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 [...]

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 [...]

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 [...]

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 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 [...]

The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in February. It will offer $30 billion in an auction to be held on Monday, February 11 and $30 billion in an auction to be held on Monday, February 25.
To facilitate participation by smaller institutions, the minimum bid size [...]

Waitrose has been recognised as the number one high street retailer for customer service in an annual survey by consumer magazine Which
The supermarket achieved impressive scores from a 10,000-strong panel of shoppers for the quality of products, customer service, in-store experience and the convenience of its shops – opening up clear distance on other food [...]

New research from Fairinvestment.co.uk has revealed that when looking for a new mortgage, most Britons stated that they would prefer to choose one that had a fixed rate, rather than other mortgage products.
The survey revealed that 57 per cent of the Britons sampled would choose a fixed rate mortgage. These results consisted of 30 per [...]

NEW YORK – The Restricted Securities Trading Network (RSTN) (www.RestrictedSecurities.net) will begin trading auction-rate securities on Monday, March 3, 2008, creating a much-needed secondary market for the $330 billion asset class.
Over the past few weeks, the lack of a public market for auction-rate securities has left investors holding a large number of securities that failed [...]

Finance is extremely popular with UK professional practices today according to a survey conducted by Syscap (http://www.syscap.com), the UK’s leading independent finance provider to the professions. The company’s annual survey reveals that 83 percent of practices responding currently use, or have used, payment-over-time options as a way of acquiring high-value goods or funding large bills [...]