State Street to Acquire Mutual Fund Portfolio Accounting Service Business From DST Systems.
KANSAS CITY, Mo., May 22 /PRNewswire/ -- State Street Corporation (NYSE: STT) and DST Systems, Inc. (NYSE: DST) announced today that they have signed a definitive agreement for State Street to acquire DST's portfolio accounting service business. Terms of the transaction were not disclosed. DST's...

S&P Cuts Ratings on Scottish Mutual to 'AA-'; Outlook to Negative.
LONDON, July 17 /PRNewswire/ -- As a result of a weakening of Scottish Mutual Assurance PLC's capitalization, Standard & Poor's today lowered its counterparty credit and insurer financial strength ratings on Scottish Mutual to double-'A'-minus from double-'A'. The outlook is revised to negative from stable. ...

S&P Assigns 'A' Rating to Scottish Mutual's 200 Mil Euro Bond.
LONDON, July 18 /PRNewswire/ -- Standard & Poor's today assigned its single-'A' junior subordinated debt rating to the proposed GBP200 million ($280 million) unsecured perpetual subordinated notes to be issued by Scottish Mutual Assurance PLC (AA-/Negative/--). The rating reflects the bondholders' level of subordination to...

Investec Ernst & Company Receives Herzog Heine Geduld's Former Retail Correspondent Clearing Business.
Expands Investec's Correspondent Operations in the US NEW YORK, May 29 /PRNewswire/ -- Investec Ernst & Company, a 75-year-old New York Stock Exchange member firm and part of the Investec Group (JSE Securities Exchange: INT), today announced that it has entered into a definitive agreement...

Basic Investors, Inc. Begins Making Market in the Publicly Traded Common Stock of Rhino Enterprises Group, Inc.
Basic Investors Established Since 1956 With Over 30 Retail Brokers DALLAS and MELVILLE, N.Y., Aug. 3 /PRNewswire/ -- Rhino Enterprises Group, Inc. (OTC Bulletin Board: RHNO), a Dallas, Texas-based holding company which is developing a portfolio of subsidiary companies in a wide range of cutting-edge,...

PR Newswire Washington, DC Summary, Monday, Feb. 5, to 3:00 P.M. EST.
Following is a summary of press releases about Washington DC area companies and organizations transmitted by PR Newswire. The full text of these releases is available at the PRN Press Room, http://www.prnmedia.com. DCM009 02/05/2001 07:00 r f bc-DC-Radio-One-Acqstn (WASHINGTON) Radio One, Inc. Completes the Acquisition...

The American Stock Exchange and Singapore Exchange Begin Trading ETFs in Singapore.
First Ever Fully Fungible Global Trading Platform NEW YORK, May 4 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) and the Singapore Exchange (SGX) today launched the trading of five Amex-listed exchange-traded funds (ETFs) on SGX Securities Trading (SGX-ST). The day's trading volume for the five...

The beauty of bonds.
It is estimated that 1995 will prove to be the largest year for municipal bond redemptions in history. Approximately $230,000,000,000 of municipal bonds will mature or be called. If you are among the many investors facing municipal bond redemptions, now is an ideal time to consider reinvesting your proceeds into...

Investing with principle: ... ethical investment movement in the UK.
Charles Jacob grew up in poverty but has since made millions. However, his is not a rags to riches story. For Jacob, who is known as the father of ethical investment in Britain, made most of his money for other people. Though he is now comfortably off, he has...

Investing in Middle East equities.
Over the last ten issues, we have investigated the region's stock markets. With so many exchanges and a plethora of companies, how does the private investor get involved? In the first of a two-part series, ANDREW ALBUM investigates. A joke currently being told in the investment banking world defines...