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Category:
Press
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Finances
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Singapore’s Minister Mentor Lee Kuan Yew Appointed Special Advisor to Citigroup (Popularity:  )
Citigroup Inc. today announced that Singapore’s Minister Mentor Lee Kuan Yew has agreed to be its Special Advisor. In this role, Minister Mentor Lee will advise Citigroup on its strategic directions and global business. Minister Mentor Lee will provide counsel to Citigroup’s senior management and its Board on international developments that impact on economies and businesses globally.
Commenting on this appointment, Citigroup’s Chairman and CEO Charles Prince said, “Minister Mentor ...
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Sontra Medical Corporation Closes $660,000 Financing (Popularity: )
Sontra Medical Corporation (OTC: SONT.PK) announced today that it closed a $660,000 common stock and warrant financing with Sherbrooke Parters, other accredited investors and members of Sontra's board of directors and management. The financing was originally expected to be for $600,000; however, as a result of increased investor interest, it was increased by $60,000 to $660,000. The Company issued 6,600,000 shares of common stock for $0.10 per share and two- ...
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Southridge Technology Group, Inc. Common Shares to Commence Trading as SOUT.OB & Announces Closing of $19.6 Million Financing (Popularity: )
Southridge Technology Group, Inc. (OTC Bulletin Board: SOUT) and RxElite Holdings, Inc., its wholly owned operating subsidiary and developer, manufacturer, and marketer of specialty generic prescription drug products, announced today that its shares will commence trading Monday, July 23, 2007 under the symbol SOUT.OB on the over-the-counter bulletin board. The Company also announced that it closed on approximately $19.6 million of equity financing through the sale of common stock and ...
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State of Minnesota, Northstar and BNSF Sign Key Agreement (Popularity: )
Officials from the state of Minnesota, the Northstar Corridor Development Authority (NCDA) and BNSF Railway Company (BNSF) signed a key agreement today that defines Northstar's rights to operate along the 40-mile stretch of BNSF train tracks between Big Lake and downtown Minneapolis.
"This agreement is another significant milestone toward delivering Minnesota's first commuter rail system, one that is in high demand among Northstar Corridor residents," said NCDA Chair Dan Erhart. ...
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Sterling Financial Corporation of Spokane, Washington to Present at America's Community Bankers Community Bank Investor Conference (Popularity: )
Sterling Financial Corporation (Nasdaq: STSA), a leading community bank in the western region, announced today that Harold B. Gilkey, chairman and chief executive officer, Daniel G. Byrne, executive vice president and chief financial officer, and Heidi B. Stanley, vice chair and chief operating officer of Sterling Savings Bank, have been invited to present at the America's Community Bankers Community Bank Investor Conference in New York City, NY.
Sterling is scheduled ...
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TD Securities provides information on incorrectly priced financial instruments (Popularity: )
TD Securities has regrettably identified incorrectly priced financial instruments in its London, UK office. The Company's examination has determined that the expected one-time impact will be approximately $96 million pre-tax. This situation is associated with the activities of an individual who is no longer with the company.
"We are very disappointed that this has occurred," said Ed Clark, President and CEO, TD Bank Financial Group. "Our company has a strong ...
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Tecnisa Net Income Grows 118% and Reaches R$20.6 Million (Popularity: )
Tecnisa S.A. (BOVESPA: TCSA3), one of the largest developers of residential projects in Brazil, operating in development, construction and sales, today announces its results for the second quarter of 2007 (2Q07). Information contained herein is presented in Reais pursuant to Brazilian Corporate Law. The comments refer to the consolidated results and comparisons are with the second quarter of 2006 (2Q06) pro forma and the first quarter of 2007 (1Q07), except ...
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The First American Corporation to Present at Keefe, Bruyette & Woods 2008 Insurance Conference (Popularity: )
The First American Corporation (NYSE: FAF), America's largest provider of business information, announced that it will host a presentation to discuss First American's Financial Services and Information Solutions businesses at the Keefe, Bruyette & Woods 2008 Insurance Conference on Thursday, Sept. 4, 2008, at 10:20 a.m. EDT at the Waldorf-Astoria Hotel located at 301 Park Avenue in New York City.
A live audio webcast of the presentation and the accompanying ...
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TK Aluminum Ltd. Announces an Update on Liquidity Situation and Status of Potential Asset Sales Transactions, Including Discussions With Creditors (Popularity: )
TK Aluminum Ltd., the indirect parent of Teksid Aluminum Luxembourg S.a r.l., S.C.A., today announced an update on its liquidity situation, as well as the status of potential asset sales transactions, including related discussions with relevant creditor constituents.
The Company's previously announced efforts to secure a bridge loan are continuing, as it is in discussions with existing lenders to provide such financing, subject to certain conditions. In addition to the ...
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Top Financial Institution, Deutsche Bank, Connects Globally Through AT&T (Popularity: )
AT&T Inc. (NYSE: T) announced today that Deutsche Bank Brazil, a subsidiary of Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) one of the largest and more powerful banking and finance institutions in the world, has signed a service contract with AT&T. Under the terms of the contract, AT&T will provide international end-to-end private lines to link Deutsche Bank sites in Argentina, Brazil, Chile and Mexico with Deutsche Bank operations in more than ...
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