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Bankers Vow to Lend, Help Stem Foreclosures Top bank executives told a House panel they are indeed using government funds to boost lending and agreed to work with federal officials to help stem foreclosures and restore public trust. Wall Street JournalBSQUARE to Restate Certain Prior Period Financial Statements; Reports Preliminary Results for the Fourth Quarter of 2008 BELLEVUE, WA--(Marketwire - February 11, 2009) - On February 10, 2009, the Board of Directorsof BSQUARE Corporation (NASDAQ: BSQR) (the 'Company'), on therecommendation of the Audit Committee, determined that the Company shouldrestate its financial statements for fiscal year 2007, and for the firstand second quarters of fiscal year 2008. Accordingly, the Company'spreviously released financial statements for these periods, and all relatedearnings press releases and communications relating to these periods,should not be relied upon. The Company has discussed this conclusion withits independent registered public accounting firm. MarketwireSmall Ventures USA, LP Announces Purchases of Shares of Western Lithium Canada Corporation HOUSTON, TEXAS--(Marketwire - Feb. 11, 2009) - Small Ventures USA, LP ('Small Ventures') announced today that it has acquired 5,122,198.00 common shares of Western Lithium Canada Corporation ('WLC'), through the facilities of the Toronto Stock Exchange, at an average cost of US $0.45 per common share, which represents approximately 10.0% of the issued and outstanding common shares of WLC as at February 10, 2009.Small Ventures USA, LPSmall Ventures is a venture capital and private equity firm founded and managed by William O. Perkins III. Based in Houston, Texas Small Ventures deploys capital across multiple sectors and geographic regions on an opportunistic basis, with a bias toward early stage investment. In addition to funding, Small Ventures provides operational and financial-trading capabilities to its investment portfolio. Its principal office is located at 3050 Post Oak Boulevard, Suite 460, Houston, Texas 77056. MarketwireEthical funds `holding steady in financial turmoil` The boost given to ethical funds by customer inflows in 2008 has been welcomed by UKSIF. According to the sustainable finance association, the latest industry data shows that ethical investors are keeping moneyextra.comFidelity Gas, Medical Mutual Funds Jump The largest U.S. fund manager gets a boost by high-performing portfolios as certain industry stocks rally. The StreetRuth Madoff Withdrew Funds, Massachusetts Says Bernard Madoff's wife withdrew $15.5 million from a Madoff-related firm before her husband's arrest, according to the Massachusetts Secretary of State. WSJ.comOutlook of midcap MFs not bright: Dhirendra Kumar Dhirendra Kumar, CEO, Value Researchonline, said the outlook for the midcap segment may not be very bright. From the midcap fund space, he likes Sundaram Midcap for its sustained performance and Franklin Prima. Money ControlUnapologetic CEOs: We`re Not Wasting TARPABC News Canadian World Fund Limited Reports Audited 2008 Financial Results TORONTO, CANADA--(Marketwire - Feb. 11, 2009) - Canadian World Fund Limited (CWF) (TSX:CWF) had a net asset value per share (NAV) return for 2008 of -63.2%. By comparison, the return of the benchmark Morgan Stanley Capital International (MSCI) All Country World Index was -30.0%, expressed in Canadian dollar terms. The Company's net asset value at December 31, 2008 was $20,626,000, decreased from $56,020,000 at the end of 2007. The corresponding NAVs at December 31, 2008 and December 31, 2007 were $2.87 and $7.79. MarketwireSchroders starts buying back into stocks LONDON (Reuters) - Fund manager Schroders said it has started buying back into equities as it scouts for fresh evidence of an improvement in the global outlook before ramping up its equity exposure even further. Reuters1 2 3 4 5 |
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