National News

NOVAVAX Reports Fourth Quarter and 2010 Year-End Financial Results - Sacramento Bee

Financial News - Mon, 03/28/2011 - 12:51

NOVAVAX Reports Fourth Quarter and 2010 Year-End Financial Results
Sacramento Bee
Further information on the factors and risks that could affect Novavax's business, financial conditions and results of operations, is contained in Novavax's filings with the US Securities and Exchange Commission, which are available at www.sec.gov, ...

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Harry & David, Blockbuster, Madoff, Lehman: Bankruptcy - BusinessWeek

Financial News - Mon, 03/28/2011 - 12:47

Harry & David, Blockbuster, Madoff, Lehman: Bankruptcy
BusinessWeek
The business was purchased for $85.25 million by Fleetwood Enterprises Inc., a venture between Cavco Industries Inc. and a fund advised by Third Avenue Management LLC. Fleetwood had been providing up to $55 million in secured financing for Palm ...

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“2011 U.S. Factoring Overview” Featured on CIT's “Executive Spotlight” Series - Business Wire (press release)

Financial News - Mon, 03/28/2011 - 12:39

“2011 U.S. Factoring Overview” Featured on CIT's “Executive Spotlight” Series
Business Wire (press release)
It provides financing and leasing capital to its more than one million small business and middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, ...

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CGI to Develop BDC's Commercial Lending IT Solution - PR Newswire (press release)

Financial News - Mon, 03/28/2011 - 12:33

Globe and Mail

CGI to Develop BDC's Commercial Lending IT Solution
PR Newswire (press release)
Canada's business development bank, BDC puts entrepreneurs first. With almost 1900 employees and more than 100 business centres across the country, BDC offers financing, venture capital and consulting services to 29000 small and medium sized companies. ...
CGI wins Business Development Bank of Canada contractCTV.ca

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Graymark Healthcare Reports Full Year 2010 Results - PR Newswire (press release)

Financial News - Mon, 03/28/2011 - 12:03

Graymark Healthcare Reports Full Year 2010 Results
PR Newswire (press release)
... reported financial results for the fiscal year ended December 31, 2010. Net revenues in 2010 increased 30% to $22.8 million from $17.6 million in 2009 (as adjusted for the discontinued operations of the company's retail pharmacy business). ...

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You mustn't be afraid to dream a little bigger - The Business Insider

Entrepreneur News - Mon, 03/28/2011 - 12:00

You mustn't be afraid to dream a little bigger
The Business Insider
There's nothing that used to make me feel more like a pompous VC than when I would respond to an entrepreneur by saying their idea isn't big enough--that a success for them would likely be too small for what our firm was looking for. ...

Savoring Success: Entrepreneur Credits OSU Extension's Food Industries Center ... - Media Newswire (press release)

Entrepreneur News - Mon, 03/28/2011 - 11:30

Savoring Success: Entrepreneur Credits OSU Extension's Food Industries Center ...
Media Newswire (press release)
Wampler credits the success and growth of his company to the assistance he received from Ohio State University's Wilbur Gould Food Industries Center. Part of Ohio State University Extension, the Food Industries Center focuses on providing start-up ...

Volkswagen Finance gets non-banking licence - Business Standard

Financial News - Mon, 03/28/2011 - 11:27

Volkswagen Finance gets non-banking licence
Business Standard
Volkswagen Finance has been granted a non-banking finance company (NBFC) licence by the Reserve Bank of India (RBI). The company now plans to make its first offering to the Indian market with three product lines - VW Finance, Skoda Finance and Audi ...

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Harry & David Reaches Agreement with Senior Noteholders on Pre-Arranged ... - Business Wire (press release)

Financial News - Mon, 03/28/2011 - 10:33

Harry & David Reaches Agreement with Senior Noteholders on Pre-Arranged ...
Business Wire (press release)
The proposed DIP financing will help support Harry & David's reorganization plans and enable normal post-petition operation of its business, including timely payment of employee wages, benefits and other obligations on an uninterrupted basis. ...
Harry & David files for bankruptcyBizjournals.com
Harry & David Files For Ch. 11 ProtectionNPR
Harry & David Nears Chapter 11Wall Street Journal

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Companies fail to tap potential of invoice financing - Financial Times

Financial News - Mon, 03/28/2011 - 09:36

Companies fail to tap potential of invoice financing
Financial Times
“This says to me that they are being cautiously prudent and growing their business using this finance when it is appropriate to do so,” she said. Banks have been heavily marketing such loan facilities to small businesses in the past year. ...

