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Dow Jones a +1%, Nasdaq a +0,35%, SP500 a +0,84%
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Did you see Alan Greenspan on 60 Minutes tonight?  What a revelation, one of the most powerful political and economic forces, but until now, basically silent. There were so many interesting things in the interview, but one of them left me with an urgent action item. Lesley Stahl, the interviewer, asked what currency he got the advance on his book in? He said it didn't matter, because he could convert to whatever currency he wanted, begging the question. She pressed, and he volunteered that the best choice is to be diversified. Which of course is a conclusion every money manager would reach on their own, it's just like stocks and bonds, you never want to have all your eggs in one basket, the best strategy is to be diversified.  I've wanted to be diversified in currency for quite some time, but have found it's not so easy. I have an investment account and a checking account, both are in US dollars, and neither offers the option of anything other than that. I just spent a couple of hours with Google trying to figure out where I could open an account that would allow me to keep cash in euros, yen, yuan, dollars (Canadian, US, Australian or New Zealand), pounds, or... ? I found that I could become a currency trader, which is absolutely not what I want. What I'd like is something like a mutual fund for currency. Or failing that, a certificate of deposit that allowed me to specify what currency it would be in.  So I thought I'd ask the smartest people I know, the readers of this blog. Do you keep your savings in more than one currency? Is there an online bank that does this well, one that a US citizen can use (that is, it sends 1099's to the IRS). Any ideas would be much appreciated.
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roundup Plus: WebSideStory cuts IPO to 4.4 million shares...BMC looks to simplify network operations...Data center firms settle cookie suit.
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Chandigarh, Oct 25. (PTI): The Reserve Bank of India today said that it had come across news reports and had also been receiving several complaints regarding non acceptance of 25 paise and 50 paise coins by shopkeepers, traders and transport undertakings.
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FreshXtend Technologies Corp. (TSX VENTURE: FXT) ("FreshXtend" or "the Company") is pleased to announce that it has granted an aggregate of 1,379,000 stock options to directors, officers and employees of the Company, at a price of Cdn $0.15 per share. The options have a term of 5 years.
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Dow Jones +0,11%, Nasdaq +0,3%, SP 500 +0,18%
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Dow Jones +0,07%, Standard Poor's 500 +0,08%,Nasdaq +0,01%
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Dow Jones +0,23%, Nasdaq +0,63%, SP 500 +0,13%
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Mining stocks led the FTSE higher on Thursday with Antofagasta, the copper producer focused on Chile, up 3.1 per cent to 476p on talk that a special dividend of up to 40 US cents a share could be paid when full-year results are announced on Tuesday.
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NEW YORK/SYDNEY  - NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's  31 percent stake in London Stock Exchange Plc , a person familiar with the matter said.
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Dow Jones a +0,02%, Nasdaq a +0,40%, SP 500 a +0,08%
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(Corrects in third paragraph to show foundation selling 200 million euros' worth of existing shares, not 200 million shares)
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British oil firm Cairn Energy has said that the initial public offering of its Indian unit would be priced at 160 rupees per share (2.73 euros, 3.56 dollars) -- at the low end of its price range.
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NEW YORK/SYDNEY  - NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's  31 percent stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
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Tokyo Stock Exchange Inc. plans a cross-membership agreement with the Singapore Exchange Ltd. to let its 109 member brokerages and Singaporean investors buy and sell equities on both
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Dow Jones -0,01%, Nasdaq -0,23%, S%P 500 -0,11%