Posted in Corporate Finance News, Finance News, Global Finance on 10. Jan, 2011
DEVELOPER Plenary Group has turned to mezzanine financing to help fund the purchase of a slice of South Wharf DFO operator Austexx affected. The most indebted of the South Wharf development is a catalyst for the crisis, which led Austexx knees, forcing it to land three DFOs. A plenary session has raised its share of [...]
Posted in Corporate Finance News, Finance News, Global Finance on 13. Dec, 2010
Australian Bureau Statistics Figures show that the consumers rented 0.4 per cent less in October seasonally adjusted compared to the last month. Reduce personal finance loan includes credit cards. But while consumers may have reduced its debt, financing of total loans increased 3.7 percent in October. Borrowing commitments for home owner-occupiers jumped by 2.8 per [...]
Posted in Corporate Finance News, Finance News, Global Finance on 09. Dec, 2010
The Institute of International Finance, Inc. (IIF), a global association of financial institutions, said in a note that, The Philippine economy could grow 6.5% this year, faster than the government target of 5% to 6%, has a strong trade in goods and services, low inflation and efforts to control the deficit. Authorized data show the [...]
Posted in Corporate Finance News, Finance News, Global Finance on 25. Nov, 2010
Over 1200 participants from about 50 countries participate in the 17th Annual World Islamic Banking Conference (WIBC 2010) for Islamic Finance , which concludes today at Gulf Hotel. The three-day event is convened by the patron of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa and held under the sponsorship of the [...]
Posted in Finance News on 30. Jun, 2010
Abbott Labs (NYSE: ABT) outbid other drugmakers to purchase Solvay‘s pharmaceuticals business. The American drugmaker clearly saw an opportunity to get full control of cholesterol drugs Tricor and TriLipix, which the companies sold together, as well as a presence in the emerging markets. Solvay’s flu vaccine business, on the other hand, Abbott can live without. The Wall Street Journal reports [...]
Posted in Finance News on 17. Jun, 2010
The Shanghai Composite Index .SSEC ended the session at 2,560.2 points, its lowest close in more than a week and retreating from a high of 2,595.5 hit early in the session when sentiment was boosted by stronger European markets. The index ended up 0.3 percent last Friday, its last trading day before a three-day public holiday. [...]
Posted in Finance News on 15. Jun, 2010
Kazakhstan-focused oil and gas company Max Petroleum Plc (MXP.L) said on Tuesday it would plug and abandon its KZI-1 well, as it did not find any hydrocarbons in the area, sending its shares down 18 percent. In October last year, the company was hoping to produce multiple commercial discoveries from its portfolio of 12 matured [...]
Posted in Finance News on 14. Jun, 2010
European shares touched a four-week high on Monday as strong euro zone industrial output rekindled optimism over the region’s economic outlook, while AXA (AXAF.PA) rose on talks of a UK asset sale to Resolution (RSL.L). By 1038 GMT, the pan-European FTSEurofirst 300 .FTEU3 index of top shares was 1 percent higher at 1,018.48 points, up for [...]
Posted in Finance News on 11. Jun, 2010
Bank repossessions hit a record monthly high in May, according to RealtyTrac, the online marketer of foreclosed properties. Lenders took back 93,777 properties, up 1% from the previous month’s record and 44% from the same period a year earlier. Foreclosure filings, meanwhile, fell by 3% from a month earlier and edged up less than 1% [...]
Posted in Corporate Finance News on 09. Jun, 2010
Q1 Revenues, $1,452,133 vs. Nil, Q1 2009, Q1 Net Income $355,123 vs. Loss of $656,874, Q1 2009; Q1 Quarter Revenues Almost Doubled Prior Quarter’s $753,436 HOUSTON, TX, — Spine Pain Management, Inc. (OTCBB: SPIN) is pleased to report financial results for the first quarter ending March 31, 2010. Spine Pain Management, Inc. began operations of [...]
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