Corporate Finance Issues

Goldman's $500 million small biz hug

Goldman, Buffett launch $500 million small biz initiative The bank is teaming with the legendary investor to boost financing and lending programs for underserved business owners. The bank said Tuesday that it is launching a...

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Expect tightening from the FHA

For the past several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped home buyers who can't come up with a big down payment. It has zoomed from barely a 3 percent market share to...

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A.M. Best Affirms Ratings of The Allstate Corporation and Its Subsidiaries

A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-” of Allstate Insurance Group (Allstate) and its members. Additionally, A.M. Best has affirmed the ICR of...

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Angle Energy offers to acquire Stonefire Energy in $75 million all-cash deal

CALGARY - Angle Energy Inc. (TSX:NGL) is making an all-cash offer to acquire Stonefire Energy Corp. (TSXV:SFE) in a friendly deal valued at $75 million, the companies announced Friday. The transact...

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Electric carmaker Tesla preparing IPO: sources

SAN FRANCISCO - U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles. Tesla would mark the first...

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Fitch Affirms 4 & Downgrades 4 Classes of Race Point CLO; Assigns LS Ratings & Revises Outlooks

Fitch Ratings has affirmed four and downgraded four classes of notes issued by Race Point CLO Ltd./Inc. (Race Point CLO). Cash flow and portfolio default modeling were conducted in accordance with Fitch's 'Global Criteria for...

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New questions arise in Pequot trading probe

By MARCY GORDON AP Business Writer WASHINGTON (AP) - The Securities and Exchange Commission has been investigating whether the now-liquidated core hedge fund of Pequot Capital Management Inc. traded Microsoft Corp. shares on...

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Keating Capital Enters into Letter of Intent with Industriaplex

Keating Capital, Inc. announced today that it has entered into a letter of intent to serve as lead investor in a pre-public round of financing to Industriaplex, Inc., an Alpharetta, Georgia provider of outsourced supply chain...

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The Many Benefits Of Leasing A Car

Leasing a car has many advantages over purchasing if you know how to benefit from them. So, if you are planning on buying a new vehicle you might want to read further and consider leasing as an alternative. Especially if you...

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Fitch Affirms Transportadora de Gas Internacional's IDRs at 'BB'; Outlook Negative

Fitch Ratings has affirmed Transportadora de Gas Internacional S.A. E.S.P.'s (TGI) foreign and local currency Issuer Default Ratings (IDRs) at 'BB'. Higher Leverage and Parent Support: TGI's leverage level is moderately high...

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