International Business News - Savings http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif State-owned savings banks in Germany are reporting a flood of new deposits as people look for security amid the global economic crisis. Several state-owned banks--known as "Sparkassen"--said Tuesday that even with a government pledge to guarantee all savings they were seeing scores of new customers. http://www.ibtimes.com/articles/20081007/germans-move-millions-into-state-controlled-banks.htm Tue, 07 Oct 2008 10:16:16 EDT Elmira Savings Bank FSB said its board declare a quarterly dividend of 20 cents. The company, which last paid a cash dividend of 22 cents, said the new rate reflects the company's 10 percent stock dividend issued in the second quarter. http://www.ibtimes.com/articles/20080829/elmira-savings-bank-declares-20-cent-dividend.htm Fri, 29 Aug 2008 11:55:28 EDT The average price for a gallon of gas is down more than 45 cents since hitting a peak in mid-July, which may encourage people who stayed home earlier this summer to hit the road for Labor Day weekend. http://www.ibtimes.com/articles/20080828/labor-day-drivers-can-still-improve-gas-mileage.htm Thu, 28 Aug 2008 13:12:14 EDT The South Carolina Department of Corrections is borrowing more than $14 million to start an energy and water savings program that it expects will generate $1.3 million a year in savings by installing better equipment, drilling new wells and using other conservation tools. http://www.ibtimes.com/articles/20080825/water-power-savings-okd-at-sc-prisons.htm Mon, 25 Aug 2008 17:15:55 EDT Sales of heating and cooling equipment are getting a boost from greater demand for energy efficient systems, as people try to trim utility bills amid soaring fuel costs. http://www.ibtimes.com/articles/20080717/heating-cooling-system-sales-get-boost.htm Thu, 17 Jul 2008 17:27:08 EDT Regional bank Harleysville Savings Financial Corp. on Wednesday said its profit grew in its fiscal third quarter, helped by an increase in net interest income. http://www.ibtimes.com/articles/20080716/harleysville-savings-financial-profit-rises-in-3q.htm Wed, 16 Jul 2008 12:52:05 EDT Indonesian manufacturers are being told to move some of their production work to the weekends as part of a new energy-saving plan, the government announced Thursday, as the capital prepared for two weeks of blackouts because of power shortages. http://www.ibtimes.com/articles/20080710/indonesia-work-weekends-to-save-energy.htm Thu, 10 Jul 2008 13:39:05 EDT The British government has called for protecting a larger amount of savings if a bank fails, and for depositors to be compensated within a week. The proposals are outlined in a consultation paper published Tuesday by the Treasury and the Financial Services Authority. http://www.ibtimes.com/articles/20080701/uk-govt-wants-better-savings-protection.htm Tue, 01 Jul 2008 08:52:32 EDT Consumers banked a big portion of their tax rebate checks last month, giving them enough cushion to keep spending for a few more months and perhaps postponing a recession that once seemed inevitable. http://www.ibtimes.com/data/articleimgs/81454-.jpg http://www.ibtimes.com/articles/20080627/americans-rediscover-the-piggy-bank.htm http://www.ibtimes.com/articles/20080627/americans-rediscover-the-piggy-bank.htm Fri, 27 Jun 2008 22:04:12 EDT The economy is in a bad place and people are casting about, sometimes desperately, for ways to ease the crunch. I know this because of the contents of my e-mail inbox, which grows more outlandish all the time. http://www.ibtimes.com/data/articleimgs/71782-.jpg http://www.ibtimes.com/articles/20080613/economy-account-savings.htm http://www.ibtimes.com/articles/20080613/economy-account-savings.htm Fri, 13 Jun 2008 20:52:07 EDT Wachovia Corp. on Thursday wrapped up its Way2Save Challenge tour in New York City's Bryant Park, where finalists from around the country competed to win $50,000. http://www.ibtimes.com/articles/20080605/wachovia-wraps-up-way2save-tour-in-new-york-city.htm Thu, 05 Jun 2008 12:59:01 EDT Americans worry that inflation and the rising cost of health care are increasing the risk that they will run out of money in retirement, according to a study released Monday. http://www.ibtimes.com/articles/20080519/americans-worry-about-funding-a-long-retirement.htm Mon, 19 May 2008 11:36:20 EDT Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates. http://www.ibtimes.com/articles/20080512/study-retirement-savers-make-costly-401-k-mistakes.htm Mon, 12 May 2008 00:07:20 EDT The retirement assets of Americans grew 7 percent to $17.6 trillion last year, with the strongest growth coming from worker contributions to 401(k) accounts and other company-sponsored plans and to Individual Retirement Accounts. http://www.ibtimes.com/articles/20080508/ici-consumer-retirement-assets-rise-to-17-6-trillion.htm Thu, 08 May 2008 13:51:39 EDT More than 6 million people are enrolled in health insurance plans that allow them to also open health savings accounts, nearly double estimates from just two years ago, according to new projections from the insurance industry. http://www.ibtimes.com/articles/20080430/health-savings-accounts-growing-in-popularity.htm Wed, 30 Apr 2008 15:04:26 EDT The headline-grabbing claim from Gov. Jim Doyle in March 2005 couldn't have been clearer. At a news conference, Doyle said his administration would save taxpayers up to $200 million over four years through better management of the state bureaucracy under the so-called ACE Initiative. http://www.ibtimes.com/articles/20080429/wisconsin-governors-troubled-efficiency-plan-falls-short.htm Tue, 29 Apr 2008 17:39:34 EDT Pharmaceuticals company Schering-Plough Corp. says it expects savings of $1.5 billion from a new productivity program. The company said the initiatives respond to "dramatically intensifying pressure... http://www.ibtimes.com/articles/20080402/schering-plough-targets-more-cost-cuts.htm Wed, 02 Apr 2008 17:38:39 EDT Dell says it will save as much as $3 billion over the next three years as it cuts costs and lays off more workers. The world's No. 2 computer maker said Monday it will close its desktop manufacturing facility in Austin, Texas. http://www.ibtimes.com/articles/20080331/dell-to-save-3b-over-3-years.htm Mon, 31 Mar 2008 16:54:46 EDT Shares in Swedish airline group SAS AB jumped more than 9 percent on Tuesday after Chief Executive Mats Jansson said he aims to save up to 6 billion kronor ($980 million) in the next four years. http://www.ibtimes.com/articles/20080325/sas-ceo-plans-to-save-6-billion-kronor.htm Tue, 25 Mar 2008 13:06:44 EDT Washington Mutual Inc. said Monday that a federal court awarded it $382 million in damages in a case involving subsidiary Anchor Savings Bank. Anchor Savings alleged the government breached its agreement to allow regulatory goodwill to be considered in Anchor's regulatory capital calculation. That forced Anchor to sell assets to meet regulatory requirements. http://www.ibtimes.com/articles/20080317/court-awards-washington-mutual-382m.htm Mon, 17 Mar 2008 06:29:59 EDT