CMBS Veteran Launches Advisory Firm
Frederick L. Fellows has established an investment management company focused on commercial real estate debt securities. Fellows, 43, founded Basalt Capital LLC (Basalt) in Chicago IL to build upon the success of its predecessor, Cargan Investment Management LLC which he formed in 1999. Basalt, an institutional advisory firm, currently manages commercial mortgage backed security (CMBS) investments for a related investment partnership. Basalt has launched a $500 million high yield CMBS oriented investment fund and expects to have their first closing within the next several months. - 2008-05-15
Kiplinger.com Highlights: June 2008
Kiplinger.com (www.Kiplinger.com), the leader in personal finance advice and business forecasting, announces its online editorial content for the month of June 2008. - 2008-05-15
Active Extension Strategies Gaining Interest From Plan Sponsors : New research from RiverSource Investments and PLANSPONSOR
Active extension strategies, which are relatively new to institutional investors, are already in use or are under consideration by more than half of public defined contribution plans and one-third of corporate plans, based on responses to a new research study. The research was sponsored by RiverSource Investments, LLC, a subsidiary of Ameriprise Financial, Inc., (NYSE: AMP) and conducted by PLANSPONSOR magazine. The data validates increasing interest in and knowledge about the strategies among both public and corporate plans. - 2008-05-15
Prosper Releases Market Survey Results for April 2008
Prosper, America’s largest people-to-people lending marketplace, today released results for April 2008. - 2008-05-13
Guild Mortgage Company Acquires Liberty Financial Group and Expands Reach to High Credit-Quality Borrowers
Guild Mortgage Company recently completed the acquisition of Liberty Financial Group, a Bellevue, WA residential mortgage bank. Liberty annually originates close to $1 billion of prime home loans through its network of branches located predominately in Washington and Colorado. - 2008-05-12
In Tough Economic Times Small Investments Can Deliver Big Career Gains : Drop the $600 Blue Pinstripe Suit and Add the $16 Quilted Leather Journal Suggests M by Staples™ Survey
In today’s economic climate, U.S. workers believe that small-ticket items, including stylish notebooks and file folders, are the secret to increased productivity, recognition and success - more so than dressing in flashy business attire. According to the M by Staples™ national survey, more than half (55 percent) of workers reported that having stylish office supplies gets them noticed in the workplace. In addition, 81 percent of respondents indicated an increase in productivity when they are more organized and carry business tools that allow them to showcase their personality and make a statement (53 percent). Further, more than one-third of respondents believe having stylish office supplies is likely to lead to promotions and opportunities for advancement. - 2008-05-12
Financial Engines Issues National 401(k) Evaluation: How Well Are Americans Handling Their 401(k)s? -- Study of Nearly One Million 401(k) Portfolios Shows Lower Paid, Older Employees Making the Most Costly Mistakes
Financial Engines, a leading provider of independent investment advice and managed accounts, today released The Financial Engines National 401(k) Evaluation, a new report that assesses nearly one million 401(k) participant portfolios (964,118) to determine how well Americans are handling their 401(k) plans. The report also estimates the costs associated with common investing mistakes. According to the National 401(k) Evaluation, 69 percent of participants in the study have 401(k) portfolios with inappropriate risk and/or diversification, 36 percent hold high concentrations of company stock, and 33 percent fail to contribute enough to receive the full company match. While groups of participants are taking full advantage of their 401(k) plans, participants with lower salaries, lower plan balances, and those closer to retirement tend to make the most costly mistakes. - 2008-05-12
Baird Hosts 29th Annual Growth Stock Conference : Senior Research Analyst Christopher Raymond Discusses Potential Growth Opportunities for Biotechnology Sector
Baird, an employee-owned, international capital markets, private equity, wealth and asset management firm, will host its 29th annual Growth Stock Conference at the Four Seasons in Chicago, May 13-15. This year’s conference will feature executives from more than 160 of the fastest-growing companies across the following sectors: Business Services, Communications, Consumer/Retail, Distribution, Education, Financial Institutions, Health Care/Life Sciences, Specialty Pharmaceuticals, Technology and Transportation/Logistics. Several hundred institutional and private equity investors will attend. - 2008-05-12
BusinessWeek.com Expands Its Web Offerings with First of Several New Online Video Courses : Nine video lessons on how to invest in the stock market now available at BusinessWeek.com
BusinessWeek.com, the market-leading business Web site, has unveiled its first online video course via BusinessWeek.com's investing channel. “Seven Commandments of Stock Investing” features investing star, Gene Marcial, and is the first in a series of online courses. The course includes nine video lessons on how to invest in the stock market based on lessons from Gene's experience as a leading financial journalist for more than 30 years. - 2008-05-12
Rothschild Investment Corporation Offers Employers Free 401k and Retirement Plan Analysis
The Pension Protection Act of 2006 brought with it significant changes to the way organizations are to run their 401k and retirement plans. To help employers ensure that their retirement plans reflect the sweeping new mandates, Rothschild Investment Corporation (www.rothschildinv.com) is pleased to announce a new program to offer complimentary 401k and retirement plan evaluations. - 2008-05-12
