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Reserve Says Firm Faces Potential SEC Action The SEC is gearing up to potentially bring an enforcement action against New York investment company Reserve Management. Wall Street JournalTimberland Bancorp, Inc.: Timberland Bancorp, Inc. Receives $16.6 Million Investment From the U.S. Treasury`s Capital Purchase Program HOQUIAM, WA (MARKET WIRE) Timberland Bancorp, Inc. ('Company') (NASDAQ: TSBK), the parent company of Timberland Bank ('Bank'), today announced that it has received $16.6 million from the U.S. Treasury Department as a part of the Treasury's Capital Purchase Program. This funding marks the Company's successful completion of the sale of $16.6 million in senior preferred stock, with a related warrant to purchase up to $2.5 million in common stock to the U.S. Treasury. The transaction is part of the Treasury's program to encourage qualified financial institutions to build capital to increase the flow of financing to Marketwire.comBAM Split Corp.: BAM Split Corp. Announces Annual 2008 Results TORONTO, ONTARIO (MARKET WIRE) BAM Split Corp. (TSX: BNA) announced today that income available for distribution for the year ended September 30, 2008, was $19.4 million, compared to $19.6 million for the same period in the prior year. Operating expenses increased in the year to $3.4 million, compared to $2.6 million in the prior year, and reflects an increase in the amortization of transaction costs from the January 10, 2007 issuance of the Class AA Series III Preferred shares and the de-recognition of a future tax asset. The fair value of the company's investment portfolio decreased by $391.1 million during the year Market WireFinancial Stocks: CORRECT: ProLogis rallies, but broader sector slows Shares of ProLogis jump after the real-estate investment trust says it's selling its operations in China and property-fund interests in Japan for $1.3 billion, plus assumed liabilities. Market WatchCustoms Tariffs Benefit Decrease Causes Worry to the Industry - Electronic Times Korea The government decided to abolish or reduce customs tariffs benefit on some display manufacturing equipments, which have been non tariff items for the past 8 months. With this decision, it appears to increase investment burden on display industry ... Feed DigestTreasury adds to investments in U.S. banks (Reuters) The Treasury Department announced on Tuesday that it completed a $2.8 billion equity investment in 49 banks on Friday and invested in 43 more on Tuesday. yahoo.comCORRECT: Amex, CIT to receive TARP money (at MarketWatch) American Express Co. and CIT Group Inc. on Tuesday become the latest financial companies to receive government investments. marketwatch.comCORRECT: Amex, CIT to receive TARP money American Express Co. and CIT Group Inc. on Tuesday become the latest financial companies to receive government investments. Market WatchFrench Madoff investor commits suicide AN investment manager who lost $3 billion in the Madoff scheme was found dead after fearing his clients would take him to court. News.comNYMAGIC, INC. Provides Update on Investments for November (PR Newswire)yahoo.com 1 2 3 4 5 |
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