The importance of energy, oil, coal, and other minerals and natural resources is very evident throughout the world. The demand for commodities such as oil and gas is increasing and many energy and mining companies are on the lookout for land and properties rich with minerals. With energy and mining companies looking and mineral rights owners possessing the potential to ... [full story]
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A motor bike often becomes an essential vehicle when it is about meeting quick requirements. Those who love riding motor bikes, especially men and the young generation feel this need much. To help you in buying a motor bike the cheap motor bike loans will play a vital role. Cheap motor bike loans provide the essential fund for buying ... [full story]
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Asset finance allows companies to collect funds for the purchase of assets they might need to make their businesses run successfully. At times, paying a huge amount of cash at one time for buying assets can be really hard to manage. Moreover it would significantly affect the company's working capital. With asset finance one can raise the capital to buy ... [full story]
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Arison Insurance Services, Inc., has been sold to Assurance Investment Partners (AIP). Previously an affiliate of Anthem Blue Cross and Blue Shield in Kentucky, Arison has six offices across Kentucky and sells medical, dental, life and disability insurance to groups and individuals. The company will continue to operate under the Arison name and all of the Arison employees ... [full story]
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The Federal Reserve's direct loans of cash to commercial banks climbed to the highest level on record in the past week as money-losing lenders increasingly turn to the central bank for funds. Funds provided through the so-called discount window for banks rose by $2.8 billion to a daily average of $14.4 billion in the week to May 14, the ... [full story]
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Jones Lang LaSalle is strengthening its overseas presence through new relationships with commercial real estate players in Australia, The Philippines and Turkey. In the most major of the three new relationships, JLL is entering into a 50-50 joint venture, effective June 1, with Colonial First State Property Management (CFSPM), a subsidiary of Australia’s largest bank and second-largest company, Commonwealth ... [full story]
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Micro Finance Bank of Azerbaijan (MFBA) has begun leasing safe deposit boxes to the interested individuals and companies, the Bank said on 10 April. The boxes are located in specially equipped premises of the banks and are protected with up-to-date security systems. This service will include two sizes of boxes and will allow customers to safely stow currency, valuables ... [full story]
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First Ship Lease Trust (Reuters: FSLT.SI; Bloomberg: FSLT SP) today announced that the Company's Chief Executive Officer, Philip Clausius, is scheduled to present at the BB&T 23rd Annual Transportation Services Conference in Florida on Thursday, February 14, 2008 at 1:30 p.m. ET. The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/bbt11/lj9/ . In ... [full story]
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Standard & Poor's Ratings Services said it has cut its rating outlook on International Lease Finance Corp (ILFC) -- rated 'AA-' -- to 'negative' from 'stable' based on the similarly revised outlook of its indirect parent American Intl Group Inc (AIG). S&P also said that the outlook change does not reflect credit problems at ILFC itself, which is benefiting ... [full story]
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American Campus Communities, Inc. (NYSE: ACC: 28.05, -0.38, -1.33%), one of the nation's largest developers, owners and managers of high-quality student housing properties, today announced that it has entered into a definitive merger agreement pursuant to which American Campus Communities will acquire GMH Communities Trust (NYSE: GCT: 8.67, +3.08, +55.09%) for approximately $1.4 billion including outstanding debt totaling approximately $963 ... [full story]
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Sterling Financial Corporation (Nasdaq: SLFI) announced today that a special shareholder meeting will be held on March 26, 2008 at 10:30am in the Liberty Place Conference Center, 313 West Liberty Place, Lancaster, PA 17603. The purpose of this meeting will be to take the vote on the merger with The PNC Financial Services Group, Inc., (NYSE: PNC: 63.73, +1.36, ... [full story]
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Taubman Centers, Inc. (NYSE: TCO: 49.60, +1.47, +3.05%) today issued its financial results for the year and quarter ended December 31, 2007. (Logo: http://www.newscom.com/cgi-bin/prnh/20051005/TAUBMANLOGO ) Net Income allocable to common shareholders per diluted common share (EPS: 46.96, +0.19, +0.40%) for the year ended December 31, 2007 was $0.90, up from $0.40 for the year ended December 31, 2006. ... [full story]
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The mortgage meltdown is hitting both homes and workplaces now. An expanding crisis in residential lending is putting the squeeze on office landlords in some locales across the country as financial service firms and mortgage lenders downsize or shutter operations. A subsequent rise in vacancies has weakened a property sector that has enjoyed robust rent growth to date. ... [full story]
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Ariz.--(BUSINESS WIRE)--Avnet Technology Solutions, an operating group of Avnet, Inc. (NYSE:AVT) and a distributor focused on enterprise computer products and embedded subsystems, today launched Avnet Capital Solutions, its new private-label leasing program. Avnet Capital Solutions’ competitive leasing services will allow Avnet partners to bundle hardware, software, services and financing in one sale. Available to end users through Avnet’s U.S. value-added ... [full story]
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FFW Corporation (OTCBB: FFWC) (1/22/2008 Close: $23.00), parent corporation of Crossroads Bank, formerly First Federal Savings Bank of Wabash, announced operating results for the second fiscal quarter of 2008 and six months ended December 31, 2007. Net income and diluted net income per share for the three months ended December 31, 2007 were $651,000 and $0.55 compared to $695,000 and ... [full story]
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AerCap Holdings N.V. today announced the completion of the following transactions during fourth quarter 2007: -- Signed new lease agreements for 21 aircraft, -- Delivered seven aircraft and 13 engines under lease agreements, -- Purchased 11 aircraft and five engines, -- Sold 16 aircraft and three engines as part of portfolio optimization strategy, ... [full story]
