ATLANTA, Feb. 10, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Branch and Saint Joseph counties in Michigan as a result of drought and excessive heat that occurred from July 1 through Oct. 18, 2011.
(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO)
"These counties are eligible because they are contiguous to one or more primary counties in Indiana. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included," said Frank Skaggs, director of SBA's Field Operations Center East in Atlanta.
"When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster," said Skaggs.
Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers, but nurseries are eligible to apply for EIDLs for losses caused by drought conditions.
Loan amounts can be up to $2 million, with interest rates of 3 percent for non-profit organizations and 4 percent for small businesses, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. The agency sets loan amounts and terms based on each applicant's financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.
Disaster loan information and application forms may be obtained by calling the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov. Loan applications can be downloaded from the SBA's website at www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. Those affected by the disaster may also apply for disaster loans electronically from SBA's website at https://disasterloan.sba.gov/ela/.
Completed loan applications must be returned to SBA no later than September 27, 2012.
For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.
Contact: Michael LamptonPhone: 404-331-0333
SOURCE U.S. Small Business Administration
LOS ANGELES--(BUSINESS WIRE)-- Baron and Budd attorneys, led by Roland Tellis and Mark Pifko in Los Angeles, filed a class action lawsuit today alleging that two home mortgage lending giants illegally levied excessive and deceptive default service fees against borrowers who were late on mortgage payments.
The suit states that Wells Fargo and JPMorgan Chase, who, together, service approximately 25 percent of all U.S. mortgages, allegedly cheated hundreds of thousands of borrowers by charging abusive default fees. Baron and Budd attorneys believe that the two banks may have potentially defrauded borrowers out of a billion dollars or more.
“Wells Fargo and Chase executives conspired to increase profits in any way they can, even if that meant deceiving homeowners who were losing out on the American dream,” said attorney Roland Tellis. "In addition to charging unnecessary and marked-up fees, the banks concealed the fees through cryptic wording."
According to the suit, the amount of the inflated or unnecessary charges can vary, from $20 for some services, to as much as $135 for others. As part of the banks’ efforts to hide the true nature of the charges, these fees are typically listed on a borrower’s monthly statements as “Other Charges,” “Miscellaneous Fees” or “Corporate Advances.”
According to the lawsuit, the fees are charged when a borrower is late on a payment, and the bank’s computer programs begin the default process by levying fees against the borrower. One of these fees is used to hire a real estate broker to assess the value of the home based on similar properties. The real estate agent’s assessment is called the broker’s price opinion (BPO) and is used to help the lender price the property for foreclosure.
Federal law allows lenders to charge these BPO fees, but they are not allowed to mark up the charges or perform unnecessary services and make a profit, which is what Wells Fargo and Chase have done, according to the suit.
“Our investigation has revealed that as a result of these practices, banks often make more money from loans that are in default than loans that are current," said attorney Mark Pifko. “Loan agreements require that default-related services must be reasonable and appropriate. Banks are not allowed to mark-up the charges so they can make a profit, but that is exactly what they have done. In many cases, the banks are overcharging by as much as 300 percent.”
Baron and Budd has helped consumers fight against bank fraud by serving on the plaintiffs’ steering committee in the 2011 overdraft fee litigation that resulted in a $410 million settlement for consumers against Bank of America.
Baron and Budd attorneys are offering free consultations for consumers to determine whether mortgage lenders have charged excessive default fees. Contact Baron and Budd at 1.866.844.4556 or email info@baronbudd.com to learn more. There is no obligation for our review of your case.
About Baron & Budd, P.C.
The law firm of Baron & Budd, P.C., with offices in Dallas, Baton Rouge, Austin, Los Angeles and Miami, is a nationally recognized law firm with a 30-year history of "Protecting What's Right" for people, communities and businesses harmed by negligence. Baron & Budd's size and resources enable the firm to take on large and complex cases. The firm represents individuals, governmental and business entities in areas as diverse as water contamination, Gulf oil spill, Qui Tam, California Proposition 65 violations, dangerous medications and medical devices, Chinese drywall, insurance claims, commercial litigation, consumer fraud, securities fraud and asbestos-related illnesses such as mesothelioma. Learn more about the mesothelioma attorneys at Baron & Budd.
Baron & Budd, P.C.Susan Knape, 214-629-0596susan@susanknape.com
Source: Baron & Budd, P.C.
WHITE SULPHUR SPRINGS, WV -- (MARKET WIRE) -- 02/10/12 -- West Virginia, its' communities, and residents have proven to the world that they are amazing. After just two years, The Greenbrier Classic has been awarded the designation of "Best in Class Tournament on the PGA TOUR" by the PGA TOUR itself. The fact that The Greenbrier Classic beat out a field of 44 Tour events, many of which have garnered historic if not legendary status, is a testament to what the people, communities and State of West Virginia has achieved.
