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Saturday, 31-Aug-2013 19:13 Email | Share | | Bookmark
Supreme Court's Campaign Finance Case Gets New Firepower








Think Finance Hires Craig A. Nies as Chief Analytics Officer





EDT August 30, 2013 Nation's leading opponent of campaign finance restrictions also fought McCain-Feingold a decade ago and won Citizens United case for unlimited corporate spending Sen. Mitch McConnell has been a leading opponent of campaign finance laws. (Photo: Stephen Lance Dennee, AP) Story Highlights Senate Republican leader Mitch McConnell gets time to argue Case is successor to Citizens United, McCain-Feingold SHARECONNECT 32 TWEET COMMENTEMAILMORE WASHINGTON -- The Supreme Court has granted Senate Republican leader Mitch McConnell oral argument time in a major campaign finance case being heard in early October, giving opponents of current contribution limits new firepower. McConnell is the nation's leading opponent of campaign finance restrictions, who lost his effort to defeat the McCain-Feingold law's limits on corporate and union donations a decade ago but won the Citizens United case in 2010 that freed corporations to spend unlimited amounts independently on elections. By allowing McConnell to take some of the precious 30 minutes his side will have to make its case, the court on Friday further assured that the case will take on the aura of those two previous cases -- pitting Republican-aligned backers of unlimited spending against Democratic-aligned groups that want to reduce the influence of money in elections.









sister plant in the deal, a source with knowledge of the matter said. * Swedish refiner Nynas will win unconditional EU antitrust approval for its proposed acquisition of most units of Royal Dutch Shell's Harburg refinery, a person familiar with the matter said on Thursday. * AT&T Inc will examine Vodafone Group Plc's remaining assets after Verizon Communications buys out the British mobile carrier's stake in Verizon Wireless, Bloomberg reported, citing people familiar with the matter. * L'Oreal will be ready to buy Nestle's 29.5 percent stake in the French cosmetics giant next year, French daily Les Echos reported, citing L'Oreal Chief Executive Jean-Paul Agon.





Market Chatter-Corporate finance press digest





Nies as Chief Analytics Officer. In this role, Mr. Nies will be responsible for all predictive analytics, including the development of new models for marketing, risk and fraud across the companys suite of solutions.He will also lead research and development of advanced modeling techniques that leverage new Big Data sources and technologies. Craig brings an impressive background in designing and deploying new models for predictive analytics. His expertise will be a great complement to our already strong team and will help us continue to innovate and refine our products to better serve our customers, said Ken Rees, Chief Executive Officer, Think Finance.



Saturday, 31-Aug-2013 12:54 Email | Share | | Bookmark
Supreme Court's Campaign Finance Case Gets New Firepower








Finance Minister directs commercial banks to increase interest for depositors





The group is focused on educating members, legislators, regulators, and others about structured finance, securitization and related capital markets; building the broadest possible consensus on policy, legal, regulatory and other matters affecting or potentially affecting these markets; and advocating on behalf of the structured finance and securitization industry. About Structured Finance Industry Group, Inc.Structured Finance Industry Group, Inc. ("SFIG") is a member-based, trade industry advocacy group focused on improving and strengthening the broader structured finance and securitization market. SFIG provides an inclusive network for securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the securitization community, share best practices and innovative ideas, and educate industry members through conferences and other programs. Members of SFIG represent all sectors of the securitization market including issuers, investors, financial intermediaries, law firms, accounting firms, technology firms, rating agencies, servicers, and trustees.





Think Finance Hires Craig A. Nies as Chief Analytics Officer





Join the Nation's Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Supreme Court's campaign finance case gets new firepower Richard Wolf, USA TODAY 12:07 p.m. EDT August 30, 2013 Nation's leading opponent of campaign finance restrictions also fought McCain-Feingold a decade ago and won Citizens United case for unlimited corporate spending Sen. Mitch McConnell has been a leading opponent of campaign finance laws. (Photo: Stephen Lance Dennee, AP) Story Highlights Senate Republican leader Mitch McConnell gets time to argue Case is successor to Citizens United, McCain-Feingold SHARECONNECT 31 TWEET COMMENTEMAILMORE WASHINGTON -- The Supreme Court has granted Senate Republican leader Mitch McConnell oral argument time in a major campaign finance case being heard in early October, giving opponents of current contribution limits new firepower. McConnell is the nation's leading opponent of campaign finance restrictions, who lost his effort to defeat the McCain-Feingold law's limits on corporate and union donations a decade ago but won the Citizens United case in 2010 that freed corporations to spend unlimited amounts independently on elections.
















