Worldwide Business News

Sage Group acquires Verus Financial Management
Green Sheet, CA - 39 minutes ago 9, 2006, United Kingdom-based Sage Group plc, an accounting and business management software provider, announced plans to acquire Verus Financial Management Inc

Financial Aid office to host resource fair Tuesday
Indiana Statesman, Indiana - 14 hours ago The Office of Student Financial Aid is slated to provide a resource fair from10 am to 2 pm Tuesday in Dede III to assist students in applying for financial aid

ADP to Webcast Financial Analyst Conference on March 14, 2006
Business Wire (press release), CA - 41 minutes ago 27, 2006–Automatic Data Processing, Inc. (NYSE:ADP) will hold its next financial analyst conference on Tuesday, March 14, 2006 from 8:45 am to 12:00 pm (EST).

PAC annoyed over financial irregularities in Foreign Ministry
Online - International News Network, Pakistan - 1 hour ago ISLAMABAD: Special committee of Public Accounts Committee (PAC) has taken strict notice of financial irregularities in Ministry of Foreign Affairs and

Banks best for financial advice?
MyFinances.co.uk, UK - 2 hours ago Most people in the UK think the place to go for financial advice is their existing bank or building society, according to new data.

Germany’s Financial Watchdog Investigating Lufthansa’s Takeover of Swiss Airline 
Money Sense - 2 hours, 53 minutes ago
Germany’s financial watchdog, BaFin, said Friday it is investigating the US$375 million (euro313.6 million) takeover of Swiss International Air Lines Ltd. by Lufthansa.Save to My Web

Preformed Line Products Announces Financial Results for the 2005 Fourth Quarter and Full Year 
[Press Release] PR Newswire via Yahoo! Finance - Feb 23 1:44 PM
Preformed Line Products Company today reported financial results for the fourth quarter and the full year ended December 31, 2005.Save to My Web

The Hartford’s George P. Thacker Named Financial Services ‘Direct Marketer of the Year’ by the DMA 
[Press Release] PR Newswire via Yahoo! Finance - 1 hour, 43 minutes ago
The Hartford Financial Services Group, Inc. , one of the nation’s leading providers of investment and insurance products, announced today that George P. Thacker, vice president of marketing for The Hartford’s personal insurance division, has been named “Direct Marketer of the Year” by the Direct Marketing Association Financial Services Council.Save to My Web

Renovis Reports Fourth Quarter and Full Year 2005 Financial Results 
[Press Release] PR Newswire via Yahoo! Finance - Feb 23 1:01 PM
Renovis, Inc. , a biopharmaceutical company focused on the discovery and development of drugs for diseases and disorders in the areas of neuroprotection, pain and inflammation, today announced financial results for the fourth quarter and year ended December 31, 2005.Save to My Web

Reuters, MasterCard to supply US retail sales data 
Reuters via Yahoo! News - Feb 23 6:14 AM
News and information group Reuters said on Thursday it will distribute U.S. retail sales data from credit card association MasterCard to clients in financial markets before comparable official statistics are available.Save to My Web

American Superconductor Announces Resignation of Chief Financial Officer 
[Press Release] PR Newswire via Yahoo! Finance - Feb 24 5:00 AM
American Superconductor Corporation today announced that Kevin Bisson, Senior Vice President and Chief Financial Officer, will be resigning to accept an executive position at another publicly traded company.Save to My Web

Standard Register Announces Preliminary 2005 Financial Results 
SYS-CON Media - Feb 23 4:06 PM
Standard Register today announced preliminary financial results for the fourth quarter and total year ended January 1, 2006.Save to My Web

LION, Inc. to Report Fourth Quarter 2005 Financial Results 
[Press Release] Business Wire via Yahoo! Finance - Feb 22 6:30 AM
SEATTLE—-Feb. 22, 2006–LION, Inc. , a leading provider of online lead generation and mortgage technology solutions, today announced that it will release financial results for the fourth quarter ended December 31, 2005, immediately following the close of market on Thursday, March 2, 2006.Save to My Web

