National News

CNA Commences Tender Offer to Acquire Public Minority Stake in CNA Surety for ... - Business Wire (press release)

Financial News - Wed, 05/11/2011 - 17:56

CNA Commences Tender Offer to Acquire Public Minority Stake in CNA Surety for ...
Business Wire (press release)
CHICAGO--(BUSINESS WIRE)--CNA Financial Corporation (NYSE: CNA) and CNA Surety Corporation (NYSE: SUR) announced today that an indirect wholly-owned subsidiary of CNA Financial, Surety Acquisition Corporation, has commenced the previously announced ...

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WHITECAP RESOURCES INC. ANNOUNCES FIRST QUARTER 2011 RESULTS - CanadianBusiness.com

Financial News - Wed, 05/11/2011 - 17:46

WHITECAP RESOURCES INC. ANNOUNCES FIRST QUARTER 2011 RESULTS
CanadianBusiness.com
The increase to our facility will provide us greater financial flexibility to further execute our business plan and deliver an objective of per share growth in cash flow, production and reserves. We welcome and are pleased to advise that Don Cowie has ...

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Entrepreneur Update: Drop the Chalk on the funding game - NOLA.com

Entrepreneur News - Wed, 05/11/2011 - 17:46

NOLA.com

Entrepreneur Update: Drop the Chalk on the funding game
NOLA.com
By Catherine Lyons Dear New OrleansJennifer Schnidman Medbery, founder of Drop the Chalk, a startup that builds software for teachers. This past month has been an exciting one for Jennifer Schnidman Medbery, founder of Drop the Chalk. ...

The Economy Of Good Enough - Mediapost.com

Entrepreneur News - Wed, 05/11/2011 - 17:31

The Economy Of Good Enough
Mediapost.com
In the book "Startup Nation" the author writes that one of the reasons the Israeli army is so successful being so extremely small is that - there is a culture among the officers of allowing the soldiers fighting in the front to make decisions without ...

Unemployment blocks Atlanta's commercial real estate recovery - Atlanta Business Chronicle

Financial News - Wed, 05/11/2011 - 17:24

Unemployment blocks Atlanta's commercial real estate recovery
Atlanta Business Chronicle
Entry-level homebuyers, who typically have the weakest credit histories, continue to experience the most difficulty in obtaining mortgage financing. And anecdotal information suggests this could be a longer-term issue. At the same time, many potential ...

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Housing slump still hurting small business - Reuters

Financial News - Wed, 05/11/2011 - 17:14

Reuters

Housing slump still hurting small business
Reuters
"You're not going to solve the small business credit problems if you don't solve the housing market problem because they're linked," said Shane, noting more than 20 percent of small business owners use home equity in some way to help finance their ...

Capital Trust CEO Discusses Q1 2011 Results - Earnings Call Transcript - Seeking Alpha

Financial News - Wed, 05/11/2011 - 16:09

SmartPros Accounting

Capital Trust CEO Discusses Q1 2011 Results - Earnings Call Transcript
Seeking Alpha
We see great opportunity in the commercial mortgage finance market. The floating rate market, an historic area of strength for CT, is still dislocated and highly inefficient. The commercial banks, CMBS originators and CMBS investors, have not returned ...
EnergySolutions Announces First Quarter 2011 ResultsAmerican Chronicle
Tekelec Announces First Quarter 2011 Operating ResultsPR-USA.net (press release)

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Volvo in pact with Srei BNP Paribas for finance - Business Standard

Financial News - Wed, 05/11/2011 - 15:10

Wheels Unplugged

Volvo in pact with Srei BNP Paribas for finance
Business Standard
Going forward, the alliance partners will also prepare a roadmap for forming a joint venture in the vehicle finance business, he said. The alliance will allow both companies to address new growth opportunities by developing co-branded financing ...
Volvo and Srei BNP Paribas form India alliance, JV on cardsEconomic Times

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Perfection Uniforms Closes on New Senior Debt Facility - Business Wire (press release)

Financial News - Wed, 05/11/2011 - 15:05

Perfection Uniforms Closes on New Senior Debt Facility
Business Wire (press release)
(BUSINESS WIRE)--Perfection Uniforms, LLC, the leading innovator in Police, Fire, EMS and DNR uniforms, has closed on a new senior debt facility as provided by First Capital. This new senior debt financing follows the August 2010 acquisition of ...

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Direct Capital Joins American Asian Hotel Owners Association - Business Wire (press release)

Financial News - Wed, 05/11/2011 - 14:50

Direct Capital Joins American Asian Hotel Owners Association
Business Wire (press release)
PORTSMOUTH, NH--(BUSINESS WIRE)--Building on its commitment to financing hoteliers across the United States, Direct Capital announces that it has joined the prestigious American Asian Hotel Owners Association. “As an approved financing partner, ...

