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FOREX BROKERAGE

WRAPUP 2Russia stocks tumble as oil falls rouble at 2yr low Reuters via Yahoo Malaysia News TradeStation Group Reports EPS of 020 and Record Revenues in Third MSN MoneyCentral

Fri, 24 Oct 2008 22:22:29 +0000
The rouble slid a further kopecks to . rouble per dollar touching a two year low as the U.S. currency rallied on global markets. The rouble s slump continued despite interventions from the central bank which spent a total of billion on supporting the currency this week including . billion on Friday a Reuters poll of forex dealers showed. What we see is a huge liquidation. Liquidation of positions with big leverage of those clients who used shares as collateral said Timur Nasardinov from Troika Dialog. There is a global liquidation. But our Russian liquidity situation is much worse he said. Russia s benchmark RTS index fell . percent and the more liquid MICEX bourse fell . percent before both were suspended by the regulator until Tuesday. Investors regularly complain about Russia s erratic trading hours and a drift in trading volumes to London where most of Russia s more liquid shares are traded. The Russian index for London listed shares closed down . percent. It will most likely be a bad day in the U.S. today and on Monday in Asia. So the exchange will be shut on Monday said Maxim Gulevich from UBS. Nasardinov said the suspension will only cause further damage. The situation with liquidity will be even worse there will be sales abroad and no purchases here . The state has pledged to start buying depressed stocks of state firms this or next week although traders say state money may already have been used to buy shares. On Thursday Standard Poor s lowered its outlook for Russia to negative warning of the costs of bailing out troubled banks at a time when Russian spends billions of dollars per day to support the currency. ID nLN Gold and foreign exchange reserves fell by billion last week to . billion. They were as high as billion at the beginning of August but the central bank says it could spend more to prevent panic spreading to the streets. MARGIN CALLS GROW The cost of insuring Russia s sovereign debt against restructuring or default hit record highs this week with the debt now classified as distressed. It is clear what must happen to shares when Russian CDS are at points. The roots of all this are in the credit market said Nasardinov. Russia s benchmark year Eurobond spreads to U.S. five year treasuries hit a record bps . Rating agencies see Russia s reserves as a key factor behind the country s investment grade debt rating. In individual company news market participants noticed the number of margin calls warnings was growing. Russian companies borrowed aggressively in recent years to fuel growth at home and abroad and used shares as collateral. As markets around the world tumble bank lenders ask them to commit more assets or cash or redeem loans immediately. On Thursday Russian aluminium company RUSAL said it had managed to persuade billionaire Mikhail Prokhorov to allow it to defer a million tranche for the purchase of his stake in mining giant Norilsk Nickel as RUSAL could not meet the Friday deadline. The telecoms arm of Russia s Alfa Group said on Friday it had no plans to sell its stake in Russia s No. mobile phone firm Vimpelcom after a newspaper reported that Deutsche Bank could impose a margin call on a loan to Alfa Group. The snowball is growing. Until they close out all the owners who put up their shareholdings as collateral on loans this is going to continue said Eduard Lebedev head of trading at Kapital brokerage. On the currency front the central bank continued to fight against what it perceives as an attack on the rouble as it defends a . level versus the dollar euro basket. The regulator set a billion rouble limit on currency swaps on Friday down from billion on Monday in a bid to further deter speculators betting on the rouble devaluation. People are virtually cut off from shorting the rouble now. I think in the short term they have a good chance to stop the panic. They will defend . for a while said a high level executive from a Western bank. Email Story IM Story Printable View Blog This Recommend this article Average votes Sign in to recommend this article Most Recommended Stories Related Articles Business Apple Inc. comes out against gay marriage ban AP minutes ago State closes failed suburban Atlanta bank AP hour minutes ago Finance crisis inflicts more pain as recession fears grow AFP hours minutes ago Wall St Week Ahead For stocks October can t end soon enough Reuters hours minutes ago Star Ledger cuts newsroom staff by nearly half AP Saturday October Most Popular Business Viewed Finance crisis inflicts more pain as recession fears grow McCain says Democrats will tax and spend Iceland asks IMF for funds to stem banking crisis OPEC slashes oil output triggering Western backlash Stock markets in free fall on gathering global gloom View Complete List Search Home Malaysia Asia Pacific World Business Entertainment Sports Technology U.K. Europe Asia Markets News Hot Stocks Economy Bonds News Advances Declines Most Actives Indices Calendars Deals Industries Industry Summits Stocks Currencies Commodities Options Portfolio News leftrail BEGIN Section NZ dollar trims losses vs USD after RBNZ cuts rates Wed Oct pm EDT Email Print Share Reprints Single Page Text NEW YORK Oct Reuters The New Zealand dollar trimmed losses against the U.S. dollar on Wednesday after the Reserve Bank of New Zealand slashed interest rates by a record full percentage point. The NZ dollar rose to US . from US . before the RBNZ rate decision. The currency however was still weaker on the day falling . percent from late Tuesday. The New Zealand dollar had fallen significantly into the rate decision and the basis point cut was fully priced in said Kathy Lien director of currency research at GFT Forex in New York. The currency also got a short term bounce from hopes lower rates would help ease pressure on New Zealand s export sector though she said the kiwi dollar would likely come under renewed pressure in the coming weeks as markets brace for the possibility of more cuts. The cut the third since July was the biggest since the official cash rate was instituted in early . In a statement the RBNZ said tight credit conditions and market turmoil called for sharply lower rates. For details see ID nWEL Reporting by Gertrude Chavez Dreyfuss and Steven C. 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ALCOHOL DETOX

