Prof Annoucements Edition July 31, 2010

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Prof Annoucements July 31, 2010

Daily Events Editions
Market News Annoucements
Sources Archives

Pure Industrial Real Estate Trust Closes $14.8 Million Previously-Announced Previously-Announced-Sale-Leaseback Transact

Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (TSXV: AAR.UN) today announced the successful closing of a single tenant, income-producing industrial property that was previo -- Pure Industrial Real Estate Trust (PIRET),Darren Latoski,Vancouver   07/31/2010

Hooters Taps Colliers International for Global Real Estate Expansion

- Casual Dining Restaurant Franchise Eyes 20 Percent Annual Growth - -- Colliers International,Richard Mulieri,Atlanta   07/31/2010

Enercom, Inc. to Host The Oil & Gas Conference® 15 on August 22-26, 2010

EnerCom, Inc. (www.enercominc.com) will host The Oil & Gas Conference® 15 at the Westin Tabor Center on August 22-26, 2010 in Denver. In its 15th year, the conference is the oldest and largest energy -- EnerCom, Inc.,Kay Grover,Denver   07/31/2010

Survey Supports Financial Literacy for Youth

MMI survey studies how the next generation is banking, saving, spending, and fundraising -- Money Management International,Tanisha Warner,Houston   07/31/2010

Freddie Mac Will Not Issue a Reference Notes® Security on July 29, 2010

Freddie Mac (OTC Bulletin Board: FMCC) announced today that it will not issue a Reference Notes® security on July 29, 2010. The company's 2010 Reference Notes calendar designates dates that it may -- Freddie Mac,Michael Cosgrove,Mclean Va.  07/31/2010

Jackson Hewitt® Shares Top 5 Areas to Review as Part of Mid-Year Mid-Year-`5-Point Tax Mid-Year-`5-Point-Check-Up`

In celebration of the Company's first-ever "Big Tax Check-Up Day," Chief Tax Officer Mark Steber of Jackson Hewitt Tax Service® shares the top five items to consider now as part of a mid-y -- Jackson Hewitt Tax Service Inc.,Melissa Connerton,Parsippany N.j.  07/31/2010

Credit News From Premier by Louis S. Barnes July 30, 2010

The end of July usually marks the quietest time of the year for markets. Big-shot bankers are away from trading desks, loading up for August in the Hamptons -- in the old days to kick sand at 98-pound -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  07/30/2010

Alliancebernstein Income Fund Releases Monthly Portfolio Update

AllianceBernstein Income Fund, Inc. (NYSE:ACG) (the "Fund") today released its monthly portfolio update as of June 30, 2010. -- AllianceBernstein Income Fund, Inc.,Shareholder Contact,New York   07/29/2010

Hanover Community Bank: Providing Liquidity to the Community

Hanover Community Bank will be honoring its commitment to Long Island widower George Baumann and funding his $271,000 loan. -- Hanover Community Bank,Frank Carone,Garden City N.y.  07/29/2010

Bb&t Insurance Earns Three top Awards in Customer Satisfaction From Greenwich Associates

BB&T sweeps national and regional excellence awards among mid-market and large corporate insurance -- BB&T Insurance Services,Randy Screen,Raleigh N.c.  07/29/2010

Invest in Others Charitable Foundation Donates $30,000 to Pine Street Inn Through Second Annual 5K Run/walk in Boston

- Funds Awarded to Nonprofit Will Directly Benefit Homeless Veterans- -- Invest in Others Charitable Foundation, Inc.,Joseph Kuo,Boston   07/29/2010

Webster Provides Credit Enhancement for $20,185,000 Chefa Bond Financing to Hospital for Special Care

Webster Bank, N.A., a subsidiary of Webster Financial Corporation (NYSE:WBS) , announced today this it is providing $20,185,000 in financing for Hospital for Special Care to fund its new neurobehavior -- Webster Bank,Robert Guenther,Waterbury Conn.  07/29/2010

Ellie MAE Adds PHH Mortgage TO Encompass360ä Select Program

Encompass360 Select program provides automated loan pricing from PHH Mortgage, accessible from directly within the Encompass360 mortgage management software -- Ellie Mae Inc.,Rosalie Berg,Pleasanton California  07/29/2010

ICBA: Private Mortgage Insurance Critical to Housing Recovery Without Pmi, Housing Recovery Will Take Longer

Marti Rodamaker, president of First Citizens National Bank in Mason City, Iowa, testified today on behalf of the Independent Community Bankers of America (ICBA) before the House Financial Services Cap -- The Independent Community Bankers of America,Bill Grassano,Washington DC  07/29/2010

PMI Foundation Awards $50,000 Grant to Consumer Credit Counseling Service of San Francisco

