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Five Star Bank wants out of TARP program
Posted: May 31st, 2009, 11:00pm EDT
At least one Western New York bank that borrowed funds as part of the U.S. Treasury Department’s Capital Purchase Plan is exploring options to pay the money back to the federal government. -
Skittish market chills Kansas City-area loans
Posted: May 31st, 2009, 11:00pm EDT
Kansas City-area banks still have money available to make commercial real estate loans, but actually getting it to borrowers is a different story. -
Missouri angel credit bill fails, but effort will take wing again
Posted: May 31st, 2009, 11:00pm EDT
A push to create a tax credit for investors in Missouri startups fizzled at the end of the session, but proponents say their efforts are far from over. -
Loan defaults drag bottom lines
Posted: May 31st, 2009, 11:00pm EDT
As of March 31, Trustco Bank had $42 million in non-performing loans on its books. -
Peachtree Equity raises $60M for lending fund
Posted: May 31st, 2009, 11:00pm EDT
Peachtree Equity Partners has raised $60 million for its newest fund, the largest in the private equity firm’s nearly decade-long history. -
Deep-pocketed owners to revitalize BankUnited
Posted: May 31st, 2009, 11:00pm EDT
What emerges from the ashes of the old BankUnited’s collapse could turn into an even stronger force in South Florida banking and a more formidable competitor for other banks. (BKUNA) -
Credit unions in alliance see mortgage volume rise
Posted: May 31st, 2009, 11:00pm EDT
Credit unions that have joined a mortgage alliance between Fannie Mae and the National Association of Federal Credit Unions saw a 242 percent surge in residential mortgage lending volume in the first quarter, compared with the same period a year ago. -
Cost, value spur SunTrust to ‘dribble out’ stock sale
Posted: May 31st, 2009, 11:00pm EDT
A stock offering by a banking firm with an extensive presence in the Triad is in a form not seen much in the equity world. -
Banks fight misconceptions about the TARP program
Posted: May 31st, 2009, 11:00pm EDT
NORTHEAST FLORIDA — Whether it’s a bank working quickly to pay off the U.S. Treasury or one trying to stay afloat independently, all are working harder at squashing misperceptions generated by the government’s bank relief programs. (SNV) (BBT) -
Feds tell West Georgia bank it must sell itself
Posted: May 31st, 2009, 11:00pm EDT
One of the banking business’ little-known regulatory actions is rearing its head as the banking crisis worsens. -
Charlotte financial firms tap into a deep talent pool
Posted: May 31st, 2009, 11:00pm EDT
John Fennebresque Jr. launched an investment bank in Charlotte last year, and within a few months the economy crashed. -
Seattle-area SBA loans increase by 25 percent
Posted: May 31st, 2009, 11:00pm EDT
The Obama administration’s plan to increase lending to small businesses seems to be working, at least so far. -
Clay & Land Insurance adds $25 million in deposits to MetLife Bank
Posted: May 31st, 2009, 11:00pm EDT
MetLife, Inc., insurance broker Clay & Land Insurance, Inc., brought in nearly $25 million in deposits to MetLife Bank in 2008 as customers flocked to the safety and security of certificates of deposit and money markets. -
Paragon Commercial Bank adds local panel to help bank expand in Charlotte
Posted: May 31st, 2009, 11:00pm EDT
Paragon Commercial Bank has created a regional advisory board to help guide its growth in the Charlotte market. -
Charlotte-area banks unsure about ARC loans
Posted: May 31st, 2009, 11:00pm EDT
A sweetheart deal for small businesses that need debt relief has local entrepreneurs clamoring for a new Small Business Administration loan program. -
Microloans up, big loans down for small businesses this year
Posted: May 31st, 2009, 11:00pm EDT
Lending data collected by the Small Business Administration’s Office of Advocacy confirms the importance of business credit cards to small firms. -
Lender to banks rattled by plunging investments
Posted: May 31st, 2009, 11:00pm EDT
One of New England’s most important banks, and a necessary catalyst to any potential housing market recovery, faces a crisis over a $4.1 billion investment portfolio that is riddled with junk-rated securities valued at 51 cents on the dollar — and sinking. -
St. Louis bank numbers paint ugly picture
Posted: May 31st, 2009, 11:00pm EDT
More than half of the 78 commercial banks chartered in the St. Louis region saw their profits fall or their losses increase in the first quarter, an indication the industry hasn’t hit bottom yet. -
Standard Chartered Bank to expand Houston energy offerings
Posted: May 31st, 2009, 11:00pm EDT
One of Britain’s largest financial institutions has received regulatory approval to expand its horizons in Houston and offer a wider array of services to energy-sector clients. -
New SBA provisions broaden inventory loan options for U.S. auto dealers
Posted: May 31st, 2009, 11:00pm EDT
The U.S. Small Business Administration announced Thursday plans to make loans available to qualifying automobile dealers. -
M&T Bank shutters six Provident Bank branches
Posted: May 31st, 2009, 11:00pm EDT
M&T Bank Corp. has closed six former Provident Bank branches in the Washington, D.C., area and will take the next year and a half to decide whether to shutter others in the region following its acquisition of Provident Bankshares Corp. -
Susquehanna Bank trying to develop niche in nonprofits
Posted: May 31st, 2009, 11:00pm EDT
In an area that is home to a slew of nonprofit organizations dedicated to everything from feeding the hungry to helping at-risk youngsters, Susquehanna Bank has made these do-good organizations a central part of its growth strategy. -
Chase bank hiring 200 in Milwaukee
Posted: May 31st, 2009, 11:00pm EDT
Chase bank, which earlier this year laid off 270 employees in downtown Milwaukee, is hiring about 200 employees to handle a large volume of mortgage modification requests from homeowners nationwide. -
A capital conundrum
Posted: May 31st, 2009, 11:00pm EDT
In late March, Los Alamos National Bank became the first bank in New Mexico to receive funding from the federal Troubled Asset Relief Program. -
Sensing a void, Cambria steps into loan sector
Posted: May 31st, 2009, 11:00pm EDT
Mark Davis’ family, which owns dairy company Davisco Foods International Inc. and kitchen countertop maker Cambria is now getting into the home-mortgage business. -
Firm releases risk ratings for commercial real estate loans
Posted: May 31st, 2009, 11:00pm EDT
Loans for multifamily housing investments are the least risky of all commercial real estate loans in Sacramento, but loans for retail and industrial properties might be highly suspect, according to a newly released index that aims to demonstrate lenders’ risks. -
Most Florida banks swoon; three provide model for growth
Posted: May 31st, 2009, 11:00pm EDT
Most of the largest Tampa Bay area banks slipped deeper in the red in the first quarter of 2009, but three local banks bucked the trend. (CNB) -
Regulators order changes at Red Mountain Bank
Posted: May 31st, 2009, 11:00pm EDT
Red Mountain Bank, a five-year-old financial institution that grew rapidly amid the housing boom, is under special orders from federal regulators to overhaul its banking operations. -
Credit unions’ financials show mixed bag of results
Posted: May 31st, 2009, 11:00pm EDT
Although most area credit unions were not stung by the sub-prime lending crisis, they are still feeling the effects of the recession. -
USAA plans first-ever off-campus retail financial centers in San Antonio
Posted: May 31st, 2009, 11:00pm EDT
For the first time in its history, locally based USAA plans to open two retail financial centers in San Antonio. -
Dems retrench on corporate minimum tax
Posted: May 31st, 2009, 11:00pm EDT
Democrats are rethinking their original plans to raise Oregon’s $10 corporate minimum tax. -
Venture capitalist chosen to lead SBA’s Advocacy office
Posted: May 31st, 2009, 11:00pm EDT
President Barack Obama has named a venture capitalist chief counsel of the Small Business Administration’s Office of Advocacy, a post usually held by an attorney. -
Analysts see ‘explosive’ growth ahead for banks
Posted: May 31st, 2009, 11:00pm EDT
More voices are joining the chorus calling for banks to reap huge profits in just a few years. -
New rules ease tension over valuation of assets
Posted: May 31st, 2009, 11:00pm EDT
In yet another effort to return liquidity to the nation’s constricted credit markets, banking companies and other corporations received this spring some flexibility in how they value those widely cited “toxic assets” weighing down balance sheets. -
Bankers examine expenses, possible cuts to prepare for new FDIC fees
Posted: May 31st, 2009, 11:00pm EDT
Facing a special Federal Deposit Insurance Corp. assessment, Tampa Bay area community bankers are looking at expenses and planning cuts in preparation for additional fees. -
Banks bend for commercial property owners
Posted: May 31st, 2009, 11:00pm EDT
Billy Bishop sees a light at the end of the tunnel for some of his commercial property clients — strip shopping center landlords and owners of small commercial spaces — who’ve been struggling to make mortgage payments. -
Sloan resigns from BofA board
Posted: May 29th, 2009, 5:47pm EDT
Longtime Bank of America Corp. director O. Temple Sloan Jr. has resigned from the bank’s board. (BAC) (LOW) -
Healy Tibbitts gets Pearl Harbor work
Posted: May 29th, 2009, 5:08pm EDT
An Aiea firm has been awarded a $8.7 million under a previously awarded contract by the U.S. Navy. -
Sale of Avalon Pharmaceuticals completed
Posted: May 29th, 2009, 5:00pm EDT
Avalon Pharmaceuticals Inc. no longer exists as an independent company. Its sale to a Massachusetts biotech for $10 million in stock has been completed. (CLDA) -
Sec. of Revenue clarifies historic tax credits
Posted: May 29th, 2009, 4:50pm EDT
The Kansas Department of Revenue has issued new guidelines about the future of the state’s historic preservation tax credit program, which was capped earlier this month by the Legislature. -
Crist signs workers comp bill
Posted: May 29th, 2009, 4:45pm EDT
Gov. Charlie Crist signed into law a bill that regulates how much attorneys representing employees in workers compensation cases can be paid. -
Regatta at Sailboat Bend faces foreclosure
Posted: May 29th, 2009, 4:30pm EDT
The developer of the Regatta at Sailboat Bend townhouse project in Fort Lauderdale is facing foreclosure. -
Stock Building to close Triad store
Posted: May 29th, 2009, 4:17pm EDT
Stock Building Supply will close its Kernersville store as part of its Chapter 11 bankruptcy reorganization. -
Bay Area CFOs of the year named
Posted: May 29th, 2009, 4:09pm EDT
The fourth annual Bay Area CFO of the Year Awards on Thursday recognized 18 leading chief financial officers, including lifetime-achievement award winner Peter Darbee of PG&E Corp., and raised $360,000 to help homeless youth get off the streets of San Francisco. (CLX) (LLTC) (ADBE) (PEET) (RVBD) (V) (SYMC) (NSM) -
GDOT awards first stimulus contracts
Posted: May 29th, 2009, 4:04pm EDT
The Georgia Department of Transportation Friday awarded its first federal stimulus-funded contracts for highway projects across the state, with construction due to begin next month. -
Sloan resigns from BofA board
Posted: May 29th, 2009, 4:03pm EDT
Longtime Bank of America Corp. director O. Temple Sloan Jr. has resigned from the bank’s board. (BAC) (LOW) -
SBA offering car dealers help
Posted: May 29th, 2009, 3:59pm EDT
The U.S. Small Business Administration announced Thursday afternoon that it will offer financing for auto dealer inventory starting July 1. -
Sutter's Fort, Capitol Museum on list of proposed state park closures
Posted: May 29th, 2009, 3:54pm EDT
Gov. Arnold Schwarzenegger’s recommendation to cut parks spending by $70 million would require parks that don’t pay their own way be closed, including Sacramento icons like Sutter’s Fort, the State Capitol Museum, the California Indian Museum & Cultural Center, the Leland Stanford Mansion, the Governor’s Mansion and Marshall Gold Discovery State Historic Park. -
KCC approves Westar rate increase
Posted: May 29th, 2009, 3:48pm EDT
The Kansas Corporation Commission announced Friday it had approved a rate increase for Westar Energy customers beginning June 1. -
Streamline gains on Canadian contract
Posted: May 29th, 2009, 3:35pm EDT
Streamline Health Solutions’ stock closed up 20 percent Friday on news of a major deal in Canada. -
Report: Former BofA exec to head Fla. bank
Posted: May 29th, 2009, 3:30pm EDT
Gene Taylor, a former vice chairman of Bank of America Corp., is expected to be named chief executive of a small Florida bank being bought by three private-equity firms. (BAC) -
Boca Raton’s Piccadilly Square faces foreclosure
Posted: May 29th, 2009, 3:06pm EDT
The owners of the Piccadilly Square shopping center in Boca Raton are facing foreclosure. -
Seer Capital selects U.S. Bancorp to oversee fund
Posted: May 29th, 2009, 2:45pm EDT
Milwaukee-based U.S. Bancorp Fund Services LLC has been selected as fund administrator for the master fund of Seer Capital Partners Master Fund L.P. (USB) -
Two Catholic Knights’ ratings downgraded
Posted: May 29th, 2009, 2:26pm EDT
The Catholic Knights Society, Milwaukee, had two of its ratings downgraded by A.M. Best Co., which said the outlook for both ratings is stable. -
Pinnacle plans stock offering
Posted: May 29th, 2009, 2:01pm EDT
Pinnacle Financial Partners is planning a $15 million stock offering, according to filings with the Security and Exchange Commission. -
State Fund files for 15% July 1 workers’ compensation rate increase
Posted: May 29th, 2009, 1:50pm EDT
The State Compensation Insurance Fund, the quasi-public San Francisco-based workers’ compensation insurer that has long held the lion’s share of the state’s comp market, said Friday it has filed for a 15 percent mid-year rate increase. -
Shattuck: Renewed ‘earnings power’ will propel Constellation Energy forward
Posted: May 29th, 2009, 1:42pm EDT
Constellation Energy Group Inc. CEO Mayo A. Shattuck III reassured shareholders Friday that the company has moved beyond the tumult of late 2008, but some of them still called for his resignation at Constellation’s annual meeting. (CEG) -
NY pension fund down $44B since last year
Posted: May 29th, 2009, 1:30pm EDT
The state pension fund has lost almost 30 percent of its value over the past year, state Comptroller Thomas DiNapoli said on Friday. -
Otsego bank ordered to change practices
Posted: May 29th, 2009, 1:06pm EDT
Riverview Community Bank, based in Otsego, was ordered to improve its banking practices in a regulatory order made public Friday. -
Bank of America files foreclosure suit against Kenwood Towne Place
Posted: May 29th, 2009, 12:58pm EDT
Bank of America has sued the Bear Creek Capital and other developers of Kenwood Towne Place, seeking repayment of more than $81.3 million in loans and a sheriff’s sale of the mixed-use development. (BAC) -
Facebook, VCs give 18 developers seed money
Posted: May 29th, 2009, 12:54pm EDT
Facebook has announced the names of 18 Internet startups that have won seed funding, a chance to participate in a 10-week incubator program and the opportunity to get even more venture funding down the road. -
Triad gets $8.8M for stimulus road work
Posted: May 29th, 2009, 11:47am EDT
The state has awarded 17 highway contracts paid for by the federal stimulus bill. The contracts total $102.8 million and were awarded to the lowest bidder. -
Airways Business Center sells for $7.27M
Posted: May 29th, 2009, 11:45am EDT
Owners of a warehouse at the Airways Business Center in Aurora have sold the property for $7.27 million, according to Adams County real estate records. -
Real deals: Airways Business Center sells for $7.27M
Posted: May 29th, 2009, 11:45am EDT
Owners of a warehouse at the Airways Business Center in Aurora have sold the property for $7.27 million, according to Adams County real estate records. -
Facebook, VCs give 18 developers seed money
Posted: May 29th, 2009, 11:31am EDT
Facebook has announced the names of 18 Internet startups that have won seed funding, a chance to participate in a 10-week incubator program and the opportunity to get even more venture funding down the road. -
Federated enters into agreement with Touchstone Advisors
Posted: May 29th, 2009, 11:27am EDT
Federated Investors Inc., a Pittsburgh-based investment management firm, said Friday it has a definitive agreement with Touchstone Advisors Inc., Cincinnati, to acquire $233 million in assets from two Touchstone mutual funds. Financials were not disclosed. (FII) (FII) -
Richard E. Hug joins BankAnnapolis board
Posted: May 29th, 2009, 11:11am EDT
Richard E. Hug, chairman and chief executive officer of Hug Enterprises, Inc., a business and real estate investment and consulting company, has been elected to the BankAnnapolis board of directors, the bank announced Thursday. (ANNB) -
Huntington promotes pair of execs
Posted: May 29th, 2009, 10:41am EDT
Huntington Bancshares Inc. has elevated two of its upper-level executives. -
Wells economist sees growth in second half
Posted: May 29th, 2009, 8:50am EDT
The worst of the economic downturn likely is over, and the U.S. economy may grow by about 3 percent in the second half of the year, a top Wells Fargo & Co. economist told a Denver audience Thursday. (WFC) -
Wells economist sees growth in second half
Posted: May 29th, 2009, 8:06am EDT
The worst of the economic downturn likely is over, and the U.S. economy may grow by about 3 percent in the second half of the year, a top Wells Fargo & Co. economist told a Denver audience Thursday. (WFC) -
Fidelity companies name new board members
Posted: May 28th, 2009, 8:04pm EDT
The Fidelity National spin-off companies each approved several new board members during back-to-back annual shareholders' meetings Thursday. (LPS) (MV) (FIS) (FNF) -
Lowder retiring from Colonial BancGroup
Posted: May 28th, 2009, 4:53pm EDT
Colonial BancGroup announced Thursday that founder and current CEO Robert E. Lowder plans to retire. -
St. Petersburg broker Steven Shrago charged in fraud case
Posted: May 28th, 2009, 4:29pm EDT
The Securities and Exchange Commission charged 10 brokers with fraud, alleging they disguised the risks of investing in mortgage-backed securities. -
Foreclosures mount for Monroe’s Prestige Group
Posted: May 28th, 2009, 4:26pm EDT
Bank of America has filed foreclosure actions against an existing and a proposed shopping center in Miami-Dade County: the 127th Street Shopping Center in North Miami and Vista Del Lago in Cutler Bay. -
2 Orlando firms back Colonial Bank rescue
Posted: May 28th, 2009, 4:20pm EDT
Two Central Florida businesses are part of a consortium of businesses investing $300 million to rescue Colonial Bank, a Montgomery, Ala., lender that is Central Florida’s fourth largest bank. -
Colonial BancGroup’s chief executive steps down
Posted: May 28th, 2009, 4:11pm EDT
Robert Lowder, chairman, president and chief executive of Colonial BancGroup Inc., is retiring. (CNB) -
Curbstone Group opens Tampa office
Posted: May 28th, 2009, 4:02pm EDT
Curbstone Group, a private money management firm established in 2009, has opened offices in Tampa. The company also opened offices in Houston and Boston. -
Small Business Administration to offer loans to auto, RV dealers
Posted: May 28th, 2009, 3:13pm EDT
Beginning July 1, the U.S. Small Business Administration will offer government-guaranteed loans to some automobile, recreational vehicle and boat dealers, to be used to buy inventory. -
Wells Fargo CEO says California in 'financial ruin'
Posted: May 28th, 2009, 2:40pm EDT
Wells Fargo CEO John Stumpf said Thursday that California’s large budget deficit means state services will have to be cut. -
BofA launches share offering
Posted: May 28th, 2009, 2:32pm EDT
Bank of America Corp. is launching an offer to exchange preferred stock for up to 200 million common shares. The offer is part of an effort to raise $33.9 billion in capital that federal regulators say BofA needs to survive after they evaluated its ability to withstand a deeper recession. (BAC) -
Wells Fargo: Growth possible in second half
Posted: May 28th, 2009, 2:17pm EDT
The worst of the economic downturn likely is over, and the U.S. economy may grow by about 3 percent in the second half of the year, a top economist at Wells Fargo told a Denver audience Thursday. -
State begins paring Emp Zone recipients
Posted: May 28th, 2009, 2:07pm EDT
Nearly 50 local companies found out Thursday that they have been removed from a state-approved Empire Zone tax credits program while more than 50 others need to supply the Empire State Development Corp. with further information to maintain their incentives. -
Johnson & Johnson files to end Schering-Plough relationship
Posted: May 28th, 2009, 1:55pm EDT
Johnson & Johnson, as expected, filed an arbitration demand with the American Arbitration Association seeking a ruling that would end a distribution agreement between its subsidiary Centocor Ortho Biotech and Schering-Plough Corp. (JNJ) (MRK) (SGP) -
Foamex sale to MatlinPatterson, Black Diamond OK’d
Posted: May 28th, 2009, 1:47pm EDT
Foamex International Inc. said that the sale of the company’s assets to affiliates of private equity firms MatlinPatterson Global Opportunities Partners III LP and Black Diamond Capital Management has been approved in bankruptcy court. -
GenVec plans to raise $5.5M
Posted: May 28th, 2009, 1:34pm EDT
GenVec Inc. plans to raise $5.5 million from a stock sale to a single institutional investor in a deal aimed at beefing up its low cash reserves, but one that earned a thumbs-down from Wall Street. (GNVC) -
Report: Fortress to invest in First Southern Bank
Posted: May 28th, 2009, 1:13pm EDT
Three private equity firms are said to be close to an agreement to make a large investment in Boca Raton-based First Southern Bank, according to a report in the Financial Times on Thursday. -
Fitch rates $294.5M in bonds for Triangle Expressway toll road
Posted: May 28th, 2009, 1:11pm EDT
Fitch Ratings has assigned a “BBB-“ rating to $294.5 million in bonds that the North Carolina Turnpike Authority plans to use to help build the Triangle Expressway toll road. -
FBR Capital Markets launches restructuring group
Posted: May 28th, 2009, 12:17pm EDT
Investment bank FBR Capital Markets Corp. has established a restructuring finance and advisory group in investment banking, the company announced Wednesday. (FBCM) -
Main Street prices share offering
Posted: May 28th, 2009, 12:07pm EDT
Main Street Capital Corp. said Thursday it expects proceeds of about $14 million from an underwritten public offering. (MAIN) -
One Southern Indiana to hold Women in Business program
Posted: May 28th, 2009, 11:49am EDT
One Southern Indiana’s next Women in Business luncheon will feature guest presenter and One Southern Indiana member Whitney Bishop, a business owner, meeting facilitator, trainer and speaker. -
Best Buy starts digital media fund
Posted: May 28th, 2009, 11:45am EDT
Best Buy Co. Inc. is starting an investment fund that will take stakes in digital media. (BBY) -
Ex-Wachovia CEO at private-equity firm
Posted: May 28th, 2009, 11:14am EDT
Former Wachovia Corp. Chief Executive Ken Thompson is working as a senior adviser at private-equity firm Aquiline Capital Partners, an Aquiline spokesman confirms. (WFC) (C) -
Dow closes up 103 points Thursday; Heinz down slightly
Posted: May 28th, 2009, 11:12am EDT
Wall Street, after a rocky morning, climbed upward early Thursday afternoon and stayed there. The Dow finished trading at 8,403.80, up 103.78 points or 1.25 percent. Nasdaq gained 20.71 points or 1.20 percent to end the day at 1,751.79. (HNZ) (AA) (AYE) (ATI) (AEO) (BK) (CNX) (DKS) (FII) (FNFG) (KMT) (KOP) (PNC) (PPG) (X) (WAB) (WCC) -
FirstMerit buys back TARP warrant
Posted: May 28th, 2009, 11:08am EDT
Akron’s FirstMerit Corp. has cut its remaining ties with the federal Capital Purchase Program by buying back a warrant for nearly 1 million shares of company stock. (FMER) -
TD Bank Financial earnings fall by a third
Posted: May 28th, 2009, 10:51am EDT
Because of its nearly tripled loan-loss provision and a signficant increase in non-interest expenses, TD Bank Financial Group said Thursday its net income for the most recent quarter fell 31 percent. (TD) -
Greater Atlantic Bank on verge of failure
Posted: May 28th, 2009, 10:50am EDT
Regulators slapped Greater Atlantic Bank with a prompt corrective action directive, warning the troubled bank that it will be seized if it does not quickly find capital or a merger partner, according to a Wednesday securities filing. -
A.C. Moore to raise $10M in private stock sale
Posted: May 28th, 2009, 9:58am EDT
A.C. Moore Arts & Crafts Inc. said Wednesday it will raise $10 million through a private placement of 4 million shares of common stock. (ACMR) -
Mercury Payment Systems CEO Katz stepping down
Posted: May 28th, 2009, 9:44am EDT
Colorado transaction-processing company Mercury Payment Systems said Thursday that Marc Katz, its founder, will step down as CEO June 1. -
BofA launches share offering
Posted: May 28th, 2009, 9:26am EDT
Bank of America Corp. is launching an offer to exchange preferred stock for up to 200 million common shares. The offer is part of an effort to raise $33.9 billion in capital that federal regulators say BofA needs to survive after they evaluated its ability to withstand a deeper recession. (BAC) -
First Niagara repays $184M in TARP funds
Posted: May 28th, 2009, 8:55am EDT
First Niagara Financial Group Inc., Lockport, N.Y., said Thursday it has repaid the U.S. Treasury Department’s $184 million investment. The government purchased non-voting senior preferred stock last fall under the Capital Purchase Program of the Troubled Assets Relief Program. (PNC) -
Target wins proxy fight with Ackman, Pershing Square
Posted: May 28th, 2009, 8:44am EDT
After a months-long debate between Target Corp.’s management and activist shareholder William Ackman, shareholders voted down Ackman’s effort to gain board representation at their annual meeting Thursday afternoon in Waukesha. (TGT) -
Synovus president Fred Green steps down
Posted: May 28th, 2009, 8:41am EDT
Synovus President Fred L. Green III has resigned. (SNV) -
First Niagara repays $184M in TARP funds
Posted: May 28th, 2009, 8:37am EDT
First Niagara Financial Group, Inc. has repaid the $184 million in TARP money it received from the U.S. Department of Treasury. -
Nova Southeastern University bonds downgraded
Posted: May 28th, 2009, 8:32am EDT
Fitch Ratings downgraded its bond rating for Nova Southeastern University to BBB from BBB+, and cited the declining value of the university’s investment portfolio. -
First Niagara pays back TARP funds
Posted: May 28th, 2009, 6:50am EDT
First Niagara Financial Group Inc. said Thursday it is one of the first financial institutions to repay stock that was sold to the U.S. Treasury under the Capital Purchase Program. (FNFG) -
Janus to make marketing push in Canada
Posted: May 28th, 2009, 3:00am EDT
Janus Capital Group Inc. has announced plans to expand its sales and distribution network in Canada. (JNS) -
Albina Bank gets $10 million in tax credits
Posted: May 27th, 2009, 8:44pm EDT
Albina Bank will get $10 million in new tax credits as a result of the American Recovery and Reinvestment Act, the U.S. Treasury announced Wednesday. -
Feds charge Kauai man in Ponzi scheme
Posted: May 27th, 2009, 6:59pm EDT
A Kauai resident has been charged by the Securities and Exchange Commission for running a Ponzi scheme. -
Cardinal gets $31M in public offering
Posted: May 27th, 2009, 6:27pm EDT
Cardinal Financial Corp., the owner of Cardinal Bank, has raised $31 million from a public offering that provides money to expand during a time of "market turmoil," the company said Wednesday. (CFNL) -
Energy chief Steven Chu joins Phoenix mayor’s push for white roofs
Posted: May 27th, 2009, 6:15pm EDT
Phoenix Mayor Phil Gordon and U.S. Energy Secretary Steven Chu are on the same page when it comes to reducing urban heat islands and energy consumption. -
State Senator wants to remove UC’s autonomy
Posted: May 27th, 2009, 6:04pm EDT
State Sen. Leland Yee (D-San Francisco) co-sponsored a constitutional amendment to give the legislature more control over the system -- removing the University of California’s autonomy, partly as a response to the compensation packages recently given to two new chancellors -- UCSF’s Susan Desmond-Hellmann and UC Davis’ Linda Katehi -- which top $400,000 each. -
Gunn Allen plans acquisition of Boca Raton firm Pointe Capital
Posted: May 27th, 2009, 6:04pm EDT
Gunn Allen Holdings Inc. said it plans to buy Pointe Capital Inc. -
USAA earns top honors in customer advocacy
Posted: May 27th, 2009, 5:12pm EDT
USAA was ranked highest among U.S. banks, investment firms, and insurance companies in terms of customer advocacy, according to a survey conducted by Forrester Research Inc. -
Marquette law school to run foreclosure mediation program
Posted: May 27th, 2009, 5:09pm EDT
The Marquette University Law School will provide mediation between lenders and residential borrowers facing foreclosure under a program funded with proceeds from a successful lawsuit against mortgage lender Countrywide Financial Corp. -
International Speedway Corp. still eyeing Colorado despite local group’s racetrack plans
Posted: May 27th, 2009, 5:08pm EDT
International Speedway Corp., operator of 12 NASCAR auto racetracks, said Wednesday it still has not ruled out building its own track near Denver, despite the announcement of plans for a motor-sports complex by a local investment group. -
Chase doles out $1.6M in Arizona during 1Q
Posted: May 27th, 2009, 5:00pm EDT
JPMorgan Chase & Co. originated nearly 100,000 loans and lines of credit, extending $1.6 billion to individuals and businesses across Arizona in the first quarter, the company announced Wednesday. (JPM) -
Chase doles out $1.6B in Arizona during 1Q
Posted: May 27th, 2009, 5:00pm EDT
JPMorgan Chase & Co. originated nearly 100,000 loans and lines of credit, extending $1.6 billion to individuals and businesses across Arizona in the first quarter, the company announced Wednesday. (JPM) -
American Shared Hospital Services scores new Gamma Knife contract at Yale
Posted: May 27th, 2009, 4:56pm EDT
American Shared Hospital Services, which provides Gamma Knife and other radiosurgical and radiation-therapy equipment and services, said Wednesday it has agreed to provide a Leksell Gamma Knife system to the new Smilow Cancer Hospital at the Yale-New Haven Hospital. -
Former Engle, Standard Pacific exec forms new company
Posted: May 27th, 2009, 4:51pm EDT
A veteran of the Phoenix home building industry is starting his own company. Carl Mulac, former president of Engle Homes and Standard Pacific Corp. Arizona Division, announced the formation of Joseph Carl Homes Wednesday. -
10 MN banks had $1M-plus incomes in Q1
Posted: May 27th, 2009, 4:05pm EDT
Ten Twin Cities banks had incomes of more than $1 million in the first quarter of 2009. -
Central Pacific Bank receives “outstanding” rating
Posted: May 27th, 2009, 2:39pm EDT
The Federal Deposit Insurance Corp. has given Central Pacific Bank the highest rating of “outstanding” for meeting the needs of community and low- and moderate-income neighborhoods and minorities from 2005 to 2008. -
Wisconsin banks see rise in lending, profits
Posted: May 27th, 2009, 2:25pm EDT
Lending by Wisconsin’s depository bank and thrift institutions grew in the first quarter of 2009, bucking the national trend, according to consolidated numbers released Wednesday by the Federal Deposit Insurance Corporation. -
Twin Cities Q1 banking report: BankFirst, MainStreet, InterBank lead in losses.
Posted: May 27th, 2009, 1:41pm EDT
Three Twin Cities banks had a rough first quarter, leading the local ranks of biggest losses, according to data released Wednesday. -
Geithner details $1.5B tax-credit program
Posted: May 27th, 2009, 1:28pm EDT
U.S. Treasury Secretary Timothy Geithner announced $1.5 billion in New Markets Tax Credit awards for 32 organizations nationally, including the Rockland, Mass.-based Rockland Trust Community Development Corp. -
Assessor reminds Calif. domestic partners to register by July 1
Posted: May 27th, 2009, 1:10pm EDT
Some California domestic partners have until June 30 to register for the same property rights as married couples, Santa Clara County Assessor Larry Stone said on Wednesday. -
Ultimus expands to New York
Posted: May 27th, 2009, 1:05pm EDT
Ultimus Fund Solutions Inc., a Springdale-based mutual fund servicing company, has added a New York office. (JPM) -
McCollum files objection in Chrysler case
Posted: May 27th, 2009, 12:47pm EDT
Florida’s attorney general has filed a formal objection to Chrysler’s attempts to terminate existing dealership agreements under the U.S. Bankruptcy Code. -
Wells Fargo poaches U.S. Trust's N.E. chief
Posted: May 27th, 2009, 12:47pm EDT
Wells Fargo’s wealth management division has hired an executive from U.S. Trust to be the financial services giant’s senior regional manager for Boston. -
Florida banks lose $643M in Q1
Posted: May 27th, 2009, 12:45pm EDT
Florida-chartered banks lost a combined $643 million in the first quarter, an improvement from their $1.57 billion loss in the fourth quarter of 2008, according to Federal Deposit Insurance Corp. data released Wednesday. -
Public Service Commission denies Big Rivers Electric rate hike
Posted: May 27th, 2009, 12:40pm EDT
The Kentucky Public Service Commission Wednesday denied Big Rivers Electric Corp.’s request for an immediate 21.6 percent rate hike. -
Chase boosts lending in Florida
Posted: May 27th, 2009, 12:38pm EDT
JPMorgan Chase made more than 206,000 new loans and lines of credit, totaling about $1.9 billion, in Florida in the first three months of 2009. (JPM) -
Plans for $200M racetrack, entertainment center near DIA announced
Posted: May 27th, 2009, 12:20pm EDT
A private investment group announced plans Wednesday to create a $200 million auto racetrack and entertainment complex on 1,500 acres in Aurora near Denver International Airport, and they hope to take advantage of tourism incentives passed by the Colorado Legislature as well as federal stimulus funds. -
Retailer, Wine Loft to open in Gulch
Posted: May 27th, 2009, 11:56am EDT
Locally-owned Nashville Clothing Co. and upscale wine bar The Wine Loft will be opening stores in The Gulch. -
Nation's banks rebound to profit
Posted: May 27th, 2009, 11:45am EDT
The nation’s banks produced a $7.6 billion net profit in the first quarter of 2009, according to the Federal Deposit Insurance Corp. That’s a rebound from a $36.9 billion net loss in the fourth quarter of 2008. -
FDIC: Banks rebound to $7.6B profit
Posted: May 27th, 2009, 11:35am EDT
Banks insured by the Federal Deposit Insurance Corp. generated $7.6 billion in profits in the first quarter, down 60.8 percent from the $19.3 billion the industry earned in the first quarter of 2008. -
FDIC: Banks rebound to $7.6B profit, fall from 2008
Posted: May 27th, 2009, 10:43am EDT
Banks insured by the Federal Deposit Insurance Corp. generated $7.6 billion in first-quarter profit, compared with a record fourth-quarter loss of $26.2 billion. -
Goodwill opens Rock Hill center
Posted: May 27th, 2009, 10:41am EDT
Goodwill Industries of the Southern Piedmont will open a storefront donation center on Cherry Road in Rock Hill. -
Florida banks, thrifts post $643 million first quarter loss
Posted: May 27th, 2009, 10:40am EDT
Florida’s commercial banks and savings institutions lost a combined $643 million in the three months ended March 31. -
Delta Petroleum CEO resigns; Kerkorian associate named chairman
Posted: May 27th, 2009, 10:11am EDT
Roger Parker resigned Wednesday as chairman and CEO of Delta Petroleum Corp., and an executive of a company owned by financier Kirk Kerkorian has been named the new chairman, the oil and gas company said. (DPTR) -
Boston's largest fund managers saw assets rise 8% in April
Posted: May 27th, 2009, 10:07am EDT
Boston’s largest mutual fund managers saw their assets under management rise 8 percent in April amid a rebound in stock and bond markets and a strong uptick in investor fund flows. (BAC) (EV) (STT) -
Highland Distressed will merge with fund
Posted: May 27th, 2009, 9:44am EDT
Shareholders have approved a reorganization of Highland Distressed Opportunities Inc., which means the company will be merged into the Highland Credit Strategies Fund. (HCD) (HCF) -
FDIC: Banks rebound to $7.6B Q1 profit
Posted: May 27th, 2009, 9:42am EDT
Banks insured by the Federal Deposit Insurance Corp. generated a $7.6 billion profit in the first quarter of 2009, down $11.7 billion, or 60.8 percent, from the $19.3 billion that the industry earned in the first quarter of 2008. -
Mortgage refinancing activity down 19%
Posted: May 27th, 2009, 8:57am EDT
Mortgage refinancing was down 18.9 percent last week from the previous week, according to the Mortgage Bankers Association’s weekly mortgage applications survey released Wednesday. -
PNC raises more than $600M following stress test
Posted: May 27th, 2009, 8:55am EDT
PNC Financial Services Group Inc., Pittsburgh, said Wednesday it has raised more than $600 million through the sale of 15 million shares of common stock. The offering, which launched May 14, was related to PNC’s plan to increase its common equity following the results of the government’s stress tests. (PNC) -
Walrus Master Fund, Scoggin infuse Odyssey Marine Exploration
Posted: May 27th, 2009, 8:54am EDT
Three investment groups bought 1.7 million shares of the common stock of Odyssey Marine Exploration Inc. in a private offering. (OMEX) -
BofA raises $26B for fed buffer
Posted: May 27th, 2009, 8:19am EDT
Bank of America Corp. says it has raised nearly $26 billion of the $33.9 billion in new capital that federal regulators say the bank needs. (BAC) -
Bank of Granite names chairman
Posted: May 27th, 2009, 6:48am EDT
Bank of Granite Corp. has named John Bray as chairman. (GRAN) -
Washington Federal to pay back federal TARP money
Posted: May 26th, 2009, 4:50pm EDT
Washington Federal Inc. said Tuesday it’s paying back the federal government’s $200 million capital infusion because the money is “making a challenging business even more difficult,” according to the Seattle bank’s president. (WSFL) -
Moneta's Schick establishes University of Missouri-St. Louis professorship
Posted: May 26th, 2009, 4:48pm EDT
The University of Missouri-St. Louis has received two new private gifts totaling nearly $5 million. -
Trustees might vote on new Mercy hospital
Posted: May 26th, 2009, 4:40pm EDT
Green Township trustees could vote tonight on a land-use plan for a proposed new hospital by Mercy Health Partners. “We have a rich history of being a good neighbor and working cooperatively with residents and community leaders,” said Pete Gemmer, spokesman for Mercy. “We want to be sure the new hospital will be a true asset to the area.” Some residents in the area have expressed concerns about increased traffic as a result of the hospital, whose main access road would be from North Bend Road, at roughly the midway point between Kleeman and Boomer. Gemmer said Mercy officials are working with the Hamilton County Engineer’s office and Green Township on a traffic impact study. The proposed site is 60 acres. The planned hospital and parking areas would cover about 40 acres and sit near to Interstate 74. The hospital, which would cost $200 million, could open in early 2014. -
M&T completes Provident Bank acquisition
Posted: May 26th, 2009, 4:27pm EDT
M&T Bank Corp. completed its acquisition of Provident Bankshares Corp. May 23, the company announced Tuesday. -
Highwoods shares slip on $125M stock offering
Posted: May 26th, 2009, 4:23pm EDT
The value of Highwoods Properties stock fell Wednesday after the Raleigh-based real estate investment trust priced an offering of 6.1 million shares at $21.50 a share. (HIW) -
Regulators order SouthBank to consider sale or merger
Posted: May 26th, 2009, 4:16pm EDT
Federal regulators have given Palm Beach Gardens-based SouthBank 30 days to consider a sale, a merger or whether to continue operating independently. -
Bay National to issue up to $12M in stock
Posted: May 26th, 2009, 4:00pm EDT
Bay National Corp. shareholders on Tuesday approved the company’s issuance of up to $12 million in stock to return the Lutherville bank to a well-capitalized level. (BAYN) -
RPI treasurer and economist Hugh Johnson join advisory committee
Posted: May 26th, 2009, 3:47pm EDT
Iconic Albany economist Hugh Johnson and the treasurer of Rensselaer Polytechnic Institute have joined a key advisory committee for the state pension fund. -
Invesco stock offering nets $460 million
Posted: May 26th, 2009, 3:22pm EDT
Invesco Ltd. raised more than $460 million through a public offering of stock, the Atlanta-based global investment management company reported Tuesday. -
Russia, Ameren sign nuclear fuel deal
Posted: May 26th, 2009, 2:57pm EDT
Russia signed a deal Tuesday to supply nuclear fuel directly to U.S. companies, including Ameren Corp. (AEE) -
Real estate roundup
Posted: May 26th, 2009, 2:55pm EDT
Real Estate Roundup KeyBank of Oregon leased space for a location in the Pearl District. -
Stocks surge on rise in consumer confidence
Posted: May 26th, 2009, 2:50pm EDT
A better-than-expected consumer confidence report helped the stock market rally on the first day of trading following the long holiday weekend. (ACC) (CIA) (FOR) (TIN) (GFG) -
GlassHouse Technologies to add 20 Triangle jobs
Posted: May 26th, 2009, 2:48pm EDT
GlassHouse Technologies plans to expand its Cary call center over the next six months, adding 20 employees in the process. -
Piper, Life Time shares up on consumer confidence
Posted: May 26th, 2009, 2:47pm EDT
Piper Jaffray Cos. and Life Time Fitness Inc. were among several Minnesota companies to post significant stock price gains Tuesday, after a better-than-expected consumer confidence report buoyed the broader market. (PJC) (LTM) (USB) (BBY) -
M&T caps Provident deal
Posted: May 26th, 2009, 2:10pm EDT
M&T Bank Corp. has wrapped up its $401 million acquisition of Provident Bankshares Corp., the bank said Tuesday. -
FHLB to name Strata Bank chief as new CEO
Posted: May 26th, 2009, 1:59pm EDT
The Federal Home Loan Bank of Boston is expected to name Edward Hjerpe III as the bank’s new chief executive, replacing outgoing leader Michael Jessee, according to people familiar with the situation. -
Stock Building Supply to lay off 141, close Homestead plant
Posted: May 26th, 2009, 1:50pm EDT
Stock Building Supply has notified Florida’s Agency for Workforce Innovation that it will be closing its Homestead plant on or about July 12 and laying off about 141 employees. -
Mayer Homes going out of business
Posted: May 26th, 2009, 1:40pm EDT
Mayer Homes, one of the largest homebuilders in St. Louis, is going out of business. -
Facebook sells $200M stake to Russians
Posted: May 26th, 2009, 1:30pm EDT
Russian investor Digital Sky Technologies bought a $200 million stake in social web site Facebook Inc. -
Haynes and Boone leads Lancer Corp. to Supreme Court victory
Posted: May 26th, 2009, 1:19pm EDT
Haynes and Boone LLP led Lancer Corp. to a Texas Supreme Court victory in a case that requires shareholders to follow certain rules when filing lawsuits against corporations. -
BWI Airport posts 7.5 percent drop in passengers for March
Posted: May 26th, 2009, 1:03pm EDT
The economic turbulence weighed heavily on Baltimore/Washington International Thurgood Marshall Airport in March. The Anne Arundel County airport reported a 7.5 percent drop in passengers compared to March 2008. (AAI) (LUV) -
$200M Russian stake values Facebook at $10B
Posted: May 26th, 2009, 12:56pm EDT
Facebook Inc. on Tuesday said a Russian firm has invested $200 million in the social networking company that pegs it at a $10 billion valuation. -
Anthem, Medical Center at Elizabeth Place reach deal
Posted: May 26th, 2009, 12:51pm EDT
Anthem Blue Cross and Blue Shield and the Medical Center at Elizabeth Place have reached an agreement to allow Anthem members to seek treatment at the center, officials announced Tuesday. -
J.G. Wentworth bankruptcy hearing set for Monday
Posted: May 26th, 2009, 12:42pm EDT
Annuity and life-insurance policy purchaser J.G. Wentworth said the first hearing in its bankruptcy case will be held next Monday, June 1. -
Colonial BancGroup plans to skip shareholder vote on deal
Posted: May 26th, 2009, 12:39pm EDT
Colonial BancGroup Inc. moved forward with its plans to pump $300 million into its coffers from an investor group led by Florida-based Taylor Bean & Whitaker Mortgage Co. (CNB) -
Mitsui may buy bulk shipping line
Posted: May 26th, 2009, 12:24pm EDT
The parent company of the Port of Jacksonville’s newest terminal operator, TraPac Inc., said it may spend hundreds of millions of dollars to buy an overseas bulk shipping line. -
Wichita contractor paints trucks pink
Posted: May 26th, 2009, 12:22pm EDT
Cornejo & Sons Inc. will paint the barrels on two of its cement trucks bright pink to promote breast cancer awareness. -
InFocus shareholders accept takeover offfer
Posted: May 26th, 2009, 12:15pm EDT
California tech entrepreneur John Hui has cleared his biggest hurdle for taking InFocus Corp. private. -
Stock Building Supply to lay off 141, close Homestead plant
Posted: May 26th, 2009, 12:10pm EDT
Stock Building Supply has become another casualty of the housing downturn. -
California court upholds same-sex marriage ban
Posted: May 26th, 2009, 12:09pm EDT
The California Supreme Court upheld Proposition 8, the state’s voter-approved ban on same-sex marriage, on Tuesday. -
FDIC extends $250K deposit insurance
Posted: May 26th, 2009, 11:48am EDT
The temporary increase in bank deposit insurance to $250,000 has been extended for four years by the Federal Deposit Insurance Corp. -
The Guild's Sikes to receive entrepreneurial honor
Posted: May 26th, 2009, 11:30am EDT
Toni Sikes, a Madison entrepreneur and founder of the nation’s largest online arts retailer, has been named to receive the sixth annual “Seize the Day” award at the Wisconsin Entrepreneurs’ Conference June 10. -
General Dynamics unit lands $150M contract
Posted: May 26th, 2009, 11:16am EDT
General Dynamics Armament and Technical Products has received a contract valued at more than $150 million to produce armor tile sets for the Stryker family of military vehicles. (GD) -
Ad server OpenX raises $10 million
Posted: May 26th, 2009, 10:38am EDT
OpenX Technologies Inc., an online ad server led by former Yahoo executive Tim Cadogan, raised $10 million in its third round of venture funding. -
Scottrade to open 3rd Jacksonville office
Posted: May 26th, 2009, 10:34am EDT
The online brokerage firm Scottrade will open its third office in Jacksonville June 1. -
Community Living gets tax credits
Posted: May 26th, 2009, 10:27am EDT
Community Living Inc., a St. Peters nonprofit, has been approved for $36,754 in state tax credits to expand its employment services. -
Greater Kansas City LISC seeks applicants for redevelopment loans
Posted: May 26th, 2009, 10:14am EDT
Greater Kansas City LISC is looking for qualified applicants for loans of as much as $2 million for redevelopment projects in areas with low to moderate incomes. -
CIA firm invests in Sonitus Medical
Posted: May 26th, 2009, 9:58am EDT
Sonitus Medical Inc., a medical device company developing a non-surgical and removable hearing device to transmit sound via the teeth, said Tuesday it received an investment from In-Q-Tel, a strategic investment firm that was started by the CIA. -
Mark Logic raises $12.5 million
Posted: May 26th, 2009, 9:57am EDT
Software business Mark Logic Corp. raised $12.5 million in venture funding. -
FDIC extends $250K deposit insurance
Posted: May 26th, 2009, 8:58am EDT
The temporary increase in bank deposit insurance to $250,000 has been extended for four years, the Federal Deposit Insurance Corp. announced in a letter to financial institutions on May 22. -
U.S. likely to fight $3B Talecris sale
Posted: May 26th, 2009, 8:33am EDT
The federal government appears poised to block CSL Ltd.’s $3.1 billion purchase of Research Triangle Park-based Talecris Biopharmaceuticals due to antitrust concerns. -
Raymond James buys investment banking firm Lane Berry
Posted: May 26th, 2009, 8:20am EDT
Raymond James Financial Inc. acquired Lane Berry, an investment banking and advisory company. (RJF) -
LogLogic gets $8.8M more in funds
Posted: May 26th, 2009, 8:18am EDT
IT security management company LogLogic Inc. said Tuesday it has raised $8.8 million in extended Series D funding. -
Village on the 5th Townhomes faces foreclosure
Posted: May 26th, 2009, 8:16am EDT
Mercantil Commercebank wants to seize 17 townhouses in Plantation from a developer. -
PNC Global Investment launches Asia distribution support service
Posted: May 26th, 2009, 7:51am EDT
PNC Global Investment Servicing, a business of Pittsburgh-based PNC Financial Services Group Inc. (NYSE:PNC), Tuesday announced it has launched distribution support services in Asia. (PNC) -
Credit unions lure big-bank customers
Posted: May 24th, 2009, 11:00pm EDT
Walnut Creek-based Pacific Service Credit Union debuted four checking accounts to attract new customers and their deposits, with an eye toward those now banking with Chase. -
Managers are being pushed into makeovers
Posted: May 24th, 2009, 11:00pm EDT
Money managers are feeling the pain of their clients’ losses since the managers’ compensation is often tied to assets under management. -
Community banks show confidence, issuing more loans
Posted: May 24th, 2009, 11:00pm EDT
The Triad’s largest community banks are showing some confidence in the region’s real estate market, but are doling out fewer loans for commercial and industrial projects, according to a Business Journal analysis of first-quarter lending data reported to the FDIC. -
MaxBank organizers propose new bank for Hollywood
Posted: May 24th, 2009, 11:00pm EDT
A multicultural group of organizers has applied to establish MaxBank as a new institution out of Hollywood. -
Judge lets class action suit proceed against BankAtlantic Bancorp
Posted: May 24th, 2009, 11:00pm EDT
U.S. District Judge Ursula Ungaro denied BankAtlantic Bancorp’s motion to dismiss a shareholder class action lawsuit against the company, Chairman and CEO Alan Levan and other executives. Click here to read the order. (BBX) -
Shareholders angry at Miami firm’s bid for West Palm Beach bank
Posted: May 24th, 2009, 11:00pm EDT
A proxy battle over the fate of First Bank of the Palm Beaches could be looming after two shareholders objected to a Miami-based company’s agreement to buy the community bank. -
FDIC may sue bank officers, directors
Posted: May 24th, 2009, 11:00pm EDT
The Federal Deposit Insurance Corp. is expected within weeks to start suing directors and officers of failed Atlanta banks, according to people familiar with looming litigation. -
CEO defends attacks on Morgan Keegan
Posted: May 24th, 2009, 11:00pm EDT
Morgan Keegan & Co Inc. is under fire from regulators and investors, who allege the firm has failed to represent the interests of its clients. -
TrustCo focus: building business in Florida, downstate branches
Posted: May 24th, 2009, 11:00pm EDT
TrustCo Bank Corp. N.Y. is wrapping up the expansion program that has seen it more than double its branch network in seven years. -
SunTrust, Southern ‘dribble out’ stock sales
Posted: May 24th, 2009, 11:00pm EDT
Dribble dribble dribble. -
Stress tests on largest banks have broad-reaching impact
Posted: May 24th, 2009, 11:00pm EDT
The federal government’s recent stress tests focused on the country’s 19 largest bank holding companies, but the exercise is having broad effects on the rest of the industry. -
Privately held Beal Bank will enter Cincinnati market
Posted: May 24th, 2009, 11:00pm EDT
A bank that gained attention for avoiding the loan problems that plagued the rest of the country is planning to enter the Greater Cincinnati market. -
First M&F first quarter losses higher than originally anticipated
Posted: May 24th, 2009, 11:00pm EDT
Kosciusko, Miss.-based First M&F Corp. has revised its first quarter losses to $27.2 million, or -$2.99 basic and diluted earnings per share. The company had reported a loss of $10.2 million, or -$1.14 in earnings per share, but made the adjustment after writing off $17 million in goodwill and other intangible assets. -
Marin bank delays debut of S.F. office
Posted: May 24th, 2009, 11:00pm EDT
Tamalpais Bank is delaying plans to open an office in San Francisco’s financial district by a year as the bank takes several steps to strengthens its finances after posting a first-quarter loss. -
Smaller investment brokerages benefit from financial turmoil
Posted: May 24th, 2009, 11:00pm EDT
It’s not unusual for stock brokers and investment advisers to assure clients about a down market, but in the current economy they may also have to assure their clients — and themselves — about the investment industry itself. -
Tough economy drags down 1Q earnings for local banks
Posted: May 24th, 2009, 11:00pm EDT
Most Wichita-area banks during the first quarter watched their earnings slip as interest margins remained tight and they put more money aside for potentially tougher times later this year. -
Bank sought possession of Princess Diana evening gown on display at Kensington Palace
Posted: May 24th, 2009, 11:00pm EDT
TAMPA — A famous midnight blue velvet gown worn by Princess Diana, a stalled Palma Ceia development and an entrepreneur turned benefactor are at the center of a legal dispute. (KFRC) -
Xenith Bank merging with First Bankshares
Posted: May 24th, 2009, 11:00pm EDT
Xenith Bank’s efforts to be the largest startup bank in Virginia history appear to be over. -
FDIC hikes fees for banks
Posted: May 24th, 2009, 11:00pm EDT
Banks are bracing for a double-barrel blast to their bottom lines. -
Charlie Chandler
Posted: May 24th, 2009, 11:00pm EDT
A lot of business executives who have been through these downturns before say this is the worst one they’ve seen. Others have said this is more mild than that. What’s your take? -
Fidelity’s Q1 market bets were bullish on blue chips
Posted: May 24th, 2009, 11:00pm EDT
Portfolio managers at Fidelity Investments are betting that a blue-chip stock recovery — along with tech darlings Google Inc. and Apple Inc. — will help reverse the effect of what was an awful 2008 for mutual fund companies. (WFC) (MCD) (WMT) (JPM) (XOM) (PG) (JNJ) (KO) -
Ocean Bank looks to make waves in Boston market
Posted: May 24th, 2009, 11:00pm EDT
When Massachusetts Mutual Life Insurance Co. wanted to refinance two office buildings in Boston’s Financial District, the insurer turned to Ocean Bank for a mortgage. -
‘Stress tests’ say Yadkin Valley, Bank of Granite need more capital
Posted: May 24th, 2009, 11:00pm EDT
Two banks in the Charlotte region may face multimillion-dollar capital shortfalls if the economy worsens, according to analysis by SNL Financial. -
Stephens puts money on energy banking
Posted: May 24th, 2009, 11:00pm EDT
Despite the tough-going in the energy sector due to the recession, a well-heeled Arkansas integrated merchant bank is going against the grain and expanding its energy banking presence in Texas. -
Houston Business Bank gets regulatory green light to open for business
Posted: May 24th, 2009, 11:00pm EDT
The city’s newest community bank has been poked and prodded by regulators, and is ready to get down to business. -
Hamilton adds former NFS investment chief
Posted: May 24th, 2009, 11:00pm EDT
Facing a difficult outlook for investment growth, a Columbus money management firm has hired a seasoned investment manager to help it improve clients’ returns. -
What financial pros are doing with their money right now
Posted: May 24th, 2009, 11:00pm EDT
For the first time as a single mother, Marty Lanahan sat down her son, a recent high school graduate, and explained that he may have to consider a loan for college if he did not get a scholarship. -
Asset-based lenders swamped by small firms seeking capital
Posted: May 24th, 2009, 11:00pm EDT
Two of the metro area’s biggest local asset-based lenders for small business have seen demand spike even as they’ve raised rates to keep up with increased risk. -
Western Bank closes one site on Univ. Ave.
