National News

Datapipe Secures $176 Million Equity & Credit Facility - PR Newswire (press release)

Financial News - Tue, 05/10/2011 - 13:17

Datapipe Secures $176 Million Equity & Credit Facility
PR Newswire (press release)
Headquartered in New York City with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development, and operations. DH Capital provides a full range of ...
Web Host Datapipe Sells Equity, Secures Credit, Totaling $176 MillionWeb Host Industry Review

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Former lapdancer turns life around to become successful entrepreneur - Scottish Daily Record

Entrepreneur News - Tue, 05/10/2011 - 13:00

Former lapdancer turns life around to become successful entrepreneur
Scottish Daily Record
With no credit history, it wasn't easy to get start-up costs but Sian was determined and used her savings. She also got support from Business Gateway Aberdeen City and Shire who helped her set up Soul-Pole gym. Sian married Yomi Ajose, ...

American Shared Hospital Services Reports First Quarter Results - Business Wire (press release)

Financial News - Tue, 05/10/2011 - 12:05

American Shared Hospital Services Reports First Quarter Results
Business Wire (press release)
Dr. Bates continued, "In our proton therapy business, we are negotiating financing for the four centers we currently are developing in Dayton, Ohio, Boston, Massachusetts, Orlando, Florida, and Long Beach, California. We expect the flow of additional ...

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Matchmaking event brings business owners, banks together - Putnam Standard

Financial News - Tue, 05/10/2011 - 12:03

Matchmaking event brings business owners, banks together
Putnam Standard
This "One-Stop Business Financing Marketplace" event is designed specifically for small businesses looking for funding to grow a business, capital to start a business venture, or funds to help make ends meet. People with questions on business-related ...

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Silicon Valley Bank Appoints New Southeast Region Manager - PR Newswire (press release)

Financial News - Tue, 05/10/2011 - 12:02

Silicon Valley Bank Appoints New Southeast Region Manager
PR Newswire (press release)
Scheffel works closely with a number of private equity and venture capital clients and plays a key role in SVB's business development efforts. Silicon Valley Bank has been a leading financial partner to startup and growing technology and life science ...

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Gilt Groupe gets $138 million in financing - BusinessWeek

Financial News - Tue, 05/10/2011 - 11:38

New York Times

Gilt Groupe gets $138 million in financing
BusinessWeek
Gilt Groupe Inc., the members-only luxury shopping Web site, said Monday that it has raised $138 million in funding and will expand into new categories and countries such as Japan. Softbank Group, a Japanese media company, invested $62.5 million into ...
Goldman and Softbank invest in shopping siteFinancial Times
Softbank's Son's Latest Move: Luxury ShoppingWall Street Journal (blog)
Gilt Groupe Valued at Roughly $1 BillionNew York Times
All Things Digital (blog)
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Reported incidents of mortgage fraud fell in 2010 - BusinessWeek

Financial News - Tue, 05/10/2011 - 11:37

Reported incidents of mortgage fraud fell in 2010
BusinessWeek
Cases of residential mortgage fraud reported by institutions in the home financing industry fell in 2010 for the first time in five years, but that's because fewer new home loans are being made, and the true rate probably rose, according to a new study ...

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Micromet Reports First Quarter 2011 Financial Results and Highlights Near-Term ... - Business Wire (press release)

Financial News - Tue, 05/10/2011 - 11:32

Micromet Reports First Quarter 2011 Financial Results and Highlights Near-Term ...
Business Wire (press release)
BETHESDA, Md.--(BUSINESS WIRE)--Micromet, Inc. (NASDAQ: MITI), a biopharmaceutical company focused on the development and commercialization of next-generation antibodies for the treatment of cancer, today announced its financial results for the first ...

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Businesses still face financing challenges - Eastern Iowa Business

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

Eastern Iowa Business

Businesses still face financing challenges
Eastern Iowa Business
By George C. Ford, Business 380 When Larry Selensky, president and chief executive officer of Ovation Networks in Cedar Rapids, attempted to secure financing last fall to expand his business, he ran into roadblocks. “The bank that I was with actually ...

Six local startups pitch their ideas at Launch Fest - NOLA.com

Entrepreneur News - Tue, 05/10/2011 - 10:08

NOLA.com

Six local startups pitch their ideas at Launch Fest
NOLA.com
Meanwhile, Startup America, which helped get Launch Pad Ignition off the ground, will continue to provide valuable resources to New Orleans' entrepreneurs in the form of free tech tools and software, among other benefits. ...

