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UPDATE 1-Goldman, Morgan Stanley Q4 may prove ``ugly``: analyst
Dec 3 (Reuters) - The fourth quarter will prove to be'ugly' for Goldman Sachs Group Inc and Morgan Stanley with meaningful write-downs as markets continue to bechallenging, an analyst at J.P. Morgan Securities said.
Reuters

Holding On To Your Health Coverage
With U.S. unemployment at a record 6.5% and layoffs continuing, the ranks of the uninsured will continue to grow. However, armed with statistics that nearly one-third of the current uninsured have government programs they are eligible for but don't know it, Phil Lebherz, executive director of the nonprofit Foundation for Health Coverage Education (FHCE), advises 'being laid off shouldn't automatically mean you go without health coverage.'read more
emaxhealth.com

Goldman mulling Internet banking operation: report
(Reuters) - Goldman Sachs Group Inc is considering launching an Internet banking operation, The Wall Street Journal reported, citing people familiar with the situation.
Reuters

UPDATE 1-Infineon post Q4 Ebit loss of 220 mln eur
NEUBIBERG, Germany, Dec 3 (Reuters) - Chipmaker Infineon reported an operating loss of 220 million euros($279.9 million) in its fourth quarter, missing expectations asit grapples with falling chip prices and declining demand fromautomakers, a key customer group.
Reuters

UPDATE 1-EDF bids for 50 pct of Constellation nuclear assets
NEW YORK, Dec 3 (Reuters) - Electricite de France SA offered to buy a 50 percent stake in ConstellationEnergy Group Inc's nuclear business for $4.5 billion,in an attempt to scuttle a $4.7 billion takeover by WarrenBuffett's MidAmerican Energy Holdings Co.
Reuters

EDF bids for 50 pct of Constellation nuclear assets
NEW YORK (Reuters) - Electricite de France SA offered to buy a 50 percent stake in Constellation Energy Group Inc's nuclear business for $4.5 billion, in an attempt to scuttle a $4.7 billion takeover by Warren Buffett's MidAmerican Energy Holdings Co.
Reuters

India Names Mumbai Mastermind
India named a senior leader of the Pakistani militant group Lashkar-e-Taiba as the mastermind of the Mumbai terror attacks, and demanded the Pakistani government turn him over and take action against the group.
Wall Street Journal

Insurer wants a rate increase
The 2008 hurricane season is finally over, but the quest for higher homeowners insurance rates marches on.
homeinsurancepower.com

State Web site updates insurance comparisons
BATON ROUGE -- An electronic guide that allows consumers to compare homeowners and auto insurance rates has been posted on the state Department of Insurance's Web site, the first time in two years the data has been revised.
homeinsurancepower.com

Ascension Insurance acquires First Charter Insurance
Ascension Insurance has acquired First Charter Insurance Services from Fifth Third Bankcorp.
Insurance-business-review.com

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