Banking/Financial Services Newswire
PNM Resources Announces Remarketing and Offering of Senior Notes and Public Service Company of New Mexico Offering of Senior Unsecured Note
ALBUQUERQUE, N.M.-(Business Wire)-May 7, 2008 - PNM Resources (NYSE:PNM) today announced the commencement of the remarketing of its 4.80% Senior Notes, Series A, initially due 2010, and a simultaneous offering of additional Senior Notes, Series A (together, the "PNMR notes"). PNM Resources expects...
ILOG's Scorecard Modeler Advances Risk and Fraud Management Capability for Financial Services
PARIS and SUNNYVALE, Calif., May 7 PRNewswire-FirstCall — ILOG(R) (Nasdaq: ILOG, Euronext: ILO, ISIN: FR0004042364) today announced ILOG Rule Studio(R) Scorecard Modeler in response to increased demand for building empirical models into credit and other risk-based decisions. Available...
Tropicana Entertainment, LLC Issues Statement in Response to Motion Filed by Senior Subordinated Noteholders
CRESTVIEW HILLS, Ky.-(Business Wire)-May 7, 2008 - In response to a motion filed by the ad hoc consortium of the senior subordinated noteholders, which demands the appointment of a trustee, Tropicana Entertainment, LLC today made the following statement: "Tropicana Entertainment, LLC is confident...
Tropicana Entertainment, LLC Receives Court Approval of Its First Day Motions
CRESTVIEW HILLS, Ky.-(Business Wire)-May 7, 2008 - Tropicana Entertainment, LLC today announced it has received approval from the U.S. Bankruptcy Court for the District of Delaware of its first day motions, which were submitted as part of its voluntary filing for reorganization under Chapter 11 of...
AmREIT Reports First Quarter Results
HOUSTON-(Business Wire)-May 7, 2008 - AmREIT (AMEX:AMY), a Houston-based real estate development and advisory company that has elected to be taxed as a real estate investment trust, today announced financial results for the first quarter ended March 31, 2008. First Quarter Highlights: Corporate...
MedCath Corporation Reports Second Quarter Earnings
CHARLOTTE, N.C., May 6 PRNewswire-FirstCall — MedCath Corporation (Nasdaq: MDTH), a healthcare provider focused on high acuity healthcare services, predominately the diagnosis and treatment of cardiovascular disease, today announced its operating results for its second fiscal quarter...
MBIA Releases Letter to Owners
ARMONK, N.Y.-(Business Wire)-May 6, 2008 - MBIA (NYSE:MBI) today released the following Letter to Owners from MBIA Chairman and Chief Executive Officer Jay Brown. Dear Owners, Even though we'll be holding our quarterly financial results conference call in less than a week, I thought it would be...
Redwood Trust Announces Timing for Release of First Quarter 2008 Results
MILL VALLEY, Calif.-(Business Wire)-May 6, 2008 - Redwood Trust, Inc. (NYSE:RWT) announced today that it will release its first quarter 2008 earnings tomorrow, May 7, 2008, after the close of the market. The news release will be available online at www.redwoodtrust.com. Redwood will also file its...
MSCI Global Investable Market Value and Growth Indices May 2008 Semi-Annual Index Review
GENEVA-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI Global Investable Market Value and Growth Indices - including the...
PRG-Schultz Announces First Quarter 2008 Financial Results
ATLANTA-(Business Wire)-May 6, 2008 - PRG-Schultz International, Inc. (NASDAQ: PRGX), the world's largest recovery audit firm, today announced its unaudited financial results for the first quarter ended March 31, 2008. Highlights of Financial Results — Net earnings for the 2008 first...
MSCI Global Investable Market Indices May 2008 Semi-Annual Index Review
GENEVA-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI Global Investable Market Indices - including the Provisional Global...
MSCI US REIT Index May 2008 Semi-Annual Index Review
NEW YORK-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI US REIT Index that will be made as of the close of May 30, 2008...
MSCI Global Value and Growth Indices
GENEVA-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI Global Value and Growth Indices that will be made as of the close of...
MSCI US Equity Indices May 2008 Semi-Annual Index Review
NEW YORK-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI US Equity Indices that will be effective as of the close of May 30...
MSCI Pan-Euro and Euro Indices May 2008 Semi-Annual Index Review
GENEVA-(Business Wire)-May 6, 2008 - MSCI Barra (NYSE:MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI Pan-Euro and MSCI Euro Indices that will be made as of the close of May...
Technology Solutions Company to Announce First Quarter 2008 Financial Results
CHICAGO-(Business Wire)-May 6, 2008 - Technology Solutions Company (TSC) (Nasdaq: TSCC), a business solutions provider, will release first quarter 2008 financial results after market close on Monday, May 12, 2008. TSC's management will host a conference call on Tuesday, May 13, 2008 at 8 a.m...
Fitch Downgrades $1.193B from Blue Heron Funding VII, Ltd.; Two Classes Remain on Watch Negative
NEW YORK-(Business Wire)-May 6, 2008 - Fitch downgrades three classes of notes and one additional interest component, and affirms one class of notes issued by Blue Heron Funding VII, Ltd. (Blue Heron VII). Two classes of notes remain on Rating Watch Negative. The following rating actions are...
Fitch Downgrades $1,199B from Blue Heron Funding VI, Ltd.; Two Classes Remain on Watch Negative
NEW YORK-(Business Wire)-May 6, 2008 - Fitch downgrades three classes of notes and one additional interest component, and affirms one class of notes issued by Blue Heron Funding VI, Ltd. (Blue Heron VI). Two classes of notes remain on Rating Watch Negative. The following rating actions are effective...
Fitch Downgrades $378.3MM from Coronado CDO, Ltd.; 4 Classes Remain on Watch Negative
NEW YORK-(Business Wire)-May 6, 2008 - Fitch downgrades six classes of notes issued by Coronado CDO, Ltd. (Coronado). Four classes of notes remain on Rating Watch Negative. The following rating actions are effective immediately: —$277,331,614 class A-1 notes downgraded to 'AA' from 'AAA...
HFF Arranges Loan for Chicago CBD Class A+ Office Building
CHICAGO-(Business Wire)-May 6, 2008 - The Boston and Chicago offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged financing for 550 West Washington, a Class A+ office building located in Chicago's West Loop. HFF director Tim Joyce and senior managing directors Mike...
Protective Elects Directors and Declares Quarterly Dividend Increase after Annual Share Owners' Meeting
BIRMINGHAM, Ala.-(Business Wire)-May 6, 2008 - The share owners of Protective Life Corporation (NYSE: PL) held their annual meeting yesterday and elected the following eleven directors: James S. M. French, Thomas L. Hamby, John D. Johns, Vanessa Leonard, Charles D. McCrary, John J. McMahon, Jr...
Greenlight Capital Re to Release First Quarter 2008 Results
GRAND CAYMAN, Cayman Islands-(Business Wire)-May 6, 2008 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialty property and casualty reinsurer based in the Cayman Islands, today announced that it will release financial results for the first quarter 2008 on Monday, May 12, 2008. A live conference...
Dan Eudy Joins RenaissanceRe as Senior Vice President
PEMBROKE, Bermuda-(Business Wire)-May 6, 2008 - RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Dan R. Eudy has joined the Company as Senior Vice President of the Glencoe Group, which conducts the organization's Individual Risk business. Mr. Eudy, who will report to William J. Ashley...
NHI Reports First Quarter Income
MURFREESBORO, Tenn.-(Business Wire)-May 6, 2008 - National Health Investors, Inc., (NYSE:NHI) announced net income for the three months ended March 31, 2008 of $13,399,000 or $0.48 per common share, basic and diluted, compared to net income of $15,481,000 or $0.56 per common share, basic and diluted...
Fitch Rates Indiana Finance Authority 2008A & B Sisters of St. Francis Revs 'AAA/F1+'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has assigned an 'AAA/F1+' rating to the Indiana Finance Authority's health system revenue refunding bonds, series 2008 (Sisters of St. Francis Health Services, Inc. Obligated Group) consisting of the following: —$81,660,000 series 2008A...
Fitch Affirms J.P. Morgan 2004-CIBC9
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings affirms J.P. Morgan's commercial mortgage pass-through certificates, series 2004-CIBC9, as follows: —$24 million class A-1 at 'AAA'; —$146 million class A-2 at 'AAA'; —$103.7 million class A-3 at 'AAA'; —$466.3 million...
Fitch Rates Knox County Tennessee Health Revs 2008 Catholic Healthcare Ptnrs 'AA+/F1+'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings assigns a rating of 'AA+/F1+' to the Health, Educational and Housing Facility Board of the County of Knox (Tennessee) adjustable rate hospital facilities revenue bonds, series 2008 (Catholic Healthcare Partners), consisting of...
CRM Holdings, Ltd. Announces First Quarter Results
HAMILTON, Bermuda, May 6 PRNewswire-FirstCall — CRM Holdings, Ltd. ("CRM" or "the Company") (Nasdaq: CRMH), a leading provider of a full range of products and services for the workers' compensation insurance industry, today announced results for the first quarter ended March 31, 2008...