Not a leader that rests on his laurels, Jim Justice has challenged everyone to remain at the top and keep improving, which has led to an almost mind-boggling musical line-up joining with some of the PGA TOUR's premier players at the 2012 Greenbrier Classic, July 2-8. The huge success of the Classic's unique merger of world-class championship golf and superstar concerts (over 373,000 attended in 2011) has established The Greenbrier Classic as an event unparalleled in sports and entertainment -- nothing like it will be found at the Super Bowl, or at the World Cup, or at the Olympics. Only at The Greenbrier is this level of superstar entertainment free with paid admission to the golf tournament.
"West Virginia and the people who proudly live here are truly amazing. From a blank piece of paper a little over two years ago our community and state have come together and built the Number One Golf Tournament as awarded by the PGA TOUR. Think of the enormity of that achievement, even if you think of it simply in terms of the wonderful and historic tournaments we beat for the 'Best in Class' title it makes you shake your head. If that is not enough, we were also awarded the best event 'Best in Class' on the PGA TOUR for our concert series and all this has been done with a focus on community and giving back through Old White Charities. I think it is very fitting that this year, America's Resort will host the Number One Tournament on Tour, in the Number One State in the Union on the birthday of the Number One Country in the World, July 4th.
"The field for The Greenbrier Classic 2012 will be stronger than ever, our concert series will be the envy of the world and we have made all of this even more accessible to everyone. I am delighted to announce that until April 30th 2012 Tournament Badges will be priced at $159 (as of May 1st they will be priced at $189). That is access to 7 days of world-class golf and 3 incredible concerts. Try to find another state and community that can beat that!
"In addition to the above, I am also delighted to announce a new Greenbrier competition, The Greenbrier's Got Country Class. To be held annually 'The Greenbrier's Got Country Class' is an open talent contest run by The Greenbrier with the assistance of Intero that will find America's next great Country solo artist or group. Auditions open in March and the finals will be held at The Greenbrier in April.
"Look at what has been achieved and tell me that West Virginia, its people and communities are not the finest in the nation, it is time for everyone to realize what this great state and its people can do." Mr. James C. Justice, II Chairman, The Greenbrier
"Never in my wildest dreams did I think that my first PGA TOUR win would come at the best event on Tour. It's amazing what Mr. Justice has been able to accomplish in such a short amount of time. I can't wait to get back to the Greenbrier to defend my title." Scott Stallings
"How could you not want to play in The Greenbrier Classic? What Jim Justice does for the local community, the players and their families is just incredible. His efforts are the reason the PGA TOUR recently recognized the Classic as the best tournament on Tour. I'm just honored to represent The Greenbrier and can't wait to get back for the Classic." Kenny Perry
The first two seasons of The Greenbrier Classic Concert Series featured some of the world's biggest stars such as The Black Eyed Peas, Brad Paisley, Carrie Underwood, and Keith Urban -- but 2012 promises to kick it up another notch with superstar after superstar taking the stage at The Greenbrier Classic/State Fair of West Virginia fairgrounds amphitheater.
Tickets to all concerts, three practice rounds and pro-ams, and four competition rounds are available for $159. (Concert tickets are not sold separately.) Benefactor, Alumni, and Clubhouse Badges, which include upgraded access to the golf tournament as well as tickets to all concerts, are also available. All badge levels are available for purchase at www.GreenbrierClassic.com, Ticketmaster, and participating United Bank and Kroger locations.
"This year The Greenbrier is celebrating what would have been the great Sam Snead's 100th birthday. Jim Justice believes in legacies and how can I not feel honored to support Jim and The Greenbrier in following in the footsteps of the legend, Sam Snead, as pro-emeritus. It is only fitting that I will be playing the 2012 Greenbrier Classic, named PGA TOUR's Best in Class last year, in honor of Sam and all he contributed to the game of golf and The Greenbrier." Mr. Tom Watson, Champion Golfer & Pro-Emeritus, The Greenbrier
ABOUT THE GREENBRIER: www.greenbrier.com Located in White Sulphur Springs in the Allegheny Mountains of West Virginia, The Greenbrier has been welcoming guests since 1778. Known as "America's Resort," it encompasses 6,750 acres of undulating landscape that includes four golf courses, The Greenbrier Clinic (specializing in executive health), a 40,000-square foot Five Star mineral spa, a mlange of sporting activities, shops, private homes at The Greenbrier Sporting Club, guests-only casino and, at its heart, a vast and imposing grand hotel. Purchased in 2009 by West Virginia entrepreneur James C. Justice II, The Greenbrier has undergone a $250+ million restoration and is now home to The Greenbrier Classic, a PGA TOUR, FedEx Cup event, and will this year launch The Greenbrier Presidential Express, a luxury touring train from Washington, DC to The Greenbrier train depot, and The Greenbrier Medical Institute, a state-of-the-art medical complex on the resort's grounds.
Media contacts: Jeff Kmiec President The Greenbrier E-mail: Email Contact www.thegreenbrier.com Tel: 1-304-536-1110 Mark Liebermann at WEILL E-mail: Email Contact Tel: 1-866-PR-WEILL Ann-Rebecca Laschever at WEILL E-mail: Email Contact Tel: 1-866-PR-WEILL Media Contact for Intero Alliance, LLC: Sarah Miller Axis Marketing & PR T: 310.276.2220 F: 310 861.0958 Email Contact
Source: The Greenbrier
LONDON, Feb. 10, 2012 /PRNewswire/ -- Bioradar UK Ltd. reported today the fifth instance in which the specific strain and specific location of an influenza outbreak were predicted by the Replikins Count® (number of genomic Replikin peptides per 100 amino acids) alone, one to two years in advance of the outbreak. While the high-lethality H5N1 p B1 gene Replikins Count® increased globally from 2000 to 2010, uniquely in Cambodia it increased markedly in 2009.
