Archive for August, 2012:

Is Money Looking for You? Life Insurers Start to Seek Out Missing Beneficiaries

Date: Aug 18 2012
Filed under: Insurance, MetLife Years ago, Valerie Jundt's brother told her that his employer, Amoco, was offering him a life insurance policy at a reduced premium. Just 25 and single, and with nary a thought he wouldn't outlive his parents, he ...Read More »

Stock indexes close up for six straight weeks of gains

Date: Aug 18 2012
Wall Street still watching to see whether benchmark stock indexes can break through new bull market highs. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/oJUKB0GAek4/1 Read More »

Officials allege $600M Ponzi scheme through ZeekRewards.com

Date: Aug 18 2012
Federal securities regulators say the North Carolina company operated a Ponzi scheme that is on the verge of collapse. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/1SpodI2_sIA/1 Read More »

SEC charges Eddie Murray with insider trading

Date: Aug 18 2012
The Securities and Exchange Commission on Friday charged Hall of Famer Eddie Murray, who was allegedly tipped by an ex-teammate. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/Thw7ub68ss0/1 Read More »

Facebook, Molycorp Join ’52-Week Low’ Club

Date: Aug 18 2012
Filed under: InvestingToday's 52-week low club, the third in 24/7 Wall St. history, includes a repeat guest and a newcomer. Groupon (NASDAQ: GRPN) also hit a 52-week low Friday, but we decided it was time to invite some other companies to join ...Read More »

24/7 Wall St. Closing Bell — August 17, 2012: Markets Up on Light Volume, Little Enthusiasm (GRPN, PSX, WLP, GTAT, KKD, ARO, CRMT, BRCD, GPS, MRVL, ANN, FL, SJM, COCO, LOW, URBN, BBY, TECD, WTSLA, CHS, HPQ, KYAK, ADSK, BIG, CKP)

Date: Aug 18 2012
Filed under: InvestingThe three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn't have the last word on this (our ...Read More »

Bain Closes U.S. Plant, Forces Workers to Train Chinese Replacements

Date: Aug 18 2012
Filed under: Money and Politics, Jobs Throughout this presidential election cycle, we've heard attacks on the business practices of Bain Capital, the private equity firm co-founded by Mitt Romney in 1984. Most recently, a political action committee that supports the re-election ...Read More »

Profit Sense Innovations Announced The Launch Of It’s New Department

Date: Aug 18 2012
1888PressRelease - Profit Sense Innovations now has it's new department which handles taxation of the company and business individuals. It helps by reducing the tax returns and reducing overall costs. Profit Sense Innovations, http://www.profitsi.com/psi/index.html , today announced the launch ...Read More »

Office Opening Announcement of Oliver Kramp Business Solutions Ltd. Co in Bangkok, Thailand

Date: Aug 18 2012
1888PressRelease - Oliver Kramp Business Solutions Ltd. Co announced the official launch of its new business operation in Bangkok, Thailand. The team consisting of Thai and German professionals has settled into their new company's headquarter which is situated at: - ...Read More »

Major stock indexes flirt with setting multiyear highs

Date: Aug 17 2012
Wall Street watching to see whether benchmark stock indexes can break through new bull market highs. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/oJUKB0GAek4/1 Read More »