Getty Realty Corp. Announces Financial Results for the Quarter Ended March 31, 2008
JERICHO, N.Y.-(Business Wire)-May 6, 2008 - Getty Realty Corp. (NYSE:GTY) today reported its financial results for the quarter ended March 31, 2008. Net earnings increased by $1.0 million to $11.4 million for the quarter ended March 31, 2008, as compared to $10.4 million for the quarter ended...
CEMEX Exploring Sale of Assets
MONTERREY, Mexico-(Business Wire)-May 6, 2008 - CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it is exploring the sale of select assets. The assets being considered for sale include operations in Austria, Hungary and select building products in the United Kingdom. CEMEX has mandated...
Fitch Rates CWALT Pass-Through Trust 2008-IO/PO
NEW YORK-(Business Wire)-May 6, 2008 - CWALT Pass-Through Trust 2008-IO/PO is rated by Fitch Ratings as follows: —$7,453,297,811 (notional) class IO-FM 'AAA'; —$24,146,691,259 (notional) class IO-FS 'AAA'; —$22,780,141 class PO-FM 'AAA'; —$30,884,905 class PO-FS 'AAA...
Hawthorn Bancshares Announces 1st Quarter Earnings of $0.26 Per Diluted Share
LEE'S SUMMIT, Mo.-(Business Wire)-May 6, 2008 - Hawthorn Bancshares (NASDAQ: HWBK) of Lee's Summit, MO, a financial services company, announced today first quarter earnings of $0.26 per diluted share, up 8% from diluted earnings per share of $0.24 for the fourth quarter of 2007 and down 53% from...
Fitch Rates Catholic Healthcare West (California) $525MM 2008 Bonds 'A+'; Outlook Positive
CHICAGO-(Business Wire)-May 6, 2008 - Fitch Ratings has assigned an 'A+' rating to approximately $226.3 million California Statewide Communities Development Authority revenue bonds (Catholic Healthcare West), series 2008A-E and approximately $298.7 million California Health Facilities Financing...
Pioneer Investments Announces Changes to Investment Policies of Pioneer Municipal High Income Trust (MHI)
BOSTON-(Business Wire)-May 6, 2008 - Pioneer Investments announced today that the Board of Trustees of Pioneer Municipal High Income Trust (NYSE: MHI) approved changes to the fund's investment policies to increase the fund's ability to invest in securities that are rated below investment grade...
Fitch Rates Allen Cnty (Ohio) Adj Rate Hosp Fac Rev Bds (Catholic Healthcare Partners)
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings assigns a rating of 'AAA/F1+' to $125,000,000 County of Allen (Ohio) adjustable rate hospital facilities revenue bonds, series 2008A (Catholic Healthcare Partners), and a rating of 'AA+/F1+' to the following County of Allen (Ohio) adjustable...
Capital Senior Living Corporation Reports First Quarter 2008 Results
DALLAS-(Business Wire)-May 6, 2008 - Capital Senior Living Corporation (NYSE:CSU), one of the country's largest operators of senior living communities, today announced operating results for the first quarter of 2008. Company highlights for the first quarter include: Financial Highlights &mdash...
New Gift Card Blog Introduced as Companion to Comprehensive Gift Card Website
CHESAPEAKE, Va.-(Business Wire)-May 6, 2008 - Gift card sales have exceeded $85 billion annually in the U.S. alone. A new blog, BYTES From The Card Shark, has debuted to help consumers navigate through the sometimes murky waters of this industry. The blog can be accessed by logging on to...
TriCo Bancshares to Present at D.A. Davidson Conference
CHICO, Calif.-(Business Wire)-May 6, 2008 - TriCo Bancshares (NASDAQ:TCBK), parent company of Tri Counties Bank, today announced that Richard Smith, President and Chief Executive Officer, will be presenting at the Tenth Annual D.A. Davidson Financial Services Conference in Seattle. Mr. Smith is...
Fitch Rates Riverside, California's $60MM Var-Rate Rfdg Water Revs 'AA/F1+'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings assigns a rating of 'AA/F1+' to the $60,300,000 City of Riverside, California (the city) variable-rate refunding water revenue bonds issue of 2008A. The 'AA' long-term rating, which was initially assigned on April 28, 2008, reflects the credit...
Fitch Rates $284.82MM City & County of San Francisco (CA) Airport Comm. Rfdg Issue 37 'AAA/F1+'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings assigns a rating of 'AAA/F1+' to the $284,820,000 Airport Commission (Commission) of the City and County of San Francisco, California, San Francisco International Airport, second series variable-rate revenue refunding bonds, Issue 37, consisting...
Ambac Financial Group, Inc. Declares Quarterly Dividend
NEW YORK-(Business Wire)-May 6, 2008 - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.01 per share of common stock. The dividend is payable on June 4, 2008 to stockholders of record on May 20, 2008. Ambac...
Glass Lewis Recommends Micrel Shareholders Vote Against Obrem Proposals to Replace Board
SAN JOSE, Calif.-(Business Wire)-May 6, 2008 - Micrel, Incorporated (Nasdaq:MCRL) today reported that Glass Lewis & Co., a leading proxy advisory firm, recommends that shareholders vote against several proposals made by Obrem Capital Management ("OCM") to be voted upon at the May 20, 2008...
Greatbatch, Inc. Reports First Quarter 2008 Results
CLARENCE, N.Y.-(Business Wire)-May 6, 2008 - Greatbatch, Inc. (the "Company") (NYSE: GB) today reported its results for the first quarter ended March 28, 2008. Business Highlights — Recorded sales of $122.2 million, including acquisitions, for the first quarter of 2008; an increase of 59...
Bank Mutual Corporation Announces Quarterly Cash Dividend
MILWAUKEE-(Business Wire)-May 6, 2008 - Bank Mutual Corporation (NASDAQ: BKMU) today announced that the Board of Directors has declared a quarterly cash dividend of $0.09 per share. This cash dividend of $0.09 per share, on an annualized basis represents a 9.1% increase over the cash dividends...
Saehan Bancorp Reports First Quarter Results
LOS ANGELES-(Business Wire)-May 6, 2008 - Saehan Bancorp (OTCBB:SAEB) today reported results for its first quarter ended March 31, 2008. Net income for the first quarter of 2008 was $925,000, or $0.06 per diluted share, compared with $1.4 million, or $0.12 per diluted share a year ago. The return on...
The Conference Board(R) Japan Business Cycle Indicators(SM)
NEW YORK, May 6 PRNewswire — The Conference Board reports today that the leading index for Japan increased 0.1 percent, and the coincident index decreased 0.8 percent in March. — The leading index increased slightly in March following eight consecutive declines. Business failures...
Fitch Revises Missouri Health & Educational Facilities Authority 2005 SSM Revs to 'AAA/F1'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has confirmed the long-term 'AAA' rating and assigned a short-term 'F1+' rating to the Health and Educational Facilities Authority of the State of Missouri's $241,575,000 health facilities revenue bonds (SSM Healthcare) series 2005, consisting...
Itron Announces Sale of 3.4 Million Shares of Common Stock
LIBERTY LAKE, Wash.-(Business Wire)-May 6, 2008 - Itron Inc. (NASDAQ:ITRI) announced today that it has agreed to sell 3.4 million shares of its common stock in an underwritten at-the-market public offering. The last reported sale price of our common stock as reported by the Nasdaq Global Select...
H&R Block Announces Quarterly Cash Dividend
KANSAS CITY, Mo.-(Business Wire)-May 6, 2008 - The Board of Directors of H&R Block, Inc. (NYSE: HRB) today declared a quarterly cash dividend of 14.25 cents per share, payable July 1, 2008, to shareholders of record June 10, 2008. The July 1 payment marks the Company's 183rd consecutive quarterly...
Maguire Properties Reports First Quarter 2008 Financial Results
LOS ANGELES-(Business Wire)-May 6, 2008 - Maguire Properties, Inc. (NYSE: MPG), a Southern California focused real estate investment trust, today reported results for the quarter ended March 31, 2008. Significant First Quarter and Recent Events — As of March 31, 2008, approximately 86% of our...
Fitch to Rate CIT Equipment Collateral 2008-VT1; Issues Presale
CHICAGO-(Business Wire)-May 6, 2008 - Fitch expects to rate CIT Equipment Collateral 2008-VT1 as follows: —$200,000,000 class A-1 'AAA'; —$152,000,000 class A-2 'AAA'; —$200,751,000 class A-3 'AAA'; For more information, see the CIT Equipment Collateral 2008-VT1 presale report...
Fitch Affirms $635.8MM & Downgrades $154.4MM from 9 SASCO Scratch & Dent Deals
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has taken the following rating actions on Structured Asset Securitizations Corporation (SASCO) mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are now removed...
