Author: InvestAdvocate

Increase in lending rate’ll dampen credit creation – Analysts

Experts have said the successive increase in the lending rate in 2012 by the Central Bank of Nigeria will dampen credit creation in the economy. The experts, who spoke with our correspondent on Thursday, said that the move by the MPC had increased the cost of borrowing, which was having […]

Al Jazeera Buys Al Gore’s Current TV for $500M

There has been a lot of talk about the death of the TV business over the past 10 years. And the TV business is indeed beginning to change in ways that will change the status quo for TV companies, especially networks. But those changes are happening slowly. And in the […]

Ex-SAC Manager Martoma Pleads Not Guilty to Insider Trading

Mathew Martoma, the former SAC Capital Advisors LP portfolio manager charged in what prosecutors called the biggest insider trading scheme in history, pleaded not guilty to criminal charges.   Source: Bloomberg (written by Bob Van Voris and Patrcia Hurtado)