Archive for February 11th, 2010

GM Canada wants dealer suit thrown out

G eneral Motors of Canada Ltd. wants the Ontario Superior Court to throw out a lawsuit filed by some of its terminated dealers so that each case can be heard individually in arbitration. The dispute, which now includes 19 dealers, up from the original 12 who filed last November, should be settled through the National Automobile Dealer Arbitration Program (NADAP) or in individual lawsuits, the auto maker argues in a notice of motion that responds to the dealers’ statement of claim.

Three U.S. banks that pay outsized dividends

B ank shares, as measured by the S&P 500 Regional Banks Index, have soared 142 per cent since the stock-market low in early March, leaving companies with skinny dividends. Following an earlier look at three U.S. banks with outsized dividends , published in November, this expanded list features more conservative measures, excluding companies whose dividend payouts exceeded their 2009 net income.

The Nasdaq turns 40

T he Nasdaq likes to advertise itself as “the stock market for the next hundred years,” but as the exchange enters its 40th year, this seems like a good time to examine its beginnings and the path it has traveled in becoming one of the largest stock exchanges in the world. Beginnings Nasdaq was founded in 1971 by the National Association of Securities Dealers (NASD) as a listing system for over-the-counter (OTC) stocks. At its beginnings, Nasdaq simply served as a collection point for over-the-counter stock listings and did not actually bring buyers and sellers together

Choosing the Right Prepaid Cell Phone Service

To stay on top of the competition, different prepaid cell phone service providers come up with varying promotions to attract more customers. Due to recession, many consumers who have post paid cell plan subscriptions consider switching to a prepaid phone plan. However, picking out one from the many choices of prepaid phone carriers in the market can prove to be confusing.

Women and Retirement: Start Preparing Now

As much as we all hate to admit it, financial planning – for business and for personal use – has long been an activity that falls on male hands. Although the majority of women handle the day-to-day financial aspects of running a family, few of them spend the same amount of time on creating long-term plans. In fact, only about 41 percent of women participate in the 401(k) where they work, compared to almost twice that for men.

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