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Resource America Inc. (REXI) is in the Financial Services Industry

Revenue
Sep 30 2007
$127.8M
Profit
Sep 30 2007
$4.3M
Market Cap
Sep 04 2008
$233.0M

Latest News and Analysis

Additional Resources

  • Republicans May Have a Crude October Surprise

    Republicans may be planning a crude surprise for Democrats this October. I mean crude in the sense that it will involve unrefined petroleum. Since the House recessed earlier this month, Republicans have been demanding that Speaker Nancy Pelosi call it back into special session to vote on whether to...

    Articles 2008-08-18

  • Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2008

    Resource America, Inc. (NASDAQ: REXI) (the"Company") reported operating results for the third fiscal quarter and ninemonths ended June 30, 2008. The Company noted the following events during the quarter ended June 30,2008 or thereafter: -- Collection of Legacy Portfolio Loan. On July 31, 2008, the Company ...

    Articles 2008-08-07

  • Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend

    Resource America, Inc. (NASDAQ: REXI) (the"Company") announces that its Board of Directors has authorized the paymentof a cash dividend on August 29, 2008 in the amount of $0.07 per share ofthe Company's common stock to all holders of record at the close ofbusiness on August 15, 2008. The Company has...

    Articles 2008-08-01

  • RHR International Speaks, Honors, and Recruits at APA Convention

    CHICAGO -- RHR International Company, a world leader in executive and organizational development, will be well represented at the 116th Annual American Psychological Association APA Conference to be held in Boston, Massachusetts on August 14 - 17. In a presentation entitled "Impact of Confidence in Leadership on Commitment...

    Articles 2008-07-31

  • RPSEA Announces Additional Projects for the Ultra-Deepwater Program

    New Department of Energy and Privately Funded Research Will Help Meet U.S. Energy Demand and Lower Costs for Consumers SUGAR LAND, Texas -- The Research Partnership to Secure Energy for America RPSEA announced today that an additional nine proposals have been selected for negotiations leading to an award...

    Articles 2008-07-28

  • Zacks #1 Rank Top Performers: Somanetics, GMX Resources, America's Car-Mart, The9 Limited and Penn Virginia

    CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were Somanetics Corporation (NASDAQ: SMTS), GMX Resources, Inc. (NASDAQ: GMXR), America's Car-Mart, Inc. (NASDAQ: CRMT), The9 Limited (NASDAQ: NCTY)...

    Articles 2008-07-08

  • Resource America, Inc. To Report Operating Results for Third Fiscal Quarter 2008 and To Host Conference Call and Live Webcast

    PHILADELPHIA -- Resource America, Inc. (NASDAQ:REXI) (the "Company") announced today that it will release its third fiscal quarter 2008 results on Wednesday, August 6, 2008, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on...

    Articles 2008-07-08

  • Resource Capital Corp. To Report Operating Results for Second Quarter 2008

    PHILADELPHIA -- Resource Capital Corp. (NYSE:RSO) (the "Company") announced today that it will release its second quarter 2008 results on Monday, August 4, 2008, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Tuesday, August...

    Articles 2008-07-08

  • Resource Capital Corp. Declares Quarterly Cash Dividend

    Resource Capital Corp. (NYSE: RSO) ("RCC")announced today that its Board of Directors has declared a cash dividend of$0.41 per common share for the quarter ending June 30, 2008. The dividendwill be paid on July 28, 2008 to holders of record on June 30, 2008. Resource Capital Corp. is...

    Articles 2008-06-19

  • Baffinland Appoints AMEC for EPCM Services, Completes DFS Expansion Study and Provides an Operations Update

    Baffinland Iron Mines Corporation ("Baffinland") (TSX: BIM) is pleased to announce the appointment of AMEC to provide engineering, procurement and construction management services ("EPCM") for the Mary River Project (the "Project"). The assignment includes basic and detailed engineering services, logistics planning, procurement support and construction management services over...

