NEW YORK - Cohen & Steers announced today that it is actively seeking alternative financing for eight of its closed-end funds that have issued auction market preferred securities (AMPS). “We are very sensitive to the liquidity issues facing our funds’ preferred shareholders,” said Robert Steers, Cohen & Steers co-chairman and co-chief executive officer, “and […]

KETTERING, Ohio - GE Money and Michelin today announced an agreement to provide consumer financing through CarCareOne, a private label credit program managed by GE Money’s Sales Finance unit. Car owners can choose from 90-day, 6-month or 12-month no interest programs on their Michelin purchases. The program includes no annual fee and no down payment […]

Clek Media Inc. (”Clek”) today announced that it has brokered the world-record sale of the domain FUND.COM for US$9,999,950 in an all-cash transaction. Clek, a media consulting firm, represented the seller of the domain, assisting in both the negotiation and closing of the transaction. The buyer is Fund.com Inc. (OTCBB: FNDM), a New York firm […]

Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they have appointed IBN Technologies Limited, the Hedge Fund Outsourcing Specialists as their newest Global Reseller. IBN Technologies are based in India and already service a global client base. This alliance is another step towards PerTOOLS’s plan […]

MONTREAL, QUEBEC - Quebecor Media Inc. has filed an application as a new entrant to bid at the spectrum auction for Advanced Wireless Services. Quebecor Media submitted a deposit of $317 million, in the form of letters of credit, to Industry Canada.
Last November, Industry Minister Jim Prentice announced that a significant portion (40 megahertz) of […]