0 results for 'New York Life Insurance'
Berkowitz's returns rise from worst to first as AIG, BofA rally
Bruce Berkowitz's Fairholme Fund is poised to post its best year in a decade, led by the rebound of financial firms that fueled what he called a "horrible" 2011.Solutia, Monsanto Reach Accord
After 18 months in bankruptcy and nearly eight years after its spin-off, Solutia Inc. has reached a truce with former parent Monsanto Co. and its unsecured creditors. Under an agreement announced Tuesday, Solutia would offer $250 million in new stock to unsecured creditors in a rights offering backstopped by Monsanto. The St. Louis-based agricultural biotechnology company and unsecured creditors would split the rest of the stock of a reorganized Solutia.Beware of reliance on 'as-is, where-is' clauses
The adoption of risk-based cleanup standards by many state environmental agencies, the availability of grants, low-interest loans, tax credits and other financial incentives for brownfield redevelopment, and the increasing recognition that environmental problems often can be readily identified and addressed for a reasonable cost, have all spurred interest in recycling contaminated properties to beneficial use.Real Estate Biggest Deals: The Great Divide
In a world of "trophies and train wrecks," deals are being made. But action is muted because of nervous lenders and weak consumer spending. One opportunity: Some investors are purchasing distressed debt at a discount.View more book results for the query "New York Life Insurance"
Wells Fargo sees 'huge opportunity' as BofA cuts home lending
Wells Fargo & Co., the biggest U.S. home lender, may earn higher profits in the U.S. mortgage market as rivals flee from angry homeowners, more powerful regulators and billions of dollars in losses.Al-Amin Arrested, But Old Charges Still A Mystery
Fulton County, Ga.'s district attorney says he can find no record of a 1995 aggravated assault charge brought against a former Black Panther now charged with slaying a county deputy. In 1995, Jamil Abdullah Al-Amin was charged with aggravated assault, carrying a concealed weapon and carrying a pistol without a license after a shooting in front of a grocery he owned. He now faces new charges of murder and aggravated assault in connection with the shooting of two Fulton sheriff's deputies.Regional bank stocks fly under the radar
Without attracting much notice, regional bank stocks are having a banner year. They are up 28 percent through June 18, ranking among the best of the 154 industry groups in the Standard Poor's 500 Index. This hot performance was achieved in a cool market: The SP 500 as a whole is close to unchanged for the year.Data security lawyer leaves Hunton for Alston
Outsourcing and data security lawyer James A. Harvey has left Hunton Williams, where he co-chaired the global technology and sourcing practice, to return to Alston Bird as a partner in the firm's intellectual property and technology transactions group. Harvey led a privacy and data management task force at Alston before joining Hunton at the beginning of 2006, along with Karen M.Trending Stories
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