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DiversionsBusiness News    July 29, 2010
Top Business News Minimize
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Banking News Minimize
Bank Indonesia Sets New Loan-to-Deposit Ratio In Push to Spur Lending and Growth
Citi To Pay $75M Over Subprime Exposure Claims
Wachovia Ducks 2 Claims In $15M Lehman Loss Suit
BNP hires ex BofA executive Innes for equity sales
Corrected: Citigroup to pay $75 million to settle SEC charges
Co-op bank chairman, two others get contempt notice
For Crittenden, a Bad Time to Be at Citigroup
Citigroup to pay $75m in SEC pact
Lightning Round: Ciena, Citigroup, Teva Pharma and More
Metro Bank opens its doors (29-7-10)
Macquarie expects weaker investment bank, securities earnings
Exiled Businessman Warns Interfin Over Its Takeover of Disputed Bank
U.S. Bancorp Announces Strategic Alliance with Nuveen Investments
Bank M&A: Will FinReg Light a Fuse?
Vestra Recruits Two Senior Staff From UBS
Investors lost N1.5trn in rescued banks Sanusi
ICBC confirms rights offer while ABC exercises greenshoe
BBVA Compass Renews Fiserv Multi-Year Contract for CheckFree RXP Online Bill Payment Solution
First Financial Bancorp to Announce Second Quarter 2010 Financial Results on Tuesday, August 3, 2010
First Bancorp Reports Second Quarter Results
Federal Home Loan Bank of Seattle Announces Second Quarter 2010 Preliminary Operating Highlights
Deutsche Bank Markets $350 Million Garrison CLO Boosting Return
AdvisorShares Selects BNY Mellon Asset Servicing to Support ETF Short Positions
International Finance Bank (IFB) Selects Lightning Safekeeping Solution From SS&C's Technologies
Fiserv Solutions Selected To Power Westpac Group Online Transformation Program

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Small Business News Minimize
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Law News Minimize
Linklaters mourns death of London associate
New York Attorney General Subpoenas MetLife, Prudential Financial Over Fraud Probe – Shares Mixed
United States: The Dodd-Frank Wall Street Reform and Consumer Protection Act - Mayer Brown
United States: Changes to Accredited Investor Standard - Mayer Brown
United States: Department of Labor Amends QPAM Exemption, Imposes Additional Conditions for Management of In-House Plans - Mayer Brown
Attorney General to review 'happy-slap' sentence
United States: Potential Actions Against an Auditor When a Bank Fails - Mayer Brown
United Kingdom: When Misconduct Arises, Think of the Consequences - Mayer Brown
Gulf Coast Residents File Personal Injury Suit Over Oil Dispersant
Former Morgan Crucible CEO Found Guilty of Conspiracy to Obstruct Justice
Judge OKs Law Requiring Pornographers to Keep Age Records
Non-Client Can't Attack Joint Representation, Court Rules
Sonnenschein Settles Fee Dispute With Ex-Client Who Lost Money With Madoff
Sexual Harassment Trial Pits Paralegal Against Calif. Lawyer
N.Y. Governor Committed No Crimes in Response to Assault Accusation Against Aide, Says Judge
Former Client's Suit Against DLA Piper Removed to Federal Court
United States: Tip of the Month: Managing the Risks and Costs of Preserving and Producing Structured Data from Databases - Mayer Brown
United States: United States Institutes New Rules on Exports of Encryption Products - Mayer Brown
United States: Massive Whistleblower Incentives Included in New Wall Street Reform Law - Mayer Brown
United States: SEC Adopts Amendments to its Investment Adviser Registration Form (Part 2 of Form ADV) - Mayer Brown
US Attorney General Hopes for Fair, Free Egypt Vote
READ Global, in Partnership with the Community of Ura and the Global Law Firm, Linklaters, Inaugurates the First Community-Owned Library in Bhutan
Gibson Dunn Reps Playdom In $563M Sale To Disney
BizLawCentral: US Treasury's guidance on lawyer's fees in blocked funds cases
Attorney General Holder at the African Union Summit

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Job Market News Minimize
Cuts put 68,000 construction jobs at risk
Goldman staff told to cut the cr*p
Bhutan is working on teacher recruitment for rural schools
Pay-off or lay-off: HP calls on 700 staff to heed redundo plea
Danka Opts for IEX's TotalView Workforce Management System
US stocks surge on falling jobless claims
Bangladesh fixes minimum wage for garment workers at Tk 3,000
GAO-10-774, Defense Acquisitions: DOD Needs to Develop Performance Criteria to Gauge Impact of Reform Act Changes and Address Workforce Issues, July 29, 2010
Goldman tells staff to cut the crap
Widespread job cuts at the major telecommunications provider in Atlantic Canada have been avoided with a tentative deal that includes a three-year wage freeze, union officials say.
Why you should help your employees work from anywhere
Minimum wage for workers in Bangladesh raised after protests
Devon contractor Beale & Cole in administration with 118 job losses
Duncan Smith shakes up benefits in bid to cut costs and increase job incentives
City Colleges to lay off 225
Initial jobless claims drop to 457,000
Bangladesh Doubles Minimum Wage for Apparel Workers
US unemployment claims fall, but still elevated
Whole Foods to cut 59 jobs at Austin DC
Crude tops US$78 a barrel as better earnings, fewer jobless claims raise hopes
Cleveland Heights forced to lay off three firefighters, demote two lieutenants
Summary Box: Initial jobless claims drop
US initial jobless claims fall to 457,000
Jobless Claims Drop By 11,000
First-Time Jobless Claims At 457K

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StockWatch Minimize
Upbeat UK corporate earnings lift FTSE 100
Imperial Oil reports Q2 profit of $517 million, up from $209M a year ago
Siemens Q3 beats forecasts as markets recover
Symantec more than doubles first-quarter profit, but revenue flat
Lubrizol Q2 Profit Rises, Tops Estimate; Raises FY10 EPS View - Update
Cyalume Technologies Holdings, Inc. Invites You to Participate in Its 2nd Quarter Ended June 30, 2010 Earnings Conference Call and Webcast
HCL Tech rises 2% on Q4 results
Travis Perkins resumes dividends
Engineers India IPO subscribed almost 12 times
Wind Powers Up ASMC Earnings
Sony surprises with Q1 profit, raises outlook
Cleco Corp. Declares Regular Common and Preferred Dividends
Shopper's Stop Q1 net profit up at Rs.10 crore
United Bancorp, Inc. Reports an 4.3% Increase in Earnings for the Quarter Ended June 30, 2010
UPDATE 2-Cenovus Energy shares drop as earnings disappoint
Strong Earnings Announced by County Commerce Bank for 2nd Quarter 2010
Cadila Healthcare first quarter net profit surges by 60% to Rs 199 crore
Diebold posts lower 2Q, starts review of unit
Earnings Watch: Gulf Island Fabrication's financial results due out later today
Centrix Bank Reports Year Over Year Earnings Growth in Second Quarter 2010
Bank of Santa Clarita Reports Second Quarter 2010 Results with Continuing Strong Earnings and Credit Quality
Equinet keeps Lufthansa's "buy" rating, EUR 14.50 price target after Q2 numbers
Canada deal sparks Zolls Q3
GeoResources, Inc. Announces Second Quarter Earnings Conference Call Scheduled For August 5, 2010, at 11:00 a.m. Central Time
Makemytrip sees IPO of 5 mln shrs at $12-$14/shr

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