Who is
Chy H Taing
CA, Riverside, 4746 Mango Ct, 92504
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Knight's Rivals Poised to Gain Share In Handling Retail Trades
Knight Capital Group Inc.'s (KCG) main business of making markets for retail stock trades is hugely prized on Wall Street, and now potentially up for grabs for a handful of competitors after a trading snafu steered big clients away from Knight.
Treasury to Sell $5 Billion in AIG Shares at $30.50 a Share
Washington--The U.S. Treasury Department Friday announced the pricing of its public offering of American International Group Inc. (AIG) stock, saying it would sell $5 billion in shares at $30.50 a share.
Berkshire Net Falls, but Operating Results Beat Consensus
Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) said second-quarter profit fell 9% to $3.11 billion amid declining results in its derivative portfolio and a failure to repeat a big investment gain it chalked up a year ago.
Brazil Petrobras 2Q Net Loss BRL1.35 Billion Vs BRL10.9 Billion Profit Year Ago
Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday it registered a net loss in the second quarter as earnings were dragged down by the impact of a weaker real and heavy fuel imports.
Berkshire Hathaway Profit Falls on Derivative Losses
Warren Buffett's Berkshire Hathaway posted a smaller second-quarter profit as losses on derivatives weighed on the company's bottom line.
Berkshire Hathaway Operating Profit Beats Estimate
Warren Buffett's Berkshire Hathaway Inc. late Friday reported its second-quarter operating earnings rose to $3.72 billion, or $2,252 per Class A share, from $3.42 billion, or $1,640 per Class A share, a year ago.
FTC Probes Third Point's Yahoo Investments: Report
The Federal Trade Commission is looking into Third Point's investments in Yahoo Inc , according to a Friday post on the AllThingsD site.
Sinking U.S. Dollar Sends Gold and Silver Higher
On Friday, gold (NYSEARCA:GLD) futures for December delivery increased $18.60 to settle at $1,609.30 per ounce, while silver (NYSEARCA:SLV) futures jumped 81 cents to close at $27.80.Both precious metals climbed higher as the U.S. dollar sank against the euro.
S&P Downgrades 15 Italian Banks
Standard & Poor's Ratings Services raised its economic-risk score on Italy and downgraded 15 Italian banks, noting the country faces a deeper and more prolonged recession than the firm had originally anticipated.
Globus Medical Marks Week's Second Post-IPO Stock Jump
Medical-device designer Globus Medical Inc. (GMED) jumped on its first day as a publicly traded company, the second stock this week to record strong gains in its public debut.
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