With area plants dealing with closure, buyouts, layoffs or furloughs since last fall, the United Way of Rutherford and Cannon County took a conservative approach in allocations to member agencies - reducing funds overall by $170,901 or 10.71 percent compared with June 2008 allotments.
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What large fund companies seem to agree on is better security of and discipline for capital markets, and greater transparency for money funds, which should be limited to holding only the highest-quality securities.
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June 30 (Bloomberg) — Emaar Properties PJSC , the Dubai property developer that announced a plan to combine with part of Dubai Holding LLC last week, may have to raise funds if it proceeds with the transaction, Nomura Holdings Inc. said.
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KUALA LUMPUR, June 30 (Bernama) — The government’s decision to relax foreign ownership in investment management funds will not jeopordise Permodalan Nasional Bhd (PNB) as the business activities of PNB are different, says its President and Group Chief Executive, Tan Sri Hamad Kama Piah Che Othman.
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These mutual funds have far more than their recent success going for them.
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North Texas power line operator Oncor plans to apply for $317 million in stimulus money to help pay for new smart meters. The funds, available under the American Recovery and Reinvestment Act, could lower the fees consumers ultimately pay for the new meters.
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Sales of investment funds rose for the fourth month in a row during May as consumers hunted for higher returns on their cash new figures show.
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State praised for using millions on highway maintenance projects Environmental groups and smart growth advocates Monday applauded Maryland’s use of almost $225 million in federal stimulus funds, saying the state’s decision to concentrate spending on highway maintenance projects is a wise use of resources and an effective way to create jobs.
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Despite big losses, they remain solid option for many Target-date funds have been under fire ever since they took a drubbing in last year’s market plunge.
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Mutual funds are becoming increasingly aggressive in voting against company management and using annual general meetings to push socially responsible agendas.
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