July 30, 2007
Credit Worries Continue on Wall Street : GlobalGiants.com
Stocks in New York continue to fluctuate on Monday but demonstrate some signs of stabilizing.
A trader scratches his head in the New York Stock Exchange in New York. U.S. stocks fell sharply on Thursday amid concern over cooling housing market and subprime loan crisis, with the Dow falling more than 300. Photo Credit: Hou Jun/Xinhua/Sipa
Edited & Posted by Editor | 2:18 PM | Link to this Post
July 24, 2007
BANK OF AMERICA RECEIPT : GlobalGiants.com
Photo: Bank of America ATMs: Making Deposits Has Never Been Easier; Checks are Scanned, Cash Counted, and Receipts Display Digital Images of Deposited Checks and Cash. (Photo Credit: Bank of America, Michael Lobiondo)
Bank of America, which has the largest bank-owned ATM network in the USA and the most ATMs that accept deposits, began rolling out the new ATMs last year. Currently the ATMs are available in the Carolinas, Atlanta, Chicago, Los Angeles, Miami, New York, Phoenix, Portland (OR), Riverside, San Diego and Washington D.C. markets. |GlobalGiants.com|
Edited & Posted by Editor | 1:58 PM | Link to this Post
Wells Fargo Launches Mobile Banking : GlobalGiants.com
Photo: A shopper participating in a pilot program transfers money between his bank accounts using the new Wells Fargo Mobile banking solution on a mobile device, Wednesday, July 18, 2007, at an outdoor market in San Francisco. Launched nationwide USA on July 24, 2007, Wells Fargo Mobile allows customers with a browser-based mobile device to check account balances, view transaction histories and transfer money between Wells Fargo accounts. (Photo for Wells Fargo by Court Mast)
SAN FRANCISCO, July 24 -- Wells Fargo & Company (NYSE:WFC) announced the launch today of Wells Fargo Mobile(SM), a browser- based mobile banking solution, available to all of its customers nationwide USA. With this new service, Wells Fargo allows its customers to access their Wells Fargo financial relationship through a web browser on their mobile device. |GlobalGiants.com|
Edited & Posted by Editor | 1:50 PM | Link to this Post
July 17, 2007
Dow Jones Industrial Average Crosses 14,000 for the First Time : GlobalGiants.com
A trader keeps working after the ringing of the closing bell on Wall Street in New York City on July 16, 2007. The Dow closed at over 13,950 and set a new all time record. (UPI)
The stock market’s best-known indicator crossed 14,000 in the first half-hour of trading on Tuesday morning, rising to 14,002.60, having taken just 57 trading days to make the trip from 13,000. |GlobalGiants.com|
Edited & Posted by Editor | 12:56 PM | Link to this Post
July 9, 2007
Neiman Marcus & Bergdorf Goodman Select Marquis Jet as Exclusive Private Jet Partner : GlobalGiants.com
Upscale Offering for Retailers' Affluent Consumers.
NEW YORK, July 9 -- The Neiman Marcus Group, comprised of Neiman Marcus and Bergdorf Goodman retailers, and Marquis Jet(SM), the leader in private jet cards, today announced an alliance providing their respective clientele with a broad range of exclusive benefits.
The Marquis Jet Card program provides the convenience, quality and safety of NetJets(R), the worldwide leader in fractional jet ownership, 25 hours at a time. InCircle members who purchase their first 25 hour Marquis Jet Card will receive a co-branded Marquis Jet / InCircle Jet Card that will provide many special benefits, beginning with 100,000 InCircle points. Going forward, Neiman Marcus / Bergdorf Goodman and Marquis Jet will participate in a number of joint marketing programs benefiting their respective clientele, including special event access and exclusive in-store and online offers. |GlobalGiants.com|
Edited & Posted by Editor | 9:01 AM | Link to this Post
July 4, 2007
TRITON ATM : GlobalGiants.com
Photo: Triton's FT7000, a full-function, through-the-wall ATM for financial institutions, features an envelope depository and an expansion bay for future upgrades such as check scanning. Available in a walk-up or drive-up configuration, the FT7000 is fully XFS compliant and runs Triton's Prism(TM) ATM software with Diebold 912 Emulation support, assuring seamless integration and compatibility into any existing network. Triton is a global ATM manufacturer and the largest provider of off-premise ATMs in North America. (Triton) |GlobalGiants.com|
Edited & Posted by Editor | 5:13 AM | Link to this Post
June 13, 2007
STANLEY GIBBONS STAMP : GlobalGiants.com
Photo: The 1904 6d 'IR Official', Great Britain's rarest stamp, which sold for a record $360,000 yesterday. Illustration courtesy of Shreves Philatelic Galleries, Inc. (Stanley Gibbons) |GlobalGiants.com|
Edited & Posted by Editor | 1:45 PM | Link to this Post
June 11, 2007
Bank of America Delivers First Premium Credit Card Designed Exclusively for its Wealthy and Affluent Clients : GlobalGiants.com
New Bank of America Accolades(TM) American Express(R) Card Offers Distinctive Perks and Benefits.
BOSTON, June 11-- Bank of America today introduced the Bank of America Accolades(TM) American Express(R) card, the first premium credit card designed exclusively for Bank of America's affluent, wealthy and ultra- wealthy clients served through Premier Banking & Investments(TM), The Private Bank of Bank of America and its extension, Family Wealth Advisors. |GlobalGiants.com|
Edited & Posted by Editor | 1:45 PM | Link to this Post
June 10, 2007
ING DIRECT: FAMED DAREDEVIL FLIES 150 FEET OVER MOUNTAIN OF MONEY : GlobalGiants.com
Photo: Kaptain Robbie Knievel, son of legendary daredevil "Evel" Knievel, soars 150 feet over a heaping mountain of money representing the $4.6 billion in interest ING DIRECT customers have earned since 2000. His big leap was part of the ING DIRECT Independence Ride 2007, a full-day event which took place in Wilmington, DE on Saturday, June 9th. In addition to the jump, the event included a 60-mile motorcycle ride with more than 1000 riders and a performance by the Steve Miller Band. The event raised $75,000 for the Muscular Dystrophy Association. (Photo courtesy of ING DIRECT) |GlobalGiants.com|
Edited & Posted by Editor | 1:38 PM | Link to this Post
June 5, 2007
Chinese Stocks Rebound After Extremely Volatile Morning : GlobalGiants.com
Photo: An investor sits in front of the stock price index at a securities company in Chengdu, in southwest China's Sichuan province, 05 June 2007. Chinese share prices closed 2.63 percent higher 05 June after an extremely volatile day that saw the market plunge by as much as seven percent in morning trade, dealers said. AFP PHOTO/LIU Jin |GlobalGiants.com|
Edited & Posted by Editor | 12:20 PM | Link to this Post
June 1, 2007
STANLEY GIBBONS CHART : GlobalGiants.com
Photo: Chart showing returns of 150% available from investing in rare Great Britain stamps and the outperforming of the GB30 Rare Stamp Index against the Dow Jones over the last 10 years. (Stanley Gibbons)
Legendary investor Bill Gross will be auctioning part of his multi-million US$ stamp collection for charity on June 11. The stamps are expected to sell for US$5million, a 150% increase on the initial purchase price. Stanley Gibbons Limited, the world's oldest and most respected name in stamps, will be there in New York holding seminars showing investors how to achieve 150% returns investing in rare stamps.
All proceeds from the auction are being generously donated to Medecins Sans Frontieres/Doctors Without Borders, the international independent medical humanitarian emergency aid organisation. The auction emphasises the worth of rare stamps as an alternative investment vehicle. |GlobalGiants.com|
Edited & Posted by Editor | 2:40 AM | Link to this Post
May 30, 2007
Bush to Name Former Deputy Secretary of State as World Bank President : GlobalGiants.com
Photo: Robert Zoellick, a nimble negotiator who has crisscrossed the globe as President Bush’s trade chief and as the country’s No. 2 diplomat, is the White House’s choice to be the next World Bank President.
