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Indonesia Stocks: Adaro Energy, Bank Tabungan, BFI Finance - Bloomberg

Tue, 05/31/2011 - 09:50

Indonesia Stocks: Adaro Energy, Bank Tabungan, BFI Finance
Bloomberg
PT BFI Finance Indonesia (BFIN IJ), a financing company, advanced 3.2 percent to 4850 rupiah, the highest close since at least March 1992. The company plans to sell 200 billion rupiah of bonds in July to support its consumer financing business, ...

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Kennet Invests €16 Million In Next Performance - Centre Daily Times

Tue, 05/31/2011 - 08:48

Kennet Invests €16 Million In Next Performance
Centre Daily Times
The financing will be used to fund Next Performance's continued European expansion. Michael Elias, Managing Director at Kennet, and Hillel Zidel, Director at Kennet, will join the Board of Directors of Next Performance. Next Performance delivers high ...

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With business way down, local home builders trying to hold on - TheDay.com

Tue, 05/31/2011 - 08:02

With business way down, local home builders trying to hold on
TheDay.com
It would help, too, if banks would begin loosening their financing requirements, said John Bolduc, chief executive of the Eastern Connecticut Association of Realtors. The problem, say builders, is that people looking to build a new home or make major ...

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Inside Business: Filmmaker seeks donors for Tower Records documentary - Sacramento Bee

Tue, 05/31/2011 - 07:04

Inside Business: Filmmaker seeks donors for Tower Records documentary
Sacramento Bee
Hanks, the son of actor Tom Hanks, says the project got sidetracked due to financing troubles. Getting funding for conventional films is hard. Documentaries? "Almost impossible," he says. But Hanks says he and his friends came up with the idea of using ...

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Kennet Invests €16 Million In Next Performance - Business Wire (press release)

Tue, 05/31/2011 - 06:48

Kennet Invests €16 Million In Next Performance
Business Wire (press release)
PARIS--(BUSINESS WIRE)--Kennet Partners, the technology growth equity investor has announced a €16 million investment in Next Performance, a fast growing online advertising company that specialises in dynamic retargeting. The financing will be used to ...

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Bank Hapoalim Starts 2011 With Momentum: - GlobeNewsWire (press release)

Tue, 05/31/2011 - 05:52

Bank Hapoalim Starts 2011 With Momentum:
GlobeNewsWire (press release)
The Bank continues to act resolutely to meet its business objectives in line with its strategic plan while fortifying its leadership position within the banking sector in Israel. Profit from financing activity before expenses for credit losses totaled ...
Israel's Bank Hapoalim Q1 Profit Nearly Doubles - UpdateRTT News

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EpiCept Obtains New $10.6 Million Secured Debt Financing; Prepays Outstanding ... - Business Wire (press release)

Tue, 05/31/2011 - 04:02

EpiCept Obtains New $10.6 Million Secured Debt Financing; Prepays Outstanding ...
Business Wire (press release)
“This loan is the first tangible result of our effort, announced several months ago, to obtain non-equity financing secured by the Company's intellectual property or other assets, which we believe represents our most attractive source of incremental ...
EpiCept Obtains New $10.6 Million Secured Debt Financing; Prepays Outstanding ...TheStreet.com (press release)

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Federally-backed loans help Muskegon County's Port City Group grow - The Grand Rapids Press - MLive.com

Tue, 05/31/2011 - 00:37

The Grand Rapids Press - MLive.com

Federally-backed loans help Muskegon County's Port City Group grow
The Grand Rapids Press - MLive.com
The loans, which totaled $9.6 million, were obtained in 2010 through the US Department of Agriculture's Rural Development Business and Industry loan program. Looking to see how the loans have affected the company, USDA officials this week toured Port ...

Canada Is in No Hurry to Sell Its Chrysler Shares to Fiat - New York Times

Tue, 05/31/2011 - 00:17

Canada Is in No Hurry to Sell Its Chrysler Shares to Fiat
New York Times
... Jim Flaherty, the finance minister, said that Canada would let the divestment process in the United States unfold before making any decision about its holdings. “We've never believed the government of Canada should be in the automotive business,” ...

