New York, NY -- (ReleaseWire) -- 01/23/2013 -- CentraisEletricasBrasileiras SA (ADR)(NYSE:EBR.B) announced that following the information disclosed to the market on January 31, 2011, its subsidiary EletrosulCentraisEletricas SA approved on January 11, 2013 approved the merger by incorporation of Artemis Transmissora de Energia SA.
CentraisEletricasBrasileiras SA (Eletrobras) is a Brazil-based holding company engaged in the electric power generation, transmission and distribution. Eletrobras operated 36 hydroelectric plants, 120 thermal power plants, two nuclear power plants and 4 wind and solar farms, which totaled 41,621 megawatts (MW) of installed capacity as of December 31, 2011. Additionally, the Company is responsible for approximately 56,179 kilometers of transmission lines, 187,256 kilometers of distribution lines and 229 substations.
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Radian Group Inc. (NYSE:RDN) announced the availability of its MI rate finder app, Radian Rates, for Android devices on Google Play. The first of its kind in the MI industry, Radian Rates is a mobile version of the company’s existing online rate finder and offers lenders on-the-go access for a quick and reliable Radian MI rate.
Radian Group Inc. (Radian Group) is a credit enhancement company with a focus on domestic, first-lien residential mortgage insurance (first-lien). The Company’s business segments are mortgage insurance and financial guaranty. Its mortgage insurance segment provides credit-related insurance coverage, principally through private mortgage insurance, and risk management services to mortgage lending institutions.
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