Banking/Financial Services Newswire
Pacific Capital Bancorp To Present at Lehman Brothers Global Financial Services Conference
SANTA BARBARA, Calif.-(Business Wire)-September 5, 2008 - Pacific Capital Bancorp (Nasdaq:PCBC) announced today that George Leis, President and Chief Executive Officer, will present at the Lehman Brothers Global Financial Services Conference in New York City on Wednesday, September 10, 2008 at 11:15...
A.M. Best Affirms Ratings of Lloyd's Syndicates 2623 and 623
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. has affirmed the Best's Syndicate Ratings of A (Excellent) and the issuer credit ratings of "a+" of Lloyd's Syndicate 2623 and Lloyd's Syndicate 623 (United Kingdom). At the same time, A.M. Best has affirmed the ICR of "bbb+" of Beazley...
Clear Channel Announces Preliminary Results, Acceptance of Tenders and Extension of Its Previously Announced Tender Offer for Senior Notes
SAN ANTONIO-(Business Wire)-September 5, 2008 - Clear Channel Communications, Inc. ("Clear Channel") announced today the preliminary results of its previously announced tender offer to purchase any and all of its outstanding 7.65% Senior Notes due 2010 (CUSIP No. 184502K8) (the "Notes"). The...
Fitch Downgrades $232MM from Ischus CDO I, Ltd/LLC
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings has downgraded ratings on five classes and has removed from Rating Watch Negative three classes of notes issued by Ischus CDO I, Ltd. and Ischus CDO I, LLC (collectively Ischus I). The following rating actions are effective immediately...
Fitch Affirms Popular Mortgage Servicing's US Residential Subprime Servicer Rating at 'RPS2-'
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings takes the following rating action on Popular Mortgage Servicing Inc.'s (PMSI) U.S. residential primary servicer rating: —Residential primary servicer rating for subprime product affirmed at 'RPS2-'. The rating action is based on PMSI's...
Fitch Affirms Whitney Holding's IDRs at 'BBB+/F2'; Outlook Stable
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings has affirmed Whitney Holding Corp.'s (WTNY) long- and short-term Issuer Default Ratings (IDRs) at 'BBB+/F2'. The affirmations reflect relative stability of the core banking franchise despite some weakness in profitability and asset quality...
Fitch Withdraws PMI Guaranty Co. Ratings
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings has announced today that it has withdrawn the following rating of PMI Guaranty Co. (PGC), which was on Rating Watch Negative: PMI Guaranty Co. —Insurer financial strength (IFS) 'A+'. Today's action follows a June 2008 announcement by...
Fitch Affirms Highwoods Properties, Inc. IDR at 'BBB-'; Outlook Stable
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings has affirmed the following ratings for Highwoods Properties, Inc. (NYSE: HIW) and Highwoods Realty Limited Partnership. Highwoods Properties, Inc. (Highwoods or REIT) — Issuer Default Rating (IDR) 'BBB-'; — Preferred stock 'BB...
Fitch Affirms 22 Classes from 5 CWMBS Resecuritization Mortgage Trust Transactions
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings has taken the following rating actions on CWMBS Resecuritization Mortgage Trust Transactions. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed. CWMBS...
Fitch Affirms & Withdraws Ratings of Urstadt Biddle Properties, Inc.
NEW YORK-(Business Wire)-September 5, 2008 - Fitch Ratings affirms and simultaneously withdraws the ratings of Urstadt Biddle Properties, Inc. as follows: — Issuer Default Rating (IDR) affirmed at 'BB+'; — Preferred Stock affirmed at 'BB' The Rating Outlook is Stable. Fitch will no...
Sun Life Financial Earns Top Marks in 2009 Corporate Equality Index
WELLESLEY, Mass.-(Business Wire)-September 5, 2008 - The U.S. division of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF) today announced that it has earned the top rating of 100 percent in the 2009 Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign Foundation...
Fitch Affirms 2 Latin American Structured Fin Transactions
CHICAGO-(Business Wire)-September 5, 2008 - Fitch Ratings has affirmed one Issuer Default Rating (IDR) and four Latin American structured issues. These affirmations are related to the continued positive performance of each transaction as well as regional financial stability. These rating actions...
Northern Indiastat E-Yearbook 2008 Includes an Attached CD, Covering 2500 Data Tables on the Region
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets Delhi, Union Territory of Chandigarh and states of Uttar Pradesh, Uttaranchal, Rajasthan, Himachal Pradesh, Punjab, Jammu and Kashmir and Haryana are provided in comprehensive manner for the post millennium period figures...
ipCapital Group Hires Leading Intellectual Property Strategist
WILLISTON, Vt.-(Business Wire)-September 5, 2008 - Bruce Story, a renowned intellectual property (IP) expert, has been hired as a Senior Advisor at ipCapital Group (ipCG), the nation's leading intellectual property strategy consulting and licensing firms. Story is a recognized leader in IP...
The Amacore Group, Inc. Reports Second Quarter Earnings
LAKE MARY, Fla.-(Business Wire)-September 5, 2008 - The Amacore Group, Inc., (OTC BB: ACGI), a leader in providing health-related membership benefits programs, insurance programs and other innovative and high-quality solutions to individuals, families and employer groups nationwide, today...
Utimaco's Management Board and Supervisory Board Publish Joint Response to Sophos Takeover Offer
OBERURSEL, Germany-(Business Wire)-September 5, 2008 - The Management Board and Supervisory Board of Utimaco Safeware AG today issued a joint statement in response to the voluntary, public takeover offer made on August 21st 2008 by Sophos Holdings GmbH, in accordance with Section 27 of the German...
UK Personal Lending 2008 - Nationwide Saw The Biggest Drop In Advertising Expenditure With Just GBP 287,232 Spent In 2007, Compared To GBP 3.2m In 2006
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets has announced the addition of the "UK Personal Lending 2008" report to their offering. The UK consumer credit market has been a different beast since 2005. Indeed, the years prior to 2005 were characterized by a rampant housing...
Blackstone to Present at the Lehman Brothers Global Financial Services Conference
NEW YORK-(Business Wire)-September 5, 2008 - The Blackstone Group (NYSE: BX) today announced that Tony James, President and Chief Operating Officer of The Blackstone Group, is scheduled to present at the Lehman Brothers Global Financial Services Conference on Tuesday, September 9, 2008 at 1:00 pm...
TSYS Announces Third-Quarter Dividend
COLUMBUS, Ga.-(Business Wire)-September 5, 2008 - TSYS today announced that its board of directors has approved a quarterly cash dividend of $0.07 per share, payable on October 1, 2008, to TSYS shareholders of record at the close of business on September 18, 2008. About TSYS TSYS (NYSE: TSS) is...
Merrill Lynch Hires Dick Barrett and Mark Ellman to Strengthen Investment Banking Coverage of Financial Institutions
NEW YORK-(Business Wire)-September 5, 2008 - Merrill Lynch & Co., Inc. (NYSE: MER) today announced that Dick Barrett and Mark Ellman will be joining Merrill Lynch as vice chairmen, based in New York and reporting to Andrea Orcel, head of Global Origination, Merrill Lynch. Previously Dick and...
New Study Shows Grandparents Plan To Help Finance Their Grandchildren's College Education, But Few Have Coordinated Plans With Their Children
SIMSBURY, Conn.-(Business Wire)-September 5, 2008 - Banks are cutting student loans and financial aid packages are dwindling as the nation's freshman class reaches an all-time high. This back-to-school season, there is good news for parents, according to a new 2008 study from The Hartford...
Wall Street Media Presents Exclusive Conference Videos
NEW YORK-(Business Wire)-September 5, 2008 - Wall Street Media presents an exclusive video of Dr. David Schaeffer, Founder, Chairman and CEO of Cogent Communications Group Inc., (NASDAQ: CCOI) discussing their wide array of major clients, and growth in communication technology. Please visit the...
A.M. Best Company to Discuss Bank Ratings at OBL/ILFI Annual Convention
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. will be exhibiting at the Ohio Bankers League/Illinois League of Financial Institutions (OBL/ILFI) Annual Convention, set for September 10-14 at the Pointe Hilton Tapatio Cliffs Resort in Phoenix, AZ. Representatives will be available...
American Economy Is Resilient In The Face Of Challenges
WASHINGTON-(Business Wire)-September 5, 2008 - Today, the Bureau of Labor Statistics released new jobs figures for August. Nonfarm payroll employment decreased by 84,000 jobs in August, and the unemployment rate rose to 6.1 percent. While these numbers are disappointing, what is most important is...
Company Profile for BancInsure
-(Business Wire)-September 5, 2008 - Founded in 1985 as the only full-line independent insurer focusing completely on financial institutions, BancInsure's understanding of financial institutions and their intricate operations is unmatched in the marketplace. This translates to extraordinary value...
