| INSURANCE NEWS - | |
| If it looks and smells like a bank takeover, it probably is - Globe and ... | As of: 2009-02-25 |
| MinnPost.com- If it looks and smells like a bank takeover, it probably is- Globe and Mail, Canada- The two New York University professors warned that the US financial system is so close to insolvency that there is now only one path to salvation, and an anathematic one at that: The federal government must nationalize the country's most sickly banks. ...- Investors fret over control of banks Financial Post- all 31 news articles - | |
| 'Stress tests' just stressful - Globe and Mail | As of: 2009-02-25 |
| ABC News- 'Stress tests' just stressful- Globe and Mail, Canada- What are the "stress tests" that the United States government says it will run on the big banks in that country? The stress tests are supposed to look at banks' books, and see how they would hold up if the economy gets even worse. ...- US is not planning to nationalize banks: Feds Canada.com- US regulators to determine if banks are adequately capitalized Investment Executive- When banks don't compete CBC.ca- Globe and Mail - Globe and Mailall 2,701 news articles - | |
| Bank on The International for thrills - Canada.com | As of: 2009-02-25 |
| Bank on The International for thrills- Canada.com, Canada- Filmmakers behind The International, the new thriller starring Clive Owen and Naomi Watts, couldn't have picked a better time to vilify big banks. With warm-and-fuzzy feelings for financial institutions at an all-time low, people might go just hoping ... - | |
| Big banks need to take a long look at unsustainable dividend payouts - G... | As of: 2009-02-25 |
| Big banks need to take a long look at unsustainable dividend payouts- Globe and Mail, Canada- None of the five big banks have cut common share dividends since the Great Depression. I don't know if history will be made in this downturn. But I do know that at least one blue-chip board - at Bank of Montreal - should cut the dividend in half. ... - | |
| Cramer down on Canadian bank stocks - Globe and Mail | As of: 2009-02-25 |
| Cramer down on Canadian bank stocks- Globe and Mail, Canada- We've now got Cramer weighing in on Canadian bank stock dividends. And he's not a fan. Jim Cramer, the high-volume host of CNBC's Mad Money, offered his usual two-second take on Canadian bank stocks Wednesday. An investor asked the former hedge fund ... - | |
| The case against stress tests - Globe and Mail | As of: 2009-02-25 |
| The case against stress tests- Globe and Mail, Canada- Unemployment may be hurtling ever higher, but there must be a bull market in jobs for bank regulators. More than 100 of them are converging on Citigroup's gleaming Manhattan headquarters. Pretty soon they'll be working overtime stress testing Citi and ... - | |
| Banking on banks - Globe and Mail | As of: 2009-02-25 |
| Banking on banks- Globe and Mail, Canada- 23) wrongly implies that business lending by Canada's banks has declined. In fact, Bank of Canada data show that banks increased credit to businesses of all sizes by 13 per cent from December, 2007 to December, 2008, while lending to business by all ... - | |
| TD profit slips to $712-million - Globe and Mail | As of: 2009-02-25 |
| Globe and Mail- TD profit slips to $712-million- Globe and Mail, Canada- Toronto-Dominion Bank kicked off earnings season for the Canadian banks Wednesday, reporting a first-quarter profit of $712-million, compared with $970-million a year ago. Filtering out one-time items, the bank's earnings amounted to $1.34 per share. ... - | |
| Recipe for Disaster: The Formula That Killed Wall Street - Center for Re... | As of: 2009-02-25 |
| Center for Research on Globalization- Recipe for Disaster: The Formula That Killed Wall Street- Center for Research on Globalization, Canada- As a result, bond investors and mortgage lenders desperately want to be able to measure, model, and price correlation. Before quantitative models came along, the only time investors were comfortable putting their money in mortgage pools was when there ... - | |
| Economy takes toll on Quinte Waste Solutions - Belleville Intelligencer | As of: 2009-02-25 |
