Institutional investors
Lower claims from investments boosts Direct Line
Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.
Cyclospora from 2 cases to possible outbreak
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Thoma Bravo purchases Intuit Financial Services to recreate Digital Insight
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
H&M launches its online store, finally
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.