[ILLUSTRATION OMITTED] The biggest wave of business bankruptcies may be over (key words here are "may be," pending the economy's trajectory), but that's not to say the courts will be devoid of with...
Historically rich and rooted in tradition, yet distinctly modern. Culturally diverse and still defiantly proud and patriotic. Texas is forged from contradictions, merging seamlessly to create a unique and spirited destination. We invite...
Last year proved to be difficult to describe. The economy didn't experience a double-dip recession as some had feared, though recovery is too strong a word to describe it. The Eurozone did not...
The reality is, at least according to one analysis of the stock market, most returns come from dividends, and over long periods stocks do not perform better than inflation (see "How to get...
When John Fogerty musically asked "Who'll Stop the Rain?" 40 years ago, he was pondering the world's disquiet. But given the economic and insured damage from natural catastrophes that deluged the U.S. and...
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
* Full Year Net Revenues of $32.4 Billion; Income from Continuing Operations of $1.26 per Diluted Share * Fourth Quarter Net Revenues of $5.7 Billion, Including Loss of $1.7 Billion Related to the...
* Net income of $81.7 million for 2011, compared to $62.9 million for 2010. This represents an increase of $18.8 million, or 29.87%. Diluted earnings per common share were $0.77. * 4(th) Quarter...
AUSTIN, Texas -- Fitch Ratings assigns an 'A+' rating to the bank notes corresponding to Houston, Texas (the city) Combined Utility System's (the system) commercial paper notes as follows: --$75 million bank notes...
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Georgia Dividend Advantage Municipal Fund 2 (NYSEAMEX: NKG), a municipal closed-end fund managed by Nuveen Fund Advisors,...
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Georgia Dividend Advantage Municipal Fund (NYSEAMEX: NZX), a municipal closed-end fund managed by Nuveen Fund Advisors, Inc....
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Maryland Dividend Advantage Municipal Fund 3 (NYSEAMEX: NWI), a municipal closed-end fund managed by Nuveen Fund Advisors,...
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Georgia Premium Income Municipal Fund (NYSEAMEX: NPG), a municipal closed-end fund managed by Nuveen Fund Advisors, Inc....
'361 Capital Systematic Index' Seeks Extremely Low Correlation To General Equity Markets DENVER -- 361 Capital, a provider of alternative investment portfolios to major institutions, financial intermediaries, and high-net-worth investors, today announced the...
NEW YORK -- Fitch Ratings assigns an 'AA+' rating to the following Commonwealth of Massachusetts general obligation (GO) bonds: --$171,240,000 GO refunding bonds (SIFMA Index Bonds) 2012 series A; --$291,815,000 GO bonds consolidated...
NEW YORK -- the course of routine surveillance, Fitch Ratings has taken the following action on Chesterfield Valley Transportation Development District, MO's (the district) bonds: --$17.4 million series 2006 transportation sales tax revenue...
HEADNOTE FINANCE: Emerging markets co-head sets up shop in Singapore Newport Beach-based Pacific Investment Management Co. has sent the cohead of its emerging markets portfolio to Singapore as part of its plan to...
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Massachusetts Premium Income Municipal Fund (NYSE: NMT), a municipal closed-end fund managed by Nuveen Fund Advisors, Inc....
NEW YORK -- Fitch Ratings has assigned an 'AA-' underlying rating to the Port Authority of New York and New Jersey's (the authority) $400 million consolidated bonds series 171. The bonds are expected...
NEW YORK -- Fitch Ratings assigns an 'A+' rating to $70 million dormitory revenue bonds, series 2012A to be issued by the State of Florida Board of Governors (the board) on behalf of...