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Financial Management News

AllianceBernstein Announces February 28, 2010 Assets Under Management Tuesday, March 9, 2010 @ 1:33PMAllianceBernstein Holding L.P. and AllianceBernstein L.P. today reported that during the month of February, preliminary assets under management increased by approximately $4 billion, or 0.8%, to $484 billion at February 28, 2010 due to positive investment performance; net flows were neutral as net inflows in the Retail channel mostly offset net outflows in the Institutions channel.
Transcript of AU Forum "The Climate Change Generation: Youth, Media, & Politics in an Unsustainable World" [Framing ... Tuesday, March 9, 2010 @ 1:32PMAmerican Today , the weekly newspaper for American University, ran this feature on last week's AU Forum and public radio broadcast of " The Climate Change Generation: Youth, Media, and Politics in an Unsustainable World ." My graduate assistant Brandee Reed has also produced a transcript of the panel which I have pasted below the fold. I was joined on the panel by AU journalism professor Jane ...
Invesco shares drop after monthly assets report Tuesday, March 9, 2010 @ 1:30PMShares of Invesco Ltd. fell on Tuesday after the investment manager reported its managed assets total was largely unchanged at the end of February compared with the previous month.
Argility Partners with Quinnox for Retail Solutions Tuesday, March 9, 2010 @ 1:29PMCHICAGO----Argility, an innovative international retail software solutions company announced a strategic alliance with Quinnox, an international solutions and services firm. The new alliance will ensure secure, flexible, feature-rich store systems that rapidly deliver business value and competitive advantage to retail customers worldwide.
JPMorgan eyes share of China ‘green IPO’ Tuesday, March 9, 2010 @ 1:23PMJPMorgan eyes share of China ‘green IPO’JPMorgan eyes share of China ‘green IPO’
PEP: Heber Bartolome says his feud with FILSCAP is to correct 'maling-sistema' Tuesday, March 9, 2010 @ 3:27AMFolk singer-songwriter Heber Bartolome elaborated on the cause of his February 23 visit to the National Bureau of Investigation (NBI) in Manila, where he filed a complaint against The Filipino Society of Composers, Authors and Publishers, Inc. (FILSCAP).
MSI unveils new X-Slim X360 ultra-thin notebook Tuesday, March 9, 2010 @ 3:27AMMicro-Star International (MSI) has unveiled the latest addition of its X-Slim notebook series, the X-Slim X360, with Intel's Core i5 processor and HM55 chipset.
US Assets Should Not Be 'Politicized' Tuesday, March 9, 2010 @ 3:27AM(AP) "This is a purely market-driven investment behavior. I would hope not to see this matter politicized," the chief foreign exchange regulator, Yi Gang, said at a news conference. He was respo...
Chairman of Hope has eye on future Tuesday, March 9, 2010 @ 3:27AMRANCHO MIRAGE — Larry Thiel knows the history of the Bob Hope Classic. Perhaps more importantly, Thiel also knows the reality of the tournament today.
Inmarsat plc Reports Full Year Results 2009 Tuesday, March 9, 2010 @ 3:26AMMarch 9, 2010 /PRNewswire-FirstCall/ -- Inmarsat plc (LSE: ISAT), the leading provider of global mobile satellite communications services, today reported consolidated financial results for the year ...
China tries to ease American concern over impact of debt holdings Tuesday, March 9, 2010 @ 3:26AMBEIJING - An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings
Returning to ’normal’ Tuesday, March 9, 2010 @ 3:26AMMary Sturm said life is starting to return to normal in the Parkview Terrace subdivision of Iowa City.
Russian Shareholder Activist Exposes Corporate Greed Tuesday, March 9, 2010 @ 3:25AMAlexei Navalny is a unique type of opposition figure in Russia. He believes the most effective way to challenge the ruling class is not through elections, but by acquiring stock
Scandals put new focus on association books Monday, March 8, 2010 @ 10:15PMThe treasurers of the Glenmore and Mill Creek homeowners associations, Michael Comer and Kevin Thomas O’Connor, respectively, have been accused of taking money from the groups’ coffers. Both associations have learned a lot about how they should manage their finances — information that these groups aren’t required to have.
Songwriter Heber Bartolome says his ongoing feud with FILSCAP is to correct "maling sistema" Monday, March 8, 2010 @ 10:14PMHeber says his real issue with FILSCAP is its alleged "questionable disbursements" of funds.
Nestle’s Maggi appoints Publicis Malaysia as creative lead Monday, March 8, 2010 @ 10:11PMNestle Malaysia has appointed creative agency, Publicis Malaysia, to manage the Maggi brand’s entire product portfolio, including Maggi Noodles, Flavour Worlds and Masak Masak Studio, for the Malaysian market effective June 1.