Fitch Affirms Bastrop, Texas' GOs at 'A+'; Outlook Stable
NEW YORK-(Business Wire)-September 5, 2008 - In the course of routine surveillance, Fitch Ratings has affirmed the 'A+' rating on approximately $4.5 million in outstanding general obligation (GO) bonds issued by Bastrop, Texas (the city). The Rating Outlook is Stable. The 'A+' rating reflects the...
Zacks' High Rank Value strategy highlights: CMS Energy, EV Energy Partners, German American Bancorp and Farmers Capital Bank
CHICAGO-(Business Wire)-September 5, 2008 - Many value investors look for stocks trading at Price/Earnings multiples below 15 and Price/Book multiples below 3. Combining these valuation measures with a Zacks Rank of #1 ("Strong Buy") or #2 ("Buy") helps to ensure that a stock is truly undervalued...
The Latest Retail Banking Competitor Tracker from June 2008 is Now Available, Providing Invaluable Data on the Competitive Landscape
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets - Halifax - HSBC - ING - Intesa Sanpaolo - Northern Rock - Lloyds TSB - Rabobank - Banque Populaire du Rwanda - Sumitomo Mitsui Banking Corporation - Suncorp - Unicredit - UOB - Evergrowing Bank - Commonwealth Bank of Australia...
Zacks Releases Four Powerful ''Buy'' Stocks: Albany Molecular Research, Massey Energy, Whiting Petroleum Corp and RadioShack Corporation
CHICAGO-(Business Wire)-September 5, 2008 - Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth...
Examine Regulatory Developments in the UK Payment Card Market: Providing Coverage of Both National and Global Regulatory Issues
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets and domestic interchange are continuing into 2008. However, the final report of the findings by the Competition Commission into the sale of PPI is expected to be published in December 2008. Key reasons to purchase this...
optionsXpress Announces Dividend
CHICAGO-(Business Wire)-September 5, 2008 - optionsXpress Holdings, Inc. (NasdaqGS: OXPS) today announced that its Board of Directors has authorized a cash dividend of $0.08 per share on the Company's outstanding shares of common stock. The dividend is payable on September 29, 2008 to the...
Third Party Intermediaries: Only the Strongest Will Survive
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets take-up, TPIs / Energy brokers managed simply to increase volume by convincing buyers to use their service instead of having a direct relationship with their supplier. Now that buyers appetites for using TPIs have stagnated...
A.M. Best Company's Review & Preview - Europe to Take Place 15 October in London
OLDWICK, N.J.-(Business Wire)-September 5, 2008 - A.M. Best Co. will host a comprehensive one-day conference to explore the issues facing the European insurance industry. The 2008 Review & Preview Conference - Europe will be held on 15 October, from 8:30a.m. to 5:30p.m. at the Honourable...
LCC International Notifies NASDAQ of Voluntary Delisting
MCLEAN, Va.-(Business Wire)-September 5, 2008 - LCC International, Inc. (NASDAQ:LCCI) (the "Company"), a leader in advanced wireless services and solutions, announced today that it notified The NASDAQ Stock Market ("NASDAQ") on September 5, 2008 of its decision to voluntarily delist from The...
Statement of Terence M. O'Sullivan, General President of LIUNA, On the Continuing Loss of Jobs and the Need for Real Economic Stimulus
WASHINGTON-(Business Wire)-September 5, 2008 - The following is a statement by Terence M. O'Sullivan, General President of LIUNA, on the continuing loss of jobs and the need for real economic stimulus: Today's troubling job market report cries out for an immediate economic stimulus program that will...
Concordia: Termination of Equity Hedge
STOCKHOLM, Sweden-(Business Wire)-September 5, 2008 - Regulatory News: Today, Concordia Maritime (STO:CCORB) has terminated the equity hedge that has been in place since 2005 and which currently amounts to USD 135 million, equivalent to approx. 50% of equity. The decision will not have any impact on...
The Upcoming Technology of RFID For Contactless Access Control, Passports and Credit Cards is Too Easy to Compromise Warns Peratech
RICHMOND, England-(Business Wire)-September 5, 2008 - Contactless RFID is well established for access control for buildings; simply wave your pass near the reader and the door opens. This technology is now being rolled out in the UK and around the World for so called 'BioMetric passports' and credit...
Susquehanna Bancshares Announces Consolidation of Subsidiaries and Third Quarter Charges to Earnings
LITITZ, Pa.-(Business Wire)-September 5, 2008 - Susquehanna Bancshares, Inc. announced that the board of directors has approved the consolidation of its three bank subsidiaries into one subsidiary to improve efficiency, customer service and product delivery. This consolidation is expected to be...
SchoolCity Inc. Releases Free State Accountability Reporting Tool to California Educators
MOUNTAIN VIEW, Calif.-(Business Wire)-September 5, 2008 - SchoolCity Inc., a Silicon Valley-based K-12 technology firm announced the release of their 2008 version of California SchoolCharts(TM) for all public schools, districts and county offices of education in the state. They also announced that...
Meridian Bioscience to Present at the Robert W. Baird 2008 Small Cap Healthcare Conference
CINCINNATI-(Business Wire)-September 5, 2008 - Meridian Bioscience, Inc., Cincinnati, Ohio (NASDAQ: VIVO) today announced that the Company has been invited to present at the Robert W. Baird 2008 Small Cap Healthcare Conference on Wednesday, September 10, 2008 at 12:50 p.m. ET at the Intercontinental...
Ariba to Present at Deutsche Bank 2008 Securities Technology Conference
SUNNYVALE, Calif.-(Business Wire)-September 5, 2008 - Ariba Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced its participation in the Deutsche Bank Securities Technology Conference to be held September 8-11 at the Palace Hotel in San Francisco. Ariba Executive...
MVC Capital Announces Third Quarter Fiscal 2008 Results
PURCHASE, N.Y.-(Business Wire)-September 5, 2008 - MVC Capital, Inc. (NYSE: MVC), a publicly traded business development company that makes private debt and equity investments, today announced its financial results for the third quarter ended July 31, 2008. As of July 31, 2008, the Company's net...
Farmers & Merchants Bank of Long Beach Declares Third-Quarter Dividend of $21 Per Share
LONG BEACH, Calif.-(Business Wire)-September 5, 2008 - Farmers & Merchants Bank of Long Beach (OTCBB:FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $21 per share. The dividend is payable on September 30, 2008 to shareholders of record as of...
How to Make Every Day a 401(k) Day
BELLEVUE, Wash.-(Business Wire)-September 5, 2008 - Each year, American workers are honored for their achievements with a day off on Labor Day. But it's no coincidence that directly following Labor Day, there's a day that celebrates the journey of what Americans hope to achieve before they leave the...
Get a Greater Degree of Perspective on This Complex Market with US Small Business Applications Expenditures, 2007-2012
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets We select data sources to provide greatest degree of perspective on each market or segment, in addition to the highest level of data accuracy, stability, and consistency over time. Please Note: Due to the brevity and/or...
DDi Corp. Added to Russell Microcap(R) Index
ANAHEIM, Calif.-(Business Wire)-September 5, 2008 - DDi Corp. (NASDAQ:DDIC), a leading provider of time-critical, technologically-advanced printed circuit board engineering and manufacturing services, today announced that it has been added to the Russell Microcap(R) Index. The Russell indexes...
Franklin Covey Announces Final Results of Tender Offer
SALT LAKE CITY-(Business Wire)-September 5, 2008 - Franklin Covey Co. (NYSE: FC) announced today the final results of its previously announced modified Dutch Auction tender offer to purchase up to 3,111,111 shares of its common stock, which expired at 5:00 p.m., New York City time, on Wednesday...
Zacks Analyst Blog Highlights: MEMC Electronic Materials, Inc., Kookmin Bank, Shanghai Petrochemical Co., Joy Global, Inc. and Alexza Pharmaceuticals, Inc.
CHICAGO-(Business Wire)-September 5, 2008 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: MEMC Electronic...
Zacks Analyst Blog Highlights: SAP AG, H.J. Heinz Co., NewAlliance Bancshares, Inc., Norfolk Southern Corp. and Home Diagnostics, Inc.
CHICAGO-(Business Wire)-September 5, 2008 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SAP AG (NYSE...
Zacks Analyst Interview Highlights: Halliburton, Baker Hughes, Diamond Offshore, Transocean and Pride
CHICAGO-(Business Wire)-September 5, 2008 - Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Sheraz Mian, who Halliburton (NYSE: HAL), Baker Hughes (NYSE: BHI), Diamond Offshore (NYSE: DO), Transocean (NYSE: RIG) and Pride (NYSE: PDE). A synopsis of today's...
Zacks Bull and Bear of the Day Highlights: Allegheny Energy, Novatel, H&R Block, NetEase.com and Neurocrine Biosciences
CHICAGO-(Business Wire)-September 5, 2008 - Zacks Equity Research highlights Allegheny Energy (NYSE: AYE) as the Bull of the Day and Novatel Wireless (Nasdaq: NVTL) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on H&R Block (NYSE: HRB), NetEase.com, Inc. (Nasdaq: NTES...
