The most famous stock exchange.

Its definitely the New York Stock Exchange. When you say stock exchange the first thing you think about is the New York building. Big, old building with marbles in the front. After 9/11 there is huge American flag on the marbles. You don't think about London, Tokio or Bombay stock exchange. Yes, these are important too, some of them are more powerful and bigger, but still they are not as famous as this one. So how did it start? First original Stock Exchange in New York was, and still is, located at Wall Street, which is by the way, known as one of the richest streets in the world. Every wealthy and good company has to have their headquarters at Wall Street. So the first SE started with 24 stock brokers and that time was called New York Stock and Exchange Board. A little too long name don't you think so? They had to rent their place for 200 $, but after Great Fire in the city it was moved to temporary building. They changed the name, to these days used New York Stock Exchange. But the SE was increasing so they needed bigger place to be able to work, so they decided to build a new building. The new and now so famous building was opened in 1901, It was one of the biggest places in the city. Some buildings and floors were added later, the last one in 2000, and some trading rooms were closed, because of increasing of electronic trading. In 1978 was the main building written to the list of national Historic Landmark, which contains buildings, structures or other object which are historic important or significant.

Edited by: Lydia Jasenska

These news are brought to you by CantellTV, it's technology partner SigEx Telecom and it’s founder Christopher M. Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Wall Street, give us our daily bread

Economy is like a tide, we never know what will it bring and what will take it away. Situation on Wall Street is these days the most discussed topic and no one can clearly say what will happen in few hours. Two days ago there were quite big losses on the Asian's and European stocks. Now we have new information about the sharp raising of some of indexes from Asian stock. For example Japan's Nikkei with its last Tuesday's biggest drop gained more than 400 points on the Tokyo Stock Exchange and so rose on 3.37 percent. There is also other growing - The Korea composite Stock Price Index rose 3.1 percent and The Kospi gained 2.7 percent. The European stocks had also problems on Tuesday, and then some actions raised a little bit for example France's CAC 40 rose 2.1 percent. Even though European officials thought European economies will weather turbulence which came from American Wall Street nowadays it looks Europe could have a little problems though. Everyone is fairly monitoring stock trading and waiting for any indication. Heads of every Department of the Exchequer around the world is trying to keep calm, but sometimes their statements don't sound so assured. As Michael Ellam, British Prime minister's spokesman said, government would do everything to keep economic stability; Indian finance Minister Chidambaram claims "There is no reason at all to allow the worries of the Western world to overwhelm us," and urges investors to stay calm. All these aspirations have the opposite influence on me, and I am still more confused and don't know what to expect. People are not stupid not to see that situation around the world is chaotic and also still more analysts have skeptic attitude to American stocks' situation. What is more, no one supposes that any from the American authorities could prevent a recession of American economy and every single stockbroker in Asia and Europe is ready and waiting for instructions. In cases like this a man doesn't know what to do, but he doesn't want to wait helplessly neither. Anyway I am still thankful I am not a stockbroker.

Edited by: Lydia Jasenska

These news are brought to you by CantellTV, it's technology partner SigEx Telecom and it’s founder Christopher M. Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

The move to rescue the U. S. from recession

The Fed jumped into the action. After widespread discussions about the current economic situation in the United States possibly facing recession, the Federal Reserve cut the interest rates. The reduction constitutes a drop from 4.25 down to 3.5 per cent. Before Tuesday's move, the Fed had cut interest rates three times, at first in September by a half-point and then by smaller quarter-point moves in October and December. The explanation by the Fed states that the decision came to effect as a response of "a weakening of the economic outlook and increasing downside risks to growth." Basically, there have raised concerns that weakness in the world's largest economy, the one of the United States, was spreading worldwide. The consequent issue is therefore whether it will work. The answer lies in the unique character of the American recession that is likely caused by two major triggers. The first one is bursting of the U. S. house price bubble and the other one is connected with the credit bubble. According to most economists, the move of the Fed won't solve the first problem. The imbalance between supply and demand in the U. S. is just too extreme. The second crisis isn't believed to be retrieved easily by the recent rate cut as well. Other specialists defend the bold action of the Federal Reserve. They affirm the Fed helped this way the start of the latest housing boom. Moreover, the policy was motivated not by the desire to achieve any particular level of asset prices, but, as claimed "rather by the Federal Reserve's assessment of how changes in asset prices were affecting the forecast of growth and inflation." No matter what opinions belong to certain economic specialists, the final effect will be interesting for much wider public. Consequences will be seen and comprehended in the future regardless of those currently predicted. The American citizens definitely have something to look forward to.

