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Financial Management Services News

  • Expect a hydro bill shocker Saturday, July 31, 2010 @ 6:12AMIt's the summer of price hikes. Harmonized sales tax. Eco fees. A billing error by Enbridge costing tens of thousands of people on a fixed-rate plan anywhere between $400 to $1,300 on their gas bills. And now, another price shock is about to hit pocket books.[...]
  • Microsoft and Talal Abu-Ghazaleh Organization Sign a Strategic Technical Partnership Agreement Saturday, July 31, 2010 @ 5:58AM------ Microsoft and Talal Abu-Ghazaleh Organization Talal Abu-Ghazaleh Organization ( TAG-Org TAG-Org ) signed a partnership and technical cooperation agreement in the presence of Mr. Talal Abu-Ghazaleh, chairman of the United National Global Alliance for ICT and Development (UN-GAID), TAG-Org TAG-Org chairman and CEO and Director of Microsoft, Jordan Ms. Rula Al-Amouri..
  • Wealthy Dallas brothers become SEC fraud target Saturday, July 31, 2010 @ 5:57AMAUSTIN, Texas (AP) -- Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.
  • Low market activity hits Macquarie Saturday, July 31, 2010 @ 5:56AMMacquarie Group said its major businesses may not meet their fiscal 2010 earnings results.
  • Macquarie June qtr ahead Saturday, July 31, 2010 @ 5:53AMMacquarie says earnings in the June quarter were slightly ahead of a subdue prior corresponding period.
  • AWB to merge with GrainCorp Saturday, July 31, 2010 @ 5:52AMAgribusinesses GrainCorp Ltd and AWB Ltd will merge to create one of Australia's largest agribusinesses.
  • SynCo Bio Partners extends collaboration with Versartis Friday, July 30, 2010 @ 4:36AMSynCo Bio Partners today announced an extension of its successful collaboration with Versartis, Inc. following the recent initiation of a Phase 1 clinical trial in type 2 diabetes mellitus (T2DM) patients with monthly dosing of VRS-859. This news comes less than 12 months since the parties entered into a strategic partnership to manufacture Versartis' lead product VRS-859 (exenatide-XTEN).
  • New rules restrict credit counselors Friday, July 30, 2010 @ 4:31AMThe North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
  • Forex: GBP/USD bullish towards 1.5775-5830 - Deltastock Friday, July 30, 2010 @ 4:28AMFXstreet.com (Barcelona) - Pound's rally from 1.5120 low last week extended above 1.5600 to consolidate at 2-months high below 1.5650 with the pair bullish targeting 1.5775-5830 area, according to Stoyan Mihaylov, technical analyst at Deltastock .com.
  • Ex-Citigroup CFO pays $100,000 to settle SEC sub-prime charge Friday, July 30, 2010 @ 4:25AMThe former CFO of Citigroup has paid $100,000 (£64,000) to settle SEC charges alleging misleading statements in an SEC filing relating to the company's exposure to sub-prime mortgae related assets.
  • Kimball Office Recognized by Office Furniture Dealers Alliance (OFDA); Receives OFDA Bronze Aligned Manufacturer of ... Thursday, July 29, 2010 @ 1:16PMJASPER, Ind.----For the second year in a row, Kimball ® Office, a brand unit of Kimball International, Inc. , has been recognized by the Office Furniture Dealers Alliance as an outstanding manufacturer.
  • MTA moves ahead with hikes, layoffs Thursday, July 29, 2010 @ 1:15PMTWU Local 100 Station Division VP Maurice Jenkins, left, Assemblyman David Weprin and ATU Local 1056 VP Mark Henry at last Friday’s press conference. PHOTO BY MICHAEL CUSENZA
  • KISD board votes on next year's budget Thursday, July 29, 2010 @ 1:14PMThe Kerrville Independent School District board unanimously voted to adopt the 2010-11 balanced budget at its meeting Tuesday night, keeping the same tax rate as last year’s budget — $1.18 per $100 valuation.
  • Forex: USD/JPY falls to 86.54, 1-week low Thursday, July 29, 2010 @ 1:13PMFXstreet.com (Córdoba) – The Yen rose further across the board and reached a 1-week high against the Dollar. USD/JPY broke below 86.70 and fell to 86.55, fresh daily low.
  • Amazon downsizes Kindle, offers Wi-Fi-only version Thursday, July 29, 2010 @ 1:11PMAmazon announced a third generation of its Linux-based Kindle e-reader, featuring a lighter and smaller body, a screen claimed to have 50 percent better contrast, and a battery life of up to one month.
  • SFN Group Announces Second Quarter 2010 Financial Results Wednesday, July 28, 2010 @ 10:27PMFORT LAUDERDALE, Fla., July 28 -- SFN Group Inc. (NYSE:SFN) today announced financial results for th...
