latest news releases from the newsroom
Steiner Leisure Limited
Steiner Leisure Limited Announces Agreement for Celebrity 'Solstice' Class Ships and Extensions for Celebrity and Azamara Agreements
NASSAU, The Bahamas, Dec. 3, 2008 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced that it has entered into an agreement with Celebrity Cruises under which Steiner will be the exclusive provider of all massage, acupuncture, hairdressing, beauty and fitness services on all of Celebrity's new "Solstice" class ships during the agreement term, through December 31, 2013. That agreement also extends the terms of Steiner's current agreements to provide these spa services on the other ships of Celebrity, including the Azamara brand, through December 31, 2013.
HCC Insurance Holdings
HCC to Acquire Surety Company of the Pacific
HOUSTON, Dec. 3, 2008 (GLOBE NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that the Company has executed an agreement to acquire Surety Company of the Pacific (SCP), a leading writer of license and permit bonds headquartered in Encino, California. This transaction is subject to approval of the California Department of Insurance and is expected to close during the first quarter of 2009.
The Connecticut Bank and Trust Company
U.S. Department of Treasury to Invest in CBT
HARTFORD, Conn., Dec. 3, 2008 (GLOBE NEWSWIRE) -- The U.S. Department of the Treasury gave preliminary approval on November 25 for an investment of $5.4 million in The Connecticut Bank and Trust Company (Nasdaq:CTBC). CBT is one of Connecticut's early adopters of the Treasury's program. The proceeds of the program will strengthen the Company's already strong capital position.