns, the paper said. (Bloomberg -- Australia & New Zealand)
Today's News & Views Sep 12, 2009
SMH National Business Index. Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper reports. (Sydney Morning Herald -- Business)
Private banking stays buoyant Sep 12, 2009
Were looking at close to about 70,000 households by 2012 with more than US$500,000 each in liquid assets. The total value is estimated at about US$73bil, she told StarBizWeek in a recent interview. (The Star Online, Malaysia -- Business)
Ex-Morgan Stanley Hong Kong Banker Convicted of Insider Trading Sep 12, 2009
5 million of Du's liquid assets the first time the SFC has asked for such an injunction during an investigation of insider dealing. Aside from the insider dealing charges, Du was also convicted of counselling or procuring his wife to deal in Citic Resources shares in February 2007. (BusinessWeek)
Newspaper Edition Sep 12, 2009
AUSTRALIAN banks could be forced to substantially increase the minimum level of cash and so-called liquid assets sitting on their balance sheet under proposed new rules aimed at helping them withstand further global financial shocks. BARRY FITZGERALD. (Sydney Morning Herald -- Business)
Banks may need to increase cash Sep 12, 2009
AUSTRALIAN banks could be forced to substantially increase the minimum level of cash and so-called liquid assets sitting on their balance sheet under proposed new rules aimed at helping them withstand further global financial shocks. But the rules, if adopted, may hit profits for the sector given that holding liquid assets, such as cash or government bonds, is an unproductive, though necessary, part of banking. (Sydney Morning Herald -- Business)
Lehman Monday Morning Reveals Lesson Lost With Obama as Regulator-in-Chief Sep 11, 2009
Instead, they should be required to hold more capital and liquid assets. Break the Power. (Bloomberg)
Funding rules in New Zealand: Lord of the ratios Sep 10, 2009
Two mismatch ratios are designed to ensure that banks have enough cash and liquid assets readily available if creditors suddenly come calling. The third measure, a core funding ratio (CFR), is more novel. (The Economist)
Macquarie says mostly on the improve Sep 10, 2009
The company's balance sheet profile as of June 30 was little changed from March 31 with cash and liquid assets making up 40 per cent of assets, while over 50 per cent of funding was from sources maturing beyond 12 months or equity. The bank said assets under management declined slightly to $235 billion from the end of March. (Sydney Morning Herald -- Business)
Competitors line up to save failing banks Sep 8, 2009
Claffee said the holding company continues to support the bank and has more than $500 million in liquid assets. Combined, FNBA and National Bank of Nevada control more than $240 million in capital. (Phoenix Business Journal, AZ)
> Market conditions favor the purchase of smaller buildings Sep 2, 2009
5 million in net worth or enough liquid assets to buy a building outright. Business the past year hasn t been as good as it was in 2007 when the shop grossed more than $2 million. (San Jose Business Journal, CA)
9 must-see falls in western N.C. Aug 28, 2009
With 1,000-1,500 waterfalls in the mountains of Western North Carolina, falls fanciers don t have far to go to find these liquid assets. Jack Horan Hikers Carol and Raymond Harty of Asheville, N.C., view the 125-foot Rainbow Falls as it spills into the Horsepasture River. (Atlanta Journal-Constitution -- Travel)
Wynn’s proposal includes a European-style entrance."> Aug 28, 2009
Queens Chronicle - Wynn Resorts. Friday August 28, 2009. (Queens Chronicle, NY)
Wynn Resorts Aug 28, 2009
Friday August 28, 2009. Wynn’s proposal includes a European-style entrance. (Queens Chronicle, NY)
Just curious if you actually spoke to a rep from Dish Network. The court document... Aug 27, 2009
In addition, Freetech agreed to forfeit its liquid assets to Dish and shut down its worldwide business. A call to Freetech had not been returned at press time. (Multichannel News)
GMO's Debt Fund Gains 30% as Cooper's Argentina, Venezuelan Bets Rebound Aug 21, 2009
If you are a buy-and-hold investor like we are, it doesnt make sense to pay up for more liquid assets, he said. The extra yield investors demand to hold emerging-market bonds instead of U.S. Treasuries rose from 242 basis points to as much as 865 basis points from May 29 to Oct. 24, JPMorgan data show. (Bloomberg)
Slump will usher in a new order, says former trade minister Aug 16, 2009
"US house prices, which were at the root of the crisis, will eventually recover to their pre-crisis levels. But the US will not return to the point where Americans put all their savings into property. "I don't think we are going to be again in a situation where banks could conceive of making liquid assets out of anything, packaging toxic assets and selling them to little old ladies," he says. In the post-crisis economy the rules for issuing mortgages will be much tighter and very risky mortgages... (Business Report, South Africa)
Clairvest Reports Fiscal 2010 First Quarter Results Aug 14, 2009
The Company invests its cash equivalents and temporary investments in liquid assets such that they are available to cover any potential funding commitments and guarantees ... The Company invests its cash equivalents and temporary investments in liquid assets such that they are available to cover any potential funding commitments and guarantees. (CCNMatthews Press Releases)
Don't let Turnbull fool you: debt is not a dirty word Aug 10, 2009