  • Water management: Blocked pipes Wednesday, July 28, 2010 @ 10:24PMStop the polemics, start saving for the future, says MNS Thursday, July 29th, 2010 10:24:00 THE Malaysian Nature Society Selangor (MNS) supports a speedy end to the deadlock between the Federal and State governments over Selangor’s water supply in favour of a sustainable resource management. We urge them to be more flexible in their demands.
  • Economy Slowly Builds Steam, Stays Far From Boiling Point Wednesday, July 28, 2010 @ 10:23PMAn index tracking the San Diego economy rose two-tenths of a percent in June for the 15th consecutive monthly increase, but the future outlook isn’t too positive, according to a July 28 report.
  • Key Energy Services Announces Second Quarter 2010 Results Wednesday, July 28, 2010 @ 10:22PMKey Energy Services, Inc. generated second quarter revenue of $339.0 million, an increase of 12% compared to the first quarter 2010, and a net loss of $2.2 million, or $0.02 per fully diluted share, compared to a first quarter net loss of $7.6 million, or $0.06 per fully diluted share.
  • Sanusi: No Cause for Alarm on National Economy Wednesday, July 28, 2010 @ 10:19PMGovernor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, yesterday did a critical review of the national economy at the meeting of the Federal Executive Council (FEC) and concluded that there was no cause for alarm.
  • Water management: Blocked pipes Wednesday, July 28, 2010 @ 10:18PMTHE Malaysian Nature Society Selangor (MNS) supports a speedy end to the deadlock between the Federal and State governments over Selangor’s water supply in favour of a sustainable resource management. We urge them to be more flexible in their demands.
  • ABC board presses for accountability Wednesday, July 28, 2010 @ 10:18PMMARK HIBBS
  • IMA Launches New Website to Support Accounting Community Wednesday, July 28, 2010 @ 10:46AMMONTVALE, N.J.--(BUSINESS WIRE)--The Institute of Management Accountants (IMA) IMA launches new website to support accounting community
  • Tuesday's Stock in Focus: China Direct Industries -- July 27, 2010 Tuesday, July 27, 2010 @ 7:38AMMIAMI, FL--(Marketwire - 07/27/10) - Stock Market Alerts' performance stock list includes: China Direct Industries, Inc. (NASDAQ: CDII - News ), Alcoa, Inc. (NYSE: AA - News ), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX - News ) and Newmont Mining Corporation (NYSE: NEM - News ). To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the ...
  • Global Immune Technologies Inc. Engages Fullerton Group, Inc. for Public Awareness Tuesday, July 27, 2010 @ 7:36AMSEATTLE, WA--(Marketwire - July 27, 2010) - Global Immune Technologies Inc. ( PINKSHEETS : GIMU ), an acquisition and technology management company that acquires small and medium-sized private technology enterprises, announces that it has retained Fullerton Group Inc. for investor relations and financial communications services.
  • AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2010 Tuesday, July 27, 2010 @ 7:36AMBOSTON----Affiliated Managers Group, Inc. today reported its financial and operating results for the quarter and six months ended June 30, 2010.
  • Forex: CAD/JPY jumps up to 84.30 Monday, July 26, 2010 @ 8:58PMFXstreet.com (Barcelona) - The Canadian dollar is strengthening against the Japanese yen this morning over Asia after the Japanese corporate service price came in just under expectations. Currently the CAD/JPY trades at 84.26 after reaching a high of 84.35 just prior.
  • Labor stands by its economic record Monday, July 26, 2010 @ 8:57PMLABOR is standing by its economic record despite a new opinion poll showing voters regard the coalition as the better managers.
  • With Alfred Berkely on Board, Knewco Reaches $4.3M - cbl Monday, July 26, 2010 @ 8:42PMBy citybizlist StaffBETHESDA -- According to an SEC filing, Knewco, Inc. has completed a $1.2 m...
  • Jacobs Engineering Group Inc. Reports Earnings for the Third Quarter of Fiscal 2010 Monday, July 26, 2010 @ 8:37PMJacobs Engineering Group Inc. announced today its financial results for the third quarter of fiscal 2010 ended July 2, 2010.
  • Knewco Reaches $4.3M in Financing - cbl Monday, July 26, 2010 @ 8:34PMBy citybizlist StaffBETHESDA -- According to an SEC filing, Knewco, Inc. has completed a $1.2 millio...
  • Omni Capital and GIV Porftolio Co. Knewco Reaches $4.3M - cbl Monday, July 26, 2010 @ 8:30PMBy citybizlist StaffRADNOR, Pa. -- According to an SEC filing, Knewco, Inc. has completed a $1.2 mil...
