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Archive for July, 2010

Newswatch: Stocks cheer a benign July; gold, dollar suffer

Friday, July 30th, 2010

A modicum of confidence returned to markets in July, as U.S. and European stocks erased losses inked in the frenzy of prior months and investors took heart that slow growth is better than none at all, dumping gold and the U.S. dollar in light of this more sanguine view.

Lifemark Is Still Working on Restructuring Deal with CarVal

Friday, July 30th, 2010

Luxembourg life settlements company Lifemark is still working on a restructuring deal with hedge fun…

Lifemark Is Still Working on Restructuring Deal with CarVal

Friday, July 30th, 2010

Luxembourg life settlements company Lifemark is still working on a restructuring deal with hedge fun…

Newswatch: U.S. stocks slump as growth figures disappoint

Friday, July 30th, 2010

U.S. stocks fall Friday after government data showed economic growth slowed in the second quarter, though they regain some lost ground after better-than-expected reports on consumer confidence and manufacturing.

Newswatch: GDP slows in second quarter to 2.4% rate

Friday, July 30th, 2010

The U.S. economy lost momentum in the second quarter of the year, according to figures released Friday, which may raise concerns of an extended soft patch if not an outright contraction.

Coventry Capital Plans to Invest in SL Investment Fund, Publication Says

Friday, July 30th, 2010

Coventry Capital plans to originate policies and invest in a fund managed by SL Investment, a U.K. …

Coventry Capital Plans to Invest in SL Investment Fund, Publication Says

Friday, July 30th, 2010

Coventry Capital plans to originate policies and invest in a fund managed by SL Investment, a U.K. …

California Insurance Department Issues Final Rules for New Law

Friday, July 30th, 2010

The California insurance department's final emergency regulations to enact the state's new life set…

California Insurance Department Issues Final Rules for New Law

Friday, July 30th, 2010

The California insurance department's final emergency regulations to enact the state's new life set…

ASG Is Servicing Retirement Value's $104M Portfolio

Friday, July 30th, 2010

Asset Servicing Group said in a statement today that it was chosen by Retirement Value's court-appoi…