Financial Advisors | Financial Services News for 03/11/2010



Forbes Billionaires 2010: Bill Gates no longer world's richest man
For the third time in three years, the world has a new richest man. Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil , Mexican tycoon Carlo Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the ...

Homebuyers Can Still Qualify for a Federal Tax Credit on the Purchase of a Brand New KB Home
KB Home , one of the nation's premier homebuilders, today announced that customers can still qualify for the federal homebuyer tax credit on the purchase of a newly built KB home, but they must act soon...

Michael Capellas Joins KKR as Senior Advisor Focusing on Technology;.
First Data Corporation and its board of directors today announced the appointment of board member Joe Forehand, former chairman and CEO of Accenture , as chairman and interim chief executive officer ...

Picksthatmove.com provides investment opinion on Neiman Marcus, Ann.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of Picksthatmove.com. "the aspirational customer is a little more comfortable than a year ago...

Kinross Gold Corporation Announces Proposed Acquisition of Underworld Resources Inc.
Underworld Resources Inc. and Kinross Gold Corporation announced today that their respective Boards of Directors have approved a business combination by way of a friendly offer by Kinross to acquire 100% of the outstanding common shares of Underworld not already owned by Kinross...

Shareholder Buys $4.7M More of Westport
Which insiders are selling and buying chunks of stocks? Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission Wednesday as ranked by dollar value...

More changes in Bank of Canada's top ranks
Sorry, this story is not available. More Business Stories Economy Canadaa s trade surplus widens in January In other Canadian economic news: An RBC Economics report suggested Canada's economy will expand by 3.1% in 2010 while Canadian production picked up pace. more A 1 hour ago Comments A Also on Driving.ca General Motors Cadillac distancing ...

British Government, HIV/AIDS Advocates Warn Decreased Aid Budgets.
Recent gains in the global fight against HIV/AIDS could be reversed as the "global economic downturn pinches poor countries' budgets and donors show signs of backing away from their promise to provide universal access to AIDS treatment," the British government together with Medecins Sans Frontieres warned Tuesday, Reuters AlertNet reports...

Business Wire - FERC Commissioner Marc Spitzer to Deliver Keynote Address at the NYISO’s Symposium on the Future of the Grid
March 10, 2010 -- HASH(0x2a966a3d10) RENSSELAER, N.Y. -- The New York Independent System Operator (NYISO) has announced that Commissioner Marc...

Third Party Administrators 3
Dublin - Research and Markets has announced the addition of the "Third Party Administrators 3" report to their offering...

2 of 3 councilmen get opponents in upcoming election
Two of the three City Council incumbents facing re-election on May 8 will have opponents this year...

Business Wire - Emerging Global Shares Taps Jay McAndrew as National Sales Manager
March 9, 2010 -- HASH(0x2a966a6ac0) Emerging Markets ETF Provider Eyes 2010 Growth NEW YORK -- Emerging Global Shares (EG Shares),...

Business Wire - FERC Commissioner Marc Spitzer to Deliver Keynote Address at the NYISO’s Symposium on the Future of the Grid
March 10, 2010 -- HASH(0x2a966a3660) RENSSELAER, N.Y. -- The New York Independent System Operator (NYISO) has announced that Commissioner Marc...

No surprise hike as BOK chief bows out
Bank of Korea Governor Lee Seong-tae left the key rate unchanged at his final meeting yesterday, leaving the task of securing a trouble-free exit from the stimulus to his successor...

Evolution Robotics Assembles Powerhouse Team to Bring Mint Automatic Floor Cleaner to Market
INTERNATIONAL HOME & HOUSEWARES - Evolution Robotics, Inc., a leading robotics technology company, today announced that it has partnered with a team of former top executives from Dirt Devil to help bring the recently announced Mint automatic floor cleaner to market...

Market Wire - Epic Financial Corporation Announces Professional Version of Epic WealthBuilder(TM) and Partnership With One Resource Group
March 9, 2010 -- Epic Financial Corporation (PINKSHEETS: EPFL) today announced the launch of their latest financial product, Epic BusinessBuilderÂ(TM), a...

