Author: InvestAdvocate

Oil prices rise on stormy forecast for Gulf

  Oil prices rise as tropical depression heads toward Gulf of Mexico; rising stocks boost crude Sandy Shore, AP Business Writer, On Thursday July 22, 2010, 3:30 pm   Oil prices advanced Thursday as energy producers kept an eye on a developing tropical storm that could move into the Gulf […]

Dell paying $100 million in SEC deal

  Dell paying $100 million to settle SEC charges; Michael Dell paying $4 million WASHINGTON (AP) — Computer maker Dell Inc. is paying $100 million to settle federal regulators’ charges of using fraudulent accounting to meet Wall Street earnings targets. Under the settlement announced Thursday by the Securities and Exchange […]

Banks to contribute 0.3% balance sheet to fund AMCON

    THURSDAY, 22 JULY 2010 01:23 ONYINYE NWACHUKWUU     For the next 10 years, beginning December 31, 2010, banks are to contribute 0.3 percent of their balance sheet worth to a sinking fund yet to be set up, as a way of supporting funding for the Asset Management Company […]