Finance News

Unlock the world of finance with information about the accounting, banking and financial services, insurance and investment industries. Catch up on the latest innovations in retail and commercial banks, personal finance management and the major players on the venture capital stage.

BDA Advises on Five Cross-Border Deals in One Week

Business Development Asia (“BDA”) advises clients on five cross-border transactions signed or announced last week, involving companies from China, India, Japan and Korea, as well as Europe and the US. Transactions included: · Advised Larsen &Toubro (India) on the divestment... - September 07, 2012 - BDA Partners Ltd

Eltman, Eltman & Cooper Release Compliance White Paper

As a hot topic in the ARM industry, EEC, the nations dormant judgment experts, has released a Compliance White Paper explaining the various compliance issues and how to overcome them. - September 07, 2012 - Eltman, Eltman & Cooper

ktMINE® Named One of the 75 Finalists for 11th Annual Chicago Innovation Awards

ktMINE®, an intellectual property (IP) data and information services firm located in Chicago, is one of the top 75 finalists for the prestigious 2012 Chicago Innovation Awards reflecting a cross section of the Chicago and surrounding regions’ business communities. - September 06, 2012 - ktMINE

The BSC Group Announces $60 Million in 60 Days

The BSC Group Announces $60 Million in 60 Days

The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, announced it has arranged $60.3 million in financing on behalf of nine self-storage industry owners in the past 60 days. With this round of financing,... - September 06, 2012 - The BSC Group, LLC

Uniastrum Reviews Results of 4-Year Membership of Bank of Cyprus Group

In 2008, just before the world was hit by financial crisis, the Bank of Cyprus acquired an 80% stake in Uniastrum, investing over 600 million dollars in the Russian economy. - September 06, 2012 - Uniastrum Bank

UAE Exchange, India Raises Curtain to Four More Branches

UAE Exchange has opened four new branches in South India during the month of August, at Cuddalore, Ariyalur, Vedaranyam and Karaikal in the state of Tamil Nadu. - September 06, 2012 - UAE Exchange India

Bridgestone Global Partners Boosts Global Cash Equity Division and Trading Capabilities

In its effort of continuous business expansion particularly on the trading capabilities of its global equities division, Bridgestone Global Partners, a leading commodity futures and brokerage trading service firm, has announced additional senior traders to help expand Global Cash Equities divisions. - September 06, 2012 - Bridgestone Global Partners

BDA Advises Totoku Electric on Joint Venture with Belton Technology Group in Hard Disk Drive Components

Business Development Asia LLC ("BDA") is pleased to announce that its client, Totoku Electric Co., Ltd. (“Totoku”) has executed a definitive transaction agreement with Hong Kong-based Belton Technology Group ("Belton") to form a joint venture, BELTONTOTOKU Technology... - September 05, 2012 - BDA Partners Ltd

BDA Advised MKS Instruments on Acquisition of Plasmart, a Korean Plasma Technology Solution Provider

Business Development Asia LLC (“BDA”) is pleased to announce that its client, MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, acquired Plasmart, Inc. of Daejeon, Korea in a cash transaction closed on August... - September 03, 2012 - BDA Partners Ltd

Health Reform Tax Changes That Impact Long Term Care Insurance

Starting in 2013, changes to tax rules resulting from health care reform will impact those purchasing long term care insurance according to the director of the American Association for Long Term Care Insurance. - September 02, 2012 - American Association for Long-Term Care Insurance

UAE Exchange’s Initiative to Protect Environment

UAE Exchange, India, proactively engages in the initiatives to protect Mother Nature, apart from focusing on its core business that range from International Money Transfer to Share Trading. - September 02, 2012 - UAE Exchange India

The FCF Group: This is Now the Best Time to Invest in Commodities

The FCF Group recently announced that commodities are already reacting upward to inflationary signs worldwide. Various commodities have already made multi-year highs over the past few months. Charles Haye, Senior Analyst at the FCF Group, stated “Obviously, gold is on every investors radar at the moment but also recently the price of wheat futures hit a 30 year high as global inventories went from an excessive supply to a shortfall in the period of just a couple of weeks.” - September 01, 2012 - Fitch Commodity Futures Group

Yurizk™ Launches the First Interactive Online Directory of Islamic Finance Training & Education Providers

