AP - Citigroup says the initial public stock offering of its Primerica life insurance business has raised $320.4 million.
Comments Off
AP - Book seller Borders Group Inc.'s fourth-quarter profit rose as it cut costs and enjoyed a tax benefit, even though its sales plunged, the company said Wednesday.
Comments Off
The Motley Fool - It looks like Taco Bell is off to a flying start in India. According to The Wall Street Journal, business is booming at India's first Taco Bell, located in Bangalore. The restaurant is averaging crowds of more than 2,000 customers a day, based in part on the novelty of Mexican food. That's great news for Yum! Brands (NYSE: YUM - News), which also operates Pizza Hut and KFC.
Comments Off
The Motley Fool - Do you remember when Microsoft (Nasdaq: MSFT - News) didn't have any competition? It's hard to believe such a time existed. Those were the good old days for Microsoft, but they're gone now as the company feels the heat from all sides.
Comments Off
AP - With April 15 not far off, many small business owners will get six-month extensions of the deadline to file their income tax returns. This year, the procrastinators have company as the economy makes tax issues more complicated for everyone.
Comments Off
Reuters - Charles Schwab Corp violated federal law when it failed to get approval from shareholders of its YieldPlus mutual fund before putting roughly half the fund's assets into uninsured mortgage-backed securities, a federal judge ruled.
Comments Off
Reuters - Redwood Trust Inc is looking to float at least $200 million worth of securities backed by home mortgage loans, the Wall Street Journal said, citing people familiar with the situation.
Comments Off
AP - Bigger grants for college students who need them. Relaxed payment terms for students with loans. More money for community colleges and historically black institutions.
Comments Off
AP - Finalizing two major pieces of his agenda, President Barack Obama on Tuesday sealed his health care overhaul and made the government the primary lender to students by cutting banks out of the process.
Comments Off
AP - Bigger grants for college students who need them. Relaxed payment terms for students with loans. More money for community colleges and historically black institutions.
Comments Off