Of Interest

NBAA Concerned by Privatization of ATC Systems in Trump’s Budget

National Business Aviation Association President and CEO Ed Bolen expressed concern over the Trump administration’s apparent commitment to privatizing the nation’s air traffic control system. read more

Oilfield Equipment Rental Market Worth $20.55B by 2022

According to a report from MarketsandMarkets, the oilfield equipment rental market is expected to grow from an estimated $16.99 billion in 2017 to $20.55 billion by 2022, at a CAGR of 3.87%. read more

Honda Aircraft Company Shares HondaJet Update at EBACE 2017

Honda Aircraft Company provided an update on the HondaJet program during a press conference at the European Business Aviation Convention and Exhibition in Geneva. read more

IronPlanet CEO Named Finalist for Entrepreneur of the Year Award

Gregory J. Owens, IronPlanet chairman and CEO, was named a finalist for the Entrepreneur Of The Year 2017 Award in Northern California by EY. read more

Regions Securities Expands Corporate Finance Group

Regions Financial announced Regions Securities has expanded its Corporate Finance group by hiring two managing directors, Gene Bowles and Daniel Hoverman. read more

AP Equipment Financing Implements DocuSign and eOriginal

AP Equipment Financing announced the successful implementation of DocuSign electronic documents and eOriginal document vaulting. read more

Amur Equipment Finance Hosts Congressman Adrian Smith

Amur Equipment Finance was honored to host a visit from Congressman Adrian smith at the company’s Grand Island, NE headquarters. read more

Baker Hughes Says Rig Count Up Sequentially and Y/Y

Baker Hughes reported that international rig count for April 2017 was 956, up 13 from the 943 counted in March 2017 and up 10 from the 946 counted in April 2016. read more

April Year/Year Commercial Bankruptcies, Chapter 11 Filings Lower

According to the American Bankruptcy Institute, total commercial filings for April 2017 were 3,303, down 5.14% from 3,482 filings in April 2016. read more

Canadian Equipment Rentals Closes Loan/Security Agreement with Maynbridge

Canadian Equipment Rentals closed the previously announced $20.4 million loan transaction with Maynbridge Capital and repaid the existing syndicated lenders in full. read more

Private Jet Charter Company Latitude 33 Aviation Grows 25% in 2016

Latitude 33 Aviation, a private jet charter, business jet management and aircraft sales/acquisitions company based in Southern California, reported that the company grew by 25% year-over-year in 2016. read more

MidSouth Terminates Senior Managers, Names Interim CEO

MidSouth Bancorp announced the termination of Rusty Cloutier and Troy Cloutier, as president and CEO of MidSouth Bancorp and MidSouth Bank, respectively. Jim McLemore, CFO, has been appointed interim president and CEO. read more

Siemens Projects Value for Manufacturers That Embrace Digitalization

A new research paper from Siemens Financial Services examines the potential financial value of digitalization and estimates it to be between 6.3% and 9.8% of total annual revenue by 2025. read more

Baker Hughes’ March Rig Count Takes Negligible Hit Compared to February

Baker Hughes reported that international rig count for March 2017 was 943, up two from the 941 counted in February 2017, and down 42 from the 985 counted in March 2016. read more

Wells Fargo Shares Advance on News of $5MM Stock Buy

Recent SEC filings revealed Wells Fargo’s chief executive, Timothy Sloan and chairman Stephen Sanger bought a combined 97,342 shares of stock at a per share price of $51.65. Following the news, shares were trading over 2% higher and closed at $52.65 on April 17, 2017. read more

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