Yahoo! Canada Finance: Asset Management Industry News

Hospira to Present at Piper Jaffray 21st Annual Health Care Conference Dec. 2

Fri, 06 Nov 2009 22:36:52 GMT

PRNewswire - Hospira, Inc. (NYSE: HSP), a leading global specialty pharmaceutical and medication delivery company, today announced that the company will present at the Piper Jaffray 21st Annual Health Care Conference on Wednesday, Dec. 2, 2009 in New York City.

Brookfield Asset Management EPS beats analyst Q3 estimates

Fri, 06 Nov 2009 19:23:00 GMT

The Canadian Press - TORONTO - The next two years offer an "exceptional" opportunity for those with both the capital and the expertise to invest in global infrastructure projects, the chief executive of Brookfield Asset Management Inc. (TSX:BAM.A) said Friday.

Westwood One to Report Third Quarter 2009 Results in Teleconference Call on Monday, November 9, 2009

Fri, 06 Nov 2009 15:38:54 GMT

PRNewswire - Westwood One (OTC Bulletin Board: WWOZ) announced today that the company will report third quarter earnings for 2009 on Monday, November 9, 2009.

Arbor Realty Trust Reports Third Quarter 2009 Results Third Quarter Highlights:- Net loss attributable to Arbor Realty Trust, Inc. of $44.1 milli

Fri, 06 Nov 2009 13:30:44 GMT

PRNewswire - Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, today announced financial results for the third quarter ended September 30, 2009.

Investor Advisory: Adobe CEO to Keynote at Piper Jaffray Global Internet Summit

Thu, 05 Nov 2009 22:43:10 GMT

Business Wire - Adobe Systems Incorporated (Nasdaq:ADBE) today announced its president and CEO, Shantanu Narayen, will deliver a keynote presentation at the following event with the financial community:

Westwood to Lower Expense Ratio on Institutional Shares of WHG Income Opportunity and WHG Balanced Funds by 10%

Thu, 05 Nov 2009 17:43:19 GMT

Business Wire - Westwood Holdings Group, Inc. (NYSE: WHG) today announced that they have lowered the expense ratio on the WHG Income Opportunity and WHG Balanced Funds.

MasterCard to Host Investment Community Webcast at the 2009 Piper Jaffray Financial Services Summit

Thu, 05 Nov 2009 17:05:33 GMT

PRNewswire - On Thursday, November 12, Joshua Peirez, Group Executive, Innovative Platforms for MasterCard (NYSE: MA), will participate in the Piper Jaffray Financial Services Summit in Boston, MA.

Old Mutual Asset Management (US) Reports Increase in Affiliates' Assets Under Management for Q3 2009

Thu, 05 Nov 2009 15:33:25 GMT

PRNewswire - Old Mutual Asset Management, the U.S. asset management group of Old Mutual plc (LSE: OML), announced assets under management (AUM) by the group's investment affiliates of $260 billion, as of September 30, 2009.

CPP bids $11B for two firms

Thu, 05 Nov 2009 15:03:38 GMT

CBC - The Canada Pension Plan Investment Board moved for an Australian toll operator and a U.S.-based health firm in two deals valued at more than $11 billion US Thursday.

Paramount Hotel Group Named Manager of Three Florida Distressed Hotels Expands Hotel Work-out Management, Receivership and Asset Management Activity;

Thu, 05 Nov 2009 14:15:14 GMT

PRNewswire - Paramount Hotel Group, an independent hotel management and ownership group, today announced that it has been named by institutional lenders in two separate transactions to operate three hotels currently in foreclosure and has an active pipeline of additional distressed properties.

Canadian pensions bid $6.6B for toll road operator

Thu, 05 Nov 2009 12:31:56 GMT

CBC - Australia's biggest toll road operator has reportedly rejected a $6.6 billion takeover bid from Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan.

