MacDailyNews - Microsoft probes Apple's iPhone for profit opportunities

Microsoft executives aren"t sure yet whether they"ll find worthwhile opportunities to sell iPhone software - but they seem eager to find out," Jon Fortt blogs for Fortune. Fortt reports, "'It"s really important for us to understand what we can bring to the iPhone,' Tom Gibbons, corporate vice president of Microsoft"s Specialized Devices and Applications Group, told Fortune on Monday.


To the extent that Mac Office customers have functionality that they need in that environment, we"re actually in the process of trying to understand that now.'


The Mac unit"s work certainly isn"t charity - it delivers millions of dollars in profit for the company with its Mac version of the Office productivity suite," Fortt repots. We'll save them the effort: It's because Microsoft wanted to force businesses to keep buying PCs instead of Macs; not on their own merits (because they lose badly), but by creating artificial lock-in. It's the Microsoft way.


And it worked - until Steve Jobs executed an end-around with Intel-powered Macs that could slum it with Windows when necessary. So, same as with our Macs, we'll install intentionally-hobbled Microsoft bloatware on our iPhones as soon as infinity rolls around, thanks. Advertisements: • Introducing MacBook Air. The world's thinnest notebook.


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A microsoft product for the iPhone is guaranteed to break UI conventions, slow down the entire phone, and may very well introduce macro viruses to the iPhone (like they did with Office for the Mac in the 90's). The virus thing might even happen intentionally. I'm sure Microsoft engineers have been looking into that for over a year, now. Mar 25, 08 - 09:40 am Comment from: Gil I don't think 32GB would be enough.. Mar 25, 08 - 09:47 am Comment from: hardmanb There are those who accuse Microsoft of copying Apple's ideas and features in their operating systems.


It makes you wonder if they are looking at Mac OS Mobile with a view to their continuing development of Windows Mobile 7, due out in 2009. Mar 25, 08 - 09:48 am Comment from: mas "what we can bring to the iPhone" Don't they mean "copy"? Mar 25, 08 - 09:49 am Comment from: Woody Ugh. Ew.. Sorry, had to go throw up at the thought of MS-written software on my iPhone. Mar 25, 08 - 09:50 am Comment from: Blue Dream Never underestimate the power of Micro$oft to write bad and unintuitive software, even while using Apple's own SDK and Apple's hardware.


Mar 25, 08 - 09:50 am Comment from: Charles-Augustin de Coulomb "Microsoft probes Apple"s iPhone for profit opportunities" Without the courtesy of lubrication, no doubt.


Mar 25, 08 - 09:51 am Comment from: Jay-Z As much as I don't want it on MY iPhone - enterprise users will want as many Office capabilities as possible on their iPhones. And Apple obviously cares about iPhone in the enterprise. The only reason Microsoft wouldn't develop iPhone apps is if they want to cut the iPhone off at the knees.


This will just leave the opportunity for someone else to develop software that edits Office docs on the iPhone. Mar 25, 08 - 09:59 am Comment from: Synthmeister Thank God, Apple will vet all software through the App store! And if MS does manage to come up with something decent, Apple will receive a 30% cut! Apple wins both ways. Keep the crap out and make money off anything good.


In any event, it won't have anything to do with WinCe. Who knows, maybe they'll come out with a great version of Solitaire or something. Mar 25, 08 - 10:04 am Comment from: Not on My Phone, Not on My Computer I run my own business and I do it without one single Micros t product of any kind. I decided to put my money where my mouth was and remove all traces of Micros t from my life. My website has a notice on the back page. It reads, "Micros t free company.


No Micros t product was used in the production of this site." It can be done. I recommend everyone at least try. You are a Mac user and you use Micros t? Cut the cord. Mar 25, 08 - 10:20 am Comment from: LiM Would love to cut the chord, but Pages choked when I threw it a biig text file, and Numbers choked when I threw it a biig spreadsheet. I have to get my work done.. Had high hopes for Pixelmator too, until I threw it a biig scan.. Maybe in a few years..


