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Siemens appoints finance chief Kaeser as CEO

2013-07-31 16:10:41| Telecom - Topix.net

Siemens has appointed finance chief Joe Kaeser as its new chief executive, handing a manager with over 30 years' experience at the industrial conglomerate the task of improving its fortunes after missed profit targets led to the departure of predecessor Peter Loescher.

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Technology is Key to the Future of Auto Finance

2013-07-31 00:01:49| AutomotiveDigest.com - Automotive Industry News

The Issue: With a sustained, healthy recovery in the auto lending market from pent-up demand, favorable interest rates, a rebound in leasing, and overall growth in the nonprime segment there is ample opportunity for auto finance participants. At issue: how do auto lenders continue to capitalize on positive market changes? Kevin Collins, President of Lending Solutions, Fiserv, shares his ideas on what auto lenders should be doing now that the economy promises more opportunity for growth. [Read more]The Article Technology is Key to the Future of Auto Finance appeared first on Automotive Digest.

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Can Finance Leaders Make Good CIOs?

2013-07-24 18:32:32| Auto Parts - Topix.net

A. Schulman, a $2B manufacturer in Akron, OH has just appointment Donald "Mickey" McMillan as CIO.

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European Investment Bank Will Not Finance Most Coal Power Stations

2013-07-24 17:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: The European Investment Bank (EIB), the main lending arm of the European Union, has decided to stop financing most coal-fired power plants, part of an effort to help the 28-nation bloc meet ambitious greenhouse gas reduction targets by 2030. The EIB says that new and refurbished coal-fired power stations will be ineligible for funding unless they emit less than 550 grams of carbon dioxide per kilowatt hour, a standard that traditional coal power plants would be unable to meet. Power stations that...

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KKR to finance $3.9 billion Gardner Denver deal at record low rates

2013-07-24 04:17:46| Industrial Machines - Topix.net

The S&P 500 snapped a four-day winning streak on Tuesday and pulled back from Monday's record closing high, while healthy earnings from United Technologies gave the Dow a slight lift.

Tags: low record rates finance

 

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