The Report Contains Up-to-Date Analysis of Best-Practice, Developments and Emerging Trends in Biometrics
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets /Contactless cards/Employee fraud. 11. Conclusions: Establishing the business case for biometrics in finance - Biometrics and strategic pressures/Identity fraud/Regulatory costs/Customer service/Customer...
Wellness Program Return-on-Investment: Benchmarks, Strategies, and Case Studies for Proving the Value of Your Wellness Initiatives Conference CD-ROM
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets of a workplace wellness and health promotion program to senior management ranks as the top concern expressed by professionals responsible for the administration and management of their organizations wellness programming...
Key Analysis of Consumer Trends in UK Online Personal Lending Explored
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets has announced the addition of the "An Analysis of Consumer Trends in UK Online Personal Lending" report to their offering. This report uses the Financial Services Consumer Megatrend Framework to identify the key consumer trends...
Equity Based Services, Inc. Acquires $11.3 Million Facility in Las Vegas
LAS VEGAS-(Business Wire)-September 5, 2008 - Equity Based Services, Inc. ("EBS") announced the acquisition of Silverado Self Storage in Las Vegas, NV. Silverado is located at 8250 South Maryland Parkway, with ample frontage along Interstate 215. This Class-A, institutional investment grade facility...
Redline Trading Solutions Announces the InRush(TM) Embedded Ticker Plant with OPRA FAST
WOBURN, Mass.-(Business Wire)-September 5, 2008 - Redline Trading Solutions, Inc. (www.redlinetrading.com), a provider of software-based accelerated computing and low-latency market data solutions for algorithmic trading, announced the OPRA FAST feed handler option for its InRush(TM) embedded ticker...
Mentor Capital, Inc. Initiates Trading at $1.05/sh (P/E of 2.7x)
SAN DIEGO-(Business Wire)-September 5, 2008 - Mentor Capital, Inc. (Pink Sheets: MNTR) began trading under its new symbol MNTR, at an initial Asking price of $1.05 per share. The initial price calculates to a current P/E ratio of 2.7x on a diluted basis. The Company holds 99 cents per diluted...
A Report on the Affluent Consumer Market in Australia for 2008: Covering Consumer Demographics, Consumer Satisfaction & Major Trends
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets has announced the addition of the "The Affluent Consumer Market in Australia 2008" report to their offering. The affluent consumer market living in Australia provides an attractive market for financial institutions to target...
Research and Markets: A Report on the Marine-Bred Aquatics Industry in China is Now Available: Including Market Characteristics, Industry Conditions & Key Competitors
DUBLIN, Ireland-(Business Wire)-September 5, 2008 - Research and Markets economically suitable for artificial farming. These establishments use some form of intervention methods in the rearing process to enhance production, such as holding in captivity, regular stocking, feeding, and protection...
Nara Bancorp Appoints Cliff Sung as Chief Credit Officer
LOS ANGELES-(Business Wire)-September 5, 2008 - Nara Bancorp, Inc. (NASDAQ:NARA) today announced that Cliff Sung has been named to the position of Chief Credit Officer. Mr. Sung replaces Bonnie Lee, who submitted her resignation as Chief Credit Officer in order to accept the position of Director and...
CardTrak.com Launches a Special Pre-Holiday Sweepstakes
NAPLES, Fla.-(Business Wire)-September 4, 2008 - CardTrak.com(R), the nation's most established and most trusted credit card advisory service for consumers, today announced it has launched a special pre-holiday sweepstakes. The contest, which began August 18, 2008 and will end September 30, 2008...
Jefferson Bancshares, Inc. Announces Agreement to Acquire State of Franklin Bancshares, Inc.
MORRISTOWN, Tenn.-(Business Wire)-September 4, 2008 - Jefferson Bancshares, Inc. (Nasdaq: JFBI) announced today that it has signed a definitive merger agreement with State of Franklin Bancshares, Inc., Johnson City, Tennessee, under which State of Franklin Bancshares will merge into Jefferson...
Fitch to Upgr Chicago O'Hare Int'l Airport Gen'l Air. 3rd Lien Revs, Ser 2005C to 'AA'; Confs 'F1+'
NEW YORK-(Business Wire)-September 4, 2008 - Effective Sept. 11, 2008, Fitch Ratings will upgrade the long-term rating to 'AA' and confirm the short-term 'F1+' rating assigned to the $200,000,000 Chicago O'Hare International Airport general airport third lien revenue bonds, series 2005C (the bonds...
Fitch Rates Ohio's $240MM GO Infrastructure Improvement & $56MM GO Rfdg Bonds 'AA+'
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings assigns an 'AA+' rating to State of Ohio infrastructure improvement general obligation (GO) bonds, consisting of: —$240 million infrastructure improvement GO bonds, series 2008A; —$56.7 million infrastructure improvement GO...
East West Bancorp to Present at Lehman Brothers Global Financial Services Conference
PASADENA, Calif.-(Business Wire)-September 4, 2008 - East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, today announced that Thomas Tolda, Executive Vice President and Chief Financial Officer, will present at the Lehman Brothers Global Financial Services Conference in New York...
Tampa Bay Investor Group to Make Significant Investment in Gunn Allen
TAMPA, Fla.-(Business Wire)-September 4, 2008 - A local investment group led by John H. Sykes, founder and chairman emeritus of Sykes Enterprises, Incorporated, has signed an agreement to purchase a significant interest in Gunn Allen Holdings, Inc., the parent company of Tampa-based GunnAllen...
Citi Third Quarter 2008 Earnings Review
NEW YORK-(Business Wire)-September 4, 2008 - Gary Crittenden, Citi's Chief Financial Officer, will review third quarter results on Thursday, October 16th, 2008, at 10:00 AM (ET). Third quarter results will be issued via press release at approximately 7:00 AM (ET) on Thursday, October 16th, 2008. A...
Fitch Rates Oklahoma Gas & Electric's $250MM 6.35% Notes 'AA-'; Outlook Stable
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has assigned a senior unsecured rating of 'AA-' to Oklahoma Gas & Electric's (OG&E) $250 million issuance of 6.35% senior notes, due Sept. 1, 2018. The notes are senior unsecured obligations of OG&E and rank pari passu with other...
Fitch to Upgr Chicago O'Hare Int'l Airport 3rd Lien Revs, Ser 2005D to 'AAA'; Confs 'F1+'
NEW YORK-(Business Wire)-September 4, 2008 - Effective Sept. 11, 2008, Fitch Ratings will upgrade the long-term rating to 'AAA' and confirm the short-term F1+' rating assigned to the $100,000,000 Chicago O'Hare International Airport general airport third lien revenue bonds, series 2005D (the bonds...
Associated Banc-Corp Launches InterNotes(R) Program
GREEN BAY, Wis.-(Business Wire)-September 4, 2008 - Associated Banc-Corp (NASDAQ: ASBC) announced the filing of a prospectus supplement with the U.S. Securities and Exchange Commission for the issue from time to time of up to $100 million aggregate principal amount of its Associated Banc-Corp...
Mercantil Commercebank Increases Capital by $70M
CORAL GABLES, Fla.-(Business Wire)-September 4, 2008 - Mercantil Commercebank, one of the largest privately held banks in South Florida with more than $6.0 billion in assets, announced today an increment of $70 million in capital from its holding company, Mercantil Commercebank Holding...
Health Care REIT, Inc. Announces Pricing of 7,000,000 Shares of Common Stock at $48.00 Per Share
TOLEDO, Ohio-(Business Wire)-September 4, 2008 - Health Care REIT, Inc. (NYSE:HCN) today announced the pricing of its underwritten public offering of 7,000,000 shares of common stock at $48.00 per share. The offering was increased in size from 6,000,000 shares in response to investor demand. The...
TDX Independence Funds Board Announces New Appointment
NEW YORK-(Business Wire)-September 4, 2008 - The Board of Directors of the TDX Independence Funds, Inc. announced today that Jeffrey Feldman, Founder and Chief Strategist of XShares Group, Inc., has been elected Director and Chairman of the TDX Independence Funds, Inc. Board of Directors...
Moniker Unveils Premium Contenders for Its Upcoming Domain Name Auction at T.R.A.F.F.I.C. NYC 2008
POMPANO BEACH, Fla.-(Business Wire)-September 4, 2008 - Moniker.com . Please visit http://www.oversee.net.
Fitch Affs Orange Cnty Public Fin Auth (CA) $41.9MM Waste Mgmt Sys Rfdg Bnds 1997 at 'A+'
NEW YORK-(Business Wire)-September 4, 2008 - During the course of routine surveillance Fitch Ratings affirms the 'A+' rating on Orange County Public Financing Authority, CA $41.9 million outstanding waste management system refunding bonds, series 1997. The bonds mature in 2014. The Rating Outlook is...
Fitch Expects to Rate World Fin'l Network CC Master Note Trust, Series 2008-A Notes
NEW YORK-(Business Wire)-September 4, 2008 - Fitch expects to rate World Financial Network Credit Card Master Note Trust, series 2008-A fixed/floating rate asset-backed notes as follows: —$75,000,000 Class A (2008-A) 'AAA'; —$3,560,000 Class M (2008-A) 'AA'; —$4,509,000 Class B...