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COLUMN-Goodbye cheap as chips; cross-sell loans to disappear - Reuters

Financial News - Mon, 03/28/2011 - 08:46

COLUMN-Goodbye cheap as chips; cross-sell loans to disappear
Reuters
... March 28 (IFR) - If the Financial Accounting Standards Board has its way, the days of the cross-sell in which US banks leverage balance sheet via cheap loans made on the condition of winning investment banking business are numbered. ...

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Startups should take time in building business model - The Tennessean

Entrepreneur News - Mon, 03/28/2011 - 08:39

Startups should take time in building business model
The Tennessean
Author and entrepreneur Steve Blank describes the business start-up process as having two phases. In the first, entrepreneurs learn about their customers and what they want. This can be thought of as a series of experiments with real customers. ...

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GE Capital Plans Five-Year Euro Benchmark Bond Issue - YTWHW

Financial News - Mon, 03/28/2011 - 08:35

GE Capital Plans Five-Year Euro Benchmark Bond Issue
YTWHW
By QianMian 2011-03-28 16:32:31 AM GMT +0800 (YTWHW.com) - Business financing company GE Capital is planning a five-year, euro-denominated, benchmark-sized bond issue, one of the banks leading the deal said Monday. BNP Paribas SA, Credit Suisse, ...

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Startup Britain provides new UK businesses with £1500 support package - The Next Web

Entrepreneur News - Mon, 03/28/2011 - 08:22

Telegraph.co.uk

Startup Britain provides new UK businesses with £1500 support package
The Next Web
Startup Britain - a new initiative by a group of the UK's most successful entrepreneurs – has launched this morning, assisting Britain's small businesses in what is a response by the private sector to the Government's call for an 'enterprise-led' ...
Cameron's business booster: £1500 support for new firms to kick-start economic ...Daily Mail
Cameron backs new businesses with StartUp Britain schemeMyFinances.co.uk
Cameron launches start-up campaignGrowthBusiness.co.uk
TechCrunch -Telegraph.co.uk -10 Downing Street
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Startups should slowly experiment with customers - The Tennessean

Entrepreneur News - Mon, 03/28/2011 - 07:17

Startups should slowly experiment with customers
The Tennessean
Author and entrepreneur Steve Blank describes the business start-up process as having two phases. In the first, entrepreneurs learn about their customers and what they want. This can be thought of as a series of experiments with real customers. ...

Boutique fills bling niche in bleak market | Philadelphia Inquirer | 2011-03-28 - Philadelphia Inquirer

Financial News - Mon, 03/28/2011 - 07:09

Boutique fills bling niche in bleak market | Philadelphia Inquirer | 2011-03-28
Philadelphia Inquirer
That crisis was still in full bloom when Guggenheim opened for business in August 2008. Guggenheim needed none of what has been hard to come by for most folks in business since the economic meltdown, namely bank loans. Start-up capital was readily ...

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Is 'factoring' right for your business? - Seacoastonline.com

Financial News - Mon, 03/28/2011 - 06:15

Is 'factoring' right for your business?
Seacoastonline.com
She doesn't recommend this type of business financing for someone looking to buy equipment or real estate. A company that is struggling and simply looking for an infusion of cash to keep their doors open is also not a good candidate for this service. ...

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Daphne's CEO talks about the makeover of the Carlsbad chain - San Diego Union Tribune

Financial News - Mon, 03/28/2011 - 05:18

Daphne's CEO talks about the makeover of the Carlsbad chain
San Diego Union Tribune
One of those is American Commercial Capital that focused exclusively on financing retail companies, including restaurants. In lending to the restaurant business, we funded a number of leveraged buyouts of restaurants like Daphne's, so I gained a lot of ...

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Key to business start up success - NewsReleaseWire.com (press release)

Entrepreneur News - Mon, 03/28/2011 - 05:06

Key to business start up success
NewsReleaseWire.com (press release)
The beginning of a year sees many would-be entrepreneurs starting up new business ventures. With the government cuts and many companies reducing their work force there are lots of individuals who are about to take the plunge and set up on their own. ...

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Recession? Get over it, and start making more of new opportunities - Telegraph.co.uk

Entrepreneur News - Mon, 03/28/2011 - 05:01

Telegraph.co.uk

Recession? Get over it, and start making more of new opportunities
Telegraph.co.uk
A society which encourages new business and recognises the importance of start-ups and small firms will be successful on the global stage. Today sees the launch of StartUp Britain, a new campaign by entrepreneurs for entrepreneurs, aimed at celebrating ...
Campaign to foster start-ups backed by PMFinancial Times

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