Monthly Archives: October 2011

Storm disrupts New England Amtrak service (AP)

Written on October 31, 2011 by Editor

BOSTON – Amtrak service in New England remains disrupted after the weekend snowstorm that downed trees and power lines across the Northeast. The federal rail passenger agency said Monday morning that the line between Springfield, Mass., and New Haven, Conn., … Continue reading →

Filed under Travel | Tagged , |

Cardinals manager La Russa announces retirement (AP)

Written on October 31, 2011 by Editor - Sports News

ST. LOUIS – Tony La Russa retired as manager of the St. Louis Cardinals on Monday, three days after winning a dramatic, seven-game World Series against the Texas Rangers. “I think this just feels like it’s time to end it,” … Continue reading →

Filed under Sports | Tagged , , |

Macy’s to open at midnight Thanksgiving Day

Written on October 31, 2011 by Editor - Finance Top Stories

SymbolPriceChangeGPS19.05-0.28M30.78-0.68SHLD78.26-0.43TGT55.240.00WMT57.22+0.07

Filed under Financial | Tagged , , , , , |

Energy firm that got fed funds declares bankruptcy

Written on October 31, 2011 by Editor - Finance Top Stories

DOVER, Del. (AP) — A Massachusetts energy company that received a $24 million federal stimulus grant and a $43 million federal loan guarantee has filed for bankruptcy protection. Beacon Power of Tyngsboro, Mass., filed for Chapter 11 protection on Sunday … Continue reading →

Filed under Financial | Tagged , , , , , |

Oil drops on jitters about European economy

Written on October 31, 2011 by Editor - Finance Top Stories

NEW YORK (AP) — Oil prices dropped Monday on renewed jitters about the European economy. Benchmark West Texas Intermediate crude slipped 70 cents to $92.62 per barrel in New York while Brent crude gave up 77 cents to $109.14 in … Continue reading →

Filed under Financial | Tagged , , , , , |

Mercury Reports Dip in Operating Income in 3Q, Increases Quarterly Dividend

Written on October 31, 2011 by Editor

Mercury General Corp. (NYSE: MCY) on Monday reported a dip in operating income for the third quarter, and announced a dividend increase. Operating income was $39.7 million, or 72 cents per diluted share, for the third quarter of 2011 compared … Continue reading →

Filed under Financial | Tagged , |

Why Real Estate Professionals Need E&O Coverage

Written on October 31, 2011 by Editor

As real estate professionals know well, most signs point to slow progress in real estate industry growth. Professionals are left to manage their costs, make cuts where possible, keep up-to-date on industry trends, fight for the best terms for clients … Continue reading →

Filed under Financial | Tagged , |

Insurer Humana’s 3Q profit climbs 13 percent

Written on October 31, 2011 by Editor - Finance Top Stories

This Aug. 8, 2011 photo, shows the entrance to the Humana building, in Louisville, Ky. Humana Inc.’s third-quarter net income jumped 13 percent on Medicare Advantage enrollment growth, and the health insurer also raised its 2011 earnings forecast Monday, Oct. … Continue reading →

Filed under Financial | Tagged , , , , , |

Q3 Earnings Report: Selective Posts Net Loss

Written on October 31, 2011 by Editor

Selective Insurance Group, based in Branchville, New Jersey, reported net loss of $20.1 million for the third quarter. The insurer had posted net profit of $17.2 million during the same period one year ago. The insurer blamed big catastrophe losses … Continue reading →

Filed under Financial | Tagged , |

Argo Insurance, Arrowhead Partner on Landscape and Arborist Program

Written on October 31, 2011 by Editor

Argo Insurance, a member of Argo Group International Holdings, Ltd will offer a landscape and arborist program through its Commercial Programs unit in partnership with First Capital – Arrowhead Wholesale Insurance Services (FC-AWIS). The program, tailored to the needs of … Continue reading →

Filed under Financial | Tagged , |