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Archive for the ‘Financial’ Category

Goldman Sachs whacked by Paul Volcker

Friday, January 22nd, 2010

Former Federal Reserve chief Paul Volcker overshadowed Goldman Sachs’ biggest-ever profit.

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Based Goldman Sachs posted a gaudy fourth-quarter profit of nearly $5 billion. That number beat the Wall Street analyst consensus estimate by more than $3 a share, thanks to an unusual reduction in employee compensation that handed shareholders a $3 billion after-tax bonus.

But investors weren’t cheering. They were too busy fretting over the big banks’ profit outlook in the face of a growing bonus backlash now seemingly joined by the White House. (more…)

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Goldman Sachs earns $4.79B in Q4

Friday, January 22nd, 2010

Goldman Sachs earns $4.79B

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Goldman Sachs Group Inc. said Thursday it earned $4.79 billion in the fourth quarter — a windfall that came in part from slashing its compensation ratio in response to political pressure over lavish Wall Street bonuses.

The company rewarded employees with $16.2 billion in salaries and bonuses for 2009. That’s up 47 percent from the previous year but much lower than many had expected. In all, compensation accounted for 36 percent of Goldman’s $45.17 billion in 2009 revenue, the lowest annual ratio since the company went public in 1999. In 2008, Goldman set aside 48 percent of its revenue to pay employees. (more…)

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Insure Your Car

Wednesday, January 20th, 2010

http://www.altiusdirectory.com/Insurance/images/car-insurance.jpgCar movies and racing becomes favorite in these late years because of the trend of automotive and car improvement. During the movie, many car companies and designers also promote their masterpiece to public and its folllowed by automotive and car insurance company. This way is effective to catch public attention, so that they plan to buy it. After buy, they always forgot to insurance their car, they forgot that anything can happen with their car. (more…)

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Ford swept the 2010 North American Car and Truck Awards at Detroit auto show

Monday, January 11th, 2010

Ford sweep awards at detroit show

http://d.yimg.com/a/p/rids/20100111/i/r4041011630.jpg?x=213&y=155&xc=1&yc=1&wc=410&hc=298&q=85&sig=5MGHY7zygsa_pbAnLCA02g--A panel of about 50 U.S. & Canadian automotive journalists named the Ford Fusion Hybrid the automobile of the year award & the Ford Transit Connect the van of the year award. And Ford Motor Co, swept the 2010 North American Automobile & Van Awards. It happen at Detroit auto show on Monday, marking only the third time in the 17-year history of the award that a single automaker has claimed both titles.

The Fusion beat out the Buick LaCrosse & the Volkswagen Golf/GTI for the automobile title, while the Transit Connect beat out the Chevrolet Equinox & Subaru Outback for the van title. (more…)

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PI Firm Sues Competitor for Hijacking Name in Online Searches

Friday, November 20th, 2009

Habush, Habush & Rottier Sues Cannon & Dunphy for Hijacking Name in Online Searches

Habush, Habush & Rottier has sued competitor Cannon & Dunphy for paying Google and other search engines to direct people who search for Habush to the Cannon website, the Milwaukee Journal Sentinel reports. The suit claims Cannon violated Habush’s privacy rights under Wisconsin state law.

Wisconsin’s largest personal injury law firm has taken a different legal tack in an effort to get a competitor to stop hijacking its name in Google searches.

Past suits over purloined search terms have named Google as the defendant, and usually claim violation of trademark rather than privacy laws, according to the story. (more…)

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