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US Manufacturing Belt Fuels Regional Banks' Loan Growth - Wall Street Journal

Thu, 04/21/2011 - 20:41

US Manufacturing Belt Fuels Regional Banks' Loan Growth
Wall Street Journal
Wulco Inc., of Cincinnati, used Huntington financing to buy $1.2 million in equipment this quarter. Wulco CEO Rick Wulseck is attempting to diversify his family-run defense-contracting business into the oil-and-gas and aerospace fields. ...

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American Perspective Bank Announces First Quarter 2011 Financial Results - PR Newswire (press release)

Thu, 04/21/2011 - 20:16

ChinoHills.com

American Perspective Bank Announces First Quarter 2011 Financial Results
PR Newswire (press release)
... inventory, and accounts receivable financing; income property real estate loans; and various government sponsored loan programs, including those associated with the US Small Business Administration and the US Department of Agriculture. ...
HOWARD BA : Howard Bancorp, Inc. Announces Results for the First Quarter of 20114-traders (press release)

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Small business lending on the up - Westfair Online

Thu, 04/21/2011 - 18:16

Daily Mail

Small business lending on the up
Westfair Online
We're starting to see real, small-business loan demand.” Similarly, Webster Financial Corp. cited overall improvements in small business lending, even as the Waterbury-based company makes a push to grab more market share in Westchester County, ...
More Banks Saying YesCFO.com Magazine
Making money from moneyCBC.ca
The Aftermath of Bankruptcy: Easier Recovery, Tougher CreditAOL Small Business

all 14 news articles »

American Apparel Board Said to Approve $15 Million Financing - BusinessWeek

Thu, 04/21/2011 - 17:34

Styleite

American Apparel Board Said to Approve $15 Million Financing
BusinessWeek
April 21 (Bloomberg) -- American Apparel Inc., the Los Angeles clothier at risk of running out of money, has received board approval to raise at least $15 million from a group of private ...
Did Dov Charney Just Lose Control of American Apparel?BNET (blog)

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BUYOUTS-CLO lender Churchill plans a BDC - Reuters

Thu, 04/21/2011 - 17:02

BUYOUTS-CLO lender Churchill plans a BDC
Reuters
NEW YORK, April 21 (Reuters-Buyouts) - With the collateralized loan obligation market still in disarray, Churchill Financial Group LLC has decided to organize a business development company. The New York leveraged lender plans to raise ...

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Intermap Announces $6.45 Million Private Placement Financing - Victoria Times Colonist

Thu, 04/21/2011 - 16:54

Intermap Announces $6.45 Million Private Placement Financing
Victoria Times Colonist
“The financing will provide the necessary working capital to move the Company forward with its new business plan. I'm pleased to see that our largest shareholders continue to support the vision of the Company." The Offering is anticipated to close on ...

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Muthoot Finance IPO oversubscribed 24 times - Business Standard

Thu, 04/21/2011 - 16:50

Moneycontrol.com

Muthoot Finance IPO oversubscribed 24 times
Business Standard
Muthoot's leadership position in the gold loan finance business and fair appetite among investors for banking and non-banking financial companies (NBFCs) were the key reasons behind the success of Muthoot's IPO, said V Jayasankar, executive director at ...
Muthoot Finance IPO subscribed 22 timesMoneycontrol.com
Muthoot Finance IPO subscribed over 24 timesIndia Infoline.com

all 27 news articles »

Fitch Assigns Rating Watch Negative to All Outstanding Notes from MEFA Issue I - Business Wire (press release)

Thu, 04/21/2011 - 16:01

Fitch Assigns Rating Watch Negative to All Outstanding Notes from MEFA Issue I
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned Rating Watch Negative (RWN) to all notes of Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue I. Fitch is waiting for information to determine if the current ratings ...

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PNC Earns $832 Million in First Quarter - PR Newswire (press release)

Thu, 04/21/2011 - 15:20

PNC Earns $832 Million in First Quarter
PR Newswire (press release)
The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government ...

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China Kangtai Cactus Provides Further Clarification of Kodiak Financing - Business Wire (press release)

Thu, 04/21/2011 - 15:13

China Kangtai Cactus Provides Further Clarification of Kodiak Financing
Business Wire (press release)
HARBIN, China--(BUSINESS WIRE)--China Kangtai Cactus Biotech Inc. (OTCBB: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today that it does not intend to access the ...

