Latest Federal Reserve System Stories

TALLAHASSEE, Fla., July 13, 2012 /PRNewswire/ -- Florida-based Auto Data Direct, Inc., (ADD) has been appointed to a second two-year term on the National Motor Vehicle Title Information System (NMVTIS) National Advisory Board as a stakeholder representative. Jim Taylor, President of ADD will sit on the Board as its representative. (Photo: http://photos.prnewswire.com/prnh/20120713/FL40135 ) Members of the committee are appointed by the Department of Justice to advise the Bureau of...

SAINT PAUL, Minn., July 10, 2012 /PRNewswire/ -- Image Sensing Systems, Inc. (NASDAQ: ISNS) is pleased to report that a long-term Federal transportation bill extension has been signed into law. The bill, MAP-21, was signed last Friday by the President and authorizes over $100 billion in spending through the end of the Federal government's fiscal year 2014 which ends September 30, 2014. This is the first major new legislation for transportation funding since the 2005 bill ran out in...

... Team to analyze exploding mobile technology industry's impact on the banking industry at regional tech forum KANSAS CITY, Mo., July 6, 2012 /PRNewswire-USNewswire/ -- How is mobile technology impacting the economy and the banking industry? Two CEOs offering revolutionary electronic payment platforms will examine this topic alongside a senior official from the Federal Reserve Bank of Kansas City at a technology forum on Monday, July 9. Ben Milne, CEO and founder of...

HARLEYSVILLE, Pa., July 5, 2012 /PRNewswire/ -- Met-Pro Corporation (NYSE: MPR) today announced that the Company's Board of Directors, at their meeting on June 6, 2012, declared a quarterly dividend of $0.071 per share payable on September 14, 2012 to shareholders of record at the close of business on August 31, 2012. This is the twenty-first consecutive year that Met-Pro Corporation has paid a cash dividend. About Met-Pro Met-Pro Corporation, with headquarters at 160 Cassell...

SALT LAKE CITY, July 4, 2012 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase corporate bonds in its daily web-based auctions, announces its weekly auction results. In auctions closed from June 25, 2012 to June 29, 2012, investors purchasing corporate bonds in the auctions received average taxable yields 0.27 percentage points, or 27 basis points, higher than comparable bonds reported in FINRA's Trade Reporting and Compliance Engine...

OKLAHOMA CITY, July 2, 2012 /PRNewswire/ -- Oklahoma Gas and Electric (OG&E) today said that it has accepted a settlement in its nearly year-long Oklahoma rate case. Terms of the settlement include an approximate $4 million increase in the amount OG&E receives from base rates, a 10.2 percent return on equity, extension of funding for the company's System Hardening program, which is designed to improve reliability, and establishment of a procedure to expedite the recovery of...

NEW YORK, June 29, 2012 /PRNewswire-Asia/ -- China Industrial Steel, Inc. ("CIS") today announced that the Company's common stock (OTC: CDNN) has been granted eligibility status by the Depository Trust Company (DTC). The Depository Trust Company is a member of the U.S. Federal Reserve System and a registered clearing agency with the Securities and Exchange Commission. It was established to provide a safe and efficient way for buyers and sellers of securities to execute and settle...

BookBaby works with GSA to allow federal agencies to create and distribute information as eBooks Portland, OR (PRWEB) June 28, 2012 BookBaby makes it easy for writers to create and sell eBooks, and now the company is bringing that same approach to working with the federal government. The company recently completed work with the Government Services Administration (GSA) to modify its Terms of Service and discount schedule, clearing the way for US government agencies to utilize BookBaby...

SALT LAKE CITY, June 26, 2012 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase municipal bonds in its daily web-based auctions, announces its weekly auction results. In auctions closed from June 18, 2012 to June 22, 2012, investors purchasing municipal bonds in the auctions received average tax-exempt yields 0.63 percentage points, or 63 basis points, higher than similar bonds as reported by the Municipal Securities Rulemaking Board...

TALLAHASSEE, Fla., June 21, 2012 /PRNewswire/ -- Auto Data Direct, Inc. (ADD), a leader in automotive data services and National Motor Vehicle Title Information System (NMVTIS) vehicle history reports today announces that it has added bilingual vehicle history reports to its array of products. NMVTIS reports, containing DMV title data, salvage information and total loss reports, are federal vehicle histories designed to protect consumers from fraud and unsafe vehicles. By offering...