Posted on 11/16/16
Asta Funding Announces the Formation of a Wholly Owned Subsidiary to Expand its Personal Injury Claims Funding Business
ENGLEWOOD CLIFFS, N.J., Nov. 15, 2016 (GLOBE NEWSWIRE) -- Asta Funding, Inc. (NASDAQ:ASFI), today announced the formation of a wholly owned subsidiary Simia Capital, LLC to . . .
Posted on 11/16/16
Recovery Centers of America Raises Additional $100 Million
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Today, Recovery Centers of America (RCA) announced it has raised an additional $100 million from Deerfield Management Company, the New York-based health . . .
Posted on 11/16/16
Eastman Kodak Closes the Sale of $200 Million of Series A Convertible Preferred Stock
ROCHESTER, N.Y.--(BUSINESS WIRE)--Eastman Kodak Company (NYSE: KODK) today announced that it has closed the previously announced sale of $200 million of newly created 5.50% Series A . . .
Posted on 11/15/16
JPMorgan Chase Awards $4 Million Grant to Accelerate Economic Recovery in Atlanta’s Distressed Communities
Three CDFIs Form Equity Atlanta Collaborative to Expand Lending to Housing, Small Businesses and Help Accelerate Economic Growth(L-R) Nancy Wagner-Hisplip, Chief Investment Officer, Reinvestment Fund; David . . .
Posted on 11/15/16
Why Citigroup Could Benefit "Bigly" From a Donald Trump Presidency
IMAGE SOURCE: ISTOCK/THINKSTOCK.News that Donald Trump won the presidential election last week has sent bank stocks surging across the board, with the KBW Bank Index up . . .
Posted on 11/14/16
Pressure BioSciences Announces Initial Close of $610,000 in $2.5 Million Private Placement
Pressure BioSciences, Inc. (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based sample preparation solutions to the worldwide life sciences industry, led . . .
Posted on 11/14/16
Caerus Sends Letter to Kate Spade Board
NEW YORK--(BUSINESS WIRE)--Caerus Investors, a New York City-based asset management firm focused on investing in consumer-related equities has sent a constructive letter to Nancy Karch, Chairman . . .
Posted on 11/15/16
MassMutual Carolinas Raises Funds for Hurricane Matthew Flood Victims
MassMutual Carolinas, a general agency of Massachusetts Mutual Life Insurance Company (MassMutual), hosted a Panthers Tailgate that raised $744. Funds were used to purchase items support . . .
Posted on 11/11/16
WaterSuite Secures Major Growth Capital Investment
ROCKLAND, Mass.--(BUSINESS WIRE)--WaterSuite, a leading provider of cloud-based software solutions for the drinking water community (www.watersuite.com) announced today an initial investment of $3 million from New . . .
Posted on 11/10/16
Solar Capital Issues $50 Million of Unsecured Private Notes
Solar Capital Ltd. (NASDAQ: SLRC) has issued $50 million of five-and-a-half year senior unsecured notes in a private placement with a fixed interest rate of 4.4% . . .
Posted on 11/10/16
Bengur Bryan Privately Places Series A Preferred Stock for CoreMedica Laboratories
About CoreMedica Laboratories Inc.CoreMedica Laboratories Inc. is a Kansas City-based provider of cost effective laboratory blood testing for the early detection of common diseases, management of . . .
Posted on 11/9/16
Cowen Announces Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--Cowen Group, Inc. (NASDAQ:COWN) today announced that its Board of Directors has approved a reverse stock split of the Company’s outstanding shares of common . . .
Posted on 11/9/16
MMA Capital Management and TSSP Announce Formation of Solar Lending Joint Venture
MMA Capital Management, LLC (NASDAQ: MMAC) today announced that the Company has entered into an agreement with an affiliate of TSSP, a leading special situations investment . . .
Posted on 11/9/16
Prospect Capital: Time To Bail?
PSEC data by YChartsProspect Capital (NASDAQ:PSEC) has reported its fiscal first-quarter financial results for the quarter ended September 30, 2016, and at first glance, it really . . .
Posted on 11/9/16
Prudential Bancorp, Inc. Announces Intent to Seek Shareholder Approval
PHILADELPHIA, Nov. 08, 2016 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (Nasdaq:PBIP), the holding company for Prudential Savings Bank, announced today that in accordance with Nasdaq listing . . .
Posted on 11/9/16
Uwharrie Capital Total Assets Rise $25 Million in the Past Year
Uwharrie Capital Corp., owner of 14 bank branches across North Carolina, reported consolidated total assets of $552 million for the quarter ended Sept. 30, up from . . .
Posted on 11/9/16
Thomas G. Labrecque Foundation Invests in LUNGevity's SU2C-LUNGevity-American Lung Association Lung Cancer Interception Dream Team
LUNGevity Foundation, the nation's preeminent lung cancer research foundation, today announced that the Thomas G. Labrecque Foundation will be investing in the SU2C-LUNGevity-American Lung Association Lung . . .
Posted on 11/8/16
i2B Capital Provides $4 Million Revolving Line of Credit to CFG Merchant Solutions
NEW YORK--(BUSINESS WIRE)--i2B Capital (www.i2bcap.com), a provider of direct financing to niche-market financial entrepreneurs, is pleased to announce the closing of a $4 million asset-based revolving . . .
Posted on 11/8/16
Comtech Telecommunications Corp. Announces $8.8 Million in Funding
MELVILLE, N.Y.--(BUSINESS WIRE)-- Comtech Telecommunications Corp. (Nasdaq:CMTL), announced today that during its first quarter of fiscal 2017, Comtech's Command & Control Technologies Group, which is part of . . .
Posted on 11/8/16
Ten-Year-Old Community Bank Passes $1 Billion In Assets
The 10-year-old John Marshall Bank has passed $1 billion in total assets.On Sept. 30, assets totaled $1.02 billion, an increase of $132.9 million, or 15 percent . . .
Posted on 11/8/16
Dolan Family Ventures Established by Kristin and James L. Dolan
NEW YORK--(BUSINESS WIRE)--Dolan Family Ventures, LLC (DFV), a new company that will make focused investments in data, analytics and technology-based businesses, was announced today by Kristin . . .
Posted on 11/8/16
HarbourVest Partners Closes Secondaries Fund Above Target
BOSTON--(BUSINESS WIRE)--HarbourVest Partners, a global private markets asset manager, today announced the final close of its latest secondaries fund. The fund was oversubscribed, and closed above . . .
Posted on 11/7/16
Genprex Expands Executive Management Team and Completes Funding
Genprex, Inc. a biopharmaceutical company focused on the development of revolutionary immunogene therapy treatments, announces the appointment of Julien Pham, MD, MPH, as Chief Operating Officer. . . .
Posted on 11/4/16
Gladstone Capital Completed Successful Portfolio Exit
MCLEAN, Va., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (NASDAQ:GLAD) announced today that it has completed a multi-party transaction whereby a strategic buyer acquired . . .
Posted on 11/4/16
Customers Bancorp Commences Public Offering of Common Stock
WYOMISSING, Pa., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Customers Bancorp, Inc. (NYSE:CUBI), the parent company for Customers Bank, today announced that it has commenced an underwritten . . .
