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News Digest

November 30, 2011

The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations and the Financial Industry Regulatory Authority today issued a Risk Alert and a Regulatory Notice on broker-dealer branch inspections, and offered suggestions to help securities industry firms better perform this key supervisory function.

BFM Digital Commemorates First Anniversary of New Label, BFM Jazz

November 30, 2011

Los Angeles, CA November 30, 2011. BFM Digital is commemorating the first anniversary of BFM Jazz with a special compilation album, “A Year with BFM Jazz 2011,” featuring tracks from the label’ s top players including Steve Gadd and The Tierney Sutton Band.

PIONEER FINANCIAL SERVICES INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

November 30, 2011

On a worldwide basis, we purchase consumer loans made exclusively to active-duty or career retired U.S. military personnel or U.S. Department of Defense employees. We also purchase retail installment contracts from retail merchants that sell consumer goods to active-duty or retired career U.S. military personnel or U.S. Department of Defense employees.

Repairs restore hope [The News & Observer, Raleigh, N.C.]

November 30, 2011

Nov. 30– CARY– Kim Yaman’s health and home fell apart together. For 10 weeks, men had sanded hardwoods, repaired the roof, fixed windows and patched walls at the small house on Union Street, a few blocks from downtown Cary. Yaman hoped the massive rehabilitation, organized by the town of Cary with federal money, would be a turning point.

Prosser police investigate school break-ins [Yakima Herald-Republic, Wash.]

November 30, 2011

Nov. 30– PROSSER, Wash.– Police are investigating more school break-ins here. The burglaries come about six months after police arrested five young men for three break-ins at Prosser High School that resulted in strewn paint, smeared condiments and broken and stolen equipment totaling more than $500,000 in damage.

Healthyroads, Inc. Taps Santech to Enhance Mobile Technologies for Total Health Improvement

November 30, 2011

Healthyroads, Inc., the wellness subsidiary of national health services organization American Specialty Health Incorporated, announced that it has chosen Santech to help build a fully formed short message service texting platform offering health tips and Healthyroads Coaching ® appointment reminders to its more than 6 million members.

Tecore’s CEO Jay Salkini to Participate in White House Business Leaders’ Briefing

November 30, 2011

Tecore Networks ®, the leader in supplying mobile network infrastructure, announced that its President and CEO, Jay Salkini, will participate in the White House“ Business Leaders’ Briefing” held today, November 30, 2011..

HomeWise Insurance Ordered Into Liquidation

November 30, 2011

Florida- based homeowners writer HomeWise Insurance has been ordered into liquidation, just days after HomeWise sold off its Florida and Louisiana homeowners books…

Anderson County Toy Run to benefit local children [Palestine Herald-Press, Texas]

November 30, 2011

Nov. 30– PALESTINE– Motorcycle enthusiasts are encouraged to join the Anderson County Toy Run Saturday as a way of collecting 1,000 toys for the children of Anderson County.

Fitch: TE Connectivity’s ‘BBB+’ IDR Unaffected by Acquisition of Deutsch Group

November 30, 2011

Fitch Ratings stated today that the ratings for TE Connectivity Ltd. and its wholly owned subsidiary, Tyco Electronics Group S.A. are unaffected by the company’s proposed acquisition of Deutsch Group SAS for EUR1.55 billion, approximately 11 times Deutsch’s projected 2011 operating EBITDA of approximately $175 million.

A.M. Best Withdraws Ratings of Apollo Casualty Company of Florida Due to Novation

November 30, 2011

A.M. Best Co. has withdrawn the financial strength rating of C++ and issuer credit rating of“ b” of Apollo Casualty Company of Florida, due to its business being transferred to Omni Insurance Company, a pooled member of the American Independent Companies.

Trustmark Corporation and Bay Bank & Trust Co. Announce Definitive Merger Agreement

November 30, 2011

JACKSON, Miss.& PANAMA CITY, Fla.—- Trustmark Corporation and Bay Bank& Trust Co. today announced the signing of a definitive agreement in which Bay Bank will merge into Trustmark National Bank.

Seneca CEO: ‘We’re Taking a Marathon Approach’ to New Surety Business

November 30, 2011

Seneca Insurance Cos. said it’s getting into the business of contract and commercial surety, a move the company’s chief executive officer said was consistent with its goals of delivering on individual specialty niches and having a strong hold in small and middle markets…

Fitch Rates Sutter Health (CA) Series 2011C&D Rev Bonds ‘AA-‘; Outlook Stable

November 30, 2011

Fitch Ratings has assigned its’ AA-‘ rating to the approximately $355 million series 2011 C&D revenue bonds issued on behalf of Sutter Health, California as follows:. –$37 million California Statewide Communities Development Authority revenue bonds series 2011 C;. –$318 million California Health Facilities Financing Authority revenue bonds series 2011 D.

MOOG INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

November 30, 2011

We are a worldwide designer, manufacturer and integrator of high performance precision motion and fluid controls and control systems for a broad range of applications in aerospace and defense, industrial and medical markets. We operate under five segments, Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices.

IR Global Rankings Announces the Best Ranked Companies in 2011

November 30, 2011

Best Ranked Financial Disclosure by Industry: BASF, GOL Linhas Aereas Inteligentes, BMO Financial Group, Amil Participacoes, Evraz Group, EDP Energias de Portugal, Valid, Telekom Austria and Energisa.

A.M. Best Analyst: Future of Thunderstorm-Only Cat Bonds Is Cloudy

November 30, 2011

The first catastrophe bonds issued to cover severe thunderstorms alone have been triggered, resulting in total losses for investors and clouding the future of similar transactions in the future…

Genstar Capital Completes Acquisition of Insurity

November 30, 2011

SAN FRANCISCO, Nov. 30, 2011/ PRNewswire/– Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the insurance and financial services, software, life sciences, healthcare, and industrial technology industries, today announced the completion of its previously announced acquisition of Insurity, the former LexisNexis Insurance Software Solutions business, a provider of software and services to the Property and Casualty insurance industry.

NMHS opens clinic in Oxford Walmart [Northeast Mississippi Daily Journal, Tupelo]

November 30, 2011

Nov. 30– OXFORD– North Mississippi Clinics, LLC has opened its second Walmart- based walk-in clinic. “The Clinic at Walmart” is open 9:30 a.m. to 9 p.m. Monday through Saturday and 1 to 6 p.m. on Sunday. “The objective with Walmart is up-front pricing, clear and convenient quality care,” said Karen Windle, who manages both locations. “

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