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  • Kazakhstan Turns to Sukuk as Eurobond Dropped: Islamic Finance Thursday, July 29, 2010 @ 8:14AMKazakhstan, the former Soviet republic that last sold international debt in 2000, is planning a debut Islamic bond sale to broaden its investor base after canceling a Eurobond offering last week.
  • Annapolis Bancorp Reports $2.3 Million Increase in Second Quarter Earnings Thursday, July 29, 2010 @ 8:12AMANNAPOLIS, Md.--(BUSINESS WIRE)--Annapolis Bancorp reports $2.3 million increase in second quarter earnings; year-to-date earnings up $3.4 million
  • Big Sugar sweetens Canal Days lineup Thursday, July 29, 2010 @ 8:09AMneup for the Canal Days Marine Heritage Festival in Port Colborne makes this year a star-studded event.[...]
  • UPDATE 3-Moody's reports higher second-quarter profit Thursday, July 29, 2010 @ 8:07AMUPDATE 3-Moody's reports higher second-quarter profit
  • AMB Property Corporation® Leases 336,600 SF in China Thursday, July 29, 2010 @ 8:05AMAMB Property Corporation® , a leading owner, operator and developer of global industrial real estate, today announced it has leased approximately 336,600 square feet of its China operating and development portfolio.
  • Annapolis Bancorp Reports $2.3 Million Increase in Second Quarter Earnings Thursday, July 29, 2010 @ 8:00AMANNAPOLIS, Md.----Annapolis Bancorp, Inc. , parent company of BankAnnapolis, today announced net income of $438,000 for the second quarter of 2010, an increase of $2,299,000 from a net loss of $1,861,000 in the second quarter of 2009.
  • AMR Agrees to Give Evidence Against Other Carriers, Including About Canada Thursday, July 29, 2010 @ 7:57AMAMR Corp. ’s American Airlines agreed to give evidence against other carriers and pay $5 million to a group of freight shippers to settle a New York class-action lawsuit over its role in a global price-fixing cartel.
  • Bulgaria's Revenue Agency Wants Access to Credit Records Thursday, July 29, 2010 @ 7:56AMBulgaria's revenue agents must have full access to the credit records of companies that have applied for business loans, the Director of NRA, Krasimir Stefanov, says.
  • South Korea Thursday, July 29, 2010 @ 7:54AMKey facts, figures and dates
  • Moody's reports higher second-quarter profit Thursday, July 29, 2010 @ 7:47AMBy Elinor Comlay
  • California's clean energy future threatened by federal delays, state officials say Wednesday, July 28, 2010 @ 3:22PMThe U.S. Department of Energy is accused of foot-dragging in approving loan guarantees to finance several major projects worth an estimated $30 billion. Plans for a massive expansion of clean energy in California are being jeopardized by federal foot-dragging, according to state officials who say that more than 20 nearly shovel-ready solar and wind projects are being held up by the U.S ...
  • American Perspective Bank Announces: Second Quarter 2010 Financial Results; Continued Profitability; Record Levels of ... Wednesday, July 28, 2010 @ 3:15PMAmerican Perspective Bank today announced second quarter and year to date financial results through June 30, 2010. Â In addition, the Bank is pleased to announce that it has recently opened its first branch office, in Santa Maria, California. Â The Bank completed changing its name from American Principle Bank to American Perspective Bank during the second quarter of 2010.
  • Editorials from around Pennsylvania Wednesday, July 28, 2010 @ 3:11PMLEGISLATIVE CORRUPTION: THE FRAYED THREAD:There is a troubling thread emerging from the ongoing legislative corruption prosecutions. And it should be considered a frayed thread, a troubling metaphor for what too many public servants consider "public service" to be.How many times have we heard from...
