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Finance Research News - November, 2007















HOME :: RESEARCH :: FINANCE :: NEWS :: ARCHIVE

Credit Research News - November, 2007



BearingPoint to Host Conference Call to Discuss Third Quarter 2007 Financial Results

BearingPoint will host a conference call on Monday, Dec. 3, 2007, at 8 a.m. ET to discuss its third quarter 2007 financial results and provide a business update.



Lennar and Morgan Stanley Real Estate Announce the Formation of a Strategic Land Investment Venture

Lennar Corporation , one of the nation's largest homebuilders, and Morgan Stanley Real Estate, an affiliate of Morgan Stanley & Co., Inc., announced today that they have formed a strategic land investment



Synovus: Record date for spinoff of Total Systems Services shares is Dec. 18

Synovus (NYSE:SNV) Financial Corp. late Friday said the record date for for the spinoff of its shares of Total Systems Services Inc. to Synovus shareholders is Dec. 18.



People's United Financial Announces Hire of Treasurer

People's United Financial, Inc. announced today that it has hired R. David Rosato as Senior Vice President and Treasurer.



Research Expert Peggy Lebenson to Lead Harris Interactive Financial Services Unit

Harris Interactive® today announced the appointment of Peggy Lebenson as senior vice president. In her new role as the leader of the Financial Services Research team



PR Zone > Business > Patient financial services VP named at SSM Health Care

Sheila Washington has been named network vice-president of patient financial services at SSM Health Care-St. Louis. She began her duties Nov. 12.



Sharks And Baystate Financial Services Host Second Annual Toy Drive On Friday, November 30th

Worcester Sharks President and CEO Michael T. Lehr has announced that the Worcester Sharks have teamed up with Baystate Financial Services



E*TRADE Financial Announces $2.5 Billion Investment Led by Citadel

Affiliates of Citadel Purchase E*TRADE's Entire ABS Portfolio,



Garry S. Meyer, Seasoned Financial Services IT & Best Practices Executive, Joins CIC

Communication Intelligence Corporation ("CIC" or the "Company"), a leading supplier of electronic signature solutions for business process automation



Garry S. Meyer, Seasoned Financial Services IT & Best Practices Executive, Joins...

(OTC Bulletin Board: CICI) Communication Intelligence Corporation ("CIC" orthe "Company"), a leading supplier of electronic signature solutions forbusiness process automation in the financial industry



MarketAxess Acquires Financial Software and Technology Services Provider

MarketAxess Holdings Inc. , the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds



2008 Financial Services Outlook Delves Into Hot Banking Trends

We polled a cross-section of industry executives to come up with a preview of IT spending priorities and delved into some of the technologies expected to have the most impact on the business in the coming year.



Harris Appoints New Head of Financial Services

Harris Interactive has appointed Peggy Lebenson as Senior VP, to lead its Financial Services Research team.



Hiring in Financial Services Expected to Rise in 2008

Less than one-third (29%) of financial firms planned on flat hiring and only 19% expected lower hiring in 2008, according to the “2008 Financial Services Talent Acquisition Survey”



Sector Wrap: Financial Services

Financial stocks led a rally on Wall Street Wednesday as a Federal Reserve Board official signaled interest rates could again be cut.



UBS Financial Services To Relocate

In an intracity move, the private client group of UBS Financial Services Inc. will be relocating across town early next year.