With the launch of first interactive online directory of academic and training institutions for Islamic Finance industry, Yurizk™ aims to facilitate and accelerate the process of creating qualified Islamic Finance professionals in this industry. - September 01, 2012 - Yurizk

Sawlog Prices Trended Downward Worldwide in the Past 12 Months; with the Global Sawlog Price Index Falling 11% from the 2Q/11 to the 2Q/12

Wood costs have fallen the past year for many sawmills in the major lumber-producing countries worldwide. The Global Sawlog Price Index was US$82.90 per cubic meter in the 2Q/12, which was 11.5% lower than in the 2Q/11, according to the Wood Resource Quarterly. Sawlog prices have declined the most in Europe the past year. - August 31, 2012 - Wood Resources International LLC

Gateway Commercial Finance Receives Inc. 500/5000 Recognition

Gateway Commercial Finance, a factoring company located in Florida, receives Inc. 500/5000 recognition for 2012 as one of America's fastest growing companies. - August 31, 2012 - Gateway Commercial Finance, LLC

Securities America Employees Help Project Harmony Initiative

Community service is one of the core values of Securities America, as the employees demonstrated the same by coming together at Project Harmony, to help children who are victims of abuse and neglect. Each child was given a blanket and a toy as comfort gifts, all of which was paid for by Securities America. Project Harmony, which helps nearly 2300 children, has been receiving support from the financial advisory firm for various drives in the past. - August 31, 2012 - Securities America Inc.

The StoneHill Group Announces Major Expansion at the Atlanta Headquarters

The StoneHill Group Announces Major Expansion at the Atlanta Headquarters

The StoneHill Group, a national provider of mortgage quality control, due diligence, government insuring and post closing services to the mortgage industry nationwide, announced that it is expanding the Atlanta, Georgia headquarters to 15,000 feet in order to accommodate the dynamic growth within... - August 30, 2012 - The StoneHill Group

London Gold and Commodities Exchange Offers Reduced Options Trading Costs to Active Traders

London Gold and Commodities Exchange, an international commodity futures and brokerage trading service provider with access to most liquid markets worldwide is now offering a newly reduced options trading costs to its active traders. - August 30, 2012 - London Gold and Commodities Exchange

Bridgestone Global Partners Releases Results of Its First Completed Survey on Online Trading Forum Participation

Bridgestone Global Partners, a leading commodity futures and brokerage trading service provider with access to nearly 70 market exchanges worldwide has recently released the results of its first completed survey which concerns on who’s the most active online trading forum participants. - August 30, 2012 - Bridgestone Global Partners

Forex-Metal Offers Customer Support in Spanish and Portuguese

Forex-Metal broker is now offering support in Spanish and Portuguese by email, phone, and via social media channels. - August 30, 2012 - Forex-Metal

London Gold and Commodities Exchange Has Named New Chief Technology Officer

In its effort to maintain and upgrade its trading technology and systems, London Gold and Commodities Exchange, a premier commodity futures and options trading service provider, has announced today the appointment of the new Chief Technology Officer, Mr. Franco Gardner. Mr. Gardner is responsible in developing new trading systems that will provide trading benefits to all types of traders and investors worldwide. - August 30, 2012 - London Gold and Commodities Exchange

New Website Launch for Penny Stocks Message Board

New Website Launch for Penny Stocks Message Board

PSR LLC located in Mechanicsburg, PA is proud to announce to you the launch of the new website for Penny Stocks Message Board. This website is focused on providing the Message board and online chat services to all the Stock traders in United States. Currently, the new website... - August 29, 2012 - PSR Agency LLC

Local Financial Advisor Gary S. Williams Calls on Dept. of Labor to Protect Investors’ Access to IRA Advice

Gary S. Williams, President of Williams Asset Management, today called on the U.S. Department of Labor (DOL) to follow a set of criteria while writing their new rule to redefine the term “fiduciary” – a rule that threatens to price millions of Main Street Americans out of... - August 29, 2012 - Williams Asset Management

Deltastock is the First Foreign Broker to Become Market Maker on the Sibiu Stock Exchange (SIBEX) in Romania

The company established a Bucharest branch back in 2007 and is now planning on expanding its activity in the country. - August 29, 2012 - Deltastock

CPEhr Named One of Los Angeles’ “Best Places to Work” for the Fourth Consecutive Year

Human Resources Outsourcing firm CPEhr recognized as one of the “Best Places to Work in Los Angeles” by the Los Angeles Business Journal competition for the fourth consecutive year. - August 28, 2012 - CPE HR, Inc.

