Archive for January, 2010
A new study has identified seven top investor concerns relative to CEO succession planning. The study, consisting of twenty interviews with various players in the investment community including investment analysts, institutional investors, investment banks, private equity, activist funds and rating agencies was conducted by Integral Advisors, LLC and Board Advisor, LLC from October, 2009 to [...]
January 31st, 2010 | Posted in Economy, International, Investing, News, US Markets | No Comments
Shoppers Save Nearly $3.5 Billion by Using Coupons
Valassis announced that shoppers saved nearly $3.5 billion with coupons in 2009, according to the Year-end 2009 Consumer Packaged Goods (CPG) Coupon Industry Facts Report recently released by NCH Marketing Services, Inc., a Valassis company. A record number of coupons in the marketplace contributed to this increase of [...]
January 30th, 2010 | Posted in Companies, Economy, Industries, News, Personal Finance, US Markets | No Comments
Shoppers redeemed 3.3 billion consumer package goods coupons in 2009 — a 27% increase over the 2.6 billion redeemed in 2008. It seems harsh economic times have forced many people to suddenly get serious about saving.
A just-released report states that for the five consecutive quarters following October 2008 consumer coupon use grew by double-digits. Marketers [...]
January 29th, 2010 | Posted in Companies, Economy, Industries, News, Personal Finance, US Markets | No Comments
Moving Past the Recession and into the Recovery, Many Companies Refocus their Talent Priorities on Retention and Leadership Development
Since initiating its year-long study of global talent trends and strategies, Deloitte reveals in its latest research report that economic optimism has reached its highest level among surveyed executives since the study’s inception. According to Deloitte’s December [...]
January 28th, 2010 | Posted in Companies, Company Finances, Economy, Industries, News, US Markets | No Comments
MassMutual: Whole life insurance cash values can be overlooked source of retirement income
Nearly 45 percent of U.S. households are “at risk” of not having enough to maintain their living standards in retirement, according to the National Retirement Risk Index, a special project of the Center for Retirement Research at Boston College.
Many multicultural populations are particularly [...]
January 27th, 2010 | Posted in Economy, News, Personal Finance, Retirement, US Markets | No Comments
Nation’s Largest Servicer Ready to Go upon Release of Federal Guidelines
Bank of America announced that it is the first mortgage servicer to sign an agreement formally committing to participation in the pending second-lien component of the federal government’s Home Affordable Modification Program (HAMP). The formal action follows a verbal commitment to the program made by [...]
January 27th, 2010 | Posted in Companies, Economy, Industries, News, US Markets | No Comments
All-Time Highest Revenue and Profit New Accounting Standards Adopted
Apple® announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share. These results compare to revenue of $11.88 billion and net quarterly profit of [...]
January 26th, 2010 | Posted in Companies, Company Finances, Earnings, Economy, News, US Markets | No Comments
Company Repurchasing Preferred Stock
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today reported that it has raised additional capital in a private offering of shares of non-cumulative perpetual preferred stock of Farmer Mac II LLC, a recently organized Delaware limited liability company in which Farmer Mac owns all of the common equity. [...]
January 26th, 2010 | Posted in Companies, Company Finances, Economy, News, US Markets | No Comments
Institutions Look Beyond the Numbers as Transparency and Liquidity Risk Surpass Performance as Top Concerns Facing Hedge Fund Managers
In the wake of the investment scandals, market dislocations, and regulatory scrutiny of the past year, transparency and liquidity risk have surpassed poor performance as the top concerns for institutional investors investing in hedge funds, according [...]
January 25th, 2010 | Posted in Companies, Economy, Industries, International, Investing, News, Personal Finance, US Markets | No Comments
Populist Message Drives Votes in State Where More than 200,000 are Unemployed
A new voter poll by Davis, Hibbits, Midghall show Oregon voters giving the thumbs up to two tax measures, Measures 66 and 67.
Voters favored Measure 66, by 52 percent to 39 percent and supported Measure 67 by 50 percent to 40 percent.
“It’s time corporations [...]
January 24th, 2010 | Posted in Companies, Company Finances, Economy, Industries, News, US Markets | 1 Comment