Posted: May 24th, 2009, 11:00pm EDT
Western Bank closed its Minneapolis location at the beginning of May. -
Rest of 2009 could prove difficult, small banks say
Posted: May 24th, 2009, 11:00pm EDT
Park Sterling Bank improved its first-quarter earnings more than 1,000% in a lousy economy, but Chief Executive Bryan Kennedy barely cracked a smile. -
Impairment wipes out record years
Posted: May 24th, 2009, 11:00pm EDT
While most St. Louis credit unions have been picking up new business over the past year, they aren’t totally immune to the troubled economy. -
First Community, Vantage see gains in membership
Posted: May 24th, 2009, 11:00pm EDT
Despite taking large writeoffs in both 2008 and the first quarter of 2009, First Community Credit Union, the largest credit union in St. Louis, keeps growing. -
Banks, insurers may pick up slack left by fallen CMBS market
Posted: May 24th, 2009, 11:00pm EDT
It’s nearly mid-year and there have been no blockbuster real estate sales in the Twin Cities. And unlike the past five years, there aren’t any big deals in the pipeline either. -
Real estate slump puts hit on area’s de novo banks
Posted: May 24th, 2009, 11:00pm EDT
Of the seven St. Louis banks that launched within 19 months of one another in 2004 and 2005, only one showed a higher profit in the most recent fiscal year. Four recorded losses, while the other two were profitable, although less so than a year earlier. -
Bank regulator sees silver lining, healthier bank system
Posted: May 24th, 2009, 11:00pm EDT
Julie Stackhouse, senior vice president of the Bank Supervision & Regulation Division of the Federal Reserve Bank of St. Louis, is a graduate of Drake University and worked for the Federal Reserve in Kansas City and Minneapolis before joining the St. Louis Fed in 2002. -
One-branch banks find advantages to their size
Posted: May 24th, 2009, 11:00pm EDT
Being the little guy isn’t always easy, but right now in the banking world, bigger isn’t necessarily better. -
Investors in Strong funds still waiting
Posted: May 24th, 2009, 11:00pm EDT
This week marks five years since Richard Strong and his company paid a combined $140 million as restitution for improper mutual fund trading, but to date, none of the investors in his funds has received a penny. -
The Business Journal asked bankers:What will be the impact of the recent mark-to-market changes?
Posted: May 24th, 2009, 11:00pm EDT
Valuing assets at prices based on distressed conditions didn’t necessarily reflect fair values. The change should allow for a truer reflection of the financial condition of the banking industry. It could help prompt economic recovery by easing some of the equity deterioration reflected on financial statements. The ultimate test however may not so much be the impact of changing accounting rules but more so when market valuations reach equilibrium and buyers are willing to buy distressed assets at prices that banks are willing to sell them. -
UMB, Pulaski, Enterprise post increases in lending
Posted: May 24th, 2009, 11:00pm EDT
UMB is mining small-business lending as an additional source of revenue, and it has closed more small-business loans in the first four months of this year than it did in all of 2008. -
Nailing hefty return, Silverback Asset Management launches $50M fund
Posted: May 24th, 2009, 11:00pm EDT
CHAPEL HILL – Silverback Asset Management, a hedge fund firm that has been drawing industry attention for its 28.8-plus percent returns in early 2009, has launched a new fund, reportedly in the $50 million range. -
Five Minutes With - Kenan Pankau - 'SBA Lender of the Year'
Posted: May 24th, 2009, 11:00pm EDT
It’s been a big year for Randolph-Brooks Federal Credit Union (RBFCU). In addition to its repeat performance as the top credit union SBA lender in Texas, RBFCU was ranked the 14th best big company to work for in the state by Texas Monthly magazine. And last week, the financial institution was named the SBA Credit Union Lender of the Year by the U.S. Small Business Administration (SBA). -
More community banks report losses, bad loans
Posted: May 24th, 2009, 11:00pm EDT
Nearly 70 percent of Birmingham-based community banks were unprofitable in the first quarter as a backlog of delinquent loans surfaced in their financial reports. -
First Citizens Bank offering guidance to those who give
Posted: May 24th, 2009, 11:00pm EDT
The economic gloom has a philanthropic silver lining, giving charitable institutions and individual donors an opportunity to focus on the basics of investing charitable funds, says the executive who oversees philanthropic services for First Citizens Bank. -
TradeBot Systems often accounts for 10 percent of U.S. stock market trading
Posted: May 24th, 2009, 11:00pm EDT
Dave Cummings brought a slice of Wall Street to Kansas City when he founded Tradebot Systems Inc. a decade ago. -
New SBA-guaranteed emergency bridge loans to become available in June
Posted: May 24th, 2009, 11:00pm EDT
The U.S. Small Business Administration plans to begin guaranteeing emergency bridge loans for small firms in mid-June. -
Troubled Sarasota bank says turnaround this century
Posted: May 24th, 2009, 11:00pm EDT
SARASOTA — Under pressure from regulators, Century Bank is working to raise up to $30 million in new capital. (BAC) -
Changes at the top: Caballero to lead GulfShore Bank
Posted: May 24th, 2009, 11:00pm EDT
TAMPA — Veteran banker Joe Caballero has taken the reins at GulfShore Bank. (BAC) (WFC) -
Playing it safe key for banks
Posted: May 24th, 2009, 11:00pm EDT
Nashville-area banks posted a mixed bag of results in the first quarter, with some banks sinking deeper into the red, others gaining small profits on the road to a comeback, and a group of community-based banks bringing in modest but steady profits each quarter of the past year. -
Bank of Ireland seeks new status for Orlando subsidiary
Posted: May 24th, 2009, 11:00pm EDT
Bank of Ireland, a worldwide financial institution with nearly 16,000 employees, is laying the groundwork to expand its Orlando-based U.S. currency-exchange division. -
Parkland prepares to issue bonds
Posted: May 24th, 2009, 11:00pm EDT
As one of the early signs of a credit thaw, Parkland Health & Hospital System is looking to dip its feet in the pool — and could take the plunge — in issuing bonds to pay for its replacement hospital by the end of the summer. -
Profiles in Credit Unions: Kim Heinze
Posted: May 24th, 2009, 11:00pm EDT
Kim Heinze grew up in a time when credit unions were all single common bonds of one company. Her father worked at the Texaco Refinery and the family financed most of their acquisitions through the Texaco Credit Union. -
Business lessons from the links
Posted: May 24th, 2009, 11:00pm EDT
There are a lot of parallels between the world of sport and the world of business, but the golf course may be the only place where the two collide on a regular basis. Some of Arnold Palmer’s famous pieces of advice, “Always make a total effort, even when the odds are against you,” and, “You must play boldly to win,” for example, apply to the board room as much as to the course. To explore this intersection, we invited several business people to tell us what they’ve learned from taking, as Mark Twain put it, “a good walk spoiled.” -
Report: Russian group offers $200M to Facebook
Posted: May 22nd, 2009, 7:55pm EDT
Another investor has reportedly showed up offering Facebook Inc. $200 millon as the social networking company seeks to buy out employee stock. (MSFT) -
BankUnited equity investors stay under regulatory threshold
Posted: May 22nd, 2009, 7:48pm EDT
The three largest hedge funds that won the bidding for the failed BankUnited took stakes in a new parent company just below the threshold of being considered controlling entities in a bank – thus avoiding extra regulation. -
Spence-Jones cleared in investigation
Posted: May 22nd, 2009, 1:55pm EDT
Following a two-year investigation, the Miami-Dade State Attorney’s Office has cleared Miami Commissioner Michelle Spence-Jones of allegations she accepted bribes associated with two high-profile residential projects. -
Orion subsidiary wins $12 million Naval contract
Posted: May 22nd, 2009, 1:01pm EDT
Orion Marine Group Inc. subsidiary Misener Marine Construction Inc. has inked its second contract this week. (ORN) -
Textron and Cessna getting financial help from government
Posted: May 22nd, 2009, 12:54pm EDT
The Import-Export Bank of the United States annouced Friday it will be giving Textron Inc. a $500 million loan to help with the financing of products from Cessna Aircraft Co. and Bell Helicopter. -
SLUCare doctors to treat sports teams
Posted: May 22nd, 2009, 12:01pm EDT
With the creation of a team of sports medicine doctors, SLUCare will provide medical care for professionals, weekend warriors and students and serve as team doctors for the Saint Louis University Billikens and the RiverCity Rage, an indoor football team in St. Charles, Mo. -
Former manager gets jail time for stealing $200k from dealership
Posted: May 22nd, 2009, 12:00pm EDT
A former officer manager for an area car dealership was sentenced Friday to 15 months in prison for stealing $219,000 and ordered to pay back the full amount in restitution. -
Kanas: BankUnited to target commercial business
Posted: May 22nd, 2009, 11:56am EDT
John Kanas, BankUnited’s new leader, said Florida’s largest local bank will focus on attracting commercial and small business loans. (IVZ) -
Maryland's unemployment rate falls to 6.8 percent in April
Posted: May 22nd, 2009, 11:28am EDT
After months creeping up, Maryland’s unemployment rate fell by a tenth of a percentage point in April, according to data released Friday by the U.S. Department of Labor. -
N.C. A&T announces Martin as chancellor
Posted: May 22nd, 2009, 11:26am EDT
Harold Martin will return to his alma mater as chancellor on June 8, the University of North Carolina Board of Governors decided at a special meeting via teleconfernce at N.C. A&T State University today. -
BankUnited Financial Corp. files Chapter 11
Posted: May 22nd, 2009, 11:19am EDT
BankUnited Financial Corp. stopped trading shares and filed for Chapter 11 bankruptcy protection after regulators seized its bank. The filing lists more than a half-billion dollars in debt and only $37.73 million in assets. (BKUNA) -
Johnson scouting buyers for Bobcats
Posted: May 22nd, 2009, 11:00am EDT
Charlotte Bobcats owner Robert Johnson is making a more aggressive push to find additional investors for the team, tapping his longtime investment banker to seek prospective buyers. (BAC) (WFC) -
Madison investment exec Sargeant up for key SBA post
Posted: May 22nd, 2009, 10:50am EDT
Venture Investors LLC managing director Winslow Sargeant is being nominated by President Barack Obama for a key administration post at the Small Business Administration, the Madison venture capital firm said Friday. -
General Dynamics to repair sub
Posted: May 22nd, 2009, 10:08am EDT
General Dynamics Corp. has won a $15.8 million Navy contract to plan and do repair work on the USS Hartford, which was damaged during a collision. (GD) -
Etrials gets Nasdaq warning letter
Posted: May 22nd, 2009, 9:57am EDT
Etrials Worldwide has received a letter from the Nasdaq Stock Market saying that the Morrisville software company is no longer in compliance for listing its shares on the Nasdaq Global Market. -
Evergreen prices stock offering
Posted: May 22nd, 2009, 9:15am EDT
Evergreen Solar Inc. announced Friday it has signed an underwriting agreement with Piper Jaffray & Co. to sell 37 million shares of common stock. -
Berkshire ups offer for CNB Financial
Posted: May 22nd, 2009, 9:07am EDT
Berkshire Hills Bancorp Inc. said it has revised terms to buy CNB Financial Corp. in a purchase price that represents about 106 percent of CNB’s tangible book value. -
Novo Group promotes Lu to president, adds directors
Posted: May 22nd, 2009, 9:06am EDT
The Novo Group, a Milwaukee recruiting firm, said managing director Cindy Lu has been promoted to president and chief operating officer of the company. -
Berkshire Hills, CNB amend merger agreement
Posted: May 22nd, 2009, 8:38am EDT
Berkshire Hills Bancorp, Inc. and CNB Financial Corp. have amended their merger agreement following a bid from another suitor. -
Police target intoxicated boaters
Posted: May 22nd, 2009, 8:00am EDT
Montgomery County authorities are planning a weekend crackdown on boaters suspected of drinking while behind the wheel of their pleasure craft. -
Lawmaker wants insurance commissioner to quit
Posted: May 21st, 2009, 8:31pm EDT
Florida Sen. Michael Bennett is requesting the ouster of Insurance Commissioner Kevin McCarty in a letter sent to Gov. Charlie Crist Thursday. -
Raymond James plans securities sales
Posted: May 21st, 2009, 4:47pm EDT
The board of directors of Raymond James Financial Inc. approved filing a universal shelf registration statement with the Securities and Exchange Commission, clearing the way for the company to offer securities on an opportunistic basis. (RJF) -
Ross group wins BankUnited bidding
Posted: May 21st, 2009, 4:41pm EDT
Federal regulators seized BankUnited on Thursday and placed control of the largest Florida-chartered bank into the hands of a private equity group led by John Kanas and W.L. Ross & Co. (BX) (BKUNA) -
First State 1Q loss swells
Posted: May 21st, 2009, 4:37pm EDT
First State Financial Corp. reported a net loss of $16.3 million, or $2.76 a share, for the first quarter of 2009, compared to a net loss of $1.1 million, or 19 cents a share, for the same period in 2008. (FSTF) -
State bank supervisors elect treasurer
Posted: May 21st, 2009, 4:28pm EDT
William Haraf, California’s commissioner of the Department of Financial Institutions, was elected to a two-year term as treasurer of the Conference of State Bank Supervisors, and he will be on the CSBS executive committee. -
Hawaii stocks mostly down as Dow falls 130 points
Posted: May 21st, 2009, 4:25pm EDT
Hawaii stocks were mostly down Thursday as the Dow Jones Industrial fell 130 points. (ALEX) (HE) (CPF) (MLP) (BOH) -
First Commercial Bank of Tampa Bay gets capital infusion
Posted: May 21st, 2009, 4:22pm EDT
First Commercial Bank of Tampa Bay has more than $15 million in capital, after the bank’s parent company contributed $3.5 million. -
UBS to pay investors, Missouri $169,000
Posted: May 21st, 2009, 4:17pm EDT
UBS Financial Services Inc. will pay $169,000 under an agreement with Missouri regulators to settle an allegation that it failed to supervise an agent who made unsuitable recommendations to three Missouri seniors and a mentally disabled adult. -
CRE Capital CEO guilty in Ponzi scheme
Posted: May 21st, 2009, 3:30pm EDT
CRE Capital Corp. President and CEO James G. Ossie pleaded guilty on Thursday to one count of wire fraud stemming from allegations the company and Ossie raised $25 million through a fraudulent Ponzi scheme. -
Diamond Hill dissident fails in board bid
Posted: May 21st, 2009, 3:20pm EDT
A dissident seeking board seats at Diamond Hill Investment Group Inc. fell millions of shares short of success at the company’s annual shareholders’ meeting Thursday. -
Pompano Beach man charged in stock manipulation
Posted: May 21st, 2009, 1:37pm EDT
A Pompano Beach stock promoter is among eight people charged by the Securities and Exchange Commission in a penny stock manipulation ring that allegedly pumped the market prices of at least four stocks and generated more than $6.2 million, according to a news release. -
Venture Forum winners named
Posted: May 21st, 2009, 1:37pm EDT
Two local companies that made presentations during Wednesday’s SmartStart UNYTECH Venture Forum in Albany, N.Y. received awards at the conclusion of the two-day event. -
Imre nabs Web marketing work for Erickson Retirement Communities
Posted: May 21st, 2009, 1:32pm EDT
Two Baltimore marketing firms have picked up new clients and a third has started a new company that targets small businesses. -
SoBran wins $48M Air Force contract
Posted: May 21st, 2009, 1:30pm EDT
SoBran Inc. will continue supporting Air Force defense and mission systems under a new $48 million contract. -
Allis-Chalmers to sell shares in rights offering
Posted: May 21st, 2009, 1:30pm EDT
Allis-Chalmers Energy Inc. has agreed to sell about 35.7 million shares of its common stock at $2.50 through a rights offering. (ALY) -
Crisis Prevention Institute buys Hillsborough company
Posted: May 21st, 2009, 1:25pm EDT
The Crisis Prevention Institute Inc. said Thursday that it has acquired Dementia Care Specialists Inc., a national dementia-care training and consulting firm based in Hillsborough. -
Rachlin to merge with N.Y. firm
Posted: May 21st, 2009, 1:15pm EDT
South Florida's eighth-largest accounting firm, Rachlin LLP, is merging with Marcum & Kliegman LLP, the largest accounting firm on New York’s Long Island. -
Energy Forum: U.S. moving toward real energy policy
Posted: May 21st, 2009, 1:00pm EDT
About 500 people gathered Thursday for the Houston Business Journal’s Energy Forum breakfast at the Wortham Center downtown. -
Visible Technologies raises $6 million
Posted: May 21st, 2009, 12:40pm EDT
Visible Technologies has raised a $6 million round of venture capital from existing investors, with Senior Vice President of Marketing Blake Cahill saying it will be used to “support continued growth.” -
Crisis Prevention Institute buys N.C. firm
Posted: May 21st, 2009, 11:57am EDT
The Crisis Prevention Institute Inc. of Brookfield said Thursday that it has acquired Dementia Care Specialists Inc., a national dementia care training and consulting firm based in North Carolina. -
Regions stock drops Thursday
Posted: May 21st, 2009, 11:47am EDT
Regions Financial Corp.’s share prices fell during Thursday’s trading session. (RF) -
Tennessee Rural Opportunity Fund wins award
Posted: May 21st, 2009, 11:46am EDT
The Tennessee Rural Opportunity Fund, a $10 million revolving loan fund providing growth capital to businesses in rural Tennessee, has won Business Retention and Expansion International's 2009 Multi-Community Program Award for populations over 100,000. -
Raleigh startup Schoolheart launches fundraiser
Posted: May 21st, 2009, 11:15am EDT
Schoolheart, a Raleigh startup that helps schools and nonprofit groups raise money, has raised $25,000 of a targeted $1 million round of equity financing, according to documents filed with the U.S. Securities and Exchange Commission. -
Chemed wins proxy fight
Posted: May 21st, 2009, 11:06am EDT
Chemed Corp. has won its skirmish against dissident investors, MMI Investments LLC, which withdrew its slate of candidates for Chemed’s board Thursday and praised the company for adding “two qualified and independent directors” to its board. (CHE) -
Broder Bros. receiving shipments again after restructuring
Posted: May 21st, 2009, 11:02am EDT
Apparel distributor Broder Bros. said Wednesday that it reached an agreement with lenders that eased strained relations with vendors. -
Access Data Corp. acquired by NY firm
Posted: May 21st, 2009, 11:02am EDT
Downtown Pittsburgh-based Access Data Corp. has been acquired by a New York-based financial services technology provider for an undisclosed amount. (BR) -
Ameristar adds on to notes offer
Posted: May 21st, 2009, 10:34am EDT
Ameristar Casinos Inc. said Thursday it plans to offer an additional $150 million aggregate principal notes. -
Rosetta Stone CEO to speak at Capital Connection
Posted: May 21st, 2009, 10:21am EDT
Tom Adams, CEO of Rosetta Stone, will deliver the keynote address for Capital Connection, a venture capital conference in D.C. scheduled for May 26-27. -
Huntington raising $675M to build cushion
Posted: May 21st, 2009, 8:59am EDT
In the wake of a government push to pad depleted capital levels at big banks, Huntington Bancshares Inc. said it will raise $675 million to help it endure a deeper economic downturn if one ever develops and eventually pay back government bailout funds. (HBAN) -
N.C. A&T to name new chancellor
Posted: May 21st, 2009, 8:46am EDT
The UNC Board of Governors will meet in special session by video conference at N.C. A&T University Friday and will likely discuss the person selected to be the school’s next chancellor. An announcement is expected soon after. -
Community Southern Bank plans stock offering
Posted: May 21st, 2009, 8:44am EDT
Community Southern Bank said it plans to raise up to $10 million from a stock offering. -
UCBH calls off shareholder meeting, will restate results
Posted: May 21st, 2009, 8:40am EDT
UCBH Holdings Inc. postponed its shareholder meeting, scheduled for today, so it could restate its financial results for 2008 and the first quarter of 2009. -
Fifth Third seeks to raise $1.1B
Posted: May 21st, 2009, 8:37am EDT
Fifth Third Bancorp, parent of the former First Charter Corp. of Charlotte, plans to sell up to $750 million of common stock to help it meet a recent federal requirement to raise $1.1 billion in capital. (FITB) -
Cardinal Bank selling up to 4 million shares of stock
Posted: May 21st, 2009, 7:58am EDT
Cardinal Financial Corp., which turned down a federal capital injection, is searching for one on its own. (CFNL) -
Survey: Recession clips angel investments
Posted: May 21st, 2009, 7:51am EDT
Angel investments decreased in 2008 from 2007 because of the recession, according to the Angel Capital Association. -
Seattle FHLB posts $467M Q1 capital deficiency
Posted: May 20th, 2009, 7:39pm EDT
The Federal Home Loan Bank of Seattle reported a $467 million capital deficiency at the end of March, according to the bank’s first quarter earnings report released Wednesday. -
Corporation Commission orders millions in securities penalties
Posted: May 20th, 2009, 6:22pm EDT
The Arizona Corporation Commission announced findings in two securities investigations Wednesday. -
Franklin Templeton in exclusive talks to buy AIG unit
Posted: May 20th, 2009, 5:43pm EDT
Franklin Templeton and private equity firm Crestview Partners are reportedly in exclusive talks to purchase AIG’s asset-management business. (BEN) (AIG) (BAC) -
Fifth Third to raise capital for stress test
Posted: May 20th, 2009, 4:26pm EDT
Fifth Third Bancorp announced plans Wednesday for two transactions that could allow it to raise more than the $1.1 billion the federal government determined it needed to add to its coffers after the so-called “stress test” results were announced May 7. (FITB) -
Chuck Sted elected chairman of HPU board
Posted: May 20th, 2009, 4:04pm EDT
Hawaii Pacific Health President and CEO Chuck Sted has been elected chairman of Hawaii Pacific University’s board of trustees. -
Four EMCs drop out of power plant project
Posted: May 20th, 2009, 4:01pm EDT
Citing uncertainty over future federal regulation of carbon dioxide emissions, four Georgia electric membership corporations have pulled out of a consortium planning to build a coal-burning power plant. -
Limited bags 1Q profit
Posted: May 20th, 2009, 3:59pm EDT
Limited Brands Inc. made a first quarter profit, but not by much, the company reported Wednesday. (LTD) -
Cephalon announces stock, notes offerings
Posted: May 20th, 2009, 3:59pm EDT
Cephalon Inc. said Wednesday it intends to offer, subject to market and other conditions, $300 million of common stock and $350 million in convertible senior subordinated notes, through two concurrent public offerings. (CEPH) -
Stimulus pays for energy-saving lights
Posted: May 20th, 2009, 3:58pm EDT
The State Energy Program has been allocated $5 million in federal stimulus funds to provide retrofits on traffic and pedestrian lights. -
Fed’s downgraded forecast deflates Dow; Level 3 leads Colorado gainers
Posted: May 20th, 2009, 3:53pm EDT
The Dow and other indexes fell Wednesday as the Federal Reserve downgraded its forecast for the rest of 2009. In Colorado, Level 3 Communications Inc. led actively traded gainers. -
SciClone files shelf registration statement
Posted: May 20th, 2009, 3:42pm EDT
SciClone Pharmaceuticals Inc. on Wednesday reported filing a shelf registration statement with the Securities and Exchange Commission that will let it sell up to $50 million in securities. (SCLN) -
Twin Cities Angels raises second fund
Posted: May 20th, 2009, 2:45pm EDT
Twin Cities Angels, an investor group that funds Minnesota startups, will soon close its second fund. -
Bank of America raises $13.5B in stock sale
Posted: May 20th, 2009, 2:44pm EDT
Bank of America Corp. has raised $13.47 billion in a sale of common stock. (BAC) -
Deadline looms for Guaranty
Posted: May 20th, 2009, 2:28pm EDT
One day before a major deadline, Guaranty Financial Group Inc. is still working with federal regulators on an “alternative plans” to keep the Austin-based thrift company operating, a company official said. (GFG) -
Balfour Beatty awarded museum contract
Posted: May 20th, 2009, 2:13pm EDT
Balfour Beatty Construction has been selected as general contractor for the Museum of Nature & Science facility, an attraction that is slated to benefit Dallas’ Victory Park. -
AirTran now using six gates at Mitchell
Posted: May 20th, 2009, 2:08pm EDT
AirTran Airways said it has added more gates at General Mitchell International Airport in Milwaukee and now occupies six gates in Concourse C. (AAI) -
26 companies make pitch at venture forum
Posted: May 20th, 2009, 1:58pm EDT
Stephan Doyon had 10 minutes Wednesday to convince a room of venture capitalists that his company was worth the investment. -
Marietta man indicted in Cincinnati
Posted: May 20th, 2009, 1:58pm EDT
A metro Atlanta contractor was indicted Wednesday in Cincinnati for allegedly defrauding Schottco Corp. and Schott Leasing Co. out of about $1.7 million between 2006 and 2008. -
First Community Bancshares takes $14.8M in TARP money
Posted: May 20th, 2009, 1:28pm EDT
First Community Bancshares Inc. accepted $14.8 million from the U.S. Treasury’s Troubled Asset Relief Program on May 15. (BAC) (USB) (MI) -
Report: New Microsoft search engine coming next week
Posted: May 20th, 2009, 1:20pm EDT
Microsoft Corp. is ramping up its competition against Google Inc. and will unveil a new version of its search engine next week, according to a report Wednesday. (MSFT) -
Survey: Recession clips angel investments
Posted: May 20th, 2009, 1:19pm EDT
Angel investments decreased in 2008 from 2007 because of the recession, according to the Angel Capital Association. -
Survey: Buyer interest in foreclosures spikes
Posted: May 20th, 2009, 1:19pm EDT
Keith Fleischer was listing a foreclosure on his Web site Wednesday afternoon that he said likely would have a buyer by day’s end. -
East Baltimore redevelopment secures PNC Bank financing
Posted: May 20th, 2009, 1:13pm EDT
PNC Bank is spending nearly $5 million to finance a residential and commercial development to help revitalize the community near Johns Hopkins Hospital. (PNC) -
Proper Power launches trading
Posted: May 20th, 2009, 12:57pm EDT
Proper Power & Energy Inc. said its common stock is eligible for quotation and trading on the Over-the-Counter Bulletin Board. -
KeyBank names new VP in Dayton office
Posted: May 20th, 2009, 12:54pm EDT
KeyBank has hired a former National City Bank adviser and manager. (KEY) -
Bankers urge governor to veto foreclosure-mediation bill
Posted: May 20th, 2009, 12:34pm EDT
The Minnesota Legislature passed the homestead-lender mediation act on Monday before adjourning, including an exemption from some mortgages. -
GenCorp freezes Aerojet union pensions
Posted: May 20th, 2009, 12:32pm EDT
GenCorp Inc. of Rancho Cordova is freezing pension plans for Aerojet’s unionized employees, having implemented a similar freeze for all non-union employees Feb. 1, the company has announced. (GY) -
Analysts: Regions could be merger target
Posted: May 20th, 2009, 11:14am EDT
While Regions Financial Corp. announced plans to come up with half of the $2.5 billion required by the U.S. government through a stock offering, banking experts believe the Birmingham company could eyeball a merger as a part of its capital plan. -
Oncothyreon announces stock purchase deal, shares slide
Posted: May 20th, 2009, 10:29am EDT
Oncothyreon Inc. said several investors have committed to buy $11.1 million worth of its shares. Funds from the proceeds will be used for “general corporate purposes,” according to the Seattle biotech. (ONTY) -
American Water closes on $50M in notes
Posted: May 20th, 2009, 10:19am EDT
American Water Works Co. said Wednesday that its financing subsidiary, American Water Capital Corp., has closed its private placement offering of $50 million in senior unsecured notes. (AWK) -
Los Angeles Mayor Villaraigosa offers answer to Rocky shutdown: Send L.A. Times to Denver
Posted: May 20th, 2009, 10:12am EDT
Los Angeles Mayor Antonio Villaraigosa -- making the traditional bet between cities with teams in the playoffs, in this case the Lakers and Nuggets -- has offered Denver Mayor John Hickenlooper an unusual victory prize: The Los Angeles Times, his city's largest newspaper. -
Seacoast Bank nixes dividends
Posted: May 20th, 2009, 10:09am EDT
Seacoast Banking Corp., the parent of Stuart-based Seacoast National Bank, will suspend issuing quarterly dividends to its shareholders. -
BofA raises $13.5B in stock sale
Posted: May 20th, 2009, 10:02am EDT
Bank of America Corp. raised $13.47 billion in a sale of common stock. (BAC) -
Rexahn Pharmaceuticals to raise $10M
Posted: May 20th, 2009, 9:55am EDT
Rexahn Pharmaceuticals Inc. expects to raise $10 million through a registered direct offering of common stock and warrants. -
SolarWinds shares rise 17% on first day of trading
Posted: May 20th, 2009, 9:31am EDT
Software maker SolarWinds Inc.’s priced its stock at $12.50 per share on Tuesday evening ahead of its first day of trading. -
Regions to raise $1B in stock offering
Posted: May 20th, 2009, 9:25am EDT
Regions Financial Corp. plans to raise $1.25 billion in a stock offering to help meet the U.S. government’s demands to raise more capital if the economy worsens. (RF) -
Invesco offering set at $14 a share
Posted: May 20th, 2009, 9:01am EDT
Invesco Ltd. said Wednesday it priced a $400 million public offering of 28.6 million common shares at $14 a share. (IVZ) -
Raymond James says no to TARP
Posted: May 20th, 2009, 8:44am EDT
Raymond James Financial Inc. has withdrawn its application to receive money from the Troubled Asset Relief Program. (RJF) -
CMA Capital buys Sentech
Posted: May 20th, 2009, 8:22am EDT
CMA Capital Partners LLC has bought a majority stake in Sentech Inc. through its subsidiary CMA Government Solutions Inc. -
Socket Mobile raises $1.05M in stock sale
Posted: May 20th, 2009, 8:22am EDT
Socket Mobile Inc. said Wednesday it reached an agreement for a common stock private placement of about $1.05 million. (SCKT) -
Vista back at SumTotal table with higher offer
Posted: May 20th, 2009, 8:10am EDT
Vista Equity Partners Fund III L.P. said Wednesday it increased its offer yet again for SumTotal Systems Inc., this time to $4.95 per share, which values the company at about $163 million. (SUMT) (SUMT) -
David Pomeroy to acquire Pomeroy IT
Posted: May 20th, 2009, 8:07am EDT
Pomeroy IT Solutions founder David Pomeroy II and his company Hebron LLC said Wednesday that Hebron will acquire the company for $5.02 per share. (PMRY) -
CNL Bancshares posts Q1 loss
Posted: May 20th, 2009, 7:50am EDT
CNL Bancshares Inc., the parent of Orlando’s CNL Bank, lost $503,000 in the first quarter, or 3 cents per diluted share. -
BofA raises $13.5B in stock sale
Posted: May 20th, 2009, 7:49am EDT
Bank of America Corp. has raised $13.47 billion in a sale of common stock. (BAC) -
Fitch affirms Bank of Hawaii rating
Posted: May 19th, 2009, 5:31pm EDT
Fitch Ratings has affirmed Honolulu-based Bank of Hawaii’s rating outlook as stable. (BOH) -
Wisconsin angel investing rises, but venture capital down
Posted: May 19th, 2009, 5:27pm EDT
Wisconsin angel networks and funds posted a 28 percent increase in early stage investments in 2008, reaching more than $15 million invested in 53 deals. -
BankAtlantic, BFC up shares for compensation
Posted: May 19th, 2009, 5:07pm EDT
Shareholders of BankAtlantic Bancorp and BFC Financial Corp. on Tuesday approved an increase to the amount of shares that can be awarded to company employees. (BBX) -
Enloe honored for community work
Posted: May 19th, 2009, 3:36pm EDT
Los Alamos National Bank Chairman and CEO Bill Enloe has been honored with the 2009 NeighborWorks Business Leadership Award for his dedication to the betterment of local communities. -
Credit card bill passes U.S. Senate
Posted: May 19th, 2009, 3:23pm EDT
The U.S. Senate passed a bill Tuesday banning abusive practices by the credit card industry. -
BankUnited shares trading heavy
Posted: May 19th, 2009, 3:21pm EDT
Shares of BankUnited Financial Corp. closed off 16 cents on Wednesday as no word emerged about bidding for the company. (BKUNA) -
TD Bank scores well in mid-Atlantic
Posted: May 19th, 2009, 3:11pm EDT
A J.D. Power and Associates customer satisfaction survey gives top marks in the mid-Atlantic region to TD Bank. -
Peoples National Bank parent gets millions in TARP
Posted: May 19th, 2009, 2:18pm EDT
Market Street Bancshares Inc., parent company of Peoples National Bank, said Tuesday it received $20.3 million through the U.S. Treasury’s Troubled Asset Relief Program. -
Tenet shares soar on upgrade
Posted: May 19th, 2009, 2:17pm EDT
Hospital operator Tenet Healthcare Corp. saw its stock price jump 24.44 percent on Tuesday after an analyst with Goldman Sachs raised the company from “neutral” to “buy.” -
Prison operator to sell $300M in debt notes
Posted: May 19th, 2009, 2:14pm EDT
Corrections Corporation of America has announced plans to sell $300 million in senior notes. (CXW) -
GPS could go south, says report
Posted: May 19th, 2009, 2:08pm EDT
The Global Positioning System, a great boon to drivers too proud to ask directions, faces “significant challenges” as its satellites age and fail over the next few years. -
AG suing 2 debt-settlement firms
Posted: May 19th, 2009, 2:06pm EDT
Attorney General Andrew Cuomo has filed lawsuits against two debt settlement companies for fraudulent business practices and false advertising. -
Baird adds offices in Sacramento, Maryland
Posted: May 19th, 2009, 2:05pm EDT
Private equity and asset management company Robert W. Baird & Co. Inc. has added 19 financial advisers and opened two Sacramento, Calif.-area offices and an office near Baltimore. -
NxStage inks licensing deal with Japanese firm
Posted: May 19th, 2009, 1:59pm EDT
Dialysis product company NxStage Medical Inc. has entered into a strategic business alliance with Japan-based medical supply company, Asahi Kasei Kuraray Medical. -
Wal-Mart loses appeal to get $30M in North Carolina tax refunds
Posted: May 19th, 2009, 1:54pm EDT
The North Carolina Court of Appeals has denied Wal-Mart’s attempt to win $30 million in tax refunds from the state of North Carolina. -
Gee re-elected to Massey energy board
Posted: May 19th, 2009, 1:51pm EDT
Shareholders of Virginia coal mining concern Massey Energy Co. have given a thumbs-up to the controversial re-election of Ohio State University President Gordon Gee. (MEE) (HAS) (GET) -
TeleCommunication Systems buys LocationLogic for $25M
Posted: May 19th, 2009, 1:47pm EDT
TeleCommunication Systems has acquired LocationLogic LLC for $25 million in cash and stock. (TSYS) -
Dayton-area businessman named exec for NFL team
Posted: May 19th, 2009, 1:43pm EDT
A former Dayton-area commercial real estate agent has been hired as an executive for an NFL team. -
Langford unveils $415M city budget
Posted: May 19th, 2009, 1:43pm EDT
Mayor Larry Langford submitted a $415.8 million operating budget for fiscal year 2010 to the Birmingham City Council on Tuesday that includes $240 million for the city’s police department. -
Private equity firm Baird adds Sacramento office
Posted: May 19th, 2009, 1:40pm EDT
Private equity and asset management company Baird opened an Sacramento office at 555 University Ave., and it has added two more advisors to its office in Roseville, which opened in November. -
Penn Virginia prices offering
Posted: May 19th, 2009, 1:38pm EDT
Penn Virginia Corp. said Tuesday it has priced its public offering of common stock at $19 per share. (PVA) -
NADBank funds water, land projects along U.S.-Mexico border
Posted: May 19th, 2009, 1:33pm EDT
The North American Development Bank (NADBank) has approved two new grant agreements totaling more than $2.53 million. -
Comerica elects board members
Posted: May 19th, 2009, 1:23pm EDT
Banking giant Comerica Inc. wrapped up a shareholders meeting Tuesday in which the company elected four board members. (CMA) -
Key picks Durand to handle business growth in Saratoga, Warren
Posted: May 19th, 2009, 1:18pm EDT
KeyBank N.A. has named Mike Durand to oversee its business growth in Saratoga and Warren counties of New York. -
Corus Bank ordered to submit capital plan
Posted: May 19th, 2009, 12:35pm EDT
Corus Bankshares, which has warned it could be placed into receivership, has now been given until Friday to submit a capital restoration plan to federal regulators. (CORS) -
Missouri Hospital Association names CEO
Posted: May 19th, 2009, 10:45am EDT
The Missouri Hospital Association Board of Trustees has selected Herb Kuhn as its next president and chief executive officer, effective Sept. 1. -
Beazer unit to refund $2.5M in N.C.
