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Business Wire (Free subscription) | 11/02/2009
NEW YORK & WYOMISSING, Penn.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it has reached a community relations agreement with Russell Simmons’ Rush Communications of NYC and a labor framework agreement with the New York Hotel & Motel Trades Council, AFL-CIO in relation to a video lottery terminal gaming facility at New York’s Aqueduct...
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Business Wire (Free subscription) | 10/28/2009
HOUSTON--(BUSINESS WIRE)--American Spectrum Realty, Inc. (NYSE AMEX: AQQ) (“the Company”), a real estate investment and management company, headquartered in Houston, Texas, announced today that: Evergreen Realty REIT, Inc., a Virginia corporation (the “REIT”) has terminated its prior advisory agreement with Evergreen Realty Advisors, Inc., and has entered into...
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Business Wire (Free subscription) | 11/05/2009
LISLE, Ill.--(BUSINESS WIRE)--(NYSE: DCS) Claymore Dividend & Income Fund (the “Fund”) announces that at its reconvened 2009 annual meeting of shareholders held on November 4, 2009, shareholders of the Fund approved the new investment advisory agreement between the Fund and Claymore Advisors, LLC, the new investment sub-advisory agreement among the Fund,...
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Business Wire (Free subscription) | 10/28/2009
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Active Dividend Income Fund (NYSE: FAV) (the “Fund”) announced today that it has entered into an interim investment sub-advisory agreement with Aviance Capital Management, LLC (“Aviance”) following the automatic termination of the Fund’s sub-advisory agreement. Effective October 27, 2009, Aviance redistributed...
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NewTeeVee (Free subscription) | 10/28/2009
CBS Interactive CEO Quincy Smith is leaving his job, a move that wasn’t altogether unexpected. But the departure is clearly on good terms; CBS announced the news today with a press release headlined “QUINCY SMITH SIGNS MULTI-YEAR ADVISORY AGREEMENT WITH CBS CORPORATION.” Smith is to stay in his current role until the end of the year, [...]
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Business Wire (Free subscription) | 10/14/2009
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the shareholders of First Trust Strategic High Income Fund (NYSE: FHI), First Trust Strategic High Income Fund II (NYSE: FHY) and First Trust Strategic High Income Fund III (NYSE: FHO) (each a “Fund”) have voted to approve a new investment sub-advisory agreement for each Fund...
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Jim Hamilton’s World of Securities (Free subscription) | 09/30/2009
... authorizing the SEC to prohibit pre-dispute arbitration clauses in broker-dealer and investment advisory agreements with retail customers. While Treasury officials have reiterated that the Consumer Financial Protection Act is not intended to supersede the broad investor protection mandate of the SEC and CFTC, SIFMA believes that the Act’s broad jurisdictional grant to the new...
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Market Wire (Free subscription) | 09/25/2009
BURLINGTON, ONTARIO (MARKET WIRE) Portland Investment Counsel Inc. today announced the establishment of its official name, and further announced the completion of a sub-advisory arrangement with Manulife Financial Corporation as well as plans to terminate a select number of closed-end funds.