SAND Reseller FreeSat Gains Market Share in South Korean Financial Services Sector

SAND Technology, Inc. , an international provider of intelligent enterprise information management software, announced today that its South Korean reseller FreeSat has recently expanded its Financial Services



Monitise Americas Launches Mobile Financial Services

Monitise Americas, LLC, the mobile banking and payments service provider, and Metavante (NYSE:MV), a leading provider of banking and payments technology



SEI Selected by Johnson Bank of Wisconsin for Wealth Management Services

SEI announced today that Johnson Bank has renewed its multi-year agreement with the company and as part of the agreement



Next Generation Financial Services and SAGE Scholars Team Up to Provide Over 50 Million Dollars

Next Generation Financial Services, one of the leading providers of Reverse Mortgages for seniors, and SAGE Scholars have teamed up to provide potentially over $50 million



Paradigm Solutions International Announces OpsPlanner(tm) Release 3.6 - Financial Services Edition

Paradigm Solutions International, Inc. (PSI), an industry leading provider of emergency planning solutions and services



High-Impact Business Intelligence Opportunities in the Financial Services Industry

Financial services firms that are business intelligence leaders obtain competitive advantage by leveraging information to acquire and retain profitable customers in order to improve busines performance and financial results.



GE Healthcare Financial Services and Haemonetics Sign Vendor Financing Agreement

GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions.



Financial Services Remains Largest Online Ad Category

FINANCIAL SERVICES REMAIN THE LARGEST online advertising category in the United States, after the conglomeration of "consumer related" categories



HP Introduces Enterprise Printing Solutions for Financial Services and Public Sector Markets

Hewlett Packard (HP) has announced two enterprise imaging and printing solutions for the financial services and public sector markets which are built upon its Print 2.0 strategy by providing industry-specific offerings that streamline workflows and reduce costs for enterprises.



Webster Financial Corp. at Merrill Lynch Banking and Financial Services Investor Conference-Final

HEATHER, ANALYST, MERRILL LYNCH: Good afternoon. Our next mid cap bank presentation is Webster Bank.



Dell Earnings Could Reveal Rebound Success, Financing Deal

Dell (NSDQ:Dell) is set to post earnings for the third quarter of its 2008 fiscal year on Thursday, amid heightened attention



Out of the Gate: Tibco Climbs on Upgrade

Shares of business management software maker Tibco Software Inc., which have been trading at annual lows, rose nearly 10 percent



Mobile Financial Services Security: A New Ecosystem at Risk

Mercator Advisory Group is pleased to announce the release of its latest report, Mobile Financial Services Security: A New Ecosystem at Risk. For C-level and operational leadership at financial institutions, payment processors



General Motors shares trade higher, bouncing sharply off 1 1/2-yr. low

Shares of General Motors Corp. (nyse: GM - news - people ) turned higher in midday trading Wednesday, bouncing sharply off a 1 1/2-year low hit earlier in the session



Omni Funding Services rides again

Numerous banks, mortgage brokers and realtors are experiencing severe problems with the ongoing retreat of the housing market



Financial plan services offered by local advisor

Bill Miska spent 15 years in the 1980s and early ‘90s as a steam fitter welder, making solid connections.



First Business Financial Services, Inc. Announces Stock Repurchase Plan

First Business Financial Services, Inc. (Nasdaq:FBIZ) announced today that its Board of Directors has authorized the repurchase of up to $1,000,000



Countrywide Comments on Financial Condition

Countrywide Financial Corporation today commented on its financial condition.



Phillip Wasserman and Phillip Roy Financial Services File Malicious Prosecution Lawsuit

Phillip Wasserman and Phillip Roy Financial Services, one of the nation's leading sellers of annuities and life insurance, have filed suit against Ft. Lauderdale based attorney John Hargrove and the firm of Gordon, Hargrove and James alleging malicious prosecution



Phillips Financial Services offers Specialized Secured Loans for any purpose.

This press release is about the various services offered by Phillips Financial Services in the United Kingdom.



HP saw no spending change from financial clients

Hewlett-Packard Co (HPQ.N: Quote, Profile , Research) saw no change in spending from financial-services customers in its fiscal fourth quarter



Discover Financial Services (DFS) NewsBite - Downgrade Puts Pressure on DFS

Discover Financial Services (DFS) opened at 17.20. So far today, the stock has hit a low of 16.65 and a high of 17.20.



