| INSURANCE NEWS - | |
| Dow slips below November lows as shareholders bail on banks - Globe and ... | As of: 2009-02-20 |
| guardian.co.uk- Dow slips below November lows as shareholders bail on banks- Globe and Mail, Canada- In a reminder of how bad things still are, shares of Bank of America Corp. and Citigroup Inc. slid more than 12 per cent each. The KBW Bank Index, which tracks 24 of the nation's largest banks, fell to record lows. "You are seeing a lot of nervousness ...- Dow ends at lowest close in more than 6 years Maximum Edge- all 1,128 news articles - | |
| Bank CEOs hand back some pay - Globe and Mail | As of: 2009-02-20 |
| Financial Post- Bank CEOs hand back some pay- Globe and Mail, Canada- A number of Canada's bank chief executive officers are handing back part of their paycheques, but the forfeited compensation will barely dent their worth compared with the shrivelling value of their stockholdings. Toronto-Dominion Bank disclosed ...- Clark's pay rekindles compensation debate Financial Post- Are Bay Street's golden days coming to an end? Canada.com- TD Bank CEO takes 41 per cent pay cut to $8M after $3M passed to ... Winnipeg Free Press- ReportonBusiness.comall 49 news articles - | |
| Frigid DIY dolphin rescue warms hearts in Seal Cove - Globe and Mail | As of: 2009-02-20 |
| CTV.ca- Frigid DIY dolphin rescue warms hearts in Seal Cove- Globe and Mail, Canada- It was a chilly day off school for Brandon Banks. The 16-year-old's town of Seal Cove, Nfld., has had a harrowing week. Mr. Banks and his neighbours have gone to bed each night to the wails of five dolphins, who'd been trapped in a small and closing ...- 'Local boys' in speedboat free dolphins Canada.com- Small NL town calls on coast guard to help save trapped dolphins CBC.ca- all 337 news articles - | |
| Once-reliable bank shares lose their lustre - Winnipeg Free Press | As of: 2009-02-20 |
| Once-reliable bank shares lose their lustre- Winnipeg Free Press, Canada- Bank stocks with their appearance of stability and strong dividends have formed a part of investor portfolios for some time. In "boom" times, banks also provide a good proxy for the overall performance of the economy. These verities are now being ... - | |
| TD's Clark refuses part of '08 compensation - London Free Press | As of: 2009-02-20 |
| TD's Clark refuses part of '08 compensation- London Free Press, Canada- Clark, continuing a sackcloth-and-ashes performance by Canadian bank chief executives after a painful year for shareholders, was awarded $11 million in total compensation for 2008, down 19 per cent from $13.5 million in 2007, the bank disclosed ... - | |
| Caves of shame in southern Italy - Canada.com | As of: 2009-02-20 |
| Caves of shame in southern Italy- Canada.com, Canada- Italian architect Pietro Laureano later published a book highlighting how effective the cell-like design and sophisticated water-collection system actually was before the cave city became overpopulated, and in 1994 UNESCO declared the sassi of Matera a ... - | |
| Saab files for bankruptcy protection from creditors - CTV.ca | As of: 2009-02-20 |
| The Associated Press- Saab files for bankruptcy protection from creditors- CTV.ca, Canada- s Swedish-based subsidiary Saab filed for bankruptcy protection Friday so it can be spun off or sold by its struggling US parent, officials said. The move comes after Sweden turned down GM's request for government help for Saab. ...- SAAB future uncertain MINA- Saab's future looks grim National Post- Sweden slams GM over Saab Globe and Mail- ReportonBusiness.com - Autonetall 619 news articles - | |
| Marathon Pulp's massive debt surfaces - Sault Star | As of: 2009-02-20 |
| Marathon Pulp's massive debt surfaces- Sault Star, Canada- Small and medium-size businesses affected by Marathon Pulp's big pile of unpaid bills are counting their potential losses after details of the company's financial woes were posted on the website of a major Toronto-based bankruptcy firm. ... - | |
| CBC poll suggests Canadians want a credit card ?bill of rights? - CBC.ca | As of: 2009-02-20 |
