subject: Taxs.ob, Usb, & Mips: U.s. Bancorp Reported That It Will Receive A 9.5% Stake In Nuveen Investments [print this page] TAXS, TaxMasters (OTC BB:TAXS) TAXS, TaxMasters (OTC BB:TAXS)
TaxMasters, Inc. is an IRS tax relief company committed to to helping clients with encounters with debt and tax problems. TAXS has made strong progress this year as the company continues to grow revenue and net income, as well as corresponding shareholder value.
The largest growth driver for TaxMasters has been the increasing number of taxpayers who have issues dealing with the IRS and who are out of tax compliance. The recession and rising unemployment has increased the number of at-risk Americans, those who are most likely to have the severe financial difficulty that causes problems meeting IRS obligations.
TaxMasters, Inc. the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues.
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U.S. Bancorp (NYSE: USB)
U.S. Bancorp is a financial bank holding company, provides various banking and financial services in the United States. It generates various deposit products, including checking accounts, savings accounts, money market savings, and time certificates of deposit accounts.
U.S. Bancorp reported today that it will receive a 9.5 percent stake in Chicago-based Nuveen Investments and cash consideration in exchange for the long-term asset management business of FAF Advisors (FAF). FAF, an affiliate of U.S. Bancorp, is advisor to the First American Funds family of mutual funds. This transaction will add approximately $25 billion of long-term assets under management, which are currently managed by FAF Advisors, to Nuveen Asset Management, which manages $75 billion in municipal fixed income assets and serves as the advisor of the Nuveen funds. Upon completion of the transaction, Nuveen Investments, which currently manages $150 billion of assets across several high-quality affiliates, will manage a combined total of $175 billion in institutional and retail assets.
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MIPS Technologies, Inc. (NASDAQ: MIPS)
MIPS Technologies is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. These include broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Sunnyvale, California, with offices worldwide. For more information, contact
MIPS Technologies is a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, announced that support for the MIPS architecture is included in new SkypeKitTM developer tools available now from Skype. Through the SkypeKit closed beta program, MIPS Technologies has developed a Skype reference implementation for the MIPS architecture-the leading architecture for the digital home.
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