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Published July 10, 2009, 12:41 am, Banking Business Review
To provide automated call distributor and workforce management services ... Solution to power key channel of the REALTORS credit union ...
Validus Takes Over IPC
Published July 10, 2009, 12:10 am, Insurance Business Review
Acquisition is expected to add $1.7 billion in new shareholders’ equity to PartnerRe ... Flagstone is expected to exchange 2.638 of new common shares for each IPC common share ...
Validus to buy IPC in $1.65 billion deal
Published July 9, 2009, 2:54 pm, Business Insurance
HAMILTON, Bermuda—IPC Holdings Ltd. has agreed to accept a sweetened takeover offer from Validus Holdings Ltd., ending a bidding war over the Bermuda-based reinsurer but raising some concerns with analysts over the timing of the deal in the middle of the Atlantic hurricane season.
Fitch Removes Flagstone Re from Rating Watch; Affirms Ratings
Published July 9, 2009, 2:53 pm, Business Wire via Yahoo! Finance
CHICAGO----Fitch Ratings has affirmed its ratings on Flagstone Reinsurance Holdings, Ltd. and subsidiaries and removed the ratings from Rating Watch Negative. The Rating Outlook is Stable.
Britain seeks to shame G8 over Africa aid
Published July 9, 2009, 2:29 pm, Guardian Unlimited
• Gleneagles figures should be revealed, says minister • UK move meets resistance ahead of Italian summit Britain is to try to shame G8 leaders during this week's summit into agreeing to publish tables setting out whether they are meeting their solemn commitments to double aid to Africa. The pledge was made by world leaders at the British-chaired G8 four years ago. Douglas Alexander, the ...
Bad loans spur overhaul for Old Bridge-based Amboy Bank
Published July 9, 2009, 2:16 pm, MyCentralJersey.com
Amboy Bancorp, an Old Bridge-based bank stung by bad real estate loans, must strengthen its management, bolster its finances and overhaul its oversight policies, according to an agreement signed by the company and banking regulators.
PCRMC terminates Premier/Mercy contract
Published July 9, 2009, 11:01 am, Rolla Daily News
Phelps County Regional Medical Center is terminating the contract it has with Premier/Mercy health-insurance providers beginning Jan. 1. The decision will affect 1,212 Mercy Health Plan members in Rolla and an additional 670 members throughout Phelps County, according to statistics provided by Mercy Health in St. Louis.
Mercy Health Plans Licenses Technology from eHealth
Published July 9, 2009, 9:09 am, Insurance and Technology
Mercy Health Plans has licensed quoting and submission technology from eHealth.
U.S. Silver Corporation Provides Update With Respect to Public Offering and Files Revised Q1 Unaudited Interim ...
Published July 9, 2009, 8:55 am, Marketwire
TORONTO, ONTARIO--(Marketwire - July 9, 2009) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. U.S. Silver Corporation (TSX VENTURE:USA) ("U.S. Silver" or the "Company") is providing an update with respect to the public offering announced on June 23, 2009. The Company has made application to the TSX Venture Exchange for the approval of a $4 ...
Alexis Announces Closing of Previously Announced Financing
Published July 9, 2009, 6:44 am, Marketwire
TORONTO, ONTARIO--(Marketwire - July 9, 2009) - ALEXIS MINERALS CORPORATION (TSX:AMC) (the "Corporation") announced today the closing of its previously announced public offering (the "Offering") of 11,656,000 units ("Units") at a price of $0.50 per Unit and 7,450,000 "flow-through" common shares (the "Flow-Through Shares") at a price of $0.56 per Flow-Through Share for aggregate gross proceeds ...
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