I can leave them "behind" - MW. Mar 25, 08 - 10:25 am Comment from: megame embrace and extinguish don't trust microsoft one bit. Mar 25, 08 - 10:26 am Comment from: Macaday I'm fine with it - provided that the iPhone Applications Store has health warnings attached to all MS software. Mar 25, 08 - 10:36 am Comment from: Buster Its great that Microsoft, with its resources, will develop software for the iPhone.


MS has name brand recognition and people will flock to buy the numerous different apps that MS can quickly produce in response to consumer wishes..



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Hearst Magazines acquires relationship advice site The Social - CNET News.com

Answerology's schtick is that it allows users to ask anonymous questions about family, marriage, dating, and other heated subjects pertaining to relationships, and those questions can be targeted toward select age groups, genders, geographic regions, and personality types (i.e.


Most of the questions on Answerology, which seems to have an admirably active core community, pertain directly to relationships, like this one: "By 39 years of age, is it a little weird if a man is still single, no solid career path, not close with his family, and only a select few close friends?" Answer: Yes, but things will get better if you take away his Xbox.)


Other subjects of discussion fall more into a general "lifestyle" niche, for example, "When do you think you'll be able to retire?" Answer: Never! Ever!)


And it had a funny publishing-industry connection to begin with: founder Milner originally conceived of Answerology as a tie-in for a "romantic-comedy novel" he wrote, Guy Critical. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. Don't call it Silicon Alley.)


Subscribe to this blog Click this link to view this blog as XML. And Facebook is that company. The latest Googler to jump to Facebook is Ethan Beard. A jury ruled Wednesday in San Francisco that Rambus did not obtain patents for memory technology through fraud or anti-competitive means, in a blow to memory makers Hynix, Micron, and Nanya. Read more Is there such as thing as being fired for Twittering?


Posted in Geek Gestalt by Daniel Terdiman March 26, 2008 4:06 PM PDT If you've been around the world of blogging for a while, you probably know what being "Dooced" means. If not, it means being fired for blogging, and the term comes from the real-life firing of Heather Armstrong, otherwise known as the mega-popular blogger, Dooce. PDT with more detail and context.


The latest paid-click figures for Google were up only 3.1 percent in February from a year earlier, prompting a 2.9 percent drop in Google's stock, according to Reuters. Coop's Corner by Charles Cooper Charles Cooper weighs in on Silicon Valley hijinks, and he doesn't suffer fools gladly.


Defense in Depth by Robert Vamosi Covering the latest in computer viruses and computer crime. Green Tech Fresh green tech news and commentary. One More Thing by Tom Krazit Tom Krazit takes on the tech phenomenon that is Apple, and keeps a close watch on the chip industry. Outside the Lines by Dan Farber When business and technology meet, that's when things get interesting. The Iconoclast by Declan McCullagh Exploring the intersection of politics and technology.


Underexposed by Stephen Shankland Coverage of digital photography, science, and open-source software. On CHOW: Does drinking ice water burn calories?



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RTTNews - Breaking News, financial breaking News, Positive EPS Surprises, Stock research.. ..

NDQ.TO), a developer of real-time medical imaging systems, on Tuesday reported wider loss for the fourth quarter compared to the third quarter due to higher expenses, despite revenue increase.


Net loss for the quarter rose to approximately US $4.43 million from nearly US $4.08 million in the third quarter, primarily as a result of an increase in sales and marketing costs of approximately US $449 thousand, an increase in general and administrative expenses of approximately US $138 thousand, an increase in research and development costs of US $81 thousand which were partly offset by an increase in gross profit of US $372 thousand.


