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Category:
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Berger & Montague, P.C. Files Class Action Lawsuit Against Certain Officers and a Director of IndyMac Bancorp Inc., Enlarging the Class Period to Begin on April 26, 2007 (Popularity:  )
http://www.bergermontague.com
The law firm of Berger & Montague, P.C. announces it has filed a class action lawsuit, Daniels v. Perry and Keys, No. 08-cv-085073, in the U.S. District Court for the Central District of California on behalf of all purchasers of the common stock, preferred stock and/or preferred units of IndyMac Bancorp Inc. ("IndyMac" or the "Company") between April 26, 2007 and May 12, 2008, inclusive (the "Class Period"). (The common ...
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Folsom Lake Bank Reports Strong 3rd Quarter Growth (Popularity: )
Folsom Lake Bank (OTC Bulletin Board: FOLB), announced unaudited financial results for the quarter ending September 30, 2009. The bank had record asset growth for the quarter increasing $14.3 million. The successful opening of the Roseville branch as well as planned growth in the Folsom branch both contributed to the strong growth. "We are right on target with the original three year business plan, and now looking at our second ...
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U.S. Productivity Rises in 2009, Despite the Recession (Popularity: )
http://www.conference-board.org
U.S. productivity weathered the recession well, growing 2.5 percent (in per hour terms) in 2009, The Conference Board reported today.This blip in the prevailing downward trend in U.S. productivity was largely explained by dramatically reduced working hours that offset output decline (employment fell by 3.6 percent in 2009; hours worked per worker by 1.5 percent.) U.S. productivity growth is projected at 3 percent for 2010.European productivity growth turned negative in ...
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CCH Says Some Taxpayers Will Benefit, Some Will Pay for Housing Bailout Bill (Popularity: )
http://tax.cchgroup.com
The Housing and Economic Recovery Act of 2008, designed to reduce foreclosures, strengthen the housing market and shore up lending institutions will also change the amounts many taxpayers owe to the IRS, according to CCH (http://CCHGroup.com). The Act passed the House on July 23 and the Senate is scheduled to follow suit shortly, with assurance from the White House that President Bush will sign the measure. For CCH's Special Tax ...
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New Society of Actuaries Study Estimates $300 Billion Economic Cost Due to Overweight and Obesity (Popularity: )
http://www.soa.org/
According to a new study released today by the Society of Actuaries (SOA), the total economic cost of overweight (BMI between 25.0 – 29.9) and obesity (BMI of more than 30) in the U.S. and Canada reaches $300(1) billion per year, with 90 percent of the total – $270 billion – attributed to the U.S. While much research has been conducted on obesity, the SOA study looked at the economic ...
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Zero Cost-of-Living Adjustment to Impact Most Vulnerable Older Adults (Popularity: )
http://www.ncoa.org/
The release of today's zero cost-of-living adjustment (COLA) by the Social Security Administration (SSA) presents yet another daunting challenge for millions of older adults who are still struggling to make ends meet in today's economy. As a result of the recent economic recession, the consumer price index (CPI-W) that is used to make automatic cost-of-living adjustments to Social Security benefits did not increase from the previous year. Consequently, because of ...
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iSkoot Raises $19 Million in Series C Round (Popularity: )
http://www.iskoot.com
iSkoot, a leading provider of mobile Web services, announced today that it has secured $19 million in a Series C funding round. The round was led by Vision Opportunity Master Fund and included participation from existing investors Charles River Ventures, Khosla Ventures, Jesselson Capital Corporation and ZG Ventures. iSkoot will use this round of funding to support introduction of a groundbreaking suite of mobile communication solutions and maintain its position ...
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U.S. Mayors Economic Report Reveals Sluggish Economic and Job Growth in 2008-09 (Popularity: )
http://www.usmayors.org
A new economic report released Friday, June 20, during the U.S. Conference of Mayors Annual Meeting in Miami reveals that U.S. economic growth for 2008 has weakened considerably, while unemployment and consumer prices have risen sharply. Though it remains to be seen if this ends up being classified officially as a recession, the report reveals that there is no question that the economy is suffering more than just a mid-cycle ...
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Bankrate: Mortgage Rates Reset Record Lows (Popularity: )
http://www.bankrate.com/
Mortgage rates were lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.71 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/The average 15-year fixed mortgage inched lower to 4.17 percent, and the larger jumbo 30-year fixed rate remained at 5.43 ...
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Bed Bath & Beyond Inc. Reports Results for Fiscal Third Quarter (Popularity: )
Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported net earnings of $.58 per diluted share ($151.3 million) in the fiscal third quarter ended November 28, 2009, an increase of approximately 71% versus net earnings of $.34 per diluted share ($87.7 million) in the same quarter a year ago. Net sales for the fiscal third quarter of 2009 were approximately $1.975 billion, an increase of approximately 10.8% from net sales ...
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