Banking Newswire
1 - Fitch Affirms 5 Classes from Antares Funding, LP/Corp.
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings has affirmed the rating on five classes of notes from Antares Funding, LP/Corp. (Antares), a CDO managed by GE Asset Management. A complete list of rating actions follows at the end of this release. The affirmations of the class C, D and...
2 - Fitch Downgrades 2 & Affirms 1 Class of JWS CBO 2000-1, LTD./Corp.
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings downgrades two classes and affirms one class of notes issued by JWS CBO 2000-1, LTD./Corp. (JWS CBO). A detailed list of rating actions follows at the end of this press release. The rating actions are the result of credit deterioration...
3 - Nonprofit Computer Service Organization Brings Low-Cost, High Quality Repair and Computers to Alameda
ALAMEDA, Calif.-(Business Wire)-September 29, 2009 - When people in Alameda and Oakland’s waterfront communities need computer service, they have few options. Starting October 7th, they will be able to have their computers fixed by certified technician at the newest ReliaTech store. And those...
4 - Liam E. McGee Named Chairman and CEO of The Hartford
HARTFORD, Conn.-(Business Wire)-September 29, 2009 - The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today that Liam E. McGee has been appointed Chairman of the Board of Directors and Chief Executive Officer, effective October 1, 2009. Until recently, McGee was President of the...
5 - JMP Securities Healthcare Conference to Be Held in New York
SAN FRANCISCO-(Business Wire)-September 29, 2009 - JMP Group Inc. (NYSE:JMP), an investment banking and alternative asset management firm, announced today that JMP Securities will host the fourth annual JMP Securities Healthcare Focus Conference at The New York Palace hotel in New York on Monday...
6 - Ameritrans Capital Corporation Announces June 30, 2009 Financial Results
NEW YORK-(Business Wire)-September 29, 2009 - Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today reported financial results for its fourth quarter and year ended June 30, 2009. Financial Highlights Q4-2009 Q4-2008 FY 2009 FY 2008 Total...
7 - Dreyfus High Yield Strategies Fund Declares Dividend
NEW YORK-(Business Wire)-September 29, 2009 - On September 29, 2009, the Board of Trustees of Dreyfus High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.03 per share of beneficial interest, payable on October 28, 2009 to shareholders of record at...
8 - ASP GT Acquisition Corp. Commences Tender Offer for All Outstanding Shares of GenTek Inc.
NEW YORK-(Business Wire)-September 29, 2009 - ASP GT Acquisition Corp. (“ASP”), a wholly-owned subsidiary of investment funds managed by American Securities LLC, a private equity firm, announced today the commencement of a tender offer for all outstanding shares of common stock of GenTek Inc...
9 - Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of Shareholders
NEW YORK-(Business Wire)-September 29, 2009 - Western Asset Global High Income Fund Inc., which is traded on the New York Stock Exchange under the symbol “EHI,” announced today the results of the votes cast at the Fund’s annual meeting of shareholders held September 25, 2009. Leslie H. Gelb...
10 - Western Asset Managed Municipals Fund Inc. Announces Results of Annual Meeting of Shareholders
NEW YORK-(Business Wire)-September 29, 2009 - Western Asset Managed Municipals Fund Inc., which is traded on the New York Stock Exchange under the symbol “MMU,” announced today the results of the votes cast at the Fund’s annual meeting of shareholders held September 25, 2009. Paolo M. Cucchi...
11 - Western Asset Emerging Markets Income Fund Inc. Announces Results of Annual Meeting of Shareholders
NEW YORK-(Business Wire)-September 29, 2009 - Western Asset Emerging Markets Income Fund Inc., which is traded on the New York Stock Exchange under the symbol “EMD,” announced today the results of the votes cast at the Fund’s annual meeting of shareholders held September 25, 2009. Paolo M...
12 - Fitch Rates Virginia Biotech Authority's $36.8MM Bonds `AA+'; Outlook Stable
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings assigns its 'AA+' rating to approximately $36,820,000 Virginia Biotechnology Research Partnership Authority, Commonwealth of Virginia lease revenue refunding bonds (consolidated laboratories project), series 2009. The bonds are expected...
13 - Fitch Affirms Hillsborough City School District (CA) $37.3MM ULTD GOs at 'AAA'
NEW YORK-(Business Wire)-September 29, 2009 - In the course of routine surveillance, Fitch Ratings affirms its 'AAA' rating on Hillsborough City School District, California's (the district) $37.3 million in outstanding unlimited tax general obligation (GO) bonds (Election of 2002), series A and B...
14 - Certain Morgan Stanley Retail Closed-End Municipal Funds Announce Change Regarding Investment in Private Placement Securities
NEW YORK-(Business Wire)-September 29, 2009 - Each of Morgan Stanley California Insured Municipal Income Trust (NYSE: IIC), Morgan Stanley California Quality Municipal Securities (NYSE: IQC), Morgan Stanley Insured California Municipal Securities (NYSE: ICS), Morgan Stanley Insured Municipal...
15 - Malaga Financial Corporation Announces Cash Dividend
PALOS VERDES ESTATES, Calif.-(Business Wire)-September 29, 2009 - Malaga Financial Corporation (OTCBB:MLGF). The Board of Directors of Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 8 cents per share to shareholders of record on October 12, 2009...
16 - Sorrento Pacific Financial Joins Forces with Partnervest Financial Group, Expanding Its Own Offerings and Technology to Support the Independent Channel
SAN DIEGO-(Business Wire)-September 29, 2009 - Sorrento Pacific Financial, LLC (SPF), a full-service broker dealer and Registered Investment Adviser providing customized investment and insurance solutions to the financial industry, has expanded its offerings beyond the banking channel by uniting...
17 - UBS Investment Bank Hires Michael Ostow as Managing Director and Head of North American Insurance Banking
NEW YORK-(Business Wire)-September 29, 2009 - UBS Investment Bank today announced that Michael Ostow will join its Investment Banking Department (IBD) as a Managing Director and Head of North American Insurance. He will be based in New York and report jointly to Gary Howe and Halle Benett...
18 - Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) Declares Dividend
NEW YORK-(Business Wire)-September 29, 2009 - On Tuesday, September 29, 2009, the Board of Directors of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) declared from net investment income a monthly cash dividend of $0.0385 per share of common stock, payable on October 30, 2009, to...
19 - Dreyfus Municipal Income, Inc. (NYX:DMF) Declares Dividend
NEW YORK-(Business Wire)-September 29, 2009 - On Tuesday, September 29, 2009, the Board of Directors of Dreyfus Municipal Income, Inc. (NYX:DMF) declared from net investment income a monthly cash dividend of $0.041 per share of common stock, payable on October 30, 2009, to shareholders of record...
20 - Dreyfus Strategic Municipals, Inc. (NYSE: LEO) Declares Dividend
NEW YORK-(Business Wire)-September 29, 2009 - On Tuesday, September 29, 2009, the Board of Directors of Dreyfus Strategic Municipals, Inc. (NYSE: LEO) declared from net investment income a monthly cash dividend of $0.042 per share of common stock, payable on October 30, 2009, to shareholders of...
21 - Kodak Completes KKR Transaction
ROCHESTER, N.Y.-(Business Wire)-September 29, 2009 - Eastman Kodak Company (NYSE:EK) announced today that it has completed a previously announced issuance to Kohlberg Kravis Roberts & Co. L.P. (KKR) managed investment vehicles of $300 million in aggregate principal amount of 10.50% Senior...
22 - Fitch Rates Assured Guaranty Insured Issues 'AA'; Watch Negative
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings has assigned an 'AA' rating and placed the following Assured Guaranty insured issues on Rating Watch Negative: Southern Tioga School District (PA) —$8,035,000 general obligation (GO) bonds series 2009A; Wharton (TX...
23 - Stifel Financial Announces Underwriters’ Exercise of Over-Allotment Option
ST. LOUIS-(Business Wire)-September 29, 2009 - Stifel Financial Corp. (“Stifel” or the “Company”) (NYSE: SF) announced today that the underwriters for the recently completed public offering of Stifel common stock have exercised in full their over-allotment option to purchase an additional...
24 - Fitch Rates Credit Suisse First Boston Mortgage Securities Corp., CSMC Series 2009-13R
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings has assigned 'AAA' ratings to the various classes of Credit Suisse First Boston Mortgage Securities Corp., CSMC series 2009-13R specified at the end of this release. The transaction, which closed on Sept. 29, 2009, consists of seven...
25 - Fitch to Confirm Indiana Fin Auth Liquidity Backed Bonds at 'F1+'; Affirms Lease Bonds at 'AA'
NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings has affirmed the 'AA' rating on the Indiana Finance Authority's (the authority) $666,525,000 lease appropriation bonds (Stadium Project), series 2005A, 2007A, and 2008A and $120,000,000 lease appropriation bonds (Convention Center Expansion...