| CBC poll suggests Canadians want a credit card ?bill of rights?- CBC.ca, Canada- By Jasmin Tuffaha, CBC News Canadians feel powerless when it comes to their credit cards ? whether the problem is high interest rates, confusing fine print, or hidden fees ? and they want a consumers' "bill of rights" to protect them, according to an ...- Expensive premiums don?t pay off Metro Canada - Ottawa- all 7 news articles - | |
| CanWest seeks financial saviour amid debt crisis - Globe and Mail | As of: 2009-02-20 |
| CanWest seeks financial saviour amid debt crisis- Globe and Mail, Canada- Some other funds, including the Canada Pension Plan Investment Board, have been approached by CanWest officials, but said they were not interested in investing in the media company, sources say. Sources familiar with the matter said Fairfax is holding ... - | |
| HSBC Bank Canada - Results for the fourth quarter and year ended ... - C... | As of: 2009-02-20 |
| HSBC Bank Canada - Results for the fourth quarter and year ended ...- Canada NewsWire (press release), Canada- Ongoing reductions in prime rates during 2008 resulted in reduced interest income on our floating rate loans, which was not offset by an equal reduction in interest expense as our deposits repriced downwards less quickly. As a result of the sale of the ... - | |
| Family celebrates victory as new drugs approved on PEI - CBC.ca | As of: 2009-02-20 |
| Family celebrates victory as new drugs approved on PEI- CBC.ca, Canada- About 33 per cent of Islanders live without private health insurance. It's those people who are most likely to be helped by this announcement. While drugs not on the approved list might be prescribed, there is no chance of the cost being covered by the ... - | |
| United Way honours tireless volunteer - Waterloo Record | As of: 2009-02-20 |
| United Way honours tireless volunteer- Waterloo Record, Canada- Her family got debt and personal counselling through a United Way funded agency to guide them through the rough patch. And then Sproul became a tireless volunteer with the United Way of Kitchener and Waterloo and area as her way of saying thanks. ... - | |
| Burke brings more than hockey knowledge to job - London Free Press | As of: 2009-02-20 |
| Burke brings more than hockey knowledge to job- London Free Press, Canada- But it's going to take more than simple hockey knowledge to turn his franchise around and that's where Burke will make his mark. It's going to take a change in company culture, attitude, approach and decision-making to produce a viable product. ... - | |
| Blinded by the limelight - Globe and Mail | As of: 2009-02-20 |
| Blinded by the limelight- Globe and Mail, Canada- Leaders are paid big money to be smart, so how come people at the top regularly end up making boneheaded decisions? That's a question that Sydney Finkelstein, professor of leadership at the Tuck School of Business at Dartmouth University, ... - | |
| TELEVISION HIGHLIGHTS - Waterloo Record | As of: 2009-02-20 |
| BBC News- TELEVISION HIGHLIGHTS- Waterloo Record, Canada- I'm no financial expert, but when you have no money, and no prospects of making money, and you owe $42 billion, you're way beyond putting yourself on a budget. People say the problem with the budget is that they don't understand what's in it. ...- Gov. Schwarzenegger to sign budget-balancing bill Maximum Edge- With Calif. lawmakers locked in, budget fix stalls Maximum Edge- all 4,375 news articles - | |
| Cheap prices, ample cash don't spell M&A - Financial Post | As of: 2009-02-20 |
| Cheap prices, ample cash don't spell M&A- Financial Post, Canada- Investors' preference for companies with strong balance sheets may discourage firms from making acquisitions. As a result, Mr. Baskin thinks there won't be a lot of deals made this year despite the bargain basement prices. He hopes those that are made ... - | |
| European banks, currency vulnerable - Financial Post | As of: 2009-02-20 |
