3 hrs ago | The Post Chronicle
Wall Street Boosted By Caterpillar, Greece Debt Talk
Stocks rose broadly on Tuesday with Caterpillar Inc and other industrial shares benefiting from a broker upgrade and talk of help for debt-burdened Greece reviving investor sentiment.
Related Topix: Manufacturing, Construction, Caterpillar, Financial Markets, Electronic Arts, Startups, Video Games, Software, St. Petersburg, FL, Tampa Metro
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Loews CEO Tisch Says U.S. Sounded Hotel a Death Knell'
Loews CEO Tisch Says U.S. Sounded Hotel 'Death Knell,' Hurt AIG Feb. 9 -- Jim Tisch , the leader of Loews Corp.
Related Topix: Loews, American International Group
MetLife may pay AIG in stock, cash for unit: source
MetLife, the largest publicly traded U.S. life insurer, may pay roughly $8 billion of the purchase price in stock and the rest in cash, according to the source.
Related Topix: MetLife, American International Group, Banking, JP Morgan Chase , Wilmington, DE
Buffett and Paulson to talk about economy in Omaha
Buffett's and Paulson's will headline Tuesday's Greater Omaha Chamber of Commerce annual meeting.
Related Topix: Warren Buffett, Berkshire Hathaway, Construction, Investment Services
Caterpillar to join backers of power plant project known as FutureGen
Backers of the planned experimental clean-coal power plant called FutureGen say the public-private venture envisioned for eastern Illinois has landed another corporate partner.
Related Topix: Manufacturing, Construction, Caterpillar, Illinois, Energy, Exelon
Bailout recipient Lincoln National earns $102 million, turning around 4th-qtr loss
Life insurer Lincoln National Corp. on Monday posted net income of $102 million for its fiscal fourth quarter, compared with a loss of $506 million a year earlier, but it lost $485 million for the year.
Related Topix: Financial Services, Lincoln National
Principal Financial reports 4Q profit
Principal Financial Group Inc., an insurance, retirement and financial services company, reported a profit Monday, saying cost-cutting reduced its expenses and it lost half what it did a year earlier on its investments.
Related Topix: Principal Financial Group, Financial Services, Investment Services, Personal Finance, Retirement
Hartford reports profit; cautious on 2010
Hartford Financial Services reported a $557 million quarterly profit late Monday, but the insurer was cautious about its outlook for 2010.
Related Topix: Hartford Financial Services Group, Financial Markets, Principal Financial Group, Financial Services, Investment Services
HHS secretary asks insurer to justify rate hike
The Obama administration on Monday asked California's largest for-profit health insurer to justify plans to hike customers' premiums by as much as 39 percent, a move that could affect some 800,000 customers.
Related Topix: Wellpoint Health Networks
FOX59.com WXIN-TV Indianapolis
KeyCorp vice chairman resigns, to join struggling AIG as finance executive
The vice chairman for KeyCorp has left to take a job with struggling insurer American International Group, the company said Monday.
Related Topix: American International Group
Goldman's payment demands on AIG probed: report
U.S. regulators are investigating whether the mortgage insurance market was improperly distressed in 2008 because of payment demands that Goldman Sachs Group Inc and other banks made on American International Group Inc , The New York Times reported on Sunday.
Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Home, Mortgage, Personal Finance, American International Group
Broker has court date in ponzi scheme case
A former Ponte Vedra Beach financial broker accused of bilking mostly elderly investors of $2 million in a Ponzi scheme is set to appear in federal court today for a plea hearing, according to court records filed last week.
Related Topix: Ponte Vedra Beach, FL, John Hancock Financial Services, Financial Markets
Two railways that may be an investor's route to profit
Transportation Two railways that may be an investor's route to profit A Burlington Northern Santa Fe Railroad locomotive sits on the track as workers stand nearby in Seattle.
Related Topix: Railroads, Burlington Northern Santa Fe, Warren Buffett, Fort Worth, TX, Fort Worth Metro, Dallas Metro, Berkshire Hathaway
AMP re-weighs AXA Asia Pacific bid plan
Insurer and wealth manager AMP Ltd says it's considering its position in relation to its takeover bid for fellow insurer AXA Asia Pacific Holdings Ltd, following the expiry of an exclusivity agreement with the target's French parent.
Berkshire Hathaway Inc. News Release
Berkshire Hathaway Inc. . Berkshire Hathaway Inc. today announced that 5:00 p.m., New York time, on February 10, 2010 is the anticipated deadline for submission of Forms of Election by Burlington Northern Santa Fe Corporation shareholders to receive cash, Berkshire stock or a mix of the two in connection with the proposed merger of BNSF with and ...
Related Topix: Berkshire Hathaway, Construction, Investment Services, Railroads, Burlington Northern Santa Fe, Santa Fe Energy Trust, Oil & Gas, Financial Services, Energy
The Hanover Sees Earnings Jump
Massachusetts-based insurer The Hanover Insurance Group Inc. saw fourth-quarter profits jump 68 percent to $57.3 million, up from $34.1 million in the year-ago quarter.
Goldman's claims helped push AIG to brink
The SEC is investigating whether the bank improperly hurt the mortgage market in a dispute with the insurance giant over demands for payments on sour securities.
Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Home, Mortgage, Personal Finance, Securities and Exchange Commission, Corporate / Securities Law, Law, American International Group
Does Freedom 55 still work in these turbulent times?
Maybe it has to do with my age or the period during which I grew up, but somewhere in my brain an advertising firm managed to plant the idea of Freedom 55, a uniquely Canadian slogan.
Related Topix: Pension, Personal Finance
Kraft Joins Warren Buffett Wager in Bonds to Fund Buyouts: Credit Markets
Companies in the U.S. are spending the highest portion of bond-sale proceeds in more than a decade for acquisitions and expansions, joining Warren Buffetta s a oeall- in wagera on a recovery and taking advantage of the lowest borrowing costs since 2004.
Related Topix: Financial Markets, Kraft Foods, Food, Warren Buffett, Baked Goods, Life, Cookies, Dessert, Berkshire Hathaway, Construction, Investment Services
Tread carefully with baby Berkshire shares
Don Dion OMAHA, Neb. - TheStreet.com Published on Friday, Feb. 05, 2010 9:58AM EST Last updated on Friday, Feb.
Related Topix: Berkshire Hathaway, Omaha, NE Metro, Railroads, Burlington Northern Santa Fe, Construction, Investment Services, Warren Buffett
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