Ellington Financial LLC Announces Annual Shareholders Meeting and Record Date Feb 10, 2012 03:16PM

OLD GREENWICH, Conn., Feb. 10, 2012 /PRNewswire/ -- Ellington Financial LLC (NYSE: EFC) (the "Company") announced today that its 2012 Annual Meeting of Shareholders will be held on Tuesday, May 15, 2012, at 10:00 AM Eastern Time at the offices of Hunton & Williams LLP, 200 Park Avenue, 52nd Floor, New York, New York 10166. The Board of Directors has established March 14, 2012 as the record date for determining shareholders entitled to vote at the 2012 Annual Shareholders Meeting.

About Ellington Financial LLC

Ellington Financial LLC is a specialty finance company that acquires and manages mortgage-related assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A and subprime residential mortgage loans, residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored entity, mortgage-related derivatives, commercial mortgage-backed securities, commercial mortgage loans and other commercial real estate debt, as well as corporate debt and equity securities and derivatives. Ellington Financial LLC is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group LLC. 

SOURCE Ellington Financial LLC


Fitch Affirms Honda Auto Receivables Owner Trust 2011-1 (HAROT) Feb 10, 2012 03:16PM

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings affirms three classes of the Honda Auto Receivables Owner Trust (HAROT) 2011-1 transaction as part of its ongoing surveillance, as listed below:

Honda Auto Receivables 2011-1 Owner Trust:--Class A-2 at 'AAAsf'; Outlook Stable;--Class A-3 at 'AAAsf'; Outlook Stable;--Class A-4 at 'AAAsf'; Outlook Stable.

The rating affirmations are based on available credit enhancement and loss performance to date. The collateral pools continue to perform within Fitch's expectations. In addition, under the credit enhancement structure, the securities are able to withstand stress scenarios consistent with the original ratings and make full payments to investors in accordance with the terms of the documents.

The ratings reflect the quality of American Honda Finance Corporation's (AHFC) retail auto loan originations, the strength of its servicing capabilities and the sound financial and legal structure of the transaction.

Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and related research:--'U.S. Auto Loan ABS Rating Criteria', dated April 20, 2011;--'Global Structured Finance Rating Criteria', dated Aug. 4, 2011.

Applicable Criteria and Related Research:U.S. Auto Loan ABS Rating Criteriahttp://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=614367Global Structured Finance Rating Criteriahttp://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=646569

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch RatingsPrimary Analyst:John Alberici, +1-212-908-0370AnalystFitch, Inc.One State Street PlazaNew York, New York 10004orSecondary Analyst:Smitha Dawson, +1-212-908-0298Associate DirectororCommittee Chairperson:Du Trieu, +1-312-368-2091Senior DirectororMedia Relations:Sandro Scenga, +1-212-908-0278sandro.scenga@fitchratings.com

Source: Fitch Ratings


Northwestern Mutual Adds New Jobs at Its Headquarters Feb 10, 2012 03:14PM

MILWAUKEE, Feb. 10, 2012 /PRNewswire/ -- In a U.S. jobs report released last week, the Department of Labor reported that employers have been hiring more in recent months, and Northwestern Mutual is set to continue this trend  in its own business throughout 2012. Specifically, meeting the needs of its growing client base and the increasing consumer demand for its comprehensive planning approach to financial security, Northwestern Mutual is creating 60 new positions at its headquarters in 2012.

(Logo:  http://photos.prnewswire.com/prnh/20120126/CG42140LOGO)

"Our home office team provides the critical support necessary for the productivity and success of our national field force. It's also key to delivering industry-leading products and services to our policyowners," says John Schlifske, chairman and CEO. "As we continue to experience growing demand for our financial security solutions, we need to bolster our home office resources to meet these opportunities."

The 60 new positions are in addition to ongoing hiring to replace individuals who have retired or leave the company in the normal course of business as needed. These new positions will draw on a range of skills, most of which require technology or financial skills and a college degree.

Schlifske adds, "We have a diverse, dynamic workplace that actively supports professional growth and offers extensive opportunities over time within the organization. We're excited to be able to bring in new talent as we continue to grow and reinforce the strength and stability of our 155 year old company."

To learn more about Northwestern Mutual's plans to recruit more than 5,000 financial professionals in 2012, visit http://media.northwesternmutual.com/article_display.cfm?article_id=1323.

