Morgan Stanley (NYSE:MS) announced the sale of Saxon Mortgage Services, Inc., a provider of servicing and subservicing of residential mortgage loans, to Ocwen Financial Corporation (OCN). Ocwen has agreed to acquire Saxon for the base purchase price of $59.3 million, plus an estimated $1.4 billion for servicing advance receivables outstanding. The transaction is targeted to close in the first quarter of 2012 and is not expected to have a material impact on financial results.
In addition, Morgan Stanley Smith Barney announced today that it will have two speakers featured at the 19th annual conference of the National Association of Stock Plan Professionals (NASPP) on November 1�4, 2011, in San Francisco. Morgan Stanley Smith Barney provides stock plan services to nearly 2.5 million participants at more than 500 corporations globally, including more than 20 percent of the Fortune 500.
The 2011 NASPP Annual Conference includes four days of often critical and timely discussions for professionals involved in the design, oversight, administration, and disclosure of stock and executive compensation.
One session features Christopher Dohrmann, Executive Director, Global Stock Plan Services at Morgan Stanley Smith Barney, on a panel exploring the inadvertent administrative and compliance consequences of some common practices relating to stock options, restricted stock and Employee Stock Purchase Plans. �Sometimes, even the most well-intended plan provisions can lead to unforeseen pitfalls. As a leading stock plan services provider, we can present some of the best practices we�ve seen to help issuers avoid administrative headaches,� said Mr. Dohrmann.
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries.
More about MS at www.morganstanley.com.
Dolby Laboratories, Inc. (NYSE:DLB) enabled the first discrete 7.1-channel surround sound entertainment experience available to streaming media using Dolby® Digital Plus audio. VUDU, a leading subscription-free, video-on-demand movie service and wholly owned subsidiary of Wal-Mart Stores, Inc., began streaming Walt Disney Pictures’ Pirates of the Caribbean: On Stranger Tides in Dolby Digital Plus 7.1 audio.
Dolby Laboratories, Inc. develops and delivers products and technologies for the entertainment industry worldwide.
Luxottica Group SpA (NYSE:LUX) approved the consolidated results for the three- and nine- month periods ended September 30, 2011. In the third quarter of 2011, net sales rose by 10.0% at constant exchange rates(2) (+4.0% at current exchange rates) to Euro 1,523.8 million from Euro 1,464.7 million in the third quarter of 2010. During the nine-month period, net sales rose by 9.6% at constant exchange rates(2) to Euro 4,713.5 million, from Euro 4,451.5 million in the first nine months of 2010.
Luxottica Group S.p.A., together with its subsidiaries, provides luxury and sport/performance eyewear worldwide. It operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution.
Crown Equity Holdings, Inc. (CRWE)
Crown Equity Holdings Inc’s selection of Core Link reflects recent diversification beyond CRWE’s original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients’ news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
Online marketing also known as internet marketing is the most simple and cost effective way of promoting your business. The phenomenal growth of technology has resulted in a boom of internet users, so the marketers can now directly be in touch with the end user without any third party provided they have a good web presence. At the same time internet is taking the whole game in to a level playing field, where even small guys can take on the giants by doing the basic things correctly. Internet or Online marketing has different channels, and one should find the right mix to get the right results. From online advertising, to search engine optimization, to social network marketing, there are a lot of channels and one should harness the power of all these channels.
Crown Equity Holdings, Inc. together with its digital network currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Crown Equity Holdings Inc. (CRWE) recently announced that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.”
For more information, visit http://www.crownequityholdings.com
BT Group plc (NYSE:BT) announced the availability in the U.S. of BT One Voice anywhere, its next generation voice application service. The service offers flexibility for global travelling employees by allowing them to take their telephony with them via a softphone and use speech to text voicemail translation.
BT Group plc provides communications solutions and services worldwide. It engages in the provision of networked IT services; and local, national, and international telecommunications services for use at home, at work, and on the move.
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