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BUSINESS NEWS.(TO THE POINT)
MARKETS
SEC probes two-faced analysts
Three analysts at undisclosed brokers made personal trades against their recommendations, acting Securities and Exchange Commission chief Laura Unger told Congress. They reaped profits of from $100,000 to $3.5 million. One analyst shorted a stock while keeping a buy rating on the company, she said. The SEC also found that many brokers pay their analysts largely on profit from their investment banking arms. But the financial watchdog is optimistic that new industry guidelines will help limit conflicts of interest.
FINANCE
Berkshire acquires XTRA assets
Billionaire investor Warren Buffett's Berkshire Hathaway will pay $590 million for the transportation equipment leasing firm. It'll ...
- Auto insurance problems in Chicago cited.
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Arndt, Sheril April 2, 1990 700+ words
Auto Insurance Problems In Chicago Cited Major auto insurance companies are making it difficult for inner-city...recent Illinois Senate Insurance Committee hearing on auto insurance availability. The issue is of increased concern in...
- Auto insurance companies work to keep rates fair for everyone City residents...
- Newspaper article from: The Milwaukee Journal Sentinel ERIC ENGLUND May 3, 1996 700+ words
...Dennis Jacobsen recently challenged auto insurance companies to find a solution to the higher cost of auto insurance in inner city Milwaukee neighborhoods...farm. The disparity in the cost of auto insurance is not news. At the heart of insurance...
- Auto Insurance Choice and Availablity Shortage Remain Despite State Decision On...
- Press release article from: Business Wire June 25, 2002 700+ words
...State Farm's application to withdraw from New Jersey's auto insurance market neither ends the threat to auto insurance availability nor remedies consumers' woeful lack of auto insurance choice, warns the Coalition for Auto Insurance Competition...
- Auto Insurance Web Sites the Primary Consumer Source for Quotes, Reports...
- Press release article from: Business Wire May 24, 2005 700+ words
...Comprehensive Competitive Benchmark Study of Auto Insurance Websites --Progressive, Allstate...the Web is the primary resource for auto insurance consumers with 87 percent visiting...and 58 percent willing to purchase auto insurance online. The results of two companion...
- Online Auto Insurance - The Evolution of Auto Insurance.
- Press release article from: PR Newswire September 4, 2007 700+ words
...Calif., Sept. 4 /PRNewswire/ -- Auto insurance dates back over one hundred years to...it mandatory for drivers to maintain auto insurance on all vehicles. Today, most of the...have adopted those laws and have made auto insurance a standard requirement. In the late...
- National Auto Insurance Report Shows Insurance Rates Fall 5.2% in 2007.(Report)
- Press release article from: Business Wire January 16, 2008 700+ words
...Insurance.com, the largest online auto insurance agency in the United States, reports...three years. The company's "2007 Auto Insurance Pricing Report" found that the average...percent in 2007 from 2006. "With the auto insurance marketplace becoming increasingly competitive...
- 2002: Auto Insurance Choice and Competition Dwindles, Consumers Suffer,...
- Press release article from: Business Wire December 30, 2002 700+ words
...2002 For New Jerseyans seeking auto insurance coverage, 2002 will likely...worst year in state history for auto insurance choice and competition...facing the ugly truth about auto insurance in New Jersey," said John...
- NEW AUTOMATED AUTO INSURANCE INFORMATION SERVICE PUTS CALIFORNIANS IN THE...
- Press release article from: PR Newswire February 24, 1993 700+ words
...24 /PRNewswire/ -- Sacramento auto insurance consumers can save as much as $1...automated consumer information service for auto insurance, is designed to make insurance shopping...expensive. Express Quote does not sell auto insurance or give personalized counsel on insurance...