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Schuff International Announces Financial and Operating Results for FY 2010 - Business Wire (press release)

Wed, 03/16/2011 - 23:26

Schuff International Announces Financial and Operating Results for FY 2010
Business Wire (press release)
PHOENIX--(BUSINESS WIRE)--Schuff International, Inc. (Pink Sheets: SHFK), a family of companies providing fully integrated steel construction services, today reported financial and operating results for the year ended January 2, 2011. ...

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NM Senate approves state budget that cuts spending - BusinessWeek

Wed, 03/16/2011 - 22:33

NM Senate approves state budget that cuts spending
BusinessWeek
John Arthur Smith, a Deming Democrat and Finance Committee chairman, said the budget was balanced without worker layoffs or furloughs, and without a general tax increase. "It's obviously a real challenge trying to put money in the most needed places in ...

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BioSante Pharmaceuticals Reports Financial Results for 2010 and Clinical ... - Business Wire (press release)

Wed, 03/16/2011 - 21:11

BioSante Pharmaceuticals Reports Financial Results for 2010 and Clinical ...
Business Wire (press release)
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced financial results for the year ended December 31, 2010 and clinical development and business highlights. As of December 31, 2010, BioSante's cash balance ...

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SCBT Financial Corp. Reports Operating Results (10-K) - GuruFocus.com

Wed, 03/16/2011 - 19:30

SCBT Financial Corp. Reports Operating Results (10-K)
GuruFocus.com
The dividend yield of Scbt Financial Corp. stocks is 2.2%. Scbt Financial Corp. had an annual average earning growth of 7.1% over the past 10 years. GuruFocus rated Scbt Financial Corp. the business predictability rank of 2.5-star. ...

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Commercial loans are available, but demand lags behind - Sequim Gazette

Wed, 03/16/2011 - 17:57

Commercial loans are available, but demand lags behind
Sequim Gazette
In fact, he said the “financing is relatively cheap” for those who want to build a commercial space or an apartment complex. The terms are what were long standard in the industry: 25 percent or so down, with a loan-to-value ratio in the 75-80 percent ...

Republic Business Credit LLC Closes $30m Senior Secured Financing with Wells ... - Business Wire (press release)

Wed, 03/16/2011 - 16:02

Republic Business Credit LLC Closes $30m Senior Secured Financing with Wells ...
Business Wire (press release)
NEW ORLEANS--(BUSINESS WIRE)--Republic Business Credit is pleased to announce its closing of a $30 million senior secured facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). Coupled with its recently announced ...

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Metalloinvest Sets Terms of $1.2 Billion Export Finance Loan - BusinessWeek

Wed, 03/16/2011 - 13:08

Metalloinvest Sets Terms of $1.2 Billion Export Finance Loan
BusinessWeek
By Karen Eeuwens March 16 (Bloomberg) -- OAO Metalloinvest, Russia's largest iron ore producer, agreed on terms for a $1.2 billion pre- export finance loan, according to a person involved in the deal. Metalloinvest will pay an initial interest margin ...

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Harvest Power Raises $51.7 Million in Series B Financing Round - Business Wire (press release)

Wed, 03/16/2011 - 12:03

Harvest Power Raises $51.7 Million in Series B Financing Round
Business Wire (press release)
“Harvest is a terrific example of a business whose expertise, products and services both accelerate the transition to a low carbon economy and develop a strong financial and competitive position for the company,” said David Blood, ...

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NM Senate panel caps film subsidies at $50 million - BusinessWeek

Wed, 03/16/2011 - 11:39

NM Senate panel caps film subsidies at $50 million
BusinessWeek
Industry officials contend the uncertainty over subsidies already has cost the state some film work and may have torpedoed financing for a proposed post-production studio in Santa Fe. During a hearing on the Senate measure, House Speaker Ben Lujan, ...

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Government falling short in supporting UK business financing - Prfire (press release)

Wed, 03/16/2011 - 11:36

Government falling short in supporting UK business financing
Prfire (press release)
By Cashflow UK @ 16th Mar 2011 11:23:00 It's no secret that gaining access to business financing remains the number one priority for business owners across the UK. However in these challenging economic times, which see banks continuing to impose strict ...

Insurer Allianz Steps Into Commercial Property Lending as Banks Retreat - Bloomberg

Wed, 03/16/2011 - 10:27

Insurer Allianz Steps Into Commercial Property Lending as Banks Retreat
Bloomberg
In Germany, Allianz also has a residential mortgage- lending business based in Stuttgart. Piani also plans to double Allianz's investment in commercial buildings to 30 billion euros by 2014 as the insurer lifts real estate-related investments to 6 ...