Local Financial Services Industry Laying Off By The Hundreds

Financial services, a growth industry for the local economy in recent years, has been cutting staff at a faster rate this year



Financial Services Firms Increasing Spending, But Priorities Differ

Spending is increasing among financial services firms across the insurance, banking and securities/capital markets sectors.



KnowledgePool creates new division to focus on Financial Services clients

» Training Press Releases » KnowledgePool, the managed learning services company, has created a new division, which will be led by CEO Paul Jefferson



2008 Financial Services Outlook: Predictions on IT Budgets, Technology Trends and Key Executives

What are the 2008 IT budget and technology spending plan for insurers, banks and securities/capital markets firms?



Richard Pzena Buys Lehman Brothers Holdings Inc., Capital One Financial Corp., Merrill Lynch & Co.

Richard Pzena likes to buy troubled companies. But before he buys, he always makes sure the trouble is temporary.



Fidelity National Information Services, Inc. Announces Executive Promotions

Fidelity National Information Services, Inc. , a leading global provider of technology services to financial institutions, today announced the appointment of Gary Norcross



Single Source Synergy, Philanthropy-Focused Financial Services Company, Links For-Profit Earning

Single Source Synergy (S3), launching today at Energy EASE07 in San Francisco (www.easeinitiative.com), announces its new blended for-profit/non-profit financial services model



Fidelity National Information Services Is Named Top Financial Services Technology Provider

Fidelity National Information Services, Inc. , the global leader in processing and technology solutions for financial institutions



PA Consulting Group Survey Finds that Financial Services Institutions Are Eager to Adopt Growth

Financial services institutions acknowledge the importance of organic growth to attract and retain customers in theory



Counsel Financial Services Announces Unique Funding Program for Vioxx Attorneys

Counsel Financial Services (CFS), the nation's largest provider of working capital credit lines exclusively to attorneys



HP Introduces Enterprise Printing Solutions for Financial Services and Public Sector Markets

HP (NYSE: HPQ) today announced two enterprise imaging and printing solutions for the financial services and public sector markets.



RANDY CARVER ACHIEVES MEMBERSHIP IN RAYMOND JAMES FINANCIAL SERVICES’ 2008 CHAIRMAN’S COUNCIL

Randy Carver, the president of Carver Financial Services Inc. and branch manager at the 7473 Center St, Mentor Ohio office



CheckFree's OpenChannel(SM) Strategy Establishes the Foundation for a New Generation

BAI Retail Delivery Conference Booth #2021 - CheckFree Corporation today unveiled its innovative OpenChannel(SM) strategy



Experian Consumer Direct Teams With Discover Financial Services to Provide New Credit Score Tracking

Credit ScoreTracker allows Discover Cardmembers the ability to track changes to their credit score and better understand the factors that affect their score



People's United Financial Announces Hire of Controller

People's United Financial, Inc. announced today that it has hired Jeffrey Hoyt as Senior Vice President and Controller.



Oracle Builds Success in Financial Services Through Tight Alignment With Customer Needs

ORACLE OPENWORLD, SAN FRANCISCO, Nov. 13 /PRNewswire-FirstCall/ --



Gemalto Receives ''Best Software'' Sesames Award with ''SConnect''

Gemalto, the world leader in digital security, today announces it has won the “Best Software“ award at this year’s CARTES tradeshow



Ferrari Financial Services Selects Flexi Software

Flexi (PINKSHEETS: FLXI), a provider of world-class accounting software and services, announced today that Ferrari Financial Services, Inc.,



Western Union Financial Services assigned 'A3' issuer rating - Moody's

Moody's Investors Service said it has assigned an 'A3' issuer rating with a stable outlook to Western Union (NYSE:WU) Financial Services Inc



PNC Financial Services raised to 'A+' after strong results - S&P

Standard & Poor's (NYSE:MHP) Ratings Services raised its counterparty ratings on PNC Financial Services (NYSE:PNC PRD) (NYSE:PNC PRC) (NYSE:PNC)



CSC Named a Top Technology Vendor for Global Financial Services Industry

Computer Sciences Corporation today announced that it has been named one of the top 25 enterprise companies serving the financial services industry worldwide.