  • Fitch Downgrades Merrill Lynch Mortgage Trust 1998-C1-CTL Wednesday, July 28, 2010 @ 3:11PMNEW YORK----Fitch Ratings downgrades Merrill Lynch Mortgage Trust commercial mortgage pass-through certificates, series 1998-C1-CTL, as follows:
  • Capstead Mortgage Corporation Announces Second Quarter 2010 Results Wednesday, July 28, 2010 @ 3:10PMDALLAS----Capstead Mortgage Corporation today reported net income of $29,759,000 or $0.35 per diluted common share for the quarter ended June 30, 2010. This compares to net income of $42,507,000, or $0.58 per diluted common share for the quarter ended June 30, 2009.
  • AllianceBernstein Income Fund Releases Monthly Portfolio Update Wednesday, July 28, 2010 @ 3:06PMAllianceBernstein Income Fund, Inc. today released its monthly portfolio update as of June 30, 2010.
  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update Wednesday, July 28, 2010 @ 3:06PMAllianceBernstein Global High Income Fund, Inc. today released its monthly portfolio update as of May 31, 2010.
  • DNB Financial Corporation Announces Second Quarter 2010 Earnings Wednesday, July 28, 2010 @ 3:05PMDOWNINGTOWN, Pa. -- DNB Financial Corporation , parent of DNB First, National Association, the oldest National Bank in the greater Philadelphia region, reported strong earnings for the second quarter of 2010.
  • Virtusa Announces First Quarter Fiscal 2011 Financial Results Wednesday, July 28, 2010 @ 3:05PMWESTBOROUGH, Mass.----Virtusa Corporation , a global information technology services company that provides IT consulting, technology implementation and application outsourcing services through an enhanced global delivery model, today reported financial results for the first quarter fiscal year 2011, ended June 30, 2010, inclusive of the acquisitions of both InSource, LLC and ConVista Consulting ...
  • Horace Mann Reports Results for Second Quarter Wednesday, July 28, 2010 @ 3:05PMHorace Mann Educators Corporation today reported net income of $23.0 million and $45.6 million for the three and six months ended June 30, 2010, compared to $18.6 million and $32.0 million for the same periods in 2009. Â Included in net income were net realized gains on securities of $8.3 million and $13.2 million for the three and six months ended June 30, 2010, respectively. Â In the same ...
  • Fitch Upgrades Uruguay's IDR to 'BB'; Outlook Remains Positive Wednesday, July 28, 2010 @ 8:58AMNEW YORK--(BUSINESS WIRE)--Fitch Ratings today has upgraded Uruguay's long-term foreign currency Issuer Default Rating (IDR) to 'BB' from 'BB-' and the long-term local currency IDR to 'BB+' from 'BB'. The Outlook on both ratings remains Positive. Fitch has also affirmed Uruguay's short-term IDR at 'B' and raised the Country Ceiling to 'BBB-' from 'BB+'. The upgrade reflects Uruguay's increased ...
  • Fitch to Rate Chile's Proposed 2020 Global Bonds 'A' Wednesday, July 28, 2010 @ 8:55AMNEW YORK--(BUSINESS WIRE)--Fitch Rating expects to assign an 'A' rating to Chile's proposed USD1 billion global bonds due 2020 and to the USD500 million equivalent of CLP-denominated bonds due 2020 as the currency of settlement is specified as USD. The ratings are in line with Chile's long-term foreign currency Issuer Default Rating (IDR) of 'A', which has a Stable Outlook. The proceeds will go ...
  • Fitch Publishes Report on Corporate Tax Reform Impact on Tech Sector Wednesday, July 28, 2010 @ 8:55AMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has published the special report 'Corporate Tax Reform Impact on Technology Sector', which looks at the potential impact to the U.S. Technology sector from proposed reforms to the international tax system. Specifically, the report looks at the three largest proposed reforms: modifying the allowance of foreign interest expense, reforming the tax credit ...
  • News in Brief Wednesday, July 28, 2010 @ 8:53AMBuilding Blocks fundraiserBuilding Blocks Learning Center will hold a bowling fundraiser at 7 p.m. next Friday at Parkway Lanes in Trenton.