(AFX UK Focus) 2006-02-21 09:30 GMT: AFX NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT 
Interactive Investor - Feb 21 1:51 AM
BEIJING (AFX) - China’s State Council said it will allow private and foreign firms to buy stakes in rural financial institutions, the official Xinhua news agency reported, citing a State Council statement.Save to My Web

Bank of America to Restate Financial Statements for Accounting Under SFAS 133 
[Press Release] PR Newswire via Yahoo! Finance - Feb 22 5:32 AM
Bank of America today said it will restate financial statements going back to 2002 in order to adjust the accounting under Statement of Financial Accounting Standards 133 for certain derivative transactions used in its hedging strategies to manage interest rate risk and foreign exchange exposure.Save to My Web

Pharmacopeia to Host Fourth Quarter and Full Year 2005 Financial Results Conference Call 
[Press Release] PR Newswire via Yahoo! Finance - Feb 22 4:45 AM
Pharmacopeia , an innovator in the discovery and development of novel small molecule therapeutics, today announced that the company plans to release its financial results for the fourth quarter and full year ended December 31, 2005 after the NASDAQ Market closes on Wednesday, February 22, 2006.Save to My Web

Internet Capital Group Issues Statement Relating to Chief Financial Officer 
[Press Release] Business Wire via Yahoo! Finance - Feb 22 8:30 AM
WAYNE, Pa.—-Feb. 22, 2006–Internet Capital Group, Inc. announces that its Chief Financial Officer, Anthony P. Dolanski, has entered into a settlement of litigation brought by the Securities and Exchange Commission.Save to My Web

Raytheon Names David Wajsgras Chief Financial Officer 
[Press Release] PR Newswire via Yahoo! Finance - Feb 22 4:56 AM
Raytheon Company has appointed David C. Wajsgras, 46, senior vice president and chief financial officer, effective March 13, 2006. Most recently, Wajsgras was executive vice president and chief financial officer for Lear Corporation .Save to My Web

Dyax Corp. Announces Fourth Quarter and Year End 2005 Financial Results 
[Press Release] Business Wire via Yahoo! Finance - Feb 22 4:30 AM
CAMBRIDGE, Mass.—-Feb. 22, 2006–Dyax Corp. today announced financial results for the fourth quarter and year ended December 31, 2005.Save to My Web

Earnings: State Auto Financial Corp. 
The Columbus Dispatch - Feb 22 4:00 AM
Fast. Relevant. Local. In the Spotlight: Health , OSU Plus 7 Days of News.Save to My Web

Dow Jones combines print, online WSJ into one unit 
USA Today - Feb 22 7:43 AM
Financial news publisher Dow Jones announced a new organization Wednesday, combining the print and online editions of The Wall Street Journal into one unit and naming new executives.Save to My Web

Optimism from Bernanke, home building lift stocks
Washington Times - NEW YORK (AP) — Stocks posted moderate gains yesterday, buoyed by Hewlett-Packard Co.’s earnings, a surprising jump in home construction and more positive comments from the Federal Reserve. The Dow Jones industrial average posted a 4-1/2-year high

3GSM : Gemplus to soon offer 1GB SIM
Computerworld - Developing a Mobile Wi-Fi Application - Case Study of the NCDOT This article describes a Wi-Fi mobile application built by the North Carolina Department of Transportation and explains how database and synchronization technology In an increasingly

7 Days on Stage
Gay City News - 25 QUESTIONS FOR A JEWISH MOTHER When we think of the Jewish mother, we think guilt trips, matzoh ball soup, and constant kvetching. Jewish lesbian comedian Judy Gold challenges this stereotype with her new play. Gold is known for her lightning-fast

China Dollar Critics: Be careful what you wish for
Asia Media - Los Angeles — In the increasingly tense matter of “China’s Currency v. U.S. Trade Deficit,” it needs to be noted that both sides stand to become losers if either side insists on winning. China doesn’t want to make its currency much more expensive

