Tom Brown submits: Bill Gross says there was no institutional interest in Wells Fargo’s WFC $1.75 billion preferred offering this week. Wells' CFO Howard Atkins says, oh yes there was—a ton. Jim Cramer mediates . My take: Atkins is right and Gross is...
NEW YORK (Reuters) - Bill Gross, chief investment officer of Pimco, said he is interested in managing a pool of assets acquired by the government through recent financial rescue plans. "We have interest in managing this giant pool of assets, and...
Michael Shedlock submits: Yahoo!Finance is reporting Fed Can't Raise Rates. The Federal Reserve's decision to hold the line on interest rates was the only move the central bank could make considering the state of the US economy, PIMCO chief Bill Gross said on CNBC. by Michael Shedlock
HOUSTON -- Unicorp, Inc. (OTCBB: UCPI) provides an update of current production and drilling of its Walley Prospect located in Greene County, Mississippi. The Walley Estate #1 has been producing an average of approximately 85 barrels of oil per day and has produced over $200,000 in gross oil revenue since...
Calculate gross pay before federal withholdings, federal, state, FICA, and local deductions and exemptions are withheld using this tool. It is a quick, convenient, easy way to calculate gross wages.
SAN DIEGO -- PURE Bioscience (OTCBB:PURE) today announced that Murray H. Gross has been appointed to the Board of Directors. Gross, a successful and accomplished businessman, currently serves as Chairman and Chief Executive Officer of U.S. Home Systems, Inc. (Nasdaq:USHS). Gross brings a wealth of experience successfully growing young, emerging...
Ron Haruni submits: Bill Gross, chief investment officer at Pacific Investment Management Co. [PIMCO], who manages the world’s biggest bond fund, and Dan Fuss, vice chairman of Boston-based Loomis Sayles, who helps oversee more than $100 billion in fixed-income securities, according to Reuters - have expressed their interest in a...
How interest is calculated can greatly affect your savings. The more often interest is compounded, or added to your account, the more you earn. This tool demonstrates how compounding can affect your savings, and how interest on your interest really adds up!.
Feb. 1--Despite lower interest rates, First Union Corp.'s chief economist predicts the economy will have a "hard landing" by midyear, with gross domestic product growing by 1.5 percent in the third quarter. Feb. 1--Despite lower interest rates, First Union Corp.'s chief economist predicts...
Byline: H. LEE MURPHY The success of a Wal-Mart Supercenter that debuted two years ago in Antioch-population 14,000-has spurred a flurry of retail interest in this remote suburb. With the store on track to gross more than $100 million in sales ...
Renewed interest in economic growth has encouraged studies of how different sectors have contributed to convergence trends. Comparing productivity levels across countries is notoriously tricky, but one attractive approach has been to deflate sector value added by the PPP exchange rate for GDP Gross Domestic Product. There is a quite...
DALLAS -- Pioneer Natural Resources Company (NYSE:PXD) announced today that the Company has discovered a new gas field in northern Alberta and initiated production at a gross rate of approximately 18 million cubic feet of gas per day MMcfpd from three wells. Pioneer has a 100% working interest and a...
As numerous papers have argued, sales, inventory, and gross margin for a retailer are interrelated. A simultaneous equation model is constructed to establish these interrelationships at a firm level. Using publicly available financial data the six causal effects among sales, inventory, and gross margin are estimated. The results show that...
Whether you know it or not, the Federal Reserve System the Fed in washington, D.C., which regulates the U.S. banking and monetary system, affects your daily financial life. That is, unless you don't have a bank account or a charge card, and you never buy on credit. But if you...
Oklahoma suffered a gross loss of more than $15.8 million from Enron investments between Oct. 1, 1998, and Jan. 28, 2002, Attorney General Drew Edmondson reported Friday. The state's net loss for the same period was more than $10.5 million. Edmondson said that both gross and net loss figures are...
Petro Resources Corporation (OTC: PRCT) announces today that the company has acquired an 18.75% interest in approximately 3,900 gross acres in the Piceance Basin located in Delta County, Colorado. This initial leasehold interest when fully developed could provide in excess of forty well locations. Petro Resources also has...
Question-and-Answer SessionOperator Thank you, sir. Your first question comes from the line of Tim Luke with Lehman Brothers. Q -Tim Luke Thank you very much and congratulations on the numbers. I was wondering if you guys might have been asked to provide just any...
DALLAS -- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer") today announced that it has entered into an agreement to acquire an interest in approximately 44,000 gross acres in the Spraberry field in West Texas for $90 million, before normal closing adjustments. Pioneer will operate the acquired properties with an average 85%...
WESTLAKE VILLAGE, Calif. -- Homestore, Inc. (NASDAQ:HOMS), the leading provider of real estate media and technology solutions, today reported financial results for the second quarter ended June 30, 2004. Total revenue for the second quarter was $56.8 million, compared to $56.1 million in the first quarter of 2004 and $53.9...
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