National News

A Good Idea Keeps Growing - Housatonic Times

Entrepreneur News - Fri, 03/11/2011 - 23:36

Housatonic Times

A Good Idea Keeps Growing
Housatonic Times
Tom Lindberg's startup company Sir Grout has been an atom bomb—and is being recognized as such by the industry at large. Sir Grout, a company that comes to one's home to clean and refurbish grout and tile, has been explosively popular since its ...

Energy Conversion Devices stock tumbles - BusinessWeek

Financial News - Fri, 03/11/2011 - 22:33

The Business Insider

Energy Conversion Devices stock tumbles
BusinessWeek
THE SPARK: The Rochester Hills, Mich., company said Thursday that a "dramatic and abrupt shift" in French and Italian solar incentive structures affected its business. CEO Mark Morelli said uncertainty has caused financing sources to put projects on ...
Energy Conversion Devices To Slash Production As France, Italy Chop Solar ...Forbes (blog)
Solar CEO: Italy Risk Has ImpactTheStreet.com

all 33 news articles »

CorMedix Reports Year End 2010 Financial Results - Business Wire (press release)

Financial News - Fri, 03/11/2011 - 21:39

CorMedix Reports Year End 2010 Financial Results
Business Wire (press release)
... NJ--(BUSINESS WIRE)--CorMedix Inc. (“CorMedix”) (NYSE Amex: CRMD), a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease, today announced its financial ...

and more »

Hacktivism: Startup Mentality for the Non-Profit Sector - Mashable

Entrepreneur News - Fri, 03/11/2011 - 20:45

Hacktivism: Startup Mentality for the Non-Profit Sector
Mashable
And then they want to do something about it. Make no mistake, these people are entrepreneurs. They are agitators, opportunists, and catalysts for change. They measure success one follower at a time. I for one, think it's time to get behind them. ...

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Blackstone Said to Make $260 Million on Ashford's Hotel Takeover - BusinessWeek

Financial News - Fri, 03/11/2011 - 20:12

Blackstone Said to Make $260 Million on Ashford's Hotel Takeover
BusinessWeek
Senior lenders are providing $530 million of three-year financing with two one-year extensions on 25 of the hotels, Ashford said. The venture assumed first mortgages of $146 million on three hotels. Those loans mature in about two years. ...

and more »

PNNL Chief Financial Officer named 2011 CFO of the Year - R & D Magazine

Financial News - Fri, 03/11/2011 - 20:05

R & D Magazine

PNNL Chief Financial Officer named 2011 CFO of the Year
R & D Magazine
Under his leadership, PNNL experienced a 45-percent growth in business revenues to more than $1 billion annually. He also spearheaded development of a successful financing plan for two private facilities and execution of an affordability plan for seven ...

and more »

SXSW – Rackspace Startup Program, Cloud 2.0 iPad App Launched - WebProNews

Entrepreneur News - Fri, 03/11/2011 - 19:29

Centre Daily Times

SXSW – Rackspace Startup Program, Cloud 2.0 iPad App Launched
WebProNews
The Rackspace Startup Program provides cloud resources to startups participating in programs with 500 Startups, TechStars, Y Combinator and General Assembly. “A lot of folks don't understand that Rackspace is actually a startup success story – they ...
Kicking Off SXSW Interactive, Rackspace Announces Rackspace Startup Program ...Business Wire (press release)
Rackspace helping startups with cloud-services pactSan Antonio Business Journal
Rackspace launches program for startupsAustin Business Journal

all 52 news articles »

Energy Conversion device stock tumbles after company reconsiders financial outlook - CanadianBusiness.com

Financial News - Fri, 03/11/2011 - 17:25

Energy Conversion device stock tumbles after company reconsiders financial outlook
CanadianBusiness.com
THE SPARK: The Rochester Hills, Mich., company said Thursday that a "dramatic and abrupt shift" in French and Italian solar incentive structures affected its business. CEO Mark Morelli said uncertainty has caused financing sources to put projects on ...

and more »

IStar Boosts Rate on Loan as Advantage Sales, Swift Cancel Deals - BusinessWeek

Financial News - Fri, 03/11/2011 - 15:03

IStar Boosts Rate on Loan as Advantage Sales, Swift Cancel Deals
BusinessWeek
IStar Financial, the commercial real-estate financing company that is extending debt maturities to avoid restructuring, increased the rate on a $1.5 billion portion of its credit facility due June 2014, according to two people with knowledge of the ...

and more »

Kicking Off SXSW Interactive, Rackspace Announces Rackspace Startup Program ... - Business Wire (press release)

Entrepreneur News - Fri, 03/11/2011 - 15:02

SunHerald.com

Kicking Off SXSW Interactive, Rackspace Announces Rackspace Startup Program ...
Business Wire (press release)
Through the program Rackspace will provide one-on-one guidance and cloud compute resources to help power these startups to success. With deep entrepreneurial roots, Rackspace is committed to helping entrepreneurs succeed and drive the next generation ...
Rackspace helping startups with cloud-services pactSan Antonio Business Journal
Rackspace launches program for startupsAustin Business Journal

all 30 news articles »

