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News tagged with “parent companies”. Found:
13 tagged news reports.

 

Your Search Returned 13 tagged news reports

 

Why a company in Bermuda can raise your rates

Saint George :: FL :: USA | 6 days ago

Credibility Credibility of 5

But when a Security First customer writes a check for property insurance, a big chunk of the money ends up in places like Bermuda and London instead of the offices on South Atlantic Avenue. For insurance executives such as Security First President Locke...

Tags: State Farm Florida, Security First Insurance Co., catastrophes fund, Bermuda, hurricanes catastrophes, florida hurricanes, hurricanes hit, insurers companies, parent companies, property insurers, Saint George, Property insurance, Business Finance, Reinsurance, Catastrophe bond, Lloyd's of London, Disaster Accident, Insurance, Types of insurance, Reinsurance sidecar

California National Bank expected to be seized tonight

Los Angeles :: CA :: USA | about 1 month ago

Credibility Credibility of 5

Tracking the market and economic trends that shape your finances. October 30, 2009 |  5:05 pm Bank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the...

Tags: San Diego National Bank, U.S. Bank, California National Bank, Pacific National Bank, federal regulators, regulators seize, Illinois, parent companies, holding companies, US Bank

Japan chip makers agree on merger, cash infusion

Tōkyō :: Japan | 2 months ago

Credibility Credibility of 5

Renesas Technology Corp. and NEC Electronics Corp. said Wednesday they will complete a merger by April after their Japanese parent companies agreed to inject 200 billion yen ($2.2 billion) into what would become the world's No...Existing Renesas Technology...

Tags: NEC Electronics Corp., Renesas Technology Corp., Renesas Electronics Corp., Mitsubishi Electric Corp., billion yen, NEC Corp., chip makers, parent companies, Hitachi Ltd., Japan, Tōkyō

Russell Investments moving headquarters to Seattle

Seattle :: WA :: USA | 2 months ago

Credibility Credibility of 5

The global financial firm, founded in Tacoma in 1936 and based there ever since, will move its headquarters to downtown Seattle's Chase Center, known until recently as the WaMu Center. Insurance giant Northwestern Mutual, Chase's parent company, is buying...

Tags: Tacoma powerhouse Russell Investments, Seattle City Council, Downtown Seattle Association, Russell Investmenrs, Northwestern Mutual, Chase Center, parent companies, wamu center, giant northwestern, insurance giant

Lehman claims could reach $100 billion: PwC (Reuters)

London :: CA :: USA | 3 months ago

Credibility Credibility of 5

Administrators of the London arm of Lehman Brothers said the claims it is handling against the collapsed Wall Street bank could total as much as $100 billion. PriceWaterhouseCoopers, which is working with over 100 companies, mostly in the UK but also...

Tags: Lehman Brothers Holdings Inc., Lehman UK, parent companies, Europe

TJX reaches settlement on data breach

Framingham :: MA :: USA | 5 months ago

Credibility Credibility of 5

Retail giant TJX Cos. will pay $9.75 million to 41 states -- including California -- to settle an investigation of a massive data breach that jeopardized millions of payment card numbers. TJX, the parent company of T.J. Maxx and Marshalls chains, will...

Tags: TJX Cos., TJX Companies, attorney general, data breaches, T.J. Maxx, data security, parent companies, massive data, millions settlement, Marshalls

Clear Channel Outdoor, CC Media Post Losses

Springdale :: AR :: USA | 6 months ago

Credibility Credibility of 5

Clear Channel Outdoor Holdings Inc. swung to a first-quarter loss on a drop in revenue and a year-earlier gain as parent company CC Media Holdings Inc. also swung to a loss on year-ago income from discontinued operations. Advertising woes that were first...

Tags: CC Media Holdings Inc., parent companies, radio stations, quarter losses, San Antonio

Man Utd parent makes annual loss

London :: United Kingdom | 8 months ago

Credibility Credibility of 5

It covers the 2007/08 season, when United won the Premier League and Champions League, and takes Red Football Joint Venture debt to £649.4m, That is despite an operating profit of £80.4m for the 12-month period. Red Football Joint Venture was set up when...

Tags: IF Manchester United, Manchester United Owner Scores, Glazer Family, Malcolm Glazer, Red Football Joint Venture, operating profits, champions league, parent companies, overall debts, tax loss

CNET: Toyota mulls new hybrid

Tōkyō :: Japan | 8 months ago

Credibility Credibility of 5

Toyota Motor Corp. plans to develop a low-price hybrid car to challenge Honda Motor Co.'s Insight, the Nikkei business daily reported Friday. The gasoline-electric car will sell at below ?2 million ($20,619) as early as 2011 in Japan, the Nikkei said.

Tags: Hitachi Ltd., Renesas Technology Corp., Mitsubishi Electric Corp., fresh capital, Japan, Goldman Sachs, parent companies, theme park, billion yen

Private equity firm to buy Union-Tribune

San Diego :: CA :: USA | 8 months ago

Credibility Credibility of 5

The parent company of The San Diego Union-Tribune announced yesterday that it plans to sell the paper to a Beverly Hills private equity firm that specializes in turning around troubled ventures. The buyer, Platinum Equity, is a 14-year-old firm headed...

Tags: The San Diego Union-Tribune, equity firm, private equity, Platinum Equity, Beverly Hills, California, Copley Press Inc., Bernard Madoff, parent companies, undisclosed price

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