National News

Breaking news: Google launches new African tech incubator - Memeburn

Entrepreneur News - Tue, 03/22/2011 - 09:04

Breaking news: Google launches new African tech incubator
Memeburn
Google emphasises too that a successful startup is not just about the idea, but it's about the team who can execute on that idea. Throughout the programme, teams will not only benefit from local connections, but also from the extensive mentorship ...

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Finance House AGM approves 15% cash and 10% stock dividend - Zawya (press release)

Financial News - Tue, 03/22/2011 - 07:18

Zawya (press release)

Finance House AGM approves 15% cash and 10% stock dividend
Zawya (press release)
For the year ended 31 December 2010, the company recorded a net profit of AED 115.1 million, arising predominantly from core business activities. Total Assets registered an impressive growth of 15% to reach AED 3.12 billion as at 31 December 2010. ...
Finance House set to pay out dividendsGulfNews

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Banks need low-interest government deposits - Emirates 24/7

Financial News - Tue, 03/22/2011 - 07:09

Emirates 24/7

Banks need low-interest government deposits
Emirates 24/7
“Banks can invest these deposits mainly in funding projects and also in lending to individuals…there has been a stagnation in financing of projects and banks have remained conservative in their credit policy because of the high costs of deposits with ...

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8 venture capital sources for your startup - Memeburn

Entrepreneur News - Tue, 03/22/2011 - 07:08

Memeburn

8 venture capital sources for your startup
Memeburn
“We aim to provide early stage venture capital as well as the supporting skills and networks as well as strategic advice required by start-ups to increase their chances of success,” says Invenfin. Hasso Plattner Ventures backs young entrepreneurs with ...

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Madoff, Borders, Lehman, Point Blank, Suffolk OTB: Bankruptcy - BusinessWeek

Financial News - Tue, 03/22/2011 - 04:25

Madoff, Borders, Lehman, Point Blank, Suffolk OTB: Bankruptcy
BusinessWeek
The first-lien lenders acquired the business in exchange for $84.1 million of the $98.8 million they were owed. The purchase price also included an exchange for the $15 million in financing they provided for the Chapter 11 case. ...

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BYU student entrepreneur creates new company Kalood - BYU Daily Universe

Entrepreneur News - Tue, 03/22/2011 - 03:51

BYU student entrepreneur creates new company Kalood
BYU Daily Universe
BYU student entrepreneur Brad Cahoon believes his company Kalood could become a household word in the next few years. The laid-back California native named his web start-up business Kalood for its unique appeal as a brand name. ...

Opponents, supporters debate JumpStart at meeting in Cuyahoga County - Plain Dealer

Entrepreneur News - Tue, 03/22/2011 - 03:29

Plain Dealer

Opponents, supporters debate JumpStart at meeting in Cuyahoga County
Plain Dealer
Last year, the nonprofit added an arm, supported by federal money, to help other regions develop entrepreneurs. And the group recently announced plans for a separate nonprofit to drive money from national foundations into start-up companies nationwide. ...

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Biggest Debtor Tata Steel Turns to Hybrid Finance: India Credit - BusinessWeek

Financial News - Mon, 03/21/2011 - 23:50

Biggest Debtor Tata Steel Turns to Hybrid Finance: India Credit
BusinessWeek
More companies may sell hybrid perpetuals “once acceptability and liquidity improves,” Suresh M. Hegde, group finance head for Videocon Industries Ltd., India's biggest consumer electronics maker, said in a phone interview from Mumbai yesterday. ...

McGlinchey Stafford Adds Terry G. Freeman to Dallas Office - Citybizlist (press release)

Financial News - Mon, 03/21/2011 - 21:55

Citybizlist (press release)

McGlinchey Stafford Adds Terry G. Freeman to Dallas Office
Citybizlist (press release)
He received his Bachelor of Business Administration degree in Management and Finance from Baylor University in 1982. McGlinchey Stafford PLLC is a full-service law firm providing innovative legal counsel to business clients nationwide. ...

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Advantage Capital Partners Invests $5.7M In Kansas City Manufacturer Barton Nelson - istockAnalyst.com (press release)

Financial News - Mon, 03/21/2011 - 21:55

Advantage Capital Partners Invests $5.7M In Kansas City Manufacturer Barton Nelson
istockAnalyst.com (press release)
(Source: Business Wire)Advantage Capital Partners, a leading venture capital and small business finance firm, has provided $5.7 million in financing to Barton Nelson, Inc. Barton Nelson is ranked as one of the top 25 manufacturers of specialty ...