Banking Sector in Central and Eastern Europe Tops EUR 1 Trillion in Assets

Despite the global financial crisis, banking markets in Central and Eastern Europe (CEE) remained stable in 2011. The key metrics - banking assets in CEE15* increased by a fraction to a total of EUR 993 billion at the end of 2011 says Marcin Mazurek, Director of Inteliace Research, a consultancy, while presenting their latest report TOP200 banks in CEE 2012. - August 28, 2012 - Inteliace Research

BDA Advises Larsen & Toubro on the Divestment of L&T Plastics Machinery to Toshiba Machine Co.

Business Development Asia LLC ("BDA") is pleased to report that its client, Larsen & Toubro Ltd (“L&T”), a diversified, publicly traded Indian engineering group, has entered into an agreement with Japan-based Toshiba Machine Co., Ltd (“TMC”) to divest its... - August 27, 2012 - BDA Partners Ltd

Wood Chip Prices Fell Throughout the US and Canada in the 2Q/12; the US South Continues to Have the Lowest Chip Prices and Eastern Canada the Highest

Prices for softwood chips have trended downward in both the US and Canada during the first six months of 2012, according to the North American Wood Fiber Review. The biggest declines came in British Columbia and Alberta because of lower market pulp prices. Chip prices in the US South, the Lake States and the Northeast experienced only minor price adjustments during the first half of this year. - August 27, 2012 - Wood Resources International LLC

Rocky Bleier and Son, Adri Bleier, Form Bleier Zagula Financial to Help Safeguard Pittsburgh Area Retirees

The growing concern with seniors and baby boomers is how to safely prepare for retirement in these volatile economic times. Enter local sports hero, Vietnam vet, concerned citizen and business man, Rocky Bleier. - August 27, 2012 - Bleier Zagula Financial

Tax Consulting Firm Helps Equipment Leasing Company with Tax Exemption

Aero & Marine Tax Professionals Assist in Securing Tax Exemption from California Board of Equalization - August 27, 2012 - Aero & Marine Tax Professionals

Aero & Marine Tax Professionals Helps Packaging Company Get Sales/Use Tax Exemption

Packaging Company Receive Assistance in Obtaining Sales Tax Exemption from California Board of Equalization - August 27, 2012 - Aero & Marine Tax Professionals

A. B. Nicholas Announces Key Partnership with Seattle-based Franchise Consulting Firm Business Alliance Inc.

Business Alliance to Offer ABN LeverageLine Securities-based Credit Lines - August 26, 2012 - AB Nicholas.com

A. B. Nicholas Announces Key Partnership with Clearwater, FL-based Murphy Business and Financial Corporation

Murphy to Make Wholesale-priced LeverageLine Securities-based Credit Lines Available to Murphy Brokers - August 26, 2012 - AB Nicholas.com

Altium Group LLC, New York City Operation

Altium Group LLC, New York City Operation

Altium Group has expanded its Origination and Transaction Division to a new second location in New York City. - August 25, 2012 - Altium Group LLC

Inc. Magazine Unveils 31st Annual List of America’s Fastest-Growing Private Companies—the Inc. 500

ClearOne Advantage Ranks No. 392 on the 2012 Inc. 500 with Three-Year Sales Growth of 959% - August 25, 2012 - ClearOne Advantage

The FCF Group Sees “Significant Increase” in Commodity Investing by Individual Investors

The FCF Group has recently reported that they have seen a significant increase in commodity investing by individual investors. They report that July saw a record trading volume, up 21% over last year's trading volume for the same month. The FCF Group also reported a record setting trading volume for retail clients for the same period. - August 25, 2012 - Fitch Commodity Futures Group

Strategic eMarketing to Coordinate AEDC Social Media Outreach

Arcata Economic Development Corporation helps businesses meet the challenge of acquiring capital and re-financing and is now collaborating with Strategic eMarketing to increase its online presence via social media. - August 24, 2012 - Strategic eMarketing

Leading Loan Provider 1-800LoanMart Gets Involved in Charity for Kids

1800-LoanMart Has Made Its Presence Felt in California, Supporting a Local Charity by Helping Fundraise to Provide Backpacks and Supplies for Kids Going Back to School - August 23, 2012 - 800 Loan Mart