| Maktoob- European banks, currency vulnerable- Financial Post, Canada- Billions of dollars of loans to emerging markets in Eastern Europe are in danger of default and that is putting pressure on the banks in Western Europe, the Euro, and surrounding currencies. European banks have their own problem loans to deal with says ...- Eastern Europe woes hit European shares ReportonBusiness.com- Euro Falls as Moody's Raises Concerns over European Debt CEP News- Dollar surges on Eastern European bank warning CEP News- CEP News - ReportonBusiness.comall 613 news articles - | |
| Bank bailout may involve regulatory lenience - National Post | As of: 2009-02-20 |
| Reuters- Bank bailout may involve regulatory lenience- National Post, Canada- The US Government?s de facto declaration that the 16 commercial banks with more than US$100-billion in assets are too big to fail means they will be treated differently than the more than 8000 other banks in the country. As part of Treasury Secretary ...- US bank stress tests to show capital needs: source Reuters Canada- all 94 news articles - | |
| ExelTech Announces Third Quarter Results - Aviation.ca (press release) | As of: 2009-02-20 |
| ExelTech Announces Third Quarter Results- Aviation.ca (press release), Canada- The third-largest commercial airframe Maintenance, Repair, and Overhaul (MRO) vendor in Canada, ExelTech is listed on the TSX Venture Exchange and trades under the symbol XLT. The Company holds Transport Canada, US Federal Aviation Administration (FAA) ... - | |
| GM unit Saab files for bankruptcy protection - CP24, Canada | As of: 2009-02-20 |
| Times Online- GM unit Saab files for bankruptcy protection- CP24, Canada, Canada- (AP / Carlos Osorio) STOCKHOLM ? Officials say automaker Saab filed for bankruptcy protection Friday and has applied to be spun off from its parent company General Motors. spokeswoman Margareta Hogstrom said an application to reorganize the ...- Saab goes into bankruptcy protection CBC.ca- SAAB future uncertain MINA- Saab files for bankruptcy Canoe.ca- MWC News - CityNewsall 1,271 news articles - | |
| GM may still be in danger of bankruptcy - Financial Post | As of: 2009-02-20 |
| GM may still be in danger of bankruptcy- Financial Post, Canada- (GM/ NYSE) could still be pushed into bankruptcy protection because the outcome of its negotiations with bondholders and the United Auto Workers union on debt-for-equity exchanges is still in doubt, KeyBanc analyst Bretty Hoselton said in a report on ... - | |
| Trump Entertainment - Delisted from NASDAQ and Bankrupt! - Slots Geek | As of: 2009-02-20 |
| ABC News- Trump Entertainment - Delisted from NASDAQ and Bankrupt!- Slots Geek, Canada- It was later announced this week that Trump Entertainment Resorts is going through the process of bankruptcy and as the company said to the press ?is a result of the strained economic environment?. Chapter 11 was filed on Wednesday. ...- Trump casinos file for bankruptcy for third time Globe and Mail- Trump Entertainment may file bankruptcy: report Reuters Canada- Trump Entertainment bankrupt again Canada.com- Stockhouse - CBC.caall 1,268 news articles - | |
| Two plants under bankruptcy protection for sale - Waterloo Record | As of: 2009-02-20 |
| Two plants under bankruptcy protection for sale- Waterloo Record, Canada- Two companies with local plants are looking for buyers as they operate under bankruptcy protection. Triton Electronik and Burlington Technologies both ran into financial difficulty because of the weak economy and sought protection from their creditors ... - | |
| More bad news for Canwest: Globe suggests bankruptcy protection ... - Ge... | As of: 2009-02-20 |
| Globe and Mail- More bad news for Canwest: Globe suggests bankruptcy protection ...- Georgia Straight, Canada- By Charlie Smith The Globe and Mail has reported that Canwest Global Communications Corp. could have to file for bankruptcy protection from its creditors by the end of the month. This comes on the heels of a Reuters story on February 12, ...- As CanWest seeks credit, rivals target prized assets Globe and Mail- Canwest Global needs investors TheChronicleHerald.ca- Aspers in a pinch Winnipeg Sun- Globe and Mail - Globe and Mailall 56 news articles - | |
