Financial Temperature - Finance News

Finance News

Century Security Bank latest failure in Georgia Friday, March 19, 2010 @ 5:07PMMarch 19, 2010 Century Security Bank in Johns Creek just closed its doors for the last time, the latest bank closed by the Ga. Department of Banking and Finance.
Future of jobs, programs uncertain Friday, March 19, 2010 @ 5:07PMKU community faced with retrenchment due to deficit
Bertram gets shot in the arm Friday, March 19, 2010 @ 5:07PMAfter a few months of frustration, including a big "doughnut" in grant money from the Legislative Citizens Commission on Minnesota Resources panel, the Bertram Chain of Lakes Regional Park got a shot in the arm thanks to a big grant from the new Parks and Trail Legacy group.
Blockbuster May File for Chapter 11 Bankruptcy Friday, March 19, 2010 @ 5:06PMJust a few years ago it would have been unthinkable. Blockbuster’s name was up there among the giants; it was one of those companies that could never die. The changes in the economy and changes in the viewing habits of movie watchers have taken their toll and now it looks as if Blockbuster may have to file for bankruptcy.
Tears, laughter mark necro service for ‘angel of budget’ Friday, March 19, 2010 @ 5:06PMStories about Emilia Boncodin’s frugality drew much laughter. Tears and laughter—but mostly laughter—marked the necrological rites for former Budget Secretary Boncodin held Thursday night by her friends and colleagues in government service.
City’s 2010 mantra: maintain and improve Friday, March 19, 2010 @ 5:05PMAs the city continues to trudge its way through the quagmire of an economic slump, Monticello’s city staff told a collection of business leaders Tuesday it is focused on retention and recovery, as well as a bit of maintanence.
Nestle and Facebook: flashmob fail? Friday, March 19, 2010 @ 5:04PMMuch is being made of the Nestle PR debacle. All perfectly understandable. References to the bombing of Nestle's Facebook presence are already being hailed as a social media case study in the making. Again, understandable. But...is it making any difference to Nestle? Tom Raftery of Greenmonk reckons it is: Now, in any social media forum (or any forum for that matter), threatening people with ...
First snow patrol for polar bear cub (once mum has smartened him up) Friday, March 19, 2010 @ 5:04PMA polar bear introduces her cub to the fresh Arctic air . The scene was captured by Steve Kazlowski, a wildlife photographer, during the cub’s first moments outside the snow cave where it was born. There are only about 20,000 to 25,000 polar bears left in the wild.
Oil ministry wants market-linked prices Friday, March 19, 2010 @ 5:03PM"For 2010-11 and beyond, the Kirit Parikh report will be the benchmark. The report is being studied.These decisions are politically sensitive issues and have to be sustained over a period of time," Petroleum Secretary S Sundareshan told Business Standard. "It is impossible to insulate the Indian consumer against the movement in international oil prices."
Spain’s EU presidency, steps towards renewing economy Thursday, March 18, 2010 @ 4:45PM“Romania has a lot to learn from Spain, and I am here to voice my country’s hope that we can join our forces, under the Spanish Presidency, in a renewed effort for ‘Innovative Europe.’
Commission wants to buy new aerial ladder truck Thursday, March 18, 2010 @ 4:45PMThe Ladysmith Police and Fire Commission voted 4-0 last Wednesday to recommend buying a new aerial ladder fire truck after also considering a used vehicle.
Greece urges EU aid, but Germany 'open' to IMF appeal Thursday, March 18, 2010 @ 4:44PM(BRUSSELS ) - Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.
Aides first in school budget cuts Thursday, March 18, 2010 @ 4:44PMMore than 40 teacher’s aides in the DeKalb County School System could soon be looking for other employment.
Parents Of Disabled Children Protest Proposed Cuts Thursday, March 18, 2010 @ 4:44PMAdvocates for the disabled are speaking out against proposed state budget cuts that they say could compromise care.
Diddy Places Bid on London Soccer Team? Thursday, March 18, 2010 @ 4:44PMFiled under: Hip-Hop News , Side Gig Diddy recently locked down a June 22 release date for his long-delayed album, 'Last Train to Paris,' but according to reports, the Bad Boy mogul has already set his sights on a new business venture in the UK. The Sun reported on Thursday (March 18) that Sean Combs was in talks to purchase an English soccer team. They revealed that Diddy is allegedly leaning ...
Obama scraps Asia trip as health plan faces Sunday test Thursday, March 18, 2010 @ 4:43PMWASHINGTON -US President Barack Obama on Thursday scrapped a planned trip to Asia in favor of making an 11th-hour drive to see his historic health care overhaul through a cliffhanger Sunday vote.
Economic mixed bag Thursday, March 18, 2010 @ 4:42PMRON is going up, yet so does unemployment, to peak in May and June, labor minister says. Economic mixed bag reported yesterday, as the RON/EUR exchange rate reached a low level, while the perspectives related to unemployment are less encouraging, according to the labour minister Mihai Seitan.