    Articles 2008-06-19

  • CB Richard Ellis Group, Inc

    CB Richard Ellis Group, Inc. CBRE announced that Nanette Black, a human resources executive with extensive corporate expertise, has joined the firm as vice president of human resources for the Americas. In this position, Dr. Black will serve as a member of CBRE's America's strategic leadership team, with...

    Articles 2008-06-04

  • Resource America, Inc. Closes on New Debt Facilities for Its Managed Equipment Leasing Funds

    Resource America, Inc. (NASDAQ: REXI)announced today that its subsidiary, LEAF Financial Corporation ("LEAF"),has closed on a new debt facility for LEAF Equipment Leasing Income FundIII, L.P. ("LEAF III") and extended an existing facility for LEAF EquipmentLeasing Income Fund II, L.P. ("LEAF II"). These additional facilitiesprovide LEAF's investors with approximately...

    Articles 2008-06-03

  • Resource America, Inc. Announces the Completion of Resource Real Estate Investors 6, L.P.

    Resource America, Inc. (NASDAQ: REXI) (the"Company") announced today that its subsidiary, Resource Real Estate("RRE"), has successfully completed the private offering of Resource RealEstate Investors 6, L.P. ("R6" or the "Fund"). The Fund acquired eightassets, with a gross value of $76 million, which include five equitypositions and three subordinated debt...

    Articles 2008-05-20

  • Resource America, Inc. Announces Completion of Assignment and Assumption of U.S. Management Contracts

    Resource America, Inc. (NASDAQ: REXI)announces today that its subsidiary, Apidos Capital Management, LLC("Apidos"), has successfully been assigned the management contracts of fourCollateralized Loan Obligations ("CLO") totaling approximately $1.3billion. Apidos Capital Management, LLC represents the U.S. leveraged loaninvestment arm of Resource America and is an affiliate of Resource EuropeManagement Limited (the...

    Articles 2008-05-15

  • Resource America, Inc. Reports Operating Results for the Second Fiscal Quarter Ended March 31, 2008

    Resource America, Inc. (NASDAQ: REXI) (the"Company") reported adjusted income from continuing operations, a non-GAAPmeasure, of $4.5 million, or $0.24 per common share-diluted and $9.4million, or $0.50 per common share-diluted for the second fiscal quarterand six months ended March 31, 2008, respectively, as compared to $5.9million, or $0.31 per common share-diluted...

    Articles 2008-05-08

  • RPSEA Announces Projects for the Ultra-Deepwater Program

    New Department of Energy and Privately Funded Research Will Help Meet U.S. Energy Demand and Lower Costs for Consumers SUGAR LAND, Texas -- The Research Partnership to Secure Energy for America RPSEA today announced that eight proposals have been selected for negotiations leading to an award under the...

    Articles 2008-05-07

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  • Incorporated: 1966
  • CEO: Mr. Jonathan Z. Cohen
  • Employees: 394

Resource America is an asset management company. Co. originates small and middle-ticket equipment leases and commercial notes secured by business-essential equipment, including technology, commercial and industrial equipment, in its commercial finance operations; Co. invests in multi-family and commercial real estate and real estate mortgage loans and mezzanine loans in its real estate operations; and Co. engages in trust preferred securities of banks, bank holding companies, insurance companies and other financial companies, bank loans, asset-backed securities in its financial fund management operations. As of Sep 30 2007, Co. had total assets of $969.7 million.

Key Competitors

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Resource America Inc. Company Info

Board of Directors

Mr. Edward H. Cohen

Chairman

Mr. Hersh Kozlov

Mr. Michael J. Bradley

Mr. Andrew M. Lubin

Mr. Carlos C. Campbell

Mr. Jonathan Z. Cohen

Mr. Kenneth A. Kind

Mr. John S. White CPA

Contact Information

One Crescent Drive, Suite 203

Philadelphia, PA

http://www.resourceamerica.com

215 546-5005

NAICS Code

Portfolio Management: 523920
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