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Tribune Media Services (TMS: 11.73, -0.37, -3.05%), the content-licensing unit of Tribune Company, today announced the introduction of two syndicated weekly columns by award-winning automotive writer Jim Mateja to print and online publishers and other media. The column "Test Drive" takes a comprehensive look at "the good, the bad and the ugly," in Mateja's words, of new cars for ... [full story]
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OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) reported today that James C. Eckert, President and Chief Executive Officer, announced his intention to retire during 2008. Eckert will continue serving as the chief executive officer, will assist the Company with the appointment and transition of the Company's next CEO, and has agreed to serve as a consultant to the Company after his ... [full story]
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Ingram Micro Announces Flexible New Leasing Finance Options and Expanded Field Support for Partners in the U.S. Distributor Teams up with Leading Financial Vendors to Ready Partners for Growth in 2008, Debuts New Lineup of Customizable Leasing Options and Enhanced Field Credit Support SANTA ANA, Calif., Jan. 7 /PRNewswire/ -- In an economy of tight credit availability and ... [full story]
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Odessa Technologies (Odessa), creator of "LeaseWave" lease management software suite, has conducted an extensive business process analysis of Merchants Leasing operations, with the ultimate goal of process improvement and re-engineering during the implementation of LeaseWave. The system will be delivered and installed in stages, configured and customized to tailor-fit Merchants Leasing's present and future needs. "With Merchants Leasing, we ... [full story]
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AAR today reported fiscal 2008 second quarter net sales of $310.6
million and income from continuing operations of $17.9 million, or
$0.42 per diluted share. Sales grew 27% from $244.3 million last year,
and income from continuing operations increased 28% from $14.0 million
in the prior year. For the six months ended November 30, 2007, net
sales grew 27% to $616.6 million, and income from ... [full story]
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The Lessors Network, an online Network of integrated equipment lease finance services, today announced First Financial Corporate Services, Inc. has renewed their Lessors Network membership for 2008. John Semon, CEO for the Lessors Network commented, "First Financial is a key player in the commercial finance markets and we are pleased they will remain part of our global equipment leasing and ... [full story]
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The Ohio University Board of Trustees will take another look at the proposed leasing of land for a retirement center, an OU spokeswoman confirmed Friday. The Ohio Department of Administrative Services, which must OK the lease, has asked the university if it still wants to pursue the lease as submitted to the state. That proposal called for leasing land ... [full story]
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Leading national and regional multifamily housing developer JPI has topped out construction of its first two luxury apartment projects in the new ballpark district of Washington, D.C. The Jefferson at Capitol Yards, located at 70 Eye Street, will have 448 apartments in two towers. Located right next door at 100 Eye Street, Mercury at Capitol Yards will ... [full story]
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At one time, commercial buildings in smaller markets usually were owned and managed by individuals or couples who were easily accessible. These days, however, buildings are just as likely to be owned by large corporations based overseas and managed by companies headquartered out of state. Due to the many legal and practical aspects of ownership, the first step in ... [full story]
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The Dubai Air Show is organized by Fairs & Exhibitions (1992) Ltd. in cooperation with the Government of Dubai, Department of Civil Aviation and Dubai International Airport in collaboration with the United Arab Emirates Armed Forces. The business aircraft will be operated by private individuals in Middle East and Asia-Pacific region. While the commercial aircraft will be place with ... [full story]
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The Industrial Services Group of national commercial real estate firm Studley has represented leading U.S. companies, Coca-Cola Enterprises and Flaghouse on transactions that will keep these companies operating major distribution centers in New Jersey, as well as represented existing client Georgia- Pacific with the disposition of excess space. The transactions, closed in the fourth quarter of 2005, total 492,000 ... [full story]
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State Secretary at the Serbian Ministry of Finance Slobodan Ilic said today that leasing companies have great importance for the country primarily because they will help Serbia to technologically progress. At a roundtable held on leasing services in Serbia and possible improvements, Ilic said that leasing companies have a number of objections regarding business conditions and the Finance Ministry ... [full story]
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The General Services Administration plans to tell agencies they can no longer negotiate their own leases for large offices after recent audits showed some have abused their leasing authority. Recent investigations by the General Services Administration’s inspector general and the Government Accountability Office showed the Defense and Homeland Security departments and others paid higher rents than they should have ... [full story]
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China Minsheng Banking Corp., Ltd. (Minsheng Bank, 600016.SH), China's first non-state commercial bank, has received regulatory approval to establish a financial leasing company. Based in Beijing, Minsheng Bank thus becomes the country's fourth lender granted such approval. Before it, China Construction Bank (0939.HK, 601939.SH), Industrial and Commercial Bank of China (601398.SH, 1398.HK), and Bank of Communications (601328.SH, 3328.HK) ... [full story]
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While looking for a loan that satisfies your needs without asking for collateral, it is very usual to expect a high rate of interest from the lenders. Though there are many choices available, the borrower should be able to decide considering all the aspects of the deal. Unsecured loan quote helps the borrower in deciding which deal can prove to ... [full story]
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The finance industry is concerned with how individuals and institutions handle their financial resources -- how they raise their money, where they allocate it and how they use it -- and assesses the risks involved in these activities as well as recommends ways to manage these risks. There are a number of exciting and rewarding jobs in the field ... [full story]
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