For The 15th Year Palo Alto Software Supports Leading US Business Plan ... - San Francisco Chronicle (press release)

Entrepreneur News - Tue, 05/10/2011 - 09:10

For The 15th Year Palo Alto Software Supports Leading US Business Plan ...
San Francisco Chronicle (press release)
MassChallenge is part of the Startup America Partnership, a nationwide alliance of business, nonprofit, and private sector leaders working to increase the success of high-growth enterprises in the US All MassChallenge entrants receive access to ...

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Small business loans up locally - Ukiah Daily Journal

Financial News - Tue, 05/10/2011 - 07:24

Small business loans up locally
Ukiah Daily Journal
The Economic Development and Financing Corporation of Mendocino County is an intermediary re-lender for the US Department of Agriculture, borrowing the federal funds to loan to small businesses locally. Since May 2010, the EDFC reported it has borrowed ...

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Council approves criteria change for business subsidies - St. Cloud Times

Financial News - Tue, 05/10/2011 - 05:45

Council approves criteria change for business subsidies
St. Cloud Times
The criteria apply to city subsidies such as tax-increment financing, tax abatement and revolving business loans. Two area businesses planning to build or expand in St. Cloud — Marco Inc. and Microbiologics — have indicated they plan to apply for ...

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EpiCept Corporation Reports First Quarter 2011 Financial Results and Provides ... - EON: Enhanced Online News (press release)

Financial News - Tue, 05/10/2011 - 04:47

EpiCept Corporation Reports First Quarter 2011 Financial Results and Provides ...
EON: Enhanced Online News (press release)
EpiCept Corporation (Nasdaq and Nasdaq OMX Stockholm Exchange: EPCT) today announced operating and financial results for the three months ended March 31, 2011, and provided an update with respect to the Company's key business initiatives. ...
EPICEPT : Files Protocol with FDA for Ceplene® Phase III Confirmatory Trial4-traders (press release)

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EpiCept Corporation Reports First Quarter 2011 Financial Results and Provides ... - TradersHuddle.com

Financial News - Tue, 05/10/2011 - 04:06

EpiCept Corporation Reports First Quarter 2011 Financial Results and Provides ...
TradersHuddle.com
EpiCept Corporation (Nasdaq and Nasdaq OMX Stockholm Exchange: EPCT) today announced operating and financial results for the three months ended March 31, 2011, and provided an update with respect to the Company's key business initiatives. ...

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Commercial foreclosure surge intensifies in Manatee - Bradenton Herald

Financial News - Tue, 05/10/2011 - 04:01

Commercial foreclosure surge intensifies in Manatee
Bradenton Herald
They join a growing number of commercial properties in financial trouble with their lenders. A record 9.65 percent of US loans held in commercial mortgage backed securities were at least 30 days delinquent, in foreclosure or repossessed by the lender ...

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Council approves change to criteria for business subsidies - St. Cloud Times

Financial News - Tue, 05/10/2011 - 01:52

Council approves change to criteria for business subsidies
St. Cloud Times
The criteria apply to city subsidies such as Tax-increment financing, tax abatement and revolving business loans. Two area businesses planning to build or expand in St. Cloud — Marco, Inc. and Microbiologics — have indicated they plan to apply for ...

and more »

RIL eyes bigger play in fin space - Times of India

Financial News - Tue, 05/10/2011 - 00:15

RIL eyes bigger play in fin space
Times of India
However, things started taking shape in March this year when the $58-billion company announced a joint venture with New York based DE Shaw Group to build a financial services business in India. While both the parties said that the venture will ...

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Greece inches closer to debt brink - Globe and Mail

Financial News - Mon, 05/09/2011 - 23:44

Telegraph.co.uk

Greece inches closer to debt brink
Globe and Mail
The Portuguese government, also hit by a rash of downgrades and soaring debt-financing costs, has gone beyond public expressions of outrage. The Attorney-General's office is investigating a complaint by four economists about the rating agencies' ...
S&P lowers credit rating for GreeceNashua Telegraph
European debt crisis just won't go awayNational Post (registration)

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Interval Leisure Group Reports First Quarter 2011 Results - Business Wire (press release)

Financial News - Mon, 05/09/2011 - 22:50

Interval Leisure Group Reports First Quarter 2011 Results
Business Wire (press release)
Other unknown or unpredictable factors that could also adversely affect our business, financial condition and results of operations may arise from time to time. In light of these risks and uncertainties, the forward-looking statements discussed in this ...

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