The News Review:
- A Bundled Report Examining the CRM Software & Application …
- Race to finalise Chrysler deal
- ‘Buck-breaking’ fund returns initial $26 billion
- Deerfield Capital Management LLC Withdraws From Fitch Ratings’ CDO …
- Terese Kramer Joins CoActiv Capital Partners as Vice President of …
- Chronicle of Higher Education Moves Onto Nstein’s Web Content …
A Bundled Report Examining the CRM Software & Application …
MarketWatch
Many companies rely on applications, such as ERP and CRM, for their
business functions, but find it difficult to maintain and update them
with changing business priorities. Further, the cost and complexity of
maintaining enterprise applications have increased significantly. These
factors are driving companies to employ application management services. Application management services market is expected to shift from legacy
systems and custom applications to packaged applications as companies
seek to simplify their application portfolios and retire legacy systems
and look to adopt packaged applications on an enterprise-wide basis. This is a bundle of two technology market assessment reports: “CRM
Market 2007-2010″ and “Application Management Services Market
2007-2010″. Bundled reports are available at an attractive discount over
the individual reports. The report forecasts the market size of CRM and Application Management
Services over the period 2007-2010.
Related: This Report Examines the System Software & Application Deployment …
Race to finalise Chrysler deal
Financial Times, UK
getElementsByTagName(“p”)[2]);}else {nl. insertBefore(tb,nl. getElementsByTagName(“p”)[0]);}}}}General Motors and Cerberus Capital Management are racing to finalise a deal for the carmaker to acquire the private equity group’s stake in Chrysler before next week’s US election. While many motor industry experts question the benefits of a tie-up between Detroit’s number one and number three carmakers, they increasingly recognise that the companies have few other options. Both are bleeding cash and in danger of running out of liquidity some time next year as sales fall in their core US market. Chrysler yesterday said it would cease production of its hybrid petrol-electric vehicles three months after they went on sale because the models were built at one of the plants it was closing. Sudhir Chopra, a Chrysler dealer in Toronto, said “what is becoming very clear is that some sort of merger has to happen”.
‘Buck-breaking’ fund returns initial $26 billion
The Associated Press
Each investor is getting about half their current account balance, the company said. It said all investors are being treated the same, whether or not they tendered redemption orders, and that the payout is being done on a pro-rata basis. “This distribution marks a significant step in the process of liquidating the Primary Fund and distributing money back to shareholders,” Reserve Management Co. Bent said in a statement. “We are committed to making future distributions when more cash becomes available. “The fund had total assets of about $51 billion as of Sept.
Deerfield Capital Management LLC Withdraws From Fitch Ratings’ CDO …
MarketWatch
Deerfield’s decision to leave the Fitch
CAM rating program was based on the company’s near term outlook for new
issuance in the collateralized loan obligation (CLO) market, a market that is
the principal user of the CAM rating system, and its decision that the program
does not currently justify the added expense of maintaining the rating. The company continues to monitor the prospects for new issuance in the CLO
market and may contract with Fitch to be re-rated if market conditions
warrant. About the Company
Deerfield Capital Corp. is a Maryland corporation with a principal
investing portfolio comprised of fixed income investments, including
residential mortgage backed securities (RMBS), government securities and
corporate debt.
Terese Kramer Joins CoActiv Capital Partners as Vice President of …
MarketWatch
Kramer brings 30 years’ equipment leasing
experience — 15 years in the US and, subsequently, 15 years in the
UK. Kramer was principal of TK Consultants, an
international consulting firm providing asset management expertise to
companies involved with international leasing and valuation. Kramer has held various management positions in equipment
valuation, portfolio management, and remarketing for global lessors
including Banc of America Leasing & Capital, LLC, Heller Global
Vendor Finance, Lombard Business Finance, GATX Asset Residual
Management plc and GATX Capital Corporation. Dave Kovacs, Senior Vice President Operations at CoActiv Capital
Partners, said: “We are delighted to have Terese as a member of our
senior management team at this significant time in CoActiv’s growth
and expansion. Terese is a highly experienced practitioner with
immense industry knowledge and an enviable track record.
Chronicle of Higher Education Moves Onto Nstein’s Web Content …
MarketWatch
5 million monthly visitors and provides the primary job board for higher education. Additionally, both sites offer daily, monthly, and annual subscriptions to premium content. Although the sites are successful, The Chronicle has been seeking a new system that incorporates modern content-management techniques, eases the process of publishing on the Web, and expands the newspapers’ Internet offerings, both for readers and for advertisers. Further, The Chronicle was eager to adopt Nstein’s TME to automate tagging and associate relevant content with relevant job listings and other advertising. With Nstein’s WCM 4, editors will have a streamlined back end that will allow them to create, modify and manage content from this system – and push content to any digital channel – including print, Web, e-mail newsletters, or mobile. “The attraction to Nstein was three-fold,” said Phil Semas, Editor-in-Chief. “We loved the openness and flexibility of the CMS – this will allow us to continue adding new modules as technologies become available.