Ameritrans Capital Corporation Announces June 30, 2009 Financial Results

Tue, 29 Sep 2009 21:27:00 0500

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

Sorrento Pacific Financial, LLC (SPF), a...

UBS Investment Bank Hires Michael Ostow as Managing Director and Head of North American Insurance Banking

Tue, 29 Sep 2009 20:13:00 0500

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...

Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) Declares Dividend

Tue, 29 Sep 2009 20:09:00 0500

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...

Dreyfus Municipal Income, Inc. (NYX:DMF) Declares Dividend

Tue, 29 Sep 2009 20:08:00 0500

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...

Dreyfus Strategic Municipals, Inc. (NYSE: LEO) Declares Dividend

Tue, 29 Sep 2009 20:07:00 0500

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...

Kodak Completes KKR Transaction

Tue, 29 Sep 2009 20:05:00 0500

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...

Fitch Rates Assured Guaranty Insured Issues 'AA'; Watch Negative

Tue, 29 Sep 2009 19:56:00 0500

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...

Stifel Financial Announces Underwriters’ Exercise of Over-Allotment Option

Tue, 29 Sep 2009 19:46:00 0500

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...

Fitch Rates Credit Suisse First Boston Mortgage Securities Corp., CSMC Series 2009-13R

Tue, 29 Sep 2009 19:46:00 0500

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...

Fitch to Confirm Indiana Fin Auth Liquidity Backed Bonds at 'F1+'; Affirms Lease Bonds at 'AA'

Tue, 29 Sep 2009 19:23:00 0500

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...

Fitch Rates Weyerhaeuser's $500MM New Issue 'BB+'; Outlook Negative

Tue, 29 Sep 2009 19:20:00 0500

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...

Fitch Affirms El Rancho USD's (CA) $18.5MM in ULT GOs at 'A-'; Revises Outlook to Negative

Tue, 29 Sep 2009 19:16:00 0500

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...

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

Tue, 29 Sep 2009 19:11:00 0500

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 The State Bank went live on May 21...

Affiliated Computer Services, Inc. Proposed Acquisition Investigated by Wolf Haldenstein

Tue, 29 Sep 2009 17:28:00 0500

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...

Marsh Launches Global Risk Management Information System for Commercial Real Estate Firms

Tue, 29 Sep 2009 17:19:00 0500

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...

DealerTrack Schedules Release of Third Quarter 2009 Results and Conference Call

Tue, 29 Sep 2009 17:16:00 0500

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...

U.S. Bank Introduces Downloadable Mobile Banking Application

Tue, 29 Sep 2009 17:00:00 0500

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...

Financo Awarded M&A Advisor’s 2009 “Debt Financing Deal of the Year”

Tue, 29 Sep 2009 16:52:00 0500

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...

Encompass Group Announces Results for the Fiscal Year Ended June 30, 2009

Tue, 29 Sep 2009 16:29:00 0500

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...

Union Bank Expands Its FDIC-Insured Market-Linked CD Offerings to Commodity Prices

Tue, 29 Sep 2009 16:26:00 0500

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 Index^SM1. The product...

First Chester County Corporation Announces Third Quarter Dividend

Tue, 29 Sep 2009 16:15:00 0500

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...

Clough Global Opportunities Fund Increases Quarterly Cash Distribution to $0.25 Per Share

Tue, 29 Sep 2009 16:14:00 0500

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...

Clough Global Allocation Fund Increases Quarterly Cash Distribution to $0.28 Per Share

Tue, 29 Sep 2009 16:13:00 0500

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 Global Equity Fund Increases Quarterly Cash Distribution to $0.26 Per Share

Tue, 29 Sep 2009 16:12:00 0500

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...

OLB Group, Inc. Initiates Fourth Quarter Marketing Campaign to Include Aggressive Nationwide Radio Campaign to Increase Revenue

Tue, 29 Sep 2009 16:02:00 0500

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

Continuity Engine Announces Control 1.5

Tue, 29 Sep 2009 16:00:00 0500

NEW YORK-(Business Wire)-September 29, 2009 - Continuity Engine, the creator of an on-demand platform...

Gaylord Entertainment Company Closes Private Placement of $360 Million in Convertible Senior Notes, Including Exercise of Over-Allotment Option

Tue, 29 Sep 2009 16:00:00 0500

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...

