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Financial Industry News
  • Allianz CEO cautious on Europe stimulus plans Programmes to spur the economy ineuro zone debtor countries are risky if they are financedthrough more deficit spending, the chief executive of Europe'sbiggest insurer, Allianz, said on Wednesday."If...
    May 8, 2012 11:14 PM
  • Bailout Milestone? Fannie Mae Says It Doesn't Need More Treasury Cash This Quarter The Bank Bailout's Ugly Stepsister: Fannie Mae Steve Schaefer Forbes Staff Treasury Says TARP Turning Into A Moneymaker Steve Schaefer Forbes Staff Freddie Mac Books Profit, Still Needs...
    May 9, 2012 3:44 AM
  • Fannie Mae Books Profit, Doesn?t Need More Taxpayer Dollars For Now The Bank Bailout's Ugly Stepsister: Fannie Mae Steve Schaefer Forbes Staff Treasury Says TARP Turning Into A Moneymaker Steve Schaefer Forbes Staff Freddie Mac Books Profit, Still Needs...
    May 9, 2012 7:59 AM
  • Hawthorn Bancshares Repays $12 Million of TARP Hawthorn Bancshares, Inc. (NASDAQ: HWBK), a financial services holding company, today repaid $12 million of its $30.2 million TARP obligation to the U.S. Treasury. In a transaction approved by...
    May 9, 2012 9:16 AM
  • Why Dick Lugar lost his primary fight Instant analysis of Indiana Sen. Dick Lugars crushing defeat at the hands of state Treasurer Richard Mourdock in Tuesdays Republican primary cast it as yet another example of a tea party-aligned...
    May 9, 2012 5:11 AM
  • Why Dick Lugar lost Instant analysis of Indiana Sen. Dick Lugars crushing defeat at the hands of state Treasurer Richard Mourdock in Tuesdays Republican primary cast it as yet another example of a tea party-aligned...
    May 9, 2012 2:05 AM
  • GAO Responds to Senators' Request on Energy Tax Policies WASHINGTON, May 8 -- The office of Sen. Olympia J. Snowe, R-Maine, issued the following news release: The U.S. Government Accountability Office (GAO) released a report in response to a request...
    May 8, 2012 11:54 PM
  • Meadowlands Landfill Solar Farm Dedicated NEWARK, N.J., May 8 -- Public Service Electric and Gas Company issued the following news release: Public Service Electric and Gas (PSE&G) today joined the New Jersey Meadowlands Commission (NJMC)...
    May 8, 2012 9:57 PM
  • The Metropolitan Transit Authority of Harris County today announced that the Federal Transit Administration has lauded METRO's on being in compliance with FTA requirements in its triennial review. Metropolitan Transit Authority of Harris County News Release METRO RECEIVES PERFECT SCORE FROM FTA NO DEFICIENCIES FOUND IN TRIENNIAL REVIEW METRO has pitched a perfect game. The Federal Transit...
    May 9, 2012 9:42 AM
  • Construction of modern abattoir in Wajir underway The project hopes to take in thousands of livestock produced in the Northern Eastern region (File)Construction of a modern export livestock slaughter house at a cost of 150 million shilling...
    May 9, 2012 3:23 AM
  • Toyota predicts a comeback By: Business News - UPI.com TOYOTA CITY, Japan, May 9 (UPI) -- Japanese automaker Toyota Motor Corp. said 2012 would be a year of recovery, projecting profits of $9.5 billion through March 2013....
    May 9, 2012 9:29 AM
  • CalHIPSO Enrolls Over 7,700 Providers in EHR Implementation Program, Hits Other Key Milestones After First Two Years /PRNewswire/ -- In a little more than two years, the California Health Information Partnership and Services Organization (CalHIPSO) has successfully developed the infrastructure needed to help...
    May 8, 2012 10:31 AM
  • New Research Report Wireless Health Market Forecasts to 2016 Published By MarketsandMarkets PRWEB.COM Newswire djp.ga_fill('300x250-Big-Box-PR'); Dallas, TX (PRWEB) May 09, 2012 The report Wireless Health Market (WLAN, WMAN, WPAN, Sensors, Smartphone, Tablet, PC, Mobile APPS) - Global...
    May 8, 2012 11:45 PM
  • Scott Walker Using $100 Million Of Taxpayer Money To Fight Off Recall? (Photo credit: Wikipedia) As Wisconsin Governor Scott Walker heads into the final stretch in his effort to hang onto his job, he is finding it increasingly more difficult to make his case honestly...
