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[bn:PRSN=1] William Winters [] told a former colleague in London six months ago that [bn:WBTKR=JPM:US] JPMorgan Chase & Co. [] shunned the structured products and off-balance sheet vehicles that crippled global markets because they didn’t make financial sense.
http://www.bloomberg.com/apps/news?pid=20601087&sid=afMhQfykyL6Y&refer=worldwide_news
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NEWPORT BEACH, Calif., Oct 23, 2009 (BUSINESS WIRE) --
Acacia Research Corporation (Nasdaq: ACTG) announced today that its Restricted Spending Solution LLC, subsidiary has entered into a settlement and license agreement with PNC Financial Services Group, Inc. covering a patent portfolio that relates to restricted spending accounts. This agreement resolves patent litigation that was pending in the United States District Court for the Northern District of Illinois.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research's subsidiaries develop, acquire, and license patented technologies. Acacia Research's subsidiaries control over 125 patent portfolios, covering technologies used in a wide variety of industries.
Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slowdown affecting technology companies, the ability to successfully develop licensing programs and attract new business, rapid technological change in relevant markets, changes in demand for current and future intellectual property rights, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property in general, and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
SOURCE: Acacia Research Corporation
Acacia Research Corporation Rob Stewart Investor Relations Tel 949-480-8300 Fax 949-480-8301
Tags: acquisition annual report business nasdaq patent property research sec securities technology
Companies: Acacia Research - Acacia Technologies (ACTG), PNC Financial Services Group, Inc. (PNC)
New York, NY, Oct 06, 2009 (PRWeb.com via COMTEX) --
PNC Bank, a member of The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the opening of its first branch in New York City. Located at 340 Madison Ave., PNC's first Manhattan branch is designed based on U.S. Green Building Council standards to support a diverse client base, including the New Jersey commuter population and business banking clients with offices in both states. "The opening of our first New York City branch provides greater convenience for our growing customer base," said Neil F. Hall, executive vice president, retail banking, PNC. "PNC is committed to ongoing investments in our business. Now, with our presence in New York established, we are further positioned to meet the needs of clients living and working in the metropolitan area."
The focus on establishing a branch presence in the city also provided an opportunity to centralize existing operations in New York. Located just a few floors above the Madison Ave. branch are employees representing real estate finance, capital markets, business credit and Global Investment Servicing.
The Madison Avenue Green Branch(R) location was constructed to earn U.S. Green Building Council (USGBC) LEED-CI certification, recognizing high-performance green interiors that are healthy, productive places to work; less costly to operate and maintain and have a reduced environment footprint.
In 2002, PNC became the first U.S. bank to design and build environmentally friendly LEED(TM) certified bank branches in the United States. It is the only bank permitted to use the unique term Green Branch(R) based on the registered trademark granted by the U.S. Patent & Trademark Office. To date, PNC has more newly constructed LEED-certified green buildings (66) than any company in the world.
At Your Service Leading the team of banking professionals at the Madison Ave. location are Branch Manager Marc Ravage and Regional Manager James Kim. Joining them is a team that includes Assistant Branch Managers Rosa Quinones and Leo Maniotes, and Business Banker Christopher Mania.
Combined, they offer 80 years of industry experience to area and provide complete financial services, including a wide range of checking accounts; loans and mortgages; investment services; insurance; and small business banking solutions.
With the acquisition of National City Corporation, PNC Bank's network has grown to more than 2,600 branch locations and 4,600 ATMs to serve its customers. The 340 Madison Ave. branch includes the following features and amenities:
Convenient Hours: Open Monday through Friday from 7 a.m. to 7 p.m., plus a 24-hour ATM and an Electronic Business Center (EBC) to service retail merchants with currency exchange and deposit capabilities 24-hours a day are also available.
-Customer Service: As customers enter the branch, a PNC representative can expeditiously handle many needs or quickly direct the customer.
