BNET Business Dictionary
Business Definition for: Finance Company
- a business that lends money to people or companies against collateral of some kind
Additional Resources
- Best Affordable 'Burbs
- Potential homebuyers are enjoying low loan rates (mortgage rates dipped below 5 percent again, according to finance company Freddie Mac). But affordability isn't just about cheap money, it's about low prices -- hopefully for a home not in the middle of nowhere. Hence today's Bloomberg BusinessWeek "Best...
- Blog posts 2010-03-04
- Greece Says G20 to Review Financial Speculation
- By Harry PapachristouWASHINGTON (Reuters) - Greece, pressing for curbs on financial speculation that it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.Greek Prime Minister George Papandreou told reporters after meeting with President...
- News items 2010-03-09
- Denny's Shareholders Nominate Board Directors
- PRESS RELEASE: CHICAGO, March 2 /PRNewswire/ -- The Committee to Enhance Denny's, headed by Oak Street Capital Management, LLC and Dash Acquisitions, LLC, announced today that it has notified Denny's Corporation (Nasdaq: DENN) of its intention to nominate three highly qualified individuals for election to the Board of Directors at...
- News items 2010-03-02
- Sportingbet Seeks to Expand European Basketball Bets, CEO Says
- March 3 Bloomberg -- Sportingbet Plc, a U.K. Internet gambling company that sponsors English soccer's Wolverhampton Wanderers, wants to expand betting on European basketball to add to its soccer-dominant sports-wagering systems.The company would like to boost betting on basketball, which exceeds wagers on tennis, to 10 percent of sports revenue,...
- News items 2010-03-03
- Paving the Way to Success: The Cyclical Nature of the Capital Equipment Industry
- Saj Karsan submits: In general, makers of capital equipment see highly cyclical demand from their customers, as the will/ability of companies to finance expensive purchases during recessions disappears. Further, adding to the already-pressured earnings situation for companies that manufacture heavy-duty capital goods, is the fact that a large component of...
- External links 2010-03-03
- Kazakhmys Resumes Dividend Payments
- By Eric OnstadLONDON (Reuters UK) - Kazakh miner Kazakhmys KAZ resumed dividend payments on Thursday after slashing its debt and seeing copper demand rebound from a slump that helped push down its 2009 core profit by 26 percent."Against the challenging backdrop for 2009, the group produced an outstanding performance, and...
- News items 2010-03-04
- MetLife Near $15 Billion Deal For AIG Unit
- By Paritosh BansalNEW YORK (Reuters) - A tax question holding up American International Group Inc's AIG sale of its foreign life insurance unit to MetLife Inc MET is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources familiar with the matter said on Thursday.Timing...
- News items 2010-03-04
- MetLife Near Deal For AIG Unit -sources
- By Paritosh BansalNEW YORK (Reuters UK) - A tax question holding up American International Group Inc's AIG sale of its foreign life insurance unit to MetLife Inc MET is expected to be resolved favourably, clearing the way for a roughly $15 billion (10 billion pound) deal, sources familiar with the...
- News items 2010-03-04
- MetLife Near Deal For AIG Unit - Sources
- By Paritosh BansalNEW YORK (Reuters UK) - A tax question holding up American International Group Inc's AIG sale of its foreign life insurance unit to MetLife Inc MET is expected to be resolved favourably, clearing the way for a roughly $15 billion (10 billion pound) deal, sources familiar with the...
- News items 2010-03-04
- GDF Suez rekindles the spirit of Ferdinand Lesseps
- GDF Suez hasbeen steadily returning to its old Suez Canal roots. Gerard Mestrallet, the Franco-Belgian group's chairman and chief executive, is the first to acknowledge this. After all, it all began in the mid-19th century with the Suez Canal Company and the global vision of Ferdinand Lesseps to build...
- News items 2010-03-04
- Why Texas Instruments Looks Undervalued
- Value Expectations submits: The Applied Finance Group’s (AFG’s) valuation techniques help investors identify and take advantage of mispriced securities in the market. One way investors can identify over or undervalued stocks is by using AFG’s Intrinsic Value Chart, which displays a company’s intrinsic value relative to its trading range...
- External links 2010-03-05
- Yahoo Loses Exclusive T-Mobile USA Search Deal To Google
- T-Mobile USA has ended its year-old exclusive search deal with Yahoo, and has replaced the company with its chief rival—Google (NSDQ: GOOG). The deal shifts the U.S. mobile search dominance away from Yahoo and in favor of Google, which now works with two of the top four carriers. The...
- External links 2010-03-05
- Yahoo Disbands Mobile Group As Part Of Reorganization
- Yahoo (NSDQ: YHOO) may have lost its exclusive search deal with T-Mobile USA, but it is banking on a major reorganization to help recharge the company’s mobile efforts.The changes, which involves breaking up the mobile group and redeploying those employees across the company’s individual product groups, is the result...
- External links 2010-03-06
- Showdown Over Six Flags Begins in Bankruptcy Court
- By Tom HalsWILMINGTON, Delaware (Reuters) - Warring creditors of Six Flags Inc SIXFQ take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford.Holders of senior bonds will tout their plan, which leaves them...
- News items 2010-03-08
- Stuck Between the Internet and eBooks, Borders Bookstores Struggling to Survive
- Just over a month after cutting ten percent of its workforce, troubled retailer Borders BGP has reportedly started yet another wave of layoffs. The Daily Finance quoted "multiple sources" that last Thursday, the big book and music chain "instituted a company-wide layoff of all inventory supervisors, and...
- Blog posts 2010-03-08
- Greek PM Urges G20 Effort to Rein in Speculators
- By Lesley Wroughton and Lucia MutikaniWASHINGTON (Reuters) - Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis.After meeting with Secretary of State Hillary Clinton, where he sought support...
- News items 2010-03-08
- Cut Taxes For Your Heirs With Inherited IRAs
- As April 15 approaches, MoneyWatch is publishing daily tax tips. See the full list here, and please check back frequently for the latest advice from our experts. This idea probably won't save you any money in your 2009 taxes, but it's a very valuable tip for the...
- Blog posts 2010-03-08
- Sprint Sees Growth Ahead and Vows to Get Aggressive on Debt
- Ockham Research submits: Sprint Nextel S is getting a boost today after announcing that it will continue strict cost management in an effort to aggressively pay down debt. During a discussion with analysts, Sprint’s CFO Bob Brust reiterated their goals to reduce the debt burden which has slowly...
- External links 2010-03-08
- @ ADMS: Murdoch's Speech In Full: "If A Wind Blows, Ride It"
- At the opening speech of the first Abu Dhabi Media Summit, Rupert Murdoch is exhorting Arab nations to open up and let creative talents flow. Of course, he has his own agenda in mind: open it up to our content as well. This is the show-me-the-money quote: “When we...
- External links 2010-03-09
- Glencore Profit Down 43 Percent
- By Eric OnstadLONDON (Reuters UK) - Commodity trader Glencore GLEN, which recently took first steps towards a possible stock market flotation, warned of a bumpy recovery after posting a 43 percent fall in 2009 net profit on weak prices hit by the downturn.The Switzerland-based group, which has a 35 percent...
- News items 2010-03-10
