business - "announced"

First United Corporation , a financial holding company and the parent company of First United Bank & Trust, announces net income for the quarter ended June 30, 2008 of $4.1 million, or earnings per share of $.68, compared to $3.2 million, or earnings per share of $.52, for the second quarter of 2007.

COLUMBUS, Ohio----Nationwide Mutual Insurance Company and Nationwide Financial Services, Inc. today announced that they have entered into a definitive agreement for Nationwide to acquire all of the outstanding publicly held Class A common stock of NFS for $52.25 per share in cash.

SAN FRANCISCO (MarketWatch) -- Nationwide Financial Services Inc. late Wednesday reported its second-quarter net income fell to $85.4 million, or 62 cents a share, from $197.3 million, or $1.37 a share, in the year-ago period. Results for the latest quarter includes non-operating realized investment losses of 29 cents a share. Revenue slid to $1.08 billion from $1.17 billion in the second quarter of last year. Analysts surveyed by FactSet Research estimated a quarterly profit of $1.15 a share on revenue of $1.13 billion. The financial services company also separately announced that Nationwide Mutual Insurance will buy all of Nationwide Financial's outstanding publicly held Class A common stock at $52.25 a share for a total of about $2.4 billion. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

CapitalSource Inc. announced today that a newly organized, wholly owned subsidiary, CapitalSource Healthcare REIT, has filed a registration statement on Form S-11 with the Securities and Exchange Commission relating to the proposed initial public offering of approximately $300 million of CapitalSource Healthcare REIT's common shares, which are expected to be sold by CapitalSource.

SOUTHFIELD, Mich., Aug. 6, 2008 -- Credit Acceptance Corporation announced consolidated net income of $10.3 million, or $0.33 per diluted share, for the three months ended June 30, 2008 compared to consolidated net income of $12.3 million, or $0.39 per diluted share, for the same period in 2007.

LUXEMBOURG (MARKET WIRE) Tenaris S.A. ('Tenaris') (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) today announced its results for the quarter and semester ended June 30, 2008 with comparison to its results for the quarter and semester ended June 30, 2007.

ROCKVILLE, MD (MARKET WIRE) Rydex Investments today announced the distribution declarations for seven CurrencyShares exchange traded products: CurrencyShares(SM) Australian Dollar Trust (NYSE: FXA), CurrencyShares(SM) British Pound Sterling Trust (NYSE: FXB), CurrencyShares(SM) Canadian Dollar Trust (NYSE: FXC), CurrencyShares(SM) Euro Trust (NYSE: FXE), CurrencyShares(SM) Mexican Peso Trust (NYSE: FXM), CurrencyShares(SM) Swedish Krona Trust (NYSE: FXS) and CurrencyShares(SM) Swiss Franc Trust (NYSE: FXF).

Allstate Insurance Company has announced an eight-state test expansion for Allstate Green, an eco-friendly insurance option, which is claimed to save customers money and earmarks contributions to local environmental causes.

Life assurer announces increase of 51 per cent in first-half profits but share price falls

Syncora Holdings, a holding company whose operating subsidiaries provide financial guarantee insurance, reinsurance, and other credit enhancement products, has closed the previously announced transactions with XL Capital pursuant to the master commutation, release and restructuring agreement announced earlier.