finance company

BNET Resources

• sort by:
• Relevance
• Date
• Popularity

CIT Sells $1.5 Billion of Stock

NEW YORK (Reuters) - CIT Group Inc (CIT), a commercial finance company trying to raise cash amid the global credit crisis, on Tuesday said it sold $1.5 billion of common stock and convertible preferred stock, 50 percent more than planned, in...

Tags: Financial Planning, Financial accounting, finance company, convertible preferred stock, common stock, dividend, finance, New York, shareholder, asset, leasing, stock, Thomson Reuters Corp., payment, bank

News items 2008-04-22

Pension Plans And Finance Companies

Pension plans are financial schemes designed to dispense monetary incentive to employees upon retirement. They include contributory, non-contributory, public, and private pension plans. These plans seek to enhance motivation level among the employees. The paper discusses the different types of pension plans. The operating dynamics of the same in context...

Tags: Benefits, Financial accounting, Thomson Corp., pension plan, finance, motivation, incentive, financial

Presentations 2003-01-01

Does Corporate Lending by Banks and Finance Companies Differ? Evidence on Specialization in Private Debt Contracting

This paper establishes empirically that specialization in private-market corporate lending exists, adding a new dimension to the public vs. private debt distinctions now common in the literature on debt contracting and financial intermediation. The central theme of this research consisted in the paper concerns why, and to what degree, private...

Tags: Financial accounting, specialization, finance, bank, financial

White papers 1996-01-01

Additional Resources

Charcol asks founders for fresh funds as credit squeeze hits brokers

The turmoil in the housing market continued to bite yesterday as the mortgage broker John Charcol admitted it would have to call on its founders for cash while its trade body complained to the City watchdog that banks were unfairly excluding brokers from the best home loan deals. ...

Articles 2008-05-08

Airship Ventures Completes $8 Million Series A Financing

Airship Ventures, a privately heldcorporation formed to bring Zeppelin NT airship operations to the USA,today announced that it had closed its Series A Preferred Stock financingon Monday with investments from six individuals. Terms of the financingwere not disclosed. Brian Hall, President of Airship Ventures, commented, "Achieving thissignificant milestone allows us...

Articles 2008-05-08

AutoMax Group, Inc. Launches Its New Website www.AutoMaxGroup.net

AutoMax Group Inc. (PINKSHEETS: AUMX), a companythat finances and sells hard-to-find and exotic luxury cars and highperformance powerboats, is proud to announce the launch of it companywebsite. Robert Rico, President and Founder of AutoMax Group, stated, "First of all,we would like to express our thanks to the creative team at...

Articles 2008-05-08

Upper Canyon Closes Financing With MineralFields Group

Upper Canyon Minerals Corp. (the "Company") (TSX VENTURE: UCM) announces that it has closed a non-brokered private placement of 2,000,000 flow-through units at a price of $0.30 per unit for gross proceeds of $600,000.00 (the "Private Placement"). MineralFields Group of Ontario has purchased all the units under the Private Placement....

Articles 2008-05-08

Electrovaya to Present at BioFinance 2008 CleanTech Seminar

Electrovaya Inc. (TSX: EFL) ("Electrovaya") today announced that the company's Chief Executive Officer, Dr. Sankar Das Gupta, will present an update on Electrovaya's growth strategy and development of its proprietary Lithium Ion SuperPolymer® battery technology at the BioFinance 2008 CleanTech Seminar to be held at the Marriott Eaton Centre in...

Articles 2008-05-08

Biz360 Secures $10 Million in Funding to Expand Product Line and Boost Marketing & Sales Personnel

Biz360® Inc., the leading provider of mediaand market intelligence solutions, announced the closing of a $10 millionround of financing. The round was led by Foundation Capital, with fullparticipation of other current investors, Granite Ventures and ScaleVenture Partners. With an opportunity to extend its market-proven suite of businessintelligence products, Biz360 plans...

Articles 2008-05-08

Altai Resources Inc. Closed $1.9 Million Financing

Altai Resources Inc. (TSX VENTURE: ATI)(IN U.S.A.:SEC. RULE 12g3-2(b) FILE # 82-2950) ("Altai" or "Company") is pleased to announce that it has closed a non-brokered private placement subject to the final approval of the TSX Venture Stock Exchange. The private placement of 2,000,000 common share units at a price of...

