Claymore Securities Launches China All-Cap ETF (NYSE Arca: YAO) Oct 19, 2009 09:30AM

YAO -- the Newest Addition to a Growing Suite of China-Focused ETFs LISLE, Ill.--(BUSINESS WIRE)-- Claymore Securities, Inc., today announced the launch of the Claymore/AlphaShares China All-Cap ETF (NYSE Arca: YAO) on the NYSE Arca, Inc. ("NYSE Arca"). YAO is Claymore's third China-focused ETF joining the ranks of Claymore's existing China-based ETFs - the Claymore/AlphaShares China Small Cap Index ETF (NYSE Arca: HAO), the first ETF to focus on Chinese small-cap companies, and the Claymore/AlphaShares China Real Estate ETF (NYSE Arca: TAO), the first ETF to focus on Chinese real estate companies. ...


Top 10 News Items 10/05-10/09: Gold Marks New All-Time High; Alcoa Kicks Off Earnings Season with a Beat; Sept. Retail Sales Better-Than-Expected Oct 9, 2009 04:58PM

Here is a recap of the top news items from this week on Wall Street:

1. Demonstrating investors near- and medium-term concerns related to the US dollar and the stock market, gold prices hit new all-time highs this week. Gold finished this week's trading above $1,050 and related miners and producers rallied with the commodity. As the trade normally goes, the US dollar moved in opposition to gold.

2. Alcoa (NYSE: AA) kicked off the Q3 earnings season this week, beating the Street's estimates on both the top and bottom line ...


Jim Simons Said to Retire from Renaissance Technologies Oct 8, 2009 05:38PM

Jim Simons said to ...


Noah Education Announces Proposed Strategic Investment in Franklin Electronic Publishers Oct 7, 2009 05:30PM

SHENZHEN, China, Oct. 7 /PRNewswire-Asia-FirstCall/ -- Noah Education Holdings Ltd. (NYSE: NED, "Noah" or "the Company"), a leading provider of supplementary education products and services in China, today announced that Noah will make a strategic investment, in the amount of US$1 million, in the convertible preferred stock (the "Series B Preferred") of Saunders Acquisition Corporation ("Saunders"), a Delaware corporation recently formed for the purpose of consummating a merger (the "Merger") with and into Franklin Electronic Publishers, Incorporated, a Pennsylvania corporation ("Franklin"). Saunders is currently owned by the senior management of Franklin. Noah will subscribe the Series B Preferred prior to the consummation of the Merger. On the effective date of the Merger, shares of the convertible redeemable preferred stocks (the "Series A Preferred") and the Series B Preferred of Saunders, including the Series B Preferred to be subscribed by Noah, will be converted into shares of Series A ...


James Simons' Renaissance Tech Hedge Fund Discloses Latest Moves; Ups Stakes In MCD, GOOG, AAPL, GS, more... May 14, 2009 01:33PM

James Simons Renaissance Technologies hedge funds, one of the most successful hedge funds for years, released its 13F for the quarter ended March 31, 2009.

Simons' Renaissance is a black-box, meaning we don't know exactly how he picks his stocks but it is assumed that most are based on computer models.

Last year, James Simons was the top hedge fund earner, bringing in $2.5 billion. This year may be a little ...




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