Libor lawsuits should be dismissed, banks argue
JPMorgan Chase, Bank of America and other banks are being sued by local governments, community banks and customers regarding possible manipulation of the London Interbank Offered Rate. The defendants have asked U.S. District Judge Naomi Reice Buchwald to dismiss the cases, arguing there is no evidence they broke the law. Reuters
(3/5), The Wall Street Journal
|Why Platform Matters When Choosing an ERP System|
In order to survive, grow, and compete in the digital age, organizations need an ERP that is highly flexible and able to adapt. So, what are the tough platform questions you should ask yourself when shopping for an ERP?
Download the report to find out!
Congressional inquiry on HFT is needed, NASAA says
Congress should investigate high-frequency trading, the North American Securities Administrators Association says. NASAA wants Congress to identify high-frequency traders and look at how their actions affect the markets. Reuters
Dow closes at record high
The Dow Jones industrial average closed at an all-time high of 14,253.77 on Tuesday, topping a record set in October 2007. "I'm surprised at the speed of the gains, which have come at a pace that we can't annualize," said Jim McDonald of Northern Trust Global Investments. "But stocks are still not expensive, and we can expect to continue getting a reasonable advance from here." Reuters
(3/6), Barron's (subscription required)/Stocks to Watch blog
|Get with the flow. How payment processing affects cash flow.|
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
Please contact one of our specialists for advertising opportunities,
editorial inquiries, job placements, or any other questions.