Posted on June 29th, 2011 by Julian Kirby
View All of Today’s News Headlines A state judge has approved a $10.5 million class action settlement in a wage-and-hour lawsuit involving Aon Corp. units in California that were accused of misclassifying more than 500 employees. The litigation was filed in 2007 by Aon employee Francisco Hoyng, who was replaced as the lead plaintiff about [...]
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Posted on June 28th, 2011 by Julian Kirby
The Dow Jones industrial average rose 19 points, or 0.2 percent, to 12,208 in morning trading. The Standard & Poor’s 500 index rose 4, or 0.3 percent, to 1,301. The Nasdaq composite rose 1 point to 2,730. Greek lawmakers passed an austerity bill that qualified the country for a financial backstop it needs to avoid [...]
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Posted on June 28th, 2011 by Julian Kirby
June 29, 2011 – The job is a new position, a bank spokeswoman said. Urwin is one of only a handful of Bear Stearns executives who stayed on after JPMorgan bought Bear in the financial crisis in March 2008.
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Posted on June 27th, 2011 by Julian Kirby
Embattled telecommunications group Telkom said on Wednesday that it had appointed former Absa group financial director Jacques Schindehutte as its new chief financial officer and director with effect from August 1. Schindehutte was inolved with the Barclays acquisition of Absa and is a chartered accountant, and also holds a BComm (Hons) and higher diploma in [...]
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Posted on June 26th, 2011 by Julian Kirby
View All of Today’s News Headlines Shares of United Continental Holdings Inc. and other airlines fell on Friday after the parent of United Air Lines and Continental Airlines forecast second-quarter revenue below Wall Street expectations. UAL shares fell nearly 9 percent, endind the day at $22.99, down $2.15. Delta Air Lines lost 5 percent and [...]
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