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ACE Appoints Bruce Kessler President of ACE Westchester
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PHILADELPHIA--(BUSINESS WIRE)--The ACE Group today announced the appointment of Bruce Kessler as President of ACE Westchester, the companys Atlanta-based wholesale broker-distributed business specializing excess and property & casualty lines North America. In role, Mr. Kessler oversee all operations for ACE Westchesters wide array of specialty property, casualty ..
Fitch: Asset Mgt Transfer to Fortress Affiliate Will Not Impact Various ALESC
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has reviewed ATP Management LLC (ATP), an affiliate of certain investment funds managed by affiliates of Fortress Investment Group LLC (Fortress), assuming collateralized debt obligation (CDO) asset manager responsibilities for the following bank and insurance trust preferred security CDOs, and determined the manager's capabilities to be consistent ..
Results of Exchange Offer for Certain Securities Insured by Financial Guarant
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NEW YORK--(BUSINESS WIRE)--Sharps SP I LLC (the "Offeror") today announced the results of offer to exchange residential mortgage-backed securities and asset-backed securities insured by Financial Guaranty Insurance Company ("FGIC") (collectively, the Eligible Insured Securities) and the status of certain discussions holders of Eligible Insured Securities as of July 28, 2010. As of ..
Announcement Concerning Expression of Opinion Favor of Tender Offer by Pan
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TOKYO--(BUSINESS WIRE)--Panasonic Electric Works Co., Ltd.: To whom may concern: Panasonic Electric Works Co., Ltd. (the Company) hereby announces that the Company has resolved, at a meeting of board of directors (the Board) held today, to express opinion favor of the tender offer for the common stock of the Company (the Common Stock) by Panasonic Corporation (the Tender ..
Announcement of Financial Results: Panasonic Reports First-Quarter Results
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OSAKA, Japan--(BUSINESS WIRE)--Panasonic Corporation (Panasonic)(NYSE:PC) today reported consolidated financial results for the first quarter, ended June 30, 2010, of the current fiscal year ending March 31, 2011 (fiscal 2011). First-quarter Results Consolidated group sales for the first quarter increased 35% to 2,161.1 billion yen, from 1,595.5 billion yen the first quarter of fiscal ..
Cenovus increases second quarter oil sands production by 42%
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CALGARY, Alberta--(BUSINESS WIRE)--Cenovus Energy Inc. (TSX, NYSE: CVE): Production from the Foster Creek and Christina Lake oil sands projects increased 42% the second quarter of 2010 compared the same period 2009. Cenovuss established conventional oil and gas properties generated about $400 million of operating cash flow excess of capital expenditures the second quarter ..
News brief
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Here are a selection of brief news items from weeks paper edition, and possibly a few news briefs that didnt make the paper
Federal Home Loan Bank of Seattle Announces Second Quarter 2010 Preliminary O
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SEATTLE----Today, the Federal Home Loan Bank of Seattle announced second quarter 2010 preliminary operating highlights, reporting net income of $8.2 million and $14.3 million for the three and six months ended June 30, 2010, compared to net losses of $34.3 million and $50.5 million for the same periods 2009
American Physicians Capital, Inc. Reports Second Quarter 2010 Results
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EAST LANSING, Mich.----American Physicians Capital, Inc. today announced net income of $9.4 million or $.98 per diluted common share for the second quarter of 2010. This compares to net income of $11.0 million, or $.97 per diluted common share for the second quarter of 2009
ACE Appoints Bruce Kessler President of ACE Westchester
bi13280566
PHILADELPHIA--(BUSINESS WIRE)--The ACE Group today announced the appointment of Bruce Kessler as President of ACE Westchester, the companys Atlanta-based wholesale broker-distributed business specializing excess and property & casualty lines North America. In role, Mr. Kessler oversee all operations for ACE Westchesters wide array of specialty property, casualty ..
Fitch: Asset Mgt Transfer to Fortress Affiliate Will Not Impact Various ALESC
bi13280566
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has reviewed ATP Management LLC (ATP), an affiliate of certain investment funds managed by affiliates of Fortress Investment Group LLC (Fortress), assuming collateralized debt obligation (CDO) asset manager responsibilities for the following bank and insurance trust preferred security CDOs, and determined the manager's capabilities to be consistent ..
Results of Exchange Offer for Certain Securities Insured by Financial Guarant
bi13280566
NEW YORK--(BUSINESS WIRE)--Sharps SP I LLC (the "Offeror") today announced the results of offer to exchange residential mortgage-backed securities and asset-backed securities insured by Financial Guaranty Insurance Company ("FGIC") (collectively, the Eligible Insured Securities) and the status of certain discussions holders of Eligible Insured Securities as of July 28, 2010. As of ..
Announcement Concerning Expression of Opinion Favor of Tender Offer by Pan
bi13280566
TOKYO--(BUSINESS WIRE)--Panasonic Electric Works Co., Ltd.: To whom may concern: Panasonic Electric Works Co., Ltd. (the Company) hereby announces that the Company has resolved, at a meeting of board of directors (the Board) held today, to express opinion favor of the tender offer for the common stock of the Company (the Common Stock) by Panasonic Corporation (the Tender ..
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