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We anticipate the decline in AUM to continue to hurt the top-line for the next few months, in view of the continued downturn in the global markets.
Outlook: Following my generally positive note yesterday on the Government's proposed mortgage-relief scheme, a banker calls to tell me I'm talking nonsense and to point out that the largesse of the taxpayer in underwriting a two-year moratorium on mortgage repayments for the unemployed is far from free.
The effort has been compared to rewriting a health plan’s DNA. 1 One study said it will be the most significant healthcare information overhaul since the advent of computers. 2 Others liken the effort to planning and preparing for Y2K.
TD Bank Financial Group's audited Consolidated Financial Statements
Canadian Western Bank today announced good fourth quarter performance in volatile markets highlighted by very strong loan growth of 6% in the quarter and 16% for the year. Net income for the fourth quarter of $24.5 million decreased 17% compared to last year which included an income tax benefit that increased net earnings by $2.9 million .
The credit crunch appears to be increasing the number of dividend reinvestment plans as companies struggle to raise new capital. DRPs have long been popular with many smaller shareholders.
CRM Holdings, Ltd. , a provider of a full range of products and services for the workers' compensation insurance industry, today said that Compensation Risk Managers, LLC intends to vigorously contest the lawsuit filed by former members of the Wholesale Retail Workers' Compensation Trust of New York .
Earnings per share of $3.05 versus $4.01, includes $0.82
Two weeks ago, the stock market finally returned to its valuation levels of before the monetary bubble began in 1995, appropriately inflated for the rise in nominal gross domestic product.
Every holiday season, children go crazy in anticipation of Santa Claus.
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