(Reuters) – Securities regulators approved strict new listing standards for reverse merger companies on Wednesday amid a rash of recent accounting scandals. Under the new listing standards approved by the U.S. Securities and Exchange Commission, any company that becomes public through a reverse merger will have to meet stricter new […]

NEW YORK (AP) — The Dow Jones industrial average is closing with a loss of 389 points after Italy’s borrowing costs soared and talks collapsed in Greece on forming a new government. Interest rates on Italian government debt spiked, evidence that investors are losing faith in the country’s ability to […]

By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Standard Alliance Insurance Plc Wednesday posted a 24 percent (-24%) loss in its Third Quarter (Q3) report for the period ended September 30, 2011. This was contained in the Result announcement of the Insurance Firm to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. To […]