Fitch Expects to Rate World Financial Network CC Master Note Trust, Series 2008-B
NEW YORK-(Business Wire)-September 4, 2008 - Fitch expects to rate World Financial Network Credit Card Master Note Trust, series 2008-B fixed/floating rate asset-backed notes as follows: — $102,750,000 Class A (2008-B) 'AAA'; — $4,878,000 Class M (2008-B) 'AA'; — $6,178,000 Class B...
Janney Montgomery Scott LLC Hires H. Jeffrey Spivack as Director of Financial and Estate Planning
PHILADELPHIA-(Business Wire)-September 4, 2008 - Janney Montgomery Scott LLC ("Janney"), a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, announced today that H. Jeffrey Spivack has joined the established team of professionals in...
New Consumer Video "Fannie and Freddie: Why They Matter to You" Released by C.A.R.
LOS ANGELES-(Business Wire)-September 4, 2008 - The CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) today released "Fannie and Freddie: Why They Matter to You," a new video featuring C.A.R. Executive Vice President Joel Singer. A former economist, Singer is a real estate industry veteran and has held...
Low Mileage, Gas-Saving Motorists Get Insurance Break With New "Trust-based" PAYD Insurance
SAN FRANCISCO-(Business Wire)-September 4, 2008 - Low mileage drivers now have a new way to reduce the amount they spend on their auto premiums - one that fully protects their privacy. Real Insurance (www.realinsurance.com.au), Australia, and Exigen Insurance Solutions (www.exigeninsurance.com), San...
Fidelity(R) Nasdaq Composite Index(R) Tracking Stock to Declare Distribution
BOSTON-(Business Wire)-September 4, 2008 - Fidelity Investments(R) announced today that the Fidelity(R) Nasdaq Composite Index(R) Tracking Stock (NASDAQ: ONEQ) will declare a quarterly distribution payable to shareholders of record at the close of business on September 23, 2008. The amount of such...
Fitch Rtes Gwinnett County Devel. Auth. (Georgia) $14.5MM Revs 'AAA'; Outlook Stable
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings assigns an 'AAA' rating to the Development Authority (the authority) of Gwinnett County (the county), Georgia's approximately $14.5 million revenue bonds (Gwinnett Recovered Materials Processing Facility Project), series 2008. The bonds...
Reis, Inc. Announces Bulk Sale of Lots and Debt Reductions
NEW YORK-(Business Wire)-September 4, 2008 - Reis, Inc. (NASDAQ:REIS) ("Reis" or the "Company") today announced that it has completed the sale of eight partially improved lots, in a single transaction, to a regional homebuilder for $900,000 at the Orchards. The Orchards is the Company's single...
Legacy Bancorp, Inc. Declares Quarterly Cash Dividend of $0.05 per Common Share
PITTSFIELD, Mass.-(Business Wire)-September 4, 2008 - Legacy Bancorp, Inc. (the "Company" or "Legacy") (NASDAQ: LEGC), the holding company for Legacy Banks (the "Bank"), today announced that its Board of Directors has declared a cash dividend of $0.05 per common share. The dividend will be paid on...
Tenet to Discuss Results for Third Quarter Ending Sept. 30, 2008 via Webcast on Nov. 4
DALLAS-(Business Wire)-September 4, 2008 - Tenet Healthcare Corporation (NYSE: THC) will announce results for its third quarter ending Sept. 30, 2008, before the market opens on Tuesday, Nov. 4, 2008. At 10:00 a.m. (EST) on Nov. 4, 2008, Tenet management will discuss the results via an audio webcast...
Photo from an American Express Collaboration with 'Project Runway' Guest Judge and Famed Designer Diane von Furstenberg is Available On Business Wire's Web Site and AP PhotoExpress
-(Business Wire)-September 4, 2008 - A photo from an American Express collaboration with 'Project Runway' guest judge and famed designer Diane von Furstenberg is available on Business Wire's web site and AP PhotoExpress. Photo caption: American Express collaborated with 'Project Runway' guest...
BlackRock Closed-End Municipal Fund Data Released For July 2008
NEW YORK-(Business Wire)-September 4, 2008 - BlackRock, Inc. today announced that it released data for its closed-end municipal funds for July 2008. This information can be found in the "Closed-End Funds" section of www.blackrock.com. About BlackRock BlackRock is one of the world's largest...
NRG Energy, Inc. Provides Progress Update on its 2008 Capital Allocation Program
PRINCETON, N.J.-(Business Wire)-September 4, 2008 - NRG Energy, Inc. (NYSE: NRG) today announced significant progress made, since the Company's earnings call on July 29, toward achieving its 2008 capital allocation goals, marked by the purchase of $130 million in common shares and unwinding the...
ADDING MULTIMEDIA USAA Aligns the Stars to Salute the Troops on ABC, Sunday, September 7 9/8c
SAN ANTONIO-(Business Wire)-September 4, 2008 - A diverse cross-section of America's most popular performers and entertainers - including Toby Keith, Janet Jackson, ZZ Top, Jessica Simpson, Snoop Dogg and others - are coming together on the same stage for one night only at an all-star salute to...
IDT Carmel Holdings Appoints Collections Industry Veterans
NEWARK, N.J.-(Business Wire)-September 4, 2008 - IDT Carmel Holdings, Inc., a subsidiary of IDT Corporation (NYSE: IDT; IDT.C) today announced its new management team including leading debt collection and portfolio executives. The IDT Carmel management team will be headed by President and COO Mark...
NRG Energy, Inc. Commences $2 Billion Private Debt Exchange Offers and Consent Solicitations for its 7.250% Senior Notes Due 2014, 7.375% Senior Notes Due 2016 and 7.375% Senior Notes Due 2017
PRINCETON, N.J.-(Business Wire)-September 4, 2008 - In an effort to migrate to a more appropriate and efficient capital structure, NRG Energy, Inc. (NYSE: NRG) today announced that it has commenced offers to exchange up to a maximum of $2.0 billion in aggregate principal amount of its existing...
TD AMERITRADE Details New Executive Appointments
OMAHA, Neb.-(Business Wire)-September 4, 2008 - TD AMERITRADE Holding Corporation (NASDAQ: AMTD) has updated the structure of its management team as it seeks to extend its leadership position in the trading business, continue its success as an asset gatherer and better position itself for future...
Fitch Affirms 2 Classes from 1 CSMC Resecuritization Trust
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following rating actions on one CSMC Resecuritization Trust. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed. CSMC 2006-1R —1A1 affirmed at 'AAA...
Chase Reopens 101 Branches in Louisiana
NEW ORLEANS-(Business Wire)-September 4, 2008 - In the aftermath of Hurricane Gustav, Chase has opened 101 branches and 228 ATMs in Louisiana, including many locations in the hardest hit areas of the state. Chase has opened 21 branches in Acadiana, 9 in Baton Rouge and 14 in New Orleans, as well...
Fitch Affirms 10 Classes from 1 BCAP Resecuritization Transaction
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following rating actions on BCAP Resecuritization Trust certificates. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed. BCAP 2006-RR1 —AR...
MVC Capital Announces Investment in Lithuania-based Engineering Solutions Company, FIMA, UAB
PURCHASE, N.Y.-(Business Wire)-September 4, 2008 - MVC Capital, Inc. (NYSE: MVC), a publicly traded business development company that makes private debt and equity investments, today announced that in partnership with Riga Capital SARL ("RC"), it has made a $28.1 million equity investment in FIMA...
1-800-FLOWERS.COM(R) Further Strengthens its Balance Sheet With $150 Million Amendment to its Bank Credit Facility
CARLE PLACE, N.Y.-(Business Wire)-September 4, 2008 - 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), the world's leading florist and gift shop, today reported that on August 28, 2008, the Company entered into a $293 million amended and restated credit agreement with a syndicate of banks and other financial...
Fitch Downgrades 5 Classes of Notes of Independence V CDO, Ltd.; Resolves Rating Watch
NEW YORK-(Business Wire)-September 4, 2008 - Fitch downgrades the ratings of five classes of notes issued by Independence V CDO, Ltd. (Independence V). The following rating actions are effective immediately: —$194,496,493 Class A-1 Notes downgraded to 'CCC' from 'BBB-' and removed from...
Fitch Rates Pasadena, Texas' GOs 'AA-'; Outlook Stable
AUSTIN, Texas-(Business Wire)-September 4, 2008 - Fitch Ratings assigns an 'AA-' rating to Pasadena, Texas' (the city) approximately $21.6 million general obligation (GO) bonds, series 2008. Additionally, Fitch affirms the 'AA-' rating on the city's outstanding $118 million GO bonds and $17...
