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Finance news on the web:



FairPoint Communications finance chief resigns (AP via Yahoo! Finance)
The finance chief of FairPoint Communications Inc. is resigning to join Financial Markets International, a law and economics consulting firm, the telecom said Thursday.


Gallatin finance director resigns after sending nude photos on city computer (The Tennessean)
An investigation by Sumner County Sheriff's department uncovered explicit pictures and messages sent from former Gallatin Finance Director Matt Stewart's city-issued computer. Stewart resigned July 14 after being confronted by City Attorney Joe Thompson and Police Chief John Tisdale with the evidence, said Gallatin Mayor Jo Ann Graves. Evidence included explicit instant messages and nude photos ...


Financial, food crisis could open doors to IFC trade finance program - Chile (Business News Americas)
The ongoing global financial crisis and the severe food crisis are opening the doors for IFC's Global Trade Finance Program (GTFP) in Chile, a country where banks have had no need of the multilateral institution's support, Antonio Alves, IFC head of trade finance for Latin America and the Caribbean, told BNamericas.


Parliamentary panel on finance to ponder over forex management (Express India)
The parliamentary standing committee on finance, during its day-long Mumbai visit on July 28, will hold deliberations with the RBI on the crucial issue of management of foreign exchange reserves, which at present amount to $308.520 billion.


Warning over celebrity finance endorsements (NZCity)
25 July 2008 There is a warning to Mum and Dad investors to do their homework on finance companies, and not be blinded by celebrity endorsements.


Angola: Benguela - Finance Minister Addresses Talk On Economic Progress (AllAfrica.com)
The recent evolution and perspective of Angolan economy is the theme of a talk that will be lectured on Saturday in Benguela province, by the Finance Minister, José Pedro Morais, in a promotion of the Committee of Bankers of MPLA.


Stifel Nicolaus' Public Finance Group Opens New Office in East Lansing, Michigan (Centre Daily Times)
Stifel, Nicolaus & Company, Incorporated is pleased to announce that it has expanded its resources in Public Finance with the opening of a new office in East Lansing, Michigan. The new office will be staffed by four professionals formerly associated with Wachovia Securities. This team was the number one underwriter for negotiated bonds in Michigan for the calendar year 2007 and the number one ...


Fitch: U.S. Public Finance Rating Actions In Second Quarter 2008 (Centre Daily Times)
In the second quarter of 2008, the Fitch Ratings U.S. Public Finance group upgraded 35 credits totaling $17.4 billion in par value while downgrading 25 credits totaling $10.7 billion. This resulted in an upgrade-to-downgrade ratio of 1.4:1 in terms of rating changes and a ratio of 1.6:1 on a par value basis. The ratio of the number of upgrades to the number of downgrades declined, for the ...


PSS Finance is without air conditioning (Saipan Tribune)
Some Public School System employees are feeling the heat. Since July 17, the eight staff members and three students in the PSS Finance Department have been working without an air conditioner, acting PSS Commissioner Craig Garrison said.


KPMG Corporate Finance LLC Names Leslie G. Fenton Managing Director and Head of Firm's Insurance Team (Centre Daily Times)
Leslie G. Fenton joins KPMG Corporate Finance LLC's Chicago office as managing director and head of its Insurance Investment Banking team. Ms. Fenton will be responsible for advising both domestic and international clients on investment banking transactions in the insurance and other related industries.



 
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