Hallmark Financial Services, Inc. Acquires 80 Percent of Heath XS, LLC - MSN MoneyCentral
FORT WORTH, Texas, Sept. 2, 2008 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (Nasdaq:HALL) announced today that it has acquired 80% of the outstanding membership interests in Heath XS, LLC and Hardscrabble Data Solutions, LLC (collectively

Two Senior Ameriprise Executives Join Investacorp, Inc. and Establish - MSN MoneyCentral
Ladenburg Thalmann Financial Services Inc. LTS today announced that Ted Jenkin and Kile Lewis have joined its Investacorp, Inc. independent broker-dealer subsidiary as financial associates. Messrs. Jenkin and Lewis will operate their financial

Akorn gets FDA approval for dexamethasone sodium phosphate injection - Forbes
NEW YORK (Thomson Financial) - Akorn-Strides, LLC Tuesday said its received approval from the Food and Drug Administration for its dexamethasone sodium phosphate injection in 4mg and 10mg base form, which treats such conditions as endocrine disorders

France’s Sarkozy wants to boost financial regulation - Guardian Unlimited
PARIS, Sept 2 (Reuters) - French President Nicolas Sarkozy wants Europe to play a stronger role in international financial markets regulation to strengthen governance rules and boost confidence, his office said in a statement on Tuesday. “The

From the Cubefiles Accounting Dept.

Teradyne to acquire Eagle Test for $250 million - Reuters
NEW YORK, Sept 2 (Reuters) - Teradyne Inc (TER.N: Quote , Profile , Research , Stock Buzz ), which makes equipment used to test products, said on Tuesday it agreed to acquire Eagle Test Systems Inc. (EGLT.O: Quote , Profile , Research , Stock Buzz

From the Cubefiles Accounting Dept.

From the Cubefiles Accounting Dept.

Yen Rises on Speculation Stock Declines to Crimp Carry Trades - Bloomberg
Sept. 1 (Bloomberg) — The yen rose to the highest level in five months against the euro and rallied versus the dollar as a decline in stocks prompted traders to pare holdings of higher- yielding assets funded in the Japanese currency. The yen

UPDATE 1-China’s Minsheng Bank president to retire this year - Reuters
SHANGHAI, Sept 1 (Reuters) - Eddie Wang, president of Minsheng Banking Corp (600016.SS: Quote , Profile , Research , Stock Buzz ), China’s first non-state lender, will retire this year and Executive Vice President Hong Qi is expected to replace him

Lehman in talks with KDB to raise $6 billion: report - Reuters
SEOUL (Reuters) - Lehman Brothers Holdings has intensified talks with Korea Development Bank (KDB) to raise as much as $6 billion in a share sale that could be concluded this week, the Sunday Telegraph reported. South Korea’s KDB could buy up to 25

Commerzbank Punished For Dresdner Buy - Forbes
Commerzbank agreed to buy Allianz ’s Dresdner Bank for $14.4 billion on Sunday, propelling it to the position of Germany’s largest customer base, and making it less vulnerable to a takeover bid. However, fears that the bank was paying too much, and

From the Cubefiles Accounting Dept.

Accounting’s appeal experiencing a boom - Chicago Tribune
SAN DIEGO The weather is balmy and the local beaches are inviting, so naturally San Diego State University students are thinking about accounting. Yes, accounting. It’s become one of the hot courses on campus. The boom in accounting at San

Copper down as LME stocks rise, nickel sheds 3 pct - Forbes
LONDON, Sept 1 (Reuters) - Copper futures fell 1.8 percent on Monday under pressure from gains in the dollar, rising London Metal Exchange stocks and worries about demand. Zinc eased but Hurricane Gustav was seen as a potential threat to LME

UPDATE 4-Copper down as LME stocks rise, nickel sheds 3 pct - Forbes
LONDON, Sept 1 (Reuters) - Copper futures fell 1.8 percent on Monday under pressure from gains in the dollar, rising London Metal Exchange stocks and worries about demand. Zinc eased but Hurricane Gustav was seen as a potential threat to LME

SKorea criticizes NKorea for nuclear deadlock - International Herald Tribune
SEOUL, South Korea : South Korea’s top nuclear envoy criticized North Korea for stopping work to disable its atomic program, saying Monday the move appeared to be “a typical tactic” to gain more concessions in international disarmament negotiations

From the Cubefiles Accounting Dept.

From the Cubefiles Accounting Dept.

WEST BANK WITHDRAWAL - Der Spiegel
Jewish settlement of Har Homa in east Jerusalem. Many settlers want compensation rather than risk being left behind in any eventual Palestinian state. When Benny Raz comes home in the evening and gets out of his car, his neighbors turn their backs on

New Orleans ordered evacuated ahead of Gustav - Reuters
NEW ORLEANS (Reuters) - New Orleans Mayor Ray Nagin ordered the city’s more than 239,000 residents to evacuate on Sunday in the face of powerful Hurricane Gustav, which he called “the mother of all storms.” The evacuation order issued on Saturday was

NYPD: former detective arrested as ‘Bling Bandit’ - Miami Herald
NEW YORK He was a respected former NYPD detective and a decorated veteran of the Vietnam War who struggled in recent months with inoperable liver cancer. But now Athelson Kelson is charged with bank robbery, identified by authorities as New York’s so

Blom Bank Egypt to increase capital to $140 mln - Guardian Unlimited
CAIRO, Aug 31 (Reuters) - Egypt’s Capital Market Authority (CMA) gave its preliminary approval to BLOM Bank to raise its capital to 750 million Egyptian pounds ($140 million) from 500 million pounds, the stock exchange said on Sunday. The bank would

From the Cubefiles Accounting Dept.

From the Cubefiles Accounting Dept.

Eyeing foreign investment? Check with the locals - Globe and Mail
Years ago, while still a fresh MBA, I was offered a job with the mergers-and-acquisitions department of Brascan. In preparation, I performed a thorough analysis of the company’s financials and presented it proudly to the vice-president of corporate

China’s Top 500 Enterprises catching up with global giants - Xinhua News Agency
BEIJING, Aug. 30 (Xinhua) — The country’s top 500 giants are narrowing gap with foreign counterparts, but they still lag behind, the China Enterprise Confederation announced in its release of the 2008 Top 500 Chinese enterprises list on Saturday

From the Cubefiles Accounting Dept.

From the Cubefiles Accounting Dept.