latest news releases from the newsroom
Federal Home Loan Bank of Cincinnati
Protective Life Insurance Company Welcomed as Member of FHLBank of Cincinnati
CINCINNATI, June 3, 2008 (PRIME NEWSWIRE) -- Protective Life Insurance Company (Protective Life) has been approved for membership at Federal Home Loan Bank of Cincinnati (FHLBank). Protective Life is the 14th insurance company to join FHLBank and is among more than 156 insurance companies in the 12-district FHLBank system. With $26.2 billion in statutory admitted assets as of March 31, 2008, Protective Life is the largest subsidiary of Protective Life Corporation, a NYSE-traded financial services company that provides a range of financial products including term life insurance, universal life insurance, annuities and asset protection products.
Portuguese Consumer Credit Company Reduces Business Costs and Risks With NetManage OnWeb
MADRID, Spain and CUPERTINO, Calif., June 3, 2008 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a software company that provides the fastest way to transform legacy applications into new Web-based business solutions, today announced that Credifin (Laser Group), a Portuguese company that specializes in consumer credit, has chosen NetManage's OnWeb(r) solution to reduce the costs and the risks of developing Web interfaces.
Delta Air Lines, Inc.
Delta CEO Says Company 'Holds Best Hand in the Industry'
NEW YORK, June 3, 2008 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL) CEO Richard Anderson today told shareowners that Delta "holds the best hand in the industry." Anderson outlined several areas of success including the best employees in the industry, double-digit top line growth and the continuous expansion of the airline's international network.