NEWARK, N.J. -- Prudential Fixed Income announced today that John McIntyre, a principal and head of its securities lending team, was awarded the Fifth Annual Stephen Dimino and Ian Schneider Cantor Fitzgerald Securities Lending Management Beneficial Owner Award. Prudential Fixed Income is a public fixed income asset management business of...
The 401k plan has become very popular among small-business owners as a result of changes made by the Economic Growth and Tax Relief Reconciliation Act of 2001 EGTRRA. These changes have made the 401k plan, in comparison to most other retirement plans, more beneficial and flexible for the small-business owner....
PHILADELPHIA & BURLINGTON, N.J. -- Beneficial Mutual Bancorp, Inc., the parent of Beneficial Mutual Savings Bank (together, "Beneficial"), and FMS Financial Corporation (NASDAQ:FMCO), the parent of Farmers and Mechanics Bank (together, "FMS"), have signed a definitive merger agreement. Under the terms of the agreement, approved by the Boards of Directors...
BENEFICIAL INSURANCE SERVICES LLC, a subsidiary of BENEFICIAL MUTUAL BANCORP INC., has ... BENEFICIAL INSURANCE SERVICES LLC, a subsidiary of BENEFICIAL MUTUAL BANCORP INC., has acquired the CLA AGENCY INC., the company said. Terms of the acquisition were not released.
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating FSR of A Excellent of Beneficial Life Insurance Company Beneficial (Salt Lake City, UT) under review with negative implications due to concerns regarding material losses in its mortgage-backed securities MBS portfolio and risk management practices for monitoring investment...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and issuer credit rating ICR of "a" for Beneficial Life Insurance Company Beneficial (Salt Lake City, UT). The ratings have been removed from under review with negative implications and assigned a negative outlook.
PHILADELPHIA -- Beneficial Mutual Bancorp, Inc. (the "Company") (NASDAQ:BNCL), the parent company of Beneficial Bank, today announced plans to reduce its work force.
On May 7, 2003, the Securities and Exchange Commission published a release covering required electronic filing and Web site posting of Section 16. While the rule and form amendments were, generally, adopted as proposed, the Commission adopted additional rule amendments to permit Section 16 forms submitted by direct transmission. Section...
Steel Partners Ii Lp, beneficial owner, purchased 415,100 shares of common between $11.07 and $11.41 each from Jan. 5 to Jan. 28, 1999 and now directly holds 1,376,110 common.
A business succession team, consisting of the owner, attorney, CPA, and life insurance agent or financial planner, should meet, as needed, to keep a business succession plan timely. Don’t let procrastination and an untimely death or disability of the primary owner lead to a company’s early demise. Proper planning can...
WILMINGTON, Del.--BUSINESS WIRE--Aug. 27, 1996--Kmart Corporation has expanded its new Kmart Credit Card to its 2,147 stores across the nation. The card is administered through Beneficial National Bank USA BNB USA, a subsidiary of Beneficial Corporation.
Time management can be a critical issue in the small business. As the owner has many different roles to be involved in at different levels it can be hard to organize things in a way that are more beneficial. There are a wide variety of planning programs, software, courses from...
Time management can be a critical issue in the small business. As the owner has many different roles to be involved in at different levels it can be hard to organize things in a way that are more beneficial. There are a wide variety of planning programs, software, courses from...
SEA ISLAND, Ga. -- Steve Bostic, the beneficial owner of approximately 1% of the outstanding stock of Career Education Corporation (NASDAQ: CECO), today made the following statement:
When making any changes to a business one will automatically be looking at certain indicators to make sure that any changes have had a beneficial effect. The trouble is that there may very well be a time lag between making the changes and noticing the hopefully beneficial effect. If one...
This announcement relates to the holdings of Morgan Stanley & Co. Incorporated ("MS&Co.") in Air Canada (TSX: AC) (the "Issuer"). Morgan Stanley is issuing this release in its capacity as the parent holding company of, and indirect beneficial owner of securities held by, MS&Co.
SEA ISLAND, Ga. -- Steve Bostic, the beneficial owner of approximately 1% of the common stock of Career Education Corporation (NASDAQ: CECO), today announced that on February 8, 2006 he sent a letter to John M. Larson, Chairman, President and Chief Executive Officer of CEC.
SALT LAKE CITY -- SunGard (http://www.sungard.com) announced today that Beneficial Investment Services, Inc.* BIS, a wholly owned subsidiary of Beneficial Financial Group (http://www.benfinancial.com), has implemented the financial planning capabilities of SunGard's WealthStation. WealthStation is a browser-based wealth management technology platform that combines front-to-back office capabilities including financial planning, asset allocation,...
"In the early stages of building a business, the owner is heavily involved with selling and/or customer service and, therefore, in constant contact with customers. The owner has a good feel for what they want and their reactions to and perceptions of how you conduct business. As the business grows,...
DALLAS -- Think what you will about Mark Cuban, the outspoken owner of the NBA's Dallas Mavericks, but the man doesn't often back down from a challenge.