26 - Fitch Rates Weyerhaeuser's $500MM New Issue 'BB+'; Outlook Negative
CHICAGO-(Business Wire)-September 29, 2009 - Fitch Ratings has assigned a 'BB+' rating to Weyerhaeuser Company's (Weyerhaeuser) 7.375% senior unsecured notes ($500 million) due 2019. The Rating Outlook for all ratings is Negative. The rating is based on Weyerhaeuser's poor credit metrics and...
27 - Fitch Affirms El Rancho USD's (CA) $18.5MM in ULT GOs at 'A-'; Revises Outlook to Negative
NEW YORK-(Business Wire)-September 29, 2009 - In the course of routine surveillance, Fitch Ratings affirms its 'A-' rating on El Rancho Unified School District (USD), California's (the district) $18.5 million in outstanding unlimited tax (ULT) general obligation bonds (GOs) (series 2003, 2004...
28 - US Pan Asian Chamber of Commerce, US Bangladesh Partners and UTC Associates Host the Successful 2009 Bangladesh Investment Summit in NYC with Keynote Speaker Hon’ble Prime Minister of Bangladesh H.E. Sheikh Hasina
NEW YORK-(Business Wire)-September 29, 2009 - The 2009 Bangladesh investment Summit was held this year at the Grand Hyatt New York with panel consisting of Hon’ble Prime Minister of Bangladesh, H.E. Sheikh Hasina, Honorable Foreign Minster, H.E. Dipu Moni, Advisor to Prime Minister, Mr. Sajeeb...
29 - Nationwide Financial Selects Anne Arvia to Lead Nationwide’s Retirement Plans Business
COLUMBUS, Ohio-(Business Wire)-September 29, 2009 - Nationwide Financial Services, Inc. today announced that Anne Arvia, president of Nationwide Bank, has been selected as the new leader for Nationwide’s retirement plans business effective November 1, 2009. Arvia will replace William S. Jackson...
30 - Fitch Rates Banc of America Funding 2009-R11 Trust
NEW YORK-(Business Wire)-September 29, 2009 - Fitch rates Banc of America Funding 2009-R11 Trust, as follows: —$57,603,239 class A-1 'AAA', Outlook Stable. This transaction consists of one group. The group is a resecuritization of ownership interest in certain mortgage-backed certificates...
31 - Camden National Corporation Announces Quarterly Dividend
CAMDEN, Maine-(Business Wire)-September 29, 2009 - Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the “Company”), announced today that the Board of Directors of the Company declared a $0.25 per share dividend payable on October 30, 2009...
32 - A.M. Best Assigns Indicative Ratings to Argo Group International Holdings, Ltd.’s Shelf Registration
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. has assigned indicative debt ratings of “bbb” to senior unsecured debt, “bbb-” to subordinated debt and “bb+” to preferred stock, which may be issued under the Argo Group International Holdings, Ltd.’s (Argo Group...
33 - A.M. Best Special Report: Non-Life Margins Under Pressure, Despite Rate Increases
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Last year was the most difficult in recent history for the global economy. What started as a crisis in U.S. subprime mortgages quickly spread through the global banking system and the broader financial system, causing credit markets to close...
34 - Proskauer Rose Continues Expansion of Global Private Investment Funds Practice
LONDON-(Business Wire)-September 29, 2009 - Proskauer Rose LLP continued the expansion of its global Private Investment Funds Practice with the announcement that Robert Barry, one of the UK’s preeminent fund formation lawyers, will join the firm’s London office as a partner. Mr. Barry, the...
35 - A.M. Best Special Report: Thawing Markets Reducing Pressure on U.K. Life Insurers
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - The global credit crisis led to a decline in life insurers’ economic capital positions in 2008, although the industry as a whole managed to maintain compliance with minimum regulatory capital requirements. The decline triggered a number of...
36 - Fitch Rates RBSSP Resecuritization Trust 2009-10
NEW YORK-(Business Wire)-September 29, 2009 - Fitch rates RBSSP Resecuritization Trust 2009-10, as follows: —$18,615,000 class 1-A1 'AAA'; Outlook Stable; —$16,166,000 class 1-A3 'AAA'; Outlook Stable; —$2,449,000 class 1-A4 'AAA'; Outlook Stable; —$9,131,360 class 2-A1...
37 - A.M. Best Presents at the AICPCU Insurance Executive Development Program at Wharton
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - Raj Guttha, Manager of ERM and Capital Modeling, of A.M. Best Co. is participating in the American Institute for CPCU Insurance Executive Development Program at Wharton being held from October 5th through 16th at the Wharton School of the University...
38 - La Junta, Colo. Embraces Mobile Payments
PALO ALTO, Calif.-(Business Wire)-September 29, 2009 - La Junta, Colo.-based The State Bank went live on May 21 with Redi Pay Bling, its bank-branded version of Bling Nation’s mobile payments network. The network enables banks and merchants to avoid global network costs and keep money within the...
39 - Affiliated Computer Services, Inc. Proposed Acquisition Investigated by Wolf Haldenstein
NEW YORK-(Business Wire)-September 29, 2009 - Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Affiliated Computer Services, Inc. (“ACS”) (NYSE:ACS) arising out of the proposed...
40 - Marsh Launches Global Risk Management Information System for Commercial Real Estate Firms
NEW YORK-(Business Wire)-September 29, 2009 - As commercial real estate firms work to navigate the numerous challenges associated with the global economic downturn, Marsh, the world’s leading insurance broker and risk advisor, has developed a cost-effective Web-based risk management information...
41 - DealerTrack Schedules Release of Third Quarter 2009 Results and Conference Call
LAKE SUCCESS, N.Y.-(Business Wire)-September 29, 2009 - DealerTrack Holdings, Inc. (Nasdaq: TRAK) today announced that it will release its third quarter 2009 financial results after the market closes on November 4, 2009. A conference call will be hosted by Mark F. O'Neil, chairman and chief...
42 - U.S. Bank Introduces Downloadable Mobile Banking Application
MINNEAPOLIS-(Business Wire)-September 29, 2009 - U.S. Bank has launched the Mobile Wallet, its new free downloadable mobile banking application that allows more convenient banking access on the go to its customers. The bank is collaborating with Firethorn Holdings, LLC, a Qualcomm company, to...
43 - Financo Awarded M&A Advisor’s 2009 “Debt Financing Deal of the Year”
NEW YORK-(Business Wire)-September 29, 2009 - Financo, Inc., an investment banking firm that specializes in advisory services to retailers and merchandising companies, today announced that it was awarded the M&A Advisor’s “Debt Financing Deal of the Year” for securing a second lien...
44 - Encompass Group Announces Results for the Fiscal Year Ended June 30, 2009
NEW YORK-(Business Wire)-September 29, 2009 - Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), a leader in the consumer electronics segment of the reverse logistics industry, today announced financial results for the fiscal year ended June 30, 2009. “Notwithstanding these difficult and...
45 - Union Bank Expands Its FDIC-Insured Market-Linked CD Offerings to Commodity Prices
LOS ANGELES-(Business Wire)-September 29, 2009 - Union Bank, N.A., today announced it will be offering its principal- and Federal Deposit Insurance Corporation (FDIC)-protected market-linked certificates of deposit (MLCD) linked to the Dow Jones-UBS Commodity IndexSM1. The product reflects the...
46 - First Chester County Corporation Announces Third Quarter Dividend
WEST CHESTER, Pa.-(Business Wire)-September 29, 2009 - The Board of Directors of First Chester County Corporation (OTCBB:FCEC), parent company of First National Bank of Chester County, declared a regular third quarter cash dividend of $0.14 per share to shareholders of record as of September 1...
47 - Clough Global Opportunities Fund Increases Quarterly Cash Distribution to $0.25 Per Share
DENVER-(Business Wire)-September 29, 2009 - Today, the Clough Global Opportunities Fund (NYSE Amex: GLO) declared an increased quarterly cash distribution of $0.25 per common share for October 2009. The dividend will be payable on October 30, 2009 to shareholders of record on October 21, 2009...
48 - Clough Global Allocation Fund Increases Quarterly Cash Distribution to $0.28 Per Share
DENVER-(Business Wire)-September 29, 2009 - Today, the Clough Global Allocation Fund (NYSE Amex: GLV) declared an increased quarterly cash distribution of $0.28 per common share for October 2009. The dividend will be payable on October 30, 2009 to shareholders of record on October 21, 2009. Clough...
49 - Clough Global Equity Fund Increases Quarterly Cash Distribution to $0.26 Per Share
DENVER-(Business Wire)-September 29, 2009 - Today, the Clough Global Equity Fund (NYSE Amex: GLQ) declared an increased quarterly cash distribution of $0.26 per common share for October 2009. The dividend will be payable on October 30, 2009 to shareholders of record on October 21, 2009. Clough...
50 - OLB Group, Inc. Initiates Fourth Quarter Marketing Campaign to Include Aggressive Nationwide Radio Campaign to Increase Revenue
NEW YORK-(Business Wire)-September 29, 2009 - OLB Group, Inc. (OTC BB: OLBG) announced that it is initiating an extensive nationwide radio advertising campaign to accelerate its sales of the company's turn-key business websites. As a marketing tool, the radio broadcasting market has the potential...