The PMI Foundation, the philanthropic arm of the PMI Group, Inc. (NYSE:PMI) , today announced a $50,000 grant to the Consumer Credit Counseling Service (CCCS) of San Francisco. The grant will support -- The PMI Group, Inc.,Bill Horning,Walnut Creek Calif.  07/28/2010

Citizens Community Bank Announces Promotions of Blackwell, Evans, Ivey to Management Team

Citizens Community Bank (CCB) announces the promotions of Holly S. Blackwell to Assistant Vice President and South Hill Branch Manager, John S. "Sep" Evans Jr. to Vice President and Branch Adm -- Citizens Community Bank,Thomas C. Manson,South Hill Va.  07/28/2010

Bancorpsouth`s College Student Campaign Offers Opportunity to Win a Semester`s Free Tuition

BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. (NYSE:BXS) , is providing college and college-bound students an opportunity to win up to $5,000 towards tuition costs for this fall&# -- BancorpSouth, Inc.,Randy Burchfield,Tupelo Miss.  07/28/2010

New Mortgage Industry Association Has Been Formed To Promote Thought Leadership and Innovation

PROGRESS in Lending Association affirms that the status quo is not what’s going to get the -- Progress In Lending,Tony Garritano,WILTON ct  07/28/2010

Etec to Market Inhouse Connexions as Private Label Appraisal Process Management Technology

Advanced technology expands appraisal management company’s product and service offerings for lender clients -- Inhouse Inc,Chuck johnson,Orange Ca  07/28/2010

Mortgage Applications Decrease in Latest MBA Weekly Survey

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 23, 2010. The Market Composite Index, a measure of mortgage loan application vol -- CampusMBA,Melissa Key,Washington District of Columbia  07/28/2010

Mortgage Builder and Nylx Integrate Systems to Bring Advanced Pricing and Origination Capabilities to Mortgage Lenders

Alliance brings industry’s most reliable product eligibility and pricing technology to fingertips of Mortgage Builder users -- Mortgage Builder Software Inc,Keven Smith,Southfield Michigan  07/28/2010

Fannie Mae Announces Semiannual Multifamily Investment Volumes

Fannie Mae (OTC Bulletin Board: FNMA) today announced that the company, through its lender and housing partners, provided $5.9 billion in investment to the multifamily rental housing market for the fi -- HomePath,Heather Baker,Washington   07/28/2010

Icici Bank UK Wins the Your Money Awards for `best Online Savings Provider 2010`

ICICI Bank UK Plc has won the Your Money Direct Awards 2010 for 'Best Online Savings provider 2010' for its HiSave product range. -- ICICI Bank UK PLC,Lisa Donohue,London   07/28/2010

Siemens Wins Sale to Korea and Maintains U.S. Jobs Backed by Ex-Im Bank Financing

Siemens' Charlotte, N.C., Plant Expansion To Create 1,000 Jobs -- Export-Import Bank of the United States,Marianna Ohe,Washington   07/28/2010

Partnerfirst Teams up With the National Association of Real Estate Brokers (nareb) to Launch its Homeowner-Focused Minor

PartnerFirst, LLC announced today its partnership with the National Association of Real Estate Brokers (NAREB) in creating a certified, nationwide, and multicultural short sale agent network to help m -- PartnerFirst,Son Nguyen,Corona Calif.  07/27/2010

Iberiabank Launches Iberia Wealth Advisors

IBERIABANK (www.iberiabank.com), the 123-year-old subsidiary of IBERIABANK Corporation (NASDAQ:IBKC) , is pleased to announce the launch of IBERIA Wealth Advisors, a team focused on building the Compa -- IBERIABANK Corporation,Beth Ardoin,Lafayette La.  07/26/2010

Iberiabank Corporation Announces Fifth Fdic-Assisted Acquisition

IBERIABANK (www.iberiabank.com), the 123-year old subsidiary of IBERIABANK Corporation (NASDAQ:IBKC) , announced that it has entered into a purchase and assumption agreement with loss share arrangemen -- IBERIABANK,John R. Davis,Lafayette La.  07/26/2010

Pure Industrial Real Estate Trust Announces Sale Leaseback Agreement

Pure Industrial Real Estate Trust ("PIRET") (TSXV: AAR.UN) today announced an unconditional agreement to purchase a single tenant income producing industrial property (the "Property") -- Pure Industrial Real Estate Trust (PIRET),Darren Latoski,Vancouver   07/26/2010

Southside Bancshares, Inc. Announces Net Income for the Three and Six Months Ended June 30, 2010

NASDAQ Global Select Market Symbol - 'SBSI' -- ,System Admin,Tyler Texas  07/26/2010

Union First Market Bankshares to Present at Kbw`s 11th Annual Community Bank Investor Conference on July 27, 2010