S&P upgrades PNC Financial Services

Standard & Poor's (NYSE:MHP) Ratings Services said Monday it raised a key investment-grade rating on PNC Financial Services



Daimler Financial Services Americas Announces Re-Engineering of Company with Future Expansion

Daimler Financial Services Americas (DCFS USA LLC) today announced plans to re-engineer the company based on its new, smaller structure



CIT To Present at the Merrill Lynch Banking and Financial Services Investor Conference on November 1

CIT Group Inc. (NYSE:CIT), a leading global commercial finance company announced today that Joseph M. Leone, Vice Chairman and Chief Financial Officer, will participate in the Merrill Lynch Banking



Paying the price for risky strategies in financial services

It can never be good for a CEO’s ego if the company’s stock price rises on the announcement of his departure from the company.



Financial firm leverages SOA reuse for mobile services

Web services reuse is the business driver for the service-oriented architecture (SOA) implementation at Synovus Financial Corp., a $33-billion financial services company based in Georgia.



Credit crunch hits financial services

The market has produced some ugly headlines this year, but in no area have things been more gruesome than in financial services.



Financial services ETFs

The market has produced some ugly headlines this year, but in no area have things been more gruesome than in financial services.



EXCLUSIVE LTD Financial Services Still Being Deceptive even after 1.3 Million Fine by FTC

3 days after the Federal Trade Commission announced a 1.3 million dollar fine against LTD Financial Services of Houston Texas, LTD continues to misrepresent and deceive to collect debts.



Multifaceted Buxton Financial Offers a Multitude of Services -- "One-Stop-Shop"

Having the ability to choose what is right for the client, without the pressure of using a singular source, is the key to Buxton Financial's success.



U.S. Bancorp to Present at the Merrill Lynch Banking & Financial Services Investor Conference

U.S. Bancorp (NYSE:USB) announced today that Richard K. Davis, president and chief executive officer, is scheduled to present at the Merrill Lynch Banking & Financial Services Investor Conference



Nationwide Financial(R) to Present at the 2007 Credit Suisse and Asset Management Conference

Nationwide Financial Services, Inc. (NYSE:NFS) today announced that Tim Frommeyer, senior vice president and chief financial officer, is presenting at the 2007 Credit Suisse Insurance



Oak Ridge Financial Services Q3 Profit Declines - Quick Facts

Oak Ridge Financial Services, Inc. (BKOR | charts | news | PowerRating) announced third quarter net income of $299 thousand or $0.17 per share



Old National Bancorp to Present at the Sandler O'Neill Financial Services Conference

Chris Wolking, Senior Executive Vice President and Chief Financial Officer of Old National Bancorp (NYSE:ONB) will be presenting at the 2007 Sandler O'Neill



AmTrust Financial Services, Inc. Reports Record Third Quarter Net Income of $24.4 Million

AmTrust Financial Services Inc. (Nasdaq:AFSI) today reported net income of $24.4 million and gross written premium of $193.3 million for the third quarter 2007



Capital City Bank Group to Present At Financial Services Conference

Capital City Bank Group, Inc. (Nasdaq:CCBG) will address analysts and investors attending the Sandler O'Neill & Partners



Comerica to Present at Merrill Lynch Banking & Financial Services Investor Conference

Comerica Incorporated today announced that it will make a presentation at the Merrill Lynch Banking & Financial Services Investor Conference



Flushing Financial to Present At Sandler O'Neill Financial Services Conference

Flushing Financial Corporation (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"),



PAB Bankshares, Inc. to Present At Sandler O'Neill Financial Services Conference

PAB Bankshares, Inc. (Nasdaq:PABK), the holding company for The Park Avenue Bank, announced that they will participate in the 2007 Financial Services Conference in Naples, Florida



