Finance

ADP Employment Report: November 2014 Preview

Private nonfarm payrolls in the US are projected to increase 227,000 (seasonally adjusted) in tomorrow’s November update of the ADP Employment Report, based on The Capital Spectator’s median point forecast for several econometric estimates. The median projection is marginally below October’s increase. Compared with a pair of consensus estimates based on recent surveys of economists,…

Yen Weakens On Moody’s Debt Downgrade

The difficulties faced by the Japanese government and the Bank of Japan in restoring the economy to full health have not gone unnoticed by the world’s major credit rating agencies with Moody’s recently downgrading the country’s sovereign debt rating from AA3 to A1 and assigning Japanese debt with a “stable” outlook. That led to the…

Performance Divergence Among Asian ETFs

One of the nice things about ETFs is the broad diversity they offer in terms of exposure to a vast variety of stock sectors within the US — but they also have exposure to a growing number of international countries (and in some cases, multiple choices within a single country or region), commodities, currencies, volatility,…

EC The Evaluat

 “Stocks are not always worth what they sell for.  Sometimes they are carried too high, sometimes too low, by mass excitement.  Sooner or later, though, they move into line with value.” Arnold Bernhard I have met many financially secure families over the years.  Most earned this financial security by working hard, while saving as much…

Otsuka Pharmaceutical To Acquire Avanir Pharmaceuticals

TOKYO–(BUSINESS WIRE)–Otsuka Pharmaceutical Co., Ltd. is pleased to announce an agreement with Avanir Pharmaceuticals, Inc.(AVNR) (“Avanir”) in which Otsuka America, Inc., a US subsidiary, acquires Avanir for USD 3.5 billion in an all-cash tender offer. The contract was signed on December 2, Japan time. Avanir Pharmaceuticals Avanir is a biopharmaceutical company specializing in CNS diseases….