Quarterly revenue increased 37% to about US $2.96 million from US $2.15 million in the prior quarter. Recurring revenue, which includes consumable kit and rental revenue, rose to about US $1.41 million in the quarter from nearly US $1.24 million in the prior quarter. Capital sale revenue increased to US $1.27 million from US $617 thousand in the prior quarter, while service revenue decreased in the fourth quarter by approximately 3% from the third quarter.


For fiscal 2007, the company reported wider net loss of US $15.66 million or US $0.70 per share compared to US $11.04 million or US $0.57 per share a year ago. Full year revenues surged to US $10.29 million from US $2.18 million in the previous year. NDQ.TO closed Monday's regular trading on TSX at C$5.02. Get All Breaking News & Alerts Delivered Right to Your Desktop China Automotive Reports Higher Profit For Q4 Â " Update.


CAAS 3 25 2008 8:01:51 AM Tuesday, before the bell, China Automotive Systems, Inc. CAAS), power steering components and systems supplier in China, reported an increase in net income and revenue for the fourth quarter.


For the fourth quarter, net income increased to US$2.2 million or US$0.09 per share from US$1.4 million or US$0.06 per share in the year-ago period. Quarterly gross profit amounted to US$12.7 million, up 48% from US$8.5 million in the year-ago quarter. Total net sales for the quarter rose 36.3% to US$37.7 million from US$27.7 million in the previous year. For the full year 2007, net income increased to US$8.85 million from US$4.81million last year.


On a per share basis, earnings rose to US$0.37 from US$0.21 in the prior year. Total net sales increased to US$133.6 million from US$95.8 million in the year-ago period. Net sales from steering components for passenger and light-duty vehicles was US$83.9 million, net sales from steering components for commercial vehicles was US$35.8 million. Shares of CAAS ended Monday's session at $5.20. Get All Breaking News & Alerts Delivered Right to Your Desktop 49.


Global Payments, Planet Payment To Make Available Pay In Your Currency Service To HSBC Merchants In China 50. WPP Group Buys Majority Stake In Chinese Shopper Research Specialist Zdology - Update 51. Central African Mining Completes Congo JV With Prairie; Intends To Acquire Prairie's 50% - Update 52.


District Court Of Nevada Found Bally Technologies Not To Infringe Patents Of IGT, Shuffle Master - Update 53. Casual Male Retail Posts Lower Q4 EPS As Sales Decline; Provides FY08 Forecast - Update Copyright © 2008 RealTimeTraders.com, Inc.



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The Bulletin is Downtown Toronto's Best Read Community Newspaper

The dinner takes place on Sunday, April 13 at the Romagna-Mia Restaurant, 106 Front Street East. The event is a fundraiser to benefit the programs and exchanges of artists between Italy and Canada of the International Resource Centre for Performing Artists. A reception will begin at 5:30 p.m., 6. The evening will include live musical performances and an auction. Maestro Kerry Stratton will serve as master of ceremonies for the evening.


The live musical performances will feature artists who have benefitted from IRCPA programs. Many of the featured recipes come from Good Ciao, Mr. Russo's second book of Tuscan cuisine, released in January. The meal offers four tantalizing courses, including veal, chicken, vegetarian and vegan dishes, and an irresistible flourless chocolate cake among the desserts.


Highlight of the prizes for auction will be a three-day visit for two at Mr. Russo's spectacular Parco Fiorito 16 th century estate and organic farm near Cortona. It was the location for the filming of Under the Tuscan Sun. Tickets are $150 per person. Corporate tables of seven are $1,400. For reservations or information, call 416-362-1422; fax 416-359-0043, or e-mail sumintl sympatico.ca.


2008-03-25 05:14:00 Poll question Advertisement All contents  2003-2006 Community Bulletin Newspaper Group Inc. Please report errors with this site to webmaster communitybulletin.ca.



