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2014-10-30 08:38:34

DENVER, Oct. 30, 2014 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced results for the quarter ended September 30, 2014. 2014 Third Quarter Highlights and Comparisons to 2013 Third Quarter -- Net income of $15.5 million, or $0.32 per diluted share vs. net income of $36.3 million, or $0.74 per diluted share -- Includes $4.3 million pretax impairment of securities sold subsequent to quarter-end to fund debt redemption -- Tax expense of...

2014-10-28 20:21:44

IRVING, Texas, Oct. 28, 2014 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $100 million of CMC's outstanding common stock. The authorization is effective immediately. This new program replaces the existing program, which has been terminated by the Company's Board of Directors in connection with approving the new...

2014-10-26 12:20:49

BRUSSELS, October 26, 2014 /PRNewswire/ -- The results of the comprehensive assessment of the 130 most significant European banks show that the sector is very robust and capable of sustaining a severe recession, the European Banking Federation concludes from the final results of the assessment as published today by the European Central Bank, European Banking Authority and national supervisors. Their analysis confirms that European banks, as a result of precautionary...

2014-10-20 16:23:09

CUT BANK, MT, Oct. 20, 2014 /PRNewswire/ - Mountainview Energy Ltd. ("Mountainview" or the "Company") is pleased to announce that its wholly-owned subsidiary, Mountain Divide, LLC ("Borrower") has entered into a commitment letter (the "Commitment") with Wells Fargo Energy Capital, Inc. (the "Lender") with respect to a new term facility (the "New Facility") and a US$16 million unsecured subordinated convertible promissory note (the "Note") to replace: (a) the current senior secured...

2014-10-01 12:37:07

Highlands sees immediate benefits after installing CM-18 cash recyclers. MEBANE, N.C., Oct. 1, 2014 /PRNewswire-iReach/ -- ARCA, a global leader in transaction automation for financial institutions, is helping Vernon, New Jersey-based Highlands State Bank stop losses from counterfeit bills. The $250 million community bank uses ARCA machines in high traffic locations to prevent losses from fake currency. The ARCA CM18 automates cash in, cash out, balancing and inventory. The bank...

2014-09-24 08:24:41

WASHINGTON, Sept. 24, 2014 /PRNewswire/ -- Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute and author of a three-volume history of the Federal Reserve, describes the challenge working with U.S. Senators to write a bill that would downsize banks "too big to fail," to protect the public and smaller community banks by helping to level the playing field. Watch the 2 minute preview of the newly released full segment in the Full Disclosure Network(R) series online...

2014-09-10 08:23:37

CLEVELAND, Sept. 10, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has successfully negotiated an amendment with the banking group party to its revolving credit facility to allow for the Company to proceed at its discretion with the previously announced share buyback program. Lourenco Goncalves, Cliffs Chairman, President and CEO, stated, "We are very pleased that our banking partners have worked with us so that we now have the flexibility...

2014-09-09 16:22:24

CLEVELAND, Sept. 9, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately. Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cliffs stated, "John is a highly experienced and respected executive who represents an outstanding addition to our Board of Directors. He brings decades of operational experience, deep strategic capabilities, and overall...

2014-09-08 16:28:17

SIOUX FALLS, S.D., Sept. 8, 2014 /PRNewswire/ -- MetaBank's payment solutions division Meta Payment Systems(®) recently signed an agreement to partner with hyperWALLET(®), a Vancouver-based company that provides domestic and international mass payment solutions for corporations. The Sioux Falls-based financial company will become hyperWALLET's second issuing bank in the United States, issuing corporate payment cards and facilitating ACH payments for their business clients....

2014-08-28 23:02:14

UHY explains that the US was at the epicentre of the financial crash of 2008, but there are now signs that the economic recovery is strengthening and with it, the demand for lending. Sterling Heights, MI (PRWEB) August 28, 2014 Bank lending to the private sector in the US has stagnated in the last year, down by 0.13% in real terms, and continuing to fall behind the rest of the G7, according to a new study by UHY, the international accountancy network. UHY warns that the figures show that...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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