| TradeKing CEO to Offer Perspective on the Growing Opportunity in ...
BOCA RATON, Fla., Nov. 19 /PRNewswire/ -- TradeKing (www.tradeking.com), a nationally licensed online broker dealer, today announced that its Chairman and CEO Donato Montanaro will be a featured speaker on "The Retail Business" panel during the 23rd Annual Futures and Options Expo taking place November 27-29 in Chicago. Montanaro and the panel participants will discuss the growth of options trading among individual investors and the various approaches brokerage firms are taking to offering options to the retail trader, comparing traditional business models with those of new entrants. He will be joined on his panel by brokerage executives from TD Ameritrade, Merrill Lynch, Optionshouse and OptionsXpress. For more information, visit: http://www.futuresindustry.org/expo-2007.asp.
Roxas Holdings secure P2-B loan from BPI, RCBC
Holding and investment firm Roxas Holdings Inc. said Friday it has secured a P2-billion loan from Bank of the Philippine Islands and Rizal Commercial Banking Corp. for the expansion of its sugar business and construction of an ethanol plant.
Earlier this week, the company also obtained a P4.69-billion loan from Banco de Oro-EPCI Inc. to bankroll the said expansion.
Roxas Holdings said that it was alloting about P6.5 billion for its capital expenditure program until 2009, mainly for increasing the capacity of its sugar milling and refinery arm CADP Group Corp.
It said it planned to buy the equipment of two sugar milling firms in the US and Australia to be installed in its plants.
The company is also putting up a P1.4-billion ethanol fuel plant in Negros Occidental that is slated for commercial operations next year.
More Obama substance!
According to Tamar Jacoby, the recent arrest of 1,300 suspected illegal workers at six Swift & Co. meat processing plants demonstrates the need for 'comprehensive immigration reform.' I don't understand: 1) "Comprehensive" reform is supposed to be a deal in which amnesty for current illegals (and a guest worker program) is coupled with a tougher workplace enforcement program to block future illegals. Sounds good, but the last such "comprehensive" reform--the1986 amnesty--failed miserably when its workplace enforcement program turned out to be ineffective at stopping employers from hiring illegals. The idea behind the current Bush proposal is that this time workplace enforcement will work. But, as the New York Times notes, Swift & Co. in fact particpated in the the federal Basic Pilot program, a system of checking Social Security numbers that President Bush has touted as a way to crack down on immigration fraud.
CONN. REFUGE FOR VET'S PAL
No more roadside bombs, no more screaming wounded, no more rattle of an AK-47 or of a Marine unloading with an M-4. The Iraqi man is safe now, living in the Brookfield, Conn., home of retired Marine Lt. Col. Michael Zacchea, under whom he served as a civilian translator. The two warriors have been bonding since 2004, when Zacchea was given orders to form the 5th Iraqi Motorized Rifle Battalion and chose Abdullah as his main interpreter. The two couldn't have been happier the other day when Abdullah got off the plane in Newark - finally arriving in America. "We hadn't seen each other since Feb. 28, 2005," recalled Zacchea of the date when he shipped out of the war zone. "It was wonderful seeing that look on his face, that look of joy." The two have remained in touch by e-mail over the years since Zacchea returned home and went into the commodities business.
India gold futures fall, may test Rs 11,000
MUMBAI: Gold futures fell on Friday, after having seen a record high earlier this week, as overseas investors sold gold to cover margin calls in stocks and softer crude oil added bearish pressure, analysts said.
"Overall it is in a selling mode again," said an analyst at IL&FS Investsmart Commodities Ltd. "But it may bounce back again after testing its supports."
Another analyst, K N Rahaman, senior analyst at Way 2 Wealth Securities Ltd, said the benchmark February gold on the Multi Commodity Exchange of India Ltd (MCX) could test Rs 11,000 per 10 grams.
"But I am not bearish, slowly it can recover," Rahaman added.
The factors that backed gold's rally -- chances of a rate cut in the US and the growing clout of the commodities asset class -- are likely to continue supporting gold, the analysts said.
Fact Check: Clinton denies driving plagiarism charge against Obama ...
She made the claim Tuesday despite the fact her campaign posted video clips on YouTube illustrating similarities in the speeches and has suggested in several instances that the shared lines amount to plagiarism. THE SPIN: Its not us making this charge, its the media, Clinton told Honolulu television station KITV Tuesday. The media is finally examining my opponent which I think is important. Were trying to pick a president, someone for the toughest job in the world. She added: I think the media is going to be putting forth whatever facts and information it has for voters to assess on their own. In an interview with another Honolulu station, KGMB, Clinton noted that Obama and Patrick share a strategist, David Axelrod, who is apparently putting words in both of their mouths.
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