Deutsche Bank Recognized by Reactions Magazine as Best Insurance Asset Manager for the Second Consecutive Year

Tue, 29 Sep 2009 15:49:00 0500

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...

Sharp Equity Opens Trustee Sales to More Investors Through Bid Service Program

Tue, 29 Sep 2009 15:45:00 0500

PHOENIX-(Business Wire)-September 29, 2009 - On Monday September 21^st, 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...

A.M. Best Named Best Global Rating Agency at the Reactions Global Awards 2009

Tue, 29 Sep 2009 15:40:00 0500

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...

TRACE Bond Reporting to Now Cover Government Agency Debt

Tue, 29 Sep 2009 15:38:00 0500

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...

UMB Healthcare Services’ Dennis Triplett to Speak at National Treasury and Finance Conference

Tue, 29 Sep 2009 15:29:00 0500

KANSAS CITY, Mo.-(Business Wire)-September 29, 2009 - Dennis Triplett, CEO of UMB Healthcare Services, a division of UMB Financial Corporation

Millennium Bankshares Announces the Completion of Branch Sale

Tue, 29 Sep 2009 15:19:00 0500

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...

HSBC Trade Confidence Index Reveals Positive Outlook on Global Economy among Small and Mid-Market Businesses Worldwide

Tue, 29 Sep 2009 15:06:00 0500

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...

Research and Markets: Personal Finance Management Tools: Consumer Behavior Fuels Battle for Supremacy Between Banks and PFM Sites

Tue, 29 Sep 2009 15:00:00 0500

DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets (

Natixis Global Associates Survey Reveals Investors Have Limited Information, Harbor Misconceptions about Roth IRA Conversions

Tue, 29 Sep 2009 14:23:00 0500

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...

Scottrade Opens Office in Delafield, Wis.

Tue, 29 Sep 2009 14:15:00 0500

DELAFIELD, Wis.-(Business Wire)-September 29, 2009 - Scottrade a...

Fitch Rates Windstream's Proposed $400MM Debt Offering 'BB+'; Outlook Stable

Tue, 29 Sep 2009 14:08:00 0500

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.

Scottrade Adds to Branch Network in Delaware

Tue, 29 Sep 2009 14:04:00 0500

NEWARK, Del.-(Business Wire)-September 29, 2009 - Scottrade, a leading...

Javelin Survey: As Mobile Banking Heads for Explosive Growth, Consumers Rank Simplicity, Security Supreme

Tue, 29 Sep 2009 14:00:00 0500

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...

Russell Survey: Managers Press Pause

Tue, 29 Sep 2009 14:00:00 0500

TACOMA, Wash.-(Business Wire)-September 29, 2009 - The results of the latest Allonhill, a Denver-based national mortgage due diligence and credit...

FundingUniverse Hosts Free Pitching Event for Entrepreneurs

Tue, 29 Sep 2009 13:58:00 0500

DENVER-(Business Wire)-September 29, 2009 - FundingUniverse (www.fundinguniverse.com

SolarCity and U.S. Bank Expand Fund to Finance Solar Projects

Tue, 29 Sep 2009 13:29:00 0500

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...

Goldman Sachs Conference Call to Announce Third Quarter 2009 Results

Tue, 29 Sep 2009 13:27:00 0500

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 15^th in a release that will be issued at approximately 7:30 am (ET). The press release will also be available on the...

MyLegacySM Life Insurance Offers Bank Customers Enhanced Wealth Transfer Benefits and Immediate Coverage

Tue, 29 Sep 2009 13:20:00 0500

NEWARK, N.J.-(Business Wire)-September 29, 2009 - A new single-premium universal life insurance policy, MyLegacy^SM, issued by Pruco Life Insurance Company (Pruco Life), a Prudential Financial, Inc. (NYSE:PRU) company, is an immediate issue policy that helps provide an...

Accounting Author Barry Jay Epstein Advises Rapid Deployment by CPA Firms of New GAAP Codification

Tue, 29 Sep 2009 13:15:00 0500

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...

J.P. Morgan Worldwide Securities Services Launches Portfolio Construction Tool

Tue, 29 Sep 2009 13:14:00 0500

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...

BNP Paribas Goes Live with SS&C’s TradeThru™ in Mumbai

Tue, 29 Sep 2009 13:05:00 0500

WINDSOR, Conn.-(Business Wire)-September 29, 2009 - SS&C Technologies, Inc. (www.ssctech.com), a global...

Harvard Economist Kenneth Rogoff to Address World Economic Outlook Conference

Tue, 29 Sep 2009 13:00:00 0500

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...

San Mateo Credit Union Partners with IMM to Create Paperless Environment

Tue, 29 Sep 2009 13:00:00 0500

LINDEN, N.J.-(Business Wire)-September 29, 2009 - Integrated Media Management (IMM)®, a...

Fiserv-Sponsored Survey Shows How Financial Institutions Can Help Consumers Manage Their Finances in Difficult Times

Tue, 29 Sep 2009 13:00:00 0500

BROOKFIELD, Wis.-(Business Wire)-September 29, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global...

Houlihan Lokey Launches Transaction Advisory Services Group

Tue, 29 Sep 2009 13:00:00 0500

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...

KKR Announces Appointment of Jonathan R. Levin as Treasurer and Head of Investor Relations

Tue, 29 Sep 2009 13:00:00 0500

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...

ACE Limited to Hold Its Third Quarter Earnings Conference Call on Wednesday, October 28, 2009

Tue, 29 Sep 2009 12:30:00 0500

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...

ITG’s Triton® Wins Financial News IT Award

Tue, 29 Sep 2009 12:15:00 0500

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 7^th annual Financial News ‘Awards for Excellence in IT’ at a ceremony held in London last week...

Alaska Option Joins Acculynk Internet PIN Debit Pilot

Tue, 29 Sep 2009 12:11:00 0500

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 PaySecure^TM, the...

GlobalOptions Group Welcomes James Carville and Brian Billick to 4th Annual Executive Forum

Tue, 29 Sep 2009 12:00:00 0500

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...

Progress Software and CQG Launch Automated Execution Application for CQG Futures Trading

Tue, 29 Sep 2009 12:00:00 0500

BEDFORD, Mass.-(Business Wire)-September 29, 2009 - Progress Software Corporation (NASDAQ: PRGS...

Billeo Launches First Service to Present Shopping Discounts and Rewards within Search Results of Google, Yahoo! and Bing

Tue, 29 Sep 2009 12:00:00 0500

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...

Wells Fargo Eliminates Remittance Transfer Fees to Philippines for Families and Friends Affected by Typhoon Ketsana

Tue, 29 Sep 2009 12:00:00 0500

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...

Gannett Co., Inc. Announces Offering of Senior Notes

Tue, 29 Sep 2009 11:55:00 0500

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...

Research and Markets: This Essential Banking Industry Scouting Report is Now Available

Tue, 29 Sep 2009 11:42:00 0500

DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets (

Capco Appoints Diane Schueneman to Its Board of Directors

Tue, 29 Sep 2009 04:05:00 0500

NEW YORK-(Business Wire)-September 29, 2009 - Capco, a leading global provider of

Putnam Announces Dividend Rates for Open-End Funds

Mon, 28 Sep 2009 19:28:00 0500

BOSTON-(Business Wire)-September 28, 2009 - The Trustees of The Putnam Funds declare the following distributions today.

Fitch Upgrades EPM's Foreign Currency IDR to 'BBB-'; Outlook Stable

Mon, 28 Sep 2009 19:11:00 0500

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...

Fitch Upgrades Unified Govt of Wyandotte Cnty/Kansas City (KS) Sales Tax Revs to 'BBB'

Mon, 28 Sep 2009 19:09:00 0500

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:

Fitch Rates RBSCF 2009-RR1 Pass-Through Certs, Series 2009-RR1

Mon, 28 Sep 2009 19:06:00 0500

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;

Wells Fargo Third Quarter Earnings Information

Mon, 28 Sep 2009 19:04:00 0500

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 Cardlytics, a provider of targeted, card-based,

Fitch Affirms Residential Servicer Ratings for MetLife Home Loans

Mon, 28 Sep 2009 18:22:00 0500

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...

