Blogs

Securing finances for your daughter

Here's how you must plan for the important milestones in your daughter's life, which include higher education abroad, and a grand wedding.

How was 2009 for investments? A flashback

Overall year 2009 has been a year of appreciation for the investors. General economic conditions, corporate earnings and foreign capital markets have all shown sign of major recoveries.

Home loans: One teases, the other eases

Teaser and step-up home loans may look similar in the beginning, but they work out differently in the later years, says Arnav Pandya.

Ameriprise Financial Schedules Fourth Quarter 2009 Investor Conference Call (Business Wire)

MINNEAPOLIS----Ameriprise Financial, Inc. plans to hold its fourth quarter 2009 investor conference call on Thursday, February 4, 2010 at 9:00 a.m. .

Forest Oil Announces Closing of Its Permian Basin Divestiture and Calls $150 Million 7 ¾% Senior Notes Due 2014 (Business Wire)

DENVER----Forest Oil Corporation today announced that it closed the previously announced sale of the remainder of its Permian Basin properties in West Texas and New Mexico for approximately $800 million to SandRidge Exploration and Production, LLC, a wholly-owned subsidiary of SandRidge Energy, Inc. , subject to customary post-closing purchase price adjustments.

Ableauctions Announces Cash Distribution (Business Wire)

OJAI, Calif.----Ableauctions.com Inc. announced today that its board of directors has declared a cash distribution on its common stock of $0.55 per share and has established December 30, 2009 as the record date for this distribution and for determining the stockholders who will be entitled to receive distributions from the liquidating entity that is to be established in conjunction with the Company’s acquisition of Top Favour Limited , if the acquisition is approved.

Ford offers retirement, buyouts to factory workers (AP)

Ford Motor Co. has offered buyout or retirement incentive packages to all of its 41,000 U.S. hourly workers as it tries to further reduce its factory work force.

Commodities prices mostly fall, gold sharply lower (AP)

Commodities prices mostly fell Monday, with gold prices tumbling following a recovery in the dollar and as money moved into stocks and other assets.

Bristol-Myers Squibb Announces Dividend Increase (Business Wire)

NEW YORK----The Board of Directors of Bristol-Myers Squibb Company today declared a 3.2 percent increase in the company’s quarterly dividend, beginning in the first quarter of 2010.

Jabil Results Top Expectations (Business Wire)

ST. PETERSBURG, Fla.----Jabil Circuit, Inc. , reported its preliminary, unaudited financial results for the first quarter of fiscal year 2010, ended November 30, 2009. “Jabil demonstrated solid execution during the quarter, delivering significant margin expansion and revenue growth on a sequential basis,” said President and CEO Timothy L.