This paper shows that bilateral asset holdings and trade in goods are strongly correlated. The causality can run in both ways: it could be that an asset holding enhances trade in goods and/or that trade in goods enhances asset holdings. This relationship raises the question about the robustness of the...
UP Barclays 167p (up 20.5p, 13.99 per cent) Relieved by Citigroup rescue; cheered by new Fed moves to tackle mortgage debts. Royal Bank of Scotland 53.6p (up 2.8p, 5.51 per cent) Sector rallies; Citigroup says "buy". BSS 271.75p (up 13.5p, 5.23...
Symantec Corp. (NASDAQ: SYMC),makers of Norton security software, today announced the availability of Norton AntiVirus 2009 GamingEdition , a new offering designed specifically with the gaming communityin mind. From protecting assets earned on massive multi-player games tokeeping malware at bay, Norton AntiVirus 2009 Gaming Edition is fast andlight...
Visiphor Corporation ("Visiphor") (OTCBB: VISRF) (TSX-V: VIS) (XETRA: IGYA) announced that it has received demandsfor payment and notices of intention to enforce security from QuorumSecured Equity Trust and Quorum Investment Pool Limited Partnership(collectively "Quorum"). After a period of 10 days Quorum will be in aposition to take steps to enforce...
CEO to Discuss the Company's Underground Infrastructure Asset Management Technologies PITTSBURGH -- Geospatial Holdings, Inc. (OTC BB: GSPH) today announced that Mark Smith, the Company's Chairman and CEO will participate in the New York Society of Security Analysts' 12th Annual Water Utility Conference to be held in New...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of B+ Good and the issuer credit rating of "bbb-" of Century Insurance Co., Ltd. CIC Saipan Northern Mariana Islands. The outlook for both ratings is stable. The ratings reflect CIC Saipan's solid market position in...
* Package of support halts share slide at bank that holds $306bn in toxic assets THE US government made a drama-tic intervention yesterday to salvage Citigroup, once the world's largest bank, by pledging to invest $20bn (13bn) and to guarantee against losses from toxic assets at...
WHEELING, W.Va., Nov. 24 /PRNewswire-FirstCall/ -- WesBanco, Inc. today announced a quarterly cash dividend to be paid to its shareholders of $0.28 per common share. Paul M. Limbert, President and Chief Executive Officer of the multi-state bank holding company headquartered in Wheeling, West Virginia, said that the...
SCOTTSDALE, Ariz. -- RSC Equipment Rental, Inc., the operating entity for RSC Holdings Inc. (NYSE: RRR), one of the largest equipment rental providers in North America, announced today that Robert C. Fox II, a seasoned human resources executive with considerable experience in leadership development and succession planning gained during over...
WAYNE, Pa. -- Willow Financial Bancorp, Inc. (the "Company") (Nasdaq/NMS:WFBC), the holding company for Willow Financial Bank (the "Bank"), announced that its Board of Directors, declared a $0.115 cash dividend on each share of common stock of the Company, payable on December 5, 2008 to shareholders of record at the...
DEERFIELD, Ill. -- Mark P. Frissora, Chairman and CEO of Hertz Global Holdings, Inc., has been nominated to the Walgreen Co. board of directors as an independent director. Shareholders will vote on his appointment at Walgreens Annual Shareholders Meeting on Jan. 14, 2009. "We look forward to welcoming...
LOS ANGELES -- Center Financial Corporation (NASDAQ:CLFC), the holding company of Center Bank, today announced it has received preliminary approval for $55 million of additional capital under the U.S. Treasury Department's Capital Purchase Program TARP. The pro forma effect of a $55 million TARP investment, which represents 3%...
Marketing technology company educates, encourages customers to bank online CHARLOTTE, N.C. -- MindBlazer, a marketing technology company that leverages interactive video and new media for the financial industry, announced its contract has been renewed with a top-twenty bank holding more than $100 billion in assets. MindBlazer will continue...
SAN FRANCISCO -- UCBH Holdings, Inc. (NASDAQ:UCBH), the holding company of United Commercial Bank (UCB[TM]), announced that it has been invited to present at the 2008 FBR Capital Markets Fall Investor Conference in New York City. The Company is scheduled to give a presentation discussing the business strategy and financial...
Acergy S.A. (NASDAQ: ACGY) (OSLO: ACY) todayannounced that with effect from November 21, 2008 Acergy S.A., a SociétéAnonyme Holding R.C.S. Luxembourg B 43172, registered address will be:412F, route d'Esch, L-2086 Luxembourg. Acergy S.A. is a seabed-to-surface engineering and construction contractorfor the offshore oil and gas industry worldwide. We plan, design...
OXFORD, Mich., Nov. 24 /PRNewswire-FirstCall/ -- Oxford Bank Corporation (BULLETIN BOARD: OXBC) , the holding company for Oxford Bank, today announced total operating results for the third quarter and first nine months of 2008. In the third quarter, the Corporation posted a net loss of $3,395,000 or...
NEW YORK, Nov. 24 /PRNewswire-FirstCall/ -- Clark Holdings Inc. (NYSE Alternext US, LLC: GLA; GLA.U; GLA.WS), a non-asset-based provider of mission-critical supply chain solutions, today announced that Clark Distribution Systems, Inc., its wholly owned subsidiary, has signed an agreement with American Media Inc. AMI to serve as exclusive single...
Aspen Exploration Corporation (OTCBB: ASPN) has,as previously announced, been investigating strategic alternatives for itsbusiness operations which may include holding its assets and continuing itsbusiness operations. Aspen has had a data room including information aboutits assets available in Santa Barbara, California and a number of companiesobtained information about Aspen's properties for...
OlympiaAsset Management LTD , a licensed, full service Broker Dealer offeringretail brokerage and investment banking services to retail andinstitutional clients, today announced that it will hold its annual dinneron December 19th, 2008 at the prestigious EmpireRooftop located at 44 West 63rd Street, 12th Floor, New York, NY 10023....
CHATTANOOGA, Tenn., Nov. 24 /PRNewswire-FirstCall/ -- Cornerstone Bancshares, Inc. (BULLETIN BOARD: CSBQ) today announced the following: Cornerstone Bancshares, Inc. Board of Directors announced the record date and payment date of Cornerstone's quarterly dividend. The dividend $.07 a share will be issued to shareholders of...
Articles 2008-11-24
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