Archive for September, 2008

Vanguard Capital Offers Triple Protection for Customer Accounts

Vanguard Capital offers clients three levels of insurance protection for personal, corporate, and qualified (retirement) accounts.
Vanguard Capital offers up to $50 million in FDIC insurance protection per account through the CDARS national certificate of deposit network. Through CDARS, individuals, corporations, partnerships, pension and profit sharing plans, and IRA accounts can receive $50 million in FDIC [...]

Wachovia Announces Bank Subsidiary Divestitures to Citigroup

Wachovia Corporation to become a focused leader in retail brokerage and asset management
Wachovia today announced intentions to sell its retail bank, corporate and investment bank and wealth management businesses to Citigroup. Wachovia Corporation will remain a public company with two main operating subsidiaries: Wachovia Securities, the nation’s third largest brokerage firm, and Evergreen Asset Management, [...]

Fast Online Auto Insurance Quote Comparisons Offered By OnlineAutoInsurance.com

The lengthy process of comparing rates is now a thing of the past. http://www.onlineautoinsurance.com/ offers Americans the ability to instantly and efficiently complete an online auto insurance comparison from a variety of leading insurers such as Progressive, Unitrin, Infinity and GMAC among other recognizable brand names.
The purpose of quote comparisons is to ensure competitive rates [...]

T. Rowe Price Introduces Enhanced Online Retirement Income Calculator For Those in Any Stage of Retirement Planning

T. Rowe Price has introduced a new retirement planning tool on its web site that enables those planning for, transitioning to, or in retirement to estimate their monthly retirement income with inflation adjustments.
Moreover, the interactive tool enables users to immediately see the impact on retirement income of changing various factors, such as the amount being [...]

Existing-Home Sales Slide on Tight Mortgage Availability

Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors(R). Sales rose in the Midwest and South but fell in the Northeast and West.
Nationally, existing-home sales — including single-family, townhomes, condominiums and co-ops — declined 2.2 percent to a seasonally [...]

Hedge Fund Investor Fights for Disclosure from Bankrupt SageCrest

Westerly Capital LLC, which last June sued the managers of the now bankrupt and besieged managers of the SageCrest hedge funds alleging several breaches of their duties to investors, advanced their case in court today by serving on the Defendants Interrogatories and Document Requests requiring disclosure of a wide variety of financial documents. Windmill Management, [...]

Hyundai Gains Nine Percent in Global Brand Value

Hyundai Claims 72nd Most Valuable Brand in the World in 2008 BusinessWeek/Interbrand ‘Best Global Brands’ Study
The Hyundai brand continues to grow as its value rose by nine percent to $4.8 billion in the 2008 Top 100 Global Brands study jointly conducted by Interbrand, a leading consultancy in branding, and BusinessWeek.
Since debuting in 2005 on [...]

Dow Jones Announces Strategic Alliance With EFE

Agreement Signed to Develop Pre-eminent Spanish-Language News Service for Financial Service Professionals and Private Investors
Dow Jones, a leading provider of global business news and information services, has signed a strategic alliance with Agencia EFE, the world’s fourth-largest news agency. Together they will develop an exclusive joint Spanish-language news service — EFE Dow Jones News [...]

Dow Jones Introduces Dow Jones Global Markets News, First in a Series of Innovations for Financial Professionals

New Service Will Assist Global Equity Market Participants in Identifying Market and Deal Opportunities
Dow Jones & Company, a News Corporation company introduced Dow Jones Global Markets News, the first in a series of innovative solutions designed to provide an edge for financial professionals seeking timely and useful market information.
Dow Jones Global Markets News is [...]

SIPC: Lehman Brothers Inc. Liquidation Proceeding Paves Way for Asset Purchase Agreement by Barclays

The Securities Investor Protection Corporation (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms, issued the following statement today in relation to Lehman Brothers Inc. (LBI), a SIPC member.
SIPC President Stephen Harbeck said: “I am pleased to be able to report this morning that SIPC’s timely intervention [...]