Reverse Mortgage Lenders Direct Targets Online Growth Through Acquisition of www.ReverseMortgageCons.com

Acquisition of www.ReverseMortgageCons.com - Reverse Mortgage Lenders Direct acquires competitor www.reversemortgagecons.com for an undisclosed sum which will allow the company to continue its online growth to become the most visited reverse mortgage website for seniors. With a strong position in tier 1 term rankings, Reverse Mortgage Lenders Direct is acquiring competitors to grab a larger online equity/market share in 2012. - August 22, 2012 - Reverse Mortgage Lenders Direct

Excalibur Technology Named to the 2012 Inc. 5000 List, Now a Four Time Honoree with Three-Year Sales Growth of 19%

Excalibur Technology Named to the 2012 Inc. 5000 List, Now a Four Time Honoree with Three-Year Sales Growth of 19%

Excalibur Technology was named to the 2012 Inc. 5000 List after posting a three-year sales growth of 19%. This is the fourth time that Excalibur Technology has made the list. - August 21, 2012 - ExcalTech (Excalibur Technology Corp.)

New Opportunities for Credit Card Debt Relief

Consolidebtllc offers the new option for the people on the edge of bankruptcy - the credit card debt settlement. - August 21, 2012 - Consolidebt LLC

Frank R. Davidson Pricipal with Davidson Business Investments Inc. Forms New Division Medical Advisors Inc. Selling Medical Practices Across the USA

Frank Davidson with Davidson Business Investments Inc, of Charlotte NC heads up a new division. Medical Advisors Inc specializes in the sale of Practices across the United States. - August 21, 2012 - Davidson Business Investments

AMlingua Now Accepts All Major Credit Cards and PayPal Payments

AMlingua, a team of professional Russian translators specialising in translations between English and Russian, now accepts online payments from major credit/debit cards and PayPal. - August 21, 2012 - AMlingua

Hana Financial Inc. Opens Home Mortgage Office in San Gabriel Valley

Hana, a full service financial institution, opens its third home mortgage branch this year and will cater to the needs of the large Chinese population in the area with an experienced, bilingual staff. - August 18, 2012 - Hana Financial, Inc.

Free One-Hour Webinars Exploring How Your Organisation Can Take Advantage of Its Sharepoint Investment to Deliver Enterprise-Wide Performance and Risk Management Solution

These three, one-hour webinars will cover the topics of risk management solutions within the Sharepoint framework. They are for free and will be hosted on Sept 27th, Oct 18th& November 1st. The webinars aim to Improve Strategy Execution, Reduce Regulatory Capital & Enable a Strategy-Focused, Risk-Aware culture. - August 17, 2012 - StratexSystems

N-Viro International Extends Line of Credit Agreement

N-Viro International renewed for an additional 12 months its $400,000 commercial line of credit with Monroe Bank and Trust. - August 17, 2012 - N-Viro International Corp

The FCF Group Predict Heating Oil to Reach a 4 Year High on Weather Outlook and Refinery Shutdowns by January 2013

The FCF Group predict heating oil to reach a 4 Year high on weather outlook and refinery shutdowns by January 2013. - August 17, 2012 - Fitch Commodity Futures Group

Bonita Springs Wealth Management Firm, Pelican Wealth Advisors, Announces Free Educational Workshop with “Dr. Frank” on August 29th

Pelican Wealth Advisors will be hosting a free educational workshop on Wednesday, August 29th from 1:30-3:30pm at the Crexent Center in Bonita Springs. Topic will be “15 Mistakes Lurking in Most Trusts,” hosted by finance and risk management expert, “Dr. Frank.” Those interested in attending must RSVP by calling (239) 985-4098 or email michele@pelicanwealth.com. Space is limited, reservations taken on a first come, first serve basis. - August 16, 2012 - Pelican Wealth

Award-Winning, FSA Regulated, Investment Firm, youtradeFX, Expands with Strategy Services Department

Award-Winning broker, FSA regulated, youtradeFX, expands its array of services with an exclusive department for essential fundamental and technical strategies. - August 16, 2012 - youtradeFX

FXstreet.com Announces the 5th edition of the FX Trader of the Year Contest

FXstreet.com, in collaboration with Hantec Markets, is glad to announce the FX Trader of the Year 2012, a competition that will take place from September 17th to October 26th. The contest will be conducted on Demo accounts only. Registration is open. - August 15, 2012 - FOREXSTREET, S.L.

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