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Financial Industries Corp.
Financial Industries is a holding company. Through its subsidiary, Investors Life Insurance Company of North America Investors Life, Co. markets and sells life insurance products...
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FSA Asks For Market Abuse Sanctions Speed Up
LONDON (Reuters UK) - The financial watchdog is disappointed at the government's slowness in granting it new powers to combat market abuse, including the ability to grant immunity from prosecution in exchange for evidence, it said. Chancellor Alistair Darling said in March that the government...
Tags: Bank, Financial, FSA, Financial Accounting, Finance, Oukbs
News items 2008-05-06
Pan Am Officially Loses Its Right to Fly
You're probably thinking to yourself, "Hmm, isn't this headline more than 15 years too late?" Sure, if you're talking about the original Pan Am. But the latest version, #4, if you will, has finally, officially, been put out of its misery. If you ever want to learn...
Tags: Financial, Financial Accounting, Finance, Brett Snyder
Blog posts 2008-05-09
Allianz Mulls Purchase of E.ON Grid
FRANKFURT (Reuters UK) - German insurer Allianz ALVG is considering a purchase of German utility E.ON's EONG high-voltage grid, according to a report in a German daily. The insurer's infrastructure team was in intense preparations of an upcoming sales process, Financial Times Deutschland said, quoting...
Tags: Financial, Grid, Allianz, Financial Accounting, Finance, Oukbs
News items 2008-05-06
Bank Urged to Improve Crisis Response
LONDON (Reuters UK) - The Bank of England needs to improve its handling of financial stability and communications, MPs said on Wednesday, as pressure grows on financial authorities to bolster how they deal with crises. The Bank, the government and Financial Services Authority have faced...
Tags: Bank, Financial, Governor, Parliament, Financial Accounting, Financial Services, Finance, Oukbs
News items 2008-05-07
FSA Says ID Fraud Underestimated
By Jennifer Hill LONDON (Reuters UK) - Financial services companies must change their attitude to security to curb the rise in identity fraud, the City watchdog said on Thursday. The Financial Services Authority FSA issued the warning following a review of data security systems and controls...
Tags: Financial, Identity Fraud, FSA, Financial Accounting, Finance, Oukbs
News items 2008-04-23
Paulson Says Markets Emerging From Crunch: Report
NEW YORK (Reuters) - U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street Journal. "I do believe that the...
Tags: Financial accounting, brink, U.S. Department of Treasury, economist, secretary, mortgage-backed security, Balanced Scorecard, financial, New York, financial market, liquidity, Bush Administration, Thomson Reuters Corp.
News items 2008-05-06
NSW Vows to Keep Lane Cove Tunnel Open
NSW Roads Minister Eric Roozendaal says Sydney's Lane Cove tunnel will remain open regardless of the financial status of its operator.Credit ratings agency Moody's has issued a warning that the tollway operator Connector Motorways could face a debt crisis by the end of 2009, because it is attracting insufficient...
Tags: Australian Associated Press Pty Ltd., Financial, Tunnel, Sydney, NSW Roads Minister Eric Roozendaal, Financial Accounting, Finance, AAP
News items 2008-05-09
3 Simple Principles Of financial Decision Making
Do decisions about where to spend or invest the money make paralyzed? Take fear and stress out of the decision-making process by increasing your knowledge in three key areas. This paper explains three principles about financial decision making. The financial decision process moves to the specific investment or strategy itself....
Tags: Financial accounting, financial, decision-making, tax, knowledge, strategy
White papers 2008-04-05
George Soros Puts the Bite on Markets
George Soros knows financial markets -- it's how he got to be a billionaire. So when he starts pointing out fundamental flaws in today's markets and calls for reform, he's doing it from within the machine. Soros has a new book out, "The New Paradigm for Financial...
Tags: Mortgages, Financial accounting, Investment, Michael Fitzgerald, George Soros
Blog posts 2008-05-06
ILFC Considering Split-up From Insurer AIG
NEW YORK (Reuters UK) - International Lease Finance, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter. Officials at ILFC, a...
Tags: Financial, Insurance Company, ILFC, Insurance, Financial Accounting, Business Operations, Corporate Insurance, American International Group Inc.
News items 2008-05-11
ILFC Considering Split-up From Insurer AIG: Report
NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter....