For a complete overview of the company's financial strength, consumer demand and detailed financial results for 2011, visit http://media.northwesternmutual.com/news/northwestern-mutual-announces-2011-financial-results.htm.

About Northwestern Mutual

The Northwestern Mutual Life Insurance CompanyMilwaukee, WI (Northwestern Mutual) has helped clients achieve financial security for more than 150 years. As a mutual company with over $1 trillion of life insurance protection in force, Northwestern Mutual seeks to share its gains with policyowners and deliver consistent and dependable value to clients over time.

Northwestern Mutual is an industry leader in total individual life insurance and disability insurance dividends paid to participating policyowners. Though dividends are not guaranteed, are reviewed annually and are subject to change, the company has paid life insurance dividends every year since 1872.

Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment advisor, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company; and Russell Investment Group. Further information can be found at http://www.northwesternmutual.com.

SOURCE Northwestern Mutual


MAC Cosmetics Takes on Another Exciting Season At New York Fashion Week A/W 2012 Feb 10, 2012 03:14PM

NEW YORK, Feb. 10, 2012 /PRNewswire/ -- As the A/W 2012 season commences in New York, MAC Cosmetics' team of international artists and creative masterminds gets in position for an unforgettable season of makeup artistry. Opening their makeup kits at Lincoln Center, Milk Studios and other venues throughout the city, inspiration will flow, technique and artistry will be admired, and cutting edge trends will be set.

MAC, the original brand who went backstage nearly 20 years ago, will yet again work alongside New York's most influential designers and makeup artists helping to bring their vision to life. On February 9th, more than 300 MAC artists will be creating flawless looks for over 85 shows and presentations including: Jason Wu, Proenza Schouler, Altuzarra, Prabal Gurung, Diane von Furstenberg, Carolina Herrera, Donna Karan New York, Ohne Titel, Alexander Wang, Peter Som, Richard Chai, Suno, Tommy Hilfiger, Reed Krakoff, and many others.

MAC artists will work closely with a roster of legendary makeup artists such as Diane Kendal, Charlotte Tilbury, Tom Pecheux, Val Garland, James Kaliardos, Kabuki, Lucia Pieroni and Polly Osmond.

Each year, MAC Cosmetics participates in 23 Fashion Weeks and approximately 850 shows around the world: New York, London, Milan, Paris, Sydney, Copenhagen, Athens, Moscow, Berlin, Delhi, Istanbul, Barcelona, Mexico City, Dubai, Johannesburg, New Zealand, Auckland, Toronto, Tokyo, Sao Paulo, Paris Couture, Milan Menswear and Paris Menswear.

John Demsey, Group President, The Estee Lauder Companies says, "This season MAC will continue to provide backstage makeup artistry, and product support for over 85 designers in New York alone. Our support of both established and emerging designers extends beyond backstage and the runway: we champion these designers 52 weeks a year."

EXCLUSIVE MAKEUP SPONSOR AT MADE FASHION WEEK

For the sixth season, MAC Cosmetics continues its partnership as the principal sponsor and exclusive makeup brand for MADE Fashion Week at Milk Studios. MAC will be supporting the overall program as well as the 40 designers showing or presenting at the space, giving them the opportunity to work with MAC's pro team of artists who will help bring to life the designers' vision for their collection.

OHNE TITEL DINNER

On February 2nd MAC Cosmetics kicked off Fashion Week with John Demsey and the talented Flora Gill and Alexa Adams, the female design duo behind Ohne Titel. A celebratory dinner in honor of the label's five year anniversary, the intimate affair hosted at New York's famous Waverly Inn gathered an influential group of women in the fashion industry that not only inspire them but have supported the brand throughout the years.

FASHION WEEK AFTER PARTIES

This season MAC will support the after parties of two fashion industry darlings on February 11th – CFDA/Vogue Fashion Fund Winner Joseph Alutzarra as well as Ecco Domani Fashion Fund and CFDA Women's Swarovski Award Winner Prabal Gurung.

Having a long-standing relationship with these designers, whether behind the scenes creating the makeup look or embracing them through their development, MAC is thrilled to celebrate these two ingenious stars with after parties at some of the most exclusive locations in New York City.

