U.S. CMBS offerings to test market appetite
Reuters - Price guidance offered by underwriters on Monday put the top-rated portion of the “Morgan Stanley Capital I Trust 2008-TOP29″ issue at 200 basis points above swaps, according to an investor. Single “A” rated parts might yield 725 basis points above
AIG discloses hole in derivatives valuation
Reuters - AIG’s mark-to-market unrealized loss on its credit default swap (CDS) portfolio is expected to result in a charge of roughly $4.88 billion based on October and November pricing, according to Morgan Stanley analyst Nigel Dally in an investor note. That
Richard A Mandell
Forbes - Mr. Mandell served as the Chairman of our Board of Directors from October 2004 until May 2007 and has served as a director of Encore since June 2001. He is currently a private investor and financial consultant. Mr. Mandell was a Vice President
Diamond Management & Technology Consultants Commences Dutch Auction
Forbes - Margaret Boyce Investor Relations +1.312.255.5784 margaret.boyce@diamondconsultants.com David Moon Media Relations +1.312.255.4560 david.moon@diamondconsultants.com SOURCE Diamond Management & Technology
Asian Stocks Gain in U.S. Trading as JA Solar Shares Advance
Bloomberg - Their prices reflected “elevated levels of uncertainties with respect to fundamentals and extremely low investor expectations.” JA Solar surged $1.94 to $17.79. Yingli Green Energy Holding Co., a Chinese maker of solar-power modules
Stocks Finish Modestly Higher
BusinessWeek - Major U.S. stock indexes shut higher Monday, led by gains in issues tied to oil, semiconductors, household products, retailing, and casinos. Trading was thin and choppy, with economic uncertainty keeping the buying activity in check. Indexes
Standard Register Announces Fourth Quarter and Year-End Earnings
MSN MoneyCentral - More information is available at www.standardregister.com Contact Information: Standard Register News media contact: Lesley Sprigg, 937-221-1825 lesley.sprigg@standardregister.com or Investor contact: Robert J. Cestelli, 937-221-1304 robert
What’s Microsoft’s next move in fight for Yahoo?
ZDNet - Rowe Price, a major institutional investor in Yahoo. “Microsoft offered a huge premium and no other bidders have emerged, so my guess is that Microsoft will keep the bid where it is,” Allen stated. “Microsoft probably has superior leverage taking their
Credit Crunch Could Cool Hot Baltics
BusinessWeek - In the worst case, a sharp decline in investor confidence could spark a precipitous currency devaluation that would drop the Baltics into recession. This is a possibility, but most observers agree a hard landing will be parried. Growth will slow
Introgen Therapeutics, Inc. to Present at BIO CEO & Investor
Forbes - Introgen Therapeutics, Inc. is a biopharmaceutical company focused on the development, manufacturing and commercialization of targeted tumor suppressors, a new class of therapies for the treatment of cancer. Introgen’s technology delivers targeted
Pacific Capital Bancorp Names Stephen Masterson Chief Financial
MSN MoneyCentral - to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. Contact Information: Pacific Capital Bancorp Debbie Whiteley, Executive Vice President Director, Investor
Investors Slam AIG Over Swaps
BusinessWeek - American International Group ( AIG ) said in a regulatory filing on Feb. 11 that its outside auditors have found deficiencies in the way the company values some financial derivatives it has written based on collateralized debt obligations (CDOs). The
Rand Logistics to Present at the BB&T 2008 Transportation Conference
MSN MoneyCentral - S. ports - and the Canada Marine Act - which requires Canadian commissioned ships to operate between Canadian ports. Contact Information: Rand Logistics, Inc. Laurence S. Levy, Chairman & CEO Edward Levy, President 212-644-3450 or Investor
Moody’s Signs Technical Services Agreement with Colombian Credit
Forbes - Moody’s Investors Service announced this day that it has executed an affiliation agreement with BRC Investor Services, a leading Colombian credit rating bureau, which shall become effective after certain conditions are met. Headquartered in Bogota
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