MiamiHerald.com
Saab financing deal with China's Hawtai terminated
BusinessWeek
Earlier this month Saab secured short-term financing through a bank loan, but is still waiting for a drawdown on its loan from the European Investment Bank to be able to resume production. Spyker's shares fell 7.9 percent in early trading in Amsterdam, ...
Chinese automaker Great Wall denies talks with Saab, as Swedish car company ...Washington Post
China automaker Great Wall denies talks with SaabNewsday (subscription)

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Ahram Online
IMF to visit Egypt offering financial assistance
Ahram Online
Egyptian Finance Minister Samir Radwan (left), speaks at a US-Egypt Business Council luncheon as Planning and International Cooperation Minister Fayza Mohamed Aboulnaga looks on ahead of the Spring Meetings of the International Monetary Fund in ...

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College Students Aren't Getting Entrepreneurial Skills; Schools Need to Focus ...
PR Newswire (press release)
Sixty-two percent said the most effective way to teach someone to become an entrepreneur was by creating a small business or interning in a start-up. Only 2 percent said it was through class work and lectures. Sixty-nine percent said that work ...
Poll Flunks Colleges as Teacher of EntrepreneursBusinessNewsDaily

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An Indian Entrepreneur visits New York: “I was born in the wrong country :)”
The Next Web
So where does Aditya think these entrepreneurs are going, the people who exit successfully in Indian startup area? His answer shocks me. “I don't know if there are successful exits in India.” Like, none whatsoever? He clarifies, “If you raise a huge ...

Globe and Mail
Six ways to scuttle a deal
Globe and Mail
You must have an actual business and not a dream, or your banker will take a pass, says Mike Bonner, vice-president of commercial banking at Bank of Montreal. Any good business starts with a solid plan, and entrepreneurs seeking financing must have one ...

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EU Raises Greek Deficit Forecast, Boosting Calls for New Bailout
BusinessWeek
Euro-region finance chiefs meet in Brussels on May 16 to discuss additional support for Greece. The yield on Greece's 10 year bond has more than doubled since the bailout, complicating a return to markets to cover 27 billion euros of financing needs ...

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Bangko Sentral: Bank loans up 14.1% in March
GMANews.TV
The BSP said banks kept their credit standards for business loans unchanged “due to the stable outlook for certain industries and steady access to market financing of banks." Loan growth was heftiest for utilities firms (44.8 percent), ...

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Commercial bank lending for SME development
Stabroek News
... the aforementioned challenges that inhibit the growth of SMEs are addressed since, the effect of addressing them is likely to be the creation of a greater measure of commercial bank preparedness to free up financing for small business development. ...
Banks need to change approach to small firms: NAB execStartupSmart

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Entrepreneurship is child's play
StartupSmart
He says age shouldn't be a barrier to being a successful entrepreneur. “Age should never be a road block — it's only a road block if people make it a road block. It's all about being proactive and turning problems into solutions. ...

TransEnterix Receives Global Entrepreneurial TiE50 Award
openPR (press release)
Founded in 1992 in Silicon Valley, Calif., TiE is a not-for-profit network of entrepreneurs and professionals that has grown into 53 chapters in 12 countries. Offering a means by which successful entrepreneurs can help aspiring ones, ...

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Profits rise, yet banks face declining loan activity
STLtoday.com
"Most of the nonperforming loans over the past three years have been in construction and development financing." Instead of commercial real estate-heavy portfolios, many bankers here are seeking to increase commercial and industrial lines of credit for ...

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NVIDIA's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Seeking Alpha
For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today's earnings release, our Form 10-K for the fiscal period ended January 30, 2011, and the reports we may file from time to ...

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Small-business financing improving
San Antonio Express
Wallace said the amount of small-business lending in Texas and San Antonio jumped by about 60 percent in the first quarter of the year. Other lenders large and small said they, too, have seen the demand for loans start to grow and are eager to meet the ...

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Auto Affordability Flat in First Quarter of 2011, Comerica Bank Reports
Sacramento Bee
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. ...

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China TransInfo Announces First Quarter 2011 Results
RedOrbit
Management believes that these adjusted financial measures are useful to investors because they exclude non-cash expenses that management excludes when it internally evaluates the performance of the Company's business and makes operating decisions, ...
China TransInfo Technology Corp. Reports Operating Results (10-Q)GuruFocus.com
Kid Brands, Inc. Reports First Quarter 2011 ResultsSYS-CON Media (press release)
CORRECTING AND REPLACING -- MediaMind Technologies Reports 2011 First Quarter ...American Chronicle
PR-USA.net (press release)
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VC guru sees "irrational exuberance" in Web boom
Reuters
NEW YORK (Reuters) - The Internet investment scene is in the throes of a gold rush mentality that is driving valuations higher across the board based on a small number of notable startup successes, one of the venture ...

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PhysOrg.com
Waste-conversion startup Sanergy bowls over competition
MIT News
Khosla said the key to entrepreneurial success is having the guts to fail. Khosla also advised the young entrepreneurs at MIT: “Sell your heart out, with guts and a level of arrogance that's mostly unwarranted … in-your-face bravado is absolutely ...
MIT $100K Entrepreneurship Competition Awards $100000 Grand Prize to Startup ...Marketwire (press release)

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Mortgage rates at 2011 low, but many won't benefit
San Francisco Chronicle
Home-loan financing has remained tight despite a wave of hiring, stronger consumer and business spending and a steadily rising economy. About 92 percent of banks say credit standards on mortgage loans have remained basically unchanged, according to the ...

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New Dyslexia Documentary Explains Entrepreneur Link
BusinessWeek
... stages of business start-up when they are able to control their environment.” The broader implication, [Logan] says, is that many of the coping skills dyslexics learn in their formative years become best practices for the successful entrepreneur. ...

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Celsion Reports First Quarter 2011 Financial Results and Provides Business Update
Marketwire (press release)
COLUMBIA, MD--(Marketwire - May 12, 2011) - Celsion Corporation (NASDAQ: CLSN), a leading oncology drug development company, today announced financial results for the first quarter ended March 31, 2011 and addressed the progress of its clinical trials ...
Intrinsyc Reports 2011 First Quarter Financial ResultsSYS-CON Media (press release)

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