Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
09

Liberty Mutual’s Coach Of The Year Finalist And Head Football Coach At Lake Forest College, Jim Catanzaro Is Back To Direct The 2013 Contact Football Camp In Illinois

The Contact Football Camp at Lake Forest College, June 16-20, is an established location where Head Coach Jim Catanzaro works with youth football players to ensure they gain insight on the game and improve their skills.San Rafael, CA (PRWEB) January 09, 2013The Contact Football Camp at Lake Forest College June 16-20, is an established location where Head Coach Jim Catanzaro works with youth football...
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Save the Date: eMazzanti Announces NRF Networking Party at Frames NYC Jan 14th

eMazzanti Technologies and WatchGuard join together to offer NRF attendees a night of luxurious relaxation at the Frames Bowling and Games Lounge, NYC January 14th 6:30pm.Hoboken, NJ / New York, NY (PRWEB) January 10, 2013eMazzanti Technologies, a Hoboken, New Jersey and New York City area IT expert and computer consultant, announces a networking and technology party for all NRF attendees. The party,...
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Custody Battle Continues This Month for Priceless Bahia Emerald

Bahia Claimant & Global Quest TV’s Jerry J. Ferrara in Recent Media for Missing Mayan Codex Discovery. Bahia Emerald valued at over $400,000,000Chicago, IL (PRWEB) January 09, 2013Over a decade after its discovery, the high profile legal battle continues for ownership of the rare Bahia Emerald, an 840-pound gem that is considered to be the world’s largest and heaviest emerald. Recognized as one...
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Jan
07

Rate on 30-year fixed mortgage falls to 3.98 pct.

WASHINGTON (AP) — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing.Freddie Mac says the rate on the 30-year fixed loan fell to 3.98 percent from 4 percent the previous week. Seven weeks ago, it dropped to a record low of 3.94 percent, according to the National Bureau...
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U.S. Housing Market Still On Life Support

With each passing year, the former Oracle of the Fed, Alan Greenspan, is reminded that there really was a housing bubble and lowering interest rates to record lows just matters worse.  Nearly four years after the housing market peak in 2007, record low mortgage rates are no match for falling incomes and 9% unemployment.The Case-Shiller Home Price Index, released on Tuesday, showed that nation...
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U.S. Housing Market Still On Life Support; Prices At 2003 Levels

With each passing year, the former Oracle of the Fed, Alan Greenspan, is reminded that there really was a housing bubble and lowering interest rates to record lows just made matters worse.  Nearly four years after the housing market peak in 2007, record low mortgage rates are no match for falling incomes and 9% unemployment.The Case-Shiller Home Price Index, released on Tuesday, showed that...
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Jan
03

US home sales rise 2.1 percent in October

WASHINGTON (AP) — U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.The increase along with a jump in homebuilder confidence this month suggests the housing market continues to recover.The National Association of Realtors said Monday that sales rose 2.1 percent to a seasonally adjusted annual rate of 4.79 million....
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News Summary: US home sales rise 2.1 pct. in Oct.

SALES RISE: U.S. sales of previously occupied homes rose moderately in October, helped by improvement in the job market and record-low mortgage rates. Sales rose 2.1 percent in October to a seasonally adjusted annual rate of 4.79 million according to the National Association of Realtors.INVENTORIES: A decline in housing inventory is helping push prices higher. There were only 2.14 million homes available...
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News Summary: US 30-yr mortgage rate at record low

RATES AT RECORD LOW: Average U.S. mortgage rates fell to fresh record lows this week, a trend that is boosting home sales.THE NUMBERS: Mortgage buyer Freddie Mac said the average 30-year loan rate dipped to 3.31 percent, the lowest on records dating back to 1971. The average on the 15-year fixed mortgage dropped to 2.63 percent, also a record.HOUSING RECOVERY: Home sales and construction are rising,...
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Retirement Savings Plan Reality: Save More

There's a buzz building in California over a state move to create a retirement savings plan for private employees with no workplace 401k. It might seem that everyone has plenty of access to a retirement savings plan, but at least a third of U.S. households get to retirement with just Social Security to back them up, reports MarketWatch.The "pioneering" part of such a retirement savings plan would...
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US home sales surge to highest level in 3 years

WASHINGTON (AP) — U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.The National Association of Realtors said Thursday that sales rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November. That's...
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Dec
26

Zurich puts Sandy storm damage claims at $700 million

 Zurich estimates that damage claims relating to tropical storm Sandy, which hit the United States in October, will amount to $700 million in its fourth-quarter earnings.The Swiss insurer's announcement on Monday also said that it expects $58 million of "reinstatement premiums due on reinsurance covers". The company gave no further explanation. It is due to report quarterly earnings on February...
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Laclede to double customers in $1 billion deal with Energy Transfer

 Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income.More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate,...
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Sun Life sells U.S. annuity business, shares drop

 Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled the company's...
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FactSet forecasts second-quarter results largely below estimates, shares fall

 FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.FactSet shares fell 5 percent before the bell on Tuesday.The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter earnings...
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Jefferies results beat estimates on higher fixed-income revenue

 Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering.The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China.Jefferies said...
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Dec
22

Kan. agency posting tax guidance ahead of new law

TOPEKA, Kan. (AP) — The Kansas Department of Revenue is posting guidance regarding two provisions of the state income tax law ahead of changes that take effect in January.Spokeswoman Jeannine Koranda said Tuesday that the guidance lets accountants, tax attorneys and residents know how the agency will be interpreting inconsistencies within the law. One of the items deals with how the taxpayers will...
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Harbinger Group returns to profit in 4th quarter

NEW YORK (AP) — Harbinger Group it returned to a profit in its fiscal fourth quarter, buoyed by a large income tax benefit and improved revenue for both its consumer products business and its financial services and insurance segment.For the three months ended Sept. 30, the New York-based holding company earned $159.1 million, or 78 cents per share. That compares with a loss of $107.1 million, or 77...
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NH health agency seeks $321M more in next budget

CONCORD, N.H. (AP) — New Hampshire's biggest agency asked Tuesday for $321 million more from state tax sources in the two-year state budget Gov.-elect Maggie Hassan must present to lawmakers in February.Health and Human Services Commissioner Nicholas Toumpas testified at a hearing on the request that one of the biggest increases is due to a change in how the state pays nursing homes for Medicaid care....
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First cracks in GOP resolve on tax rates

WASHINGTON (AP) — The first cracks are developing among Republicans over whether to accept a quick deal with President Barack Obama on allowing the top two income tax rates to expire, even as an administration official said the White House was stepping up behind-the-scenes negotiations.Conservative Oklahoma GOP Rep. Tom Cole told GOP colleagues in a private meeting Tuesday that it's better to make...
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