CHICAGO, May 23, 2013 /PRNewswire/ – PrivateBancorp, Inc. (NASDAQ: PVTB) today announced that its stockholders have approved all proposals at the 2013 annual meeting.
TSX rises as gold miners lone sore spot TORONTO (Reuters) – Canada‘s main stock index rose on Friday as robust economic data helped drive gains in energy stocks and financial shares, offsetting weakness in gold producers. The materials sector, a major component of the S&P/TSX composite which includes gold miners, was the lone sector to finish in the red of ten main sectors, as the price of gold fell for a seventh straight session.
By Herbert Lash NEW YORK (Reuters) – Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan’s economy minister suggested the currency might have weakened enough. Major American and European stock indices are up double digits – the U.S. benchmark S&P 500 index is almost 17 percent higher so far this year – and investors still see better returns ahead in equities, even as Wall Street closed slightly lower.
AVENTURA, Fla., May 20, 2013 /PRNewswire/ — Trade Street Residential, Inc. (the “Company”), a fully integrated owner and operator of high-quality apartment communities in targeted growth markets in the southeastern United States, including Texas, today announced that it has completed the acquisition of two communities, containing a total of 500 apartment units, for an aggregate purchase price of approximately $63 million.
By Chuck Mikolajczak NEW YORK (Reuters) – Stock index futures were little changed on Wednesday, indicating the S&P 500 may hold near its most recent record high ahead of a glut of economic reports, including data on inflation and manufacturing. Both the Dow Jones Industrial Average and the S&P 500 rallied to a fresh record high on Tuesday, buoyed by gains in large-cap shares, on investor expectations central bank stimulus measures will continue to support further equity market gains.
SCOTLAND — Recent surveys by Citizens Advice Scotland have shown that unhelpful lenders and rising living costs will plague Scottish Citizens with financial problems throughout 2011. Mary Kinninmonth, Manager at Citizen’s Advice Bureau in Dundee, said: “I think people will face a difficult year. The recession and the credit crunch are still biting, especially as a lot of people have lost their jobs recently or are already facing debt. It is always a struggle for people to make ends meet. The cost of living has risen dramatically so it is more difficult than ever for people to get by, especially those in low-income families.”
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AMSTERDAM (AP) — World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher ahead of key data releases Friday. The Conference Board is due to report on U.S. leading indicators after North American markets open, along with the University of Michigan’s consumer sentiment index. Analysts are expecting both to show an improvement from March.
By Sylvia Westall KUWAIT (Reuters) – A ruling by Kuwait‘s top court next month could end a period of relative political stability, jeopardizing government plans to push ahead with long-delayed economic projects. One of the world’s richest countries per capita, Kuwait has struggled for years to get big infrastructure projects off the ground because of bureaucratic red tape and political turmoil. A parliamentary election in December was the fifth in six years.
By Tomo Uetake TOKYO (Reuters) – Japan‘s Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative entertainment unit.