Hennessy Funds Wins First MFEA STAR Awards

Wed, 04 Nov 2009 22:03:18 GMT

PRNewswire - Hennessy Advisors, Inc. (OTC Bulletin Boarad: HNNA) Hennessy Advisors, Inc., investment manager of the Hennessy Funds, has announced that Hennessy Funds has received two 2009 STAR Awards for excellence in mutual fund marketing and communications.

SEAMARK Asset Management Ltd. Reports Third Quarter Financial Results

Wed, 04 Nov 2009 21:26:17 GMT

CNW Group - SEAMARK Asset Management Ltd. today announced a loss of $0.02 per share for the third quarter of 2009.

Shutterfly CEO to Present at the Piper Jaffray Global Internet Summit

Wed, 04 Nov 2009 21:06:09 GMT

Business Wire - Shutterfly, Inc. (NASDAQ:SFLY), the leading Internet-based social expression and personal publishing service, today announced that Jeffrey Housenbold, president and chief executive officer, will speak at the Fifth Annual Piper Jaffray Global Internet Summit on the Personal Content Sharing Panel.

Borders(R) Presents 'New Moon Live' - a Live, Global Webcast Featuring Top Twilight/New Moon Fansites on Sunday, Nov. 15 from Los Angeles Borders Wes

Wed, 04 Nov 2009 14:05:06 GMT

PRNewswire - Borders will host and present a live video Webcast featuring the Web's top Twilight and New Moon fansites from the Borders Westwood store in Los Angeles on Sunday, Nov. 15 at 2 p.m.

Conceptus® to Present at the Lazard Capital Markets 6th Annual Healthcare Conference

Wed, 04 Nov 2009 13:45:43 GMT

Business Wire - Conceptus, Inc. (Nasdaq: CPTS), developer of the Essure® procedure, the first proven non-incisional permanent birth control method available, today announced that Mark Sieczkarek, president and chief executive officer, will present at the Lazard Capital Markets 6th Annual Healthcare Conference on Tuesday, November 17, 2009, at 2:10 p.m. ET.

Research and Markets: US Asset Management Sector Report: an Essential Tool to Help Your Company Gain an in-Depth Knowledge and Competitive Advantage i

Wed, 04 Nov 2009 13:32:59 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/4d6a09/us_asset_managemen) has announced the addition of the "US Asset Management Sector: Sector Report" report to their offering.

Genstar Names Hal Strong Operating Executive Former Russell Investments Vice Chairman to Strengthen Genstar's Operating Expertise in the Financial Se

Wed, 04 Nov 2009 13:30:25 GMT

PRNewswire - Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the life sciences, healthcare services, software & software services, financial & business services, and industrial technology industries, today announced the appointment of Hal Strong, former Vice Chairman of Russell Investments, as an Operating Executive.

NHS Highland Selects ClickSoftware for Optimized Mobile Workforce and Asset Management

Wed, 04 Nov 2009 13:01:35 GMT

PRNewswire - ClickSoftware Technologies Ltd. (NasdaqGS: CKSW), the leading provider of workforce management and service optimization solutions announced today that NHS Highland, a regional health service provider, has selected their field service optimization solutions as the platform to efficiently manage their maintenance technicians across their Primary care community.

Stock Market Decline in October Trims Funding Status of U.S. Pensions, According to BNY Mellon Asset Management Funding Status of Typical Corporate P

Wed, 04 Nov 2009 12:49:06 GMT

PRNewswire - U.S. stocks declined for the first time in eight months, driving down the funding status of the typical U.S. corporate pension plan by 0.4 percentage points in October, according to monthly figures published by BNY Mellon Asset Management. The funded status of the typical plan declined to 79.9 percent at the end of October, down from 80.3 percent at the end of September, according to the BNY Mellon statistics.

OfficeMax Contributes Shares of OfficeMax Common Stock to Its Qualified Pension Plans Voluntary excess contribution reduces underfunded balance and m

Wed, 04 Nov 2009 01:04:20 GMT

PRNewswire - OfficeMax Incorporated (NYSE: OMX), a leader in office products and services, today announced that it has completed the voluntary excess contribution of 8,331,722 shares of OfficeMax common stock to its frozen qualified pension plans.