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Actualité de la bourse sur Thomson - TMS : interviews, rumeurs de marchés, analyses, dossiersEasyBourse

The owner of two telecommunication companies - Cegecom in Luxembourg and VSE NET in Germany, artelis also provides wholesale communications services to other operators. Thomson's Cirpack VoIP platform in order to launch a double play offer packaged with primary line telephony to its residential customers as well as "IP centrex" services with advanced business features to enterprise customers.


We were especially interested in Thomson's interoperability with multiple networks, including traditional telephony 1 and cable infrastructures, which made the Cirpack softswitch suitable for our deployments in both countries as well as for our wholesale clients some of whom are cable operators" said Mr Leidinger, General Manager of artelis. In addition, we were attracted by the fact that Thomson provides end to end solutions for triple play, something that we are examining for the future."


Our deployment with artelis further demonstrates Thomson's success in providing multiple play service platforms to telecom operators," said Bruno Fabre, Executive Vice President, Sales & Marketing of the Systems Division at Thomson.


Our Cirpack VoIP softswitches are uniquely positioned to help operators with hybrid networks and multi countries operations to launch rich broadband services" As more German operators accelerate their migration to next-generation networks, they are seeking more network optimization as well as operating cost reduction opportunities.


Many are turning to Thomson; already, Thomson's Cirpack softswitches have been involved in 14 operator deployments in Germany. About Thomson - World leader in digital video technologies Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, services, and systems & equipment to help its Media & Entertainment clients - content creators, content distributors and users of its technology - realize their business goals and optimize their performance in a rapidly changing technology environment.


Reuters - 15h53) 26 03 Thomson shareholders vote in favor of Reuters deal (Reuters - 15h29) 26 03 Thomson: fournit ses commutateurs Voix sur IP à.. CF - 11h31) News sectorielles 26 03 NRJ Groupe: baisse de -2,6%, nouvelle analyse de.. CF - 18h40) 26 03 JCDecaux toujours intéressé par Clear Channel Outdoor ( EB - 18h28) 26 03 Publicis: Digitas se renforce en Asie du sud. CF - 18h01) 26 03 JCDecaux toujours intéressé par Clear Channel Outdoor (DJ - 16h38) 26 03 Vivendi: le jeu 'Surviving High School' couronné..


CF - 15h02) Vous devez activer Javascript et avoir la version 8 ou supérieure du player flash pour accéder au contenu. Télécharger le player flash Cours : 4,34 Euro Var.: 7.16 % Depuis 5 jours Profil Société Activité Thomson figure parmi les 1ers fournisseurs mondiaux de services et d'équipements destinés à l'industrie des médias et du divertissement. Le groupe.. Suite Prévisions 2006 ( ) 7,12 7,43 4,52 Les derniers messages PRESSE: Thomson: 4 candidats pour remplacer..


21 03 à 10h52 REPETE&CORRIGE: Thomson: S&P abaisse sa.. 12 03 à 10h42 Thomson: S&P abaisse sa note de crédit.. 12 03 à 08h48 Moody's abaisse note long terme de Thomson à Ba1 posté par easy le 11 03 à 16h36 ECHO BOURSE: Difficultés Thomson vont durer..


10 03 à 17h48 Contactez-nous Mentions légales Qui sommes-nous ?



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www.kansascity.com 03 24 2008 Infinium"s Sue Mosby offers advice for startups

Businesses are constantly morphing, so it's important to always be listening and be ready to change, advises innovation consultant Sue Mosby.& 8220;You guide them and see things and add in, but your clients do, too, and your marketplace does, too,& 8221; she said. 8220;It really is a co-development. You have to be open.&


8221;« p»«p»Mosby, president at «strong»Infinium« strong», shared her entrepreneurial journey last week with about 30 people attending the Entrepreneur Speakers Program at «strong»Polsinelli Shalton Flanigan Suelthaus PC« strong».&


Mosby became a partner in a Kansas City architectural firm, «strong»CDFM2« strong» (now «strong»360 Architects« strong»), in the late 1980s and then helped design and create more than 5 million square feet of corporate office space. She also helped the firm grow from five to 55 people.& Mosby sold her interest in that firm in 2003 and took the & 8220;process of design thinking& 8221; to form a new company, Infinium, at 1919 Baltimore Ave.


