Financial News

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Innovative Financing Speeds Delivery of Mosquito Nets - PR Newswire (press release)

Mon, 04/25/2011 - 15:34

Innovative Financing Speeds Delivery of Mosquito Nets
PR Newswire (press release)
The NetGuarantee model proves that innovative finance facilities can and should be applied to global health. Public-private partnerships like NetGuarantee leverage the mechanisms of the business sector to strengthen the world's ability to fight disease ...

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Shenul Capital Inc. and Underground Energy, Inc. Announce Syndicate for ... - Marketwire (press release)

Mon, 04/25/2011 - 15:22

Shenul Capital Inc. and Underground Energy, Inc. Announce Syndicate for ...
Marketwire (press release)
In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding and are implicit in, among other things: the ability of Underground to complete the Brokered Financing and Business ...

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Tasc Said to Seek $675 Million of Loans to Refinance Buyout Debt - BusinessWeek

Mon, 04/25/2011 - 15:05

Tasc Said to Seek $675 Million of Loans to Refinance Buyout Debt
BusinessWeek
Barclays Plc, Deutsche Bank AG, KKR's financing arm and Royal Bank of Canada will arrange a $575 million term loan B due 2015 and a $100 million revolving credit line maturing a year earlier, said the person, who declined to be identified because the ...

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Analysts say tepid investor reaction to GE 1Q earnings results unwarranted - CanadianBusiness.com

Mon, 04/25/2011 - 14:15

Analysts say tepid investor reaction to GE 1Q earnings results unwarranted
CanadianBusiness.com
During the recession, GE's financing arm GE Capital was weighed down by risky loans. The financing business improved in the last several months, however, as the economy picked up. In the first quarter, GE Capital profits more than tripled to $1.8 ...

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Small Business Loans That Offer Nontraditional Financing Options–Loans Outside ... - Red, White, and Blue Press

Mon, 04/25/2011 - 13:20

BBC News

Small Business Loans That Offer Nontraditional Financing Options–Loans Outside ...
Red, White, and Blue Press
Small business loans available from nontraditional financing sources may be helpful for certain companies as they can offer funding to businesses that may have been recently established or may be unable to qualify for loans made from ...
A nonprofit helps companies find capitalSarasota Herald-Tribune

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Daimler to invest $50 mn for vehicle finance in India - Business Standard

Mon, 04/25/2011 - 13:18

Moneycontrol.com

Daimler to invest $50 mn for vehicle finance in India
Business Standard
As per the company's statistics, every second passenger car and every fourth commercial vehicle of the Daimler group sold worldwide is financed or leased by Daimler Financial Services. Daimler Financial Services AG, the financial services arm of ...
Daimler AG receives RBI approval to setup NBFC for financial services business ...Moneylife Personal Finance site and magazine
Daimler gets RBI nod for NBFC arm; to invest USD 50mMoneycontrol.com
Daimler Receives Licence for Financial Services Business in IndiaPR Newswire UK (press release)
iNewsOne
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Popular, Inc. Reports Financial Results for the Quarter Ended March 31, 2011 - Business Wire (press release)

Mon, 04/25/2011 - 13:00

Popular, Inc. Reports Financial Results for the Quarter Ended March 31, 2011
Business Wire (press release)
For the quarter ended March 31, 2011, additions to commercial loans and construction loans held-in-portfolio in non-performing status at the BPPR reportable segment (excluding commercial lines of credit and business credit cards) amounted to $121 ...

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Bankers Healthcare Group Lends a Helping Hand to St. Jude's Research Hospital - PR Newswire (press release)

Mon, 04/25/2011 - 12:22

Bankers Healthcare Group Lends a Helping Hand to St. Jude's Research Hospital
PR Newswire (press release)
BHG's attributes their success to their employees and unique business model, which supports the financing needs of our customers. With a proven track record of success, Bankers Healthcare Group was ranked as the 5th Fastest Growing Private Company by ...

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Daimler AG receives RBI approval to setup NFBC for financial services business ... - Moneylife Personal Finance site and magazine

Mon, 04/25/2011 - 12:08

Daimler AG receives RBI approval to setup NFBC for financial services business ...
Moneylife Personal Finance site and magazine
Daimler AG has received approval from the Reserve Bank of India (RBI) to setup a "non-banking financial company" for its financial services business in India. The newly founded Indian company, Daimler Financial Services India Pvt Ltd, will be a 100% ...
Daimler Receives Licence for Financial Services Business in IndiaPR Newswire UK (press release)
Daimler gets RBI nod for financial services business in Indiadomain-B

all 13 news articles »

Senior Secured Loan Program Closes $536.7 Million in New Financing Transactions - Insurance News Net (press release)

Mon, 04/25/2011 - 12:02

Senior Secured Loan Program Closes $536.7 Million in New Financing Transactions
Insurance News Net (press release)
NEW YORK --(BUSINESS WIRE)-- Senior Secured Loan Program (“SSLP”), jointly managed by Ares Capital Corporation and an affiliate of GE Capital , announced today the closing of new financing transactions totaling approximately $536.7 million during the ...

