Latest Economics Stories

ProPublica And American Public Media's Marketplace Launch Investigation: Beyond Payday Loans

2013-05-13 12:27:06

INVESTIGATION FINDS INSTALLMENT LENDERS PEDDLE SMALL DOLLAR/HIGH INTEREST LOANS, PRACTICE INVASIVE COLLECTION TACTICS AND TAKE ADVANTAGE OF GAPS IN LENDING LAWS NEW YORK, LOS ANGELES and ST. PAUL, Minn., May 13, 2013 /PRNewswire/ -- A new joint investigative report by Marketplace and ProPublica finds that installment loan companies like World Finance are profiting by providing small-dollar, high-interest loans to low-income Americans. These loan providers use aggressive collection...

Sloud States Corporate Expansion and Initiative

2013-05-13 12:24:40

PANAMA CITY BEACH, Fla., May 13, 2013 /PRNewswire/ -- Today, Leone Asset Management, subsidiary to Sloud, Inc., (Pink Sheets: SLOU) announced corporate expansion and new initiatives in Sierra Leone. Company President, Tony Khodadad stated, "As I watch the news each day, I see global unrest, high unemployment and relatively no growth or growth prospects in the developed world. Each day, I become more energized to be operating in Sierra Leone. We are working in the trenches in a...

Nonprofit Insurance Trust Selects The Stingray System from Maximum Processing

2013-05-13 08:34:53

Nonprofit Insurance Trust selects the web-based, policy, billing, claims and reinsurance insurance administration system. BRADENTON, Fla., May 13, 2013 /PRNewswire/ -- Nonprofit Insurance Trust has chosen The Stingray System for the processing of their Personal and Commercial lines of business. The Stingray System, from Maximum Processing, will be utilized for policy, billing, claims, imaging and workflow processing. "We expended a great amount of effort to conduct a diligent...

Insider Trading for Tech Stocks: Microsoft, Bank of America, NVIDIA, Molycorp, Research In Motion, and Electronic Arts

2013-05-13 08:33:15

HONG KONG, May 13, 2013 /PRNewswire/ -- Insiderslab.com has issued insider trading reports for good stocks: Microsoft (NASDAQ:MSFT), Bank of America (NYSE:BAC), NVIDIA (NASDAQ:NVDA), Molycorp (NYSE:MCP), Research In Motion (NASDAQ:BBRY), and Electronic Arts (NASDAQ:EA). (Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO ) (Read full report by clicking the link below, you may need to copy and paste the full link to your browser.) Report Highlights: Microsoft...

TheStreet Incorporates 9W Search Service on Company Stock Pages

2013-05-13 08:32:48

Innovative search will allow investors to easily access detailed financial information NEW YORK, May 13, 2013 /PRNewswire/ -- TheStreet, Inc. (Nasdaq:TST), a leading digital financial media company, announced today an agreement with 9W Search, Inc. of Austin, Texas to provide visitors of The Street.com with access to its innovative financial answer engine. (Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) "9W Search is a fantastic service that I am delighted we...

Global Digital Solutions, Inc., Continues Building Senior Leadership Team With Appointment of Matthew Kelley, Managing General Partner of Vox Equity Partners of West Palm Beach, FL, as Senior Adviser

2013-05-13 08:32:37

Mr. Kelley Will Provide Strategic Financing Guidance to Facilitate Planned Merger Between Global Digital Solutions Inc. and Airtronic USA, Inc. - the Largest Woman-Owned Small Arms Manufacturer in the United States PALM BEACH, Fla., May 13, 2013 /PRNewswire/ -- Global Digital Solutions (OTC PINK:GDSI), a company that is positioning itself as a leader in providing knowledge-based and culturally attuned social consulting and security-related solutions in unsettled areas,...

CardHub.com Study: Credit Card Users Save 15.5% on Currency Conversion

2013-05-13 08:31:09

WASHINGTON, May 13, 2013 /PRNewswire/ -- Using a no foreign transaction fee Visa or MasterCard credit card for purchases that are processed outside of the United States will save consumers 15.5% relative to converting physical currency at a Travelex location and 7.1% compared to doing so at the average major bank, according to the 2013 Currency Exchange Study conducted by credit card comparison website CardHub.com. Other highlights from the study include: Even if a consumer uses a...

RMC Solutions Improves Proper Risk Transfer with GG-One Insurance Certificate Tracking Software

2013-05-13 08:30:08

KENNETT SQUARE, Pa., May 13, 2013 /PRNewswire/ -- GG-One Software, Inc. today announced that RMC Solutions, Mendota Heights, Minnesota has selected GG-One Software's Fastrack product as a tool for managing client insurance certificates. The software will help RMC Solutions focus on the most neglected aspect of risk management: Proper Risk Transfer. RMC Solutions provides insurance tracking services for general contractors. The insurance environment is changing as insurance carriers...

Triple-S Management Corporation Announces Secondary Offering of Class B Common Stock, Share Repurchase and Majority Conversion of Class A Common Stock

2013-05-13 08:28:12

SAN JUAN, Puerto Rico, May 13, 2013 /PRNewswire/ -- Triple-S Management Corporation ("Triple-S" or the "Company") (NYSE: GTS) today announced that certain selling shareholders intend to commence a public secondary offering of 5,400,368 shares of the Company's Class B common stock (the "Offering"). Triple-S will not receive any proceeds from the Offering. The selling shareholders include certain holders of Class A common stock who have elected to convert shares of Class A common...

Samsung Leads Ubitus New Round Financing to Push Cloud Gaming to Next Level

2013-05-13 08:26:13

TAIPEI, Taiwan, May 13, 2013 /PRNewswire/ -- Ubitus Inc., the worldwide technology leader in cloud gaming solutions, today announced it has raised over $15 million cash from multiple international leading investors including Samsung Venture Investment Corporation (Samsung Ventures) for further spearheading the push of cloud gaming to next level. Since its first cloud gaming deployment in Japan in September 2011, Ubitus had been leading the global market in deploying commercial...