Fitch Affirms Avery Ranch Road District No. 1 (TX) Unlimited Tax Bonds at 'A'; Outlook Stable

Mon, 28 Sep 2009 18:19:00 0500

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...

PartnerRe Ltd. to Present at Bank of America Merrill Lynch Banking & Insurance Conference 2009 in London

Mon, 28 Sep 2009 17:10:00 0500

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...

Fitch: U.S. CCRC Outlook Remains Negative, 2009 Median Ratios Call Tomorrow at 11AM EDT

Mon, 28 Sep 2009 17:10:00 0500

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...

Standard Life Investments Adds to Global Fixed Income Capability

Mon, 28 Sep 2009 17:07:00 0500

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...

Fitch Affirms 4 and Downgrades 2 Classes of Sargas CLO II Ltd./LLC; Assigns LS Ratings and Outlooks

Mon, 28 Sep 2009 16:40:00 0500

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...

Fitch Withdraws Rating on Various City of Chicago, Illinois General Obligation Bonds

Mon, 28 Sep 2009 16:38:00 0500

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...

Murdoch Security Group Engages Newbridge Securities

Mon, 28 Sep 2009 16:25:00 0500

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...

Online Resources Announces Date for Third Quarter 2009 Earnings Results

Mon, 28 Sep 2009 16:00:00 0500

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...

SecondMarket To Provide Dow Jones With Bankruptcy-Related Data

Mon, 28 Sep 2009 15:34:00 0500

NEW YORK-(Business Wire)-September 28, 2009 - SecondMarket, the largest marketplace for illiquid assets...

United States Short Oil Fund is Now Available for Trading under Symbol DNO

Mon, 28 Sep 2009 15:20:00 0500

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...

Fitch: Constellation's Uncertain Outlook Reflected in Rising Liquidity

Mon, 28 Sep 2009 15:03:00 0500

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...

Aspiring Movie Writer Wins $5,000 for College in Sallie Mae’s Saving for College Video Contest

Mon, 28 Sep 2009 15:00:00 0500

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...

The Hartford Encourages Consumers To Change Their Perspective On Life

Mon, 28 Sep 2009 14:58:00 0500

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...

Wolters Kluwer Financial Services and LoanSifter Provide Lenders Seamless, Electronic Access to Compliance Disclosures

Mon, 28 Sep 2009 14:42:00 0500

MINNEAPOLIS & APPLETON, Wis.-(Business Wire)-September 28, 2009 - Wolters Kluwer...

A.M. Best Special Report: Surplus Lines Results Dip From Competition, Cat Losses and Economy

Mon, 28 Sep 2009 14:38:00 0500

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...

Sun Life Reports Continued High Demand for Sun Executive Life Insurance Solution Specifically Designed for Small Businesses

Mon, 28 Sep 2009 14:30:00 0500

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...

The Pepsi Bottling Group to Webcast Third Quarter 2009 Earnings Conference Call

Mon, 28 Sep 2009 14:13:00 0500

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...

BV Financial, Inc. Announces Retirement of Chief Financial Officer

Mon, 28 Sep 2009 14:10:00 0500

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...

Navy Army Federal Credit Union Selects Fiserv as Technology Provider

Mon, 28 Sep 2009 14:00:00 0500

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...

Ebix’s AnnuityNet Exchange Reports Record Adoption by Industry

Mon, 28 Sep 2009 13:50:00 0500

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...

Fitch Affirms Sebring, Florida's Water & Sewer Revs at 'A'

Mon, 28 Sep 2009 13:35:00 0500

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...

A.M. Best Assigns Debt Rating to Unum Group’s New Senior Notes

Mon, 28 Sep 2009 13:34:00 0500

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...

First Merchants Bank Charter Consolidation Complete

Mon, 28 Sep 2009 13:33:00 0500

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...

Bank of Idaho Achieves Enhanced Small Business Lending Compliance and Credit Risk Management with Cypress Software’s BizMark Solution

Mon, 28 Sep 2009 13:30:00 0500

NORTH RICHLAND HILLS, Texas-(Business Wire)-September 28, 2009 - As many financial institutions are looking for methods to enhance

Credit.com Launches “Credit Report Card”, Giving Consumers a New Level of Transparency into Their Credit Scores

Mon, 28 Sep 2009 13:15:00 0500

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...

