Three Dividend Stories: Main Street, Hercules and Medallion Financial

March 10th, 2010 by voiletsimons

Source: Seeking Alpha (blog) (Original Article)

If you take a big picture view of the Business Development Company (BDC) industry, there is no question that matters are looking up. Stock prices are jumping, dividends are being maintained or raised and balance sheets are being rejiggered to take advantage of the nascent recovery.

Nonetheless, it’s not all easy sailing for investors in this space as the news from three very different companies has underscored in recent weeks. We thought it would be interesting to compare and contrast recent developments at Main Street Capital (MAIN), Hercules Technology (HTGC) and Medallion Financial (TAXI).

Yesterday, after closing, Main Street Capital, which focuses on loans in the lower middle market financed by Small Business Investment Corporation (SBIC) capital, announced lukewarm results. Investment cheap flights Townsville to Mackay Income was down, and so was Distributable Income Per Share.

Ireland plans automatic pension scheme enrolment

March 6th, 2010 by voiletsimons

Source: Financial Times (Original Article)

Ireland has adopted an idea from behavioural economics to tackle the problem of private sector pension coverage, with reforms announced last week that will see low and middle income workers automatically enrolled in a pension scheme.

Pete Lund, an economist at Dublin’s Economic and Social Research Institute, says auto enrolment is an example of the default option – a concept borrowed from behavioural economics, but now familiar across businesses from the way the French and Germans donate cheap flights from Port Macquarie to Sydney organs to Ryanair’s policy on travel insurance on its website.

Werner Enterprises to Participate in the J.P. Morgan Aviation, Transportation …

March 3rd, 2010 by voiletsimons

Source: FOXBusiness (Original Article)

OMAHA, Neb., Mar 03, 2010 (BUSINESS WIRE) —-Werner Enterprises, Inc. (NASDAQ:WERN) (”Werner”), one of the nation’s
largest transportation and logistics companies, announced that it will
participate in the J.P. Morgan Aviation, Transportation & Defense
Conference on Tuesday, March 9, 2010 at the J.P. Morgan Conference
Center in New York City, New York.

John J. Steele, Executive Vice President, Treasurer and Chief Financial
Officer of Werner, will represent the company at the conference. Mr.
Steele will present a general overview of Werner’s business and
operations to the investment community. The presentation will begin at
9:20 a.m. (EST) and will be approximately 40 minutes in length. Mr.
Steele will also take part in several meetings with investors during the
conference.

On the date of the conference, a live audio webcast of Werner’s formal
presentation and the investor materials provided by Werner at the J.P.
Morgan Aviation, Transportation & Defense Conference will be publicly
accessible on the internet through the “Investor Information” link on
the Werner website at www.werner.com.
The investor materials and replays of the webcast presentation will then
be archived and available to the public on the Werner website during the
30-day period following the conference date.

Werner Enterprises, Inc. was founded in 1956 and is a premier
transportation and logistics company, with coverage throughout North
America, Asia, Europe, South America, Africa and Australia. Werner
maintains its global headquarters in Omaha, Nebraska and maintains
offices in the United States, Canada, Mexico, China and Australia.
Werner is among the five largest truckload carriers in the United
States, with a diversified portfolio of transportation services that
includes dedicated, medium-to-long-haul, regional and local van
capacity, expedited, Malta Tours temperature-controlled and flatbed services.
Werner’s Value Added …continue reading

Eaton Vance Corp. Report For the Three Months Ended January 31, 2010

February 23rd, 2010 by voiletsimons

Source: FOXBusiness (Original Article)

BOSTON, Feb 24, 2010 /PRNewswire via COMTEX/ —- Eaton Vance Corp. (NYSE: EV) reported earnings per diluted share of $0.37 for the first quarter of fiscal 2010 compared to
earnings per diluted share of $0.21 in the first quarter of fiscal 2009 and $0.39 in the fourth quarter of fiscal 2009. First
quarter 2010 earnings were reduced approximately $0.02 per diluted share by adjustments recognized in connection with the
adoption of a new accounting standard on non-controlling interests in consolidated financial statements. Fourth quarter fiscal
2009 earnings were increased approximately $0.05 per diluted share by tax adjustments primarily related to stock-based compensation.

Net inflows of $3.0 billion into long-term funds and separate accounts in the first quarter of fiscal 2010 compare
to net inflows of $3.3 billion in the first quarter of fiscal 2009 and $5.5 billion in the fourth quarter of fiscal 2009.
The Company’s annualized internal growth rate for the quarter was eight percent. Assets under management on January 31, 2010
were $161.6 billion, an increase of 32.6 percent over the $121.9 billion of managed assets as of January 31, 2009 and an increase
of 4.3 percent over the $154.9 billion of managed assets as of October 31, 2009.

“Eaton Vance’s improving financial results reflect both continuing organic growth and the sharp recovery in market
prices over the past year,” said Thomas E. Faust Jr., Chairman and Chief Executive Officer. “Growth in our managed assets
has been nicely balanced between funds and separate accounts and among leading investment disciplines.”

