The News Review:
- Cosco Busan oil spill blamed on pilot shipping firm
- Callidus Software Expands SaaS Footprint With Introduction of …
- City National Appoints Richard Gershen to Head Wealth Management …
- Swiss Re To Focus n Asset-Liability Management
- MDA il and Gas Inc. Announces Future Plans and Updates
Cosco Busan oil spill blamed on pilot shipping firm
San Jose Mercury News USA -
At the end of a daylong hearing the five-member board also decided that the large Hong Kong-based company that operates the vessel Fleet Management contributed to the accident by not properly training the crew and captain. The oil spill was the worst in San Francisco Bay since the 1970s fouling the shoreline from Contra Costa County to Half Moon Bay. About 2500 birds were killed and the cleanup cost more than $70 million. Pilot John Cota 60 was responsible for guiding the 901-foot vessel from akland out of the bay on its way to South Korea on Nov. 7 2007 — a job he had done for 26 years.
Callidus Software Expands SaaS Footprint With Introduction of …
CNNMoney.com -
“Companies are increasingly focused on baselining and optimizing theirworkforces and applying targets quotas and rewards to a wider set ofroles that represent key measures for influencing employee behaviors tosupport corporate strategies and objectives. “We are excited to enhance our solution set with the addition of TrueMBand TrueQuota” said Steve Apfelberg senior vice president of marketingand business development at Callidus Software. “These new offerings extendour reach beyond sales performance management to pervasive performancemanagement across an entire company. It is critical for businesses tomanage all employees from a single system to ensure alignment withcorporate objectives. ur pervasive performance management solutionsprovide tools to effectively motivate employees and eliminate complicatedmanual processes.
Related from Guanxithebook: How SaaS hurts a fragile IT economy
City National Appoints Richard Gershen to Head Wealth Management …
MSNBC -
)Gershen who has more than 30 years of experience in asset management and financial services will be responsible for City National Asset Management and City National Securities Inc. the company’s broker-dealer subsidiary as well as the bank’s personal trust and business trust services and its eight majority-owned asset management affiliates. He will lead a team of approximately 500 colleagues. Story continues below ?advertisement |.
Swiss Re To Focus n Asset-Liability Management
CNNMoney.com -
VX) Thursday said it willcontinue to derisk its balance sheet and focus on asset-liability management. In slides available on its Web site the company said that among other thingsit was to invest new cash into lower-risk assets. Swiss Re suffered from heavy write-downs in 2008 due to investments in riskyassets. Also the company said it doesn’t aim to raise an additional 2 billion Swissfrancs ($1. 7 billion) for the time being.
MDA il and Gas Inc. Announces Future Plans and Updates
CNNMoney.com -
(PINKSHEETS: AG) ispleased to announce recent shareholder updates and future projects andplans. As reported in January MDA’s long legal battle with former management maybe nearing an end. With this news on the horizon the company is turningits attention to some new and existing projects as well as exploringalternative business ventures. ne of the many decisions management is addressing regards the PanolaCounty Property. MDA is currently in discussions with several entitiesconcerning this property and is weighing the benefits of commencingdrilling operations on the site versus selling the interest to anothercompany. The recent fluctuations in the price of oil and the costsassociated with drilling operations have created conditions in whichdrilling may not be theclear-cut best choice.