Author Archives: Editor - Finance Top Stories

Video Game Teaches Kids About Money, Asset Protection and Life

If your kids are chattering non-stop about things like emeralds, pickaxes and creepers, you may have a unique opportunity to turn a video game addiction into a life lesson about money. Minecraft, a video game phenomenon with over 100 million … Continue reading

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AXA CFO Says Euro’s Decline Against Dollar to Help Earnings

AXA SA’s Chief Financial Officer Gerald Harlin said the euro’s decline against the dollar should help earnings in coming quarters as France’s largest insurer posted nine-month sales that were little changed. Sales during first nine months of the year were 69.6 billion … Continue reading

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Weak El Nino May Form in Warmer-Than-Normal Pacific

A weak El Nino will probably develop by the year-end, according to MDA Weather Services. While sea-surface temperatures are warmer than normal across most areas in the tropical Pacific ocean, it still doesn’t qualify as an El Nino, Kyle Tapley, … Continue reading

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Hacala Appointed Financial Institutions Practice Leader, Willis Canada

Willis North America, a unit of Willis Group Holdings, has appointed of Roger Hacala as senior vice president and financial institutions practice leader, Willis Canada. In this new role, Hacala will oversee the financial institutions practice within Willis’s Canada region, … Continue reading

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Mortgage Rates Actually Moved Higher Today

Mortgage rates did as expected and departed their recently more stable range today.  Unfortunately, we got the less enjoyable of the two potential departures with rates moving higher at a moderate pace.  At the same time, the world’s most widely-followed … Continue reading

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Gold edges higher but set for weekly loss on dollar and U.S. data

By A. Ananthalakshmi SINGAPORE (Reuters) – Gold inched up on Friday as European shares fell but was set to snap a two-week winning streak on a firm dollar and robust economic data that dented demand for the metal as an … Continue reading

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Pfizer’s $11 billion buyback plan deflates AstraZeneca bid hopes

LONDON/NEW YORK (Reuters) – U.S. drugmaker Pfizer is to continue buying back stock, with the board authorising a new $11 billion (6.8 billion pounds) share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in … Continue reading

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Apple CEO says had ‘very open’ privacy talks in China: Xinhua

BEIJING (Reuters) – Apple Inc Chief Executive Tim Cook was quoted on Friday as saying he had “very open” talks on privacy and security with a senior Chinese official, days after a web monitoring group linked the government to a … Continue reading

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Global stocks rattled by Ebola case in New York

SEOUL, South Korea (AP) — Global stock markets retreated Friday as the first case of Ebola in New York overshadowed positive economic news. KEEPING SCORE: Britain’s FTSE 100 fell 0.2 percent to 6,404.55 and Germany’s DAX dropped 0.2 percent to … Continue reading

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Minnesota Seeing More, Costlier Farm Equipment Accidents

Increasingly large farm machinery is causing more costly and potentially dangerous collisions with power lines and poles, rural Minnesota electric co-ops say. More than 2,000 customers of Federated Rural Electric, based in the southwest part of the state, lost power … Continue reading

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