Bloomberg reported that a top lobbyist for France's largest bank says European lawmakers will have only themselves to blame if pressure to bolster capital too quickly results in more Boeing planes at the expense of European rival Airbus. read more

OCT 26, 2011 - 8:59 am

IBM said that its board of directors has elected Virginia M. Rometty president and CEO of the company, effective January 1, 2012. Rometty is currently IBM senior vice president and group executive for sales, marketing and strategy. She succeeds Samuel J. Palmisano, who will remain chairman of the board. read more

OCT 26, 2011 - 8:58 am

Results released from the first-time State of Small Business Report from the Pepperdine Private Capital Markets Project (PPCMP) shows business owner confidence has dropped 34% from Spring 2011 to Fall 2011. read more

OCT 26, 2011 - 8:00 am

In the latest Wells Fargo/Gallup Small Business Index, business owner responses generated an optimism index score of -3, a slight change from the previous two index readings of zero. The future expectations component of the index has been dropping since the first quarter of 2011 and now sits at eight (down from ten in Q3/11). read more

OCT 25, 2011 - 7:00 am

TriplePoint Capital said it closed on $1 billion of private capital funds, the largest raise in the 30-year history of the venture leasing and lending industry. read more

OCT 20, 2011 - 8:40 am

The SEC said Citigroup has agreed to settle the charges against Citigroup's principal U.S. broker-dealer subsidiary by paying a total of $285 million, which will be returned to investors. read more

OCT 20, 2011 - 8:15 am

SNL Financial noted in a report, based on recently released third-quarter results from JPMorgan Chase and Bank of America, that JPMorgan has surpassed Bank of America as the largest bank in the U.S. based on both total assets and deposits. read more

OCT 20, 2011 - 8:05 am

Canadian Western Bank affiliated National Leasing announced its recognition as a regional winner of Canada's 10 Most Admired Corporate Cultures of 2011 as recognized by Waterstone Human Capital. read more

OCT 17, 2011 - 9:02 am

Harrisburg, Pennsylvania's capital city, has filed for Chapter 9 municipal bankruptcy. According to the filing, the city said it has not put any bond debt service payments in its budget and is generally not paying its debts and is insolvent. read more

OCT 13, 2011 - 9:03 am

In a statement, the FDIC said the projected cost of FDIC-insured institution failures for the five-year period from 2011-2015 is $19 Billion compared to estimated losses of $23 billion for banks that failed in 2010 alone. read more

OCT 13, 2011 - 9:00 am

Bloomberg reported that U.S. stocks rose, briefly erasing the Dow Jones Industrial Average's 2011 loss, as European leaders provided a road map of plans to recapitalize banks and the Federal Reserve said it discussed further asset purchases. All 10 groups in the Standard & Poor's 500 Index gained. read more

OCT 12, 2011 - 4:05 pm

Executives at three out of four mid-market companies are maintaining or boosting their long-term investments despite the U.S. economy's less than 1% growth rate during their first half of the year, according to a new Deloitte survey. read more

OCT 12, 2011 - 9:28 am

KES entered into an amended and restated revolving credit, term loan and security agreement with PNC Bank, providing for an asset-based revolving credit line of $30 million and a term loan of $6 million, which is an increase from KES's prior credit line of $23 million and term loan of $4 million. read more

OCT 10, 2011 - 10:14 am

IBM said that it launched a new migration program to make it easier for Oracle users to transition to IBM workload optimized systems and save up to 50% on applicable IT costs over three to five years. read more

OCT 6, 2011 - 9:24 am

Once in a while, stuff happens… As many of you noticed, today’s monitordaily E-News Broadcast contained broken links to the top stories. The issue has been resolved, and we’re back in full force. read more

OCT 4, 2011 - 1:18 pm