Author: InvestAdvocate

Intercontinental Bank, Oceanic join NSE’s top 30 companies

By Udeme Ekwere Monday, 3 Jan 2011 The Nigerian Stock Exchange has included two rescued banks – Intercontinental Bank Plc and Oceanic Bank International Plc – in its NSE 30 Index. This follows the quarterly review of the index and four sectoral indices on the NSE. The NSE 30 Index includes […]

Dow Ends 2010 Up 11%

December 31, 2010 by DONNA KARDOS YESALAVICH NEW YORK—The Dow Jones Industrial Average rose slightly, giving a quiet ending to a second straight year of gains for the market. Other stock measures fell modestly.   The Dow closed up 7.80 points, or 0.07%, at 11577.51, up 11% from where it […]

Euro has 1-in-5 chance of lasting decade: UK think-tank

LONDON | Fri Dec 31, 2010 (Reuters) – The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday. The Center for Economics and Business Research said Spain […]