Mass. House Helps Make Insurance Cheaper For Women
Thursday, July 24, 2008 (190 reads)
A pair of gender-based bills got a green light from the House this week, as lawmakers approved one bill that would require gender-blended pricing of annuities, and another that would get rid of similar pricing for life insurance. In both cases, women will pay lower rates.
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Benjamin Franklin Bank Q2 Up 45 Percent
Thursday, July 24, 2008 (203 reads)
Benjamin Franklin Bancorp of Franklin, the holding company for Benjamin Franklin Bank, reported a 45 percent increase in second quarter net income year-over-year, to $1.2 million from $829,000 last year.
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‘TD Bank’ Ends Commerce Name Game
Wednesday, July 23, 2008 (646 reads)
TD Bank, America’s Most Convenient Bank – that’s the new name TD Banknorth and N.J.-based Commerce Bank agreed upon Wednesday in place of the previously announced “TD Commerce Bank,” which faced a lawsuit.
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Sovereign Down In Q2, Up Year-To-Date
Wednesday, July 23, 2008 (245 reads)
Sovereign Bancorp, the Pennsylvania-based parent company of Sovereign Bank which operates executive offices in Boston, has reported net income of $127.4 million in the second quarter, down 13.6 percent compared to the second quarter of 2007.
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Boston Properties Down 22% In Q2
Wednesday, July 23, 2008 (230 reads)
Boston Properties, a real estate investment trust, has reported net income available to shareholders was $79.5 million for the quarter compared to $102 million for the same period last year, which is 66 cents per share this year compared to 84 cents per share in 2007.
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Central Bancorp Up 43% In Q2
Wednesday, July 23, 2008 (181 reads)
Central Bancorp of Somerville has reported a 43 percent increase in net income for the second quarter compared with the same period last year.
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Westfield Bank Up 10.5% In Q2
Wednesday, July 23, 2008 (166 reads)
Westfield Financial, the holding company for Westfield Bank, has reported a 10.5 percent increase in net income for the second quarter of the year.
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Wachovia Loses $8.86B, Slashes Jobs
Tuesday, July 22, 2008 (483 reads)
Wachovia Corp., the fourth-largest U.S. bank, on Tuesday posted an $8.86 billion second-quarter loss, slashed its dividend and announced 6,350 job cuts after losses tied to mortgages soared.
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