The Banking Association South Africa
Includes occasional newsletters, information on non-overdraft financing and statistics thereon, and the Code of Banking Practice.

Commerce Bank - America’s Most Convenient Bank
Welcome to Commerce Bank - America’s Most Convenient Bank Live Customer Service 24/7 1-888-751-9000 | 1-800-YES-2000 Telephone Banking Service

Wells Fargo Home Page
Start here to bank and pay bills on the internet. Wells Fargo provides personal banking, investing services, small business, and commercial banking.

Banking Jobs / Financial Resumes | Bankjobs.com
Banking Jobs and Resumes: Career site for the financial services industry. Jobs and resumes for the banking and financial industry. Preview all resumes and search jobs for free.

Bank - Wikipedia, the free encyclopedia
A banker or bank is a financial institution that acts as a payment agent for customers, and borrows and lends money. In some countries such as Germany and Japan banks are the

U.S. Bank - Personal banking including checking accounts, on the web
Find personal banking services you can trust from U.S. Bank, the trusted name in personal banking. U.S. Bank offers checking account information, on the web banking, phone banking

Banking
Banking press and news releases Commercialbank gets 40% in UAB; Commercial Bank of Qatar said that its shareholding in United Arab Bank has reached 40%

Wachovia Banking
Free checking accounts and savings accounts are available at Wachovia. Visit the Wachovia Banking Center online to find checking, savings, credit card, and debit card accounts.

Financial Supervisory Commmission, Executive Yuan-Banking in Taiwan
FSC issues “Directions for Disposal of Non-performing Loans by Financial Institutions” (2008/3/18 ) Chunks of Bowa Bank auctioned off (2008/3/18 ) E.Sun Commercial Bank gets

BankingMyWay.com - Banking Forum
BankingMyWay.com grants you to find the ideal CD and money market rates in the nation. Our database has over 350,000 rates from over 20,000 banks, credit unions and other

Share This

Share This

PDQ Back writes to tell us about an email Microsoft sent to former customers of MSN Music today. The company stated it would be turning off the DRM servers used to authorize playback of music bought from the now-defunct MSN Music store. “‘As of August 31, 2008, we’ll no longer be able to support the retrieval of license keys for the songs you purchased from MSN Music or the authorization of additional personal,’ reads the e-mail. This doesn’t just apply to the five different personal that PlaysForSure grants users to authorize, it also applies to operating systems on the same machine (users need to reauthorize a machine after they upgrade from Windows XP to Windows Vista, for example). Once September rolls around, users are committed to whatever five machines they might have authorized — along with whatever OS they’re running.”

Read more of this story at Slashdot.

Share This

Share This

bfwebster writes “Microsoft has lost its appeal to remove class-action status for the ‘Vista Capable’ lawsuit that has already resulted in some embarrassing internal e-mails being released publicly. As Computerworld reports, in its appeal to the US Ninth Circuit Court, Microsoft argued (among other things) that ‘continuing the lawsuit might mean new disclosures of insider e-mails, which could “jeopardize Microsoft’s goodwill” and “disrupt Microsoft’s relationships with its business partners.”‘ Given what’s been released so far (158-page PDF), not to mention Microsoft’s history of rather frank internal e-mails, that’s probably putting it mildly. There could be some interesting reading ahead.”

Read more of this story at Slashdot.

Share This

Share This

Ares writes “In a follow-up to Blogger Subpoenaed for Criticizing Trial Lawyers, Katherine Seidel’s blog indicates that not only has she successfully quashed her subpoena, but the lawyer issuing said subpoena is now under orders to appear and explain why the courts shouldn’t sanction him for it. This should be interesting, because in addition to Ms. Seidel’s subpoena in New Hampshire, the lawyer issued a similar subpoena to a physician and a Harvard professor under similar circumstances.”

Read more of this story at Slashdot.

Share This

Share This

NewYorkCountryLawyer writes “Marshall University, in Huntington, West Virginia, has become just the second US college or university to show the moxie to stand up for its students instead of instantly caving in to RIAA extortion. In February, Marshall, represented by the Attorney General of the State of West Virginia, made a motion to quash the RIAA’s subpoena for student identities, pointing out in exquisite detail in its long-time IT guy’s affidavit (PDF) the impossibility of identifying copyright ‘infringers’ based on the RIAA’s meager evidence. Unfortunately, the Magistrate — under the mistaken impression that the RIAA isn’t going to sue the identified students, but merely wants to talk to them — recommended that the subpoena be okayed by the District Judge (PDF). It isn’t yet known whether Marshall will be filing objections. The first US college or university known to have attacked the RIAA’s subpoena was the University of Oregon, which — also represented by its state’s Attorney General — made a motion to quash last November, and even questioned the legality of the RIAA’s methods. The Oregon motion is still pending.”

Read more of this story at Slashdot.

Share This

Share This

KentuckyFC writes “If you live in the city of Bath in the UK and carry a Bluetooth-enabled device, your movements may have been secretly monitored in an experiment designed to test surveillance techniques in prisons. Researchers from Bath University recorded the movements of 10,000 Bluetooth-enabled devices during their 6-month trial. They say the experiment was a test of a technique for monitoring the interactions between prisoners in jail that could be used to work out which inmates have become closely associated. The work was prompted by revelations that the Madrid train bombers who devastated the city in 2004 first met in a Spanish prison (abstract).”

Read more of this story at Slashdot.

Share This

Share This

Nothing to Declare notes that a California appeals court has unanimously upheld a ruling that border security officers at international airports can search PCs without requiring any specific evidence of criminal activity. The appeal was made by US resident Michael Timothy Arnold, charged with child pornography offenses after an airport search of his notebook PC in 2005. Might want to think hard about what’s on your laptop if you’re going to be passing through a US international airport.

Read more of this story at Slashdot.

Share This

Share This

perlow writes “ZDNet blogger Jason Perlow and Centrify’s Tom Kemp discover that 80 percent of all Microsoft server protocols are un-patented. What exactly then, did SAMBA license? Are Microsoft’s patent and intellectual property threats simply the growls of a paper tiger?”

Read more of this story at Slashdot.

Share This

Share This

palewook writes “A Midwest collection company, Central Collection Bureau, admits a server and eight Computers stolen contain over 700,000 individuals’ personal data. Central Collection Bureau acts as a collection contractor for doctors and utility companies. The Indiana based company admits the stolen info consists of addresses, social security numbers, and medical codes.”

Read more of this story at Slashdot.

Share This

Share This

Filed under: Earnings reports, Press releases, Competitive strategy, Adobe Systems (ADBE), Lockheed Martin (LMT), Economic data, Federal Reserve

Defense contractor Lockheed Martin (NYSE: LMT) posted strong earnings this morning for its first quarter of $1.75 per share, well ahead of the $1.63 analysts had been expecting.

Looking at the quarter’s revenue figures, we see a nice year-over-year jump, climbing to $9.98 billion from $9.28 billion. In addition, the company lifted its full-year earnings forecast by 10 cents to $7.15 to $7.35 per share.

The company had good earnings, and lifted full year estimates, so why is the stock falling in today’s action? It could be in reaction to the fact that the company’s biggest division, its jet business, showed a drop in sales in the period. During the quarter, this business fell since Lockheed is in the middle of a transition from its older fighter jets to newer models such as the F-35 and F-22.

The rest of 2008 should continue to be tough on the company’s jet business, and this is the primary thing that have investors spooked with today’s earnings release. But despite the weakness in its aeronautics division, overall the company put in a good quarter, with increases in its other divisions: electronic systems, space systems, and information systems.

Analysts may also have been looking to see the company boost its earnings forecast by more than the 10 cents that it actually did. In a statement regarding this, the company’s Chief Financial Officer, Bruce Tanner, blamed the recent interest rate cuts that the Federal Reserve has instituted.

In it’s fight to fend off a looming recession, the Fed has been forced to reduce interest rates dramatically this year, and it is assumed that more cuts are on the horizon. The main impact that this has on companies such as Lockheed is the reduction in gains that the company is able to make on its cash holdings. Lockheed, with roughly $3 billion in cash on the books, has definitely noticed the pinch from lower interest rates.

Wall Street has looked past the company’s estimate beating earnings numbers, and pushed shares of the company down a little over 2% so far in early trading.

Michael Fowlkes has worked as a stock trader for seven years and spent the last four years working as an analyst for the on the internet investment advisory service Investor’s Observer.

Share This

Share This