Food price inflation eases, rate rise still seen Thursday, March 18, 2010 @ 4:40PMIndia ’s food price inflation eased for the second straight week in early March but fuel inflation rose, maintaining the case for the central bank to raise borrowing rates at its April policy review.
Iowa Attorney General Talks Mortgage Hotline Thursday, March 18, 2010 @ 10:23AMThe Iowa Attorney General's Office is holding a press conference on Thursday morning to talk about the Iowa Mortgage Hotline.
County urged to resist temptation of using $1.3M surplus for tax cuts Thursday, March 18, 2010 @ 10:23AMPeterborough County's projected surplus from 2009 is $1.3 million but on Wednesday county officials urged council to resist the temptation to use that money to lower the tax increase this year. "We have turned to these reserves to help us through bad times.[...]
Your Source for Daily FOREX Market News and Analysis Thursday, March 18, 2010 @ 10:23AMThe Pound was mixed overnight as a the U.K. public finance report showed the country’s budget deficit for February missed expectations for a 14B increase with a print of 12.4B. A disappointing mortgage approvals report has offset any bullish sentiment by falling to 48K from 49K amidst expectations of 54K. The directionless price action has left the GBP/USD within its descending channel, creating ...
Lawyer: Dem fundraiser Nemazee to plead guilty Thursday, March 18, 2010 @ 10:23AMA defense lawyer says a former top fundraiser for Hillary Clinton intends to plead guilty in a federal bank fraud case.
Human services face budget challenges Thursday, March 18, 2010 @ 10:23AMThe parade of departmental budget presentations continued with the Community Services Board and Department of Social Services. The Board of Supervisors listened to the human service agencies' proposed Fiscal Year 2011 budgets at its March 10 meeting.
County looks at spring projects Thursday, March 18, 2010 @ 10:22AMSpring is arriving, and with it, construction season.
Civic Center Authority deals with unexpected elevator repair, HVAC computer software bills Thursday, March 18, 2010 @ 10:22AMThe Quincy Civic Center Authority on Wednesday authorized Oakley-Lindsay Center Executive Director Rob Ebbing to seek bids to rehabilitate an elevator at the center.
Burlington Telecom panel awaits consultant's report Tuesday, March 16, 2010 @ 3:41PMThe Burlington Telecom "blue ribbon committee" voted unanimously Monday to wait until a newly hired financial consultant assessed BT before hearing a proposal from the so-called Group of 9 to take control of the troubled municipal telecom company.
Chirico’s 4 a.m. Ice Cream Seals Tommy Hilfiger Deal (Update2) Tuesday, March 16, 2010 @ 3:41PMMarch 16 (Bloomberg) -- It took Phillips-Van Heusen Corp. Chief Executive Officer Emanuel Chirico more than 2 years and 15 pints of ice cream to seal the $3 billion takeover of Tommy Hilfiger BV.
Residents Want to Buy Capitola's Surf and Sand Tuesday, March 16, 2010 @ 3:41PMResidents of Capitola's Surf and Sand Mobilehome Park hope to come up with a purchase offer that the Reed family won't refuse. The Reed family, which owns the park, has requested a subdivision to sell each of the 73 spaces in their mobile home park as separate lots.
With Steve Case in Mind, BrainScope Adds $2.4M to Coffers - cbl Tuesday, March 16, 2010 @ 3:40PMBy citybizlist StaffBETHSEDA - With venture backing, a high-powered board and a high-profile product...
EXTRA: Court costs; Inmate executed; Tiger's return Tuesday, March 16, 2010 @ 3:40PMCOUNCIL COMMITTEES TO DISCUSS COURT: Marietta City Council's public lands, buildings and parks and finance committees will meet in a joint session today to consider the costs to renovate the former Ohio Bureau of Employment Services building into a new municipal court. The meeting is scheduled for 5 p.m. today in Room 200 at 304 Putnam St.
Fitch Rates Class A-2SFX of JPMCC 2006-LDP9 Tuesday, March 16, 2010 @ 3:40PMNEW YORK----Fitch Ratings assigns the following rating, Loss Severity rating, and Rating Outlook to class A-2SFX of J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP9 pass-through certificates, series 2006-LDP9:
Gladstone Capital renews $127M credit agreement Tuesday, March 16, 2010 @ 3:39PMGladstone Capital Corp., which invests in corporate debt, on Tuesday said it renewed a $127 million credit agreement. The revolving line of credit, provided through Key Equipment Finance Inc., BB&T and ING Capital, matures on March 15, 2012.
Ravenstahl parking garage plan gains support Monday, March 15, 2010 @ 11:23PMA trio of legal opinions on Monday boosted Pittsburgh Mayor Luke Ravenstahl's argument that leasing parking authority garages to a private entity is the best plan for infusing cash into the troubled city pension fund.
