Archive for the 'Companies' 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 [...]

Fortune 500 Networking & Best Practice Sharing Conference in Philadelphia: Early Registration Ends This Week

Take advantage of quick and easy travel to historic Philadelphia,
Pa. to attend the 10th Annual Quality Excellence Conference: How
Process Improvement Leaders Produce Profits in Recessions (view full
conference agenda at http://www3.best-in-class.com/gr170.htm), sponsored by Best Practices, LLC’s GLOBAL BENCHMARKING COUNCIL, September 22-24, 2008, at The Ritz-Carlton Hotel.
Early bird registration ends this week, so sign up today at [...]

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 [...]

BluePhoenix Solutions to Modernize Legacy Databases and Applications for U.S. Department of Energy

Project to Increase Resource and Manpower Availability, Cut Costs and Enable Development of Enhanced Functionality
Database and Application Technology to be Migrated Include ADABAS/Natural, VSAM/COBOL, JCL, Assembler, CLIST, SuperWylbur, PL/I, CA Easytrieve and SAS to a Java/Oracle Environment
Project Estimated at $1.1 Million and Expected to Take 15 Months to Implement
BluePhoenix Solutions (NASDAQ: BPHX), the leader in [...]

AMERIGROUP Reaches Agreement in Principle to Settle Illinois Qui Tam Litigation

AMERIGROUP Corporation announced today that it has reached a comprehensive settlement agreement in principle that will conclude its civil qui tam litigation relating to certain marketing practices of the Company’s former Illinois health plan. The agreement in principle is subject to the completion of definitive settlement documentation by the parties.
In 2007, the Court had entered [...]

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 [...]