Job ads in record rebound Monday, March 8, 2010 @ 10:10PMJob adverts posted their biggest increase in 11 years last month, as employers stepped up hiring plans.
Pengrowth Energy Trust Announces 2009 Year End Reserves Information Monday, March 8, 2010 @ 10:10PMCALGARY, ALBERTA--(Marketwire - March 8, 2010) - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN) (NYSE:PGH) (collectively "Pengrowth"), is pleased to announce its 2009 year end reserves information. T
Oil holds above $81.50, natural gas picks up Monday, March 8, 2010 @ 10:08PMFXstreet.com (Barcelona) – Oil prices have been crawling lower from 8-week high at 82.38 on March 7. Crude traded at 81.83 on the Asian bell, thus having just lost 0.50% from yesterday's high pull-back.
NZD market nervous ahead of RBNZ on Thursday Monday, March 8, 2010 @ 10:08PMDespite the unanimous expectation that the RBNZ will leave New Zealand rates unchanged on Thursday morning, the NZD market remains a bit nervous.
Talladega Council discusses water privatization Monday, March 8, 2010 @ 10:05PMTALLADEGA — The City Council was presented with four ideas for cost savings from City Manager Michael Stampfler during a called meeting Thursday night. No action was taken on any of them.
Pengrowth Energy Trust Announces 2009 Year End Reserves Information Monday, March 8, 2010 @ 10:00PMCALGARY, ALBERTA--(Marketwire - 03/08/10) - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX: PGF.UN - News ) (NYSE: PGH - News ) (collectively "Pengrowth"), is pleased to announce its 2009 year end reserves information. The 2009 results were impacted by reduced capital spending compared to 2008 as necessitated by lower commodity prices, reduced cash flow and Pengrowth's ...
EDITORIAL: Prepare them young for old age Sunday, March 7, 2010 @ 12:26AMOLD people bring a wealth of wisdom borne of years of living and experiencing life. A library of books can't replace the value of conversations with old people. So, the fact that there is a number of old people living in old folks homes is sad. But the suggestion to make it compulsory for Malaysians to care for aged parents is not sensible. Force of law achieves nothing but resentment and ...
The News-Press call-in offers help with finances Sunday, March 7, 2010 @ 12:26AMFaced with the financial turbulence of the past few years, it's understandable why some might lose sight of long-term goals and objectives.
Mall owner announces plan to exit bankruptcy Sunday, March 7, 2010 @ 12:24AMThe owner of the partially built Elk Grove Promenade Mall has announced plans to emerge from bankruptcy by splitting into two companies.
Business Honors for March 7, 2010 Sunday, March 7, 2010 @ 12:23AMDiola Bagayoko, Southern University’s distinguished professor, chair of the department of physics and director of the Timbuktu Academy, has received the 2009 American Association for the Advancement of Science Lifetime Mentor Award.
Insure Direct targets Abu Dhabi expansion Sunday, March 7, 2010 @ 12:22AMInsure Direct targets Abu Dhabi expansion
Personal branding more than skin deep Sunday, March 7, 2010 @ 12:20AMPERSONAL branding may seem like the latest job finding technique, but it has always been critical to landing a new job. It’s simply that until recently, it didn’t have a trendy buzz phrase. Consequently, most job seekers didn’t know about personal branding, and therefore didn’t do it. Even now, there’s more to it than anyone has thought to enlighten you about.
People in Business Sunday, March 7, 2010 @ 12:16AMMark Hanson has been named executive director and chief executive officer of the Houston Symphony, effective May 1. E. Tyson Thomas has been promoted to vice president of Lockwood, Andrews & Newnam.
Cape Coral mailbag Sunday, March 7, 2010 @ 12:16AMWith regards to Monday night's council meeting and the Kessler firm discussion, I want to fully thank council member Brandt for his comments about the firm's previous 2006 performance.
Health care reform will affect drug stocks Sunday, March 7, 2010 @ 12:15AMThe complex prescription for successful health care investing usually includes careful consideration of drug pipelines, current-product sales, patent expirations, potential mergers and stock dividends.
China faces new pressure to let currency rise Saturday, March 6, 2010 @ 6:28PMChina faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease strains on its fast-growing economy.
Recovering Northern Rock draws interest of cash-rich Chinese banks Saturday, March 6, 2010 @ 6:23PMCASH-RICH Chinese banks are thought to be eyeing a bid for Northern Rock as figures this week confirm it as an increasingly attractive target.
Everglades land deal with U.S. Sugar faces growing financial risks Saturday, March 6, 2010 @ 6:22PMThe dream of buying up sugar cane land to help save the Everglades now must survive the economic nightmare of looming budget shortfalls and worsening financial forecasts.
