Finance Headlines

Wayne Bank adds mobile transactions

Sept. 21--Mobile millennials are the newest focus of customer service by Wayne Bank and the banking industry in general. Some customers never set foot in a bank building and use mobile devices -- smartphones and iPads as well as laptops -- for all transactions, said Wayne Bank President Lewis Critelli. His company, under Norwood Financial Corp., has picked up the pace with the latest ...


G20 chiefs probe economic growth

Finance chiefs from G20 nations held talks yesterday (September 20), confident they can 'change the destiny of the global economy'?? despite rising world political tensions and mounting fears of financial instability. The meeting in Cairns aims to thrash out a set of policies to achieve the ambitious goal of raising the total GDP of the 20 major world economies by two per cent over the next ...


Erie-area woman takes rare route over student loans: bankruptcy

Sept. 21--Mary L. Morgan graduated from Mercyhurst College in 1993 with an associate degree in business management and $11,830 in student loan debt. Twenty-one years later, the debt has doubled as Morgan has struggled to repay it. The 52-year-old Waterford resident is on food stamps and earns $1,100 a month as a customer service representative at Blair, a mail-order company. The student loan ...


Montana-made malt: Booming barley business supplies local brews

Sept. 21--Montana is a grain-growing mecca, but with wheat prices falling, some farmers in the Helena Valley and elsewhere across the state are increasingly tapping a new grain not meant for a loaf of bread, but the bottom of a glass. For the first time this year, Montana became the top producer of malt barley for making beer in terms of acreage in the country, with nearly 630,000 acres ...


Morningstar Credit Ratings, LLC Publishes U.S. Asset-Backed Securities (ABS) Ratings Methodology

NEW YORK, Sept. 21, 2014 /PRNewswire/ -- Morningstar Credit Ratings, LLC today published its methodology for U.S. asset-backed securities (ABS) ratings, outlining the principles the company's analysts apply when rating and monitoring ABS transactions. The methodology serves as Morningstar's framework for evaluating financial, operating, and corporate asset transactions. Morningstar announced ...


Exchange Bank's upgraded Windsor branch: The future of banking?

Sept. 21--For years, the design of the local bank branch has had the retail friendliness of a Soviet-era shop with its rows of bulletproof windows and roped lines to usher transactions through in the most efficient manner. If a teller wanted to have a face-to-face conversation -- without glass in between -- he or she would have to go through security doors akin to the opening credits of "Get ...


Agricultural Bank of China celebrates listing one billion renminbi bond on NASDAQ Dubai

Dubai, 21st September 2014 (WAM) -- Min Fang, Senior Executive Officer of the Dubai branch of Agriculture Bank of China (ABC), today rang the market-opening bell to celebrate the listing of a one billion renminbi (163 million dollar) bond on NASDAQ Dubai. ABC, China's third largest bank by assets, is the first Chinese issuer to list a bond on an exchange in the MENA region. ABC went public in ...


Weekly Trade Value in Iran Mercantile Exchange Exceeds $308mln

TEHRAN (FNA)- Iran Mercantile Exchange (IME) announced that over $308mln of various commodities weighting over 414,000 tons were traded in its trading and exports halls last week (September13-18). Over 179,000 tons of mineral and industrial goods with the total amount of $122mln were traded in domestic and exports halls of the IME in the last working week. Over 166,000 tons of Steel products, ...


ATFP finances trade deals worth US$369m in H1

ABU DHABI, 21st September, 2014 (WAM) -- The Arab Trade Financing Programme (ATFP) has approved 109 requests for eligible financing trade deals to the tune of US$184 million in the second quarter of the current year, bringing to $369 million the total financing facilities it provided to its national agencies in Arab countries during the first half of the year. The AFTP said, in a statement at ...


Tomalis spent time in NYC advising private equity investors

Sept. 21--During nearly 15 months that Ron Tomalis spent as Gov. Tom Corbett's special adviser for higher education, officials at some of the state's key institutions say they never shared a moment of his time. Not so for a group of private equity investors in New York City. Swipe card records released by the state Department of Education show Mr. Tomalis entered his agency parking spot in ...


Supply of specialized equipment, computer hardware and software

Contract notice: Supply of specialized equipment, computer hardware and software for the centre for information technology technical university of lodz in the project centre for information technology p. l., co-financed by the european union from the european regional development fund under the programme infrastructure and environment. Estimated value excluding VAT: 1 470 578,03 PLN Time limit ...


Kyodo Top12 News (21:20)

---------- G-20 to take additional steps to support growth CAIRNS, Australia - Finance chiefs of the Group of 20 industrial and developing economies agreed Sunday to take additional measures to ensure meeting their commitment to a growth target amid increasing risks of a global slowdown. "We will continue to identify a series of additional measures to meet our collective growth ambition," the ...


Verizon surges on iPhone 6 release

Sept. 21--Release of iPhone 6 helps Verizon shares The release of the Apple iPhone 6 sent hordes of people to mobile phone carriers, driving shares of Verizon Communications up 4 percent last week, climbing to a Friday close of $50.35 per share. Apple expected to sell 20 million iPhone 6 units this weekend, many through cellphone providers stores and kiosks. Demand has been so strong that 4 ...


Financial Advisor Pat Vitucci To Conduct Financial Event in San Jose

San Jose, CA (PRWEB) September 21, 2014 Pat Vitucci, a Bay Area Independent Financial Advisor, will be conducting a special financial event in San Jose, Tuesday, October 7 at Il Fornaio At The Sainte Clair Hotel beginning at 6:30pm. Dinner will be served. "This event will focus on those who have accumulated some wealth. We will discuss ways to preserve what you have and the value of charitable ...


Tomeo sisters have different futures in mind, but unite to bring strength to Manatee girls golf team

Sept. 21--BRADENTON -- One dreams of playing professional golf; the other just wants a college scholarship. One is a veteran, now a senior, while the other is hoping to leave her mark as a freshman. Together, Gianna and Gabrielle Tomeo are more than just sisters on the Manatee High golf team. They are two splendid golfers who hope to push the Hurricanes to the state tournament. "There's ...


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