    May 9, 2012 9:00 AM
  • PM Raila bows to pressure from parliament Raila added that a preliminary report by the NSIS indicates it is likely there will be political violence in the next general elections calling for calmPrime Minister Raila Odinga bowed to pressure...
    May 9, 2012 6:23 AM
  • How Are U.S. Workers Using the Payroll Tax Cut? This study from Basit Zafar, Grant Graziani, and Wilbert van der Klaauw of the NY Fed shows that the payroll tax cuts in the stimulus package have been used mostly to pay off debt and add to...
    May 9, 2012 7:36 AM
  • Allianz Profit Lifted By Lower Claims; Confirms Target – Wall Street Journal Allianz Profit Lifted By Lower Claims; Confirms Target Wall Street Journal By Ulrike Dauer Of DOW JONES NEWSWIRES MUNICH (Dow Jones)Germany's Allianz SE (ALV.XE) said Wednesday that first-quarter...
    May 9, 2012 12:16 AM
  • OMB to Review EPA Rule on Waste Exemptions for Wipes WASHINGTON, May 8 -- The Automotive Service Association issued the following news release: Issues between industrial laundries and disposable towel makers, which compete for business among those...
    May 9, 2012 12:42 AM
  • EnergySolutions Announces First Quarter 2012 Results SALT LAKE CITY, UT, May 09 (Marketwire) -- EnergySolutions, Inc. (NYSE: ES) (the "Company"), a leading provider ofspecialized, technology-based nuclear services to government andcommercial...
    May 9, 2012 2:37 AM
  • Surge Energy Inc. Announces Record First Quarter 2012 Results; Doubling of Funds Flow per Share; Reiterates 2012 Production Guidance __________________________________________1  Management uses funds from operations (before changes in non-cash working capital) to analyze operating performance and leverage. Funds from operations...
    May 9, 2012 1:10 AM
  • Former IRS Employee Sentenced for Tax Fraud BOSTON, May 7 -- The U.S. Attorney for the District of Massachusetts issued the following news release: A former Internal Revenue Service supervisor was sentenced today on tax fraud charges. Michael...
    May 8, 2012 6:48 PM
  • Free EMR Saves Orthopedic Surgeons Practice Orthopedic hand surgeon Andrew Bronstein, MD, decided to invest in a legacy Electronic Medical Record (EMR) system to improve efficiency in his Las Vegas practice. After spending over $60,000...
    May 9, 2012 9:07 AM
  • Allianz Profit Beats Estimates After Disaster Claims Abate (Updates with supervisory board chairman election in 10th paragraph.)May 9 (Bloomberg) -- Allianz SE, Europes biggest insurer, said profit rose at least 53 percent in the first quarter as it...
    May 9, 2012 7:34 AM
  • Japan to provide $12.55 billion to operator of tsunami-ravaged nuclear plant TOKYO Japans government on Wednesday approved a 1 trillion yen ($12.55 billion) bailout for the operator of the disaster-hit Fukushima nuclear plant, putting the massive utility under temporary...
    May 9, 2012 3:35 AM
  • The Verizon Wireless Network Stands Ready For Hurricane Season More Than 2/3 of Southern U.S. Coastal Population Covered by 4G LTE NEW ORLEANS and BASKING RIDGE, N.J., May 9, 2012 /PRNewswire/ -- With less than a month to go until the start of the 2012 Hurricane...
    May 9, 2012 3:23 AM
  • Richard Lugar loses primary nomination to conservative challenger Richard Mourdock Republican Sen. Richard G. Lugar of Indiana, a 35-year member of the Senate and one of Washingtons leading experts on U.S. foreign policy, lost his bid for reelection Tuesday after a conservative...
    May 8, 2012 8:47 PM
  • New England Drug Rehab Urges Caution For Prom Season Prom season is a time of excitement for many of America's youth. However, statistics show that nearly one-third of the alcohol related automobile accidents involving teens occur during the period...
    May 8, 2012 6:48 PM
  • Venture Wins Minneapolis Tower Foreclosure auctions on commercial real estate usually are lonely affairs. The holder of the debt that is in default shows up and bids the amount owed. Typically there are no other bidders because...
    May 8, 2012 3:46 PM
  • Venture Pays $1 Over Debt To Win Minneapolis Tower Foreclosure auctions on commercial real estate usually are lonely affairs. The holder of the debt that is in default shows up and bids the amount owed. Typically there are no other bidders because...
