|
In the news
|
|
Health Care Services M&A Posts Second-Highest Dollar Level in 2007, According to Irving Levin Associates, Inc.
Merger and acquisition activity in the health care industry's service sectors moderated in 2007 after the record year set in 2006. A total of 489 deals were announced in nine sectors of the health care services industry, down 8% from the 534 deals announced in 2006. Even though the dollar value of those deals declined 37% from $90 billion in 2006 to $57 billion in 2007, 2007 still outspent every other year. "While the M&A market for health care services rode a bull market from 2003 through the middle of 2007, the recent crisis in the credit markets tempered activity in the second half of the year. Still, our figures reveal that 2007 is the second-largest year ever in terms of dollars committed to health care services M&A," commented Sandy Steever, editor of The Health Care Acquisition Report, Fourteenth Edition. "While the credit crisis sidelined a number of financial buyers toward the end of 2007, especially private equity firms, strategic buyers, who had avoided bidding wars with financial buyers, entered and picked up the slack in the market. The relative absence of financial buyers appears to have depressed acquisition pricing from the middle of 2007 through the present," continued Mr. Steever. (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/health/service/prweb801704.htm
Full Story
|
Pentagon to look at plans for Lockheed plane: WSJ
(Reuters)
Reuters - The Pentagon's senior weapons buyers
are scheduled to meet on Wednesday to weigh plans to purchase
2,458 of the F-35 Lightning II aircraft from Lockheed Martin
Corp , a deal that could cost up to $1 trillion to
develop over the coming decades, the Wall Street Journal said.
Full Story
|
U.S. cable companies discuss funding wireless venture
(Reuters)
Reuters - Comcast Corp and Time Warner
Cable Inc, the two largest U.S. cable operators, are discussing
a plan to fund a new wireless company that would be run by
Sprint Nextel Corp and Clearwire Corp, people familiar with the
discussions said on Tuesday.
Full Story
|
Clear Channel buyout in trouble: source
(Reuters)
Reuters - The $20 billion leveraged buyout of
U.S. radio operator Clear Channel Communications Inc
was in jeopardy on Tuesday, with banks increasingly reluctant
to provide financing, a source familiar with the situation
said.
Full Story
|
Government benefit programs in trouble
(AP)
AP - Trustees for the government's two biggest benefit programs warned that Social Security and Medicare are facing "enormous challenges" with the threat to Medicare's solvency far more severe.
Full Story
|
Vanguard Financial Advisory Services and Advisor Impact Release New Study on Investor Attitudes and Perceptions of Financial Advisors
In a keynote presentation at this year's FPA Business Solutions conference held March 3-5 at the Westin O'Hare in Chicago, Illinois, Julie Littlechild, President of Advisor Impact, presented new information based on a survey of 1000 investors. There are implications for both investors and the advisors who serve them. The goal, according to Littlechild, was to understand what drives investor loyalty to, and satisfaction with, financial advisors and the extent to which those needs are being met today. (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/03/prweb779104.htm
Full Story
|
Outsource Partners International Opens Office in Delhi, India to Support Research & Analytics Outsourcing
Outsource Partners International, Inc. (OPI), a leading provider of finance, accounting & tax business process outsourcing (BPO) and related services, today announced the growth of its business with the opening of a Delhi, India service center. The service center will house 200 professional staff dedicated to the delivery of high-end, finance related research and analytics (R&A) outsourcing. (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/research/partners/prweb802144.htm
Full Story
|
Financial Institutions Tap into New Model of Service Delivery to Boost Efficiency and Reduce Costs: New Study from Booz Allen Identifies Benefits and Obstacles to ``Process Utilities'' - the Next Generation of Shared Services
Financial institutions struggling to manage costs are turning to a new model of service delivery, focused on customer-facing activities such as opening accounts and billing statements, to achieve savings and operating efficiencies, finds a new study by the Economist Intelligence Unit, sponsored by the management consulting firm Booz Allen Hamilton. (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/booz_allen/process/prweb800504.htm
Full Story
|
Two of Team Resources' Kansas Wells Hit Oil and Gas: Team Resources' Direct Participation Program Natural Gas & OilChoice Development Fund I, L.P. Will Soon Begin Oil and Gas Production
Team Resources, Inc. an independent oil and gas company is excited to announce that its limited partnership Natural Gas & Oil Choice Development Fund I, L.P., will soon begin oil and gas production in Kansas. (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/team_resources/development/prweb803764.htm
Full Story
|
BCAJ Southern California Insurance Center Helps Seniors in a Down Trending Economy with Life Insurance Settlements
Seniors May Be Able To Cash in Life Insurance Policies to Finance Dreams (PRWeb Mar 25, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/03/prweb797524.htm
Full Story
|
Archive
|