MRG Co-Hosts Demonstration Suite at MBA’s 96th Annual Convention

Mon, 28 Sep 2009 13:12:00 0500

DALLAS-(Business Wire)-September 28, 2009 - MRG Document Technologies (MRG) (

Phoenix Maintains Policy Dividend Scales for 2010

Mon, 28 Sep 2009 13:09:00 0500

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...

STG Wins $35 Million Global Payroll Contract from Department of State

Mon, 28 Sep 2009 13:07:00 0500

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...

Internet Payment Exchange Teams with ARM Solutions to Offer Soft Collections

Mon, 28 Sep 2009 13:00:00 0500

TOLEDO, Ohio-(Business Wire)-September 28, 2009 - Internet Payment Exchange (IPayX) (

Rick’s Cabaret International, Inc. Agrees to Acquire Additional Nightclub in Dallas-Ft. Worth Market

Mon, 28 Sep 2009 13:00:00 0500

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.

Mereor Selects Imagine Software for Risk and Portfolio Management

Mon, 28 Sep 2009 13:00:00 0500

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...

Bank Consultant Group Gregory A. Noonan & Associates Inc. Adds Expert to Assist Banks with Critical 2010 Changes

Mon, 28 Sep 2009 12:45:00 0500

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.

Full House Resorts Retains Regal Capital Advisors to Assist with Acquisition Strategy

Mon, 28 Sep 2009 12:30:00 0500

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...

Policy Administration Solutions from OneShield and Guidewire Are First Subjects of “Vendor Solution Reviews” by Novarica

Mon, 28 Sep 2009 12:15:00 0500

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...

Allegiance, Inc. and Zions Bancorporation to Present Customer Engagement Case Study at Motivation Conference in Chicago

Mon, 28 Sep 2009 12:15:00 0500

Allegiance, Inc:

WHO:

BATS Exchange Unveils BATS 1000 Index

Mon, 28 Sep 2009 11:00:00 0500

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 1000^SM Index, a US-listed securities benchmark based on the performance of a total of 1000 US-listed securities in 10...

Xerox Hosts Live Audio Webcast to Discuss Acquisition of Affiliated Computer Services

Mon, 28 Sep 2009 10:32:00 0500

NORWALK, Conn.-(Business Wire)-September 28, 2009 - Xerox Corporation (NYSE: XRX) and Xerox Corporation (NYSE: XRX) and

Benjamin F. Edwards & Co. Opens in New York

Mon, 28 Sep 2009 09:17:00 0500

ST. LOUIS-(Business Wire)-September 28, 2009 - Not even the “Great Recession” and unprecedented upheaval in the financial services industry can prevent www.ebbf.org) the European Bahá’í Business...

Elavon Acquires Diners Club Merchant Portfolio from Citibank

Mon, 28 Sep 2009 06:00:00 0500

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...

Fitch Rates Unum Group's Senior Notes 'BBB-'

Fri, 25 Sep 2009 22:19:00 0500

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...

Fitch Rates Minnesota's $60MM 911 Revenue Bonds 'AA-'; Outlook Stable

Fri, 25 Sep 2009 21:49:00 0500

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...

Fitch Downgrades San Rafael Joint Powers Auth, CA's $7MM Revs Ser 2003 to 'AA-'; Outlook Stable

Fri, 25 Sep 2009 21:34:00 0500

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...

Insured Municipal Income Fund Inc. Announces Recent Developments

Fri, 25 Sep 2009 21:20:00 0500

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...

Fitch Downgrades 5 Classes of Notes Issued by Dunhill ABS CDO, Ltd.

Fri, 25 Sep 2009 21:16:00 0500

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...

Fitch Downgrades GECMC 2006-C1; Assigns LS Ratings

Fri, 25 Sep 2009 21:14:00 0500

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...

Winthrop Resources Corporation Acquires Fidelity National Capital, Inc.

Fri, 25 Sep 2009 21:09:00 0500

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...

Fitch Downgrades 4 Classes of Notes Issued by C-BASS CBO XII, LTD

Fri, 25 Sep 2009 21:07:00 0500

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...

Fitch Downgrades 4 Classes of Notes Issued by C-BASS CBO XI, LTD

Fri, 25 Sep 2009 20:59:00 0500

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...