Yankees Joba Chamberlain Apologizes for DUI Arrest Update2 Bloomberg Police Jobaaposs bloodalcohol nearly twice legal limit Newsday

Tue, 21 Oct 2008 11:34:34 +0000
Tampa FL October PR.com Novus Medical Detox Facility of Pasco County Florida presented a program on the methodology of successful medical detox from drugs and alcohol at the International Center for the Study of Psychiatry and Psychology ICSPP a group that is composed of psychiatrists psychologists social workers and other interested parties. ICSPP members strongly disagree with the medical model vigorously advocated by the drug companies and many in the medical community for the treatment of depression and troubled children. Prescription drug addiction is a big problem. said Novus Medical Detox Director Steven L. Hayes. Increasingly we see psychiatric drug involvement either as the substance of current addiction or as gateway drug leading to subsequent abuse of other pharmaceutical products. We appreciate ICSPP s efforts to address this common patient outcome and appreciate even more all that it is doing to prevent the problem at its source. Speakers at the conference included Dr. Peter Breggin founder of ICSSP Robert Whitaker author of Mad In America and Dr. Toby Tyler Watson who presented an extensive review of the medical literature discussing psychoactive drugs. Dr. Watson made clear that the actual data behind psychiatric pharmacology is not what the media or public relations departments of pharmaceutical companies would have you believe. His talk included the following data In the National Institutes of Health reported there are no data to indicate that ADHD is due to brain malfunction. And the same can be said for most psychiatric disorders including disabling diseases such as schizophrenia. The strong clear and direct causal relationship implied by the concept of a gene for does not exist for psychiatric disorders. Although we may wish it to be true we do not have and are not likely to ever discover genes for psychiatric illness. Kendler K. S. American Journal of Psychiatry Absolutely No pathophysiological evidence for any so called mental illness. Dr. Andreasen Brave New Brain Neuroscientists at Open University in the United Kingdom concluded that HT serotonin levels in clinically depressed psychiatric patients do not differ from the nursing staff members. Rose The Future of the Brain The Promise and Perils of Tomorrow s Neuroscience We have been lying to everyone for years concerning the chemical imbalance model. Wirshing Lecture entitled The schizophrenic patient profiles diagnosis and treatment presented at Loma Linda University Loma Linda CA For those who were not fortunate enough to avoid the trap of prescription drugs there is medical drug detox. While many medical detox programs take place in a hospital Novus Medical Detox Center specializes in handling drug dependencies in a private setting that is stress free comfortable and safe. The facility set on . wooded acres minutes north of Tampa FL offers private rooms TV DVDs and high speed internet access. Novus provides detox services for people wishing to withdraw from drugs including opiate detox heroin detox psychotropic detox alcohol detox benzodiazepine detox and prescription drug detox. They can be reached at . Contact Information Novus Medical Detox Center Steve Hayes www.novusdetox.com Click here to view the list of recent Press Releases from Novus Detox Promote Your Business Affiliate Program Link To Us Email this page to a friend Contact Us About Us Terms of Use Help