Tags: Insurance, Financial accounting, International Lease Finance Corp., insurance company, split, New York, quarterly loss, financial, leasing, aircraft, Thomson Reuters Corp., income, agency, shareholder, asset
News items 2008-05-11
Legg Mason Manager Sees End of Panic, Start of Value
Bill Miller famously outperformed the S&P 500 for the first 15 years he managed Legg Mason's Value Fund. Almost as famously, he has underperformed that benchmark for the last two years. Now he's sticking his neck out and saying the worst is likely over in the financial sector. For...
Tags: Financial, Legg Mason Inc., Equity, Miller, Financial Accounting, Investment, Financial Services, Finance, Kevin Kelleher
Blog posts 2008-04-24
FSA Warns Mutual Lenders on Crunch
LONDON (Reuters UK) - The financial watchdog warned building societies to do more to test their business models against extreme strains like the current liquidity crunch, with some still too slow to react to months of turmoil. The financial sector has been shaken by the near-collapse...
Tags: Lender, Financial, FSA, Financial Sector, Northern Rock, Corporate Governance, Financial Accounting, Corporate Law
News items 2008-05-07
Dairy Firm Robert Wiseman Warns on Profits
LONDON (Reuters UK) - Scottish dairy group Robert Wiseman RWD said on Monday profits this financial year would be hit by a combination of rising energy and wage costs and a delay in increasing selling prices. The group said the costs and delays could hit operating...
Tags: Financial, Operating Profit, Financial Accounting, Finance, Oukbs, Robert, Wiseman
News items 2008-05-12
Thomson Reuters Posts Profit, Updates Savings Goal
By Robert MacMillan NEW YORK (Reuters) - Global news and information company Thomson Reuters Corp TRI TRIL forecast 2008 revenue growth of 6 to 8 percent and said it would reach a cost-savings target ahead of schedule, sending its shares up about 5...
Tags: Financial accounting, Financial services, Investment, cost savings, information company, operating profit, Thomson Corp., investment banking, Thomson Reuters Corp., financial service, tax, London, financial, professional services, earnings report, financial market, profi
News items 2008-05-01
Nassim Taleb Thinks Everyone Is Stupid
Wall Street's ability to plan for risk is a joke, as far as Nassim Nicholas Tasseb is concerned. Tasseb tells Fortune in Fear of a Black Swan that as "portfolio models got worse and worse in tracking reality, their use kept increasing as if nothing was...
Tags: Theory, Financial, Wall, Nassim Taleb, Wall Street, Tasseb, Financial Model, Construction, Financial Accounting, Finance, Michael Fitzgerald
Blog posts 2008-05-14
Warburg Pincus Says to Buy Safetykleen From Rival
LONDON (Reuters UK) - U.S.-based buyout firm Warburg Pincus WP said it agreed to buy a majority stake in UK-based Safetykleen Europe from rival JP Morgan Partners in a deal valuing the business at around 565 million pounds. The deal to buy the industrial cleaning services...
Tags: Warburg Pincus, Mergers & Acquisitions, Financial Accounting, Asset Management, Investment, Finance, Operational Planning, Financial
News items 2008-04-30
Economy to Grow By 1.8 Percent in 2008
LONDON (Reuters UK) - The economy will slow sharply this year as consumers tighten their belts, a leading thinktank warned on Friday. The National Institute of Economic and Social Research forecast Britain would grow by just 1.8 percent in 2008 after 3.0 percent last year....
Tags: Growth, Financial, Government, Financial Accounting, Vertical Industries, Finance, Enterprise Software, Software
News items 2008-05-01
Homeowners Fell Prey to Abusive Lending: Plosser
BLUE BELL, Pennsylvania (Reuters) - The current economic environment shows the need for improved financial literacy since many homeowners have fallen prey to abusive lending practices in the recent subprime debacle, Federal Reserve Bank of Philadelphia President Charles Plosser said on...
Tags: Financial accounting, Blue Bell, Federal Reserve Bank of Philadelphia, Pennsylvania, homeowner, debacle, Federal Reserve Board, financial, Balanced Scorecard, agreement, financial system, financial market, liquidity, president, environment, Thomson Reuters Corp., bank
News items 2008-04-16
Paulson Cites Progress in Calming Markets
By Glenn Somerville and David Lawder WASHINGTON (Reuters) - Treasury Secretary Henry Paulson cited encouraging signs of progress in calming financial markets, which he said made it possible to turn more attention to measures aimed at stimulating a slowing economy. "I'm not going...
Tags: Mortgages, Financial accounting, Treasury Secretary, mortgage, financial market, Washington, capital market, Thomson Reuters Corp., financial
News items 2008-04-24
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