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Sep032013

Servicesource Advances Business With Hr, Finance, And Payroll In The Workday Cloud









Finance Tue, Sep 3, 2013, 9:19 AM EDT - U.S. Markets open in 11 mins. Abu Dhabi Islamic Bank Hires Ethica for Islamic Finance Training Abu Dhabi Islamic Bank hires Ethica Institute of Islamic Finance for online training and award-winning certification. Press Release: Ethica Institute of Islamic Finance 5 hours ago Print DUBAI, United Arab Emirates, Sept. 3, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Abu Dhabi Islamic Bank, one of the world's largest Islamic financial institutions, today announced hiring Ethica Institute of Islamic Finance , the leader in Islamic finance training and certification, to deliver its online Islamic finance training certificate (CIFE) to its senior leaders and their deputies. Mohamed Abbas, Head of Training at ADIB Egypt said, "After looking at all our options, Ethica came away as the clear choice for bank-wide Islamic finance training . They had already won us over with their cost advantage; what secured their place as our top choice was the superb First Financial quality of their online training and certification." ADIB was named 'Best Islamic Bank' by Business Banking and Finance Magazine for two consecutive years. Ethica's spokesperson said, "Banks are slowly coming to the realization that 3 day crash courses are expensive and ineffective. Banks now realize that learners want self-paced learning, 365 days a year. It saves banks money and teaches bankers how to do their jobs properly." Hiring Ethica brings ADIB year-round, 100% online Islamic finance training and certification in Egypt as well as a back-end dashboard allowing managers to monitor learner progress each week.








When ServiceSource went public in 2011, it was operating multiple systems across HR, finance, and payroll, with three independent business processes for North America, Asia, and Europe. To keep pace with fast growth and the requirements of being a public company, ServiceSource needed an enterprise system that could easily scale, adapt quickly to changes, standardize business processes across the globe, and provide greater transparency into the organization. With Workday, all company locations are now using the same processes while meeting local requirements for compliance. And, with one system of record, all departments are working with consistent HR, financial, and payroll data, driving greater efficiencies and increasing worker productivity. HR and Finance Shift From Tactical to Strategic With built-in analytics capabilities and automated workflows, Workday's unified system has enabled ServiceSource to simplify administrative processes, such as business process routing and approvals, to focus more on analyzing data for strategy and problem solving. These analytics capabilities are empowering finance professionals to focus more on activities that move the company forward, such as analyzing revenue and spend for insights into profitability and areas for cost savings, instead of tactical tasks such as confirming transactions with other departments.




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Sep032013

Finance Chairman Set To Take Helm Of Nh Senate









RELATED NEW DELHI: There seems to be no let up in the show of BJP's sympathy for President Pranab Mukherjee in view of the suggestion from certain quarters that some of the decisions he took as finance minister between 2009 and 20011 contributed to the worsening of the www.firstfinancialuk.com fiscal deficit. BJP leaders on Friday expressed solidarity with the President in view of what they called "unfair insinuation" that his decisions worsened the fiscal deficit, when they called upon him in connection with their demand for early polls. Sources in the BJP said the expression of support led Mukherjee to say that the fiscal expansion being ascribed to him, in fact, predated his tenure in the finance ministry, adding that former finance minister Yashwant Sinha would bear him out. The BJP delegation, comprising party veteran L K Advani, leaders of opposition Sushma Swaraj and Arun Jaitley and former party chief M Venkaiah Naidu, Sinha and others, broached the topic soon after the principal opposition had taken up cudgels for the President in Rajya Sabha. Coming out in support of the President, Jaitley had objected to the blame for the jump in fiscal deficit being heaped upon those "who are not here to defend themselves", stressing that the gap between government's spending and income started widening in 2007 when the government launched schemes as part of Congress's preparations for 2009 polls. On Friday, former finance minister Sinha strongly supported the President's purported contention that the expansion of fiscal deficit was a reality before he took charge of the finance ministry. Recalling that Mukherjee moved into the finance ministry on January 24, 2009, Sinha stressed that the two supplementary demands - in October and January 2008 had resulted in a net cash outgo of Rs 147,000 crore.








"There's no text book on how to run the Senate presidency," he said. He doesn't expect to make many changes but wants to talk to people after Tuesday's vote about issues including whether New Hampshire should expand Medicaid to an estimated 49,000 poor adults and where to find revenue for highway improvements. Morse was a co-sponsor of a casino gambling bill this year that earmarked some funding for highway improvements. The bill passed the Senate but died in the House. The House instead passed a bill phasing in an increase in the gas and diesel tax for road fixes. "I'm still totally opposed to the gas tax. I think it will stall the economy," Morse said. That could affect Sen. Jim Rausch 's plan to file legislation raising the gas tax to pay for highway improvements. As Senate president, Morse will have the power to decide whether the Senate will consider a gas tax increase since the chamber voted not to consider bills similar to the tax hike passed by the House.




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Sep032013

Report: Ge To Spin Off Consumer Finance Business









See also delay times for other exchanges . Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page . Quotes First Financial are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein. Fundamental company data provided by Capital IQ .




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Sep032013

Real-world Applications Of Behavioral Finance









But that does not mean future Egyptian governments will abandon the idea. In the past year, governments and companies in the Gulf and Turkey have stepped up sukuk issues, tapping large pools of Islamic funds whose demand for sharia-compliant instruments has exceeded supply. To help replenish its foreign exchange reserves and bridge its huge state budget deficit, Egypt will remain http://www.firstfinancialuk.com under strong pressure to follow suit - especially since the Gulf has become increasingly important to the Egyptian economy. Saudi Arabia, the United Arab Emirates and Kuwait have become Egypt's main financial backers since Mursi was deposed, pledging $12 billion in aid. Any revival of foreign investment in Egypt is expected to depend heavily on the Gulf. Finance Minister Ahmed Galal told reporters last month that the interim government had no problems in principle with using sukuk, but would not make them its principal instrument. While post-Mursi governments are likely to promote Islamic finance less aggressively than the Muslim Brotherhood, they may regulate it more efficiently - most types of economic policy-making under Mursi were marred by political bickering and bureaucratic logjams.








