Author: InvestAdvocate

Census: 1 in 7 Americans live in poverty

  By HOPE YEN, Associated Press Writer The ranks of the working-age poor climbed to the highest level since the 1960s as the recession threw millions of people out of work last year, leaving one in seven Americans in poverty.   The overall poverty rate climbed to 14.3 percent, or […]

Chevron Oil becomes MRS Oil

  Oil marketer, Chevron Oil Nigeria Plc, has changed its name to MRS Oil Nigeria Plc, effective December 2, 2009. According to a statement by the management of the company, the change was ratified by the shareholders at the 40th Annual General Meeting of the Company held on September 29, […]

Regulators to Target ‘Window Dressing’

  September 16, 2010 by MICHAEL RAPOPORT, WSJ   Federal regulators are poised to propose new disclosure rules targeting “window dressing,” a practice undertaken by some large banks to temporarily lower their debt levels before reporting finances to the public.   The US Securities and Exchange Commission is scheduled to […]