Consult2Comply To Help Global Organizations Respond To Increasing Compliance Concerns: Compliance Professionals Create New Service Organization to
Address Global Compliance Issues; Announce Key Services and Software
Products
Consult2Comply, world leaders in the compliance industry, today announced its official corporate launch to provide services aimed at helping businesses make sense of compliance issues. Consult2Comply also announced the availability of two key software products to support compliance-industry and risk-assessment professionals in achieving adherence to the many regulations, standards and best-practice requirements around the world today. - 2008-05-06
Rothschild Investment Corporation Hosts 401k Seminar with AllianceBernstein
The Pension Protection Act of 2006 is widely considered to be the most sweeping pension reform of the last 30 years. Rothschild Investment Corporation (www.rothschildinv.com) today announced the first of a series of seminars designed to help business owners better understand how these new regulations can help them develop improved retirement outcomes for their 401k and retirement plan participants. - 2008-05-05
Scouler & Company Named Chief Restructuring Officer of Dan River, Inc.: John Hedge to Serve as CRO
Scouler & Company, the Los Angeles-based financial turnaround and restructuring firm, was appointed Chief Restructuring Officer (CRO) by the Dan River, Inc. Board of Directors as part of the home textile distribution company's Chapter 11 bankruptcy proceedings. John Hedge, a principal of the firm, will serve as CRO. The CRO is responsible for developing and implementing a business plan to maximize the return to all stakeholders, consulting on any potential divestitures, providing oversight for operations, monitoring financial performance and interacting with Dan River lenders and other creditors throughout the recovery period. - 2008-05-05
N.I.R. Group, LLC Appoints Paul Schwartz Director of Client Services
The N.I.R. Group, LLC ("NIR Group"), one of the largest and most active Private Investment in Public Equity (PIPE) investment fund managers in the world, today announced that Paul Schwartz has joined the firm as director of client services. Mr. Schwartz will report directly to Corey Ribotsky, the firm's chairman and chief executive officer. - 2008-05-02
Seven Arts Closes First Three Tranches of Production and Distribution Financing and Receives over $10 Million (GBP 5,000,000) of Net Cash Proceeds: Significant Event - Seven Arts receives over $10,000,000 in three
Tranches from the Zeus Capital LLP Production and Distribution
Financing
Seven Arts Pictures plc (the Company) (PLUS:SAPP) (OTCBB:SAPXF) announced today that Zeus Partners LLP ("Zeus") has closed the first 3 tranches of production and distribution financing and Seven Arts has received over $10 million (approximately GBP 5,000,000) of net cash proceeds from the capital raised by Zeus for investment into the production and distribution costs of Seven Arts existing and future motion picture productions and acquisitions (the "Transaction"). The three tranches were closed since Wednesday, 19 March 2008. Seven Arts expects to close the balance of the investment before the 2008 fiscal year end on 30 June 2008. - 2008-05-01
Weathering the Storm: What High Net Worth Individuals Are Doing Right -- and Wrong -- When It Comes to Navigating the Downturn -- Michael Markiewicz, High Net Worth Specialist at Marks Paneth &
Shron, Available to Discuss Wise Moves, and Potential Missteps, for
Affluent Individuals During the Downturn
Affluent individuals generally understand the importance of protecting their assets and lifestyle during an economic downturn. But some of the wisest moves can run counter to their instincts. - 2008-04-30
Cipher Releases 2008 News Aggregator Benchmarking Report
Cipher, one of North America's largest competitive intelligence and knowledge management consultancies, has released today the Cipher 2008 News Aggregators Benchmarking Report and End-User Survey. The report offers the following: - 2008-04-25
Phillip Wasserman and Phillip Roy Financial Services Announce New Television Programs on Annuities and Life Insurance to Run in Ft.Myers and Naples, Florida
Phillip Wasserman, one of the top experts on annuities and life insurance, and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the expansion of his television program, Phillip Roy on Money, to additional stations in Ft. Myers and Naples, Florida. Phillip Roy on Money currently runs in: - 2008-04-25
Phillip Wasserman and Phillip Roy Financial Services Purchase Equity Index Annuity Clients and Firm of Alin Lozada in Ft. Lauderdale
Phillip Wasserman, one of the top experts on annuities and life insurance and president of Phillip Roy Financial Services, one of the nation's largest sellers of annuities and life insurance, has announced the purchase of the firm of retirement planning specialist Alin Lozada of Ft. Lauderdale, Florida. - 2008-04-25
Central Desktop Raises $7M in Venture Funding From OpenView Venture Partners: Over 125,000 Customers Marks Rapid Adoption of the Central Desktop
Collaboration Platform
Central Desktop, the Complete Business Collaboration platform for business teams, today announced a $7M investment from OpenView Venture Partners. The funding is the company's first round of institutional investment and will be used to further accelerate Central Desktop's R&D, marketing and sales efforts into the under-served SMB market that requires robust business tools with ease of use at affordable prices. The company now serves over 125,000 users and business teams as its approach to Business Collaboration continues rapid adoption in the SMB market. In related news, Central Desktop was named a finalist in both the 2008 Red Herring 100 and SoftwareCEO's Most Innovative General Business Software Awards. - 2008-04-16
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