Infinium helps organizations and individuals develop and harness creativity in their everyday operations. Clients include telecommunication companies, financial institutions, universities and health care.& Mosby offered this advice for startups:« p»«p»& 8226;You need more money up front than you think. When she first formed Infinium, banks wanted to know what other companies were doing the same thing.


They wanted a proven track record. When she said no one was doing it, they told her to come back when she could prove the concept.& 8220;I don't plan to need you then,& 8221; she said. But «strong»Missouri Bank« strong» did lend her the funds when she secured the loan.& 8226;Use uniqueness to your advantage.& 8226;Look at how unrelated things connect. How can I put these things together for these unmet needs?


Listen and look for connections, the language people are using, how others are forming businesses.& 8226;Keep a journal. Take notes on business concepts, questions you have & 8212; when to start, how to start, whom you can turn to. What does this mean to me and how can I use it?& 8226;Build a Web site.


At first, Mosby didn't think she needed a Web site since people didn't know to even look for an innovation consultant. But one of the first questions potential customers asked was for her Web site.& 8220;It was a credential,& 8221; she said.& 8226;Have a business plan, advisers and mentors.&


Mosby listed passion, desire, an ability to dream, tenacity, persistence, determination, energy and a positive attitude as key factors for entrepreneurial success.& 8220;People look at failure as defeat. But you're not defeated & 8212; you've just learned a lesson along the way.&


Businesses are constantly morphing, so it's important to always be listening and be ready to change, advises innovation consultant Sue Mosby. You guide them and see things and add in, but your clients do, too, and your marketplace does, too," she said. It really is a co-development. You have to be open." Mosby, president at Infinium, shared her entrepreneurial journey last week with about 30 people attending the Entrepreneur Speakers Program at Polsinelli Shalton Flanigan Suelthaus PC.


Mosby became a partner in a Kansas City architectural firm, CDFM2 (now 360 Architects ), in the late 1980s and then helped design and create more than 5 million square feet of corporate office space. She also helped the firm grow from five to 55 people. Mosby sold her interest in that firm in 2003 and took the "process of design thinking" to form a new company, Infinium, at 1919 Baltimore Ave. Clients include telecommunication companies, financial institutions, universities and health care.


Mosby offered this advice for startups: & 8226;You need more money up front than you think. When she said no one was doing it, they told her to come back when she could prove the concept. I don't plan to need you then," she said. But Missouri Bank did lend her the funds when she secured the loan. 8226;Use uniqueness to your advantage. Listen and look for connections, the language people are using, how others are forming businesses. What does this mean to me and how can I use it?


But one of the first questions potential customers asked was for her Web site. It was a credential," she said. 8226;Have a business plan, advisers and mentors. Mosby listed passion, desire, an ability to dream, tenacity, persistence, determination, energy and a positive attitude as key factors for entrepreneurial success. The metaphorical glass is "more full than not," Mosby said. People look at failure as defeat.


But you're not defeated & 8212; you've just learned a lesson along the way." I would rather be in a shack on a beach and say, & 8216;I'm glad I tried,' than to not have done it." To reach Joyce Smith, call 816-234-4692 or send e-mail to jsmith kcstar.com.



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edmontonsun.com - Edmonton News- Couple charged in stolen construction goods bust

James Vanderland gestures yesterday at recovered stolen property at a police warehouse. Police are seeking the owners of some 300 pieces of property, worth about $250,000, recovered from a home and storage facility. Darryl Dyck Sun Media) A couple on AISH have been charged after police smashed a $300,000 stolen construction goods ring. Officers seized thousands of dollars' worth of stolen goods from the house in a Feb.


