latest news releases from the newsroom
GlobeOp Financial Services
GlobeOp Names Chief Operating Officers for U.S. and India Operations
NEW YORK, and MUMBAI, India, Jan. 4, 2005 (PRIMEZONE) -- GlobeOp(r) Financial Services (GFS(SM)), a leading provider of fund administration and related support services for hedge funds, fund of funds and high net worth family wealth offices, today announced the promotions of two executives to new leadership posts within their regional operations. Rob Diaz, who has most recently directed multiple client service groups, was named chief operating officer of GlobeOp Financial Services LLC, the firm's New York-based operating company, and Nandini Piparaiya, who spearheaded the opening a year ago of GlobeOp's offices in Mumbai, India, was named president and chief operating officer of GlobeOp Financial Services (India) Private Limited. In their new roles, Diaz and Piparaiya will continue to report directly to Vernon Barback, GFS president and global chief operating officer.
Big Cap Communications
$1,000,000 Free Program Giveaway To Assist Consumers In `Earning $5,000, $10,000, $15,000 a Month or More' Scoring Success on Satellite Radio Announced, Publisher Berman Investment Group
NEWPORT BEACH, Calif., Jan. 4, 2005 (PRIMEZONE) -- Publisher Berman Investment Group announced today that their recent Free Book and CD offer, which was being aired on satellite radio was renewed this week based on consumer demand . The offer includes Bruce A. Berman's breakthrough book "I GOT HERE. YOU CAN TOO!" and his "Making Money" CD, which together are a $100 value, for free. For more information or for your free copy, the company distributes their free book and CD offer at www.BruceBerman.net
Fortis Takes Next Step Towards Further Reduction of its Shareholding in Assurant, Inc.
BRUSSELS, Belgium, Jan. 4, 2005 (PRIMEZONE) -- At the time of the initial public offering of Assurant in February 2004, Fortis stated its intention to dispose of its remaining stake over time. Today, at the request of Fortis pursuant to a registration rights agreement entered into at the time of the IPO, Assurant, Inc. (NYSE:AIZ), has filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed public offering of up to 27.2 million Assurant common shares, all of which will be sold by Fortis Insurance N.V.
Fortis Intends to Launch a Bond Issue Mandatorily Exchangeable for Shares of Assurant, Inc.
BRUSSELS, Belgium, Jan. 4, 2005 (PRIMEZONE) -- In line with its stated intention to reduce its shareholding in Assurant over time, Fortis today announces that it intends to launch a bond issue, mandatorily exchangeable into up to 23 million Assurant common shares or the cash value thereof at maturity of the bonds.The bond offering will be launched subject to various factors, including market conditions.