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LASER ENGRAVING

Medisave USA Now Offers Laser Engraving Across its Full Range of 3M Littmann Stethoscopes PRWeb via Yahoo News Shirley You Must Be Cycling Worcester Business Journal

Sun, 19 Oct 2008 09:41:57 +0000
Business World Entertainment Sports Tech Politics Elections Science Health Most Popular Business Video U.S. Economy Stock Markets Earnings Opinion Personal Finance Press Releases Medisave USA Now Offers Laser Engraving Across its Full Range of M Littmann Stethoscopes Buzz Up Send Email IM Share Digg Facebook Newsvine del.icio.us Reddit StumbleUpon Technorati Yahoo Bookmarks Print ThuOct amET Related Quotes Symbol Price Change DJI . . GSPC . . IXIC . . Medisave USA with new offices in Stratford Conn. today announced it will offer a full range of medical equipment and stethoscopes to doctors medical students and other medical professionals online. Stratford Conn. PRWEB October Medisave USA with new offices in Stratford Conn. today announced it will offer a full range of medical equipment and stethoscopes to doctors medical students and other medical professionals online. As we head into the fall season and the school year our stethoscopes are a great option for new and returning medical students said Graham Wright of Medisave USA. We offer quality products at low prices which should be attractive to all of our customers. Medisave carries the full line of M Littmann stethoscopes including the Cardiology III Classic II SE and the latest electronic stethoscopes . They also carry Welch Allyn diagnostic kits such as otoscopes and ophthalmoscopes. Medisave also now offers in house laser engraving facilities allowing customers to personalize stethoscopes and other medical equipment with name engravings and medical facility details. This works very well as a security mark for expensive medical equipment that is often misplaced in fast paced medical conditions. The in house laser engraving means that customers will not face delays with their orders. In fact Medisave maintains a late p.m. EST cut off time for same day dispatch for all orders regardless of engraving requests. Medisave has live shipping integration with USPS UPS and FEDEX to give customers maximum selection and value when choosing their shipping method. Medisave new business locations are chosen due to their close vicinity with Fedex and UPS which allows for later carrier pickup times. Medisave recently built its own video studio with green blue chromakey facilities to produce video demonstrations of products the company distributes. The chromakey facility was purchased for less than and so far in house videos have been produced and samples are available online . They range from a basic overview of the Littmann stethoscope range to how to use a stethoscope. Medisave carries a full range of spares including everything from spare rim assemblies for a stethoscope to ear tips or bulbs for otoscopes and ophthalmoscopes. Medisave.net also makes it easy to find the products customers are looking for. Customers can click on the actual product they own and then see visual representations of the parts under related products making selection and purchase pain free. Medisave prides itself regarding its outstanding support of all its product offerings. Contact Graham Wright Long Beach Boulevard Stratford CT gwright medisave.net Medisave USA Graham Wright E mail Information Trackback URL http prweb.com pingpr.php Q Jhcy NYWduLVpldGEtU VtbS IYWxmLVNpbmctWmVybw Recommend Buzz Up Send Email IM Share Digg Facebook Newsvine del.icio.us Reddit StumbleUpon Technorati Yahoo Bookmarks Print More. Video Bush to host global economic summit Reuters Video Bargains for shoppers CNN Video Google Phone on the Scene ABC News Most Viewed Business Worries grow as GM Chrysler talks gain momentum AP Report NBC Universal plans million in cuts AP GM Chrysler pushing for rapid deal report Reuters Some investors grow leery of stocks in grim market AP Harley Davidson Slips on Subprime Consumers BusinessWeek Online All Most Viewed Most Blogged Business Top Wall Street bankers to receive bn pay deals guardian.co.uk home guardian.co.uk Fri Oct pm EDT Blogs About This Story Prev Next FRIENDS OF THE BAND NY Post Fri Oct am EDT Blogs About This Story Prev Next A.I.G. Agrees to Let New York Review the Propriety of Its Pay Packages New York Times Thu Oct pm EDT Blogs About This Story Prev Next Elsewhere on the Web ABC News More Merger Buzz for Chrysler and GM FOXBusiness Oil Discovery Could Put Cuba In Big League Time.com Nobel Laureate How to Get Out of the Financial Crisis Alerts Get an alert when there are new stories about