Wall Street treads water ahead of New Year
CNN Money - is up 7.4 percent, which is less impressive than last year’s 14.89 percent gain, but superior than the 3.16 percent gain in 2005. The Nasdaq composite index, on the other hand, is up more than 9 percent for the year, thanks to advances by companies
Bank of Portugal opens investigation on BCP’s links to offshore
Forbes - LISBON (Thomson Financial) - Portugal’s central bank said it has opened an investigation on Banco Comercial Portugues SA, regarding BCP’s links to 17 offshore companies, for which BCP failed to properly report its nature and activities. The Bank of
Better Offshore Won’t Buy Ocean Flow
CNBC - Jim Mermis, Superior’s president and chief executive, said that both companies decided that it wasn’t the right time for such a deal. Superior also said Friday that it settled a dispute over the charter of the DP-II vessel, Toisa Puma. Under the
US market serving as magnet for Israeli companies
International Herald Tribune - CLEVELAND, Ohio : When future surgeons need to practice, some of them use medical simulators made by Simbionix Ltd., a company that was born in Israel but now calls northeastern Ohio home. With a major investor from Cleveland, grant money from the
China’s Shifting Microfinance Landscape: New Players, Old Problems
Street.Com - Village banks, which may charge twice the central bank base rate, and fledgling microcredit companies (MCCs) might charge up to four times the base rate. However, those arguing for further liberalization believe that added incentives are required to
UPDATE 2-Centerline cuts dividend, outlook; shares plunge
Reuters - Centerline also stated an affiliate of Related Companies, its largest shareholder and a New York-based developer, will invest $131 million in the company through newly issued convertible preferred stock. The company plans to use the net proceeds from
Centre rushes four more CRPF companies to Orissa
Times of India - NEW DELHI: The Centre on Friday rushed four 400 more CRPF personnel to violence-hit tribal-dominated Kandhamal district in Orissa where suspected saffron activists attacked churches. This is in addition to over 300 CRPF personnel who were deployed on
XL Capital Ltd Announces Resignation of Board Chairman Michael P
Forbes - O’Hara and Senter had served on the SCA Board pursuant to a transition services agreement entered into between the two companies at the time of SCA’s initial public offering. XL has the right to appoint directors constituting a substantial minority
Shares of trucking companies climb after report says freight demand
CNBC - NEW YORK - Shares of trucking companies mostly rose in midday trading Friday, after a report by the American Trucking Associations indicated U.S. shipments rose by 3.3 percent in November _ an encouraging sign in year of slipping freight demand. Last
Peet’s shuns Starbucks’ grande growth plan
Seattle Times - Early ownership overlap: Starbucks’ owners purchased Peet’s in 1984 and three years later sold Starbucks to Howard Schultz and a group of investors. Different paths: Both companies are publicly traded now — Peet’s with almost 170 stores, mostly on the
Canada Stocks Advance, Led by Barrick Gold, Suncor, Royal Bank
Bloomberg - Dec. 28 (Bloomberg) — Canadian stocks rose for the fifth time in six days, led by Barrick Gold Corp., Suncor Energy Inc. and other metals and energy companies, as bullion headed for its biggest yearly gain since 1979 and oil touched a one-month high
Verizon Challenges Virginia Ruling on Competitiveness (Update1)
Bloomberg - Vonage Holdings Corp. and Ntelos Holdings Corp. are among the companies that would be deemed competitors under that test, New York-based Verizon stated this day in a petition. The proposal “would ensure that this test accurately reflects
Superior Offshore cancels merger pact with Ocean Flow
Reuters - Dec 28 (Reuters) - Better Offshore International Inc (DEEP.O: Quote , Profile , Research ) concurred with Ocean Flow International LLC to cancel a merger agreement between the two companies, saying it wasn’t the right time to complete the merger. The
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Your boss could be like your ideal friend or your worst enemy. Here are some articles that will help you survive any relationship turmoils with your boss:
A recent ruling handed down by the Equal Employment Opportunity Commission has given employers discretion in using Medicare eligibility as a factor when calculating 
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