Word: monday
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...though a child can figure out that the year-over-year numbers are going to surge from a depressed base of a year ago, the fact that some market makers feel it is important must make it important," noted strategist David Rosenberg at wealth manager Gluskin Sheff in a Monday report to clients. Such is the power of market psychology...
...Holder had described the broad outlines of the policy in March, but Monday's announcement represented the official Administration position, laying out the policy in a memorandum from Deputy Attorney General David W. Ogden to U.S. Attorneys...
...collective sigh of relief - or was that the long exhale of bong hits? - no doubt followed Monday's announcement from Attorney General Eric Holder that federal prosecutors will not go after medical-marijuana users who abide by state laws governing the drug's use for legitimate treatment purposes. (See pictures of cannabis culture...
...Central Bank of Sri Lanka said on Monday, three days after his arrest in New York City, that its investigations into Rajaratnam and his donations to the TRO were ongoing. "The Central Bank states that investigations are yet continuing in relation to the funding allegedly provided by Raj Rajaratnam to the TRO," the Bank said in an official statement. Rajaratnam's donations to the TRO had been closely monitored by Sri Lankan authorities, according to Sri Lankan security expert Shanaka Jayasekara, attached to the Centre for Policing, Intelligence and Counter Terrorism at Macquarie University in Sydney, Australia. "He had come...
...Rajaratnam is a major foreign investor in the Colombo bourse individually as well as through Galleon. Rajaratnam has stakes in at least six banks listed in the bourse and in John Keells Holdings, the largest publicly traded company in the $10 billion market. The market fell 1.6% on Monday, the first day of trading after the Rajaratnam arrest. Brokers said the slide was a knee-jerk reaction to the arrest and could be weathered. "Sri Lanka is the flavor of the month and a lot of first-time international investors are coming in," says Murtaza Jafferjee, managing director...