Fitch Rates New York City's $790MM GOs 'AA-'; Outlook Stable
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has assigned an 'AA-' rating to New York City, NY's (the city) $790 million general obligation (GO) bonds fiscal 2009 series B, consisting of the following: —$700 million subseries B-1 tax-exempt bonds; —$90 million subseries B-2...
A.M. Best Comments on Unitrin's Purchase of Direct Response Corporation
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has commented that the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of Unitrin Property and Casualty Insurance Group (Unitrin) and its member companies are unchanged at this time following the...
A.M. Best Places Ratings of Response Insurance Group and Its Members Under Review with Positive Implications
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has placed the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of "bbb" of Response Insurance Group (Response) and its following members under review with positive implications: Response Insurance Company...
Bernard Marcus, Chairman, The Marcus Foundation and Co-Founder and Former Chair of The Home Depot, Announced as Keynote Speaker for Venture Atlanta 2008
ATLANTA-(Business Wire)-September 4, 2008 - Venture Atlanta, the premier investor showcase for emerging technology companies in Georgia, today announced that Bernard Marcus, co-founder of The Home Depot, Inc. and chairman of the Marcus Foundation, will deliver the keynote address on October 16...
Sandeep Varma Named One of the Top 100 Independent Financial Advisors in America
SAN DIEGO-(Business Wire)-September 4, 2008 - Sandeep Varma, an LPL financial advisor with wealth management firm Advanced Trustees Strategies (ATS) and author of the book The 7 Biggest Mistakes Trustees Make...And How to Avoid Them, has been named one of the "Top 100 Independent Financial...
Fitch Takes Action on 1 Citigroup Mortgage Loan Trust Resecuritization Transaction
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following actions on Citigroup Mortgage Loan Trust certificates. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed and remain on or have been removed from...
Merrill Lynch to Announce Third Quarter 2008 Results on October 16
NEW YORK-(Business Wire)-September 4, 2008 - Merrill Lynch & Co., Inc. (NYSE: MER) plans to announce third quarter 2008 results on Thursday, October 16, 2008. John A. Thain, chairman and chief executive officer, and Nelson Chai, chief financial officer, plan to host a conference call that day at...
Kenexa to Present at the Jefferies 2nd Annual Technology Conference
WAYNE, Pa.-(Business Wire)-September 4, 2008 - Kenexa(R) (Nasdaq: KNXA), a global provider of talent acquisition and retention solutions, today announced that its Chief Financial Officer, Don Volk, is presenting at the Jefferies 2nd Annual Technology Conference in New York City on Thursday...
Quiksilver, Inc. Reports Fiscal 2008 Third Quarter Financial Results
HUNTINGTON BEACH, Calif.-(Business Wire)-September 4, 2008 - Quiksilver, Inc. (NYSE:ZQK) today announced operating results for the third quarter ended July 31, 2008. Consolidated net revenues from continuing operations for the third quarter of fiscal 2008 increased 7% to $564.9 million, from...
Top Credit Union Executives Pack Annual CEO/Directors' Forum in Sonoma, Calif.
LOMBARD, Ill.-(Business Wire)-September 4, 2008 - Raddon Financial Group (RFG), a strategic business unit of Open Solutions Inc.(R), hosted its annual CEO/Directors' Forum for CEOs and directors of credit unions with assets in excess of $500 million or more. The forum, held Aug. 6 - 8 at the...
The Hartford To Webcast International Investor Meeting Live From Tokyo On September 10
HARTFORD, Conn.-(Business Wire)-September 4, 2008 - The Hartford Financial Services Group, Inc. (NYSE: HIG) one of the nation's largest and most diversified financial services companies, will host a live webcast of its international investor meeting in Tokyo on September 10 from 12:30 a.m. to 3:00...
Pioneer Investments Appoints New Portfolio Manager for Pioneer Growth Opportunities Fund
BOSTON-(Business Wire)-September 4, 2008 - Pioneer Investments today announced that Brian E. Stack has been named portfolio manager of Pioneer Growth Opportunities Fund (PGOFX) and Pioneer Growth Opportunities VCT Portfolio effective Sept. 3, 2008. Stack heads a three-person U.S. Small Cap Growth...
Wells Fargo to Present at Lehman Brothers Global Financial Services Conference
SAN FRANCISCO-(Business Wire)-September 4, 2008 - Wells Fargo & Company (NYSE:WFC) said today that President & CEO John Stumpf is scheduled to deliver a presentation at the Lehman Brothers Global Financial Services Conference in New York on Wednesday, September 10, at 9 a.m. Eastern Time...
United Online to Present at the Deutsche Bank 2008 Technology Conference
WOODLAND HILLS, Calif.-(Business Wire)-September 4, 2008 - United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer products and services over the Internet, today announced that Mark R. Goldston, the company's chairman, president and chief executive officer, and Scott H. Ray, executive vice...
Time Warner Cable Inc. to Report Third-Quarter 2008 Results
NEW YORK-(Business Wire)-September 4, 2008 - Time Warner Cable Inc. (NYSE: TWC) will report its third-quarter 2008 results on Wednesday, November 5, 2008, before the market opens. Senior management will host a conference call beginning at 8:30 am ET to discuss the results. The dialing instructions...
CreditCards.com: Weekly Credit Card Rate Report
AUSTIN, Texas-(Business Wire)-September 4, 2008 - Annual percentage rates for new credit card offers showed mixed movement this week amid a reshuffling of card offers, according to the CreditCards.com Weekly Credit Card Rate Report. Data shows that a weak job market is having a dampening effect on...
Fitch Rates Jacksonville, Florida's $54.5MM Special Revs 'AA-'
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has assigned an 'AA-' rating to Jacksonville, Florida's (the city) approximately $54.5 million special revenue bonds, series 2008. The bonds are scheduled to price Sept. 16, with the proceeds to be used to fund various general government...
Storm Exchange Releases Fall 2008 Weather Risk Outlook
NEW YORK-(Business Wire)-September 4, 2008 - Storm Exchange, Inc., a market leader in weather-risk management services, today released its Fall 2008 Weather Risk Outlook, a 90-day projection of the impacts of the weather on businesses in the agriculture, retail and energy industries. Based on a...
Fitch Affirms Ratings on 33 U.S. Utility Tariff ABS Deals
NEW YORK-(Business Wire)-September 4, 2008 - Fitch has affirmed ratings on its 33 rated outstanding U.S. utility tariff bond transactions following completion of its sector review. All of the bonds in the portfolio are performing as originally expected. A significant contributor to the strong...
Ardour Solar Energy Index(SM) Returned -24.80 Percent Year-to-Date Through August 2008
NEW YORK-(Business Wire)-September 4, 2008 - The Ardour Solar Energy Index(SM) (Bloomberg ticker: SOLRX), the pure-play leader in tracking the solar energy industry, returned 8.4% in August 2008 and -24.8% year-to-date through end-August 2008.* The SOLRX index is comprised of a basket of...
Fitch Downgrades Beazer's IDR to 'B-'; Outlook Negative
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has downgraded and removed from Rating Watch Negative Beazer Homes USA, Inc.'s (Beazer) Issuer Default Rating (IDR) and outstanding debt ratings as follows: —IDR to 'B-' from 'B'; —Senior notes to 'CCC+/RR5' from 'B-/RR5...
BankAtlantic Bancorp, Inc. Announces Effective Date of Reverse Stock Split
FORT LAUDERDALE, Fla.-(Business Wire)-September 4, 2008 - BankAtlantic Bancorp, Inc. (NYSE:BBX) announced today that it intends to effect its previously announced one-for-five reverse split of its common stock as of the close of business on September 26, 2008. As previously announced, at the...
Dutton Associates Announces Investment Opinion: NexMed Lowered To Speculative Buy Rating In Research Note By Dutton Associates
ROSEVILLE, Calif.-(Business Wire)-September 4, 2008 - Dutton Associates updates its coverage of NexMed (Nasdaq:NEXM), lowering its rating to Speculative Buy and a $1.00 price target. The research note by Dutton senior analyst Denise Resnik, MS is available at www.jmdutton.com as well as from First...
Modular Building Company Tops Inc Magazine's Fastest Growing Private Companies List
NEW YORK-(Business Wire)-September 4, 2008 - M Space Holdings, LLC, a leading provider of modular buildings, landed on Inc. magazine's list of the 5000 fastest growing private companies for the second year in a row. M Space ranked number 28 in the top 100 Construction Companies, number 35 in the Top...
Adam Friedman Associates, in Partnership with Nortia Capital Partners, Announces Fall 2008 China Growth Conference to Be Held October 23 at the Harvard Club of New York City
NEW YORK-(Business Wire)-September 4, 2008 - Adam Friedman Associates (AFA), a leading New York-based communications consultancy specializing in investor relations and financial communications, today announced that it is once again partnering with Nortia Capital Partners to host the Fall 2008...
Fitch Downgrades and Withdraws Rating on Class B-E of CPORTS 2006-1
CHICAGO-(Business Wire)-September 4, 2008 - Fitch Ratings has downgraded the rating on CPORTS 2006-1 EUR55,388,000 Class B-E Fixed Rate Notes due 2013 to 'BB+' from 'AA-'and removed it from Rating Watch Negative. Fitch simultaneously withdraws the rating on the notes. The issuer announced noteholder...
