A. M. Best Co has assigned a debt rating of "a " to the recently issued $250 million fixed rate 5.75% senior unsecured notes due 2020 issued by RenRe North America Holdings Inc (Wilmington, DE). These notes are fully and unconditionally guaranteed by RenaissanceRe Holdings Ltd (RenRe) (Hamilton, Bermuda) (NYSE: RNR). The rating outlook is stable. 
Share:  <span class="company">A. M. Best Co</span> has assigned a debt rating of "a " to the recently issued $250 million fixed rate 5.75% senior unsecured notes due 2020 issued by RenRe North America Holdings Inc (Wilmington, DE). These notes are fully and unconditionally guaranteed by RenaissanceRe Holdings Ltd (RenRe) (Hamilton, Bermuda) (NYSE: RNR). The rating outlook is stable. Tweet this 

Also on Tuesday, Chinese Commerce Ministry spokesman Yao Jian said the government has not yet received the official documents required of Google to formally cease operations in the country. UBS research analyst Brian Pitz told clients in a note Tuesday that Google has until to renew its Internet Content Provider License. a certificate required to operate a Web site in China. Pitz estimated that shutting down Google.cn could cost Google up to $500 million in revenue this year 
Share:  Also on Tuesday, Chinese Commerce Ministry spokesman Yao Jian said the government has not yet received the official documents required of <span class="company">Google</span> to formally cease operations in the country.<span class="sent"> UBS research analyst <span class="analyst">Brian Pitz</span> told clients in a note Tuesday that <span class="company">Google</span> has until to renew its Internet Content Provider License.</span> a certificate required to operate a Web site in China. Pitz estimated that shutting down <span class="company">Google</span>.cn could cost <span class="company">Google</span> up to $500 million in revenue this year....Also on Tuesday, Chinese Commerce Ministry spokesman Yao Jian said the government has not yet received the official documents required of <span class="company">Google</span> to formally cease operations in the country.<span class="sent"> UBS research analyst <span class="analyst">Brian Pitz</span> told clients in a note Tuesday that <span class="company">Google</span> has until to renew its Internet Content Provider License.</span> a certificate required to operate a Web site in China. Pitz estimated that shutting down <span class="company">Google</span>.cn could cost <span class="company">Google</span> up to $500 million in revenue this year....Also on Tuesday, Chinese Commerce Ministry spokesman Yao Jian said the government has not yet received the official documents required of <span class="company">Google</span> to formally cease operations in the country.<span class="sent"> UBS resea Tweet this 

Bottomline Technologies (NASDAQ: EPAY) a leading provider of collaborative payment, invoice and document automation solutions today announced that its customer, CMC Group, a provider of specialized printing and packaging solutions, has been named a "Think Green" Award winner. The company has been recognized for its use of a Bottomline solution to establish more environmentally friendly business practices. "By choosing to generate and distribute documents electronically, we are helping our company to be more efficient, reduce costs, have a more positive impact on the environment and become better corporate citizens," said Allan Stiles, director of applications development at CMC Group. 
Share:  Bottomline Technologies (NASDAQ: EPAY) a leading provider of collaborative payment, invoice and document automation solutions today announced that its customer, CMC Group, a provider of specialized printing and packaging solutions, has been named a "Think Green" Award winner. The company has been recognized for its use of a Bottomline solution to establish more environmentally friendly business practices. "By choosing to generate and distribute documents electronically, we are helping our company to be more efficient, reduce costs, have a more positive impact on the environment and become better corporate citizens," said Allan Stiles, director of applications development at CMC Group. Tweet this 

