Börsipäev 4. aprill

Guardian.co.uk veebilehel on huvitav artikkel sellest, kuidas USA pank Wachovia, mis nüüd kuulub Wells Fargole, mängis märkimisväärset rolli suurte Mehhiko narkokartellide rahapesus. Väidetavalt juba 2004. aastal alguse saanud loos aitas pank $378,4 miljardi suuruse summa toimetada Mehhiko valuutavahetuspunktidesse. Süüdistus panga vastu esitati, kuid asi ei jõudnud kunagi kohtusse ning 2010. aastal saavutas pank valitsusega kokkuleppe.
Täpsustaks üldsuse huvides SEC rule 201-te:

Rule 201 includes the following features:

Short Sale-Related Circuit Breaker: The circuit breaker would be triggered for a security any day in which the price declines by 10 percent or more from the prior day's closing price.

Duration of Price Test Restriction: Once the circuit breaker has been triggered, the alternative uptick rule would apply to short sale orders in that security for the remainder of the day as well as the following day.

Securities Covered by Price Test Restriction: The rule generally applies to all equity securities that are listed on a national securities exchange, whether traded on an exchange or in the over-the-counter market.

Implementation: The rule requires trading centers to establish, maintain, and enforce written policies and procedures that are reasonably designed to prevent the execution or display of a prohibited short sale.

Kui hind on langenud päevaiseselt rohkem kui 10% aktiveeritakse circuit breaker, ehk lühikeseks müügi ordereid ei saadeta turule enne, kui keegi on ostnud askist.

Bloomberg TV running a headline saying the Treasury Department projects debt ceiling will be reached on May 16, 2011
Mis siis juhtub kui kuupäev käes on? Suure plärtsuga langeb tiiki järgmine black swan, seekord nimega fiscally frugal? Vot kui USA üleöö kärpima otsustab asuda, siis oleks see luik igati must ja ootamatu.
Saksamaa ja Portugali 10-aastase võlakirja tulususte erinevused on teinud täna juba uue kõikide aegade rekordi 522 baaspunkti juures.
USA rahandusminister Timothy Geithner kirjutas kongressi liikmetele saadetud kirjas, et USA valitsus jõuab oma seadusega ettenähtud võlalimiidini - $14,29 triljonit - hiljemalt 16. maiks, kutsudes seaduseloojaid ühtlasi võlaliimiti kergitama.
“The longer Congress fails to act, the more we risk that investors here and around the world will lose confidence in our ability to meet our commitments and our obligations,” Geithner said in a letter to Senate Majority Leader Harry Reid and other members of Congress.

Congress needs to raise the limit to maintain vital services and avoid “questions about our ability to defend our national security interests,” Geithner said. The U.S. would face sharply higher interest rates and would have to stop or delay payments to the military, retirees and others, he said.

“Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover,” Geithner said. “For these reasons, default by the United States is unthinkable.”
National Semi to be acquired by Texas Instryuments (TXN) for $25 per share in an all-cash transaction of about $6.5 billion
TXN võtab NSM üle hinnaga $25 aktsia eest. NSM sulgus $14,07 peal.
Kuna täna on DGW-st mitmes foorumiteemas juba juttu olnud,siis vahetult peale turu sulgumist tuli uudis, et firma CFO lahkub ettevõttest ja aktsia kaupleb järelturul $3,65 kandis.

Duoyuan Global Water announced a pending executive management transition. Chief Financial Officer, Stephen C. Park, announced his intention to leave the Company to pursue another professional opportunity. In order to assist with the transition, Mr. Park intends to remain with Duoyuan until the completion of the third party review or June 30, 2011, whichever is earlier. The Company is in the process of engaging a professional international search firm to assist in appointing a successor. Mr. Wenhua Guo, the Co's Chairman and Chief Executive Officer, stated, "Steve's expertise and leadership during the IPO and subsequent public company reporting periods has been invaluable to us. We are actively initiating the new hire recruitment process, and some of the key qualities we seek include knowledge of the U.S. capital markets, a strong accounting background and experience in communicating with a diversified shareholder base".