51 - Continuity Engine Announces Control 1.5
NEW YORK-(Business Wire)-September 29, 2009 - Continuity Engine, the creator of an on-demand platform that offers solutions to the regulatory compliance process for community financial institutions, announced at the Finovate 2009 conference the release of version 1.5 of its flagship product...
52 - Gaylord Entertainment Company Closes Private Placement of $360 Million in Convertible Senior Notes, Including Exercise of Over-Allotment Option
NASHVILLE, Tenn.-(Business Wire)-September 29, 2009 - Gaylord Entertainment Co. (NYSE: GET) today announced the closing of its previously-announced private placement of $360 million in aggregate principal amount of convertible senior notes due 2014. This amount includes the exercise in full of the...
53 - Deutsche Bank Recognized by Reactions Magazine as Best Insurance Asset Manager for the Second Consecutive Year
NEW YORK-(Business Wire)-September 29, 2009 - Deutsche Asset Management’s insurance division has been awarded Best Asset Manager by Reactions, the financial magazine for the global insurance market. This is the second consecutive time that Deutsche Insurance Asset Management has won this award...
54 - Sharp Equity Opens Trustee Sales to More Investors Through Bid Service Program
PHOENIX-(Business Wire)-September 29, 2009 - On Monday September 21st, 2,100 homes went to the trustee auctions on the Maricopa County Court House steps, an all-time high. Realtors, investors, savvy home buyers and residential home flippers are in a great position to take advantage of the incredible...
55 - A.M. Best Named Best Global Rating Agency at the Reactions Global Awards 2009
OLDWICK, N.J.-(Business Wire)-September 29, 2009 - A.M. Best Co. was named Best Global Rating Agency at the Reactions Global Awards 2009 event on September 24 in New York City. Accepting the award was Matthew Mosher, senior vice president of global ratings. "We are pleased to be recognized as Best...
56 - TRACE Bond Reporting to Now Cover Government Agency Debt
WASHINGTON-(Business Wire)-September 29, 2009 - The Financial Industry Regulatory Authority announced today that the Securities and Exchange Commission approved a major expansion of FINRA's Trade Compliance and Reporting Engine (TRACE) to include debt issued by federal government agencies...
57 - UMB Healthcare Services’ Dennis Triplett to Speak at National Treasury and Finance Conference
KANSAS CITY, Mo.-(Business Wire)-September 29, 2009 - Dennis Triplett, CEO of UMB Healthcare Services, a division of UMB Financial Corporation (NASDAQ: UMBF), has been invited to speak at the Association for Financial Professionals (AFP) annual conference in San Francisco, Calif. October 4 – 7...
58 - Millennium Bankshares Announces the Completion of Branch Sale
RESTON, Va.-(Business Wire)-September 29, 2009 - Millennium Bankshares Corporation (OTCBB:MBVA) announced today that its wholly owned subsidiary, Millennium Bank, N.A. has completed the sale of its Warrenton, Virginia branch to Sonabank , a wholly owned subsidiary of Southern National Bancorp of...
59 - HSBC Trade Confidence Index Reveals Positive Outlook on Global Economy among Small and Mid-Market Businesses Worldwide
NEW YORK-(Business Wire)-September 29, 2009 - The latest HSBC Trade Confidence Index uncovered growing confidence in the state of global trade, indicating that exporters and importers might be seeing the start of an economic recovery. The HSBC Index joins the growing list of indicators pointing...
60 - Research and Markets: Personal Finance Management Tools: Consumer Behavior Fuels Battle for Supremacy Between Banks and PFM Sites
DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets has announced the addition of Javelin Strategy & Research's new report "Personal Finance Management Tools: Consumer Behavior Fuels Battle for Supremacy Between Banks and PFM Sites" to their offering. Consumers have long desired...
61 - my-Channels Nirvana Delivers Real Time Middleware for the iPhone
LONDON-(Business Wire)-September 29, 2009 - My-Channels are pleased to announce full support for the iPhone platform in its low-latency, high-performance, unified middleware product: Nirvana. “Nirvana is a powerful tool for iPhone developers. It allows developers to access sources of real time...
62 - Research and Markets: 3Q.2009 Egypt Mobile Payment Market Forecast, 2009 - 2013: Gross Transaction Value of Mobile Payments in Egypt Will Reach $229 Million in 2013
DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets will account for 24% of the world market share for Mobile Payments by Gross Transaction Values Western Europe Mobile Payments to rise to $32.7 billion in 2013, a CAGR of 94% Cautious attitude towards mobile will prevail, but NFC...
63 - Natixis Global Associates Survey Reveals Investors Have Limited Information, Harbor Misconceptions about Roth IRA Conversions
BOSTON-(Business Wire)-September 29, 2009 - Almost half of affluent American investors are unaware of an upcoming unique one-time opportunity in 2010 to convert tax-deferred retirement accounts into a Roth IRA, according to a recent nationwide survey sponsored by Natixis Global Associates (NGA...
64 - Scottrade Opens Office in Delafield, Wis.
DELAFIELD, Wis.-(Business Wire)-September 29, 2009 - Scottrade a leading branch-supported online investing firm, is opening a new office Monday, Oct. 12 in Delafield, Wis. The new office, at 3230 Golf Road in the Shoppes at Nagawaukee Shopping Center, will be managed by Kim Gibas. “The new...
65 - Fitch Rates Windstream's Proposed $400MM Debt Offering 'BB+'; Outlook Stable
CHICAGO-(Business Wire)-September 29, 2009 - Fitch Ratings has assigned a 'BB+' rating to Windstream Corporation's (Windstream)(NYSE: WIN) proposed offering of $400 million of senior unsecured notes due 2017. Windstream's Issuer Default Rating (IDR) is 'BB+' and the Rating Outlook is Stable. The...
66 - Scottrade Adds to Branch Network in Delaware
NEWARK, Del.-(Business Wire)-September 29, 2009 - Scottrade, a leading branch-supported online investment firm, is opening a new office Monday, Oct. 12 in Newark, Del. The new office, at 1257 Churchman’s Road in The Center Pointe Plaza II Shopping Center, will be managed by Richard Thompson...
67 - Javelin Survey: As Mobile Banking Heads for Explosive Growth, Consumers Rank Simplicity, Security Supreme
SAN FRANCISCO-(Business Wire)-September 29, 2009 - With 86 percent of American adults owning a mobile handset, mobile banking is poised for explosive growth. Currently 36 million adults are using mobile banking (smartphone users – 18% of Americans – are the heaviest users), but by 2014 that...
68 - Russell Survey: Managers Press Pause
TACOMA, Wash.-(Business Wire)-September 29, 2009 - The results of the latest Investment Manager Outlook, a quarterly survey of U.S. investment managers conducted by Russell Investments, reveal that professional investment managers have dialed down their bullishness from last quarter, particularly in...
69 - Standard & Poor’s Approves Allonhill as Third-Party Review Firm
DENVER-(Business Wire)-September 29, 2009 - Allonhill, a Denver-based national mortgage due diligence and credit risk management firm, announced today it is among the first firms in the country to win approval from Standard & Poor’s Rating Service to perform third-party reviews on...
70 - FundingUniverse Hosts Free Pitching Event for Entrepreneurs
DENVER-(Business Wire)-September 29, 2009 - FundingUniverse (www.fundinguniverse.com), a leader in connecting qualified entrepreneurs with active investors and lenders across the United States, officially announced they will host the first-ever CrowdPitch event in Denver on September 30, 2009...
71 - SolarCity and U.S. Bank Expand Fund to Finance Solar Projects
FOSTER CITY, Calif. & MINNEAPOLIS-(Business Wire)-September 29, 2009 - SolarCity® and U.S. Bancorp Community Development Corporation (USBCDC) today announced that they have doubled the size of their fund to finance solar projects. The fund, originally announced in June, will be expanded to...
72 - Goldman Sachs Conference Call to Announce Third Quarter 2009 Results
NEW YORK-(Business Wire)-September 29, 2009 - The Goldman Sachs Group, Inc. (NYSE: GS) plans to announce its third quarter 2009 financial results on Thursday, October 15th in a release that will be issued at approximately 7:30 am (ET). The press release will also be available on the firm’s web...
73 - MyLegacySM Life Insurance Offers Bank Customers Enhanced Wealth Transfer Benefits and Immediate Coverage
NEWARK, N.J.-(Business Wire)-September 29, 2009 - A new single-premium universal life insurance policy, MyLegacySM, issued by Pruco Life Insurance Company (Pruco Life), a Prudential Financial, Inc. (NYSE:PRU) company, is an immediate issue policy that helps provide an easy and efficient way for...
74 - Accounting Author Barry Jay Epstein Advises Rapid Deployment by CPA Firms of New GAAP Codification
CHICAGO-(Business Wire)-September 29, 2009 - Accountants who fail to implement the new FASB Accounting Standards Codification™ (ASC) that went into effect on July 1, 2009 face increased litigation exposure, according to Dr. Barry Jay Epstein, CPA, lead author of the recently released accounting...
