Suspected mob ties haunt Japan Mothers stock market
One year after Mothers trading began in Tokyo, about 70 percent of the 27 listed companies have seen share prices fall below initial values. Reports of gangster infiltration loom over startups, chilling investor enthusiasm and delaying some debut listings. Officials say no proven link exists yet, but small firms remain vulnerable to influence.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Hidetaka Takano
Tokyo Stock Exchange
Exchange
Takano
Ron Bevaqua
Commerz Securities Japan
Pollyanna
Dr. Doom
America
Aaron Ahavia
University of Michigan- Dearborn
Fed signals shift to recession guards over inflation fight
Economists warn growth may slow too fast as the Fed pivots from fighting inflation with rate hikes to guarding against a recession. The report shows wages rising 0.3 percent in November, down from 0.7 percent in October, with disposable income up 0.3 percent and savings at a negative 0.8 percent. Durable goods orders bounced to a $210.9 billion annual rate in November, up 2.3 percent from October, beating expectations.
MENTIONED IN THIS ARTICLE
Fed
U.S
From exuberance to angst consumer mood shifts
The piece notes a swing from strong late-year sales and rosy expectations to eroding consumer confidence. It cites Greenspan and a NBC/Wall Street Journal poll showing rising recession fears, plus energy costs and Nasdaq declines as factors shaping buyers’ nerves and market psychology.
MENTIONED IN THIS ARTICLE
Jay Winepol
Greensboro
N.C
Diamond Gallery
Winepol
Federal Reserve
Alan Greenspan
NBC
Wall Street Journal
Rauch Ornament Company Expands Craft Glass Line at Toy Fair
Rauch Ornament Company highlights a shift from satin wrapped and glittered pieces to craft glass and handpainted ornaments. The firm, with a Fifth Avenue showroom, imports from Poland and China and debuts its 10 day February Toy Fair display in New York City. Half its sales are private labels including Victoria and Rauch brands. Stores such as Wal Mart CVS Rite Aid Eckerds Garden Ridge carry Rauch products. A large distribution center spans 800000 square feet in Chester South Carolina.
MENTIONED IN THIS ARTICLE
Poland
China
Cushman
New York City
Rauch
Fifth Avenue
Craft Glass
Old World Glass
Victoria Collection
Victoria
Wal-Mart
Target
Eckerds
CVS
Rite Aid
Garden Ridge
Chester
S.C
Also Mentioned on This Page
Commerz Securities
Associated Press
Wu On
Ourm
Department of Commerce
By Steve Liesman
The
Dea A
Wilkinson
Belmont, N.C
E. Franklin
Saxony
iLocation
PMS
Osuilding
NEWAT
W. Main ST
Gastonia
Sonny Hancock
Sears
Heron Creek
Country Subdivision
Greenleaf Road Clover, SC
Greenleaf Rd
FHA
Greenleaf Road
Wood Pecker Rd
White Rose Realty
Work, South Carolina
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