Sentiment Analysis One tool fund managers use to capitalize on investor irrationality is market sentiment analysis. Instead of using quantitative methods of evaluating the market, companies such as MarketPsych and Lexalytics mine the news and social media to evaluate trends in the market. Fund managers can then use the information to help determine market attitudes towards certain companies and use this information to locate mispriced assets. Expert Analysis Katsuhiko Okada, Kwansei Gakuin University Institute of Business and Accounting and CEO of Magne-Max Capital Management, uses behavioral finance principles to make investment decisions: Our fund aims to capture Japanese Investor psychology through text-mining the media sentiment in the market. We obtain massive textual data from the news media as well as social media such as Message boards and Twitter. In order to decompose the Japanese text into to an analyzable format, we use technologies developed in the area of Informatics, specifically Natural Language Processing (NLP) area. We then create a dictionary of words defining sentiment.




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Sep032013

Wharton-habitat Housing Finance Course At Asia-pacific Housing Forum









9, 2012, Gutschenritter sent all the Finance Committee members an email with his comments on the warrant article, writing, "I welcome all comments and suggestions either prior to or at tomorrows meeting." On Sept. 10, 2012, Finance Committee member Cherry Karlson sent the committee members two emails with comments on the proposed warrant articles for the Town Meeting. "Although these exchanges concerned documents to be discussed at a future meeting the warrant articles the members expressed opinions about the substance of those documents," wrote Assistant Attorney General Jonathan Sclarsic of the Division of Open Government. "This action should have been taken during an open session." In addition, the Finance Committee violated the Open Meeting Law by failing to respond to Harris complaint, even after the AGs office gave the committee a one-month extension. The AG ordered http://www.firstfinancialuk.com the Finance Committees future compliance with the law, and cautioned that future similar violations may be considered an intentional violation of the law. The committee must also publicly release the emails in question. Last month, Harris received a split decision from the AGs office in OML complaints he filed against two Wayland boards. Harris complained the Board of Selectmen and Wayland Surface Water Quality Committee were not specific enough in notices for meetings in August and September 2012, in addition to complaining the latter committee did not follow procedure for remote participation by a member. Sclarsic wrote that the Wayland Surface Water Quality Committee violated the Open Meeting Law, but the Board of Selectmen did not. After another complaint by Harris, a Middlesex Superior Court judge stated in late May that the Board of Selectmen should not have gone into executive session on July 8 and 26, 2010, to discuss Town Center developer Twenty Waylands lawsuit against the Wayland Historic District Commission. The law firm Kopelman & Paige will be conducting a training course on the Open Meeting Law for Wayland board members on Thursday, Sept.








The ombudsman had recently ordered the finance secretary to restore the 50 per cent commuted pensions with all the increases announced by the government for retired officials. The Finance Department then observed that under Section 11(2) of the Punjab Office of the Ombudsman Act 1997, they could not comply with the directions as the matter lay outside of his purview. The department further observed that under Section 9(1) (a) of the law, the ombudsman could not investigate any issue that was being heard in a court of competent jurisdiction. The matter, it said, was before the Supreme Court of Pakistan after it granted leave to appeal for reconsideration in the light of the Punjab governments stance. The department said that the ombudsman was barred from inquiring into any matter pertaining to the terms and conditions of services. As the issue of pensions fell in that domain, it fell outside the ombudsmans jurisdiction. Such matters were exclusively dealt with by the Punjab Services Tribunal. According to the department, the ombudsman could only investigate and inquire into matters pertaining to maladministration by departments and government agencies.








That asset total had dropped to $391 billion by the second quarter, according to Martin. Immelt said in May that the company still planned to expand GE Capital's core business, which is commercial lending. He also told his audience that capital markets were receptive to IPOs. GE's stock has climbed nearly 11 percent so far this year. @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices Copyright/IP Policy Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges .








The event is the leading platform for advocating affordable housing solutions and decent shelter for low-income families, and was last held in the Philippine capital in 2009. It brings under one roof, public, private and people sector stakeholders engaged in seeking solutions to poverty housing issues. "Our Forum has gained considerable traction over the years. Like a 'Davos of poverty housing', it is an incubator for leading minds to offer creative solutions to address housing issues in Asia-Pacific. One in eight still lives in a slum in the region; so there is tremendous scope for collaboration between governments, businesses and civil society to improve the situation," said Rick Hathaway, Vice President for Asia-Pacific, Habitat for Humanity International. He added: "The traditional approach to tackling poverty housing by simply building more homes is one dimensional and limiting. Solving the problem requires addressing affordability of housing finance, climate change and disaster resiliency, land rights inequality, infrastructure planning, basic services provision, sustainable livelihoods, and adoption of green solutions. These are touch points that will be up for discussion at the forum." Among the confirmed participants are key policy makers, business titans, and thought leaders from humanitarian agencies and research institutions. They include Jejomar Binay, Philippine Vice President; Alicia Bala, Deputy Secretary of ASEAN; Senator Loren Legarda, member of Philippine Senate; Henry Cisneros, former US Housing Secretary and Founder/Chairman of CityView; Nestor Espenilla, Deputy Governor, Bangko Sentral ng Pilipinas; Mr. Askaran K. Agarwala, Director, Aditya Birla Group; Vikram Gandhi, Founder/CEO of VSG Capital Advisors; Kevin Lim, CEO of First Finance; Suresh K.




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