latest news releases from the newsroom
Federal Home Loan Bank of Dallas
FHLBank of Dallas Awards $5.4 Million in Affordable Housing Grants
DALLAS, July 1, 2009 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (Bank) is pleased to announce that it has awarded $5.4 million in Affordable Housing Program (AHP) grants to 25 projects located in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. These AHP grants will help create or renovate 744 housing units.
eFUEL EFN, Corp.
eFUEL EFN, Corp. Announces They Have Entered Into Negotiations With Brighthouse Cable
TAMPA, Fla., July 1, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN, Corp. (Pink Sheets:EFUL) announces that they have entered into negotiations with Brighthouse Cable. eFUEL EFN, Corp. has received a Term Sheet and Proposal with respect to an advertising campaign to be run on channels such as Entertainment Network, VH-1 Music Network, True TV, Comedy Central, The Oxygen Network, CNBC, and the Travel Channel. The majority of all ads would be run during prime time slots. The company expects to finalize and execute the agreement within the next several days.
Otter Tail Corporation
Otter Tail Corporation Completes Holding Company Transition
FARGO, N.D., July 1, 2009 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) has completed its transition to a holding company structure effective July 1, 2009. As a part of the transition, newly formed Otter Tail Corporation will function as a holding company with two principal subsidiaries, Otter Tail Power Company and Varistar Corporation. Otter Tail Power Company will own and operate the regulated utility business of the corporation. Varistar Corporation will own and operate the nonelectric businesses. The nonelectric businesses are in manufacturing, health services, food ingredient processing, plastics, construction and transportation.