South West water bills to stay flat

January 17th, 2010

Water bills could hit £483 in the South West

With the cost of living sky-rocketing and fuel bills mounting during the Big Freeze, it will come as some comfort to know that water bills are unlikely to get any higher – at least in the South West.
The industry regulator, Ofwat, has ordered South West Water (SSW) – the UK’s most expensive water company – to make a real-term £1 cut in bills by 2015.
And its owner Pennon has agreed, although it called the target a “very tough challenge” and warned it may have to fire some of its 1,250 staff to keep costs low. Average

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Wild Weekly Wrap-Up: Only Halfway Through January!

January 17th, 2010

Wheee, what a ride!

The week can be neatly summed up by my 1:35 comment to Members in Friday’s chat, summed the week up quite nicely as I said: “So funny, a whole week of gains I thought were ridiculous wiped out in 4 hours.” Of course it’s easy to laugh when you play the market correctly – as I had said in the morning post, we had cashed out into Thursday’s run up and planned on going bearish through the weekend but it turned out we got our sell-off early, jumping the $100K Portfolio, for example, up 12% in one day – enough to send us back to cash rather than risk a weekend reversal.

We laid the groundwork for this little sell-off in last weekend’s posts as we put up an aggressive Buy List for Members but in my regular weekend post we emphasized the need to cover our buys with “Disaster Hedges” as we were heading to the tops I had predicted when I published the “Last Charts of the Decade,” where I set resistance targets of Dow 10,457, S&P 1,135, Nasdaq 2,314, NYSE 7,389 and Russell 638. As you

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Visiting Mexico City Parks and Plazas!

January 16th, 2010

Mexican Insurance Store:Mexican Auto Insurance Blog Review Current Mexico Travel Tips andCompare Best Quality Mexico Insurance Quotes Online in minutes!

If looking for a day of tranquility at a budget-friendly price, consider visiting one of Mexico Citys numerous parks. These locations allow travelers to stop and enjoy the real Mexico; watching men play dominoes, listening to the sounds of local musicians, and tasting foods from cafes and street vendors.

For information about Mexico Insurance visit Mexican Car Insurance rates. At Mexican Insurance Store you can review Mexican Auto Insurance online.

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ANZ Rumoured To Be In Negotiations For Acquisition Of Asset Manager

January 16th, 2010

According to a newspaper report in The Age, Australian banking major ANZ is said to be in talks to acquire fund manager IOOF Holdings. The negotiations are believed to be at a preliminary stage.

The report, which quoted unnamed sources says that negotiations are ongoing, and it is uncertain whether a deal will eventually be reached.

IOOF is one of the few remaining independent fund managers in the financial advisory and superannuation industry.

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Improve Your Credit Report Score With Ease

January 15th, 2010

Improving your credit score is not an impossible job however it does take a lot of work.

If your credit score is below 500 this may take a few years, however if it is above this score there are some simple tips you can try to get your credit score back on track. The first thing to do is find out your score. This score is called a FICO score which lenders use to determine creditability and payment history.

Paula de la Torre Editor of the “Best Credit Reporting Services” website — http://www.CreditReportsAndScores.biz/ — pointed out;

“… In the last 10 years American consumers have found their score going down due to job losses and an unstable economy. This in its

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Capital Markets Update – Continuing Unemployment Claims Fall While Initial Claims Rise

January 15th, 2010

Quicken Loans Capital Markets Update for January 14, 2010

Treasury and mortgage bond prices are slightly higher this morning ahead of the week’s final Treasury auction. Today’s December retail sales report was expected to increase following November’s strong reading.

The reading was worse than expected which is helping to support bonds this morning. Also, today’s weekly initial unemployment claims report was expected to creep higher while this week’s continuing claims report was expected to fall.

Initial unemployment crept higher and this week’s continuing claims report fell, both moves were more than expected.

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