Posted: May 19th, 2009, 10:44am EDT
Beazer Mortgage Corp. has agreed to issue $2.5 million in refunds to more than 1,500 borrowers in North Carolina. (BZH) -
Bio-Rad Laboratories to raise $250M in private placement
Posted: May 19th, 2009, 10:37am EDT
Biology instrument and lab test maker Bio-Rad Laboratories Inc. will raise $250 million in a private placement. (BIO) -
Hemispherx Biopharma to sell up to $16M in stock
Posted: May 19th, 2009, 10:28am EDT
Hemispherx Biopharma agreed to sell up to $16 million in common stock and warrants Tuesday in a registered offering to two institutional investors. -
Uwharrie earnings up 16.8%
Posted: May 19th, 2009, 10:20am EDT
Uwharrie Capital Corp. grew its first-quarter earnings 16.8 percent to $905,000 from $775,000 a year earlier. -
Wells names wealth-management execs
Posted: May 19th, 2009, 10:17am EDT
Former Wachovia Corp. executive Robert Storey is the new managing director of investments for the Eastern region for Wells Fargo & Co.’s wealth management group. (WFC) -
Emerald Dunes Golf Course faces foreclosure
Posted: May 19th, 2009, 9:53am EDT
The 110-acre Emerald Dunes Golf Course in Royal Palm Beach faces foreclosure. -
AmerisourceBergen announces stock split, dividend increase
Posted: May 19th, 2009, 9:46am EDT
AmerisourceBergen Corp.’s board of directors approved a two-for-one stock split of the company’s outstanding shares of common stock on Tuesday. (ABC) -
SBA opens Katy center to help severe storm victims
Posted: May 19th, 2009, 9:32am EDT
The Small Business Administration will open a Disaster Loan Outreach Center at 1 p.m. on Tuesday to help homeowners, renters and business owners impacted by the severe storm and flooding in the Houston area on April 27 and 28. -
Exiting Sunrise CFO gets hired at SRA International
Posted: May 19th, 2009, 9:20am EDT
Rick Nadeau, the outgoing chief financial officer of Sunrise Senior Living Inc., landed the same job at SRA International Inc. (SRX) (SRZ) -
M&I raising capital, may start repaying TARP
Posted: May 19th, 2009, 8:50am EDT
Marshall & Ilsley Corp. said it has initiated the sale of common stock totaling up to $350 million in proceeds, and may use some or all of the funds as payments toward TARP funds it attained in late 2008. (MI) -
Braves’ Hudson starts ATL-based charity
Posted: May 19th, 2009, 8:41am EDT
Atlanta Braves pitcher Tim Hudson and his wife, Kim, have started a charity that will focus on helping children in Georgia and Alabama who need assistance due to physical, emotional or financial circumstances. -
Danvers Bancorp to repurchase shares
Posted: May 19th, 2009, 8:34am EDT
Danvers Bancorp Inc. announced late Monday its board has approved a plan to repurchase 5 percent of the company’s common stock outstanding. (DNBK) -
First Financial Bancorp sets $100M offering
Posted: May 19th, 2009, 8:26am EDT
First Financial Bancorp said Monday it is beginning an underwritten public offering of $100 million of its common shares. (FFBC) -
Q&A: New SBA Administrator Karen Mills on the stimulus
Posted: May 19th, 2009, 6:00am EDT
Karen Mills faced double duty when she started work April 6 as the Small Business Administration’s new administrator: She not only had to supervise the agency’s traditional programs but also had to implement new initiatives created by Congress in the economic stimulus bill. -
Shareholders grill First Franklin CEO
Posted: May 19th, 2009, 4:15am EDT
First Franklin Corp. CEO Tom Siemers was ready to adjourn his company’s annual meeting Monday afternoon after a scant 10 minutes. (FFHS) -
Renaissance Financial moves, plans to expand staff
Posted: May 18th, 2009, 5:13pm EDT
Renaissance Financial Corp., an independently owned and operated financial advisory service firm, recently moved from Olivette to St. Louis City and plans to expand its work force. -
MasterCard executive Wendy J. Murdock joins Syniverse Board
Posted: May 18th, 2009, 5:11pm EDT
Syniverse Technologies Inc. has named Wendy J. Murdock to its board of directors. (MA) (C) (SVR) -
New South Federal hit with cease and desist order
Posted: May 18th, 2009, 5:02pm EDT
New South Federal Savings Bank entered into a regulatory oversight agreement with the Office of Thrift Supervision, which ordered the bank to reduce its high level of problem assets and improve its capital ratios. -
S.F. investment bank MCF posts $1.9 million loss in Q1
Posted: May 18th, 2009, 4:48pm EDT
San Francisco investment bank Merriman Curhan Ford said Monday that losses continued despite moves to shed non-core operations and rein in expenses. (MERR) -
Bexar County will sell new round of debt
Posted: May 18th, 2009, 4:30pm EDT
Bexar County plans to sell nearly $20 million worth of bonds and contractual obligations this week. -
Venture Financial Group says 10-Q will be late
Posted: May 18th, 2009, 4:14pm EDT
Venture Financial Group said Monday that it will be late filing its first-quarter report and expects a significant increase in bad loans, according to a regulatory filing. -
Check 'n Go signs deal with Western Union
Posted: May 18th, 2009, 3:51pm EDT
The Ohio-based parent of Check ‘n Go stores has signed an agreement with Western Union Co. to offer global money transfer services in the payday lender’s stores across the country. (WU) -
BBVA Compass named top SBA lender
Posted: May 18th, 2009, 2:57pm EDT
Birmingham’s BBVA Compass was named Loan Lender of the Year by the U.S. Small Business Administration for doling out the largest amount of 7(a) loans across the nation. -
‘Stress’ tests on M&I reach contradictory results
Posted: May 18th, 2009, 2:36pm EDT
Two new independent analyses of small- to mid-sized banks reached different conclusions on whether Marshall & Ilsley Corp. might need to raise capital to withstand further deterioration in the economy. (MI) -
Yahoo pulls mobile for smartphones app
Posted: May 18th, 2009, 2:09pm EDT
Yahoo Inc. won't pursue its mobile for smartphones app, the company said Monday. (YHOO) (AAPL) -
GM ends Kaneohe Chevy franchise
Posted: May 18th, 2009, 2:04pm EDT
Servco Auto Windward in Kaneohe will no longer sell Chevrolets after next year, having been told by General Motors that its dealer agreement will not be renewed. -
Cisco: Smart grid will be 1,000 times size of the Internet
Posted: May 18th, 2009, 2:02pm EDT
Cisco Systems sees a $100 billion opportunity in communications equipment for upgrading aging electrical infrastructure to a digital smart grid, CNET reports. (CSCO) (INTC) (IBM) -
Abiomed cuts loss, pays $5.6M to Impella shareholders
Posted: May 18th, 2009, 1:59pm EDT
Medical device maker Abiomed Inc. said it will pay $3.8 million in milestone payments owed to the former shareholders of Impella CardioSystems AG after U.S. regulators approved the sale of the Impella 5.0 circulatory-support technology. -
Attendance strong at Jacksonville Film Festival
Posted: May 18th, 2009, 1:58pm EDT
Unprecedented sell-outs are putting the Jacksonville Film Festival on target to surpass last year’s attendance despite having a reduced line-up, the event’s executive director said. -
TrustCo’s expansion program should end this summer
Posted: May 18th, 2009, 1:58pm EDT
TrustCo Bank Corp NY is wrapping up the expansion program that has seen it more than double its branch network in seven years. -
SBA loan program focuses on small biz survival
Posted: May 18th, 2009, 1:50pm EDT
Small businesses suffering financial hardship as a result of the slow economy may be eligible for some short-term relief. -
Investment scammer to pay $4.2M
Posted: May 18th, 2009, 1:29pm EDT
A Quincy man has been ordered to pay federal and state securities regulators $4.2 million in penalties and the disgorgement of ill-gotten profits from an allegedly fraudulent real estate investment scheme involving elderly clients. -
Federal Home Loan Bank of Boston stung by MBS portfolio
Posted: May 18th, 2009, 1:24pm EDT
The Federal Home Loan Bank of Boston, a key source of funds for New England lenders, estimates it will post a loss of $83.4 million in the first quarter because of troubled investments whose values are expected to be reduced by several hundred million dollars. -
SCBT raises $29.9M in offering
Posted: May 18th, 2009, 1:19pm EDT
SCBT Financial Corp., parent company of North Carolina Bank & Trust, has closed on its public offering of 1.3 million shares of common stock. (SCBT) -
Constellation Energy backs federal greenhouse gas emissions bill
Posted: May 18th, 2009, 1:08pm EDT
Constellation Energy Group Inc. is backing federal legislation to cap greenhouse gas emissions and promote the clean energy industry. (CEG) -
Auburn National revises 1Q earnings report
Posted: May 18th, 2009, 1:03pm EDT
Auburn National Bancorp. revised its first quarter earnings report after the unexpected failure of Silverton Bank impacted its bottom line. -
Rural public transit agencies to get stimulus money
Posted: May 18th, 2009, 12:57pm EDT
A $39.5 million chunk of the federal stimulus package, routed through the state, will go toward rural public transportation projects, Gov. Ed Rendell announced today. -
Waukesha Tool & Stamping buys Ill. firm
Posted: May 18th, 2009, 12:55pm EDT
Waukesha Tool & Stamping has acquired Parkview Metal Products of Lake Zurich, Ill. -
Bank stocks driving rally on Wall Street
Posted: May 18th, 2009, 12:51pm EDT
The financial sector led a rally in the markets Monday, as the results of Warren Buffett’s Berkshire Hathaway 13-K filing with the U.S. Securities and Exchange Commission indicate the company boosted its holdings in banks in the first quarter. (FITB) (USB) (HBAN) (WFC) (PNC) (JPM) (KEY) (FFBC) -
'Business Journal' Web site wins top award
Posted: May 18th, 2009, 12:30pm EDT
The Phoenix Business Journal won four Arizona Press Club awards Saturday night. -
Binder to get $1.65 million in agreement
Posted: May 18th, 2009, 12:28pm EDT
Lisa Binder, whose resignation as president of Associated Banc-Corp was announced Friday, will receive $1.65 million from the bank in a “no-compete” agreement. (ASBC) -
Molecular Insight taps biotech vet as CEO
Posted: May 18th, 2009, 12:25pm EDT
Molecular Insight Pharmaceuticals Inc. has hired former GE Healthcare executive Daniel Peters as its new president and CEO, effective May 26. -
SMF Energy Q3 loss narrows 85%
Posted: May 18th, 2009, 12:23pm EDT
SMF Energy Corp. reported a third quarter net loss of $243,000, or 2 cents a share, improved from a loss of $1.4 million, or 10 cents a share, for the same period a year ago. (FUEL) -
EDC offers $5,000 grant for new incubator tenants
Posted: May 18th, 2009, 12:19pm EDT
The Economic Development Center of St. Charles County will make a $5,000 grant to one new incubator tenant as part of the center’s local jobs initiative. -
Explosion shuts Sunoco Marcus Hook refinery: No injuries, fire under control
Posted: May 18th, 2009, 12:14pm EDT
A fire caused by an explosion at Sunoco Inc.’s Marcus Hook, Pa., refinery is under control and getting smaller, company spokesman Thomas Golembeski said around noon Monday. (SUN) -
Phila. — 710K international visitors last year
Posted: May 18th, 2009, 12:13pm EDT
Philadelphia hosted 710,000 international visitors last year, a gain of 29 percent, according to U.S. Department of Commerce figures released Monday. -
Pacific Ethanol units file bankruptcy
Posted: May 18th, 2009, 12:12pm EDT
Pacific Ethanol Inc.’s five ethanol-producing units filed for Chapter 11 bankruptcy protection Monday, sending the parent company’s shares tumbling almost 50 percent in early morning trading. -
Survey: Small business optimism growing
Posted: May 18th, 2009, 11:53am EDT
Small business owners are becoming more optimistic about the year ahead, according to the Wells Fargo/Gallup Small Business Index released Monday. (WFC) -
SBA offers interest-free loans to struggling businesses
Posted: May 18th, 2009, 11:49am EDT
Help is on the way for small-business owners struggling to made debt payments. -
Stock deal at portfolio firm frees up cash for Safeguard Scientifics
Posted: May 18th, 2009, 11:11am EDT
Safeguard Scientifics Inc. said Monday that it has received $19.5 million in cash, and freed up another $12.3 million in cash due to one of its portfolio companies completing the second part of a private placement of convertible preferred stock. (SFE) (CLRT) (CLRT) -
Beacon Solutions opens three new locations
Posted: May 18th, 2009, 11:09am EDT
Louisville-based Beacon Enterprise Solutions Group Inc. has opened offices in Lexington, Ky.; Rochester, N.Y. and Raritan, N.J., to support increasing demand for its management of information-technology infrastructure. -
Hallmark Financial Q1 profit declines
Posted: May 18th, 2009, 11:08am EDT
Insurance provider Hallmark Financial Services Inc. has posted a smaller profit due to the impact tighter underwriting had on production in the company’s standard commercial segment and in other business segments. -
Alliance Data secures new financing
Posted: May 18th, 2009, 10:56am EDT
Credit card services provider Alliance Data Systems Corp. has secured a new $134 million loan, telling investors its financial safety net now approaches $900 million. (ADS) -
Wal-Mart wins WMC environmental award
Posted: May 18th, 2009, 10:32am EDT
Wisconsin Manufacturers & Commerce named Wal-Mart Stores Inc. a first-place winner in the organization’s 2009 Business Friend of the Environment Award for pollution reduction, energy efficiency and reducing its solid waste. -
Survey: Suburbanites want city amenities
Posted: May 18th, 2009, 10:25am EDT
Today’s suburban workers and residents miss the amenities of cities and some would even change jobs or move to get perks such as public transit and cultural diversity,according to a survey commissioned by the Fairfax County Economic Development Authority. -
Accelitec raises $2.5M to develop loyalty card technology
Posted: May 18th, 2009, 10:22am EDT
A Bellingham company called Accelitec has raised $2.5 million in funding from members of its management team and angel investors to develop its RFID-enabled loyalty card program for small- and mid-sized grocers. -
Developer plans $300M trade center in 2010
Posted: May 18th, 2009, 9:56am EDT
Developers hope to complete the first phase of a $300 million Nashville Medical Trade Center in just 14 months, with the entire project wrapped up in three years. -
Alliance Data secures new financing
Posted: May 18th, 2009, 9:55am EDT
Credit card services provider Alliance Data Systems Corp. has secured a new $134 million loan, the company confirmed in a press release Monday. (ADS) -
City of Orlando to shed up to 342 jobs
Posted: May 18th, 2009, 9:49am EDT
The city of Orlando will be shedding 342 jobs, or 10 percent of its workforce, to create up to $34 million in cost savings. -
SBA backing recovery loans
Posted: May 18th, 2009, 9:49am EDT
Beginning June 15, U.S. Small Business Administration will guarantee America’s Recovery Capital loans. -
Florida development group sues M&I
Posted: May 18th, 2009, 9:47am EDT
A Florida development group planning a gated, waterfront town home community in Tarpon Springs, Fla., is suing M&I Marshall & Ilsley Bank in federal court in Tampa. (MI) -
Pohlads again increase ballpark contribution
Posted: May 18th, 2009, 9:40am EDT
The Pohlad family on Friday announced it has again increased its contribution toward the construction of the Minnesota Twins’ new ballpark to help pay for rooftop seating and various other design enhancements. -
Flowserve names new treasurer, VP
Posted: May 18th, 2009, 9:12am EDT
Dean Freeman has been named vice president and treasurer of Flowserve Corp., a fluid motion and control product manufacturer. (FLS) -
TSYS opens Paris office
Posted: May 18th, 2009, 8:12am EDT
TSYS has entered France by signing a deal with TransCash Corp. to start a prepaid money transfer card. (TSS) -
Key International faces foreclosure in Miami
Posted: May 18th, 2009, 8:00am EDT
Ocean Bank has filed a foreclosure action against a downtown Miami site controlled by Key International. -
First Financial Bancorp to buy 17 Peoples Community branches
Posted: May 18th, 2009, 7:56am EDT
The struggling Peoples Community Bancorp has found a suitor – First Financial Bancorp, which said Monday it will buy 17 of Peoples’ 19 branches in Greater Cincinnati and southeastern Indiana. (FFBC) (PCBI) -
Report: Loan foreclosures at 8.1%
Posted: May 18th, 2009, 7:55am EDT
March foreclosure rates in the Orlando-Kissimmee area are up over the same period last year, according to First American CoreLogic. (FAF) -
State Street takes $3.7B loss on conduits
Posted: May 18th, 2009, 7:48am EDT
State Street Corp., one of the world’s largest custodians of assets for financial institutions, said it will take a one-time, after-tax loss of $3.7 billion when it brings assets from its troubled commercial paper program onto the Boston company’s balance sheet. (STT) -
Kansas City-area bankers say regulator work honed their skills
Posted: May 17th, 2009, 11:00pm EDT
While many companies are trimming employees and costs in an effort to stay afloat, the Federal Deposit Insurance Corp. is hiring employees in droves to handle the spike in bank failures that began occurring in 2008. It’s a situation that can mean experience and opportunity for bankers intent on learning a lot about the banking industry — fast. -
Bankers: Be open with lenders for better luck getting loan
Posted: May 17th, 2009, 11:00pm EDT
Tight credit restrictions wrought by the financial crisis make getting a loan more difficult, but there are some things business owners can do to make sure they look like a safe bet for banks. -
Effects of U.S. Central Federal Credit Union takeover ripple through system
Posted: May 17th, 2009, 11:00pm EDT
The takeover of U.S. Central Federal Credit Union by regulators in March had wide-ranging effects on the entire U.S. credit union system. -
Oakland bank expands into muni bond market
Posted: May 17th, 2009, 11:00pm EDT
Blaylock Robert Van, a minority-owned investment bank in Oakland, is expanding its municipal finance business as major Wall Street firms pull back from that arena despite expectations of more bond issuance to finance infrastructure. -
Baird rides return to bullishness in bond markets
Posted: May 17th, 2009, 11:00pm EDT
The stock market has received much attention lately for showing signs of life, but the bull may already be back for investment-grade corporate bonds. -
FirstBank Florida taps García-Vélez
Posted: May 17th, 2009, 11:00pm EDT
The Puerto Rican parent corporation of FirstBank Florida will extinguish its Miami-based charter and place the entire Florida operation under the control of banking veteran Calixto García-Vélez. (FBP) -
FDIC trying to sell failed Silverton Bank
Posted: May 17th, 2009, 11:00pm EDT
Federal regulators are in the final weeks of determining the fate of now-failed Silverton Bank: Sell it to a prospective private equity buyer, or shut it down. -
Georgian Bank looks to raise $25M in capital
Posted: May 17th, 2009, 11:00pm EDT
Within the next few months, Georgian Bank will begin looking in earnest for $25 million or more in capital, pending results of a regulatory exam completed earlier this year. -
Embattled OneUnited loses traction with depositors
Posted: May 17th, 2009, 11:00pm EDT
OneUnited Bank, one of the largest black-owned banks in the country, saw deposits fall 25 percent in the first quarter as it works to stabilize operations after regulators criticized management for lavish spending and unsound practices. -
Local banks increased deposits, provisioning in Q1
Posted: May 17th, 2009, 11:00pm EDT
The largest community banks in Massachusetts scooped up deposits left and right in the first quarter as skittish customers fled the stock market and pumped their money into savings accounts and certificates of deposit insured by the federal government. -
Community banks fight an image problem
Posted: May 17th, 2009, 11:00pm EDT
Community banking executives say they are fighting a battle of perception, one they claim that has been caused largely by a media failure to differentiate the troubled larger institutions receiving bailouts, and the smaller banks that have by and large stayed the course. -
Credit unions set sights on business loans
Posted: May 17th, 2009, 11:00pm EDT
The credit union industry has joined the rush to lobby Congress for changes in how it regulates its business. On the docket: getting lawmakers to raise the limit on how much credit unions can lend out to small businesses. -
Jacksonville banks say they are not going to make more loans this year
Posted: May 17th, 2009, 11:00pm EDT
NORTHEAST FLORIDA — The government may want bankers to make more loans, but local banks say they won’t be doing that — at least not this year. -
Bad loans in Jacksonville are up 155 percent compared to first quarter 2008
Posted: May 17th, 2009, 11:00pm EDT
NORTHEAST FLORIDA — Loans going into default continued to hit double-digit percentage increases in the first quarter compared with previous quarters at many area banks. -
Q4 2008: Venture investments slammed
Posted: May 17th, 2009, 11:00pm EDT
Private equity slowed to a trickle in New Mexico during the fourth quarter of 2008, and it has yet to rebound. -
An IPO for ’09 with SolarWinds
Posted: May 17th, 2009, 11:00pm EDT
This month’s setting of the terms for software maker SolarWinds Inc.’s planned $139.1 million initial public offering underscored the value of being profitable by selling a marketable product — even during a global recession. (HPQ) (IBM) -
Lofgren pleads for banks to back Sunnyvale Town Center
Posted: May 17th, 2009, 11:00pm EDT
SUNNYVALE — Developer Peter Pau now has a congresswoman on his side seeking money for his stalled Sunnyvale Town Center project. -
Virginia sues Stifel, Nicolaus & Co. over auction rate securities
Posted: May 17th, 2009, 11:00pm EDT
The state of Virginia is suing Stifel, Nicolaus & Co. over its sale of auction rate securities to investors there. It is similar to a suit filed in March against Stifel by Missouri Secretary of State Robin Carnahan. -
Timeshare financing starting to revive
Posted: May 17th, 2009, 11:00pm EDT
Timeshare developers are seeing early signs that the crippled securities markets are starting to function again, foreshadowing a rebound for their industry. -
TARP rules don’t surprise bankers
Posted: May 17th, 2009, 11:00pm EDT
St. Louis banks that took money under the Troubled Asset Relief Program are not troubled by the federal government’s latest rules for paying it back. -
Informal stress tests given to more banks
Posted: May 17th, 2009, 11:00pm EDT
The federal government’s recent bank “stress tests” focused on the country’s 19 largest banks, but the exercise is having broad effects on the rest of the industry. -
Ken Lewis talks about succession but has no plans to exit BofA
Posted: May 17th, 2009, 11:00pm EDT
Bank of America Corp. Chief Executive Kenneth Lewis told investors this week the bank has several good internal candidates to take his job when he steps aside. -
Defaulted loans yield $5.8 million in judgments for American Bank
Posted: May 17th, 2009, 11:00pm EDT
American Bank of St. Paul has won two judgments against borrowers for a total of $5.8 million. -
Michael Mastro faces $29 million in claims from banks seeking loan repayments
Posted: May 17th, 2009, 11:00pm EDT
Central Pacific Bank has obtained a $14.6 million judgment against Seattle developer Michael Mastro, after he failed to answer a complaint the Hawaiian bank filed against him in February. -
Foreclosures piling up at Puget Sound credit unions
Posted: May 17th, 2009, 11:00pm EDT
The value of foreclosed properties piling up at the state’s credit unions jumped more than fourfold in the last year, prompting state regulators to step in with help. -
Local banks see more bad loans
Posted: May 17th, 2009, 11:00pm EDT
The 10 largest community banks in Massachusetts more than doubled the amount they set aside for loan losses in the first quarter, a trend that should continue into next year as some businesses and consumers struggle with making their debt payments. -
Gift that keeps taking: Banks work on TARP exit strategy
Posted: May 17th, 2009, 11:00pm EDT
It started out simply. -
International Bancshares floats Tiki Island marina
Posted: May 17th, 2009, 11:00pm EDT
International Bancshares Corp. is doing double duty as lender and developer to build a $25 million marina on Tiki Island, now that the project’s original developer is no longer on board. -
Capital Guardian growing amid turmoil
Posted: May 17th, 2009, 11:00pm EDT
This time last year, Capital Guardian Wealth Management was a small firm with a single office in Belmont. -
Pair of groups launching angel investment funds in Charlotte
Posted: May 17th, 2009, 11:00pm EDT
The local economy may soon get a boost from two new angel-investment groups looking to fund budding entrepreneurs. -
Pittsburgh-area apartment complexes retain investor appeal in soft market
Posted: May 17th, 2009, 11:00pm EDT
The owners of two suburban apartment properties have received a warm reception from investors, despite a sluggish market for commercial real estate. -
American Century Investments seeks world of opportunity
Posted: May 17th, 2009, 11:00pm EDT
The opening of a Hong Kong office earlier this month is an important part of American Century’s plans to transform itself by adding a global client base. -
Quarter is a downer for Kansas City-area banks
Posted: May 17th, 2009, 11:00pm EDT
Although their income is down substantially in most cases, 16 of the area’s top 25 banks remained profitable during the first quarter. -
Essex Bank focused on businesses
Posted: May 17th, 2009, 11:00pm EDT
As Essex Bank elbows its way into Maryland’s competitive banking market with its recent acquisition of Suburban Federal Savings Bank, the Virginia bank promises a new focus on commercial lending to build its business here. -
Private equity markets still showing little pulse
Posted: May 17th, 2009, 11:00pm EDT
As markets and business deals go, the goal, of course, is to buy low and sell high. -
Having little to invest, North Carolina finds its cash position crumbling further
Posted: May 17th, 2009, 11:00pm EDT
RALEIGH – Adding to the financial problems of the state, returns normally collected through short-term investing of cash have collapsed by 45 percent. -
Bank under orders of feds to mend its ways, fix compensation
Posted: May 17th, 2009, 11:00pm EDT
WILMINGTON – Federal and state regulators, as part of a cease-and-desist order, have ordered Cooperative Bank of Wilmington to write a new compensation plan for directors and key managers, making sure the numbers are in line with other banks of similar size. -
Bank of the West lays off commercial real estate lenders
Posted: May 17th, 2009, 11:00pm EDT
Bank of the West laid off its only two Kansas City-area employees handling commercial real estate lending as part of a plan to cut 300 to 400 jobs throughout the bank’s 19-state region. -
Banks stash lots of cash in reserves, sink Q1 earnings
Posted: May 17th, 2009, 11:00pm EDT
First-quarter earnings for local banks ranged from paltry to downright ugly as they put aside a huge amount of cash to protect against bad loans. -
Many local banks passing on chance for TARP funds
Posted: May 17th, 2009, 11:00pm EDT
While local community banks now have the opportunity to dip into Uncle Sam’s wallet for taxpayer capital, many of them will likely stay away from that option to boost capital. -
Hawaii bankers expect SBA loan volume to grow
Posted: May 17th, 2009, 11:00pm EDT
Local banks received multiple phone calls in March and April as customers inquired about the effect of the federal economic stimulus on loans backed by the U.S. Small Business Administration. -
Ditched developers fight banks
Posted: May 17th, 2009, 11:00pm EDT
Bankers have said for years their success hinges on carefully cultivated relationships with customers. More of those relationships, however, are turning acrid as the recession maims once-healthy companies and lenders stem losses. (MI) -
Lending goes through a ‘fundamental shift’
Posted: May 17th, 2009, 11:00pm EDT
Business borrowers hoping for credit markets to ease as stress tests results of the nation’s largest banks are released may have to keep waiting. -
Lenders take control of Braxton
Posted: May 17th, 2009, 11:00pm EDT
Banks have seized Cheatham County’s first and only waterfront luxury condo project. -
Workout loan biz takes off
Posted: May 17th, 2009, 11:00pm EDT
Ed Peterson remembers working through the Texas real estate crash in the late 1980s and early 1990s. That work kept the attorney busy halfway through the 1990s. -
Texan’s leadership helps American Momentum Bank plant roots here
Posted: May 17th, 2009, 11:00pm EDT
A bank led by the man who sold Citigroup his Texas operations five years ago has regained a toehold in the Metroplex and is active making real estate loans. -
Colorado bankers: We ARE lending, really
Posted: May 17th, 2009, 11:00pm EDT
Small business owners, strapped for working capital in a down economy, are frustrated when their banks cap credit lines or refuse to extend loans. -
Our share of stimulus
Posted: May 17th, 2009, 11:00pm EDT
With $787 billion in stimulus money coming to states and communities as part of the American Recovery and Reinvestment Act, the questions now are: How do you keep up with all of the cash? And how do you get some of it for your business? -
RealtyTrac: Colorado 9th in April foreclosures
Posted: May 12th, 2009, 11:54pm EDT
Colorado had the ninth-highest foreclosure rate in the nation in April, up from 10th in March, according to RealtyTrac Inc.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w2ri1w42weM:fnk5PPaRg3k:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w2ri1w42weM:fnk5PPaRg3k:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=w2ri1w42weM:fnk5PPaRg3k:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w2ri1w42weM:fnk5PPaRg3k:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=w2ri1w42weM:fnk5PPaRg3k:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w2ri1w42weM:fnk5PPaRg3k:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hawai foreclosures up 217% in April
Posted: May 12th, 2009, 11:00pm EDT
Hawaii foreclosures were up nearly 217 percent in April, compared to last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6jMwf1NB9TY:MilBpFsU0Uc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6jMwf1NB9TY:MilBpFsU0Uc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6jMwf1NB9TY:MilBpFsU0Uc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6jMwf1NB9TY:MilBpFsU0Uc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6jMwf1NB9TY:MilBpFsU0Uc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6jMwf1NB9TY:MilBpFsU0Uc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
National CineMedia income, revenue up in Q1
Posted: May 12th, 2009, 6:08pm EDT
National CineMedia Inc. revenue grew 17.2 percent during the first quarter of 2009 as the digital in-theater network flourished despite the downturn in advertising that has plagued other forms of media, company officials said Tuesday. (NCMI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8Cvdoktv6Q0:JyGwJJ6sMZc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8Cvdoktv6Q0:JyGwJJ6sMZc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8Cvdoktv6Q0:JyGwJJ6sMZc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8Cvdoktv6Q0:JyGwJJ6sMZc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8Cvdoktv6Q0:JyGwJJ6sMZc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8Cvdoktv6Q0:JyGwJJ6sMZc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankUnited could use $1 billion
Posted: May 12th, 2009, 5:51pm EDT
The capital hole for Florida’s largest bank keeps growing deeper as it searches for a buyer or investor. (BKUNA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W_yQ_IXfJg8:_PJ2LYlfOhw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W_yQ_IXfJg8:_PJ2LYlfOhw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=W_yQ_IXfJg8:_PJ2LYlfOhw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W_yQ_IXfJg8:_PJ2LYlfOhw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=W_yQ_IXfJg8:_PJ2LYlfOhw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W_yQ_IXfJg8:_PJ2LYlfOhw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
St. Louis median home price falls
Posted: May 12th, 2009, 5:51pm EDT
The median price of an existing single-family home in the St. Louis metropolitan statistical area was $100,900 in the first quarter, down 12.6 percent from $113,700 in the fourth quarter and down 16.9 percent from $121,400 in the first quarter of 2008, the National Association of Realtors said Tuesday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5IxWQSmHYnU:nF__CrowruM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5IxWQSmHYnU:nF__CrowruM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5IxWQSmHYnU:nF__CrowruM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5IxWQSmHYnU:nF__CrowruM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5IxWQSmHYnU:nF__CrowruM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5IxWQSmHYnU:nF__CrowruM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Invest in Missouri bills head to governor
Posted: May 12th, 2009, 4:33pm EDT
Bills that would reform both Missouri’s linked-deposit program and the interest rate the state collects on general time deposits at community banks are heading to Gov. Jay Nixon’s desk for signature into law after being passed unanimously in both the state House and Senate. The legislation, known as Invest in Missouri, has been spearheaded by Treasurer Clint Zweifel since February.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a5YhxvoL40A:m9CAdeUvW_A:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a5YhxvoL40A:m9CAdeUvW_A:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a5YhxvoL40A:m9CAdeUvW_A:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a5YhxvoL40A:m9CAdeUvW_A:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a5YhxvoL40A:m9CAdeUvW_A:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a5YhxvoL40A:m9CAdeUvW_A:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stanford investment officer indicted
Posted: May 12th, 2009, 3:48pm EDT
Laura Pendergest-Holt, the former 35-year-old chief investment officer who ended up in the middle of a major Securities and Exchange Commission probe of Stanford Financial Group, has been indicted in Houston.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ItGvsCvn8Zg:8AEUA2CSmsY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ItGvsCvn8Zg:8AEUA2CSmsY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ItGvsCvn8Zg:8AEUA2CSmsY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ItGvsCvn8Zg:8AEUA2CSmsY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ItGvsCvn8Zg:8AEUA2CSmsY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ItGvsCvn8Zg:8AEUA2CSmsY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Software firm OATI buys Honeywell site in Northeast Minneapolis
Posted: May 12th, 2009, 2:45pm EDT
Open Access Technology International Inc. (OATI), a firm that makes software for energy companies, has bought a 22-acre property in Northeast Minneapolis where it plans to open a data center and other operations.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YU7e8idBsBg:WHTCsLKuSOQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YU7e8idBsBg:WHTCsLKuSOQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YU7e8idBsBg:WHTCsLKuSOQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YU7e8idBsBg:WHTCsLKuSOQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YU7e8idBsBg:WHTCsLKuSOQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YU7e8idBsBg:WHTCsLKuSOQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Study shows discrepancies in IRS business audits
Posted: May 12th, 2009, 2:44pm EDT
Only 15 percent of financial services companies with over $250 million in assets were audited by the Internal Revenue Service in 2008, compared with 64 percent of large companies in other sectors, according to the Transactional Records Access Clearinghouse at Syracuse University.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8FuUYfTuT5A:8qbfHo6MABM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8FuUYfTuT5A:8qbfHo6MABM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8FuUYfTuT5A:8qbfHo6MABM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8FuUYfTuT5A:8qbfHo6MABM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8FuUYfTuT5A:8qbfHo6MABM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8FuUYfTuT5A:8qbfHo6MABM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fitch assigns ‘A+’ rating to Memphis’ upcoming bond issue
Posted: May 12th, 2009, 2:14pm EDT
Fitch Ratings has given strong ratings to several upcoming Memphis bond issues while recognizing that the ongoing lawsuit with Memphis City Schools and other economic issues could affect those ratings.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rskTIXORRDE:GnBBG59JwpE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rskTIXORRDE:GnBBG59JwpE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rskTIXORRDE:GnBBG59JwpE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rskTIXORRDE:GnBBG59JwpE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rskTIXORRDE:GnBBG59JwpE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rskTIXORRDE:GnBBG59JwpE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Yadkin Valley reports first-quarter loss
Posted: May 12th, 2009, 2:00pm EDT
Yadkin Valley Financial Corp. on Tuesday reported a first-quarter net loss of $4.6 million, or 40 cents per share, compared to a profit of $2.9 million, or 27 cents per share, during the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_3hdeoT4FcY:nbLN3s5Yhgc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_3hdeoT4FcY:nbLN3s5Yhgc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_3hdeoT4FcY:nbLN3s5Yhgc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_3hdeoT4FcY:nbLN3s5Yhgc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_3hdeoT4FcY:nbLN3s5Yhgc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_3hdeoT4FcY:nbLN3s5Yhgc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Provident Bank lost $67.2M in first quarter 2009
Posted: May 12th, 2009, 1:56pm EDT
Provident Bankshares Corp., in one of its last quarterly earnings reports as an independent company, reported that it lost $67.2 million in the first three months of 2009, the company said in a filing Monday with the Securities and Exchange Commission. (PBKS) (MTB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_aAth4xdPWI:dwg-pAcCU1A:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_aAth4xdPWI:dwg-pAcCU1A:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_aAth4xdPWI:dwg-pAcCU1A:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_aAth4xdPWI:dwg-pAcCU1A:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_aAth4xdPWI:dwg-pAcCU1A:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_aAth4xdPWI:dwg-pAcCU1A:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Great Plains Energy will offer $400M in equity, common stock
Posted: May 12th, 2009, 1:53pm EDT
Great Plains Energy Inc. plans a public offering of about $400 million of securities to pay down debt and supply capital to its Kansas City Power amp; Light Co. and KCPamp;L Greater Missouri Operations Co. subsidiaries. (GXP)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PcIfyZYV5mE:3jqP3FCIePU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PcIfyZYV5mE:3jqP3FCIePU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PcIfyZYV5mE:3jqP3FCIePU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PcIfyZYV5mE:3jqP3FCIePU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PcIfyZYV5mE:3jqP3FCIePU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PcIfyZYV5mE:3jqP3FCIePU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sterling closes equity offering
Posted: May 12th, 2009, 1:02pm EDT
Hot on the heels of its decision to repay its financial injection from the federal government, Sterling Bancshares Inc. said Tuesday it has completed its share offering to raise capital for future growth. (SBIB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_2f8muHy0Qo:Nji3gZzqdMg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_2f8muHy0Qo:Nji3gZzqdMg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_2f8muHy0Qo:Nji3gZzqdMg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_2f8muHy0Qo:Nji3gZzqdMg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_2f8muHy0Qo:Nji3gZzqdMg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_2f8muHy0Qo:Nji3gZzqdMg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Health care investment firm launches in Hub
Posted: May 12th, 2009, 12:47pm EDT
Bio Equity Risk Management LLC, a boutique health care investment firm, announced its launch Tuesday. The company is headquartered in Boston.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r7WT-gaeMdk:nFPVV32J1hk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r7WT-gaeMdk:nFPVV32J1hk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=r7WT-gaeMdk:nFPVV32J1hk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r7WT-gaeMdk:nFPVV32J1hk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=r7WT-gaeMdk:nFPVV32J1hk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r7WT-gaeMdk:nFPVV32J1hk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
PremierWest’s losses continue
Posted: May 12th, 2009, 12:41pm EDT
PremierWest Bancorp. recorded a first-quarter loss, its second consecutive negative quarter, as it diverted cash away from profits in order to protect itself against potential future loan defaults. (PRWT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0iOW8eaM3Z0:SBX7PopC_NI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0iOW8eaM3Z0:SBX7PopC_NI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0iOW8eaM3Z0:SBX7PopC_NI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0iOW8eaM3Z0:SBX7PopC_NI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0iOW8eaM3Z0:SBX7PopC_NI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0iOW8eaM3Z0:SBX7PopC_NI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Waterstone CEO: Bad loans ‘a concern’
Posted: May 12th, 2009, 12:39pm EDT
Despite a worrisome increase in nonperforming real estate loans at Waterstone Financial Corp., the bank holding company’s executives are hopeful that the worst is over and financial results will begin improving, the company’s president and CEO said at the annual meeting Tuesday morning. (WSBF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kmK6W7LK3gI:liVnGsxXtxk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kmK6W7LK3gI:liVnGsxXtxk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kmK6W7LK3gI:liVnGsxXtxk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kmK6W7LK3gI:liVnGsxXtxk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kmK6W7LK3gI:liVnGsxXtxk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kmK6W7LK3gI:liVnGsxXtxk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cell Therapeutics sells $20M in stock, warrants
Posted: May 12th, 2009, 12:27pm EDT
Seattle biotechnology company Cell Therapeutics Inc. said Monday it sold $20 million of common stock and warrants to a single institutional investor. (CTIC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e6xLqxd6T14:c7TfYJwtSQk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e6xLqxd6T14:c7TfYJwtSQk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=e6xLqxd6T14:c7TfYJwtSQk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e6xLqxd6T14:c7TfYJwtSQk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=e6xLqxd6T14:c7TfYJwtSQk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e6xLqxd6T14:c7TfYJwtSQk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sprint shareholders approve right to call special meetings
Posted: May 12th, 2009, 12:19pm EDT
Sprint Nextel Corp. shareholders approved most company recommendations by wide margins Tuesday at the company’s annual meeting. (S)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M-b-ktwsb9c:WqByhP_fQxw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M-b-ktwsb9c:WqByhP_fQxw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M-b-ktwsb9c:WqByhP_fQxw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M-b-ktwsb9c:WqByhP_fQxw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M-b-ktwsb9c:WqByhP_fQxw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M-b-ktwsb9c:WqByhP_fQxw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Premier West posts loss as it bulks reserves
Posted: May 12th, 2009, 12:01pm EDT
PremierWest Bancorp posted a $4 million loss in the first quarter, down from earnings of $1.7 million in the same period in 2008.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:8A4SBYGS9FM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:8A4SBYGS9FM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rH8zlsk_Nlo:8A4SBYGS9FM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:8A4SBYGS9FM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rH8zlsk_Nlo:8A4SBYGS9FM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:8A4SBYGS9FM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
PremierWest posts loss as it bulks reserves
Posted: May 12th, 2009, 12:01pm EDT
PremierWest Bancorp posted a $4 million loss in the first quarter, down from earnings of $1.7 million in the same period in 2008.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:LnrKSLB0l8E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:LnrKSLB0l8E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rH8zlsk_Nlo:LnrKSLB0l8E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:LnrKSLB0l8E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rH8zlsk_Nlo:LnrKSLB0l8E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rH8zlsk_Nlo:LnrKSLB0l8E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Allete names new president
Posted: May 12th, 2009, 11:56am EDT
The chief operating officer of Allete Inc.’s Minnesota Power division has been promoted to president. (ALE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBWN-lJ6S4:7YGRECvLUNU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBWN-lJ6S4:7YGRECvLUNU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GXBWN-lJ6S4:7YGRECvLUNU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBWN-lJ6S4:7YGRECvLUNU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GXBWN-lJ6S4:7YGRECvLUNU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBWN-lJ6S4:7YGRECvLUNU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Annapolis Bancorp posts $450,000 loss
Posted: May 12th, 2009, 11:52am EDT
Annapolis Bancorp Inc. posted a net loss of $450,000 for the first quarter of 2009 as the parent company of BankAnnapolis boosted the amount of money set aside for non-performing loans. (ANNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XRXxG1_0zK4:gUlrYvGO-sc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XRXxG1_0zK4:gUlrYvGO-sc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XRXxG1_0zK4:gUlrYvGO-sc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XRXxG1_0zK4:gUlrYvGO-sc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XRXxG1_0zK4:gUlrYvGO-sc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XRXxG1_0zK4:gUlrYvGO-sc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Markets lose ground Tuesday by noon
Posted: May 12th, 2009, 11:14am EDT
Wall Street weaved up and down in Tuesday morning trading. By noon, the Dow Jones Industrial Average was down 11.78 points or 0.14 percent to 8,406.99 while Nasdaq dropped 22.33 points or 1.29 percent to 1,708.91. (BK) (PNC) (AA) (AYE) (ATI) (AEO) (CNX) (DKS) (FII) (FNFG) (HNZ) (KMT) (KOP) (PPG) (X) (WAB) (WCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:oPlNxIvwOSM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:oPlNxIvwOSM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-flXacXq9rc:oPlNxIvwOSM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:oPlNxIvwOSM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-flXacXq9rc:oPlNxIvwOSM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:oPlNxIvwOSM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dow up, Nasdaq down at close in mixed Tuesday trading
Posted: May 12th, 2009, 11:14am EDT
Wall Street seesawed throughout Tuesday trading but by the end of the day, the Dow Jones Industrial Average was in positive territory. The Dow closed at 8,469.19, up 50.42 points or 0.60 percent. Nasdaq took a loss for the second straight day, albeit a slight one. The exchange dropped 15.32 points or 0.88 percent to 1,715.92. (WCC) (AA) (AYE) (ATI) (AEO) (BK) (CNX) (DKS) (FII) (FNFG) (HNZ) (KMT) (KOP) (PNC) (PPG) (X) (WAB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:Im-ttIEFQes:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:Im-ttIEFQes:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-flXacXq9rc:Im-ttIEFQes:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:Im-ttIEFQes:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-flXacXq9rc:Im-ttIEFQes:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-flXacXq9rc:Im-ttIEFQes:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report: BofA raises $7.3B from China Construction sale
Posted: May 12th, 2009, 11:10am EDT
Bank of America Corp. has raised $7.3 billion from the sale of a 5.7 percent stake in China Construction Bank Corp. to Asian investors, The Wall Street Journal reports, citing individuals familiar with the matter. (BAC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1Ia6iNejdg0:4RmcEMtA9ZA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1Ia6iNejdg0:4RmcEMtA9ZA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1Ia6iNejdg0:4RmcEMtA9ZA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1Ia6iNejdg0:4RmcEMtA9ZA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1Ia6iNejdg0:4RmcEMtA9ZA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1Ia6iNejdg0:4RmcEMtA9ZA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
NYBDC’s MacKrell named ‘champion’ by SBA
Posted: May 12th, 2009, 10:56am EDT
Patrick MacKrell, president and CEO of the New York Business Development Corp., has been named the 2009 U.S. Small Business Administration Financial Services Champion of the Year for SBA’s Region II and New York City District.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D5mZuJcKmeo:V6yYxqde4JI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D5mZuJcKmeo:V6yYxqde4JI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D5mZuJcKmeo:V6yYxqde4JI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D5mZuJcKmeo:V6yYxqde4JI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D5mZuJcKmeo:V6yYxqde4JI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D5mZuJcKmeo:V6yYxqde4JI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
MGP Ingredients plant sale struggles create ‘going concern’ fears
Posted: May 12th, 2009, 10:55am EDT
MGP Ingredients Inc.’s lenders are requiring it to obtain a commitment or agreement from a buyer to purchase its Pekin, Ill., plant or secure a commitment or agreement for a $25 million loan by July 17.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qgEi398g6gM:bEGcqrHrkSc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qgEi398g6gM:bEGcqrHrkSc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qgEi398g6gM:bEGcqrHrkSc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qgEi398g6gM:bEGcqrHrkSc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qgEi398g6gM:bEGcqrHrkSc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qgEi398g6gM:bEGcqrHrkSc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BNY Mellon raising $1.2 billion through public offering of shares
Posted: May 12th, 2009, 10:37am EDT
The Bank of New York Mellon Corp. said Tuesday it has raised $1.2 billion through a public offering of 42 million shares of its common stock at $28.75 per share. (BK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1cyKUPIClLo:CiRK8kAL5QE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1cyKUPIClLo:CiRK8kAL5QE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1cyKUPIClLo:CiRK8kAL5QE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1cyKUPIClLo:CiRK8kAL5QE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1cyKUPIClLo:CiRK8kAL5QE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1cyKUPIClLo:CiRK8kAL5QE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fifth Third likely to convert preferred shares
Posted: May 12th, 2009, 10:37am EDT
As other banks launch public stock offerings to raise capital, don’t hold your breath for a similar Fifth Third Bancorp offering. (FITB) (BAC) (KEY) (MS) (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zv9rFft7bVI:AN2yJbmitCs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zv9rFft7bVI:AN2yJbmitCs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Zv9rFft7bVI:AN2yJbmitCs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zv9rFft7bVI:AN2yJbmitCs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Zv9rFft7bVI:AN2yJbmitCs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zv9rFft7bVI:AN2yJbmitCs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Icahn: Biogen Idec should be split
Posted: May 12th, 2009, 10:04am EDT
Activist investor Carl Icahn is proposing that Biogen Idec’s board of directors split the company into two units, arguing that separate businesses would have enhanced value.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=usNMoJO1V44:XxbPwVWDxSk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=usNMoJO1V44:XxbPwVWDxSk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=usNMoJO1V44:XxbPwVWDxSk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=usNMoJO1V44:XxbPwVWDxSk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=usNMoJO1V44:XxbPwVWDxSk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=usNMoJO1V44:XxbPwVWDxSk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Bancorp prices stock offering
Posted: May 12th, 2009, 9:53am EDT
U.S. Bancorp on Tuesday said a public offering of 139 million shares will be priced at $18 per share. (USB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YmlcEE1i6lQ:_XteT5_fiHI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YmlcEE1i6lQ:_XteT5_fiHI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YmlcEE1i6lQ:_XteT5_fiHI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YmlcEE1i6lQ:_XteT5_fiHI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YmlcEE1i6lQ:_XteT5_fiHI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YmlcEE1i6lQ:_XteT5_fiHI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Security Bank now under regulatory oversight
Posted: May 12th, 2009, 9:44am EDT
Security Bank Corp., which has been under a cease and desist order from the FDIC and Georgia Department of Banking and Finance, is now under a regulatory oversight plan. (SBKC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ZeL0L9UF_70:KHDw1DpJCeo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ZeL0L9UF_70:KHDw1DpJCeo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ZeL0L9UF_70:KHDw1DpJCeo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ZeL0L9UF_70:KHDw1DpJCeo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ZeL0L9UF_70:KHDw1DpJCeo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ZeL0L9UF_70:KHDw1DpJCeo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Study: Most firms ready for storm season
Posted: May 12th, 2009, 9:26am EDT
With the beginning of the hurricane season only several weeks away, a recently released ATamp;T study reveals that nine in 10 businesses in Miami, Orlando and Tampa have business continuity plans in place. (T)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vwga9jzMdMo:F8R6HRbOCgs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vwga9jzMdMo:F8R6HRbOCgs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vwga9jzMdMo:F8R6HRbOCgs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vwga9jzMdMo:F8R6HRbOCgs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vwga9jzMdMo:F8R6HRbOCgs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vwga9jzMdMo:F8R6HRbOCgs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
LabCorp to redeem $369.1M in bonds
Posted: May 12th, 2009, 9:22am EDT
They say that during rough economic times, cash is king. Executives at Burlington-based Laboratory Corporation of America proved that point May 11 when the company announced that it would redeem $369.1 million of its zero coupon convertible bonds – about 50 percent of all its zero coupon bond debt. (LH)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aiJemxVdcKI:tuGBDp0dZ5I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aiJemxVdcKI:tuGBDp0dZ5I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aiJemxVdcKI:tuGBDp0dZ5I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aiJemxVdcKI:tuGBDp0dZ5I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aiJemxVdcKI:tuGBDp0dZ5I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aiJemxVdcKI:tuGBDp0dZ5I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
US Airways to get $234M from offering
Posted: May 12th, 2009, 8:56am EDT
US Airways Group Inc. says it expects to receive $234 million in net proceeds from its stock and convertible-note offering. (LCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=64XFYIyONjw:I7cDlJXCO4w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=64XFYIyONjw:I7cDlJXCO4w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=64XFYIyONjw:I7cDlJXCO4w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=64XFYIyONjw:I7cDlJXCO4w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=64XFYIyONjw:I7cDlJXCO4w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=64XFYIyONjw:I7cDlJXCO4w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
American Commercial Lines board approves reverse stock split
Posted: May 12th, 2009, 8:47am EDT
The board of directors of American Commercial Lines Inc. has approved a one-four-four reverse stock split that will take effect before the markets open on Tuesday, May 26. (ACLI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=11Q9rui1iDg:vA7c1cN3JJo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=11Q9rui1iDg:vA7c1cN3JJo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=11Q9rui1iDg:vA7c1cN3JJo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=11Q9rui1iDg:vA7c1cN3JJo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=11Q9rui1iDg:vA7c1cN3JJo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=11Q9rui1iDg:vA7c1cN3JJo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SCBT seeks to repay TARP funds
Posted: May 12th, 2009, 7:46am EDT
SCBT Financial Corp., parent company of North Carolina Bank amp; Trust, says it intends to redeem all the preferred shares it issued to the federal government under the Troubled Asset Relief Program. (SCBT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R3VBwov0WzQ:05VLX2_vRS4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R3VBwov0WzQ:05VLX2_vRS4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R3VBwov0WzQ:05VLX2_vRS4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R3VBwov0WzQ:05VLX2_vRS4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R3VBwov0WzQ:05VLX2_vRS4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R3VBwov0WzQ:05VLX2_vRS4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BNY Mellon plans stock offering to pay back TARP
Posted: May 12th, 2009, 7:05am EDT
The Bank of New York Mellon Corp. is planning a $1 billion public offering of its common stock and will use the proceeds toward paying off the U.S. Treasury Department’s $3.4 billion preferred stock investment through the Troubled Asset Relief Program’s Capital Purchase Program. (BK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vAmSb9VHdoQ:qFPfKw0q5UM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vAmSb9VHdoQ:qFPfKw0q5UM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vAmSb9VHdoQ:qFPfKw0q5UM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vAmSb9VHdoQ:qFPfKw0q5UM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vAmSb9VHdoQ:qFPfKw0q5UM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vAmSb9VHdoQ:qFPfKw0q5UM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Economy Watch: Coverage summary and resources
Posted: May 11th, 2009, 8:22pm EDT
The Phoenix Business Journal is focusing on the economy and federal stimulus efforts as Arizona companies work to get past the recession.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R8C5UEE6VGk:R42A7aicoGg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R8C5UEE6VGk:R42A7aicoGg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R8C5UEE6VGk:R42A7aicoGg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R8C5UEE6VGk:R42A7aicoGg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R8C5UEE6VGk:R42A7aicoGg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R8C5UEE6VGk:R42A7aicoGg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
JER Investors Trust reports losses
Posted: May 11th, 2009, 7:17pm EDT
JER Investors Trust Inc reported continuing losses in the first quarter and is discontinuing its quarterly dividend.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hZTysfXRhPM:9m_ZSOt_src:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hZTysfXRhPM:9m_ZSOt_src:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=hZTysfXRhPM:9m_ZSOt_src:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hZTysfXRhPM:9m_ZSOt_src:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=hZTysfXRhPM:9m_ZSOt_src:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hZTysfXRhPM:9m_ZSOt_src:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Abraxas earns first quarter net income
Posted: May 11th, 2009, 5:51pm EDT
subAbraxas Petroleum Corp. concluded the first quarter of 2009 with consolidated results in the black./sub (AXAS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kHTDJ1cuboA:RK8ObB4DN9Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kHTDJ1cuboA:RK8ObB4DN9Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kHTDJ1cuboA:RK8ObB4DN9Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kHTDJ1cuboA:RK8ObB4DN9Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kHTDJ1cuboA:RK8ObB4DN9Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kHTDJ1cuboA:RK8ObB4DN9Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wheeler named homeland security secretary
Posted: May 11th, 2009, 5:41pm EDT
Gov. Bill Richardson has appointed John Wheeler as secretary of the New Mexico Department of Homeland Security and Emergency Management.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PIQuT04TbOU:gZx79IQCiGQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PIQuT04TbOU:gZx79IQCiGQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PIQuT04TbOU:gZx79IQCiGQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PIQuT04TbOU:gZx79IQCiGQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PIQuT04TbOU:gZx79IQCiGQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PIQuT04TbOU:gZx79IQCiGQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Attorney John Yanchek sentenced for bank fraud, money laundering
Posted: May 11th, 2009, 5:37pm EDT
Sarasota attorney John Yanchek must forfeit $7.6 million and spend five years in prison for his role in conspiring to defraud banks, U.S. District Judge James D. Whittemore ruled Monday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Yivl_GVbTo:kQZvJ-R95qM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Yivl_GVbTo:kQZvJ-R95qM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Yivl_GVbTo:kQZvJ-R95qM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Yivl_GVbTo:kQZvJ-R95qM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Yivl_GVbTo:kQZvJ-R95qM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Yivl_GVbTo:kQZvJ-R95qM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
$2M fine in mortgage fraud case
Posted: May 11th, 2009, 5:26pm EDT
The Minnesota Department of Commerce on Monday said it revoked the mortgage originator license of Michael Prieskorn, fining him $2.2 million for his role in an alleged mortgage fraud scheme.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BEaGRP0qwS0:E7WzrLjIUSw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BEaGRP0qwS0:E7WzrLjIUSw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BEaGRP0qwS0:E7WzrLjIUSw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BEaGRP0qwS0:E7WzrLjIUSw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BEaGRP0qwS0:E7WzrLjIUSw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BEaGRP0qwS0:E7WzrLjIUSw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ford to sell 300 million shares to fund contribution to health care trust
Posted: May 11th, 2009, 5:25pm EDT
Ford Motor Co. will sell 300 million shares of its common stock to help it fund its contribution to the United Auto Workers’ Voluntary Employee Benefit Association retiree health care trust. (F)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nSw5j_LcpRY:BPoxIOjqoS0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nSw5j_LcpRY:BPoxIOjqoS0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nSw5j_LcpRY:BPoxIOjqoS0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nSw5j_LcpRY:BPoxIOjqoS0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nSw5j_LcpRY:BPoxIOjqoS0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nSw5j_LcpRY:BPoxIOjqoS0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Denver No. 27 on list of nation’s tech centers
Posted: May 11th, 2009, 5:17pm EDT
Denver ranks in 27th place on a list of the nation’s urban centers for technology compiled by bizjournals, the Denver Business Journal’s national online news affiliate.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tBCs3QiPGvM:YdoqsPLyR18:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tBCs3QiPGvM:YdoqsPLyR18:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tBCs3QiPGvM:YdoqsPLyR18:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tBCs3QiPGvM:YdoqsPLyR18:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tBCs3QiPGvM:YdoqsPLyR18:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tBCs3QiPGvM:YdoqsPLyR18:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ixia to buy Catapult for $105M
Posted: May 11th, 2009, 5:14pm EDT
Catapult Communications Corp. said Monday it agreed to be acquired by Ixia Inc. for $9.25 a share in cash, or about $105 million. (CATT) (XXIA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rJvSgSR1iNQ:GH84f2VJsyU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rJvSgSR1iNQ:GH84f2VJsyU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rJvSgSR1iNQ:GH84f2VJsyU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rJvSgSR1iNQ:GH84f2VJsyU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rJvSgSR1iNQ:GH84f2VJsyU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rJvSgSR1iNQ:GH84f2VJsyU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sumner County endorses three casino proposals
Posted: May 11th, 2009, 5:10pm EDT
The Sumner County Commission on Monday endorsed three casino proposals for the county — one near Wellington and two near Mulvane.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uAHSsDdCiio:fP5WGqy4VTg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uAHSsDdCiio:fP5WGqy4VTg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uAHSsDdCiio:fP5WGqy4VTg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uAHSsDdCiio:fP5WGqy4VTg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uAHSsDdCiio:fP5WGqy4VTg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uAHSsDdCiio:fP5WGqy4VTg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ford registers public offering of 300 million common shares
Posted: May 11th, 2009, 5:09pm EDT
Ford Motor Co. has registered a public offering of 300 million shares of its common stock. (F)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3a7GW1Skl4:TWuuqU0ryM8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3a7GW1Skl4:TWuuqU0ryM8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J3a7GW1Skl4:TWuuqU0ryM8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3a7GW1Skl4:TWuuqU0ryM8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J3a7GW1Skl4:TWuuqU0ryM8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3a7GW1Skl4:TWuuqU0ryM8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Minnesota Senate passes construction stimulus
Posted: May 11th, 2009, 5:08pm EDT
Minnesota legislators are advancing bills that would provide a much-needed boost to the state’s construction industry.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=84lfFel_RxE:SF4vQcZXz7E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=84lfFel_RxE:SF4vQcZXz7E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=84lfFel_RxE:SF4vQcZXz7E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=84lfFel_RxE:SF4vQcZXz7E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=84lfFel_RxE:SF4vQcZXz7E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=84lfFel_RxE:SF4vQcZXz7E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cadence Financial posts $17.6M loss
Posted: May 11th, 2009, 5:07pm EDT
Cadence Financial Corp. reported a net loss of $17.6 million in the quarter ended March 31, compared to net income of $2.8 million in the year-ago quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BAQ7EcKzbN8:G-pUM2qTYbE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BAQ7EcKzbN8:G-pUM2qTYbE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BAQ7EcKzbN8:G-pUM2qTYbE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BAQ7EcKzbN8:G-pUM2qTYbE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BAQ7EcKzbN8:G-pUM2qTYbE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BAQ7EcKzbN8:G-pUM2qTYbE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Churchill Downs seeks to reduce racing dates
Posted: May 11th, 2009, 5:01pm EDT
Churchill Downs racetrack, which has experienced low horse count for some races and been forced to cancel others, will seek permission from the Kentucky Horse Racing Commission to shorten its current Spring Meet by seven days. (CHDN)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=h8078acDLno:fkn9dRFUUc8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=h8078acDLno:fkn9dRFUUc8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=h8078acDLno:fkn9dRFUUc8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=h8078acDLno:fkn9dRFUUc8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=h8078acDLno:fkn9dRFUUc8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=h8078acDLno:fkn9dRFUUc8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stifel profit falls
Posted: May 11th, 2009, 4:57pm EDT
Stifel Financial Corp. saw its first-quarter net income fall 8 percent to nearly $13.2 million from $14.3 million in last year’s quarter. (SF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gu6cd9YzjJA:2UVbd1z7MDg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gu6cd9YzjJA:2UVbd1z7MDg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gu6cd9YzjJA:2UVbd1z7MDg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gu6cd9YzjJA:2UVbd1z7MDg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gu6cd9YzjJA:2UVbd1z7MDg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gu6cd9YzjJA:2UVbd1z7MDg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mount Airy license office opens Tuesday
Posted: May 11th, 2009, 4:22pm EDT
The N.C. Department of Transportation announced a new license plate office will open in Mount Airy on Tuesday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Iru6D30X88E:wlrxXp9j38E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Iru6D30X88E:wlrxXp9j38E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Iru6D30X88E:wlrxXp9j38E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Iru6D30X88E:wlrxXp9j38E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Iru6D30X88E:wlrxXp9j38E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Iru6D30X88E:wlrxXp9j38E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
New CalPERS policy targets 'pay-to-play' transactions
Posted: May 11th, 2009, 4:20pm EDT
The board of directors of the the California Public Employees’ Retirement System on Monday ruled that its external managers must disclose fees and other information regarding the use of placement agents when investing CalPERS money.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cIja-fT9cIc:ocPHrCMY5lw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cIja-fT9cIc:ocPHrCMY5lw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cIja-fT9cIc:ocPHrCMY5lw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cIja-fT9cIc:ocPHrCMY5lw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cIja-fT9cIc:ocPHrCMY5lw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cIja-fT9cIc:ocPHrCMY5lw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Nonperforming loans pare United Western Bancorp profits
Posted: May 11th, 2009, 4:10pm EDT
United Western Bancorp earnings dipped slightly as the bank absorbed the impact of declining loan quality, officials said Monday. (UWBK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tZGRFCpogKo:ies4q16m4NY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tZGRFCpogKo:ies4q16m4NY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tZGRFCpogKo:ies4q16m4NY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tZGRFCpogKo:ies4q16m4NY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tZGRFCpogKo:ies4q16m4NY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tZGRFCpogKo:ies4q16m4NY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Vétoquinol to open Fort Worth headquarters
Posted: May 11th, 2009, 2:58pm EDT
Animal health products company Vétoquinol USA will celebrate the opening of its new U.S. headquarters in Fort Worth this week.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NQlOuQWvyDw:P1UalqZ087g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NQlOuQWvyDw:P1UalqZ087g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NQlOuQWvyDw:P1UalqZ087g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NQlOuQWvyDw:P1UalqZ087g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NQlOuQWvyDw:P1UalqZ087g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NQlOuQWvyDw:P1UalqZ087g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Bank, Capital One plan stock sale to repay TARP
Posted: May 11th, 2009, 2:56pm EDT
U.S. Bancorp. and Capital One Financial Corp. are offering common stock to help repay government bailout money. (USB) (COF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5Zy3BDAvMLU:zCFeMCskSIM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5Zy3BDAvMLU:zCFeMCskSIM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5Zy3BDAvMLU:zCFeMCskSIM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5Zy3BDAvMLU:zCFeMCskSIM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5Zy3BDAvMLU:zCFeMCskSIM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5Zy3BDAvMLU:zCFeMCskSIM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Microsoft prepares debt offering
