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DMCI-MPIC water venture converts P2.8-B into equity

Published July 6, 2009, 4:00 am, ABS-CBNNEWS.com

MANILA - The joint venture for the water concession area for the west part of Metro Manila is converting previous P2.8 billion worth of advances from partners, DMCI Holdings and Metro Pacific Investment Corp (MPIC), into an equity infusion.

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Taking stock / A moment of horse sense

Published July 1, 2009, 4:50 pm, Haaretz Daily

1 The board meeting. Chairman: Good morning, everyone (bobs his head at the directors). Directors (mumbling through their biscuits): "Yaarrgh hello." Chairman: "I would like to announce the addition of a new director to the board of our distinguished bank."

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Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds

Published July 1, 2009, 2:00 pm, Business Wire via Yahoo! Finance

NEW YORK----Certain BlackRock closed-end funds announced distributions today as detailed below. Municipal Funds: Declaration- 7/1/2009 Ex-Date- 7/13/2009 Record- 7/15/2009 Payable- 8/3/2009 National Funds Ticker Dividend Change From Prior Month BlackRock Apex Municipal Fund, Inc.

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Assessing Bank Assets: Lowering Your Savings Risk

Published July 1, 2009, 1:31 pm, Investopedia via Yahoo! Finance

Learn how to determine if your assets are safe or if your bank has spread itself too thin.

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Corporate/Company Law

Published July 1, 2009, 1:24 am, Mondaq

On May 20, 2009, a divided Securities and Exchange Commission (the "SEC") proposed changes to the federal proxy rules to permit shareholders to include their director nominations in a public company's proxy statement under certain conditions. 1 The proposal was approved by a 3-2 vote along party lines.

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Banking and Financial

Published July 1, 2009, 1:23 am, Mondaq

Currently, shareholders of public companies can nominate their own director nominees, but they may only do so through proxy contests of public companies in which a shareholder must, at its own expense, prepare, file with the SEC and disseminate its own proxy materials.

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How U.S. Firms Benefit When The Dollar Falls

Published July 1, 2009, 1:01 am, Investopedia

Many investors are programmed to believe that a decline in the value of the U.S. dollar is a bad thing. But what's interesting about a weak dollar is the profit opportunities it presents investors with.

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Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Published June 30, 2009, 4:00 pm, Business Wire via Yahoo! Finance

NEW YORK----Today, BlackRock Enhanced Dividend AchieversTM Trust , BlackRock World Investment Trust , BlackRock Real Asset Equity Trust , BlackRock International Growth and Income Trust , BlackRock Dividend AchieversTM Trust , BlackRock Strategic Dividend AchieversTM Trust , BlackRock Energy and Resources Trust , BlackRock Health Sciences Trust , BlackRock EcoSolutions Investment Trust , ...

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Fitch Rates ENAP's USD300MM Proposed Debt Issuance 'A'

Published June 30, 2009, 10:13 am, Business Wire via Yahoo! Finance

SANTIAGO, Chile & CHICAGO----Fitch Ratings has assigned an 'A' international scale rating to Empresa Nacional del Petroleo's USD300 million proposed senior unsecured debt issuance. Proceeds from the 10-year notes will be used to refinance ENAP's short-term debt.

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Seenews: news report of 29.06.2009

Published June 29, 2009, 11:20 am, Girodivite

Updated news from Balkans powered by www.seenews.com Monday 29 June 2009, by Emanuele G. - 0 letture

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