The difference between the two is the Government's holdings of cash and liquid assets, which total roughly $100 billion. Turnbull gives the impression the debt will be solely the product of Rudd's decisions to spend money but, in truth, about half of it would have occurred in any event, being the consequence of the fall-off in tax collections and increase in dole payments caused by the recession. (Sydney Morning Herald -- Opinion)
Vista Gold Corp. Announces Second Quarter Financial Results and Conference Call With Management Aug 8, 2009
2 million) and other liquid assets (June 30, 2009 - US$723,000; December 31, 2008 - US$593,000). As a result of the delay in the issuance of the Change of Land Use Permit at the Paredones Amarillos gold project and the current uncertainty in the resource and financial markets, management has adopted a revised plan and budget for the year 2009. (PR Newswire)
Banco Macro Announces Results for the Second Quarter of 2009 Aug 7, 2009
In addition, the Bank's liquid assets remained at a high level, reaching 55. 3% of its total deposits. (PR Newswire)
Q: In the Cash for Clunkers program, will the clunkers be destroyed by the government or will they end up back on the road polluting the air? Aug 6, 2009
A. A millionaire household is defined as one with $1 million or more in investable or liquid assets (excluding sponsored retirement plans and real estate), according to New York-based Phoenix Affluent Marketing Service. A July report by the organization, a division of Phoenix Marketing International, said there are 5. (Atlanta Journal-Constitution -- Metro)
Even China faces meltdown Aug 6, 2009
Companies have more liquid assets than they can usefully invest and have been gambling with them in the stock market, a phenomenon last seen in size in Japan in the late 1980s. Shipments to retailers have increased by 15% in the first half of 2009, an increase reflected in the gross domestic product statistics but not necessarily in sales to final consumers, although households without electricity or running water have reportedly been dragooned into buying washing machines. (Asia Times Online)
Millionaire meltdown Jul 31, 2009
Heuer says clients seeking safer havens for their wealth turned away from equities to cash, other liquid assets and AAA-rated municipal bonds now up to 50 percent of their entire portfolio, according to the report. Clients are also asking more pointed questions. (Houston Business Journal, TX)
Unfazed by Data, Stocks End Mixed Jul 29, 2009
It also requires banks to collateralize the loans, meaning they have to turn over liquid assets, such as loans or CDs, to the Fed in order to get the money. As with any loan, the banks get the underlying collateral back when they pay off the balance. (Fox News)
Community Capital Corporation Reports Quarterly Earnings, Deposit Growth and Elimination of Director Fees Jul 28, 2009
William G. Stevens, President/CEO of Community Capital Corporation, stated, "While we are disappointed with our bottom line results, we are encouraged by our company's ability to generate pretax preprovision core earnings. Our strategy of focusing on shifting the mix of funding sources has been enhanced by our cash management calling efforts which were begun in early 2008. As a result, noninterest bearing demand deposit balances have increased 43% since December 31, 2008 and now total $105... (Primezone Releases)
P&G gathering steam with Mr. Clean Car Wash venture Jul 27, 2009
Franchisees require at least $500,000 in liquid assets, and the total investment typically runs from $3. 5 million to $4. (Cincinnati Business Courier, OH)
Liquidity and stocks Jul 27, 2009
Household demand for liquid assets is a function of interest rates the lower the yield is on other investments, the happier you are being cashed up ... In the US, according to Federal Reserve data analysed by Smithers & Co, the ratio of liquid assets to total assets stands at 12 per cent, having troughed at 8 per cent at the height of the tech boom as everyone piled into stocks. (FT.com -- Markets)
Lanare's 500 residents without water Saturday-Sunday Jul 27, 2009
The new report, "Liquid Assets: Responsible Investment in Water Services," scores 12 public and private utilities on 21 key disclosure issues, with a possible score ranging from a maximum of 63 to -63. The two public utilities in the sample -- Department of Water and Energy, New South Wales, Australia (score 55) and City of New York Department of Environmental Protection, US (score 50) -- did best. (Fresno Bee)
Macquarie Group Severs Ties With its Airports Unit as `Edifice' Unravels Jul 24, 2009
It had cash and liquid assets of about A$30 billion at the end of March. the Australian firm that emulated Macquaries funds model without the banking operations, was this year forced by creditors to repay debt, wiping out shareholders. (Bloomberg -- Australia & New Zealand)
Nucor incurs 2Q loss of $133M Jul 24, 2009
2 billion in liquid assets and an untapped $1. 3 billion revolving credit facility that matures in 2012. (Memphis Business Journal, TN)
Check your safety net Jul 22, 2009
" If you have a redraw facility, it can make sense to park the money in the mortgage, though Gordon says it's worth checking your terms first. Some lenders can "turn off" the redraw if you're unemployed. IPAC suggests putting the money into a high-interest savings account and paying yourself a set regular "salary", rather than making big financial commitments that could lead to trouble. Brookhouse says you should also take a realistic look at your employment prospects. Do you need to learn new... (Sydney Morning Herald -- Business)
Ex-Pimco's Palghat to Double Assets in Kapstream Fixed-Interest Hedge Fund Jul 20, 2009
Another 20 percent of the fund is invested in cash and liquid assets including bank bills and government-guaranteed notes. Mortgages make up the remaining 10 percent to 15 percent. (Bloomberg -- Australia & New Zealand)
