Why you shouldn't hate this bull market: Stock pro
Smith thinks this stock rally has legs, though he's not ready to fully commit to a prediction made Monday on "Squawk Box" by Brian Belski, chief investment strategist at BMO Capital Markets, who said stocks are six years into a 20-year bull market.
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Stock Market Today: Stocks Turn Mixed on Dovish Fed Minutes
NEW YORK (TheStreet) -- News? What news? After a brief rally following the release of the Federal Reserve's October minutes, stocks fell back as investors concluded that the central bank hadn't really signaled anything new about interest rate policy ...
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London, UK (PRWEB UK) 25 November 2014
Old meets new in the banking space as FC Business Intelligence announces its line-up of attending organisations at the Customer Analytics and Insights in Retail Financial Services networking summit. Fifty attendees are already registered to attend coming from a diverse range of companies like Knab Bank, Virgin Money, Swedbank, the Cooperative Bank, Barclays, Raiffeisen Bank, Lloyds and many more.
For news on the line up of attendees, go here http://bit.ly/1zRW450
This year Virgin Money has moved even further in to the retail banking space by offering current accounts (LoveMoney, https://www.lovemoney.com/news/31618/virgin-money-launches-first-current-account). This is certainly not the first of the new financial offerings to enter the market over the past few years.
Two of the UKs biggest retailers have exploded on to the banking scene with M&S Bank and Sainsburys Bank. Metro Bank has started up as the first new high street bank in over 100 years. Newest arrivals Paragon Bank and Axis Bank have also emerged as new contenders to the market.
Across the waters, continental Europe is not being left behind with Netherlands-based Knab Bank and Germany-based Fidor Bank both internet banks standing in the spotlight as new, innovative and trendy.
Competition in banking is fiercer than ever moving in to 2015. The battle to reduce churn and focus on new onboarding strategies has led financial services in an epic race to the bottom.
In a recent survey 77% agreed that their organisation has changed significantly over the past 5 years to accommodate for improved data and analytics functionality (FC Business Intelligence, http://www.customer-analytics-in-finance.com/media-centre.php).
Meeting this rivalry face on, the Customer Analytics and Insights in Retail Financial Services networking event (http://www.customer-analytics-in-finance.com/index.php) puts this changing banking scene under the microscope. It analyses the nuts and bolts underpinning the successes being made using data and analytics to better corroborate marketing and digital platforms.
UK Supermarket giants, Tesco Bank has also not been shy to claim its territory in this space since its arrival over 7 years ago. Earlier this year, John Halpin, Head of Customer Analytics joined the inaugural event where he sat amongst a variety of players including AIB Bank, BNP Paribas, Royal Bank of Scotland and Santander. He commented that he saw awide variety of topics and debate [and] new useful insights at the show.
The question must be raised, what can new banks do that old ones cant? The event will bring together new financial players to speak about their emergence on to the scene and will look at what traditional players are doing to counter their challengers.
About FC Business Intelligence
FC Business Intelligence has been around for over 20 years and provides news, reports and events services across 30+ industry verticals. Our Financial Services Analytics department has now run several different events including a US and UK version Banking and Insurance Analytics events which have been extremely well received across the banking sector.
Brittany Marshall, Head of Marketing, Financial Services Division, FC Business Intelligence
W: http://www.customer-analytics-in-finance.com | T: +44 (0) 207 422 4369 | E: bmarshall(at)fc-bi(dot)com
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Do Falling Oil Prices Signal Bearish Stock Market?
