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Mortgage loan delinquency rate rises to 7.66 percent

Fri, 20 Nov 2009 16:51:00 GMT

Nov. 20--One of every nine homeowners in Wisconsin was behind on mortgage payments or in foreclosure at the end of September -- a record level that industry observers said Thursday is likely to rise.
The state continues to fare better than the nation, however, as delinquencies or foreclosures now account for one of every seven loans across the country, the Mortgage Bankers Association said in its quarterly report.
The report found more than 11 percent of Wisconsin loans and more than 14 percent of national loans were either in foreclosure or delinquent at the end of the quarter, with both rates up sharply from the same time last year.

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San Jose Mercury News, Calif., Chris O'Brien column: Beware the hype around mergers

Wed, 11 Nov 2009 13:48:00 GMT

Nov. 11--You can't accuse the executives who run big corporations of being the most creative people on the planet, especially when the companies hit a rough patch or their growth stalls.
Inevitably, they turn to one of two strategies: They fire a lot of people, or they buy another company.
EA said this week it was whacking 1,500 employees and acquiring social-gaming startup Playfish in a $275 million deal.

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San Jose Mercury News, Calif., Chris O'Brien column: Beware the hype around mergers

Wed, 11 Nov 2009 00:47:00 GMT

Nov. 10--You can't accuse the executives who run big corporations of being the most creative people on the planet, especially when the companies hit a rough patch or their growth stalls.
Inevitably, they turn to one of two strategies: They fire a lot of people, or they buy another company.
EA said this week it was whacking 1,500 employees and acquiring social-gaming startup Playfish in a $275 million deal.

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Sanford's stubborn recklessness

Sun, 08 Nov 2009 23:47:00 GMT

Nov. 8--We were staring into an economic abyss.
Wall Street was teetering; trillions of dollars of 401(k) value vanished.
Using a variety of tools, including the $700 billion TARP implemented under the Bush administration and the $787 billion stimulus plan under the Obama administration, the government stopped the bleeding.

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Is the recession over? And what's the outlook for 2010?

Sun, 08 Nov 2009 21:49:00 GMT

Nov. 8--After a rocky year, the economy finally seems to be on the rebound.
Robert Cuomo, dean of Merrimack College's Girard School of Business and International Commerce, will attempt to answer those questions in the latest installment of the "Weathering the Storm Part 2: 'Has the Rain Stopped?'"
Following Cuomo's talk, those in attendance will hear from Michael Barretti, director of executive education for Suffolk University's Sawyer Business School.

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At UM, new business school dean lays out ambitious agenda: Two years into her post as dean of the University of Miami's business school, Barbara Kahn is out to make her vision for the school a reality.

Thu, 05 Nov 2009 05:46:00 GMT

Nov. 5--Earlier this year, Barbara Kahn, dean of the University of Miami's school of Business Administration, found herself in the midst of some of the largest names in business -- heavyweights like Jack Welch, former CEO of General Electric; Jim Skinner, CEO of McDonald's, and Muhtar Kent president of Coca-Cola.
It was a gathering nearly a year in the making, as Kahn spearheaded UM's effort to host its inaugural Global Business Forum in January.
As more than 700 business executives and professionals gathered at the tree-canopied Coral Gables campus, Kahn couldn't help but feel energized by the interchange of ideas.

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TSX Venture Exchange Daily Bulletins

Tue, 03 Nov 2009 22:50:00 GMT

VANCOUVER, Nov. 3 /CNW/ -
Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements.
Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

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Sabbagh Becomes Arab Bank's Executive General Manager From January 17, 2010

Mon, 02 Nov 2009 14:50:00 GMT

Nov. 2--AMMAN -- The board of Arab Bank on Tuesday agreed to appoint Nemeh Sabbagh as its executive general manager, starting January 17, 2010, after it had approved the creation of the post, upon a recommendation from the bank's Chairman and CEO Abdul Hamid Shoman.
So far, Shoman has been serving as the bank's chairman and CEO, but the creation of the post, as a separate job, will enable Shoman to become full-time board chairman.
Accordingly, Sabbagh will be entrusted with steering the everyday operations of Arab Bank, under the supervision and in full coordination with the bank's chairman.

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Mercury News Interview: Barry Cinnamon, CEO of Akeena Solar, Inc.

Sun, 01 Nov 2009 15:47:00 GMT

Nov. 1--Barry Cinnamon is the founder and CEO of Los Gatos-based Akeena Solar, which designs and installs solar systems.
The company's simple philosophy is stated on its Web site: Akeena believes "producing clean electricity directly from the sun is the right thing to do for our environment and economy."
Residential sales of rooftop solar systems make up about 90 percent of Akeena's business.

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Mercury News Interview: Barry Cinnamon, CEO of Akeena Solar, Inc.

Sun, 01 Nov 2009 00:48:00 GMT

Oct. 31--Barry Cinnamon is the founder and CEO of Los Gatos-based Akeena Solar, which designs and installs solar systems.
The company's simple philosophy is stated on its Web site: Akeena believes "producing clean electricity directly from the sun is the right thing to do for our environment and economy."
Residential sales of rooftop solar systems make up about 90 percent of Akeena's business.

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CIBT Reports Nine Month Operating Results

Tue, 14 Jul 2009 20:34:00 GMT

VANCOUVER, July 14 /CNW/ - CIBT Education Group Inc. (the "Company") (NYSE Amex & TSXV symbol: MBA) is pleased to report its fiscal 2009 third quarter operating results as of May 31, 2009.[More...]

CIBT Ranked in Top 100 Public Companies in BC & Among Canada's Fastest Growing Companies

Tue, 23 Jun 2009 18:07:00 GMT

VANCOUVER, June 23 /CNW/ - CIBT Education Group Inc. (NYSE Amex and TSX.V symbol: MBA) is pleased to report that it has been ranked by Business in Vancouver newspaper as one of the top 100 public companies in British Columbia. In addition, CIBT was also ranked as one of Canada's fastest growing companies by Profit Magazine.[More...]

CIBT Expands to South Korea

Fri, 19 Jun 2009 16:58:00 GMT

VANCOUVER, June 19 /CNW/ - CIBT Education Group Inc. (NYSE Amex and TSX.V symbol: MBA) is pleased to report that it has signed an agreement with National Cambridge College ("NCC") to install a CIBT Education Center in Seoul, South Korea.[More...]

CIBT/Sprott-Shaw Subsidiary Commences Operations in Jamaica

Mon, 25 May 2009 23:28:00 GMT

VANCOUVER, May 25 /CNW/ - CIBT Education Group Inc. (NYSE Amex and TSX.V symbol: MBA) is pleased to report that its subsidiary, Sprott-Shaw Community College, has started offering its first batch of health care related programs in Jamaica to its first class of 50 students, with another 24 students slated for its second class, which is scheduled to start soon. In conjunction with Brown's Town College in Jamaica, Sprott-Shaw will provide all necessary curriculum and support to offer the Resident Care Attendant program to students of Brown's Town in Jamaica. Students will begin the academic portion of their studies in Jamaica, and complete the practicum portion at Sprott-Shaw colleges in Vancouver, Canada. Sprott-Shaw has received an overwhelming ...[More...]