| Fairfax records best year in its history - Investment Executive | As of: 2009-02-20 |
| Fairfax records best year in its history- Investment Executive, Canada- Prior to giving effect to the Hurricane Ike and Gustav losses and Crum & Forster?s commutation loss ($84.2 million) and lawsuit settlement ($25.5 million) in 2008 and the impact of foreign currency movements in 2008 and 2007, the combined ratio for ... - | |
| After painful slide, commodities languish - Globe and Mail | As of: 2009-02-20 |
| After painful slide, commodities languish- Globe and Mail, Canada- While the credit market crisis and hedge fund redemptions triggered the rapid exodus from commodities over the fall, now the deepening slowdown in physical demand for these products is entrenching the low-price environment. "[Hedge fund liquidation] is ... - | |
| Barrick Gold: Cash Flow Rises to a Record $2.2 Billion in 2008 - Stockhouse | As of: 2009-02-20 |
| Barrick Gold: Cash Flow Rises to a Record $2.2 Billion in 2008- Stockhouse, Canada- (9) In Q4 2008, a number of opponents of the Cortez Hills expansion filed suit in the US District Court for the District of Nevada seeking to overturn the Bureau of Land Management's approval of the Cortez Hills project on environmental and religious ... - | |
| CBC poll suggests Canadians want a credit card 'bill of rights' ... | As of: 2009-02-20 |
| CBC poll suggests Canadians want a credit card 'bill of rights'- CBC.ca, Canada- By Jasmin Tuffaha, CBC News Canadians feel powerless when it comes to their credit cards ? whether the problem is high interest rates, confusing fine print or hidden fees ? and they want a consumers' "bill of rights" to protect them, according to an ...- Expensive premiums don?t pay off Metro Canada - Ottawa- all 7 news articles - | |
| Wyndham hotel systems hacked ? thousands of customers' credit card .... | As of: 2009-02-20 |
| ITBusiness.ca- Wyndham hotel systems hacked ? thousands of customers' credit card ...- ITBusiness.ca, Canada- As many as 21000 Wyndham Hotel customers may have had their credit cards stolen by hackers who broke into the hotel's computer systems. The company estimates that 41 Wyndham hotels and resorts were affected. Hackers broke into a computer at Wyndham ... - | |
| Kids and credit - Sympatico MSN Finance | As of: 2009-02-20 |
| Kids and credit- Sympatico MSN Finance, Canada- By John Caspar So we're in the car for about an hour, and the two young sponges in the back - one is halfway into thirteen and the other just clicked over twelve - are quizzing us about debit and credit cards. How do they work? Who makes them? ... - | |
| Low Investment Risk From Low-Cost Wal-Mart (WMT) - Investopedia | As of: 2009-02-20 |
| Low Investment Risk From Low-Cost Wal-Mart (WMT)- Investopedia, Canada- (Read more about dividend yield in our Investment Valuation Ratios Tutorial.) By Ryan C. Fuhrmann Ryan C. Fuhrmann, CFA, has a background in portfolio management, overseeing assets for high-net-worth individuals and covering a broad array of industries ... - | |
| Income investing: How to rake it in - CanadianBusiness.com | As of: 2009-02-20 |
| Income investing: How to rake it in- CanadianBusiness.com, Canada- By by David Aston Investing is different when you retire. Unless fortune has graced you with a gold-plated company pension, you probably depend on a steady cash flow from your investments to help put food on the table and cover day-to-day expenses. ... - | |
| Federal government is investing here - Oakville Beaver | As of: 2009-02-20 |
| Federal government is investing here- Oakville Beaver, Canada- This week I had the pleasure of announcing joint federal and provincial funding of $ 30.5 M to build a tiered parking garage for 1000 cars at Oakville?s main GO station, by far the largest federal investment in Oakville in more than 15 years. ... - | |
| Stock Investing 101 - myFM Radio News | As of: 2009-02-20 |