-Advanced Technology: The Internet Cafe provides two computers with web access to conduct PNC online banking. LCD TV screens display business-related news and information.
-Business Banking Center: Small business owners and entrepreneurs can meet with a specialist to discuss business and banking needs.
With its extensive branch and ATM network, phone and online banking access, PNC provides customers with convenient access to their accounts and financial services around the clock.
Environmentally Friendly Features
A PNC Green Branch(R) location is environmentally friendly because: Recycling: More than 50 percent of materials used in a PNC Green Branch(R) location is locally manufactured or made from recycled or environmentally-friendly materials, including flooring, wall covering and furniture fabric. Interior: Cabinetry is made with non-ureaformaldehye substrates, entryways and interior carpet tiles are made from 72% recycled material. This material is 100% recyclable back into carpet at the end of its lifecycle. Hard floor surfaces are made from recycled rubber. Energy Efficient: Energy usage is reduced by nearly 35 percent or more compared to a traditional branch and water usage is reduced by nearly 4,000 gallons a year due to high-efficiency systems and insulation. PNC Bank is a member of the PNC Financial Services Group, Inc. (www.pnc.com). PNC is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.
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Read the full story at http://www.prweb.com/releases/2009/10/prweb2996494.htm.
PRWeb.com
Tags: bank banking business corporate currency energy environment executive finance financial services government insurance investment mortgage new_york nyse online patent population president real estate residential retail rubber small business standards technology tv water web
Oct 03, 2009 (Wall Street Horizon via COMTEX) --
PNC Financial Services Group Inc. (PNC)
Expected next earnings release: Announcement date: 10/22/2009 - Before Market Earnings Quarter: Q3 Announcement Status: Verified
Expected next investor conference call information: Conference Call Date: 10/22/2009 Conference Call Time (ET): 8:30 AM Conference Call URL: http://www.pnc.com/investorevents
Expected next dividend: Dividend Announcement Date: 10/1/2009 Dividend Record Date: 10/13/2009 Dividend Pay Date: 10/24/2009 Dividend Amount: 0.10
Tags: conference corporate dividend earnings financial services market
Companies: PNC Financial Services Group, Inc. (PNC)
Oct 01, 2009 (Wall Street Horizon via COMTEX) --
PNC Financial Services Group Inc. (PNC)
Expected next earnings release: Announcement date: 10/15/2009 - Before Market Earnings Quarter: Q3 Announcement Status: Unconfirmed
Expected next dividend: Dividend Announcement Date: 10/1/2009 Dividend Record Date: 10/13/2009 Dividend Pay Date: 10/24/2009 Dividend Amount: 0.10
Tags: corporate dividend earnings financial services market
Companies: PNC Financial Services Group, Inc. (PNC)
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Wachovia May Sell Businesses It Doesn't Consider Essential; Fifth Third Bancorp and National City Corp Exploring Sales of Respective Invesment Units; Prices for Fund Companies at Lowest Level in 6 Years; Private Equity Firms May Examine Money Managers Up for Sale
National City Commercial Capital Company, LLC is a part of National City Corporation (NYSE: NCC) companies headquartered in Cleveland, Ohio. National City is a trusted name in financial services for more than 100 years.
The Board of Governors of the Federal Reserve System and the U.S. Securities and Exchange Commission on Thursday jointly announced the issuance of administrative actions addressing bank supervisory and securities law-related matters against The PNC Financial Services Group, Inc.
http://www.federalreserve.gov/boarddocs/press/enforcement/2002/20020718/default.htm
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PNC Financial Services Group Incorporated. The Group's principal activity is to provide diversified financial services. The services offered include regional community banking ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=693475105
PNC Financial Services Group Incorporated. The Group's principal activity is to provide diversified financial services. The services offered include regional community banking ...
http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_693475105
PNC Financial Services Group Incorporated. The Group's principal activity is to provide diversified financial services. The services offered include regional community banking ...
http://wrightreports.ecnext.com/coms2/reportdesc_EARNING_693475105
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