Cost-Saving Ideas Monday, March 15, 2010 @ 11:22PMIt was short on numbers and long on ideas, but Monday's meeting between the Jamestown City Council and the labor union representing the city's firefighters was characterized as productive by both sides.
Gold May Advance as Greece Rescue Doubts Increase Haven Demand Monday, March 15, 2010 @ 11:21PMMarch 16 (Bloomberg) -- Gold, trading little changed in Asia, may gain for a second day as investors seek a haven amid doubts European finance ministers will approve a financial rescue package for Greece.
Grey’s top staffer retires at month’s end Monday, March 15, 2010 @ 11:20PMGary Wood smiled as he recalled his first encounter with a Sun Times reporter. The mayor of the day had told Wood, the new Owen Sound treasurer, to rip up a parking ticket. The reporter wanted to know if he did it all the time and had the authority to do it.[...]
Glamour boy Beckham to miss World Cup after injury Monday, March 15, 2010 @ 11:20PMLONDON (AP) — Unless David Beckham can mend it as well as he can bend it, soccer's now-limping glamour boy will miss this summer's World Cup — a blow to tournament organizers, sponsors, TV viewers and average fans.
Pratt voters will decide project's fate Monday, March 15, 2010 @ 11:19PMPRATT - The Pratt City Commission gave its answer: There will be another question on the April 6 bal ...
Packers give Tauscher new multi-year contract Monday, March 15, 2010 @ 11:19PMMILWAUKEE (AP) — Veteran Green Bay Packers right tackle Mark Tauscher has agreed to terms on a multi-year contract that will bring him back to the team, his agent said Sunday.
Owner of Amber Lion Antiques in New Brunswick is a wiz at restoration Monday, March 15, 2010 @ 11:18PMNEW BRUNSWICK — Rob Marchisotto always had an eye for detail and loved working with his hands, but he didn't realize right away that those loves would become the basis for his life's work.
GeckoSystems Improves Elder Care Robot Trials Monday, March 15, 2010 @ 11:18PMCONYERS, GA--(Marketwire - March 16, 2010) - GeckoSystems Intl. Corp. ( PINKSHEETS : GCKO ) ( http://www.geckosystems.com/ ) -- announced today that they have recently improved GeckoChatT, their verbal interaction software, and GeckoSchedulerT, their "event timing" software for better understanding by the care receiver and easier usage for the care giver. GeckoSystems ...
Dealers wary of return to GM Monday, March 15, 2010 @ 11:18PMSome say retaining a franchise could be a complicated issue
Schaeuble to Attend EU Greece Talks After Surgery (Update1) Monday, March 15, 2010 @ 5:57AMMarch 15 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble is attending a meeting of European finance ministers after doctors released him from hospital, his spokesman said.
Banks to carry out brokerage activities on Qatar's bourse Monday, March 15, 2010 @ 5:56AMBanks to carry out brokerage activities on Qatar's bourse
(AFX UK Focus) 2010-03-15 10:49 UPDATE 1-Kuwait's Global seeks arbitration in $50 mln rows Monday, March 15, 2010 @ 5:56AMKUWAIT, March 15 (Reuters) - Kuwait's Global Investment House said it is seeking arbitration over disputes with two local firms over about $50.2 million. Global is seeking arbitration from Kuwait's chamber of commerce and industry for a dispute with Kuwait City Holding Co over 11.57 million dinars ($40.19 million) for an agreement that both firms signed in 2008, Global said in a statement on the ...
U.S., U.K. Move Closer to Losing Rating, Moody’s Says (Update1) Monday, March 15, 2010 @ 5:56AMMarch 15 (Bloomberg) -- The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service.
Novolipetsk May Buy Duferco’s Half of Venture, Vedomosti Says Monday, March 15, 2010 @ 5:56AMMarch 15 (Bloomberg) -- OAO Novolipetsk Steel may buy out Swiss steelmaker Duferco Group’s half of their Steel Invest & Finance venture, Vedomosti reported, citing an unidentified Novolipetsk official.
Jayshree Chemicals to float rights issue Monday, March 15, 2010 @ 5:55AMS K Bangur group Jayshree Chemicals Ltd today said it would float a rights issue to part finance its modernisation-cum-expansion project.
Snow bills are snow balling Monday, March 15, 2010 @ 5:55AMMichael P. Rellahan WEST CHESTER — Chester County officials trying to secure federal funding to reimburse local municipalities' snow removal costs this winter know there are obstacles to conquer. But they feel they have numbers on their side.
Economy will grow but with inflation, warns Jaitley Monday, March 15, 2010 @ 5:55AMBJP today asked the government to protect the salaried income people from the impact of price rise as inflation remains its biggest worry.