23 bust. Police are now searching for the owners of about 400 items, from valuable tools like heavy-duty drills worth up to $10,000 to more mundane shop vacuums. We need companies to call us so we can document exactly what was taken," said acting Det. James Vanderland, adding that identifying the owners will also make it easier to lay more charges. Darlene La Trace, the executive vice-president of the Edmonton Construction Association, said the case highlights the growing problem of thefts from construction sites.


We know the issue is greater than what's actually being published," said La Trace. Firms, she noted, "can't afford to make a claim to insurance, so there's so much more of this that goes unreported." The bust, and a subsequent investigation at a storage facility near 128 Avenue and 146 Street, netted about $300,000 worth of goods in all.


Police came upon the stolen goods at the house near 118 Avenue and 58 Street by accident. At the time, a downtown division officer had tipped investigators about a stolen truck. But when they got there, they spotted three people loading some of the goods into the vehicle, leading police to take out a search warrant that turned up even more stolen items. Vanderland believes the goods were being resold at discount prices to finance drug habits.


An arrest warrant has been issued for Trevor Douglas Bennett, 34, facing 14 counts of possession of stolen property. Nadine Nicole Hopkins, 30, is facing 12 counts of possession of stolen property. Those who believe they may be the owners of some of the goods can visit the north division community station, 14203 50 St., Next story: A real bird in the hand This site is updated by 4:00 a.m.



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Horoscopes: Wednesday, March 26 - 26 Mar 2008 - Horoscopes - NZ Herald

However one false move and your sympathy will be quickly withdrawn. You are loath to offer people second chances or accept lame excuses. TAURUS: (April 21 to May 21) You have an affinity with unusual people. Moon in the relationships sector draws you towards those who think outside the square and do not physically fit the conventional mould.


Attractions might be fleeting rather than forever. GEMINI: (May 22 to June 21) Doubts about a person's competence prompt you to adopt a hands-on role. Keep your environment orderly today, rely only on people who have a proven track record and try to avoid making long-term commitments. CANCER: (June 22 to July 23) A situation that showed promise could come to nothing.


Follow up on your second choice rather than trying to manipulate trends your way. The idea is to seek opportunity where it exists and adapt to changing circumstances. Advertisement Advertisement LEO: (July 24 to August 23) Domestic affairs are in the spotlight. You might have to delegate duties, reorganise your routine or review the budget.


By creating space and catching up, you can create a better environment and reduce stress levels. VIRGO: (August 24 to September 23) Moon in the interactive zone connects you with people who share your ideals. A casual discussion could lead to a new undertaking or possible friendship. Words are your secret weapons during this vocal and friendly phase. LIBRA: (September 24 to October 23) The planetary trend is towards orderliness.


A tidy mind, surroundings and appearance allows you to see at a glance what needs to be done. Conversely operating in an atmosphere of chaos could lead to errors or stress. SCORPIO: (October 24 to November 22) Confronting your fears is never easy but compatible planets empower you to take charge.


Use mind over matter techniques to allay suspicions, shed bad habits or let go of worn-out relationships. Also, draw on inner strength. SAGITTARIUS: (November 23 to December 22) Stay tuned to discussions and keep your finger on the pulse. Listening to the problems of others and voicing your own concerns helps create a harmonious environment in which to operate. Learn to give and take. Horoscopes Share this article: What’s this?



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hackenslash » IP e-Games bags Cabal Online

Representatives from EST Soft will be present at the event to support the launch of their product. Cabal Online is a unique third-person MMORPG that combines futuristic, fantasy and medieval themes into an action-packed, sophisticated role-playing adventure.


The game has been successfully launched in Asia, Europe, and North America (including the US and Canada), gathering 20,000,000 registrations across the globe. With Cabal Online, we expect to increase our existing user base by appealing to console and hardcore gamers." Cabal Online is a quest-based MMORPG that boasts of elaborately detailed three-dimensional graphics, beautiful costumes and characters, and stimulating storyline.


