Latest Press Release on finance

Fitch Assigns CMBS Primary Servicer Rating to Columbia National Real Estate Finance, LLC
NEW YORK - Fitch Ratings assigns Columbia National Real Estate Finance, LLC (Columbia National) a CMBS primary servicer rating of 'CPS2-'. Columbia National's primary servicer rating is based on the company's extensive experience as a commercial real estate loan servicer for


Ecopetrol S.A. Received a Communication from the Colombian Ministry of Finance
BOGOTA, Nov. 18 -- On November 18, 2009, Ecopetrol S.A (NYSE: EC; BVC: ECOPETROL) ("Ecopetrol" or the "Company") received a communication from the Colombian Ministry of Finance (Ministerio de Hacienda y Credito Publico) regardi...


Sidley Partner to Join the Financial Crisis Inquiry Commission Senior Staff
LOS ANGELES - Sidley Austin LLP announced today that Gary J. Cohen, a partner in its Los Angeles Corporate and Finance group, will take a leave of absence from the firm to accept an appointment as Special Business Counsel to the Financial Crisis Inquiry Commission created pursuant to the Fra


Universal Orlando Announces Closing of Its Previously Announced Tender Offer for Its 11 3/4% Senior Notes Due 2010
ORLANDO, Fla. - Universal City Development Partners, Ltd. (d/b/a “Universal Orlando”) announced today that UCDP Finance, Inc. and it (collectively, the “Issuers”), have completed the cash tender offer for their outstanding 11 3/4% senior notes due 2010 (the “Not


Universal City Florida Holding Co. I and Universal City Florida Holding Co. II Announce Closing of Their Previously Announced Tender Offer for Their 8 3/8% Senior Notes Due 2010 and Floating Rate Senior Notes Due 2010
ORLANDO, Fla. - Universal City Florida Holding Co. I and Universal City Florida Holding Co. II (collectively, “Holdings”) announced today that UCFH I Finance, Inc., UCFH II Finance, Inc. and they (together, the “Issuers”) have completed the cash tender offer for their


Fitch Assigns 411 Loss Severity Ratings to U.S. CMBS Bonds
NEW YORK - Fitch Ratings assigns 411 Loss Severity (LS) Ratings to U.S. CMBS bonds in 22 fixed-rate, vintage 2006 to 2008 transactions. The assignments follow the recent reviews of these transactions and correspond to Fitch's 'Criteria for Structured Finance Loss Severity Ratings' dated


Medtronic Chairman and CEO Bill Hawkins Provides Statement on U.S. Senate’s Revised Medical Device Industry Fee Proposal
MINNEAPOLIS - Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier p


Medtronic Chairman and CEO Bill Hawkins Comments on U.S. Senate's Revised Medical Device Industry Fee Proposal
MINNEAPOLIS - Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier p


Statement by Medtronic Chairman and CEO Bill Hawkins Regarding U.S. Senate's Revised Medical Device Industry Fee Proposal
MINNEAPOLIS - Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier p


Equifax Offers Consumers a FREE Snapshot of Their Credit Score Range
ATLANTA, Nov. 19 -- Equifax, Inc. (NYSE: EFX), announced today an addition to its Personal Information Solutions suite of identity protection, credit monitoring and personal finance products, Equifax Credit Score Card((TM)). The Equifax Credit S...


Fitch Rates Wells Fargo Stage Trust, Series 2009-82C Floater & Residual Certificates
NEW YORK - Fitch Ratings assigns a rating of 'AA/F1+' to the floater certificates and a rating of 'AA' to the residual certificates of Wells Fargo Stage Trust series 2009-82C. The long-term 'AA' rating is based on the rating that Fitch has assigned to the Indiana Finance Authority, revenue a


Fitch Rates Wells Fargo Stage Trust, Series 2009-83C Floater & Residual Certificates
NEW YORK - Fitch Ratings assigns a rating of 'AA/F1+' to the floater certificates and a rating of 'AA' to the residual certificates of Wells Fargo Stage Trust series 2009-83C. The long-term 'AA' rating is based on the rating that Fitch has assigned to the Illinois Finance Authority revenue b


Lockheed Martin, McDonald’s, Volksbank, Wells Fargo, and RTI International Recognized for Best Practices
ARLINGTON, Va. - Ingenuity is more necessary than ever in this economic climate. To recognize and honor insightful, groundbreaking practices, the Corporate Executive Board (NASDAQ: EXBD) launched the Force of Ideas Awards in Procurement, Strategy, Internal Audit, and Corporate Finance


Global, Full Service Real Estate Platform Created Through Integration of Cornerstone, Babson Capital Real Estate Finance Group and Protego Real Estate
HARTFORD, Conn., Nov. 19 /PRNewswire/ -- Cornerstone Real Estate Advisers LLC and Babson Capital Management LLC announced today that they will integrate Babson Capital's Real Estate Finance Group (REFG) into Cornerstone effective in the first quarter of 2010. The newly ex...


