securities News

The heads of the world’s central banks gathered in Jackson Hole, Wyoming last week and seemed to agree that monetary policy itself cannot maintain global economic growth.

An investigation on behalf of current long term investors in Smith Micro Software, Inc. (NASDAQ:SMSI) was announced and SMSI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

The investigation on behalf of investors of Green Dot Corporation (NYSE:GDOT) over potential breaches of fiduciary duties continues and NYSE:GDOT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

he Chicago Mercantile Exchange has again raised margin requirements on gold after the price on the most popular hedging asset reached the psychological $1900/oz mark.

Yesterday, gold demonstrated its biggest intraday fall since 2008. Treasury obligations also fell while stocks in New York rose after publication of data on durable goods and real estate prices.

While the world awaits negative news from Europe and Germany, the producer of elite automobiles based there - Audi AG - is hiring workers to increase its production.

Thawer Ashcroft Crowne & Co, will be underwriting debt securities and investing in companies in the emerging markets that are seeking capital upwards of US $20M.

US Vice-president Joe Biden met with his counterpart Xi Jin-Ping and other Chinese leaders in Beijing over the weekend and again told his Chinese colleagues that their investment in American treasuries are and will continue to be safe.

Demand for gold as an investment good fell 17% in the second quarter of 2011 compared to a year earlier.

Today, Asian stock exchanges are trading in the negative for the first time after three straight days of growth.

Yingluck Shinawatra has become Thailand’s first female prime minister and has immediately attracted attention with her promises to increase incomes for the country’s agrarian farming population.

US stock indices rose yesterday, winning back losses from last week amid $21.5 billion worth of purchases and acquisitions, as well as reevaluations of assets to the lowest levels in about two years.

High-Frequency Trading Leaders Forum 2011, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", Hosted by Golden Networking, now in Hong Kong, Chicago, Sao Paulo and Singapore.

Yesterday, the world's major ratings agencies confirmed France’s top-tier credit rating after the average yields on the country’s debt securities went up amid fears that the European sovereign debt crisis is worsening.

The investigation on behalf of current investors of Life Partners Holdings, Inc. (NASDAQ:LPHI) continues as the Texas securities commissioner files a lawsuit against Life Partners Holdings, Inc and current LPHI stockholders should contact us.

A Deadline on August 26, 2011 is coming up on in lawsuit for investors in Smith Micro Software, Inc. (NASDAQ: SMSI) and NASDAQ:SMSI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

In the latest negative news coming out of the US, ratings agency Standard & Poor’s has downgraded the US’s AAA credit rating for the first time since the country received the top-tier rating in 1949.

LUXEMBOURG, 8th of August 2011 — Sauer Capital S.A. announced today that it has introduced Fair Value Pricing, the financial services industry's most automated system for valuing non-European equities after the US and Asian markets close.

Yesterday’s trading saw two records set – the Dow Jones Industrial Index dropped 166 points to 11703.10 as of 9:30AM in New York, the ninth time in a row and the longest drop since 1978, when oil prices went through the roof.

The stock market has collapsed: the S&P 500 Index is currently showing the biggest intraday drop of 2011 at the same time that yields on treasury obligations fell to their lowest level since November of 2010.

An investor in shares of JBI, Inc. (PINK: JBII) filed a lawsuit over alleged securities laws violations. Deadline: September 26, 2011 and PINK: JBII stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

Democratic Senate Majority Leader Harry Reid approved a preliminary agreement with Republican leaders and the Obama administration to raise the US government’s debt ceiling.

US stock markets are down, and the S&P 500 Index has been in a depression for the fourth day in a row.

Trading in America has been sinking slowly and dragging the S&P 500 Index down with it, to the lowest level in almost two months. Bonds and commodities futures collapsed, while the storm clouds of a possible impending US default are gathering.

