NEW YORK--(BUSINESS WIRE)-- Fitch Ratings takes the following rating actions on the U.S. residential servicer ratings of American Home Mortgage Servicing, Inc. (AHMSI): --Residential primary servicer rating for prime product upgraded to 'RPS2-' from 'RPS3+'; --Residential primary servicer rating for Alt-A product upgraded to 'RPS2-' from 'RPS3+'; --Residential primary servicer rating for subprime product upgraded to RPS3+ from 'RPS3'; --Residential primary specialty servicer rating for closed-end seconds ...
LAKE OSWEGO, Ore., Nov. 12 /PRNewswire-FirstCall/ -- The Greenbrier Companies (NYSE: GBX) today reported results for its fiscal fourth quarter and year ended August 31, 2009. Financial Highlights Fourth Quarter: -- Revenues for the quarter were $230 million, down $132 million vs. the prior year's fourth quarter. -- Net earnings for the quarter were $6.7 million, or $.37 per diluted share vs. $7.4 million, or $.45 per diluted share, in the prior year's fourth quarter. -- Results for the quarter include severance costs, write-off of loan fees and warrant amortization expense of $2.5 million, net of tax, or $.14 per diluted share. Results for ...
Real Estate Executives and Business School Professors Tackle the Challenges of Economic Recovery in the Global Real Estate Market PHILADELPHIA--(BUSINESS WIRE)-- Knowledge@Wharton, the online research and business analysis journal of the Wharton School of the University of Pennsylvania, will present the second Knowledge@Wharton Real Estate Forum, The Road to Recovery: Investing in the Global Real Estate Rebound, which will be held at the New York Stock Exchange on December 11, 2009. The Forum will bring together investors, academics, developers and financial experts to tackle the challenges of economic recovery in global property markets ...
On Bloomberg radio, Wilbur Ross ...
TOKYO--(BUSINESS WIRE)-- The Taiyo Pearl Fund announced today that it has accumulated a position in excess of 5% in Nippon Ceramic Co., Ltd. (6929) ("Nicera") to become its third largest shareholder. The Taiyo Pearl Fund is known for its cooperative investment style working with senior management to enhance shareholder value. Brian K. Heywood, Chief Executive Officer and Managing Partner of Taiyo Pacific Partners, said, "Nicera is a global leader in infrared and ultrasonic sensors and we believe that the ...
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Starwood Capital Group, TPG Capital and Perry Capital Lead Acquisition of $4.5 Billion Corus Bank Real Estate Assets
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Notable Mergers and Acquisitions of the Day 9/15: AIG, PLLL, SMSI
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Wilbur Ross Seen As Top Bidder For AIG's Mortgage Insurance Unit
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BGB Securities Initiates Coverage of Invesco Mortgage Capital (IVR) with a Buy; Strong Projected Dividend Yield
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Fortress Investment Group (FIG) On Both Sides Of The Bargaining Table
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Greenbrier (GBX) Receives Strategic Investment from WL Ross
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BankUnited (BKUNA) Closed By Office of Thrift Supervision, FDIC Appointed Receiver; John Kanas Group Buys Banking Operations
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WL Ross, Carlyle Said To Bid For BankUnited Financial (BKUNA) Out of Receivership - Bloomberg
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Notable Mergers and Acquisitions of the Day 5/19: BKUNA/TD/GS, DAI, KONA
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Toronto-Dominion (TD) and Goldman Sachs (GS) Could Team-Up To Buy BankUnited (BKUNA)
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Unusual 11 Mid-Day Movers 5/13: SUFB, FOE, COIN, ATV Higher; MDCO, BKUNA, SOLR, CAMP Lower
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Morning Movers 5/13: SUFB, CIMT, ATV, VVUS Higher; MDCO, KRG, LIZ, SOLR, BKUNA, ATSG Lower
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Morning Movers 5/12: AGM, BKUNA, CNB, STEC, ATSG, KNXA Higher; DSTI, CTFO, CVU, AIPC, GM Lower
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Unusual 11 Mid-Day Movers 4/6: SUMT, SAY, MGM, LGCY Higher; JAVA, GLAD, ALTI, NIHD Lower
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Satyam (SAY) Jumps On Report of Joint Bid
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Investor Group May Make Bid For BankUnited Financial Corp (BKUNA)
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Notable Mergers and Acquisitions of the Day 11/14: AGO, BA, VRX
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Assured Guaranty (AGO) Reaches Agreement to Acquire Dexia for $722 Million
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Could Hedge Funds Be Emerging As The New Mortgage Middleman?
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Assured Guaranty (AGO) volatility Elevated at 81
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Sir George Mathewson's Toscafund Buys 5%+ Stakes in WaMu (WM) and Sovereign (SOV)
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Delinquencies On Home-Equity Credit Lines Rising Fast
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Earlier Today, Bloomberg Reported Wilbur Ross Seeking to Raise $4B To Invest in US Banks
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Notable Mergers and Acquisitions of the Day 3/17 (JPM/BSC, CME/NMX, HRB)
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Pre-Open Movers: Bear Stearns' (BSC) Fire Sale Kills Financials (LEH, WM, MER, MS, UBS, GS, C, DB)
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Wilbur Ross Acquires Option One from H&R Block for $1.1B
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Assured Guaranty (AGO) volatility moves lower after Wilbur Ross partnership inserts capital
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David Moenning's Daily State of the Markets: 1/25
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Pre-Open Movers 1/25: ScanSource (SCSC) Up on Results, Varian Semi (VSEA) Lower
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AMBAC Fin'l (ABK) volatility aggressive at 207, suggesting continued large movement
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After-Hours Movers 1/24: IndyMac (IMB) Jumps On '08 Profit View, Synaptics (SYNA) Down On Results/Guidance
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Talk Wilbur Ross Could Buyout Ambac (ABK)