75 - J.P. Morgan Worldwide Securities Services Launches Portfolio Construction Tool
NEW YORK-(Business Wire)-September 29, 2009 - J.P. Morgan Worldwide Securities Services (WSS) announced today that it has developed an asset allocation and manager selection analysis tool that enables clients to plan and map the risk-return implications of their current and new portfolios. The...
76 - BNP Paribas Goes Live with SS&C’s TradeThru™ in Mumbai
WINDSOR, Conn.-(Business Wire)-September 29, 2009 - SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, today announced BNP Paribas, in Mumbai, India, has migrated to SS&C’s TradeThru™, the leading trade processing...
77 - Harvard Economist Kenneth Rogoff to Address World Economic Outlook Conference
LEXINGTON, Mass.-(Business Wire)-September 29, 2009 - Kenneth Rogoff, Harvard University economist and former chief economist at the International Monetary Fund, will address the IHS Global Insight World Economic Outlook Conference October 20 in Boston. Rogoff's speech at 2:30 p.m. Tuesday...
78 - San Mateo Credit Union Partners with IMM to Create Paperless Environment
LINDEN, N.J.-(Business Wire)-September 29, 2009 - Integrated Media Management (IMM)®, a document output management and automation technology provider, announced that San Mateo Credit Union has deployed its TotaleAtlas, a document preparation engine that captures signatures electronically in-branch...
79 - Fiserv-Sponsored Survey Shows How Financial Institutions Can Help Consumers Manage Their Finances in Difficult Times
BROOKFIELD, Wis.-(Business Wire)-September 29, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced survey results revealing how consumers’ financial activities have been impacted by the prolonged recession, and how financial...
80 - Houlihan Lokey Launches Transaction Advisory Services Group
LOS ANGELES-(Business Wire)-September 29, 2009 - Houlihan Lokey announced today the launch of a dedicated Transaction Advisory Services Group which will provide clients with comprehensive financial and tax due diligence services as they evaluate acquisition or investment targets. This service...
81 - KKR Announces Appointment of Jonathan R. Levin as Treasurer and Head of Investor Relations
NEW YORK-(Business Wire)-September 29, 2009 - KKR today appointed Jonathan R. Levin to the newly created position of Treasurer and Head of Investor Relations. As Treasurer, he will be involved in the oversight of the firm’s balance sheet, including the $3 billion in net assets it is expected to...
82 - ACE Limited to Hold Its Third Quarter Earnings Conference Call on Wednesday, October 28, 2009
ZURICH, Switzerland-(Business Wire)-September 29, 2009 - ACE (NYSE:ACE) will hold its third quarter earnings conference call on Wednesday, October 28, 2009, beginning at 8:30 a.m. Eastern Time. ACE expects to issue its third quarter earnings release and financial supplement after the market closes...
83 - ITG’s Triton® Wins Financial News IT Award
NEW YORK-(Business Wire)-September 29, 2009 - Investment Technology Group, Inc. (NYSE:ITG), the leading agency broker and financial technology firm, has won an award at the 7th annual Financial News ‘Awards for Excellence in IT’ at a ceremony held in London last week. Triton, ITG’s global...
84 - Alaska Option Joins Acculynk Internet PIN Debit Pilot
ANCHORAGE, Alaska-(Business Wire)-September 29, 2009 - Alaska Option, a full-service EFT network offering ATM and POS transaction switching and settlement services to financial institutions and financial service providers nationwide, has joined Acculynk’s pilot of PaySecureTM, the first...
85 - GlobalOptions Group Welcomes James Carville and Brian Billick to 4th Annual Executive Forum
NEW YORK-(Business Wire)-September 29, 2009 - Political strategist James Carville and Super Bowl winning former Baltimore Ravens head coach Brian Billick have signed on to speak at GlobalOptions Group’s 2010 Executive Forum in Orlando, FL. The annual event is designed to provide a platform for...
86 - Progress Software and CQG Launch Automated Execution Application for CQG Futures Trading
BEDFORD, Mass.-(Business Wire)-September 29, 2009 - Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, and CQG, Inc., the provider of the industry’s leading trade routing, graphics, and technical analysis tools for...
87 - Billeo Launches First Service to Present Shopping Discounts and Rewards within Search Results of Google, Yahoo! and Bing
NEW YORK-(Business Wire)-September 29, 2009 - Finovate 2009 Conference — Billeo, Inc., the provider of the leading personal finance application that helps consumers pay bills and shop online, today announced the launch of the Offer Assistant, a patent-pending, free service that for the first time...
88 - Wells Fargo Eliminates Remittance Transfer Fees to Philippines for Families and Friends Affected by Typhoon Ketsana
SAN FRANCISCO-(Business Wire)-September 29, 2009 - Wells Fargo & Company (NYSE:WFC) — with its remittance network member Bank of the Philippine Islands (BPI) – is temporarily eliminating all remittance transfer fees (normally $5 or $7) for customers sending money using the ExpressSend...
89 - Gannett Co., Inc. Announces Offering of Senior Notes
MCLEAN, Va.-(Business Wire)-September 29, 2009 - Gannett Co., Inc. (NYSE: GCI) today announced that it intends to offer $200 million of senior notes due 2014 and $200 million of senior notes due 2017 in a private offering to “qualified institutional buyers” as defined in Rule 144A under the...
90 - Research and Markets: This Essential Banking Industry Scouting Report is Now Available
DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets has announced the addition of the "Banking Industry Scouting Report" report to their offering. The Banking Industry Scouting report is designed to be a resource for executive and sales professionals in the technology and services...
91 - 2Checkout.com, Inc. Names Tom Dailey President
COLUMBUS, Ohio-(Business Wire)-September 29, 2009 - 2Checkout.com, Inc., a leading provider of e-commerce and payments processing solutions for merchants, announced today the appointment of Tom E. Dailey as president of the company. Dailey is a 25+ year credit card and payments industry veteran...
92 - JPMorgan Chase Announces Management Changes
NEW YORK-(Business Wire)-September 29, 2009 - JPMorgan Chase & Co. (NYSE: JPM) today announced senior leadership changes in its Investment Bank and Asset Management businesses. Steve Black, co-CEO of the Investment Bank, will become Executive Chairman of the Investment Bank. Jes Staley...
93 - Research and Markets: How to Invest in Structured Products: A Guide for Investors and Asset Managers
DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets has announced the addition of John Wiley and Sons Ltd's new report "How to Invest in Structured Products : A Guide for Investors and Asset Managers" to their offering. This book is essential in understanding, investing and risk...
94 - Capco Appoints Diane Schueneman to Its Board of Directors
NEW YORK-(Business Wire)-September 29, 2009 - Capco, a leading global provider of integrated consulting, technology, and transformation services dedicated solely to the financial services industry, today announced its appointment of Diane Schueneman to its board of directors. Ms. Schueneman, age 57...
95 - PartnerRe to Pursue Acquisition of the Remainder of PARIS RE Through a Merger Following the Purchase of 83% of PARIS RE’s Shares
PEMBROKE, Bermuda-(Business Wire)-September 28, 2009 - PartnerRe Ltd. (NYSE:PRE) today announced that it has entered into definitive agreements amending the previously announced acquisition structure of PARIS RE Holdings Limited (Euronext:PRI), the French-listed, Swiss-based diversified reinsurer...
96 - Fitch Affirms Banco de Reservas de la Republica Dominicana's Long-Term IDR at 'B'
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings has affirmed Banco de Reservas de la Republica Dominicana, Banco de Servicios Multiples' (Banreservas) ratings as follows: —Foreign Currency Issuer Default rating (IDR) at 'B'; —Local Currency IDR at 'B'; —Short-Term...
97 - Fitch Special Report: Outlook for Mexican Banks Will Remain Challenging
MONTERREY, Mexico-(Business Wire)-September 28, 2009 - Fitch Ratings today announced the release of a special report which evaluates major Mexican banks and provides an outlook for the industry. In Fitch's opinion, the challenges faced by the country's banks are increasing, regardless of the...
98 - First BanCorp Announces Changes in Senior Management and Board of Directors
SAN JUAN, Puerto Rico-(Business Wire)-September 28, 2009 - First BanCorp (the “Corporation”) (NYSE: FBP) announced today the appointment of Mr. Aurelio Alemán, currently Senior Executive Vice-President and Chief Operating Officer, as President and Chief Executive Officer of the Corporation. Mr...
99 - Trustmark Corporation to Announce Financial Results October 27 and Conduct Conference Call October 28
JACKSON, Miss.-(Business Wire)-September 28, 2009 - Trustmark Corporation (NASDAQ:TRMK) will announce its third quarter 2009 financial results in a news release on Tuesday, October 27 after close of the market. Richard G. Hickson, Chairman and CEO, will conduct a conference call with analysts on...
100 - TIB Financial Corp. Announces Results of the Special Meeting of Shareholders And Corporate Reorganization
NAPLES, Fla.-(Business Wire)-September 28, 2009 - TIB Financial Corp. (NASDAQ:TIBB), parent company of TIB Bank and Naples Capital Advisors, leading financial services providers serving Southwest Florida, South Miami-Dade County and the Florida Keys, today announced it held a Special Meeting of...