    May 8, 2012 1:20 PM
  • The second coming of Compassionate Conservatism? It sounded, at first, like the return of Compassionate Conservatism. When it comes to programs that serve the poorest Americans, we need to meet our legal and moral obligations to lead, Rep....
    May 8, 2012 10:49 AM
  • CanWel Building Materials Announces First Quarter 2012 Financial Results - Revenues increase to $156 million - EBITDA(3) totals $2.3 million compared to ($2.8) million in Q1 2011 - Adjusted EBITDA(4) of $2.3 million versus ($786,000) in Q1 2011 VANCOUVER, BRITISH...
    May 8, 2012 10:10 AM
  • TREASURIES-Greek political fears push prices up * Greek leftists look to renege on bailout deal * U.S. Treasury auctions $32 billion of 3-year notes By Luciana Lopez NEW YORK, May 8 (Reuters) - U.S. Treasuries largely held onto early gains...
    May 8, 2012 10:08 AM
  • Ensurge, Inc. enters into heads of agreement to mine gold in Suriname /PRNewswire/ -- Ensurge, Inc. (Trading Symbol: ESGI) announced it has entered into a non-binding Heads of Agreement with privately owned Amery Trading, LLC to mine gold in the Sara Creek Region...
    May 9, 2012 3:23 AM
  • Japan Tourism Rides Out the Perfect Storm Garden of Kinkaku-ji in Kyoto (Art of Miyabi, Kitayama Bunka). (Photo credit: Wikipedia) Ive recently been fascinated with missions impossible in marketing. Heres one: getting tourists to visit...
    May 9, 2012 9:03 AM
  • Centamin plc Results for the Quarter Ended 31 March 2012 TORONTO, ONTARIO, May 09 (MARKET WIRE) --Centamin plc ("Centamin" or "the Company") (TSX:CEE)(LSE:CEY) is pleasedto announce its results for the three months to 31 March 2012. HIGHLIGHTS--...
    May 9, 2012 1:24 AM
  • Liquidity Services, Inc. to Acquire GoIndustry DoveBid 06:56 AM Eastern Daylight Time Acquisition enhances Liquidity Services' position as the leading reverse supply chain solution to Fortune 1000 corporations and expands its growing capital assets...
    May 9, 2012 1:11 AM
  • San Gold Reports 2012 Q1 Results WINNIPEG, MANITOBA, May 08 (MARKET WIRE) --San Gold Corporation (TSX:SGR)(OTCQX:SGRCF). With greatly improvedoperating cash flow and cash costs, and record gold production, theCompany is pleased...
    May 8, 2012 4:34 PM
  • The Job Training Mess President Obama was on the stump in Ohio last month claiming to have discovered a successful federal job training program in the town of Elyria. This deserves congratulations. As millions of...
    May 8, 2012 1:27 PM
  • D+H Reports First Quarter 2012 Results Stock Exchange Symbol: DH Website: www.dhltd.comTORONTO, May 8, 2012 /CNW/ - Davis + Henderson Corporation ("D+H") today reported its financial results for the three months ended March 31, ...
    May 8, 2012 11:27 AM
  • Finning Delivers Record Product Support Revenues in Q1 2012 and Confirms Strong Outlook VANCOUVER, BRITISH COLUMBIA, May 08 (MARKET WIRE) --Finning International Inc. (TSX:FTT) - Q1 2012 HIGHLIGHTS-- Revenue increased by 16% to $1.5 billion as market conditions remained ...
    May 8, 2012 10:36 AM
  • Public Urged to Participate in Consumer, Family & Youth Mental Health Conferences in May HONOLULU, May 7 -- The Hawaii Department of Health issued the following news release: May is Mental Health Month, and the Consumer, Family & Youth (CFY) Alliance is inviting the public to attend...
    May 8, 2012 11:32 PM
  • Media Release: Greening Whitsunday schools builds up jobseekersâ skills Minister for Education, Training and Employment The Honourable John-Paul Langbroek Media Release: Greening Whitsunday schools builds up jobseekers skills Eighteen Bowen and Proserpine jobseekers...
    May 8, 2012 11:25 PM
  • Wildfires! gets a thumbs-up from Directors Guild of Canada by: SooToday.com Staff NEWS RELEASE CANADIAN BUSHPLANE HERITAGE CENTRE **************************** Wildfires! A Firefighting Adventure in 4D receives film awards David Lickley and Rob Gagne...
