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Latest Federal Reserve System Stories

2013-01-22 20:21:26

GREENSBORO, N.C., Jan. 22, 2013 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) today announced that its Board of Directors approved a new stock repurchase program to acquire up to $50 million of the Company's common stock. The new repurchase program replaces the existing program, which authorized the repurchase of up to 3,333,333 shares of common stock, but which had been suspended since November 2003. Under the new repurchase program, the Company is authorized to repurchase shares at...

2013-01-15 08:21:21

NEW YORK, January 15, 2013 /PRNewswire/ -- With the Recent Performance Weighing on Investors' Minds, Analysts Look to Whether the Company Can Remain Strong in the Face of Considerable Change In a bid to out-maneuver the Federal Reserve's recent policy changes involving interest rate spreads, Annaly Capital Management, Inc. (NYSE: NLY) [Full Research Report [http://www.nationaltradersassociation.org/r/full_research_report/f84a_NLY ]](1) is looking to fully acquire shares...

2013-01-09 12:27:32

WASHINGTON, Jan. 9, 2013 /PRNewswire-USNewswire/ -- Financial Service Centers of America (FiSCA) today harshly criticized U.S. Treasury for yesterday's announcement asserting that all recipients of federal government benefits must select a form of electronic means of payment (either direct deposit or debit card) for their benefits by March 1, 2013, or be in violation of Federal law. This position is inconsistent with testimony offered to Congress last fall which clearly...

2013-01-08 16:22:17

NEW YORK, Jan. 8, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that the average national rate on a 4-year and 5-year CD fell 0.01 percent based on data collected from over 90,000 financial institution locations. RateWatch also reported today the top rate issuers across the nation along with financial strength ratings. (Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) The main reason for...

2012-12-25 05:01:08

http://www.kyriba.com --With the expiry of the Federal Deposit Insurance Corp´s (FDIC) Transaction Account Guarantee (TAG) program confirmed for December 31, treasury departments now have a certain date to make decisions about where they want to hold their cash balances. New York, US (PRWEB) December 24, 2012 Read article: http://bit.ly/UXlrgU With the expiry of the Federal Deposit Insurance Corp´s (FDIC) Transaction Account Guarantee (TAG) program confirmed for December 31,...

2012-12-23 00:20:13

WASHINGTON, Dec. 23, 2012 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau: (Logo: http://photos.prnewswire.com/prnh/20110428/DC91889LOGO) SUNDAY, DECEMBER 23: THE FEDERAL RESERVE Profile America -- Sunday, December 23rd. An organization that has been in the news a lot this year, and which has come in for its share of criticism during the nation's current fiscal problems, observes the 99th anniversary of its founding today. The...

2012-12-13 12:22:07

TORONTO, Dec. 13, 2012 /CNW/ - Ottawa must move carefully in deciding the best role for the Bank of Canada in preventing threats to financial stability, according to a report released today by the C.D. Howe Institute. In "Seeking Financial Stability: The Best Role for the Bank of Canada," former Bank of Canada Governor John Crow assesses how much of a role the Bank should play in this new policy front. Since the 2008/09 financial crisis, notes Crow, each G-20 country has had a...

2012-12-12 08:28:43

GARFIELD, N.J., Dec. 12, 2012 /PRNewswire/ -- Papertec Inc.(PAPERTEC), one of the country's leading converters and distributors of specialty papers, films and board, is pleased to announce that they have been awarded a GSA Schedule 81 contract (GS-02F-0162X) and are now certified to supply converted paper products to the Federal Government. Acknowledging the growth in federal spending through the GSA, Papertec has placed their wide selection of paper products, tapes, and wraps on the...

2012-12-05 20:21:07

WHITE PLAINS, N.Y., Dec. 5, 2012 /PRNewswire/ -- Bunge Limited (NYSE: BG) today announced that its Board of Directors has approved a $275 million increase in the size of its existing share repurchase program. Additionally, the share repurchase program, which was scheduled to expire on December 31, 2012, was extended for an indefinite period. Alberto Weisser, Bunge's Chairman and Chief Executive Officer, stated, "Our decision to increase the size of our share repurchase program...

2012-12-03 20:21:28

SACRAMENTO, Calif., Dec. 3, 2012 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) ("McClatchy" or the "Company") announced today that it has amended and restated its previously announced offer to purchase for cash ("Offer") its outstanding 11.50% senior secured notes due 2017 (the "Notes") and solicitation of consents (the "Consent Solicitation") relating to its outstanding Notes to increase the amount the Company is offering to purchase in the Offer from up to $700 million aggregate...