FLY Leasing repriced its 2012 term loan at par. The interest rate on the amended loan will be LIBOR + 2.00%, a 0.25% reduction from the previous margin. read more

NOV 2, 2017 - 6:45 am

Ritchie Bros. will conduct its largest single-owner crane auction of the year, selling more than 1,000 assets as part of a complete dispersal for Truck Crane Services. read more

OCT 31, 2017 - 6:35 am

The Wall Street Journal reported that Federal Reserve governor Jerome Powell will be Donald Trump’s choice to lead the Fed when current chair Janet Yellen’s term ends in January. read more

OCT 30, 2017 - 7:36 am

Bloomberg reported GE’s shares have fallen 32% in 2017, causing concern that if the new CEO’s plan to change the trajectory of the company is not successful, GE may have to cut its dividend for only the third time in its history. read more

OCT 30, 2017 - 7:19 am

The Wall Street Journal reported that GE may try to sell its railroad business as new CEO John Flannery continues his plans to cut $20 billion worth of assets following what he described as “horrible” Q3/17 results. read more

OCT 27, 2017 - 6:44 am

After GE produced what he called “horrible” results, CEO John Flannery is planning to cut upwards of $20 billion worth of assets, Reuters reported. read more

OCT 23, 2017 - 7:26 am

Based on U.S. Bank’s newly launched Freight Payment Index, there was an 8.3% jump in the U.S. Bank National Spend Index, the largest quarterly gain since Q4/14. read more

OCT 20, 2017 - 6:42 am

Analysis from Fleet Advantage illustrates a missed opportunity for cost savings when comparing a seven-year ownership of one truck to a four-year ownership and a four-year lease of two consecutive trucks. read more

OCT 19, 2017 - 6:25 am

Oak Valley Community Bank was recognized as the Most Active SBA 504 Lending Partner in 2017, while Mike Petrucelli was named the Most Active 504 Lender. read more

OCT 16, 2017 - 7:14 am

Wells Fargo named Mike Roemer chief compliance officer. Roemer, a 27-year financial services veteran, most recently served as group head of compliance for Barclays. read more

OCT 13, 2017 - 7:05 am

Online construction equipment rental marketplace BigRentz appointed Eric Esquivel director of operations. Esquivel previously served as senior manager of HQ customer service operations at Verizon Wireless. read more

OCT 13, 2017 - 6:16 am

According to Blumberg Capital’s annual fintech survey, consumers remain loyal to big banks despite a belief that traditional financial institutions are not evolving fast enough to keep up with rising consumer expectations. read more

OCT 12, 2017 - 6:46 am

According to an article by AMT’s Pat McGibbons, electric cars are closer to being a significant percentage of the market while autonomous vehicles are a decade or two away. read more

OCT 11, 2017 - 7:09 am

Grubhub closed its previously announced acquisition of Eat24. Citibank served as administrative agent for a credit facility consisting of a $225 million revolver, a $125 million term loan and $20 million of swing line loans. read more

OCT 11, 2017 - 6:51 am

Air Transport Services Group elected Raymond E. Johns, Jr. to its board of directors. read more

OCT 10, 2017 - 6:36 am