National News

New Growth Path gets less than it seems from Budget - Independent Online

Financial News - Fri, 02/25/2011 - 13:41

The South African Star

New Growth Path gets less than it seems from Budget
Independent Online
The business of the government is solidly focused on how to create jobs, but the financial newspapers took vastly different positions over just how much money Finance Minister Pravin Gordhan has devoted to the New Growth Path, the brainchild of ...
High expectations for 2011 budgetBuaNews Online (press release)

all 941 news articles »

MK Automotive, Inc. Receives Approval From The Small Business Administration ... - PR-USA.net (press release)

Financial News - Fri, 02/25/2011 - 12:44

MK Automotive, Inc. Receives Approval From The Small Business Administration ...
PR-USA.net (press release)
Mike Murphy, President and CEO of MK Automotive, remarked, "It's no secret that small business financing has dried up the last several years. SBA approval means securing attractive financing for opening or acquiring Mike's Master Mechanics locations is ...

Ocwen posts higher 4Q profit - BusinessWeek

Financial News - Fri, 02/25/2011 - 12:42

Ocwen posts higher 4Q profit
BusinessWeek
Still, it expects that will be partly offset by higher subservicing fee revenue and by reduced expenses for mortgage servicing rights amortization and interest on advance financing. Ocwen also anticipates the deal will improve its servicing business' ...
Ocwen Reports Net Income of $9.9 Million for Q4 2010 and $38 Million for Full ...GlobeNewsWire (press release)

all 19 news articles »

Fred Wilson On Marketing - The Business Insider

Entrepreneur News - Fri, 02/25/2011 - 12:15

Fred Wilson On Marketing
The Business Insider
A very experienced and successful entrepreneur came into our office a week ago to pitch his latest company. At the end of his pitch he showed us some numbers. Normally for a raw startup we see almost all product and engineering expenses (headcount). ...

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9 pc growth next fiscal, unrest in Middle-East, inflation dampeners: Survey - The Hindu

Financial News - Fri, 02/25/2011 - 12:11

Moneycontrol.com

9 pc growth next fiscal, unrest in Middle-East, inflation dampeners: Survey
The Hindu
It also pitched for giving banking licences to industrial houses wanting to set up banks to promote the goal of financial inclusion. “As regards allowing industrial houses, business houses and NBFCs to promote banks, they may be allowed full banking ...
Economic Survey: Sector-specific overviewNDTV.com
Services sector growth pegged at 9.6%, lower than FY10Economic Times

all 563 news articles »

Eurozone private sector lending picks up - Business Recorder

Financial News - Fri, 02/25/2011 - 11:06

Eurozone private sector lending picks up
Business Recorder
Lending to companies gained 0.4 percent on the year, halting an extended period of declines and prompting IHS Global Insight chief European economist Howard Archer to see some light at the end of the tunnel for business credits. ...

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Box.net Receives $48 Million Investment, Led by Meritech - Bloomberg

Financial News - Fri, 02/25/2011 - 10:27

Seattle Post Intelligencer

Box.net Receives $48 Million Investment, Led by Meritech
Bloomberg
Box.net, a provider of online storage and collaboration software, said it raised $48 million in financing to help it hire staff and broaden services aimed at business customers. ...
Cloud Computing: Box.net Gets Another $48M to Jingle in Its JeansSYS-CON Media (press release)
Box.net shows there's life in the enterpriseSeattle Post Intelligencer (blog)
Box.net, The File Sharing and Collaboration Cloud For Businesses, Raises $48 ...All Things Digital
Marketwire (press release)
all 272 news articles »

Economic Survey: Sector-specific overview - NDTV.com

Financial News - Fri, 02/25/2011 - 10:21

The Hindu

Economic Survey: Sector-specific overview
NDTV.com
It has been proposed that the disclosure requirements for life and non-life companies would be separately mandated given the nature of their respective business. The survey said that investors would be required to be made aware of the financial ...
Services sector growth pegged at 9.6%, lower than FY10Economic Times
Mukherjee underlines need to monitor emerging trends in inflationSify

all 478 news articles »

Small-business center garners recognition - Signal

Financial News - Fri, 02/25/2011 - 09:55

Small-business center garners recognition
Signal
The SBDC helps business owners set up or fine tune business plans, secure financing, develop marketing plans and help educate business owners. The business assistance center was honored with a special recognition award for being the top performing SBDC ...
Alaska Small Business Development Center Celebrates 25 Years!SitNews
Small Business Development Center gets $325K grantProvidence Business News

all 22 news articles »

