Last year proved to be difficult to describe. The economy didn't experience a double-dip recession as some had feared, though recovery is too strong a word to describe it. The Eurozone did not...
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Byline: Staci Matlock The New Mexico Public Regulation Commission on Tuesday gave Public Service Co. of New Mexico until April 30 to craft a plan for meeting the state's renewable-energy requirements by 2014....
It's bad news for consumers that Douglas Howe, just-appointed Public Regulation Commission member for District 3, won't run for election to the seat. After first announcing that he would seek the office, Howe...
Byline: Samuel S. Spencer Jr. As a community banker in New Mexico for more than three decades, I am compelled to respond to recent news articles and opinion pieces that overstate the level...
Suffolk Bancorp has replaced the accounting firm it used as an auditor for a decade, but only after resolving a disagreement it had regarding the reporting of allowances for loan losses. The Riverhead-based...
Colorado's hospitals are expecting a legislative session with few health care bills -- but that doesn't mean they don't have some concerns. Rep. Marsha Looper has filed a bill that seeks to repeal...
The Mexican motor-vehicle industry reported good results in 2011, with production, exports, and domestic sales all increasing. But the good news was diminished by reports that Mexico is still struggling with the illegal...
Steven P. Block Partner Futterman, Lanza & Block An attorney and a certified public accountant, Block advises clients on all aspects of estate and elder law planning. In 2011, he merged his practice...
Cablevision advertisements citing its Optimum Online Internet service as being "three times faster" than Verizon FiOS are not completely accurate, the National Advertising Division of the Council of Better Business Bureaus said recently....
You probably never imagined that you would ever see the terms "Bigfoot" and "First Amendment" in the same sentence, but somehow a staged appearance by the hairy beast at a famed New Hampshire...
Numerous health and environmental groups are calling for a legislative ban on hydraulic fracturing of natural gas wells, saying no amount of regulation can adequately safeguard water supplies from contamination. Hundreds of people...
Public outcry over two controversial Internet piracy bills in Congress seems to have reached Washington. Senate Majority Leader Harry Reid released a statement this morning saying he would be postponing a vote scheduled...
The popularity of China's offshore currency rapidly increased in 2011 as investors looked for access to the country's economy. In 2009, the HKMA reported renminbi deposits of RMB62,718m ($9,170m). By November 2011, global...
* Full Year Net Revenues of $32.4 Billion; Income from Continuing Operations of $1.26 per Diluted Share * Fourth Quarter Net Revenues of $5.7 Billion, Including Loss of $1.7 Billion Related to the...
PHOENIX -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2011 was $640 million, $0.67 per share, compared with net income of $1.5 billion, $1.63 per...
IRVINGTON, N.Y. -- Prestige Brands Holdings, Inc. (NYSE: PBH) (the "Company") announced today that its wholly-owned subsidiary, Prestige Brands, Inc. ("Prestige Brands"), intends to offer, subject to market and other conditions, up to...
HONG KONG -- A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Fidelity Life Assurance Company Limited (Fidelity Life) (New Zealand). The outlook...
Historical Data and First-Hand Accounts of Change in FX, US Treasuries and Institutional Equities Demonstrates How Technology and Regulation, or Lack Thereof, Will Cause Swaps Liquidity to Fragment NEW YORK & LONDON --...
CHULA VISTA, Calif. -- Seacoast Commerce Bank (OTCBB: SCCB) today announced the opening of its eighth Small Business Administration ("SBA") Loan Production Office, located in San Ramon, California, and the hiring of Douglas...