Articles 2008-05-08

C.A. Bancorp Inc. (TSX: BKP) Reports Q1-2008 Financial Results

C.A. Bancorp Inc. ("C.A. Bancorp" or the "Company") (TSX: BKP) reports its first quarter 2008 financial results. During the first quarter of 2008, the Company: - Formed C.A. Bancorp Canadian Realty Finance Corporation (CRFC), a mutual fund corporation that provides tax-efficient exposure to Canadian commercial real estate loans. CRFC's preferred...

Articles 2008-05-08

MediaTechnics Develops Dedicated Funding Program for Clients

MediaTechnics Corporation (formerly SilveradoFinancial, Inc.) (PINKSHEETS: SLVO) is pleased to announce that its whollyowned subsidiary, MediaTechnics Systems Inc., has entered into a jointventure with Amerifund Inc. to help clients fund capital equipmentpurchases of CD and DVD duplication equipment. Amerifund ( www.amerifund.cc ) is a national working capital and equipmentfinance company...

Articles 2008-05-08

/ CORRECTION - Coates International, Ltd. Announces $1.1 Billion Equipment Financing Commitment Obtained by Well to Wire Energy, Inc.

In the news release, "CoatesInternational, Ltd. Announces $1.1 Billion Equipment Financing CommitmentObtained by Well to Wire Energy, Inc.," issued earlier today by CoatesInternational, Ltd. (OTCBB: COTE), we are advised by the company that thesecond sentence of the second paragraph should read "WWE has madeadditional payments in April and May 2008,...

Articles 2008-05-07

Semcan Inc.: Strategic Alliance to Provide Industrial Users With a Fully Managed Service for Their Water and Wastewater Treatment Requirements...Joint Venture Between Naston Ltd and Aqueduct plc

Semcan Inc, (TSX VENTURE: STT) a leading worldwide supplier of environmental solutions to industry, today announces that its United Kingdom subsidiary Naston Limited has formed a Strategic Alliance with Aqueduct PLC, a UK water services management company that in conjunction with finance and engineering partners, fully funds, designs, builds and...

Articles 2008-05-07

Migao Corporation to Host Second Quarter Financial Results Conference Call

Migao Corporation (TSX: MGO)will be hosting a conference call to discuss the Company's second quarter financial results for the period ending March 31, 2008. Mr. Lui Guocai, CEO, Paul Haber, CFO, and Jay Hussey, V.P. Corporate Finance will be hosting the call. Migao will be issuing a press release announcing...

Articles 2008-05-07

Veramark to Announce First Quarter Results and Hold Conference Call

PITTSFORD, N.Y. -- Veramark Technologies, Inc. (OTCBB:VERA.OB) a leading provider of communication management solutions, will issue its financial results for the first quarter ended March 31, 2008. News release date: Monday, May 12, 2008 Conference call date: Tuesday, May 13, 2008 2:00 PM Eastern Time ...

Articles 2008-05-07

Channel M Names Peter Lee Chief Technology Officer and Chief Strategy Officer

Digital Out-of-Home Video Leader Hires Former Disney Executive as First CTO to Build-out Nationwide Content and Advertising Distribution Network LOS ANGELES -- Channel M, a leading digital out-of-home video company, today announced it has appointed Peter Lee to the role of Chief Technology Officer (CTO) and Chief Strategy...

Articles 2008-05-07

Intrexon Corporation Secures $25 Million Series C-2 Investment

Third Security, LLC Provides Funding for Expanded Clinical Development BLACKSBURG, Va. -- Intrexon Corporation, a privately held life sciences company focused on biotherapeutic control systems, announced today it has closed a $25 million Series C-2 financing by New River Management V, LP, a private investment fund managed by...

Articles 2008-05-07

Psychiatric Solutions to Present at the Bank of America Securities Health Care Conference

FRANKLIN, Tenn. -- Psychiatric Solutions, Inc. ("PSI") (NASDAQ: PSYS) announced today it will participate in the Bank of America Securities Health Care Conference, which takes place May 13th through May 15th in Las Vegas, Nevada at The Four Seasons. In connection with the conference, there will be an on-line simulcast...

Articles 2008-05-07

European stock markets rise on coat-tails of Wall Street

LONDON (AFP) — Europe's main stock markets rallied on Wednesday as dealers took their cue from Wall Street gains and digested a fresh batch of positive earnings news. In late morning trade, London's FTSE 100 index of top companies won 0.66 percent to 6,256.20 points. Frankfurt's...

Articles 2008-05-07