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Daimler Receives Licence for Financial Services Business in India - PR Newswire UK (press release)

Mon, 04/25/2011 - 10:49

Daimler Receives Licence for Financial Services Business in India
PR Newswire UK (press release)
Daimler AG received approval from the Reserve Bank of India to setup a "Non-Banking Finance Company" for its financial services business in India. The newly founded Indian company, Daimler Financial Services India Private Limited, will be a 100% ...

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Five major banks see overdue project finance loans hit W3.3tr - The Korea Herald

Mon, 04/25/2011 - 10:32

Five major banks see overdue project finance loans hit W3.3tr
The Korea Herald
The group includes one bank's two former deputy CEOs in charge of loan business and trust business. The two executives resigned before the bank referred them and several staffers to Seoul Prosecutors' Office in December, industry sources said. ...

Business agenda - Green Bay Press Gazette

Mon, 04/25/2011 - 09:16

Business agenda
Green Bay Press Gazette
Topics include business planning, business insurance, marketing strategies, accounting and taxes, legal issues, and financing. $45 for both sessions or $30 for one. www.greenbayscore.org/scheduled_workshop2.html; ...

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MIDF Approves Loans Worth RM706.1 Million For Perak Businesses - Bernama

Mon, 04/25/2011 - 08:22

MIDF Approves Loans Worth RM706.1 Million For Perak Businesses
Bernama
IPOH, April 25 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) has to date approved 669 loan applications amounting to RM706.1 million from the Perak business community to reduce the cost of doing business. Among the major sectors that ...

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B/E Aerospace First Quarter 2011 Results Exceed Expectations; Revenues up 30 ... - American Chronicle

Mon, 04/25/2011 - 08:03

B/E Aerospace First Quarter 2011 Results Exceed Expectations; Revenues up 30 ...
American Chronicle
Free cash flow and free cash flow conversion ratio are non-GAAP financial measures. For more information see "Reconciliation of Non-GAAP Financial Measures." First quarter 2011 commercial aircraft segment (CAS) revenues of $310.3 million increased 34.9 ...

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RGB sets Rs 1575-cr biz target this fiscal - Hindu Business Line

Mon, 04/25/2011 - 07:44

RGB sets Rs 1575-cr biz target this fiscal
Hindu Business Line
PTI Rushikulya Gramya Bank (RGB), one of the five Regional Rural Banks (RRBs) in Orissa, has set a business target worth Rs 1575 crore during the current financial year. This includes Rs 1050-crore deposits and Rs 525-crore advances. ...

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Business News, 04/25 - San Angelo Standard Times

Mon, 04/25/2011 - 03:28

Business News, 04/25
San Angelo Standard Times
The Angelo State University Small Business Development Center is presenting a free seminar, Financing Options: How to Find Funding for Your Small Business, from 2 pm to 4:30 pm Wednesday at Room 100 of the ASU Rassman Building, 2222 Dena Drive. ...

ENLIGN Business Brokers Lists Boutique Auto Body and Paint Shop - dBusinessNews Triangle (press release)

Mon, 04/25/2011 - 03:08

ENLIGN Business Brokers Lists Boutique Auto Body and Paint Shop
dBusinessNews Triangle (press release)
ENLIGN will provide business valuation and appraisal services, business marketing services, indentify and qualify prospective buyers, represent the seller in purchase negotiations and assist the buyer with sourcing financing. - ENLIGN Business Brokers ...

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UK Business In Kurdistan - Rudaw

Mon, 04/25/2011 - 02:03

UK Business In Kurdistan
Rudaw
International investors and the business community need an effective and reliable financial services sector in order to make significant and sustainable investments. The banking sector is still in its infancy. The only two global banks present in ...

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How LPOs on petroleum product importation 'disenfranchise' borrowers - BusinessDay

Mon, 04/25/2011 - 01:03

How LPOs on petroleum product importation 'disenfranchise' borrowers
BusinessDay
The root of the problem that brought the banking industry to it's kneel in 2008 could be traced to the neck-deep involvement of the banks in financing Local Purchasing Orders (LPOs) for petroleum product importation. That is one problem that could have ...

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