American General Finance Parent AIG to Report First Quarter 2008 Earnings and Hold Conference Call
EVANSVILLE, Ind.-(Business Wire)-May 6, 2008 - American International Group, Inc. (AIG) will report its first quarter 2008 earnings on Thursday, May 8, 2008 after the close of the market. AIG's earnings release and financial supplement will be available in the Investor Information section of...
Correction - Fitch Places Banco ABC Brasil S.A. on Rating Watch Negative
NEW YORK & SAO PAULO, Brazil-(Business Wire)-May 6, 2008 - (This is a correction to the release that went out earlier on May 6, 2008. It corrects the list of rating actions.) Fitch Ratings has today placed the following ratings of Banco ABC Brasil S.A.'s (ABCbr) on Rating Watch Negative...
Eaton Vance Short Duration Diversified Income Fund Announces Monthly Distribution
BOSTON-(Business Wire)-May 6, 2008 - Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) (the "Fund"), a diversified closed-end management investment company, today declared a monthly distribution of $0.1183 per share. The distribution will be paid on May 22, 2008, to shareholders of...
Fitch Affirms Owens & Minor Inc.'s IDR at 'BBB-'; Outlook Stable
CHICAGO-(Business Wire)-May 6, 2008 - Fitch Ratings has affirmed Owens & Minor Inc's. (OMI) ratings as follows: —Issuer Default Rating (IDR) at 'BBB-'; —Senior unsecured credit facility at 'BBB-'; —Senior unsecured debt at 'BBB-'. The ratings action affects approximately $200...
A.M. Best Revises Outlook for Louisiana Farm Bureau Mutual Insurance Company to Stable
OLDWICK, N.J.-(Business Wire)-May 6, 2008 - A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating (ICR) of "bbb-" of Louisiana Farm Bureau Mutual Insurance Company (LFB) (Baton Rouge, LA). The outlook for both ratings has been revised to stable from negative...
Alcon Shareholders Approve Increased Dividend and Elect New Members to the Board
HUNENBERG, Switzerland-(Business Wire)-May 6, 2008 - Alcon, Inc., (NYSE: ACL) announced the following actions were taken by shareholders at the company's Annual General Meeting of Shareholders held today in Zug, Switzerland: — Approved a dividend of 2.63 Swiss francs per share to be paid on...
Fitch Downgrades & Assigns Distressed Recovery Ratings to 2 Classes of Mezz Cap 2004-C1
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has downgraded and assigned distressed recovery (DR) ratings to Mezz Cap's commercial mortgage pass-through certificates, series 2004-C1, as follows: —$4.4 million class H to 'B-/DR1' from 'B'; —$0.5 million class J to 'CCC/DR5' from...
MCF Corporation Announces Financial Results for the First Quarter Ended March 31, 2008
SAN FRANCISCO-(Business Wire)-May 6, 2008 - MCF Corporation (NASDAQ:MERR) today released earnings for the first quarter 2008. First Quarter Financial Highlights -0- *T — Total revenue was $11.8 million, an 18 % decrease from the first quarter 2007 - Commissions revenue was $8.5 million, an 18...
MuniMae Affiliate Raises $175 Million for International Housing Fund
BALTIMORE-(Business Wire)-May 6, 2008 - Municipal Mortgage & Equity, LLC (OTC: MMAB) ("MuniMae" or "the Company,") announced today that its International Housing Solutions (IHS) affiliate has closed $175 million of capital commitments and participating debt to its South Africa Workforce...
Prudential Bancorp, Inc. of Pennsylvania Announces Second Quarter Results
PHILADELPHIA-(Business Wire)-May 6, 2008 - Prudential Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:PBIP), the "mid-tier" holding company for Prudential Savings Bank (the "Bank"), today reported a net loss of $682,000, or $0.06 per share, for the quarter ended March 31, 2008 as compared to...
Marchex Reports First Quarter 2008 Financial Results
SEATTLE-(Business Wire)-May 6, 2008 - Marchex, Inc. (NASDAQ:MCHX) (NASDAQ:MCHXP), a local search and advertising company, today reported its results for the first quarter ended March 31, 2008. First Quarter 2008 Consolidated Financial Results: — Revenue was $37.0 million for the first quarter...
Prepare to Relive, Rewrite or Redefine History with WWE(R) Legends of WrestleMania(R)
AGOURA HILLS, Calif.-(Business Wire)-May 6, 2008 - THQ Inc. (NASDAQ:THQI) and JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that WWE(R) Legends of WrestleMania(R) is currently in development for the Xbox 360(R) video game and entertainment system from Microsoft and the PLAYSTATION(R)3 computer...
THQ and DreamWorks Animation Announce Exclusive Video Game Licensing Agreement Based on Studio's 2010 Fall Film
AGOURA HILLS, Calif.-(Business Wire)-May 6, 2008 - THQ Inc. (NASDAQ:THQI) and DreamWorks Animation SKG, Inc. (NYSE:DWA) announced today that they have entered into an exclusive licensing agreement to develop and publish video games based on the studio's 2010 fall animated feature film. The film...
The Castle Group, Inc. Announces Financial Results for First Quarter 2008
HONOLULU-(Business Wire)-May 6, 2008 - The Castle Group, Inc. (OTCBB:CAGU) holding company for Castle Resorts & Hotels, today announced its financial results for the first quarter of 2008 ending March 31, 2008. Overall sales at the properties under contract with Castle grew to a record amount of...
Fitch Rates Pleasant Grove City (Utah) $4.1MM Excise Tax Bonds 'A+'; Outlook Stable
SAN FRANCISCO-(Business Wire)-May 6, 2008 - Fitch Ratings assigns an 'A+' rating to Pleasant Grove City, Utah's (the city) $4.1 million excise tax bonds. In addition, the city's $2 million in outstanding parity bonds are assigned an 'A+' rating. The bonds will sell by negotiation during the week...
Sidley Announces Settlement of Patent Infringement Claims Against Fourth LED Manufacturer
NEW YORK-(Business Wire)-May 6, 2008 - Sidley Austin LLP announced today that firm client Professor Gertrude Neumark Rothschild has settled her patent infringement claims against Epistar Corporation, a Taiwanese corporation. The terms of the settlement are undisclosed. The Sidley team consisted of...
Fitch Rates Capital One Multi-Asset Execution Trust, CardSeries Class A (2008-4)
NEW YORK-(Business Wire)-May 6, 2008 - Fitch rates Capital One Multi-Asset Execution Trust, CardSeries Class A (2008-4) as follows: —$725,000,000 1mL+1.30% class A (2008-4) 'AAA; For more information, see the Capital One Multi-Asset Execution Trust, Class A (2008-4) Cardseries Notes presale...
Eaton Vance Closed-End Enhanced Equity Income Funds Declare Monthly Distributions
BOSTON-(Business Wire)-May 6, 2008 - Eaton Vance Management, the Boston-based investment adviser, announced the monthly dividends declared on the common shares of two of its closed-end equity funds (the "Funds"). The record date for the dividends is May 15, 2008, and the payable date is May 22...
CIT Declares Preferred Dividends
NEW YORK-(Business Wire)-May 6, 2008 - CIT Group Inc. (NYSE: CIT), a leading global commercial finance company, today announced that its Board of Directors has declared quarterly cash dividends of $0.3968750 per share on the Company's Series A preferred stock, $1.2972500 per share on the Company's...
Fitch: U.S. CREL CDO Delinquencies Tick Down Amid Continued Extensions
NEW YORK-(Business Wire)-May 6, 2008 - A lack of repurchased loans during the month contributed to a slightly lower U.S. commercial real estate loan (CREL) CDO delinquency rate for April 2008 of 0.69%, down from last month's rate of 0.74%, according to the latest CREL CDO Delinquency Index from...
ZipRealty to Present at the Seventh Annual JMP Securities Research Conference
EMERYVILLE, Calif.-(Business Wire)-May 6, 2008 - ZipRealty, Inc. (Nasdaq: ZIPR) today announced that the Company will be presenting at the Seventh Annual JMP Securities Research Conference on Tuesday, May 20, 2008 at The Ritz-Carlton in San Francisco, California. The presentation will begin at...
East West Bancorp to Present at D.A. Davidson Financial Services Conference
PASADENA, Calif.-(Business Wire)-May 6, 2008 - East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, one of the nation's premier community banks, today announced that Irene Oh, Senior Vice President will present at the D.A. Davidson Financial Services Conference in Seattle...
VENTAS REPORTS FIRST QUARTER NORMALIZED FFO OF $92.4 MILLION AND FAD OF $87.8 MILLION
LOUISVILLE, Ky., May 6 PRNewswire-FirstCall — Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") said today that first quarter 2008 normalized Funds from Operations ("FFO") increased 28 percent to $92.4 million from $72.1 million in the first quarter of 2007. Normalized FFO per...
Kopin Reports First Quarter 2008 Financial Results
TAUNTON, Mass.-(Business Wire)-May 6, 2008 - Kopin Corporation (NASDAQ: KOPN) today announced financial results for the first quarter of 2008. Total revenues for the first quarter of 2008 increased 61% to $29.2 million from $18.1 million for the comparable period of 2007. Display revenue increased...