Much ado about Bernanke
Safe Haven - Yesterday, Ben Bernanke began the first of what will likely be many semi-annual pilgrimages to Capital Hill. Under his predecessor, such rituals amounted to nothing more than political grandstanding, where politicians either baited Greenspan into

Bush Pushes Alternative Energy in Three-State Visit
Axcess News - (AXcess News) Washington - President Bush pushed his administration’s alternative energy agenda in a three-state visit Monday, taking the time to visit one of the nation’s leading producers of energy-efficient technologies, Johnson Controls, where

Real shops for real people
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Wall Street Rally May Need More Good News
NewsMax.com - NEW YORK — Turns out that the economy is doing pretty well, after all. Federal Reserve Chairman Ben Bernanke’s congressional testimony sparked a major rally on Wall Street last week, with the Dow Jones industrial average hitting a new 4 -year high

China PM to meet with Japan trade minister
Forbes - BEIJING (AFX) - Chinese Premier Wen Jiabao will meet Japan’s visiting trade minister, Toshihiro Nikai, the foreign ministry said, in the most senior government encounter between the two feuding nations in months. ‘During the visit he will meet with

Japan Economy Grows 5.5 Percent in 4Q
MSN Money - Feb 16, 2006 TOKYO (AP) - Japan’s economy grew at a strong 5.5 percent annual pace in the last three months of 2005, the government said Friday, underscoring signs of a

Nigerian Delegation Presents Document To Transform Liberian
African News Dimension, South Africa - 5 hours ago By Patrick Wrokpoh. A special Nigerian delegation dispatched to Liberia by the President of Nigeria on Monday presented to President

UAE MINISTRY OF ECONOMY APPROVES AMAN S REQUEST TO INCREASE
Al-Bawaba, Jordan - 10 hours ago Dubai Islamic Insurance and Reinsurance Company (AMAN) were granted the Ministry of Economy approval on the request for increasing the capitol to AED 200

US central bank chief predicts rebound for its economy
ABC Regional Online, Australia - Feb 16, 2006 TONY EASTLEY: The new US Central Bank Chief has predicted a significant rebound for the world’s biggest economy. Ben Bernanke, who

‘India’s economy is more efficient than China’s’
TMCnet - Feb 19, 2006 5bn. On India versus China, Mr Beffa said, “The market economy is working much more efficiently and clearly in India than in China.

Major problems to Bulgaria s economy listed
Sofia Echo, Bulgaria - 17 hours ago STAGNATION will again be a major problem for Bulgaria s economy in 2006, continuing the trend of the past two years. The non-government

Businesses still have confidence in economy
Nation Multimedia, Thailand - Feb 19, 2006 conflicts, but they admit that prolonged uncertainty could dent long-term economic confidence and discourage investors from pumping money into the economy.

Japan unions seek wage hikes as economy recovers
Herald News Daily, ND - 6 hours ago The world s second-biggest economy has been seeing a gradual upturn after more than a decade of stop-and-go growth and seven years of deflation, and Japan Inc

Economy in Japan surges as others lag
International Herald Tribune, France - Feb 17, 2006 The unexpectedly strong growth figures showed Japan, the world’s second-largest economy, to be roaring ahead at a time when the United States and Europe appear

Singapore presses on with upgrading and restructuring economy
Channel News Asia, Singapore - Feb 17, 2006 Singapore’s economy is expected to grow 4 to 6 percent this year - after recording a much better-than-expected growth in 2005. In

Wall along border will increase human smuggling
Pharos-Tribune - Tightening up on the borders has perverse and fatal consequences. A Texas federal court jury recently convicted three people in a notorious human smuggling case. The crime was grisly: In May 2003, 19 undocumented immigrants including a 5

Bonds rally despite looming inflation
Globe and Mail - The inflation watch continues this week with the release of consumer price data in both Canada and the United States on Wednesday, although bond investors shrugged off signs of inflationary pressures last week and sent prices higher. The drop in the

