Big Financial Leaps For Small Enterprises

Forbes 2011 financial report came out with some very interesting news and surprising unheard of companies that really rocked the financial world. Many huge conglomerate companies that we all expect to really be on top of the financial reports were actually reporting slow lending, losses and basically overall poor results. Even with some of the poor and unexpected reports there was some interesting news that surfaced.

The Mexican billionaire Ricardo Salinas is considering bringing his micro-lending business to the United States where he will focus on lending to women. Salinas stated "Because 85 percent of women owned businesses can be considered micro enterprises that a well managed micro financing program would be a great asset. Personal Loans Pro is yet another surprise that hit reports primarily due to its diversity of providing nationwide assistance to people that have bad credit but their Online Personal Loans program is also designed to provide people with the best interest rates found nationwide. Providing nationwide services and instant online application processing definitely provides convenience and outstanding results.

Tuesday August 04, 2015 Finance No Comments

New York City’s yellow cab crisis

NEW YORK You cant just hop behind the wheel of a yellow car and call yourself a New York City cab driver.

Every taxi must have a New York City-issued license, known as a taxi medallion, which is literally attached to the hood of the car.

The catch: They cost hundreds of thousands of dollars.

Medallion prices have skyrocketed in recent years, up 50% between 2009 and 2014, to a high of more than $1 million each.

Some drivers own their medallions, but often medallions are owned by companies that operate fleets of taxis.

But now the value of these medallions is taking a huge hit as Uber cars flood the city. The most recent sale price was just $740,000, down nearly...

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Tuesday, August 4th, 2015 Refinance Loans No Comments

HF Financial Corp. to Issue $0.11 Quarterly Dividend (HFFC)

HF Financial Corp. (NASDAQ:HFFC) declared a quarterly dividend on Tuesday, July 28th, MarketBeat Ratings reports. Shareholders of record on Friday, August 7th will be given a dividend of 0.1125 per share on Friday, August 14th. This represents a $0.45 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date is Wednesday, August 5th.

HF Financial Corp. (NASDAQ:HFFC) traded up 2.12% on Tuesday, reaching $15.45. 4,567 shares of the companys stock were exchanged. The stock has a market capitalization of $108.98 million and a P/E ratio of 34.64. HF Financial Corp. has a 1-year low of $12.92 and a 1-year high of $16.25. The firms 50 day moving average is $15.19 and its 200 day moving...

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Monday, August 3rd, 2015 Automobile Loans No Comments

Suffolk Banc(NASDAQ:SUBK) Dividend Update

Suffolk Banc (NASDAQ:SUBK) had declared a cash dividend of $0.1000 on Jul 29, 2015. The shares will quote ex-dividend on Aug 10, 2015 and the record date has been fixed on Aug 12, 2015. At Jul 29, 2015 share price, the yield comes out to be 1.3699%. The dividend payable date has been fixed on Aug 26, 2015.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged in a Form 4 filing that the Officer (EVP) of Suffolk Bancorp, Whitehouse James R had purchased shares worth of $071 in a transaction dated on May 27, 2015. A total of 003 shares were purchased at a price of $23.6 per share....

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Monday, August 3rd, 2015 Automobile Loans No Comments

Pre-Market News Report on: EXACT Sciences (NASDAQ:EXAS), Synchronoss …

Popular, Inc., through its auxiliaries, provides various retail and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage and construction loans; and consumer loans, counting personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers.

Gevo, Inc. (NASDAQ:GEVO), ended its Wednesday’s trading session with 6.31% gain, and closed at $2.19.

Gevo, Inc. (GEVO), received a key endorsement for the use of its renewable...

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Monday, August 3rd, 2015 Automobile Loans No Comments

Downsize me further – More Spanish banks to be swallowed up

By Jesus Aguado

MADRID (Reuters) High costs and low returns could soon spur a new wave of consolidation in Spain’s banking industry, where the number of banks has already dropped to 14 from 55 since the 2008 financial crisis.

A new round of mergers could take that total down to just single digits, putting the country on a par with Britain and France. It would also cut a swathe through a still bloated retail banking network that, according to the Bank of Spain, had the most branches per capita in Europe as recently as 2013.

Business volumes are simply not high enough to sustain the sector at its current size, Jose Carlos Diez, economy professor at Alcala de Henares...

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Mortgage market growth by covering driven the

The Andy Insua, who oversees Florida mortgages for your financial giant of fifth-Third Lender, specified what sort of mortgage firms are succeeding during a period of improved regulation and regressing refinance loans.

The clear champions in the new period will undoubtedly be creditors that may manage prices, target on acquire manufacturing, offer ontime closings regarding customers and Realtors, most while carrying it out the right way, he said this week.

The more susceptible companies are those that have failed to harness engineering or finesse consumer associations: those who cannot implement will certainly eliminate market worse, or share, show themselves to prospective fees,amp;quot...

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LendKey: Connecting Community Lenders With Student Loan Refinancers

The student loan refinance scene is heating up, and it’s no surprise: Rates have dropped considerably over the past several years, making more and more people eligible to refinance.

More lenders have jumped in the game, too, including local financial institutions. One company, LendKey, is trying to bring the two together by offering a marketplace of community lenders willing to refinance student loans.

LendKey is one of the providers on the NerdWallet student-loan refinancing tool, through our partnership with Credible. The company is unique in its focus on small community lenders — in fact, it’s the only lending-as-a-service platform to offer students and graduates...

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Middleburg Financial Corp (MBRG) Files Form 4 Insider Buying : Gary D Leclair …

Middleburg Financial Corporation (NASDAQ:MBRG) witnessed a decline in the market cap on Friday as its shares dropped 0.44% or 0.08 points. After the session commenced at $18.04, the stock reached the higher end at $18.075 while it hit a low of $18. With the volume soaring to 1,147 shares, the last trade was called at $18. The company has a 52-week high of $19.32. The company has a market cap of $129 million and there are 7,163,000 shares in outstanding. The 52-week low of the share price is $16.87.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Leclair Gary D, Director of Middleburg Financial Corp had purchased 120 shares...

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China Rapid Finance raises $35M series C to take on China’s white-hot P2P …

Chinese online finance and lending company China Rapid Finance has raised a US$35 million series C round, according to a DoNews report. The round was led by Broadline Capital, with UBS Investment Bank and other Venture capital

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Stock Analysts’ Upgrades for July, 28th (ABR, ACW, ADDYY, AKR, AKZOY, AMID …

Stock Analysts’ upgrades for Tuesday, July 28th:

Arbor Realty Trust (NYSE:ABR) was upgraded by analysts at Zacks from a hold rating to a buy rating. The firm currently has $7.50 price target on the stock. According to Zacks, Arbor Realty Trust is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets.

Accuride (NYSE:ACW) was upgraded by analysts at Zacks from a strong sell rating to a hold rating. According to Zacks, Accuride Corporation operates as manufacturer and supplier of commercial vehicle components. The Company’s products include...

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