More Than Half of Accountants Say Their Company is Unprepared for Economic Recovery, According to Ajilon Finance Solutions/IMA Survey
MELVILLE, N.Y., Nov. 19 /PRNewswire/ -- Ajilon Finance Solutions, a leading provider of senior level financial and operations expertise, today announced findings from its latest survey, which shows that accountants believe their companies could do more to prepare for an economic recover...


FiLife.com Launches Question and Answer Platform, Only Site to Offer Social Networking Centered on Personal Finance and Dow Jones Content
NEW YORK, Nov. 19 /PRNewswire/ -- FiLife.com (www.filife.com), one of the fastest growing personal finance sites and a joint venture of Dow Jones and IAC (Nasdaq: IACI), today introduced a question and answer platform and two-way API that allows u...


Cypress CFO to Address Investor Conferences in December
SAN JOSE, Calif. - Cypress Semiconductor Corp. (NASDAQ:CY) today announced that its Executive Vice President of Finance and CFO, Brad Buss, will be making presentations at two investor conferences in December to discuss Cypress’s financial and strategic outlook.


Citi Prime Finance Ranked Second in 2009 Institutional Investor Alpha Awards
NEW YORK - Citi today announced its Prime Finance division was ranked second overall by hedge fund firms with at least $1 billion in assets in the 2009 Prime Broker Survey conducted by Institutional Investor magazine, a move up from Citi's 2008 position of number three. Pr


Fitch Withdraws Ratings on Washington State Housing Finance Commission (Judson Park Proj) 2007 Bonds
NEW YORK - Fitch Ratings has withdrawn the ratings assigned to the Washington State Housing Finance Commission Variable Rate Demand Nonprofit Revenue and Refunding Revenue Bonds (Judson Park Project), series 2007. The restructuring and reoffering of the bonds on Oct. 1, 2009 was not rated


President Selected to Open Sanford-Brown Institute – Orlando
Sanford-Brown Institute (SBI) - Orlando, a career-oriented school offering allied health programs, has named Aida Shehu as its inaugural campus president. Shehu comes to Orlando from SBI - Jacksonville where she served as the director of student finance since 2006. Prior to that, Shehu held...


Fitch Rates Beaumont Hospital's (Michigan) $273MM 2009W Revs 'A-'; Outlook to Stable
CHICAGO - Fitch Ratings has assigned an 'A-' rating to William Beaumont Hospital's expected issuance of up to $273 million of series 2009W revenue and refunding bonds to be issued through the City of Royal Oak Hospital Finance Authority. In addition, Fitch downgrades t


Corporate Treasury Conference Opens Call for Proposals
Global liquidity management, treasury operations, risk management and payments among topics at biggest event in trade and finance BETHESDA, Md., Nov. 18 /PRNewswire/ -- The Association for Financial Professionals (AFP) invites corporate treasury and finance practitione...


Republic Services, Inc. Prices Bond Offering
PHOENIX, Nov. 18 -- Republic Services, Inc. (NYSE: RSG) announced today that it has priced a private offering of $600 million of 5.25% senior notes due November 15, 2021. We intend to use the net proceeds of the offering to finance our call of our 7.875% Senior No...


Bucks County, Pa., Now Live on Lawson Enterprise Solutions
ST. PAUL, Minn. - Bucks County, the fifth-largest county in Pennsylvania, has successfully concluded a multi-suite implementation of an enterprise software system from Lawson Software (Nasdaq: LWSN). The second and final phase of implementation included deployment of finance and procurement


Andy Phillips to spearhead Hitachi Capital Invoice Finance growth plans
18 November 2009 - Hitachi Capital Invoice Finance is delighted to announce it has strengthened its team with the appointment of Andy Phillips as Head of Sales, to lead the further expansion of the invoice factoring business. Andy Phillips has over 25 years corporate banking expe...





 
 

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