The previous four predictions were made for H5N1 in Indonesia in 2006 (6); for H1N1 in Mexico in 2008, which spread to become the global pandemic of 2009 (1); for H1N1 in Europe in 2010 (1); and for H1N1 in Mexico in 2010 for the outbreak there in 2011(9). The current Replikins Count® in Cambodia has not yet decreased, as it does when the outbreaks are over (1-7). Replikins Count® warning may enable the prevention of emerging diseases rather than just waiting passively for the outbreak. Replikins TransFlu™Vaccine was found to be effective against H5N1 in chickens (8).
If the 2009 H5N1 sequences had been available on PubMed for Replikins analysis in 2009, instead of their apparent first publication in 2011, it would have provided a two-year advance warning of the high mortality human outbreaks now occurring in Cambodia (10). Two years were available to prepare, test, distribute, and administer to high-risk individuals in Cambodia specific Replikins TransFlu™Vaccine or other vaccines. Genomic sequences should be made available for earliest possible Replikins Count® Analysis now that it is recognized by the FAO (3,9) that the Count provides a reliable predictive marker of outbreaks.
The Replikins Count® is the first reliable quantitative genomic method to predict outbreaks of specific lethal infectious diseases, and thus a genomic key to explore and predict virus evolution. Since 1917, influenza outbreaks invariably follow or accompany marked increases in the Count, and disappearance of the outbreak occurs with decrease in the Count (1-7). The Count demonstrates that the evolution of a particular strain of influenza virus, although often gradual over years, as in Mexico 2003-2009 (1), with time for host defense adaptation, can be rapid, with more immediate disease consequences, as in Indonesia in 2006 (6) and in Cambodia in 2009 for the current outbreak.
A book in preparation, The Evolution of Lethal Replikins (7), will provide a fuller report of the evolutionary development of lethal pathogens in influenza, in other viruses, bacteria and trypanosomes. It will also more fully discuss the role of the Replikins Count® as a marker of and determinant of lethality. Because of the current global concern about H5N1 (3,10), H5N1 Replikin Count® data is being published as a preprint in advance of the book, available by contacting: reports@replikins.com or Tel: S. Bogoch, 978-606-6950.
References
1. Bogoch, Samuel and Bogoch, Elenore. Prediction of specific virus outbreaks made from the increased concentration of a new class of virus genomic peptides, replikins. Nature Precedings http://dx.doi.org/10.1038/npre.2011.6279.1 (2011)2. Bogoch, Samuel and Bogoch, Elenore. Marked Rise in Replikin Counts in H5N1 Influenza Virus Localized to Lethality Gene p B1. Nature Precedings http://dx.doi.org/10.1038/npre.2011.6420.1 (2011)3. UN Food and Agriculture Organization (FAO) discussion of Replikins, DVM Newsmagazine, Sept. 8, 2011. Reproduced in Replikins Report #42, Replikins.com.4. H1N1 Influenza Virus with Highest Replikin Count™ Since the 1918 Pandemic Identified in the U.S. and Austria (April 7, 2008). Replikins Report #18, Replikins.com.5. Replikins Provided Advance Warning of Mexican H1N1 "Swine Flu" Virus Outbreak (April 25, 2009). Replikins Report #26, Replikins.com.6. Indonesia Reports Experiencing Human H5N1 Mortality Increase, as Predicted Last Year by Replikins' FluForecast® Quantitative Virus Analysis (June 8, 2007). Replikins Report #12, Replikins.com.7. Bogoch, S and Bogoch, ES. The Evolution of Lethal Replikins. In preparation, 2012.8. Jackwood, MW, et al. Efficacy of a Replikin peptide Vaccine Against Low Pathogenicity Avian Influenza H5 Virus. Avian Diseases 53(4):613-617, 2009.9. FAO Warnings Follow Rise in Replikins Count for both H5N1 and H1N1. Aug.31, 2011. Replikins Report #41. Replikins.com.10. Associated Press. Vietnam and Cambodia Report Bird Flu Deaths. Wall Street Journal, page 1, January 20, 2012.
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE Replikins, Ltd.
BOSTON, Feb. 10, 2012 /PRNewswire/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the quarterly distributions declared on the common shares of two of its closed-end equity funds (the "Funds"). The record date for the distributions is February 22, 2012, and the payable date is February 29, 2012. The ex-date is February 17, 2012. The distribution per share for each Fund is as follows:
|
Fund |
Distribution Per Share |
|
|
|
|
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) |
$0.2843 |
|
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) |
$0.2895 |
|
|
|
At this time the Funds believe that a portion of the February distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at http://funds.eatonvance.com. The final determination of tax characteristics of each Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $184.5 billion in assets as of December 31, 2011, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Management
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