Posted: May 11th, 2009, 2:53pm EDT
Microsoft Corp., which has historically avoided borrowing money, on Monday took the next step in its previously announced plan to raise funds through a public debt offering. The company made the move in a href="http://www.sec.gov/Archives/edgar/data/789019/000119312509106307/d424b2.htm" target="_blank"a preliminary prospectus/a filed with the Securities and Exchange Commission.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WJoqFrX1qfM:RMoFVD7bBu4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WJoqFrX1qfM:RMoFVD7bBu4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=WJoqFrX1qfM:RMoFVD7bBu4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WJoqFrX1qfM:RMoFVD7bBu4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=WJoqFrX1qfM:RMoFVD7bBu4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WJoqFrX1qfM:RMoFVD7bBu4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BofA’s Lewis talks of succession plans
Posted: May 11th, 2009, 2:50pm EDT
a href="http://www.bizjournals.com/charlotte/gen/Bank_of_America_Corp._22E9AB29254A4BF98416ACF8BF2BC963.html"strongBank of America Corp./strong/a Chief Executive Kenneth Lewis told investors Monday the bank has several good candidates to take his job when he steps aside.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m_SGRaN4zL8:Wao_-zlqMGk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m_SGRaN4zL8:Wao_-zlqMGk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m_SGRaN4zL8:Wao_-zlqMGk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m_SGRaN4zL8:Wao_-zlqMGk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m_SGRaN4zL8:Wao_-zlqMGk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m_SGRaN4zL8:Wao_-zlqMGk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pension manager pleads guilty
Posted: May 11th, 2009, 2:49pm EDT
A former pension benefit manager for a Bridgeton union pleaded guilty to federal charges of embezzling money from the union, Acting U.S. Attorney Michael Reap said Monday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gYkU27vYAAs:WLrmm_EHSBQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gYkU27vYAAs:WLrmm_EHSBQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gYkU27vYAAs:WLrmm_EHSBQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gYkU27vYAAs:WLrmm_EHSBQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gYkU27vYAAs:WLrmm_EHSBQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gYkU27vYAAs:WLrmm_EHSBQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pepsico Bottling responds to Pepsi lawsuit
Posted: May 11th, 2009, 2:35pm EDT
PepsiCo Inc. has filed suit against The Pepsi Bottling Group Inc., not long after Pepsi Bottling Group Inc. issued a statement saying its board of directors has rejected a PepsiCo offer to purchase outstanding common shares in the company. (PAS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4o5QtHFfnOg:1kE-DX9IQMc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4o5QtHFfnOg:1kE-DX9IQMc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4o5QtHFfnOg:1kE-DX9IQMc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4o5QtHFfnOg:1kE-DX9IQMc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4o5QtHFfnOg:1kE-DX9IQMc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4o5QtHFfnOg:1kE-DX9IQMc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
GM compiles dealership closing list
Posted: May 11th, 2009, 2:21pm EDT
General Motors Corp. CEO Fritz Henderson said Monday that the automaker will begin late this week notifying dealers which ones it will close as it cuts its U.S. network by 50 percent. (GM)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=czIXRZLUGXI:SXsVlPSxpC0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=czIXRZLUGXI:SXsVlPSxpC0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=czIXRZLUGXI:SXsVlPSxpC0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=czIXRZLUGXI:SXsVlPSxpC0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=czIXRZLUGXI:SXsVlPSxpC0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=czIXRZLUGXI:SXsVlPSxpC0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BofA’s Lewis talks of succession plans
Posted: May 11th, 2009, 2:09pm EDT
Bank of America Corp. Chief Executive Kenneth Lewis told investors Monday the bank has several good candidates to take his job when he steps aside.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wn2WQ59chD0:I-DUq6erB3E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wn2WQ59chD0:I-DUq6erB3E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wn2WQ59chD0:I-DUq6erB3E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wn2WQ59chD0:I-DUq6erB3E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wn2WQ59chD0:I-DUq6erB3E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wn2WQ59chD0:I-DUq6erB3E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Emprise Bank lures three BofA executives
Posted: May 11th, 2009, 2:06pm EDT
Emprise Bank has hired three former Bank of America executives for its wealth management division.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qtrpBl0n3CU:Pwow8rNO35c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qtrpBl0n3CU:Pwow8rNO35c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qtrpBl0n3CU:Pwow8rNO35c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qtrpBl0n3CU:Pwow8rNO35c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qtrpBl0n3CU:Pwow8rNO35c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qtrpBl0n3CU:Pwow8rNO35c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
HSBC Bank parent sees tough year ahead
Posted: May 11th, 2009, 1:38pm EDT
HSBC Holdings Plc, Europe’s biggest bank and the parent of HSBC Bank USA N.A., said 2009 will be a “tough” year as bad loans increase and the economy deteriorates.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kQ59nO64WnM:a12h1Hf6xBA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kQ59nO64WnM:a12h1Hf6xBA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kQ59nO64WnM:a12h1Hf6xBA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kQ59nO64WnM:a12h1Hf6xBA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kQ59nO64WnM:a12h1Hf6xBA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kQ59nO64WnM:a12h1Hf6xBA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
HealthCentral teams with BreastCancer.org
Posted: May 11th, 2009, 1:34pm EDT
The HealthCentral Network Inc., which owns several illness and condition-specific Web sites and operates a related online advertising network, is working with BreastCancer.org to boost the nonprofit’s online revenue.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gfkLBMFn890:mcM91GxV4BM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gfkLBMFn890:mcM91GxV4BM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gfkLBMFn890:mcM91GxV4BM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gfkLBMFn890:mcM91GxV4BM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gfkLBMFn890:mcM91GxV4BM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gfkLBMFn890:mcM91GxV4BM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Waterstone posts $3.6 million loss
Posted: May 11th, 2009, 12:44pm EDT
Waterstone Financial Inc., the parent company of WaterStone Bank, said it posted a net loss of $3.6 million for the quarter ending March 31, compared with a net income of $609,000 during the same period a year earlier. (WSBF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dsfn48-9SrY:wsp7DBpcTl0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dsfn48-9SrY:wsp7DBpcTl0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dsfn48-9SrY:wsp7DBpcTl0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dsfn48-9SrY:wsp7DBpcTl0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dsfn48-9SrY:wsp7DBpcTl0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dsfn48-9SrY:wsp7DBpcTl0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
EveryZing raises $8.25M from NBC, VCs
Posted: May 11th, 2009, 12:07pm EDT
EveryZing Inc. has closed an $8.25 million Series C round of funding led by NBC Universal’s venture capital arm, the company announced Monday. (GE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dBZN6LHikAo:QxC0bNyRQn0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dBZN6LHikAo:QxC0bNyRQn0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dBZN6LHikAo:QxC0bNyRQn0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dBZN6LHikAo:QxC0bNyRQn0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dBZN6LHikAo:QxC0bNyRQn0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dBZN6LHikAo:QxC0bNyRQn0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
National Western Life posts higher Q1 profit
Posted: May 11th, 2009, 11:39am EDT
National Western Life Insurance Co.'s first-quarter earnings increased 4.2 percent despite difficult credit market conditions.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KGmpHpqtN_8:MUTSGHmD6Bc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KGmpHpqtN_8:MUTSGHmD6Bc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KGmpHpqtN_8:MUTSGHmD6Bc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KGmpHpqtN_8:MUTSGHmD6Bc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KGmpHpqtN_8:MUTSGHmD6Bc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KGmpHpqtN_8:MUTSGHmD6Bc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Berkshire Hills to raise $30M in offering
Posted: May 11th, 2009, 11:38am EDT
Berkshire Hills Bancorp, Inc. hopes to raise $30 million in a common stock offering.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H0G6ma3ToCE:aHOAWneL86g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H0G6ma3ToCE:aHOAWneL86g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=H0G6ma3ToCE:aHOAWneL86g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H0G6ma3ToCE:aHOAWneL86g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=H0G6ma3ToCE:aHOAWneL86g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H0G6ma3ToCE:aHOAWneL86g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Clear Channel parent posts 1Q loss on revenue decline
Posted: May 11th, 2009, 11:23am EDT
The parent of media giant Clear Channel Communications Inc. on Monday posted a double-digit percentage drop in first-quarter revenue that led to a more than $400 million loss. (CCO)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4qoK8qSQQEw:eT-02OyjyLI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4qoK8qSQQEw:eT-02OyjyLI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4qoK8qSQQEw:eT-02OyjyLI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4qoK8qSQQEw:eT-02OyjyLI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4qoK8qSQQEw:eT-02OyjyLI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4qoK8qSQQEw:eT-02OyjyLI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stifel buying 55 UBS branches
Posted: May 11th, 2009, 11:19am EDT
Stifel Financial Corp. confirmed Monday that it expects its principal operating subsidiary, Stifel, Nicolaus amp; Co. Inc., will acquire 55 branches from the UBS Wealth Management Americas network. (SF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6QdhZnNRWM:IdGWVFVgvBI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6QdhZnNRWM:IdGWVFVgvBI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6QdhZnNRWM:IdGWVFVgvBI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6QdhZnNRWM:IdGWVFVgvBI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6QdhZnNRWM:IdGWVFVgvBI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6QdhZnNRWM:IdGWVFVgvBI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
ATT buying some Verizon assets
Posted: May 11th, 2009, 11:17am EDT
ATamp;T said Friday it will pay $2.35 billion in cash to buy wireless assets from Verizon Wireless in 18 states. (T) (VZ)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E9kOSmsw2gk:uYUATwIrQlA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E9kOSmsw2gk:uYUATwIrQlA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E9kOSmsw2gk:uYUATwIrQlA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E9kOSmsw2gk:uYUATwIrQlA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E9kOSmsw2gk:uYUATwIrQlA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E9kOSmsw2gk:uYUATwIrQlA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dow skids 155 points at Monday close
Posted: May 11th, 2009, 11:08am EDT
Wall Street started the week by losing ground. The Dow Jones Industrial Average skidded to 8,418.77, down 155.88 points or 1.82 percent. Nasdaq, which volleyed between mild gains and losses throughout the day’s trading, finished at 1,731.24, down 7.76 points or 0.45 percent. (PNC) (AA) (AYE) (ATI) (AEO) (BK) (CNX) (DKS) (FII) (FNFG) (HNZ) (KMT) (KOP) (PPG) (X) (WAB) (WCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TwBgOPMFbE4:edmNXKbR-jo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TwBgOPMFbE4:edmNXKbR-jo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TwBgOPMFbE4:edmNXKbR-jo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TwBgOPMFbE4:edmNXKbR-jo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TwBgOPMFbE4:edmNXKbR-jo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TwBgOPMFbE4:edmNXKbR-jo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Northwestern Mutual to hire 100 over 3 years
Posted: May 11th, 2009, 11:00am EDT
Northwestern Mutual-Louisville Inc. will hire 100 financial representatives, including about 25 office staff members over the next three years in Louisville and surrounding towns.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=d2_WXf9nW04:iuDXhyvSaFM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=d2_WXf9nW04:iuDXhyvSaFM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=d2_WXf9nW04:iuDXhyvSaFM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=d2_WXf9nW04:iuDXhyvSaFM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=d2_WXf9nW04:iuDXhyvSaFM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=d2_WXf9nW04:iuDXhyvSaFM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Onyx on the Bay units face foreclosure
Posted: May 11th, 2009, 10:57am EDT
The developer of the 28-story Onyx on the Bay in Miami faces foreclosure.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6fP7ctwnMg:b3d-gFgMLFA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6fP7ctwnMg:b3d-gFgMLFA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6fP7ctwnMg:b3d-gFgMLFA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6fP7ctwnMg:b3d-gFgMLFA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6fP7ctwnMg:b3d-gFgMLFA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6fP7ctwnMg:b3d-gFgMLFA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Baird hires analysts for 'clean tech' research
Posted: May 11th, 2009, 10:37am EDT
Robert W. Baird amp; Co. Inc. of Milwaukee said Monday that it has added several analysts and investment bankers who will form the core of a new research area that will focus on the "clean technology" sector.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MPIiPpQe_rk:iqFATEiJiXo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MPIiPpQe_rk:iqFATEiJiXo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MPIiPpQe_rk:iqFATEiJiXo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MPIiPpQe_rk:iqFATEiJiXo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MPIiPpQe_rk:iqFATEiJiXo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MPIiPpQe_rk:iqFATEiJiXo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Troubled Capmark Financial gets $1.5B loan
Posted: May 11th, 2009, 10:33am EDT
Capmark Financial Group, which is trying to stave off a bankruptcy filing, said late Friday that it obtained a loan of up to $1.5 billion from lenders it did not identify.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=32nijGYidSc:rxW0ig5hGug:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=32nijGYidSc:rxW0ig5hGug:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=32nijGYidSc:rxW0ig5hGug:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=32nijGYidSc:rxW0ig5hGug:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=32nijGYidSc:rxW0ig5hGug:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=32nijGYidSc:rxW0ig5hGug:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Two join Fifth Third Greater Cincinnati board
Posted: May 11th, 2009, 10:03am EDT
Dayton-area executives Dan Sadlier and Mimi Crawford have joined Fifth Third Bank, Greater Cincinnati’s board of directors, the bank said Monday. (FITB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4oR7gjjtYKU:bnezMKHxhhE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4oR7gjjtYKU:bnezMKHxhhE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4oR7gjjtYKU:bnezMKHxhhE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4oR7gjjtYKU:bnezMKHxhhE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4oR7gjjtYKU:bnezMKHxhhE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4oR7gjjtYKU:bnezMKHxhhE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Bancorp announces $2.5B stock offering to pay back government
Posted: May 11th, 2009, 9:59am EDT
U.S. Bancorp has commenced a public stock offering to help it pay back government bailout money. (USB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PNid51pWA54:PUqBVbZvr5I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PNid51pWA54:PUqBVbZvr5I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PNid51pWA54:PUqBVbZvr5I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PNid51pWA54:PUqBVbZvr5I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PNid51pWA54:PUqBVbZvr5I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PNid51pWA54:PUqBVbZvr5I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Beleaguered Irwin Financial has $94 million 1Q loss
Posted: May 11th, 2009, 9:54am EDT
Irwin Financial Corp., parent company of Irwin Union Bank, reported a $94 million first-quarter loss on the heels of a $104 million loss in the fourth quarter of 2008. (IFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EtdLPAgB4oc:gZhZX4Rf-ps:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EtdLPAgB4oc:gZhZX4Rf-ps:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EtdLPAgB4oc:gZhZX4Rf-ps:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EtdLPAgB4oc:gZhZX4Rf-ps:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EtdLPAgB4oc:gZhZX4Rf-ps:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EtdLPAgB4oc:gZhZX4Rf-ps:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Bancorp begins stock sale, plans TARP repayment
Posted: May 11th, 2009, 9:45am EDT
U.S. Bancorp on Monday began a $2.5 billion stock sale and told investors it intends to pay back the federal government’s $6.6 billion bailout under the Capital Purchase Program. (MS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNlyENDKiz4:FV4FMCTv-Dc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNlyENDKiz4:FV4FMCTv-Dc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VNlyENDKiz4:FV4FMCTv-Dc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNlyENDKiz4:FV4FMCTv-Dc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VNlyENDKiz4:FV4FMCTv-Dc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNlyENDKiz4:FV4FMCTv-Dc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Spectra shareholders OK board change
Posted: May 11th, 2009, 9:45am EDT
Spectra Energy Corp. shareholders have approved an amendment to declassify the company’s board of directors. (SE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NYvDKoqz6bM:snQhSFxw640:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NYvDKoqz6bM:snQhSFxw640:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NYvDKoqz6bM:snQhSFxw640:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NYvDKoqz6bM:snQhSFxw640:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NYvDKoqz6bM:snQhSFxw640:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NYvDKoqz6bM:snQhSFxw640:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BBT will sell shares to repay TARP
Posted: May 11th, 2009, 8:43am EDT
BBamp;T Corp. on Monday said it will sell $1.5 billion in common stock to help repay equity purchased by the federal government through the U.S. Treasury’s Capital Purchase Plan.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MKqdaW4b_UY:UBAonD_jaOQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MKqdaW4b_UY:UBAonD_jaOQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MKqdaW4b_UY:UBAonD_jaOQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MKqdaW4b_UY:UBAonD_jaOQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MKqdaW4b_UY:UBAonD_jaOQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MKqdaW4b_UY:UBAonD_jaOQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
KeyCorp, U.S. Bancorp set stock offerings
Posted: May 11th, 2009, 8:42am EDT
KeyCorp and U.S. Bancorp on Monday announced common stock offerings on the heels of the Treasury Department's stress test results. (USB) (KEY)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ybe9bv-G7lg:SCW7-h5zuFU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ybe9bv-G7lg:SCW7-h5zuFU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ybe9bv-G7lg:SCW7-h5zuFU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ybe9bv-G7lg:SCW7-h5zuFU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ybe9bv-G7lg:SCW7-h5zuFU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ybe9bv-G7lg:SCW7-h5zuFU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
KeyCorp to raise $750M through stock sale
Posted: May 11th, 2009, 8:28am EDT
KeyCorp plans to raise up to $750 million through the sale of common stock. (KEY)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KXz9XvImBVc:PhuLkJ77gLE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KXz9XvImBVc:PhuLkJ77gLE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KXz9XvImBVc:PhuLkJ77gLE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KXz9XvImBVc:PhuLkJ77gLE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KXz9XvImBVc:PhuLkJ77gLE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KXz9XvImBVc:PhuLkJ77gLE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Corcept Therapeutics posts $5.5M Q1 loss
Posted: May 11th, 2009, 8:27am EDT
Corcept Therapeutics Inc. on Monday reported a first quarter loss of $5.5 million, or 11 cents a share, widened from a loss in the same period last year of $3.9 million, or 10 cents a share. (CORT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kOYikoX4gck:z-2m1CBiqaU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kOYikoX4gck:z-2m1CBiqaU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kOYikoX4gck:z-2m1CBiqaU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kOYikoX4gck:z-2m1CBiqaU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kOYikoX4gck:z-2m1CBiqaU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kOYikoX4gck:z-2m1CBiqaU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Berkshire Hills weighing acqusitions
Posted: May 11th, 2009, 7:46am EDT
Berkshire Hills Bancorp Inc. (Nasdaq: BHLB) on Monday announced a common stock offering worth about $30 million as the bank considers a range of options that include making more acquisitions.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GNy-8aYRa9M:-UDGQVNzXoY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GNy-8aYRa9M:-UDGQVNzXoY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GNy-8aYRa9M:-UDGQVNzXoY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GNy-8aYRa9M:-UDGQVNzXoY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GNy-8aYRa9M:-UDGQVNzXoY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GNy-8aYRa9M:-UDGQVNzXoY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Capital One plans stock sale to repay TARP
Posted: May 11th, 2009, 7:29am EDT
Capital One Financial Corp., which just passed the government’s bank stress test, is launching a common stock sale to be free of Uncle Sam’s investment. (COF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nWagBOqltRI:1l9ZiQFK3O8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nWagBOqltRI:1l9ZiQFK3O8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nWagBOqltRI:1l9ZiQFK3O8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nWagBOqltRI:1l9ZiQFK3O8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nWagBOqltRI:1l9ZiQFK3O8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nWagBOqltRI:1l9ZiQFK3O8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Puget Sound Bank’s focus makes it a profit poster child
Posted: May 10th, 2009, 11:00pm EDT
Jim Mitchell should be the smuggest guy in Washington — at least among bank chief executives.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D32tfRhtcUY:YdZPWAva69c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D32tfRhtcUY:YdZPWAva69c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D32tfRhtcUY:YdZPWAva69c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D32tfRhtcUY:YdZPWAva69c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D32tfRhtcUY:YdZPWAva69c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D32tfRhtcUY:YdZPWAva69c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
San Antonio remains in venture-capital doldrums, new report shows
Posted: May 10th, 2009, 11:00pm EDT
San Antonio registered a goose egg in the first quarter of this year on the venture-capital front, according to the recently released MoneyTree Survey.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fvEsOVM9EAI:aXRvTuVuc9w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fvEsOVM9EAI:aXRvTuVuc9w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fvEsOVM9EAI:aXRvTuVuc9w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fvEsOVM9EAI:aXRvTuVuc9w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fvEsOVM9EAI:aXRvTuVuc9w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fvEsOVM9EAI:aXRvTuVuc9w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Who gets the credit?
Posted: May 10th, 2009, 11:00pm EDT
Bruce Levinsky worked with 15 banks to finance office and residential developments over the past 18 years.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xxgc2wANCSw:e0uDPTmKODU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xxgc2wANCSw:e0uDPTmKODU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xxgc2wANCSw:e0uDPTmKODU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xxgc2wANCSw:e0uDPTmKODU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xxgc2wANCSw:e0uDPTmKODU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xxgc2wANCSw:e0uDPTmKODU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Rensselaer banks on financial-sector recovery, need for next wave of risk analysts
Posted: May 10th, 2009, 11:00pm EDT
A hockey scholarship brought defenseman Reed Kipp from Canada to Rensselaer Polytechnic Institute in Troy.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fgWRkH0wOXE:W57P72ySyLI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fgWRkH0wOXE:W57P72ySyLI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fgWRkH0wOXE:W57P72ySyLI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fgWRkH0wOXE:W57P72ySyLI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fgWRkH0wOXE:W57P72ySyLI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fgWRkH0wOXE:W57P72ySyLI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Local banks’ Q1 earnings trending positive
Posted: May 10th, 2009, 11:00pm EDT
The first quarter earnings for the largest South Florida-chartered banks are trending positive so far, according to their financial filings with regulators.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DqdTn-1guY0:njVwuQhtT90:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DqdTn-1guY0:njVwuQhtT90:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DqdTn-1guY0:njVwuQhtT90:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DqdTn-1guY0:njVwuQhtT90:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DqdTn-1guY0:njVwuQhtT90:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DqdTn-1guY0:njVwuQhtT90:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Creditors in TOUSA and Puig bankruptcies target lenders
Posted: May 10th, 2009, 11:00pm EDT
Creditors in two of South Florida’s larger real estate bankruptcies are pinning their hopes for recovery by suing a who’s who of Wall Street lenders in one case and one of South Florida’s biggest banks in another.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o5fCFV7Ycys:MQhhOv6xynw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o5fCFV7Ycys:MQhhOv6xynw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=o5fCFV7Ycys:MQhhOv6xynw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o5fCFV7Ycys:MQhhOv6xynw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=o5fCFV7Ycys:MQhhOv6xynw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o5fCFV7Ycys:MQhhOv6xynw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bankers have moved away from commercial real estate loans
Posted: May 10th, 2009, 11:00pm EDT
JACKSONVILLE — It could be two years before there’s an upswing in commercial real estate lending, local bankers say. So they have turned their attention to more attractive sweet spots — borrowers with money and a building that can serve as collateral.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bgYLM7E-tqE:lr8sokUz_38:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bgYLM7E-tqE:lr8sokUz_38:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bgYLM7E-tqE:lr8sokUz_38:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bgYLM7E-tqE:lr8sokUz_38:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bgYLM7E-tqE:lr8sokUz_38:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bgYLM7E-tqE:lr8sokUz_38:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Financial firms bulk up as investors seek new advisers
Posted: May 10th, 2009, 11:00pm EDT
Last fall, Halliday Financial Group doubled the size of its office in the Corporate Woods office park.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0GTOPlDSzKw:JFfY3qggCqM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0GTOPlDSzKw:JFfY3qggCqM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0GTOPlDSzKw:JFfY3qggCqM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0GTOPlDSzKw:JFfY3qggCqM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0GTOPlDSzKw:JFfY3qggCqM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0GTOPlDSzKw:JFfY3qggCqM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Tax incentives and loans from stimulus to benefit small biz
Posted: May 10th, 2009, 11:00pm EDT
JACKSONVILLE — Small businesses holding on in this inclement economic climate can get help weathering the storm from loans through the federal stimulus package.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z8SG3DNvOEw:FshmaGldJ4c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z8SG3DNvOEw:FshmaGldJ4c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z8SG3DNvOEw:FshmaGldJ4c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z8SG3DNvOEw:FshmaGldJ4c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z8SG3DNvOEw:FshmaGldJ4c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z8SG3DNvOEw:FshmaGldJ4c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Silverton failure helps Texas bank
Posted: May 10th, 2009, 11:00pm EDT
Dallas-based The Independent BankersBank has been handed a golden opportunity in the wake of Silverton Bank’s failure.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rWcnvkmThOs:DDEPUCYexHE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rWcnvkmThOs:DDEPUCYexHE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rWcnvkmThOs:DDEPUCYexHE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rWcnvkmThOs:DDEPUCYexHE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rWcnvkmThOs:DDEPUCYexHE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rWcnvkmThOs:DDEPUCYexHE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
7.4% of Ga. banks’ loans delinquent
Posted: May 10th, 2009, 11:00pm EDT
Credit problems at Georgia banks increased 10 percent during the first quarter of 2009, the slowest rate since the banking crisis began in late 2007, according to new regulatory data.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=29KARgaxXRU:WeyHi_kkeAU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=29KARgaxXRU:WeyHi_kkeAU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=29KARgaxXRU:WeyHi_kkeAU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=29KARgaxXRU:WeyHi_kkeAU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=29KARgaxXRU:WeyHi_kkeAU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=29KARgaxXRU:WeyHi_kkeAU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mortgage firm hurt as bank fails
Posted: May 10th, 2009, 11:00pm EDT
Josh Moffitt has spent a week keeping his company’s name out of the mud.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iMUZE2lcTwY:nwNKkfpKuWQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iMUZE2lcTwY:nwNKkfpKuWQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iMUZE2lcTwY:nwNKkfpKuWQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iMUZE2lcTwY:nwNKkfpKuWQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iMUZE2lcTwY:nwNKkfpKuWQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iMUZE2lcTwY:nwNKkfpKuWQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stimulus gives SBA loans a boost
Posted: May 10th, 2009, 11:00pm EDT
While much of the $787 billion federal economic stimulus package is flowing to education, health care and infrastructure, there’s still room for entrepreneurs like Masha Hleap-Hershkovitz.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o0N34ICQ2rI:5QFPdTtIdzQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o0N34ICQ2rI:5QFPdTtIdzQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=o0N34ICQ2rI:5QFPdTtIdzQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o0N34ICQ2rI:5QFPdTtIdzQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=o0N34ICQ2rI:5QFPdTtIdzQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=o0N34ICQ2rI:5QFPdTtIdzQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Retail loans may be biggest threat to local banks’ commercial industrial portfolios
Posted: May 10th, 2009, 11:00pm EDT
With the banking industry still hobbling on one foot following the collapse of the residential mortgage market, it now is worried about the security of that second shoe — commercial lending.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0Sk8FMGX0j8:JHOXw1WoCzc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0Sk8FMGX0j8:JHOXw1WoCzc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0Sk8FMGX0j8:JHOXw1WoCzc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0Sk8FMGX0j8:JHOXw1WoCzc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0Sk8FMGX0j8:JHOXw1WoCzc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0Sk8FMGX0j8:JHOXw1WoCzc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Auto dealers applaud SBA loan expansion
Posted: May 10th, 2009, 11:00pm EDT
Automobile dealers and SBA lenders praised the Small Business Administration’s decision to make more businesses eligible for its government-guaranteed loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Nllu5EcsxRQ:0UlPYCI0ZQI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Nllu5EcsxRQ:0UlPYCI0ZQI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Nllu5EcsxRQ:0UlPYCI0ZQI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Nllu5EcsxRQ:0UlPYCI0ZQI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Nllu5EcsxRQ:0UlPYCI0ZQI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Nllu5EcsxRQ:0UlPYCI0ZQI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank’s formation hangs on decision from state agency
Posted: May 10th, 2009, 11:00pm EDT
Scottsdale Business Bank, which originally was scheduled to open in fourth-quarter 2008, filed an application this week with state regulators seeking an extension to raise capital. If the Arizona Department of Financial Institutions rejects the motion, it likely will shut down the third bank formation in the state since December.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i6eq9XSd_Mc:r5EdM1Mtdk8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i6eq9XSd_Mc:r5EdM1Mtdk8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=i6eq9XSd_Mc:r5EdM1Mtdk8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i6eq9XSd_Mc:r5EdM1Mtdk8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=i6eq9XSd_Mc:r5EdM1Mtdk8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i6eq9XSd_Mc:r5EdM1Mtdk8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Jackson bank slashes pay to preserve capital
Posted: May 10th, 2009, 11:00pm EDT
A Jackson-based bank is slashing certain pay for its executives and directors in an effort to preserve capital.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ry68Zmh-DJo:AMkPWn3iheI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ry68Zmh-DJo:AMkPWn3iheI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ry68Zmh-DJo:AMkPWn3iheI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ry68Zmh-DJo:AMkPWn3iheI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ry68Zmh-DJo:AMkPWn3iheI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ry68Zmh-DJo:AMkPWn3iheI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Firms blast tax hike on overseas earnings
Posted: May 10th, 2009, 11:00pm EDT
Business groups pounced on President Barack Obama’s proposal to increase taxes on companies with foreign operations, contending this would make U.S.-based multinationals less competitive against their global counterparts.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uITwA_b25Rk:NNVfpPhUZ0c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uITwA_b25Rk:NNVfpPhUZ0c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uITwA_b25Rk:NNVfpPhUZ0c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uITwA_b25Rk:NNVfpPhUZ0c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uITwA_b25Rk:NNVfpPhUZ0c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uITwA_b25Rk:NNVfpPhUZ0c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
FDIC putting new banks on ice?
Posted: May 10th, 2009, 11:00pm EDT
People with the nerve and enough cash to start a new bank in this recession are being thwarted by delays and scrutiny from federal regulators, causing many to withdraw applications for startup charters.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fwCk43NPjh8:m3JOWMVpQqw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fwCk43NPjh8:m3JOWMVpQqw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fwCk43NPjh8:m3JOWMVpQqw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fwCk43NPjh8:m3JOWMVpQqw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fwCk43NPjh8:m3JOWMVpQqw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fwCk43NPjh8:m3JOWMVpQqw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Some banks backing away from TARP funds
Posted: May 10th, 2009, 11:00pm EDT
As concerns intensify over government intervention and bad publicity, some Arizona banks are rejecting federal funds just months after applying for them.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cRn0TLHrFpo:gO5zSdDln5Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cRn0TLHrFpo:gO5zSdDln5Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cRn0TLHrFpo:gO5zSdDln5Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cRn0TLHrFpo:gO5zSdDln5Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cRn0TLHrFpo:gO5zSdDln5Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cRn0TLHrFpo:gO5zSdDln5Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Rising credit standards, slack loan demand block recovery for bankers
Posted: May 10th, 2009, 11:00pm EDT
For bankers, the road to economic recovery is blocked in both directions. Credit standards both for banks and their customers are rising while the demand for loans toward new business ventures is falling.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YDwgT4j6mys:lSrxUo7P2zE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YDwgT4j6mys:lSrxUo7P2zE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YDwgT4j6mys:lSrxUo7P2zE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YDwgT4j6mys:lSrxUo7P2zE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YDwgT4j6mys:lSrxUo7P2zE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YDwgT4j6mys:lSrxUo7P2zE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mergers and acquisitions drop more than 30 percent
Posted: May 10th, 2009, 11:00pm EDT
Vince Garozzo, a St. Louis mergers-and-acquisition lawyer, made a prediction in an interview early last year: If dark economic clouds continued to form, private equity funds and other financial buyers would exit the Mamp;A market, and only strategic buyers — companies adding to their core businesses — would remain.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NMajkxq6dUM:aZmwFtDQZzk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NMajkxq6dUM:aZmwFtDQZzk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NMajkxq6dUM:aZmwFtDQZzk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NMajkxq6dUM:aZmwFtDQZzk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NMajkxq6dUM:aZmwFtDQZzk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NMajkxq6dUM:aZmwFtDQZzk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Building loans slam United Commercial
Posted: May 10th, 2009, 11:00pm EDT
San Francisco-based UCBH Holdings, the once-high flying parent of United Commercial Bank, has hit the rocky shoals of bad residential construction loans in California, Nevada and Arizona.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Y8eCchrhL-4:7QFpWzJkv9Q:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Y8eCchrhL-4:7QFpWzJkv9Q:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Y8eCchrhL-4:7QFpWzJkv9Q:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Y8eCchrhL-4:7QFpWzJkv9Q:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Y8eCchrhL-4:7QFpWzJkv9Q:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Y8eCchrhL-4:7QFpWzJkv9Q:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Georgetown lands $15.5M investment
Posted: May 10th, 2009, 11:00pm EDT
Last fall, Bank of Georgetown CEO Michael Fitzgerald said his bank was considering raising its third round of capital to support anticipated growth — an almost unthinkable challenge at that time. Now that consideration is paying off.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sSh4ExYrqc8:7h1U6ZY548Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sSh4ExYrqc8:7h1U6ZY548Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sSh4ExYrqc8:7h1U6ZY548Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sSh4ExYrqc8:7h1U6ZY548Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sSh4ExYrqc8:7h1U6ZY548Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sSh4ExYrqc8:7h1U6ZY548Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Business groups divided over federal credit card legislation
Posted: May 10th, 2009, 11:00pm EDT
Small business owners like Doris McMillon welcome legislation that would restrict the ability of credit card companies to raise interest rates on existing balances.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8qHpSyGfB00:zeT-igC6rNA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8qHpSyGfB00:zeT-igC6rNA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8qHpSyGfB00:zeT-igC6rNA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8qHpSyGfB00:zeT-igC6rNA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8qHpSyGfB00:zeT-igC6rNA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8qHpSyGfB00:zeT-igC6rNA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
MN SBA loans jump as stimulus takes effect
Posted: May 10th, 2009, 11:00pm EDT
The credit freeze is thawing and the stimulus package is working.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uplPNYDK4cc:S4G6Hnn9o2o:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uplPNYDK4cc:S4G6Hnn9o2o:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uplPNYDK4cc:S4G6Hnn9o2o:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uplPNYDK4cc:S4G6Hnn9o2o:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uplPNYDK4cc:S4G6Hnn9o2o:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uplPNYDK4cc:S4G6Hnn9o2o:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Credit union to expand focus, and reach, under new moniker
Posted: May 10th, 2009, 11:00pm EDT
Teacher Federal Credit Union of Minnesota plans to build three full-service branches in the coming year, including a location opening next month in Maple Grove.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Vl12hvDj0U:pgrWt5SvFqA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Vl12hvDj0U:pgrWt5SvFqA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6Vl12hvDj0U:pgrWt5SvFqA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Vl12hvDj0U:pgrWt5SvFqA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6Vl12hvDj0U:pgrWt5SvFqA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Vl12hvDj0U:pgrWt5SvFqA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Credit unions step up student lending
Posted: May 10th, 2009, 11:00pm EDT
Credit unions are becoming key players in the private student loan market as the cost of higher education steadily increases and California’s two public university systems get set to vote on more fee hikes.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iilMNpThNNI:xSJcGU2OrJM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iilMNpThNNI:xSJcGU2OrJM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iilMNpThNNI:xSJcGU2OrJM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iilMNpThNNI:xSJcGU2OrJM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iilMNpThNNI:xSJcGU2OrJM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iilMNpThNNI:xSJcGU2OrJM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Top two Cornish Carey brokers depart for national firm
Posted: May 10th, 2009, 11:00pm EDT
Two of Cornish amp; Carey Commercial’s top Bay Area brokers, Michael Leggett and Gerry Rohm, have left the regional brokerage to work for a national firm intent on beefing up its West Coast presence.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mYtVFDz_Dpk:4r3tsHs1LXk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mYtVFDz_Dpk:4r3tsHs1LXk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mYtVFDz_Dpk:4r3tsHs1LXk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mYtVFDz_Dpk:4r3tsHs1LXk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mYtVFDz_Dpk:4r3tsHs1LXk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mYtVFDz_Dpk:4r3tsHs1LXk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Touchstone Funds bounce back to top performances after poor ’08
Posted: May 10th, 2009, 11:00pm EDT
Take a look at the list of top-performing mutual funds (page 19), and two names pop out. Two Touchstone Funds, the Large Cap Value Fund and the Select Growth Fund, rise head-and-shoulders above the pack.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QYz5TxihoLU:WOBe6d94T9w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QYz5TxihoLU:WOBe6d94T9w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QYz5TxihoLU:WOBe6d94T9w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QYz5TxihoLU:WOBe6d94T9w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QYz5TxihoLU:WOBe6d94T9w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QYz5TxihoLU:WOBe6d94T9w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Region’s banks struggle in 1Q
Posted: May 10th, 2009, 11:00pm EDT
The region’s three biggest publicly owned U.S. banks each turned in positive first-quarter earnings while major community banks continue to struggle. Analysts, though, wonder whether that was because larger banks have more ammunition to temporarily mask credit woes that have been a major drag on profits since last fall’s stock market meltdown.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ynUVPO9I13w:Zfx9eSu_wz4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ynUVPO9I13w:Zfx9eSu_wz4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ynUVPO9I13w:Zfx9eSu_wz4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ynUVPO9I13w:Zfx9eSu_wz4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ynUVPO9I13w:Zfx9eSu_wz4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ynUVPO9I13w:Zfx9eSu_wz4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
State Street faces new bond hassle
Posted: May 10th, 2009, 11:00pm EDT
State Street Corp. has a sewage problem.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=il45f-Cc6kM:UWs4afJ5qSc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=il45f-Cc6kM:UWs4afJ5qSc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=il45f-Cc6kM:UWs4afJ5qSc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=il45f-Cc6kM:UWs4afJ5qSc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=il45f-Cc6kM:UWs4afJ5qSc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=il45f-Cc6kM:UWs4afJ5qSc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Some investors leave their advisers while others stay for the long haul
Posted: May 10th, 2009, 11:00pm EDT
Shareholders lost trillions of dollars from Sept. 26 through the end of the 2008, as the Standard amp; Poor’s 500 lost 25 percent of its value, the Dow fell 21 percent, and investor confidence fell at least as far.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X_fl_sotVLU:8DguITzkC9g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X_fl_sotVLU:8DguITzkC9g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=X_fl_sotVLU:8DguITzkC9g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X_fl_sotVLU:8DguITzkC9g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=X_fl_sotVLU:8DguITzkC9g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X_fl_sotVLU:8DguITzkC9g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Brokerages easing back into hiring
Posted: May 10th, 2009, 11:00pm EDT
After diminished prospects for job seekers in real estate brokerage over the past two years, the balance of 2009 seems much brighter, especially in the hardest hit sector, residential real estate. Commercial real estate is still either frozen in its hiring or still shedding employees.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F0g7NJ23KXo:c4tQinoWDz8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F0g7NJ23KXo:c4tQinoWDz8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=F0g7NJ23KXo:c4tQinoWDz8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F0g7NJ23KXo:c4tQinoWDz8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=F0g7NJ23KXo:c4tQinoWDz8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F0g7NJ23KXo:c4tQinoWDz8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Vastly changed lending environment facing entrepreneurs
Posted: May 10th, 2009, 11:00pm EDT
When Paul Garcia, co-owner of Lone Star Coffee, decided to move out of his rental space and purchase his own office/warehouse in early 2008, banks were lining up to loan him the $1.6 million he needed.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ikSKtLLWLPg:21pVMX9IVIw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ikSKtLLWLPg:21pVMX9IVIw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ikSKtLLWLPg:21pVMX9IVIw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ikSKtLLWLPg:21pVMX9IVIw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ikSKtLLWLPg:21pVMX9IVIw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ikSKtLLWLPg:21pVMX9IVIw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report provides deposit data for banks in Houston region
Posted: May 10th, 2009, 11:00pm EDT
Deposits are a bank’s best friend.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vFlb8D_S0-M:rrMBR-dmuYQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vFlb8D_S0-M:rrMBR-dmuYQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vFlb8D_S0-M:rrMBR-dmuYQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vFlb8D_S0-M:rrMBR-dmuYQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vFlb8D_S0-M:rrMBR-dmuYQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vFlb8D_S0-M:rrMBR-dmuYQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Non-bank sources can provide alternative financing for business
Posted: May 10th, 2009, 11:00pm EDT
The tightening of the credit markets that began in the third quarter of 2008 left many small businesses wondering how to fund projects or even how to pay basic operating expenses.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jscL23kgeZI:rx6aP5Xfqqg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jscL23kgeZI:rx6aP5Xfqqg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jscL23kgeZI:rx6aP5Xfqqg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jscL23kgeZI:rx6aP5Xfqqg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jscL23kgeZI:rx6aP5Xfqqg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jscL23kgeZI:rx6aP5Xfqqg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Briefs: Smart Financial Credit Union opens FM 1960 location
Posted: May 10th, 2009, 11:00pm EDT
Houston-based Smart Financial Credit Union has opened a FM 1960 office.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=q5ZTRg9Xx4Q:UdvMTcBWHdw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=q5ZTRg9Xx4Q:UdvMTcBWHdw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=q5ZTRg9Xx4Q:UdvMTcBWHdw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=q5ZTRg9Xx4Q:UdvMTcBWHdw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=q5ZTRg9Xx4Q:UdvMTcBWHdw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=q5ZTRg9Xx4Q:UdvMTcBWHdw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Venture capital counts twice
Posted: May 10th, 2009, 11:00pm EDT
Houston has edged out Austin, or Houston trails Austin.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KH8JH-Ocun8:Fq029kx7D24:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KH8JH-Ocun8:Fq029kx7D24:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KH8JH-Ocun8:Fq029kx7D24:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KH8JH-Ocun8:Fq029kx7D24:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KH8JH-Ocun8:Fq029kx7D24:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KH8JH-Ocun8:Fq029kx7D24:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sterling checks out of TARP funding line
Posted: May 10th, 2009, 11:00pm EDT
It wasn’t until his check cleared this week that J. Downey Bridgwater could relax.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oOrJWD4JgJE:lXOFUuCwCg8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oOrJWD4JgJE:lXOFUuCwCg8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oOrJWD4JgJE:lXOFUuCwCg8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oOrJWD4JgJE:lXOFUuCwCg8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oOrJWD4JgJE:lXOFUuCwCg8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oOrJWD4JgJE:lXOFUuCwCg8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
PNC tops nation in 1Q of ’09 for midsize business loans
Posted: May 10th, 2009, 11:00pm EDT
During the first three months of 2009, PNC Financial Services Group Inc. put together more business loans to midsize companies than any bank in the country.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jDib5RhvW7Y:piFqgQE5-z0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jDib5RhvW7Y:piFqgQE5-z0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jDib5RhvW7Y:piFqgQE5-z0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jDib5RhvW7Y:piFqgQE5-z0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jDib5RhvW7Y:piFqgQE5-z0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jDib5RhvW7Y:piFqgQE5-z0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Anthony bank still searching for buyers for two Kansas City-area branches
Posted: May 10th, 2009, 11:00pm EDT
First National Bank of Anthony, struggling with poor earnings and reduced capital, is trying to sell its two branches in the Kansas City market. But it’s having little success.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LkeOoHwB2M0:cGs0HvqfGDM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LkeOoHwB2M0:cGs0HvqfGDM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LkeOoHwB2M0:cGs0HvqfGDM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LkeOoHwB2M0:cGs0HvqfGDM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LkeOoHwB2M0:cGs0HvqfGDM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LkeOoHwB2M0:cGs0HvqfGDM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pittsburgh-area commercial real estate gets off to bad start in 2009
Posted: May 10th, 2009, 11:00pm EDT
Pittsburgh commercial real estate transactions got off to a miserable start in the first quarter, raising concerns that investment sales in 2009 would not bounce back from last year’s 74 percent slide.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NiOJD1lpn9Q:7vgJLQcbuCs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NiOJD1lpn9Q:7vgJLQcbuCs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NiOJD1lpn9Q:7vgJLQcbuCs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NiOJD1lpn9Q:7vgJLQcbuCs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NiOJD1lpn9Q:7vgJLQcbuCs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NiOJD1lpn9Q:7vgJLQcbuCs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Spate of foreclosures seen as start of coming wave
Posted: May 10th, 2009, 11:00pm EDT
The steep decline in commercial property values is threatening landlords who bought at the peak of the market.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bti4whQeMvY:6neIa_Zgz2M:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bti4whQeMvY:6neIa_Zgz2M:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bti4whQeMvY:6neIa_Zgz2M:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bti4whQeMvY:6neIa_Zgz2M:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bti4whQeMvY:6neIa_Zgz2M:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bti4whQeMvY:6neIa_Zgz2M:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Heartland’s founder passes baton to next generation
Posted: May 10th, 2009, 11:00pm EDT
Every entrepreneur who’s made it has stories of big breaks. For Tiney McComb one of the first involved a cow.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uduti3wmvxc:SM9M9tpwg8g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uduti3wmvxc:SM9M9tpwg8g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uduti3wmvxc:SM9M9tpwg8g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uduti3wmvxc:SM9M9tpwg8g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uduti3wmvxc:SM9M9tpwg8g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uduti3wmvxc:SM9M9tpwg8g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Schwab puts small clients on ‘return trip’ to market
Posted: May 10th, 2009, 11:00pm EDT
Charles Schwab has cut expenses and made it easier for small investors to put money into Schwab’s equity-index funds.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3E3hWQVjmho:lxx6IwU6AIM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3E3hWQVjmho:lxx6IwU6AIM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3E3hWQVjmho:lxx6IwU6AIM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3E3hWQVjmho:lxx6IwU6AIM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3E3hWQVjmho:lxx6IwU6AIM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3E3hWQVjmho:lxx6IwU6AIM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Waiting for real estate to hit rock bottom
Posted: May 10th, 2009, 11:00pm EDT
It’s been a slow couple of months for real estate developer Tom Terkel’s new operation, Cencor Solutions. But he doesn’t see that as a bad thing.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cyfP0bDYayg:9gpppe_iD-k:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cyfP0bDYayg:9gpppe_iD-k:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cyfP0bDYayg:9gpppe_iD-k:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cyfP0bDYayg:9gpppe_iD-k:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cyfP0bDYayg:9gpppe_iD-k:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cyfP0bDYayg:9gpppe_iD-k:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
VCs shy away from seed funding
Posted: May 10th, 2009, 11:00pm EDT
Venture capitalists are making fewer risky investments during the recession by backing later-stage companies rather than betting on startups.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NKW3xsnOY9g:z5dqS423tWM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NKW3xsnOY9g:z5dqS423tWM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NKW3xsnOY9g:z5dqS423tWM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NKW3xsnOY9g:z5dqS423tWM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NKW3xsnOY9g:z5dqS423tWM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NKW3xsnOY9g:z5dqS423tWM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Park Sterling bucks the trend, sees big boost in profit
Posted: May 10th, 2009, 11:00pm EDT
You won’t hear this about many banks: Charlotte-based Park Sterling Bank’s first-quarter earnings grew more than tenfold from last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0oNxKux39_Y:gaEV2e5Q2dI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0oNxKux39_Y:gaEV2e5Q2dI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0oNxKux39_Y:gaEV2e5Q2dI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0oNxKux39_Y:gaEV2e5Q2dI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0oNxKux39_Y:gaEV2e5Q2dI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0oNxKux39_Y:gaEV2e5Q2dI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Credit unions, small banks getting aggressive with lending rate game
Posted: May 10th, 2009, 11:00pm EDT
There’s more to an interest rate than meets the eye. Simply because a large bank is offering what appears to be a low loan rate, don’t discount a community bank or credit union’s ability to compete.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4-HnjbHNo54:mT4BU2Ps-Qg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4-HnjbHNo54:mT4BU2Ps-Qg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4-HnjbHNo54:mT4BU2Ps-Qg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4-HnjbHNo54:mT4BU2Ps-Qg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4-HnjbHNo54:mT4BU2Ps-Qg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4-HnjbHNo54:mT4BU2Ps-Qg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Farm Credit weathering the recession
Posted: May 10th, 2009, 11:00pm EDT
An afternoon thunderstorm can wipe out acres of crops in minutes. But not even the worst economic storm in decades could stop Carolina Farm Credit from paying its annual dividend.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1e7XtHrbpg0:eu_EVswSkKM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1e7XtHrbpg0:eu_EVswSkKM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1e7XtHrbpg0:eu_EVswSkKM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1e7XtHrbpg0:eu_EVswSkKM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1e7XtHrbpg0:eu_EVswSkKM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1e7XtHrbpg0:eu_EVswSkKM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Too busy for retirement
Posted: May 10th, 2009, 11:00pm EDT
Every weekday morning, Dick Schilffarth works out at the downtown Milwaukee YMCA. On Mondays, Wednesdays and Fridays, he runs five miles. Tuesdays and Thursdays he rides the stationary bike.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gFTsOf3aj0Y:ciNCp5WSpe4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gFTsOf3aj0Y:ciNCp5WSpe4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gFTsOf3aj0Y:ciNCp5WSpe4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gFTsOf3aj0Y:ciNCp5WSpe4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gFTsOf3aj0Y:ciNCp5WSpe4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gFTsOf3aj0Y:ciNCp5WSpe4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stimulus creates new, cheaper bonds for expansion of manufacturing
Posted: May 10th, 2009, 11:00pm EDT
The American Recovery and Reinvestment Act does more than throw lots of money at the economy, hoping that some of it will stick. It also makes it easier for businesses to borrow money if they are looking to expand.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rtb-RagPvSo:1K41HCybLgQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rtb-RagPvSo:1K41HCybLgQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rtb-RagPvSo:1K41HCybLgQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rtb-RagPvSo:1K41HCybLgQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rtb-RagPvSo:1K41HCybLgQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rtb-RagPvSo:1K41HCybLgQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Maceo Sloan, NCM Capital take $650M hit
Posted: May 10th, 2009, 11:00pm EDT
DURHAM – April’s Wall Street advance provided a dose of relief in the prolonged slide that has been turning the numbers negative at Maceo Sloan’s Durham-based NCM Capital.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tKV7FSy7qwQ:_dhexi_TAxs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tKV7FSy7qwQ:_dhexi_TAxs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tKV7FSy7qwQ:_dhexi_TAxs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tKV7FSy7qwQ:_dhexi_TAxs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tKV7FSy7qwQ:_dhexi_TAxs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tKV7FSy7qwQ:_dhexi_TAxs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Only 40 percent of banks tightened business credit in last three months
Posted: May 10th, 2009, 11:00pm EDT
WASHINGTON — About 40 percent of U.S. banks tightened credit standards on business loans during the past three months, according to a quarterly Federal Reserve Board survey of senior loan officers.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=djeO0mEdJ38:jTpNut-i8IY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=djeO0mEdJ38:jTpNut-i8IY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=djeO0mEdJ38:jTpNut-i8IY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=djeO0mEdJ38:jTpNut-i8IY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=djeO0mEdJ38:jTpNut-i8IY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=djeO0mEdJ38:jTpNut-i8IY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Citizens, Capital, BBT among banks setting aside millions for bad loans
Posted: May 10th, 2009, 11:00pm EDT
RALEIGH – Local banks, facing what some lenders call “deteriorating” economic conditions – especially in real estate – have been setting aside cash in anticipation of more bad loans on the horizon.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lX6-3UQtYCc:dwNm4wV2hhM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lX6-3UQtYCc:dwNm4wV2hhM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lX6-3UQtYCc:dwNm4wV2hhM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lX6-3UQtYCc:dwNm4wV2hhM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lX6-3UQtYCc:dwNm4wV2hhM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lX6-3UQtYCc:dwNm4wV2hhM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Small business loans take dive in Alabama
Posted: May 10th, 2009, 11:00pm EDT
Small business lending by Birmingham’s largest banks has dropped by more than $10 million within the past year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a_AoKdEizaw:Q4Dpk1tkVWc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a_AoKdEizaw:Q4Dpk1tkVWc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a_AoKdEizaw:Q4Dpk1tkVWc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a_AoKdEizaw:Q4Dpk1tkVWc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a_AoKdEizaw:Q4Dpk1tkVWc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a_AoKdEizaw:Q4Dpk1tkVWc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Giving some credit — Unscathed by subprime mess, area credit unions report first-quarter loan, deposit, membership growth
Posted: May 10th, 2009, 11:00pm EDT
Some of Middle Tennessee’s smaller credit unions grew their assets last year as a stock market free-fall pushed customers to tuck cash away in safe havens.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=I-vvEwWqkoc:o1OqdoxGQSM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=I-vvEwWqkoc:o1OqdoxGQSM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=I-vvEwWqkoc:o1OqdoxGQSM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=I-vvEwWqkoc:o1OqdoxGQSM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=I-vvEwWqkoc:o1OqdoxGQSM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=I-vvEwWqkoc:o1OqdoxGQSM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Loan growth at area credit unions spurred by mortgages
Posted: May 10th, 2009, 11:00pm EDT
Despite the national chill on credit and the wobbling housing market, Middle Tennessee’s credit unions have been lending more money, especially to first-time homebuyers.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=V3PfGlNYLHY:t5r4GXs4Dd8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=V3PfGlNYLHY:t5r4GXs4Dd8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=V3PfGlNYLHY:t5r4GXs4Dd8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=V3PfGlNYLHY:t5r4GXs4Dd8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=V3PfGlNYLHY:t5r4GXs4Dd8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=V3PfGlNYLHY:t5r4GXs4Dd8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Local credit unions lag nationally, report strong first quarter
Posted: May 10th, 2009, 11:00pm EDT
The state’s unemployment rate could be affecting growth at Nashville-area credit unions, which are growing more slowly than credit unions nationwide.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MjV2yLqQqFU:q2eiWw4LDlE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MjV2yLqQqFU:q2eiWw4LDlE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MjV2yLqQqFU:q2eiWw4LDlE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MjV2yLqQqFU:q2eiWw4LDlE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MjV2yLqQqFU:q2eiWw4LDlE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MjV2yLqQqFU:q2eiWw4LDlE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stress scenarios: Raymond James Bank passes its own test
Posted: May 10th, 2009, 11:00pm EDT
ST. PETERSBURG — The largest bank in the Tampa Bay area says it has enough capital to withstand a severe hit to its balance sheet. (RJF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=focDKtAK4qs:NsdAJEiklnY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=focDKtAK4qs:NsdAJEiklnY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=focDKtAK4qs:NsdAJEiklnY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=focDKtAK4qs:NsdAJEiklnY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=focDKtAK4qs:NsdAJEiklnY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=focDKtAK4qs:NsdAJEiklnY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Companies place $2.8 million in liens on MetWest
Posted: May 10th, 2009, 11:00pm EDT
TAMPA — From a Minnesota granite supplier to a Southwest Florida builder of fountains, eight subcontractors are seeking $2.8 million for unpaid work on MetWest International — a $200 million Westshore project by MetLife, the nation’s largest life insurer. (MET)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aC2seP1k7LY:Jl5d8t_kaEE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aC2seP1k7LY:Jl5d8t_kaEE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aC2seP1k7LY:Jl5d8t_kaEE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aC2seP1k7LY:Jl5d8t_kaEE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aC2seP1k7LY:Jl5d8t_kaEE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aC2seP1k7LY:Jl5d8t_kaEE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Real estate defaults top U.S. average
Posted: May 10th, 2009, 11:00pm EDT
As the economy sank, default rates on commercial real estate loans rose much faster in Middle Tennessee than many other parts of the country.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dH_rwcVWurw:T8-XQ2ao_pk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dH_rwcVWurw:T8-XQ2ao_pk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dH_rwcVWurw:T8-XQ2ao_pk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dH_rwcVWurw:T8-XQ2ao_pk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dH_rwcVWurw:T8-XQ2ao_pk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dH_rwcVWurw:T8-XQ2ao_pk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dallas joint venture buys ‘toxic’ loans at deep discount
Posted: May 10th, 2009, 11:00pm EDT
A group of Dallas investors has put together a $10 million fund to buy up mortgage pools that selling banks consider toxic.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M8ishnS8-ZA:PzxO6ELQ9b4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M8ishnS8-ZA:PzxO6ELQ9b4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M8ishnS8-ZA:PzxO6ELQ9b4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M8ishnS8-ZA:PzxO6ELQ9b4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M8ishnS8-ZA:PzxO6ELQ9b4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M8ishnS8-ZA:PzxO6ELQ9b4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TIB wins bid to run failed Atlanta bank
Posted: May 10th, 2009, 11:00pm EDT
The May 1 failure of its largest rival has handed The Independent BankersBank a golden opportunity.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ixE-JHZRAl0:th69JUXePYo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ixE-JHZRAl0:th69JUXePYo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ixE-JHZRAl0:th69JUXePYo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ixE-JHZRAl0:th69JUXePYo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ixE-JHZRAl0:th69JUXePYo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ixE-JHZRAl0:th69JUXePYo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Market turmoil is making waves in the independent wealth adviser industry
Posted: May 10th, 2009, 11:00pm EDT
There is a standard pitch for independent registered investment advisers. It inevitably includes the phrases “fiduciary responsibility” and “fee-based,” and usually concludes with something like: Our model puts us on the same side of the table as our clients.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=amBNLDzNYDY:e868AtY7k5E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=amBNLDzNYDY:e868AtY7k5E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=amBNLDzNYDY:e868AtY7k5E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=amBNLDzNYDY:e868AtY7k5E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=amBNLDzNYDY:e868AtY7k5E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=amBNLDzNYDY:e868AtY7k5E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
How has the economic downturn changed your relationship with your investment adviser?