Fitch Rates Florida HFC's $100MM Mortgage Revenue Bonds 'AA+'
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has assigned an 'AA+' rating to Florida Housing Finance Corporation's (FHFC) $100 million homeowner mortgage revenue bonds, 2008 series 3. The bonds are expected to be sold through negotiation this week and are expected to close on or...
UBS Names Carsten Kengeter Global Head of Fixed Income, Currencies and Commodities
LONDON & NEW YORK-(Business Wire)-September 4, 2008 - Regulatory News: UBS (NYSE:UBS)(SWX:USBN) today announced the appointment of Carsten Kengeter as Global Head of the Fixed Income, Currencies and Commodities (FICC) business within its Investment Bank. Kengeter will join UBS from Goldman Sachs...
The Principal Reminds Employees to Take Control of Their Financial Future on 401(k) Day
DES MOINES, Iowa-(Business Wire)-September 4, 2008 - National 401(k) Day is Sept. 5 and the Principal Financial Group(R) is reminding workers that they are in control of their own financial future. "We understand the current economy is forcing Americans to make tough choices when it comes to...
ONN Sidewinder Video Report: Big Increase in Clorox Co. (CLX).
CHICAGO-(Business Wire)-September 4, 2008 - The Sidewinder Report, the www.onn.tv daily options news program recorded live on the floor of the Chicago Board Options Exchange, today examined options trading in the following securities: Clorox Co. (CLX) Legg Mason Inc. (LM) Akamai Technologies Inc...
Texas Capital Bancshares to Present at Lehman Brothers Global Financial Services Conference
DALLAS-(Business Wire)-September 4, 2008 - Texas Capital Bancshares, Inc. (NASDAQ:TCBI), parent company of Texas Capital Bank, announced today that President and Chief Executive Officer George Jones and Chief Financial Officer Peter Bartholow will speak at the upcoming Lehman Brothers conference...
U.S. Global Investors Announces FY08 Earnings Webcast
SAN ANTONIO-(Business Wire)-September 4, 2008 - U.S. Global Investors, Inc. (NASDAQ: GROW) will host a webcast on Thursday, September 11, 2008, at 10 a.m. Central time to discuss the company's earnings for the quarter and fiscal year ended June 30, 2008. Financial data for the quarter will be...
WIA & WIW Announce the Availability of Most Recent Semiannual Shareholder Reports
LISLE, Ill.-(Business Wire)-September 4, 2008 - Claymore announces the availability of the most recent semiannual shareholder reports for Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE: WIA) and Western Asset/Claymore Inflation-Linked Opportunities & Income Fund...
Zacks Earnings and Margins Strategy highlights: Bio-Rad Labs, Sport Supply Group, Yucheng Technologies and National Bankshares
CHICAGO-(Business Wire)-September 4, 2008 - Earnings are the single most important metric for a company. Combine that with a healthy Net Profit Margin and you find a screen that has generated a cumulative return of +623.7% since January 2001. For 2006, this Profit Track has returned 23.4%. For the...
Zacks #1 Rank Top Performers: CNOOC, UTi Worldwide, True Religion Apparel, Comfort Systems USA and Innophos Holdings
CHICAGO-(Business Wire)-September 4, 2008 - Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were CNOOC Limited (NYSE: CEO), UTi Worldwide Inc. (NASDAQ: UTIW), True Religion Apparel...
BlackRock to Host Commodities Roundtable Briefing
-(Business Wire)-September 4, 2008 - BlackRock -0- *T Where: BlackRock, Inc. 40 East 52nd Street 4th floor New York, NY 10022 When: Monday, September 8th 3:00 pm Who: Host - Robert Kapito, President, BlackRock, Inc...
Zacks Releases Four Powerful ''Buy'' Stocks: ReneSola, Murphy Oil, Skilled Healthcare Group and United Stationers
CHICAGO-(Business Wire)-September 4, 2008 - Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth...
Reserve Yield Plus Fund Receives 5-Star Overall Morningstar Rating(TM)
NEW YORK-(Business Wire)-September 4, 2008 - The Reserve, the world's most experienced money fund manager(SM), announced today that its Reserve Yield Plus Fund(SM) Class Treasurer's Trust (RYPTX) and Class R (RYPQX) both received a 5-Star Overall Morningstar Rating(TM), the highest overall rating by...
ONN.tv Report: Lehman Brothers (LEH) Buy-Out Possible.
CHICAGO-(Business Wire)-September 4, 2008 - Options News, the daily video news program on www.onn.tv, discusses the possible buy-out of Lehman Brothers (LEH), the rise of El Paso Corp. (EP) shares, and the macro economics of the VIX and the USO. For the full video report, visit...
Agresso North America Reports 74% Growth
VICTORIA, British Columbia-(Business Wire)-September 4, 2008 - Agresso, the ERP market's definition of agility, has announced an increase in revenues of 74 percent for the six months ending June 30 compared to the same period in 2007, continuing its impressive growth path in the U.S. and despite the...
Fitch Affirms 5 classes from 1 J.P. Morgan Mortgage Trust Resecuritization Transaction
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following rating actions on J.P. Morgan Mortgage Trust certificates. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that have been affirmed. J.P. Morgan Mortgage Trust 2008-R1...
Fitch: 1 Class from 1 First Horizon Re-REMIC Deal Remains on Watch Negative
NEW YORK-(Business Wire)-September 4, 2008 - The following class of certificates from the First Horizon 2006-RE1 transaction listed below remains on Rating Watch Negative by Fitch Ratings. First Horizon Alternative 2006-RE1 —Class A1 'AAA'. The class represents a beneficial ownership...
Research and Markets: Analyse the Principal Financial Group in This Detailed Company Profile: Providing a SWOT Analysis, Company Overview and Latest Company Statement
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "Principal Financial Group, The - SWOT Analysis" company profile to their offering. Our Principal Financial Group, The - SWOT Analysis company profile is the essential source for top-level...
The Principal Financial Group Making Waves with the National Association of Insurance and Financial Advisors
DES MOINES, Iowa-(Business Wire)-September 4, 2008 - To demonstrate its strong commitment to financial representatives across the country, the Principal Financial Group(R) has signed on as a gold-level sponsor of the 2008 National Association of Insurance and Financial Advisors (NAIFA) convention...
BBVA Completes Conversion of Second U.S. Subsidiary Bank to Compass Platform as Scheduled
BIRMINGHAM, Ala.-(Business Wire)-September 4, 2008 - The BBVA Group today announced the successful conversion of Texas State Bank into Compass Bank marking significant progress toward BBVA's U.S. integration plan and the launch of the BBVA Compass brand. At the close of business on Thursday...
Fitch Places 1 Class from SASCO 2007-5R on Rating Watch Negative
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following rating action on Structured Asset Securities Corporation Trust (SASCO) 2007-5R. The class represents a beneficial ownership interest in separate trust funds, which include bonds that have been placed on Rating Watch...
Claymore/Raymond James SB-1 Equity ETF Initiates Trading on NYSE Arca Under "RYJ"
LISLE, Ill.-(Business Wire)-September 4, 2008 - Claymore Securities, Inc., the third fastest-growing exchange-traded fund provider in 2007* announced that the Claymore/Raymond James SB-1 Equity ETF began trading on NYSE Arca under the ticker symbol "RYJ" today. The Claymore/Raymond James SB-1 Equity...
Fitch Affirms 1 Class from 1 GSAA Trust Re-REMIC Deal
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has taken the following rating actions on the GSAA Trust resecuritization certificates listed below. The classes represent a beneficial ownership interest in separate trust funds, which include bonds that are on Rating Watch Negative. GSAA...
BATS Reports Record Matched Market Share for August
KANSAS CITY, Mo.-(Business Wire)-September 4, 2008 - BATS Trading, an innovative and technology leading U.S. market center, reported a new record in matched market share of 10.23% in August. BATS also reported a new record internal match rate of nearly 88%. For the month of August, vital market...
Research and Markets: SutureAid Product Pipeline Analysis - Assess the Company's Future Growth by Determining Its Pipeline Depth, For Probable Acquisition Opportunities
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "SutureAid Product Pipeline Analysis" company profile to their offering. This report is an insightful source for data, analysis and strategic insights into a SutureAid's pipeline and...
Options on Market Vectors-Nuclear Energy ETF Begin Trading on CBOE(R)
NEW YORK-(Business Wire)-September 4, 2008 - The Chicago Board Options Exchange(R) (CBOE(R)) has launched trading of options on Market Vectors-Nuclear Energy ETF (ticker: NLR), an exchange-traded fund. NLR options began trading on August 21. NLR seeks to replicate as closely as possible, before fees...
RAC Management Solution from CareMedic Drives Superior Preparation and Management of Entire Recovery Audit Contractor (RAC) Process
ST. PETERSBURG, Fla.-(Business Wire)-September 4, 2008 - CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced the launch of a new solution to help hospitals prepare for, track and effectively manage the entire Recovery Audit Contractor...
