Fed rejects Bank of America’s dividend hike plan, but bank intends to resubmit request
NEW YORK, N.Y. – Bank of America said Wednesday the Federal Reserve has objected to its plan for raising its dividend in the second half of this
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Special Report: Inside Baseball’s Debt Disaster
(I wrote this story with my colleague, Nathan Vardi. Follow him here. The story will appear in the April 11 issue of FORBES, on newsstands this week.)
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A Shift in the Balance of Debt Obligations – Off the Charts
After growing rapidly for almost 20 years, the outstanding debts of the financial sector and households fell in the last two years.
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Warner Chilcott Guides
Warner Chilcott upped its adjusted earnings per share projection to $3.60 to $3.70 from the earlier guided range of $3.45-$3.55.
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Inside Job director on Geithner, Goldman, and criminal bankers
Charles Ferguson elaborates on his famous Oscar speech about how no one from the financial crisis has gone to jail.
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Everybody’s Phone Company Announces New Agreements With National Servicing Corp. Which Will Allow 30-50% Increase in …
HOUSTON, TX–(Marketwire – 03/16/11) – Everybody’s Phone Company (Pinksheets: EVPH – News ) announces the newest direction in company growth. The Company entered into a contract which guarantees a 30-50% increase in profit that could approach $200,000 a month in revenue. The Consulting Agreement with National Servicing Corp. allows EVPH to enter the trillion dollar loan investment industry. EVPH …
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Duke Energy to Bail Out the Democratic National Convention by Committing $10 Million Loan Guarantee
Policy experts from the National Center for Public Policy Research are expressing outrage over the decision of Duke Energy CEO Jim Rogers to use shareholder money to back the 2012 Democratic National Convention.
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New bridge nears completion
The new bridge over Charles Creek in Elizabeth City is nearly complete. Dear Reader, This content is only available to subscribers of The Daily Advance print and/or e-edition.
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Q&A: Sam Ghosh, CEO, Reliance Capital
A day after roping in Japan’s largest life insurer, Nippon Life, as a 26 per cent equity partner in Reliance Life, his insurance business, Sam Ghosh , CEO of Reliance Capital, tells Niladri Bhattacharya his company is set for a high-growth phase in the coming year.
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A tax test on canceled debt
Follow the rules if you want to avoid federal tax hassles.
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Northern Rock ‘on road to recovery’
Northern Rock insisted today that it was on the road to recovery despite posting an annual loss as it prepares itself for private ownership.
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Structured Solutions has hired workers
Structured Solutions, the California-based, high-technology company that promised to create 200 jobs in Grand Island, has hired six employees.
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Outside the Box: Fannie should leave jumbo loans alone
Fannie Mae, Freddie Mac and the FHA should get out of the business of offering jumbo mortgages, and let the private sector take over, writes Arkadi Kuhlmann, president of ING Direct USA.
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County Locks In 5-Year Interest Rate For Highway Shop
Aiming to be realistic about paying off a loan for a new Highway Department shop, the Yankton County Commission decided Tuesday to lock in an interest rate for five years instead of three.
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Short sale hits credit regardless of cause
Dear Real Estate Adviser, We were forced to relocate 19 months ago due to job loss. We are upside down in our mortgage on the old place and renting it out for much less than the payments.
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