Archive for April, 2010

Asta Funding, Inc. to Report Second Quarter and Six Months Results of Fiscal Year 2010

Posted on 30. Apr, 2010 by .

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Asta Funding, Inc. ASFI, a consumer receivable asset management and liquidation firm, will report its financial results for the second quarter and six months of fiscal year 2010 ended March 31, 2010 before the market opens on Thursday, May 6, 2010.

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Fifth Third Bancorp to Present at the RBC Capital Markets 2010 Financial Institutions Conference

Posted on 30. Apr, 2010 by .

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Daniel T. Poston, executive vice president and chief financial officer of Fifth Third Bancorp FITB, will participate in a discussion regarding the Company at the RBC Capital Markets 2010 Financial Institutions Conference on Tuesday, May 4, 2010 at approximately 12:45 PM (ET).

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Asset Acceptance Names Reid E. Simpson Chief Financial Officer

Posted on 30. Apr, 2010 by .

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WARREN, Mich. — Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, announced today the appointment of Reid E. Simpson to the office of Senior Vice President and Chief Financial Officer, effective May 17, 2010. He succeeds Mark Redman, who announced his resignation in January 2010 and plans to pursue other opportunities. Mr. Redman’sresignation will be effective May 17, 2010.

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Collection Agency Donates $100,000 to Local Hospital

Posted on 30. Apr, 2010 by .

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SARTELL, Minn. – J.C. Christensen and Associates, a business unit of Array Services Group, has committed to a $100,000 charitable contribution to St. Cloud Hospital’s Women & Children’s Center. The money will be distributed to the hospital annually during the next five years.

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Chicago-Based Madison Dearborn Partners, LLC to Become Majority Shareholder in TransUnion Corp. in Partnership With the Pritzker Family

Posted on 30. Apr, 2010 by .

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TransUnion, a global leader in credit and information management, announced today that the Pritzker family business interests have reached an agreement with Chicago-based Madison Dearborn Partners, LLC. Under the terms of the agreement, Madison Dearborn Partners will acquire a 51 percent equity stake in TransUnion. The Pritzker family business interests will retain approximately 49 percent ownership of the Company.

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Salesforce.com Receives Intelligent Enterprise 2010 Editors’ Choice Award for Fifth Consecutive Year

Posted on 30. Apr, 2010 by .

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Salesforce.com CRM, the enterprise cloud computing company, today announced that it has received the 2010 Editors’ Choice Award from InformationWeek Business Technology Network’s Intelligent Enterprise. This is the fifth consecutive year that salesforce.com has received the award, which recognizes companies for exceptional vision, innovation and leadership. The company was also listed as part of “The Dozen” for the second consecutive year along with Amazon, Google, IBM, Microsoft and Oracle, which is a list of elite companies that will matter most to intelligent enterprises in 2010.

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JPMorgan Chase to Present at the UBS Global Financial Services Conference on May 11, 2010

Posted on 29. Apr, 2010 by .

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Jes Staley, Chief Executive Officer of the Investment Bank at JPMorgan Chase & Co., will present at the UBS Global Financial Services Conference at The Waldorf Astoria Hotel in New York City on Tuesday, May 11, 2010 at 12:15 p.m. (EST).

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Huntington Bank Named Fifth Largest SBA Lender in the Country for First Half of Federal Fiscal Year

Posted on 29. Apr, 2010 by .

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The U.S. Small Business Administration has ranked Huntington Bank the fifth most active SBA lender in the country for the first six months of its fiscal year, with 504 loans totaling $105 million. Huntington moved up in the rankings from its No.7 spot at the end of 2009.

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VWA and American Moving & Storage Association Join Forces to Offer ARM Services to Nationwide Membership

Posted on 29. Apr, 2010 by .

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Los Angeles and Alexandria, Va. — Vengroff, Williams and Associates (VWA), Inc., the global domain leader for Order to Cash Business Process Outsourcing, today announced a strategic partnership with the American Moving & Storage Association (AMSA) that enables VWA, as the association’s exclusive partner, to provide third-party collection services at a reduced rate to AMSA members nationwide. As an AMSA preferred provider, VWA has a number of options available to AMSA members seeking collections services for delinquent and past due accounts in both commercial and consumer lines of business.

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Aktiv Kapital Reports Rough First Quarter as it Focuses on Operations

Posted on 29. Apr, 2010 by .

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Oslo, Norway — European accounts receivable management firm Aktiv Kapital reports first quarter 2010 portfolio collection of $62.9 million, compared with $83 million in the first quarter 2009. As a consequence of few portfolio acquisitions, this decrease is in line with expectations. Operating profit was $17.6 million for the quarter, compared with $20.8 million the same period last year. Moving forward, Aktiv Kapital will continue to focus on operational improvements and seek attractive portfolio acquisition opportunities.

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