Fitch Downgrades 8 Classes of Notes Issued by STACK Ltd, Series 2005-1

Fri, 25 Sep 2009 20:57:00 0500

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...

SECU’s Bridge Account Eases Members into Investing by Providing No-Risk Earnings

Fri, 25 Sep 2009 20:57:00 0500

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...

Fitch Affirms City National's IDR at 'A-'; Outlook Negative

Fri, 25 Sep 2009 20:54:00 0500

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...

Clark Nuber One of the Nation’s Best Managed Accounting Firms

Fri, 25 Sep 2009 20:53:00 0500

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...

Fitch Affirms Sara Lee's IDRs at 'BBB/F2' on Announcement; Outlook Revised to Stable

Fri, 25 Sep 2009 20:51:00 0500

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...

Fitch Affirms City of Ocala, Florida's Revs; Outlook Stable

Fri, 25 Sep 2009 20:39:00 0500

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...

Max Capital Group Ltd. to Hold Third Quarter, 2009 Earnings Call

Fri, 25 Sep 2009 20:30:00 0500

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.

Fitch: Telefonica de Argentina's Ratings Unaffected by Debt Tender Offer Announcement

Fri, 25 Sep 2009 20:30:00 0500

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...

Fitch Affirms Charter Township of Chesterfield, Michigan's Limited Tax GOs 'A+'; Outlook Stable

Fri, 25 Sep 2009 20:20:00 0500

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...

Fitch Rates $35MM New Jersey Turnpike Revenue Bonds 'A'; Outlook Stable

Fri, 25 Sep 2009 20:19:00 0500

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...

Fitch Downgrades 5 Classes of Fort Point CDO I, Ltd.

Fri, 25 Sep 2009 20:12:00 0500

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...

A.M. Best Withdraws Ratings of Humana Benefit Plan of Illinois, Inc. (HMO) Following Statutory Filing Change

Fri, 25 Sep 2009 20:10:00 0500

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...

FAF Advisors, Inc., Announces Level Distribution Policy for Closed-End Funds

Fri, 25 Sep 2009 20:07:00 0500

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...

Highlands Acquisition Corp. Announces Liquidation and Dissolution

Fri, 25 Sep 2009 20:05:00 0500

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...

Fitch Downgrades 5 Classes of Commodore CDO III, Ltd.

Fri, 25 Sep 2009 19:57:00 0500

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...

Fitch Affirms Dickinson County Healthcare System, Michigan Hosp Revs at 'BBB-'

Fri, 25 Sep 2009 19:49:00 0500

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...

Putnam Announces Dividend Rates for One Open-End Fund

Fri, 25 Sep 2009 19:13:00 0500

BOSTON-(Business Wire)-September 25, 2009 - The Trustees of The Putnam Funds declared the following distributions today.

Putnam Announces Dividend Rates for One Open-End Fund

Fri, 25 Sep 2009 19:13:00 0500

BOSTON-(Business Wire)-September 25, 2009 - The Trustees of The Putnam Funds declared the following distributions today.

Fitch Maintains Rating Watch Evolving on Terra's Ratings

Fri, 25 Sep 2009 19:08:00 0500

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...

The Center for Financial Services Innovation Joins Clinton Global Initiative

Fri, 25 Sep 2009 18:49:00 0500

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...

MoneyGram International Considering Legal Options in Patent Infringement Verdict

Fri, 25 Sep 2009 18:27:00 0500

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...

Fitch Rates New York City's $1.83B GOs 'AA-'; Outlook Stable

Fri, 25 Sep 2009 18:20:00 0500

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;

Fitch Affirms Alexian Brothers Health System (IL) Revs at 'A-'

Fri, 25 Sep 2009 18:12:00 0500

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...

UnionBanCal Corporation Announces $2 Billion Capital Increase

Fri, 25 Sep 2009 18:05:00 0500

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...

Veteran Banker, Civic Leader Peter Barker Named California Chairman for JPMorgan Chase

Fri, 25 Sep 2009 17:00:00 0500

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...

C.A.R. Reports August Home Sales Increased 9 Percent; Median Home Price Declined 16.9 Percent

Fri, 25 Sep 2009 17:00:00 0500

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...

