Category archives for: Finance

The 5 Largest Life Insurance Payouts in History

Offshore earthquake in Japan caused one of the biggest insurance payout event in history.

For many, life insurance policies offer peace of mind in knowing that their families and loved ones will be taken care of in the event of their untimely passing. The motivation behind purchasing life insurance is to guard the owner of the policy’s from any financial obligations in the event that something happens to them. The […]

Credit Line Secured By Twitter Prior To Its IPO

Credit Line Secured By Twitter Prior To Its IPO

A $1 billion line of credit was acquired by Twitter recently from a number of banks underwriting the initial public offering of the company. This was revealed through an amendment of its regulatory filing. The company will have the ability to utilize around $1 billion to meet unexpected expenses. Although interest is paid by the […]

Nasdaq Composite Reaches 4,000 Level

Nasdaq Composite Reaches 4,000 Level

The Nasdaq composite reached the 4,000 level for the first time in thirteen years last during intraday trading on Monday. However, the index closed at 3,995 for the day. On the other hand, the Dow Jones Industrial Average established a new closing high even as the Standard & Poor’s 500 closed slightly lower. The Nasdaq […]

Settlement Reached Between JPMorgan And The Justice Department

Settlement Reached Between JPMorgan And The Justice Department

An agreement on the $13 billion settlement is nearly finalized between the Department of Justice and JPMorgan Chase. The settlement is in connection to the mortgage securities issue, and may be announced soon. Last week, the largest bank in the US agreed to take responsibility for the issues linked to the mortgage securities promoted by […]

Shares Of Twitter Locked Up Following Release Of Its IPO

Shares Of Twitter Locked Up Following Release Of Its IPO

A lockup was implemented on the shares of Twitter following its initial public offering recently. Ordinary employees of the company will be allowed to start selling around 9.9 million shares on February 15, 2014 in order to deal with income tax expenses for their shares of the company. However, this represents only one percent of […]

Value Of IPO Of Twitter Raised By 25 Percent

Value Of IPO Of Twitter Raised By 25 Percent

The initial public offering or IPO of Twitter was increased by 25 percent, which will allow the microblogging website to raise around $1.75 billion. Seventy million shares, priced between $23 and $25, are being offered in the IPO of Twitter based on a recent regulatory filing. An earlier proposal of the company was between $17 […]

PPI Handlings Criticised By FCA

PPI Handlings Criticised By FCA

After checks were carried out on the handling of PPI complaints, it now appears that there have been countless problems and mistakes during the process of these complaints. It was found that two thirds of all of the companies checked there has been significant issues whilst dealing with payment protection insurance complaints, the scandal that […]

Important Return Target Deferred By UBS

Important Return Target Deferred By UBS

A key earnings target of UBS was deferred by the Swiss bank by one year due to demands to keep additional capital. This undermined results for the third quarter, which surpassed expectations. The bank revealed earlier that it was reducing its staff by 10,000, reduce spending and set a 2015 deadline for withdrawing from its […]

Making The Most Out Of Job Hunting On LinkedIn Today

Making the Most out of Job Hunting on LinkedIn Today

Searching for a job is not the easiest task and is so important by nature that it can be very nerve racking. Social media can make your job search easier. Conversely, it can also hurt your chances of being hired if you are posting things on any of your social media profiles that might make […]

No Pre-Requisite Knowledge Needed To Learn QuickBooks Today

No Pre-Requisite Knowledge Needed To Learn QuickBooks Today

If you think that pre-requisite knowledge is needed to learn QuickBooks, your notion is surely wrong. In fact, you need not hesitate to take a training nowadays even if you do not know anything about book-keeping or accountancy. There are a number of training courses avalable online which help you through the process quite easily. […]

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