DrStockPick.com Stock Report! 11/04/09, CSRH, KYN, AET, CA, BK, EGN
Source: http://drstockpick.com/?p=4484Posted on Wednesday, November 4th, 2009 | In Investing Lessons, Stocks to Watch
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Wednesday November 4, 2009
DrStockPick.com Stock Report!
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Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has proceeded to launch its consumer stored value rebate card. The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs. Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be available to all parties through unspent funds remaining on the card after expiration.
Kayne Anderson MLP Investment Company (NYSE: KYN) announced today that it expects to complete a private placement of $110 million, aggregate principal amount, of senior unsecured fixed and floating rate notes (the “Senior Unsecured Notes”). Net proceeds from the private placement will be used to repay certain of the Company’s current borrowings. Detailed terms of the Senior Unsecured Notes, as well as information on the current borrowings that are being repaid, will be provided when the transaction closes.
Aetna (NYSE: AET) announced today that it and Magic Johnson Enterprises (MJE) will be co-hosting a free “Magic@50″ Community Health EXPO at the Shiloh Baptist Church-Family Life Center (1500 9th Street NW, Washington, DC 20001) on Saturday, November 7. The EXPO is free and open to the public, running from 10 a.m. to 2 p.m. EST.
CA (Nasdaq: CA), the world’s leading independent IT management software company, today announced that Richard Sulpizio has been elected to its Board of Directors effective immediately. Sulpizio also has been named to both the Board’s Compensation and Human Resources and Corporate Governance Committees.
BNY Mellon Corporate Trust (NYSE: BK) has been appointed trustee, paying agent and registrar for FYI Properties’ $305 million bond issue, the proceeds of which will help the State of Washington finance its new Technologies Building. FYI Properties is a nonprofit corporation created by the National Development Council to finance, build and maintain the State of Washington’s IT facilities.
Energen Corporation (NYSE:EGN) senior management will meet with the investment community members in New York and Boston beginning Monday, November 9, 2009. The company will host investment community meetings in New York on Tuesday, November 10, and in Boston, on Wednesday, November 11. The Company will broadcast these presentations live over the Internet at approximately 12:30 p.m. ET. The slides to be used in the presentations will be available for viewing on Energen’s home page beginning Monday, November 9, 2009, at 10:00 a.m. ET.
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