latest news releases from the newsroom
PIMCO Corporate Income Fund
PIMCO Corporate Income Fund, PIMCO Corporate Opportunity Fund, PIMCO High Income Fund, PIMCO Floating Rate Income Fund, and PIMCO Floating Rate Strategy Fund Announce Additional Partial Redemption of Auction Rate Preferred Shares
NEW YORK, March 12, 2009 (GLOBE NEWSWIRE) -- PIMCO Corporate Income Fund (NYSE:PCN), PIMCO Corporate Opportunity Fund (NYSE:PTY), PIMCO High Income Fund (NYSE:PHK), PIMCO Floating Rate Income Fund (NYSE:PFL) and PIMCO Floating Rate Strategy Fund (NYSE:PFN) (each a "Fund" and collectively, the "Funds") today announced each Fund will redeem, at par, a portion of its Auction Rate Preferred Shares ("ARPS"), beginning March 30, 2009 for PCN, PTY, PHK and PFN and beginning April 1, 2009 for PFL, and concluding for all Funds on April 3, 2009.
Brightpoint Enters Into Logistics Agreement With Franklin Wireless
INDIANAPOLIS, March 12, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) announced today that its subsidiary Brightpoint North America L.P. ("Brightpoint") has entered into an agreement with Franklin Wireless Corporation ("Franklin Wireless") to provide customized logistic services. Pursuant to the agreement, Brightpoint will provide a variety of integrated logistic services for Franklin Wireless' Dual Mode CDMA/WiMAX product, including receiving, warehousing, fulfillment, programming, order management and limited distribution to Franklin Wireless customers throughout the United States.