China faces new pressure to let currency rise Saturday, March 6, 2010 @ 6:18PMChina faces new pressure to let currency rise, gives signs it may allow yuan appreciation
Union slams Mercury Marine bonuses Saturday, March 6, 2010 @ 6:16PMSix months after millions of tax dollars were offered to keep Mercury Marine Inc. in Fond du Lac, company officials say they have retained nearly 2,000 jobs as promised but have not done much new hiring.
The Pru looks East Saturday, March 6, 2010 @ 6:11PMAccording to insiders at Prudential, Tidjane Thiam, the chief executive of the insurer – which said last week that it was bidding $35.5bn (£23.6bn) to buy AIG's Asian insurance business – is a firm believer in emotion over analysis.
Margareta Pagano: Going mutual paid off at Spain's top football clubs Saturday, March 6, 2010 @ 6:11PMIt's not just the brilliance of the footballers at Real Madrid and Barcelona that British clubs should be looking to for inspiration but the way the Spanish teams are run. Both are mutual organisations, owned by their supporters who are responsible for electing management.
Lawson has mixed record with insurance industry Saturday, March 6, 2010 @ 6:10PMPANAMA CITY — You could say Al Lawson knows insurance. The Democrat from Tallahassee owns an insurance agency, has sat on both House and Senate insurance companies and is an influential voice in statewide insurance debates. Take, for instance,...
Prepare them young for old age Saturday, March 6, 2010 @ 6:08PMOLD people bring a wealth of wisdom borne of years of living and experiencing life. A library of books can't replace the value of conversations with old people. So, the fact that there is a number of old people living in old folks homes is sad.
Milford School Board, 3-year seat Saturday, March 6, 2010 @ 8:12AMFour people are running for a pair of three-years seats on the Milford School board.
Milford School Board, 3-year seat Saturday, March 6, 2010 @ 8:12AMFour people are running for a pair of three-years seats on the Milford School board.
IHI announces €25 million Bond issue Saturday, March 6, 2010 @ 7:58AMInternational Hotel Investments p.l.c. (IHI) announces the issue of a €25 million ten year Bond bearing an interest rate of 6.25% per annum. The Bonds are redeemable in 2020 but may be redeemed earlier, as from 2017 at the Issuer’s option.
IHI announces €25 million Bond issue Saturday, March 6, 2010 @ 7:58AMInternational Hotel Investments p.l.c. (IHI) announces the issue of a €25 million ten year Bond bearing an interest rate of 6.25% per annum. The Bonds are redeemable in 2020 but may be redeemed earlier, as from 2017 at the Issuer’s option.
IRW-Press: Can Can Lingerie Holding AG: Can Can Lingerie Holding Ag – Alf Group Announces Record Transactions Saturday, March 6, 2010 @ 7:20AMAs previously advised to the market on 18th January 2010, ALF Group were to provide Can Can Lingerie Holding Ag (ISIN: CH0044678180 / symbol: CCH) with a revised earnings update, an outline of completed transactions and the status of potential transactions by the end of January 2010. CCH is pleased to announce that it has received these today.
IRW-Press: Can Can Lingerie Holding AG: Can Can Lingerie Holding Ag – Alf Group Announces Record Transactions Saturday, March 6, 2010 @ 7:20AMAs previously advised to the market on 18th January 2010, ALF Group were to provide Can Can Lingerie Holding Ag (ISIN: CH0044678180 / symbol: CCH) with a revised earnings update, an outline of completed transactions and the status of potential transactions by the end of January 2010. CCH is pleased to announce that it has received these today.
SMH sick days rise Saturday, March 6, 2010 @ 7:15AMAdding to Orillia Soldiers' Memorial Hospital's $6.9-million deficit is a high increase in sick days taken by full-time hospital staff over the past few years, said Susan Anderson, OSMH's vice-president of finance and chief financial officer.[...]
SMH sick days rise Saturday, March 6, 2010 @ 7:15AMAdding to Orillia Soldiers' Memorial Hospital's $6.9-million deficit is a high increase in sick days taken by full-time hospital staff over the past few years, said Susan Anderson, OSMH's vice-president of finance and chief financial officer.[...]
For council employees to perform better Saturday, March 6, 2010 @ 7:15AMA course aimed at achieving better performance from councils’ employees was launched this morning by the Parliamentary Secretary for Local Councils Chris Said.
For council employees to perform better Saturday, March 6, 2010 @ 7:15AMA course aimed at achieving better performance from councils’ employees was launched this morning by the Parliamentary Secretary for Local Councils Chris Said.