Crystal Financial Agents $45000000 Loan for Wheels Financial Group, Inc. - Business Wire (press release)

Financial News - Fri, 03/11/2011 - 13:31

Crystal Financial Agents $45000000 Loan for Wheels Financial Group, Inc.
Business Wire (press release)
BOSTON--(BUSINESS WIRE)--Crystal Financial LLC today announced that it has agented a $45000000 revolving loan to Wheels Financial Group, Inc., dba 1-800-LoanMart (“Wheels Financial Group”), a leading provider of consumer finance loans headquartered in ...

and more »

7 Mass. firms raise $37.9M - Bizjournals.com

Financial News - Fri, 03/11/2011 - 13:24

7 Mass. firms raise $37.9M
Bizjournals.com
Seven Massachusetts technology firms reported taking in $37.9 million in new financing this week, representing the business-to-business Internet, health care, drug development, medical device and wellness sectors. The largest fundraiser was ...

and more »

Response Biomedical Corporation Announces 2010 Financial Results - Montreal Gazette

Financial News - Fri, 03/11/2011 - 13:05

Response Biomedical Corporation Announces 2010 Financial Results
Montreal Gazette
Forward-looking statements or information may involve, but are not limited to, comments with respect to our planned activities, business plan and strategies and their future implementation, and our expectations for our financial condition and the ...

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Maker of 'Angry Birds' raises $42M in financing - BusinessWeek

Financial News - Fri, 03/11/2011 - 12:43

Reuters

Maker of 'Angry Birds' raises $42M in financing
BusinessWeek
Rovio, the creator of the wildly popular "Angry Birds" games for the iPhone, Android phones and other gadgets, said Thursday it has raised $42 million from investors including the venture capital firm Accel Partners. Accel is known for funding such ...
Angry Birds and Its New Nest EggNew York Times (blog)
Rovio Mobile Raises $42 Million In FinancingGeeky gadgets
Maker of 'Angry Birds' raises $42M in financingForbes

all 387 news articles »

Deere to double size of Russian factory - BusinessWeek

Financial News - Fri, 03/11/2011 - 12:42

Deere to double size of Russian factory
BusinessWeek
The leasing company will be set up through Deere's financial services division, adding to financing offered by local banks and leasing companies, Deere said. "Russia can make a significant and sustainable contribution to help meet the world's growing ...
Deere to increase production, interests in RussiaMachineFinder

all 57 news articles »

Ashford joint venture buys $1.28B hotel portfolio - BusinessWeek

Financial News - Fri, 03/11/2011 - 12:42

Ashford joint venture buys $1.28B hotel portfolio
BusinessWeek
Under the terms of the deal, the existing senior lenders agreed to provide $530 million of first mortgage, 3-year financing with two 1-year extension options on 25 of the hotels. The joint venture, meanwhile, will assume first mortgage financing of ...

and more »

Entrepreneur of the Year: Leaders show how to grow a business - Financial Times

Entrepreneur News - Fri, 03/11/2011 - 11:41

Entrepreneur of the Year: Leaders show how to grow a business
Financial Times
Businesses change as they grow, so the entrepreneur who can take a company from kitchen table start-up to a multinational company is a rare commodity. One that can then run the company as a publicly quoted business is even rarer ...

BioDelivery Sciences Announces Business Update Call Following Pricing of $15 ... - PR Newswire (press release)

Financial News - Fri, 03/11/2011 - 11:31

BioDelivery Sciences Announces Business Update Call Following Pricing of $15 ...
PR Newswire (press release)
The financing is expected to close today. Under the terms of a securities purchase agreement entered into with the investors, BDSI will sell an aggregate of 4807693 shares of its common stock at a price equal to $3.12 per share, representing a 10% ...

and more »

Venture Capital Awards: Friend of the Entrepreneur - Bizjournals.com

Entrepreneur News - Fri, 03/11/2011 - 11:11

Venture Capital Awards: Friend of the Entrepreneur
Bizjournals.com
Successful or not, just about every first-time entrepreneur's experience is a horror show of errors, miscalculations and “don't know what you don't know” blunders. It's a marvel, then, that Tom Scholl — a man who has occupied just about every role in ...

Wrightspeed seeks retrofit success - San Jose Business Journal

Entrepreneur News - Fri, 03/11/2011 - 11:03

Wrightspeed seeks retrofit success
San Jose Business Journal
Wrightspeed Inc. CEO Ian Wright took the chance that being a serial entrepreneur in the electric vehicle startup world and going years without a salary would be worth the risk. That bet is starting to pay off for the New Zealand engineer. ...

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