Finance Industry

EPS for NewStar Financial, Inc. (NEWS) Expected At $0.14

January 23, 2018 – By Ellis Scott Investors sentiment increased to 1.75 in Q3 2017. Its up 0.12, from 1.63 in 2017Q2. It improved, as 2 investors sold NewStar Financial, Inc. shares while 18 reduced holdings. 11 funds opened positions while 24 raised stakes. 28.62 million shares or 0.70% more from 28.42 million shares in 2017Q2 were reported.The Massachusetts-based Congress Asset Mngmt Ma has invested 0.04% in NewStar Financial, Inc. (NASDAQ:NEWS). Northern reported 0% of its portfolio in NewStar Financial,…

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Public Comment Open On Proposed School Finance Rules –

January 22, 2018 The Wyoming Department of Education (WDE) seeks public comment on changes to the Chapter 8 Rules: School Finance, which govern the administration of the Wyoming education block grant model, and the repeal of Chapter 25: Reimbursable Expenses Pursuant to School District Organization and Chapter 33 Wyoming Bridges Summer School and Extended Day Grant Program. These rules are being revised following the passage of House Bill 236 and Senate File 35 during the 2017 Legislative Session. The revisions…

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Iran Rejects Financial Times’ Report on Missile Talks

In a statement on Wednesday, Foreign Ministry Spokesman Bahram Qassemi categorically rejected as baseless the claim by the British daily The Financial Times that Tehran had, in a recent Brussels meeting, agreed to hold “an intensive and very serious dialogue” on its missile program and regional issues. “The Islamic Republic of Iran’s policy and position on its missile defence program is crystal clear, and other countries are well aware of the stance of the Islamic Republic of Iran,” said the…

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In a first, students from civic schools participate in Int’l Finance Olympiad

— By Ronald Rodrigues | Jan 21, 2018 12:16 am Mumbai : For the first time, over 31 students of Brihanmumbai Municipal Corporation (BMC) schools have been qualified at the regional level for the International Finance Olympiad (IFO) examination. More than 120 students of civic-run schools are also competing in English, Mathematics and Science Olympiad examination and will represent India at the international level. More than 108 students appeared for the IFO examination which was conducted with the help of trained teachers.…

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BRIEF-Voya Financial Prices Offering Of $350 Mln Of Junior Subordinated Notes


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General Finance Corp.: Growth With Good Cyclical Upside – General Finance Corporation (NASDAQ:GFN)

GFN Overview General Finance Corporation (GFN) is a microcap that has recently seen a substantial appreciation in its stock price. The company was brought to my attention while reading the book 100 Baggers by Christopher Mayer a few years ago where the company was described as a simple business that leases containers and trailers generally associated with construction and oil drilling activities. The economics of this business is very attractive from the perspective of an investor due to its primary…

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European Money Quiz aspires to boost financial education

The first European Money Quiz takes place this spring as part of a fun new financial education initiative that reaches out to thousands of young people in 30 European countries – but not Malta. Boosting financial literacy levels and raising awareness on benefits of better financial education are among the objectives of the quiz. National finals will be played during March through a live online quiz that can simultaneously be played by as many as 7,000 classrooms. Winning classrooms from…

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demonetisation: Ujjivan Financial Services expects to be back in black

Ujjivan Financial Services, the holding firm for Ujjivan Small Finance Bank, is expected to be back in black in the December quarter, its founder Samit Ghosh said Thursday . Ujjivan booked net losses for the first two quarters this fiscal with demonetisation and loan waivers in some states impacting the repayment culture. The company had to written off loans worth Rs 300 crore. It reported Rs 87 crore loss in the April-September period. “We are in the last leg of…

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NSW woman banned from financial planning

By Australian Associated Press Published: 19:23 EST, 17 January 2018 | Updated: 19:23 EST, 17 January 2018 A NSW woman who worked for a company owned by the Commonwealth Bank has been banned as a financial planner for five years. Kimberley Holgate from Wagga Wagga was found by the corporate watchdog to have misled her clients and not acting in their best interests. During her time as a representative for Commonwealth Financial Planning Limited, a subsidiary of CBA, Ms Holgate…

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Building a strong financial foundation

Marc Rittersporn, YourNews contributor Published 5:51 p.m. ET Jan. 16, 2018 Marc Rittersporn(Photo: YOUR NEWS PHOTO BY EMMA HUBBARD) STUART — Today, many people are concerned about saving for retirement or paying for a large ticket item, such as a child’s college education. If you belong to this group, now may be the time to organize your finances. It is never too early to begin, and the sooner you start, the better. Consider the following steps to building a strong…

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New face in Town of Parry Sound’s finance department

PARRY SOUND — There will be a new face roaming the halls of the municipal offices come next month. Kim Xuemei Chen has been hired as the Town of Parry Sound’s new director of finance/treasurer. She starts her new job Feb. 12.   Chen’s resume includes an MBA in finance and a bachelor of engineering degree majoring in chemical engineering. She is also a Chartered Professional Accountant and holds a Certified Financial Analyst designation. She spent eight years in at the Bank…

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Panama hotel fires Trump; charges financial misconduct

An attempt to oust President Donald Trump’s hotel business from managing a luxury hotel in Panama has turned bitter, with accusations of financial misconduct. Trump Hotels is contesting its firing, and its staff ran off a team of Marriott executives invited last month to visit the property during a search for a new hotel operator, according to two people familiar with the matter. After the owners’ association accused Trump Hotels of mismanagement and financial misconduct in a $15 million arbitration…

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California Fintech BlueVine Appoints Ana Sirbu as Chief Financial Officer | Crowdfund Insider

On Tuesday, California-based fintech BlueVine announced it has appointed Ana Sirbu as its new Chief Financial Officer. Sirbu joined BlueVine in April 2016 and was named Vice President of Finance and Capital Markets and has reportedly helped the company secure over $200 million in equity and debt financing in the past two years. According to BlueVine, Sirbu is a graduate of Harvard University and began her career in investment banking on Wall Street. She then became a technology investor at Silver Lake Partners and Google…

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BSP Serves Financial New Year Resolutions

Fiji’s leading financial services provider, BSP, has modified their service delivery to cater for members of the public who have opted to save as part of their New Year’s Resolution. BSP general manager Retail Banking, Ravindra Singh has reiterated the effectiveness of term deposits as the ideal tool to help people keep their New Year’s resolution to save or grow wealth. “Often we have witnessed people break their resolutions so early in the year by succumbing to other priorities. “A…

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Watchdog, Hana Financial panel at odds over chairman nomination process

Tension has escalated over the chairman nomination process at Hana Financial Group, following the nomination committee’s refusal to delay the shortlisting of candidates as demanded by the regulator that had cited ongoing probes. Worsening the standoff was Choi Jong-ku, chairman of the Financial Services Commission, who warned the financial institute during a press briefing Monday. “If you in the financial sector have an elitist idea and say, ‘No one can interrupt what I do,’ you should think twice about it.”…

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