| Economy takes toll on Quinte Waste Solutions- Belleville Intelligencer, Canada- The organization -- responsible for the collection and handling of recyclable materials for nine local municipalities, including Belleville -- is weathering the financial storm while other agencies in the industry are struggling to move material. ... - | |
| Nortel seeks OK to sell Alteon unit - Financial Post | As of: 2009-02-25 |
| CXOToday.com- Nortel seeks OK to sell Alteon unit- Financial Post, Canada- The US arm of Nortel Networks Corp. is seeking bankruptcy court approval to sell a piece of its application-delivery business for US$17.65-million to information-technology firm Radware Ltd., pending higher bids at auction. ...- Nortel files for bankruptcy protection Canada.com- Another reason Nortel should stick to voice IT World Canada Blogs- Nortel wants to speed up $17.65M Alteon sale PC World Canada- ITBusiness.ca - Canada.comall 48 news articles - | |
| Nortel cutting 3200 jobs worldwide - Globe and Mail | As of: 2009-02-25 |
| Nortel cutting 3200 jobs worldwide- Globe and Mail, Canada- Nortel Networks Corp. said it will cut an additional 3200 jobs worldwide over the next several months as it struggles to chart a new course under bankruptcy protection. The layoffs will occur on top of a round of 1300 cuts announced last November. ... - | |
| Obama's mortgage 'cramdown' vote eyed - Canoe.ca | As of: 2009-02-25 |
| Obama's mortgage 'cramdown' vote eyed- Canoe.ca, Canada- The bill would let bankruptcy judges rewrite home loans and shield mortgage servicers who modify loans from bondholder lawsuits, permitting judges to erase some principal from troubled home loans, just as they are able to adjust other consumer debt, ... - | |
| Hidden Everyday-Joe Thief Creates Financial Mess - DigitalJournal.com | As of: 2009-02-25 |
| DigitalJournal.com- Hidden Everyday-Joe Thief Creates Financial Mess- DigitalJournal.com, Canada- For months he planned his bankruptcy. He had more than $160000 worth of credit card debt, owned an expensive home, wasn't working nor was his wife. When he went bankrupt in some ways he stole from all of us. Mr. Joe, whose name is changed because it is ... - | |
| Magna poised to ride out auto crisis - Globe and Mail | As of: 2009-02-25 |
| Reuters- Magna poised to ride out auto crisis- Globe and Mail, Canada- Canada's biggest auto parts maker posted its second straight quarterly loss amid what it called "one of the most difficult automotive environments in decades" and warned that the bankruptcy of one or more of its major customers is possible. ...- Wave of auto supplier 'failures' coming, says Magna CEO Canada.com- Magna posts Q4 loss London Free Press- Magna reports loss of $148M for Q4 CBC.ca- The Gazette (Montreal) - CTV.caall 94 news articles - | |
| Bulls & Bears - Winnipeg Free Press | As of: 2009-02-25 |
| Bulls & Bears- Winnipeg Free Press, Canada- If Donald Trump is supposed to be this big business guru, then why's his casino company in bankruptcy protection -- and for the third time?!! Not only that, several Trump-branded real-estate projects have lately been put on ice. ... - | |
| Quartet charged with bilking spa - and opening their own - Globe and Mail | As of: 2009-02-25 |
| CTV.ca- Quartet charged with bilking spa - and opening their own- Globe and Mail, Canada- "Everything from the electrical to the drywall to the tiles to the flooring, we can relate back to fraudulent credit cards," added Toronto police Constable Todd Hall. Det. Sgt. Sondergaard estimated losses at $485000, and rising. ...- Cops Lay More Than A Hundred Charges In High End Credit Card Fraud ... CityNews- Credit card fraud ring busted Global- Four arrested after police bust alleged credit card fraud ring CP24, Canada- National Post - CTV.caall 11 news articles - | |
| No cash cop - HoweStreet.com | As of: 2009-02-25 |
| No cash cop- HoweStreet.com, Canada- Face it, debit and credit cards may not work in the middle of a bank crisis. Of course, I could be a wild-eyed extremist. This could be insurance that?s completely unnecessary ? in which case you just put the money back into the bank when Barack fixes ... - | |
| Shhh... I'm going on vacation - Globe and Mail | As of: 2009-02-25 |
| Shhh... I'm going on vacation- Globe and Mail, Canada- Shouldn't you be worrying about your credit cards?" Sure, Jones says, but it's also a good idea to live a little. He himself fears that if he waits too long to take the dream trip to Europe, he may never get the opportunity back. ... - | |