Nies as Chief Analytics Officer Big Data Expert to Continue Refining Think Finances Sophisticated Analytics & Underwriting Models FORT WORTH, Texas--( BUSINESS WIRE )-- Think Finance , a leading developer of online financial products that bridge the gap between payday loans and credit cards, today announced it has named Craig A. Nies as Chief Analytics Officer. In this role, Mr. Nies will be responsible for all predictive analytics, including the development of new models for marketing, risk and fraud across the companys suite of solutions.He will also lead research and development of advanced modeling techniques that leverage new Big Data sources and technologies. Craig brings an impressive background in designing and deploying new models for predictive analytics.









He commended the banks initiative of branch expansion where it had so far invested over K21million from January this year. Investrust Bank Managing Director Friday Ndhlovu said the banks short term strategy was to be in all provincial centres to improve on the saving culture of the majority Zambians. He said the bank invested about K3.5 million for the opening of the branch. He said the bank would continue to be more innovative and work in line with international banking standards thus contributing positively to national development.



Thursday, 29-Aug-2013 12:57 Email | Share | | Bookmark
India finance minister asks banks to ensure credit flow to indus








Northstar Realty Finance (NRF) Passes Through 9% Yield Mark





Credit: Reuters/Adnan Abidi NEW DELHI | Thu Aug 29, 2013 8:46am EDT NEW DELHI (Reuters) - Indian Finance Minister P. Chidambaram on Thursday asked state-run banks to ensure flow of credit to every sector of industry, indicating the need for funding projects amid an economic slowdown. The banks have been asked to assist industrial borrowers who were facing difficulties and be sympathetic towards genuine defaulters, Chidambaram told a parliamentary panel attached to the finance ministry. Economic growth virtually halved in two years to 5 percent in the fiscal year that ended in March -- the lowest level in a decade -- and most economists surveyed by Reuters in the past week expect 2013/14 to be worse. (Reporting by Manoj Kumar; Editing by Sunil Nair) Tweet this












Finance Ministry sends letters to indirect tax defaulters





The letters are being sent to an entity or an individual to seek clarification on a financial transaction, red flagged by economic intelligence agencies as black money or seen as an attempt to dodge authorities from paying taxes, carried out by them, they said. The numbers of letters issued to the entities were not immediately known. It is for the first time that such letters have been issued to indirect tax defaulters, a senior Finance Ministry official said, adding that the Income Tax Department has been issuing such letters to direct tax dodgers. The Finance Ministry has decided to go after about 12 lakh service tax assesses who had stopped filing returns.









Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 9% would appear considerably attractive if that yield is sustainable. Northstar Realty Finance Corp ( NYSE: NRF ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.



Thursday, 29-Aug-2013 06:52 Email | Share | | Bookmark
Silvia ordered to pay $20,000 for campaign finance violations








The Best Personal Finance Blogs That You Should Be Reading





Im glad its been resolved, Silvia said, Its been painful, but in the eight months Ive been in office, I never allowed it to interfere with the work Ive done for my constituents and my work at the Statehouse. Silvia said he has already paid half of the civil fine, which is ahead of the payment schedule set up by the OCPF. He has until March 1, 2015, to pay the full amount of the fine, and if he complies with the agreement, which includes filing additional campaign finance reports with OCPF, an agreed suspended forfeiture of $10,000 would be waived. Among the specific violations, Silvia spent $25,800 directly from a bank account listed under the name of Colette Matarese, who the representative described as a longtime friend and companion. The account did not include any of Silvias personal funds even though he was added as a signatory in March 2012.