Union First Market Bankshares Corporation (NASDAQ:UBSH) announced that G. William Beale, CEO and D. Anthony Peay, EVP & CFO of Union First Market Bankshares Corporation, will be presenting at the Keef -- Union Bankshares,D. Anthony Peay,Richmond Va.  07/24/2010

People`s United Financial Appoints John P. Barnes as President and CEO

Barnes to Lead Company's Strategy of Continued Growth and Increased Shareholder Value -- People`s United Financial, Inc.,Valerie C. Carlson,Bridgeport Conn.  07/24/2010

HSA Bank Announces Expansion of Investment Option

HSA Bank announced today the addition of six new investment options to the Mutual Fund Selection investment account. Through a strategic partnership with Devenir, the national leader in investment opt -- HSA Bank; Webster Financial Corporation,Patrick Rose,Waterbury Conn.  07/23/2010

Mark Zandi Joins Mgic Investment Board

MGIC Investment Corporation (NYSE:MTG) today announced that Dr. Mark Zandi has joined the company's Board of Directors. Dr. Zandi is chief economist of Moody's Analytics, where he directs econ -- Mortgage Guaranty Insurance Corporation,Michael J. Zimmerman,Milwaukee   07/23/2010

Lisc Financial Opportunity Centers Tapped by First-Ever Grants From Social Innovation Fund

The Local Initiatives Support Corporation (LISC) has been awarded $4.2 million under the Obama Administration's groundbreaking Social Innovation Fund (SIF) to extend the reach of LISC Financial Op -- Local Initiatives Support Corporation,Colleen Mulcahy,New York   07/23/2010

Slcg Principal, Joseph R. Prendergast, Receives Prestigious Peter L. Bernstein Award for `fundamental, Flight-To-Quality

Securities Litigation and Consulting Group, Inc. is proud to congratulate Dr. Joseph R. Prendergast, a principal in its Virginia office, who yesterday was awarded the prestigious Peter L. Bernstein aw -- Securities Litigation and Consulting Group, Inc.,Dr. Craig McCann,Washington   07/23/2010

Host Hotels & Resorts, Inc. Acquires Le Meridien Piccadilly in London for 64 Million Pounds Sterling

Host Hotels & Resorts, Inc. (NYSE:HST) today announced that it acquired the 266-room Le Meridien Piccadilly in London, England at a purchase price of 64 million pounds, including the assumption of a 3 -- Host Hotels & Resorts, Inc.,Investor Relations,Bethesda Md.  07/23/2010

Knight Capital Group Announces Departure of Gary Katcher

Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced that Gary Katcher, 53, Executive Vice President and Head of Global Institutional Fixed Income, has resigned from his position. The compa -- Knight Capital Group, Inc.,Margaret Wyrwas,Jersey City N.j.  07/23/2010

Credit News From Premier By Louis S. Barnes July 23, 2010

One line in Perfesser Bernanke's testimony dominated the week, but in an odd way: it was an anti-forecast. "Uncertainty about the outlook for growth and unemployment... greater than normal.... -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  07/23/2010

Statement by John Berlau, Director of Cei`s Center for Investors and Entrepreneurs, on the Dodd-Frank Financial Regulati

The 2,315 page Dodd-Frank financial regulation bill should not be called "financial reform." Instead, it should be called what it is: pages and pages of massively costly, counterproductive an -- Competitive Enterprise Institute,Richard Morrison,Washington Dc  07/22/2010

What Did the New Financial Regulation Law Miss?

Expert Describes Loopholes That May Reduce New Law’s Effectiveness -- Ems Incorporated,Rachel Friedman,Clearwater Fl  07/22/2010

Wolters Kluwer Law & Business Delivers Complete Text, Analysis of Dodd-Frank Act

Definitive Resource Offers Immediate Insight into New Financial Reform Law -- Wolters Kluwer Law & Business,Leslie Bonacum,Riverwoods Ill.  07/21/2010

One Reverse Mortgage to Move to Detroit

- Nation's fastest growing reverse mortgage company is moving to Compuware Building - -- One Reverse Mortgage LLC,Aaron Emerson,Detroit   07/21/2010

Kislak Mortgage to Open Storefronts Throughout Florida to Provide Easily Accessible Mortgage Loans

Company Seeks to Expand Operations across Florida, Looks to Hire Upward of 150 Loan Officers and Mortgage Servicers -- Kislak Mortgage,Danielle Devoren,Miami Lakes Fla.  07/21/2010

Pennsylvania Departments of Banking, Aging Announce New Policy on Reverse Mortgages to Help Protect Older Homeowners

Secretary of Banking Steve Kaplan and Secretary of Aging John Michael Hall today announced that a new policy for the reverse mortgage industry defines proper conduct of mortgage lenders and helps to p -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa.  07/21/2010

The Execution Solution: Five Trade Secrets of Companies That Consistently Get Things Done

What differentiates the results-getters from the can’t-get-it-done-ers? It’s not strategy or vision or quality or any of the other usual suspects. Rick Lepsinger, author of Closing the Execution Gap, -- Dehart & Company Public Relations,Dottie DeHart,Hickory Nc  07/21/2010

Ten Great Reasons To Choose Legal & General Home Insurance...