Edited by: Lydia Jasenska

These news are brought to you by CantellTV, it's technology partner SigEx Telecom and it’s founder Christopher M. Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Impacts of the Fed interest rate cut

This early morning the Federal Reserve announced an emergency cut in interest rate. After resumed Tuesday Wall Street did its best to join in the plunge, but by finishing down by 465 points, the Dow Jones industrial average redeemed a loss of 128.1, or 1.06 percent, at 11,91.19. Previously before trading, the Fed cut its benchmark federal funds rate by 0.75 percent to 3.5 percent. Moreover, it cut the discount rate that is directly charged to banks to 4 percent. This was the response to an international stock sell-off and to all worries about a feasible U.S. recession. For the future market, that is going to be held on the following Tuesday, it is estimated that the Fed will make a cut of approximately a 0.5 point. The cut was accepted by the majority of traders but the policy of the Fed was somehow not understood that it made the call between regularly scheduled meetings of its policy-making Open Markets Committee. The long-term recovery is guessed to be attributed to comeback of the housing recovery and improvement of customer's sentiment, which makes up the crucial part of U.S. economy. The reduction in interest rates is a tool the Fed is using to make a recovery in economy. It should retrieve economy in a way that it will provide it more available, meaning more cheaper, for the business to borrow money. However, the effect is not so conducive for housing. It has mainly to do with the worries about most of adjustable-rate mortgages which are continuously increasing, and also home prices that are thought to be falling this year. The Bush administration has assumed the package for $145 billion in tax cuts and the plan to stop plummeting of mortgage. After the Fed intervention it promised to maintain the arrangement. As Dana Perino, the pres secretary, said "I am not going to close off any dors."

Edited by: Lydia Jasenska

These news are brought to you by CantellTV, it's technology partner SigEx Telecom and it’s founder Christopher M. Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

SigEx Ventures : Investors are becoming increasingly interested in green technologyby Corina Ciubotaru

As climate change becomes a reality we are all responsible for, and governments start raising awareness, venture capital investors seem to be increasingly attracted to clean tech. In 2006, $2.9 billion were invested in this field in the US, compared to $1.6 billion in 2005, and a big part of this money went into energy-related ventures. This figure increased by nearly 60% in the first quarter of 2007 making the clean tech venture market the third most significant after biotechnology and software. GE was a big investor in clean tech in recent times; in the beginning of the year, they invested in a company that researches batteries for hybrid vehicles, and the American giant probably won’t stop here, aiming to invest $4 billion in renewable energy by 2010. Other companies have also announced they want to join the race: Citigroup is willing to invest $50 billion in the next ten years in companies that address climate change issues, while Bank of America intends to invest $20 billion in the same area. In Europe, the level of investment is significantly lower and it’s decreased in 2006 compared to the previous year. What should concern European leaders even more is that not only are they significantly behind the US when it comes to investments, but that the Americans have invested more in European ventures than the actual people benefiting from them. Part of this problem is due to insufficient state involvement in the issue, but some potential investors consider that there aren’t enough opportunities for them in Europe.

related story: http://arstechnica.com/news.ars/post/20070606-clean-tech-investments-pull-in-10-percent-of-us-venture-capital.html

by Corina Ciubotaru for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models

SigEx Ventures : Private equity companies going publicby Ioana Madalina Tantareanu

As a result of the tech-bubble bear market, most asset classes outside of U.S. large cap stocks, U.S. government securities, and municipal debt have been deemed "non-traditional" or "alternative" in some way.One of the biggest beneficiaries of this trend was private equity and the investors have flooded firms such as Blackstone and KKR with cash.Opportunities in the marketplace are researched by private equity. They are different from the standard stock analysis,which tends to focus on relatively arbitrary quarterly earnings per share estimates, because they analyze companies to determine whether the lines of business are worth more together or apart and they try to find unexploited opportunities. Richard Gere's character in "Pretty woman movie" would be the personification of today's "private equity." There are many options in having and managing a company. Sometimes it`s the best thing to do to tear the company apart and sell it, but sometimes you may leave it whole and shake up the business model.Going public doesn't necessarily take away these company`a flexibility.Warren Buffet's company Berkshire Hathaway has as it`s core business insurances.Geico and General Re are some of the primary lines of business.This hasn`t stopped Berkshire Hathaway from investing in, or acquiring, a host of other companies, like companies from high-tech electronics to making candy. Investors buy shares of the holding company, not the private equity subsidiary, refering to taking the private out of private equity.These will be publicly traded companies who engage in private equity portfolio management as their primary line of business, in order to cash in on the recent boom and successes and to provide liquidity for the firm's shareholders.

by Ioana Madalina Tantareanu for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models

SigEx Ventures : Private equity picking up steamby Delia Cruceru

Although market commentators said that New Zealand’s global buyout is going down, in here the private equity activity is blooming. This year the many deals regarding private equity firms like Yellow Pages and MediaWorks have been transacted. Corporate raider Carl Icahn said “the global boom has reached its peaked” and Blackstone Group, Kravis, Kohlberg, Roberts (KKR) and Carlyle Group capable of paying high prices are waiting for better offers and deals. Paul Chrystal, head of private equity from Goldman Sachs JBWere said that in New Zealand assets are becoming very expensive: “not all people paying high prices are overpaying, but if they are, there's always more risk that they will have a difficult time later. I don't think there's any serious investors in the private equity market who haven't felt the pressure of prices, are worried by it, and are probably more cautious." AMP Capital Investor’s boss says "base interest rates and risk spreads are rising. While we'd seen private equity interest, we hadn't seen transactions on the smaller part of the market. That's clearly changed with Tourism Holdings and MediaWorks.” Chief economist and head of investment strategy of AMP Capital Investors says the boom in the private equity takeover activity will get bigger and will have positive effects.

related story: http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10451724

by Delia Cruceru for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models