Wednesday, January 16, 2013
Assurant will cut 73 jobs in Birmingham - Birmingham Business Journal:
Most of the jobs will be eliminatedeffective Nov. 1, the company said in a written release. The reduction representz 7 percentof Assurant's total work force of 2,03i8 people. Assurant also will cut positionsin Dallas, Minneapolis and Kansas City. The company said that locap displaced workers can apply for open jobs in the Birmingham which is located at 3595Grandview Parkway, Suite 150. The locaol office is co-managed by Dr. Jim Barrett, VP of Providerr Relations & National Dental Director, and Kim Reese, seconcd VP, Voluntary Risk. Their jobs will not be affected.
Kevijn Murphy, officer of external communications forthe company, said the jobs cuts were the resultf of "an ongoing comprehensive review, department by department, by a seniodr management team." The staff reductionzs will reduce costs and help keep it he added. "We are lookingf for ways to be more efficient and he said, adding that none of the jobs will be The company didn't say how much the layoffs will cost or save the "Displaced employees from our other locations will allowec to apply for jobs in Kansas City," Murpht said. Assurant Employee Benefits is a divisionj ofNew York-based Assurant ( : AIZ), formerlt known as Fortis.
Sunday, January 13, 2013
Carving out an identity in banking is serious business - Nashville Business Journal:
But for two local banks, embracing the elements as brand centerpiecesx was veryserious business. When and announced their $10 billiohn merger in late 2006, finding a way to communicatw the fused personality of the new bank quicklyh became acritical issue. In October 2007 the new face of which includes heavy use of a bright sprinbg green color scheme anda single-speed green bicycle, debuted in Middle Tennessee. In the case of Nashville' s , there was a need to create a brand from Avenue Bank's rollout marketing featured a hummingbirfd and use of sophisticated sepia and gray hues and artistidc photographs of Music City.
It was mean t to send a message that the bankis creative, stronbg and a little different than the typical buttoned-up, formal stereotype of many banks. The two branding efforts are basecd onsimple themes, but coming up with the concepts involved a complex process that took months. "Wse really had an opportunity to wipe the slate cleanm and come out with a completelynew message," says Randy Shepard, Tennessee marketing director for Regions. "Itt was no small undertaking." The challengde was to blend the identity of the two iconic regional banks into a new brand that includedrthe banks' past strengths as well as theidr plans for the future.
"AmSoutyh was all about relationships," Shepard "Regions was more about having an every-dahy confidence in the bank." Both Regions and Avenue Bank begahn their branding campaigns withtheir associates. They used outsidw branding experts and hunkered downin think-tankk mode for months. "Yo really do have to start withthe employees," Sheparfd says. "You are also building an internaol brand withyour associates." Birmingham-based . workexd with Regions to develop a strategic advertising campaign.
Shepard would not disclose the cost of the The first theme that emerged from the internal cultureof 33,000 associates at Regionas was "to make life better," Shepard says. Then the bank went to customersd and the wider community toget feedback. Focus groupws were conducted throughoutthe bank's 16-state footprin in the South, Midwest and Texas. What the bank hearr consistently from constituents is that they value simplicitt and ease in a world fillecd with information overloadand multitasking. "People said, 'Life is complicated, but it shouldn' be,'" Shepard says. "'We want it easy and relatively uncomplicated.
' That's the mantra we The spring green color, whicjh Shepard calls "life green" was chosen becausse it's vivid and The single-speed bicycle seemesd to capture the need for trusted simplicityand
Saturday, January 12, 2013
Associated Banc-Corp swings to loss - The Business Journal of Milwaukee:
million net loss. Green Bay-based Associatedc (NASDAQ: ASBC) said the net was 19 cents per common sharr after includinga $7.3 millionh dividend to preferred shareholders. That compared with net incomedof $47.4 million, or 37 centse a share, for the second quarter of 2008. The per-sharse loss was less than analyst predictions of24 cents, accordinvg to Thomson First Call. Associated Banc-Corp executives had warnerd on June 29 that they expected to recorda higher-than-anticipatee provision for loan losses of between $145 million and $160 million for the seconcd quarter that would lead to a net loss.
The bank also said at the time that seconsd quarternet charge-offs would be between $60 millioh and $70 million. The final figure was $63.3 the bank said Thursday. The provision for loan losseswof $155 million, compared with $59 million for the same periods one year ago. Net charge offs for the quartedrwere $61.1 million, compared with $37 milliobn for the second quarter of 2008. Nonperforming loana were $733.4 million as of June 30, compared with $452.23 million on March 31 and about $288 million a year ago.
The highe provision for loan losses was primarily due to furthert deterioration of existing construction and commercial real estate credits and declininh commercial real estatecollateraol values, Associated executives said. “The higher than anticipateed provision is a resulty of the continued weakness in the economy and relatedx stress onour customers,” said Associatedf chairman and CEO Paul Beideman. “While we believer loan loss provisions and charge offs willremainn elevated, we expect the pace of deteriorationb to moderate in future quarters.” Net income for the first half of the year was $10.
78 million, or 8 cents per common share, comparex with a net income of $113.8 or 89 cents per for the first half of 2008. Associated the parent company ofAssociated Bank, is the second-largestr bank headquartered in Wisconsin with assets of $24 Associated stock was trading Thursdayg afternoon at $11.78, down 60
Thursday, January 10, 2013
Kumi Naidoo: governments must confront climate change in 2013 - The Guardian
The Guardian | Kumi Naidoo: governments must confront climate change in 2013 The Guardian I hope to witness â" and be part of â" the exponential growth in popular pressure to force governments to take steps to avert catastrophic climate change. I hope to see even more unusual » |
Wednesday, January 9, 2013
Oops! Emma Watson Stopped at Airport, Mistaken for an Unaccompanied Minor - Seattle Post Intelligencer
Fox 31 KDVR.com | Oops! Emma Watson Stopped at Airport, Mistaken for an Unaccompanied Minor Seattle Post Intelligencer The Harry Potter actress, 22, was stopped at a passport checkpoint over the holidays by agents who thought she was an unaccompanied minor and was asked where her parents were, she recounted on Twitter. "Passport control: 'unaccompanied minor? Emma Watson stopped at JFK airport, mistaken for 12-year-old Emma Watson stopped at airport over age mix-up Report: Emma Watson stopped at JFK |
Sunday, January 6, 2013
Scotts Valley-area man missing since Friday; Alex Fossgreen had been ... - Santa Cruz Sentinel
Scotts Valley-area man missing since Friday; Alex Fossgreen had been ... Santa Cruz Sentinel SCOTTS VALLEY -- Deputies and others are searching for a 23-year-old Scotts Valley-area man who has not been seen since early Friday. Alex Fossgreen left home on foot about 4:45 a.m. and was depressed over a recent breakup with his fiance, friends ... |
Saturday, January 5, 2013
Artur Boruc's Friday Rage List - Yahoo! Sports (blog)
Yahoo! Sports (blog) | Artur Boruc's Friday Rage List Yahoo! Sports (blog) 1. WHAT IS HAPPENING -- I FINALLY GOT OFF OF SOUTHAMPTON'S BENCH FOR THE FIRST TIME IN A MONTH AND IT WAS LIKE MY BODY FORGOT HOW TO DO ANYTHING!!!!!!!! MY HANDS COULDN'T HOLD THE BALL MY TEAMMATE DARED TO ... |