Posted: May 10th, 2009, 11:00pm EDT
“Prior to the economic downturn, my adviser held my complete trust. I believed in his motivations as being in my best interest and that we would succeed — or not — together. He was building his group within his organization, and I was building my wealth — a mutually supportive relationship. I would listen to his ideas with an ear toward acceptance. Now, I listen with an ear toward the negative. The fundamental ethics of my adviser have not changed, but my belief that his recommendations are in my best interest has changed significantly.”div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wgvrHWhnH3E:vtyrwsPfNug:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wgvrHWhnH3E:vtyrwsPfNug:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wgvrHWhnH3E:vtyrwsPfNug:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wgvrHWhnH3E:vtyrwsPfNug:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wgvrHWhnH3E:vtyrwsPfNug:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wgvrHWhnH3E:vtyrwsPfNug:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Regulators seize, sell Westsound Bank
Posted: May 8th, 2009, 8:29pm EDT
State and federal regulators have seized Westsound Bank and sold its deposits to Kitsap Bank, the state Department of Financial Institutions announced Friday. (WSFG)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=l5RkYGgpkjY:obUNZBSMFHA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=l5RkYGgpkjY:obUNZBSMFHA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=l5RkYGgpkjY:obUNZBSMFHA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=l5RkYGgpkjY:obUNZBSMFHA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=l5RkYGgpkjY:obUNZBSMFHA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=l5RkYGgpkjY:obUNZBSMFHA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hilo, Lihue airports get stimulus money
Posted: May 8th, 2009, 6:03pm EDT
Lihue Airport on Kauai and Hilo International Airport on the Big Island will receive a total of $2.3 million in federal stimulus funding.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bnSCPSreXDg:QUvkmoI7qO0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bnSCPSreXDg:QUvkmoI7qO0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bnSCPSreXDg:QUvkmoI7qO0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bnSCPSreXDg:QUvkmoI7qO0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bnSCPSreXDg:QUvkmoI7qO0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bnSCPSreXDg:QUvkmoI7qO0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Frontier Airlines resumes seasonal Alaska flights
Posted: May 8th, 2009, 5:47pm EDT
Frontier Airlines resumed seasonal service Friday between Denver and Anchorage, Alaska.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nF38-676PGU:D5PNqy5Qe3o:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nF38-676PGU:D5PNqy5Qe3o:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nF38-676PGU:D5PNqy5Qe3o:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nF38-676PGU:D5PNqy5Qe3o:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=nF38-676PGU:D5PNqy5Qe3o:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=nF38-676PGU:D5PNqy5Qe3o:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Two Tampa Bay area men indicted in IRS fraud scheme investigation
Posted: May 8th, 2009, 4:28pm EDT
Joseph Nelson Sweet, a Bradenton businessman, and Jack Lee Malone, a former Tampa resident, were indicted on charges related to a scheme to defraud the Internal Revenue Service.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y57OoWWk5PA:S3QyKWVaNLY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y57OoWWk5PA:S3QyKWVaNLY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=y57OoWWk5PA:S3QyKWVaNLY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y57OoWWk5PA:S3QyKWVaNLY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=y57OoWWk5PA:S3QyKWVaNLY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y57OoWWk5PA:S3QyKWVaNLY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Discovery Laboratories to raise $11M in stock sale
Posted: May 8th, 2009, 4:26pm EDT
Discovery Laboratories Inc. entered into definitive agreements Friday with institutional investors that will provide the company with gross proceeds of about $11.3 million. (DSCO)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-8B7WliS6CY:y8yiGSO1mJY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-8B7WliS6CY:y8yiGSO1mJY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-8B7WliS6CY:y8yiGSO1mJY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-8B7WliS6CY:y8yiGSO1mJY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-8B7WliS6CY:y8yiGSO1mJY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-8B7WliS6CY:y8yiGSO1mJY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
S.C. to fight Duke’s Catawba River license
Posted: May 8th, 2009, 4:13pm EDT
South Carolina has opened a new front in its water war with North Carolina, targeting Duke Energy Corp.’s federal license for hydroelectric operations along the Catawba River. (DUK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=P7esh13XhMo:aTXVEwxFHuA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=P7esh13XhMo:aTXVEwxFHuA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=P7esh13XhMo:aTXVEwxFHuA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=P7esh13XhMo:aTXVEwxFHuA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=P7esh13XhMo:aTXVEwxFHuA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=P7esh13XhMo:aTXVEwxFHuA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Washington REIT gets loan extension
Posted: May 8th, 2009, 4:09pm EDT
Washington Real Estate Investment Trust (NYSE:WRE) yesterday entered into an agreement to extend the maturity date on a $100 million unsecured term loan from Wells Fargo Bank, National Association. (WRE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oyW5WxQhjj8:vr334049EiI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oyW5WxQhjj8:vr334049EiI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oyW5WxQhjj8:vr334049EiI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oyW5WxQhjj8:vr334049EiI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oyW5WxQhjj8:vr334049EiI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oyW5WxQhjj8:vr334049EiI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Diamond Hill profit plunges on investment losses
Posted: May 8th, 2009, 4:03pm EDT
Diamond Hill Investment Group Inc. said Friday its first-quarter earnings dropped more than 80 percent as investment losses mounted. (DHIL)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1s-FfLqmVh0:gLmsa-U8zhw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1s-FfLqmVh0:gLmsa-U8zhw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1s-FfLqmVh0:gLmsa-U8zhw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1s-FfLqmVh0:gLmsa-U8zhw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1s-FfLqmVh0:gLmsa-U8zhw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1s-FfLqmVh0:gLmsa-U8zhw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Region ranks 20th in 'green' car shopping
Posted: May 8th, 2009, 3:49pm EDT
The Sacramento area is one of the nation’s greenest cities, at least when it comes to tire-kickers. (MNI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AHktAQ5rOs0:grzNO9FseOM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AHktAQ5rOs0:grzNO9FseOM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AHktAQ5rOs0:grzNO9FseOM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AHktAQ5rOs0:grzNO9FseOM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AHktAQ5rOs0:grzNO9FseOM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AHktAQ5rOs0:grzNO9FseOM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Purcell Tire buys Goodyear retread business
Posted: May 8th, 2009, 3:16pm EDT
Purcell Tire amp; Rubber Co. of Potosi, Mo., has acquired the assets of Goodyear’s Wingfoot OTR Retread Business, an off-the-road, retread manufacturer.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rvYKT1ofYYw:pl8OBhlHptg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rvYKT1ofYYw:pl8OBhlHptg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rvYKT1ofYYw:pl8OBhlHptg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rvYKT1ofYYw:pl8OBhlHptg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rvYKT1ofYYw:pl8OBhlHptg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rvYKT1ofYYw:pl8OBhlHptg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
State seniors to receive stimulus funds
Posted: May 8th, 2009, 2:43pm EDT
Wisconsin retirees, disabled veterans, and other Social Security recipients will be getting an estimated $267 million in one-time economic recover payments as part of the American Recovery and Reinvestment Act, Gov. Jim Doyle announced Friday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AVIdEenSNfU:Z5djiDF4ZaY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AVIdEenSNfU:Z5djiDF4ZaY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AVIdEenSNfU:Z5djiDF4ZaY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AVIdEenSNfU:Z5djiDF4ZaY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AVIdEenSNfU:Z5djiDF4ZaY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AVIdEenSNfU:Z5djiDF4ZaY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
EverBank profit up 65%
Posted: May 8th, 2009, 2:41pm EDT
EverBank Financial Corp. reported a 65 percent increase in profit in the first quarter amid a surge in mortgage lending activity and an increase in interest income due to the company’s asset growth.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uI9IHdvEMx8:ViHaws1269g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uI9IHdvEMx8:ViHaws1269g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uI9IHdvEMx8:ViHaws1269g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uI9IHdvEMx8:ViHaws1269g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uI9IHdvEMx8:ViHaws1269g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uI9IHdvEMx8:ViHaws1269g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Love Funding closes refinance loan for housing complex
Posted: May 8th, 2009, 2:39pm EDT
Love Funding, a national mortgage-banking firm, said Friday its St. Louis office closed a $4.27 million refinance loan for Lake Broadway Townhomes, a 58-unit market-rate, multifamily housing complex located in Columbia, Mo.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_CbzF__qFAM:UKcbM8v3zDk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_CbzF__qFAM:UKcbM8v3zDk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_CbzF__qFAM:UKcbM8v3zDk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_CbzF__qFAM:UKcbM8v3zDk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_CbzF__qFAM:UKcbM8v3zDk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_CbzF__qFAM:UKcbM8v3zDk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Warren Hellman to unveil new journalism model
Posted: May 8th, 2009, 2:28pm EDT
Noted San Francisco financier Warren Hellman said in a statement Friday that he and “a team of business and media experts” are, as rumored in recent weeks, working on a plan to develop a new, sustainable model for community journalism in San Francisco and the Bay Area, given the intense pressures on daily papers, including the San Francisco Chronicle.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zB324iLjKjA:O9nzOiHFGFA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zB324iLjKjA:O9nzOiHFGFA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zB324iLjKjA:O9nzOiHFGFA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zB324iLjKjA:O9nzOiHFGFA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zB324iLjKjA:O9nzOiHFGFA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zB324iLjKjA:O9nzOiHFGFA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
NY expands program to reduce interest payments on commercial loans
Posted: May 8th, 2009, 1:52pm EDT
The state’s economic agency expanded a business financing program today that enables companies to reduce interest payments on commercial loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=eAZoq4xIiN0:kf2R3KXwdpU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=eAZoq4xIiN0:kf2R3KXwdpU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=eAZoq4xIiN0:kf2R3KXwdpU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=eAZoq4xIiN0:kf2R3KXwdpU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=eAZoq4xIiN0:kf2R3KXwdpU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=eAZoq4xIiN0:kf2R3KXwdpU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Lydian Private Bank dips into red as bad loans double
Posted: May 8th, 2009, 1:50pm EDT
Lydian Private Bank flipped to a loss in the first quarter as its bad loans more than doubled compared to the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jEg2CSkyOTQ:D3g5fzLZVVg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jEg2CSkyOTQ:D3g5fzLZVVg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jEg2CSkyOTQ:D3g5fzLZVVg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jEg2CSkyOTQ:D3g5fzLZVVg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jEg2CSkyOTQ:D3g5fzLZVVg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jEg2CSkyOTQ:D3g5fzLZVVg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cuomo investing debt settlement industry
Posted: May 8th, 2009, 1:48pm EDT
New York Attorney General Andrew Cuomo has launched an investigation into what he called a “rogue industry” where firms promise to help clients settle debts.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kAmxJROI1dw:uxZglYjhv34:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kAmxJROI1dw:uxZglYjhv34:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kAmxJROI1dw:uxZglYjhv34:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kAmxJROI1dw:uxZglYjhv34:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kAmxJROI1dw:uxZglYjhv34:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kAmxJROI1dw:uxZglYjhv34:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Citizens Financial, Royal Bank of Scotland post 1Q losses
Posted: May 8th, 2009, 1:20pm EDT
Citizens Financial Group, the immediate parent of Citizens Bank, suffered an operating loss of $141 million in the first quarter, compared to a $349 million profit in the same period of 2008.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NY_96-cD41I:rHHVBCxhaqQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NY_96-cD41I:rHHVBCxhaqQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NY_96-cD41I:rHHVBCxhaqQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NY_96-cD41I:rHHVBCxhaqQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NY_96-cD41I:rHHVBCxhaqQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NY_96-cD41I:rHHVBCxhaqQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Simon Property Group plans $1B stock offering
Posted: May 8th, 2009, 1:15pm EDT
Simon Property Group plans to raise as much as $1 billion in a secondary stock offering — money it could use to make acquisitions. (SPG) (GGP)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlZyRhbxCns:jqX9VER4KPc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlZyRhbxCns:jqX9VER4KPc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tlZyRhbxCns:jqX9VER4KPc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlZyRhbxCns:jqX9VER4KPc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tlZyRhbxCns:jqX9VER4KPc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlZyRhbxCns:jqX9VER4KPc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
KC man is charged with robbing bank after leaving driver’s license at scene
Posted: May 8th, 2009, 1:11pm EDT
A Kansas City man faces federal charges for robbing a bank after allegedly leaving his wallet and driver’s license at the teller’s counter after demanding cash.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BGqmUMWhcmM:7Eh1jxnfXmI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BGqmUMWhcmM:7Eh1jxnfXmI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BGqmUMWhcmM:7Eh1jxnfXmI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BGqmUMWhcmM:7Eh1jxnfXmI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BGqmUMWhcmM:7Eh1jxnfXmI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BGqmUMWhcmM:7Eh1jxnfXmI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SEC charges Intech with proxy voting rule violations
Posted: May 8th, 2009, 1:07pm EDT
Intech Investment Management LLC of West Palm Beach utilized a proxy voting system favored by the AFL-CIO without fully explaining that to clients, the U.S. Securities and Exchange Commission said Friday. (JNS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=p0eom8qTtf0:_OG5Tlbewsk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=p0eom8qTtf0:_OG5Tlbewsk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=p0eom8qTtf0:_OG5Tlbewsk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=p0eom8qTtf0:_OG5Tlbewsk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=p0eom8qTtf0:_OG5Tlbewsk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=p0eom8qTtf0:_OG5Tlbewsk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report: Rescap parent GMAC will need more U.S. support
Posted: May 8th, 2009, 1:05pm EDT
GMAC, the parent of Bloomington-based Residential Capital, will need at least $11.5 billion — at least some of which will likely come from the federal government — as a result of this week’s banking “stress tests.”div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hAT8cKIfmn4:8Ne-VxvpINM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hAT8cKIfmn4:8Ne-VxvpINM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=hAT8cKIfmn4:8Ne-VxvpINM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hAT8cKIfmn4:8Ne-VxvpINM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=hAT8cKIfmn4:8Ne-VxvpINM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=hAT8cKIfmn4:8Ne-VxvpINM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Nationwide Financial posts $100M loss in 1Q
Posted: May 8th, 2009, 1:03pm EDT
Nationwide Mutual Insurance Co.’s financial services subsidiary posted a more than $100 million first-quarter loss despite a gain in revenue for the three months, the company said.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5FI9Oc5qVpg:m04jLmXmLTk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5FI9Oc5qVpg:m04jLmXmLTk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5FI9Oc5qVpg:m04jLmXmLTk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5FI9Oc5qVpg:m04jLmXmLTk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5FI9Oc5qVpg:m04jLmXmLTk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5FI9Oc5qVpg:m04jLmXmLTk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Jeffco Credit Union members OK merger with Westerra
Posted: May 8th, 2009, 12:55pm EDT
Jeffco Credit Union members have approved a merger with Westerra Credit Union, officials said Friday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=soPeuPAwfC0:jJwh2rktJlQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=soPeuPAwfC0:jJwh2rktJlQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=soPeuPAwfC0:jJwh2rktJlQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=soPeuPAwfC0:jJwh2rktJlQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=soPeuPAwfC0:jJwh2rktJlQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=soPeuPAwfC0:jJwh2rktJlQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
UMB Fund Services buys J.D. Clark Co. for $23M
Posted: May 8th, 2009, 11:43am EDT
UMB Fund Services Inc. has bought J.D. Clark amp; Co. Inc. in an all-cash deal worth about $23 milliondiv class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWAQMyaZ594:AZnRpQ4F5Z0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWAQMyaZ594:AZnRpQ4F5Z0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KWAQMyaZ594:AZnRpQ4F5Z0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWAQMyaZ594:AZnRpQ4F5Z0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KWAQMyaZ594:AZnRpQ4F5Z0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWAQMyaZ594:AZnRpQ4F5Z0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Charlotte housing shows monthly gains
Posted: May 8th, 2009, 11:17am EDT
The number of residential real estate closings in the Charlotte region grew 6.1 percent in April from March, according to the Charlotte Regional Realtor Association.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KBaDCTX02Vw:X3vqlf-RbNA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KBaDCTX02Vw:X3vqlf-RbNA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KBaDCTX02Vw:X3vqlf-RbNA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KBaDCTX02Vw:X3vqlf-RbNA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KBaDCTX02Vw:X3vqlf-RbNA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KBaDCTX02Vw:X3vqlf-RbNA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Westar Energy posts lower profit, cuts capital spending
Posted: May 8th, 2009, 11:17am EDT
Higher operating expenses mainly for new facilities and lower retail sales volumes caused 28 percent lower first-quarter earnings for Westar Energy Inc. compared with the same period last year. (WR)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HhjJX6DP2OA:_UTvg2llbSU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HhjJX6DP2OA:_UTvg2llbSU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HhjJX6DP2OA:_UTvg2llbSU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HhjJX6DP2OA:_UTvg2llbSU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HhjJX6DP2OA:_UTvg2llbSU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HhjJX6DP2OA:_UTvg2llbSU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
US Airways prices offerings
Posted: May 8th, 2009, 11:15am EDT
US Airways Group Inc. has priced its offering of 15.2 million shares of common stock at $3.97 per share. (LCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zBJNR-5rXAA:O4yJ2r_0FQ4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zBJNR-5rXAA:O4yJ2r_0FQ4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zBJNR-5rXAA:O4yJ2r_0FQ4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zBJNR-5rXAA:O4yJ2r_0FQ4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zBJNR-5rXAA:O4yJ2r_0FQ4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zBJNR-5rXAA:O4yJ2r_0FQ4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
UMB Fund makes acquisition
Posted: May 8th, 2009, 10:40am EDT
UMB Fund Services Inc., a Milwaukee-based subsidiary of UMB Financial Corp., has signed a definitive agreement to buy J.D. Clark amp; Co. Inc., a privately held, third-party fund service provider to alternative investments firms in an all-cash deal. (UMBF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3z1B6QAc-g0:w6yJwSedoLk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3z1B6QAc-g0:w6yJwSedoLk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3z1B6QAc-g0:w6yJwSedoLk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3z1B6QAc-g0:w6yJwSedoLk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3z1B6QAc-g0:w6yJwSedoLk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3z1B6QAc-g0:w6yJwSedoLk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Brigham Exploration lost $119M in Q1
Posted: May 8th, 2009, 10:26am EDT
Falling oil prices caused Brigham Exploration Co. to swing to a loss in the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Mk-OWzeHgw:CB15hZrKjwE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Mk-OWzeHgw:CB15hZrKjwE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Mk-OWzeHgw:CB15hZrKjwE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Mk-OWzeHgw:CB15hZrKjwE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Mk-OWzeHgw:CB15hZrKjwE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Mk-OWzeHgw:CB15hZrKjwE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pension plan funding improves in April
Posted: May 8th, 2009, 10:23am EDT
Improving equity markets and stable bond yields in April helped shrink pension plan deficits for the second successive month, according to New York City-based Mercer, a provider of consulting, outsourcing and investment services.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J9-pooxjD0Y:xi7BAfML7Mo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J9-pooxjD0Y:xi7BAfML7Mo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J9-pooxjD0Y:xi7BAfML7Mo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J9-pooxjD0Y:xi7BAfML7Mo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J9-pooxjD0Y:xi7BAfML7Mo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J9-pooxjD0Y:xi7BAfML7Mo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Lewis: BofA can meet stress-test needs
Posted: May 8th, 2009, 10:00am EDT
Kenneth Lewis says Bank of America Corp. will be able to raise the $33.9 billion required to meet government stress-tests levels within a few months. In a live interview Friday morning on CNBC, the BofA chief executive said the bank can use a combination of selling common-equity shares and selling assets to ensure it has enough capital on hand to cover its liabilities.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LrrKwO5LPv0:ckspuCDwitc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LrrKwO5LPv0:ckspuCDwitc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LrrKwO5LPv0:ckspuCDwitc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LrrKwO5LPv0:ckspuCDwitc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LrrKwO5LPv0:ckspuCDwitc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LrrKwO5LPv0:ckspuCDwitc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Big banks launch dash for cash
Posted: May 8th, 2009, 9:58am EDT
Now that the results of the federal banking regulators’ stress tests of the 19 largest U.S. banks is complete, the scramble is about to begin for the 10 that need additional capital. (WFC) (FITB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEUgJVdN-EM:I57blr0Nbjs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEUgJVdN-EM:I57blr0Nbjs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sEUgJVdN-EM:I57blr0Nbjs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEUgJVdN-EM:I57blr0Nbjs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sEUgJVdN-EM:I57blr0Nbjs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEUgJVdN-EM:I57blr0Nbjs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Peoples Community gets ‘going concern’ warning
Posted: May 8th, 2009, 9:58am EDT
Peoples Community Bancorp said Friday that its annual report, filed May 1, includes a paragraph from its accounting firm questioning its ability to continue as a going concern. (PCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=A3AYkF6h05Y:JZQfRs_7MAA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=A3AYkF6h05Y:JZQfRs_7MAA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=A3AYkF6h05Y:JZQfRs_7MAA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=A3AYkF6h05Y:JZQfRs_7MAA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=A3AYkF6h05Y:JZQfRs_7MAA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=A3AYkF6h05Y:JZQfRs_7MAA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bay National Corp. pares 1Q loss
Posted: May 8th, 2009, 9:37am EDT
Bay National Corp. posted a smaller loss in its first quarter as it continues to clean up its real estate loan portfolio and regain its financial footing.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jaXsvsT-MG8:ep1OoJNuR1I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jaXsvsT-MG8:ep1OoJNuR1I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jaXsvsT-MG8:ep1OoJNuR1I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jaXsvsT-MG8:ep1OoJNuR1I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jaXsvsT-MG8:ep1OoJNuR1I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jaXsvsT-MG8:ep1OoJNuR1I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fannie Mae asks treasury for more capital
Posted: May 8th, 2009, 9:26am EDT
Mortgage-finance company Fannie Mae continues to have a tough time turning itself around. D.C.-based Fannie Mae (NYSE: FNM) is reporting a seventh straight quarterly loss and says it needs more cash from the federal government. (FNM) (FNM)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=L6mTHnTG9Bs:G1D3M64Cqrw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=L6mTHnTG9Bs:G1D3M64Cqrw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=L6mTHnTG9Bs:G1D3M64Cqrw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=L6mTHnTG9Bs:G1D3M64Cqrw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=L6mTHnTG9Bs:G1D3M64Cqrw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=L6mTHnTG9Bs:G1D3M64Cqrw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wells Fargo raises $8.6 billion in stock sale
Posted: May 8th, 2009, 8:47am EDT
Wells Fargo amp; Co. said Friday that it raised $8.6 billion in an offering that was well received by investors.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W9NS8d2EAes:Y8_dDvWaDjY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W9NS8d2EAes:Y8_dDvWaDjY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=W9NS8d2EAes:Y8_dDvWaDjY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W9NS8d2EAes:Y8_dDvWaDjY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=W9NS8d2EAes:Y8_dDvWaDjY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=W9NS8d2EAes:Y8_dDvWaDjY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
KeyCorp passes stress test but needs to raise $1.8B
Posted: May 8th, 2009, 8:05am EDT
KeyCorp has passed its “stress test” but still needs to raise $1.8 billion. (KEY)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=On0zAg9AwnU:iYWKaqbHQ-I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=On0zAg9AwnU:iYWKaqbHQ-I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=On0zAg9AwnU:iYWKaqbHQ-I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=On0zAg9AwnU:iYWKaqbHQ-I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=On0zAg9AwnU:iYWKaqbHQ-I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=On0zAg9AwnU:iYWKaqbHQ-I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
FNFG, MT to fill hundreds of jobs
Posted: May 8th, 2009, 4:09am EDT
The recession rolls on, but two Western New York businesses – unlike many employers – are hiring, not eliminating area jobs.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RBHKG3vK5WI:iFOEtG501DA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RBHKG3vK5WI:iFOEtG501DA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RBHKG3vK5WI:iFOEtG501DA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RBHKG3vK5WI:iFOEtG501DA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RBHKG3vK5WI:iFOEtG501DA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RBHKG3vK5WI:iFOEtG501DA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TD Bank gets $1B infusion from Canadian parent
Posted: May 8th, 2009, 4:00am EDT
The Canadian parent of TD Bank recently pumped nearly $1 billion into the New England bank, apparently a measure of protection against an investment portfolio riddled with risky mortgage-backed securities.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n78VSpu4Deo:OSI540D3gqQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n78VSpu4Deo:OSI540D3gqQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=n78VSpu4Deo:OSI540D3gqQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n78VSpu4Deo:OSI540D3gqQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=n78VSpu4Deo:OSI540D3gqQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n78VSpu4Deo:OSI540D3gqQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hypercom sees nearly $10 million loss
Posted: May 7th, 2009, 8:59pm EDT
Hypercom Corp. reported a net loss of $9.9 million in the first quarter, the result of more money spent on operating expenses and research and development. (HYC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DY2jWStbrTw:fvMpRPhZ5io:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DY2jWStbrTw:fvMpRPhZ5io:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DY2jWStbrTw:fvMpRPhZ5io:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DY2jWStbrTw:fvMpRPhZ5io:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DY2jWStbrTw:fvMpRPhZ5io:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DY2jWStbrTw:fvMpRPhZ5io:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Run for capital begins
Posted: May 7th, 2009, 6:20pm EDT
Now that the results of the federal banking regulators’ stress tests of the 19 largest U.S. Banks is complete, the scramble is about to begin for the 10 that need additional capital. (STI) (WFC) (FITB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktcsHx4H5yk:QFtRkin-DAQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktcsHx4H5yk:QFtRkin-DAQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ktcsHx4H5yk:QFtRkin-DAQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktcsHx4H5yk:QFtRkin-DAQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ktcsHx4H5yk:QFtRkin-DAQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktcsHx4H5yk:QFtRkin-DAQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Elk Grove pair indicted in mortgage fraud scheme
Posted: May 7th, 2009, 6:03pm EDT
A federal grand jury on Thursday returned a nine-count indictment charging a former real estate agent and loan agent, both formerly of Elk Grove, in a mortgage fraud scheme involving Elk Grove properties.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B-D974ufqA:8bTAYVzrn2s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B-D974ufqA:8bTAYVzrn2s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5B-D974ufqA:8bTAYVzrn2s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B-D974ufqA:8bTAYVzrn2s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5B-D974ufqA:8bTAYVzrn2s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B-D974ufqA:8bTAYVzrn2s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stress test: 10 of nation’s biggest banks need $74.6B in worst-case economic scenario
Posted: May 7th, 2009, 5:52pm EDT
Ten of the 19 largest U.S. bank holding companies are being required to raise an additional $74.6 billion to cover losses that could occur in 2009 and 2010 if the economy follows a worst-case scenario. (AXP) (BBT) (BK) (COF) (GS) (JPM) (MET) (STT) (USB) (BAC) (C) (FITB) (GJM) (KEY) (MS) (PNC) (RF) (STI) (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EaYAxTBtMXY:frZ0jLb5pPc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EaYAxTBtMXY:frZ0jLb5pPc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EaYAxTBtMXY:frZ0jLb5pPc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EaYAxTBtMXY:frZ0jLb5pPc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EaYAxTBtMXY:frZ0jLb5pPc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EaYAxTBtMXY:frZ0jLb5pPc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Treasury says Regions needs $2.5B in new capital
Posted: May 7th, 2009, 5:37pm EDT
Regions Financial Corp. has been directed to boost its capital levels by $2.5 billion to withstand the brunt of the economic storm, according to results of the government’s long-awaited stress tests released late Thursday afternoon. (RF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ba91pylHBMo:_q5Bfgrn2vI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ba91pylHBMo:_q5Bfgrn2vI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ba91pylHBMo:_q5Bfgrn2vI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ba91pylHBMo:_q5Bfgrn2vI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ba91pylHBMo:_q5Bfgrn2vI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ba91pylHBMo:_q5Bfgrn2vI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Bancorp passes 'stress test'; Wells Fargo will need $13.7B more
Posted: May 7th, 2009, 4:57pm EDT
U.S. Bancorp has passed the federal government's "stress tests," meaning that it has enough capital to ride out the economic downturn, the U.S. Treasury Department reported Thursday. Wells Fargo, meanwhile, was told to raise $13.7 billion in new capital. (USB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9tjYd1J_gk4:LeXQzSVVSlE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9tjYd1J_gk4:LeXQzSVVSlE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9tjYd1J_gk4:LeXQzSVVSlE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9tjYd1J_gk4:LeXQzSVVSlE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9tjYd1J_gk4:LeXQzSVVSlE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9tjYd1J_gk4:LeXQzSVVSlE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
5/3, KeyCorp need capital, Fed stress test finds
Posted: May 7th, 2009, 4:57pm EDT
The Federal Reserve System’s Board of Governors painted a mixed outlook for the nation’s top banking companies following its so-called stress test of how the institutions would fare amid a deeper economic downturn.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UVEqjWori8k:4bjIGJHMOJs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UVEqjWori8k:4bjIGJHMOJs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UVEqjWori8k:4bjIGJHMOJs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UVEqjWori8k:4bjIGJHMOJs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UVEqjWori8k:4bjIGJHMOJs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UVEqjWori8k:4bjIGJHMOJs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Simon Property Group plans $1B stock offering
Posted: May 7th, 2009, 4:57pm EDT
Simon Property Group plans to raise as much as $1 billion in a secondary stock offering — money it could use to make acquisitions. (SPG) (GGP)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JoAg6ighO1o:6h68HHKWZXg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JoAg6ighO1o:6h68HHKWZXg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=JoAg6ighO1o:6h68HHKWZXg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JoAg6ighO1o:6h68HHKWZXg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=JoAg6ighO1o:6h68HHKWZXg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JoAg6ighO1o:6h68HHKWZXg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
LIST: The 19 banks and their capital needs
Posted: May 7th, 2009, 4:45pm EDT
The Board of Governors of the Federal Reserve System on Thursday evening released the results from its stress test. The regulatory tests were designed to project how the country’s 19 largest banks would perform under a variety of economic scenarios by the end of 2010.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xssd8zIBXZE:jOnOru5POvk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xssd8zIBXZE:jOnOru5POvk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xssd8zIBXZE:jOnOru5POvk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xssd8zIBXZE:jOnOru5POvk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xssd8zIBXZE:jOnOru5POvk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xssd8zIBXZE:jOnOru5POvk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BofA reveals plans after stress tests
Posted: May 7th, 2009, 4:39pm EDT
Bank of America Corp. has been told it needs to raise $33.9 billion in additional capital by federal regulators, according to the results of the Federal Reserve’s stress tests released Thursday. (BAC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2ZtWLcfh2CI:5ECJ5p30kCo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2ZtWLcfh2CI:5ECJ5p30kCo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2ZtWLcfh2CI:5ECJ5p30kCo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2ZtWLcfh2CI:5ECJ5p30kCo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2ZtWLcfh2CI:5ECJ5p30kCo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2ZtWLcfh2CI:5ECJ5p30kCo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hawaii stocks, Wall St. down after weak bond auction
Posted: May 7th, 2009, 4:35pm EDT
Hawaii stocks were mostly down Thursday as Wall Street investors worried about the government’s ability to raise funds after weak demand at a Treasury bond auction. (BOH) (AXB) (HE) (CPF) (MLP)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhWDgF1YGhw:a9w2zJcVRpE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhWDgF1YGhw:a9w2zJcVRpE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dhWDgF1YGhw:a9w2zJcVRpE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhWDgF1YGhw:a9w2zJcVRpE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dhWDgF1YGhw:a9w2zJcVRpE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhWDgF1YGhw:a9w2zJcVRpE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Saga, owner of WKLH, posts loss
Posted: May 7th, 2009, 4:32pm EDT
Saga Communications Inc., which owns five Milwaukee radio stations, including WKLH-FM (96.5) and WHQG-FM (102.9) said its first-quarter revenue declined 17.1 percent and the company posted a net loss for the quarter. (SGA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XfH99y0tkCo:cpHI_OJinEM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XfH99y0tkCo:cpHI_OJinEM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XfH99y0tkCo:cpHI_OJinEM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XfH99y0tkCo:cpHI_OJinEM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XfH99y0tkCo:cpHI_OJinEM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XfH99y0tkCo:cpHI_OJinEM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Jupiter’s Integrity Bank undercapitalized after $4M loss
Posted: May 7th, 2009, 4:30pm EDT
Jupiter-based Integrity Bank is seeking capital or a merger after a first quarter loss left it undercapitalized in the eyes of regulators.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktK62XkQ8yY:Dw5t7ieh77M:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktK62XkQ8yY:Dw5t7ieh77M:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ktK62XkQ8yY:Dw5t7ieh77M:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktK62XkQ8yY:Dw5t7ieh77M:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ktK62XkQ8yY:Dw5t7ieh77M:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ktK62XkQ8yY:Dw5t7ieh77M:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Utek Corp. losses mount
Posted: May 7th, 2009, 4:23pm EDT
Losses at Utek Corp. continued in the first quarter, with the Ybor City company posting a loss of $2.1 million, or 45 cents per share, on revenue of $2.8 million.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U----e9PYX4:aKXKEtVY91M:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U----e9PYX4:aKXKEtVY91M:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=U----e9PYX4:aKXKEtVY91M:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U----e9PYX4:aKXKEtVY91M:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=U----e9PYX4:aKXKEtVY91M:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U----e9PYX4:aKXKEtVY91M:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stress Test: SunTrust will need $2.2 billion
Posted: May 7th, 2009, 4:17pm EDT
SunTrust Banks Inc. will need to raise $2.2 billion in capital, according to the results of the long-awaited U.S. Treasury stress testing of the financial industry. (STI) (BAC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Wd29U-ESimA:ZCA1rd5btw4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Wd29U-ESimA:ZCA1rd5btw4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Wd29U-ESimA:ZCA1rd5btw4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Wd29U-ESimA:ZCA1rd5btw4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Wd29U-ESimA:ZCA1rd5btw4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Wd29U-ESimA:ZCA1rd5btw4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
GAO report: Weaknesses in D.C. financial controls
Posted: May 7th, 2009, 4:15pm EDT
Weaknesses in financial reporting controls within the D.C. government could increase the risk for mismanagement or fraud of federal stimulus package funds, according to an April report by the U.S. Government Accountability Office. The GAO investigators found 89 outstanding weaknesses.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QRAanExDoSg:mRaZX-jjhG8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QRAanExDoSg:mRaZX-jjhG8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QRAanExDoSg:mRaZX-jjhG8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QRAanExDoSg:mRaZX-jjhG8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QRAanExDoSg:mRaZX-jjhG8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QRAanExDoSg:mRaZX-jjhG8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Silverleaf Resorts reports profit decline
Posted: May 7th, 2009, 4:13pm EDT
Silverleaf Resorts Inc. said Thursday its net income is down when compared to the same quarter a year ago.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v-WE1qXh3s4:EuwyJVe-ndI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v-WE1qXh3s4:EuwyJVe-ndI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v-WE1qXh3s4:EuwyJVe-ndI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v-WE1qXh3s4:EuwyJVe-ndI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v-WE1qXh3s4:EuwyJVe-ndI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v-WE1qXh3s4:EuwyJVe-ndI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report: Franklin Resources among bidders for BofA unit
Posted: May 7th, 2009, 4:01pm EDT
San Mateo mutual fund giant Franklin Resources as well as BlackRock and Federated Investors have made preliminary offers for Bank of America’s mutual fund unit, Bloomberg News reported, citing people familiar with the situation. (BEN) (BAC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5wV989rMdk0:dQRTQtTW37w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5wV989rMdk0:dQRTQtTW37w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5wV989rMdk0:dQRTQtTW37w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5wV989rMdk0:dQRTQtTW37w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5wV989rMdk0:dQRTQtTW37w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5wV989rMdk0:dQRTQtTW37w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Granite swings to loss
Posted: May 7th, 2009, 3:49pm EDT
Bank of Granite Corp. reports a first-quarter net loss of $4.23 million, or 27 cents per diluted share. In the same period last year, the Granite Falls-based bank earned $1.72 million, or 11 cents per diluted share. (GRAN)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xe6pHR6Taco:Gmm4ngvPrXU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xe6pHR6Taco:Gmm4ngvPrXU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Xe6pHR6Taco:Gmm4ngvPrXU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xe6pHR6Taco:Gmm4ngvPrXU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Xe6pHR6Taco:Gmm4ngvPrXU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xe6pHR6Taco:Gmm4ngvPrXU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wells Fargo to raise $6B in stock offering
Posted: May 7th, 2009, 3:36pm EDT
Wells Fargo amp; Co., parent company of Charlotte-based Wachovia Corp., will offer $6 billion of common stock to the public. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:SOMDYxrgfZY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:SOMDYxrgfZY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PuW33AD9R90:SOMDYxrgfZY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:SOMDYxrgfZY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PuW33AD9R90:SOMDYxrgfZY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:SOMDYxrgfZY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wells raises $8.6B in stock offering
Posted: May 7th, 2009, 3:36pm EDT
Wells Fargo amp; Co. has priced an offering of 341 million shares at $22 per share for a $7.5 billion capital raising. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:MzI97ai81R4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:MzI97ai81R4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PuW33AD9R90:MzI97ai81R4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:MzI97ai81R4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PuW33AD9R90:MzI97ai81R4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PuW33AD9R90:MzI97ai81R4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
DuPont plans to cut 2,000 jobs
Posted: May 7th, 2009, 2:22pm EDT
DuPont Co.’s plan to reduce its workforce by 2,000 jobs will have a limited impact at its Buffalo-area operations.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7vXwNITBs_U:XXvzJOyLu1s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7vXwNITBs_U:XXvzJOyLu1s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7vXwNITBs_U:XXvzJOyLu1s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7vXwNITBs_U:XXvzJOyLu1s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7vXwNITBs_U:XXvzJOyLu1s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7vXwNITBs_U:XXvzJOyLu1s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Marin County wealth managers join forces
Posted: May 7th, 2009, 2:09pm EDT
Salient Wealth Management and Novato-based Friedman amp; Associates have merged to create Salient-Friedman Wealth Management, with about $600 million in assets under management.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z3yCBvXkJLU:3mt5vOItlq8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z3yCBvXkJLU:3mt5vOItlq8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z3yCBvXkJLU:3mt5vOItlq8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z3yCBvXkJLU:3mt5vOItlq8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z3yCBvXkJLU:3mt5vOItlq8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z3yCBvXkJLU:3mt5vOItlq8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
PNC sells W. Conshohocken investment banking division
Posted: May 7th, 2009, 1:51pm EDT
The five senior investment bankers at Special Situations Group (SSG) of National City Investment Banking have re-acquired their business from PNC Financial Services Group. Terms were not disclosed.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E72S7qAF49s:xCLK_6zKxQU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E72S7qAF49s:xCLK_6zKxQU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E72S7qAF49s:xCLK_6zKxQU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E72S7qAF49s:xCLK_6zKxQU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E72S7qAF49s:xCLK_6zKxQU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E72S7qAF49s:xCLK_6zKxQU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
GJ Pepsi-Cola division controller sought in embezzlement charge
Posted: May 7th, 2009, 1:19pm EDT
James Hammes, the former controller for Gamp;J Pepsi-Cola Bottlers’ southern division, is being sought on charges that he embezzled more than $8.7 million from the company, the U.S. Attorney for the Southern District of Ohio said Thursday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=CXZ0WRC_QOs:cAv0shyiIWQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=CXZ0WRC_QOs:cAv0shyiIWQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=CXZ0WRC_QOs:cAv0shyiIWQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=CXZ0WRC_QOs:cAv0shyiIWQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=CXZ0WRC_QOs:cAv0shyiIWQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=CXZ0WRC_QOs:cAv0shyiIWQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Maroon PR launches division focused on business clients
Posted: May 7th, 2009, 1:09pm EDT
After catering solely to the sports and entertainment world, Maroon PR has launched a new division focused on growing its stable of business-centric clients.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWri43D6gIg:mKua7KYX_84:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWri43D6gIg:mKua7KYX_84:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KWri43D6gIg:mKua7KYX_84:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWri43D6gIg:mKua7KYX_84:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KWri43D6gIg:mKua7KYX_84:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KWri43D6gIg:mKua7KYX_84:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
State eyes stimulus for private projects
Posted: May 7th, 2009, 1:09pm EDT
The state is working to help private developers qualify for stimulus funds to jump-start major developments, according to Gregory Bialecki, the state’s undersecretary of business development.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yl0SJJliDNg:6AXKv9RRci8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yl0SJJliDNg:6AXKv9RRci8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Yl0SJJliDNg:6AXKv9RRci8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yl0SJJliDNg:6AXKv9RRci8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Yl0SJJliDNg:6AXKv9RRci8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yl0SJJliDNg:6AXKv9RRci8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wells Fargo hires former BofA exec
Posted: May 7th, 2009, 12:51pm EDT
Wells Fargo amp; Co., which recently acquired Wachovia Corp. of Charlotte, has hired a former Bank of America Corp. executive as head of public-finance investment baking. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E1Dh9TrsRt0:nEC1QU_6zLs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E1Dh9TrsRt0:nEC1QU_6zLs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E1Dh9TrsRt0:nEC1QU_6zLs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E1Dh9TrsRt0:nEC1QU_6zLs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E1Dh9TrsRt0:nEC1QU_6zLs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E1Dh9TrsRt0:nEC1QU_6zLs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
FNF loses $12.4M in 1Q
Posted: May 7th, 2009, 12:30pm EDT
Fidelity National Financial Inc. had a net loss of $12.4 million in the first quarter compared with net earnings of nearly $25.9 million the same time last year. (FNF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EOYPrJRTMSI:qgZ3yLDEHNs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EOYPrJRTMSI:qgZ3yLDEHNs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EOYPrJRTMSI:qgZ3yLDEHNs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EOYPrJRTMSI:qgZ3yLDEHNs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EOYPrJRTMSI:qgZ3yLDEHNs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EOYPrJRTMSI:qgZ3yLDEHNs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Montagu Newhall Associates part of $70M investment in ExactTarget marketing firm
Posted: May 7th, 2009, 11:53am EDT
Montagu Newhall Associates has joined in a $70 million investment in ExactTarget, an e-mail marketing firm that recently canceled a bid for an initial public offering.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8dZrm-qpRz8:D0dlIAPVxbk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8dZrm-qpRz8:D0dlIAPVxbk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8dZrm-qpRz8:D0dlIAPVxbk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8dZrm-qpRz8:D0dlIAPVxbk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8dZrm-qpRz8:D0dlIAPVxbk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8dZrm-qpRz8:D0dlIAPVxbk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
HSBC opens D.C. branch
Posted: May 7th, 2009, 11:43am EDT
HSBC has opened its first retail branch in Georgetown at 1715 Wisconsin Ave. NW.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XvwDaj0VdU8:DUFWVEqZD2U:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XvwDaj0VdU8:DUFWVEqZD2U:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XvwDaj0VdU8:DUFWVEqZD2U:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XvwDaj0VdU8:DUFWVEqZD2U:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XvwDaj0VdU8:DUFWVEqZD2U:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XvwDaj0VdU8:DUFWVEqZD2U:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankUnited sells foreclosure at 64% discount
Posted: May 7th, 2009, 11:22am EDT
BankUnited sold a foreclosure judgment on a Coral Gables apartment building to a St. Louis-based company at a 64 percent discount on the delinquent mortgage amount. (BKUNA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vTVeEfqKeH8:UatvCTAk1C4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vTVeEfqKeH8:UatvCTAk1C4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vTVeEfqKeH8:UatvCTAk1C4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vTVeEfqKeH8:UatvCTAk1C4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vTVeEfqKeH8:UatvCTAk1C4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vTVeEfqKeH8:UatvCTAk1C4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Renaissance owners look at selling suites
Posted: May 7th, 2009, 11:06am EDT
Bondholders who own the Renaissance Grand amp; Suites hotel downtown are evaluating selling the 160-room Suites building as a way to improve profitability.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6gpouhrZpYI:R_D_gD4NHl0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6gpouhrZpYI:R_D_gD4NHl0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6gpouhrZpYI:R_D_gD4NHl0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6gpouhrZpYI:R_D_gD4NHl0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6gpouhrZpYI:R_D_gD4NHl0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6gpouhrZpYI:R_D_gD4NHl0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fifth Third stock leads bank rally ahead of test results
Posted: May 7th, 2009, 10:20am EDT
Fifth Third Bancorp shares jumped 13 percent in Thursday morning trading on an analysts’ upgrade and a general bank stock rally. (FITB) (BAC) (C) (WFC) (GJM) (MS) (RF) (STT) (JPM) (GS) (MET) (AXP) (BK) (COF) (USB) (PNC) (KEY)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:evPRKyFgt94:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:evPRKyFgt94:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yaneCMIOtNE:evPRKyFgt94:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:evPRKyFgt94:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yaneCMIOtNE:evPRKyFgt94:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:evPRKyFgt94:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fifth Third stock jumps ahead of test results
Posted: May 7th, 2009, 10:20am EDT
Fifth Third Bancorp shares jumped 13 percent Thursday, before dropping back to single digits on an analyst's upgrade and the scheduled results of the Treasury Department's bank stress testing. (FITB) (BAC) (C) (WFC) (GJM) (MS) (RF) (STT) (JPM) (GS) (MET) (AXP) (BK) (COF) (USB) (PNC) (KEY)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:ry13nlIlax0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:ry13nlIlax0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yaneCMIOtNE:ry13nlIlax0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:ry13nlIlax0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yaneCMIOtNE:ry13nlIlax0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yaneCMIOtNE:ry13nlIlax0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Western Union to acquire Canada's Custom House Ltd. for $370M
Posted: May 7th, 2009, 10:08am EDT
Western Union Co. has agreed to acquire a Canadian global payments company for $370 million in cash, officials said Thursday. (WU)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XpdDpw8ff_w:Lvc5XzLZuJk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XpdDpw8ff_w:Lvc5XzLZuJk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XpdDpw8ff_w:Lvc5XzLZuJk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XpdDpw8ff_w:Lvc5XzLZuJk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XpdDpw8ff_w:Lvc5XzLZuJk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XpdDpw8ff_w:Lvc5XzLZuJk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ocwen income nearly triples in Q1
Posted: May 7th, 2009, 10:03am EDT
Ocwen Financial Corp. nearly tripled its net income in the first quarter, year-over-year, as it serviced more troubled mortgages and cut operating expenses. (OCN)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=t1quYJhi_TQ:ju9pWuqXwRY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=t1quYJhi_TQ:ju9pWuqXwRY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=t1quYJhi_TQ:ju9pWuqXwRY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=t1quYJhi_TQ:ju9pWuqXwRY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=t1quYJhi_TQ:ju9pWuqXwRY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=t1quYJhi_TQ:ju9pWuqXwRY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Savings Financial buys Community First Financial Group's Indiana operations
Posted: May 7th, 2009, 9:58am EDT