| myFM Radio News- Stock Investing 101- myFM Radio News, Canada- A stock investment seminar held Saturday at Edward Jones will go through the do's and dont's when investing in the stock market. The current condition in the market world, fallen stocks and lower prices -known as a Bear Market refer to a steady drop in ... - | |
| Leave it to de Bever - Globe and Mail | As of: 2009-02-20 |
| Leave it to de Bever- Globe and Mail, Canada- What might have been How big could the $16-billion Heritage Fund have been if Alberta had kept on investing in it, instead of treating it like a piggy bank? There are several ways to do the math, using returns that range from a loss of 7% in 2004 to a ... - | |
| Interest rate gap widening - Calgary CTV | As of: 2009-02-20 |
| Interest rate gap widening- Calgary CTV, Canada- One does not have to borrow money, so one does not have to pay higher interest rates, right? no surprise, Canada's banks have been gouging us for years, fees, rate hikes, credit card rates above 20%. Just be damn sure we don't give any money.... not ...- Interest rate gap widening Calgary CTV- all 8 news articles - | |
| Assumption Life continues strong growth - Investment Executive | As of: 2009-02-20 |
| Assumption Life continues strong growth- Investment Executive, Canada- We even achieved a new record in life insurance, with total sales topping $4.4 million, a 10.7% increase over 2007.? Particularly fierce market competition did little to keep profits down in other lines of business for the company. ... - | |
| 2008 marks another successful year for Equitable Life(R) despite ... - C... | As of: 2009-02-20 |
| 2008 marks another successful year for Equitable Life(R) despite ...- Canada NewsWire (press release), Canada- One of the largest Canadian mutual life insurance companies, Equitable Life focuses on providing long-term growth and stability to customers. Through partnerships with MGAs and advisors, Equitable Life offers customers a wide selection of competitive ... - | |
| Magna Entertainment's race may be run - National Post | As of: 2009-02-20 |
| Magna Entertainment's race may be run- National Post, Canada- The review comes in the wake of a collapsed plan that would have seen MEC's controlling shareholder, MI Developments Inc. (MID), spin off its majority stake in exchange for additional capital support in the form of temporary loans. ... - | |
| No Regrets So Far For Banks That Said No (CFR, UMBF, BXS, BOH) - Investo... | As of: 2009-02-20 |
| No Regrets So Far For Banks That Said No (CFR, UMBF, BXS, BOH)- Investopedia, Canada- ... as non-performing loans and leases increased to 0.64% of the total. It's interesting that the company took an $8.6 million pre-tax write down of "other than temporary impairment" on some "pooled trust-preferred securities" in its portfolio. ... - | |
| Runway Officially Open - Opinion250 News | As of: 2009-02-20 |
| Runway Officially Open- Opinion250 News, Canada- That's $4 million more than the Airport Authority was able to raise through Federal and provincial Funding and a loan from the Northern Development Initiatives Trust. Airport Authority Chair Jim Blake, says the balance will have to be borrowed. ... - | |
| Kelly the Intern - CanadianBusiness.com | As of: 2009-02-20 |
| Kelly the Intern- CanadianBusiness.com, Canada- Our crack researcher on big banks vs. credit unions, whether to tweet or not to tweet, and competing with offshore manufacturers. What are the pros and cons of doing my business banking with a credit union? ?Hussein R., Vancouver As someone who has ... - | |
| Check on health coverage before vacation - Regina Leader-Post | As of: 2009-02-20 |
| Check on health coverage before vacation- Regina Leader-Post, Canada- It's a good idea to have insurance to cover medical expenses while you are out of the country. It looks like winter is here to stay and with the snow blowing and temperature dropping, I am sure many of you are imagining yourself somewhere where the ... - | |
| Stanley K. Bernstein: Fighting the wrong fight - National Post | As of: 2009-02-20 |
