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Latest Corporate finance Stories

2014-10-07 16:23:02

BIRMINGHAM, Mich., Oct. 7, 2014 /PRNewswire/ -- Quarton Partners is pleased to announce that Southlake Equity Group ("Southlake") has sold Waples Manufacturing, Inc. ("Waples") to an investor group led by Banyan Investment Partners ("Banyan"). Waples is a provider of precision machined solutions to the oil and gas industry. Quarton Partners acted as the exclusive financial advisor to Waples in this transaction. Dale Bradley, President of Waples said, "We look forward to growing the...

2014-10-07 16:22:56

HOUSTON, Oct. 7, 2014 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of October 2014 and is payable on October 31, 2014 to holders of record at the close of business on October 17, 2014. The payment will be 1/12(th) of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation...

2014-10-07 08:30:43

NEW YORK, Oct. 7, 2014 /PRNewswire/ -- NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced that it recently invested more than $170.0 million in two healthcare real estate transactions, including one assisted living portfolio acquisition and one mezzanine loan backed by a portfolio of skilled nursing and assisted living facilities. NorthStar Healthcare acquired a 570-unit portfolio of senior housing assets for $125.0 million, plus closing costs. The properties are located in...

2014-10-06 16:23:05

CHANGZHOU, China, Oct. 6, 2014 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions and services, today announced that it closed the offering of US$115 million in aggregate principal amount of convertible senior notes due 2019 (the "Notes") (the "Notes Offering"), which included the exercise in full of the option to purchase an additional US$15 million aggregate principal amount of the Notes granted...

2014-10-06 12:25:50

COSTA MESA, Calif., Oct. 6, 2014 /PRNewswire/ -- Profit Recovery Partners, LLC (PRP) today announced that it has been named to the Orange County Business Journal's list of fastest-growing private companies. Ranked at # 57 among midsize companies, PRP is the only cost-reduction firm on the list. To determine the rankings, the Business Journal reviewed companies with annual sales of at least $300,000 for the 12 months ending June 2012, and at least 15 percent growth in revenue between...

2014-10-06 08:27:45

Split to be effective today, Monday, October 6, 2014 CAESAREA, Israel, Oct. 6, 2014 /PRNewswire/ -- LabStyle Innovations Corp. (OTCQB: DRIO), developer of the Dario((TM)) Diabetes Management Solution, today announced that effective at 9:00 a.m. eastern standard time on October 6, 2014, the company will implement a 1-for-5 reverse stock split of the company's common stock. The reverse split was approved by LabStyle's board of directors under authority granted by the company's...

2014-10-06 08:26:37

MENLO PARK, Calif., Oct. 6, 2014 /PRNewswire/ -- Facebook, Inc. (NASDAQ: FB) today announced that in connection with the acquisition of WhatsApp and the employment of Jan Koum as WhatsApp's Chief Executive Officer and Brian Acton as WhatsApp's Co-Founder and Vice President, Facebook's board of directors, including a majority of its independent directors, awarded employment inducement grants to Mr. Koum and Mr. Acton of 24,853,468 and 12,621,803 restricted stock units (RSUs) covering...

2014-10-05 20:21:13

BOSTON, Oct. 5, 2014 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, is investigating possible breaches of fiduciary duty by the Board of Directors of CareFusion Corporation (NYSE: CFN) ("CareFusion" or the "Company"), a leading medical technology company, concerning its proposed acquisition by Becton Dickinson & Company ("Becton Dickinson") (NYSE: BDX). Under the terms of the proposed transaction,...

2014-10-03 16:26:30

Investors Acquire ABL Facility from GE Capital FORT WORTH, Texas, Oct. 3, 2014 /PRNewswire/ -- RadioShack Corporation (NYSE: RSH) today announced that it has entered into definitive agreements to restructure a portion of its existing debt, providing additional near-term liquidity and serving as a first step in a stronger foundation for the Company's continued business transformation. Standard General LP and certain other investors have replaced GE Capital as lead lender under RadioShack's...

2014-10-03 16:23:38

Proactive Commercial Lending Group of San Antonio, TX has been honored with a recognition by San Antonio Business Journal in its selection of "Largest Commercial Mortgage Lenders." SAN ANTONIO, Oct. 3, 2014 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the August, 2014 issue of San Antonio Business Journal published by American City Business Journals. Proactive Commercial Lending Group was selected for the following honor: "Largest Commercial Mortgage...


Word of the Day
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.