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Borders seeking more financing as prospect of liquidation remains - AnnArbor.com

Thu, 04/21/2011 - 14:51

Borders seeking more financing as prospect of liquidation remains
AnnArbor.com
The news comes as several reports have indicated that publishers are privately skeptical of Borders' ability to achieve a sustainable business model. Some experts are similarly skeptical of Borders' ability to dodge liquidation. ...

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GE 1Q Profit Up 77%; Company Boosts Dividend - Fox Business

Thu, 04/21/2011 - 13:50

msnbc.com

GE 1Q Profit Up 77%; Company Boosts Dividend
Fox Business
"The GE business model will continue to deliver earnings growth for shareowners in 2011 and beyond." He reiterated confidence that the Fairfield, Conn., company will achieve goals laid out in its 2011 financial framework, which among other things calls ...
GENERAL ELECTRIC TOPPED Q1 ESTIMATES, TOP LINE UP 6%, LIFTED DIVIDEND (GE)Zacks.com
General Electric Co. (NYSE: GE) – Q1 FY 2011 Earning on April 21NewsyStocks.com
General Electric Beats, Raises DividendTheStreet.com

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EarthSearch Provides 2011 Fiscal Year Guidance, Announces Conference Call - MSN Money

Thu, 04/21/2011 - 13:16

EarthSearch Provides 2011 Fiscal Year Guidance, Announces Conference Call
MSN Money
These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission ...

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Akron Council approves final Goodyear financing - Akron Leader Publications

Thu, 04/21/2011 - 12:36

Akron Council approves final Goodyear financing
Akron Leader Publications
On the day of a ceremonious groundbreaking for the new headquarters, Council authorized tax increment financing (TIF) on four of the parcels on which the new seven-story office building will be constructed. A TIF agreement allows a business' real ...

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PRESS RELEASE: CORRECTING and REPLACING: GE Delivers $0.33 Operating EPS ... - Wall Street Journal

Thu, 04/21/2011 - 12:36

PRESS RELEASE: CORRECTING and REPLACING: GE Delivers $0.33 Operating EPS ...
Wall Street Journal
In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek, " "see," or "will. ...

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Xerox Reports First-Quarter 2011 Earnings - American Chronicle

Thu, 04/21/2011 - 11:59

Globe and Mail

Xerox Reports First-Quarter 2011 Earnings
American Chronicle
Revenue from technology, representing the sale of document systems, supplies, technical service and financing of products, was flat. Revenue from services was up 5 percent on a pro-forma basis, and represents the company's business process, ...
Xerox swings to first-quarter profitMarketWatch

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Piper Jaffray 1Q net income disappoints - BusinessWeek

Thu, 04/21/2011 - 11:39

Piper Jaffray 1Q net income disappoints
BusinessWeek
While net income was up considerable from the same time last year, sales were hurt as customers in China pulled back on equity financing deals, Piper Jaffray CEO Andrew Duff said in a statement. At the same time, the market for underwriting municipal ...
Piper Jaffray Q1 net income soarsBanking Business Review

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Sacramento making renewed case for keeping Kings - BusinessWeek

Thu, 04/21/2011 - 11:39

RealGM.com

Sacramento making renewed case for keeping Kings
BusinessWeek
Johnson said he didn't know much about an effort to collect signatures in Anaheim to force a public vote on $75 million in financing for a Kings deal, not expected until June 2012. "I'd be dishonest if I didn't say I was glad that was going on" because ...
Visit by NBA today could be capital's last chance to keep KingsSacramento Bee

all 38 news articles »

Regulators withdraw restrictions on CIT Bank - BusinessWeek

Thu, 04/21/2011 - 11:39

Regulators withdraw restrictions on CIT Bank
BusinessWeek
The bank wanted to fund its corporate parent's industrial-lending business using brokered deposits -- bank deposits obtained in large chunks from other financial companies. The FDIC nixed the practice, saying the proposed loans threatened FDIC-insured ...

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Muthoot Finance IPO subscribed 22 times - Moneycontrol.com

Thu, 04/21/2011 - 11:29

Moneycontrol.com

Muthoot Finance IPO subscribed 22 times
Moneycontrol.com
The Rs 901-crore IPO of Muthoot Finance, the non-banking finance company engaged in gold loan business, has received tremendous response from investors - especially non-institutional investors (NIIs). It is the first IPO in the financial year 2011-12. ...

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