In Business
Fort Morgan Times - Times Farm Editor Superior Livestock Auction, based out of both Brush and Fort Worth, Texas, was one of two recipients of the 2006 Beef Industry Vision Award given out by the National Cattlemen’s Foundation. Pingree Design and Equipment of Greeley

The Labor Shortage Hoax
American Economic Alert - There s a new glut on world markets. No, I m not talking about the gluts of Chinese apparel or shares of Google stock bought at $475 each or of sub-prime U.S. lenders. I m talking about the new glut of studies claiming that what really ails the

Why the American Public Rejects the Bush Economic “Plan”
American Economic Alert - There was bad news for the White House and the Republican Party in the Associated Press-Ipsos poll on public attitudes conducted Feb. 6-8. By a 61-35 percent margin, respondents said that the country was on the wrong track, and by 57-40 percent

More Local News
WECT - The Brunswick County man accused of raping two girls in Ocean Isle Beach five years ago made his first court appearance Thursday. Forty-six year old Larry Raynor of Supply stood quietly in the courtroom, often looking toward the ground, as he was

MOUNTAIN VIEWS: NEWS STORIES JUST UNDER THE RADAR
Niagara Falls Reporter - OLEAN — This column falls under the heading: A Couple of Things You’ll Hear More About Soon. As the weather gets warmer, so will these two issues. 1) Big Oil Ripoff — If you hear the term “royalty relief,” what comes to mind? Giving Queen Elizabeth

More Stories
CBS News - Explore the U.S. economy through our in-depth features on U.S. markets, taxes, employment and the Federal Reserve. CBS A recently declassified letter reveals a lot of critical information about the inner workings of al Qaeda. The Weekly Standard says

The End of the Internet?
Nation - The nation’s largest telephone and cable companies are crafting an alarming set of strategies that would transform the free, open and nondiscriminatory Internet of today to a privately run and branded service that would charge a fee for virtually

Japan’s Economy Expands Three Times as Fast as the US, Europe
Bloomberg - Feb 16, 2006 Feb. 17 (Bloomberg) — Japan’s economy grew at more than three times the pace of both the US and Europe in the fourth quarter as consumer spending surged.

Japanese economy picks up speed
BBC News, UK - Feb 17, 2006 Japan’s economy grew at a faster pace than expected in the final three months of 2005, boosted by a pick-up in exports, official figures show.

Nigerian Delegation Presents Document To Transform Liberian
African News Dimension, South Africa - 1 hour ago By Patrick Wrokpoh. A special Nigerian delegation dispatched to Liberia by the President of Nigeria on Monday presented to President

US central bank chief predicts rebound for its economy
ABC Regional Online, Australia - Feb 16, 2006 TONY EASTLEY: The new US Central Bank Chief has predicted a significant rebound for the world’s biggest economy. Ben Bernanke, who

Economy in Japan surges as others lag
International Herald Tribune, France - Feb 17, 2006 The unexpectedly strong growth figures showed Japan, the world’s second-largest economy, to be roaring ahead at a time when the United States and Europe appear

SJ claims event will pull in millions to local economy
San Jose Mercury News,  USA - 9 hours ago The cyclists and their entourage have booked 440 hotel room nights in San Jose, contributing an estimated $4.7 million to the local economy, said economic

Japan’s economy posts healthy growth in 4Q
Miami Herald, FL - Feb 17, 2006 TOKYO - Japan’s economy grew at a stunning 5.5 percent annual pace in the fourth quarter, the government said Friday, indicating a convincing recovery is

Managing knowledge workers in the new economy
UQ News, Australia - 17 hours ago Visiting professor at the UQ Business School Mats Alvesson will share his expertise on management in knowledge-intensive firms at a public seminar on Wednesday

EU confirms receipt of Microsoft response refutes claim of unfair
Forbes - BRUSSELS (AFX) - The European Commission said it has received the response of US software giant Microsoft Corp to a set of formal charges launched in December and has refuted claims made by the company that the EU regulator did not even read the