Contact medical students Medisave Welch Allyn Littmann stethoscope Add Selected Alerts View More Alerts Also on Yahoo News Today in History Obituaries Corrections News by Region Yahoo Directory Yahoo News amp Media Sites Daily Features All Comics Opinions Editorials Diverse views on news from the right left and center. All Opinion Photo Highlight Photo Highlight Slideshow A bee walks across the face of a sunflower in Bainbridge Twp. Ohio. on Oct. . AP Amy Sancetta More Photos and Slideshow Advertisements Yahoo News Search All News Search Type All News Yahoo News Only News Photos Video Audio NewsSearch Advanced Top Stories Colin Powell endorses Barack Obama for president Abducted year old boy found alive in Las Vegas Red Sox force Game in ALCS by topping Rays Taliban kill around people after stopping bus Bush will host world leaders at economic summit Stevens judged by juries in trial and election Some investors grow leery of stocks in grim market More Top Stories Featured The Week in Photos From giant pumpkins to Wall Street minstrels see some of the best photos of the week. Fantasy Holiday Gifts Neiman Marcus releases their extravagant Christmas Book. View photos on Yahoo News. 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TIN is a comprehensive source of new and timely product information in the industrial marketplace. TIN supplies new product information to the web sites e marketplaces and print publications that serve the industrial marketplace. For press release submissions please go to http news.thomasnet.com submitpr.html . BY ACCESSING BROWSING AND OR USING THIS WEB SITE AND OR ANY WEB SITES PROVIDED BY ProductNews.com YOU AGREE TO BE BOUND BY THE TERMS OF USE AGREEMENT . Copyright Thomas Publishing Company Terms of Use Privacy Policy . Such is the case with Hot Tubes a two employee custom bicycle frame manufacturer and painter in Phoenix Park in Shirley. For Toby Stanton the company s owner blinding speed means building and painting one bicycle frame a week. The cost Just under and up. In fact the busiest year the company has had since its founding in was one in which it cranked out complete frames. That feat is possible Stanton said but very difficult. You could do more but it would be really draining he said. It s not like making Pintos. It requires a lot of thought. A lot of that thought has to do with the measurements ability and preferences of the riders for whom each frame is being made. Hot Tubes makes bicycle frames of steel carbon fiber or a combination of the two. Not including paint a frame can be made in a day Stanton said. And Hot Tubes does a fair amount of business making prototype frames for large well known bicycle manufacturers. Stanton said the shop also does custom painting for bicycle manufacturers most notably Cervelo a Toronto based manufacturer of high end bikes. Hot Tubes is the only company authorized to repaint Cervelo frames under warranty. Team Effort But painting and welding aren t the only things Hot Tubes is up to. The company offers a weeklong bicycle frame manufacturing class in which students learn how to build bicycle frames. The class is expensive but when it s over students leave with a bicycle they ve custom made for themselves. Stanton was a competitive cyclist for a time but now runs Hot Tubes own cycling team which happens to be the top ranked team of and year olds in North America. The Hot Tubes team has amassed national championships and two world championships in the last years. In that time Stanton has seen interest in cycling increase and has noticed that there are more cyclists at the elite level than he s seen in a long time. Also there are more guys in international competition now than I think we ve ever had. And Stanton ought to know. He s been in cycling for nearly his entire life and he worked for years as a mechanic at Bicycle Alley on Main Street. There are tenants at Phoenix Park and I figured Hot Tubes with the increased interest in cycling the recent Olympic games and Tour de France would be a good one to feature. Others include Cool Dog the makers of ice cream hot dogs found for sale at Fenway Park and other venues and Focused Laser Solutions LLC which does laser engraving. Probably everyone is familiar with their work. All the numbers letters and symbols on your computer keyboard are laser engraved. Laser engraving is also used for certain bar codes part identification logos and graphics. FLS can even use lasers to engrave on wood. Send A Comment to the WBJ Home About Us Advertising Events Subscribe The Lists Contact Us Worcester Business Journal All Rights Reserved email webmaster view our privacy policy Maintained by ForeSite