First Savings Financial Group Inc. is acquiring Community First Bank, one of three subsidiaries of Community First Financial Group Inc. (FSFG)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0EvDeHZ4-_c:MFfSr6PUgOI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0EvDeHZ4-_c:MFfSr6PUgOI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0EvDeHZ4-_c:MFfSr6PUgOI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0EvDeHZ4-_c:MFfSr6PUgOI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0EvDeHZ4-_c:MFfSr6PUgOI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0EvDeHZ4-_c:MFfSr6PUgOI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Guaranty Bancorp to raise $50 million in private capital
Posted: May 7th, 2009, 9:57am EDT
Guaranty Bancorp said it will raise $50 million in private capital by selling new preferred stock to three investment firms. (GBNK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6FTE9DzTUZ4:TiUI6SA8xvc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6FTE9DzTUZ4:TiUI6SA8xvc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6FTE9DzTUZ4:TiUI6SA8xvc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6FTE9DzTUZ4:TiUI6SA8xvc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6FTE9DzTUZ4:TiUI6SA8xvc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6FTE9DzTUZ4:TiUI6SA8xvc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BNC Bancorp net income slides
Posted: May 7th, 2009, 9:46am EDT
Thomasville-based BNC Bancorp on Wednesday reported first-quarter earnings of $1.4 million, about an 18 percent drop from its earnings of $1.7 million during the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zs1SmkfYLo0:ZjkhsB2gG2s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zs1SmkfYLo0:ZjkhsB2gG2s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zs1SmkfYLo0:ZjkhsB2gG2s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zs1SmkfYLo0:ZjkhsB2gG2s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zs1SmkfYLo0:ZjkhsB2gG2s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zs1SmkfYLo0:ZjkhsB2gG2s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
R.H. Donnelley continues to hemorrhage, loses $401M
Posted: May 7th, 2009, 9:15am EDT
Yellow Pages publisher R.H. Donnelley Corp. continues to bleed customers and red ink, the Cary company revealed Thursday in its first quarter earnings release.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YUmx1KPPJqk:-SW_6ORd8r0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YUmx1KPPJqk:-SW_6ORd8r0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YUmx1KPPJqk:-SW_6ORd8r0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YUmx1KPPJqk:-SW_6ORd8r0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YUmx1KPPJqk:-SW_6ORd8r0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YUmx1KPPJqk:-SW_6ORd8r0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Standard Poor's lowers UPMC long-term bond rating to A+
Posted: May 7th, 2009, 8:59am EDT
Shrinking margins and increasing debt has prompted Standard amp; Poor’s to lower its long-term bond rating to A+ from AA- for the University of Pittsburgh Medical Center, according to the rating agency.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DTnZEtreaWQ:u9YXkurFQ9o:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DTnZEtreaWQ:u9YXkurFQ9o:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DTnZEtreaWQ:u9YXkurFQ9o:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DTnZEtreaWQ:u9YXkurFQ9o:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DTnZEtreaWQ:u9YXkurFQ9o:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DTnZEtreaWQ:u9YXkurFQ9o:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
World Bank adviser Paul Dietrich to speak at Louisville forum
Posted: May 7th, 2009, 8:54am EDT
International development guru and fund manager Paul Dietrich is coming to Louisville for an address to a forum sponsored by Investment Advisers International, a member of the Netherlands-based Aegon Group.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HbYDxYSQzO4:DzjuO2yWxMc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HbYDxYSQzO4:DzjuO2yWxMc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HbYDxYSQzO4:DzjuO2yWxMc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HbYDxYSQzO4:DzjuO2yWxMc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HbYDxYSQzO4:DzjuO2yWxMc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HbYDxYSQzO4:DzjuO2yWxMc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Boston Private Bank's deposits jumped 9% in Q1
Posted: May 7th, 2009, 8:44am EDT
Boston Private Bank amp; Trust Co. saw deposits in the first quarter rise 9 percent to $2 billion from a year ago as the lender’s solid balance sheet continues to attract new business.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bO0r4eIWUZM:sGLw4e_1x4A:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bO0r4eIWUZM:sGLw4e_1x4A:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bO0r4eIWUZM:sGLw4e_1x4A:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bO0r4eIWUZM:sGLw4e_1x4A:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bO0r4eIWUZM:sGLw4e_1x4A:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bO0r4eIWUZM:sGLw4e_1x4A:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Continucare Q3 revenue up 14%
Posted: May 7th, 2009, 8:31am EDT
Continucare Corp. said revenue for the third quarter ended March 31 rose 14 percent, to $75.4 million from $65.9 million for the same period last year. Net income rose 18 percent, to $4.3 million from $3.7 million for the prior-year period. (CNU)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2a0yT6L9Nbc:YbE_Ruww8IQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2a0yT6L9Nbc:YbE_Ruww8IQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2a0yT6L9Nbc:YbE_Ruww8IQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2a0yT6L9Nbc:YbE_Ruww8IQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2a0yT6L9Nbc:YbE_Ruww8IQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2a0yT6L9Nbc:YbE_Ruww8IQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Miami bad loans up 171%
Posted: May 7th, 2009, 8:03am EDT
Bank of Miami received a $5 million capital contribution from its holding company that could help it weather a storm of late and unpaid loans, which rose 171 percent in the first quarter, compared to the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yS8ezOPkE2c:Z15qvJfUA1w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yS8ezOPkE2c:Z15qvJfUA1w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yS8ezOPkE2c:Z15qvJfUA1w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yS8ezOPkE2c:Z15qvJfUA1w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yS8ezOPkE2c:Z15qvJfUA1w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yS8ezOPkE2c:Z15qvJfUA1w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Boulevard Wealth Management opens doors
Posted: May 7th, 2009, 5:53am EDT
Boulevard Wealth Management has opened at Chandler’s Fulton Ranch Promenade.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cyl0hwQW_mU:h-I-eR51WEw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cyl0hwQW_mU:h-I-eR51WEw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Cyl0hwQW_mU:h-I-eR51WEw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cyl0hwQW_mU:h-I-eR51WEw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Cyl0hwQW_mU:h-I-eR51WEw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cyl0hwQW_mU:h-I-eR51WEw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SDCmaterials gets $14 million in venture funding
Posted: May 6th, 2009, 7:22pm EDT
SDCmaterials Inc. received $14 million in venture capital this week from three firms and several individualsdiv class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SFknQmlnpRM:qEsywW1MgLw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SFknQmlnpRM:qEsywW1MgLw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SFknQmlnpRM:qEsywW1MgLw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SFknQmlnpRM:qEsywW1MgLw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SFknQmlnpRM:qEsywW1MgLw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SFknQmlnpRM:qEsywW1MgLw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
National Bank of Arizona partners with SolarCity, First Solar
Posted: May 6th, 2009, 6:27pm EDT
National Bank of Arizona Wednesday announced a partnership with SolarCity and First Solar Inc. to build a 222-kilowatt solar system to be mounted on carports at the bank’s headquarters in Phoenix.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VnRCzPQKrL4:rXaRjmJwonk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VnRCzPQKrL4:rXaRjmJwonk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VnRCzPQKrL4:rXaRjmJwonk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VnRCzPQKrL4:rXaRjmJwonk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VnRCzPQKrL4:rXaRjmJwonk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VnRCzPQKrL4:rXaRjmJwonk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
US Airways announces $150M stock-debt offering
Posted: May 6th, 2009, 6:13pm EDT
US Airways Group Inc. is looking to raise $150 million from an offering of common stock and notes. (LCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XFIYvfv_QP4:Qt6i3N0oToM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XFIYvfv_QP4:Qt6i3N0oToM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XFIYvfv_QP4:Qt6i3N0oToM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XFIYvfv_QP4:Qt6i3N0oToM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XFIYvfv_QP4:Qt6i3N0oToM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XFIYvfv_QP4:Qt6i3N0oToM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Business Bank parent profit down
Posted: May 6th, 2009, 5:27pm EDT
Business Bancshares Inc., parent holding company for The Business Bank of St. Louis, said Wednesday that its profit dropped nearly 11 percent in the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iNE8K4Xeq_k:UPmnQJ2LU8c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iNE8K4Xeq_k:UPmnQJ2LU8c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iNE8K4Xeq_k:UPmnQJ2LU8c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iNE8K4Xeq_k:UPmnQJ2LU8c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iNE8K4Xeq_k:UPmnQJ2LU8c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iNE8K4Xeq_k:UPmnQJ2LU8c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank stocks drive Wall Street even higher
Posted: May 6th, 2009, 5:07pm EDT
With some results of the government’s stress test leaking early, financial stocks helped lead the market to a 100-point gain Wednesday. (FITB) (FFBC) (USB) (HBAN) (KEY) (PNC) (JPM)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Jbk9BTcshkI:_c7SQv6jJPo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Jbk9BTcshkI:_c7SQv6jJPo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Jbk9BTcshkI:_c7SQv6jJPo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Jbk9BTcshkI:_c7SQv6jJPo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Jbk9BTcshkI:_c7SQv6jJPo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Jbk9BTcshkI:_c7SQv6jJPo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Reports: Wells Fargo needs $15B capital boost following ‘stress test’
Posted: May 6th, 2009, 4:51pm EDT
Wells Fargo Co., Colorado’s largest bank, will need $15 billion in new capital, according to news reports on the U.S. Treasury Department “stress tests” of 19 large banks and other financial firms that are slated to be released Thursday. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:zSU69AXewQ8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:zSU69AXewQ8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FU7QrgKiM4Y:zSU69AXewQ8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:zSU69AXewQ8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FU7QrgKiM4Y:zSU69AXewQ8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:zSU69AXewQ8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Reports: Wells Fargo needs capital boost following ‘stress test’
Posted: May 6th, 2009, 4:51pm EDT
Wells Fargo amp; Co., Colorado’s largest bank, will need $15 billion in new capital, according to news reports on the U.S. Treasury Department “stress tests” of 19 large banks and other financial firms that are slated to be released Thursday. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:osuRP-Tckcw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:osuRP-Tckcw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FU7QrgKiM4Y:osuRP-Tckcw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:osuRP-Tckcw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FU7QrgKiM4Y:osuRP-Tckcw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FU7QrgKiM4Y:osuRP-Tckcw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
S.F. nonprofit starts water plan contest
Posted: May 6th, 2009, 4:37pm EDT
In an effort to drive innovation in solving global water problems, a San Francisco nonprofit has launched a business plan competition for breakthrough technologies in water efficiency.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7f-c5pZUrz8:JBOpgvGAdwE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7f-c5pZUrz8:JBOpgvGAdwE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7f-c5pZUrz8:JBOpgvGAdwE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7f-c5pZUrz8:JBOpgvGAdwE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7f-c5pZUrz8:JBOpgvGAdwE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7f-c5pZUrz8:JBOpgvGAdwE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Solutia widens loss, idles plant
Posted: May 6th, 2009, 4:34pm EDT
Solutia Inc. widened its loss in the first quarter as demand for chemicals dropped. (SOA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RJCSb9USyRk:w8TxYIVcHHo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RJCSb9USyRk:w8TxYIVcHHo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RJCSb9USyRk:w8TxYIVcHHo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RJCSb9USyRk:w8TxYIVcHHo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RJCSb9USyRk:w8TxYIVcHHo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RJCSb9USyRk:w8TxYIVcHHo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
US Airways to launch share offering
Posted: May 6th, 2009, 3:34pm EDT
US Airways Group Inc. intends to offer 15.2 million shares of its common stock, in addition to $75 million of its convertible senior notes due 2014. (LCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LWx1PX2lEe8:nqKgBplFlVY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LWx1PX2lEe8:nqKgBplFlVY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LWx1PX2lEe8:nqKgBplFlVY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LWx1PX2lEe8:nqKgBplFlVY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LWx1PX2lEe8:nqKgBplFlVY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LWx1PX2lEe8:nqKgBplFlVY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Nektar narrows Q1 loss to $31.8M
Posted: May 6th, 2009, 3:25pm EDT
Nektar Therapeutics Inc. on Wednesday reported a first quarter loss of $31.8 million, or 34 cents a share, compared to a loss of $40.7 million, or 44 cents a share in the first quarter of 2008. (NKTR)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VXYffr62x9o:kzvAJozGadQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VXYffr62x9o:kzvAJozGadQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VXYffr62x9o:kzvAJozGadQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VXYffr62x9o:kzvAJozGadQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VXYffr62x9o:kzvAJozGadQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VXYffr62x9o:kzvAJozGadQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Chase lends Californians $6.8 billion in Q1
Posted: May 6th, 2009, 3:22pm EDT
J.P. Morgan Chase said Wednesday that it made more than 400,000 new loans and credit lines totaling about $6.8 billion to individuals and businesses across California in the first quarter. (JPM)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v5qxU6a1Q-0:3_B3KFRexzA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v5qxU6a1Q-0:3_B3KFRexzA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v5qxU6a1Q-0:3_B3KFRexzA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v5qxU6a1Q-0:3_B3KFRexzA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v5qxU6a1Q-0:3_B3KFRexzA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v5qxU6a1Q-0:3_B3KFRexzA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
JPMorgan Chase approves $6.4 billion in loans, credit in Texas
Posted: May 6th, 2009, 3:17pm EDT
JPMorgan Chase extended more than 300,000 new loans and lines of credit totaling almost $6.4 billion to individuals and businesses throughout Texas during the first quarter of this year. (JPM)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ijT5thW3W0c:cmHLRJZJiCI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ijT5thW3W0c:cmHLRJZJiCI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ijT5thW3W0c:cmHLRJZJiCI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ijT5thW3W0c:cmHLRJZJiCI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ijT5thW3W0c:cmHLRJZJiCI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ijT5thW3W0c:cmHLRJZJiCI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Horton to issue $400 million in convertible notes
Posted: May 6th, 2009, 2:57pm EDT
D.R. Horton Inc. (NYSE:DHI) has announced that it plans to raise $400 million by offering senior convertible notes, due in 2014. (DHI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1PB8h3RWngA:ZjmsP1vyxEI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1PB8h3RWngA:ZjmsP1vyxEI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1PB8h3RWngA:ZjmsP1vyxEI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1PB8h3RWngA:ZjmsP1vyxEI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1PB8h3RWngA:ZjmsP1vyxEI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1PB8h3RWngA:ZjmsP1vyxEI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
CalPERS pushes for Hospitality board change
Posted: May 6th, 2009, 2:57pm EDT
The California Public Employees’ Retirement System got the support of four large proxy advisory services to urge the board of directors of Hospitality Properties Trust to change its board structure.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7IzWU-pyLLQ:WeRGaSKUgXk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7IzWU-pyLLQ:WeRGaSKUgXk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7IzWU-pyLLQ:WeRGaSKUgXk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7IzWU-pyLLQ:WeRGaSKUgXk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7IzWU-pyLLQ:WeRGaSKUgXk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7IzWU-pyLLQ:WeRGaSKUgXk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Austin event planning firms merge
Posted: May 6th, 2009, 2:51pm EDT
Two rival Austin event planning companies, Clink Events and Soiree, have joined forces.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhIxbsbmiX8:kJKkuGTRB5o:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhIxbsbmiX8:kJKkuGTRB5o:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dhIxbsbmiX8:kJKkuGTRB5o:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhIxbsbmiX8:kJKkuGTRB5o:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dhIxbsbmiX8:kJKkuGTRB5o:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dhIxbsbmiX8:kJKkuGTRB5o:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Gen Cap raises $165M for new fund
Posted: May 6th, 2009, 2:48pm EDT
Gen Cap America Inc., a private equity firm in Nashville, has raised $165 million for its latest buyout fund, Southvest Fund VI.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3A287w8zM_4:hbouKzS_Bzo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3A287w8zM_4:hbouKzS_Bzo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3A287w8zM_4:hbouKzS_Bzo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3A287w8zM_4:hbouKzS_Bzo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3A287w8zM_4:hbouKzS_Bzo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3A287w8zM_4:hbouKzS_Bzo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SRP call center gets J.D. Power award
Posted: May 6th, 2009, 2:34pm EDT
Salt River Project’s call center has been recognized for the fourth consecutive year with an excellence rating from J.D. Power and Associates Certified Call Center Program.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=g80HXX8a0gM:HL0ZzJEyKxY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=g80HXX8a0gM:HL0ZzJEyKxY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=g80HXX8a0gM:HL0ZzJEyKxY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=g80HXX8a0gM:HL0ZzJEyKxY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=g80HXX8a0gM:HL0ZzJEyKxY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=g80HXX8a0gM:HL0ZzJEyKxY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Thomas Properties swings to Q1 loss
Posted: May 6th, 2009, 2:28pm EDT
a href="http://www.bizjournals.com/austin/gen/Thomas_Properties_Group_Inc._F62213CD85BB4E47BA79F5378AE40EFE.html"strongThomas Properties Group Inc./strong/a was in the red in the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2uFw-FNcaFg:0SXmw8drdqU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2uFw-FNcaFg:0SXmw8drdqU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2uFw-FNcaFg:0SXmw8drdqU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2uFw-FNcaFg:0SXmw8drdqU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2uFw-FNcaFg:0SXmw8drdqU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2uFw-FNcaFg:0SXmw8drdqU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Atlanta Equity buys Richmond Cold Storage
Posted: May 6th, 2009, 2:21pm EDT
An affiliate of Atlanta Equity Fund LP bought Richmond Cold Storage Co., which oversees 49 million cubic feet of refrigerated warehouse space from Virginia to Alabama.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kJ4fbgQncqA:-4LMb0OqIDY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kJ4fbgQncqA:-4LMb0OqIDY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kJ4fbgQncqA:-4LMb0OqIDY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kJ4fbgQncqA:-4LMb0OqIDY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kJ4fbgQncqA:-4LMb0OqIDY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kJ4fbgQncqA:-4LMb0OqIDY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank stress test results expected Thursday
Posted: May 6th, 2009, 1:55pm EDT
Stress test results rumors are accelerating as the Treasury Department prepares to reveal findings about the strength and sustainability of the nation’s 19 largest banks late Thursday. PNC Financial Services Group Inc. and Bank of New York Mellon Corp., Pittsburgh’s two largest banks according to deposits, are among the 19 being measured to determine if they could withstand a worsening economy. (BK) (PNC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2--IDOR77-A:Cjq_-2SZbXI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2--IDOR77-A:Cjq_-2SZbXI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2--IDOR77-A:Cjq_-2SZbXI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2--IDOR77-A:Cjq_-2SZbXI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2--IDOR77-A:Cjq_-2SZbXI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2--IDOR77-A:Cjq_-2SZbXI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
North American Savings Bank parent’s profit jumps
Posted: May 6th, 2009, 11:51am EDT
NASB Financial Inc. saw a 68.6 percent increase in earnings for the first quarter compared with the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oIt3sk4HvCE:6BPbCBRzWUk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oIt3sk4HvCE:6BPbCBRzWUk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oIt3sk4HvCE:6BPbCBRzWUk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oIt3sk4HvCE:6BPbCBRzWUk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oIt3sk4HvCE:6BPbCBRzWUk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oIt3sk4HvCE:6BPbCBRzWUk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
AVI BioPharma gets contract for study
Posted: May 6th, 2009, 11:40am EDT
AVI BioPharma, Inc. announced Wednesday a $2.5 million contract with Children’s National Medical Center in Washington, D.C., to support preclinical studies in the development of AVI-4658 for treatment of Duchenne muscular dystrophy. (AVII)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=94VLHt64kn0:aGO3CmaF5U0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=94VLHt64kn0:aGO3CmaF5U0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=94VLHt64kn0:aGO3CmaF5U0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=94VLHt64kn0:aGO3CmaF5U0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=94VLHt64kn0:aGO3CmaF5U0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=94VLHt64kn0:aGO3CmaF5U0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wachovia to pay $157M to Colorado investors
Posted: May 6th, 2009, 11:28am EDT
Colorado investors will receive $157 million in a settlement between state regulators and Wachovia Securities LLC and Wachovia Capital Markets LLC, Colorado Securities Commissioner Fred Joseph said Wednesday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTTsSAcr25k:dHcaNfRqcqg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTTsSAcr25k:dHcaNfRqcqg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lTTsSAcr25k:dHcaNfRqcqg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTTsSAcr25k:dHcaNfRqcqg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lTTsSAcr25k:dHcaNfRqcqg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTTsSAcr25k:dHcaNfRqcqg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankUnited meeting triggered by lawsuit
Posted: May 6th, 2009, 11:18am EDT
Monday’s hastily called BankUnited Financial Corp. meeting was the result of a court order after former BankUnited board member and Senior VP Lauren Camner Winter filed a lawsuit. (BKUNA)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ok6vK2Up4cg:7REYfjqujmo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ok6vK2Up4cg:7REYfjqujmo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ok6vK2Up4cg:7REYfjqujmo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ok6vK2Up4cg:7REYfjqujmo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ok6vK2Up4cg:7REYfjqujmo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ok6vK2Up4cg:7REYfjqujmo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hartford gets Federal Trust extension
Posted: May 6th, 2009, 11:02am EDT
The U.S. Office of Thrift Supervision has granted Hartford Financial Services an extension until June 30 to complete its purchase of Federal Trust Bank of Sanford.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jeC6CTNW39Q:SHV4YxeRTlA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jeC6CTNW39Q:SHV4YxeRTlA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jeC6CTNW39Q:SHV4YxeRTlA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jeC6CTNW39Q:SHV4YxeRTlA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jeC6CTNW39Q:SHV4YxeRTlA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jeC6CTNW39Q:SHV4YxeRTlA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Associated Bank to defer mortgage payments up to 12 months for unemployed customers
Posted: May 6th, 2009, 10:56am EDT
Associated Bank announced Wednesday it will allow certain unemployed customers to defer their monthly mortgage payment for up to 12 months.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyjs2m0WBSI:wNMZkb5UTZ4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyjs2m0WBSI:wNMZkb5UTZ4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xyjs2m0WBSI:wNMZkb5UTZ4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyjs2m0WBSI:wNMZkb5UTZ4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xyjs2m0WBSI:wNMZkb5UTZ4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyjs2m0WBSI:wNMZkb5UTZ4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sapient Financial ramping up local sales staff
Posted: May 6th, 2009, 10:07am EDT
Massachusetts Mutual Life Insurance Co. (MassMutual) plans to add 2,000 full-time jobs during 2009 nationwide.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8YEh72beXP8:NM89fUnnjMU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8YEh72beXP8:NM89fUnnjMU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8YEh72beXP8:NM89fUnnjMU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8YEh72beXP8:NM89fUnnjMU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8YEh72beXP8:NM89fUnnjMU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8YEh72beXP8:NM89fUnnjMU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Huntington, state create $1B biz loan program
Posted: May 6th, 2009, 8:52am EDT
Huntington Bancshares Inc. and state government are hoping to thaw a frozen credit market with a three-year partnership that will see the bank putting up $1 billion in new loans. (HBAN)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TiwmXLZeIcM:0wRGZ-ytuL0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TiwmXLZeIcM:0wRGZ-ytuL0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TiwmXLZeIcM:0wRGZ-ytuL0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TiwmXLZeIcM:0wRGZ-ytuL0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TiwmXLZeIcM:0wRGZ-ytuL0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TiwmXLZeIcM:0wRGZ-ytuL0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Associated mortgage program to aid unemployed
Posted: May 6th, 2009, 8:38am EDT
Associated Bank has added a new component to its mortgage modification program that will defer up to 12 months of payments for unemployed mortgage holders. (ASBC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sA3u27qgv5Y:8J2u7Y7jxYA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sA3u27qgv5Y:8J2u7Y7jxYA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sA3u27qgv5Y:8J2u7Y7jxYA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sA3u27qgv5Y:8J2u7Y7jxYA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sA3u27qgv5Y:8J2u7Y7jxYA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sA3u27qgv5Y:8J2u7Y7jxYA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TNS revenue falls 10.5%
Posted: May 6th, 2009, 7:29am EDT
TNS Inc. recently acquired a caller ID unit from VeriSign Inc., and could use the added sales. (TNS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sThnQSO-rT8:UIyxu2_XXVU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sThnQSO-rT8:UIyxu2_XXVU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sThnQSO-rT8:UIyxu2_XXVU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sThnQSO-rT8:UIyxu2_XXVU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sThnQSO-rT8:UIyxu2_XXVU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sThnQSO-rT8:UIyxu2_XXVU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sterling Bancshares pays back TARP
Posted: May 6th, 2009, 7:03am EDT
Sterling Bancshares Inc. has become the first Houston-based bank to repay its injection of capital received from the U.S. Treasury in late 2008. (SBIB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SroCgzOF6aE:boOgfOKf2EI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SroCgzOF6aE:boOgfOKf2EI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SroCgzOF6aE:boOgfOKf2EI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SroCgzOF6aE:boOgfOKf2EI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SroCgzOF6aE:boOgfOKf2EI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SroCgzOF6aE:boOgfOKf2EI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report: BofA needs $34 billion
Posted: May 5th, 2009, 11:24pm EDT
Shares in a href="http://www.bizjournals.com/charlotte/gen/Bank_of_America_Corp._22E9AB29254A4BF98416ACF8BF2BC963.html"strongBank of America Corp./strong/a rose Wednesday after reports surfaced that the bank may need as much as $33.9 billion in capital to withstand the economic downturn. (BAC) (C)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=da0XVW_SbT0:E8EeGWd3p8Q:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=da0XVW_SbT0:E8EeGWd3p8Q:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=da0XVW_SbT0:E8EeGWd3p8Q:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=da0XVW_SbT0:E8EeGWd3p8Q:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=da0XVW_SbT0:E8EeGWd3p8Q:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=da0XVW_SbT0:E8EeGWd3p8Q:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Report: BofA needs $34 billion
Posted: May 5th, 2009, 11:14pm EDT
Shares in Bank of America Corp. rose Wednesday after reports surfaced that the bank may need as much as $33.9 billion in capital to withstand the economic downturn. (BAC) (C)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yk66IKE50WY:bTtkJ2DQq9s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yk66IKE50WY:bTtkJ2DQq9s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Yk66IKE50WY:bTtkJ2DQq9s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yk66IKE50WY:bTtkJ2DQq9s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Yk66IKE50WY:bTtkJ2DQq9s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Yk66IKE50WY:bTtkJ2DQq9s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Border states show no swine flu spike
Posted: May 5th, 2009, 4:23pm EDT
There are 403 cases of swine flu in the U.S., but spread of the influenza appears to have no link to the U.S.-Mexico border.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EGo7B0GjL9U:epl-03Cq8U0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EGo7B0GjL9U:epl-03Cq8U0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EGo7B0GjL9U:epl-03Cq8U0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EGo7B0GjL9U:epl-03Cq8U0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EGo7B0GjL9U:epl-03Cq8U0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EGo7B0GjL9U:epl-03Cq8U0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SBA honors NM small businesses
Posted: May 5th, 2009, 4:22pm EDT
A women-owned security company that has built a niche in Indian Country was named the New Mexico Small Business Person of the Year at the annual Small Business Week Awards.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xWqecVHYOxU:9sL-vLwminc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xWqecVHYOxU:9sL-vLwminc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xWqecVHYOxU:9sL-vLwminc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xWqecVHYOxU:9sL-vLwminc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xWqecVHYOxU:9sL-vLwminc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xWqecVHYOxU:9sL-vLwminc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
D.C. Council approves Metro funding
Posted: May 5th, 2009, 4:18pm EDT
Following similar moves by Maryland and Virginia lawmakers, the D.C. City Council has stepped forward with funding required to get much-needed federal funding for Metro’s aging rail system.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iwb4agqwnMM:ukFVbWbnS4c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iwb4agqwnMM:ukFVbWbnS4c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iwb4agqwnMM:ukFVbWbnS4c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iwb4agqwnMM:ukFVbWbnS4c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=iwb4agqwnMM:ukFVbWbnS4c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=iwb4agqwnMM:ukFVbWbnS4c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Centrue Financial profit down
Posted: May 5th, 2009, 4:16pm EDT
Centrue Financial Corp., parent company of Centrue Bank, said its profit dropped 54 percent in the first quarter due to an increased provision for loan losses and a non-cash impairment charge related to a trust preferred security.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T3zaFWnhU8M:f2rchf-dG_8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T3zaFWnhU8M:f2rchf-dG_8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=T3zaFWnhU8M:f2rchf-dG_8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T3zaFWnhU8M:f2rchf-dG_8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=T3zaFWnhU8M:f2rchf-dG_8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T3zaFWnhU8M:f2rchf-dG_8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
More pleas in housing fraud scheme
Posted: May 5th, 2009, 4:15pm EDT
The cast of characters in an alleged tax fraud scheme involving the head of several Columbus construction businesses continues to grow.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mhKczNFCF8Q:rF7llVnJJoo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mhKczNFCF8Q:rF7llVnJJoo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mhKczNFCF8Q:rF7llVnJJoo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mhKczNFCF8Q:rF7llVnJJoo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mhKczNFCF8Q:rF7llVnJJoo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mhKczNFCF8Q:rF7llVnJJoo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bad loans fuel loss at Riverview
Posted: May 5th, 2009, 3:30pm EDT
Bad real estate loans and foreclosures pushed Riverview Bancorp Inc. into the red in the fourth quarter. (RVSB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rkkEOQ0hSMc:dLtRogjXfFw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rkkEOQ0hSMc:dLtRogjXfFw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rkkEOQ0hSMc:dLtRogjXfFw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rkkEOQ0hSMc:dLtRogjXfFw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rkkEOQ0hSMc:dLtRogjXfFw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rkkEOQ0hSMc:dLtRogjXfFw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
$10M will help expand software sales at nGenera
Posted: May 5th, 2009, 2:07pm EDT
nGenera Corp. has closed on a $10 million Series C round of financing.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=j3TqJOCibzQ:vwJVZR35MWc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=j3TqJOCibzQ:vwJVZR35MWc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=j3TqJOCibzQ:vwJVZR35MWc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=j3TqJOCibzQ:vwJVZR35MWc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=j3TqJOCibzQ:vwJVZR35MWc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=j3TqJOCibzQ:vwJVZR35MWc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Northwestern Mutual agrees to part with White Marsh apartment site
Posted: May 5th, 2009, 1:56pm EDT
Northwestern Mutual Life Inurance Co. has reached a deal to sell its Cambridge Court apartment complex for $65 million to an institutional investor, according to a Baltimore brokerage and state land records.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8CihduXPn0w:bowqvPIvlNg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8CihduXPn0w:bowqvPIvlNg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8CihduXPn0w:bowqvPIvlNg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8CihduXPn0w:bowqvPIvlNg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8CihduXPn0w:bowqvPIvlNg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8CihduXPn0w:bowqvPIvlNg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Texas Capital releases pricing details on stock offering
Posted: May 5th, 2009, 1:14pm EDT
A day after Texas Capital Bancshares Inc. unveiled plans to conduct a public offering of its common stock, the lender announced pricing details for the offering. (TCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OfP3V4vj9rg:u6NW7sDcC6E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OfP3V4vj9rg:u6NW7sDcC6E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=OfP3V4vj9rg:u6NW7sDcC6E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OfP3V4vj9rg:u6NW7sDcC6E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=OfP3V4vj9rg:u6NW7sDcC6E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OfP3V4vj9rg:u6NW7sDcC6E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hartung Bros. selling fertilizer business
Posted: May 5th, 2009, 1:02pm EDT
Hartung Brothers Inc. in Madison has agreed to sell its fertilizer division to The Andersons Inc., an Ohio company with interests in the grain, ethanol and plant nutrient industries.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=exTwVJXmu5A:M0ASZe5fvps:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=exTwVJXmu5A:M0ASZe5fvps:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=exTwVJXmu5A:M0ASZe5fvps:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=exTwVJXmu5A:M0ASZe5fvps:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=exTwVJXmu5A:M0ASZe5fvps:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=exTwVJXmu5A:M0ASZe5fvps:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Colonial BancGroup stock plummets Tuesday
Posted: May 5th, 2009, 12:51pm EDT
Embattled Colonial BancGroup (NYSE:CNB), which encountered more financial struggles during the first quarter, saw its share prices plummet 18 percent at the close of trading Tuesday. (CNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEVdYf7O9K4:08rzicHAtbY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEVdYf7O9K4:08rzicHAtbY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sEVdYf7O9K4:08rzicHAtbY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEVdYf7O9K4:08rzicHAtbY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sEVdYf7O9K4:08rzicHAtbY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sEVdYf7O9K4:08rzicHAtbY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
IntercontinentalExchange net income down
Posted: May 5th, 2009, 12:51pm EDT
Acquisitions and restructuring costs brought IntercontinentalExchange Inc.’s profit down about 22 percent in the first quarter. (ICE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0KkMu6NzY2Y:pw46sg_4B24:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0KkMu6NzY2Y:pw46sg_4B24:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0KkMu6NzY2Y:pw46sg_4B24:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0KkMu6NzY2Y:pw46sg_4B24:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0KkMu6NzY2Y:pw46sg_4B24:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0KkMu6NzY2Y:pw46sg_4B24:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
HEI profits tumble 40% in Q1; bank off 25%
Posted: May 5th, 2009, 12:49pm EDT
Hawaiian Electric Industries’ profits slipped 40 percent in the first quarter. (HE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Io1HPvlMag:Z289taO4jsM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Io1HPvlMag:Z289taO4jsM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Io1HPvlMag:Z289taO4jsM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Io1HPvlMag:Z289taO4jsM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9Io1HPvlMag:Z289taO4jsM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9Io1HPvlMag:Z289taO4jsM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Nicholas Financial profit cut in half
Posted: May 5th, 2009, 12:46pm EDT
A higher provision for credit losses cut Nicholas Financial Inc.’s net income by 51 percent.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zpg9xWrbIhg:_S5y4qhvbZ4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zpg9xWrbIhg:_S5y4qhvbZ4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Zpg9xWrbIhg:_S5y4qhvbZ4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zpg9xWrbIhg:_S5y4qhvbZ4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Zpg9xWrbIhg:_S5y4qhvbZ4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Zpg9xWrbIhg:_S5y4qhvbZ4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Union Credit Bank approved for $2.7M in TARP funds
Posted: May 5th, 2009, 12:43pm EDT
Union Credit Bank has become the first bank in Miami to receive preliminary approval for a financial boost from the federal government.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DwymR4vYLYc:Bq3smBZBcZM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DwymR4vYLYc:Bq3smBZBcZM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DwymR4vYLYc:Bq3smBZBcZM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DwymR4vYLYc:Bq3smBZBcZM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DwymR4vYLYc:Bq3smBZBcZM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DwymR4vYLYc:Bq3smBZBcZM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Old Line Bancshares earnings up 15%
Posted: May 5th, 2009, 11:55am EDT
Old Line Bancshares Inc.’s net income jumped 15 percent, thanks to an increase in net loans last quarter. (OLBK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8-4G-CAVaMk:bXk3D831OXM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8-4G-CAVaMk:bXk3D831OXM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8-4G-CAVaMk:bXk3D831OXM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8-4G-CAVaMk:bXk3D831OXM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8-4G-CAVaMk:bXk3D831OXM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8-4G-CAVaMk:bXk3D831OXM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
American Century opens Hong Kong office
Posted: May 5th, 2009, 11:30am EDT
American Century Investments reached another milestone in its international expansion by opening an Asia Pacific sales office in Hong Kong.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNeP9TQdhlE:dZdRxri9ePo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNeP9TQdhlE:dZdRxri9ePo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VNeP9TQdhlE:dZdRxri9ePo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNeP9TQdhlE:dZdRxri9ePo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VNeP9TQdhlE:dZdRxri9ePo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VNeP9TQdhlE:dZdRxri9ePo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sykes beats Street, lowers ’09 revenue guidance
Posted: May 5th, 2009, 10:48am EDT
Sykes Enterprises Inc. beat Wall Street expectations to report first-quarter net income of $14.8 million, or 36 cents a share, down from $15.7 million, or 38 cents a share, in the year-ago period. (SYKE)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6xf2ldsziE:8fe1SXiMQGk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6xf2ldsziE:8fe1SXiMQGk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6xf2ldsziE:8fe1SXiMQGk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6xf2ldsziE:8fe1SXiMQGk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=G6xf2ldsziE:8fe1SXiMQGk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=G6xf2ldsziE:8fe1SXiMQGk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Capitol Federal Financial’s profit jumps
Posted: May 5th, 2009, 10:46am EDT
Lower interest expense helped Capitol Federal Financial post 55 percent higher second-quarter earnings compared with the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n0FcFDuOIqQ:SzLy2bSzOmA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n0FcFDuOIqQ:SzLy2bSzOmA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=n0FcFDuOIqQ:SzLy2bSzOmA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n0FcFDuOIqQ:SzLy2bSzOmA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=n0FcFDuOIqQ:SzLy2bSzOmA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=n0FcFDuOIqQ:SzLy2bSzOmA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
CoBank net earnings up 7% in Q1
Posted: May 5th, 2009, 10:40am EDT
CoBank's net earnings rose 7 percent in the first quarter, as a decline in agricultural lending was offset by improved margins and growth in export and electric utility-related loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RCo6sCKAooc:4kMox6B-oNQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RCo6sCKAooc:4kMox6B-oNQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RCo6sCKAooc:4kMox6B-oNQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RCo6sCKAooc:4kMox6B-oNQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RCo6sCKAooc:4kMox6B-oNQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RCo6sCKAooc:4kMox6B-oNQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Princor Financial Services to reimburse investors
Posted: May 5th, 2009, 10:36am EDT
Princor Financial Services Corp. has agreed to reimburse eight investors more than $146,000 after it failed to supervise one of its agents, Missouri Secretary of State Robin Carnahan said Tuesday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UavgZifYvD0:ZO6LDOQ5Pfo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UavgZifYvD0:ZO6LDOQ5Pfo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UavgZifYvD0:ZO6LDOQ5Pfo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UavgZifYvD0:ZO6LDOQ5Pfo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UavgZifYvD0:ZO6LDOQ5Pfo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UavgZifYvD0:ZO6LDOQ5Pfo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
American Campus to offer 7M shares
Posted: May 5th, 2009, 10:23am EDT
American Campus Communities Inc. said Tuesday it plans to sell 7 million shares of its common stock in a public offering. (ACC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i-7qJw3a-3Q:X4gfMKdJYWs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i-7qJw3a-3Q:X4gfMKdJYWs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=i-7qJw3a-3Q:X4gfMKdJYWs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i-7qJw3a-3Q:X4gfMKdJYWs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=i-7qJw3a-3Q:X4gfMKdJYWs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=i-7qJw3a-3Q:X4gfMKdJYWs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Burnett, MK Personnel merge
Posted: May 5th, 2009, 10:15am EDT
Houston placements firms Burnett Staffing Specialists and MK Personnel Ltd. have merged.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBY-WvBXcU:cO9kX2PDyE8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBY-WvBXcU:cO9kX2PDyE8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GXBY-WvBXcU:cO9kX2PDyE8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBY-WvBXcU:cO9kX2PDyE8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GXBY-WvBXcU:cO9kX2PDyE8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GXBY-WvBXcU:cO9kX2PDyE8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
GMAC posts $675M loss in 1Q
Posted: May 5th, 2009, 10:12am EDT
GMAC Financial Services reports an increase in first-quarter net losses to $675 million from $589 million a year ago.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VUX4_vLrfMA:tZKPyUn9TeA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VUX4_vLrfMA:tZKPyUn9TeA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VUX4_vLrfMA:tZKPyUn9TeA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VUX4_vLrfMA:tZKPyUn9TeA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VUX4_vLrfMA:tZKPyUn9TeA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VUX4_vLrfMA:tZKPyUn9TeA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
MassMutual recruiting 'dozens' in Denver area
Posted: May 5th, 2009, 9:53am EDT
The Massachusetts Mutual Life Insurance Co. (MassMutual) said it plans to hire "dozens" of new agents in the Denver area as part of a planned addition of 2,000 agents nationwide.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-uiBuokcUSw:LGYZ3g0r7DE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-uiBuokcUSw:LGYZ3g0r7DE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-uiBuokcUSw:LGYZ3g0r7DE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-uiBuokcUSw:LGYZ3g0r7DE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-uiBuokcUSw:LGYZ3g0r7DE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-uiBuokcUSw:LGYZ3g0r7DE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Colonial BancGroup reports $168M Q1 loss
Posted: May 5th, 2009, 9:40am EDT
Colonial BancGroup Inc.’s financial woes continued in the first quarter as the bank reported its fourth-consecutive net loss and failed to meet capital reserve requirements set by federal regulators. (CNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ANYhVqDzoOI:CcRJaX54H3Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ANYhVqDzoOI:CcRJaX54H3Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ANYhVqDzoOI:CcRJaX54H3Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ANYhVqDzoOI:CcRJaX54H3Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ANYhVqDzoOI:CcRJaX54H3Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ANYhVqDzoOI:CcRJaX54H3Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Revenue down, earnings up for Web.com
Posted: May 5th, 2009, 9:25am EDT
Web.com Group Inc. reported a nearly 68 percent increase in earnings in the first quarter, compared to the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mjz-qQ_pBVU:bK94Ev97-Ys:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mjz-qQ_pBVU:bK94Ev97-Ys:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Mjz-qQ_pBVU:bK94Ev97-Ys:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mjz-qQ_pBVU:bK94Ev97-Ys:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Mjz-qQ_pBVU:bK94Ev97-Ys:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mjz-qQ_pBVU:bK94Ev97-Ys:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bio-Imaging Technologies makes tender offer for etrials Worldwide
Posted: May 5th, 2009, 9:17am EDT
Bio-Imaging Technologies Inc. is making a tender offer for shares in etrials Worldwide Inc., both companies said Tuesday. (ETWC) (BITI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zNIfs2YRCu0:ahaWGETOnPY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zNIfs2YRCu0:ahaWGETOnPY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zNIfs2YRCu0:ahaWGETOnPY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zNIfs2YRCu0:ahaWGETOnPY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zNIfs2YRCu0:ahaWGETOnPY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zNIfs2YRCu0:ahaWGETOnPY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Venice parent posts 1Q loss after higher provisions
Posted: May 5th, 2009, 9:15am EDT
TIB Financial Corp. reported a net loss of $4.2 million, or 29 cents a share, for the first quarter of 2009, compared to a loss of $1.4 million, or 11 cents a share, in the same period a year earlier. (TIBB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aEFoZdlQ6Lk:z-rgTg7G7Gc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aEFoZdlQ6Lk:z-rgTg7G7Gc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aEFoZdlQ6Lk:z-rgTg7G7Gc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aEFoZdlQ6Lk:z-rgTg7G7Gc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=aEFoZdlQ6Lk:z-rgTg7G7Gc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=aEFoZdlQ6Lk:z-rgTg7G7Gc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hotel web site DealBase raises $1 million
Posted: May 5th, 2009, 9:04am EDT
Hotel bargain finding site DealBase.com raised $1 million in its first round of venture funding.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sHhjVCC_sFE:VJ9VByYHs84:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sHhjVCC_sFE:VJ9VByYHs84:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sHhjVCC_sFE:VJ9VByYHs84:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sHhjVCC_sFE:VJ9VByYHs84:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sHhjVCC_sFE:VJ9VByYHs84:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sHhjVCC_sFE:VJ9VByYHs84:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Radian loses $217M in 1Q
Posted: May 5th, 2009, 8:38am EDT
Mortgage Insurer Radian Group Inc. said Tuesday it suffered a $217 million first-quarter loss primarily caused by losses on derivatives and a continued increase in mortgage insurance defaults. (RDN)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lchCuTmT_Ho:NJ9iRSOtBBg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lchCuTmT_Ho:NJ9iRSOtBBg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lchCuTmT_Ho:NJ9iRSOtBBg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lchCuTmT_Ho:NJ9iRSOtBBg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lchCuTmT_Ho:NJ9iRSOtBBg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lchCuTmT_Ho:NJ9iRSOtBBg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Florida troubles hurt Colonial BancGroup's bottom line
Posted: May 5th, 2009, 8:35am EDT
Colonial BancGroup’s financial woes continued in the first quarter as the bank reported its fourth-consecutive net loss and failed to meet capital reserve requirements set by federal regulators. (CNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=250FjjtJRTU:nB7q3O5u99w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=250FjjtJRTU:nB7q3O5u99w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=250FjjtJRTU:nB7q3O5u99w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=250FjjtJRTU:nB7q3O5u99w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=250FjjtJRTU:nB7q3O5u99w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=250FjjtJRTU:nB7q3O5u99w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Integra replaces Vea as CEO
Posted: May 5th, 2009, 8:34am EDT
Former Cincinnati banker Michael Vea has been replaced as CEO of Evansville, Ind.-based Integra Bank Corp. and has stepped down from the board. (IBNK) (PCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R25O4vbAZNA:6juJ7Mmb9XU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R25O4vbAZNA:6juJ7Mmb9XU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R25O4vbAZNA:6juJ7Mmb9XU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R25O4vbAZNA:6juJ7Mmb9XU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=R25O4vbAZNA:6juJ7Mmb9XU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=R25O4vbAZNA:6juJ7Mmb9XU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Federal Realty Investment Trust inks $372M refinance
Posted: May 5th, 2009, 7:53am EDT
At a time when many commercial property owners can’t get credit one of the biggest in the Washington area has more than it asked for. (FRT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5WdE8cV3qGM:th-QmzrjKjA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5WdE8cV3qGM:th-QmzrjKjA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5WdE8cV3qGM:th-QmzrjKjA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5WdE8cV3qGM:th-QmzrjKjA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5WdE8cV3qGM:th-QmzrjKjA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5WdE8cV3qGM:th-QmzrjKjA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fewer banks tighten credit
Posted: May 4th, 2009, 7:34pm EDT
Fewer banks are tightening credit standards compared to three months ago, according to the Federal Reserve’s April survey on lending practices to businesses and households.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0QQ1Q4Cai3M:-xwJw2YXAc0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0QQ1Q4Cai3M:-xwJw2YXAc0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0QQ1Q4Cai3M:-xwJw2YXAc0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0QQ1Q4Cai3M:-xwJw2YXAc0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=0QQ1Q4Cai3M:-xwJw2YXAc0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=0QQ1Q4Cai3M:-xwJw2YXAc0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Colonial BancGroup reports $168M loss in 1Q
Posted: May 4th, 2009, 5:58pm EDT
Colonial BancGroup Inc.’s financial woes continued in the first quarter as the bank reported its fourth-consecutive net loss and failed to meet capital reserve requirements set by federal regulators. (CNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VPUpz_e2rW8:Apa8tDpWuv4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VPUpz_e2rW8:Apa8tDpWuv4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VPUpz_e2rW8:Apa8tDpWuv4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VPUpz_e2rW8:Apa8tDpWuv4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VPUpz_e2rW8:Apa8tDpWuv4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VPUpz_e2rW8:Apa8tDpWuv4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
St. Charles Economic Development Center named lender of the year
Posted: May 4th, 2009, 5:12pm EDT
The Economic Development Center of St. Charles County (EDC) has been named the 504 Lender of the Year by the U.S. Small Business Administration.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FIKBfNuwb1Q:-GBvum9Kx-Q:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FIKBfNuwb1Q:-GBvum9Kx-Q:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FIKBfNuwb1Q:-GBvum9Kx-Q:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FIKBfNuwb1Q:-GBvum9Kx-Q:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FIKBfNuwb1Q:-GBvum9Kx-Q:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FIKBfNuwb1Q:-GBvum9Kx-Q:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Facet Bio shareholder withdraws slate
Posted: May 4th, 2009, 4:55pm EDT