Media Alert: Ray of Hope in Subprime Crisis; Leading Mortgage Loan Servicing Company Sees Delinquencies Flatten or Decline
WEST PALM BEACH, Fla.-(Business Wire)-September 4, 2008 - One of the nation's leading subprime mortgage servicers reports that delinquencies on the subprime mortgages it handles flattened or declined this summer, in large measure due to its technology-enhanced loan modification program. The...
Assured Guaranty Corp. Guarantees $339 Million in Bonds for Louisville Arena Authority and Announces August U.S. Public Finance New Issue Volume
NEW YORK-(Business Wire)-September 4, 2008 - Assured Guaranty Corp. ("Assured" or the "Company"), the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd. (NYSE:AGO), announced today that it guaranteed $319 million of fixed rate tax-exempt and $20 million of fixed rate taxable bonds...
Zacks Industry Rank Analysis Highlights: Capital One, Fannie Mae, Lehman Brothers, Pulte Homes and Toll Brothers
CHICAGO-(Business Wire)-September 4, 2008 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis includes Capital One (NYSE: COF), Fannie Mae (NYSE: FNM), Lehman Brothers (NYSE: LEH), Pulte Homes (NYSE: PHM) and Toll Brothers (NYSE: TOL). To see the Zacks...
"Drive It Now" - Car Payment Advertising for Online Auctions, Classifieds and Dealer Websites
CINCINNATI-(Business Wire)-September 4, 2008 - Automobile Consumer Services, Inc. (ACS), announced today, a new service that gives vehicle sellers who list their cars on eBay, classifieds, and their own websites, the ability to quote competitive loan and lease payments with the "Drive It Now...
BB&T Insurance Services to Offer Customers MyTerm(SM), a New Online Life Insurance Product
NEWARK, N.J.-(Business Wire)-September 4, 2008 - Prudential Financial, Inc. (NYSE:PRU) today announced it is partnering with BB&T Insurance Services to offer MyTerm(SM), an immediate issue term life insurance policy available through the Internet, to its customers. Through an online simplified...
CORRECTING and REPLACING Ault Glazer & Co., Inc. names Bill Dully CEO and Chairman
IRVINE, Calif.-(Business Wire)-September 4, 2008 - In third graph, second sentence of release, URL for Adult Entertainment Capital Corporation, Inc. should read: http://www.adultentertainmentcapital.com. The corrected release reads: AULT GLAZER & CO., INC. NAMES BILL DULLY CEO AND CHAIRMAN Dully...
Fitch Report: External Weaknesses Constrain Colombia's Sovereign Ratings
NEW YORK-(Business Wire)-September 4, 2008 - In a special report released today, Fitch Ratings says that weak trade integration, high commodity dependence and a narrow export base are important structural weaknesses of Colombia. Institutionalization of Colombia's trade and financial linkages as well...
Examine On-Trend Innovation & Marketing Concepts With an Analysis of Convenience Mega-Trends
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "On-Trend' Innovation & Marketing Concepts: The Convenience Mega-Trend" report to their offering. Innovation is a major driver of growth yet statistics suggest that around 80-90% of all new...
A.M. Best Affirms Ratings of TIAA
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aaa" of Teachers Insurance and Annuity Association of America (TIAA) and its insurance operating subsidiary, TIAA-CREF Life Insurance...
FINRA Sanctions Three Brokers for Sales of CMOs to Retail Investors
WASHINGTON-(Business Wire)-September 4, 2008 - The Financial Industry Regulatory Authority (FINRA) announced today that it has barred two brokers from the Boca Raton branch office of the now defunct brokerage firm, SAMCO Financial Services, Inc. - and suspended a third broker for two years - for...
Profit Sharing/401k Council of America Announces National 401(k) Day 2008
CHICAGO-(Business Wire)-September 4, 2008 - The Profit Sharing/401k Council of America (PSCA), a national, non-profit association committed to retirement savings through employee-sponsored defined contribution programs, encourages employers to celebrate the 14th Annual National 401(k) Day, which...
REMY, LLC Introduces REMY$ Financial Planner, a Software Product Dedicated to Reducing Personal Financial Uncertainty in a Rapidly Changing World
FORT LAUDERDALE, Fla.-(Business Wire)-September 4, 2008 - After years of internal use, REMY LLC makes REMY$ Financial Planner commercially available to the general public effective immediately. REMY$ Financial Planner is an intuitive graphical software product which makes industry-strength financial...
The Profit Sharing/401k Council of America Celebrates Friday, September 5, 2008 as National 401(k) Day
-(Business Wire)-September 4, 2008 - Profit Sharing/401k Council of America (PSCA): WHAT: The Profit Sharing/401k Council of America (PSCA), a national, non-profit association committed to retirement savings through employee-sponsored defined contribution programs, encourages employers to...
Fitch Affirms CIGNA's Ratings
NEW YORK-(Business Wire)-September 4, 2008 - Fitch Ratings has affirmed its current ratings on CIGNA Corporation (NYSE: CI) (CIGNA). A full rating list is shown below. The Rating Outlook is Stable. Today's rating action reflects the company's well-established competitive position in the U.S...
Dayton Superior Announces Extension of Exchange Expiration Date for Private Debt Exchange Offer
DAYTON, Ohio-(Business Wire)-September 4, 2008 - Dayton Superior Corporation (NASDAQ: DSUP), the leading North American provider of specialized products for the nonresidential concrete construction market, has extended the exchange expiration date for its previously announced private exchange...
JNBA Named as a Nation's Top 100 Independent Wealth Adviser for Second Year in a Row
MINNEAPOLIS-(Business Wire)-September 4, 2008 - For the second year in a row, Barron's and The Winner's Circle named Richard Brown, CEO of Bloomington, Minn.-based JNBA Financial Advisors, one of the nation's top 100 independent wealth advisers. Also for the second year, The Winner's Circle named...
DataArt and TENNIS.com in Technology Partnership; Site Optimized for the US Open Tennis Championship
NEW YORK-(Business Wire)-September 4, 2008 - DataArt, a high-end software outsourcing company with development centers in Eastern Europe, announced today a formal technology partnership with TENNIS.com , the #1 tennis content website, is a property of The Tennis Company, the world's largest...
Claymore/Raymond James SB-1 Equity ETF Lists on NYSE Arca
NEW YORK-(Business Wire)-September 4, 2008 - NYSE Euronext (NYX) today announced that Claymore Exchange-Traded Fund Trust listed the Claymore/Raymond James SB-1 Equity ETF on NYSE Arca. This is the first-ever NYSE-listed Closed-End Fund (CEF) to convert into an ETF and then list on NYSE Arca. The...
Healthnostics Meets Significant Milestones
NEW YORK-(Business Wire)-September 4, 2008 - Healthnostics, Inc. (OTC:HNSO), a medical and biotechnology information and technology company, is pleased to provide the following update on specific milestones and the company's progress to date for 2008. GMD Since our acquisition of a major interest in...
CFP Board Announces Two New Hires
WASHINGTON-(Business Wire)-September 4, 2008 - Certified Financial Planner Board of Standards, Inc. (CFP Board), the certifying and standards-setting organization that oversees more than 58,000 professionals holding CERTIFIED FINANCIAL PLANNER(TM) certification, has hired Steven E. Barkley as...
Regions Financial Scheduled to Participate in the 2008 Lehman Brothers Financial Services Conference
BIRMINGHAM, Ala.-(Business Wire)-September 4, 2008 - Regions Financial Corporation (NYSE:RF) is scheduled to present at the 2008 Lehman Brothers Financial Services Conference. Regions executives will make a presentation beginning at 9:45 a.m. EDT on Tuesday, September 9, 2008, followed by a question...
American Express Announces Its Collection of Exclusive Experiences and Unique Access for Cardmembers at Mercedes-Benz Fashion Week
NEW YORK-(Business Wire)-September 4, 2008 - American Express announced today its "collection" of activities at Bryant Park for Mercedes-Benz Fashion Week, giving Cardmembers insider access to garner a true insider perspective on this global event. An established partner of the fashion industry...
Research and Markets: A Market Review of the Turkish Automotive Industry: Examine Manufacturer Activity, the Geopolitical Background and New Market Entrants
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "Turkey Automotive Market Review - Management Briefing" report to their offering. Turkey's strategic position at the junction of Europe and Asia has taken on new symbolism in recent times...
Attention Fantasy Football Widows: Celebrifantasy Puts the "Fan" into Fantasy Sports for Women
NEW YORK-(Business Wire)-September 4, 2008 - Attention Football Widows: stop complaining about losing your men to their fantasy sports addictions and start a celebrity league of your own! Celebrifantasy, the one-stop online shop for all things celebrity, now offers fantasy celebrity leagues...