101 - TD AMERITRADE Names David Kimm Chief Risk Officer
OMAHA, Neb.-(Business Wire)-September 28, 2009 - TD AMERITRADE Holding Corporation (NASDAQ: AMTD) today named David Kimm as the Company’s chief risk officer (CRO). He will join TD AMERITRADE in October and will be responsible for working with the Company’s various business units to help identify...
102 - Fiserv to Sell Loan Fulfillment Solutions Business
BROOKFIELD, Wis.-(Business Wire)-September 28, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc., a...
103 - Fitch Downgrades North Carolina's $100MM Series 2002F Rfdg Bonds to 'F1'
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings downgrades the short-term rating assigned to the State of North Carolina's $99,870,000 refunding bonds series 2002F to 'F1' from 'F1+'. Fitch recently affirmed the bonds' long-term 'AAA' rating which is based on Fitch's rating for North...
104 - Fitch Places ACS on Rating Watch Positive
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings has placed the following ratings for Affiliated Computer Services, Inc. (ACS) on Rating Watch Positive subsequent to Xerox Corporation's (Xerox) stated intent to acquire the company: —Issuer Default Rating (IDR) 'BB'; —Senior...
105 - Fitch Affirms Abbott Laboratories 'A+' IDR; Outlook Stable
CHICAGO-(Business Wire)-September 28, 2009 - Fitch Ratings has affirmed Abbott Laboratories' (Abbott) 'A+' Issuer Default Rating (IDR) and'A+' bank loan and senior unsecured debt ratings. In addition, the 'F1' short-term debt rating has been affirmed. The Rating Outlook is Stable. The rating applies...
106 - Fitch Affirms Xerox's IDR at 'BBB' Following Proposed ACS Acquisition; Outlook Negative
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings has affirmed the ratings of Xerox Corporation (Xerox) following the company's proposed acquisition of Affiliated Computer Services, Inc. (ACS) for $9 billion, including $2.3 billion of assumed debt ($8.3 billion net of cash acquired). The...
107 - Fitch Upgrades Vericrest's Residential Servicer Rating
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings upgrades the U.S. residential servicer rating for Vericrest Financial, Inc. (Vericrest) as follows: —Residential Primary servicer rating for subprime product to 'RPS3' from 'RPS3-'. Although Vericrest has a limited operating history...
108 - Putnam Announces Dividend Rates for Open-End Funds
BOSTON-(Business Wire)-September 28, 2009 - The Trustees of The Putnam Funds declare the following distributions today. RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE Putnam Convertible Income-Growth Trust– Class B Shares (PCNBX) $0.1120 per share investment income 9/28/09...
109 - Putnam Announces Dividend Rates for Open-End Funds
BOSTON-(Business Wire)-September 28, 2009 - The Trustees of The Putnam Funds declare the following distributions today. RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE Putnam Convertible Income-Growth Trust– Class B Shares (PCNBX) $0.1120 per share investment income 9/28/09...
110 - Fitch Upgrades EPM's Foreign Currency IDR to 'BBB-'; Outlook Stable
CHICAGO-(Business Wire)-September 28, 2009 - Fitch Ratings has upgraded Empresas Publicas de Medellin E.S.P. (EPM)'s foreign currency Issuer Default Rating (IDR) and the USD500 million bond issuance rating to 'BBB-' from 'BB+'. Concurrently, Fitch has affirmed EPM's local currency IDR at 'BBB-'. The...
111 - Fitch Upgrades Unified Govt of Wyandotte Cnty/Kansas City (KS) Sales Tax Revs to 'BBB'
NEW YORK-(Business Wire)-September 28, 2009 - In the course of routine surveillance, Fitch Ratings upgrades the Unified Government of Wyandotte County and Kansas City, Kansas' (the government) outstanding taxable sales tax special obligation revenue refunding bonds as follows: —Approximately...
112 - Fitch Rates RBSCF 2009-RR1 Pass-Through Certs, Series 2009-RR1
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings rates RBSCF Trust 2009-RR1, resecuritization pass-through certificates, series 2009-RR1, as follows: Group CSMC —$61,387,000* class CSMC-A 'AAA'; Outlook Stable; —$30,693,000** class CSMC-A1 'AAA'; Outlook Stable...
113 - Wells Fargo Third Quarter Earnings Information
SAN FRANCISCO-(Business Wire)-September 28, 2009 - Wells Fargo & Company (NYSE: WFC) is scheduled to announce its third quarter 2009 earnings Wednesday, October 21, 2009, at 5 a.m. PDT (8 a.m. EDT). The news release will be available at wellsfargo.com/invest_relations/earnings. Howard Atkins...
114 - Cardlytics Honored at TechAmerica “Spirit of Endeavor” Awards
ATLANTA-(Business Wire)-September 28, 2009 - Cardlytics, a provider of targeted, card-based, merchant-funded rewards technology, was named a finalist in two award categories and CEO and founder Scott Grimes won the award for “Technology Innovation” at the TechAmerica 2009 Southeastern...
115 - Fitch Affirms Residential Servicer Ratings for MetLife Home Loans
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings takes the following rating actions on the U.S. residential primary servicer ratings for MetLife Home Loans a Division of MetLife Bank, N.A. (MLHL). —U.S. residential primary servicer rating for prime product affirmed at 'RPS2...
116 - Fitch Affirms Avery Ranch Road District No. 1 (TX) Unlimited Tax Bonds at 'A'; Outlook Stable
NEW YORK-(Business Wire)-September 28, 2009 - As part of ongoing surveillance, Fitch Ratings has affirmed the 'A' rating assigned to $14,500,000 of outstanding unlimited tax refunding bonds, series 2007 and unlimited tax road bonds, series 2005 (the bonds). The Rating Outlook is Stable. The bonds...
117 - PartnerRe Ltd. to Present at Bank of America Merrill Lynch Banking & Insurance Conference 2009 in London
PEMBROKE, Bermuda-(Business Wire)-September 28, 2009 - PartnerRe Ltd. (NYSE:PRE) today announced that PartnerRe EVP & CFO Albert Benchimol will participate in the Bank of America Merrill Lynch Banking & Insurance Conference in London. The presentation will take place on Wednesday...
118 - Fitch: U.S. CCRC Outlook Remains Negative, 2009 Median Ratios Call Tomorrow at 11AM EDT
NEW YORK-(Business Wire)-September 28, 2009 - Tomorrow, Fitch Ratings will hold a teleconference at 11AM EDT to discuss its 2009 Median Ratios for U.S. Continuing Care Retirement Communities (CCRC). Fitch currently maintains a Negative Outlook for the CCRC sector as a whole. Fitch anticipates that...
119 - Standard Life Investments Adds to Global Fixed Income Capability
BOSTON-(Business Wire)-September 28, 2009 - Standard Life Investments, the global fund manager, has enhanced its ability to deliver global credit management with the appointment of Christopher Heckscher as Senior Vice President, US Credit. Christopher joins from Wellington Management where he...
120 - Fitch Affirms 4 and Downgrades 2 Classes of Sargas CLO II Ltd./LLC; Assigns LS Ratings and Outlooks
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings has affirmed four and downgraded two classes of notes issued by Sargas CLO II Ltd./LLC (Sargas CLO II). A detailed list of rating actions follows at the end of this press release. The affirmations are the result of the credit enhancement...
121 - Fitch Withdraws Rating on Various City of Chicago, Illinois General Obligation Bonds
NEW YORK-(Business Wire)-September 28, 2009 - Fitch Ratings has withdrawn its 'AA' long-term rating on certain maturities for the following bond: —Chicago (IL) general obligation (GO) bonds series 1998; —Chicago (IL) GO refunding bonds series 1998; —Chicago (IL) GO project &...
122 - Murdoch Security Group Engages Newbridge Securities
NEW YORK-(Business Wire)-September 28, 2009 - Murdoch Security Group today announced an exclusive investment banking arrangement with Fort Lauderdale-based Newbridge Securities Corporation. The company has also signed a letter of intent to add a Mexican security firm to its group partner network and...
123 - Online Resources Announces Date for Third Quarter 2009 Earnings Results
CHANTILLY, Va.-(Business Wire)-September 28, 2009 - Online Resources Corp. (Nasdaq: ORCC), a leading provider of online financial services, today announced it will provide third quarter 2009 earnings results after the close of market on Wednesday, October 28, 2009. Management will host a...
124 - SecondMarket To Provide Dow Jones With Bankruptcy-Related Data
NEW YORK-(Business Wire)-September 28, 2009 - SecondMarket, the largest marketplace for illiquid assets, announced today that it has entered into an agreement with Dow Jones & Company to provide bankruptcy claims trading data for inclusion in the Dow Jones Daily Bankruptcy Review and its related...