Eaton Vance Closed-End Bank Loan Funds Declare Monthly Distributions
BOSTON-(Business Wire)-May 6, 2008 - On May 6, 2008, Eaton Vance Management, the Boston-based investment adviser, announced the monthly distributions declared on the common shares of two of its closed-end bank loan funds (the "Funds"). The record date for the distributions is May 15, 2008, and the...
Gladstone Commercial Reports Results for the First Quarter Ended March 31, 2008
MCLEAN, Va.-(Business Wire)-May 6, 2008 - Gladstone Commercial Corp. (NASDAQ:GOOD) (the "Company") today reported financial results for the quarter ended March 31, 2008. A description of FFO, a relative non-GAAP ("Generally Accepted Accounting Principles in the United States") financial measure...
WMS Reports $0.32 Diluted EPS for Fiscal 2008 Third Quarter on Record Quarterly Revenues of $173 Million
WAUKEGAN, Ill.-(Business Wire)-May 6, 2008 - WMS Industries Inc. (NYSE:WMS), a leading designer, manufacturer and marketer of gaming machines to the global gaming industry, today reported record quarterly net income of $18.8 million, or $0.32 per diluted share, for its fiscal third quarter ended...
Validus Holdings, Ltd. Establishes Validus Reaseguros, Inc. to Service Latin America & Caribbean
HAMILTON, Bermuda-(Business Wire)-May 6, 2008 - Validus Holdings, Ltd. ("Validus") (NYSE: VR) has formed a company, Validus Reaseguros, Inc., which will act as an approved Lloyd's coverholder for Syndicate 1183. Based in Miami, the company will specifically target the Latin American and Caribbean...
Eaton Vance Closed-End Equity Funds Declare Monthly Dividends
BOSTON-(Business Wire)-May 6, 2008 - On May 6, 2008, Eaton Vance Management, the Boston-based investment adviser, announced the monthly dividends declared on the common shares of three of its closed-end equity funds (the "Funds"). The record date for the dividends is May 15, 2008, and the payable...
United Western Bancorp, Inc. Announces Annual Meeting of Shareholders
DENVER-(Business Wire)-May 6, 2008 - United Western Bancorp, Inc. (NASDAQ:UWBK), a Denver-based holding company whose principal subsidiary, United Western Bank, is focused on developing its community-based banking network, announced that its Annual Meeting of Shareholders will be held at The...
Hypercom Announces First Quarter 2008 Financial Results
PHOENIX-(Business Wire)-May 6, 2008 - Hypercom Corporation (NYSE: HYC) — Revenue increases $6.9 million or 10.6% compared to first quarter of prior year — Net loss decreases $2.2 million compared to first quarter of prior year — Strong product revenue from North American...
UIL Holdings Corporation Announces First Quarter 2008 Results and Affirms 2008 Earnings Guidance
NEW HAVEN, Conn.-(Business Wire)-May 6, 2008 - UIL Holdings Corporation (NYSE: UIL) today reported consolidated net income of $6.6 million, or $0.26 per share, for the first quarter of 2008, compared to net income of $5.4 million, or $0.22 per share, for the same period in 2007. Net income from...
Nuveen Real Estate Income Fund Issues Second Round of At-Par Redemption Notices for Auction-Rate Securities
CHICAGO-(Business Wire)-May 6, 2008 - Nuveen Real Estate Income Fund (AMEX: JRS) today called for redemption at par outstanding shares of its auction-rate preferred shares (ARPS). The fund's Board of Trustees has approved the redemption, which is part of a refinancing expected to lower the...
Fitch Takes Various Actions on Office Portfolio Trust 2001-HRPT
NEW YORK-(Business Wire)-May 6, 2008 - Fitch upgrades Office Portfolio Trust commercial mortgage pass-through certificates, series 2001 HRPT as follows: —$17.1 million class H to 'BB+' from 'BB'. In addition, Fitch affirms and removes the following class from Rating Watch Negative...
Online Resources Posts First Quarter 2008 Results
CHANTILLY, Va.-(Business Wire)-May 6, 2008 - Online Resources Corporation (Nasdaq:ORCC), a leading provider of web-based financial services, today reported financial and operating results for the three months ended March 31, 2008. — Revenue was $39.2 million, up 27 percent from $30.8...
Eaton Vance Tax-Managed Diversified Equity Income Fund Declares Quarterly Distribution
BOSTON-(Business Wire)-May 6, 2008 - Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) (the "Fund"), a closed-end management investment company, today declared its quarterly distribution of $0.4625 per share. The distribution will be paid on May 22, 2008, to shareholders of record...
Synchronoss Technologies, Inc. Announces Stock Repurchase Program
BRIDGEWATER, N.J.-(Business Wire)-May 6, 2008 - Synchronoss Technologies, Inc. (Nasdaq: SNCR), the premier provider of on-demand transaction management software to Tier One communication service providers, today announced that its Board of Directors has authorized a stock repurchase program under...
Pacer International Reports First Quarter 2008 Results
CONCORD, Calif.-(Business Wire)-May 6, 2008 - Pacer International, Inc. (NASDAQ: PACR), the asset-light North America third-party logistics and freight transportation provider, today reported financial results for the three-month period ended April 4, 2008. FIRST QUARTER RESULTS Revenues for the...
Fitch Affirms $608MM & Downgrades $98MM from 7 CSFB 2004-2007 Scratch & Dent Transactions
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has taken the following rating actions on CSFB mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed from Rating Watch Negative. Affirmations total $608.4 million...
Kona Grill to Present at The Avondale 2008 Consumer Conference
SCOTTSDALE, Ariz.-(Business Wire)-May 6, 2008 - Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, today announced that the Company will be presenting at the Avondale 2008 Consumer Conference on Tuesday, May 20, 2008, at The Millennium Broadway Hotel in New York City. The presentation...
MDI, Inc. Receives 180-Day Extension From Nasdaq to Regain Compliance With $1.00 Minimum Bid Price Rule
SAN ANTONIO-(Business Wire)-May 6, 2008 - MDI, Inc. (NASDAQ: MDII), today announced that it has received a letter from the Nasdaq Stock Market (NASDAQ) providing the company with an additional 180-calendar-day extension period, or until November 3, 2008, to regain compliance with the $1.00 minimum...
Northstar Neuroscience to Present at Bank of America 2008 Healthcare Conference
SEATTLE-(Business Wire)-May 6, 2008 - Northstar Neuroscience, Inc. (NASDAQ:NSTR) today announced that John Bowers, Northstar's President and Chief Executive Officer, will present at Bank of America's 2008 Healthcare Conference May 13-15, 2008 at the Four Seasons Hotel, Las Vegas, Nevada. Mr...
Deckers Outdoor Corporation Acquires TSUBO, LLC
GOLETA, Calif.-(Business Wire)-May 6, 2008 - Deckers Outdoor Corporation (NASDAQGS: DECK) today announced that it has acquired 100% of the ownership interest of TSUBO, LLC. The purchase price is approximately $6 million in cash plus a potential future earn-out, subject to customary working capital...
Roma Financial Corporation Announces First Quarter 2008 Earnings
ROBBINSVILLE, N.J.-(Business Wire)-May 6, 2008 - Roma Financial Corporation (NASDAQ GS: ROMA) (the "Company"), the holding company of Roma Bank, announced today its results of operation for the three months ended March 31, 2008. The Company's consolidated net income for the three months ended...
WMS Announces Board and Executive Succession Plans
WAUKEGAN, Ill.-(Business Wire)-May 6, 2008 - WMS Industries Inc. (NYSE:WMS) today announced that Louis J. Nicastro, 79, will retire as Chairman of the Board, effective July 1, 2008. Mr. Nicastro has had a 43-year distinguished career with WMS and its predecessor companies. Mr. Nicastro will remain...
Fitch Rates Brazil Foreign DPR Finance Co. (Banco Santander) 2008-1 Notes 'A-'
CHICAGO-(Business Wire)-May 6, 2008 - Fitch Ratings has assigned an 'A-' rating to Brazil Foreign Diversified Payment Rights Finance Company's $190 million series 2008-1 notes. In addition, Fitch has affirmed the Issuer Default Rating (IDR) of Brazil Foreign DPR Finance Co. at 'A-'. Additionally...
Important Update on Highland Credit Strategies Fund
DALLAS-(Business Wire)-May 6, 2008 - Please join us for an informative conference call with Highland Capital Management, L.P. The portfolio managers of Highland Credit Strategies Fund will discuss the first quarter of 2008, as well as provide their insight and thoughts on the market. There will also...
Spend or Save: Where's Your Stimulus Check Going?
HOUSTON-(Business Wire)-May 6, 2008 - Approximately $150 billion dollars will be distributed to American consumers in the coming weeks, as part of a plan to jump start the economy. Many retailers are gleefully anticipating a bump in consumer spending, but will consumers save or spend? According to...
