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Posts sent in: August 2013

Aug292013

The Windows 8 Finance App Gets New Improvements








Emirates Mulls Sukuk for $4.5 Billion in Planes: Islamic Finance






Even though no details on this new build has been provided at the time of writing this article, this particular version most likely comes to address some of the bugs found by Microsoft engineers in older releases. As a result, expect the Finance app to load faster on both Windows 8 and Windows RT , while also offering a much more stable overall experience on either platform. Designed for Windows, the Finance app puts control at your fingertips. Swipe through colorful charts for a quick read on the day's events.







India's finance minister tries to stem panic




shri chidambaram india finance minister

All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved.










"The draft is expected to be completed in the middle of September for scrutiny and finalised before being tabled by Prime Minister Datuk Seri Najib Tun Razak next October. "Out of the 15 focus groups involved in 2014 Budget, there are a few groups that are not finished. One of them is related to the Well-Being Index and this matter is now being implemented," he said. He said this to reporters after launching the Ministry of Finance Open Day 2013 at the Royal Malaysian Customs Academy Sarawak, here on Thursday.







Finance ministry in process of completing draft for 2014 Budget






The same year presented the company with its real test as it received 35 aircraft and had to raise $7 billion, Jeffery said. On average the airline takes delivery of 24 planes a year. The carriers ability to raise funds proves it has no need for a credit rating , Jeffery said. Emirates boasts a fleet of 201 aircraft and has 192 on order worth more than $71 billion at list prices, according to the airlines fact sheet. Jeffery said he is not too concerned that runway repairs at Dubai International Airport starting May 2014 would affect the airlines financing capabilities, and said it is being dealt with at the commercial and operational level. Meanwhile Emirates has no plans for an IPO, as far as Jeffery is aware.




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Aug292013

Honda Canada Finance sells C$550 mln of notes - term sheet








The Windows 8 Finance App Gets New Improvements






The issue included C$300 million ($286 million) of floating-rate notes due Dec. 3, 2015. The notes, which were priced at par, have a coupon rate of 42 basis points over the three-month Canadian Dealer Offered rate or CDOR. Honda Canada Finance also sold C$250 million ($238 million)floating-rate notes due Dec.







India's finance minister tries to stem panic




shri chidambaram india finance minister

All rights reserved. Most stock quote data provided by BATS. 2013 Cable News Network. A Time Warner Company. All Rights Reserved.










Even though no details on this new build has been provided at the time of writing this article, this particular version most likely comes to address some of the bugs found by Microsoft engineers in older releases. As a result, expect the Finance app to load faster on both Windows 8 and Windows RT , while also offering a much more stable overall experience on either platform. Designed for Windows, the Finance app puts control at your fingertips. Swipe through colorful charts for a quick read on the day's events. Rich graphics help you find the latest mortgage, auto, and credit card rates.







Think Finance Hires Craig A. Nies as Chief Analytics Officer






The company is a true leader in the space and I look forward to contributing to its mission of responsibly serving consumers who currently lack access to traditional credit products. Mr. Nies graduated with a Bachelor of Science in Computer Science from the University of California San Diego. About Think Finance Think Finance develops online financial products that bridge the gap between payday loans and credit cards. Using our technology and analytics platform, Think Finance and the lenders we work with have provided over $3.5 billion in credit to 1.5 million consumers in the U.S. and abroad and have saved customers over $1 billion compared to payday loans.







Think Finance Named to Inc. 500|5000 List of Fastest-Growing Companies for Fourth Year in a Row






Our focus is always on bringing disruptive solutions to the marketplace so that underserved consumers have more and better choices to meet their financial needs. We expect 2013 to be another great year for Think Finance and are honored by this recognition. The 2013 Inc. 500 is the most competitive crop in the lists history. To make the cut, companies had to have achieved a staggering minimum of 918.59% in sales growth. Complete results of the Inc.




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Aug282013

The Best Personal Finance Blogs That You Should Be Reading











Its definitely worth checking out, bookmarking and checking in on regularly. The Manilla Folder The Manilla Folder offers a wealth of advice on all sorts of personal finance topics, from saving and budgeting, to credit and debt, to taxes and investing, and more. In addition to covering money management topics, we also cover productivity and lifestyle topics, including home organization, time management, career development, health and fitness, parenting and family, green ideas, frugal living, DIY, and more. We just released our brand new financial literacy toolkit, which was designed to make the financial transition into the real world a lot easier for students and recent grads.







Lawrence Mayor William Lantigua is sued over alleged campaign finance violations






Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 9% would appear considerably attractive if that yield is sustainable. Northstar Realty Finance Corp ( NYSE: NRF ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S.