| Edmonton still No. 1 for real-estate investing, author says - Canada.com | As of: 2009-02-25 |
| Property Wire- Edmonton still No. 1 for real-estate investing, author says- Canada.com, Canada- Homes in areas close to the ongoing extension of the LRT line along 111th Street could outperform the rest of the local real estate market by 10 to 20 per cent, says Don Campbell, author of Real Estate Investing in Canada 2.0. ...- Buyers' market Canoe.ca- all 24 news articles - | |
| PSP Capital dips into the bond market - Globe and Mail | As of: 2009-02-25 |
| PSP Capital dips into the bond market- Globe and Mail, Canada- The Public Sector Pension Investment Board, which cares for the retirement savings of Mounties and federal civil servants, raised money to fund its operations: Other public sector plans have similar programs to finance activities such as real estate ... - | |
| It is the risk takers who will benefit from the turmoil - Globe and Mail | As of: 2009-02-25 |
| It is the risk takers who will benefit from the turmoil- Globe and Mail, Canada- With negative news hitting daily, and more yet to come, it's difficult to get optimistic about the stock market and the future of investing. Over time, however, the economic situation and companies' profits will improve. While it's not clear how fast ... - | |
| Wardrobe stimulus - Canada.com | As of: 2009-02-25 |
| Wardrobe stimulus- Canada.com, Canada- Statement jewellery: Jewellery plays a crucial role in investing in dress, and not just when it's diamonds and gold. The bold necklace, earring and cuff are getting bolder by the season. A wow necklace instantly updates a look, frames your face and ... - | |
| Many put RRSPs on back burner - Canada.com | As of: 2009-02-25 |
| Many put RRSPs on back burner- Canada.com, Canada- "It's a good time to be investing outside of CPP (Canada Pension Plan)." For Andrew Olson, 62, the recession and the price of gasoline means he is cashing in his RRSPs to travel. Olson has a minimal pension and was self-employed for years. ... - | |
| Manulife bid for AIG's Phillippine business expected - Financial Post | As of: 2009-02-25 |
| Interactive Investor- Manulife bid for AIG's Phillippine business expected- Financial Post, Canada- Manulife Financial Corp. is expected to be among the groups that submitted bids of around US$1-billion for American International Group's Philippine's life insurance business ahead of Wednesday's deadline for offers. A winning bid from the Canadian ...- AIG eyes options, and takeover bids Globe and Mail- AIG's fading hope of AIA sale pinned on 3 parties Reuters Canada- AIG's fading hope of AIA sale pinned on 3 parties ReportonBusiness.com- all 70 news articles - | |
| Hungry Mr. Market Eyes Insurers (HIG, AIG, AFL) - Investopedia | As of: 2009-02-25 |
| Boston Globe- Hungry Mr. Market Eyes Insurers (HIG, AIG, AFL)- Investopedia, Canada- Either overshadowed by the banks and brokerage firms, or conspicuous by their absence from the talk of endangered financials until recently, have been insurance companies. Insurance firms of all stripes have been hammered, much like their banking ...- AIG may abandon asset sales plan: report Reuters Canada- all 85 news articles - | |
| GM refuses to tap $3B in bailout cash - Canada.com | As of: 2009-02-25 |
| GM refuses to tap $3B in bailout cash- Canada.com, Canada- 20 that their governments would extend a combined $4 billion in emergency loans to GM Canada and Chrysler Canada. At the time, the prime minister said the loans were being offered to avoid a "catastrophic short-term collapse" of the auto industry in ... - | |
| Today's Horoscope - Winnipeg Free Press | As of: 2009-02-25 |
| Today's Horoscope- Winnipeg Free Press, Canada- This is a good day to talk about shared property, debt, loans, mortgages and anything you want from others. Ask for money, you might get it. Ask for favours. You can literally charm things out of others today. This isn't sneaky. ... - | |
| Delphi gets nod to cut benefits - Globe and Mail | As of: 2009-02-25 |
| Boston Globe- Delphi gets nod to cut benefits- Globe and Mail, Canada- Delphi salaried retirees hired before 1993 and their survivors currently receive health insurance benefits until the age of 65 when they become eligible for Medicare. Under the changes Delphi has requested, those retirees will be responsible for paying ...- Delphi to cut off retiree benefits Globe and Mail- all 331 news articles - | |
