Boston, MA 03/24/2014 (wallstreetpr) – Federated Investors Inc (NYSE:FII), which is one of the country’s largest investment managers declared last week that its Federated Capital Income Fund (CAPFX) bagged the prestigious Lipper Fund Award in category of leading performance. The award has been conferred to the fund based in the calculation by Lipper as to the best performer to deliver consistent risk-adjusted returns over a period of three years. The fund was assigned as best ranking among 80 portfolios and 295 funds in the last three years. The objective of the fund is to achieve high current monthly income in comparison to the broad markets via investment in a diversified portfolio of income producing bonds and stocks.
Last week, Century Casinos, Inc. (NASDAQ:CNTY) announced the commencement of the construction of the Century Downs Racetrack and Casino. As per the released statement, post approval of the stripping and grading on March 12, 2014, the earthwork started through the use of heavy machinery. And, the foundation and piling work are expected to start in April 2014, as per the company. Chandos Construction Ltd. has been elected as the general contractor by United Horsemen of Alberta and Century Casinos, Inc. (NASDAQ:CNTY). Chandos holds the past record of delivering the company’s Edmonton casino on time and budget, back in 2006.
Chesapeake Utilities Corporation (NYSE:CPK)‘s subsidiary BravePoint has reportedly entered into a partnership with DMSi Software. DMSi Software is regarded as one of the frontrunner in business management and accounting software as well as e-commerce solutions functioning mainly for the lumber and building industry. Through the partnership, BravePoint aims to provide its DMSi’s clients with an enhanced data replication ability through its Pro2SQL. Through the use of BravePoint’s platform, DMSi’s clients will have the benefit to access the data in multiple ways and can function with it in ways that are beyond the scope of DMSi’s Agility software.