Northstar Realty Finance (NRF) Passes Through 9% Yield Mark






Lantigua, among other things, allegedly accepted thousands of dollars in potentially illegal cash and corporate contributions, Attorney General Martha Coakley and the Office of Campaign and Political Finance said in a joint statement announcing the lawsuit. aCampaign finance laws ensure the integrity of the electoral system,a Coakley said. aThese disclosures are important to let voters know where candidatesa contributions are coming from and to help them make informed decisions about who to support.a The lawsuit was filed today in Suffolk Superior Court. Also named as defendants were the Committee to Elect William Lantigua and Ana Soto of Lawrence, the committeeas current treasurer. The case had been referred to the attorney generalas office by the campaign finance regulators in January 2012.




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Aug282013

The Best Personal Finance Blogs That You Should Be Reading











Its definitely worth checking out, bookmarking and checking in on regularly. The Manilla Folder The Manilla Folder offers a wealth of advice on all sorts of personal finance topics, from saving and budgeting, to credit and debt, to taxes and investing, and more. In addition to covering money management topics, we also cover productivity and lifestyle topics, including home organization, time management, career development, health and fitness, parenting and family, green ideas, frugal living, DIY, and more. We just released our brand new financial literacy toolkit, which was designed to make the financial transition into the real world a lot easier for students and recent grads.







Lawrence Mayor William Lantigua is sued over alleged campaign finance violations






Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 9% would appear considerably attractive if that yield is sustainable. Northstar Realty Finance Corp ( NYSE: NRF ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S.







Northstar Realty Finance (NRF) Passes Through 9% Yield Mark






Lantigua, among other things, allegedly accepted thousands of dollars in potentially illegal cash and corporate contributions, Attorney General Martha Coakley and the Office of Campaign and Political Finance said in a joint statement announcing the lawsuit. aCampaign finance laws ensure the integrity of the electoral system,a Coakley said. aThese disclosures are important to let voters know where candidatesa contributions are coming from and to help them make informed decisions about who to support.a The lawsuit was filed today in Suffolk Superior Court. Also named as defendants were the Committee to Elect William Lantigua and Ana Soto of Lawrence, the committeeas current treasurer. The case had been referred to the attorney generalas office by the campaign finance regulators in January 2012.




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Aug282013

Compton's first Latino lawmaker finally submits finance forms











In a separate case, he was convicted on two misdemeanor counts of sending out misleading campaign fliers. Compton's Latino residents have been trying for decades to get a Latino candidate elected to city office. So it was a joyous moment for some when Galvan won a seat on Compton's City Council in June. But a few weeks into his term, some are having misgivings about the councilman. Galvan had failed to file any of the required campaign finance disclosures for the primary and runoff elections.







Finance Department says it will fix credit-union tax error revealed by auditors






Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 11% would appear considerably attractive if that yield is sustainable. Fifth Street Finance Corporation ( NASD: FSC ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S.







German finance minister: 'I don't see' any further eurozone bailouts






"A stronger Europe means that everyone has to do its duty and not to ask for more money by others -- that's the wrong way to get a strong Europe, that's the wrong incentive." German FM: Greece needs until 2022 German FM: Eurozone in a better place His comments come ahead of the September 22 election, as Merkel faces a German electorate weary of Europe's largest economy helping to bail out troubled eurozone nations, whose debt woes have threatened the stability of the currency. Greek unemployment hits record 27.6% Greece, along with three other eurozone countries -- Portugal, Ireland and Cyprus -- remain dependent on rescue loans from the EU and International Monetary Fund (IMF). The 17-nation eurozone has emerged from its longest ever recession, growing 0.3% in the second quarter after 18 months of contraction. Unemployment rates remain high, but worries that the debt crisis could spread to larger economies such as Spain and Italy -- which both saw borrowing costs climb dangerously high last year -- have abated. "You can see if you look at the rates for sovereign debts they are stable.







Fifth Street Finance (FSC) Passes Through 11% Yield Mark






Brison blamed the error on the Conservative government's penchant for incorporating multiple changes in law in its omnibus budget bills. "I have no doubt that such a mistake is the natural consequence of denying Parliament its proper oversight function and ramming omnibus legislation through both Houses," Brison said in his letter. A spokesman for Flaherty said tax professionals made the minister aware of the technical glitch earlier in the summer. "Minister Flaherty has committed to fix it as soon as possible and ensure no credit union is disadvantaged by this technical issue," Chisholm Pothier said in an email. "We intend to deal with this through legislation this fall." The government says the original change was designed to improve the fairness of the tax system by eliminating a preferential tax rate paid by some financial institutions.




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