Archive for July, 2008

DeVry Inc. to Acquire U.S. Education Corporation

Thursday, July 31st, 2008

DeVry Inc., a global provider of educational services, today announced it will acquire U.S. Education Corporation (USEC) for $290 million in cash. USEC is the parent organization of Apollo College and Western Career College and is headquartered in Mission Viejo, California. Apollo College and Western Career College prepare students for careers in healthcare through certificate […]

Franklin Covey Co. Commences Dutch Auction Tender Offer

Wednesday, July 30th, 2008

Franklin Covey Co. (NYSE: FC) today announced that it has commenced its previously announced modified Dutch Auction tender offer for up to $28.0 million in value of shares of its common stock at a price within (and including) the range of $9.00 to $10.50 per share, which may allow up to 3,111,111 shares, or […]

Australia’s Digital Media Advertising and Marketing Industry

Wednesday, July 30th, 2008

DUBLIN, Ireland - Research and Markets
(http://www.researchandmarkets.com/research/5776a8/australia_digita) has announced the addition of the “Australia - Digital Media - Advertising and Marketing Industry” report to their offering.
Rather belatedly, many advertising companies have now also jumped on the digital media bandwagon. Their late arrival in this market of course left the door wide open for new companies in […]

Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management’s Web Site

Tuesday, July 29th, 2008

BOSTON - MFS Investment Management® (MFS®) today announced the availability of information on the results of the weekly auctions for the week ending July 25, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below. The data is posted online at www.mfs.com and can be […]

Americas Watchdog Warns Auction Rate Victim

Monday, July 28th, 2008

Americas Watchdog is the largest private consumer group in the United States focused on Wall Street misdeeds, and it has been assisting victims of the $330 billion auction rate securities disaster for over five months. Since February 14th, Americas Watchdog has had a national investigation involving the banks and stock brokers involved in the auction […]

Stolichnaya Auction

Sunday, July 27th, 2008

Stolichnaya makers of Russian vodka look set to become the centre of a multi-million-pound bidding war following Pernod Ricard’s takeover of Swedish maker Absolut.
Bacardi-Martin, Campari and Brown-Forman are being tipped as possible suitors, as Diageo has effectively ruled itself out after buying Ketel One.
Analysts say that vodka is the most dynamic global spirits category. Stolichnaya […]

Peso falls after halt in dollar auctions

Saturday, July 26th, 2008

Mexico’s peso weakened sharply on Friday after the central bank said it would suspend its daily dollar auctions, and stocks rose after unexpectedly strong U.S. consumer confidence and housing data.

GK Systems appointed UK distributors for US giant Sioux

Saturday, July 26th, 2008

GK Systems (Europe) LLP, part of the Killoughery group of companies, has won a contract with water heater company Sioux to distribute its innovative products in the UK.
The concrete technology specialists will supply market leader Sioux’s wide range of water heaters to the construction industry, which includes mobile units, static units and both hot and […]

Chattem Announces the Promotion of Robert B. Long to Vice President and Chief Financial Officer

Saturday, July 26th, 2008

CHATTANOOGA, Tenn - Chattem, Inc. (NASDAQ:CHTT) – a leading marketer and manufacturer of branded consumer products, announced today the promotion of Robert B. Long to the position of Vice President and Chief Financial Officer, effective as of July 23, 2008. Mr. Long had served as Chattem’s Vice President, Finance since July 2007 and as its […]

IBM Unveils New Financial Management Tool

Saturday, July 26th, 2008

ARMONK, NY - IBM has announced a unique analytical financial transformation tool to help companies more effectively analyze and manage the performance of a company’s finance function. Developed by IBM Research in conjunction with IBM Global Business Services, the Finance Transformation Workbench tool (patent pending) uses advanced IBM patented software and service methodologies to help […]