an independent non-governmental body formed in 1997 following reforms in the regulation of financial services. Banking and investment services supervision was merged into the remit...
The happenings in the UK insurance market have not been very encouraging with scandals and failures that, on one hand eroded consumer confidence and on the other hand made the availability of safe and secure insurance availability a matter of chance. Such a milieu resulted in the British Government to...
University student outcome data in Australia is collected via the Graduate Destination Survey component of the Australian Graduate Survey at the referent date three months post-graduation. This timeline gives consideration to graduates to enter directly into traditional vocations. For graduates from non-traditional areas and/or with non-traditional career...
CAREER ENDEAVOUR: PURSUING A CROSS-CULTURAL LIFE TRANSITION Charles P. Chen, hampshire: Ashgate Publishing Limited, 2006, 164pp., ISBN 978-0-7546-4621-1 Charles Chen states that the purpose of this book is to illustrate the complexity of life career transition in the context of cross-cultural adjustment. To...
Haley Limited, the world leader in policyautomation, management and enforcement, today announced the appointment offinancial services technology executive Matthew Nestor as strategic accountdirector. Based in the banking hub of Charlotte, North Carolina, Nestor isworking with lending institutions to design and deliver solutions thatimprove loan underwriting, credit quality, and due diligence....
Business Credit Services, Inc., a pioneeringprovider of financial solutions for small business owners, today announcedthree new programs aimed at helping new and existing businesses get theadvice and financial support they need to thrive in a difficult economy.The initiatives -- SmallBusinessConsulting.com, the BCS Angel Network, andthe BCS Affiliate Program -- leverage...
NEW YORK -- Morgan Stanley (NYSE: MS) confirmed today that it has been retained by the United States Department of the Treasury to provide capital markets advice to support the Treasury's responsibilities associated with its new authorities regarding Fannie Mae and Freddie Mac. As part of that assignment, Morgan Stanley...
SAN FRANCISCO -- Fitch assigns an underlying 'A+' rating to $66.7 million Modesto Public Financing Authority (Stanislaus County, California) lease revenue refunding bonds, series 2008. The Rating Outlook is Stable. The bonds are expected to sell via negotiation on Aug. 28, 2008. The bonds are secured by lease...
Action-Packed New Novel Follows a Man Determined to Preserve His Family's Safety at All Costs PEACHTREE CITY, Ga., Aug. 5 /PRNewswire/ -- The year is 1981, and Stefano DiTommaso has a big problem: his family debt. Monetary problems might be the first thing to come to mind,...
NEW ORLEANS -- Blackwater Midstream Corp. (OTCBB:BWMS), a liquid petroleum and chemical terminal storage company, announced today that it has completed the private placement of approximately $4.2 million of common stock to accredited and offshore investors. Falcon Securities UK Limited, a member of the London Stock Exchange and a company...
JOHANNESBURG, South Africa, Aug. 4 /PRNewswire-FirstCall/ -- In accordance with the United Kingdom's Financial Services Authority's Disclosure (FSA's) and Transparency Rules, Sappi advises that its issued share capital comprises 239,071,892 ordinary shares of R1.00 each. Of that number, the Company holds 9,892,461 shares in Treasury through a...
The Financial Services Authority FSA has fined Hastings Insurance Services 735,000 for failing to treat cus- tomers fairly in relation to the cancellation of 4,550 incorrectly priced car insurance policies. Last summer, due to an internal system error, the broker provided inaccurate quotes that resulted in some...
The banking arm of Liverpool Victoria friendly society has been fined 840,000 by the Financial Services Authority FSA over the way in which it sold payment protection insurance PPI. Chief among the failings exposed by the City regulator was the routine practice by Liverpool Victoria sales staff...
The UK financial markets watchdog has been unable to prove that short sellers deliberately trashed HBOS shares to profit illegally from the falling price, but said there is "no doubt" that false rumours were spread through the market in March. The Financial Services Authority FSA has called...
LIVERPOOL VICTORIA, the UK's largest friendly society, was fined 840,000 and ordered to pay millions of pounds in compensation yesterday for breaching regulations during its sale of almost 15,000 payment protection insurance policies between 2005 and 2007. The company sold the policies to customers who took out...
MONTERREY, Mexico -- CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it has reached an agreement to sell its Austrian and Hungarian operations to Strabag SE, one of Europe's leading construction and building materials groups, for [euro]310 million Euros (approximately US$485 million dollars). Closing of the transaction is subject...
WAYNE, Pa. -- Internet Capital Group, Inc. (NASDAQ:ICGE) today announced that its Board of Directors has authorized the Company to implement a share repurchase program pursuant to which ICG may repurchase up to $20 million of its outstanding shares of common stock. "This repurchase program highlights our confidence...
Board of Directors Authorizes $200 Million Share Repurchase Company Expects Full-Year Results in Upper Half of Earnings Guidance Range AVON, Conn. -- Magellan Health Services, Inc. (Nasdaq:MGLN) today reported net income of $21.9 million, or $.54 per diluted common share, and segment profit of $55.4 million...
THE FINANCIAL Services Authority carried out a series of dawn raids yesterday, which resulted in eight arrests relating to an alleged insider dealing ring. In a separate move as it intensifies its crackdown on market abuse, the UK watchdog charged two men with insider dealing. The FSA...
- Earnings Per Share In-Line with Management Expectations - - Total Share Repurchase Authorization Increased to Five Million Shares - - Revenue Guidance Range Narrowed - GOLDEN, Colo. -- Health Grades, Inc. (NASDAQ: HGRD), the leading independent healthcare ratings company, today reported financial results...
* First quarter revenue of $42.5 million increased 14% year-over-year * Commenced work with 7 new clients in the first quarter * Board authorizes share repurchase program of up to $15 million of common stock WESTBOROUGH, Mass. -- Virtusa Corporation (NASDAQ: VRTU), a global...
Articles 2008-07-30
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