Operating within the United States, AEL develops, markets, issues and administers its annuities and life insurance products. The portfolio of products for their annuity business includes fixed rate annuities, index annuities and variable annuities. The insurance portion of AEL provides traditional ordinary and term, universal life, and other interest-sensitive life insurance products.As a provider of [...]
Stockerblog submits: Yes, you read that right. Stocks that pay dividends that are free of federal income taxes. For purposes of this list and most of my other stock lists, I consider a stock to be any security that trades on the New York Stock Exchange or American Stock Exchange that is not a [...]
In the video below, as in my column, I use Home Solutions as an example of why Sarbanes-Oxley shouldn’t be watered down for small companies. I was focusing on something that is totally un-Sarbox related: The company’s exaggerations in a news release.But there’s actually something not in the video or column about Home Solutions that’s [...]
1. The Times’ Jenny Anderson (1500 words) hits most of the bases touched by Fortune’s Marcia Vickers (3400 words); the difference is largely detail, with a goodly chunk of that devoted to the subject’s alleged short-comings as a personnel person.
2. Which wasn’t exactly news. In fact, apart from a hue here and a tone there, [...]
Notable Calls submits: A couple of firms comment this morning on Jackson Hewitt (NYSE:JTX) after the Justice Department and the Internal Revenue Service announced civil injunction suits against five companies that operate Jackson Hewitt franchises.
- William Blair notes it is critically important to note that the suits are aimed at this one particular Jackson Hewitt [...]
In your early days on Bay Street (or Wall Street or in The City) you try to put into practice many of the valuation techniques you were taught in an academic setting (or the school of hard knocks); methodologies such as PEG ratios and discounted cash flow analysis. Sounds easy enough, except when an industry [...]
Yes, I know 404 is expensive to implement and much of what they come up with is boilerplate.But part of the proposed changes would let auditors rely on third parties and the companies themselves to determine how effective internal controls are, rather than do their own assessment of the management’s assessment. (I know that sounds [...]
Goldman Sachs has emerged as the single biggest creditor of New Century, the American sub-prime mortgage lender, which filed for Chapter 11 bankruptcy last night, after writing $60 billion (£30.4 billion) of American home loans.
Barclays, the British bank, is at No 15 in the list of top 50 creditors. HSBC, which is already directly exposed [...]
In an entirely unrelated development, Goldman Sachs’ Kathleen Brown quit the board of Countrywide Financial (Mozilo Stock Sales Inc.) last Friday, just two years before her term expired.Tug o’ the forelock to Minyanville.
originaly from source