125 - United States Short Oil Fund is Now Available for Trading under Symbol DNO
DENVER-(Business Wire)-September 28, 2009 - The United States Short Oil Fund, LP (NYSE Arca: DNO) is an exchange traded security that is designed to inversely track in percentage terms the movements of crude oil prices. DNO issued units may be purchased and sold on the New York Arca Stock...
126 - Fitch: Constellation's Uncertain Outlook Reflected in Rising Liquidity
NEW YORK & LONDON-(Business Wire)-September 28, 2009 - The general slowdown in the U.S. consumer products sector is creating some headwinds for Constellation Brands as they try to dig their way out of fairly substantial debt, according to Fitch Solutions in its latest update on Global CDS...
127 - Aspiring Movie Writer Wins $5,000 for College in Sallie Mae’s Saving for College Video Contest
RESTON, Va.-(Business Wire)-September 28, 2009 - Votes are in and investing in a higher education just got easier for the grand prize winner of the Sallie Mae Saving for College video contest, Jeffrey Loveness of Montgomery Creek, Calif. Loveness will receive a $5,000 cash prize for entering the...
128 - The Hartford Encourages Consumers To Change Their Perspective On Life
SIMSBURY, Conn.-(Business Wire)-September 28, 2009 - Many consumers buy life insurance for the financial security it may provide to their family or other loved ones when they die. While the death benefit is the primary purpose of life insurance, few consumers, according to The Hartford, know that...
129 - Wolters Kluwer Financial Services and LoanSifter Provide Lenders Seamless, Electronic Access to Compliance Disclosures
MINNEAPOLIS & APPLETON, Wis.-(Business Wire)-September 28, 2009 - Wolters Kluwer Financial Services and LoanSifter announced today that the two companies have integrated Wolters Kluwer Financial Services’ Disclosure Manager solution with LoanSifter’s integrated web-based 1003 mortgage...
130 - A.M. Best Special Report: Surplus Lines Results Dip From Competition, Cat Losses and Economy
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - In 2008, the underwriting and operating performance of surplus lines companies continued to outpace that of the total property/casualty industry, although at a diminished level from 2007 due to persistent soft market conditions, the recession, and...
131 - Sun Life Reports Continued High Demand for Sun Executive Life Insurance Solution Specifically Designed for Small Businesses
WELLESLEY, Mass.-(Business Wire)-September 28, 2009 - The U.S. division of Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) today announced that sales for its Sun Executive product, a life insurance solution designed especially to help small businesses with issues like business succession, key person...
132 - The Pepsi Bottling Group to Webcast Third Quarter 2009 Earnings Conference Call
SOMERS, N.Y.-(Business Wire)-September 28, 2009 - The Pepsi Bottling Group, Inc. (NYSE: PBG) today announced that it will webcast its third quarter 2009 earnings conference call with financial analysts and investors on Tuesday, October 6 at 11:00 a.m. ET. PBG will release its third quarter financial...
133 - BV Financial, Inc. Announces Retirement of Chief Financial Officer
BALTIMORE-(Business Wire)-September 28, 2009 - BV Financial, Inc. (OTCBB: BVFL), the holding company for Bay-Vanguard Federal Savings Bank, today announced that Edmund T. Leonard has indicated his intention to retire as Chief Financial Officer of the Company and the Bank, effective on January 8...
134 - Navy Army Federal Credit Union Selects Fiserv as Technology Provider
BROOKFIELD, Wis.-(Business Wire)-September 28, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions and the largest provider of business-driven technology solutions for credit unions, announced today that Navy Army Federal Credit Union in...
135 - Ebix’s AnnuityNet Exchange Reports Record Adoption by Industry
ATLANTA-(Business Wire)-September 28, 2009 - Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry announced today that its recent engagements with a number of large banks and financial institutions is expected to...
136 - Fitch Affirms Sebring, Florida's Water & Sewer Revs at 'A'
NEW YORK-(Business Wire)-September 28, 2009 - In the course of routine surveillance, Fitch Ratings affirms Sebring, Florida's (the city) approximately $20.4 million in outstanding water and sewer revenue bonds, series 2002. The Rating Outlook is Stable. The 'A' rating reflects the system's sound...
137 - A.M. Best Assigns Debt Rating to Unum Group’s New Senior Notes
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - A.M. Best Co. has assigned a debt rating of “bbb-” to the $350 million 7.125% senior unsecured notes, maturing 2016 issued by Unum Group (Unum) (Chattanooga, TN) [NYSE: UNM]. The rating outlook is stable. Unum and its subsidiaries’ existing...
138 - First Merchants Bank Charter Consolidation Complete
MUNCIE, Ind.-(Business Wire)-September 28, 2009 - First Merchants Corporation (NASDAQ: FRME) announced that it has received approval from the Office of the Comptroller of the Currency (OCC), and has completed the merger of three of its subsidiary banks and charters into the corporation’s single...
139 - Bank of Idaho Achieves Enhanced Small Business Lending Compliance and Credit Risk Management with Cypress Software’s BizMark Solution
NORTH RICHLAND HILLS, Texas-(Business Wire)-September 28, 2009 - As many financial institutions are looking for methods to enhance lending compliance and credit risk management, Bank of Idaho has found a solution by using a combination of sound lending practices and technology. Earlier this year...
140 - CardNow® and Card Now® Trademarks Granted To Prepaid Card Holdings, Inc. Subsidiary For Debit Card And Credit Card Services
LAS VEGAS-(Business Wire)-September 28, 2009 - Prepaid Card Holdings, Inc. (Pink Sheets:PPDC) announced today its wholly owned subsidiary was granted trademark approval for Card Now® and CardNow® from the United States Patent and Trademark Office. Card Now® and CardNow® are hosted at...
141 - Credit.com Launches “Credit Report Card”, Giving Consumers a New Level of Transparency into Their Credit Scores
SAN FRANCISCO-(Business Wire)-September 28, 2009 - As millions of consumers struggle during these turbulent times, credit education and financial services company Credit.com will announce tomorrow at Finovate 2009 in New York the launch of its “Credit Report Card” (CRC), the first-ever free...
142 - MRG Co-Hosts Demonstration Suite at MBA’s 96th Annual Convention
DALLAS-(Business Wire)-September 28, 2009 - MRG Document Technologies (MRG) (www.mrgdocs.com), a provider of mortgage technologies to banks, credit unions and other lenders, announced that it will co-host a demonstration suite with Guardian Resolution Services LLC (GRS) during MBA's 96th Annual...
143 - Phoenix Maintains Policy Dividend Scales for 2010
HARTFORD, Conn.-(Business Wire)-September 28, 2009 - The Phoenix Companies, Inc. (NYSE: PNX) today announced that the board of directors of Phoenix Life Insurance Company voted to maintain the current policy dividend scale effective January 1, 2010 for policies in the closed block of business, as...
144 - STG Wins $35 Million Global Payroll Contract from Department of State
RESTON, Va.-(Business Wire)-September 28, 2009 - STG, Inc. (STG) announced today that it has been awarded the Department of State’s Bureau of Resource Management (RM) Worldwide Agency-wide Locally Engaged Staff (WALES) contract. Under this $35 million, 5-year contract, STG will design, develop and...
145 - Internet Payment Exchange Teams with ARM Solutions to Offer Soft Collections
TOLEDO, Ohio-(Business Wire)-September 28, 2009 - Internet Payment Exchange (IPayX) (www.ipayx.com), a provider of electronic billing and payment (EBP) technology and customer service solutions to healthcare providers, utility companies, municipal governments and other organizations, announced an...
146 - Rick’s Cabaret International, Inc. Agrees to Acquire Additional Nightclub in Dallas-Ft. Worth Market
HOUSTON-(Business Wire)-September 28, 2009 - Rick’s Cabaret International, Inc. (NASDAQ: RICK), the leading publicly traded chain of upscale gentlemen’s clubs, said today it has agreed to acquire Cabaret North, an upscale gentlemen’s club in Ft. Worth, Texas. Upon closing expected Wednesday...
147 - Mereor Selects Imagine Software for Risk and Portfolio Management
NEW YORK & PARIS-(Business Wire)-September 28, 2009 - Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced the selection of its award-winning, Internet-based Derivatives.com service by Paris-based Mereor Investment Management and...
148 - Bank Consultant Group Gregory A. Noonan & Associates Inc. Adds Expert to Assist Banks with Critical 2010 Changes
GERMANTOWN, Tenn. & ROCKFORD, Ill.-(Business Wire)-September 28, 2009 - To help banks manage 2010 changes, bank consultant firm Gregory A. Noonan & Associates Inc. has added Enterprise Performance Management expert Paul Panther of Rockford, Illinois to its associate group. Since 2005...
149 - Full House Resorts Retains Regal Capital Advisors to Assist with Acquisition Strategy
LAS VEGAS-(Business Wire)-September 28, 2009 - Full House Resorts (NYSE Amex US: FLL) announced today that it has retained Regal Capital Advisors to advise the company with respect to its growth initiatives and acquisition strategy. “Now that FireKeepers has opened under budget and ahead of...
