American International Group (AIG) said that the US Department of the Treasury has set an offer price of 30.50 per share for its 163,934,426 shares. The recent move to offload the AIG's share is a step ahead to free the money, it invested ...
Tags: American International Group, underwriter, Stock, insurance
Wells Fargo Insurance has selected Michael Murray as senior vice president and managing director for its Charlotte, North Carolina operations, as well as operations in Winston Salem, NC. and Greenville and Columbia, South Carolina, US. ...
Tags: Wells Fargo Insurance, Michael Murray, senior vice president
The Export-Import Bank of the United States(Ex-Im Bank)has renewed a 12-month export credit insurance policy for Wells Fargo to enable the export of American cotton to a large textile firm in Turkey,Menderes Tekstil Sanayi ve Ticaret ...
Tags: Export-Import Bank of the United States, US cotton, Turkey
Bluefly Inc., a leading online retailer of designer brands, fashion trends and superior value, announced its results for the third quarter of 2012 as well as a new working capital credit facility. “We continue to execute on our new ...
Tags: United States of America, Online Apparel Retailer Bluefly Sales
Optical components, modules and subsystems developer Oclaro of San Jose, CA, USA has reported financial results for its fiscal first-quarter 2013 (ended 29 September 2012), including about ten weeks of operating results of Opnext Inc of ...
Tags: Oclaro Opnext, Quarterly Earnings Slip, financial results
Merit Medical Systems,a manufacturer of disposable medical devices for use in endoscopy and cardiology,has entered into a stock purchase agreement to buy Thomas Medical Products for$167m in cash. Thomas Medical,GE Healthcare's US ...
IDG News Service-SharePoint's new application development model has piqued the interest of ISVs and enterprise developers who create applications for Microsoft's enterprise collaboration server. The new platform,consistent with Web ...
Tags: SharePoint development model, ISVs, collaboration server
Apogee Enterprises,Inc.(Nasdaq:APOG)announced that it has amended and extended its secured revolving credit facility to support the company's strategic growth plans with an expanded facility at better terms.The facility has been extended ...
The Wet Seal Inc., a leading specialty retailer to young women, announced the appointment of four new members to its Board of Directors and the appointment of Lynda J. Davey as Chairman of the Board. The Board of Directors also established ...
Tags: chairman of board, board members, Wet Seal
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
Insmed, a biopharmaceutical company developing inhalation therapeutics for patients suffering from orphan lung diseases, has named Will Lewis as president and chief executive officer. Lewis has also been appointed to the company's board ...
Bank of America topped a list of 23 large or regional banks to be named the best in online customer experience best practices in consumer banking by Keynote Competitive Research. Additionally, Keynote said BB&T ranked number one in a bank ...
Tags: Financial IT, US, Bank of America, consumer banking
Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing Market Index ...
Tags: market view, Builder
Wells Fargo Insurance has appointed Paul Lazar as senior vice president and managing director for its Alabama and Tennessee operations and will be based in Birmingham, Alabama, US. In his new role, Lazar will focus within insurance sales ...
Tags: insurance, vice president, insurance sales, insurance operations