Whitney to Present at Sandler O'Neill Financial Services Conference

Whitney Holding Corporation's President and Chief Operating Officer John C. Hope III, Executive Vice President and Chief Financial Officer Thomas L. Callicutt, Jr.,



Penson Financial Services, Inc. Now Providing Access to US Markets for Customers

Penson Financial Services, Inc., the U.S. broker-dealer and clearing services subsidiary of Penson Worldwide, Inc. (NASDAQ: PNSN), announced today that it has begun providing access to U.S. stock



Stroup Joins S&T Bank as Financial Advisor with S&T Financial Services

Barbara A. Stroup has joined S&T Bank as a financial advisor for S&T Financial Services. Ms. Stroup, whose office is located within the S&T Bank Clarion office



First Financial Holdings, Inc. CEO To Present at the Sandler O'Neill & Partners, L.P. East Coast

First Financial Holdings, Inc. CEO A. Thomas Hood will participate in the Sandler O'Neill & Partners.



Kaufman Bros., L.P. Selects Telanetix to Provide Telepresence Services to Offices Nationwide

Telanetix Inc. , a leading IP solutions provider offering telepresence and VoIP services to the SMB and SME markets



Superior Bancorp to Participate in Sandler O'Neill 2007 Financial Services Conference

Superior Bancorp announced that it will participate in the 2007 Financial Services Conference hosted by Sandler O'Neill & Partners to be held on November 13, 2007



Hunton & Williams Adds David Wiles and Tim Ryan to Financial Services Practice

Hunton & Williams LLP today announced the continued expansion of its Financial Services Practice with the addition of David R. Wiles and Timothy R. Ryan



National Penn Bancshares, Inc. to Present at Sandler O'Neill Financial Services Conference

National Penn Bancshares, Inc. announced today that it will be a key presenter at the 2007 Sandler O'Neill & Partners



Daimler Financial Services Selects EDS to Manage IT Environment

EDS and Daimler Financial Services today announced a three-year agreement for transition and data center hosting services.



Testimony before the House Committee on Financial Services

Washington- Chairman Frank, Ranking Member Bachus, Members of the Committee, good morning. I very much appreciate the opportunity to appear before you today



Learn.com and Recent Financial Services Client KeyBank Featured in Training Magazine

When KeyBank realized they were rapidly outgrowing the capabilities of their old LMS, they decided to replace it with Learn.com's integrated LearnCenter Talent Management Suite.



Services Probably Expanded at Slower Pace: U.S. Economy Preview

Service industries in the U.S. grew at a slower pace in October, restrained by record oil prices and a slump in housing



Event Brief of Q3 2007 Hartford Financial Services Earnings Conference Call - Final

. Kim Johnson, Hartford Financial Services, IR . Ramani Ayer, Hartford Financial Services, Chairman & CEO . Tom Marra, Hartford Financial Services, President & COO .



How much do you pay for financial services?

Today, ask this question about the financial services you receive: How much is that in dollars?



House Committee Probes Foreclosure Issues

The House Financial Services Committee checked in on the progress of many organizations associated with assisting those in danger of losing their homes



Business growth can bring need for new financial services

Your business had a storybook beginning. It started as an idea on a cocktail napkin.



Congress asked to help contact at-risk borrowers

A top U.S. Treasury official asked for congressional help Friday in reaching out to borrowers with risky mortgages.



EDS Reports 2007 Third Quarter Results

EDS today reported third quarter 2007 adjusted net income of $225 million, or 42 cents per diluted share



National Financial Partners Announces Preliminary Financial Results for the Third Quarter of 2007

National Financial Partners Corp. , a national network of independent financial advisors specializing in life insurance and wealth transfer



Rothstein named executive director of new commission on financial services

An executive from New York City investment bank Morgan Stanley has been named the head of a new state commission



PNC to acquire enterprise wealth management services provider

PNC Financial Services Group Inc (PNC.N: Quote, Profile, Research), a fast-growing Northeast U.S. regional bank


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