RBC Asset Management Inc. and Phillips, Hager & North October sales results

Tue, 03 Nov 2009 22:01:47 GMT

CNW Group - RBC Asset Management Inc. (RBC AM) and Phillips, Hager & North (PH&N) announced October net redemptions of $884 million.

Cubist Pharmaceuticals to Present at Lazard Capital Markets 6th Annual Healthcare Conference

Tue, 03 Nov 2009 20:13:57 GMT

Business Wire - Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) today announced that Robert Perez, EVP and COO, will present on Wednesday, November 18, 2009 at 1:45 p.m.

Google to Present at the Fifth Annual Piper Jaffray Global Internet Summit

Tue, 03 Nov 2009 19:05:55 GMT

Business Wire - Google Inc. (NASDAQ:GOOG) announced today that Bradley Horowitz, Vice President, Product Management, will participate in a question-and-answer session at the Fifth Annual Piper Jaffray Global Internet Summit in Menlo Park, California.

Motion Picture Industry Pension and Health Plans Names New Executive Administrative Director

Tue, 03 Nov 2009 18:54:55 GMT

Business Wire - The Board of Trustees of the Motion Picture Industry Pension and Health Plans (MPIPHP) today announced that David B.

Digital River Management to Speak at the Lazard Capital Markets Technology & Media Best Ideas Investor Day

Tue, 03 Nov 2009 18:19:11 GMT

Business Wire - Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, announced that the company is presenting at the Lazard Capital Markets Technology & Media Best Ideas Investor Day in San Francisco, Calif.

NDP to call for bankruptcy pension protection

Tue, 03 Nov 2009 17:53:26 GMT

CBC - The NDP said Tuesday it will introduce new legislation to protect employees' pensions when companies go bankrupt in an effort to prevent a situation like that currently facing Nortel retirees.

Broadmark Asset Management Hires President of Global Distribution

Tue, 03 Nov 2009 15:54:35 GMT

Business Wire - Broadmark Asset Management, LLC (Broadmark) has appointed Ricardo L. Cortez as President of Global Distribution.

Michael J. Castellano, Chief Financial Officer, Lazard, to Present at Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference

Mon, 02 Nov 2009 21:53:26 GMT

Business Wire - Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is scheduled to...

Asset Acceptance Capital Corp. Reports Third Quarter 2009 Results

Mon, 02 Nov 2009 21:30:33 GMT

Business Wire - Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today announced results for the quarter ended September 30, 2009.

SanDisk to Present at the Lazard Capital Markets Investor Day

Mon, 02 Nov 2009 21:17:26 GMT

Business Wire - SanDisk Corporation (Nasdaq:SNDK) today announced that Sanjay Mehrotra, President and Chief Operating Officer, will present to the investment community attending the Lazard Capital Markets Technology & Media Best Ideas Investor Day in San Francisco on Thursday, November 5, 2009 at 11:00am Pacific Time.

Cumberland Pharmaceuticals to Present at Lazard Healthcare Conference in New York on November 17, 2009

Mon, 02 Nov 2009 14:46:57 GMT

PRNewswire - Cumberland Pharmaceuticals Inc. (Nasdaq: CPIX), a specialty pharmaceutical company focused on hospital acute care and gastroenterology markets, today announced that Chief Executive Officer A.J.

Arcadia Resources to Present at Lazard Healthcare Conference in New York

Mon, 02 Nov 2009 14:25:09 GMT

PRNewswire - Arcadia Resources, Inc. (NYSE Amex: KAD), a leading provider of innovative consumer health care services under the Arcadia HealthCare(SM) brand, today announced President and CEO Marvin R.

