Latest Phoenix Companies (PFX) Headlines Phoeni
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Phoenix declares consent of bondholders in solicitation relating to 7.45% quarterly interest bonds due 2032
M2 - Fri Feb 21, 3:34AM CST
The Phoenix Companies Inc (NYSENX), a provider of life insurance solutions, on Thursday disclosed the consent of 72% bondholders holding the majority in principal amount of its 7.45% quarterly interest bonds due 2032 (CUSIP 71902E 20 8) (NYSEFX), to amend the indenture governing these and provide a related waiver.
The Phoenix Companies, Inc. (NYSENX) Announces Success of Consent Solicitation Relating to 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) (NYSEFX)
Business Wire - Thu Feb 20, 5:05PM CST
The Phoenix Companies, Inc. (NYSENX) today announced the consent of bondholders holding the majority in principal amount of its 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) (NYSEFX) to amend the indenture governing the bonds and provide a related waiver. The consents received represent approximately 72% of the outstanding principal amount.
Jean Blackwell Elected to Celanese Board of Directors
Business Wire - Tue Feb 11, 8:00AM CST
Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that Jean Blackwell has been elected to the company's board of directors effective February 11. Blackwell is a former executive vice president, corporate responsibility, of Cummins Inc., a global power leader that designs, manufactures, distributes and services diesel and natural gas engines and engine related component products. Previously, Blackwell served as chief financial officer of Cummins Inc. Prior to joining Cummins, Blackwell was a partner at an Indianapolis law firm. Blackwell also serves as a member of the board of directors of United Stationers Inc., a leading national wholesale distributor of business products, and previously served as a director of Phoenix Companies Inc., a life insurance company.
The Phoenix Companies, Inc. (NYSENX) Commences Consent Solicitation to Amend Indenture for 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) (NYSEFX)
Business Wire - Thu Jan 23, 3:42PM CST
The Phoenix Companies, Inc. (NYSENX) today commenced its previously announced solicitation of bondholders holding its 7.45% Quarterly Interest Bonds Due 2032 (CUSIP 71902E 20 8) seeking a consent to amend the indenture governing the bonds and provide a related waiver.
Bokoni Platinum Mine concludes wage agreement
PR Newswire - Thu Dec 19, 7:00AM CST
Atlatsa Resources Corporation ("Atlatsa" or the "Company") (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) is pleased to advise that its operating subsidiary, Bokoni Platinum Mines Pty Ltd ("Bokoni Mine") has reached a wage agreement with NUM, TAWUSA and UASA, the recognised trade unions at its mine operations.
70% of Annuity Professionals Said Guaranteed Lifetime Withdrawal Benefits Were a "Must Have" Feature Over the Last Year
Business Wire - Tue Oct 29, 2:00PM CDT
In response to a survey by The Phoenix Companies, Inc. (NYSENX), nearly 70% of annuity professionals said that, over the last 12 months, guaranteed lifetime withdrawal benefits (GLWB) were a "must have" feature for annuities sales. Annuity professionals predicted a range of options, including GLWBs, as must-have features in the coming year, with 37% saying that GLWBs alone will be a "must have" feature. The survey polled annuity professionals at the National Association for Fixed Annuities' 2013 NAFA IMO Summit in Aspen, Colo., which was held Oct. 16-18.
Fitch Withdraws Ratings of Phoenix Companies, Inc.
Business Wire - Fri Jul 26, 10:43AM CDT
Fitch Ratings has withdrawn the 'B' holding company Issuer Default Rating of Phoenix Companies, Inc. (PNX) and the 'BB+' Insurer Financial Strength (IFS) ratings of PNX's primary insurance operating subsidiaries. The Ratings are being withdrawn without resolving the current Rating Watch Negative.
Investor Alert: Federman & Sherwood Reminds Investors with Losses in The Phoenix Companies, Inc. of Upcoming Deadline in Securities Class Action Lawsuit
Business Wire - Tue Jun 11, 2:32PM CDT
Federman & Sherwood announces that on April 17, 2013, a class action lawsuit was filed in the United States District Court for the District of Connecticut against The Phoenix Companies, Inc. (NYSE: PNX) for possible federal securities laws violations surrounding the Company's failure to disclose adverse facts to investors about the Company's business practices, operations and prospects. More specifically, The Phoenix Companies, Inc. ("Phoenix" or the "Company") failed to disclose to its investors and the investing public that the Company: (i) improperly classified certain deposits and withdrawals of universal life and variable universal life products/insurance as part of its cash flows used in continued operations; (ii) improperly reported certain fees and interest charges; (iii) lacked adequate internal and financial accounting control; and (iv) as a result of the above, issued financial statements that were material
Fitch Maintains Rating Watch Negative on Phoenix Companies, Inc.
Business Wire - Wed May 22, 3:01PM CDT
Fitch Ratings has maintained its Rating Watch Negative on the 'B' holding company Issuer Default Rating of Phoenix Companies, Inc.'s (PNX) and the 'BB+' Insurer Financial Strength (IFS) ratings of PNX's primary insurance operating subsidiaries following the company's announcement that it has won approval from bondholders of a further delay of its GAAP filings until Dec. 31, 2013.
Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In The Phoenix Companies, Inc. To Contact The Firm
PR Newswire - Fri May 03, 7:45PM CDT
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at The Phoenix Companies, Inc. ("Phoenix" or the "Company") (NYSE: PNX).
The Phoenix Companies, Inc. (NYSENX) Announces Consent Solicitation Relating to 7.45% Quarterly Interest Bonds due 2032 and Provides Restatement Update
Business Wire - Wed Apr 24, 3:10PM CDT
--Significant progress on restatement made
SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in The Phoenix Companies, Inc. of Class Action Lawsuit and the Deadline of June 17, 2013 to Seek a Lead Plaintiff Position -- PFX
GlobeNewswire - Thu Apr 18, 10:50AM CDT
Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased The Phoenix Companies, Inc. ("Phoenix" or "the Company") (NYSEFX) stock between May 5, 2009 and November 6, 2012.
PCC, PFX, MWO, VVUS, GKK, ORRF Are Seasonally Ripe To Go Down In the Next Five Weeks
M2 - Fri Mar 22, 6:04AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of PMC Commercial Trust (AMEXCC), The Phoenix Companies Inc. 7.45% Quarterly Interst Bonds due January 152032 (NYSEFX), Morgan Stanley Capital Trust V 5 3/4% Capital Securities (NYSE:MWO), Vivus Inc (NASDAQ:VVUS), Gramercy Capital Corp (NYSE:GKK), Orrstown Financial Services Inc (NASDAQ:ORRF) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
WTI, PYB, LFC, PFX, PYA, MSFT Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Fri Dec 28, 6:23AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of W&T Offshore Inc (NYSE:WTI), PPlus Trust Series GSG-2 (NYSEYB), China Life Insurance Co Ltd (NYSE:LFC), The Phoenix Companies Inc. 7.45% Quarterly Interst Bonds due January 152032 (NYSEFX), PPLUS Trust Series LMG-3 (NYSEYA), MICROSOFT CORPORATION (NASDAQ:MSFT) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: