October 2004 Archive


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Fairfax Financial shares soar

TORONTO - Shares of insurance company Fairfax Financial surged by more than 20 per cent Friday, one day after the company reported a steep third-quarter loss caused by the four hurricanes that swept through Florida this fall.


iFast Financial

iFast runs a B2C online fund supermarket for retail clients and a B2B platform for financial advisors and other small institutions in Singapore.


Net financial drain

NEW YORK -- The bell continues to toll for 24/7 financial news, with CNN announcing Thursday that niche network CNNfn will cease operation in mid-December after nearly a decade on the air.


Wells Financial planning to go private

Wells Financial Corp. plans to go private by withdrawing its shares from the Nasdaq stock market. Wells aims to delist itself by buying back about 150,000 of its outstanding shares and reducing the number of registered stockholders to fewer than the 300 required for a stock market listing.


SimpleTech to Present at AeA Classic Financial Conference

SANTA ANA, Calif., Oct. 29, 2004 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq (NASDAQ: news ) :STEC) -- a technology leader in the design, development, manufacturing and marketing of DRAM- and Flash-based memory solutions, announced today that Manouch Moshayedi, chief executive officer and chairman; and Dan Moses, the company's chief financial


CNN Will Close Financial News Channel

CNN Will Close Financial News Channel New York Times - Oct 28 8:10 PM CNN announced that it would shut down its CNNfn cable channel next month, abandoning its nine-year-old effort to create a financial news competitor to CNBC.


IGM Financial reports Q3 net income of $159M down from $160.5M year ago

WINNIPEG (CP) - IGM Financial Inc. reported a small drop in third quarter profits compared with a year ago, despite higher fee and investment income.




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