A dissident shareholder of Facet Biotech Corp. (NASDAQ: FACT) — the spinout of PDL BioPharma — withdrew his slate of directors for election at the company’s annual meeting. (FACT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=x3NsnSiAVPQ:uL-LuYaNIC0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=x3NsnSiAVPQ:uL-LuYaNIC0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=x3NsnSiAVPQ:uL-LuYaNIC0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=x3NsnSiAVPQ:uL-LuYaNIC0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=x3NsnSiAVPQ:uL-LuYaNIC0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=x3NsnSiAVPQ:uL-LuYaNIC0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Doyle seeks Obama support for Kenosha jobs
Posted: May 4th, 2009, 4:41pm EDT
Gov. Jim Doyle on Monday sent a letter to President Barack Obama saying Chrysler LLC should amend its bankruptcy plan to keep the Kenosha engine plant in operation.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B3GrPx5yfNw:EtM4GOQaq-E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B3GrPx5yfNw:EtM4GOQaq-E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=B3GrPx5yfNw:EtM4GOQaq-E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B3GrPx5yfNw:EtM4GOQaq-E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=B3GrPx5yfNw:EtM4GOQaq-E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B3GrPx5yfNw:EtM4GOQaq-E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Texas Capital planning stock offering to repay TARP
Posted: May 4th, 2009, 4:35pm EDT
Texas Capital Bancshares Inc. is planning a public offering of 3.5 million shares of common stock. (TCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=IHA1Yw-G5Us:iuzehbcY94I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=IHA1Yw-G5Us:iuzehbcY94I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=IHA1Yw-G5Us:iuzehbcY94I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=IHA1Yw-G5Us:iuzehbcY94I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=IHA1Yw-G5Us:iuzehbcY94I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=IHA1Yw-G5Us:iuzehbcY94I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Former Interior Secretary Kempthorne joins FMC board
Posted: May 4th, 2009, 4:15pm EDT
Chemical company FMC Corp. said Monday that former Interior Secretary Dirk A. Kempthorne has joined FMC’s board of directors. (FMC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GkpDmAwO37I:ET0rOYLCtLA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GkpDmAwO37I:ET0rOYLCtLA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GkpDmAwO37I:ET0rOYLCtLA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GkpDmAwO37I:ET0rOYLCtLA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GkpDmAwO37I:ET0rOYLCtLA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GkpDmAwO37I:ET0rOYLCtLA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
American Financial earnings, stock soar
Posted: May 4th, 2009, 4:03pm EDT
American Financial Group Inc.’s first-quarter profits jumped 37 percent, thanks mostly to lower realized investment losses, and its stock followed suit. (AFG)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HxmgCPFZmBQ:feMdJE43L5I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HxmgCPFZmBQ:feMdJE43L5I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HxmgCPFZmBQ:feMdJE43L5I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HxmgCPFZmBQ:feMdJE43L5I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HxmgCPFZmBQ:feMdJE43L5I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HxmgCPFZmBQ:feMdJE43L5I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
U.S. Century Bank’s profit down as bad loans spike 134%
Posted: May 4th, 2009, 3:53pm EDT
U.S. Century Bank’s bad loans increased by 134 percent in the first quarter, compared to the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=82wXj5BR4zw:AM7babufVqI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=82wXj5BR4zw:AM7babufVqI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=82wXj5BR4zw:AM7babufVqI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=82wXj5BR4zw:AM7babufVqI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=82wXj5BR4zw:AM7babufVqI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=82wXj5BR4zw:AM7babufVqI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Tollgrade sells cable product line
Posted: May 4th, 2009, 3:34pm EDT
A private equity investor group has purchased a cable product line from Tollgrade Communications Inc., the company announced Monday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v43MENeOcY0:LyI5WTtu-UM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v43MENeOcY0:LyI5WTtu-UM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v43MENeOcY0:LyI5WTtu-UM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v43MENeOcY0:LyI5WTtu-UM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=v43MENeOcY0:LyI5WTtu-UM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=v43MENeOcY0:LyI5WTtu-UM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Texas Capital plans stock offering, will repay TARP money
Posted: May 4th, 2009, 3:31pm EDT
Texas Capital Bancshares Inc. said Monday it plans to issue 3.5 million shares of stock to raise funds and pay back TARP money it received in early January. (TCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PthhRxT29K0:ESNQnr00-do:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PthhRxT29K0:ESNQnr00-do:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PthhRxT29K0:ESNQnr00-do:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PthhRxT29K0:ESNQnr00-do:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PthhRxT29K0:ESNQnr00-do:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PthhRxT29K0:ESNQnr00-do:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
AP Report: Wells urged to raise more money
Posted: May 4th, 2009, 2:41pm EDT
The Associated Press reported Monday that regulators are pressing Wells Fargo amp; Co. to raise more money to protect it from a more serious recession. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kPgK-NGGF50:WAth6yarW2s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kPgK-NGGF50:WAth6yarW2s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kPgK-NGGF50:WAth6yarW2s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kPgK-NGGF50:WAth6yarW2s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kPgK-NGGF50:WAth6yarW2s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kPgK-NGGF50:WAth6yarW2s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fifth Third stock jumps after Freddie Mac news
Posted: May 4th, 2009, 2:25pm EDT
Fifth Third Bancorp said Monday that more than $21 million in Freddie Mac loans have been refinanced by its mortgage unit. (FITB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mb9d4cz2u00:tf5FXoYaxFo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mb9d4cz2u00:tf5FXoYaxFo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Mb9d4cz2u00:tf5FXoYaxFo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mb9d4cz2u00:tf5FXoYaxFo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Mb9d4cz2u00:tf5FXoYaxFo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Mb9d4cz2u00:tf5FXoYaxFo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Republic Federal Bank undercapitalized after Q1 loss
Posted: May 4th, 2009, 1:47pm EDT
Miami-based Republic Federal Bank’s capital ratios plummeted to “undercapitalized” status according to regulatory guidelines after it lost $11.5 million in the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wSExDbYGcM0:dPUw7CGarBg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wSExDbYGcM0:dPUw7CGarBg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wSExDbYGcM0:dPUw7CGarBg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wSExDbYGcM0:dPUw7CGarBg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wSExDbYGcM0:dPUw7CGarBg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wSExDbYGcM0:dPUw7CGarBg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
MainSource Financial Group, American Founders Bank complete branch swap
Posted: May 4th, 2009, 1:40pm EDT
MainSource Financial Group, parent company of Main Source Bank, has completed the purchase of three American Founders Bank branches. (MSFG)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dLS3LSAvHsg:9pejZrMh7hs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dLS3LSAvHsg:9pejZrMh7hs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dLS3LSAvHsg:9pejZrMh7hs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dLS3LSAvHsg:9pejZrMh7hs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dLS3LSAvHsg:9pejZrMh7hs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dLS3LSAvHsg:9pejZrMh7hs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mairs and Power comes out for Target in proxy battle
Posted: May 4th, 2009, 12:56pm EDT
Target Corp. institutional investor Mairs and Power Growth Fund said today it plans to vote with Target management on a proxy fight, rejecting a slate of candidates proposed by activist shareholder Bill Ackman, of New York-based Pershing Square. (TGT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xcx9Mf9SUwA:23l4w0KkB-8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xcx9Mf9SUwA:23l4w0KkB-8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xcx9Mf9SUwA:23l4w0KkB-8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xcx9Mf9SUwA:23l4w0KkB-8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xcx9Mf9SUwA:23l4w0KkB-8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xcx9Mf9SUwA:23l4w0KkB-8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
R.G. Barry to pay dividend, cut board size
Posted: May 4th, 2009, 12:24pm EDT
R.G. Barry Corp. is restoring a long-lost dividend to its shareholders. (DFZ)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=goN-LJ5u0gM:hRscJGCzl1s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=goN-LJ5u0gM:hRscJGCzl1s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=goN-LJ5u0gM:hRscJGCzl1s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=goN-LJ5u0gM:hRscJGCzl1s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=goN-LJ5u0gM:hRscJGCzl1s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=goN-LJ5u0gM:hRscJGCzl1s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
D/FW Airport's revenue drops
Posted: May 4th, 2009, 12:06pm EDT
In line with projections, revenue at Dallas/Fort Worth International Airport dropped in the final three months of calendar 2008, the result of both fewer flights and passengers going through the facility.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BpKtwWp9k_k:stAO-_8g5Ow:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BpKtwWp9k_k:stAO-_8g5Ow:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BpKtwWp9k_k:stAO-_8g5Ow:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BpKtwWp9k_k:stAO-_8g5Ow:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BpKtwWp9k_k:stAO-_8g5Ow:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BpKtwWp9k_k:stAO-_8g5Ow:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Helm Bank regains profitability in Q1
Posted: May 4th, 2009, 11:57am EDT
Miami-based Helm Bank flipped to a $464,000 profit in the first quarter, after losing $1.46 million in the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AejPo-kMKhs:bNht_2hTwHU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AejPo-kMKhs:bNht_2hTwHU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AejPo-kMKhs:bNht_2hTwHU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AejPo-kMKhs:bNht_2hTwHU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AejPo-kMKhs:bNht_2hTwHU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AejPo-kMKhs:bNht_2hTwHU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Astrotech changes ticker symbol
Posted: May 4th, 2009, 11:29am EDT
Astrotech Corp., formerly known as Spacehab Inc., has changed its ticker symbol on NASDAQ to “ASTC” beginning Monday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=u_LJ73sE3QA:hAe2Jth880c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=u_LJ73sE3QA:hAe2Jth880c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=u_LJ73sE3QA:hAe2Jth880c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=u_LJ73sE3QA:hAe2Jth880c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=u_LJ73sE3QA:hAe2Jth880c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=u_LJ73sE3QA:hAe2Jth880c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Golden Star Resources secures $30M credit line
Posted: May 4th, 2009, 10:28am EDT
Golden Star Resources Ltd. said Monday it has arranged for a $30 million revolving line of credit with Standard Chartered Bank for working capital and general purposes.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=C-0zt3GWR0g:BON5kbFlYjQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=C-0zt3GWR0g:BON5kbFlYjQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=C-0zt3GWR0g:BON5kbFlYjQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=C-0zt3GWR0g:BON5kbFlYjQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=C-0zt3GWR0g:BON5kbFlYjQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=C-0zt3GWR0g:BON5kbFlYjQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Heavy turnout at First Niagara job fair
Posted: May 4th, 2009, 9:56am EDT
First Niagara Financial Group Inc.’s May 2 jobs fair in Buffalo drew six times the number of hopefuls for the 120 jobs the bank is creating in Erie and Niagara counties. (FNFG)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3p42t3-aksc:DQ2XBKhcgz4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3p42t3-aksc:DQ2XBKhcgz4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3p42t3-aksc:DQ2XBKhcgz4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3p42t3-aksc:DQ2XBKhcgz4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3p42t3-aksc:DQ2XBKhcgz4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3p42t3-aksc:DQ2XBKhcgz4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Air T unit gets $11.5M contract
Posted: May 4th, 2009, 9:13am EDT
The U.S. Air Force has ordered 29 mobile de-icing trucks from a subsidiary of Air T Inc. (AIRT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rcVq4W4KFUw:YexPyABXYp0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rcVq4W4KFUw:YexPyABXYp0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rcVq4W4KFUw:YexPyABXYp0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rcVq4W4KFUw:YexPyABXYp0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rcVq4W4KFUw:YexPyABXYp0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rcVq4W4KFUw:YexPyABXYp0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Money manager completes sale from Lehman
Posted: May 4th, 2009, 9:13am EDT
Employees of Neuberger Berman Group LLC, a money-management business formerly owned by defunct investment bank Lehman Bros. have completed the purchase of their business unit.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KcIv4dAeSzI:brK_RycOY7k:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KcIv4dAeSzI:brK_RycOY7k:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KcIv4dAeSzI:brK_RycOY7k:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KcIv4dAeSzI:brK_RycOY7k:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KcIv4dAeSzI:brK_RycOY7k:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KcIv4dAeSzI:brK_RycOY7k:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mid-Atlantic Credit Union rolls out student loans
Posted: May 4th, 2009, 9:12am EDT
Mid-Atlantic Federal Credit Union has begun offering student loans to members.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wNTysNpttZo:BDpmOhLeRQY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wNTysNpttZo:BDpmOhLeRQY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wNTysNpttZo:BDpmOhLeRQY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wNTysNpttZo:BDpmOhLeRQY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wNTysNpttZo:BDpmOhLeRQY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wNTysNpttZo:BDpmOhLeRQY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mercantil Commercebank returns to profitability in Q1
Posted: May 4th, 2009, 9:02am EDT
Mercantil Commercebank regained its profitability in the first quarter, despite a 36 percent increase in noncurrent loans, compared to the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sb9csUweOh4:BRlyOXzBZXQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sb9csUweOh4:BRlyOXzBZXQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sb9csUweOh4:BRlyOXzBZXQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sb9csUweOh4:BRlyOXzBZXQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sb9csUweOh4:BRlyOXzBZXQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sb9csUweOh4:BRlyOXzBZXQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mellon United falls to red with $9M loss
Posted: May 4th, 2009, 8:58am EDT
Miami-based Mellon United National Bank fell into the red with a $9.4 million loss in the first quarter. It earned $3.4 million in the fourth quarter. (BK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E2SOy0VIPvQ:FQlPD5-6_NI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E2SOy0VIPvQ:FQlPD5-6_NI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E2SOy0VIPvQ:FQlPD5-6_NI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E2SOy0VIPvQ:FQlPD5-6_NI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E2SOy0VIPvQ:FQlPD5-6_NI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E2SOy0VIPvQ:FQlPD5-6_NI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Forsyth Medical introduces home recovery program
Posted: May 4th, 2009, 8:55am EDT
Forsyth Medical Center has launched a new senior care program to help older adult patients recover in their homes after a hospital admission.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y0TkhF_odBc:T2sHzyVMlcM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y0TkhF_odBc:T2sHzyVMlcM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=y0TkhF_odBc:T2sHzyVMlcM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y0TkhF_odBc:T2sHzyVMlcM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=y0TkhF_odBc:T2sHzyVMlcM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=y0TkhF_odBc:T2sHzyVMlcM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Florida – Southeast’s loss narrows in Q1
Posted: May 4th, 2009, 8:52am EDT
The loss narrowed for Fort Lauderdale-based Bank of Florida – Southeast in the first quarter, but it still needed a $250,000 capital contribution from its parent company to remain well capitalized. (BOFL)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JVUCMHtnv2c:nj07-XcxQxE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JVUCMHtnv2c:nj07-XcxQxE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=JVUCMHtnv2c:nj07-XcxQxE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JVUCMHtnv2c:nj07-XcxQxE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=JVUCMHtnv2c:nj07-XcxQxE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=JVUCMHtnv2c:nj07-XcxQxE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BAC Florida Bank slips into red
Posted: May 4th, 2009, 8:48am EDT
BAC Florida Bank slipped into the red with a $489,000 loss in the first quarter, down from a $581,000 profit in the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YVE43Y7vZ00:PLrO2nd5noY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YVE43Y7vZ00:PLrO2nd5noY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YVE43Y7vZ00:PLrO2nd5noY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YVE43Y7vZ00:PLrO2nd5noY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=YVE43Y7vZ00:PLrO2nd5noY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=YVE43Y7vZ00:PLrO2nd5noY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pinnacle Financial charges off $21.5M loan
Posted: May 4th, 2009, 8:45am EDT
Pinnacle Financial Partners Inc. is taking a charge of $21.55 million to cover a loan made to a bank holding company who’s banking subsidiary has gone into receivership.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HtdrAcOsV6g:hXY4_S9ECI4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HtdrAcOsV6g:hXY4_S9ECI4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HtdrAcOsV6g:hXY4_S9ECI4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HtdrAcOsV6g:hXY4_S9ECI4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=HtdrAcOsV6g:hXY4_S9ECI4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=HtdrAcOsV6g:hXY4_S9ECI4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankUnited elects directors, works to stave off takeover
Posted: May 4th, 2009, 8:42am EDT
BankUnited Financial Corp. shareholders elected four board members Monday as the banking company tries to engineer a merger and stave off a regulatory seizure. (BKUNA) (TD) (BX)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H3Sj6bJNJq8:4he11Xszny8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H3Sj6bJNJq8:4he11Xszny8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=H3Sj6bJNJq8:4he11Xszny8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H3Sj6bJNJq8:4he11Xszny8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=H3Sj6bJNJq8:4he11Xszny8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=H3Sj6bJNJq8:4he11Xszny8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Old Florida raises $25M
Posted: May 4th, 2009, 7:58am EDT
Old Florida National Bank in Winter Park raised $25 million in 15 business days as part of a program to expand lending and add locations.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyafLGDOXLg:Gy3x4ymLelQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyafLGDOXLg:Gy3x4ymLelQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xyafLGDOXLg:Gy3x4ymLelQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyafLGDOXLg:Gy3x4ymLelQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=xyafLGDOXLg:Gy3x4ymLelQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=xyafLGDOXLg:Gy3x4ymLelQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Calif. Bank of Commerce sees loan demand down
Posted: May 3rd, 2009, 11:00pm EDT
California Bank of Commerce in Lafayette, as with other banks, is seeing slowing loan growth this year as businesses lose their appetite for borrowing.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gNhoXCXpTcc:DsztePcaNQI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gNhoXCXpTcc:DsztePcaNQI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gNhoXCXpTcc:DsztePcaNQI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gNhoXCXpTcc:DsztePcaNQI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=gNhoXCXpTcc:DsztePcaNQI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=gNhoXCXpTcc:DsztePcaNQI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Prudence pays off for TMG Partners
Posted: May 3rd, 2009, 11:00pm EDT
At the height of the real estate boom in November 2006, TMG Partners and partner AGI Capital pulled off a major coup: a $100 million capital windfall from CalPERS that could be leveraged into $400 million to invest in new housing.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jXRWWHeyTMo:jmLKIuUFhxU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jXRWWHeyTMo:jmLKIuUFhxU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jXRWWHeyTMo:jmLKIuUFhxU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jXRWWHeyTMo:jmLKIuUFhxU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jXRWWHeyTMo:jmLKIuUFhxU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jXRWWHeyTMo:jmLKIuUFhxU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bridging the GAAP: FASB chairman digests possible changes to accounting rules
Posted: May 3rd, 2009, 11:00pm EDT
A few weeks ago, Federal Accounting Standards Board Chairman Robert Herz spent a few days visiting Wake Forest University. While on campus, he met with students and faculty, but also gave a public lecture on the convergence of U.S. Generally Accepted Accounting Principles, or GAAP, with International Financial Reporting Standards, or IFRS.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6ObNgKtzjxw:iRF8IcodyRs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6ObNgKtzjxw:iRF8IcodyRs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6ObNgKtzjxw:iRF8IcodyRs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6ObNgKtzjxw:iRF8IcodyRs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6ObNgKtzjxw:iRF8IcodyRs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6ObNgKtzjxw:iRF8IcodyRs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
DiNapoli: We need ‘The Street,’ less spending
Posted: May 3rd, 2009, 11:00pm EDT
New York must continue to embrace Wall Street, despite the fact that the shaken financial sector and slumping stock markets are central to the state’s financial problems.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9sSaTwU8dLs:9vHToPKNAq0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9sSaTwU8dLs:9vHToPKNAq0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9sSaTwU8dLs:9vHToPKNAq0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9sSaTwU8dLs:9vHToPKNAq0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9sSaTwU8dLs:9vHToPKNAq0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9sSaTwU8dLs:9vHToPKNAq0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Merger of seized Eastern Financial would create giant credit union
Posted: May 3rd, 2009, 11:00pm EDT
Instead of losing its largest credit union, South Florida could wind up with a powerhouse credit union double its size, but making it work could be tricky.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ucX_jiRjp1w:9z3UNnHbBrA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ucX_jiRjp1w:9z3UNnHbBrA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ucX_jiRjp1w:9z3UNnHbBrA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ucX_jiRjp1w:9z3UNnHbBrA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ucX_jiRjp1w:9z3UNnHbBrA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ucX_jiRjp1w:9z3UNnHbBrA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankAtlantic Bancorp loses $42 million as bad loans grow
Posted: May 3rd, 2009, 11:00pm EDT
BankAtlantic Bancorp lost $42.4 million in the first quarter as the number of past-due loans at its BankAtlantic subsidiary increased 30 percent. (BBX)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4LHssEIRAIg:ZTz6D2Q0N74:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4LHssEIRAIg:ZTz6D2Q0N74:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4LHssEIRAIg:ZTz6D2Q0N74:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4LHssEIRAIg:ZTz6D2Q0N74:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4LHssEIRAIg:ZTz6D2Q0N74:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4LHssEIRAIg:ZTz6D2Q0N74:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
DreamIt Ventures makes another go at hatching firms
Posted: May 3rd, 2009, 11:00pm EDT
Like robins, baseball and dandelions, DreamIt Ventures is back.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J0w6ZpVOqRk:U7CMP0Y8g8I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J0w6ZpVOqRk:U7CMP0Y8g8I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J0w6ZpVOqRk:U7CMP0Y8g8I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J0w6ZpVOqRk:U7CMP0Y8g8I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J0w6ZpVOqRk:U7CMP0Y8g8I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J0w6ZpVOqRk:U7CMP0Y8g8I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dividend aristocrats mixed; Cincinnati Financial could lose spot
Posted: May 3rd, 2009, 11:00pm EDT
Investment pros often tout stocks with rising dividends as strong bets to provide solid returns.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yQSk7l9mPE8:3_eVD8JoUpo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yQSk7l9mPE8:3_eVD8JoUpo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yQSk7l9mPE8:3_eVD8JoUpo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yQSk7l9mPE8:3_eVD8JoUpo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yQSk7l9mPE8:3_eVD8JoUpo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yQSk7l9mPE8:3_eVD8JoUpo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Leaders switch jobs at community bank group
Posted: May 3rd, 2009, 11:00pm EDT
For the first time in nearly a decade, the Community Bankers Association of Georgia is undergoing a bit of a re-shuffling.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ITZzu7G5t7o:UmE4CSUf52g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ITZzu7G5t7o:UmE4CSUf52g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ITZzu7G5t7o:UmE4CSUf52g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ITZzu7G5t7o:UmE4CSUf52g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ITZzu7G5t7o:UmE4CSUf52g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ITZzu7G5t7o:UmE4CSUf52g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
FDIC sees no need for new banks in Florida
Posted: May 3rd, 2009, 11:00pm EDT
JACKSONVILLE — The few bankers in Florida with the nerve and money to start a bank in this recession are being thwarted by federal regulators.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D-3k1oO09ns:37g3_sb1lDw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D-3k1oO09ns:37g3_sb1lDw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D-3k1oO09ns:37g3_sb1lDw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D-3k1oO09ns:37g3_sb1lDw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=D-3k1oO09ns:37g3_sb1lDw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=D-3k1oO09ns:37g3_sb1lDw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Low rates drive up mortgages
Posted: May 3rd, 2009, 11:00pm EDT
Low interest rates are creating a mortgage lending boom in the Kansas City area.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PB13Kf2iiWU:jK1E0wXuCcU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PB13Kf2iiWU:jK1E0wXuCcU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PB13Kf2iiWU:jK1E0wXuCcU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PB13Kf2iiWU:jK1E0wXuCcU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=PB13Kf2iiWU:jK1E0wXuCcU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=PB13Kf2iiWU:jK1E0wXuCcU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Friendly bank mergers on the rise
Posted: May 3rd, 2009, 11:00pm EDT
JACKSONVILLE — Some local banks are saving money by merging with sister banks around the state.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4HD68qR8SGE:Idxq6_0DgAI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4HD68qR8SGE:Idxq6_0DgAI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4HD68qR8SGE:Idxq6_0DgAI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4HD68qR8SGE:Idxq6_0DgAI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4HD68qR8SGE:Idxq6_0DgAI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4HD68qR8SGE:Idxq6_0DgAI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SunTrust awaits stress results
Posted: May 3rd, 2009, 11:00pm EDT
For the country’s 19 largest banks, and one in Georgia, the real stress of the economy’s downturn may just be beginning.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X9TypQhFNBc:uSRhm1CE8t8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X9TypQhFNBc:uSRhm1CE8t8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=X9TypQhFNBc:uSRhm1CE8t8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X9TypQhFNBc:uSRhm1CE8t8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=X9TypQhFNBc:uSRhm1CE8t8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=X9TypQhFNBc:uSRhm1CE8t8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sea Island loan slams Synovus
Posted: May 3rd, 2009, 11:00pm EDT
Synovus Financial Corp. has joined a growing group of Georgia banks restructuring loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Lp-0188dGX4:NcKcbcWYePU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Lp-0188dGX4:NcKcbcWYePU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Lp-0188dGX4:NcKcbcWYePU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Lp-0188dGX4:NcKcbcWYePU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Lp-0188dGX4:NcKcbcWYePU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Lp-0188dGX4:NcKcbcWYePU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Investors excited about taxable bond market
Posted: May 3rd, 2009, 11:00pm EDT
Starting in April the municipal bond industry got the equivalent of a gold-producing goose when the first taxable bonds were issued as part of the new Build America Bonds program created with the American Recovery and Reinvestment Act.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xr_h5UpugIg:XHOmBLhCusM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xr_h5UpugIg:XHOmBLhCusM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Xr_h5UpugIg:XHOmBLhCusM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xr_h5UpugIg:XHOmBLhCusM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Xr_h5UpugIg:XHOmBLhCusM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Xr_h5UpugIg:XHOmBLhCusM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
In Wichita, top-level changes at Bank of America still draw interest
Posted: May 3rd, 2009, 11:00pm EDT
The reshuffling of the Bank of America board was watched with interest this week by former Bank IV executives and local shareholders. They have witnessed the company tumble more than a decade after its acquisition of the former Wichita bank giant.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pGgsajLVtaA:03SNSuoDxSo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pGgsajLVtaA:03SNSuoDxSo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pGgsajLVtaA:03SNSuoDxSo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pGgsajLVtaA:03SNSuoDxSo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pGgsajLVtaA:03SNSuoDxSo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pGgsajLVtaA:03SNSuoDxSo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BofA may punt football game’s title sponsorship
Posted: May 3rd, 2009, 11:00pm EDT
Another major Atlanta sporting event could be losing a title sponsor.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TGelh4PEfxs:tOgSvAd2jvg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TGelh4PEfxs:tOgSvAd2jvg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TGelh4PEfxs:tOgSvAd2jvg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TGelh4PEfxs:tOgSvAd2jvg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=TGelh4PEfxs:tOgSvAd2jvg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=TGelh4PEfxs:tOgSvAd2jvg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TARP’s effect on banks’ lending difficult to track
Posted: May 3rd, 2009, 11:00pm EDT
Archie Willis joined the board of directors for Tri-State Bank of Memphis last year after serving one year in an advisory capacity for the minority bank.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3GLLd-4ExY:Vfq0tkG__MY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3GLLd-4ExY:Vfq0tkG__MY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J3GLLd-4ExY:Vfq0tkG__MY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3GLLd-4ExY:Vfq0tkG__MY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=J3GLLd-4ExY:Vfq0tkG__MY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=J3GLLd-4ExY:Vfq0tkG__MY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Community banks manage current lending climate
Posted: May 3rd, 2009, 11:00pm EDT
Even though the industries of some traditionally strong customers are hurting, community banks are growing amid the recession thanks to asset diversification, low exposure to failed investments and federal intervention, particularly with the Troubled Asset Relief Program.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SI1Rp2kIPu8:2r9sjxtVJQQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SI1Rp2kIPu8:2r9sjxtVJQQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SI1Rp2kIPu8:2r9sjxtVJQQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SI1Rp2kIPu8:2r9sjxtVJQQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=SI1Rp2kIPu8:2r9sjxtVJQQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=SI1Rp2kIPu8:2r9sjxtVJQQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Deeper bench: Trio of banks team up for Hewlett-Packard
Posted: May 3rd, 2009, 11:00pm EDT
When the national credit crunch froze lending for many large real estate projects, it directly affected Hewlett-Packard’s plans to open a new service center in Rio Rancho.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MnCJ_Drz8TI:EfKY6Y6URa4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MnCJ_Drz8TI:EfKY6Y6URa4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MnCJ_Drz8TI:EfKY6Y6URa4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MnCJ_Drz8TI:EfKY6Y6URa4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MnCJ_Drz8TI:EfKY6Y6URa4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MnCJ_Drz8TI:EfKY6Y6URa4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Energy fund hits $9 billion peak
Posted: May 3rd, 2009, 11:00pm EDT
A private equity giant active in the global energy sector has melted through frozen credit markets to raise $9 billion for a record fund.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KlJCjwh9-Kg:IoQldhHvycg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KlJCjwh9-Kg:IoQldhHvycg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KlJCjwh9-Kg:IoQldhHvycg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KlJCjwh9-Kg:IoQldhHvycg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KlJCjwh9-Kg:IoQldhHvycg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KlJCjwh9-Kg:IoQldhHvycg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Community in second coming
Posted: May 3rd, 2009, 11:00pm EDT
Four years after selling his first local bank franchise to a national financial giant, Nigel Harrison is set to pick up where he left off in Houston.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Me5znSVmn_g:XkWmKEPXZQE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Me5znSVmn_g:XkWmKEPXZQE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Me5znSVmn_g:XkWmKEPXZQE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Me5znSVmn_g:XkWmKEPXZQE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Me5znSVmn_g:XkWmKEPXZQE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Me5znSVmn_g:XkWmKEPXZQE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TNR Holdings gets final curtain call with acquisition
Posted: May 3rd, 2009, 11:00pm EDT
NCR Corp. has acquired Houston-based TNR Holdings Corp., the second largest DVD kiosk operator in North America, with plans to expand its Blockbuster Express brand.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BqdMoEuckRM:J1RIgG4B15g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BqdMoEuckRM:J1RIgG4B15g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BqdMoEuckRM:J1RIgG4B15g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BqdMoEuckRM:J1RIgG4B15g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BqdMoEuckRM:J1RIgG4B15g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BqdMoEuckRM:J1RIgG4B15g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Banks open arms to jobs
Posted: May 3rd, 2009, 11:00pm EDT
Bay Area banking and finance is emerging as a surprising bright spot.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NirkVmnuouQ:paYdlfibMdU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NirkVmnuouQ:paYdlfibMdU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NirkVmnuouQ:paYdlfibMdU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NirkVmnuouQ:paYdlfibMdU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=NirkVmnuouQ:paYdlfibMdU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=NirkVmnuouQ:paYdlfibMdU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Change costly for E. Boston Savings
Posted: May 3rd, 2009, 11:00pm EDT
East Boston Savings Bank is developing a new leadership team, but the transition has proved to be an expensive one as three senior executives who have left in the past year stand to collect $8.2 million for themselves and their beneficiaries.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m3XfQw8gwuA:3d9URHWh8cA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m3XfQw8gwuA:3d9URHWh8cA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m3XfQw8gwuA:3d9URHWh8cA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m3XfQw8gwuA:3d9URHWh8cA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m3XfQw8gwuA:3d9URHWh8cA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m3XfQw8gwuA:3d9URHWh8cA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Porsche deal involving Bank of America executives prompts ethics concerns
Posted: May 3rd, 2009, 11:00pm EDT
In late 2007, Bank of America Corp. Chief Executive Ken Lewis and Chief Financial Officer Joe Price were flying high, even as wobbly credit markets and a shaky U.S. consumer threatened to undercut their prestige as leaders of the world’s most profitable bank.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uOOaTJ5XfRQ:XYao9T6xA-Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uOOaTJ5XfRQ:XYao9T6xA-Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uOOaTJ5XfRQ:XYao9T6xA-Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uOOaTJ5XfRQ:XYao9T6xA-Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uOOaTJ5XfRQ:XYao9T6xA-Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uOOaTJ5XfRQ:XYao9T6xA-Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Largest lenders set aside $36B for loan losses
Posted: May 3rd, 2009, 11:00pm EDT
Central Florida’s largest commercial banks posted wildly divergent results for first-quarter 2009. In addition, four of them have set aside a combined $36 billion for potential loan losses in the coming months — almost double what they anticipated during the same period last year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_H_N6AJPbCE:5xJFspMM3aI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_H_N6AJPbCE:5xJFspMM3aI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_H_N6AJPbCE:5xJFspMM3aI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_H_N6AJPbCE:5xJFspMM3aI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_H_N6AJPbCE:5xJFspMM3aI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_H_N6AJPbCE:5xJFspMM3aI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Orlando loan defaults climb
Posted: May 3rd, 2009, 11:00pm EDT
Metro Orlando had the nation’s 10th-highest default rate in March on commercial real estate loans — a problem that could drive down other local commercial property values.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GRk-O631QVc:7S4TqkjzvhI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GRk-O631QVc:7S4TqkjzvhI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GRk-O631QVc:7S4TqkjzvhI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GRk-O631QVc:7S4TqkjzvhI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=GRk-O631QVc:7S4TqkjzvhI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=GRk-O631QVc:7S4TqkjzvhI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Small banks get $30 million in TARP funds
Posted: May 3rd, 2009, 11:00pm EDT
The Business Bank of St. Louis this week accepted $15 million under the government’s Troubled Asset Relief Program, money it says it will use for commercial and industrial lending.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VL2uuNruCic:B5VqY5oEVSE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VL2uuNruCic:B5VqY5oEVSE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VL2uuNruCic:B5VqY5oEVSE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VL2uuNruCic:B5VqY5oEVSE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=VL2uuNruCic:B5VqY5oEVSE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=VL2uuNruCic:B5VqY5oEVSE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
New local president of Wells Fargo goes after lost deposits
Posted: May 3rd, 2009, 11:00pm EDT
For several years, Wachovia Bank has been the largest bank by deposits in the Washington area. After a near-death experience last year that led to a $12.7 billion sale to Wells Fargo amp; Co., the merged entity is staging an aggressive comeback locally with new leaders and plans to add at least 200 community and retail banking employees over the next year.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BNvywKQkd5A:T2RX8mza1Rw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BNvywKQkd5A:T2RX8mza1Rw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BNvywKQkd5A:T2RX8mza1Rw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BNvywKQkd5A:T2RX8mza1Rw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=BNvywKQkd5A:T2RX8mza1Rw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=BNvywKQkd5A:T2RX8mza1Rw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Early earnings reports positive sign for region
Posted: May 3rd, 2009, 11:00pm EDT
Two weeks into the earnings season, nine publicly traded local banks have filed their financial statements, and two thirds of them reported strong first quarters.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a-nc4TRGc4c:K5IFB7EBXD0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a-nc4TRGc4c:K5IFB7EBXD0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a-nc4TRGc4c:K5IFB7EBXD0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a-nc4TRGc4c:K5IFB7EBXD0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a-nc4TRGc4c:K5IFB7EBXD0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a-nc4TRGc4c:K5IFB7EBXD0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
PrivateBank: Less private, more commercial
Posted: May 3rd, 2009, 11:00pm EDT
PrivateBank’s hiring of Robert Holmes and his team of Andy Dawson and Tom Harmon from First Bank reunites colleagues from the old LaSalle Bank that signals a shift at PrivateBank from wealth management to more commercial banking.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ejyOPb3K73g:Lw0IYPqzB7s:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ejyOPb3K73g:Lw0IYPqzB7s:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ejyOPb3K73g:Lw0IYPqzB7s:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ejyOPb3K73g:Lw0IYPqzB7s:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ejyOPb3K73g:Lw0IYPqzB7s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ejyOPb3K73g:Lw0IYPqzB7s:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cash-rich First Niagara looks to flex its muscles across state lines
Posted: May 3rd, 2009, 11:00pm EDT
First Niagara Financial Group’s entry into Pennsylvania could be just the first step in its expansion into a Northeast powerhouse.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yqJiKUy1a48:T-r2ld-wHr4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yqJiKUy1a48:T-r2ld-wHr4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yqJiKUy1a48:T-r2ld-wHr4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yqJiKUy1a48:T-r2ld-wHr4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yqJiKUy1a48:T-r2ld-wHr4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yqJiKUy1a48:T-r2ld-wHr4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ralph Hodge
Posted: May 3rd, 2009, 11:00pm EDT
Municipal bonds might not be the sexiest investments out there.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QqzzPZHF_Ws:o_b2XCdVTAM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QqzzPZHF_Ws:o_b2XCdVTAM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QqzzPZHF_Ws:o_b2XCdVTAM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QqzzPZHF_Ws:o_b2XCdVTAM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QqzzPZHF_Ws:o_b2XCdVTAM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QqzzPZHF_Ws:o_b2XCdVTAM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pittsburgh-area entrepreneurs get creative, find ways to expand despite downturn
Posted: May 3rd, 2009, 11:00pm EDT
In September, as the stock market ripped into whiplash mode, Norman Childs opened his sixth Eyetique store and acquired another company he’s converting to a new business model.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4ri6F-X8ifw:vZOej4zfZLE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4ri6F-X8ifw:vZOej4zfZLE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4ri6F-X8ifw:vZOej4zfZLE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4ri6F-X8ifw:vZOej4zfZLE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4ri6F-X8ifw:vZOej4zfZLE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4ri6F-X8ifw:vZOej4zfZLE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
With venture capital money scarce, competition is fierce
Posted: May 3rd, 2009, 11:00pm EDT
Mark Kurtzrock, who joined Metis Secure Solutions as CEO in November, wants to raise $1 million over the next 12 to 18 months.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cXiTJIw0ufk:iof8WpX_cV4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cXiTJIw0ufk:iof8WpX_cV4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cXiTJIw0ufk:iof8WpX_cV4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cXiTJIw0ufk:iof8WpX_cV4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=cXiTJIw0ufk:iof8WpX_cV4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=cXiTJIw0ufk:iof8WpX_cV4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Holding out for higher prices slows private equity deals
Posted: May 3rd, 2009, 11:00pm EDT
Jeffery Peters, a director of Downtown law firm Cohen amp; Grigsby PC, said deal flow in private equity transactions has slowed, chiefly because many business owners aren’t selling as they hold out for higher prices.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fONEo-3-FhY:lv1LYRNTPFQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fONEo-3-FhY:lv1LYRNTPFQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fONEo-3-FhY:lv1LYRNTPFQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fONEo-3-FhY:lv1LYRNTPFQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=fONEo-3-FhY:lv1LYRNTPFQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=fONEo-3-FhY:lv1LYRNTPFQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bankers see rise in delinquencies, foreclosures in coming year, survey says
Posted: May 3rd, 2009, 11:00pm EDT
A majority of bankers anticipate an increase in the number of delinquencies (78 percent), the number of foreclosures (59 percent) and consumer (54 percent) and commercial loan losses (66 percent), according to Grant Thornton LLP’s 16th Bank Executive Survey, conducted in conjunction with Bank Director magazine.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rjx9jUAJSSI:hNfg4d_721c:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rjx9jUAJSSI:hNfg4d_721c:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rjx9jUAJSSI:hNfg4d_721c:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rjx9jUAJSSI:hNfg4d_721c:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rjx9jUAJSSI:hNfg4d_721c:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rjx9jUAJSSI:hNfg4d_721c:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cyber security firm BitArmor raises $5 million in tight venture capital market
Posted: May 3rd, 2009, 11:00pm EDT
BitArmor Systems Inc., a Downtown Pittsburgh-based cyber-security software firm, has raised nearly $5 million in venture capital investments, confirmed CEO Patrick McGregor.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EG-qKN3ur8M:puN-8Jh_hZ8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EG-qKN3ur8M:puN-8Jh_hZ8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EG-qKN3ur8M:puN-8Jh_hZ8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EG-qKN3ur8M:puN-8Jh_hZ8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EG-qKN3ur8M:puN-8Jh_hZ8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EG-qKN3ur8M:puN-8Jh_hZ8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Recession catches up to western Pa.-based banks
Posted: May 3rd, 2009, 11:00pm EDT
The wear and tear of the recession has caught up with a quartet of western Pennsylvania-based banks that rank among the region’s largest. None beat first quarter 2008 earnings, which was expected, given the climate.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AzPuiLh2a9E:H81cp-WWXTc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AzPuiLh2a9E:H81cp-WWXTc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AzPuiLh2a9E:H81cp-WWXTc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AzPuiLh2a9E:H81cp-WWXTc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=AzPuiLh2a9E:H81cp-WWXTc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=AzPuiLh2a9E:H81cp-WWXTc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Niagara executive Polino hopes to continue growth in Pittsburgh area
Posted: May 3rd, 2009, 11:00pm EDT
First Niagara Financial Group expects to close its acquisition of 57 former National City branches from PNC Financial Services Group Inc. around Labor Day.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zop81gEL6x4:9mn0m2Re1hA:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zop81gEL6x4:9mn0m2Re1hA:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zop81gEL6x4:9mn0m2Re1hA:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zop81gEL6x4:9mn0m2Re1hA:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zop81gEL6x4:9mn0m2Re1hA:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zop81gEL6x4:9mn0m2Re1hA:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Starkey hopes new tech offsets cooling market
Posted: May 3rd, 2009, 11:00pm EDT
Hearing-aid maker Starkey Laboratories Inc. is mounting its most significant product launch in three years as it pushes to grow in a soft market.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e_HFIiH6xsk:n5PpesOT0nQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e_HFIiH6xsk:n5PpesOT0nQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=e_HFIiH6xsk:n5PpesOT0nQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e_HFIiH6xsk:n5PpesOT0nQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=e_HFIiH6xsk:n5PpesOT0nQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=e_HFIiH6xsk:n5PpesOT0nQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
More home buyers sweating it out as work equity regains popularity
Posted: May 3rd, 2009, 11:00pm EDT
Anthony Baggett, a carpenter by trade, is hoping to close on his family’s new home this summer. But before he can do that, he must spend weekends painting, laying sod and cleaning up construction debris.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6e5NdohPP8M:klpyPVCxP7w:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6e5NdohPP8M:klpyPVCxP7w:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6e5NdohPP8M:klpyPVCxP7w:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6e5NdohPP8M:klpyPVCxP7w:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6e5NdohPP8M:klpyPVCxP7w:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6e5NdohPP8M:klpyPVCxP7w:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
CU Fleet case could be moved to receivership
Posted: May 3rd, 2009, 11:00pm EDT
Less than one month after filing for Chapter 11 bankruptcy, an automotive leasing dealership co-owned by former Central States Mortgage CEO Richard Jungen wants to dismiss the case and is likely to file for receivership.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jquN3uBkGOE:KcthwEFz3ec:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jquN3uBkGOE:KcthwEFz3ec:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jquN3uBkGOE:KcthwEFz3ec:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jquN3uBkGOE:KcthwEFz3ec:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=jquN3uBkGOE:KcthwEFz3ec:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=jquN3uBkGOE:KcthwEFz3ec:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fifth Third deal paying off
Posted: May 3rd, 2009, 11:00pm EDT
Mired in a painful recession, many Charlotte business executives would love to rewind the tape and edit a few decisions they made a year ago.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ElIySPLBJ44:Sz5PWyp_Pdo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ElIySPLBJ44:Sz5PWyp_Pdo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ElIySPLBJ44:Sz5PWyp_Pdo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ElIySPLBJ44:Sz5PWyp_Pdo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ElIySPLBJ44:Sz5PWyp_Pdo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ElIySPLBJ44:Sz5PWyp_Pdo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Russell Investments in Seattle? Maybe
Posted: May 3rd, 2009, 11:00pm EDT
Russell Investments has focused its Seattle search for headquarters space on four office buildings, according to real estate sources: WaMu Center, 1111 Third Avenue, 1918 8th Avenue Office Tower and the West 8th Building.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B3Bop_1YUs:Uh1w1zBJAT4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B3Bop_1YUs:Uh1w1zBJAT4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5B3Bop_1YUs:Uh1w1zBJAT4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B3Bop_1YUs:Uh1w1zBJAT4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5B3Bop_1YUs:Uh1w1zBJAT4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5B3Bop_1YUs:Uh1w1zBJAT4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Baird moves trading floor to high-profile location
Posted: May 3rd, 2009, 11:00pm EDT
As Robert W. Baird amp; Co. Inc. continues capitalizing on the troubles of Wall Street, the firm has unveiled its new equity trading floor in downtown Milwaukee.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=85iywBLJCNk:RYD8g5pQvEc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=85iywBLJCNk:RYD8g5pQvEc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=85iywBLJCNk:RYD8g5pQvEc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=85iywBLJCNk:RYD8g5pQvEc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=85iywBLJCNk:RYD8g5pQvEc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=85iywBLJCNk:RYD8g5pQvEc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Chapter 11 might net developers millions
Posted: May 3rd, 2009, 11:00pm EDT
Veteran developers John Reynen and Christo Bardis could keep more than $1 million each while their creditors receive pennies on the dollar under a bankruptcy reorganization plan that’s being defended as a better alternative than a straight liquidation of their assets.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pNpTuxIKKD8:z8DO7wT4J6Q:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pNpTuxIKKD8:z8DO7wT4J6Q:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pNpTuxIKKD8:z8DO7wT4J6Q:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pNpTuxIKKD8:z8DO7wT4J6Q:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pNpTuxIKKD8:z8DO7wT4J6Q:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pNpTuxIKKD8:z8DO7wT4J6Q:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
'De novo' financial instutions like Revere Bank find financial footing
Posted: May 3rd, 2009, 11:00pm EDT
Despite launching just before a cataclysmic financial downturn, new banks in the region continue to grow steadily.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r-cabPgl-E8:tW6uHZHQNfo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r-cabPgl-E8:tW6uHZHQNfo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=r-cabPgl-E8:tW6uHZHQNfo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r-cabPgl-E8:tW6uHZHQNfo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=r-cabPgl-E8:tW6uHZHQNfo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=r-cabPgl-E8:tW6uHZHQNfo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BofA retires Countrywide brand, launches mortgage finance tools
Posted: May 3rd, 2009, 11:00pm EDT
Bank of America Corp. has rebranded its Countrywide Financial Corp. mortgage unit as Bank of America Home Loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9PcWaYVVC7U:c03NILCq7AI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9PcWaYVVC7U:c03NILCq7AI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9PcWaYVVC7U:c03NILCq7AI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9PcWaYVVC7U:c03NILCq7AI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9PcWaYVVC7U:c03NILCq7AI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9PcWaYVVC7U:c03NILCq7AI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Analysts: Bank assistance could use spoonful of sugar
Posted: May 3rd, 2009, 11:00pm EDT
