Bank of America (BofA) has been charged by homeowners in a Florida federal court over allegations for charging them excessively in connection with so-called force-placed insurance. The home owners were quoted by Bloomberg as saying, "A ...
Tags: Florida home owners, force-placed, BofA
US based diversified conglomerate Berkshire Hathaway has agreed to acquire Spain based Caixabank's life insurance operation, VidaCaixa, in a deal valued at EUR600m. The seller will get EUR524m pretax gain following the completion of ...
Tags: Berkshire Hathaway, acquire, life insurance, Spain, insurance operations
North American supplier of general line rigid containers BWAY Parent Company through its primary operating subsidiary BWAY has entered into an agreement to be acquired by equity investment firm Platinum Equity for $1.24bn. Under the terms ...
Tags: rigid containers, value creation, investment
Investment firm Platinum Equity’s affiliate has completed the previously announced acquisition of BWAY, a North American supplier of general line rigid containers for $1.24bn, from Madison Dearborn Partners through a merger. ...
Tags: Bway, rigid containers, general line
Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: CVC, Bes, board of directors, insurance
US personal lines insurer Allstate has named Sanjay Gupta as the company’s executive vice president and chief marketing officer, effective from 1 September 2012. The insurer has assigned Gupta to concentrate on marketing and ...
Tags: Allstate, Sanjay Gupta, executive vice president, marketing officer
The Book of Mormon, the recent Broadway show that absolutely dominated the awards ceremonies by winning nine 2011 Tony Awards, five 2011 Drama Desk Awards and a 2012 Grammy Award, is now taking the show on the road with two North American ...
Private investment firm TPG has signed an agreement with Investcorp to acquire heavy-duty truck and trailer parts retailer FleetPride for an undisclosed amount. The transaction, which is expected to close in the fourth quarter of 2012, is ...
IDG News Service-Bank of America Merchant Services will extend its mobile payments service to small retailers in December,allowing them to use smartphones and tablets as point-of-sale terminals. The entry of the country's largest ...
Tags: Bank of America, Mobile Payments, smartphones, tablets, sale terminals
An international gang of cyber crooks is plotting a major campaign to steal money from the online accounts of thousands of consumers at 30 or more major U.S.banks,security firm RSA warned. In an advisory Thursday,RSA said it has ...
Tags: Cybercriminal, Trojan Attack, international gang of cyber crooks, RSA
A hacker group said to be connected to Hamas has claimed responsibility for distributed denial-of-service (DDoS) attacks on US banks in retaliation to the controversial video "The Innocence of Muslims" posted on Google's YouTube service. ...
Tags: DDoS, US banks, controversial video, Wells Fargo
Glass products maker Apogee Enterprises Inc (APOG. O) reported a quarterly profit above estimates and raised its full-year profit forecast as sales rose in its architectural business, sending its shares up 12 percent in extended trading. ...
Tags: market view, glass
The Financial Services Information Sharing and Analysis Center (FS-ISAC) has put U.S. banks on high alert against cyberattackers seeking to steal employee network login credentials to conduct extensive wire transfer fraud. The alert warns ...
Tags: Cybercrime, Hacking, U.S.Banks, IT security
IDG News Service - IBM has combined a number of its online marketing software programs into a unified service, called the IBM Marketing Center. IBM has designed the service, an IBM Smarter Commerce offering, for organizations to outsource ...
Tags: Online Marketing Service, Desktop Apps, IBM, USA
A wide array of indoor and outdoor furniture is offered at Nadeau.Nadeu -- Furniture with a Soul, an importer of stylish handmade furnishings, opened in Charlotte on Saturday, Aug. 18, at 3100 South Park Drive. The furniture and ...
Tags: furniture