Save up to 43% off our standard home insurance rates: 20% discount for three or more years claim free home insurance Up to 16% discount when you insure buildings and contents together on the same -- Greenlight Search Engine Marketing,Guest,England   07/21/2010

Ticking Timebomb

Since the new government took power in the middle of May the centre of the media attention has rested firmly on George Osborn and his fellow Ministers at the Treasury as they continue to try to get a -- Guest,Guest,New York Ny  07/21/2010

MBA Names Kathy Marquardt Associate Vice President of Commercial Servicing and Council Coordinator

John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Kathy Marquardt as Associate Vice President of Commercial Servicing and Council Coordin -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  07/21/2010

Extending Unemployment Benefits Will Increase Unemployment, Hurt Economy

The Senate today approved an extension of federal unemployment benefits to a maximum of 99 weeks. This move is likely to create unintended negative consequences which will have effects throughout the -- Competitive Enterprise Institute,Richard Morrison,Washington Dc  07/21/2010

Invest in Others Charitable Foundation to Host 5K Run/walk Open to Public in Boston on July 28, 2010

- Funds Raised to Benefit Pine Street Inn, a Nonprofit Focused on Ending Homelessness in Boston - - Event Registration Open to Public - -- Invest in Others Charitable Foundation, Inc.,Joseph Kuo,Boston   07/20/2010

Syncora Completes Remediation Plan

Claims Payments to Recommence July 21, 2010 -- Syncora Holdings Ltd.; Syncora Guarantee Inc.,Michael Corbally,New York   07/20/2010

Sovereign Bank and Liberty Mutual Launch Insurance Alliance

Bank customers can enjoy the convenience of point-of-sale insurance products from Sovereign mortgage officers as well as through Liberty Mutual's other distribution channels -- Sovereign Bank,Ellen Molle,Boston   07/20/2010

BNY Mellon Appoints Patrick Tadie as Global Business Head for Derivatives360(sm) Offering

Will lead the coordination and development of derivatives services across the company -- BNY Mellon,Kevin Heine,New York   07/20/2010

Avison Young Acquires Hodges Management and Leasing Company

Purchase expands Avison Young's Atlanta, Georgia presence, increases North American management portfolio to 50 million square feet; seven new Principals added -- Avison Young (Canada) Inc.,Sherry Quan,Toronto   07/20/2010

Freddie Mac, New Vista, Redc to Auction 135 Homes on August 7 in Phoenix to Boost First-Time Homeownership

Auction to Support Federal Neighborhood Stabilization Program, Offer Eligible Buyers Downpayment, Closing Cost Assistance, 2-Year Home Warranty -- Freddie Mac,Brad German,Mclean Va.  07/19/2010

Suntrust Completes Strategic Review of Ridgeworth Capital Management

Federated Investors, Inc. to Acquire $17 Billion in Managed Liquidity Assets -- Suntrust Mortgage, Inc.,Michael McCoy,Atlanta   07/19/2010

Congress Approves Wall Street Reform Bill, First Step to Overhaul Policies of Greed That Brought on the Financial Crisis

Consumer Watchdog applauded final Congressional passage today of the Wall Street Reform and Consumer Protection Act, which now heads to President Obama for his signature. -- Consumer Watchdog,Carmen Balber,Washington   07/16/2010

Care Investment Trust Inc. Announces Self-Tender Offer

Care Investment Trust Inc. (NYSE:CRE) ("Care" or the "Company"), a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt, -- Care Investment Trust Inc.,Torey Riso,New York   07/16/2010

Aarp Applauds Senate Passage of Financial Reform

Bill Will Protect Americans' Money and Help Stabilize Our Economy -- AARP Illinois,Gerardo Cardenas,Springfield Ill.  07/16/2010

Hoffa Commends Congress for Enacting Financial Reform

Teamsters Leader Says Re-regulation Could Help Create Jobs -- International Brotherhood of Teamsters,Galen Munroe,Washington   07/16/2010

Morgans Hotel Group Successfully Refinances London Debt in Full

Morgans Hotel Group Co. (NASDAQ:MHGC) ("MHG"), the operator and 50% owner of the London joint venture that owns Sanderson and St Martins Lane, today announced that it has successfully refinanc -- Morgans Hotel Group Co.,Jennifer Foley,New York   07/16/2010

Freddie Mac Approves First Michigan Bank to Sell and Service Mortgages

Privilege previously terminated for Citizens First Bank -- First Michigan Bancorp, Inc.,Tom Szczepanski,Troy Mich.  07/15/2010