American Home Mortgage Plunges 87 PctAn investor who reads annual reports: The builders are the biggest lendersFor those who really do not have the time to read building company annual reports, here is a bullet list of tidbits that all will find interesting, particularly in light of today's mortgage environment:1. Joint...
METAIRIE, La. -- Albert J. Zahn, Jr., Chairman of the Board of Directors of GS Financial Corp. (Nasdaq: GSLA), holding company for Guaranty Savings Bank, announced that the Board of Directors, at its meeting on July 15, 2008, declared a quarterly cash dividend of $.10 per share. The dividend is...
Titan Energy Worldwide, Inc. (OTCBB: TEWI),a leader in the manufacturing, marketing and servicing of energy generationproducts and services, announced today preliminary financial results forthe 2nd Quarter of 2008. The Company expects second quarter revenues to be $2.7 million compared tofirst quarter revenues of $1.2 million, an increase of 125%. ...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Hamilton Sundstrand, a supplier of technologically advanced aerospace and industrial products and a subsidiary of United Technologies Corp (NYSE: UTX), announced on Tuesday (15 July) that the company has entered into a spare parts agreement with Volvo Aero Services Corp, a provider...
LAS VEGAS -- Vestin Realty Mortgage II (Nasdaq: VRTB) announced today that it received payment in full on a loan which became delinquent the last week of June 2008 in the principal amount of approximately $22.3 million plus accrued interest. About Vestin Realty Mortgage II, Inc. ...
LAS VEGAS -- Vestin Realty Mortgage I (Nasdaq:VRTA) announced today that it received payment in full on a loan which became delinquent the last week of June 2008 in the principal amount of approximately $7.7 million plus accrued interest. About Vestin Realty Mortgage I, Inc. Vestin...
The vultures are circling Dawnay, Day International, the financial services group, as it faces selling off assets at a fraction of their value after calling in administrators. Several of its subsidiaries moved to distance themselves yesterday from the parent company's funding woes. One broking rival said: "Companies...
LYNCHBURG, Va. -- The Babcock & Wilcox Company (B&W) operations have purchased the Intech group of companies, in a transaction completed July 10, 2008. The acquisition further expands the company's capabilities to serve the U.S. commercial nuclear service market, strengthen its position in the Canadian CANDU service market, and enhance...
OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of Zurich Financial Services ZFS Switzerland and its rated operating subsidiaries remain unchanged following ZFS' announcement of its intention to acquire a 50% share of BanSabadell Vida SA de Seguros y Reaseguros BanSabadell Vida Spain, BanSabadell Pensiones E.G.F.P., S.A....
Mercantile Bancorp, Inc. (AMEX: MBR) todayannounced it has filed all necessary regulatory applications to combine oneof its Missouri-chartered institutions, Perry State Bank, with certainoperations of HNB Financial Services, Inc., a wholly owned subsidiary ofMercantile Bancorp. Subject to regulatory approval, the consolidation isscheduled to be effective September 5, 2008. A...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ab1543/wells_fargo_comp) has announced the addition of the "Wells Fargo & Company - IT Sales Opportunities - 2008" report to their offering. Wells Fargo & Company is a financial and bank holding company. It is a diversified financial services company and provides retail,...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/cf94ba/allianz_se_it_sa) has announced the addition of the "Allianz SE - IT Sales Opportunities - 2008" report to their offering. Allianz SE, formerly known as Allianz AG, together with its subsidiaries, operates as an integrated financial services provider. The Company offers insurance, banking...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Hamilton Sundstrand, a supplier of technologically advanced aerospace and industrial products and a subsidiary of United Technologies Corp (NYSE: UTX), announced on Monday (14 July) that the company has signed a long-term spare parts and repair agreement with ACT-Aero Technical Support and...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Hamilton Sundstrand, a supplier of technologically advanced aerospace and industrial products and a subsidiary of United Technologies Corp (NYSE: UTX), announced on Monday (14 July) that the company has signed an exclusive seven-year repair services agreement with SR Technics, an independent provider...
LONDON, July 15 /PRNewswire-FirstCall/ -- ICE Clear EuropeTM, a wholly-owned subsidiary of IntercontinentalExchange , today announced that it has reached agreement with LCH.Clearnet LCH and Members on the transition date for the movement of all ICE Futures EuropeTM and ICE over-the-counter OTC trading positions from LCH to ICE Clear...
PLANO, Texas, July 15 /PRNewswire-FirstCall/ -- The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable September 10, 2008, to shareholders of record as of the close of business August 15, 2008. Payment of the dividend is contingent on...
Steel Manufacturer Builds Oracle-Powered Service-Oriented Architecture to Automate Processes With Distributed Network of Business Partners REDWOOD SHORES, Calif., July 14 /PRNewswire-FirstCall/ -- -- Eaton Steel, a leading distributor and processor of engineered steel bars, is relying on the OracleR E-Business Suite, Oracle Database and Oracle SOA Suite,...
OLDWICK, N.J. -- A.M. Best Co. has downgraded the issuer credit ratings ICR to "bb-" from "bb" of Kingsway Financial Services Inc. KFSI (Mississauga, Ontario) and Kingsway America Inc. KAI (Elk Grove Village, IL). Concurrently, A.M. Best has downgraded the financial strength ratings FSR to B+ Good from...
NEW YORK -- Fitch Ratings has downgraded and removed from Rating Watch Negative Financial Freedom Senior Funding Corporation's Financial Freedom residential primary specialty-reverse mortgage servicer rating as follows: --Primary specialty-reverse servicer rating to 'RPS5' from 'RPS3'. As a result of the servicer rating being downgraded to...
NEWPORT BEACH, Calif., July 14 /PRNewswire-FirstCall/ -- Downey Financial Corp. reported today that the regulatory capital position of its bank, Downey Savings and Loan Association, F.A., was enhanced by $62 million prior to the end of second quarter 2008. The holding company contributed $50 million of equity...
Articles 2008-07-14
<< Previous
page 1 of 1
Next >>
Premier Vendor Content
Whitepapers, webcasts & resources from our Power Center Sponsors