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Fitch Affirms 5 Classes from Antares Funding, LP/Corp.

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Nonprofit Computer Service Organization Brings Low-Cost, High Quality Repair and Computers to Alameda

Liam E. McGee Named Chairman and CEO of The Hartford

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Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) Declares Dividend

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Fitch Rates Assured Guaranty Insured Issues 'AA'; Watch Negative

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Fitch to Confirm Indiana Fin Auth Liquidity Backed Bonds at 'F1+'; Affirms Lease Bonds at 'AA'

Fitch Rates Weyerhaeuser's $500MM New Issue 'BB+'; Outlook Negative

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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

Affiliated Computer Services, Inc. Proposed Acquisition Investigated by Wolf Haldenstein

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DealerTrack Schedules Release of Third Quarter 2009 Results and Conference Call

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Financo Awarded M&A Advisor’s 2009 “Debt Financing Deal of the Year”

Encompass Group Announces Results for the Fiscal Year Ended June 30, 2009

Union Bank Expands Its FDIC-Insured Market-Linked CD Offerings to Commodity Prices

First Chester County Corporation Announces Third Quarter Dividend

Clough Global Opportunities Fund Increases Quarterly Cash Distribution to $0.25 Per Share

Clough Global Allocation Fund Increases Quarterly Cash Distribution to $0.28 Per Share

Clough Global Equity Fund Increases Quarterly Cash Distribution to $0.26 Per Share

OLB Group, Inc. Initiates Fourth Quarter Marketing Campaign to Include Aggressive Nationwide Radio Campaign to Increase Revenue

Continuity Engine Announces Control 1.5

Gaylord Entertainment Company Closes Private Placement of $360 Million in Convertible Senior Notes, Including Exercise of Over-Allotment Option

Deutsche Bank Recognized by Reactions Magazine as Best Insurance Asset Manager for the Second Consecutive Year

Sharp Equity Opens Trustee Sales to More Investors Through Bid Service Program

A.M. Best Named Best Global Rating Agency at the Reactions Global Awards 2009

TRACE Bond Reporting to Now Cover Government Agency Debt

UMB Healthcare Services’ Dennis Triplett to Speak at National Treasury and Finance Conference

Millennium Bankshares Announces the Completion of Branch Sale

HSBC Trade Confidence Index Reveals Positive Outlook on Global Economy among Small and Mid-Market Businesses Worldwide

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Natixis Global Associates Survey Reveals Investors Have Limited Information, Harbor Misconceptions about Roth IRA Conversions

Scottrade Opens Office in Delafield, Wis.

Fitch Rates Windstream's Proposed $400MM Debt Offering 'BB+'; Outlook Stable

Scottrade Adds to Branch Network in Delaware

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SolarCity and U.S. Bank Expand Fund to Finance Solar Projects

Goldman Sachs Conference Call to Announce Third Quarter 2009 Results

MyLegacySM Life Insurance Offers Bank Customers Enhanced Wealth Transfer Benefits and Immediate Coverage

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ACE Limited to Hold Its Third Quarter Earnings Conference Call on Wednesday, October 28, 2009

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Capco Appoints Diane Schueneman to Its Board of Directors

Putnam Announces Dividend Rates for Open-End Funds

Fitch Upgrades EPM's Foreign Currency IDR to 'BBB-'; Outlook Stable

Fitch Upgrades Unified Govt of Wyandotte Cnty/Kansas City (KS) Sales Tax Revs to 'BBB'

Fitch Rates RBSCF 2009-RR1 Pass-Through Certs, Series 2009-RR1

Wells Fargo Third Quarter Earnings Information

Fitch Affirms Residential Servicer Ratings for MetLife Home Loans

Fitch Affirms Avery Ranch Road District No. 1 (TX) Unlimited Tax Bonds at 'A'; Outlook Stable

PartnerRe Ltd. to Present at Bank of America Merrill Lynch Banking & Insurance Conference 2009 in London

Fitch: U.S. CCRC Outlook Remains Negative, 2009 Median Ratios Call Tomorrow at 11AM EDT

Standard Life Investments Adds to Global Fixed Income Capability

Fitch Affirms 4 and Downgrades 2 Classes of Sargas CLO II Ltd./LLC; Assigns LS Ratings and Outlooks