    May 9, 2012 4:27 AM
  • The Verizon Wireless Network Stands Ready For Hurricane Season PR Newswire More Than 2/3 of Southern U.S. Coastal Population Covered by 4G LTE Press Release: Verizon Wireless 32 minutes ago Companies: RELATED QUOTES Symbol Price Change 0.00 NEW ORLEANS and BASKING...
    May 9, 2012 3:54 AM
  • HP Improves Printing Sustainability with HP Indigo Portfolio Press release from the issuing companyHP today announced product and program developments in its HP Indigo portfolio that will contribute to reducing the environmental impact of printing. Developments...
    May 9, 2012 12:45 AM
  • Rep. Fattah Announces $765,663 in College Readiness "Upward Bound" Grants for Penn, Community College of Philadelphia Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station...
    May 8, 2012 11:44 AM
  • KDC Solar and The Lawrenceville School Cut the Ribbon on Largest Solar Facility at a Secondary School in New Jersey Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station...
    May 8, 2012 11:44 AM
  • Schilling Outlines Long-Term Transportation Priorities WASHINGTON, May 8 -- Rep. Bobby Schilling, R-Ill. (17th CD), issued the following news release: Congressman Bobby Schilling (IL-17) today sent a letter to the Members of Congress responsible...
    May 8, 2012 11:50 PM
  • European electoral upheaval won't upend railway orders, says Bombardier By Ross MarowitsMONTREAL _ Electoral upheaval in Europe and the possibility that Mitt Romney will win the White House won't hurt Bombardier's chances to win new railway contracts, its transportation...
    May 8, 2012 10:14 AM
  • VODAFONE GROUP PLC: The Verizon Wireless Network Stands Ready For Hurricane Season /PRNewswire/ -- With less than a month to go until the start of the 2012 Hurricane Season, the Verizon Wireless network is prepared to serve customers in the event of a major storm or emergency...
    May 9, 2012 3:15 AM
  • Superhero Publishing Releases Brand New Article About Building Muscle PRWEB.COM Newswire djp.ga_fill('300x250-Big-Box-PR'); Thornwood NY (PRWEB) May 09, 2012 Jared DiCarmine, the owner of Superhero Publishing L.L.C. has just released a brand new article for people...
    May 8, 2012 9:45 PM
  • Press Release - A stronger economy for a fair Australia [08/05/2012] The 2012-13 Budget will keep the Australian economy among the strongest in the world. It will deliver four years of growing surpluses, real relief for cost of living pressures and major social...
    May 8, 2012 9:57 PM
  • Westport Reports First Quarter Fiscal 2012 - Press Releases ~ Quarterly Revenues Up 133% Year over Year ~ VANCOUVER , May 8, 2012 /PRNewswire/ - Westport Innovations Inc. (TSX: WPT) (NASDAQ: WPRT), the global leader in natural gas engines, today reported...
    May 8, 2012 2:34 PM
  • Westport Reports First Quarter Fiscal 2012 PR Newswire ~ Quarterly Revenues Up 133% Year over Year ~VANCOUVER, May 8, 2012 /PRNewswire/ - Westport Innovations Inc. "The numbers are compelling," said David Demers, CEO of Westport Innovations "Strong...
    May 8, 2012 11:00 AM
  • Westport Reports First Quarter Fiscal 2012 ~ Quarterly Revenues Up 133% Year over Year ~ VANCOUVER, May 8, 2012 /PRNewswire/ - Westport Innovations Inc. (TSX: WPT) (NASDAQ: WPRT), the global leader in natural gas engines, today reported...
    May 8, 2012 10:24 AM
  • Health-Lifestyles News Advisory as of 1 p.m. ET Wednesday, May 9 Wednesday, May 9, 20121 p.m.HEALTH-LIFESTYLES NEWS ADVISORYHere are the Health-Lifestyles stories from The Canadian Press as of 1 p.m. ET. Coverage plans are included when available. Entries...
    May 9, 2012 7:00 AM
  • Top News Advisory as of 12 p.m. Wednesday, May 9, 2012 Wednesday, May 9, 201212 p.m.TOP NEWS ADVISORYHere are the latest Top News stories from The Canadian Press. All times are Eastern unless otherwise stated. Coverage plans are included when available....
    May 9, 2012 6:04 AM
  • Business News as of 6:30 p.m. ET Tuesday, May 86:30 p.m. ETBUSINESS NEWS ADVISORYHere are the top Business News stories from The Canadian Press as of 6:30 p.m. ET. All times are Eastern unless otherwise stated. Coverage plans...
    May 8, 2012 12:36 PM
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