Lately selling off, Wicks now re-launches with focus on acquisitions in financial information.Following its sale in 2004 of Alternative Investor to Dow Jones & Company Inc. (NL/NL 2/29/04) and its subsequent sale last month of Briefings Publishing Group to Douglas Publications Inc. (NL/NL 1/31/05), Wicks Business Information now says it is re-launching "WBI (WeB Intermediaries) A technology from IBM that provides a framework for intermediate processing between the user's browser and the Web server. WBI provides a middleware standard that can be used for password and privacy management, for transcoding from one format to around the company's core assets, Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and Group and Treasury & Risk Management magazine." With a significant recommitment re·com·mit tr.v. re·com·mit·ted, re·com·mit·ting, re·com·mits 1. To commit again. 2. To refer (proposed legislation, for example) to a committee again. of capital from its parent company, The Wicks Group of Companies, WBI's newly focused strategy will center on the acquisition of businesses with specialized information products serving overlapping and related segments of the financial markets. "We are particularly interested in acquiring businesses that serve market segments with compliance and regulatory requirements," said Douglas J. Manoni, WBI's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. who founded the company in 1999 in partnership with The Wicks Group. Manoni added that WBI has no plans for any futher divestitures in the near future. WBI, 1375 Kings Highway East, #450, Fairfield, CT 06824, 203-334-2002, www.wbi.com The Wicks Group of Companies, 405 Park Ave., #702, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10022, 212-838-2100, www.wicksgroup.com |
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