“The Board of Directors and the entire senior management officials of Kodak agreed that this is a necessary step and must do because its future”, President and CEO of Eastman Kodak Antonio Perez justification in claims filing bankruptcy today (19/1). “We hope that we can work together with all the investors to uphold the company,” [...]

This action is  to peace the investors who want to do the restructuring the company. Last month, the directors and executives of the McGraw-Hill had meeting with Fund Jana Partners LLC and Ontario teacher’s Pension to the same discussions about split the company into two. McGraw-Hill will become the McGraw-Hill Markets, activity companies on the [...]

After all the troubles, Bank of America continues to encounter another difficulty when Moody’s suddenly dropping their credibility points yesterday. Not just BoA, the other  two banks as Citigroup and Wells Fargo also has the same situation of dropping their credibility points. However, BoA  has the most affected by the Bank is dealing with numerous [...]

Instead of conducting trade bribes or other conventional loans, the Bank of France, Italy and many other European countries selected selling negotiable to expand cash resources. A few cases were successful. “The Mission of the European banks right now is to stand up and go looking for sources of cash, as much as possible,” a [...]

Last week, security at the station Massy-Palaiseau was shock when they find a suitcase left unattended on the train RER near Paris. Over the past few years, Europe has witnessed few terrorist events subway bombings, so security forces are always placed in the highest alarm status each time there are “dynamic”. But after putting modern [...]

The reason of being put forward by Prime Minister David Cameron for not agreeing to participate in the Treaty referred to above is intended to ensure the interests of Britain, especially financial markets ahead of likely to tighten the Treasury to defend a country whose currency is not a member. This statement was immediately outraged [...]

While the Japanese Government is trying to devise a plan to curb the yen rising prices that made Americans give criticism, and the Chinese Government again intervened to rise higher their Chinese Yuan in the year end of 2011. Compared to the USD in 2011, Chinese Yuan and Japanese Yen price increases of about 5%.

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Continued  the drop from  9/12, gold price is delivered on the Kitco website this morning oscillates with amplitude narrow below threshold 1,640 dollars. Yesterday, the price of gold fell to close at 1,620 DOLLARS, rising nearly 44 MILLION compared with the peak in on December 13, is the key sessions  at 1,655 DOLLARS, while New [...]

Gold prices for immediate delivery on the Kitco website this morning fluctuate around the level with low amplitude 1,579 DOLLARS under 3 USD. Open price is US $ 1,570, just head on lower 4 versus price opened brightly through the session. The price of gold on the Comex trading, losing almost 10 MILLION at $1,577 [...]

Losses were calculated on the basis of the real value of bonds worth 6.4 billion of the EU countries for which MF Global announced has invested in the present moment. Previously, it estimated the damage to investors only at 600 million. Cases collapse MF Global has been compared as a Lehman Brothers 2nd. The MF [...]