NMI (Non-Manufacturing Index) at 50.6%; August Non-Manufacturing ISM Report On Business(R); Business Activity Index at 51.6%; New Orders Index at 49.7%; Employment Index at 45.4%
TEMPE, Ariz.-(Business Wire)-September 4, 2008 - Economic activity in the non-manufacturing sector grew in August, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business(R). The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the...
Unitranche Fund LLC Invests $148 Million of Unitranche Debt in Leading Provider of Specialty Chemicals to the Fertilizer & Mining Industries
NORWALK, Conn.-(Business Wire)-September 4, 2008 - Unitranche Fund LLC today announced the closing of a $148 million unitranche debt financing to support the acquisition of ArrMaz Custom Chemicals, Inc. by Snow Phipps Group, LLC. GE Antares Capital provided a $20 million revolver to the company...
MedAssets to Present at the Robert W. Baird Small Cap Healthcare Conference on September 10, 2008
ALPHARETTA, Ga.-(Business Wire)-September 4, 2008 - MedAssets, Inc. (NASDAQ: MDAS) today announced that its management team is scheduled to participate in the Robert W. Baird Small Cap Health Care Conference on Wednesday, September 10, 2008 in New York City. The Company's formal presentation will...
Calvert Social Index Actions
BETHESDA, Md.-(Business Wire)-September 4, 2008 - The Calvert Social Research Department has submitted the following recommendation regarding action within the Calvert Social Index(R). If approved by the Calvert Social Index Committee, the following recommendation will be effective at market close...
MSB to Begin Courtesy Calls for the Texas Driver Responsibility Program
AUSTIN, Texas-(Business Wire)-September 4, 2008 - Municipal Services Bureau (MSB) is announcing the start of courtesy telephone calls to surcharge customers in the Texas Department of Public Safety Driver Responsibility Program (DRP). Senate Bill 1723 was a legislative mandate passed in September...
A.M. Best Affirms Ratings of First Net Insurance Company
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of "bbb-" of First Net Insurance Company (Guam). The outlook for both ratings is stable. The ratings reflect First Net's persistent favorable operating...
A.M. Best Affirms and Assigns Ratings to AMERIGROUP Corporation's HMO Subsidiaries
OLDWICK, N.J.-(Business Wire)-September 4, 2008 - A.M. Best Co. has affirmed and assigned financial strength ratings (FSR) and issuer credit ratings (ICR) to the health maintenance organization (HMO) subsidiaries of AMERIGROUP Corporation (AMERIGROUP) (headquartered in Virginia Beach, VA) (NYSE...
Fitch Rates Northern States Power - Wisconsin's First Mortgage Bonds 'A+'
CHICAGO-(Business Wire)-September 4, 2008 - Fitch Ratings has assigned an 'A+' rating to Northern States Power Company - Wisconsin's (NSPW) $200 million new issue of 6.375% first mortgage bonds due September 2038. The proceeds will be used to fund the payment at maturity of $80 million of 7.64...
An Analysis of the UK Mortgages Market for 2008: Understand the Current Challenges, Dynamics and Future Trends
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "UK Mortgages 2008" report to their offering. 2007 started brightly with gross lending in the UK mortgage market recording a new peak in the first half. However, the later half of last year was...
Los Angeles Venture Association Elects New Officers, Appoints Vice Presidents
LOS ANGELES-(Business Wire)-September 4, 2008 - The Board of Directors of The Los Angeles Venture Association, a non-profit organization which supports the development of emerging growth and middle market companies in Southern California (www.lava.org), has elected new officers for the 2008-2009...
Hackett Research Alert: Globalization of Back-Office Processes Expected to See 50%+ Growth over Next Three Years, According to New Study
ATLANTA & LONDON-(Business Wire)-September 4, 2008 - Globalization of key business processes in finance and other back-office areas is expected to continue to see strong growth over the next three years, with companies increasing their use of offshore resources by over 50%, according to...
Vortex Resources Corp. to Acquire Barnett Shale Properties
BEVERLY HILLS, Calif.-(Business Wire)-September 4, 2008 - Vortex Resources Corp. (the "Company") (OTC BB: VTEX) announced today that it has signed a Memorandum of Understanding (the "MOU") to enter into a definitive asset purchase agreement with Blackhawk Investments Limited ("Blackhawk"), based...
Board of Seligman Select Municipal Fund, Inc. Approves and Recommends to Stockholders That the Fund Be Acquired by Open-End Fund
NEW YORK-(Business Wire)-September 4, 2008 - Seligman Select Municipal Fund, Inc. ("Select Municipal"; NYSE: SEL) announced today that its Board of Directors, at a meeting held on September 3, 2008, approved and recommended to stockholders the acquisition of Select Municipal by National Municipal...
William Blair & Company Initiates Coverage of Chipotle Mexican Grill, Inc. With Market Perform Rating
CHICAGO-(Business Wire)-September 4, 2008 - William Blair & Company initiated research coverage of Chipotle Mexican Grill, Inc. (NYSE:CMG) ($73.60); (NYSE:CMG.B) ($69.03), one of the country's fastest-growing restaurant concepts, with a Market Perform rating and Core Growth company profile...
Electron Solar Energy Partners with Clean Power Finance to Bring Solar Energy Financing to the Mass Consumer Market
MIAMI-(Business Wire)-September 4, 2008 - Electron Solar Energy (OTC:ESRG), an international distributor of alternative energy systems, announced today it has partnered with Clean Power Finance, to provide financing to Electron Solar's home and commercial solar energy installations. Clean Power's...
Wells Fargo CEO Mobile(SM) Service Adds New Features for Corporate Customers
SAN FRANCISCO-(Business Wire)-September 4, 2008 - Wells Fargo & Company (NYSE:WFC) — the only major U.S. financial services company offering browser-based mobile banking for corporate banking customers — has again expanded wires and self administration features of its CEO...
The Judge Group Expands Executive Search Division with Additional Office in Stamford, CT
PHILADELPHIA-(Business Wire)-September 4, 2008 - The Judge Group, a professional services firm specializing in Technology Consulting, Enterprise-Wide Staffing and Corporate Training, announced today the expansion of Judge Executive Search by opening a new location in Stamford, CT. "The opening of...
AIM's Business Confidence Index Remains Weak in August
BOSTON-(Business Wire)-September 4, 2008 - Confidence among Massachusetts employers regained some ground in August as AIM's Business Confidence Index rose 2.5 points to 47.1, but the survey results continued to depict a weak economy with no signs of substantial improvement in the months ahead. "More...
Sallie Mae Appoints Corporate Finance Officer
RESTON, Va.-(Business Wire)-September 4, 2008 - Sallie Mae (NYSE:SLM), the nation's leading saving- and paying-for-college company, today announced the appointment of Kenneth Fischbach as senior vice president, corporate finance. In this role, Fischbach will oversee the company's debt investor...
EPIC Announces Formation of EPIC Financial Network and the Launching of the New EPIC Financial Network Website
AUSTIN, Texas-(Business Wire)-September 4, 2008 - EPIC Corporation (OTC:EPOR) (the "Company") announced that it has completed its business and capital restructuring, resulting in the formation of the EPIC Financial Network and the launching of that company's renewed website. "The EPIC Financial...
MMC Names Orlando D. Ashford Senior Vice President, Human Resources
NEW YORK-(Business Wire)-September 4, 2008 - Marsh & McLennan Companies, Inc. (MMC) today announced that it has appointed Orlando D. Ashford as Senior Vice President, Human Resources. Mr. Ashford's appointment is effective September 22, 2008. He will report directly to MMC President and CEO...
Wunderlich Securities Launches Equity Capital Markets Group
MEMPHIS, Tenn & DENVER-(Business Wire)-September 4, 2008 - At a time when many Wall Street firms are reducing headcounts, Wunderlich Securities, a Memphis-based brokerage firm with an expanding national footprint, today announced creation of an Equity Capital Markets group, and is embarking on a...
Harvest Partners Exits New Flyer Investment
NEW YORK-(Business Wire)-September 4, 2008 - Harvest Partners, LLC, a New York-based private equity investment firm specializing in management buyouts and growth financings of middle-market companies ("Harvest Partners"), announced today that it has sold its remaining investment interests in New...
Templeton Global Income Fund ("GIM") Announces Dividend
FORT LAUDERDALE, Fla.-(Business Wire)-September 4, 2008 - Templeton Global Income Fund (NYSE:GIM) today announced its regular monthly dividend from net investment income of $0.042 per share, payable on September 30, 2008 to shareholders of record on September 16, 2008 (Ex-Dividend Date: September...
Nanotherapeutics Files Investigational New Drug Application for NanoDOX(TM) Hydrogel to Treat Lower Extremity Diabetic Ulcers
ALACHUA, Fla.-(Business Wire)-September 4, 2008 - Nanotherapeutics, a privately held specialty biopharmaceutical company, announced today that it has submitted its first Investigational New Drug (IND) application to the FDA for a phase IIa clinical study for its product NanoDOX(TM) Hydrogel, a...
Search Our News Using Google Search
Can't find what you want? Try using Google:
