MLM Passive Income

Residual Income News

  • Crown Holdings Reports Second Quarter 2011 Results Tuesday, July 19, 2011 @ 4:01PMCrown Holdings, Inc. today announced its financial results for the second quarter ended June 30, 2011.
  • United Rentals Announces Second Quarter 2011 Results Tuesday, July 19, 2011 @ 3:27PMUnited Rentals, Inc. (NYSE: URI) today announced financial results for the second quarter 2011. Total revenue was $629 million and rental revenue was $524 million, compared with $557 million and $450 million, respectively, for the same period last year.
  • Fitch Rates Erie County Fiscal Stability Authority, NY's Sales Tax & State Aid Secured Bonds 'AA+' Tuesday, July 19, 2011 @ 1:49PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following ratings to the Erie County Fiscal Stability Authority, New York's (ECFSA) bonds: --$28,750,000 sales tax and state aid secured bonds, series 2011A, 'AA+'; --$22,325,000 sales tax and state aid secured bonds, series 2011B, 'AA+'; --$86,845,000 sales tax and state aid secured bonds, series 2011C, 'AA+'. The bonds are scheduled for ...
  • Golden Valley Mines Effects Arrangement and Completes Reorganization Tuesday, July 19, 2011 @ 1:14PMVAL-D'OR, QUÉBEC--(Marketwire - July 19, 2011) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
  • 7 Big Banks Going Bust Tuesday, July 19, 2011 @ 10:28AMDespite being given every advantage to repair the disastrous damage of the housing market crisis and financial crash of 2008, big banks and financial stocks are struggling to gain any
  • Press Release Tuesday, July 19, 2011 @ 8:00AMForest Laboratories Inc. Posted on:19 Jul 11 Forest Laboratories, Inc. (NYSE: FRX), an international pharmaceutical manufacturer and marketer, today announced that reported earnings per share equaled $0.90 in the first quarter of fiscal 2012. Excluding a charge of $40.0 million, or $0.14 per share net of tax for a new product licensing fee, non-GAAP earnings per share for the first fiscal ...
  • Forest Laboratories, Inc. Reports Fiscal Year First Quarter 2012 Earnings Per Share of $0.90 Including a $0.14 Charge ... Tuesday, July 19, 2011 @ 7:12AMNEW YORK--(BUSINESS WIRE)--Forest Laboratories, Inc. (NYSE: FRX), an international pharmaceutical manufacturer and marketer, today announced that reported earnings per share equaled $0.90 in the first quarter of fiscal 2012. Excluding a charge of $40.0 million, or $0.14 per share net of tax for a new product licensing fee, non-GAAP earnings per share for the first fiscal quarter were $1.04 per ...
  • Peabody Energy Announces Results for the Quarter Ended June 30, 2011 Tuesday, July 19, 2011 @ 7:00AMST. LOUIS , July 19, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU - News ) today reported second quarter 2011 EBITDA of $579.5 million , a 32 percent increase from the prior year. Â Revenues climbed 21 percent to $2.01 billion . Â Income from continuing operations increased 36 percent to $293.0 million , with diluted earnings per share from continuing operations of $1.05 . Â Adjusted diluted ...
  • July heat wave grips region, to stay awhile Monday, July 18, 2011 @ 10:32PMIt’s almost too hot to be outside.And along with much of the Midwest, extreme heat is relentlessly gripping the region and will likely ooze toward the eastern seaboard by week’s end.
  • Zambia: Isonem Steps Up Malaria Fight Monday, July 18, 2011 @ 8:46AMWHILE malaria remains a major public health and development challenge in Zambia, a unique opportunity exists to scale-up malaria-related interventions, strengthen systems, and make a major effort to Roll Back Malaria in Zambia.
  • MGIC Investment Corporation Reports Second Quarter 2011 Results Monday, July 18, 2011 @ 6:00AMMGIC Investment Corporation today reported a net loss for the quarter ended June 30, 2011 of $151.7 million, compared with net income of $24.6 million for the same quarter a year ago.
  • A steady-as-she-goes portfolio Friday, July 15, 2011 @ 5:09PMScientist sticks with a buy-and-hold strategy
  • How To Effectively Investigate A Stock Friday, July 15, 2011 @ 10:25AMBefore throwing your money away, learn how to pick the right stock for your portfolio.
  • Brown: ‘We’re gonna make this happen’ Friday, July 15, 2011 @ 3:05AMSenator optimistic about USEC future, even though he has been critical of the company in the past
  • Homework softens the blow for beneficiaries Thursday, July 14, 2011 @ 8:42PMTHE two inevitabilities in life, death and taxes, when combined can have disastrous consequences for the unprepared. From an income tax point of view, where appropriate steps have not been taken, the impact of the death on a superannuation fund member can result in large amounts of tax payable when the superannuation passes to non-dependent beneficiaries.
  • GASB ISSUES TWO NEW STATEMENTS TO IMPROVE FINANCIAL REPORTING Thursday, July 14, 2011 @ 2:43PMThe Governmental Accounting Standards Board (GASB) of the US has issued two Statements to improve governmental financial reporting.
  • GASB Addresses Hedging Issues for Government Accountants Wednesday, July 13, 2011 @ 3:18PMThe Governmental Accounting Standards Board issued two new standards Wednesday that aim to improve government financial reporting in two timely areas: providing taxpayers and others with information about how past transactions will continue to affect a government's financial statements in the future, and clarifying the circumstances in which hedge accounting continues to be applied when a swap ...
  • GASB Issues Two New Statements to Address Pressing Issues Wednesday, July 13, 2011 @ 1:40PMNORWALK, Conn.--(BUSINESS WIRE)--The Governmental Accounting Standards Board (GASB) today issued two Statements intended to improve governmental financial reporting by: Providing taxpayers and others with information about how past transactions will continue to impact a government’s financial statements in the future and Clarifying the circumstances in which hedge accounting continues to be ...
  • Cities weigh new law allowing bigger tax breaks Wednesday, July 13, 2011 @ 10:58AMCommunities across the state are trying to decide how they will use a new law that provides them more flexibility to employ economic development incentives but could increase pressure to give companies more tax breaks.
  • Art's Way Manufacturing Announces Second Quarter and Six Months Financial Results and Conference Call Wednesday, July 13, 2011 @ 9:39AMArt's Way Manufacturing Co., Inc. , a leading manufacturer and distributor of agricultural machinery, equipment and services announces its financial results for the three and six months ended May 31, 2011.
  • ASML Profit Rises 80% as Clients Add Capacity for New Technology Wednesday, July 13, 2011 @ 8:17AMASML Holding NV, Europe’s biggest semiconductor-equipment maker, said second-quarter profit rose more than 80 percent as chip manufacturers added capacity and shifted to more advanced-technology machines.
  • Dynamic Producer Commemorates 10 Year Anniversary with the 10th Annual Dynamic Producer Music Conference, Launches ... Wednesday, July 13, 2011 @ 3:01AMAnnouncing The 10th Annual Dynamic Producer Conference, August 26-28, Los Angeles, CA and Dynamic Producer's new Industry Insider Video Series (PRWeb July 13, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8638150.htm
  • ASML Drops After Forecast Third-Quarter Orders Won’t Exceed $700 Million Wednesday, July 13, 2011 @ 2:40AMASML Holding NV (ASML) , Europe ’s biggest semiconductor-equipment maker, fell the most since 2008 in Amsterdam trading after saying orders will decline in the third quarter.
  • Shapps pledges to cut waiting lists Tuesday, July 12, 2011 @ 6:13PMSetting out the details of the government’s proposed directions to the social housing regulator, Mr Shapps will argue social housing must be available to ‘those who need it most, for as long as they need it’.
  • Jennifer Convertibles Reports Third Quarter Results Tuesday, July 12, 2011 @ 3:45PMJennifer Convertibles, Inc. announced today its financial results for the third quarter ended May 28, 2011.
  • Nelnet Buys Interest in FFELP Loans Tuesday, July 12, 2011 @ 3:30PMNelnet Inc. has acquired the residual interest in $1.9 billion of Federal Family Education Loan Program consolidation loans from an affiliate of Greystone & Co. Inc.
  • Varden Pacific Selects Quantifi to Power OTC Trading and Regulatory Compliance Tuesday, July 12, 2011 @ 8:17AMLONDON & NEW YORK--(BUSINESS WIRE)--Varden Pacific Selects Quantifi to Power OTC Trading and Regulatory Compliance - Enables solid infrastructure for efficiently and effectively managing risk
  • Cisco Systems: Colossal Free Cash Flows Create Compelling Opportunity (CSCO) Tuesday, July 12, 2011 @ 7:21AMBy Frank Voisin. Cisco Systems Inc. ( CSCO ) is not your typical value investment. It is among the very largest of the large-caps, draws considerable media and analyst attention. (Yahoo Finance shows 36 brokers following the company!), and it has nearly 1600 institutions that hold its shares. It is unlikely that there are any information asymmetries (Rajaratnam is in jail now, right?), and so it ...
  • Nelnet buys residual interest in federal student loan Monday, July 11, 2011 @ 8:05AM(Reuters) - Nelnet said it bought a residual interest in $1.9 billion of federal student loan from an affiliate of Greystone & Co Inc.
  • Nelnet Purchases Residual Interest in $1.9 Billion of Federal Student Loans from Greystone & Co., Inc. Monday, July 11, 2011 @ 7:00AMNelnet today announced that it closed on a transaction to purchase the residual interest in $1.9 billion of Federal Family Education Loan Program consolidation loans from an affiliate of Greystone & Co., Inc. Â Nelnet acquired the ownership interest in GCO SLIMS Trust-1 giving the company rights to the residual interest in GCO Education Loan Funding Trust-I .
  • 07-07/End-June 2011 GIR Level Reaches US$69.0 Billion Monday, July 11, 2011 @ 3:47AMThe country's gross international reserves (GIR) stood at US$69.0 billion as of end-June 2011, higher by US$0.1 billion than the previous month's level of US$68.9 billion, Bangko Sentral ng Pilipinas ...