NEW PRODUCTS ARE PUT TO TEST BACKSTAGE

To create the season's key beauty trends, the newest and most advanced products are essential. MAC artists need the latest finishes, formulations, shades and beauty innovations. Fashion shows around the world play a critical role in the MAC Product Development process. Artists use this unique opportunity to test-drive MAC's very latest product prototypes, sometimes years before they reach consumers, and put them to the test on the runways. If the texture, color, application or finish aren't up to scratch, artists let MAC's Product Development team know what needs tweaking. The end result: the perfect formula that works equally in the hands of a professional makeup artist and the customer.

In addition to creating the makeup trends for almost 20 years, this season MAC will be setting the trends on the tips of everyone's fingers. MAC will be doing the nails at the following shows: Ruffian, Ohne Titel, Proenza Schouler, Zac Posen, and Nicholas K. Select shows will be keyed by MAC Senior Artist and nail art junkie; Keri Blair (@MAC_Keri_B)

FOLLOW MAC FOR THE ULTIMATE FASHION WEEK BEAUTY SCOOP

MAC is now live on Twitter @MACcosmetics, joining over 40 MAC Senior Artists who tweet for the brand. @MACcosmetics will bring followers backstage and into the makeup kits during Fashion Week A/W 2012. After Fashion Week, continue to follow @MACcosmetics for musings in makeup artistry, fashion, art, design and pop culture. Visit macartiststweets.com for quick access to the Twitter feeds for MAC's Senior Artists.

Continue to follow MAC on Tumblr for exclusive beauty visuals and video content direct from backstage. MAC will publish from each of the four major RTW cities and additional markets where you'll find MAC artists in action. For total access, follow MAC at maccosmetics.tumblr.com.

About MAC Cosmetics

MAC (Make-up Art Cosmetics), a leading brand of professional cosmetics, was created in Toronto, Canada in 1984 and is part of The Estee Lauder Companies, Inc. The company's popularity has grown through a tradition of word-of-mouth endorsement from makeup artists, models, photographers and journalists around the world. MAC is now sold in 79 countries/territories worldwide. Follow MAC on Twitter @MACcosmetics (twitter.com/maccosmetics), become a MAC fan on Facebook (facebook.com/maccosmetics), watch MAC videos on YouTube and find our MAC Senior Artists at macartiststweets.com. For a MAC location visit maccosmetics.com.

 

 

SOURCE MAC Cosmetics


Biomerics Announces Exhibition of Materials at MD&M West Feb 10, 2012 03:13PM

SALT LAKE CITY--(BUSINESS WIRE)-- Biomerics, a leader and innovator of medical polymer solutions, plans to exhibit its products at the Medical Design and Manufacturing West Tradeshow at the Anaheim Convention Center in Anaheim, Calif., from February 14-16, 2012.

Biomerics will showcase their proprietary product portfolio of thermoplastic polyurethanes (TPUs) for use in medical devices and medical tubing products. Biomerics will be located in booth #3285 as an invited supplier and partner to HTP-Meds, LLC. HTP-Meds is a market leader in medical extrusions and precision multi-lumen tubing.

“This will be the third show at MD&M that we have had the opportunity to exhibit our materials as an invited partner of HTP-Meds,” states Travis Sessions, President and CEO of Biomerics. “Biomerics is an active partner and supplier of biomedical polymers to HTP-Meds and our OEM Medical Device customers.”

Troy Mohr, VP of Business Development for Biomerics, states, “MD&M West represents a great opportunity to meet with our current customers, develop new customers, and educate the marketplace on the features and benefits of our polyurethane materials.”

Biomerics has continued to expand its capabilities with the addition of a new 10,000-square-foot clean room. Their fully updated website at www.biomerics.com showcases Biomerics’ technology improvements and cutting-edge enhancements in order to provide successful solutions, including the development of custom plastic polymers, urethane elastomer technology and specialty extrusion processes.

About Biomerics

Biomerics, LLC (www.biomerics.com) headquartered in Salt Lake City, Utah, is a leading and innovative medical polymer solution provider to the medical device market. Biomerics specializes in biomedical materials, compounding, injection molding, tube extrusion and medical device fabrication. Biomerics partners with its customers to increase their profitability via material technology, operational excellence and customer service. More information is available at www.biomerics.com.

Biomerics, LLCTroy D. Mohr, 801-355-2705VP Business DevelopmentFax: 801-355-3045tmohr@biomerics.com

Source: Biomerics, LLC


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