Robert Morris University marked its 90th anniversary Tuesday evening during a celebration at its new School of Business complex, the centerpiece of a $40 million fundraising campaign.
Robert Morris was founded on Sept. 21, 1921, in downtown Pittsburgh as the Pittsburgh School of Accountancy. The new 18,000-square-foot School of Business complex, which includes The PNC Trading Center, The United States Steel Corporation Video Conferencing and Technology Center, and The ATI Center, gives the university’s business school its first official home at its suburban Pittsburgh campus.
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BlackRock, Inc. (NYSE: BLK) today announced that its iShares® Exchange Traded Funds (ETFs) business, the world’s largest manager of ETFs, has published a fact sheet on tax efficiency and created a video to drive awareness among U.S. investors about ETFs’ tax efficiency as the U.S. tax filing deadline approaches. Today, there are over 1,000 different ETFs available and iShares is emphasizing tax efficiency during the current tax season to foster understanding and to encourage investors to take a careful examination of products with tax consequences in mind.
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It was cards at the ready in Liverpool, as Steven Gerrard and Tim Howard went head to head in the first Merseyside derby of the season. The pair swapped a grass pitch for a cardboard one, in a game that marked the release of the new Topps Match Attax collection.
What should have been a tense affair turned into a stroll in the park for Gerrard’s team, as they cruised to an 8-3 victory.
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The senior management team of Camelot Information Systems Inc. (“Camelot” or the “Company”) (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, celebrated its initial public offering on the New York Stock Exchange (“NYSE”) by ringing the NYSE’s ceremonial opening bell on Friday, July 23, 2010. The Company’s American Depositary Shares began trading on the NYSE on Wednesday, July 21, 2010.
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Uncertainty and erratic moves will be the norm rather than the exception reports Saxo Bank, the online trading and investment specialist, in its economic outlook for the third quarter of 2011. The second half of 2011 will be volatile and the uncertainty almost as great as during the financial crisis.
The most probable outlook for Q3 is that the world extends monetary stimulus across the global economies. This will bring marginal higher growth but also increase the burden on fiscal payments and a need for structural changes. Any long-term solution needs to be forward looking and involve an agenda for dragging Europe out of the low growth stalemate. A solution based on buying more time will only take us closer to the feared full blown Crisis 2.0.
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Saxo Bank, the online trading and investment specialist, believes a reasonably positive economic momentum barring a geopolitical crisis is likely during Q2 2012. The eventual return of QE seems inevitable as central banks try to keep the crisis at bay and the compounding of policy errors failing to address the solvency problem and growing social and geo-political friction will potentially lead to an explosive outcome.
According to the Bank’s analysts, Europe will continue on the path of flat growth despite the Eurozone having entered recession at the tail-end of last year. However the rebound in economic growth in the US will eventually spill over into Europe, and Asia will continue to aid its growth through imports. If the recovery in the US fails to provide enough jobs momentum a return of QE some time in Q3 may be a possibility. In Asia, the critical question is China, as losses on investments continue to accumulate and eventually need to be realised.
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