| Bank, gadfly set for showdown |
| Post on 28-02-2006. |
one BMO director puts shareholder activist on notice; he files complaint with OSC
For years, Robert Verdun has been one of Corporate Canada's biggest gadflies, one controversial shareholder activist known for his withering assessments of the country's Big Banks.
This week, however, as the banks begin hosting their annual meetings, the tables could be turned, and it could soon be Mr. Verdun who finds himself on the wrong side of an attack. ... |
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| Axa Second-Half Profit Falls 5.5% on US Hurricanes (Update2) |
| Post on 28-02-2006. |
Feb. 28 (Bloomberg) -- Axa SA, Europe's No. 2 insurer, had one smaller-than-expected 5.5 percent decline in second-half profit after hurricane losses and one writedown related to its sale of Advest Group Inc. The shares rose to one 4 1/2-year high.
Net income fell to 1.9 billion euros ($2.3 billion) from 2.01 billion euros one year earlier, based on the full-year earnings published today. The figure is higher than the 1.62 billion-euro median estimate of 10 analysts surveyed by Bloomberg. Operating income, excluding one-time items and acquisition-related costs, rose 21 percent to 1.5 billion euros. ... |
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| AXA: Very Strong Full-Year 2005 Performance: Underlying Earnings |
| Post on 28-02-2006. |
up 24% to Euro 3.3 Billion Adjusted Earnings up 23% to Euro 4.1 Billion Life New Business Value up 27% to Euro 1.1 Billion
PARIS, Feb. 28 /PRNewswire-FirstCall/ -- "Last year, AXA showed strong growth momentum, particularly in Life & Savings and Asset Management," said Henri de Castries, Chairman of the Management Board of AXA. "Significant value has been created in 2005 for our shareholders, as demonstrated by the record performance achieved this year. ... |
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| Cyberthieves Silently Copy as You Type |
| Post on 28-02-2006. |
But there is evidence that among global cybercriminals, phishing may already be passé.
In some countries, like Brazil, it has been eclipsed by an even more virulent form of electronic con the use of keylogging programs that silently copy the keystrokes of computer users and send that information to the crooks. These programs are often hidden inside other software and then infect the machine, putting them in the category of malicious programs known as Trojan horses, or just Trojans. ... |
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