150 - Policy Administration Solutions from OneShield and Guidewire Are First Subjects of “Vendor Solution Reviews” by Novarica
NEW YORK-(Business Wire)-September 28, 2009 - Novarica, a research and advisory firm known for its detailed and impartial information on insurance and financial services technology vendors, today published its first “Novarica Vendor Solution Review” (VSR) reports, analyzing policy administration...
151 - Allegiance, Inc. and Zions Bancorporation to Present Customer Engagement Case Study at Motivation Conference in Chicago
Allegiance, Inc: WHO: Dr. Gary Rhoads, Engagement Expert and co-founder of Allegiance, Inc., and Claire Howells Vice President, Customer Engagement at Zions Bancorporation, will present “Win the Battle for Customers' Hearts & Minds: Case Study with Zions Bancorporation” at the...
152 - Pappas Ventures Names Eric Linsley Managing Partner
RESEARCH TRIANGLE PARK, N.C.-(Business Wire)-September 28, 2009 - Pappas Ventures today announced that Eric W. Linsley has been promoted to Managing Partner. As managing partner, Linsley will play an enhanced leadership role on a team of investment, biotechnology and medical professionals who manage...
153 - Visa Estimates $90.2 Trillion in Global Commercial Spending for 2008
SAN FRANCISCO-(Business Wire)-September 28, 2009 - Visa Inc. (NYSE: V) today released the annual global Commercial Consumption Expenditure (CCE) index, which estimates that global commercial spending grew to $90.2 trillion in 2008. The annual Visa CCE report provides standardized tracking of...
154 - Diners Club International® Signs Merchant Acquiring Contract with Elavon
RIVERWOODS, Ill.-(Business Wire)-September 28, 2009 - Diners Club International® Ltd., a business unit of Discover (NYSE: DFS), and Elavon, a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB), today announced the signing of a merchant acquiring agreement. Under the terms of the agreement...
155 - Pacific Life’s Newest Calculator Helps Show Potential of Indexed Universal Life Insurance
NEWPORT BEACH, Calif.-(Business Wire)-September 28, 2009 - Setting reasonable crediting rate assumptions for an indexed universal life (IUL) insurance policy illustration can be challenging; especially when market volatility affects the performance of the index that determines a product’s...
156 - Instinet Wins AsianInvestor’s “Best Execution-Only Broker” Award
HONG KONG-(Business Wire)-September 28, 2009 - Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its three Asian brokerage units have collectively been named “Best Execution-Only Broker” in AsianInvestor magazine’s “2009...
157 - Highwoods Properties to Participate on Panel at Bank of America Merrill Lynch Global Real Estate Conference
RALEIGH, N.C.-(Business Wire)-September 28, 2009 - Highwoods Properties, Inc. (NYSE: HIW), the largest owner and operator of suburban office properties in the Southeast and NAIOP’s 2009 Developer of the Year, today announced that Ed Fritsch, President and Chief Executive Officer, will...
158 - Discover® Small Business WatchSM: Small Business Economic Confidence Slips; More Than Two-Thirds of Small Business Owners Still Feeling the Recession
RIVERWOODS, Ill.-(Business Wire)-September 28, 2009 - American small business owners tempered their economic outlook this month, remaining cautious about perceived improvements in the economy. After three consecutive months of gains, the latest Discover® Small Business WatchSM index fell to 87.7 in...
159 - BATS Exchange Unveils BATS 1000 Index
KANSAS CITY, Mo.-(Business Wire)-September 28, 2009 - BATS Exchange, an innovative and technology leading US securities exchange, today announced the launch of the BATS 1000SM Index, a US-listed securities benchmark based on the performance of a total of 1000 US-listed securities in 10 defined...
160 - Xerox Hosts Live Audio Webcast to Discuss Acquisition of Affiliated Computer Services
NORWALK, Conn.-(Business Wire)-September 28, 2009 - Xerox Corporation (NYSE: XRX) and Affiliated Computer Services (NYSE: ACS) will host this morning a live audio webcast with online presentation slides about the definitive agreement announced today for Xerox to acquire ACS. WHEN: 8:30 a.m. ET...
161 - Xerox to Acquire Affiliated Computer Services
NORWALK, Conn. & DALLAS-(Business Wire)-September 28, 2009 - Xerox Corporation (NYSE: XRX) and Affiliated Computer Services, Inc. (NYSE: ACS) today announced a definitive agreement for Xerox to acquire ACS in a cash and stock transaction valued at $63.11 per share or $6.4 billion as of the...
162 - Benjamin F. Edwards & Co. Opens in New York
ST. LOUIS-(Business Wire)-September 28, 2009 - Not even the “Great Recession” and unprecedented upheaval in the financial services industry can prevent Benjamin F. Edwards & Co. from introducing its client-first promise to investors in metro New York. Today company officials with the St...
163 - Livebookings Secures New Funding with Wellington Partners
LONDON-(Business Wire)-September 28, 2009 - Livebookings, with customers, partners and employees in 19 countries is Europe’s largest online marketing and reservations service for the restaurant industry. Today the company announces the closure of a financing round of $16 million led by...
164 - On the Occasion of the G20 Summit in Pittsburgh - An Ethical Perspective on the Economic Recovery - a Statement Issued by EBBF – The European Bahá’í Business Forum
NIJMEGEN, The Netherlands-(Business Wire)-September 28, 2009 - EBBF (www.ebbf.org) the European Bahá’í Business Forum, an international NGO representing businesspeople across 70 countries and dedicated to inspiring responsible business practices has issued an ethical perspective on the...
165 - Elavon Acquires Diners Club Merchant Portfolio from Citibank
ATLANTA & LONDON-(Business Wire)-September 28, 2009 - Elavon, a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payments provider, has acquired Citibank’s Diners Club Card merchant-location portfolio in Western Europe, representing more than 75,000 merchants. A further...
166 - Fitch Rates Unum Group's Senior Notes 'BBB-'
CHICAGO-(Business Wire)-September 25, 2009 - Fitch Ratings has rated Unum Group Inc.'s (NYSE:UNM) issuance of $300 million in senior unsecured notes 'BBB-'. The proceeds are expected to be used for general corporate purposes. Fitch has assigned the following rating: —$350 million senior...
167 - Fitch Rates Minnesota's $60MM 911 Revenue Bonds 'AA-'; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings assigns an 'AA-' rating to $60 million State of Minnesota 911 revenue bonds (public safety radio communications system project), series 2009. The bonds, scheduled to sell through negotiation the week of Oct. 5, mature June 1, 2010-2025...
168 - Fitch Downgrades San Rafael Joint Powers Auth, CA's $7MM Revs Ser 2003 to 'AA-'; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - As part of ongoing surveillance, Fitch Ratings has downgraded the rating on San Rafael Joint Powers Authority, California's $7 million outstanding lease revenue bonds (issued for the City of San Rafael), series 2003 to 'AA-' from 'AA'. The Rating Outlook...
169 - Insured Municipal Income Fund Inc. Announces Recent Developments
NEW YORK-(Business Wire)-September 25, 2009 - Insured Municipal Income Fund, Inc. (NYSE: PIF) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has approved and will seek the approval of shareholders at a special meeting of shareholders anticipated to be held in...
170 - Fitch Downgrades 5 Classes of Notes Issued by Dunhill ABS CDO, Ltd.
CHICAGO-(Business Wire)-September 25, 2009 - Fitch Ratings downgrades the notes issued by Dunhill ABS CDO, Ltd. (Dunhill). The details of the rating action follow at the end of this press release. These rating actions are the result of severe credit deterioration among 2004 vintage residential...
171 - Fitch Downgrades GECMC 2006-C1; Assigns LS Ratings
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has downgraded 13 classes of GE Commercial Mortgage Corporation (GECMC), series 2006-C1 commercial mortgage pass-through certificates. In addition, Fitch has assigned, maintained, or revised Rating Outlooks and Loss Severity (LS) ratings as...
172 - Winthrop Resources Corporation Acquires Fidelity National Capital, Inc.
MINNETONKA, Minn.-(Business Wire)-September 25, 2009 - Winthrop Resources Corporation, a wholly-owned subsidiary of TCF Financial Corporation (“TCF”) (NYSE:TCB) today announced that it has acquired for cash Fidelity National Capital, Inc., a wholly-owned subsidiary of Fidelity National Financial...
173 - Fitch Downgrades 4 Classes of Notes Issued by C-BASS CBO XII, LTD
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings downgrades four classes of notes issued by C-BASS CBO XII, LTD (C-BASS XII). A detailed list of ratings follows at the end of this press release. These rating actions are the result of severe credit deterioration among 2004 vintage...
174 - Fitch Downgrades 4 Classes of Notes Issued by C-BASS CBO XI, LTD
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings downgrades four classes of notes issued by C-BASS CBO XI, LTD (C-BASS XI). A detailed list of ratings follows at the end of this press release. These rating actions are the result of severe credit deterioration among 2004 vintage...
175 - Fitch Downgrades 8 Classes of Notes Issued by STACK Ltd, Series 2005-1
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has downgraded eight classes of notes issued by STACK Ltd, Series 2005-1 (STACK 2005-1). The details of the rating action follow at the end of this press release. These rating actions are the result of severe credit deterioration among 2003...
