The TARP Capital Purchase Program: Capital For U.S. Financial Institutions.
The Treasury Department, following similar actions outside the United States, announced on October 14 a direct investment program (the "Treasury Program") in U.S. banks, S&Ls, and financial, S&L, and bank holding companies ("Eligible Entities" or "QFIs"). Up to $250 billion of capital is being made available by the Treasury....

Magnum Hunter Announces Record Cash Flow and Production for Fourth Quarter And The Year; Improved Performance Trend to Continue in 2001.
IRVING, Texas, March 20 /PRNewswire/ -- Magnum Hunter Resources, Inc. (Amex: MHR) ("Magnum Hunter") today announced record operating results for the fourth quarter and fiscal year ended December 31, 2000. Cash flow from operations, before changes in operating assets and liabilities, for the fourth quarter and fiscal...

Public Service Electric and Gas Company Announces Redemption of Two Series Of Cumulative Preferred Stock.
NEWARK, N.J., Feb. 23 /PRNewswire/ -- Public Service Electric and Gas Company announced today (February 23) that it will call for redemption all of the outstanding shares of two series of its cumulative preferred stock on March 30, 2001, for holders of record as of February 28,...

Companies In Jersey.
INTRODUCTION This briefing is intended to serve as a brief guide to the types of companies available in Jersey. The Companies (Jersey) Law 1991 (the "Law") is a comprehensive, modern statute governing all aspects of the regulation of the formation and administration of private companies...

NAM TAI ELECTRONICS, INC. Court Ruling.
VANCOUVER, British Columbia, Nov. 28 /PRNewswire-FirstCall/ -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") announced that the Lords of the Judicial Committee of the Privy Council of United Kingdom (the "Privy Council") rendered a judgment on November 20, 2006 and declared that the redemptions by Nam Tai...

NRIs put money where the heart is.
Byline: Gayatri Nayak NON-resident Indians (NRIs) are increasingly ploughing back redemption proceeds from various NRI deposit schemes into other domestic investments instead of repatriating them back home. The money is being invested in real estates and stock markets. NRIs are also picking equity stakes in Indian companies...

Claim your dividends before it gets too late.
Following the amendment to Section 205B and insertion of Section 205C in the Companies Act, it has now become mandatory for companies holding any liabilities relating to any unclaimed dividends/matured deposits/debentures etc for over seven years to credit the same to the Investor Education & Protection Fund (IEPF). ...

Versus Technology Announces Fourth Quarter Results.
TRAVERSE CITY, Mich., Dec. 18 /PRNewswire-FirstCall/ -- Versus Technology, Inc. ("Versus" or the "Company") announced revenues of $2,177,000 for the fiscal quarter ended October 31, 2006, a 24% increase over revenues for the same period in 2005. Revenues for the year ended October 31, 2006, were $5,812,000 compared to...

Cross Timbers to Redeem Series A Preferred Stock.
FORT WORTH, Texas, Jan. 15 /PRNewswire/ -- Cross Timbers Oil Company (NYSE: XTO) today announced that it plans to redeem all the outstanding shares of its Series A Convertible Preferred Stock (NYSE: XTOPRA) on Feb. 16, 2001. A notice of redemption will be mailed on Jan. 17,...

Valhi Announces Third Partial Redemption of Liquid Yield Option(TM) Notes.
DALLAS, May 18 /PRNewswire/ -- Valhi, Inc. (NYSE: VHI), announced today the third partial redemption of an additional $20 million principal amount at maturity of its outstanding Liquid Yield Option(TM) Notes due 2007 (CUSIP No. 918905 AC 4) for a redemption price consisting entirely of cash equal...