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Bay Bridge operators lose $120 million in bond deal gone bad
04:05:17 | 07/05/2011 - Source: Inside Bay Area
The agency overseeing toll money from seven Bay Area bridges had to spend $120 million to get out of a bond financing deal that went sour after a bond insurer spiraled into a financial crisis after investing in subprime mortgage loans.
Kite Realty Trust reports wider first-quarter loss
23:50:41 | 06/05/2011 - Source: IBJ.COM
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
Most actively traded companies on the TSX
19:30:56 | 06/05/2011 - Source: Sympatico Finance
Updated: May 5, 2011 2:29 PM Most actively traded companies on the TSX TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Equinox Minerals Ltd.
TSX falls for fourth day as oil dips below $100 U.S.
15:26:27 | 06/05/2011 - Source: Canada.com
The Toronto Stock Exchange was down for a fourth straight day after the price of oil plunged below $100 for the fist time since March in the wake of troubling economic data.
Stocks to Watch: Stocks to watch Friday: AIG, Washington Post
11:16:53 | 06/05/2011 - Source: Market Watch
Among the companies whose shares are expected to see active trade in Friday's session are American Insurance Group Inc., Washington Post Co., Pepco Holdings Inc.
Credit Suisse subpoenaed by SEC: court document
07:07:17 | 06/05/2011 - Source: WNWN-FM Battle Creek
Credit Suisse was subpoenaed by the U.S. Securities and Exchange Commission this week for documents related to securitized home loans, according to court documents filed on Thursday by a bond insurer suing Credit Suisse.
Beyond the private health insurance spin
07:07:16 | 06/05/2011 - Source: Crikey Website
The private health insurance industry argues in a new study that insurance subsidies for the rich benefit the health system overall by reducing pressure on the public sector.
AIG posts 1Q loss on bailout payback, Japan quake
02:52:46 | 06/05/2011 - Source: KEYC Television, Mankato, MN - The One To Watch
Repayment of bailout aid and losses from the earthquake and ensuing tsunami that ravaged Japan's northeast coast led to a first-quarter loss at American International Group Inc.
Study predicts "Made in the USA" revival
23:48:03 | 05/05/2011 - Source: WNWN-FM Battle Creek
The "Made in the USA" label may be poised for a comeback, a new study argues. The next few years will bring a wave of reinvestment by U.S. multinational manufacturers in their home base, as rising wages and a strong yuan currency make China a less attractive production center, the paper by the Boston Consulting Group predicts.
CVS Caremark reports lower profits in first quarter
23:48:02 | 05/05/2011 - Source: Cleveland.com
CVS Caremark Corp. said Thursday that its first-quarter net income fell nearly 8 percent as its pharmacy benefits management business continued to report lower profits.
AIG down amid chatter on share sale pricing
19:33:28 | 05/05/2011 - Source: KTLA-TV Los Angeles
The Treasury and banks working on the sale of the government's stake in bailed-out insurer American International Group are too early in the process to come up with specific numbers for a potential offering, a source close to the situation said on Thursday.
Insurer Cigna's 1Q profit soars 52 percent
15:28:49 | 05/05/2011 - Source: Deseret Morning News
Cigna Corp.'s first-quarter net income jumped 52 percent as medical claims fell and the international business grew again, and it raised its 2011 profit forecast like other big health insurers that also beat expectations for the quarter.
MetLife 1Q profit up 3 pct, gets boost from Alico
06:59:34 | 05/05/2011 - Source: MySanAntonio.com
MetLife Inc. , the nation's largest life insurer, said Wednesday that its first-quarter profit rose 3 percent, helped by the acquisition of AIG's Alico unit and a jump in investment income.
Sun Life books higher profits, but revenues slip, widely miss estimates
02:45:00 | 05/05/2011 - Source: Coast Reporter
Sun Life Financial Inc. has beat analyst expectations with slightly higher first-quarter profits, but widely missed estimates for quarterly revenues, which were off by a third.
SEC charges six former Brooke Corp. executives with financial fraud
22:30:25 | 04/05/2011 - Source: KansasCity.com
The Securities and Exchange Commission today charged six former Brooke Corp. executives with hiding critical information from investors and conducting a financial fraud.