Tag Archives: converted
Bank of Cyprus’ Big Savers to Lose up to 60%
By Menelaos Hadjicostis NICOSIA, Cyprus — Big depositors at Cyprus’ largest bank may be forced to accept losses of up to 60%, far more than initially estimated under the European rescue package to save the country from bankruptcy, officials said Saturday. Continue reading
Bank of Cyprus’ Big Savers to Lose up to 60%
By Menelaos Hadjicostis NICOSIA, Cyprus — Big depositors at Cyprus’ largest bank may be forced to accept losses of up to 60%, far more than initially estimated under the European rescue package to save the country from bankruptcy, officials said Saturday. Deposits of more than 100,000 euros ($128,000) at the Bank of Cyprus will lose 37.5% in money that will be converted into bank shares, according to a central bank statement Continue reading
Chicago home with massive kitchen hits market
“I love thinking about the people who built this and what they would think of it now,” said homeowner and restaurateur Jerry Kleiner of his converted Chicago home, priced at $1.295 million. Continue reading
1 dead, 11 arrested in anti-terror sweep in France
Police carried out raids across France on Saturday after DNA on a grenade that exploded last month at a kosher grocery store led them to a suspected jihadist cell of young Frenchmen recently converted to Islam. Continue reading
Seven Arts Entertainment Inc. Announces a 1-for-70 Reverse Split
LOS ANGELES, CA–(Marketwire – Aug 31, 2012) – Seven Arts Entertainment Inc. ( NASDAQ : SAPX ) (“Company” or “Seven Arts”) announced today a 1-for-70 reverse split of its common stock effective as of 4:01p.m. EDT (immediately after the close of the market today). The Company’s new CUSIP number is 81783N 201. By virtue of the reverse split, every seventy shares of the Company’s outstanding common stock will be combined and converted into one share of new common stock with resulting fractional shares rounded up to the next whole share. Seven Arts also announced that it will proportionately reduce the number of its authorized shares of common stock. Continue reading
Former Md. monastery hits market for $32 million
A storied 26,000-square-foot monastery converted to a private home is listed for $32 million in Annapolis, Md. Despite its immense size, the home is described as livable. Continue reading
RealNetworks paying refunds for not-so-free offers
RealNetworks has agreed to pay $2 million to settle charges of “unfair and deceptive” business practices over free trails that converted into paid subscriptions. Continue reading
Muslim woman wins $5 million verdict from AT&T for discrimination
KANSAS CITY, Missouri (Reuters) – A Kansas City woman who converted from Christianity to Islam has been awarded $5 million in punitive damages by a jury who found the telecommunications giant AT&T created a “hostile work environment” after her conversion, according to a judge’s order issued Friday. Susann Bashir, a 41-year-old married mother, sued AT&T unit Southwestern Bell for what she said was a pattern of offensive and discriminatory conduct by her supervisors that began when she converted to Islam in 2005, six years after she started working for the company as a network technician. … Continue reading
Maryland man gets 25 years in military bomb plot
WASHINGTON (Reuters) – A judge sentenced a Baltimore man to serve 25 years in a federal prison on Friday for a plot to bomb a U.S. military recruiting center in Maryland as revenge for American policy towards Muslims. Continue reading
