SIPC

NEW YORK--(BUSINESS WIRE)-- MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund (the "Fund") (NYSE: MZF) today announced that it will commence a tender offer for up to 15% of its outstanding common shares at a price equal to at least 98% of the Fund's net asset value ("NAV") per share on the date the tender offer expires. The Fund will commence the initial tender offer prior to March 1, 2010 (the "Initial Tender Offer"). In addition, upon the occurrence of certain events as set forth below and certain other terms and conditions, the Fund's Board of Trustees has also agreed ...

LISLE, Ill.--(BUSINESS WIRE)-- Claymore, an exchange-traded fund (ETF) sponsor with ETF assets exceeding $2.5 billion*, announced today that it intends to close and liquidate four lightly followed ETFs. The combined assets of these ETFs represent less than 0.70%* of its total ETF assets. "We have taken a reflective review of our current product lineup and after careful evaluation, we feel that these changes are in the best interest of shareholders," said Christian Magoon, President of Claymore Securities, Inc. "We will continue to assess the needs of investors and launch products where the potential ...

NEW YORK--(BUSINESS WIRE)-- Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) announced today that GeoResources, Inc., (NASDAQ: GEOI) has priced its public offering of 3.0 million shares of its common stock at a public offering price of $10.20 per share (before underwriting discounts and commissions). GeoResources has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock to cover any over-allotments. Closing of the offering is expected to occur on or about December 1, 2009, subject to customary closing conditions. GeoResources intends to ...

SOUDERTON, PA -- (MARKET WIRE) -- 11/25/09 -- Univest Corporation of Pennsylvania (NASDAQ: UVSP) declared today a $.20 per share quarterly cash dividend to be paid on January 2, 2010 to shareholders of record as of December 10, 2009. Following Univest's stock and overall trends in the industry is convenient for investors and shareholders. Univest's investor relations link, found on its web site at www.univest.net, features financial highlights, detailed peer analysis, deposit market share data, and other valuable information. Univest also provides a shareholder services page to assist shareholders in managing ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Eric Gold joins Sterne Agee's Fixed-Income Credit Research team and will follow the Telecommunications, Media and Cable sectors. Gold began his career at Grantchester Securities, then worked at Forest Investment, BlackRock and was most recently affiliated with Stone Castle ...