Wednesday, 5 December 2012

Halted Issue

A temporary stoppage of trading of the listed securities of an issuer, whichmay be imposed by the Exchange, its agent (Market Regulation Services Inc. (RS)), or voluntarily requested by the issuer. Usually an issuer's listed securities are halted pending a public announcement of material information about the issuer,but the Exchange or RS mayalso impose a halt if the issuer is not in compliance with Exchange requirementsor if the Exchange determines that it is in the public interest to do so.

Tuesday, 4 December 2012

list of banks in italy

1 Banca delle Marche Italy www.bancamarche.it
2 Banca di Credito di Trieste Italy www.nbctkb.it
3 Banca di Roma Italy www.bancaroma.it
4 Banca Nazionale del Lavoro S.p.A. Italy www.bnl.it
5 Banca Passadore e C. S.p.A Italy www.passbanca.it
6 Banca Popolare dell'Etruria e del Lazio Italy www.bpel.it
7 Banca Popolare di Bergamo Italy www.bpb.it
8 Capitalia Banking Group Italy www.capitalia.it
9 Intesa Sanpaolo Italy www.intesasanpaolo.com
10 La Banca Commerciale Italiana Italy www.bci.it
11 UniCredit Group Italy www.unicreditgroup.eu
12 Banca Carime Italy www.carime.it
13 Banca d'Italia Italy www.bancaditalia.it1 Banca delle Marche Italy www.bancamarche.it
2 Banca di Credito di Trieste Italy www.nbctkb.it
3 Banca di Roma Italy www.bancaroma.it
4 Banca Nazionale del Lavoro S.p.A. Italy www.bnl.it
5 Banca Passadore e C. S.p.A Italy www.passbanca.it
6 Banca Popolare dell'Etruria e del Lazio Italy www.bpel.it
7 Banca Popolare di Bergamo Italy www.bpb.it
8 Capitalia Banking Group Italy www.capitalia.it
9 Intesa Sanpaolo Italy www.intesasanpaolo.com
10 La Banca Commerciale Italiana Italy www.bci.it
11 UniCredit Group Italy www.unicreditgroup.eu
12 Banca Carime Italy www.carime.it
13 Banca d'Italia Italy www.bancaditalia.it

list of Banks in Ghana

Access Bank (Ghana) Limited 233 (302) 784 143, 781 761
Adepa Microfinance Limited 0202027999
Adepa Money Lending Company Limited 0202027999
Agricultural Development Bank Tel.: 0302 770403, 762104, 783122, 784394
ARB Apex Bank 233 0302 -771738, 772129,772034
Bank of Africa (+233) 302 249679
Bank of Baroda (Ghana) Ltd. + 233-302 248460 / 250072
Bank Of Ghana +233-30-2666174 - 6+233-30-2666361 - 5+233-30-2666902 - 8+233-30-2666921 - 5
Barclays Bank Ghana +233(0)30-2664901
CAL Bank 233(0)30-2680061-69, 233(0)30-2680079
Citibank N.A. Ghana Rep.Office 233 302 672593-4
Consignments Cargoes Management Insurance Company +233 27 889 9881
CTSS CONSULT LTD 022401338
Ecobank Ghana Ltd +233(0)30-2680437 /+233(0)30-2681167/8
Energy Bank (Ghana) Ltd +233-302 234033-4 /+234308-9/234336
Fidelity Bank +233(0)30-2214490
First Atlantic Bank +233(0)30-2682203-4,+233(0)30-2679248
Ghana Commercial Bank Ltd +233(0)30-2664914-7,+233(0)30-2672852-4,+233(0)30-2672859-65
Ghana International Bank Plc +44-20-7248 2384
Guaranty Trust Bank (Ghana) Limited ((+233 0302) 676474,676681,677144,677704
HFC Bank +233(0)30-2664214
Intercontinental Bank Ghana +233(0)30-2673300,+233(0)30-2663356,+233(0)30-2666036,+233(0)30-2661630,+233(0)30-2661638
International Commercial Bank Ltd +233(0)302-236136,+233(0)302-235810,+233(0)302-236133,+233(0)289-557324,+233(0)263-011329
Merchant Bank (Ghana) Limited +233(0)30-2666331-6
National Investment Bank Ltd +233(0)30-2661701-16
ProCredit Savings and Loans Company Limited +233(0)30-2246 860/61/62
Prudential Bank Ltd +233(0)30-2781201-7
Sahel-Sahara Bank +233(0)30-2222394 /+233(0)30-2222923 /+233(0)30-2242861
SG-SSB Ltd +233(0)30-2221726,+233(0)30-2223375,+233(0)30-2221743
Stanbic Bank Ghana Ltd. +233(0)30-2787191-5
Standard Chartered Ghana +233(0)30-2664591
The Trust Bank +233(0)30-2240049-52,+233(0)30-2230403,+233(0)30-2230416,+233(0)30-2246655
The Trust Bank Ltd +233(0)30-2221726
Unibank Ghana Ltd +233(0)30-2253696-9
United Bank for Africa (Ghana) Ltd +233(0)30-2683526-30,+233(0)30-2689509-12
Universal co-operative credit union 233-201411188
UT Bank Limited +233(0)30-2783268/9
Vision World InvestmentLimited 0243764905
Zenith Bank (Ghana) Limited +233(0)30-2660075,+233(0)30-2660079,+233(0)30-2660091,+233(0)30-2660093,+233(0)30-2660095