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Samsonite kicks off Hong Kong IPO of up to $1.5 billion - FinanceAsia

Mon, 05/30/2011 - 23:31

Globe and Mail

Samsonite kicks off Hong Kong IPO of up to $1.5 billion
FinanceAsia
RBS provided financing for the deal and, when Samsonite had financial difficulties in 2009, the UK bank ended up swapping some of its debt into a minority equity stake. At present CVC owns about 54.3% of the company, while RBS holds a 29.9% stake. ...
Resourcehouse Takes IPO to Public in Ad BlitzBloomberg

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Papandreou tells EU he can deliver budget cuts despite opposition - Daily Star - Lebanon

Mon, 05/30/2011 - 23:14

CTV.ca

Papandreou tells EU he can deliver budget cuts despite opposition
Daily Star - Lebanon
That financing gap prompted the IMF to threaten to withhold its portion of the 12 billion-euro aid payment due in June until the EU says how it will meet next year's funding shortfall. EU officials have said they would consider more aid and extending ...
Greeks set for crisis talksMalaysia Star
Greek PM Renews Call for ConsensusWall Street Journal

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Business backs UAE Central Bank over lower rates call - The National

Mon, 05/30/2011 - 20:06

gulfnews.com

Business backs UAE Central Bank over lower rates call
The National
The company recently completed a Dh250 million (US$68m) syndicated Islamic financing facility, led by Abu Dhabi Islamic Bank, on which it pays a profit rate of between 6 and 6.5 per cent. "There are companies getting financing from banks outside the ...
CBD is eyeing strong growthgulfnews.com

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'EU-IMF to conclude Greece audit this week' - Economic Times

Mon, 05/30/2011 - 17:32

Moneycontrol.com

'EU-IMF to conclude Greece audit this week'
Economic Times
But some of Athens' eurozone peers are now reluctant to extend fresh funds, and the IMF has warned that it too could withhold its share of the overall 110-billion-euro bailout if the country cannot find financing from other sources. ...
Papandreou tells EU he can deliver budget cuts despite oppositionDaily Star - Lebanon
Greece fireThe League of Ordinary Gentlemen
ASIA FX: US Dollar Mixed, Euro Gains on Greek Debt HopesIMarketnews.com
Center for Research on Globalization -FXstreet.com
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EDC business workshops set - PNW Local News

Mon, 05/30/2011 - 17:09

EDC business workshops set
PNW Local News
The Island County Economic Development Council and Whidbey Island Bank will host two sessions titled “Financing Your Business” later in June. The workshops will cover the basics of business financing, and a light lunch will be provided. ...

KAA mulls terminal financing - Business Daily Africa

Mon, 05/30/2011 - 16:52

Business Daily Africa

KAA mulls terminal financing
Business Daily Africa
“The increase in capacity will unlock the suppressed growth in traffic, which will stimulate other sectors of the economy such as tourism, horticulture exports and business travel. JKIA is an enabler for other sectors of the economy,” said Mr Gichuki.

'Mezzanine' capital is key to successful innovation - Business Daily Africa

Mon, 05/30/2011 - 16:51

Business Daily Africa

'Mezzanine' capital is key to successful innovation
Business Daily Africa
This means that once you have built the property up to the mezzanine level it becomes much easier to access conventional financing. Away from the property business many innovators and start-ups struggle to raise capital. Most banks will require a ...

Filibuster Kills School Finance Bill - FOX 4 News

Mon, 05/30/2011 - 15:52

FOX 4 News

Filibuster Kills School Finance Bill
FOX 4 News
Perry spokesman Mark Miner said other unfinished business could be put on the agenda for a special session. This session's unfinished business includes an immigration enforcement measure, which Perry had declared an emergency.

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Developer slams banks' lending practices - Independent Online

Mon, 05/30/2011 - 14:42

Developer slams banks' lending practices
Independent Online
Wentzel said Standard Bank had more recently “come to the party” to provide loans to this market but Absa “was closed for business” because it had been instructed by major shareholder Barclays to reduce the size of its home loan book. ...

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Financing an MBA, With Help From Mom and Dad (BusinessWeek) - ABCmoney.co.uk

Mon, 05/30/2011 - 11:33

Financing an MBA, With Help From Mom and Dad (BusinessWeek)
ABCmoney.co.uk
Brooke Henze, 28, and her husband, who both recently graduated from Duke University's Fuqua School of Business(Fuqua Full-Time MBA Profile), used their personal savings to pay for their first year of business school. But when it came time to finance ...

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Dutch Mortgage Margins Fall as Competition Rises, NMa Says - BusinessWeek

Mon, 05/30/2011 - 10:35

Dutch Mortgage Margins Fall as Competition Rises, NMa Says
BusinessWeek
At the same time, tighter access to financing prevented new players from entering, it said. BNP, France's largest bank, increased its share of the mortgage market in the Netherlands to 7.7 percent last year from 0.5 percent in 2004, while that of Dutch ...

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