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Archive for August, 2009

FBR Capital Markets Acquires Watch Hill Partners

Monday, August 10th, 2009 Posted in Uncategorized | Comments Off

FBR Capital Markets Corp, a middle-market investment bank, entered into an agreement to acquire Watch Hill Partners LLC, a boutique corporate finance advisory practice based in New York. The Watch ... Read more..

S&P Stands By Its Credit Ratings For Banks

Thursday, August 6th, 2009 Posted in Uncategorized | Comments Off

Standard & Poor's Ratings Services, in an industry report card, "Large U.S. Banks' Second-Quarter 2009 Performance In Line With Revised, Lower Ratings," published Aug. 4, 2009, on RatingsDirect, said that ... Read more..

$2.4 Billion For Batteries And Electric Vehicles

Wednesday, August 5th, 2009 Posted in Uncategorized | Comments Off

On August 5, President Obama announced grants totaling $2.4 billion to accelerate the manufacturing and deployment of the next generation of U.S. batteries and electric vehicles. The government's American ... Read more..

Commerce Secretary See Progress In Ending Recession

Tuesday, August 4th, 2009 Posted in Uncategorized | Comments Off

In August, the Commerce Department’s Bureau of Economic Analysis released encouraging data on GDP in the second quarter along with comprehensive revisions to the historical GDP data. According to its findings, ... Read more..

High Storage Rates Not Affecting E&P Stocks

Monday, August 3rd, 2009 Posted in Uncategorized | Comments Off

Natural Gas storage capacity is nearly full, says Morgan Stanley's Stephen Richardson. Domestic producing region working gas storage stands at 1,059 billion cubic feet, about 10 billion cubic feet short ... Read more..