Posted on : 16-02-2010 | By : admin | In : Financial News
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Yesterday’s $9 per share bid from Simon Property Group (SPG), even if it does not materialize, is very good for General Growth Properties’ (GGWPQ.PK) shareholders and for GGP to remain as a standalone independent entity.
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Posted on : 16-02-2010 | By : admin | In : Financial News
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On Tuesday, Brown president Ruth Simmons explained that the decision as to whether she should continue to sit on the board of Goldman Sachs (GS) was a complex one which would not be taken lightly:
If Simmons were to leave Goldman’s board, she said, she does not think she would join another board…
One reason Simmons cited not to seek out new positions was that the seniority she now enjoys on Goldman’s board allows her to advocate for programs to help women and minorities.
Simmons said that, as with her retirement from Pfizer’s board three years ago, when to call it quits with Goldman will not be a decision she makes by herself, but rather in cooperation with the Corporation, the University’s highest governing body, with which she meets regularly to evaluate her actions.
“I feel very strongly that I don’t know enough as an individual — a sole individual — to make that decision alone,” she said.
On the other hand, it seems that complex decisions on such matters can still be taken quickly. Goldman put out a p
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Posted on : 15-02-2010 | By : admin | In : Financial News
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How to Find a Good Contractor & Save Money
If you’re like me, your home is your baby. You wouldn’t hire the first babysitter that you found in an ad without first asking some questions and doing a little research, would you? So why do the same with your home?
When you hire out a contractor to do work on your home, you want things done right and at a reasonable price. Over the years, I’ve seen a number of people get screwed by hiring a ‘jack of all trades handyman’ who said they could just about everything. In reality, they could do a lot…. of destruction, that is (oh snap)!
No, really folks – to protect yourself from getting ripped off by a contractor, make sure you take these steps:
1. Verify the Co
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Posted on : 15-02-2010 | By : admin | In : Financial News
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Though some consumers may be trying to avoid using their credit cards, a recent report indicates they may have also been more likely to get an offer for an account at the end of last year.
According to Synovate, a market research firm, providers of credit cards increased mailings by 46 percent in the fourth quarter of 2009. In all, mailings amounted to 398.5 million offers, an increase from the 272.5 million seen the quarter prior.
Though the numbers of mailings were up in the last quarter of 2009, they are still lower when compared to the year before. Read more…
Posted on : 15-02-2010 | By : admin | In : Financial News
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The holiday season has left many Americans unsure about their security, according to a survey released Tuesday by financial service provider Country Financial.
While the company’s Security Index showed improvement at the end of 2009, it fell by 3.2 points in February. This decline is often witnessed early in the year, when credit card bills from the holidays start coming in, according to Keith Brannan, vice president of financial security planning for Country Financial.
“This year’s decline is more severe, however, and probably represents the struggle to remain patient with our nation’s financial recovery,” Brannan said. Read more…
Posted on : 15-02-2010 | By : admin | In : Financial News
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Weichert Realtors announced the launch of its new Claim-No-Claim Home Protection Plan. This home protection plan, provided through HMS Home Warranty, now includes coverage for unknown pre-existing conditions, lack of maintenance and jetted bathtubs in addition to the coverage already provided by the previous protection plan.
Weichert Financial Services said it is committed to offering its clients ‘best-in-class’ products and services. “The innovative Claim-No-Claim Weichert Home Protection Plan is a unique offering within the industry and lives up to the expectations we have for Weichert branded products.” said Bill McMahon, vice president for Weichert Financial Services.
Founded in 1969, Weichert Realtors has grown from a single office into one of the nation’s leading providers of homeownership services by putting our customers first. With near
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Posted on : 13-02-2010 | By : admin | In : Financial News
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More than a year after 100 million credit card numbers were stolen from Heartland Payment Systems, two industry experts disagreed over who was at fault.
This information is currently protected by the Payment Card Industry Security Standards Council, which sets 12 specific goals to build and maintain secure networks. Compliance with PCI standards is mandatory for all companies storing or processing payment card identification. Heartland executives originally said they were compliant, but later disclosed that assessors incorrectly informed the company.
In a report by NetworkWorld, Lieberman Software CEO Phil Lieberman said improved payment technology could be used to prevent future security breaches, which can be devastating to consumers’ credit scores. Read more…