  • Sampling of editorials from NY state Wednesday, July 28, 2010 @ 8:46AMThe Poughkeepsie Journal on proposed underwater power transmission line. When it comes to the provocative idea of running a power line underneath the Hudson River as part of a Canada-to-New-York-City connection, there are more questions than answers.
  • Letters to the Editor published Wednesday, July 28, 2010 Wednesday, July 28, 2010 @ 8:38AMSo many people fall for this ... The check I received was on Amer UN Svgs & Ln Assoc in Chicago Ill. in the amount of $3,975. The letter was from the San Diego office of Staffmark, which, according to the Web, is a legitimate temp agency.
  • The Importance of Market Access Wednesday, July 28, 2010 @ 8:32AMA research paper from Bruce A. Babcock of Iowa State University that was funded by UNICA has generated a lot of attention lately, mostly because it suggests that allowing the tax credit and the tariff to lapse wouldn’t have much of an impact on the U.S. ethanol industry.
  • Digital Defense Announces Latest Release of Annual Benchmark Report Wednesday, July 28, 2010 @ 8:30AMDigital Defense, Inc. , a leading provider of information security governance, risk management, and compliance solutions, today announced the release of its second annual benchmark report known as DDI Insight. Â The DDI Insight confidential analysis report provides key information that allows organizations to understand quickly and effectively if the budgeting, planning, and execution of their ...
  • Moody's Cuts Outlook on Big Banks Wednesday, July 28, 2010 @ 8:28AMMoody's lowered its outlook on three of the big money-center banks, saying financial reform will eventually diminish the benefit of an implied government backstop on the bank's ratings.
  • Brazil airport capacity lags as World Cup looms Tuesday, July 27, 2010 @ 4:10PMBrazil's airline industry is increasingly concerned that the country will not have adequate airport capacity for the 2014 soccer World Cup because of slow expansion and growing demand for travel
  • US home ownership reaches 10-year low Tuesday, July 27, 2010 @ 4:09PMAbout 18.9 million homes in the US stood empty during the second quarter as surging foreclosures helped push ownership to the lowest level in a decade.
  • NBA Legends Put LeBron In His Place Tuesday, July 27, 2010 @ 4:06PMIt didn’t take the word of any NBA legend to prove how much of a cowardly, legacy-killing move it was for LeBron James to flee his home state of Ohio and the Cleveland Cavaliers to join up with fellow NBA superstar Dwyane Wade in Miami. But it sure put the cherry on top. With quotes from Michael Jordan, Magic Johnson, Larry Bird, and Charles Barkley all out for the public to see, it adds more ...
  • Lawrence business owners hear from experts on federal healthcare reform legislation Tuesday, July 27, 2010 @ 4:02PMEighty-five owners and managers of small businesses and other Lawrence-area employers met Tuesday to hear from four experts regarding the 2,600-page federal healthcare reform legislation whose provisions start taking effect Sept. 23.
  • New NOAA Analysis Gives Further Clues about Location and Movement of Subsurface Oil in Gulf — and how little of it ... Tuesday, July 27, 2010 @ 3:59PMRemember the debate about the subsurface "plumes" or oil released by the leaking BP well in the Gulf of Mexico? A new report released by the National Oceanic and Atmospheric Administration (NOAA), the U.S. Environmental Protection Agency (EPA) and the White House Office of Science and Technology Policy about subsurface oil monitoring in the Gulf of Mexico contains preliminary data collected at ...
  • Your child's identity being stolen? It's possible Tuesday, July 27, 2010 @ 3:57PMYou might want to think twice the next time someone asks for your child's birth certificate or social security card.