  • 291 housing starts so far Monday, July 11, 2011 @ 1:50AMManteca is in target to have its best year for new housing unit starts since 2007.
  • Are Used Cars Better Than New? Saturday, July 9, 2011 @ 11:06AMCertified pre-owned cars are more reliable, last longer, and cost less to maintain.
  • KKR Financial Holdings LLC Announces Upsize of KKR Financial CLO 2011-1, Ltd. Friday, July 8, 2011 @ 11:58AMKKR Financial Holdings LLC today announced that it has upsized KKR Financial CLO 2011-1, Ltd. to $600 million from $400 million. The increase in the transaction size is a result of an amendment to the transaction whereby CLO 2011-1 is now able to borrow up to $450 million representing an increase of $150 million from what was previously available under the securitization.
  • Greenbrier Reports Fiscal Third Quarter 2011 Results; Concludes New Revolving Credit Facility Friday, July 8, 2011 @ 5:00AMThe Greenbrier Companies today reported results for its fiscal third quarter ended May 31, 2011.
  • June forex reserves reach $68.99B Thursday, July 7, 2011 @ 1:24PMMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday reported that foreign exchange reserves inched up to a record $68.99 billion as of the end of the first semester.   BSP Governor Amando M. Tetangco Jr. said in a press release that the preliminary gross international reserves (GIR) level as of end June is good enough to cover 10.3 months worth of imports of goods and payments ...
  • Growth in dollar reserves slows in June Thursday, July 7, 2011 @ 1:06PMTHE Philippines' gross international reserves slightly picked up in June at $69 billion, higher by $0.1 billion than last month's level of $68.9 billion, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. read more
  • Coldwater CDO Ltd - Notice of Status of Liquidation etc Thursday, July 7, 2011 @ 11:37AMColdwater CDO Ltd - Notice of Status of Liquidation etc
  • 1H forex reserves near full-year goal Thursday, July 7, 2011 @ 11:23AMBY LAILANY P. GOMEZ REPORTER THE country’s foreign exchange reserves surged in the first half of the year owing to continued inflows arising from the operations and investments abroad of the Bangko Sentral ng Pilipinas. In a statement, the BSP said the country’s gross international reserves jumped 42 percent to $69 billion at end-June, compared [...]
  • Forex reserves hit $69B in June Thursday, July 7, 2011 @ 9:18AMTHE country’s gross international reserves hit a record $69 billion in June, the Bangko Sentral ng Pilipinas (BSP) yesterday said. This is higher by $100 million than the previous month’s $68.9 billion, BSP Gov. Amando Tetangco said.
  • Kenya: Tree Farms Change Fortunes of Rural Women Thursday, July 7, 2011 @ 5:01AMJoyce Odari's semi-permanent farmhouse is at the edge of Kakamega Forest. An elderly subsistence farmer, and a mother of seven adult children, she uses wood fuel to cook but cannot imagine cutting the branches that have formed a canopy over her roof for firewood.
  • PHL’s end-June forex reserves widen 42% to record $69B Thursday, July 7, 2011 @ 3:21AMThe Philippines’ foreign exchange reserves widened by 41.7 percent as of end June, boosted by the central bank’s investment earnings and the revaluation of its gold holding.
  • GIR hits $69-B in June, up slightly from May Thursday, July 7, 2011 @ 1:36AMThe country's gross international reserves rose slightly to $68.996 billion in June from the revised $68.853 billion in May. In a statement, the central bank attributed the increase to foreign exchange operations and income from investments abroad.
  • CDC Identifies Top Global Public Health Achievements in First Decade of 21st Century Tuesday, July 5, 2011 @ 11:59AMGlobal public health advances during the first 10 years of the 21st century resulted in longer lives worldwide, increasing the average life expectancy at birth in low-income countries from 55 to 57 years, and in high-income countries from 78 to 80 years, according to a report from the Centers for Disease Control and Prevention.
  • Jacques Vert PLC - Preliminary Results Tuesday, July 5, 2011 @ 1:17AMJacques Vert PLC - Preliminary Results
  • THE NEWSLEADER OF NEGROS ORIENTAL Monday, July 4, 2011 @ 7:33AMThe economy can be described as “dualistic” - that is an economy with a large but poor traditional sector sideby- side with a smaller modern sector.
  • WGA screenwriters' income falls 10% in 2010 Friday, July 1, 2011 @ 6:52PMThe fiscal story line was grim for Hollywood's screenwriters in 2010.
  • The Corporate Tax Debate? Ignore It and Think About Your Taxes Friday, July 1, 2011 @ 5:51PMHere's a useful rule of thumb for stock-picking investors: Don't let your politics interfere with yo
  • Report: Earnings for WGA screenwriters fell 10% in 2010 Friday, July 1, 2011 @ 3:28PMThe story line was grim for most of Hollywood's screenwriters in 2010. The story line was grim for most of Hollywood's screenwriters in 2010.
  • Housing project seeks economic development loan Friday, July 1, 2011 @ 12:12PMMcCOOK, Nebraska -- The McCook Housing Agency was turned down in February for a $252,000 grant that they had hoped would be the final funding piece for the East Ward Village housing project.