Tri-Valley Bank Announces the Appointment of Glen C. Terry as President and Chief Executive Officer
SAN RAMON, Calif.-(Business Wire)-May 6, 2008 - Tri-Valley Bank (OTCBB:TRVB), announced today that Glen C. Terry has accepted appointment as President and CEO of the Bank. James C. Snell, Chairman of the Board and head of the Selection Committee stated: "Glen Terry brings 31 years of banking...
Split Rock Partners Closes Second Fund With $300 Million
MINNEAPOLIS, May 6 PRNewswire — Split Rock Partners, LLC ("Split Rock"), a venture capital firm focused on healthcare, software, and Internet services, today announced the closing of Split Rock Partners II, LP, raising $300 million from a targeted group of leading institutional...
Brinker Capital Hires Glenda Pemble as Regional Director
BERWYN, Pa.-(Business Wire)-May 6, 2008 - Brinker Capital, a leading investment management firm, today announced that Glenda A. Pemble has joined the firm as a regional director, charged with overseeing new business development and client service in the Rocky Mountain region and Northwest. Glenda is...
MetLife Chairman, President & CEO to Speak at UBS 2008 Global Financial Services Conference
NEW YORK-(Business Wire)-May 6, 2008 - C. Robert Henrikson, chairman of the board, president and chief executive officer of MetLife, Inc. (NYSE: MET), will present at the UBS 2008 Global Financial Services Conference on Monday, May 12, 2008 at approximately 9:15 a.m. (ET). A live audio Webcast of...
American Capital Reorganizes Sponsor Finance Group: Opens Boston Office, Reorganizes Northeast and California
BETHESDA, Md., May 6 PRNewswire-FirstCall — American Capital Strategies Ltd. (Nasdaq: ACAS), the only private equity fund and alternative asset manager in the S&P 500, announced today that it has opened a second office in the Boston area to expand its Sponsor Finance Group's...
Zacks #1 Rank Top Performers: Switch & Data Facilities, LaBranche & Co, Flowserve, Big Lots, and Central European Distribution
CHICAGO-(Business Wire)-May 6, 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 Switch & Data Facilities Company, Inc. (NASDAQ: SDXC), LaBranche & Co. Inc. (NYSE: LAB...
Investor Advisory: Adobe Announces Webcasts of Investor Conference Participation
SAN JOSE, Calif.-(Business Wire)-May 6, 2008 - Adobe Systems Incorporated (Nasdaq:ADBE) today announced participation in the following events with the financial community: -0- *T Merrill Lynch Technology 2008 Conference New York, NY Thursday, May 8, 2008, 11:15 a.m. Eastern Time Speaker: Shantanu...
Zacks Releases Four ''Strong Buy'' or ''Buy'' Stocks: Parker Hannifin Corporation, Raytheon Co., Genco Shipping and Trading Ltd. and Metalico
CHICAGO-(Business Wire)-May 6, 2008 - Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights a Zacks #1 Rank Strong Buy stock or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth...
Fitch Affs $709.7MM & Downgrs $54.5MM from 7 C-BASS Mortgage Loan Trust Scratch & Dent Deals
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has taken the following rating actions on C-BASS Mortgage Loan Trust mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed. Affirmations total $709.7 million and...
Bancolombia S.A. Announces Disposal of Properties Located in Medellin
MEDELLIN, Colombia, May 6 PRNewswire-FirstCall — Bancolombia S.A ("Bancolombia") announces that sold a total of 52 properties located in Medellin, properties that the Bank has received as dation in payment. The purchasing price agreed amounted to Ps $ 11,851 million, which represent...
Atlas Energy Resources, LLC Announces Follow-on Debt Offering
PITTSBURGH-(Business Wire)-May 6, 2008 - Atlas Energy Resources, LLC (NYSE:ATN) ("Atlas Energy") announced today a $150 million follow-on offering of its 10.75% senior unsecured notes due 2018 (the "notes"). The notes priced at 104.75% of par to yield approximately 9.85% to the par call on...
ATS Corporation Schedules First Quarter 2008 Financial Results Conference Call
MCLEAN, Va.-(Business Wire)-May 6, 2008 - ATS Corporation ("ATSC") (OTCBB: ATCT), will report earnings results for the first quarter of 2008 before the market opens on Wednesday, May 7, 2008. ATSC management will host a conference call at 8:30 a.m., eastern time, on Wednesday, May 7, 2008 to discuss...
Max Capital Group Announces Appointment of New Director
HAMILTON, Bermuda-(Business Wire)-May 6, 2008 - Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) today announced the election of James H. MacNaughton as a Director of the Company, thereby filling a vacancy on its eleven-member Board of Directors. "Max is fortunate to have an individual with Jim's...
Lou Holland Growth Fund Announces Three New Trustees
CHICAGO-(Business Wire)-May 6, 2008 - The Lou Holland Growth Fund announces the election of Abe Tomas Hughes, II, Jose L. Santillan, CFA and Monica L. Walker to its board of trustees. Monica is also the President of the Lou Holland Trust. "We are thrilled to add the broad investment experience and...
Kaydon Corporation Announces Second Quarter Dividend
ANN ARBOR, Mich.-(Business Wire)-May 6, 2008 - The Board of Directors of Kaydon Corporation (NYSE:KDN) today announced a regular quarterly dividend of $.15 per share. This dividend will be paid on June 30, 2008 to Stockholders of Record on June 9, 2008. Kaydon Corporation is a leading designer and...
A.M. Best Assigns Debt Ratings to The Chubb Corporation's Senior Notes
OLDWICK, N.J.-(Business Wire)-May 6, 2008 - A.M. Best Co. has assigned debt ratings of "aa-" to the aggregate $1.2 billion senior unsecured notes due 2018 and 2038 issued today by The Chubb Corporation (Chubb) (Warren, NJ) (NYSE:CB). The outlook assigned to the ratings is stable. Chubb intends to...
Path2College 529 Plan Provides Vehicle to 'Stimulate' Higher Education Savings Goals
ATLANTA-(Business Wire)-May 6, 2008 - As high school seniors across the country prepare to graduate in a few weeks and head to college in the fall, parents and grandparents of younger children may use this break from busy school schedules to review their higher education savings goals. "Summer...
Invacare CEO, A. Malachi Mixon, III, and President & COO, Gerald B. Blouch, Presenting at Bank of America 2008 Healthcare Conference
ELYRIA, Ohio-(Business Wire)-May 6, 2008 - A. Malachi Mixon, III, Chairman and Chief Executive Officer, and Gerald B. Blouch, President and Chief Operating Officer, of Invacare Corporation (NYSE:IVC), will present at the Bank of America 2008 Healthcare Conference in Las Vegas, Nevada on Tuesday, May...
MicroBilt Launches ''Smart Metro 2'' Service Providing Comprehensive Reporting of Trade-Line Information to Consumer and Commercial Credit Bureaus
KENNESAW, Ga.-(Business Wire)-May 6, 2008 - MicroBilt Corporation, leading provider of risk management solutions to small and medium enterprises (SMEs), is helping lenders and other business customers report trade-line information to all major consumer and commercial credit bureaus and other data...
BancTrust Financial Group, Inc. Reports First Quarter Results
MOBILE, Ala., May 6 PRNewswire-FirstCall — BancTrust Financial Group, Inc. (Nasdaq: BTFG) today reported net income of $2.7 million, or $0.16 per diluted share, for the first quarter ended March 31, 2008 compared with net income of $2.5 million, or $0.22 per diluted share, in the...
International Monetary Systems Acquires Business Network, Inc. of Long Island, NY
NEW BERLIN, Wis.-(Business Wire)-May 6, 2008 - International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced that it has acquired the assets and client base of Business Network, Inc. (BNI), located in Hauppauge, NY on Long Island...
Fitch Affirms $2.7MM and Downgrades $2.3MM from 1 Wilshire Scratch and Dent Transaction
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has taken the following rating actions on Wilshire mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed. Affirmations total $2.7 million and downgrades total $2.3...
JER Investors Trust Inc. to Announce First Quarter 2008 Earnings on May 12, 2008
MCLEAN, Va., May 6 PRNewswire-FirstCall — JER Investors Trust Inc. (NYSE: JRT) (the "Company") today announced that it will release first quarter financial results for the three months ended March 31, 2008 on Monday, May 12, 2008 prior to the opening of the New York Stock Exchange...
Online Venture Between Avis Budget Group and OPENLANE Experiences Exponential Growth Over Past Year
PARSIPPANY, N.J. and MENLO PARK, Calif., May 6 PRNewswire-FirstCall — Avis Budget Group and OPENLANE, Inc., today reported that the companies' joint wholesale used vehicle online auction initiative has generated exponential sales growth since being launched more than a year ago, with...
BRMALLS Increases Its Ownership Interest in Shopping Center Sao Luis
RIO DE JANEIRO, Brazil, May 6 PRNewswire-FirstCall — BRMALLS Participacoes S.A. (Bovespa: BRML3), the largest integrated shopping mall company in Brazil, announces the acquisition, through one of its subsidiaries, of an indirect interest of 10.0% in Shopping Center Sao Luis. Following...
