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Hawaii credit unions sign with Fifth Third
Two Hawaii credit unions have signed contracts with an Ohio company for electronic funds transfer services.
bizjournals

Treasury seeks more information before deciding on auto aid
WASHINGTON (MarketWatch) -- The Obama Administration on Friday asked for more analysis of the requests from General Motors and Chrysler for $21 billion in additional taxpayer assistance before any more funds were released. In a statement after their first closed-door meeting, the White House's new task force on autos sent staff members back to 'conduct additional analysis' of the restructuring plans. The two Detroit carmakers have already received $17.4 billion in loans. The firms had to present plans for long-range survival as a condition for receiving the initial assistance.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.
MarketWatch.com

ETF Investing: Investors fight bear market with gold and short-selling ETFs
Defensively positioned ETFs are among the few strategies that have worked recently for investors, outside of Treasury bonds. Some of the funds that add on leverage have bagged hefty returns from the carnage in financial and real estate stocks.
Market Watch

Four little-known bank stocks that rate a buy amid the carnage
At a time when investors are fleeing the banking behemoths, sending many bank stocks to near-record lows, some analysts and fund managers still believe the sector offers good buying opportunities.
Market Watch

Govt wants Satyam to offer 51% to strategic investor
Wants to ensure sufficient funds for working expenses, class action suit; board in favour of 26%.
Business Standard

Fannie, Freddie to fund part of foreclosure fix
The White House is using only $50 billion from the $700 billion financial industry bailout package to fund the foreclosure prevention program, a senior administration official clarified Friday.
CNN

Investors seek out income as markets fall
Corporate bond funds and companies paying strong dividends are attracting investor attention as the FTSE 100 drops below 4000
FT.com

Fannie, Freddie to fund part of $75B foreclosure fix
The White House is using only $50 billion from the $700 billion financial industry bailout package to fund the foreclosure prevention program, a senior administration official clarified Friday.
CNN Money

Shell to lend Nigeria $3bn
The planned loan is to sustain the country's oil production that is at risk by a lack of government funding and an industry hit by militant attacks
FT.com

Manulife Brompton Advantaged Bond Fund Announces Initial Public Offering
TORONTO, ONTARIO--(Marketwire - Feb. 20, 2009) - Brompton Funds Management Limited (the 'Manager') is pleased to announce that Manulife Brompton Advantaged Bond Fund (the 'Fund') has filed a preliminary prospectus for a public offering of units. The Fund proposes to offer two classes of units (the 'Units') of the Fund, Class A and Class F Units, each at a price of $10.00 per Unit. Class F Units are designed for fee-based accounts and will not be listed on a stock exchange.The Fund's investment objectives are to provide unitholders with attractive monthly tax-advantaged cash distributions together with the opportunity for capital appreciation. Distributions are initially targeted to be $0.70 per annum per Class A Unit or Class F Unit consisting primarily of return of capital, representing a yield on the issue price of 7.0% per annum. The Fund will seek to achieve its investment objectives through exposure to an actively managed bond portfolio consisting primarily of North american c
Marketwire

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