Business and Investing

Posted on Tuesday, 21st June 2011 by Jesse Walker

Cathy, 90, doesn’t ride motorcycles anymore and has turned over control of day-to-day operations at Chick-fil-A to his sons. But he showed up to a lunch Wednesday at the Metro Atlanta Chamber looking tanned.

“I’m planning to be here forever, but I know at some point I’ll probably have to give it up,” he said. Then he cracked a joke: “If you live to 100, there’s a very good chance you’ll live forever. Because very few people die after 100.”

Forbes Magazine estimates Cathy’s wealth at $1.8 billion. Chick-fil-A has annual sales of more than $3.5 billion, with more than 1,500 locations.

In a question-and-session, Cathy touted Chick-fil-A’s efforts to avoid long-term debt, and likened it to his practice of paying cash for property and automobiles.

“In the Great Depression, you bought something if you had the cash to buy it,” Cathy said. “We are just about debt-free right now, stretching that dollar as far as it will go. If you have debt, you have to worry about it.

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Tags: Cathy, Cathy Dishes
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Posted on Monday, 13th June 2011 by James Martin

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While the company has strong growth prospects as the economy stabilizes and demand for high-tech products resumes, the strengthening Taiwanese dollar – which currently stands near 28 NT dollars to 1 US dollar – stands to hurt its foundry business. The

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Posted on Saturday, 11th June 2011 by Jesse Walker

Planning for retirement and doing something about it is something that most youth and elders detest. For the youth there is no incentive to plan for something that will come up 35 years later. For the elders, the fear that they may not have enough money in their last phase of life prevents them for doing a deeper analysis and action after that.

Retirement Planning is not only about money

There is more to retirement planning than money. Some of the key things to be planned which actually make the planning more interesting is to consider:

1. How will you spend your time?
2. Places to visit
3. Tackling health related issues
4. Sharing the wealth created
5. And finally planning for income (of course)

In fact, most people just think of the last one without considering the first four.

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Tags: Retire
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Posted on Friday, 3rd June 2011 by Christopher Allen

Cincinnati’s First Financial Bank has signed an agreement to acquire all 16 Ohio retail banking offices of Wilmington-based Liberty Savings Bank.

First Financial will pay a 6.41 percent net premium on Liberty Savings’ deposits, or $22.2 million, based on the deposit balance. The $6.3 billion-asset bank also agreed to buy $143.3 million in performing loans, largely made up of residential mortgages and commercial real estate loans.

Liberty’s branches held $346.2 million in deposits on March 31.

First Financial CEO Claude Davis said the bank will operate 70 offices from metro Cincinnati through Dayton when the deal is closed in the third quarter. The bank plans to retain the vast majority of employees from Liberty Savings the branches, but did not disclose the number of workers at the offices.

Cincinnati’s First Financial Bank has signed an agreement to acquire all 16 Ohio retail banking offices of Wilmington-based Liberty Savings Bank.

First Financial will pay a 6.41 percent net premium on Liberty Savings’ deposits, or $22.2 million, based on the deposit balance. T

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Tags: First Financial, Liberty Savings, Savings
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Posted on Thursday, 2nd June 2011 by James Martin

This is Jeff Rose from Good Financial Cents with another good financial tip for you. Just the other day I had a client ask me, the client is currently involved in the 401K with their employer, and the employer has been slowly and steadily reducing their employer match. Finally, just recently they took away the match all together. No more free money, no more match. The only thing that goes in the 401K is what my client is putting into it. My client was a little bit ticked off, which I guess we all would be in that same situation. They asked me, “Jeff, my employer took away my match. S

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Tags: 401k, Financial Tip, Good Financial, Good Financial Tip
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Posted on Wednesday, 1st June 2011 by Christopher Allen

Easter is a time to get together with family and friends over festive lunches and dinners in order to celebrate each other’s company. As with any festivity, Easter has its own specific decorations, preparations, and food dishes. However, they differ vastly depending from which part of the world you are from, and also the religion you follow.

Catholic and Orthodox believers choose different days for Easter.Therefore, if you have people from each religion in the family you can celebrate it twice.

Treats are available on Easter.And therefore all types Easter recipe treats are welcome. Here are some suggestions that are fast to make and loved by everyone: marshmallows covered in chocolate, deviled eggs, egg rolls, and chocolate eggs that you can make at home or purchase ready-made and place in a basket on the kitchen table or where you know it is easily accessible to everyone in the house.

Lamb is necessary.The easy Easter recipe for that can be found online, or you can also purchase already marinated lamb chops and prepare then in minutes as per the description provided on the package. D

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Tags: Easter, Easter Recipe
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Posted on Monday, 30th May 2011 by James Martin

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Posted on Sunday, 29th May 2011 by Jesse Walker

WASHINGTON — The U.S. Food and Drug Administration said it is conducting a safety review of certain types of birth-control pills to see if they increase the risk of blood clots beyond that of other pills.

The agency said the review is focusing on products that contain drospirenone, which is used in pills including Yaz and Yasmin, which are marketed by Bayer AG . Drospirenone is a type of female sex hormone called a progestin.

Most birth control pills contain two types of hormones, estrogen and progestin. All types of pills increase the risk of blood clots. However, FDA said two recently published studies reported a greater risk of blood clots for women taking birth-control pills containing drospirenone compared to the risk for women taking birth-control pills containing another progestin known as levonorgestrel.

FDA said some previous studies have reported that the risk of blood clots for women who use birth-control pills containing drospirenone is higher than that for women who use birth-control pills containing levonorgestrel while other studies haven’t found such a risk.

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Tags: Risk, Safety Review
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Posted on Sunday, 29th May 2011 by Jesse Walker

Does it make sense to reduce one burden by taking on another? This is the first question that would be top of mind when faced with the question of whether to refinance an existing home loan. Given the fact that a home loan is the biggest reason for cash outflow in most Indian households, this decision has to be taken after a lot of thought. Here is some food for thought to help you arrive at the best decision.

Refinancing a loan can give multiple benefits depending on the situation of your current personal finance

-      Get you a lower interest rate thus reducing your EMI and monthly burden

-      Give you the option to go for lower tenures and be out of the burden soon

-      Reduce your EMI by going in for longer tenures

-      Shift from a Floating rate to fixed rate or vice-versa depending upon interest rate trends.

Wow! With so many benefi

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Tags: Home Loan, Loan
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Posted on Sunday, 29th May 2011 by Christopher Allen

The Dayton Business Journal had roughly 350 stories on its Web site in May that attracted nearly half-a-million visitors to read about the breaking news of the day in the business world.

Those stories included features on our Forty Under 40 2011 recipients, database of Ohio state employee salaries and a report on YRC Worldwide Inc., as well as breaking news on JPMorgan Chase & Co.

The DBJ also wrote about defense-related news of interest during May, as well as the latest trends involving health care and manufacturing.

The Dayton Business Journal had roughly 350 stories on its Web site in May that attracted nearly half-a-million visitors to read about the breaking news of the day in the business world.

Those stories included features on our Forty Under 40 2011 recipients, database of Ohio state employee salaries and a report on YRC Worldwide Inc., as well as breaking news on JPMorgan Chase & Co.

The DBJ also wrote about defense-related news of interest during May, as well as the latest trends involving health care and manufacturing.

Tags: May
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