  • Fitch Rates District of Columbia Deed Tax Revs 'A'; Outlook Stable Tuesday, July 27, 2010 @ 3:54PMNEW YORK----Fitch Ratings assigns an 'A' rating to the following District of Columbia deed tax revenue bonds:
  • Fitch Publishes Servicer Report on BNY Mellon Tuesday, July 27, 2010 @ 3:52PMCHICAGO----Fitch Ratings has published a servicer report on BNY Mellon. This report provides an overview of the company's servicing operations and a discussion of the areas evaluated by Fitch.
  • Fitch Releases Report on Sacramento County Sanitation Dist Financing Auth, CA 2010 Sewer Rev Bonds Tuesday, July 27, 2010 @ 3:49PMAUSTIN, Texas----Fitch Ratings has published a report on Sacramento County Sanitation Districts Financing Authority, CA 2010 Sewer Revenue Bonds .
  • Fitch Releases Report on Louisiana Public Facil Auth (Lafayette General Medical Center, Inc. Proj) Tuesday, July 27, 2010 @ 3:46PMNEW YORK----Fitch Ratings has published a report on Louisiana Public Facilities Authority hospital revenue bonds. The report is available by clicking the link below or at 'www.fitchratings.com'.
  • Ad industry tries to improve reputation Monday, July 26, 2010 @ 4:56AMFrom gimlet-swilling adulterers on TV's "Mad Men" to seven-figure fines for deceptive ads touting cold remedies and credit scores, the ad industry sure could use an image makeover of its own.
  • Ad industry seeks image makeover of its own Monday, July 26, 2010 @ 4:50AMIndustry leaders are teaming up with the nation's oldest journalism school to launch the Institute for Advertising Ethics.
  • Move to cap electricity prices draws flak Monday, July 26, 2010 @ 4:50AMCERC keeping an eye on movement of prices.
  • Time to Rein In the Rules Monday, July 26, 2010 @ 4:48AMIn civics lessons on "how a bill becomes law," we sometimes hear this catch-phrase to describe the process: "The president proposes, Congress disposes." What we seldom hear is the third part of that formula: "The rule maker imposes."
  • Bank of England to Gain Broad Powers Over Financial Regulation, Hoban Says Monday, July 26, 2010 @ 4:39AMThe Bank will establish a policy unit, that will include industry executives, to monitor risks to the financial system, Hoban said in a speech in London today. A new consumer agency would also monitor banking products and credit regulation.
  • Muskegon's Neighborhood Investment Corp., broke, shuttered Monday, July 26, 2010 @ 4:36AMThe not-for-profit agency helped people avoid foreclosure.
  • 17,999.94 Monday, July 26, 2010 @ 4:32AMAt 2:50 pm (IST), the BSE Sensex was trading at 18,017, down 113 points or 0.6% over the last close. It had earlier been as high as 18, 194 after opening at a day's low of 18,000
  • Despite Flaws, Stress Tests May Satisfy Markets Sunday, July 25, 2010 @ 5:28PMThe tests conducted by regulators last week may have provided enough information for investors to begin deciding which banks are creditworthy.
  • High savers need to enjoy the present Sunday, July 25, 2010 @ 3:47PMA couple we’ll call George 56, and Susan, 47, make their home in Alberta. Both scientists, they are raising two children, ages 17 and 13, on combined take-home pay of $9,700 per month. They have nearly $870,479 of assets and no debts other than credit card charges they pay off monthly. They have achieved substantial financial security, which is an accomplishment considering they arrived in ...
  • No time, no place safe in Gurgaon Sunday, July 25, 2010 @ 3:37PMThe latest incident of an armed robbery at a businessman’s house in the high-profile locality of HUDA Sector 15 has made the residents quite nervous. With the rise in frequency of such crimes — especially this month —  even the police are aghast.
  • Waste leak transforms Chinese miner from corporate star into environmental villain Sunday, July 25, 2010 @ 1:16PMA month ago, Zijin Mining Group was a Chinese corporate star, a profitable gold and copper miner with ambitions to further expand abroad.