Banakor Swisse raises money around firms that no longer legally exist
KYC News - If your are already a member of KYC News Inc. either because you subscribe to one of our newsletters or because you have a credit-based account, sign in below. Not A Member? OffshoreAlert has 2 news distribution formats: Newsletter and News Wire

MLP Q4 revenues drop 15 pct as life insurance demand remains low
Forbes - LONDON (AFX) - MLP AG said its total revenues for the fourth quarter dropped 15 pct to 217.9 mln eur versus the year-earlier period as reductions in tax benefits for life insurance policy holders continued to dampen sales. But revenues were slightly

Financial aid requests rise, but cash still left on table
Belleville News-Democrat - Even as the price of college rises, more low-income students who likely would get federal financial aid aren’t even bothering to apply. A new report by the American Council on Education estimates 1.5 million students who would probably have been

Public Eye
CBS News - On the “CBS Evening News” tonight, February 14th, [Capitol Hill Correspondent] Sharyl Attkisson gave a report on Homeland Security Secretary [Michael] Chertoff and his actions dealing with Hurricane Katrina. In the Q&A after the report, [anchor] Bob

Thomson Financial Announces Results From Annual Web Site Survey:
WebWire - New York, NY, 02/15/2006, Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced results from a recent

Microsoft acquires MotionBridge
Infoworld - MotionBridge technology allows for “deep indexing and deep indexing of mobile operators’ content assets,” Pieter Knook, senior vice president of Microsoft’s mobile and embedded business and communications sector, said at a news conference. Microsoft

Financial markets to be further opened
Xinhua, China - 21 hours ago China first allowed foreigners to invest in its financial markets in 2003 under the Qualified Foreign Institutional Investor (QFII) program, permitting mutual

E-Trade Financial Jan. trading volume up
BusinessWeek - 7 hours ago FEB. 15 10:20 AM ET Online brokerage E-Trade Financial Corp. said Wednesday its January trading volume grew 32.6 percent from the

Inkhosikati appeals for financial assistance
The Swazi Observer, Swaziland - 15 hours ago We neither receive subvention from government nor any other financial sponsorship from other sources,” she said, adding: “I wish to appeal to every business

aQuantive Announces Record Fourth Quarter and Annual Financial
Business Wire (press release), CA - 13 minutes ago aQuantive, Inc. (Nasdaq:AQNT), a digital marketing company, today reported financial results for the fourth quarter and year ended December 31, 2005.

American Financial Realty Trust Announces Sale of Edmund Ball
Finanzen.net, Germany - 8 hours ago American Financial Realty Trust (NYSE:AFR), a realestate investment trust focused on acquiring and leasing propertiesoccupied by financial institutions, today

Genzyme Reports Financial Results for Fourth Quarter of 2005 and
WebWire (press release), GA - 3 hours ago February 15, 2006, Genzyme Corporation (Nasdaq: GENZ) today reported fourth-quarter and full-year financial results for 2005. The

(PRN) Monitronics International, Inc. to Announce Financial
Houston Chronicle, United States - 22 hours ago Monitronics International, Inc., a leading national provider of security alarm monitoring services, announces its intention to release financial results for

Medical research often compromised by financial interests
Newstarget.com, Taiwan - 6 hours ago A few days later, The Wall Street Journal reported on a web of financial connections between the Cleveland Clinic, its chief executive and AtriCure, a company

ONLINE GAMING WINNERS TO BE OFFERED INDEPENDENT FINANCIAL ADVICE
SourceWire (press release), UK - 7 hours ago 15th February 2006 InterCasino.co.uk takes the groundbreaking step of offering independent financial investment advice to all players that win over 7,500

Financial regulator issues phishing warning
Siliconrepublic.com, Ireland - 5 hours ago 15.02.2006 - The Irish Financial Services Regulatory Authority (IFSRA) has reiterated its warning to consumers to protect their personal financial information