Bush will announce the decision on Wednesday, according to a senior administration official. |GlobalGiants.com|
Edited & Posted by Editor | 1:56 PM | Link to this Post
May 23, 2007
Bank of America's Mobile Banking Now Available Anytime, Anywhere to More Than 20 Million Online Customers Across the U.S. : GlobalGiants.com
Completion of Rollout Gives Bank of America Customers Ability to Manage Their Finances 'On the Go' Through Cell Phones and Smartphones.
Bank of America has completed the rollout of its secure Mobile Banking service -- enabling more than 20 million Online Banking customers to manage their personal finances 'on the go.' Consumers across the USA now can use their cell phones and smartphones to check account balances, pay bills and transfer money.
Bank of America began rolling out Mobile Banking service to consumers in March and now is providing the service to more than 20 million online customers across the country. Using the Web browser built into most current cell phones or smartphones, consumers can:
• Check balances on their checking, savings and credit card accounts, as
well as mortgages and home equity lines held with Bank of America.
• Pay their bills and e-bills.
• Transfer money between accounts and to other Bank of America customers.
• View transactions for checking and savings accounts, mortgages and home
equity lines, including posted and pending transactions.
Mobile banking from Bank of America is secure. Customers are protected with the bank's SiteKey (R) security service, as well as its Zero Liability Online Banking Guarantee. To help protect customer information, the bank has developed a unique end-to-end security feature that ensures information remains encrypted when sent between the mobile phone and the bank. |GlobalGiants.com|
Edited & Posted by Editor | 2:21 AM | Link to this Post
May 18, 2007
President of the World Bank, Paul Wolfowitz, Resigns : GlobalGiants.com
Photo: Paul Wolfowitz resigned as president of the World Bank on Thursday, ending a protracted battle over his stewardship prompted by his involvement in a high-paying promotion for his companion. |GlobalGiants.com|
Edited & Posted by Editor | 12:30 PM | Link to this Post
May 14, 2007
Chrysler Sold to Cerberus Capital Management for $7.4 Billion : GlobalGiants.com
Photo: DaimlerChrysler CEO Dieter Zetsche (R) and John W. Snow (L) Chairman Cerberus Capital Management shake hands during the Daimler Chrysler press conference on May, 14 2007 in Stuttgart, Germany. German-US auto giant DaimlerChrysler said on Monday it had agreed to sell control of its loss-making US arm Chrysler to private equity firm Cerberus, for 5.5 billion euros or 7.4 billion dollars. (Getty Images) |GlobalGiants.com|
Edited & Posted by Editor | 12:43 PM | Link to this Post
April 24, 2007
Citi Announces Plant-A-Tree Program to Help Drive Environmental Awareness : GlobalGiants.com
Encourages Customer Enrollment in Paperless Statements.
Announces First Quarter Success With More Than 300,000 Trees Planted.
NEW YORK, April 24 -- Citi, the leading global financial services company, is aiming to help make a difference in the environment this year, while delivering tangible benefits to customers who desire to reduce their dependence on paper and help to protect the environment. In January, the company put in motion a customer-focused "Plant- a-Tree" initiative - a program that creates environmental awareness by encouraging its credit card holders to switch to paperless statements, planting a tree for each conversion made. Today, the company announced its first quarter results from the program, where already more than 300,000 customers have opted to "go paperless" and just as many trees have been planted on their behalf nationwide.
For every customer that switches to paperless statements, Citi, in partnership with the National Arbor Day Foundation (NADF), will plant a tree on his or her behalf in a location where it is most needed. Along with the environmental benefits, going paperless has its consumer advantages as well. Going paperless helps reduce paper clutter and allows customers to view their statements online for up to six months, as well as provides easy access to account activity anywhere, anytime.
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries. |GlobalGiants.com|
Edited & Posted by Editor | 1:26 PM | Link to this Post
March 7, 2007
JAPAN STOCKS : GlobalGiants.com
Asian markets rebound.