Services sector may register 9.6 per cent growth - Rediff

Financial News - Fri, 02/25/2011 - 07:32

The Hindu

Services sector may register 9.6 per cent growth
Rediff
The two broad services categories, namely trade, hotels, transport, and communication; and financing, insurance, real estate, and business services have performed well with growth of 11 per cent and 10.6 per cent, respectively in 2010-11. ...
Summary of Economic Survey 2010-11Press Information Bureau (press release)

all 92 news articles »

Our view: Contest stirs excitement in rebounding downtown - Duluth News Tribune

Entrepreneur News - Fri, 02/25/2011 - 06:26

Our view: Contest stirs excitement in rebounding downtown
Duluth News Tribune
The offer was made at last month's annual meeting of the Greater Downtown Council: a pair of storefronts, rent-free for a year, with start-up help and other support from Greater Downtown Council members to help assure a successful endeavor. ...

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$35M in Tax Credits to Spur Columbus Small Business Growth - ABC6OnYourSide.com

Financial News - Fri, 02/25/2011 - 05:53

Plain Dealer

$35M in Tax Credits to Spur Columbus Small Business Growth
ABC6OnYourSide.com
The Ohio Community Development Finance Fund plans on using its NMTC to provide financing to small businesses such as minority or women owned start-ups, community facilities such as child care and health care centers, and manufacturing facilities in ...
Community Reinvestment Fund, USA Helps Fast-Track Jobs and Economic Recovery ...Business Wire (press release)
Six area banks, agencies win New Markets creditsSt. Louis Post-Dispatch
3CDC, Cincinnati Development Fund win New Markets Tax CreditBizjournals.com

all 37 news articles »

NAB chief: small business lending too low - Dynamic Business

Financial News - Fri, 02/25/2011 - 00:42

Dynamic Business

NAB chief: small business lending too low
Dynamic Business
Speaking at the Australian Securities & Investments Commission (ASIC) Summer School, NAB Group Executive for Business Banking, Mr Joseph Healy said, “The special needs of small to medium enterprises have been left behind as the banks and the financial ...

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Fed Runs Scared With Boost to Bank Dividends: Anat R. Admati - BusinessWeek

Financial News - Fri, 02/25/2011 - 00:07

Fed Runs Scared With Boost to Bank Dividends: Anat R. Admati
BusinessWeek
In 1994, the Financial Accounting Standards Board wanted executive stock options to be expensed to reflect their actual cost. Industry opponents threatened that doing so would prevent entrepreneurial firms from obtaining financing, impede growth and ...

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Tighter Loan Restrictions Prompt Creative Borrowing - Flathead Beacon

Financial News - Thu, 02/24/2011 - 23:48

Flathead Beacon

Tighter Loan Restrictions Prompt Creative Borrowing
Flathead Beacon
According to a recent report by the Small Business Administration (SBA), lending to small businesses fell by 6.2 percent from June 2009 to June 2010, continuing a decline from the previous year. The report defines small business loans as under $1 ...

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What kind of company is YOUR company? - The Business Insider

Financial News - Thu, 02/24/2011 - 23:32

What kind of company is YOUR company?
The Business Insider
However, these are most assuredly NOT businesses for which external financing should be sought, because of the fundamental misalignment of motives between the business owner and investors. An angel-backed business comes in two flavors, one which leads ...

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DnB NOR, NordLB, UniCredit Will Increase Shipping-Finance Deals - Bloomberg

Financial News - Thu, 02/24/2011 - 23:16

DnB NOR, NordLB, UniCredit Will Increase Shipping-Finance Deals
Bloomberg
NordLB's shipping portfolio was reduced by 10 percent during the global financial crisis as customers repaid loans and the bank stopped new lending to shipping companies, Faak said. “That represents the capacity we have for new business and we are now ...

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Despite problems, small-business program wins support - Toronto Star

Financial News - Thu, 02/24/2011 - 23:01

Despite problems, small-business program wins support
Toronto Star
But the Canada Small Business Financing program (CSBF), which has been criticized for its high costs and messy red tape, also took a hit of $113-million last year from companies that defaulted on their loans. The program essentially encourages. ...

and more »

Despite problems, small-business program wins support - Toronto Star

Financial News - Thu, 02/24/2011 - 23:01

Despite problems, small-business program wins support
Toronto Star
But the Canada Small Business Financing program (CSBF), which has been criticized for its high costs and messy red tape, also took a hit of $113-million last year from companies that defaulted on their loans. The program essentially encourages. ...

and more »

Despite problems, small-business program wins support - Toronto Star

Financial News - Thu, 02/24/2011 - 23:01

Despite problems, small-business program wins support
Toronto Star
But the Canada Small Business Financing program (CSBF), which has been criticized for its high costs and messy red tape, also took a hit of $113-million last year from companies that defaulted on their loans. The program essentially encourages. ...

and more »
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