Capital Trust Reports First Quarter 2008
NEW YORK, May 6 PRNewswire-FirstCall — Capital Trust, Inc. (NYSE: CT) today reported results for the quarter ended March 31, 2008. Highlights included: — Operating Results: reported net income of $0.82 per share (diluted) for the first quarter of 2008. — Dividends...
American Capital Declares $1.03 Q2 2008 Dividend
BETHESDA, Md., May 6 PRNewswire-FirstCall — American Capital Strategies Ltd. (Nasdaq: ACAS) announced today its second quarter 2008 dividend, its results for the first quarter of 2008 and forecasts for 2008. SECOND QUARTER 2008 DIVIDEND DECLARATION American Capital's Board of...
Hudson Valley Holding Corp. Reports Rise in First Quarter Earnings and Announces Increase in Cash Dividend
YONKERS, N.Y., May 6 PRNewswire-FirstCall — James J. Landy, President and Chief Executive Officer of Hudson Valley Holding Corp., has announced a 1.2% increase in earnings for the first three months of 2008 compared to the same period in 2007. Continuing its trend of record earnings...
Calyx Software Releases Point and Point Data Server Version 6.1
DALLAS-(Business Wire)-May 6, 2008 - Calyx Software(R), the mortgage industry's leading provider of loan origination and processing software, announced today the release of Point(R) and Point Data Server(R) versions 6.1. The latest version of the Point application includes a new loan status...
Needham & Company, LLC To Host Third Annual Internet & Digital Media Conference on May 8
NEW YORK-(Business Wire)-May 6, 2008 - Needham & Company, LLC will hold its Third Annual Internet and Digital Media Conference at the Millennium Broadway Hotel on Thursday, May 8. 25 public companies and the same number of private companies are scheduled to present. In addition to traditional...
Pelosi Urges President to Sign Into Law Bipartisan Bill Ensuring Access to Affordable Student Loans
WASHINGTON, May 6 PRNewswire-USNewswire — Speaker Nancy Pelosi issued the following statement today urging President Bush to sign a bill Congress sent to the White House today that provides students and families with uninterrupted access to federally guaranteed student loans, despite...
Service 1st Bancorp Announces First Quarter Results
TRACY, Calif.-(Business Wire)-May 6, 2008 - Service 1st Bancorp (the "Company") (OTCBB:SVCF), parent holding company for Service 1st Bank and Charter Services Group, Inc., announced first quarter 2008 financial results. The Company ended March 31, 2008 with total assets of $243,713,538 compared to...
Fitch Places Fannie Mae's Preferred Stock On Rating Watch Negative; 'AAA' IDR Unaffected
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has placed the following on Rating Watch Negative: Fannie Mae Inc. (FNM) —Preferred stock 'AA-'. Fitch's action follows this morning's announcement that FNM plans to raise $6 billion in new capital, which includes a combination of common and...
Fitch Rates Nebraska Methodist Health System, Series 2008 Bonds 'A-'; Outlook to Negative
SAN FRANCISCO-(Business Wire)-May 6, 2008 - Fitch Ratings has assigned an 'A-' rating on the approximately $42.5 million Hospital Authority No.2 of Douglas County, Nebraska health facilities refunding and revenue bonds (Nebraska Methodist Health System (NMHS)) series 2008; and $167.6 million...
Fitch Places Banco ABC Brasil S.A. on Rating Watch Negative
NEW YORK & SAO PAULO, Brazil-(Business Wire)-May 6, 2008 - Fitch Ratings has today placed the following ratings of Banco ABC Brasil S.A.'s (ABCbr) on Rating Watch Negative: —Long-Term Foreign Currency Issuer Default Rating (IDR) 'BB+'; —Long-Term Local Currency IDR 'BB...
James P. Gorman and Colm Kelleher to Speak at the UBS 2008 Global Financial Services Conference
NEW YORK-(Business Wire)-May 6, 2008 - James P. Gorman, Co-President, and Colm Kelleher, Executive Vice President and Chief Financial Officer of Morgan Stanley, (NYSE:MS) will present at the 2008 UBS Global Financial Services Conference in New York on Tuesday, May 13 at 1:30 pm Eastern Time. Both...
Zurich North America Commercial Names Daniel Riordan President of Its Surety, Credit and Political Risk Group
SCHAUMBURG, Ill.-(Business Wire)-May 6, 2008 - Zurich North America Commercial today named Daniel W. Riordan president of its Surety, Credit and Political Risk group. This newly created group combines Zurich's Surety group, a leading provider of contract and commercial Surety products in North...
James S. Waddell Retires as EVP, Chief Administrative Officer and Corporate Secretary of AMCORE Financial, Inc.
ROCKFORD, Ill., May 6 PRNewswire-FirstCall — The Board of Directors of AMCORE Financial, Inc. (Nasdaq: AMFI) announced that James S. Waddell, 63, has elected to retire as Chief Administrative Officer (CAO) and Corporate Secretary of AMCORE effective May 15. Lori Burke, Executive...
William R. McManaman Named Chairman of AMCORE Financial, Inc.
ROCKFORD, Ill., May 6 PRNewswire-FirstCall — The Board of Directors of AMCORE Financial, Inc. (Nasdaq: AMFI) announced that William R. McManaman, Chief Executive Officer, has been elected Chairman of the Board of Directors of the Company effective May 6, 2008, succeeding Kenneth E...
Time Running Out to Own Stock Certificates of Takeover Targets
SAN FRANCISCO-(Business Wire)-May 6, 2008 - When it comes to corporate takeovers, consumer foresight is 20/20. With corporate heavyweights setting the stage to acquire some of America's favorite companies, the public can buy a piece of the proverbial pie before the deals are sealed. After that...
WaMu to Present at the UBS Global Financial Services Conference
SEATTLE-(Business Wire)-May 6, 2008 - Washington Mutual, Inc. (NYSE:WM) President and COO Steve Rotella will present at the UBS Global Financial Services Conference in New York on Wednesday, May 14, 2008 at 11:00 a.m. ET. There will be a live audio Web cast of Rotella's presentation, which will be...
Mountain 1st Bank Reports First Quarter Earnings
HENDERSONVILLE, N.C., May 6 PRNewswire-FirstCall — Mountain 1st Bank & Trust Company (OTC Bulletin Board: MOBT) reported earnings of $789 thousand or $0.15 per diluted share for the first quarter of 2008. This compares with $891 thousand or $0.16 per diluted share earned during the...
AARP Announces Co-Leads of AARP Services, Inc. and President of AARP Financial
WASHINGTON, May 6 PRNewswire-USNewswire — AARP announced today that John Wider, vice president of Health Products and Services for AARP Services Inc. (ASI) and Jean Alexander, chief marketing officer for ASI and AARP Financial (AFI), will serve as co-leads of ASI. Richard (Mac) Hisey...
Alesco Financial Inc. Announces First Quarter 2008 Financial Results
PHILADELPHIA, May 6 PRNewswire-FirstCall — Alesco Financial Inc. (NYSE: AFN) ("AFN"), a specialty finance real estate investment trust, today announced financial results for the three-months ended March 31, 2008. AFN reported Adjusted Earnings, a non-GAAP measure of performance, for the...
Huntington Residents Welcome Community National Bank at Huntington Branch Grand Opening Celebration
GREAT NECK, N.Y.-(Business Wire)-May 6, 2008 - Community National Bank (CNB) (OTCBB:CBNY), Long Island's fastest growing commercial community bank, held the grand opening of their new Huntington branch on Saturday, April 26th. CNB's fifth branch on Long Island is located at 337 Main Street in the...
Fitch Expects to Rate Kleen Energy Systems, LLC's Term Loans 'BBB-'
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings expects to assign ratings of 'BBB-' with a Stable Outlook to Kleen Energy Systems, LLC's (Kleen) proposed issuance of a $450 million, term loan A and a $315 million term loan B (the term loans). The proceeds of the proposed issuance will be used...
Ameritrans Announces Results of 2008 Annual Meeting
NEW YORK-(Business Wire)-May 6, 2008 - Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today hosted its annual meeting of shareholders. As part of the annual meeting, the shareholders elected nine members to serve on the Company's Board of Directors: Peter Boockvar, Steven Etra, Michael...
Strategy Analytics: ARM Will Beat Intel in $17 Billion Mobile Internet Device Market
BOSTON-(Business Wire)-May 6, 2008 - Sales of Mobile Internet Devices (MIDs) will exceed $17 Billion annually by 2014, but Intel-based products will take a minority share, according to "Mobile Internet Devices: Heavyweights Do Battle For $17 Billion Prize," just released by the Strategy Analytics...
Obrem Capital Welcomes Glass Lewis Report Recognizing Need for Change at Micrel
NEW YORK-(Business Wire)-May 6, 2008 - Obrem Capital Management, LLC today welcomed a report by shareholder advisory service Glass Lewis recognizing the need for change at Micrel, Incorporated (NASDAQ: MCRL). In particular, Glass Lewis concluded that Micrel shareholders should be concerned with...
