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Budget committee member resigns

Published July 4, 2009, 2:15 am, The Mail Tribune

JACKSONVILLE — A city Budget Committee member has resigned, saying a delayed audit made it impossible for committee members to adequately review the proposed budget for 2009-10.

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MSCI Inc. Reports Second Quarter 2009 Financial Results

Published July 2, 2009, 4:30 am, Business Wire via Yahoo! Finance

NEW YORK----MSCI Inc. , a leading global provider of investment decision support tools, including indices and portfolio risk and performance analytics, today announced results for the second quarter ended May 31, 2009.

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S Kumars to raise Rs 1,000 cr to fund expansion plans

Published July 2, 2009, 2:39 am, Business Standard India

Textile major S Kumars Nationwide (SKNL) plans to raise Rs 1,000 crore through issue of shares on qualified institutional placement (QIP) basis to fund its expansion plans.

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Etelos Restructures $5.5 Million of Convertible 6% Secured Debt

Published July 1, 2009, 3:01 pm, Business Wire via Yahoo! Finance

MAPLE VALLEY, Wash.----Etelos, Inc. announced today that it has executed an agreement to restructure its January 2008 and April 2008 Convertible 6% Secured Debentures with a principal amount of $5.5 Million.

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Amarin Reports Preliminary Unaudited Financial Results for the Six and Twelve Months Ended December 31, 2008

Published July 1, 2009, 6:10 am, Business Wire via Yahoo! Finance

DUBLIN, Ireland----Amarin Corporation plc today reported preliminary unaudited financial results for the six and twelve months ended December 31, 2008. For the six months ended December 31, 2008, Amarin reported a net loss of $13.3 million or $0.49 per share, compared with a net loss of $13.4 million or $1.29 per share, for the six months ended December 31, 2007.

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Sutent Significantly Improved Progression-Free Survival For Patients With Advanced Pancreatic Islet Cell Tumours

Published July 1, 2009, 4:08 am, Medical News Today

Pfizer announced preliminary results from a randomized Phase 3 trial of Sutent (sunitinib malate) in patients with advanced pancreatic islet cell tumours, also known as pancreatic neuroendocrine tumours, which is a different type of cancer than the more common pancreatic adenocarcinoma. Study findings demonstrated that median progression-free survival (PFS) was 11.

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CofE faces 352m pension deficit

Published July 1, 2009, 1:47 am, Christian Today

The Church of England has published a second report on the impact of the credit crunch and recession on the financial position of the Funded Clergy Pension Scheme

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Vector Group Ltd. Completes Exchange of Senior Convertible Notes

Published June 30, 2009, 3:05 pm, Business Wire via Yahoo! Finance

MIAMI----Vector Group Ltd. announced today that it has issued $106.94 million aggregate principal amount of its 6.75% Variable Interest Senior Convertible Exchange Notes due 2014 in exchange for $99.94 million aggregate principal amount of its 5% Variable Interest Senior Convertible Notes due 2011, valued at 107% of principal amount.

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Old-fashioned pension plan partial cause of SVHC deficit

Published June 30, 2009, 5:48 am, Bennington Banner

BENNINGTON — Data collected by the federal government shows that most companies have abandoned the style of pension plan used by Southwestern Vermont Health Care that helped lead to a staggering $22 million dollar projected budget deficit for the health system.

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Traditional pension plan partial cause of SVHC deficit

Published June 30, 2009, 3:31 am, Bennington Banner

Tuesday, June 30 BENNINGTON — Data collected by the federal government shows that most companies have abandoned the style of pension plan used by Southwestern Vermont Health Care that helped lead to a staggering $22 million dollar projected budget deficit for the health system. SVHC uses a once common pension plan, known as a defined benefit plan, which pays employees a defined

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