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Huntington Earns Two 'Bank of the Year' Awards for Small Business Lending - PR Newswire (press release)

Wed, 03/16/2011 - 10:01

Huntington Earns Two 'Bank of the Year' Awards for Small Business Lending
PR Newswire (press release)
COLUMBUS, Ohio, March 16, 2011 /PRNewswire/ -- Huntington (Nasdaq: HBAN; www.huntington.com) has been named “Bank of the Year” by two certified Ohio development organizations for its small business lending efforts. The Community Capital Development ...

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PRESS DIGEST - New York Times business news - March 16 - Reuters

Wed, 03/16/2011 - 05:46

PRESS DIGEST - New York Times business news - March 16
Reuters
US Treasury Secretary Timothy F. Geithner on Tuesday backed legislative efforts to create a new market for financing mortgages that would help wean the $10.6 trillion United States mortgage market from government support. (Compiled by Mary Meyase; ...
PRESS DIGEST - New York Times business news - March 14Reuters Africa

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Business Q&A: Fix Fannie, Freddie, don't kill them, lender says - NewsOK.com

Wed, 03/16/2011 - 05:04

New York Times

Business Q&A: Fix Fannie, Freddie, don't kill them, lender says
NewsOK.com
Why didn't the private sector step up and make affordable financing available in this crisis or try to help people save their homes? Again: The private sector is going to be the savior? Q: Do Fannie Mae and Freddie Mac deserve all the scorn heaped on ...
After Fannie and Freddie, a role for government in mortgages?Christian Science Monitor (blog)
End of a mortgage eraThe Real Deal New York (blog)

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New consumer agency under fire from GOP, banks - Kansas City Star

Wed, 03/16/2011 - 04:50

Kansas City Star

New consumer agency under fire from GOP, banks
Kansas City Star
Echoing criticism from business, GOP lawmakers want the new agency's budget placed under Congress' control so lawmakers could threaten its financing if its actions displease them. Its money now comes from the self-financing Federal Reserve, ...

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FBI raids Scottsdale financial firm - Arizona Republic

Wed, 03/16/2011 - 02:40

FBI raids Scottsdale financial firm
Arizona Republic
In Arizona Corporation Commission records, Andrew Bogdanoff is listed as the president of Remington Capital Inc., which was founded in 1993 and specializes in securing domestic and international commercial-real-estate financing for its clients. ...

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Harford County Banking and Finance Commission Calls for Fast-Tracking of ... - The Dagger

Wed, 03/16/2011 - 02:35

Harford County Banking and Finance Commission Calls for Fast-Tracking of ...
The Dagger
“The county executive heard from various people in the business community possibly looking to begin commercial and residential projects but were having trouble getting financing,” Fry said. “At the same time, he was hearing from companies excited to ...
Harford panel urges TIF, loan guarantees for BRAC developmentBizjournals.com

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Group Wants New Bank to Finance Infrastructure - New York Times

Tue, 03/15/2011 - 23:54

The Infrastructurist

Group Wants New Bank to Finance Infrastructure
New York Times
Amid growing concerns that the nation's infrastructure is deteriorating, a group of Democrats, Republicans, and labor and business leaders called Tuesday for the creation of a national infrastructure bank to help finance the ...
Infrastructure bank: Plan would leverage federal moneyCNNMoney
Infrastructure bank proposal gets broad supportThe Hill (blog)
John Kerry's 'Infrastructure Bank': A corporate welfare slush fundWashington Examiner (blog)

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Has Dodd-Frank Slayed the Mortgage Monster? - Huffington Post

Tue, 03/15/2011 - 22:03

Has Dodd-Frank Slayed the Mortgage Monster?
Huffington Post
The compensation that flowed from the lender side, an amount previously unknown to the borrower but now disclosed on the good faith estimate, is referred to in the lending business as the "yield spread premium." This additional compensation often ...

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GOP, financial industry giving new consumer financial agency a hostile start - Washington Post

Tue, 03/15/2011 - 21:38

GOP, financial industry giving new consumer financial agency a hostile start
Washington Post
Echoing criticism from their business allies, GOP lawmakers want the new agency's budget placed under Congress' control so lawmakers could threaten its financing if its actions displease them. Its money now comes from the self-financing Federal Reserve ...

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