finance & investment

Time to buy shares?

Apparently, JD Whetherspoon shares fell, after the company issued a profits warning. The pub management firm is worried, that the smoking ban, to be introduced in Britain this summer, will reduce earnings in the short run.

Another Nick Leeson

A friend of mine told me an interesting story. A trader in bank X tried to make a profit, building a private portfolio with some new financial product and using bank's money. Apparently, he abused his position and connections within the firm in order to do so. The sad part of the story is, that he ended up playing against bank Y and loosing half of the cash.

Hedge funds no longer effective

Heiko Ebens, a Merrill Lynch director, claimed, that hedge fund industry has ceased to deliver higher than average returns and can be mostly replaced by index trackers. Merrill Lynch's trackers, for instance.

Mozilla and ebay - partnership for better shopping

Mozilla and eBay are working on a way to improve shopping experience of Firefox users, accessing eBay's auction sites in some of the countries, according to this press release.

San Diego pension fund trouble

An article in EconBrowser tells an interesting and probably worrying story of an employee pension fund for the City of San Diego, USA.

From math teaching to property riches

A very interesting article in The Guardian tells the story of a nice elderly couple from Ashford, UK, which has built a property empire worth £280 million. It's simply amazing what you can reach, if you start at the right time and in the right place.

FPGA - some technical notes

Here you will find some technical details and examples for our FPGA-based solutions.

Please follow this link for the latest version of this article.

FPGA - extreme computation performance for finance

Abstract

High performance computing in financial and other industries is constantly challenged by growing demand for faster results and larger volumes of data to process. FPGA - specially designed hardware units - through their ability to execute complex tasks in parallel - can substantially increase the throughput of systems and reduce data centre load.

Байки из Банка - битва за еду

Рассказывают, что в банке служила некая девица, только что закончившая университет. В силу юного возраста и сложившихся в банке традиций, занималась она делами малоотвественными и доходы имела более чем скромные.

Even FSA can be beaten

Following a tribunal ruling, the Financial Services Authorithy, UK's financial regulator, will have to pay legal costs of two men it tried to fine in the so called Cyprotex case, reports BBC.

Follow the updates to the site - subscribe with your favourite aggregator:

Feed Icon | XML Icon | Google | Yahoo! | Bloglines | Newsgator | MSN | AOL | Monitor This