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GREENWICH, CT, May 16 / MARKET WIRE/ -- TICC Capital Corp. (the "Company") (NASDAQ: TICC) announced today that its Board of Directors has approved the terms of a transferable rights offering to purchase shares of common stock of the Company (the "Offering"). The Company will issue transferable...
*One week after a judge ordered jailed NFL quarterback Michael Vick to repay a $2.5 million loan to the Royal Bank of Canada, another financial institution has won a lawsuit against the athlete seeking payment for a defaulted loan. In an order filed Tuesday in United States District Court for the...
baby boomers, investing, personal finance, baby boomer retirement There are a lot of baby boomers out there and there's a lot of potential money to be made off of their retirement. They've done very well, much better than our parents did financially," says Nadav Baum, managing director of...
PrivateBancorp, Inc. today announced that on May 15, 2008, the Company priced $125,000,000 aggregate liquidation amount of 10.00% Trust Preferred Securities to be issued by PrivateBancorp Capital Trust IV, a statutory trust formed under the laws of the State of Delaware , representing preferred...
The University of Michigan consumer sentiment index dropped to 59.5 in early May, its lowest level since 1980, from 62.6 in April. The decline was below market expectations calling for a dip to 62.0. Surging food and fuel prices depressed confidence in early May. The current conditions component...
Motor vehicles sales posted a strong gain in the first quarter, rising 7.9% relative to the average pace in the fourth quarter of last year. The rise reflected a very robust rise in January with sales in both February and March faltering. In March sales slipped by 0.5%, a slower...
U.S. housing starts rallied back in April, rising 8.2%, to recoup some ground after March's huge 13.8% drop. Starts came in at a 1.032 million unit annual pace from March's 954,000 units which was the slowest since March 1991. Starts were 30.6% below the level recorded in April 2007 and...
Wayne Superior Court Judge Jerry Braswell said RBC Bank's lawsuit against him is due to a disagreement over interest rates and that he did not default on a loan, as the bank alleges. RBC Bank sued the Braswell this month in an action that asks for about $40,000, plus interest and attorney fees...
Outsourcing Center, one of the leading sources of information about outsourcing, announced today the winners of the 2008 Outsourcing Excellence Awards: Royal Bank of Canada (RBC Financial Group) and iGATE Global Solutions An independent panel of industry experts evaluated numerous nominated...
TORONTO, May 15 /CNW/ - R Split III Corp. (the "Company") announced today that it has called 2,032 Preferred Shares for cash redemption on May 30, 2008 (in accordance with the Company's Articles) representing approximately 0.090% of the outstanding Preferred Shares as a result of the special...
