By Jyothi Shanbhag TMCnet Contributing Editor GroundWork Open Source has announced a pre-release version of its Monitor Community Edition 5.3, now available for download to the open source community. The latest version is...
By Gilbert Kreijger AMSTERDAM, Nov 18 (Reuters) - Dutch insurer Aegon NV said it may buy a small U.S. thrift company to qualify for potentially more than $1 billion in U.S. government support, sending its shares down more than...
Genworth bucks the trend in weak financial sector NEW YORK (MarketWatch) -- Shares of insurer Genworth Financial Inc. rallied 25% Monday, gaining as the company said it's applied to become a savings and loan, in what was an...
The insurer is applying to become a savings and loan in order to qualify for $700 billion buyout. Paste this link into your favorite RSS desktop reader PHILADELPHIA (AP) -- Insurance and investment manager Lincoln Financial...
By KERRY E. GRACE and KEVIN KINGSBURY Lincoln National Corp. became the latest life insurer to want to convert into a savings and loan so it can access part of the federal government's $700 billion in funds being pumped into...
BLOOMBERG NEWS SERVICE • November 17, 2008 U.S. stocks fell, extending a two-week drop, as a record contraction in New York manufacturing and Citigroup Inc.'s plan to cut 50,000 jobs spurred concern the recession will deepen....
Genworth shares surged a day after the insurer said it plans to file for savings-and-loan status, buying a small Minnesota bank and seek capital from the Treasury Department's $250 billion injection effort.
Nov 16 (Reuters) - Genworth Financial Inc: * Announces filing for savings and loan holding company status * Says filed a savings and loan holding company application with ots * Says filed a savings and loan holding company...
US stock futures dropped on Monday as recession fears continued to spook the investors. Dwindling corporate profits, bleak outlook and possibility of further job cuts also weighed upon market sentiment.[More...]