When it comes to GM, Southeastern Asset Management Inc. of Memphis bought high and sold low. The firm hopes GM bonds will represent a better value. by Jim Henry
Mercantile Bancorp, Inc. (AMEX: MBR) (NYSEAlternext U.S.: MBR) announced today that its board of directors declared aquarterly cash dividend of 6 cents per share -- consistent with the pastseveral quarters. The dividend is payable December 15, 2008 toshareholders of record at the close of business on December 1. Ted...
NEW YORK -- Fitch Ratings affirms SunTrust Mortgage, Inc.'s STM U.S. residential primary servicer rating for prime product at 'RPS2'. The rating is based on the company's experienced and tenured management team and adequate loan administration processes and procedures. The rating also reflects the financial strength of STM's parent, SunTrust...
TOKYO AFP — Corporate Japan has never liked having change thrust upon it, particularly by foreign hedge funds, but activist investors are slowly making themselves heard in Asia's largest economy. A high-profile campaign by a British investment fund to try to force Japanese energy giant J-Power to double...
M2 PRESSWIRE-2 April 2008-Dillard's, Inc: Dillard's Reaches Settlement Agreement with Barington and ClintonC1994-2008 M2 COMMUNICATIONS LTD RDATE:01042008 Little Rock, Ark. -- Dillard's, Inc. (NYSE: DDS) announced today that it has reached an agreement with Barington Capital Group, L.P....
LITTLE ROCK, Ark. -- Dillard's, Inc. (NYSE: DDS) announced today that it has reached an agreement with Barington Capital Group, L.P. and Clinton Group, Inc., in conjunction with Southeastern Asset Management, that will avoid a proxy contest at the Company's 2008 Annual Meeting of Stockholders scheduled for May 17, 2008....
Kodiak Energy, Inc. (TSX VENTURE: KDK) and (OTCBB: KDKN) ("Kodiak" or the "Corporation") is pleased to confirm drilling commenced on December 30, 2007 on its Lucy Property and good progress continues toward an expected drill To Depth date of approximately January 20/2008. Kodiak is the operator of the drilling project...
M2 PRESSWIRE-2 April 2007-Blue Chip News: BWR Begins Tracking SunTrust Banks Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:02042007 Coca-Cola, fast cars, and SunTrust Banks -- this Sun Belt financial holding company is southern to its core. Its eponymous flagship subsidiary SunTrust Bank operates...
MEMPHIS, Tenn. -- The MetLife Timberland Finance Group, a division of MetLife, Inc.'s Agricultural Investments unit, announced today that it has placed a long-term, first mortgage loan secured by approximately 2.6 million acres of timberland and timber across the Southeastern United States. The borrower is Red Mountain Timberlands, LLC, whose...
Transaction Provides Footprint into Southeast US Market NEW YORK -- National Investment Managers Inc. (OTC BB: NIVM), a nationally-operated and regionally-based retirement plan administration and investment management company, announced today that it has closed on the acquisition of three units of the LAMCO Group, Inc., based in Orlando,...
BRYN MAWR, Pa. -- Aqua America Inc. (NYSE: WTR) announced today that its non-regulated subsidiary, Aqua Wastewater Management, Inc. Aqua, has acquired the assets of Foster Septic Services of Kennett Square, PA, further expanding the company's wastewater services and septage hauling business in southeastern Pennsylvania. The transaction -- valued at...
Staff Wells Fargo Equipment Finance, Inc. has named Bob Welsh the new Southeastern Territory manager for its Construction Group. He will provide equipment financing solutions to construction markets throughout North Carolina, South Carolina and Georgia. New to Wells Fargo, Welsh ...
Byline: Companies, The Chronicle of Philanthropy 1. Fidelity Charitable Gift Fund $3.10 billion1 Fidelity Investments P.O. Box 55158 Boston, MA 02205 charitablegift.org ...
Byline: JEREMY MULLMAN A stripped-down, scandal-tainted Hollinger International Inc. is attracting large new investors, including some activist funds that helped force out former CEO Conrad Black and his top deputy, F. David Radler. Since April, at least five institutions have purchased...
Auburn Consolidated Industries, Inc. ACI, the Auburn, Neb.-based manufacturer of EverRide mowers, signed a letter of intent to acquire all assets of Great Dane from John Deere, according to ACI Sales Manager Ray Van Voorhis. VanVoorhis said the acquisition should be finalized sometime between Aug. 31 and EXPO...
Blossman Gas Inc. has acquired the assets of Virginia Propane Services Inc., of Bedford, Va., and its related company, Bedford Heating & Air Conditioning. Virginia Propane owner Aubrey Burnette will remain with Blossman Gas as manager of the new Bedford branch, which...
Denver-based Space Imaging Inc. recently provided Southern Company with $600,000 worth of high-resolution Ikonos satellite images (Figure 5) that the utility holding company plans to use as a tool for relicensing plants and complying with regulatory requirements. Southern Company expects that the images will allow it to reduce its internal...
CHELMSFORD, Mass. -- In support of an ongoing effort to expand its direct sales network, KronosR Incorporated (Nasdaq: KRON) today announced the acquisition of certain assets of NexTime, Inc. Kronos acquired the privately held authorized dealer in a cash purchase transaction. NexTime was a Kronos dealer in the southeastern U.S.,...
LexisNexis U.S. acquired Interface Software, Inc., a provider of client relationship management CRM products to legal and professional services firms in the U.S., the U.K., and Australia. Current officers, the management team, and employees of Interface Software will remain at the Oak Brook, Ill., location. LexisNexis...
Byline: SANDRA JONES Telephone & Data Systems Inc.'s largest outside shareholder is taking aim at the Carlson family's $9-billion telecom conglomerate. Among the possible outcomes: a sale of U.S. Cellular Corp., the crown jewel of the family's empire, which could fetch as much...
Articles 2005-01-17
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