Market Gawk

After deep-frying an attempt by dissident shareholders to shake up the firm's boardroom, top executives at Luby's Inc. have increased their already formidable stake in the casual dining company.

Original post by FeedZilla

For Steve Mullin, the new market leader for U.S. Bank's private client and private asset management group, moving to St. Louis somehow seemed inevitable. His wife, Kris, is from Kirkwood.

Original post by FeedZilla

Online securities brokerage Scottrade Inc. is scoring some major firsts. The firm, which Rodger Riney founded and leads, zoomed past the $1 billion revenue mark in 2007.

Original post by FeedZilla

You are not allowed to access this feed. Order it from the ‘My Feedzilla’ section of www.feedzilla.com

Original post by FeedZilla

Authorities in Qatar are having a difficult time containing inflation. Worse, prospects for bringing inflationary pressures under control look only dim, reported Gulf News. US investment bank Merrill Lynch expects inflation rate in Qatar to reach 14.5 per cent in 2008, up from 14 per cent in 2007. Currently, inflation rate in Qatar is a far cry from the past few years. According to the Economist Intelligence Unit (EIU), the rate averaged 2.6 per cent in 2002-2004. To be sure, Qatari inflation rate is the worst within the Gulf Cooperation Council (GCC). Merrill Lynch expects an inflation rate of 12 per cent in the UAE this year.

Original post by FeedZilla

President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), signed cooperation agreement with Federation of Yemen Chambers of Commerce and Industry (YCCI), reported Daily Times. Tanveer Ahmed Sheikh, President FPCCI, who is member of the Prime Minster’s entourage to Yemen and Saudi Arabia, informed that under the cooperation agreement the two national chambers of commerce will act more closely to intensify interaction between business communities of both countries.

Original post by FeedZilla

Dubai-based Islamic finance firm Mawarid says it has been approval to set up an insurance firm with a capital of AED100m and sell shares to the public, its deputy chief executive said, reported Reuters. Mawarid, which complies with Islamic law's ban on interest, will also take an 8.5 per cent stake in the establishment of an investment bank in Bahrain with a capital of $120m, he said.

Original post by FeedZilla