US News

New six-year term loan with Rabobank Owens Realty Mortgage, Inc. (NYSE:ORM) announced today that it has entered into a new six-year term loan with Rabobank, N.A.of up to $14,500,000. It is anticipated that $10,445,000 will be borrowed by ORM at the first closing and up to an additional $4,055,000 will be made available in one […]

Means First NBC ticker symbol will change to “FNBC” First NBC Bank Holding Company (Nasdaq:NBCB), the holding company for First NBC Bank, and State Investors Bancorp, Inc. (Nasdaq:SIBC), the holding company of State-Investors Bank, jointly announced today the signing of a definitive agreement for First NBC to acquire State Investors by means of a merger. […]

Final major project of 2014 BP, on behalf of the Kinnoull field co-venturers, has announced the start of production from the Kinnoull field in the central North Sea. Kinnoull is BP’s seventh and final major upstream project start-up in 2014. The Kinnoull reservoir, developed as part of a wider rejuvenation of the Andrew field area, […]

This December 26th marks the 30th consecutive year that I have lived somewhere that does not celebrate Boxing Day. The holiday season is just not the same – well, almost not the same – without it. It’s not all that much different in the States today. What with Christmas being on a Thursday this year, […]

Without Smith & Nephew (LSE:SN.), Christmas Eve at the London Exchange would have been ho-hum, but the company turned the half-day session into a ho-ho-ho. It’s always interesting news when a stock increases 7.7% in a single day, but when Smith & Nephew’s share price increased that amount it was more than interesting. It was […]

Just minutes after the New York Stock Exchange opened this morning (Tuesday, 23 December), Santa delivered an early Christmas present. The Dow Jones Industrial Average (DJIA) went flying past the 18,000 mark for the first time ever. Only a decade ago, and certainly following the 2008-2009 financial crisis, no one would have believed that 18,000 […]

Provides a greater than 5.5 times return on invested capital and contributes to Rand’s SBIC achieving a 12-year return of over 20% Rand Capital Corporation (Nasdaq:RAND), a business development company that makes venture capital investments in companies with emerging product, service or technology concepts, announced that it received $10.1 million in total proceeds from the […]

So, what should you be looking at? Autobytel (Nasdaq:ABTL), a pioneer of the automotive Internet and the company dedicated to connecting automotive consumers with dealers, recently revealed interesting new and used car shopping trends at Autobytel.com for November 2014, as well as actual vehicle sales, by manufacturer, that resulted from Autobytel leads for the first […]

~+++BREAKING NEWS+++ Gladstone Capital Corporation (Nasdaq:GLAD) has announced today that on December 19, 2014, it made a $8.4 million investment to recapitalize B+T Group in partnership with B+T Group’s management team. Gladstone Capital completed this transaction with its affiliate, Gladstone Investment Corporation (Nasdaq:GAIN), which invested $19.6 million. In addition to the equity...

Nicholas Financial, Inc. (Nasdaq:NICK) today announced that it expects to commence within 30 days of this announcement a “modified Dutch auction” tender offer to repurchase a number of its outstanding Common shares not to exceed an aggregate purchase price of $70.0 million. In accordance with rules of the Securities and Exchange Commission, the Company may […]