|
|
April 2005
• Investing Systems' New Stock Picker RT Software is the Most Successful Product Launch to Date. Investing Systems announced today that the Stock Picker RT software has been the most successful product launch in the companies seven year history.
• Genworth Declares Dividend On Its Shares Of Series A Cumulative Preferred Stock. The Board of Directors of Genworth Financial, Inc. today declared a quarterly dividend of $0.65625 per outstanding share of its Series A Cumulative Preferred Stock. The dividend is payable June 1, 2005, to holders of record as of the close of business on May 13, 2005.
• Genworth Financial's Class A Common Stock Priced At $26.50 In GE's Secondary Public Offering. Genworth Financial today announced the pricing of GE's secondary public offering of Genworth Class A common stock. A total of 80,500,000 shares will be sold in the offering at a price to the public of $26.50 per share. The underwriters do not have an over-allotment option.
• Fidelity Significantly Expands Distribution Through Insurance Companies. Fidelity Investments today announced The Hartford, the No.1 provider of variable insurance products in the U.S.1, has added five Fidelity VIP Portfolios to its Director M variable annuity product.
• Fidelity Investments Reorganizes Core Elements of the Company. Fidelity Investments® today announced a reorganization that focuses on major aspects of the company, including its investment management and distribution operations.
• IDG Ventures Boston Closes $180 Million Fund II; Firm Adds Top Tier Institutional Investors, Expanding LP Base for the First Time. IDG Ventures Boston, an early stage venture capital firm focused on investing in information and healthcare technology companies, today announced the first and final close of its second fund. The $180 million fund will invest in high-growth emerging market segments in the information technology and healthcare technology sectors and focus on helping entrepreneurs build world-class companies.
• Genworth Declares Dividends On Its Shares Of Class A and Class B Common Stock. The Board of Directors of Genworth Financial, Inc. today declared a quarterly dividend of $0.065 per outstanding share of its Class A and Class B Common Stock. The dividend is payable April 27, 2005, to holders of record as of the close of business on April 12, 2005.
• ComEd Demonstrates Environmental Leadership by Investing in Hybrid Vehicles. ComEd is adding a first-of-its-kind hybrid bucket truck and new hybrid SUVs to its fleet, strengthening its leadership position in the use of environment-friendly vehicles.
• Record Date Change for Genworth Financial Annual Meeting. As previously announced, Genworth Financial (NYSE: GNW) will hold its 2005 Annual Meeting of Stockholders at 9 a.m., May 19, 2005 at The Jefferson Hotel, 101 West Franklin Street in Richmond, Virginia. The record date for determining stockholders eligible to vote at the meeting has been changed to March 21, 2005.
• Genworth Financial Schedules First Quarter Earnings Conference Call for April 29. Genworth Financial (NYSE: GNW) today announced it would release limited consolidated earnings results for the first quarter of 2005 on April 15, 2005 concurrently with its majority stockholder, General Electric.
• Point Lookout Capital Partners Acquires Combined Systems; The Carlyle Group Provides Mezzanine Financing. Point Lookout Capital Partners, L.P., a New York City based private equity firm that invests in middle market businesses, announced today that on April 14, 2005 it acquired a majority interest in Combined Systems, Inc. (CSI). CSI, under the brand name Combined Tactical Systems, develops and manufactures “less-lethal” munitions for the defense and law enforcement industries. Financial terms were not disclosed.
• Genworth Financial Brings Revolutionary Approach to 401(k) Industry. Genworth Financial (NYSE: GNW) today announced a new product designed to revolutionize the defined contribution plan market by filling a void that has existed since the inception of the 401(k) in the 1970s. Defined contribution plan investment options typically offer either equity market growth potential or guaranteed rates of return. Now, U.S. employees can get both in a single investment designed specifically for the 401(k) market, allowing them to chart a "clear course" to their own retirement security.
• The Carlyle Group Agrees to Sell Colin Medical Technology to Omron Corporation; Company Successfully Revitalized Under Japan's Civil Rehabilitation Law. Global private equity firm The Carlyle Group today announced an agreement to sell Colin Medical Technology (CMT) to Omron Corporation. This agreement is conditional on Omron retaining CMT’s current management and workforce, respecting CMT’s managerial independence and maintaining the CMT brand. Financial terms were not disclosed. (Carlyle’s head office is in Washington, DC and its Representative in Japan is Tamotsu Adachi.)
• Joe Keefe Joins Pax World as CEO. Pax World Management Corp., investment manager for Pax World Funds, the Portsmouth, New Hampshire-based socially responsible mutual fund firm, announced today that Joe Keefe will be joining the firm as its CEO. Thomas W. Grant will continue as president of the firm and will also assume the role of vice chairman. Grant has been president of the firm since 1996, during which time assets have tripled and Pax World Funds has launched three additional mutual funds.
• Alpha Hedged Strategies Fund Passes the $100 Million in Net Assets Mark and Continues to Attract New Investors. Alternative Investment Partners, LLC (AIP) is pleased to announce a number of significant milestones for its Alpha Hedged Strategies Fund (Nasdaq: ALPHX - News). The Alpha Hedged Strategies Fund is an innovative, open-end mutual fund designed to minimize equity market exposure and volatility by employing a variety of absolute return strategies. The Fund represents the next generation of product for hedged alternative strategies investing, and is open to all investors. |
|
|
|
|
• Cool Million. Find out when your savings plan may make you a millionaire!
• Savings Estimator. Use this calculator to estimate how long it will take to save a set amount.
• Retirement Planner. Quickly determine if your retirement plan is on track - and learn how to keep it there.
• Social Security Benefits. Use this calculator to estimate your Social Security benefits.
• Stock Calculator. Use this calculator to estimate net gains/loss from the sale of stock.
• Estate Tax Planning. Knowing your potential estate tax liability is a great place to start your estate tax plan. Use this calculator to estimate your estate tax liability.
• 1040 Tax Calculator. How much in income taxes will you pay? Use this 1040 tax calculator to help determine your tax bill for next April.
• Life Insurance Calculator. How much life insurance do you really need? Find out here!
• Lifetime Savings Calculator. This calculator will show you how much you'll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic).
|