The federal government has created more programs to aid the ailing banking industry in recent months than Baskin Robbins has flavors. But analysts say most are still leaving bankers with a bad taste in their mouths.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Suojfjwlfns:iJfc5lJqc8k:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Suojfjwlfns:iJfc5lJqc8k:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Suojfjwlfns:iJfc5lJqc8k:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Suojfjwlfns:iJfc5lJqc8k:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Suojfjwlfns:iJfc5lJqc8k:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Suojfjwlfns:iJfc5lJqc8k:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
For banks, simplicity — with deposits, lending, service — is elegance
Posted: May 3rd, 2009, 11:00pm EDT
For nearly three decades I have advised banks of all sizes, on both coasts and everywhere in between.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qZlIFaKZcG8:Z30udHAgWEE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qZlIFaKZcG8:Z30udHAgWEE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qZlIFaKZcG8:Z30udHAgWEE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qZlIFaKZcG8:Z30udHAgWEE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=qZlIFaKZcG8:Z30udHAgWEE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=qZlIFaKZcG8:Z30udHAgWEE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Stimulus money perks SBA loan demand, but lending still down
Posted: May 3rd, 2009, 11:00pm EDT
Baltimore banks say they’re seeing more interest in Small Business Administration-backed loans because of changes that make it cheaper to borrow money, but lending levels are still nearly half of what they were a year ago. That’s because many banks can’t take the risk, even with the guarantee of the SBA behind them.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1LAkAxHHUCU:AM3XB6Xi9CU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1LAkAxHHUCU:AM3XB6Xi9CU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1LAkAxHHUCU:AM3XB6Xi9CU:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1LAkAxHHUCU:AM3XB6Xi9CU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1LAkAxHHUCU:AM3XB6Xi9CU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1LAkAxHHUCU:AM3XB6Xi9CU:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Companies will endure SBA red tape if it leads to cash
Posted: May 3rd, 2009, 11:00pm EDT
Jade Greer thinks she knows trendy fashion.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zg-db4XYSIw:7BiXn-V3kOw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zg-db4XYSIw:7BiXn-V3kOw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zg-db4XYSIw:7BiXn-V3kOw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zg-db4XYSIw:7BiXn-V3kOw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=zg-db4XYSIw:7BiXn-V3kOw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=zg-db4XYSIw:7BiXn-V3kOw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
By growing in Europe, Legg Mason hopes to prove it’s ‘not just Bill Miller’
Posted: May 3rd, 2009, 11:00pm EDT
Global money manager Legg Mason Inc. is gearing up for an expansion overseas, with an emphasis on the European markets, even as the value of its U.S. investments continue to fall short of expectations and the company sheds workers to cut costs.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rCH4uwyCIpo:YgO_p-4SSig:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rCH4uwyCIpo:YgO_p-4SSig:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rCH4uwyCIpo:YgO_p-4SSig:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rCH4uwyCIpo:YgO_p-4SSig:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=rCH4uwyCIpo:YgO_p-4SSig:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=rCH4uwyCIpo:YgO_p-4SSig:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
General Growth woes may mean Harborplace revival
Posted: May 3rd, 2009, 11:00pm EDT
General Growth Inc.’s mid-April bankruptcy filing could make it easier for investors to buy the decades-old Harborplace along Baltimore’s Inner Harbor, clearing several challenges experts say kept the choice retail destination from selling before the Chicago mall owner sought to reorganize.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wMVoGBNMA9s:r6QCsCNFnE4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wMVoGBNMA9s:r6QCsCNFnE4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wMVoGBNMA9s:r6QCsCNFnE4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wMVoGBNMA9s:r6QCsCNFnE4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wMVoGBNMA9s:r6QCsCNFnE4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wMVoGBNMA9s:r6QCsCNFnE4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Huron Capital hires principal to run Pittsburgh office
Posted: May 3rd, 2009, 11:00pm EDT
Huron Capital Partners, a Detroit private equity firm that has had a Downtown office for eight years and has yet to do a deal in the Pittsburgh area, is ready to shake things up.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7DIdnSrsH8o:5NINmdfh454:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7DIdnSrsH8o:5NINmdfh454:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7DIdnSrsH8o:5NINmdfh454:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7DIdnSrsH8o:5NINmdfh454:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=7DIdnSrsH8o:5NINmdfh454:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=7DIdnSrsH8o:5NINmdfh454:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Northwestern Mutual’s capital surplus up after rule review
Posted: May 3rd, 2009, 11:00pm EDT
Northwestern Mutual received the largest capital increase to its balance sheet — $1.6 billion — of insurers that sought new rulings on accounting practices from their state regulators, according to a new report.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kELWmgWy198:So-ZLwPucYw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kELWmgWy198:So-ZLwPucYw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kELWmgWy198:So-ZLwPucYw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kELWmgWy198:So-ZLwPucYw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=kELWmgWy198:So-ZLwPucYw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=kELWmgWy198:So-ZLwPucYw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Brittian's climb up the financial ladder leads her to new position at ServisFirst
Posted: May 3rd, 2009, 11:00pm EDT
Math might have been one of the subjects Jennifer Brittian dreaded the most, but she’s clearly got the finance industry’s number.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8BcyaKfFGTk:N4H3P4Wbymc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8BcyaKfFGTk:N4H3P4Wbymc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8BcyaKfFGTk:N4H3P4Wbymc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8BcyaKfFGTk:N4H3P4Wbymc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=8BcyaKfFGTk:N4H3P4Wbymc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=8BcyaKfFGTk:N4H3P4Wbymc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Birmingham wants to double loan program
Posted: May 3rd, 2009, 11:00pm EDT
The city of Birmingham is considering doubling the pot of its new Economic Stimulus Loan Program to aid additional businesses lined up for the low-interest, short-term loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4m2hoC-DugY:3ASu_v6cH1E:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4m2hoC-DugY:3ASu_v6cH1E:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4m2hoC-DugY:3ASu_v6cH1E:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4m2hoC-DugY:3ASu_v6cH1E:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=4m2hoC-DugY:3ASu_v6cH1E:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=4m2hoC-DugY:3ASu_v6cH1E:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Morgan Keegan suits loom large over Regions Financial
Posted: May 3rd, 2009, 11:00pm EDT
Regions Financial Corp.’s brokerage arm Morgan Keegan amp; Co. launched a new set of high-yield bond funds filled with pools of unconventional investments seven years ago.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MEBtIl8FusQ:pwYzmk5jBBk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MEBtIl8FusQ:pwYzmk5jBBk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MEBtIl8FusQ:pwYzmk5jBBk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MEBtIl8FusQ:pwYzmk5jBBk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=MEBtIl8FusQ:pwYzmk5jBBk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=MEBtIl8FusQ:pwYzmk5jBBk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
SunTrust rolling out branch expansion to Matthews site
Posted: May 3rd, 2009, 11:00pm EDT
SunTrust Banks Inc. will open a branch in Matthews this month as it continues to expand in Charlotte.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yFSzb7fwenk:kaomZa63PWw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yFSzb7fwenk:kaomZa63PWw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yFSzb7fwenk:kaomZa63PWw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yFSzb7fwenk:kaomZa63PWw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yFSzb7fwenk:kaomZa63PWw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yFSzb7fwenk:kaomZa63PWw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
VC-backed biotech firms want access to SBIR dollars
Posted: May 3rd, 2009, 11:00pm EDT
If small biotech firms majority-owned by venture capital companies had a shot at the government’s Small Business Innovation Research grants, it could open new doors amid the financial crunch, experts say.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OZgyFaFwj6o:INkB6cqnhUg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OZgyFaFwj6o:INkB6cqnhUg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=OZgyFaFwj6o:INkB6cqnhUg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OZgyFaFwj6o:INkB6cqnhUg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=OZgyFaFwj6o:INkB6cqnhUg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=OZgyFaFwj6o:INkB6cqnhUg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Do not pass go — Tight credit, uncertainty over reform stall health care acquisition game, keep prime targets out of play
Posted: May 3rd, 2009, 11:00pm EDT
A slushy credit market is slowing down acquisitions in the health care market even by companies that might ordinarily be considered strong.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cfq1iJ-aWzQ:U2o4_VtCy0g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cfq1iJ-aWzQ:U2o4_VtCy0g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Cfq1iJ-aWzQ:U2o4_VtCy0g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cfq1iJ-aWzQ:U2o4_VtCy0g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Cfq1iJ-aWzQ:U2o4_VtCy0g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Cfq1iJ-aWzQ:U2o4_VtCy0g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Struggling start-ups that need cash prime acquisition targets
Posted: May 3rd, 2009, 11:00pm EDT
Uncertainty about federal health care reform and an ongoing lack of available capital are stalling the acquisition of many health care companies that experts say make prime targets.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=whui5loOGJQ:U8HW5kG1l8Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=whui5loOGJQ:U8HW5kG1l8Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=whui5loOGJQ:U8HW5kG1l8Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=whui5loOGJQ:U8HW5kG1l8Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=whui5loOGJQ:U8HW5kG1l8Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=whui5loOGJQ:U8HW5kG1l8Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Mechanics and Farmers Bank wants to grease wheels to ease future efforts to raise cash
Posted: May 3rd, 2009, 11:00pm EDT
DURHAM – Mechanics and Farmers Bank is looking for shareholder support for a series of changes, including a plan to double its common stock, that would make it easier for the century-old lender to raise cash in the future.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QodsFmGaQs8:mt6tVpGBqHw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QodsFmGaQs8:mt6tVpGBqHw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QodsFmGaQs8:mt6tVpGBqHw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QodsFmGaQs8:mt6tVpGBqHw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QodsFmGaQs8:mt6tVpGBqHw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QodsFmGaQs8:mt6tVpGBqHw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
More challenges for Lewis
Posted: May 3rd, 2009, 11:00pm EDT
After losing his title as board chairman Wednesday, Kenneth Lewis’ struggle to save the rest of his job rages on.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=20Qw6qCo9QM:_KYP3gXJPsg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=20Qw6qCo9QM:_KYP3gXJPsg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=20Qw6qCo9QM:_KYP3gXJPsg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=20Qw6qCo9QM:_KYP3gXJPsg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=20Qw6qCo9QM:_KYP3gXJPsg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=20Qw6qCo9QM:_KYP3gXJPsg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Banking turmoil brushes Triangle firms, hurts Charlotte
Posted: May 3rd, 2009, 11:00pm EDT
RALEIGH – The book of business held by Charlotte’s banking lawyers once was the envy of regional firms. Working close to powerful headquarters gave attorneys at Queen City law offices access to vast troves of business from Wachovia and Bank of America.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a85XVp1VFss:PywJ64s0gIg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a85XVp1VFss:PywJ64s0gIg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a85XVp1VFss:PywJ64s0gIg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a85XVp1VFss:PywJ64s0gIg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=a85XVp1VFss:PywJ64s0gIg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=a85XVp1VFss:PywJ64s0gIg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Two years later, mortgage much tougher to get
Posted: May 3rd, 2009, 11:00pm EDT
The first time I went to buy a house was in March 2007. At the time, my wife and I were living in Lubbock, Texas, and thought we would be staying there awhile. Nationally, the housing market was starting to soften, mortgage rates were low, around 6 percent, and it seemed like a good time to buy.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Dx7QIild4wc:2un3fZub2l4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Dx7QIild4wc:2un3fZub2l4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Dx7QIild4wc:2un3fZub2l4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Dx7QIild4wc:2un3fZub2l4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Dx7QIild4wc:2un3fZub2l4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Dx7QIild4wc:2un3fZub2l4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Potential startup banks withdrawing applications for approval
Posted: May 3rd, 2009, 11:00pm EDT
JACKSONVILLE — Got plans to start a new bank? Good luck.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mqUa1wgevBU:sjrmkyzjtpc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mqUa1wgevBU:sjrmkyzjtpc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mqUa1wgevBU:sjrmkyzjtpc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mqUa1wgevBU:sjrmkyzjtpc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=mqUa1wgevBU:sjrmkyzjtpc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=mqUa1wgevBU:sjrmkyzjtpc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
More companies use Chapter 11 to facilitate asset sales
Posted: May 3rd, 2009, 11:00pm EDT
A growing portion of companies filing for Chapter 11 bankruptcy protection are starting the process with no plans to come out.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z2vY3nTXLOo:WbWkNmtqph4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z2vY3nTXLOo:WbWkNmtqph4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z2vY3nTXLOo:WbWkNmtqph4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z2vY3nTXLOo:WbWkNmtqph4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=z2vY3nTXLOo:WbWkNmtqph4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=z2vY3nTXLOo:WbWkNmtqph4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pawnshops feeling pinched
Posted: May 3rd, 2009, 11:00pm EDT
Daniel Feehan gets tired of being asked, “Shouldn’t you be thriving?” when he talks about the challenges of growing his business in a down economy. (EZPW) (FCFS) (CSH)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oBJ2qxT5dZs:zca0w2OGu_g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oBJ2qxT5dZs:zca0w2OGu_g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oBJ2qxT5dZs:zca0w2OGu_g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oBJ2qxT5dZs:zca0w2OGu_g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=oBJ2qxT5dZs:zca0w2OGu_g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=oBJ2qxT5dZs:zca0w2OGu_g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Maryland bankers say TARP cash isn't turning into loans yet
Posted: May 3rd, 2009, 11:00pm EDT
About $443 million in federal emergency aid has flowed into 18 Maryland banks since November in an effort to ease lending to consumers and businesses.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1b4O11lvUHQ:6BA7qfsV3BE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1b4O11lvUHQ:6BA7qfsV3BE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1b4O11lvUHQ:6BA7qfsV3BE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1b4O11lvUHQ:6BA7qfsV3BE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1b4O11lvUHQ:6BA7qfsV3BE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1b4O11lvUHQ:6BA7qfsV3BE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Peoples Community could merge or liquidate
Posted: May 1st, 2009, 7:32pm EDT
The Office of Thrift Supervision has given Peoples Community Bancorp until July 14 to shore up its capital base – possibly by merging with a stronger bank – or liquidating its assets. (PCBI)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_nyWCOsjR40:D4RIVeE78Ys:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_nyWCOsjR40:D4RIVeE78Ys:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_nyWCOsjR40:D4RIVeE78Ys:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_nyWCOsjR40:D4RIVeE78Ys:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_nyWCOsjR40:D4RIVeE78Ys:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_nyWCOsjR40:D4RIVeE78Ys:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Florida declares public health emergency
Posted: May 1st, 2009, 5:22pm EDT
Florida health authorities declared a public health emergency, after two cases of swine flu were confirmed in Broward and Lee counties.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=52fFLPeXr4U:9YAHL9pjs0M:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=52fFLPeXr4U:9YAHL9pjs0M:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=52fFLPeXr4U:9YAHL9pjs0M:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=52fFLPeXr4U:9YAHL9pjs0M:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=52fFLPeXr4U:9YAHL9pjs0M:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=52fFLPeXr4U:9YAHL9pjs0M:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
University of Colorado to cut 54 positions, trim pay of senior execs
Posted: May 1st, 2009, 5:19pm EDT
The University of Colorado said Friday it is cutting 54 administrative positions and reducing pay of senior executives — including CU President Bruce Benson — by 5 percent, as part of a cost-cutting and efficiency initiative.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yzjwo8HZXV8:EPdQqcZsjm4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yzjwo8HZXV8:EPdQqcZsjm4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yzjwo8HZXV8:EPdQqcZsjm4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yzjwo8HZXV8:EPdQqcZsjm4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=yzjwo8HZXV8:EPdQqcZsjm4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=yzjwo8HZXV8:EPdQqcZsjm4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dodge Theatre hits 2 million in attendance since 2002
Posted: May 1st, 2009, 5:16pm EDT
The Dodge Theatre will host its 2 millionth attendee Friday night at the Sesame Street Live “Elmo’s Green Thumb” performance.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=14AsATIeFT8:Pmb6TJinqj4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=14AsATIeFT8:Pmb6TJinqj4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=14AsATIeFT8:Pmb6TJinqj4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=14AsATIeFT8:Pmb6TJinqj4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=14AsATIeFT8:Pmb6TJinqj4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=14AsATIeFT8:Pmb6TJinqj4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Silverton impact spreads far and wide
Posted: May 1st, 2009, 5:11pm EDT
The ripples of Silverton Bank’s failure -- the proverbial rock thrown into the puddle -- are just beginning to spread, in the wake of news late Friday the bank was seized by federal regulators.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlxo9PABaYI:FpULXo14CSo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlxo9PABaYI:FpULXo14CSo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tlxo9PABaYI:FpULXo14CSo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlxo9PABaYI:FpULXo14CSo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tlxo9PABaYI:FpULXo14CSo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tlxo9PABaYI:FpULXo14CSo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Hawthorn Bank parent’s earnings fall
Posted: May 1st, 2009, 5:04pm EDT
Hawthorn Bancshares Inc. saw a slight decrease in first-quarter earnings, mainly from increased expenses and loan-loss provisions.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DRXwNU6D214:16xZyg1-05I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DRXwNU6D214:16xZyg1-05I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DRXwNU6D214:16xZyg1-05I:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DRXwNU6D214:16xZyg1-05I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DRXwNU6D214:16xZyg1-05I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DRXwNU6D214:16xZyg1-05I:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dallas-area bank to manage failed Ga. institution
Posted: May 1st, 2009, 4:59pm EDT
TIB-The Independent BankersBank has been appointed to manage the assets of a $4.1 billion asset bank in Atlanta seized by federal regulators Friday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pmf_jKyMn80:JXSMd8c6D80:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pmf_jKyMn80:JXSMd8c6D80:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pmf_jKyMn80:JXSMd8c6D80:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pmf_jKyMn80:JXSMd8c6D80:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=pmf_jKyMn80:JXSMd8c6D80:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=pmf_jKyMn80:JXSMd8c6D80:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
BankUnited shares jump on rumors of takeover
Posted: May 1st, 2009, 4:50pm EDT
Shares of BankUnited Financial Corp. jumped 18 cents Friday on trading volume of 8.79 million shares – more than 11 times its usual trading volume. (BKUNA) (TD) (BX)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B9BUqglzIi4:qgN0mglJbtQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B9BUqglzIi4:qgN0mglJbtQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=B9BUqglzIi4:qgN0mglJbtQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B9BUqglzIi4:qgN0mglJbtQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=B9BUqglzIi4:qgN0mglJbtQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=B9BUqglzIi4:qgN0mglJbtQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Ocean Bank loses $49M in Q1
Posted: May 1st, 2009, 4:36pm EDT
Ocean Bank lost $48.9 million in the first quarter, a big improvement over its $141.1 million loss in the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bbOavWIk0Ig:FH0Y-QA0nX0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bbOavWIk0Ig:FH0Y-QA0nX0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bbOavWIk0Ig:FH0Y-QA0nX0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bbOavWIk0Ig:FH0Y-QA0nX0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bbOavWIk0Ig:FH0Y-QA0nX0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bbOavWIk0Ig:FH0Y-QA0nX0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
California mortgage delinquency dips a bit
Posted: May 1st, 2009, 4:31pm EDT
The California Mortgage Bankers Association reported a slight drop Friday in the delinquency ratio rate during the first quarter of 2009.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ck3C_twP3eg:Czv7QxeBA2g:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ck3C_twP3eg:Czv7QxeBA2g:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ck3C_twP3eg:Czv7QxeBA2g:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ck3C_twP3eg:Czv7QxeBA2g:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Ck3C_twP3eg:Czv7QxeBA2g:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Ck3C_twP3eg:Czv7QxeBA2g:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TotalBank returns to black in Q1
Posted: May 1st, 2009, 4:07pm EDT
After two consecutive quarters of losses, TotalBank broke through in the first quarter, with $1.6 million in earnings. A drop-off in problem loan charges in the first quarter helped it break into the black.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3gKwSlBnvOc:-xBXzRTcGLc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3gKwSlBnvOc:-xBXzRTcGLc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3gKwSlBnvOc:-xBXzRTcGLc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3gKwSlBnvOc:-xBXzRTcGLc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=3gKwSlBnvOc:-xBXzRTcGLc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=3gKwSlBnvOc:-xBXzRTcGLc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cowlitz loses $1.9M in Q1
Posted: May 1st, 2009, 4:01pm EDT
Cowlitz Bancorp. said it lost $1.9 million, or 37 cents per share, in the first quarter, which compares with net income of $902,000, or earnings of 18 cents per share a year earlier. (CWLZ)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RbZECo--6hE:hMOG6mac890:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RbZECo--6hE:hMOG6mac890:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RbZECo--6hE:hMOG6mac890:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RbZECo--6hE:hMOG6mac890:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=RbZECo--6hE:hMOG6mac890:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=RbZECo--6hE:hMOG6mac890:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Silverton Bank fails; 11th and biggest bank failure in Ga.
Posted: May 1st, 2009, 3:26pm EDT
Silverton Bank, the bank for more than 1,500 banks nationwide, was seized late Friday by federal regulators in the largest bank failure in Georgia history.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dSUDoqfp8Rw:tLEUgKec6PE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dSUDoqfp8Rw:tLEUgKec6PE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dSUDoqfp8Rw:tLEUgKec6PE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dSUDoqfp8Rw:tLEUgKec6PE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dSUDoqfp8Rw:tLEUgKec6PE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dSUDoqfp8Rw:tLEUgKec6PE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Coconut Grove Bank flips to a profit in Q1
Posted: May 1st, 2009, 3:07pm EDT
Coconut Grove Bank regained profitability in the first quarter, earning $645,000, an improvement from its $2.7 million loss in the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dO9c9-IR4ww:jhFJV0ZV9lQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dO9c9-IR4ww:jhFJV0ZV9lQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dO9c9-IR4ww:jhFJV0ZV9lQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dO9c9-IR4ww:jhFJV0ZV9lQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=dO9c9-IR4ww:jhFJV0ZV9lQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=dO9c9-IR4ww:jhFJV0ZV9lQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Local bank stocks down slightly for week
Posted: May 1st, 2009, 2:58pm EDT
Birmingham bank stocks held steady this week despite some shaky financial news in the national economy. (RF) (CNB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_O6f92Bfsu4:JLYDlgyUwjE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_O6f92Bfsu4:JLYDlgyUwjE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_O6f92Bfsu4:JLYDlgyUwjE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_O6f92Bfsu4:JLYDlgyUwjE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=_O6f92Bfsu4:JLYDlgyUwjE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=_O6f92Bfsu4:JLYDlgyUwjE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bank of Blue Valley parent posts loss
Posted: May 1st, 2009, 2:57pm EDT
Blue Valley Ban Corp. said Friday that it lost $8.1 million, or $3.02 a share, in the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LogVwOL3UfI:ojcUlxDnXYc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LogVwOL3UfI:ojcUlxDnXYc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LogVwOL3UfI:ojcUlxDnXYc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LogVwOL3UfI:ojcUlxDnXYc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=LogVwOL3UfI:ojcUlxDnXYc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=LogVwOL3UfI:ojcUlxDnXYc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Community Bank of Fla. profit down 54%
Posted: May 1st, 2009, 2:55pm EDT
Community Bank of Florida’s earnings fell 54 percent in the first quarter as its noncurrent loans more than doubled when compared to the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uzLrBbvFg1c:2-ogRDth918:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uzLrBbvFg1c:2-ogRDth918:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uzLrBbvFg1c:2-ogRDth918:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uzLrBbvFg1c:2-ogRDth918:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=uzLrBbvFg1c:2-ogRDth918:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=uzLrBbvFg1c:2-ogRDth918:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Tennessee to alter municipal bond financing regulations
Posted: May 1st, 2009, 2:48pm EDT
Sweeping changes are coming to the municipal bond financing industry in Tennessee.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=er-tobZXXXk:ff75gavEXS8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=er-tobZXXXk:ff75gavEXS8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=er-tobZXXXk:ff75gavEXS8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=er-tobZXXXk:ff75gavEXS8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=er-tobZXXXk:ff75gavEXS8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=er-tobZXXXk:ff75gavEXS8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Valley Bank no longer well capitalized
Posted: May 1st, 2009, 2:32pm EDT
Fort Lauderdale-based Valley Bank is not considered a “well-capitalized” bank by regulatory standards, but the chairman of its parent company vowed to quickly fix the problem by cutting it a $250,000 check.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E6WS_TwLK5I:8K4MTWp3ekw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E6WS_TwLK5I:8K4MTWp3ekw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E6WS_TwLK5I:8K4MTWp3ekw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E6WS_TwLK5I:8K4MTWp3ekw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=E6WS_TwLK5I:8K4MTWp3ekw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=E6WS_TwLK5I:8K4MTWp3ekw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Colorado State Bank and Trust parent BOK posts $55M Q1 earnings
Posted: May 1st, 2009, 2:18pm EDT
BOK Financial Corp., parent of Colorado State Bank and Trust, posted first-quarter earnings of $55 million versus $62.3 million a year earlier, with greater loan-loss provisions affecting earnings.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QwlSqrAJHQM:9QhP_a_XkrQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QwlSqrAJHQM:9QhP_a_XkrQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QwlSqrAJHQM:9QhP_a_XkrQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QwlSqrAJHQM:9QhP_a_XkrQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QwlSqrAJHQM:9QhP_a_XkrQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QwlSqrAJHQM:9QhP_a_XkrQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sovereign cutting 950 jobs, 265 in Mass.
Posted: May 1st, 2009, 2:18pm EDT
Sovereign Bank announced to employees Thursday that it is cutting 950 positions, including 265 in Massachusetts. The job cuts were effective immediately, a spokesman said.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9WY5HW6rIBI:bspH3C0ZV58:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9WY5HW6rIBI:bspH3C0ZV58:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9WY5HW6rIBI:bspH3C0ZV58:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9WY5HW6rIBI:bspH3C0ZV58:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9WY5HW6rIBI:bspH3C0ZV58:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9WY5HW6rIBI:bspH3C0ZV58:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Baylake receives partial payment on bad loan
Posted: May 1st, 2009, 2:09pm EDT
Baylake Corp., the Sturgeon Bay operator of Baylake Bank, said Friday that it has received partial payment on an impaired loan relationship for which the bank has already partially charged off against its allowance for loan losses.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lWJWIC3zOFg:O8RhBukXtW4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lWJWIC3zOFg:O8RhBukXtW4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lWJWIC3zOFg:O8RhBukXtW4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lWJWIC3zOFg:O8RhBukXtW4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lWJWIC3zOFg:O8RhBukXtW4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lWJWIC3zOFg:O8RhBukXtW4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Gibraltar Private Bank’s loss narrows in Q1
Posted: May 1st, 2009, 2:00pm EDT
Coral Gables-based Gibraltar Private Bank amp; Trust narrowed its loss to $958,000 in the first quarter from a loss of $13.7 million in the fourth quarter, but its number of problem loans grew. (BPFH)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UoszIW8leNI:UhHZMcEZyiI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UoszIW8leNI:UhHZMcEZyiI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UoszIW8leNI:UhHZMcEZyiI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UoszIW8leNI:UhHZMcEZyiI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=UoszIW8leNI:UhHZMcEZyiI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=UoszIW8leNI:UhHZMcEZyiI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Earnings drop 54% at ServisFirst
Posted: May 1st, 2009, 1:56pm EDT
ServisFirst Bancshares Inc.’s profits slipped 54 percent in the first quarter of 2009.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5EISJW0Saig:fkn1_tvpNnM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5EISJW0Saig:fkn1_tvpNnM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5EISJW0Saig:fkn1_tvpNnM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5EISJW0Saig:fkn1_tvpNnM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5EISJW0Saig:fkn1_tvpNnM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5EISJW0Saig:fkn1_tvpNnM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Madoff case prompts scrutiny of glowing track records, ‘insider’ investment clubs
Posted: May 1st, 2009, 1:47pm EDT
Exclusivity and winning track records could be warning signs that investment or real estate firms’ promises and strategies are too good to be true, according to Phoenix financial adviser Deborah Lavinsky.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-4PNwJstlWA:ucqxAJoewyo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-4PNwJstlWA:ucqxAJoewyo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-4PNwJstlWA:ucqxAJoewyo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-4PNwJstlWA:ucqxAJoewyo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-4PNwJstlWA:ucqxAJoewyo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-4PNwJstlWA:ucqxAJoewyo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Mariner still saddled with foreclosure, bad mortgage debt
Posted: May 1st, 2009, 1:43pm EDT
Foreclosures and bad mortgage loans kept First Mariner Bancorp in the red in the first quarter with a loss of $3.1 million.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vcHHemmTKLQ:vF2S-jQLBhc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vcHHemmTKLQ:vF2S-jQLBhc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vcHHemmTKLQ:vF2S-jQLBhc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vcHHemmTKLQ:vF2S-jQLBhc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vcHHemmTKLQ:vF2S-jQLBhc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vcHHemmTKLQ:vF2S-jQLBhc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Rockwood Capital raises $964M fund
Posted: May 1st, 2009, 1:39pm EDT
San Francisco private real estate investment company Rockwood Capital has closed its latest fund after securing $964 million in capital commitments.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WFtIEsgW87s:lujNUchqWsk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WFtIEsgW87s:lujNUchqWsk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=WFtIEsgW87s:lujNUchqWsk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WFtIEsgW87s:lujNUchqWsk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=WFtIEsgW87s:lujNUchqWsk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=WFtIEsgW87s:lujNUchqWsk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
1100 Wilson Blvd. signs new tenants
Posted: May 1st, 2009, 1:18pm EDT
The towering 31-story office building in Rosslyn just locked down two new tenants.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9krFWujhqWk:n_IX6PzXUjQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9krFWujhqWk:n_IX6PzXUjQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9krFWujhqWk:n_IX6PzXUjQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9krFWujhqWk:n_IX6PzXUjQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=9krFWujhqWk:n_IX6PzXUjQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=9krFWujhqWk:n_IX6PzXUjQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Eastern National Bank edges into black
Posted: May 1st, 2009, 1:08pm EDT
Eastern National Bank edged into the black with a $32,000 profit in the first quarter, after losing $596,000 in the fourth quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XNBaBaj65JE:wNsLkiV0zIw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XNBaBaj65JE:wNsLkiV0zIw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XNBaBaj65JE:wNsLkiV0zIw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XNBaBaj65JE:wNsLkiV0zIw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=XNBaBaj65JE:wNsLkiV0zIw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=XNBaBaj65JE:wNsLkiV0zIw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
FirstBank Florida gets $50M in capital after Q1 losses
Posted: May 1st, 2009, 1:04pm EDT
Miami-based FirstBank Florida’s received $50 million from its parent company, First BanCorp, of San Juan, Puerto Rico. However, the bank still lost nearly $8.6 million in the first quarter, a slight improvement from its $8.57 million loss in the fourth quarter, according to its filing with the Federal Financial Institutions Examination Council. (FBP)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Azt6aTcuGU:hKzhOEZrCmg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Azt6aTcuGU:hKzhOEZrCmg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6Azt6aTcuGU:hKzhOEZrCmg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Azt6aTcuGU:hKzhOEZrCmg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=6Azt6aTcuGU:hKzhOEZrCmg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=6Azt6aTcuGU:hKzhOEZrCmg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Alexander Baldwin profits slip 93% in 1Q
Posted: May 1st, 2009, 12:31pm EDT
Alexander amp; Baldwin Inc. reported a nearly 93 percent decline in profits in the first quarter. (AXB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-Cr-sl26H_U:D72nPwPllDc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-Cr-sl26H_U:D72nPwPllDc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-Cr-sl26H_U:D72nPwPllDc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-Cr-sl26H_U:D72nPwPllDc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=-Cr-sl26H_U:D72nPwPllDc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=-Cr-sl26H_U:D72nPwPllDc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Parent helps Espirito Santo Bank regain profitability
Posted: May 1st, 2009, 12:21pm EDT
Espirito Santo Bank returned to profitability in the first quarter and regained well-capitalized status after receiving a $15 million capital injection from its foreign parent corporation.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M3NrDCYYiYc:DBFvcYSfNnQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M3NrDCYYiYc:DBFvcYSfNnQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M3NrDCYYiYc:DBFvcYSfNnQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M3NrDCYYiYc:DBFvcYSfNnQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=M3NrDCYYiYc:DBFvcYSfNnQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=M3NrDCYYiYc:DBFvcYSfNnQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
First Northern Bank increased Q1 earnings
Posted: May 1st, 2009, 12:01pm EDT
First Northern Community Bancorp, the parent of First Northern Bank, earned $453,000 in the first quarter, up from earnings of $60,000 during the same period in 2008.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T-VOsLD0_ps:zUhfm52BdDI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T-VOsLD0_ps:zUhfm52BdDI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=T-VOsLD0_ps:zUhfm52BdDI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T-VOsLD0_ps:zUhfm52BdDI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=T-VOsLD0_ps:zUhfm52BdDI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=T-VOsLD0_ps:zUhfm52BdDI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
New Century Bank swings to profit
Posted: May 1st, 2009, 11:59am EDT
Economists may not agree on whether the recession has hit bottom yet, but there’s no doubt that Dunn-based New Century Bank staged a turnaround of its own during the first quarter.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wRoQaMueWz4:v3MAyOiqfhE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wRoQaMueWz4:v3MAyOiqfhE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wRoQaMueWz4:v3MAyOiqfhE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wRoQaMueWz4:v3MAyOiqfhE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=wRoQaMueWz4:v3MAyOiqfhE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=wRoQaMueWz4:v3MAyOiqfhE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Results delayed on banks’ stress tests
Posted: May 1st, 2009, 11:49am EDT
The Federal Reserve and U.S. Treasury Department will release the results of their “stress tests” on the banking industry on Thursday, later than had been previously planned. (BAC) (C)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Whz2L6mu-Lo:iyCBzTkNyJc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Whz2L6mu-Lo:iyCBzTkNyJc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Whz2L6mu-Lo:iyCBzTkNyJc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Whz2L6mu-Lo:iyCBzTkNyJc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=Whz2L6mu-Lo:iyCBzTkNyJc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=Whz2L6mu-Lo:iyCBzTkNyJc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Former Countrywide CEO Angelo Mozilo faces trial
Posted: May 1st, 2009, 11:45am EDT
A federal judge has ruled that Angelo Mozilo, former chairman and chief executive of Countrywide Financial Corp., should be tried in Florida in a civil case targeting deceptive trade practices. (BAC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tp1qmK3aqXs:ksiaZmi55D8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tp1qmK3aqXs:ksiaZmi55D8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tp1qmK3aqXs:ksiaZmi55D8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tp1qmK3aqXs:ksiaZmi55D8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=tp1qmK3aqXs:ksiaZmi55D8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=tp1qmK3aqXs:ksiaZmi55D8:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Results delayed on banks’ stress tests
Posted: May 1st, 2009, 11:41am EDT
The Federal Reserve and U.S. Treasury Department will release the results of their “stress tests” on the banking industry on Thursday, later than had been previously planned. (BAC) (C)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=orAJU6AvkVo:0BFCZcSjgcQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=orAJU6AvkVo:0BFCZcSjgcQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=orAJU6AvkVo:0BFCZcSjgcQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=orAJU6AvkVo:0BFCZcSjgcQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=orAJU6AvkVo:0BFCZcSjgcQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=orAJU6AvkVo:0BFCZcSjgcQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Central Park building sells for $2.2M
Posted: May 1st, 2009, 11:34am EDT
A two-story commercial building in Orlando Central Park sold for $2.2 million last month.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vRW3inhCaQQ:UZJHHLSbygk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vRW3inhCaQQ:UZJHHLSbygk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vRW3inhCaQQ:UZJHHLSbygk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vRW3inhCaQQ:UZJHHLSbygk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vRW3inhCaQQ:UZJHHLSbygk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vRW3inhCaQQ:UZJHHLSbygk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Profits fall at Lake Shore Bancorp
Posted: May 1st, 2009, 11:32am EDT
Lake Shore Bancorp Inc. reported net income dropped 38.4 percent in the first quarter primarily due to a decrease in loan interest income. (LSBK)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ts11KzZ60Fw:te4NEzm93Ik:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ts11KzZ60Fw:te4NEzm93Ik:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ts11KzZ60Fw:te4NEzm93Ik:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ts11KzZ60Fw:te4NEzm93Ik:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ts11KzZ60Fw:te4NEzm93Ik:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ts11KzZ60Fw:te4NEzm93Ik:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
TARP recipient 1st United returns to profitability
Posted: May 1st, 2009, 11:26am EDT
Boca Raton-based 1st United Bancorp, one of three South Florida banks to receive government TARP money, returned to profitability in the first quarter and boosted its lending.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1wyeHku0eUI:6x4feUHqORY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1wyeHku0eUI:6x4feUHqORY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1wyeHku0eUI:6x4feUHqORY:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1wyeHku0eUI:6x4feUHqORY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=1wyeHku0eUI:6x4feUHqORY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=1wyeHku0eUI:6x4feUHqORY:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Region’s health-care startup investments up in 1Q
Posted: May 1st, 2009, 11:20am EDT
Midwest health-care startups bucked a downward nationwide trend for investments last quarter, with a Cleveland bioscience organization reporting that infusions grew 14 percent over a year ago.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U8EOo5KTYAA:NzGZGxRp6Gk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U8EOo5KTYAA:NzGZGxRp6Gk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=U8EOo5KTYAA:NzGZGxRp6Gk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U8EOo5KTYAA:NzGZGxRp6Gk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=U8EOo5KTYAA:NzGZGxRp6Gk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=U8EOo5KTYAA:NzGZGxRp6Gk:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Markets rally Friday, make small gains by close
Posted: May 1st, 2009, 11:16am EDT
The markets struggled in Friday morning trading, but both the Dow and the Nasdaq rallied to close in positive territory. The Dow finished the day at 8,212.41, up 44.29 points or 0.54 percent. Nasdaq kept its upward climb going, ending Friday at 1,719.20, up 1.90 points, or 0.11 percent. (AA) (AYE) (ATI) (AEO) (BK) (CNX) (DKS) (FII) (FNFG) (HNZ) (KMT) (KOP) (PNC) (PPG) (X) (WAB) (WCC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EKAYSDXBHYo:prQDgu8nvS4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EKAYSDXBHYo:prQDgu8nvS4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EKAYSDXBHYo:prQDgu8nvS4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EKAYSDXBHYo:prQDgu8nvS4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=EKAYSDXBHYo:prQDgu8nvS4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=EKAYSDXBHYo:prQDgu8nvS4:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cox Communications rolls out contract pricing on lowest bundled tier
Posted: May 1st, 2009, 11:07am EDT
Cox Communications Inc. has instituted a 12-month contract price for its lowest bundled tier of services, which includes residential cable television, phone and Internet services.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QNa92pSYwFk:2d3uEjS0-bs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QNa92pSYwFk:2d3uEjS0-bs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QNa92pSYwFk:2d3uEjS0-bs:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QNa92pSYwFk:2d3uEjS0-bs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=QNa92pSYwFk:2d3uEjS0-bs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=QNa92pSYwFk:2d3uEjS0-bs:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Fla. condo lender Corus Bank warns of receivership
Posted: May 1st, 2009, 11:03am EDT
Major South Florida condo lender Corus Bankshares warned that it could be the next to fail. (CORS)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bdb7zf3FuIs:yd-gkGjWXXw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bdb7zf3FuIs:yd-gkGjWXXw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bdb7zf3FuIs:yd-gkGjWXXw:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bdb7zf3FuIs:yd-gkGjWXXw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=bdb7zf3FuIs:yd-gkGjWXXw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=bdb7zf3FuIs:yd-gkGjWXXw:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Lockheed Martin buys Imes Strategic Support
Posted: May 1st, 2009, 10:33am EDT
A subsidiary of Lockheed Martin Corp. has bought Imes Strategic Support Ltd. to let the defense giant offer a broader set of services to U.S. and U.K. customers. (LMT)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F-PjKL6GDFk:976-EUut6cI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F-PjKL6GDFk:976-EUut6cI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=F-PjKL6GDFk:976-EUut6cI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F-PjKL6GDFk:976-EUut6cI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=F-PjKL6GDFk:976-EUut6cI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=F-PjKL6GDFk:976-EUut6cI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Cascade Bancorp reports first quarter loss
Posted: May 1st, 2009, 10:30am EDT
Cascade Bancorp lost almost $4 million in the first quarter. (CACB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FiqAhbQJtzc:z3--An4ZMG0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FiqAhbQJtzc:z3--An4ZMG0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FiqAhbQJtzc:z3--An4ZMG0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FiqAhbQJtzc:z3--An4ZMG0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=FiqAhbQJtzc:z3--An4ZMG0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=FiqAhbQJtzc:z3--An4ZMG0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Pacific Valley Bank swings to Q1 profit
Posted: May 1st, 2009, 10:28am EDT
Pacific Valley Bank on Friday reported first quarter net income of $129,700, or 6 cents a share, compared to a loss of $478,400, or 25 a share in the first quarter of 2008.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w8K3rt1CWec:dgAAXPZWK5Y:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w8K3rt1CWec:dgAAXPZWK5Y:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=w8K3rt1CWec:dgAAXPZWK5Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w8K3rt1CWec:dgAAXPZWK5Y:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=w8K3rt1CWec:dgAAXPZWK5Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=w8K3rt1CWec:dgAAXPZWK5Y:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Wachovia Securities becomes Wells Fargo Advisors
Posted: May 1st, 2009, 10:25am EDT
Wachovia Securities will be renamed Wells Fargo Advisors on Friday. (WFC)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ONGM4eFBXso:O5YOowA6bkE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ONGM4eFBXso:O5YOowA6bkE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ONGM4eFBXso:O5YOowA6bkE:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ONGM4eFBXso:O5YOowA6bkE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=ONGM4eFBXso:O5YOowA6bkE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=ONGM4eFBXso:O5YOowA6bkE:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Greene Memorial to close obstetrics unit
Posted: May 1st, 2009, 10:25am EDT
Greene Memorial Hospital will close its obstetrics unit on July 1, officials announced Friday.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=N1zxHJpTh2M:LkUbfeP42zo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=N1zxHJpTh2M:LkUbfeP42zo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=N1zxHJpTh2M:LkUbfeP42zo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=N1zxHJpTh2M:LkUbfeP42zo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=N1zxHJpTh2M:LkUbfeP42zo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=N1zxHJpTh2M:LkUbfeP42zo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
City National Bank Q1 profits up
Posted: May 1st, 2009, 9:48am EDT
City National Bank of Florida saw improved earnings in the first quarter and is bullish on growth.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sc5zTCw9EQY:uf4Wlim9_Dc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sc5zTCw9EQY:uf4Wlim9_Dc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sc5zTCw9EQY:uf4Wlim9_Dc:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sc5zTCw9EQY:uf4Wlim9_Dc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=sc5zTCw9EQY:uf4Wlim9_Dc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=sc5zTCw9EQY:uf4Wlim9_Dc:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Losses grow for American Axle
Posted: May 1st, 2009, 9:44am EDT
American Axle amp; Manufacturing Holdings Inc. reported wider losses in the first quarter due the struggling auto sector.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2RCpJhS6Rdg:Fy4W7XJ1JII:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2RCpJhS6Rdg:Fy4W7XJ1JII:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2RCpJhS6Rdg:Fy4W7XJ1JII:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2RCpJhS6Rdg:Fy4W7XJ1JII:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=2RCpJhS6Rdg:Fy4W7XJ1JII:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=2RCpJhS6Rdg:Fy4W7XJ1JII:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
AIMCO reports Q1 loss of $37.7M, cuts dividend
Posted: May 1st, 2009, 9:35am EDT
Apartment Investment and Management Co. (AIMCO) Friday reported a net loss attributable to shareholders in the first quarter of $37.7 million, versus $38.9 million for the year-prior period. (AIV)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KFXobSfKtvU:ZFsEWcLjImI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KFXobSfKtvU:ZFsEWcLjImI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KFXobSfKtvU:ZFsEWcLjImI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KFXobSfKtvU:ZFsEWcLjImI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=KFXobSfKtvU:ZFsEWcLjImI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=KFXobSfKtvU:ZFsEWcLjImI:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Dean Foods reports Q1 profit
Posted: May 1st, 2009, 9:28am EDT
Dean Foods Co. saw its profit more than double in the first quarter as the company benefited from income growth in two key segments — the dairy-direct division and the WhiteWave Morningstar brand. (DF)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5BEhbdbShQo:fytu_GRaDzo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5BEhbdbShQo:fytu_GRaDzo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5BEhbdbShQo:fytu_GRaDzo:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5BEhbdbShQo:fytu_GRaDzo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=5BEhbdbShQo:fytu_GRaDzo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=5BEhbdbShQo:fytu_GRaDzo:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Bergheiser University City District’s new leader
Posted: May 1st, 2009, 8:57am EDT
University City District has named a new executive director to oversee the special services district in West Philadelphia.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m2cUfwhoZ9A:M0ROBi8-hwM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m2cUfwhoZ9A:M0ROBi8-hwM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m2cUfwhoZ9A:M0ROBi8-hwM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m2cUfwhoZ9A:M0ROBi8-hwM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=m2cUfwhoZ9A:M0ROBi8-hwM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=m2cUfwhoZ9A:M0ROBi8-hwM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Sun American Bancorp’s losses narrow, bad loans double
Posted: May 1st, 2009, 8:46am EDT
Sun American Bancorp’s net loss narrowed to $5.3 million in the first quarter from a $50.8 million loss in the fourth quarter, but the number of late and unpaid loans on its books spiked 67 percent. (SAMB)div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTz7oXOMWu8:0HuwEweYse0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTz7oXOMWu8:0HuwEweYse0:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lTz7oXOMWu8:0HuwEweYse0:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTz7oXOMWu8:0HuwEweYse0:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=lTz7oXOMWu8:0HuwEweYse0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=lTz7oXOMWu8:0HuwEweYse0:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Triad banks post losses
Posted: May 1st, 2009, 8:03am EDT
Three large Triad community banks all reported losses for the first quarter, with each suffering having to set aside money to cover bad loans.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DtBh6Uftri4:zGPj_meSB70:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DtBh6Uftri4:zGPj_meSB70:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DtBh6Uftri4:zGPj_meSB70:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DtBh6Uftri4:zGPj_meSB70:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=DtBh6Uftri4:zGPj_meSB70:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=DtBh6Uftri4:zGPj_meSB70:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div -
Rand flat in 2Q
Posted: May 1st, 2009, 6:06am EDT
Buffalo business development company Rand Capital Corp. said its net asset value in the first quarter fell by 1-cent from the previous quarter to $3.53 per share.div class="feedflare" a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vdA1ciaboPA:FUsnABZXQFM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vdA1ciaboPA:FUsnABZXQFM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vdA1ciaboPA:FUsnABZXQFM:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vdA1ciaboPA:FUsnABZXQFM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/vertical_10?i=vdA1ciaboPA:FUsnABZXQFM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.bizjournals.com/~ff/vertical_10?a=vdA1ciaboPA:FUsnABZXQFM:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/vertical_10?d=qj6IDK7rITs" border="0"/img/a /div