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Stock Market's Recovery Is Led by Drugmakers
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As Stryker Hip Lawsuits Settle, Bernstein Liebhard LLP Notes Release of National Joint Replacement Registrys Inaugural Annual Report
New York, New York (PRWEB) November 13, 2014
In light of a recently-announced agreement to settle thousand of Stryker hip lawsuits (http://www.consumerinjurylawyers.com/stryker-rejuvenate/stryker-hip-lawsuits/) involving the 2012 recall of Rejuvenate and ABG II Modular-Neck Hip Stems, Bernstein Liebhard LLP notes the release of the inaugural Annual Report from the newly-launched American National Joint Registry. The report, which was released on November 6th by the American Academy of Orthopaedic Surgeons, includes data on roughly 43,000 hip and knee replacement surgeries performed at 120 U.S. hospitals in 2013, and reflects about 4.5% of such procedures performed annually. For now, the information collected by the registry includes data on gender, the age of patients, revision surgeries, and use of diagnostic codes. In the future, the registry will begin collecting information on post-operative complications and other more complex data.*
Our Firm is representing numerous individuals who were allegedly harmed by Strykers now-recalled Rejuvenate and ABG II hip stems. The information collected by this new registry may be useful in detecting the types of problems that result from artificial hips, says Bernstein Liebhard LLP, a nationwide law firm representing the victims of defective drugs and medical devices.
Stryker Hip Settlement
The Stryker hip recall was announced in July 2012, after the Rejuvenate and ABG II hip stems were found to be vulnerable to fretting and corrosion at the modular-neck junction. According to Stryker, this may place recipients of the implants at risk for adverse local tissue reactions, pain and swelling. The company has recommended that all patients fitted with one of these devices undergo medical testing and imaging screening to ensure their device is performing as intended, even if they have not experienced any symptoms that would suggest otherwise.**
Since the recall was issued, thousands of Stryker hip lawsuits have been filed in state and federal courts on behalf of individuals who were allegedly harmed by the metal hip components. On November 3, 2014, the Stryker hip settlement program was announced in New Jerseys Bergen County Superior Court, where more than 2,100 claims involving the Rejuvenate and ABG II components are currently pending. (In Re Stryker Rejuvenate Hip Stem and the ABG II Modular Hip Stem Litigation, No. 296) The settlement could resolve those cases, as well as nearly 2,000 others that have been filed in a federal multidistrict litigation now underway in U.S. District Court, District of Minnesota. (In re: Stryker Rejuvenate and ABG II Hip Implant Products Liability Litigation, No. 244)
According to court documents, the global settlement program provides for gross base awards of $ 300,000 per failed implant, with potential deductions and enhancements based on the particulars of each case, including additional compensation for claimants who suffered complications during revision surgery and for other damages, including future surgeries caused by complications. The settlement also provides compensation for individuals who need a revision but are medically unable to undergo the surgery. Claimants may begin receiving their awards by the summer of 2015.
There is no overall cap or fixed fund for Strykers liability under this settlement program. According to the Associated Press, Stryker has disclosed that it will pay at least $ 1.43 billion to fulfill the terms of the agreement.***
To learn more about Bernstein Liebhard LLP and its involvement in the Stryker hip recall litigation, please visit the Firms website. To arrange for a free case review, please call 800-511-5092.
*modernhealthcare.com/article/20141107/NEWS/141109960/first-data-flows-from-national-registry-tracking-joint-replacements, Modern Health Care, November 7, 2014
***abcnews.go.com/Business/wireStory/stryker-pay-143b-settle-hip-implant-cases-26664666, Associated Press, November 3, 2014
About Bernstein Liebhard LLP
Bernstein Liebhard LLP is a New York-based law firm exclusively representing injured persons in complex individual and class action lawsuits nationwide since 1993. As a national law firm, Bernstein Liebhard LLP possesses all of the legal and financial resources required to successfully challenge billion dollar pharmaceutical and medical device companies. As a result, our attorneys and legal staff have been able to recover more than $ 3 billion on behalf of our clients. The Firm has been named by The National Law Journal to the Plaintiffs Hot List, recognizing the top plaintiffs firms in the country, for the past 12 consecutive years. Bernstein Liebhard LLP is the only firm in the country to be named to this prestigious list every year since it was first published in 2003.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
London, UK (PRWEB UK) 12 November 2014
Outbound travellers from the UK will enjoy cheaper travel expenses due to the weakening Euro, compared to many foreign currencies.
