| Planning your family's financial future
Most people would agree that one of the top causes of stress is money. But to be more specific, its not money itself that causes the pressure to build up. The stress is most often brought on by the consequences of poor money management. Whether you have a few dollars to spend, or thousands to throw to the wind, setting priorities and goals for your money is the best way to avoid financial pitfalls while planning for your familys future. .
A 'Top 10' list taxpayers don't want to make
Unless you're in the accounting field, chances are you've gotten a headache poring over your 2006 federal income tax return. A two-day grace period allowing taxpayers to file returns by April 17th instead of the usual April 15th may come in handy for some of the stragglers. But professional tax accountants say the extension -- due to the 15th falling on a Sunday -- likely won't help those non-professional filers whose mistakes can result in missed deductions or lost tax credits. Matt Krueger of Krueger & Associates, with offices in Genoa, Hampshire and Elgin, said after perusing a number of clients' paperwork, he's concerned that taxpayers are missing out on the new home improvement and energy-efficient tax credit. "If you replace doors, windows, insulation, hot water heaters, you can claim the expenses on this year's tax return," Krueger said.
CCA Industries Ends Talks For Proposed Acquisition By Dubilier ...
(RTTNews) - On Tuesday, CCA Industries Inc. (CAW | charts | news | PowerRating) said it has terminated negotiations relating to the proposed acquisition of CCA by Dubilier & Co. The company said it is expecting to record first quarter net income below that reported in first quarter of fiscal 2006. Earlier, on November, 11, 2006, CCA and Dubilier entered into a Letter of Intent with CCA Industries to acquire CCA for about $94 million or $12.00 per share for the common stock and $14.50 per share for the restricted Class A stock. CCA said it terminated the negotiations as Dubilier was unable to secure financing of the transaction. David Edell, Chief Executive Officer of CCA said, "With the termination of negotiations toward reaching a definitive acquisition agreement, management will focus its attention on new product development and exploring other opportunities to enhance shareholder value." CCA said it is expecting to record first quarter net income below that reported in prior year quarter, due to the effect of nonrecurring expenses incurred from the failed merger transaction with Dubilier.
Allianz Sheds Its Accident-Prone Past
WHEN MICHAEL DIEKMANN ASSUMED the chief executive job at German insurer Allianz four years ago this month, the global financial giant had just reported a record quarterly loss after a costly acquisition of Dresdner Bank and had posted big provisions for Sept. 11 and asbestos claims in the U.S. Investors had watched their shares go into free fall, losing about 80% of their value. At last, the insurer, with Diekmann at the helm, seems to have put that nasty string of disasters behind it. Best known in the U.S. for its Pimco money-management and Fireman's Fund insurance businesses, Allianz is ... .
Jefferies Strengthens Global Healthcare Investment Banking Team ...
LONDON and NEW YORK, April 2 /PRNewswire/ -- The Jefferies investment bank today announced the hiring of Ronald Openshaw as a Director of Investment Banking within Jefferies' European healthcare practice. Building on Jefferies' established expertise in M&A and the capital markets, this addition further strengthens the Firm's global capabilities in this dynamic, high growth sector. The hiring of Mr. Openshaw follows the recent appointment of David Weaver as Head of International Investment Banking at Jefferies and is part of the ongoing significant expansion of the Firm's global presence. Mr. Openshaw joins the efforts of Jefferies' established US-based healthcare investment banking practice, which includes nearly 30 professionals and is led by Ray Minella. The healthcare sector has long been a focus area for Jefferies, which offers a full range of investment banking services for healthcare companies over a wide range of related industries, including healthcare services, contract research organizations, biotechnology, pharmaceuticals, and medical devices.
Strides Arcolab begins Grandix due diligence
It is too early, as the due diligence has just started, he said. During March, the company received tentative approvals from the US Food and Drug Administration for new drug applications [NDA] as well as abbreviated new drug applications (ANDAs) for various fixed dose combinations of Antiretroviral (ARV) drugs like Lamivudine, Stavudine, Nevirapine and Efavirenz. Strides Arcolab, which is among the worlds top 5 soft gel capsule manufacturers, has 13 plants in India, the US, Brazil, Mexico, Poland and Italy. The company, with marketing presence in 55 countries, has teamed up with global organisations like Unicef, Global TB Drug Facility and Clinton Foundation. .
HRPT Properties Trust to Present at Credit Suisse Real Estate ...
NEWTON, Mass.--(BUSINESS WIRE)--HRPT Properties Trust (NYSE: HRP) today announced that John C. Popeo, treasurer, chief financial officer and secretary, will be presenting at the Credit Suisse Real Estate Conference in New York City on Wednesday, April 11, 2007 at 1:45 p.m. The presentation will be broadcast live over the Internet. To access the live webcast, participants should visit the HRPT web site at www.hrpreit.com at least 15 minutes prior to the broadcast to ensure that all the necessary applications are downloaded and installed. For those unable to participate live, the archived webcast will be available for replay on the HRPT web site for about one week after the presentation. HRPT Properties Trust is a real estate investment trust, or REIT, which primarily owns office buildings located throughout the United States.
SogoInvest Launches SogoElite for Active Traders at $1 Per Trade
SogoInvest sent shockwaves through the online brokerage world in July 2006 when it launched its $1 per trade trading platform, becoming the original catalyst for the recent industry-wide brokerage price war. SogoInvest is proud to announce the launch of SogoElite. SogoElite is a free downloadable trading application which allows the trader the option to enroll in a per-share or a subscription fee pricing plan. (PRWeb) April 3, 2007 -- Building on the distinction between the needs of the average investor and those of the active trader, SogoInvest is proud to announce the launch of SogoElite. A downloadable rapid order entry and research interface, SogoElite is a powerful tool powered by Genesis Securities' NASDAQ Platinum certified trading platform, LASER. Completely customizable and intuitive, SogoElite provides real-time stock charts and advanced technical analysis tools for different markets and order types.
What Scares Beginners?
I was talking to my old mum the other day about some money that I have to invest, and she asked me what I was going to do with it. I told her I'd buy some shares with it, and I got a horrified look in response. "But you might lose it all!" she exclaimed. Leaving aside the possibility that she might be right -- I seem to be fatally attracted to dodgy small companies -- isn't that the biggest fear faced by investing beginners> It's often said that the best approach to making money is to start off by ensuring that you don't lose it, so how might I lose all my money? Well, I could lose it if I invest it all in a single company and that company goes bust, or if I invest it in the latest fashionable bandwagon just before the bubble bursts (as so many unfortunate beginners did in the technology boom and bust of just a few years ago).
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