Landmark Acquisition Aims to Build Leading Mass Market Mobile Email and Synchronization Solutions Provider Royal Tunbridge Wells, August 19, 2008 — Synchronica plc (AIM: SYNC.LN), the international provider of mobile email and synchronization solutions, today announced that it is acquiring consumer mobile email specialist AxisMobile for USD 4.9 million in new Synchronica shares. Synchronica also […]

CINCINNATI - Convergys Corporation (NYSE: CVG), a global leader in relationship management, announces the election of Ronald L. Nelson to its Board of Directors effective August 15, 2008. Mr. Nelson is currently Chairman and Chief Executive Officer of Avis Budget Group, Inc., one of the world’s largest general-use car rental companies and operator of the […]

The Royal Bank of Scotland is close to abandoning the auction of its Direct Line and Churchill insurance empire after raising close to £6 billion from the markets. Coupled with the £1 billion sale of its 50% stake in Tesco Personal Finance and the disposal of Angel Trains, RBS’s finance state has improved.

The US-Asia industrial trade portal Worldwide Industrial Marketplace (WIM) has added Open Request-for-Quotes (RFQs) from qualified buyers to its network of industrial supply directories serving North America and Asia.
Engineers, MRO professionals, manufacturers and other industrial buyers and suppliers across the globe have a new way to connect with one another on the Web. Worldwide Industrial […]

NEW YORK - Morgan Stanley announced today that it will repurchase at par auction rate securities (ARS) that are held by its retail accounts and were purchased through the Firm prior to February 13, 2008. Morgan Stanley has informed the appropriate authorities at the Office of the New York State Attorney General, the Office of […]

Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today provided an overview of its progress in refinancing auction-rate preferred shares (ARPS) issued by its closed-end funds (CEFs). The firm highlighted the recent launch of Variable Rate Demand Preferred (VRDP) shares to replace ARPS of four different municipal bond CEFs, […]

The US Federal Reserve has auctioned $25billion in loans to banks in its latest bid to boost credit markets.
The results of Monday’s auction were revealed on Tuesday and showed the auction was oversubscribed with 64 bidders seeking $54.8bn from the bank.
This latest auction involved lending firms money for 84 days - rather than the […]

MINNEAPOLIS - MoneyGram International, a leading global payment services company, today announced it has acquired MoneyCard World Express, S.A. and Cambios Sol S.A., two money transfer entities affiliated with its network in Spain, as part of the company’s strategy to accelerate expansion and assume more control over network growth and distribution in key send markets. […]

Extreme Networks Inc. has announced that it has planned to start a modified Dutch auction tender offer to buy $100 million of common stock at a price per share not less than $3.30 and not greater than $3.70. Extreme Networks intends to start the stock tender offer on August 11 2008.

LOS ANGELES - The West Coast Anti-Money Laundering Forum (www.wcamlforum.org) today announced that registration has opened for the 9th Annual Los Angeles Anti-Money Laundering and Suspicious Activity Report Conference and the 9th Annual San Diego Anti-Money Laundering and Suspicious Activity Report Conference.
Both conferences bring together anti-money laundering experts from within industry and law enforcement for […]