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	<title>Stock Blog Hub &#187; Insured Municipal Income Fund Inc</title>
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		<title>(AA) Alcoa &amp; Saudi Arabian Mining Company, Ma&#8217;aden Secure $1 Billion Loan</title>
		<link>http://www.stockbloghub.com/2011/07/05/aa-alcoa-saudi-arabian-mining-company-maaden-secure-1-billion-loan/78296</link>
		<comments>http://www.stockbloghub.com/2011/07/05/aa-alcoa-saudi-arabian-mining-company-maaden-secure-1-billion-loan/78296#comments</comments>
		<pubDate>Tue, 05 Jul 2011 13:52:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aluminum]]></category>
		<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[Aluminum Corporation Of China Limited]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Cohen & Steers Global Realty Majors ETF]]></category>
		<category><![CDATA[GRI]]></category>
		<category><![CDATA[Insured Municipal Income Fund Inc]]></category>
		<category><![CDATA[PIF]]></category>

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		<description><![CDATA[Saudi Arabian Mining Company, Ma&#8217;aden and Alcoa Inc. (AA) have secured $1 billion loan from Public Investment Funds (PIF) for phase II of aluminum project in Saudi Arabia. The loan amount will finance the Ma&#8217;aden Bauxite and Alumina Company, which is owned 74.9% by Ma&#8217;aden and 25.1% by Alcoa. Ma&#8217;aden Bauxite and Alumina Company consist of a bauxite mine and an alumina refinery with an approximate cost of $3.6 billion. This is the second phase of the $10.8 billion Ma&#8217;aden-Alcoa joint venture project. The project is a part of the $10 billion Ma’aden-Alcoa joint venture project that includes the construction of an aluminium smelter and rolling mill at Ras Az Zawr. Construction work was scheduled to commence on the plant in July 2010. Ma’aden expects the smelter and rolling mill ]]></description>
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		<title>(PGR) Progressive Corporation&#8217;s Income Falls</title>
		<link>http://www.stockbloghub.com/2009/11/12/pgr-progressive-corporations-income-falls/20376</link>
		<comments>http://www.stockbloghub.com/2009/11/12/pgr-progressive-corporations-income-falls/20376#comments</comments>
		<pubDate>Thu, 12 Nov 2009 16:11:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[Infinity Property and Casualty Corporation]]></category>
		<category><![CDATA[Insured Municipal Income Fund Inc]]></category>
		<category><![CDATA[IPCC]]></category>
		<category><![CDATA[PGR]]></category>
		<category><![CDATA[PIF]]></category>
		<category><![CDATA[Progressive Corporation]]></category>
		<category><![CDATA[State Auto Financial Corporation]]></category>
		<category><![CDATA[STFC]]></category>

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		<description><![CDATA[Auto insurer Progressive Corporation’s (PGR) income for October fell to 16 cents per share compared with 22 cents in the year-ago period. Though the company has posted a growth in premium writings, realized gains were lower in the quarter compared to the year-ago quarter. The company, which reports earnings on a monthly basis, disclosed an income of $106.7 million, down from $145.0 million in the prior-year period. Progressive’s net premiums written increased 3% year-over-year to $1.3 billion. The company recorded a pre-tax investment gain of $20.0 million, compared with $88.4 million in the year-ago quarter. Combined ratio, which reflects the percentage of premiums paid out as claims and expenses, improved to 91.6% from 93.2% recorded in the year-ago period. Policies in force (PIF) were good in Personal Auto and Special ]]></description>
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