Analysts with their own estimates say the total is bound to be higher. JP Morgan's Kohei Takahashi expects Toyota to take a one time 500 billion yen, or $5.5 billion, hit, including recall related costs and litigation settlements. He has lowered his estimate for operating profit next fiscal year starting April to 540 billion yen, or around $5.9 billion, from 760 billion yen, as higher profit margins in emerging markets soften the blow of recall expenses. Deutsche Securities estimates a 290 billion yen, or $3.2 billion, impact to earnings in the coming fiscal year, though analyst Kurt Sanger acknowledges that any attempt to quantify the impact involves an almost certain degree of error. "We expect Toyota to respond aggressively to win back much of its lost market share, but it will come at a cost," he said in a recent report. 
Share:  Analysts with their own estimates say the total is bound to be higher. JP Morgan's Kohei Takahashi expects <span class="company">Toyota</span> to take a one time 500 billion yen, or $5.5 billion, hit, including recall related costs and litigation settlements. He has lowered his estimate for operating profit next fiscal year starting April to 540 billion yen, or around $5.9 billion, from 760 billion yen, as higher profit margins in emerging markets soften the blow of recall expenses.<span class="sent"> Deutsche Securities estimates a 290 billion yen, or $3.2 billion, impact to earnings in the coming fiscal year, though analyst <span class="analyst">Kurt Sanger</span> acknowledges that any attempt to quantify the impact involves an almost certain degree of error.</span> "We expect <span class="company">Toyota</span> to respond aggressively to win back much of its lost market share, but it will come at a cost," he said in a recent report. Tweet this 

Most analysts predict robust profit growth next year as demand grows in emerging markets like China. Toyota's balance sheet remains strong, with cash assets of $23.6 billion as of Dec. 31. Noriyuki Matsushima, an auto analyst at Citigroup Global Markets Japan, gives Toyota stock a "buy/medium risk" rating, describing the issue as "attractive for long term investors.". "Toyota has announced plans to deal with the recalls, and is working to address the problems promptly," he said in a report this week. "We think the recall story is likely to die down by April if its quality dealershps can quickly repair the problems while providing reassurance to customers.". For now, the incentives appear to be working, with dealers reporting surging sales in the first week of the month after Toyota's sales fell 9 percent in February 
Share:  Most analysts predict robust profit growth next year as demand grows in emerging markets like China. <span class="company">Toyota</span>'s balance sheet remains strong, with cash assets of $23.6 billion as of Dec. 31.<span class="sent"> <span class="analyst">Noriyuki Matsushima</span>, an auto analyst at Citigroup Global Markets Japan, gives <span class="company">Toyota</span> stock a "buy/medium risk" rating, describing the issue as "attractive for long term investors.". "<span class="company">Toyota</span> has announced plans to deal with the recalls, and is working to address the problems promptly," he said in a report this week.</span> "We think the recall story is likely to die down by April if its quality dealershps can quickly repair the problems while providing reassurance to customers.". For now, the incentives appear to be working, with dealers reporting surging sales in the first week of the month after <span class="company">Toyota</span>'s sales fell 9 percent in February....Most analysts predict robust profit growth next year as demand grows in emerging markets like China. <span class="company">Toyota</span>'s balance sheet remains strong, with cash assets of $23.6 billion as of Dec. 31.<span class="sent"> <span class="analyst">Noriyuki Matsushima</span>, an auto analyst at Citigroup Global Markets Japan, gives <span class="company">Toyota</span> stock a "buy/medium risk" rating, describing the issue as "attractive for long term investors.". "<span class="company">Toyota</span> has announced plans to deal wi Tweet this 

It estimated that the worldwide recall, now involving some 8.5 million cars, could cost up to 180 billion yen, or about $2 billion, with 100 billion yen for repairs and 80 billion yen in lost sales. It said the recalls may dent global demand for Toyota models by 100,000 vehicles. Analysts with their own estimates say the total is bound to be higher. JP Morgan's Kohei Takahashi expects Toyota to take a one time 500 billion yen, or $5.5 billion, hit, including recall related costs and litigation settlements. He has lowered his estimate for operating profit next fiscal year starting April to 540 billion yen, or around $5.9 billion, from 760 billion yen, as higher profit margins in emerging markets soften the blow of recall expenses. 
Share:  It estimated that the worldwide recall, now involving some 8.5 million cars, could cost up to 180 billion yen, or about $2 billion, with 100 billion yen for repairs and 80 billion yen in lost sales. It said the recalls may dent global demand for <span class="company">Toyota</span> models by 100,000 vehicles. Analysts with their own estimates say the total is bound to be higher.<span class="sent"> JP Morgan's <span class="analyst">Kohei Takahashi</span> expects <span class="company">Toyota</span> to take a one time 500 billion yen, or $5.5 billion, hit, including recall related costs and litigation settlements.</span> He has lowered his estimate for operating profit next fiscal year starting April to 540 billion yen, or around $5.9 billion, from 760 billion yen, as higher profit margins in emerging markets soften the blow of recall expenses. Tweet this