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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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REPEAT: BMO Nesbitt Burns’ Psychology of Taxes Study: Canadians File Their Taxes Because It Is "The Right Thing to Do"

Category : Stocks, World News

- Civic pride: 52 per cent report that they file because it is “the right thing to do”

- Ninety-four per cent of Canadians say they file a personal income tax return each and every year

- Of those who do not do a tax return, one-in-four admit they are too busy to do so

- BMO: Filing taxes annually could maximize refunds and help avoid penalties and interest charges

Read more: REPEAT: BMO Nesbitt Burns’ Psychology of Taxes Study: Canadians File Their Taxes Because It Is "The Right Thing to Do"

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Media Advisory: Coalition Declares April 9 Equal Pay Day

Category : World News

TORONTO, ONTARIO–(Marketwired – April 9, 2013) - The Equal Pay Coalition is declaring April 9 Equal Pay Day and is launching a province-wide campaign to close Ontario’s 28 per cent pay gap between men and women.

The rest is here: Media Advisory: Coalition Declares April 9 Equal Pay Day

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Victory Resources Corp. (VRCFF: OTCQX International) | Results of Annual General and Special Meeting

Category : Stocks, World News

< ?xml version="1.0" encoding="UTF-8"?>

Results of Annual General and Special Meeting

PR Newswire

VANCOUVER, March 20, 2013

Symbol:-TSX-V:VR

OTCQX:VRCFF

VANCOUVER, March 20, 2013 /PRNewswire/ – VICTORY RESOURCES CORPORATION (the “Company”) is pleased to announce the results of the annual general and special
meeting (the “Meeting”) of shareholders that was held on March 18,
2013
.

19,180,849 votes were cast by proxy for a total of 25.4% of the
Company’s issued and outstanding share capital, giving Management
almost unanimous support for all resolutions presented.

At the Meeting, Company shareholders re-elected as directors Messrs.
Wally Boguski, Laurence Sookochoff, Paul Lee and Alphonse Ruggiero.

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REPEAT: BMO St. Patrick’s Day Study: Irish Eyes Are Smilin’ When You’ve Mastered Investing Basics

Category : Stocks, World News

- More than 40 per cent of Canadians admit they are not confident investors

- Only 16 per cent are very familiar with their specific investments

- BMO: Successful investing does not necessarily require ‘Luck O’ the Irish’

Visit link: REPEAT: BMO St. Patrick’s Day Study: Irish Eyes Are Smilin’ When You’ve Mastered Investing Basics

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Alexander Energy Ltd. Increases Oil Weighting to 61% of Reserves and Replaces 169% of Production in 2012

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwire – March 4, 2013) – Alexander Energy Ltd. (TSX VENTURE:ALX), (“Alexander” or the “Company”) announces that at December 31, 2012 Alexander’s estimated proved plus probable reserves were comprised of 61 per cent oil and natural gas liquids and 39 per cent natural gas, and the Company replaced 169% of 2012 production on a proved plus probable basis.

The Company had the following increases in the 2012 reserves evaluation from the 2011 reserves evaluation:

See more here: Alexander Energy Ltd. Increases Oil Weighting to 61% of Reserves and Replaces 169% of Production in 2012

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REPEAT-BMO Annual Post-RRSP Deadline Study: Almost Two-Thirds of Canadians Made a Contribution This Year

Category : Stocks

- Sixty-three per cent have made or planned to make a contribution to their RRSP before the March 1st deadline, up from last year

- Average contribution amount was $3,544, down $1,100 from last year

- Psychology of Saving for Retirement: sense of responsibility was top motivator for making an RRSP contribution this year

- Many of those expecting a tax refund plan to save or invest the money or put it towards bills

Link: REPEAT-BMO Annual Post-RRSP Deadline Study: Almost Two-Thirds of Canadians Made a Contribution This Year

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Ryanair makes 9% flight cut threat

Category : Business, World News

Airline Ryanair says it plans to cut the number of flights from Stansted Airport by nine per cent.

Read more from the original source: Ryanair makes 9% flight cut threat

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Bankia results confirm worst ever losses

Category : Business

Spanish bank has published its country’s worst results yet, giving investors a share value close to zero

Spain’s answer to RBS – Bankia – published the worst results ever seen by a Spanish corporation, racking up 2012 losses of €19.2 bn (£16.6bn) as the nationalised bank drowned in a sea of toxic real estate left over from the country’s burst housing bubble.

The figures confirmed the dire fortunes of a bank formed out of a merger of seven of Spain’s ailing savings banks in 2010 as the government made a futile attempt to save them from disaster. Client flight during 2012 helped bring a 13% fall in total deposits.

Bankia became the focus of Spain’s banking crisis last year after auditors refused to sign off on the accounts presented by company president Rodrigo Rato, a former finance minister from prime minister Mariano Rajoy’s People’s party (PP) and one-time head of the International Monetary Fund. It is now taking €18bn in bailout funds from the country’s Frob bank restructuring fund, which had to borrow the money from the eurozone’s bailout fund as part of a €40bn rescue of several struggling banks.

Just months before being nationalised in May Bankia had been reporting €309m in profits for 2011. That figure eventually turned into €3bn in losses.

The bank’s former management is under investigation by the courts, with an investigating magistrate taking evidence in recent weeks from auditors Deloitte and former Bank of Spain president Miguel Angel Fernández Ordóñez. No one has yet been charged in the case.

Press reports suggested that holders of Bankia shares –which were sold aggressively to the bank’s own retail customers as it desperately tried to raise money in 2011 – will see their investment virtually wiped out.

The Frob fund has denied reports that, under pressure from the eurozone’s bailout funds, it is to give them a value close to zero.

Reuters reported that Brussels officials believe the shares, worth 29 cents on Thurs day, should be valued at just one cent each. Spain, according to the same report, is fighting for a 10 cent valuation. Retail clients bought the shares for €3.75.

Bankia has now dumped its toxic real assets in the government-backed Sareb “bad bank”, which received €37bn of assets from four rescued banks in December.

Sareb is now set to receive about €15bn of assets from four more banks, confirming its position as one of Europe’s biggest holders of real estate.

Bankia took provisions of €24bn in 2012 and insisted that the cleanout would enable it to return to profit this year.

“We start 2013 from a solid position, with a clean balance sheet, good solvency levels and an excellent liquidity situation. Our challenge now is to make Bankia a profitable institution that is able to return to society the support it has received,” Bankia boss José Ignacio Goirigolzarri said. “It will be a complex year, a year of challenges.”

Non-performing loans fell to 13% in December – worse than the Spanish banking average of 10.4%. The figure would have been around 15% had it not offloaded property on to the bad bank.

Bankia will be 70% government-owned once it completes the capital increase and must shrink its balance sheet by 60% as a condition of the rescue.

It is cutting 4,500 jobs and plans to raise €8bn by selling its portfolio of stakes in companies such as International Airlines Group – the parent company of British Airways and Iberia. It also plans to sell Florida-based City National Bank within six months.

Draghi pledges ‘monitoring’ of euro

Category : Business, World News

Comments by European Central Bank President Mario Draghi on the euro’s recent strength prompt it to fall more than a cent against the dollar.

Read the original: Draghi pledges ‘monitoring’ of euro

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BMO Study: Two in Five Canadians Open to Being Their Own Boss in Retirement

Category : Stocks

- Forty per cent of Canadians likely to start their own business in retirement

- Top reasons to start a business in retirement include additional income, staying mentally sharp and using it as a hobby

- Retirement savings identified as top funding source for starting new businesses

Read more: BMO Study: Two in Five Canadians Open to Being Their Own Boss in Retirement

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