Archive for the 'Company Finances' Category

Aflac Incorporated Announces Second Quarter Results, Declares Third Quarter Cash Dividend

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Aflac Incorporated reported its second quarter results.
Reflecting a stronger yen to the dollar, total revenues increased 15.2% to $4.3 billion during the second quarter of 2008, compared with $3.8 billion a year ago. Net earnings were $483 million, or [...]

United Financial Bancorp, Inc. Completes Share Repurchase Plan

United Financial Bancorp, Inc. (the “Company”), the holding company for United Bank (the “Bank”), announced today that the Company has completed its repurchase of 359,581 shares of its outstanding common stock, representing approximately 2.0% of the Company’s total outstanding shares, at an average price of $11.79. The shares were repurchased in connection with the Company’s [...]

Credit Union Streamlines Operations Through Outsourcing Partnership With Diebold

OnPoint Community Credit Union Responds to Consumer Demands
Diebold, Incorporated, the global leader in integrated self-service delivery, recently partnered with OnPoint(R) Community Credit Union to provide a comprehensive outsourcing solution. OnPoint Community Credit Union, the largest credit union in Oregon serving approximately 186,000 members, currently has 45 automated teller machines (ATMs) and plans to add [...]

Hellman & Friedman Backs SSP Holdings in a GBP198 Million Investment

SSP Holdings plc (”SSP” or “the Company”) (AIM: SSPH), a key provider of IT solutions to the global insurance industry, and an entity owned by funds managed or advised by the private equity firm Hellman & Friedman LLC (”H&F”) announced today that they have agreed the terms of a recommended cash acquisition to be made [...]

AEGON Releases EUR 315 Million of Capital Through Securitization

AEGON announced today that it has successfully completed an innovative securitization transaction to improve capital efficiency and optimize the capital structure as part of the Group’s new strategy. This transaction adds around EUR 315 million (GBP 250 million) of core capital, thus enhancing the financial flexibility of the Group. Also, the transaction improves the return [...]

Global Sources to Buy Additional Shenzhen Office Space to Accommodate Expansion

US$34.7 Million Invested in 6,364.5 Square Meters Grade-A Office Space Located in the Heart of Shenzhen’s Central Business District
Global Sources has entered into contracts to purchase additional office space in Shenzhen’s Central Business District, which will be leased to the Company’s sales representatives, as part of their China expansion.
The total purchase price for the 6,364.5 [...]

How Much Money is Your Business Wasting?

New research from PowWowNow finds that businesses waste GBP55m of the GBP210m spent each year on conferences-by-’phone, according to a new study.
There’s no doubt that ‘phone conferencing is an important aspect of mobile working. Workers at all levels need to be able to reliably stay in touch with co-workers and clients. And it’s a powerful [...]

Swicorp Links Deal With Leading Contemporary Carpet Manufacturer and Retailer in Turkey

Swicorp, a leading financial advisory and private equity firm in the Middle East and North Africa region, has acquired what will be a majority stake in Step, the leading contemporary carpet manufacturer and retailer in Turkey.
Having redefined the carpet business - one of the most traditional businesses in Turkey - and gained a foothold in [...]

mobiclear Announces New Stock Symbol: MOBI

mobiclear, Inc. (OTC Bulletin Board: MBIR; Frankfurt: B3CA), (http://www.mobiclear.com/), owner of the unique, patent pending Personal Identification Verification solutions system to help eliminate credit and debit card fraud, announced that as of the opening of trading today, July 21, 2008, it has obtained a new trading symbol, OTC BB: MOBI, and effected a 250 for [...]

Financing Disaster: How Much Insurance Is Enough?

These days, you can insure everything from your pet to your daughter’s honeymoon. When it comes to daily living, there is so much to insure and the policies are difficult to understand.
When making choices to protect yourself and your family, the subject of insurance can be overwhelming, says Frank N. Darras, the nation’s leading disability [...]