LPS Announces Acquisition of Auction Solutions Provider for Residential REO Properties Auction Component Expands Servicers' REO Disposition Options a

Mon, 02 Nov 2009 13:48:42 GMT

PRNewswire - Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today announced its acquisition of Rising Tide Auctions, which is known for its market-leading property auction expertise and innovative property auction strategy.

BNY Mellon Asset Management Acquires Stake in Siguler Guff Extends Capabilities in Distressed Debt and Private Equity Fund of Funds

Mon, 02 Nov 2009 13:01:49 GMT

PRNewswire - BNY Mellon Asset Management has acquired a 20% minority interest in Siguler Guff & Company LLC (and certain related entities), a multi-strategy private equity firm with approximately $8 billion in assets under management and committed capital.

Gen-Probe to Webcast Two Upcoming Investor Presentations - Oppenheimer 20th Annual Healthcare Conference on November 3 -- Lazard Capital Markets 6th

Fri, 30 Oct 2009 20:01:08 GMT

PRNewswire - Gen-Probe Incorporated (Nasdaq: GPRO) announced today that the Company will present at the Oppenheimer 20th Annual Healthcare Conference in New York on November 3, 2009 at approximately 2:10 p.m. Eastern time, and at the Lazard Capital Markets 6th Annual Healthcare Conference in New York on November 18, 2009 at approximately 9 a.m. Eastern time.

NFN Leads the Way as National Spokesunion for Pension Reform

Fri, 30 Oct 2009 16:36:23 GMT

Business Wire - National Federation of Nurses (NFN) President Barbara Crane, RN, joined Congressmen Earl Pomeroy (D-ND) and Pat Tiberi (R-OH) Tuesday, October 27 at the House Triangle in Washington DC to introduce groundbreaking legislation to help defined benefit pension plans weather the country’s current economic downturn.

HealthSouth to Present at 6th Annual Lazard Healthcare Conference

Fri, 30 Oct 2009 15:43:41 GMT

PRNewswire - HealthSouth Corporation (NYSE: HLS) today announced it will participate in the 6th Annual Lazard Healthcare Conference in New York on Nov. 17-18, 2009.

Early Termination of HSR Waiting Period Granted by FTC for Acquisition of Simmons by Ares Management LLC and Ontario Teachers' Pension Plan

Thu, 29 Oct 2009 21:54:29 GMT

PRNewswire - Simmons Bedding Company ("Simmons" or the "Company"), a leading manufacturer of premium-branded bedding and an indirect subsidiary of Simmons Company, along with Ares Management LLC ("Ares") and Ontario Teachers' Pension Plan ("Teachers'"), today announced that each has received notice from the Federal Trade Commission ("FTC") granting early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR").

Entergy Announces Support of Bill to Provide Relief to Pension System Pomeroy-Tiberi Proposal Protects Pensions, Preserves Jobs

Thu, 29 Oct 2009 17:36:31 GMT

PRNewswire - Entergy Corporation (NYSE: ETR) Executive Vice President Curt L. Hebert today announced the company's...

Iron Capital Announces Wealth Management Practice New service offers complete asset management

Thu, 29 Oct 2009 13:00:51 GMT

PRNewswire - Iron Capital Holdings, a venture focused private equity services firm, today announced the launch of Iron Capital Wealth Management, a new division that will offer financial advisory services to high net worth individuals.

SEAMARK, GrowthWorks to form new Canadian asset management company

Thu, 29 Oct 2009 12:19:47 GMT

CNW Group - SEAMARK Asset Management Ltd. and GrowthWorks Ltd. have entered into a business combination agreement to form a mid-sized, diversified asset management company that will enhance the competitive position of both companies, SEAMARK Chief Executive Officer Brent Barrie announced today.

OfficeMax Reports Third Quarter 2009 Financial Results and Announces Plan for Voluntary Excess Contribution of Company Stock to Pension Plan

Thu, 29 Oct 2009 10:00:17 GMT

PRNewswire - OfficeMax Incorporated (NYSE: OMX) today announced the results for its third quarter ended September 26, 2009.