Business Wire - Psychiatric Solutions, Inc. Announces Approach from Third Parties Regarding Potential Sale
March 10, 2010 -- HASH(0x2a966ac1a0) FRANKLIN, Tenn. -- Psychiatric Solutions, Inc. (ÃÂEURÂPSIÃÂEURÂ) (NASDAQ: PSYS) announced today that ...

Business Wire - BPO Properties Announces Modifications to Canadian Office REIT Conversion Proposal
March 10, 2010 -- HASH(0x2a966adde0) TORONTO -- Brookfield Properties Corporation (NYSE, TSX: BPO) and its Canadian-based subsidiary BPO...

Computer stolen from bank contained customer information: Richmond Heights Police Blotter
THEFT, WILSON MILLS ROAD: On March 1, a financial advisor at US Bank, 5154 Wilson Mills, reported a laptop missing from his desk...

Market Wire - Excel Maritime Announces Availability of 2009 Annual Report on Form 20-F
March 10, 2010 -- Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a leading international provider of worldwide seaborne...

Safeguard Scientifics Announces $47 Million Debt Exchange
Safeguard Scientifics, Inc. , a holding company that builds value in growth-stage life sciences and technology companies, today announced that it has entered into privately negotiated agreements with certain institutional holders of an aggregate of approximately $47 million in face value of its 2.625% senior convertible debentures due 2024 to ...

What's Messed Up About Social Security
Social Security's problems aren't as daunting as some make them out to be. According to the nonpartisan Congressional Budget Office , if indexed benefits "grow . with prices rather than wages beginning in 2012," the Social Security Trust Fund would never become exhausted...

NSI Energy and Environment Expert to Offer Expertise at Summit
Washington, DC March 11, 2010 -- Kevin Matthews, who leads NSI's Energy and Environment Practice and excels at finding sustainable solutions for interfacing with state and local governments, will share his knowledge via one of several cutting-edge, thought-provoking sessions at the National Brownfield Association's The Big Deal: Atlanta 2010 on ...

CBI Charges NIMS Doctors for Prolonging Raju's Treatment
CBI, probing the multi-crore financial fraud in Satyam Computers, today alleged doctors were prolonging the treatment of the company's former chairman B Ramalinga Raju only to delay the trial in the case...

Business Wire - Terra Provides Notice to Yara under Yara Agreement
March 10, 2010 -- HASH(0x2a966a1b50) SIOUX CITY, Iowa -- Terra Industries Inc. (NYSE: TRA) (ÃÂEURÂTerraÃÂEURÂ) today announced that its ...

Market Wire - Forsys Announces Completion of Strategic Review for the Valencia Uranium Project
March 9, 2010 -- Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NSX: FSY) has with its exclusive financial advisor, Morgan Stanley & Co....

KIT digital, Inc. : KIT digital Closes $15 Million Equity Offering
NEW YORK, NY and PRAGUE, CZECH REPUBLIC-- - KIT digital, Inc. , a leading global provider of on-demand software solutions for managing and monetizing Internet Protocol -based video assets, has closed the previously announced sale of 1,541,624 shares of common stock at $9.73 per share for gross proceeds to the company of $15.0 million...

Ponzi Scheme Preying on Retirees Attending Estate Planning Seminars Halted
The SEC alleges that USA Retirement Management Services and managing partners Francois E. Durmaz and Robert C. Pribilski mass-mailed promotional materials to prospective investors and invited them to estate planning seminars held at country clubs and banquet halls...

Business Wire - ACR-Alpine Capital Research Hires Darryl S. Grayson as Chief Operating Officer to Lead the Growth of Its Fundamental Valuation Based Strategies and Product Results
March 9, 2010 -- INDUSTRY VETERAN hired to lead growth of fundamental valuation based asset management firm. ACR-Alpine Capital Research Hires Darryl Grayson as...

1-Star Stocks Poised to Plunge: Winnebago?
Based on the aggregated intelligence of 160,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, motor-home manufacturer Winnebago Industries has received the dreaded one-star ranking ...



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