United States Represents Nearly 30 Percent of Worldwide Projects
The Netherlands, one of the world’s largest foreign direct investment (FDI) recipients in 2009, posted strong results for a year marked by slow recovery from a global economic recession. The Netherlands Foreign Investment Agency (NFIA) supported the attraction of 155 foreign investment projects, representing 3,887 jobs and [...]
Manulife Forms Financing Syndicate; Provides $88.5 Million To Support Project Developed By Boralex Inc.
Project Expected To Be Fully Operational Later This Year
Manulife Financial announced the completion of a $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt (“MW”) wind farms in south-western Ontario.
Manulife formed [...]
Enhances CONSOL Energy’s Position As the Leading Appalachian Diversified Energy Company With A Balanced Portfolio of Coal and Natural Gas Adds 1.04 Tcf of Proved Reserves, 41 Bcf of Annual Production and Triples CONSOL Energy’s Strategic Marcellus Shale Gas Holdings to Approximately 750,000 Acres
CONSOL Energy Inc. announced that it has entered into a definitive agreement [...]
PepsiCo announced that its Board of Directors approved a plan to increase cash returns to shareholders by raising the company’s annual dividend and its share repurchase authorization amount.
PepsiCo Chairman and CEO Indra Nooyi said: “From 2005 through 2009, we distributed over $26 billion to our shareholders through dividends and share repurchases. The Board’s action reflects [...]
Monthly retail sales figures released by the Department of Commerce show strong gains despite foul weather conditions that plagued much of the east coast in February, noted the Retail Industry Leaders Association (RILA).
Retail sales outside auto dealers increased by a healthy 0.8 percent in February following a solid 0.5-percent gain in January; non-auto retail sales [...]
New study reveals local consumers access an increasing number of online media sources before buying; use of online coupons and appointment scheduling on the rise
Nearly all consumers (97 percent) now use online media when researching products or services in their local area, according to BIA/Kelsey’s User View Wave VII, an ongoing consumer tracking study conducted [...]
More Than 500,000 Other Modifications Have Been Completed Since January 2008
Bank of America has completed nearly 21,000 mortgage modifications under the federal government’s Home Affordable Modification Program (HAMP), according to the bank’s latest monthly progress report to the Department of Treasury.
“We are in a position to show strong results in completion of permanent HAMP modifications [...]
Property and casualty insurance industry net income nearly tripled in 2009, to $35 billion, according to the Highline Data Performance Monitor.
The Performance Monitor, which aggregates key statutory financial data reported by individual insurance companies every quarter, also found that the life insurance industry saw net gain from operations more than triple to a five-year high [...]
Changes Enhance Control, Choice and Clarity for Customers
As part of its commitment to provide more control, choice and clarity for its customers, Bank of America announced that beginning this summer it will only authorize single debit card transactions at the point of sale if a customer has enough money in their account at the time.
This [...]
Guardian Analytics and Ponemon Institute Study highlights 40 percent of small and medium businesses change banks after a fraud incident
Guardian Analytics, the innovator in predictive analytics-based fraud prevention software, together with independent research firm, Ponemon Institute, announced the results of the 2010 Business Banking Trust Study. Over 500 executives and business owners from small and [...]