| Wachovia Launches New Online Pension Protection Act Resource ...
CHARLOTTE, N.C., March 12 /PRNewswire-FirstCall/ -- Wachovia Retirement Services (WRS) announces the launch of a new online service to provide plan sponsors with clarity and direction around the Pension Protection Act of 2006 (PPA) and its effect on the retirement services offered to plan participants. The PPA Resource Center is a tool rich with pertinent information regarding current and ongoing developments around the PPA and includes: "Educating and providing guidance to our clients is what we do best," states Joe Ready, Senior Vice President and director of WRS. "Although it is not intended to replace advice from legal counsel, the PPA Resource Center will assist plan sponsors in maneuvering through the minutia of this groundbreaking legislation and is intended to be a dynamic resource that's continually updated with new and timely information." Responding to the signing of the PPA into law by President Bush in August 2006, WRS immediately began providing plan sponsors with various educational literature, articles, information and seminars.
Idaho General Mines Is Taking Out The Highs Of The Trading Session
(RTTNews) - Idaho General Mines (GMO | charts | news | PowerRating) has been trading in a range for the last hour and is suddenly accelerating to the upside on increased volume and is taking out the highs of the day. Shares of Idaho General Mines are currently trading up by 63 cents and are at a new all time high at $6.02. Copyright(c) 2007 RealTimeTraders.com, Inc. All Rights Reserved .
Capital Alliance Income Trust Appoints New Director
SAN FRANCISCO--(BUSINESS WIRE)--Capital Alliance Income Trust ("CAIT") (AMEX:CAA) a specialty lender organized as a real estate investment trust ("REIT"), announced the appointment of Alan R. Jones to its Board of Directors. The appointment satisfies the American Stock Exchange's Small Business filer Independent Director representation requirement. Mr. Alan R. Jones, 52, has worked in investment management consulting, venture capital and investment banking. Since 2004 he has served as Managing Partner of A.R. Jones & Associates, LLC, a placement agent specialized in investment management, private equity and commercial real estate. In 2000 Mr. Jones co-founded Rampant Venture Group, a venture capital firm, and served as a Managing Partner. From 1981 to 2000 Mr. Jones worked in institutional sales, trading and investment banking for Morgan Stanley and Salomon Brothers in both New York City and San Francisco.
Take-Two Now Compliant, But Problems Persist
Take-Two Interactive Software, Inc. (TTWO-NASDAQ) announced earlier this morning that The NASDAQ Stock Market notified Take-Two that it has regained compliance with NASDAQ's listing requirements. As a result, Take-Two's common stock will continue to be listed on The NASDAQ Global Select Market. .
Pakistan receives $4.6 billion FDI during current fiscal year ...
ISLAMABAD: Federal Minister for Privatization and Investment Zahid Hamid has said that Pakistan was perusing investor friendly policies and due to these policies, Pakistan received Foreign Direct Investment (FDI) amounted to $ 4.6 billion during July 2006 to February 2007 which is almost two percent more than the amount last year. He stated this while addressing the inauguration session of three-day conference of Economic Cooperation Organization (ECO) on Privatization here at local hotel on Tuesday. The conference was attended by 30 delegates from 10 member countries included Afghanistan, Iran, Turkey and Central Asian States. The minister said that privatization, deregulation and liberalization are cornerstones of the highly successful Economic Reforms introduced by the government of President General Pervez Musharraf through then Finance Minister, now Prime Minister Shaukat Aziz.
AIM sets the record straight
AN Australian "misconception" that London's Alternative Investment Market is focused on resources is starting to change, according to financial advisers. Advisers Grant Thornton made the comment in a report that comes after AIM recently faced sniping from US rivals and regulators over disputed claims of poor regulatory standards. The number of Australian-listed companies on AIM has grown from 40 to 49 within a year. But AIM also lost Australians -- WA-based Palandri, involved in wine and managed investment schemes, in December cancelled its position there and is hoping to list here. It is understood that one of Palandri's main concerns was about the role of "market makers" -- dealers who boost stock liquidity by buying and selling -- in affecting its AIM share price.
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