By Jonathan Stempel NEW YORK (Reuters) - U.S. banks will unleash a tide of poor quarterly results over the next two weeks, yet investors may choose to focus instead on when a recovery might be at hand and how much more capital raising...
This paper presents two tests of the hypothesis that adoption of the internal ratings-based approach to determining minimum capital requirements, as proposed in applying the Basel II capital accord in the United States, will cause adopting banking organizations to increase acquisition activity. The first test estimates the relationship between excess...
This paper examines how bank small business lending in local markets was related to bank merger activity during the mid-1990s. The authors use deposit data reported at the branch level to impute the distribution of bank small business loans across urban and rural markets; they then study the link between...
WORLD MARKETS Stocks rose in trading domin-ated by merger activity, while a US mortgage rescue plan underpinned the broader equities market. Global stocks took heart from a US plan to rescue Fannie Mae and Freddie Mac. Banks were the top gainers, helped by Spanish bank Santander's deal...
CHICAGO -- Liquidity and credit quality are again at the forefront as the critical determinants of the U.S. airline industry's economic viability, according to Fitch Ratings. The sheer magnitude of increasing energy prices and resulting weak cash flows make further industry consolidation unworkable. Indeed, the mechanism for industry...
LONDON, NEW YORK and CHICAGO, July 15 /PRNewswire/ -- Fox-Pitt Kelton Cochran Caronia Waller ("FPKCCW"), a leading global investment bank specializing in the financial services sector, announced today that John Roddy has joined the firm as a Managing Director and will head the firm's North American Depository Institutions Advisory...
Dr. Phillip Frost Leads 10 Million Dollar Investment in Kidville NEW YORK and MIAMI, July 14 /PRNewswire/ -- Kidville Holdings, LLC -- operating as "Kidville" and named 'best of' by New York Magazine and given a five star "extraordinary" customer rating in The Lila Guide: New Parent...
Jesup & Lamont to advise on possible mergers and acquisitions (M&A) BOTHELL, Wash. -- Neah Power Systems, Inc., (OTCBB: NPWS), a leading developer of fuel cells for military applications and portable electronic devices, announced today that it engaged Jesup & Lamont Securities Corporation ('Jesup & Lamont') as its...
ROCKVILLE, Md. -- The combined deal value of mergers and acquisitions in the debt collection / accounts receivable management ARM industry could exceed last year's US$1.65 billion, according to Kaulkin Ginsberg, the leading strategic advisor to the industry. Despite the fact that only five M&A transactions closed in the second...
NORWALK, Conn., July 9 /PRNewswire/ -- According to a new Report from Irving Levin Associates, a total of 265 mergers and acquisitions were announced in the health care industry during the second quarter of 2008, a 19% increase from the 223 deals announced in the prior quarter. Based on...
HOFFMAN ESTATES, Ill. -- Career Education Corporation (NASDAQ:CECO) said today that Todd Steele has resigned from his position as Senior Vice President, International, Business Development & Planning. Mr. Steele's responsibilities have been realigned within the company's executive leadership team to provide additional opportunities to utilize their talent and...
AmeriChip International, Inc. (OTCBB: ACII) announced today that Mr. Michael A Kaptein has been appointed as anew member of the Board of Directors of AmeriChip International, Inc.,effective immediately. Mr. Michael A Kaptein will serve as an independentmember of the Board of Directors. About Mr. Kaptein: Mr. Kaptein is currently a...
WASHINGTON -- FOCUS LLC, a national middle market investment banking firm providing merger, acquisition and corporate finance services, announces the formation of its Information Technology Group. Over the past several years, the most active industry for FOCUS has been information technology. To better serve clients in this segment, FOCUS has...
1913: Federal Resewe Act creates national banking system. 1914: Federal Trade Commission Act prohibits unfair or deceptive business practices. 1933: With memories of 1929 stock crash still fresh, Glass-Steagall Act separates "commercial banks" focusing on consumer activities (checking, savings) from "investment banks," which deal with speculative...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/20cfaa/technology_finance) has announced the addition of the "Technology Finance Monthly Roundup - March 2008" report to their offering. Introduction Getting an understanding of which technology sectors are experiencing the most activity, and which type of investor and advisor are playing...
Amaro UD July 1st , 2008 - Eurotech SpA has notified today the completion of the merger between United States-based ARCOM Inc. and Applied Data Systems into Eurotech Inc. Eurotech Inc. becomes a leading provider for the American market of application-ready embedded computer systems for low power and high performance...
Clorox, General Dynamics, IFS, Kaydon, & OM Group Among New Customers CAMBRIDGE, Mass. -- PowerSteering, the only On-Demand, Enterprise PPM software used to manage Information Technology, Six Sigma, Product Development and other enterprise initiatives, today announced outstanding Q2 sales results and the addition of many new customers. ...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/9f9197/technology_finance) has announced the addition of the "Technology Finance Monthly Datasheet - March 2008" report to their offering. While the technology industry drives innovation in businesses across the globe, the industry itself is shaped by flows of investment which are continuously changing....
[ILLUSTRATIONS OMITTED] To merge or not to merge? That is the question. The wholesale insurance industry like other sectors is experiencing a soft market, though certainly not for the first time. One by-product is increasing merger-and-acquisition activity, which has a profound impact on a sector of...
PAIVIS CORP. ("Paivis" or the "Company")(PINKSHEETS: PAVC) today announced to its shareholders it will immediatelyimplement a plan to push Trustcash Holdings, Inc. ("Trustcash") to closethe merger before the mid August quarterly report due date. The Company feels its stock is very undervalued currently and will doeverything possible for increased shareholder...