Advanced Underwriting Solutions Awarded Preferred Vendor Status by BlueCrest Life Settlements I Fund
AURORA, Colo.-(Business Wire)-May 6, 2008 - Advanced Underwriting Solutions, Inc. ("AUS") announced today that it has been named the preferred vendor of life expectancy medical underwriting for BlueCrest Life Settlements I Fund, a fund for which BlueCrest Capital Management L.P. acts as investment...
EXL Reports 2008 First Quarter Results
NEW YORK, May 6 PRNewswire-FirstCall — ExlService Holdings, Inc. (Nasdaq: EXLS), a leading provider of transformation and outsourcing solutions, today announced its financial results for the quarter ended March 31, 2008. The Company's highlights for the first quarter of 2008 include...
Fitch Affirms $48.6MM & Downgrades $28.2MM from 2 Goldman Sachs Scratch and Dent Deals
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has taken the following rating actions on Goldman Sachs mortgage pass-through certificates. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed. Affirmations total $48.6 million and downgrades...
Rutherford Investment Management Maintains Its 4-Star Ranking Among the Top 12% of Large-Cap Growth Managers
PORTLAND, Ore.-(Business Wire)-May 6, 2008 - The investment firm owned by former Oregon Treasurer Bill Rutherford outperformed 88% of other Large-Cap Growth managers for the five-year period ending March 31, 2008, according to the industry's leading independent financial researcher...
American Stock Exchange Reports a Decrease in Short Interest
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) member and non-member organizations today reported short interest of 1,288,642,540 shares as of the April 30, 2008 settlement date, a decrease of 4,723,835 from the 1,293,366,375 (adjusted) shares reported on April...
CoBiz to Present at D.A. Davidson's Financial Services Conference
DENVER, May 6 PRNewswire-FirstCall — CoBiz (Nasdaq: COBZ) will present at the 10th Annual D.A. Davidson & Co. Financial Services Conference. Jonathan C. Lorenz, vice chairman, and Lyne Andrich, chief financial officer, will present at 7:45 a.m. ET on Thursday, May 8. The...
American Stock Exchange Lists Merrill Lynch's STARS Linked to the S&P 500 Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on Merrill Lynch's STARS Linked to the S&P 500 Index. Priced at $10.00 per unit with an initial offer size of 14,350,000 units, this equity trades under the ticker symbol SSM and has a maturity date...
In-depth and Useful Report -- Integrated Oil and Gas Companies Benchmarking Report: Peer Comparison of 15 Largest International Oil and Gas Companies on Key Financial and Operational Parameters
DUBLIN, Ireland-(Business Wire)-May 6, 2008 - Research and Markets has announced the addition of "Integrated Oil and Gas Companies Benchmarking Report: Peer Comparison of 15 Largest International Oil and Gas Companies on Key Financial and Operational Parameters" to their offering. -0- *T Integrated...
Wilmington Trust Not a Tropicana Entertainment, LLC Creditor
WILMINGTON, Del.-(Business Wire)-May 6, 2008 - Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, reiterated today that it is an indenture trustee for holders of debt issued by Tropicana...
American Stock Exchange Lists Merrill Lynch's Accelerated Return Notes Linked to the Nikkei 225 Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on Merrill Lynch's Accelerated Return Notes Linked to the Nikkei 225 Index. Priced at $10.00 per unit with an initial offer size of 6,000,000 units, this equity trades under the ticker symbol NYW and...
Fitch Rates Florida Forever $265.3MM Rev & Rev Rfdg Bonds 'A+'; Outlook Stable
NEW YORK-(Business Wire)-May 6, 2008 - Fitch Ratings has assigned an 'A+' to approximately $265.3 million Florida Department of Environmental Protection Florida Forever revenue and revenue refunding bonds, series 2008A. Fitch has also affirmed the 'A+' rating of the Florida Department of...
Electronic Payments Make Sense as Postage and Fuel Costs Continue to Rise
HERNDON, Va.-(Business Wire)-May 6, 2008 - As postage and fuel costs continue to rise, paying bills electronically makes more sense than ever. According to NACHA - The Electronic Payments Association - with an average of 20 bills and financial statements each month, a single household can...
Pioneer Services' 'Military Spouse Finance Guide' Teaches Money Management
KANSAS CITY, Mo.-(Business Wire)-May 6, 2008 - Financial problems are a serious concern for military leadership because money troubles at home can affect a service member's performance. As a way to help military families take control of their money and provide a stable financial environment at home...
American Stock Exchange Lists AB Svensk Ekportkredit's (Swedish Export Credit Corporation) Accelerated Return Notes Linked to the S&P 500 Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on AB Svensk Ekportkredit's (Swedish Export Credit Corporation) Accelerated Return Notes Linked to the S&P 500 Index. Priced at $10.00 per unit with an initial offer size of 17,675,000 units, this...
American Stock Exchange Lists Merrill Lynch's Leveraged Index Return Notes Linked to the Russell 2000 Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on Merrill Lynch's Leveraged Index Return Notes Linked to the Russell 2000 Index. Priced at $10.00 per unit with an initial offer size of 7,050,000 units, this equity trades under the ticker symbol...
Jack Henry & Associates Fiscal 2008 Third Quarter Revenue Increases 11 Percent
MONETT, Mo., May 6 PRNewswire-FirstCall — Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and outsourced data processing for financial institutions, today announced third quarter fiscal 2008 results with an 11% increase in revenue...
NASB Financial, Inc. Announces Financial Results
GRANDVIEW, Mo.-(Business Wire)-May 6, 2008 - NASB Financial, Inc. (NASDAQ: NASB) announced today net income for the quarter ended March 31, 2008, of $2,806,000 or $0.36 per share. This compares to net income of $1,869,000 or $0.24 per share for the quarter ended December 31, 2007, and compares to...
American Stock Exchange Lists Merrill Lynch's Bear Market Stars Linked to the PHLX Housing Sector Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on Merrill Lynch's Bear Market STARS Linked to the PHLX Housing Sector Index. Priced at $10.00 per unit with an initial offer size of 4,225,000 units, this equity trades under the ticker symbol HDJ...
American Stock Exchange Lists Merrill Lynch's Accelerated Return Notes Linked to the AMEX Energy Select Sector Index
NEW YORK, May 6 PRNewswire — The American Stock Exchange(R) (Amex(R)) opened trading on Merrill Lynch's Accelerated Return Bear Market Notes Linked to the AMEX Energy Select Sector Index. Priced at $10.00 per unit with an initial offer size of 4,300,000 units, this equity trades under...
National Financial Partners Announces First Quarter 2008 Results
NEW YORK, May 6 PRNewswire-FirstCall — National Financial Partners Corp. (NYSE: NFP), a network of independent financial advisors specializing in life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory services, today reported...
Portfolio Managers Re-Acquire Boston Based Ironwood Investment Management
BOSTON, May 6 PRNewswire — Ironwood Investment Management, LLC announced today that April 30, 2008 marked the closing of a transaction that restores Ironwood as an independent, majority employee owned investment management firm. The transaction establishes a Board of Directors to...
Huntington Bancshares Incorporated Announces $69 Million Added to Convertible Preferred Stock Offering
COLUMBUS, Ohio, May 6 PRNewswire-FirstCall — Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) announced that the underwriters of its previously announced 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock offering exercised their over-allotment...
Deutsche Bank Gives Financial Support to American Junior Golf Association
BRASELTON, Ga.-(Business Wire)-May 6, 2008 - Deutsche Bank, an avid supporter of both golf and children's programs, has combined those passions to support the American Junior Golf Association (AJGA). Deutsche Bank will establish an endowment to help fund the AJGA's ACE Grant, the AJGA announced...
Spike in Global Energy Prices Drives Dominion Virginia Power's Request for Fuel Rate Increase
RICHMOND, Va., May 6 PRNewswire-FirstCall — Dominion Virginia Power announced today that it is seeking the approval of the State Corporation Commission to increase customer rates, effective July 1, as a result of sharply higher costs for fuel. The higher costs — caused by an...
SWS Reports 13 Percent Increase in Third Quarter Net Income
DALLAS, May 6 PRNewswire-FirstCall — SWS Group, Inc. (NYSE: SWS) today reported net income of $8.6 million, or diluted earnings per share (EPS) of 32 cents, on net revenues of $74.1 million for the company's third fiscal quarter ended March 28, 2008. Net revenue is total revenue less...
Proliance International, Inc. First Quarter 2008 Conference Call on Monday, May 12, 2008 at 9 AM ET
NEW HAVEN, Conn.-(Business Wire)-May 6, 2008 - Proliance International, Inc. (AMEX: PLI) will host a conference call on Monday, May 12, 2008 at 9:00 AM ET with Charles E. Johnson, President and CEO, and Arlen F. Henock, CFO. The call will be held to discuss the results for the first quarter ended...
Consult2Comply To Help Global Organizations Respond To Increasing Compliance Concerns
HERNDON, Va.-(Business Wire)-May 6, 2008 - Consult2Comply, world leaders in the compliance industry, today announced its official corporate launch to provide services aimed at helping businesses make sense of compliance issues. Consult2Comply also announced the availability of two key software...