Monday, 3 December 2012

Australia central bank cuts cash rate 25 bps to 3.0 pct, to a record lows

Australia's central bank cut interest rates a quarterpoint to a record-matching low on Tuesday,stepping up efforts to safeguard the rich world'smost resilient economy from the risk of recession as a mining boom peaks.
The Reserve Bank of Australia (RBA) cut its main cash rate to 3.0 percent following its monthly policy meeting, bringing the easing since May to 125 basis points and matching the trough hit during the darkest days of the global financial crisis.
"While the full effects of earlier measures are yet tobe observed, the Board judged at today's meetingthat a further easing in thestance of monetary policy was appropriate now," said the central bank's governor, Glenn Stevens.
"Looking ahead, recent data confirm that the peakin resource investment is approaching. As it does, there will be more scope for some other areas of demand to strengthen."
Financial markets were almost fully priced for an easing given signs the seven-year old bonanza inmining investment is finally likely to crest next year, leaving a hole in growth that needs to be plugged by other sectors of the economy.
The move was so well discounted the local dollar actually firmed a quarter of a cent to$1.0445 on the news.
Yet, investors are still wagering official rates will have to go lower yet to truly stimulate demand among cautious consumers and a lacklustre housing market.
Interbank futures suggestthe central bank rate could approach 2.5 percent by the middle of next year, while some economists think a floor of2 percent is not impossible.
"I think the RBA realises itneeds to do more to boostthe non-mining parts of the economy," said Shane Oliver, chief economist at AMP Capital Investors in Sydney.
"What it doesn't do is to offer much guidance as tothe future, but my feelingis they still have to cut further. They will probably do 25 (bps cut) in February and then 25 in April."
One reason for that is the stubborn strength of the Australian dollar.
In the global financial crisis, the currency tumbled by 30 U.S. cents, giving a big boost to exports. This time foreign demand for Australia's triple-A rated debt has helped it stay solidly above parity.
China has also played a part by accepting more moderate growth at homeand thus restraining demand for Australia's commodity exports, leading top miners such as Rio Tinto and BHP Billiton to announce a slowdown in future expansion plans and job cuts.
The Asian giant is Australia's biggest trade market and the single largest buyer of iron ore.
It helped Australia avoid recession during the global crisis by unveiling a 4 trillion yuan ($635 billion) stimulus package that led to a wave of infrastructure development and demand for resources.
Australia's mining investment in the year to June 2013 is expected to total A$109 billion, or nearly 8 percent of GDP, way above the long-run average of 2 percent.
CONSUMER CAUTION, FISCAL TIGHTENING
Even after Tuesday's cut, Australian rates are still among the highest in the developed world.
With rates near zero in theUnited States, Japan and Britain, those countries have taken ever more exotic stimulus steps including buying massive amounts of government debt.
And, as yet, lower rates have had only a limited impact on consumers, withretail sales disappointinglyflat in October and demand growth for creditthe lowest in decades.
The housing market has also been less than stellar.The Statistics Bureau on Tuesday reported approvals to build new homes slid 7.6 percent in October, so reversing much of September's hefty 9.5 percent increase.
The impact of lower export prices was clear in Australia's trade deficit, which more than doubledin the third quarter. As a result, the current accountdeficit widened by a fifth to A$14.9 billion ($15.5 billion), according to figures from the AustralianBureau of Statistics.
Fortunately, export volumes managed to outpace imports and so add 0.1 percentage point to economic growth in thequarter.
However, that was more than offset by governmentpenny-pinching as the ruling Labor Party struggles to return the budget to surplus in 2013, years before most other rich nations.
Data out Tuesday showed government spending fellby 2.0 percent in the third quarter, largely due to a big drop in defence investment. That was a steeper fall than many analysts had expected and could take around half a percentage point from economic growth in the quarter.
It was no surprise then that Treasurer Wayne Swan warmly welcomed the RBA's largesse.

Face Value

The cash denomination of the individual debt instrument. It is the amount of money that the holder of a debt instrument receives back from the issuer on the debt instrument's maturity date. Face value is also referred to as par value or principal.

Filing Statement

A disclosure document submitted by a listed company to outline material changes in its affairs. Filing statements are not used for the purposes of a financing.

Floating Rate Security

A security whose interest rate or dividend changes with specified market indicators. A floating rate is one that is based on an administered rate, such as a prime rate.

Flow-Through Shares Financing

The dollar value of flow-through shares issued in accordance with a TSX or TSX Venture Exchange approved transaction. The price is determined by the policies of the TSX CompanyManual or TSX Venture Corporate Finance Manual; the price is not adjusted for the value of the flow-through tax benefit available to the security holder. It can be an initial public offering (IPO), secondary offering, or private placement.

Freeze

An interruption in trading on a stock, triggered when an order violates parametersset by TSX.

Frequency

Frequency refers to the given time period on an intraday, daily, weekly, monthly, quarterly or yearlyperspective. Typically, choosing a weekly or monthly perspective when looking at several years of data makes it easier to identify long-term trends. Daily charts are useful for active traders and short-term time period charts.
The "Daily", "1-Minute","5-Minute", "15-Minute" and "Hourly" frequency areused for intraday charts andthe remaining choices are applicable to end-of-day charts. This term refers to a TSX Group Historical Performance charting feature.