176 - SECU’s Bridge Account Eases Members into Investing by Providing No-Risk Earnings
RALEIGH, N.C.-(Business Wire)-September 25, 2009 - State Employees’ Credit Union’s (SECU’s) Bridge account, introduced in 2007, is helping transition savers into investors. The account provides an avenue for saving without the risk of loss associated with the stock market, by offering the...
177 - Fitch Affirms City National's IDR at 'A-'; Outlook Negative
CHICAGO-(Business Wire)-September 25, 2009 - Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) and short-term IDR of City National Corporation (CYN) and its bank subsidiary, City National Bank, at 'A-' and 'F1', respectively. Concurrent with this action, Fitch has downgraded CYN's...
178 - Clark Nuber One of the Nation’s Best Managed Accounting Firms
BELLEVUE, Wash.-(Business Wire)-September 25, 2009 - Clark Nuber, a CPA firm headquartered in the Seattle metropolitan area, is proud to announce that it has been named to INSIDE Public Accounting’s Best of the Best Firms list for 2009. This recognition honors 25 firms annually for their wise...
179 - Fitch Affirms Sara Lee's IDRs at 'BBB/F2' on Announcement; Outlook Revised to Stable
CHICAGO-(Business Wire)-September 25, 2009 - Fitch Ratings has affirmed the ratings of Sara Lee Corporation (Sara Lee; NYSE: SLE) and its subsidiary (see full list below) following Sara Lee's announcement that it has received a binding offer from Unilever to acquire a portion of its International...
180 - Fitch Affirms City of Ocala, Florida's Revs; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings affirms the following ratings issued by the City of Ocala, Florida: —$24,165,000 water and wastewater system revenue bonds at 'AA-'; —$143,520,000 utility system revenue bonds at 'A+'. The water and wastewater bonds are...
181 - Max Capital Group Ltd. to Hold Third Quarter, 2009 Earnings Call
HAMILTON, Bermuda-(Business Wire)-September 25, 2009 - Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) today announced that it will hold an investment community conference call on Wednesday November 4, 2009, at 10:00 a.m. EST to discuss the Company's third quarter 2009 financial results...
182 - Fitch: Telefonica de Argentina's Ratings Unaffected by Debt Tender Offer Announcement
MONTERREY, Mexico & BUENOS AIRES, Argentina-(Business Wire)-September 25, 2009 - Fitch Ratings does not anticipate any change to Telefonica de Argentina S.A.'s (TASA) credit ratings following the announcement made by the company where it intends to repurchase approximately up to US$102 million...
183 - Fitch Affirms Charter Township of Chesterfield, Michigan's Limited Tax GOs 'A+'; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has affirmed its 'A+' rating to the Charter Township of Chesterfield (the township), Michigan's general obligation (GO) limited tax bonds. The bonds represent limited tax GOs of the township and constitute a first budget obligation. The...
184 - Fitch Rates $35MM New Jersey Turnpike Revenue Bonds 'A'; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings assigns an 'A' rating to the New Jersey Turnpike Authority's (the authority) approximately $35 million turnpike revenue bonds, series 2009G. Fitch also affirms the authority's outstanding senior revenue bonds at 'A'. Fitch does not rate...
185 - Fitch Downgrades 5 Classes of Fort Point CDO I, Ltd.
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has downgraded five classes of notes issued by Fort Point CDO I, Ltd.(Fort Point). These rating actions are the result of severe credit deterioration among 2004, 2005, and 2006 vintage residential mortgage-backed securitizations (RMBS...
186 - A.M. Best Withdraws Ratings of Humana Benefit Plan of Illinois, Inc. (HMO) Following Statutory Filing Change
OLDWICK, N.J.-(Business Wire)-September 25, 2009 - A.M. Best Co. has withdrawn the financial strength rating (FSR) of B++ (Good) and issuer credit ratings (ICR) of “bbb” of Humana Benefit Plan of Illinois, Inc. (HMO), a former line of business statutory filing of Humana Benefit Plan of Illinois...
187 - FAF Advisors, Inc., Announces Level Distribution Policy for Closed-End Funds
MINNEAPOLIS-(Business Wire)-September 25, 2009 - FAF Advisors, Inc., investment advisor to the American Strategic Income Portfolio Inc. (NYSE: ASP), American Strategic Income Portfolio Inc. – II (NYSE: BSP), American Strategic Income Portfolio Inc. – III (NYSE: CSP), and American Select...
188 - Highlands Acquisition Corp. Announces Liquidation and Dissolution
MONTVALE, N.J.-(Business Wire)-September 25, 2009 - Highlands Acquisition Corp. (NYSE Amex: HIA.U, HIA, and HIA.WS), (the "Company") announced today that the Company’s existence will terminate on October 3, 2009 and that the Company’s board of directors has approved a plan of liquidation. As...
189 - Fitch Downgrades 5 Classes of Commodore CDO III, Ltd.
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has downgraded five classes of notes issued by Commodore CDO III, Ltd. (Commodore III). These rating actions are the result of severe credit deterioration among 2004 and 2005 vintage residential mortgage-backed securitizations (RMBS...
190 - Fitch Affirms Dickinson County Healthcare System, Michigan Hosp Revs at 'BBB-'
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has affirmed its 'BBB-' rating on about $27.6 million Dickinson County Healthcare System (DCHS), County of Dickinson, State of Michigan, hospital revenue and refunding bonds, series 1999. The Rating Outlook is revised to Negative from...
191 - Putnam Announces Dividend Rates for One Open-End Fund
BOSTON-(Business Wire)-September 25, 2009 - The Trustees of The Putnam Funds declared the following distributions today. RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE Putnam Retirement Ready Maturity Fund-Class A Shares – (PRMAX) 9/28/09 9/30/09 $ .015 per share investment...
192 - Putnam Announces Dividend Rates for One Open-End Fund
BOSTON-(Business Wire)-September 25, 2009 - The Trustees of The Putnam Funds declared the following distributions today. RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE Putnam Retirement Ready Maturity Fund-Class A Shares – (PRMAX) 9/28/09 9/30/09 $ .015 per share investment...
193 - Fitch Maintains Rating Watch Evolving on Terra's Ratings
CHICAGO-(Business Wire)-September 25, 2009 - Fitch Ratings maintains the Rating Watch Evolving on the Issuer Default Ratings (IDRs) and outstanding debt ratings of Terra Industries, Inc. (Terra) and its subsidiaries. The ratings continue on Watch Evolving pending a resolution to attempts by CF...
194 - The Center for Financial Services Innovation Joins Clinton Global Initiative
CHICAGO-(Business Wire)-September 25, 2009 - The Clinton Global Initiative (CGI) announced its support this morning for The Center for Financial Services Innovation (CFSI) and CFSI’s commitment to launch a venture capital fund, which will invest in highly scalable financial companies with the...
195 - MoneyGram International Considering Legal Options in Patent Infringement Verdict
MINNEAPOLIS-(Business Wire)-September 25, 2009 - MoneyGram International (NYSE:MGI), a global leader in the payment services industry, announced today that the U.S. District Court for the Western District of Texas, Austin Division, yesterday returned a verdict in a suit brought by Western Union...
196 - Fitch Rates New York City's $1.83B GOs 'AA-'; Outlook Stable
NEW YORK-(Business Wire)-September 25, 2009 - Fitch Ratings has assigned an 'AA-' rating to New York City's (the city) $1.83 billion general obligation (GO) bonds, fiscal 2010, consisting of the following: —$130 million series A taxable bonds, subseries A-1; —$800 million series A...
197 - Fitch Affirms Alexian Brothers Health System (IL) Revs at 'A-'
SAN FRANCISCO-(Business Wire)-September 25, 2009 - Fitch Ratings has affirmed the 'A-' rating on Alexian Brothers Health System's (ABHS) outstanding revenue bonds. The Rating Outlook is Stable. The affirmation reflects a significant turnaround in financial performance over the last year and a...
198 - UnionBanCal Corporation Announces $2 Billion Capital Increase
SAN FRANCISCO-(Business Wire)-September 25, 2009 - UnionBanCal Corporation (UnionBanCal) (the Company) announced today that it will receive a $2 billion capital contribution from its parent company, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), by September 30, 2009. “The $2 billion capital...
199 - Veteran Banker, Civic Leader Peter Barker Named California Chairman for JPMorgan Chase
NEW YORK-(Business Wire)-September 25, 2009 - JPMorgan Chase & Co. today announced that experienced banker and business leader Peter Barker will become its California Chairman September 28. Barker, who was raised in Arcadia, California, and attended Claremont McKenna College, worked as an...
200 - C.A.R. Reports August Home Sales Increased 9 Percent; Median Home Price Declined 16.9 Percent
LOS ANGELES-(Business Wire)-September 25, 2009 - Home sales increased 9 percent in August in California compared with the same period a year ago, while the median price of an existing home declined 16.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. “First-time buyers...
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