Financial Times on 6th Thursday reported, The Euro has turned around from a day-long rally to fall to a two-year low after the European Central Bank sent a clear signal that it is prepared to undertake more stimulus.
That is a Euro 44 extra bonus, which is good news for UK travellers shopping in Europe this Christmas, stated Senior Manager Trevor Samuel of BestForeignExchange.com.
It is estimated that over 3 million people will travel during this Christmas and New Year period. If they buy their travel money in advance, they will benefit from the weakening Euro and will receive more value when travelling to the continent.
BestForeignExchange.com, the online arm of Thomas Exchange Global Ltd, has found that a lot of its customers are seeing this benefit when they exchange British pounds into Euro. In addition to Euro, the currencies pegged to Euro such as Croatian Kuna, Czech Koruna, Romanian New Leu, Bulgarian Lev and Serbian Dinar, are expected to depreciate. However, these attractive exchange rates are not offered to customers in some instances, especially at airports and when using bank cards where charges are applicable.
My advice is to buy currencies in advance avoiding poor rates at airports and reap the benefit of the upward trend in the market, concluded Samuel.
About Best Foreign Exchange.com
Owned and operated by Thomas Exchange Global, BestForeignExchange.com offers the most competitive exchange rates in London and customers that reserve currencies online will be assured the same exchange rate until close of business on the particular day despite any adverse fluctuations. They stock the widest range of foreign currencies in London with over 120 types of foreign bank notes. All foreign currency buy/sell transactions are free of any commission or charges.
Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over
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Big Slump Is No Cause to Ditch Stock Market
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Stock market looks like 'a sucker trade': Trader
The U.S. stock market increasingly looks like the best house on a worsening global block, but it's far from a no-brainer, RiskReversal.com's Dan Nathan said Monday. "Yeah, it's still the best, but I think it's a sucker trade, to be very frank with you ...
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NEW YORK, NY (PRWEB) October 20, 2014
Washington, DC (PRWEB) October 31, 2014
To accommodate growth, the World Resources Institute (WRI), a global research organization, has signed a lease to extend and expand at 10 G Street, NE, in Washington, DCs, NoMa submarket. Savills Studley, the leading global commercial real estate firm specializing in tenant representation, advised the organization in the 65,609 square foot lease restructure.
Weve grown rapidly in recent years and needed more space. We considered moving but decided that renovating and expanding in the same building we have been in since the 1990s was the best solution for us to accommodate more staff and better meet our mission, said Steve Barker, WRI Chief Financial and Administrative Officer. Sustainability is central to our mission and this is reflected in our offices. We hope our space and practices will serve as a model for others who are concerned about the future of the planet.
The World Resources Institute currently occupies the 8th floor and a portion of the 7th floor. The organizations Washington office will expand by approximately 14,000 square feet to fully occupy both floors once the renovations are completed.
According to Savills Studley Executive Vice President Tom Fulcher, who advised WRI and negotiated the transaction on WRIs behalf, the team considered a number of possibilities, including relocation, to accommodate WRIs growth and long-term goals. After evaluating all the alternatives, including several relocation options, expanding at 10 G Street NE was really the best decision for WRI. Not only will they enjoy additional space on the 7th floor, but they have the flexibility to expand again as they continue to grow. Being in close proximity to Union Station with access to multiple forms of transportation is also a real advantage for their organization.
The Savills Studley team included Executive Vice Presidents Tom Fulcher and Art Greenberg. Senior Managing Director Steve Tassi is serving as Project Manager for the expansion and renovation construction.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firms comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 25 offices in the U.S. and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 27,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit http://www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.
About World Resources Institute
WRI is a global research organization that spans more than 50 countries, with offices in the Brazil, China, India, Indonesia, the United States and more. WRIs more than 450 experts and staff work to turn big ideas into action to sustain the natural resources that are the foundation of economic opportunity and human well-being. WRIs work focuses on six critical issues at the intersection of environment and development: climate, energy, food, forests, water, and cities and transport.
For more information, visit http://www.wri.org and follow us on Twitter @WorldResources
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