Coastal Contacts Inc. to Participate in the Fifth Annual Piper Jaffray Global Internet Summit

Thu, 29 Oct 2009 01:04:49 GMT

GlobeNewswire - Coastal Contacts Inc. (TSX:COA) announced today that Coastal Contacts has been invited to participate at the Fifth Annual Piper Jaffray Global Internet Summit to be held November 10-11, 2009 at the Rosewood Sand Hill, in Menlo Park, California.

Ontario's government to unveil first batch of pension changes next month

Wed, 28 Oct 2009 22:49:00 GMT

The Canadian Press - TORONTO - Ontario will move ahead with the first part of its pension reform next month as it seeks to get plans on more solid footing and ensure consistency across provinces.

Research and Markets: Personal Accounts: The Future of Pension Provision

Wed, 28 Oct 2009 17:16:35 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/d46a2a/personal_accounts) has announced the addition of the "Personal Accounts: The Future of Pension Provision" report to their offering.

Benefits of new pension rules likely years away

Wed, 28 Oct 2009 15:44:09 GMT

CBC - Canadians likely won't benefit from some of the proposed federal changes to pension plan rules until a decade from now, says the head of a group representing Nortel retirees.

Pension Benefit Information and RolloverSystems, Inc. Form Joint Venture Enabling 401(k) Plan Sponsors and Advisors to Easily Manage Terminated Partic

Wed, 28 Oct 2009 15:17:02 GMT

PRNewswire - RolloverSystems, Inc. (RSI) and Pension Benefit Information (PBI) today announced a partnership to help 401(k) plan sponsors, their advisors, and third-party administrators easily manage the accounts of terminated participants, keep their savings invested in retirement, and reduce plan costs.

Lazard Ltd Reports Third-Quarter and Nine-Month 2009 Results

Wed, 28 Oct 2009 11:10:22 GMT

Business Wire - Lazard Ltd (NYSE: LAZ) today announced financial results for the third quarter and first nine months ended September 30, 2009.

Premier Power to Present at Fourth Annual Piper Jaffray Solar Symposium at Solar Power International 2009

Wed, 28 Oct 2009 10:30:26 GMT

Business Wire - Premier Power Renewable Energy (OTCBB: PPRW), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets in the U.S., Spain and Italy, will be presenting at the Fourth Annual Piper Jaffray Solar Symposium, in conjunction with Solar Power International 2009, today, Wednesday, October 28, 2009, at 10:00 a.m.

Ottawa's pension reforms get tepid response from pensioners, analysts

Tue, 27 Oct 2009 23:29:00 GMT

The Canadian Press - OTTAWA - The federal government has moved to head off mounting anger among Canada's pensioners, announcing a series of reforms designed to put plans on a sounder footing and extend protections.

Nortel retirees welcome federal pension reform

Tue, 27 Oct 2009 22:39:55 GMT

CBC - Nortel pensioners are welcoming news that the federal government is reforming federally regulated pensions and that the Liberal party has launched a working group to study pensions, even though those actions won't affect the Nortel pensioners directly.

Ottawa's pension reforms give greater guarantees to workers

Tue, 27 Oct 2009 20:18:00 GMT

The Canadian Press - OTTAWA - Ottawa has announced it will change the way federally-regulated company pension plans are run to provide greater protection for retirees.

Synaptics to Present at Lazard Capital Markets Technology & Media Best Ideas Investor Day

Tue, 27 Oct 2009 20:15:15 GMT

PRNewswire - Synaptics (Nasdaq: SYNA), a leading developer of human interface solutions for mobile computing, communications, and entertainment devices, today announced that members of the executive management team will present to the investment community at the Lazard Capital Markets Technology & Media Best Ideas Investor Day on Thursday, November 5, 2009 at 2:00 pm Pacific Time.

Lazard Declares Quarterly Dividend

Tue, 27 Oct 2009 20:10:05 GMT

Business Wire - Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.125 per share on its outstanding Class A common stock.