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Advisers Find Opportunities In New Year (Investor`s Business Daily)
Bruce Meyer is as savvy as individual investors get. He worked as a specialist on the floor of the New York Stock Exchange for 25 years until...
yahoo.com

Report: Toyota developing solar powered green car
Toyota Motor Corp. is secretly developing a vehicle that will be powered solely by solar energy in an effort to turn around its struggling business with a futuristic ecological car, a top business daily reported Thursday. The Nikkei newspaper, however, said...
San Francisco Chronicle

Business Advertising Taking A Dive in 2009
said . . . "get advertising at 70-90% off. Recessions mean budget cuts for larger corporations, which means advertising cancellations, just as in 2001 and 2002. There will be fire sales on remnan...
Big News Network

Alsbridge predicts outsourcing trends
The cost of outsourcing will help the business practice remain profitable in 2009, but security issues in India will force companies to consider other offshoring areas, Alsbridge Inc. said Wednesday when predicting business trends for 2009.
Bizjournals.com

The digital future of advertising
Trends of advertising indicate that the business model isn't the only shift. Where the money is going has changed too. Publicis' ZeneithOptimedia Group, one of the world's largest advertising companie...
Big News Network

S.E.C. Clears Mark-to-Market
Fair-value accounting was not the culprit of the financial meltdown that has brought down the biggest financial institutions in the country, the U.S. Securities and Exchange Commission said today in a report to Congress. This method of accounting, where assets are valued at a calculated current market price, should remain the standard, the S.E.C. said, adding recommendations to strengthen accountability and sensitivity to market changes. The study, produced on more than 200 pages, was ordered as part of Congress' $700 billion bailout package. Many banks and industry organizations have blamed this accounting practice for the downward economic spiral, as it forces businesses to assign a low value to assets as they would trade today, even if the company doesn't intend to sell them. Critics have also charged that it is impossible to determine fair market value in an illiquid market, such as the one that began to materialize after the risky trading of mortgage backed securities reversed
Portfolio

Payday lending rate cap among new laws in NH (AP)
New Hampshire is giving payday lenders the gong as it rings in the New Year. A law that takes effect Thursday caps the interest rate on small loans at 36 percent a year, which the industry has said will put it out of business.
yahoo.com

Brown & Brown, Inc. Announces the Asset Acquisition of Baker, Thomsen Associates Insurance Services
DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - December 31, 2008) - Kenneth D. Kirk, RegionalPresident of Brown & Brown, Inc. (NYSE: BRO), David J. Thomsen, Chairmanand Kathleen A. Wittau, President of Baker, Thomsen Associates InsuranceServices, of Newport Beach, California, announce the asset acquisition ofBaker, Thomsen Associates Insurance Services by a subsidiary of Brown &Brown, Inc.Baker, Thomsen Associates Insurance Services, with annualized revenues ofapproximately $1.4 million, focuses 100% on employee benefits for mediumand large sized businesses in Southern California and throughout the UnitedStates. Kathleen Wittau and Baker, Thomsen's other talented staff willcombine their agency operations with that of Brown & Brown's existingOrange office, under the leadership of Tim Casey.
Marketwire

FTSE 100 Index Sets Gloomy Record
The FTSE index of shares in Britain's biggest businesses has closed after the worst year in its history. A last-minute dose of post-Christmas cheer was not enough to prevent the FTSE 100 from notchi...
Big News Network

Bank and Thrift Opportunity Fund (NYSE: BTO) Announces Completion of Reverse Stock Split (PR Newswire)
John Hancock Bank and Thrift Opportunity Fund announced today that its previously disclosed 1-for-4 reverse stock split was executed after the close of business on December 29, 2008.
yahoo.com

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November 2009
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