| Poor more likely to land in hospital for depression - Canoe.ca | As of: 2009-02-25 |
| Poor more likely to land in hospital for depression- Canoe.ca, Canada- ... were "not totally unexpected," said Ian Joiner, manager of mental health and addictions at CIHI. People from higher-income neighbourhoods are more likely to use psychologists, whose services are covered by private insurance plans, said Joiner. ... - | |
| Quebec to probe Caisse losses: PQ - The Gazette (Montreal) | As of: 2009-02-25 |
| Quebec to probe Caisse losses: PQ- The Gazette (Montreal), Canada- The Caisse, with $155 billion under management at the end of 2007, invests Quebecers contributions to the provincial pension plan, no-fault car insurance premiums and contributions to other public-sector pension and insurance plans. ... - | |
| Holding Tight to Investments - Human Resource Executive Online | As of: 2009-02-25 |
| Holding Tight to Investments- Human Resource Executive Online, PA- The good news is that the number of hardship withdrawals from retirement accounts is not significantly increasing, but the tumbling economy is forcing employees to delay retirement, shift assets and increasingly take charge of their retirement planning ... - | |
| Rell pans Dems' budget plan - Connecticut Post | As of: 2009-02-25 |
| Rell pans Dems' budget plan- Connecticut Post, CT- By planning on the $22 million savings without actually putting the retirement plan in place, Democrats are avoiding a chance to make a commitment to major savings, she said. Overall, the Democrats' planned $1.2-billion adjustment in the $18 billion ... - | |
| Fidelity sideswiped by markets - Globe and Mail | As of: 2009-02-25 |
| Fidelity sideswiped by markets- Globe and Mail, Canada- BOSTON -- Fidelity Investments, the world's biggest mutual fund firm, said yesterday that its assets under management fell 22 per cent to $1.25-trillion (US) in 2008 as financial markets tumbled. Operating profit slumped 18 per cent to $2.36-billion, ...- Fidelity profit falls 18% Globe and Mail- all 126 news articles - | |
| Claymore Investments announces the launch of the Claymore 1-5 Yr ... - C... | As of: 2009-02-25 |
| Claymore Investments announces the launch of the Claymore 1-5 Yr ...- Canada NewsWire (press release), Canada- Index returns do not represent Fund returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed. ... - | |
| Need for emergency care has not subsided at Willett - Brantford Expositor | As of: 2009-02-25 |
| Need for emergency care has not subsided at Willett- Brantford Expositor, Canada- The Willett Foundation is currently holding over $1 million in funds generously donated by the community to support the Willett. Simple math would suggest that between the Brant Community Healthcare System and the Willett Foundation there is over $2.4 ... - | |
| President Obama Affirms Leadership In Crisis - DigitalJournal.com | As of: 2009-02-25 |
| President Obama Affirms Leadership In Crisis- DigitalJournal.com, Canada- Anytime a joint session of Congress other than the State of the Union Address is called, it marks an occasion of national importance, often a situation that is an emergency in nature. In a noticeable departure from his predecessor, Mr. Obama seemed at ... - | |
| Infrastructure spending: A little less talk, a lot more action - TheChro... | As of: 2009-02-25 |
| Infrastructure spending: A little less talk, a lot more action- TheChronicleHerald.ca, Canada- No one would ever say a slow ambulance is the best response to a health emergency. Likewise, being quick is an essential part of a prudent and effective response by government to a recession. The government has started announcing various spending ... - | |
| Haiti, the Financial Crisis, and International Solidarity - Center for R... | As of: 2009-02-25 |
| Haiti, the Financial Crisis, and International Solidarity- Center for Research on Globalization, Canada- Further, 90% of the promised $100 million in emergency aid never arrived, while some $197 million which the government tried to release from the Central Bank was not disbursed because it had been placed in US financial markets without consultation with ... - | |
