Finance

United Way gives $78.7 million to Toronto region Tue, 06/28/2011 - 12:48 by Rahul K. Chaudhary In order to strengthen the financial conditions of its neighborhoods, the Canadian non-profit organization, United Way is planning to offer its needy member agencies a one-time special funding as it spends a record $78.7 million this year. Comments Read more	Welcome to the Big Leagues Fri, 11/12/2010 - 22:06 by Buck Hartzell With a current market capitalization in excess of $9 billion, Netflix (Nasdaq: NFLX) is stepping into the big leagues. All revolutionary companies must make this transition before becoming a true Rule Maker. Unfortunately, the transitionary period is dangerous ground. Comments Read more	IMF grants Iraq $741M loan Sun, 10/03/2010 - 06:34 by harsheeb Baghdad -- The International Monetary Fund agreed to provide Iraq with a $741 million loan, citing the country for its economic stability. The loan is part of a $3.7 billion loan that has been agreed to in principle, the British Broadcasting Corp. reported Saturday. The IMF said, "Iraq has continued to make good progress in rebuilding key economic institutions and maintaining macroeconomic stability, under very difficult circumstances." About 90 percent of Iraq's income comes from its oil industry. It is struggling to rebuild, however, after seven years of armed conflict. Copyright 2010 United Press International, Comments
Rare penny sold for $1.7 million Thu, 09/23/2010 - 23:22 by harsheeb Lincroft -- A one-of-a-kind 1943 U.S. penny struck in the wrong metal was sold by a New Jersey dealer for $1.7 million, with the proceeds going to charity. Laura Sperber, president of Legend Numismatics of Lincroft, N.J., said the coin, the only known penny mistakenly cast in bronze at the Denver Mint, was sold to an anonymous buyer from the southwestern United States after years of talks with the previous owner. "This is the world's most valuable penny. It's the only known example of a 1943-dated Lincoln cent incorrectly struck in a copper alloy at the Denver Mint. Comments Read more	Fannie Mae asks for an additional $1.5B Sat, 08/07/2010 - 06:14 by harsheeb Washington -- The Federal National Mortgage Association, despite improving finances, says it has asked the U.S. Treasury Department for an additional $1.5 billion loan. The giant mortgage broker lost $1.2 billion in the second quarter and shelled out $1.9 billion in dividends to the department, The Hill newspaper reported Friday. That's a sizable improvement from the first quarter, when Fannie Mae lost $11.5 billion. But Fannie Mae, already in hock to the government for $84.6 billion, "does not expect to earn profits in excess of its annual dividend obligation to Treasury for the indefinite future," it said in a statement. Comments Read more	Carrols Restaurant Group: Warming Up or Cooling Off? Tue, 07/20/2010 - 23:28 by Motley Fool Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition. Comments Read more
What Investors Think About LoopNet Thu, 07/15/2010 - 23:51 by Motley Fool Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition. Comments Read more	Producer prices fell in June Thu, 07/15/2010 - 22:41 by Inderjit Singh Washington -- U.S. producers paid 0.5 percent less for finished goods in June compared to May, largely due to falling food prices, the U.S. Labor Department said Thursday. Prices for producers fell for the third consecutive month and for the fourth month this year. The report was issued a day after minutes of the latest Federal Reserve Open Market Committee policy meeting said some members of the committee had "cited some risk of deflation," which stalls the economy as consumers wait to make purchases with prices headed lower. Comments Read more	What Investors Think About Heartland Payment Systems Thu, 07/15/2010 - 12:59 by Motley Fool Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition. Comments Read more
What Investors Think About Harvard Bioscience Wed, 07/14/2010 - 12:53 by Motley Fool Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition. Comments Read more	The 3 Most Compelling Numbers at Sirius XM Wed, 07/14/2010 - 00:28 by Anand Chokkavelu Stock investors today face data overload. Comments Read more	Is This Junk Worth the Risk? Wed, 07/14/2010 - 00:19 by Dan Caplinger In the financial markets, investors who take risks often reap the biggest rewards. Although most of the bond market has been among investors' favorite places for new money in recent months, junk bonds just might be giving you enough potential reward to justify their risk. Comments Read more