Showing posts with label record. Show all posts
Showing posts with label record. Show all posts

Wednesday, 8 December 2010

KBW, Inc. declared a Special Cash Dividend of $1.00 per Share

KBW, Inc. (NYSE: KBW),  has declared a special dividend of $1.00 per share, payable on December 27, 2010 to shareholders of record as of the close of business on December 17, 2010. The special dividend, payable in cash, is expected to equal approximately $36 million in the aggregate.

Tuesday, 7 December 2010

The ounce of gold reached new heights

Gold touched the day Tuesday in a historic record in favor of particular prospects for an easing of U.S. monetary policy and concerns about the debt crisis in the euro area.
Tuesday morning, gold hit 428.93 dollars an ounce. These advances are the gains in gold during the quarter and 9% increase since the beginning of the year to 30%.
Gold benefits from the uncertainty surrounding the euro area and takes advantage of maintaining a high level of unemployment figures in the United States and a possible injection larger than expected cash from the Federal Reserve which could bring its purchases of Treasury bonds beyond the $ 600 billion expected.
This policy could increase pressure on the dollar and take the gold, an alternative to more volatile currencies, analysts said.
Observers do not exclude a temporary setback for gold in the short term before a resumption of its uptrend.
"We expect a slight correction by the end of the year, but next year it is expected that the price of gold will continue to rise and could reach $ 1 500 an ounce because the situation is not yet clear to the United States and Europe, "said Guy Phaneuf, Director, BMO Capital Markets.
The money for its share rose to 30.54 dollars per ounce on Tuesday, reaching its highest level since March 1980. 

Source: http://argent.canoe.ca/

KBW inc. declared a special dividend of 1 $ per share

KBW  Inc. (NYSE: KBW) announced that its  has declared a special dividend of $1.00 per share  payable on December 27, 2010 to shareholders of record as of the close of business on December 17, 2010. KBW closing to 24,91 $ thursday.