IMM Nearly Doubles Orders During First Quarter
LINDEN, N.J.-(Business Wire)-May 6, 2008 - Integrated Media Management(R) (IMM), a document output management and automation technology provider, has announced that it ended the first quarter of 2008 with a 49 percent increase in monetary orders in comparison to the first quarter of 2007. This boost...
United Community Bancorp Reports Third Quarter Results
LAWRENCEBURG, Ind.-(Business Wire)-May 6, 2008 - United Community Bancorp (the "Company") (Nasdaq: UCBA), the holding company for United Community Bank (the "Bank"), announced a net loss of $982,000, or $0.13 per share, for the quarter ended March 31, 2008 compared to net income of $713,000, or...
Mergent, Inc. Announces Changes to the HealthShares(TM) Composite, Enabling Technologies, Autoimmune-Inflammation, Cancer, Cardiology and Neuroscience Indexes
NEW YORK, May 6 PRNewswire — Mergent, Inc., administrator for the Healthshares(TM) Indexes, a series of 20 underlying indexes for the HealthShares(TM) Exchange Traded Funds, today announced the following changes with effect from the opening of trade on Friday, May 9, 2008: Masimo...
Sigma-Aldrich to Present at the Baird 2008 Growth Stock Conference on Tuesday, May 13, 2008
ST. LOUIS, May 6 PRNewswire-FirstCall — Sigma-Aldrich Corporation (Nasdaq: SIAL) will be presenting at the Baird 2008 Growth Stock Conference on Tuesday, May 13th at 1:20 PM CT in Chicago. Interested parties may listen via live audio broadcast over the Internet available at...
PCLender.com Extends Mortgage Lending Compliance Functionality
HONOLULU-(Business Wire)-May 6, 2008 - PCLender.com, a fully hosted web based software and services solutions provider to mid-sized mortgage bankers and financial institutions, has extended the compliance functionality of its InHouse Mortgage enterprise lending platform to encompass the entire front...
The Nest Baby Announces the Arrival of the World's Largest Baby Registry Search Tool
NEW YORK-(Business Wire)-May 6, 2008 - First comes love, then comes marriage, then comes the most-coveted baby carriage. That's right. For new parents, registering for super-stylish and extra-safe baby products is just as exciting as choosing their baby's name. In response to the nation's baby...
Ambac Provides First Quarter 2008 Business Activity Update
NEW YORK-(Business Wire)-May 6, 2008 - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today released the text of a business activity update targeted at all its major constituents. The text of the release follows: Ambac is committed to preserving and rebuilding our business franchise. Our recent...
Vana Blue Announces the Launch of a Unique Service That Verifies Social Security Numbers
PHOENIX-(Business Wire)-May 6, 2008 - Vana Blue, Inc. (Pink Sheets: VBLU), through its subsidiary, TMS Corporation, is pleased to announce the launch of www.easyvalidate.com, a unique service that verifies social security numbers. This vital service is low cost and will allow employers, lenders...
Georgetown Bancorp, Inc. Reports Results for Quarter Ended March 31, 2008
GEORGETOWN, Mass.-(Business Wire)-May 6, 2008 - Georgetown Bancorp, Inc. (OTCBB: GTWN) (the "Company"), holding company for Georgetown Savings Bank (the "Bank"), reported a net loss for the three months ended March 31, 2008 of $65,000, or $.03 per basic and diluted share compared to a net loss of...
Franklin Credit Announces Hedge Agreements
NEW YORK, May 6 PRNewswire-FirstCall — Franklin Credit Management Corporation (Nasdaq: FCMC), a specialty consumer finance company primarily engaged in the servicing and resolution of performing, reperforming and nonperforming residential mortgage loans, today announced that it has...
Seligman Select Municipal Fund, Inc. Declares May Income Dividend Distribution
NEW YORK-(Business Wire)-May 6, 2008 - Directors of Seligman Select Municipal Fund, Inc. (NYSE:SEL) today declared an income dividend of $0.036 per share. The dividend will be payable May 23, 2008 to shareholders of record on May 16, 2008. Shares of Seligman Select Municipal Fund, Inc. will be...
REX Agreement Allows Oregon Homeowners to Convert Home Equity Into Cash Now Without Debt, Interest or Monthly Payments -- Ever
SAN FRANCISCO-(Business Wire)-May 6, 2008 - Oregon homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced...
WorldHeart Receives Notice From the NASDAQ Stock Market Regarding Non-Compliance With the Minimum Bid Price Rule
OAKLAND, Calif., May 6 PRNewswire-FirstCall — (Nasdaq: WHRT, TSX: WHT) — World Heart Corporation (the "Company") today announced that, on April 30, 2008, it had received a notice from the Listing Qualifications Department of The NASDAQ Stock Market stating that for the last 30...
ACG Minnesota Announces May 2008 Meeting Featuring Stan Hubbard at Town and Country Club
-(Business Wire)-May 6, 2008 - The Association for Corporate Growth (ACG) Minnesota Chapter invites all members of the Minneapolis/St. Paul media to attend this month's chapter meeting, featuring Stan Hubbard, at Town and Country Club. He will discuss "The difficulty of building a national...
Fitch Places ArvinMeritor on Rating Watch Negative following Spinoff Announcement
CHICAGO & NEW YORK-(Business Wire)-May 6, 2008 - Fitch has placed the ratings of ArvinMeritor (NYSE: ARM) on Rating Watch Negative following the announced spinoff of ArvinMeritor's Light Vehicle Systems (LVS) group. As information becomes available Fitch will review the details of each entity...
The SeniorCare Investor Wins Top Editorial Award for Best Publication of the Year
NORWALK, Conn.-(Business Wire)-May 6, 2008 - The SeniorCare Investor won the 2008 Gold Award for "Best Publication of the Year: Newsletter" by the prestigious American Society of Healthcare Publication Editors (ASHPE). "The SeniorCare Investor is a hard working newsletter that brings our subscribers...
Prudential Relocation's New eValuator(SM) Minimizes Cost in Home Selling Process
NEWARK, N.J.-(Business Wire)-May 6, 2008 - Prudential Relocation, a business of Prudential Financial, Inc. (NYSE: PRU), announced today the launch of eValuator(SM), a new real estate market-based website providing relocation clients with current comprehensive data to help better understand the...
Michigan Economy Holds Steady in March, Reports Comerica Bank's Michigan Business Activity Index
DETROIT, May 6 PRNewswire-FirstCall — The Michigan Business Activity Index compiled by Comerica Bank was unchanged in March at 101. In the first three months of 2008, the index is down less than 1 point from the fourth quarter average and is about 3 points lower than the average for...
Leerink Swann Appoints Robert Kiely as Senior Managing Director and Head of Human Resources
BOSTON, Mass.-(Business Wire)-May 6, 2008 - Healthcare investment bank Leerink Swann announced that Robert Kiely has joined the firm as Senior Managing Director and Head of Human Resources. Mr. Kiely was most recently First Vice President, Relationship Manager - Leadership and Talent Management...
Fitch REIT Credit Analysis: Sovran Self Storage Liquidity Concerns Lead to Negative Watch
NEW YORK-(Business Wire)-May 6, 2008 - A decrease in liquidity, combined with near-term debt maturities resulted in Fitch placing Sovran Self Storage's (Sovran) Issuer Default Rating (IDR) on Negative Watch, according to the latest credit analysis update by Fitch Ratings. Sovran's existing ratings...
America's Young Adults Face Serious Economic Challenges, According to New Data Report and Opinion Poll Analysis
WASHINGTON-(Business Wire)-May 6, 2008 - Today's young adults are feeling the impact of a massive shift in the U.S. economy—changes that are documented in a new data report from Demos and an analysis of public opinion polling by The Center for American Progress. The studies were announced...
Panini to Announce the Winners of ''Share a New Vision: Redesign the Bank Branch of the Future''
DAYTON, Ohio-(Business Wire)-May 6, 2008 - The contest, Share a New Vision, has been organized by Panini SpA, and is part of the calendar of Torino 2008 - World Design Capital. The Award Ceremony is one of the most original events of Torino World Design Capital, showcasing the evolution of banking...
Research and Markets: In-depth and Comprehensive Global Pipelines Industry Report
DUBLIN, Ireland-(Business Wire)-May 6, 2008 - Research and Markets has announced the addition of "Global Pipelines Industry Report: Detailed Analysis of All Active and Planned Pipelines Including Capacity and Length Information" to their offering. Global Pipelines Industry Report Summary - This...
Unum No. 1 in Sales, Enrollment for Group Long Term Care
CHATTANOOGA, Tenn.-(Business Wire)-May 6, 2008 - In 2007, Unum (NYSE:UNM) sold more cases, covered more lives and earned more premium than any other carrier through its employer-sponsored group long term care product, according to annual sales research.(i) Unum added nearly 1,200 new businesses...
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