Northwestern Mutual Investment Management Company LLC Cuts Holdings in International …

Herndon Capital Management LLC grew its position in shares of International Business Machines by 39.0% during the 2nd quarter. Herndon Capital Management LLC now owns 695 shares of the technology company's stock worth $107,000 after buying an additional 195 shares during the period.
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Much of the current debate about bank culture focuses on the remuneration and incentive systems. This is largely misplaced. Big banks have multiple cultures and those cultures are shaped by a variety of forces. Incentives might be one, but there are other larger forces at play. A lot of the issues at the
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They have now lent to more than 130,000 small businesses which they claim is the largest customer base of any online small business lender. Other significant milestones for the company this year include their $250 million equity raise, securitizing $550 million and finalizing a $200 million revolving
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Disaster nearly struck New York's John F. Kennedy International Airport Tuesday after an airliner mistakenly tried to land on the same runway where another packed plane was attempting to take off. Delta Airlines Flight 4231 to Reagan National Airport was preparing for takeoff and rolling down Runway
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Laurentian Bank Chief Executive Officer François Desjardins isn't shirking any responsibility for the issues with mortgage documentation that sent shares of the company to their worst single-day drop in eight years on Tuesday. In an interview on BNN, Desjardins said ultimately the responsibility over the
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Live Updates: RBI Keeps Key Lending Interest Rate Unchanged. All but two of 54 … The 6-member Monetary Policy Committee (MPC), headed by Governor Urjit Patel of the Reserve Bank of India (RBI) decided to keep the Repo or key lending rate unchanged at 6 per cent, amid inflation concerns.
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Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Honeywell International by 4.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 2,458,065 shares of the conglomerate's stock worth $327,636,000 after buying an additional 114,309
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Total mortgage applications rose 4.7% last week from the previous week. The increase in the Mortgage Bankers Association's seasonally adjusted report was largely due to a 9% weekly jump in applications to refinance. Lenders suddenly have a strong sales pitch, now that rates are significantly lower
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Wang, a former governor of Guangdong province, of which Guangzhou is the capital, addressed the Fortune Global Forum and hit notes of trade openness similar to the speech President Xi Jinping gave at Davos in January. It's an extraordinary and complicated message. On the one hand, China is
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PETALING JAYA: MyEG Services Bhd has been granted a moneylender's licence by the Ministry of Urban Wellbeing, Housing and Local Government for a period of two years. MyEG told Bursa Malaysia that its sub-subsidiary MyEG Credit Sdn Bhd had received the letter dated November 30 from the
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NEW YORK, Dec. 06, 2017 (GLOBE NEWSWIRE) — Greystone Real Estate Advisors provided advisory services to Triad Senior Living, Inc. in its $34.5 million sale of Country Club of Woodland Hills, a 200-unit independent living and residential care community in Tulsa, Oklahoma. National Health
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According to Dino Diliberto, an advisor with Diliberto Real Estate, who conducted the sale, “it's nice to be involved in something that is bigger than just real estate. This will make a difference.” The property was offered in three parcels. But bidders could present bids on acreage of their choice. In this case
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U.S. wireless carrier T-Mobile U.S. said on Wednesday its board authorized a buyback program, its first-ever, for up to $1.5 billion of the company's common stock. The announcement comes a month after CFO Braxton Carter said the company would propose a “significant” share repurchase, a signal that
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Billionaire investor Bill Ackman's audacious partnership with Valeant Pharmaceuticals International Inc. to make a hostile bid for drug company Allergan Inc. in 2014 brought him a windfall of more than $2 billion even though it failed. It also led to a lawsuit by Allergan shareholders accusing Ackman of
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Ghana Home Loans now GHL Bank is promising to change the way construction and mortgage financing is done in the country as it formally begins operations Wednesday. The institution which has been operating as a mortgage finance company over the past 10 years recently secured a license from
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“Every Russian athlete should decide on his own whether to go under a neutral flag,” Alexander Zubkov, who competed in four Olympics and carried the Russian flag at Sochi's opening ceremony, told Championat.com. The IOC last month stripped Zubkov of two gold medals he won in Sochi after finding
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Good morning, Broadsheet readers—and happy hump day! Rep. John Conyers calls it quits, TheSkimm is exploring a sale, and TIME magazine reveals its Person of the Year. Enjoy the day. EVERYONE'S TALKING. • What do we do about #MeToo? The New York Times published a story yesterday
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Copper is coming off the biggest one-day slump in two years and the mood in the market is souring. Even though prices are still up dramatically this year, here are four reasons traders are cautious for the future. Supply Swell. Copper inventories held in global exchanges remain stubbornly high, even
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A third in commodities, a third in African stocks and a third in Vietnam — that was the pioneering emerging-market investor's response to a question at a Q&A session at Bloomberg's Year Ahead Asia conference in Jakarta. Palladium, which has rallied 45 percent this year, and platinum are the “most
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Studies have repeatedly suggested that Koskull is right and that a huge chunk of jobs in banking can be automated. In 2016, a Citigroup report warned that from 2015 to 2025, about 30 percent of the industry could be wiped out, largely due to trends in retail banking. Another report by McKinsey earlier
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