Posted on 5/27/20
States Where People Need Loans the Most Due to the Coronavirus Pandemic – WalletHub Study
With nearly 39 million Americans becoming jobless during the coronavirus pandemic and 44 percent of Americans expecting to go into more debt because of the crisis, . . .
Posted on 5/21/20
D2 Capital Advisors Arranges Debt Financing for Ancillare
D2 Capital Advisors has successfully arranged a multi-million-dollar debt financing deal on behalf of Ancillare. The financing package will be used to refinance an existing warehouse . . .
Posted on 5/20/20
Hackensack Meridian Health Invests in EpiBone
Hackensack Meridian Health has invested in EpiBone, Inc., a biotechnology company targeting the growth of personalized bone and cartilage grafts using stem cell technologies and 3D . . .
Posted on 5/18/20
Diaceutics Announces World’s First Diagnostic Network for Precision Medicine Following $28M Investment
PARSIPPANY, N.J.--(BUSINESS WIRE)--Diaceutics PLC today announces DXRX, the world’s first Diagnostic Network for precision medicine, which will enable the company to scale its business to meet . . .
Posted on 5/14/20
Air Products to Invest $2B for Landmark Coal-to-Methanol Project in Indonesia
Air Products (NYSE: APD) today announced it has signed a definitive agreement for a long-term on-site contract for a world-scale coal-to-methanol production facility in Bengalon, East . . .
Posted on 5/13/20
PNC Sells Its Roughly $17 Billion Stake in BlackRock
PNC Financial Services Group (NYSE:PNC) is selling its stake in BlackRock (NYSE:BLK), the world's largest asset manager with about $6.5 trillion in assets under management.PNC bought . . .
Posted on 5/12/20
KKR Prevails in Coty Professional Beauty Deal
Parsippany, NJ, May 12, 2020 (GLOBE NEWSWIRE) -- In one of the most competitive M&A battles in professional beauty history, KKR came out the winner in . . .
Posted on 5/10/20
BIO-key Raises $2.1M in Private Placement of a Senior Secured Convertible Note
WALL, N.J., (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions, today announced the sale of a $2,415,400 . . .
Posted on 5/7/20
Wedbush Securities Announces Minority Investment in ETF Managers Group
LOS ANGELES & SUMMIT, N.J.--(BUSINESS WIRE)--Wedbush Securities and ETF Managers Group (ETFMG) today announced that Wedbush has made a minority investment in ETFMG to support the . . .
Posted on 5/6/20
87 Million Americans Are Worried About Their Credit Scores Due to the Coronavirus – WalletHub
About 87 million Americans are worried about their credit scores due to the COVID-19 pandemic, according to WalletHub’s nationally representative Coronavirus and Credit Score Survey, released . . .
Posted on 4/29/20
The TD Community Resilience Initiative Allocates $25 Million to Organizations Engaged In COVID-19 Response and Community Recovery
TD Bank Group (TD) today introduced the TD Community Resilience Initiative, a comprehensive program that includes funding, employee engagement and on-going collaboration with organizations and community . . .
Posted on 4/28/20
York Traditions Bank Reports First Quarter 2020 Earnings
York Traditions Bank (OTC Pink: YRKB) reported net income of $1,172,000, or 37 cents per share, for the first quarter ended March 31, 2020, compared to . . .
Posted on 4/24/20
Banks Rake In $10B in Fees in Phase 1 of PPP
Banks brought in a whopping $10 billion in fees from the government's $350 billion emergency lending small business Paycheck Protection Program (PPP), according to an analysis . . .
Posted on 4/17/20
Unity Bancorp Reports Quarterly Earnings of $5.4 Million
CLINTON, N.J., April 17, 2020 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.4 million, or $0.49 . . .
Posted on 4/17/20
PNC Financial Getting Ready For Higher Loan Losses
SummaryPNC posted a small beat on a core pre-provision profit basis, as a stronger than expected net interest margin and good expense control offset some weakness . . .
Posted on 4/15/20
PNC Reports First Quarter 2020 Net Income of $915 Million, $1.95 Diluted EPS
The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: "In these unprecedented times that we are collectively experiencing, PNC remainssquarely focused on meeting the needs . . .
Posted on 4/14/20
Wynnchurch Capital Invests in Western Forge & Flange
ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. announced today that it has acquired the assets of Western Forge & Flange Co. Western is a leading manufacturer of high-quality, specialty . . .
Posted on 4/8/20
States Where People Need Loans the Most Due to Coronavirus Pandemic – WalletHub Study
The coronavirus pandemic has deeply disrupted the U.S. economy, which in turn has hurt the incomes of many Americans. Businesses have been forced to lay off . . .
Posted on 4/6/20
Investor Group Files Preliminary Proxy Statement Relating to the Election of Two Stockholder-Aligned Directors
Hestia Capital Partners LP, Permit Capital Enterprise Fund, L.P. and their affiliates, who beneficially own approximately 7.5% of the outstanding common stock of GameStop Corp. (NYSE: . . .
Posted on 3/26/20
TA Associates Announces Strategic Growth Investment in Accion Labs
BOSTON & PITTSBURGH--(BUSINESS WIRE)--TA Associates, a leading global growth private equity firm, today announced that it has completed a strategic growth investment to join Basil Technology . . .
Posted on 3/25/20
2020’s Cities with the Most Overleveraged Mortgage Debtors – WalletHub Study
Buying a home represents an important milestone for most consumers. But for those who dive in to the deep end of real estate without a financial . . .
Posted on 3/24/20
Investors Bank’ Operations Under COVID-19 Restrictions
Investors Bank’ Operations under COVID-19 Restrictions Investors Bank has announced that it remains committed to serving the banking needs of its customers during this critical time . . .
Posted on 3/24/20
Kennedy Funding Closes $2.75 Million Land Loan In Tuscaloosa, Alabama
Kennedy Funding, a global direct private lender based in Englewood Cliffs, New Jersey, announced that it has closed a $2.75 million loan to SLH Tuscaloosa, LLC. . . .
Posted on 3/20/20
Bank of America Warns a Recession Has Already Hit
In a note on Thursday, economists with Bank of America (NYSE:BAC) said that a recession has already hit. "We believe that the U.S. economy has fallen . . .
Posted on 3/20/20
Four Small Banks That Are Acquisition Candidates
Banks that get acquired often result in a nice premium for shareholders of those financial entities. While it can be somewhat difficult to determine when exactly . . .
Philadelphia