Staged hundreds of years in the future, the story is staged in the kingdom of Nevareth, where a conspiracy threatens to destroy the stability and peace of the colonies. The players are entrusted with the task of facing the invaders of Nevareth and uncover the plot to destroy the world.


The game boasts of six playable characters, namely: Warrior, Blader, Wizard, Force Archer, Force Sheilder, and Force Blader. Game features include a global positioning system that shows the player's current location as well as party members, NPC and quest dungeons, warp gates as well as hunting field and difficulty level of monsters.


The skill points (used to improve battle skills) and character stats (strength, dexterity, and intelligence) develop separately so they can freely schedule their leveling activities according to their target level or skills.


Battle experience is also intensified by a combo system that allows users to continuously execute multiple skill attacks. Players can undergo quests that will give them the privilege of owning a futuristic core-driven hover bike called Astral Bike. Nation Battles involve the allying of players to a nation (Capella or Procyon) by undergoing a nation quest.


Players can kill other characters of opposing nations in this feature. Leave a Reply Welcome to hackenslash, the gaming site of INQUIRER.net. Edited by hackenslash Final Boss Joey Alarilla. This is a Flickr badge showing public photos from hackenslashpodcast. Make your own badge here. Want our Flickr badge?


Get the Flash version or HTML badge. Roland Quast : Like everything, game development is one of those things tha.. VaginaFever : Mmmm.. What kind of gamers play Supreme Destiny? Triple.. Meister Crow : Hope to see you all maximum tune fanatics at the finals of t.. Hellsing : MORE POWER TO CRoW !. Killshame : challenge the champ..


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BusinessDay... the voice of business - Consolidated Hallmark leads consortium on BRT insurance scheme

The scheme provides comprehensive insurance cover for over 100 buses and tri-cycles on the scheme to the tune of 100 percent. Year 2007 award winner conferred by Ota-Agbara Chamber of Commerce, Industries, Mines and Agriculture, as the insurance company of the year, was recently listed on the Nigerian Stock Exchange with stock prices presently witnessing a rally on the floor. These are attributes that have continually endeared the new generation company to clients, potential clients and stakeholders alike, the company said.


With a robust balance sheet from the 2007 trading results, shareholders of the company, who have since foreseen a very bright future for the stock in terms of capital appreciation, continue to hold on to their holdings, resulting in scarcity on the floor of the Stock Exchange. Its premium income grew substantially by 185 percent from N508 million in December 2006 to N1.446 billion in December 2007.


The profit after tax of Consolidated Hallmark grew from N57 million in 2006 to N259 million in 2007, representing a growth of about 354 percent. Meanwhile, the company has entered into a strategic alliance with Fidelity Bank Plc to market its automobile insurance products on the Autoreg platform.


Having repackaged its existing products and came out with new ones in the last 10 months to meet the needs of the insuring public, the company will be launching three products soon. The products are Commuters Personal Accident Insurance, Enhanced Motor Policies and Building Insurance Policies. Looking ahead, the company is also planning to grow its core business through product innovation, strategic alliances for marketing as well as strategic investments that would directly impact on its premium income.


Recently, it’s Information and Communications technology was upgraded via the adoption of a new web-based on-line insurance business application package. Operations of the company in the Lagos offices have since been linked online, real time. Operations in Regional Offices of Abuja and Port Harcourt are to be linked very shortly.


Within the first year of consolidation, a strategic branch expansion initiative was embarked upon.


This has led to the opening upgrading of branches in locations like Ilorin, Oshogbo, Akure, Jos, Calabar, and Maiduguri, in an effort geared towards taking insurance services closer to existing and potential clients nationwide. To further strengthen its operations in the long run, the company plans to diversify into ancillary financial services that will support its core business of insurance. Plans are also ahead to expand into other markets in the West African sub region.



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