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Archive for February, 2008

Pixelworks Announces Preliminary Results of Its Modified Dutch Auction Tender Offer

Friday, February 29th, 2008

TUALATIN, Ore - Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of powerful video and pixel processing technology, today announced the preliminary results of its “Modified Dutch Auction” tender offer for a portion of its outstanding 1.75% convertible subordinated debentures due 2024. The offer expired at 5:00 p.m., New York City time, on Thursday, February 28, 2008.
In […]

Noise over Northern Rock nationalisation

Thursday, February 28th, 2008

LONDON, UK - The confusion over the Northern Rock nationalisation has increased following a decision of leaving 40bn of the bank’s best mortgages in a private offshore trust, Granite. The Offshore firm Granite holds half of the bank’s best secured mortgages and it is not being nationalised as part of the rescue package. The government […]

New Investment Portfolio Management Software is the First to Offer Full Features for Home Use

Wednesday, February 27th, 2008

With the recent fluctuations in world stock markets some investors may have been hurt by their lack of awareness and knowledge of their own exposure to certain investment categories. Keeping this in mind Manage Invest has come up with a new investment management software that contains all of the features that users need to keep […]

Offset Mortgage Centre Publish Discount Offset Mortgage Guide

Wednesday, February 27th, 2008

The leading flexible and offset mortgage review site, The Offset Mortgage Centre, are proud to announce the recent publication of their free online guide about a Discount Offset Mortgage. The article looks at how a Discount Offset Mortgage can assist borrowers in the short-term. The full article, along with other articles on similar topics can […]

John Hancock Closed-End Funds Auction Preferred Shares Update

Wednesday, February 27th, 2008

John Hancock Advisers, LLC has provided an update pertaining to recent developments affecting the auction preferred shares market.
Recently, there has been a great deal of attention focused on a disruption in the market for auction preferred shares (APS), which are leveraged funding vehicles for closed-end funds. An imbalance of buyers and sellers of APS has […]