Of Interest

Tiger Capital Expert Says Heavy Debt Drives Retail Failures

Excessive debt continues to be an underappreciated factor in the demise of many retail chains, writes Bradley W. Snyder, a Tiger Capital Group executive managing director, in the weekly newsletter of Mann Publications’ Fashion Mannuscript magazine. In the featured story Snyder, a corporate advisor on... read more

Gordon Brothers Purchases Assets of Coalcliff Pty

Gordon Brothers has acquired assets formerly owned by Coalcliff Pty, including trucks (prime movers, service trucks, and water trucks), trailers, loaders, excavators, rollers, dump trucks, graders, dozers, light vehicles and miscellaneous workshop assets and assorted parts. read more

ELGA to Exhibit at 31st Annual National Funding Conference

Equipment Leasing Group of America (ELGA) will be exhibiting at the 31st Annual National Funding Conference, April 9-11, at Swissôtel Chicago. read more

ISM Report: 56.1% Growth in Non-Manufacturing Sector in March

Economic activity in the non-manufacturing sector grew in March for the 110th consecutive month, according to the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business. read more

BofA Ranked Top Financial Institution in 2019 LinkedIn Top Companies list

Bank of America was today ranked the top financial institution in the 2019 LinkedIn Top Companies list. This is the first time the bank has been included in the fourth annual list that recognizes the 50 most sought-after places to work in the U.S. read more

Capital One: Small Business Owners Remain Confident About Finances

Two-thirds (66%) of small business owners (SBOs) say recent fluctuations in the stock market have not changed their business outlook, according to Capital One's latest Small Business Growth Index, a biannual survey of 500 SBOs. read more

WOW Air Ceases Operations Leaving Passengers Stranded

Discount Icelandic airline WOW Air announced the immediate termination of all operations on its website, leaving at least a thousand passengers in limbo and causing minor chaos at several airports as customers struggled to find last-minute flights and accommodations. read more

Bombardier Global 7500 Aircraft Breaks Key Speed Record Between LA & NY

Bombardier’s Global 7500 jet broke a significant speed record between Los Angeles and New York, a key city pair. read more

Bennett Joins Ritchie Bros. to Lead Leake Auction Subsidiary

Gary Bennett will rejoin Ritchie Bros. subsidiary Leake Auction Company as general manager, New Ventures & Sectors (Collector Cars) for Ritchie Bros. He will be based in Tulsa, OK. read more

Neiman Marcus Announces TSA; Marble Ridge Eyes Agreement with Skepticism

Neiman Marcus Group reached a transaction support agreement with lenders representing more than 55% of the company’s term loan and holders of more than 60% of its unsecured notes. read more

J.D. Power: Alternative Lenders Satisfy Customers with Quick Approvals

Record levels of credit card debt, rising interest rates and a proliferation of alternative lenders are making personal loans the fastest-growing category of consumer debt products, according to the J.D. Power 2019 Personal Loan Satisfaction Study. read more

Goldman Sachs, J.P. Morgan to Bookrun on Pinterest Public Offering

Online image aggregator and social media platform Pinterest filed a proposal with the SEC for an initial public offering of its Class A shares. Goldman Sachs, J.P. Morgan Securities and Allen & Company will serve as lead joint book-running managers for the offering. read more

Capital One Survey: New Tech Essential for Next Economic Cycle

Capital One’s sixth annual survey at SFIG Vegas 2019 found that an overwhelming majority (90%) of survey respondents feel that adopting new technologies will be important to preparing their businesses for the next economic cycle. read more

Report: CNC Machines Projected to Reach $76B+ in Sales by 2024

The CNC machine market is projected to grow at a CAGR of 7.62% to reach $76.058 billion by 2024, up from $48.965 billion in 2018, according to the "CNC Machine Market - Forecasts from 2019 to 2024" report on ResearchAndMarkets.com. read more

Redefining the Road Chooses U.S. Xpress HR SVP as a Top Woman to Watch

U.S. Xpress Enterprises’ Senior Vice President of Human Resources Amanda Thompson was named a 2019 Top Woman to Watch in Transportation by the Women in Trucking Association. read more

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