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Archive for the 'Financial' Category


Lexington Realty Trust Announces Pricing of Public Offering of 3,000,000 Common Shares

NEW YORK, June 26 /PRNewswire-FirstCall/ — Lexington Realty Trust today announced that it has agreed to sell 3,000,000 of its common shares of beneficial interest, par value $0.0001 per share, at a public offering price of $14.00 per share. The sale of the common shares is expected to close on June […]

AonSmartDrive Measured Safety Program Reduces Auto Related Liability Costs by 50%

CHICAGO, June 23 /PRNewswire-FirstCall/ — Aon Corporation, the leading global risk and insurance firm, and SmartDrive, a global leader in driver safety and risk management solutions, have teamed up to provide a joint service called AonSmartDrive.
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The AonSmartDrive measured safety program is launching in the United States, the United Kingdom and Australia […]

Equens Processes Cross-Border Payment Transactions for OP-Pohjola Group

HELSINKI, Finland and FRANKFURT, Germany, June 23 /PRNewswire/ —
- Scandinavian Market of Interest Because of Large Volumes
Equens, one of the largest European payment processors started with the
processing of payments for OP-Pohjola Group, the leading finance group in
Finland. Via its single common platform, […]

Nationally-Respected Personal Finance Experts Offer Map to Navigate Tough Financial Times

ROCKVILLE, Md., June 4 /PRNewswire/ — Skyrocketing gas prices. Sub-prime mortgages. Rising food costs. Enough already! Now millions of Americans can finally take control of their own financial destiny with Straight Talk on Your Money, a no-nonsense, broad-based, personal financial interactive online service from nationally-acclaimed, award-winning, personal finance experts Ken and Daria Dolan.
“We’re […]

Kennedy Funding Closes Four Loans in One Day

HACKENSACK, N.J., May 5 /PRNewswire/ — In a lending environment where securing a loan is increasingly out of reach for borrowers, April 16 proved momentous for Hackensack-based Kennedy Funding, Inc. The direct private lending company closed four loans that day, three for land development and one for financial restructuring, totaling almost $40 million.
North […]

National Credit Reporting Companies, Blind Community, Announce Landmark Initiative to Provide Accessible Online Credit Reports

ATLANTA, CHICAGO and COSTA MESA, Calif., April 23 /PRNewswire-FirstCall/ — The nation’s three major consumer credit reporting companies today unveiled a comprehensive program to provide improved access to important credit information for people who are blind or visually impaired. The initiative, crafted with the American Council of the Blind, its California affiliate and […]

Associated Estates Acquires Two Virginia Properties

CLEVELAND, April 22 /PRNewswire-FirstCall/ — Associated Estates Realty Corporation announced today the purchase of The Belvedere and River Forest apartments, two Class A apartment communities located in the Richmond, Virginia metro area.
The properties are located in Chesterfield County, one of Virginia’s most prosperous and fastest growing regions. AEC has acquired three properties in […]

Underwriters Laboratories Issues Mexico’s First Third Party Product Certification

NORTHBROOK, Ill., April 21 /PRNewswire/ — Underwriters Laboratories (UL), a world leader of product safety testing services, recently issued the first Normas Oficiales Mexicanas (NOM) Mark to a global electronics manufacturing customer entering the Mexican market. In a global marketplace with multiple standard certifications, companies need to be able to go through a […]

Reinsurance Market Will Continue to Soften for June and July Renewals: Aon Re Global Analysis

LONDON and CHICAGO, April 15 /PRNewswire-FirstCall/ — Pricing is projected to be favorable for traditional property catastrophe reinsurance programs when insurers seek mid-year renewals, according to an analysis conducted by Aon Re Global, a unit of the Aon Corporation . While terms and conditions are expected to continue to improve, Aon Re Global expects […]

EXL Announces Appointment of Rembert de Villa as Head of Transformation Services

NEW YORK and NEW DELHI, India, April 14 /PRNewswire-FirstCall/ — ExlService Holdings, Inc. , a recognized provider of business solutions, today announced that Rembert de Villa has joined as Head of Transformation Services. EXL’s Transformation Services offerings focus on helping clients improve their operations through providing sophisticated analytics, streamlining and improving business processes, and […]