  • Forex: AUD/JPY consolidates around 78.30 Monday, July 26, 2010 @ 8:28PMFXstreet.com (Córdoba) - The Aussie is slightly lower against the Japanese currency following the Nikkei opening. The pair trades around 78.30 after closing the American session at the 78.40 zone.
  • Organisational Changes at Pernod Ricard Monday, July 26, 2010 @ 3:00AMPARIS----Regulatory News:
  • World Firewall Products Market - Evolution to Fourth Generation Firewalls Monday, July 26, 2010 @ 3:00AMReportlinker.com announces that a new market research report is available in its catalogue:
  • Forex: European markets jump higher, banking sector strong Monday, July 26, 2010 @ 2:58AMFXstreet.com (Barcelona) - Euro-shares were dragged higher in early trading on Monday, as braver investors eyed on bid higher after the stress tests shrank pessimism, giving way to increase the support towards the banks, today's best performing sector so far.
  • EU Tests May Be ‘Missed Opportunity’ to Fortify Banks Monday, July 26, 2010 @ 2:54AMEuropean Union stress tests found banks need to raise 3.5 billion euros ($4.5 billion) of capital, about a tenth of the lowest analyst estimate, leaving doubts about whether regulators were tough enough.
  • Forex: GBP/USD: Allow for further gains to 1.5525/60 - Commerzbank Monday, July 26, 2010 @ 2:43AMFXstreet.com (Barcelona) - The Pound remains trading higher, supported by improved market confidence, and moving at 3-month highs above 1.5470, with room for further appreciation, according to Karen Jones, technical analyst at Commerzbank.
  • Cargojet sells out to Skylink Monday, July 26, 2010 @ 2:30AMPrince Edward Air (PEAL), a subsidiary of Cargojet Income Fund, has sold its 55 percent interest in the Cargojet Regional Partnership to SkyLink Express (SL Express) for $3.2 million.
  • QNB inaugurates first branch in Mauritania Sunday, July 25, 2010 @ 7:28AM25 July 2010 Qatar National Bank Qatar National Bank ( QNB QNB ), the leading financial institution in the State of Qatar and one of the largest Banks in the MENA region, announced the opening of its first branch in Mauritania, located in the country's capital and largest city Nouakchott.
  • Global hosts members of "The Protégés" Sunday, July 25, 2010 @ 7:28AM25 July 2010 Global Investment House (Global) hosted members of "The Protégés" programme on Wednesday 21 July 2010. The purpose of the visit was to provide the members with firsthand experience of the work environment at Global and update them on the international economy.
  • Know difference between employee, contractor Sunday, July 25, 2010 @ 7:26AMDoes your business have work that needs to be done but you're not sure whether to hire a new employee to do it?
  • State fills 'critical' vacancies Sunday, July 25, 2010 @ 7:23AMThe department of Correctional Services has lifted a two-year moratorium on new jobs.
  • SKS Microfinance IPO: Invest Saturday, July 24, 2010 @ 1:33PMHigh capital adequacy ratio, strong risk-management systems and a diversified sector and geographic profile augur well. Loans aredisbursed to non-farm businesses.
  • Drug giant on the move Saturday, July 24, 2010 @ 1:21PMSalt Lake City-based NPS Pharmaceuticals Inc. has sold its Mississauga manufacturing and laboratory facility to Transglobe Property Management Services. The sale of the building at 6850 Goreway Dr. in Malton is expected to net approximately $4 million.
  • Council Approves Lawsuit Settlement Saturday, July 24, 2010 @ 12:11PMThe Pleasanton City Council voted 4 to 0 to move forward with a tentative agreement settlement with Urban Habitat, Public Advocates and the state Attorney General’s office.
  • Wilmington Trust walloped by bad loans Saturday, July 24, 2010 @ 12:02PMA sharp spike in troubled loans during the second quarter gave Wilmington Trust its fifth consecutive quarterly loss, a $121 million hit that more than tripled its net loss for the first quarter of 2010.
  • Homeless given shelter Saturday, July 24, 2010 @ 2:46AMFamily Promise uses host churches to take in, offer hope to its clients Group's name changes but mission is same
  • Busch keeps grip despite the sale Saturday, July 24, 2010 @ 2:38AMJAMES CITY — Busch Properties Inc. bucked conventional wisdom this month by retaining its 5-4 majority on the homeowner board.
  • Reasons behind huge deficit identified Saturday, July 24, 2010 @ 2:36AMFinance Secretary Cesar V. Purisima said that the increase in the budget deficit in January to June this year was due to capital outlays for fast-tracked infrastructure projects, subsidies to government agencies and funds for El Niño mitigation activities. In a statement, the Department of Finance chief said the programmed deficit ceiling of P145.2 billion was exceeded after expenditures in the ...