Article by Shaw Financial By ERIC DASHPublished: July 10, 2011Only a few short months ago, JPMorgan Chase traders were on such a roll that they did not have a single losing day in the first quarter.But when the bank reports its second-quarter results this week, that hot streak will have come to an end. Analysts [...]
Shaw Capital Management Financial News: Wall St. Banks Expected to Post Weak 2nd-Quarter Results
Shaw Capital Management Financial News: Bin Laden not dead
Can you imagine the body of a globally wanted terrorist (Osama bin Laden, that is) being dumped into the sea soon after he’s done in by special forces? Me neitheWith no proof of his body and photos of the operation being held back from the public, it’s pretty natural that people would doubt the [...]
Shaw Capital Management World Financial News: Oracle Says HP Committed Fraud With Hurd Settlement
Article by Shawcap Financial In a new court filing, Oracle accused Hewlett-Packard of committing fraud by hiding its plans to hire Leo Apotheker as CEO and Ray Lane as chairman at the time the two companies were working on a settlement agreement to bring former HP CEO Mark Hurd to Oracle. The complaint, which was [...]
Shaw Capital Management World Financial News: Treasury 30-Year Bonds Decline After Fed Vows to Keep Interest Rates Low
Article by Shawcap Financial By Wes Goodman – Aug 9, 2011 5:47 PM PTTreasury 30-year bonds fell, snapping a two-day rally, on speculation the Federal Reserve’s pledge to keep interest rates at a record low will lead to faster inflation over the life of the securities.Shorter maturities, which are more sensitive to what the central [...]
Shaw Capital Management World Financial News: Warning on Carpet Scam
Article by Shawcap Financial RESIDENTS in the Marlborough area have been warned not to be taken in by a carpet cleaning company operating a “bait and switch” scam.The company has been ringing householders in Burbage, Mildenhall, Aldbourne and Ramsbury offering carpet cleaning for a special offer of