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Business Development Corporation of America Increases Financing Capacity by $100 Million

NEW YORK, May 16, 2013 /PRNewswire/ – Business Development Corporation of America (“BDCA” or the “Company”) announced today that it has increased its financing arrangement with Citibank, N.A (“Citi”) from $150.0 million to $200.0 million. The financing arrangement is structured as a total return swap (“TRS”), conducted through a wholly-owned special purpose subsidiary of BDCA (“TRS SUB”). Read More

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Bank of Canada should hike rates to pop bubble: former BoC aide

OTTAWA (Reuters) – The Bank of Canada should raise interest rates now because five years of low rates are creating distortions in the economy, such as excessive debt and an overheated housing market, a former adviser to central bank Governor Mark Carney said on Wednesday. Read More

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Dell raises intrigue by rescheduling 1Q report

ROUND ROCK, Texas (AP) — Struggling personal computer maker Dell will report its latest quarterly earnings ahead of schedule in a move likely to spur speculation that the results will be dismal.

The schedule change announced Tuesday means Dell Inc. will release its fiscal first-quarter earnings after the market close this Thursday. The Round Rock, Texas, company had planned to report the results on May 21. Read More

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China Automotive Systems Reports First-Quarter Record Net Sales and Higher Net Income

WUHAN, China, May 14, 2013 /PRNewswire-FirstCall/ – China Automotive Systems, Inc. (“CAAS” or the “Company”) (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2013. Read More

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Handle Urgent Situations Instantly with Fast Unsecured Personal Loans


Handle Urgent Situations Instantly with Fast Unsecured Personal Loans (via SBWire)

Creditloansources.com is introducing the perfect solution to urgent and unexpected financial situations through these fast loans that will be available collateral-free. This will see borrowers access the applied amounts in less than an hour. Tucson, AZ — (SBWIRE) — 05/08/2013 — Some situations like… Read More

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CA-BUSINESS Summary

TSX drops as China data fuels resources dip

TORONTO (Reuters) – Canada’s main stock index declined on Monday after sluggish Chinese economic data hurt commodity prices and dampened enthusiasm for shares of materials and energy companies. China’s factory output growth was surprisingly feeble in April and fixed-asset investment slowed, rekindling concerns that the recovery is stalling.

Barclays wins dismissal of U.S. shareholder lawsuit over Libor Read More

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Customers Choosing Personal Loans With Bad Credit History Now Benefit From Reduced Approval Time, Says Personal-Loans.com


Customers Choosing Personal Loans With Bad Credit History Now Benefit From Reduced Approval Time, Says Personal-Loans.com (via PR Newswire)

The most frustrating issue regarding online personal loans applications seems the approval time, which in some cases forces customers to leave the website in search for other reliable companies. Personal-Loans.com has come up with a new solution, to support their customers in receiving credit quickly… Read More

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Obama says he won’t tolerate political bias at IRS

WASHINGTON (AP) — President Barack Obama said Monday he will not tolerate political bias at the Internal Revenue Service and promised to get to the bottom of the agency’s admitted targeting of conservative groups. Read More

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Robert L. Johnson Announces A Campaign To End Payday Lending And To Encourage Access To Low Interest Rate Borrowing Alternatives

As much as we want to avoid payday lending, when there is a need to, we can always visit earlypayday to consider our alternatives before what is planning to happen.



 
Robert L. Johnson Announces A Campaign To End Payday Lending And To Encourage Access To Low Interest Rate Borrowing Alternatives (via PR Newswire)

Initiative To Call On Minority Organizations, Elected Officials, and Consumer Groups To Support Low Interest Solutions For Consumers In Need Of Short Term And Emergency Borrowing Download image BETHESDA, Md., May 9, 2013 /PRNewswire/ — Robert L. Johnson , founder and chairman of The RLJ Companies… Read More

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US stocks are mostly flat in afternoon trading

NEW YORK (AP) — The stock market was mostly flat in afternoon trading Friday but is still on track to finish the week higher.

The Dow Jones industrial average fell 10 points to 15,072 at 2:44 p.m. Eastern Daylight Time. The Dow is up 0.7 percent for the week and 15 percent so far this year. The broader Standard & Poor’s 500 was up two points to 1,629. Read More