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Venturesutra To Simplify Funding For Entrepreneurs - EFYTimes (press release)

Entrepreneur News - Wed, 05/11/2011 - 14:38

Venturesutra To Simplify Funding For Entrepreneurs
EFYTimes (press release)
Dr. Rajesh Srivathsa, Managing Partner, Ojas Venture Partners, said Successful Entrepreneur and Angel Investor JA Chowdary who invested in start up like Mojostreet and Indyarocks said “We expect this platform to provide opportunity for young ...

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Fortress International Group, Inc. Reports First Quarter 2011 Financial Results - Sacramento Bee

Financial News - Wed, 05/11/2011 - 14:33

Fortress International Group, Inc. Reports First Quarter 2011 Financial Results
Sacramento Bee
In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," or ...

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Get In Shape For Women Celebrates 75th Studio and First Franchise Expo! - PR Newswire (press release)

Entrepreneur News - Wed, 05/11/2011 - 13:06

Get In Shape For Women Celebrates 75th Studio and First Franchise Expo!
PR Newswire (press release)
GISFW offers you the opportunity to become a successful entrepreneur in a high growth industry." O'Koomian created and nurtured a top-10 studio in Ridgewood, New Jersey and is sprinting forward to open other locations in northern New Jersey where the ...

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Q Lotus Holdings Signs LOI to Acquire Midwest Business Credit - PR Newswire (press release)

Financial News - Wed, 05/11/2011 - 13:02

Q Lotus Holdings Signs LOI to Acquire Midwest Business Credit
PR Newswire (press release)
"The commercial finance industry was drastically affected by the credit crunch, and there is a tremendous opportunity to work with growing companies who possess the talent and momentum to succeed as a viable business enterprise. ...

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Farmer Mac Reports First Quarter 2011 Results - Sacramento Bee

Financial News - Wed, 05/11/2011 - 12:34

Farmer Mac Reports First Quarter 2011 Results
Sacramento Bee
In addition to historical information, this release includes forward-looking statements that reflect management's current expectations for Farmer Mac's future financial results, business prospects and business developments. ...

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Scientific Games Announces First Quarter 2011 Results - Sacramento Bee

Financial News - Wed, 05/11/2011 - 12:33

Scientific Games Announces First Quarter 2011 Results
Sacramento Bee
The 2010 results reported in this press release include the results of operations of the Company's racing and venue management businesses (the “Racing Business”), which was sold on October 5, 2010. See the financial tables at the end of this release ...
Scientific Games Corp Reports Operating Results (10-Q)GuruFocus.com

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ThermoEnergy Reports First Quarter Financial Results and Provides Business Update - PR Newswire (press release)

Financial News - Wed, 05/11/2011 - 12:31

ThermoEnergy Reports First Quarter Financial Results and Provides Business Update
PR Newswire (press release)
The net loss included a non-cash deemed dividend to Series B Convertible Preferred Stockholders of $0.1 million in 2011, as a result of our financing transactions in the quarter. Excluding non-cash charges related to financing transactions (including ...

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Kan. Senate avoids debating union PACs limit - BusinessWeek

Financial News - Wed, 05/11/2011 - 12:11

Kan. Senate avoids debating union PACs limit
BusinessWeek
Yet business groups supported it, viewing it as promoting the long-term financial stability of the unemployment system. Also, state officials say the House's version -- avoiding the tax increase -- will force the state to borrow additional funds from ...

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Kid Brands, Inc. Reports First Quarter 2011 Results - SYS-CON Media (press release)

Financial News - Wed, 05/11/2011 - 12:06

Kid Brands, Inc. Reports First Quarter 2011 Results
SYS-CON Media (press release)
These non-GAAP financial measures result largely from management's determination that the facts and circumstances surrounding the excluded charges are not indicative of the ordinary course of the ongoing operation of the Company's business. ...
Fortress International Group, Inc. Reports First Quarter 2011 Financial ResultsPR Newswire (press release)
George Weston Limited - 2011 First Quarter Results(1).CanadianBusiness.com
Digital Ally Reports First Quarter Operating ResultsAmerican Chronicle

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CardioDx Completes $60 Million in Equity Financing - Business Wire (press release)

Financial News - Wed, 05/11/2011 - 12:02

CardioDx Completes $60 Million in Equity Financing
Business Wire (press release)
(BUSINESS WIRE)--CardioDx, a pioneer in the field of cardiovascular genomic diagnostics, today announced that the company has closed a $60 million round of equity financing. New investors Longitude Capital, JP Morgan, Acadia Woods Partners, ...

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