While it is discretionary for the recruitment professionals in today’s job market to forward resumes to internal managers as they please, we Risk...

Merrill Lynch Retail HOLDR (RTH)- The investment seeks to diversify your investments in the retailing industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The trust holds securities issued by specified companies that, when initially selected, were in the retailing industry. Except when a reconstitution...

A team of proprietary traders, led by Daniele Benatoff and Ariel Roskishas, at Goldman Sachs (GS) are leaving the investment bank to set up a new hedge fund, sourced a $300 million investment from Brummer & Partners. Brummers & Partners, a European hedge fund, is believed to have been responsible for providing the capital to help fund the new launch. The news arrives...

Stryker Corp. (SYK)- Stryker Corporation, together with its subsidiaries, operates as a medical technology company worldwide. The company operates in two segments, Orthopaedic Implants and MedSurg Equipment. Its share advanced 3.18 percent to $56.44 in aftermarket trading hours. The company forecasts adjusted earnings in 2011 of as much as $3.73 per share against...

B2B Internet HOLDRs (BHH)- The investment seeks to diversify your investment in the B2B segment of the Internet industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The trust holds shares of common stock issued by specified companies that, when initially selected, were involved in the B2B segment...

Standard Life SL (SL), savings and investments giant, has agreed to buy financial software consultancy company Focus Solutions Group (FSG) for $65.8 million, in a deal the UK insurer said would boost its customer services. Focus Solutions Group (FSG) is a provider of software and consultancy solutions to the financial services industry that enables clients to automate...

South Korea’s Hana Financial Group Inc (HNFGF), South Korea’s fourth-largest financial services group by assets, plans to announce its acquisition of a 51 percent stake in Korea Exchange Bank (004940.KS) worth about $4.1 billion from U.S-based private equity firm Lone Star Funds. Lone Star Funds bought a 51 percent stake in KEB in late 2003 when the bank was...

Goldman Sachs Group (GS) plans to pull $120 million from Philip Falcone‘s main hedge fund, Harbinger Capital Partners LLC, due to lagging returns and the revelation that Falcone borrowed money from a smaller fund that had suspended client redemptions. Falcone’s Harbinger Capital Partners LLC has lost 15% as of mid-October and investors have voiced concerned...

American International Group Inc’s (AIG) Asian life insurance business, AIA Group Ltd (AIA) is aiming to raise up to $20.5 billion, including a rare upsize option, by listing AIA on the Hong Kong stock exchange. It has been reported in the press that IPO of AIA will likely value the unit between $28.5 billion and $30.5 billion, and could raise more than $15 billion...

XEROX CORP (XRX)- Xerox Corporation engages in the production and sale of document systems and services for businesses. It offers a range of color, and black-and-white multifunction devices; and printers, copier fax products, and document related software solutions. The company also provides business process and information technology outsourcing services comprising claims...

Dutch electronics giant, Royal Philips Electronics NV (PHG) nominate Restructuring expert, Frans van Houten, a former head of the company’s semiconductor division, as the new chief executive officer,  to boost profitability at its healthcare and consumer electronics divisions. He was CEO of NXP when Philips spun it off in 2006 and stayed until 2008. Van Houten will...

Ajay Banga has been appointed as the chief executive officer (CEO) of electronic payment services provider MasterCard [[MA]]. During a press conference Monday, Banga said his focus will be on MasterCard’s global growth. He said by emphasizing local markets, the payments processor can take advantage of its worldwide reach. “Local presence and local thinking...

Navigant Consulting [[NCI]] provides numerous services through its three business segments: North American Dispute and Investigative, North American Business Consulting and International Consulting. Navigant Consulting is a specialized, international consulting firm combining deep industry expertise and integrated solutions to assist companies and their legal counsel in...

There are thousands of accounting software packages in the marketplace today. Each one of these packages offers unique features and capabilities that are to be commended, admired, and sometimes applauded. In my opinion, there are only a  handful of accounting software solutions available today that offer a proven and complete solution for this market. All products are...

Fitch Ratings downgraded debt ratings for Harley-Davidson Inc. and its lending arm on Friday because of a drop in motorcycle shipments this year and questions about whether the slowdown will continue into 2010. Fitch lowered the long-term issuer default rating and senior unsecured debt to “BBB+” from “A-” for both Harley and subsidiary Harley-Davidson...

Global insurance and financial services provider American International Group (AIG) has resumed talks with rival MetLife to sell its foreign life-insurance unit American Life Insurance Company (ALICO). The sale of American Life Insurance Company (ALICO) may fetch over $15 billion. AIG is presently in the process of consolidation by selling assets and spinning off some...

Bank of America (BoFa) needs $34 billion of new capital according to the stress tests, say well-informed sources. The results of the tests will be published tomorrow. The 34 billion dollars is three times more than expected. A possible $34 billion capital shortfall would mean problems for managing director Kenneth Lewis, who recently had to give up his position as president...