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Google Docs creator: A2A integration crucial for cloud success - CenterBeam

Entrepreneur News - Mon, 03/21/2011 - 21:49

Google Docs creator: A2A integration crucial for cloud success
CenterBeam
In a recent interview with Entrepreneur, Jonathan Rochelle, creator of the popular Google Docs cloud software suite, argued that application-to-application integration is crucial for successful implementation of cloud computing solutions. ...

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4 Reasons Today's Tech Scene Differs From the '90s Bubble - Mashable

Entrepreneur News - Mon, 03/21/2011 - 21:42

4 Reasons Today's Tech Scene Differs From the '90s Bubble
Mashable
If you were in a startup, you really thought that you would knock off existing players.” Today, the big players are the survivors of the dot com era. In 2000, entrepreneur Philip Kaplan created the satirical website FuckedCompany.com (a take on Fast ...

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Advantage Capital Partners Invests $5.7M In Kansas City Manufacturer Barton Nelson - Business Wire (press release)

Financial News - Mon, 03/21/2011 - 21:09

Advantage Capital Partners Invests $5.7M In Kansas City Manufacturer Barton Nelson
Business Wire (press release)
(BUSINESS WIRE)--Advantage Capital Partners, a leading venture capital and small business finance firm, has provided $5.7 million in financing to Barton Nelson, Inc. Barton Nelson is ranked as one of the top 25 manufacturers of specialty advertising ...

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Ormet Reports 2010 Financial Results - Business Wire (press release)

Financial News - Mon, 03/21/2011 - 20:32

Ormet Reports 2010 Financial Results
Business Wire (press release)
HANNIBAL, Ohio--(BUSINESS WIRE)--Ormet Corporation, an independent US producer of aluminum, announced its results of operations for 2010. Net income for the year ended December 31, 2010 totaled $39.8 million compared to $32.8 million for the same ...

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Egyptian Start-Up SySDSoft Acquired by Intel - All Things Digital (blog)

Entrepreneur News - Mon, 03/21/2011 - 20:27

Egyptian Start-Up SySDSoft Acquired by Intel
All Things Digital (blog)
“What will change,” he hopes, “is that young entrepreneurs may have more guts now to take the risk and hope for a good upside in case they are successful. After Jan 25, 2011, in fact, I am much more optimistic, since the overall environment is very ...

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Finance House set to pay out dividends - GulfNews

Financial News - Mon, 03/21/2011 - 20:11

Finance House set to pay out dividends
GulfNews
We do not envisage any material changes to our business strategies or near-term growth objectives," Al Qubaisi added. The principal activities of Finance House are commercial and retail financing, financial services and investments. ...

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From Whoa To Go In 54 Hours: Start Up Weekend 2011 - Voxy

Entrepreneur News - Mon, 03/21/2011 - 20:01

From Whoa To Go In 54 Hours: Start Up Weekend 2011
Voxy
The call is out for all entrepreneurs, developers, innovators, inventors and investors to come together to share ideas, form teams, build products and launch startups - all in 54 hours at the Auckland Startup Weekend on April 1-3 at the Biz Dojo in K' ...

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Ritchie Bros. Auctioneers to launch financing unit on July 1 - St. John's Telegram

Financial News - Mon, 03/21/2011 - 20:01

Ritchie Bros. Auctioneers to launch financing unit on July 1
St. John's Telegram
Auctioneers (TSX:RBA) says it's forming a financial services unit in partnership with Travelers Financial Corp. The new division will provide lease and financing options to buyers at Ritchie auctions. This form is NOT used for emailing the article to a ...

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Expo opens doors for business - The News-Press

Financial News - Mon, 03/21/2011 - 19:11

Expo opens doors for business
The News-Press
“People are saying 'Well, maybe now's the time to launch my own business and follow my dreams,'” she said. And through the Southwest Florida MicroEnterprise project, even those who might have difficulty receiving bank financing have a shot at getting ...

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BofA Merrill Lynch Expands Prime Brokerage Business - FINS

Financial News - Mon, 03/21/2011 - 18:41

BofA Merrill Lynch Expands Prime Brokerage Business
FINS
He will report to Dan McNicholas, head of Asia Pacific global markets financing and futures sales. Tabar began his career as a lawyer and obtained a Master of Law from Columbia University in 2001 and a BA and MA in Jurisprudence from Oxford in 2000.

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