According to the most recent data from Baker Hughes, international rig count for November was 925, up five from the number counted in October but down 184 compared to November 2015. read more

DEC 29, 2016 - 6:25 am

Space Florida, a state agency, will extend a line of credit for up to $1 million to Made In Space for a project to produce a higher-quality optical fiber aboard the International Space Station. read more

DEC 28, 2016 - 7:15 am

A new study, “Dynamics of Yield Gravity” shows that banks can no longer count on higher interest rates alone to attract term deposits during times of economic slowdown. read more

DEC 28, 2016 - 7:11 am

CIT Group completed the early settlement of its offer to eligible noteholders to exchange outstanding notes due May 2017 for newly issued notes due May 2018. read more

DEC 27, 2016 - 7:05 am

Technavio research analysts forecast the global construction machinery market to grow at a CAGR of close to 12% through 2020. read more

DEC 27, 2016 - 7:00 am

Singapore-based Zetta Jet agreed to merge with California-based Advanced Air Management and Asia Aviation to expand its business of aircraft charter. read more

DEC 27, 2016 - 6:55 am

Citizens Bank will offer digital lending capabilities to small business customers through a collaboration with Fundation Group, a digital lender and credit solutions provider to regional and community banks. read more

DEC 21, 2016 - 6:53 am

Canadian Equipment Rentals entered into a fifth amending agreement with its senior lenders. read more

DEC 19, 2016 - 6:59 am

Citizens Commercial Banking is providing $90 million in financing to help MassDevelopment fund the land acquisition and improvement of the GE’s planned Boston headquarters. read more

DEC 16, 2016 - 7:00 am

Hertz Global Holdings appointed Kathryn V. Marinello president and CEO. Marinello spent 10 years with GE and was lastly CEO of GE Fleet Services. read more

DEC 14, 2016 - 7:21 am

Navtej Bhullar joined Lazard Middle Market as a managing director in its Healthcare Group, which is focused on healthcare providers and other healthcare services. read more

DEC 14, 2016 - 7:04 am

CIT Group appointed Gina Proia as EVP and chief marketing and communications officer. She will serve on the executive management committee and report directly to CEO Ellen R. Alemany. read more

DEC 14, 2016 - 6:43 am

Online lender ApplePie Capital has entered into a $180 million franchise loan purchase agreement with TowerBrook Capital. ApplePie also announced the addition of Tim Morris, former CRO of GE Capital Franchise Finance. read more

DEC 13, 2016 - 6:59 am

GE executed on its agreement to acquire a 75% stake in Concept Laser GmbH and concluded a tender offer that resulted in a purchase of 76.15% shares of Arcam AB. read more

DEC 13, 2016 - 6:22 am

Trailer Wizards, a Canadian provider of commercial trailer leasing and other services, appointed Mark Irwin vice president of fleet. read more

DEC 12, 2016 - 6:32 am