Photo: A pedestrian passes in front of a share prices chart in downtown Tokyo, 06 March 2007. Japanese share prices rebounded 202.25 points to close at 16,844.50 points at the Tokyo Stock Exchange, clawing back some of their heavy recent losses as bargain hunters emerged after five straight days of falls. AFP PHOTO / Yoshikazu TSUNO (Photo credit YOSHIKAZU TSUNO/AFP/Getty Images) |GlobalGiants.com|
Edited & Posted by Editor | 1:55 AM | Link to this Post
February 27, 2007
Standard Chartered Greatest Race on Earth (GROE) 2006/07 : GlobalGiants.com
US$1.5million up for grabs as the finale of The Greatest Race on Earth draws near.
Hong Kong hosts the final leg of The Greatest Race on Earth.
Hong Kong — Another strong men's and women's line-up has been announced for the fourth and final leg of The Standard Chartered Greatest Race on Earth (GROE) 2006/07, the Hong Kong Marathon, which will take place on 4 March. With teams separated by the tightest of margins after the previous races of the series in Nairobi, Singapore and Mumbai, the final marathon will determine how the largest prize pool in world athletics, US$1.5 million, is ultimately shared.
The Greatest Race on Earth (GROE) was created in 2004 - the first-ever virtual relay race across four marathons. The Main Team Challenge category is open to men and women over 18 years of age, of any nationality, with no restriction on the level of competence. Each team member will run in one marathon. Teams must nominate who will run in each full marathon before the start of the series, and the winning team will be the one whose athletes record the lowest aggregate time across the four marathons.
In 2005/06 the quality of the runners was world-class, with 24 male and 30 female GROE runners placing in the top 10 of each of the four marathons.
Building on the success of the first two series, Standard Chartered presents GROE for the third time. There are over 80 teams and 300 participants taking part. The race covers marathons in Nairobi, Singapore, Mumbai and Hong Kong, representing some of the most challenging environments in the world:
• The highest race at over 1,600 metres in Nairobi – 29 October 2006
• The island race around Singapore – 3 December 2006
• The historic race through Mumbai – 21 January 2007
• The harbour race across Hong Kong – 4 March 2007
|GlobalGiants.com|
Edited & Posted by Editor | 2:44 AM | Link to this Post
February 21, 2007
INVITATION TO ITAU DAY AT NYSE : GlobalGiants.com
Photo: From left to right: Banco Itau's corporate headquarters, view of NYSE, and invitation to Itau Day at NYSE. (NewsFoto: Banco Itau Holding Financeira S.A.) |GlobalGiants.com|
Edited & Posted by Editor | 4:03 AM | Link to this Post
December 19, 2006
MasterCard Launches the MasterCard(R) rePower(TM) Prepaid Load Network
InComm Successfully Processes First POS Transaction.
PURCHASE, N.Y., Dec. 19 -- MasterCard Worldwide and InComm today announced the successful completion of the first cardholder point of sale transaction using the MasterCard rePower Load Network. MasterCard rePower at the point of sale is a new service that allows consumers to add money to eligible MasterCard or Maestro branded prepaid cards at participating merchant locations. InComm will begin offering the solution to the 145,000 stores that comprise its retail distribution network.
MasterCard rePower allows MasterCard-branded prepaid cardholders to easily add money to their eligible prepaid accounts at participating retail locations, bringing a valuable service to the millions of financially "underserved" individuals in the United States. Prepaid cards have emerged as a key enabler of allowing those without a banking history -- a segment that research firm Celent estimates to be 14 million households -- to forge a relationship with a financial institution and better manage their money.
Eligible cardholders need only to present a participating merchant with an eligible MasterCard or Maestro-branded reloadable prepaid card, along with the money they wish to add. The merchant uses standard transaction codes and transmits the load amount. The transaction is processed in real-time over the MasterCard network, giving the cardholder immediate access to his or her money.
|GlobalGiants.Com|
Edited & Posted by Editor | 11:01 PM | Link to this Post