| Stanley K. Bernstein: Fighting the wrong fight- National Post, Canada- In Ontario, for example, the Ontario Health Insurance Plan (OHIP) refuses coverage for weight loss treatment and care, except in extreme circumstances. This is amazing since there is overwhelming evidence that points to the severe impact of excess ... - | |
| Initiative Takes Aim at Childhood Obesity - Current World News | As of: 2009-02-20 |
| E Canada Now- Initiative Takes Aim at Childhood Obesity- Current World News, Canada- New York - Several health insurance companies announced on Thursday an unprecedented new initiative to help battle childhood obesity. The Alliance for a Healthier Generation, a coalition between the American Heart Association and the William J. Clinton ...- Initiative Takes Aim At Obesity In Children E Canada Now- all 91 news articles - | |
| I-CAR Education Foundation Announces 2009 Board of Trustees - Auto Servi... | As of: 2009-02-20 |
| I-CAR Education Foundation Announces 2009 Board of Trustees- Auto Service World, Canada- The I-CAR Education Foundation is honoured to have the following representatives on the Executive Committee: Chairman, Chris Evans -- State Farm Insurance; Vice Chairman, Doug Webb -- CSi Complete; Secretary, Bill Daly -- Allstate Insurance Co.; ... - | |
| 4 Retirement Planning Rules - CNBC | As of: 2009-02-20 |
| CNBC- 4 Retirement Planning Rules- CNBC, Englewood Cliffs- Here are four general rules you can use as a starting point in your retirement planning. The 100% Rule: You may have heard that once you retire you?ll be able to live on 70-80% of your pre-retirement income. However, considering medical costs are ... - | |
| Federal Stimulus Money Still Leaves State in Need - New York Times | As of: 2009-02-20 |
| New York Times- Federal Stimulus Money Still Leaves State in Need- New York Times, United States- In all, the state?s seven retirement systems provide benefits for about 700000 working and retired government employees and teachers. Unions were further incensed on Tuesday when Mr. Corzine proposed a mandatory two-day furlough of state workers to ... - | |
| Cash Call Emergency Threatens Minera Andes' Survival - The Northern ... | As of: 2009-02-20 |
| Cash Call Emergency Threatens Minera Andes' Survival- The Northern Miner (subscription), Canada- Both partners expected to fund the expansion using cash flow. Unfortunately, development work cost more than expected and in December, Hochschild told Minera it needed cash. Specifically, Hochschild said the partners needed to provide US$23 million to ... - | |
| Plan aims for slimmer, more viable GM Canada - Globe and Mail | As of: 2009-02-20 |
| Xinhua- Plan aims for slimmer, more viable GM Canada- Globe and Mail, Canada- On Tuesday, the GM Canada's parent, General Motors Corp., raised its request for help from Washington to as much as $30-billion (US), pointing to a deterioration in vehicle sales in the US market since it originally sought an emergency cash infusion in ...- GM survival plan includes federal, Ontario aid The Gazette (Montreal)- Clock ticking for GM, Chrysler in Canada Financial Post- Buzz Hargrove, your timing's perfect Globe and Mail- all 911 news articles - | |
| More long-term care beds key to cracking wait times puzzle - Georgina Ad... | As of: 2009-02-20 |
| More long-term care beds key to cracking wait times puzzle- Georgina Advocate, Canada- The next time you visit the emergency room, it shouldn't take any more than four hours from the time you walk in to the time you are treated and released, the province says. The province announced its expectations of Ontario's 128 emergency rooms ... - | |
| CA-BUSINESS Summary - ReportonBusiness.com | As of: 2009-02-20 |
| CA-BUSINESS Summary- ReportonBusiness.com, Canada- FBI spokesman Richard Kolko said the Federal Bureau of Investigation had acted at the request of the US Securities and Exchange Commission (SEC), and that Stanford had not been arrested. No criminal charges have been filed against him. ... - | |
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