An investigation on behalf of current long term investors in Smith Micro Software, Inc. (NASDAQ:SMSI) over possible breaches of fiduciary duties was announced and SMSI stockholders should send an email to mail@shareholdersfoundation.com

The US dollar was trading 0.2% above its record high against the Swiss franc before the US House of Representatives voted on a plan to cut government spending in exchange for raising the country’s debt ceiling.

Sauer Capital S.A. (www.sauercapitalsa.com), has enhanced its Workbench reporting platform to assist institutional clients comply with recent rule changes related to derivatives accounting and disclosure in international markets.

American assets fell today, pulling the S&P 500 Index down from a 2-week high, while treasury bonds and commodities futures fell together after negotiations on the US government’s debt ceiling continued.

Today, Speaker of the House John Boehner announced to legislators that he favors adding a short-term increase to the country’s debt limit over President Barack Obama’s proposed solution to the US’s debt problem.

The investigation for current long term investor in Computer Sciences Corporation (NYSE: CSC) over possible breaches of fiduciary duties continues and current NYSE: CSC stockholders should send an email to mail@shareholdersfoundation.com

European leaders redoubled their efforts to resolve the sovereign debt crisis in the Euro zone which has been going on for 21 months now, in order to relieve some of Greece’s debt burden.

Former Latham & Watkins Partner Enhances Firm’s Securities, Class Action Capabilities

Yesterday Apple, the leading producer of high-tech electronic gadgets and applications, reported record third quarter profits.

It was reported today that European banks will likely have to raise up to €80 billion ($113 billion) of additional reserves to cover possible losses, since the stress tests performed on them have failed to reassure investors.

Today, the upper house of the Italian parliament voted 161 versus 135 to approve a budget austerity plan proposed by Prime Minister Silvio Berlusconi that would cut the federal budget drastically by 2014.

While Europe and America work out their debt problems, the rest of the world is going about its business and showing steady growth.

Information Mosaic, the global leader in providing advanced post-trade automations solutions, has been awarded the SWIFTReady 2011 Certifications for Securities Settlement and Corporate Actions.

It seems the world has already grown tired of the continuous stream of negative macroeconomic news, although the real troubles are only just beginning.

It seems all bets have been placed on the EUR/USD support level at $1.4000, as the Euro dropped to this level from $1.4217 in only one day – such a drop hasn’t been seen since June 15.

An investor in STEC shares filed a lawsuit in connection with the August 3, 2009 stock offering and those NADSAQ: STEC stockholders should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com

On Wednesday, the Euro tested the $1.4300 support level against the dollar several times, but still stayed above it. There is quite enough negativity surrounding the Euro for bears to push it even lower.

Yesterday's decision by Moody's Investors Service, one of the most influential credit ratings agencies, to lower Portugal's rating from BAA1 to BA2 has made it the second European country whose bonds are rated at “junk status.”

An investigation on behalf of investors of Motricity, Inc (NASDAQ: MOTR) over potential securities laws violations was announced and MASDAQ MOTR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

An investigation on behalf of China-Biotics Inc. (NASDAQ:CHBT) concerning potential new securities laws violations was announced and NASDAQ: CHBT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

A large investor in Forest Laboratories, Inc. (NYSE: FRX) filed a lawsuit seeking information on the proposal to bar the CEO from doing business with federal health programs. NYSE FRX stockholders should email to mail@shareholdersfoundation.com

The market took a break in speculation today regarding a possible increase of interest rates in Europe.

Speculation on whether the European Central Bank will raise interest rates caused the Euro to rise against all other major currencies.

Data on business activity published yesterday by the Chicago Association of Managers shows an unexpectedly high rise in the index to 61.1 from the May level of 56.6.

Greece has announced its economic plan to privatize 87 billion Euros of state assets, 50 billion of which is being planned for bailing out the country until 2015 by selling off loss-making or entirely non-liquid assets.

The fate of Greece’s debt will be decided today when the country’s parliament votes on a package of steep austerity measures.