Fidelity Asian Values PLC At the Company's Annual General Meeting held on 7 December 2007 all resolutions were duly passed. The resolutions passed under Special Business were as follows: - An Ordinary Resolution granting the Directors authorit Fidelity Asian...
Fidelity Asian Values PLC At the Company's Annual General Meeting held on 23 November 2006 all resolutions were duly passed. The resolutions passed under Special Business were as follows: An Ordinary Resolution to approve the continuation of t Fidelity...
Section 16b of the Exchange Act applies to officers, directors and greater than 10% beneficial owners of equity securities of companies having equity securities registered under Section 12 of the 1934 Act. Rule 16b-3 is an exemption from Section 16b that has been in existence for many years. On the...
In a release dated January 22, 2003, the Securities and Exchange Commission issued final rules implementing Section 306a of the Sarbanes-Oxley Act of 2002 (the “Act”). Section 306a of the Act, entitled “Prohibition of Insider Trading During Pension Fund Blackout Periods,” expressly prohibits any director or executive officer of an...
The recently enacted Sarbanes-Oxley Act of 2002 amended the reporting obligations under Section 16a of the Securities Exchange Act of 1934 that are applicable to officers, directors and 10% beneficial owners of equity securities of U.S. companies with a class of equity securities registered under Section 12 of the Securities...
Fidelity Asian Values PLC At the Company's Annual General Meeting held on 14 November 2005 all resolutions were duly passed. The resolutions passed under Special Business were as follows: - An Ordinary Resolution granting the Directors authori Fidelity Asian...
The Federal Reserve Board has announced it will not apply Section 9 of the Federal Reserve Act to prohibit a state member bank from acquiring equity securities to hedge the bank's customer-driven equity derivative transactions if such purchases are made iThe Federal Reserve Board has announced it will not apply...
DENVER -- XeDAR Corporation (OTCBB: XDRC) (the "Company") provides homeland security consulting and IT services to the Departments of Homeland Security and Defense, as well as agencies of the nation's Intelligence Community and the U.S. Military. In addition to announcing second-quarter results recently, the Company indicated that in July the...
NEW YORK -- The Malaysia Fund, Inc. (NYSE: MAY) (the "Fund") today announced that, effective immediately, the members of the Emerging Markets Equity team primarily responsible for the day-to-day operation of the Fund are Munib Madni, an Executive Director of Morgan Stanley Investment Management Inc. ("MSIM"), Ruchir Sharma, a Managing...
NEW YORK -- The Thai Fund, Inc. (NYSE: TTF) (the "Fund") today announced that, effective immediately, the members of the Emerging Markets Equity team primarily responsible for the day-to-day operation of the Fund are Munib Madni, an Executive Director of Morgan Stanley Investment Management Inc. ("MSIM"), Ruchir Sharma, a Managing...
LAS VEGAS -- Progressive Gaming International Corporation (NASDAQ: PGIC) ("the Company"), announced today that it has closed the Senior Credit Facility and Convertible Note Offering transactions previously disclosed. On August 4, 2008, the Company entered into a Credit Agreement (as amended, the "Credit Agreement") with respect to a senior secured...
OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "a" to the roughly $1.03 billion 6.817% senior debt securities series A, due 2018 remarketed by MetLife, Inc. MetLife (New York, NY) [NYSE: MET]. The outlook for the rating is stable. The current financial strength, issuer credit and...
LAS VEGAS -- Progressive Gaming International Corporation, (NASDAQ: PGIC) (the "Company"), previously announced in a press release on August 4, 2008 that it entered into two financing transactions (the "Financing Transactions"), which include i a new senior secured credit facility with Private Equity Management Group Financial Corporation ("PEM"), for up...
NEW YORK -- Fitch Ratings affirms ING Clarion Capital Loan Services, LLC's ING Clarion commercial mortgage special servicer rating at 'CSS2+'. The rating is based on ING Clarion's highly experienced asset management team with strong workout backgrounds and their demonstrated ability to specially service nonperforming assets securing commercial mortgage-backed security...
GA Capital Corp. ("GA") (TSX VENTURE: GAC.P) is pleased to announce details concerning a private placement of securities of Kimpar Resources Inc. ("Kimpar") as previously announced in GA's news release dated July 24, 2008. As previously announced in such press release, GA intends to complete a business combination (the "Business...
CHICAGO -- Fitch Ratings affirms XL Capital Ltd XL and its property/casualty reinsurance subsidiaries, including the Issuer Default Rating IDR for XL at 'A', and the Insurer Financial Strength IFS rating of lead reinsurance companies XL Insurance Bermuda Ltd and XL Re Ltd. at 'A+'. (See the full list below.)...
HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- NGP Capital Resources Company (the "Company") today announced its financial results for the second quarter ended June 30, 2008. Highlights for the quarter ended June 30, 2008: Stockholders' equity: $304.4 million Net asset value per share: $14.08...
Financing Facility May Provide Up To $50 Million of Capital LEXINGTON, Mass. -- EPIX Pharmaceuticals, Inc. (NASDAQ:EPIX), a biopharmaceutical company focused on discovering and developing novel therapeutics through the use of its proprietary and highly efficient in silico drug discovery platform, announced today that it has entered into...
HAMILTON, Bermuda, Aug. 5 /PRNewswire-FirstCall/ -- XL Capital Ltd ("XL" or the "Company") announced today that it closed the previously announced transactions among XL, Security Capital Assurance Ltd ("SCA") and certain counterparties to credit default swaps with SCA as well as its offerings of ordinary shares and equity...
SAN DIEGO -- ACADIA Pharmaceuticals Inc. (Nasdaq:ACAD), a biopharmaceutical company utilizing innovative technology to fuel drug discovery and clinical development of novel treatments for central nervous system disorders, today announced that it has entered into a Committed Equity Financing Facility CEFF with Kingsbridge Capital Limited in which Kingsbridge has committed...