Of Interest

CIT Provides $48MM to Support Flatiron Project

CIT said its Real Estate Finance unit provided a $48 million senior secured credit facility to a joint venture between Arun Bhatia Development Organization and Sherwood Equities. read more

WSJ: EU to Approve $17B Buy of Alstom by GE

According to the Wall Street Journal, the European Union will approve GE’s $17 billion acquisition of Alstom SA’s power business. read more


GE Names First Female Vice Chair

General Electric named Beth Comstock a vice chair. Reuters reported that the move makes Comstock the first female vice chair in the company’s history. read more

Terex Begins Konecranes Merger Consent Solicitation

In connection with its merger with Konecranes, Terex is soliciting consents from holders of its 6.00% senior notes due 2021 and 6.50% senior notes due 2020 to certain proposed amendments to the indentures governing the notes. read more


Two Fleet Advantage Clients Honored at Fleet Tech Expo

Toyota Logistics Services and Maines Paper & Food Service, two clients of Two Fleet Advantage, finished in the top 10 of U.S. Fleets for their efficiency practices at the Fleet Technology Expo. read more

Omnitracs Launches Professional Services Suite

Omnitracs released its professional services suite, a compilation of the company's tools, resources and services aimed at providing fleet management solutions to transportation and logistics. read more

National Funding in Inc. 5000 For 3rd Straight Year

National Funding was listed at No. 2,266 in the Inc. 5000, marking the third straight year it has been named to the list of the fastest growing private companies. read more

Navitas Ranks in the Inc. 5000

Navitas Lease, which entered into the Monitor 100 for the first time this year, ranked No. 523 in the Inc. 5000 with 888% revenue growth over the last three years. read more

Alta Group Releases Hospital Capital Spending White Paper

The Alta Group released a new white paper, focusing on the impact of reduced reimbursements and other cost control measures on hospitals as well as the benefits of flexible alternatives including equipment leasing versus traditional funding sources. read more

Bloomberg: European Stock Selloff Intensifies

Bloomberg reported the Stoxx Europe 600 Index deepened its plunge after its worst week in four years. An asset manager in Germany is quoted as saying, “The Americans will add to the European selling pressure…and that may drive us even lower.” read more

Bloomberg: ‘Markets Beating Fed to Tightening Ahead of Meeting’

Bloomberg reports that tumbling stocks, oil and junk debt raise questions on the timing of a Fed rate hike. Bloomberg said that last weeks’ selloff suggests financial markets may beat the Fed to tightening ahead of the September meeting. read more

Bloomberg: GE Considers Atlanta as New Headquarter Option

According to Bloomberg, GE is having exploratory talks about relocating its headquarters to Atlanta from Connecticut. read more


Quick Bridge Ranks 5th in the Inc. 5000

Quick Bridge Funding ranked fifth on the Inc. 5000, attaining a three-year growth rate of 24,138% and 2014 revenue of $44.6 million. read more

SNL: Big-Bank Settlement Tab Climbs Past $132B

According to data compiled by SNL Financial, big settlements with regulators have faded further into memory, but the latest tally for credit crisis and mortgage related settlements now stands at $132.15 billion. read more

Blue Bridge Financial Named Fastest Growing Company in Western NY

Blue Bridge Financial said it topped the list of the fastest growing companies in Western New York at the Fast Track Awards presented by Buffalo’s Business First. read more

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Terry Mulreany
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