| Opinion: A $ign of the Times: Selling Body Parts to Make Ends Meet - Dig... | As of: 2009-02-25 |
| Opinion: A $ign of the Times: Selling Body Parts to Make Ends Meet- DigitalJournal.com, Canada- This is a good way where I am making money and not having to work a full-time job," Melanie Burnett, a kinesiology (study of how the body moves) major at California State University, Northridge. Last year Burnett earned $6000 selling her eggs to a ... - | |
| George Jonas: Think of austerity as God's way of making you shape up... | As of: 2009-02-25 |
| George Jonas: Think of austerity as God's way of making you shape up- National Post, Canada- Show me a drunk driver, and I?ll show you a person with enough money for both gas and booze. Maybe hard times can?t cure alcoholism, but they can sure reduce the number of drivers who can afford to drink (or drinkers who can afford to drive). ... - | |
| A President determined to stay on course - Globe and Mail | As of: 2009-02-25 |
| ABC News- A President determined to stay on course- Globe and Mail, Canada- His address was heavily weighted with calls for root-and-branch reform, more an appeal to enlightened policy-making than a patriotic call to rally around the American myth. Mr. Obama urged every American to complete at least one year of postsecondary ...- 'We will rebuild, we will recover' Canada.com- Barack Obama the Cat's Meow For The Majority of Americans. DigitalJournal.com- Transcript of the US president's speech CBC.ca- CTV.ca - Globe and Mailall 6,258 news articles - | |
| RRSP questions - ReportonBusiness.com | As of: 2009-02-25 |
| RRSP questions- ReportonBusiness.com, Canada- Of course, you could use the money to reduce your student loans but presumably you are paying a low rate of interest on those and that amount is tax deductible. Gordon Pape's new book is Tax-Free Savings Accounts: A Guide to TFSAs and How They Can Make ... - | |
| Buyers' market - Canoe.ca | As of: 2009-02-25 |
| Buyers' market- Canoe.ca, Canada- "This next 18 months will feel like an emotional and economic roller coaster, but if you're realistic, you'll find you can make money in an up market, a down market or a flat market." What it starts with is accepting that real estate investing is not ... - | |
| Coalition making a difference - Timmins Daily Press | As of: 2009-02-25 |
| Coalition making a difference- Timmins Daily Press, Canada- Each has its own board but they work together to make sure to assist as many people as possible. "When we can help with food," Russell said, "it frees up money for the Good Samaritan Inn to buy something else. That's the beauty. ... - | |
| MI shareholder urges MEC bankruptcy - Globe and Mail | As of: 2009-02-25 |
| MI shareholder urges MEC bankruptcy- Globe and Mail, Canada- A large shareholder of MI Developments Inc. is pushing for bankruptcy of the company's Magna Entertainment Corp. unit, saying that makes more sense than continuing to prop up the embattled racetrack and gambling arm of Frank Stronach's empire. ... - | |
| Yorkville spa customers targeted in Toronto credit card scam - CBC.ca | As of: 2009-02-25 |
| CTV.ca- Yorkville spa customers targeted in Toronto credit card scam- CBC.ca, Canada- Credit card information was stolen from 216 clients of the Elmwood Spa in the spring and summer of 2008, police said at a press conference Tuesday. "Unsuspecting clients, they would have no way of knowing that their data was being compromised. ...- Cops Lay More Than A Hundred Charges In High End Credit Card Fraud ... CityNews- Spa apologizes for falling victim to card fraud CTV.ca- Four arrested after police bust alleged credit card fraud ring CP24, Canada- Global - Globe and Mailall 18 news articles - | |
| TD Bank?s Q1 profit falls 27%, but revenue rises 15% - Investment Executive | As of: 2009-02-25 |
| Reuters Canada- TD Bank?s Q1 profit falls 27%, but revenue rises 15%- Investment Executive, Canada- The bank?s Canadian personal and commercial banking division, TD Canada Trust, posted earnings of $584 million in Q1, down 2% from the same period last year. Record volume growth in the quarter was offset by compressed margins and higher loan losses, ...- TD Bank stays in the green, though Q1 profit declines 27 per cent ... 570 News- all 419 news articles - | |
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