Think Finance Hires Craig A. Nies as Chief Analytics Officer





Galvan is the first Latino city councilman in Compton. (Bob Chamberlin / Los Angeles Times / July 2, 2013) Also By Angel Jennings and Abby Sewell August 27, 2013, 7:28 p.m. Compton City Councilman Isaac Galvan belatedly filed mandatory campaign finance forms after state officials threatened to open a formal investigation when he missed several deadlines. The financial statements, which were submitted Thursday, show that Galvan spent $29,000 on his race to become Compton's first Latino elected official. Galvan also reported that he raised only half as much as he spent. Most of his donations came from people outside of Compton in neighboring southeast communities. According to the documents, Galvan has outstanding debts totaling $15,500, most of which was attributed to printing campaign fliers. The 26-year-old reported that he owes Angel Gonzalez, his former campaign manager, almost $12,000. Galvan hired Gonzalez as his community liaison when he won the election. Gonzalez was subsequently fired by Compton's city manager after The Times published a story that revealed Gonzalez's criminal history. In 2002, Gonzalez was convicted of a felony conspiracy charge reduced to a misdemeanor at his sentencing for sending out attack mailers with copies of fake official documents.





Market Chatter-Corporate finance press digest





In addition to covering money management topics, we also cover productivity and lifestyle topics, including home organization, time management, career development, health and fitness, parenting and family, green ideas, frugal living, DIY, and more. We just released our brand new financial literacy toolkit, which was designed to make the financial transition into the real world a lot easier for students and recent grads. We partnered with Citibank to bring you advice on how to get a job, how to save during college, and how to manage your money post-graduation. Theyre all lessons that are essential in practicing responsible money management, and yet theyre all topics you probably didnt cover in school. Download the free toolkit from our back-to-school section.









* A PricewaterhouseCoopers (PwC) pension fund is in talks to buy a stake in a German skyscraper, in what could be one of Europe's biggest property deals this year, a source close to the negotiations told Reuters. * Citadel LLC, Virtu Financial, Two Sigma and RGM Advisors are among the companies bidding for E*Trade Financial Corp's market-making unit in a deal expected to be worth $100 million to $200 million, several sources with direct knowledge of the situation said on Wednesday. * Institutional fixed-income trading platform providers Tradeweb and MarketAxess are among three bidders for BondDesk Group LLC in a deal that is expected to be valued up to $200 million, two sources familiar with the situation told Reuters this week. * Verizon Communications Inc and Vodafone Group Plc have restarted talks over a possible buyout of the British firm's stake in their U.S. wireless joint venture, the Wall Street Journal said, a deal that is expected to cost Verizon more than $100 billion.





MotoNovo Finance Adapting to Digital Point of Sale Trend





These would-be customers are looking for a high quality online experience which gives them the information that they need to make the purchase. MotoNovo Finance offers online tools that help dealership provide this rich website experience to their customers so that they can improve their customer care. Creating Quality Online Shopping In order to provide this online experience that so many buyers are looking for, MotoNovo Finance has developed a suite of tools which will help dealers to create a better online presence. This will allow the dealer to respond to the need for a richer digital presence, so that they can provide their customers with high quality and transparent information. These tools include Quote & Propose and carloanadviser.com .





Compton's first Latino lawmaker finally submits finance forms



Document:</b> Isaac Galvan campaign filings' style='float:left;padding:5px' />

Nies. The company is a true leader in the space and I look forward to contributing to its mission of responsibly serving consumers who currently lack access to traditional credit products. Mr. Nies graduated with a Bachelor of Science in Computer Science from the University of California San Diego. About Think Finance Think Finance develops online financial products that bridge the gap between payday loans and credit cards.



Thursday, 29-Aug-2013 00:45 Email | Share | | Bookmark
The Windows 8 Finance App Gets New Improvements












Even though no details on this new build has been provided at the time of writing this article, this particular version most likely comes to address some of the bugs found by Microsoft engineers in older releases. As a result, expect the Finance app to load faster on both Windows 8 and Windows RT , while also offering a much more stable overall experience on either platform. Designed for Windows, the Finance app puts control at your fingertips. Swipe through colorful charts for a quick read on the day's events.












Think Finance Hires Craig A. Nies as Chief Analytics Officer





Think Finance has been at the forefront of leveraging Big Data to provide better options for the financially underserved consumer, said Mr. Nies. The company is a true leader in the space and I look forward to contributing to its mission of responsibly serving consumers who currently lack access to traditional credit products. Mr. Nies graduated with a Bachelor of Science in Computer Science from the University of California San Diego. About Think Finance Think Finance develops online financial products that bridge the gap between payday loans and credit cards.



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