Comparison to First Quarter of Fiscal 2009

Long-term fund net inflows of $1.5 billion in the first quarter of fiscal 2010 compare to $0.5 billion of long-term
fund net inflows in the first quarter of fiscal 2009, and reflect $6.8 billion of fund sales and other inflows, $4.7 billion
of fund redemptions and $0.6 cheap flight Brisbane to Port Hedland billion of reductions in fund leverage. Institutional …continue reading

Peru’s debt drops $1.416bn

February 18th, 2010 by voiletsimons

Ali Rodriguez, the Venezuelan oil minister, said he estimated OPEC to wait pending the third quarter to increase oil harvest. He piercing to a regular drop in demand in the second quarter as a reason for the delay. An increase in productivity was usually estimated for the second quarter, with only Iran honestly not up to standard a delay. Venezuela is the second prime OPEC manufacturer and played a key role in lowering oil productivity and pushing prices to their peak level in nine living. Mr Rodriguez projected that present would be an extra demand of 1.4m to 2m barrels a day in 2000, and roundabout that production may be increased to meet that demand in flights from Rockhampton to Longreach the third and fourth digs.  News and Analysis[ 
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US aids center east public security march

February 14th, 2010 by voiletsimons

Bill Hilary rodham clinton, the chief executive of the Cooperative States, said his acme with Israeli and Palestinian arab leadership had revitalized the hunting for a perm serenity in the In-between East. Mr Hilary clinton cautioned that Yassir Yasser arafat, drawing card of the Palestinian arab Authorization, and Ehud Barak, Israeli choice diplomatic minister, faced a demanding timetable to progress to repose by Feb 2000. The coming together betwixt the threee leadership was the number 1 since Mr cheap flights from Launceston to Hobart Barak assumptive position in July.  Related to Article[ 
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20th XBRL International Conference to Be Held in Rome, Italy on April 20-22, 2010

February 9th, 2010 by voiletsimons

Source: SYS-CON Media (press release) (Original Article)


The 20th XBRL International Conference “XBRL: Linking Businesses, Public
Regulators & Citizens” is produced by XBRL International, Inc. and is
hosted by XBRL Italy in cooperation with XBRL Europe.

Recently, global leaders who met for the G20 Summit concluded that the
global crisis demands global action which includes better regulation,
stronger mandates and better coordination with standard setting bodies
to provide improved transparency to rebuild trust in the world economy
and prevent future economic crisis. To this end, both the conference
speakers and track sessions will document the many ways XBRL, the global
standard language for electronic reporting, is linking to these G20
objectives and also better connecting the public and private sectors of
global finance & business reporting to provide enhanced transparency and
better risk management. The Main Stage keynote speakers will also
explore how XBRL, interactive data, reduces the reporting burden leading
towards better regulation, disclosure and assurance.

More than 2/3 of the world’s market capitalization – trillions of
dollars – is already being reported in XBRL format. Hundreds of XBRL
initiatives are underway in more than a dozen countries that will
benefit millions of companies as well as the users of their information:
management, investors, analysts, regulators, lenders and more.

The governments of Argentina, Australia, Belgium, Canada, Chile, China,
Denmark, France, Germany, India, Israel, Japan, Korea, Netherlands,
Norway, Singapore, South Africa, Spain, Sweden, Thailand, United Kingdom
and United States have regulatory mandates or voluntary filing programs
for business reporting requiring XBRL.

Confirmed Keynote Speakers Include:

Business Executives and Finance Professionals will participate in
unique workshops and forums to hear cheap domstic flights from Launceston to Coffs Harbour leading financial industry experts
speak on:

continue reading

Fast Friday links

February 3rd, 2010 by voiletsimons

http://www.autoperformancenews.com/3715/get-your-dream-car-get-a-car-loan/
If you have a credit score less than 600 you may have to finance your car purchase using a bad credit car loan. These loans will have higher interest rates but if you keep up your repayments you will increase your credit rating. Eventually you’ll be able to refinance … If the car loan repayments do not fit within your budget seriously reconsider and purchase a car you know you can afford. 9. Once you have found the best deal for you, get pre-approved for this auto loan. …

http://recessionglobal.info/article/personal-unsecured-loans-assistive-guidelines-for-personal-finance/
Unfortunately, it’s impossible to get approved for an unsecured credit with poor credit. In this case, you may have to explore other alternatives. Suppose you want to start a small business, but you are not sure that it will be successful. If you have a family with young … Car Finance Secured or Unsecured? (40.685) By: Rik Johns Ever wondered what the difference is between secured car loans and personal unsecured car loans and how that difference affects your fi. …

http://thesoulpitt.com/diversitydirectory/?p=576
It’s an amazing feeling to be able to finance a car or home, be approved for a credit card or even be able to apply for a job without worrying about your credit rating. With a good credit rating, you can finance items with a lower …

http://www.islandgirlp.com/?p=877
There are cases that a person will get approved after his first try but some have to do a disability appeal to be considered the second time. It is an amazing read when you get flights from Melbourne (All Airports) to Sunshine Coast started and once you understand all the terms and …

ING Introduces New Indexed Universal Life Product That Uses Multiple Stock …

January 31st, 2010 by voiletsimons

Source: FOXBusiness (Original Article)

MINNEAPOLIS, Feb 01, 2010 /PRNewswire via COMTEX/ —- ING announced today that it will introduce a new indexed universal life insurance product that will offer interest crediting
based on an indexed strategy option that includes two non-U.S. stock market indexes. Named ING Indexed Universal Life-Global
(ING IUL-Global), and issued by Security Life of Denver Insurance Company, the product offers policy holders valuable death
benefit protection and the choice of a fixed interest strategy or an indexed strategy. The indexed strategy credits interest
based upon a formula that uses a portion of the two better-performing of three indexes (S&P 500(R) Index, the EuroSTOXX
50(R) Index, and the Hang Seng Index) looking back over a five-year period.

“ING IUL-Global’s indexed strategy offers both the potential to capture some upside from the best two of three indexes,
with the downside protection of a 1% per-year guaranteed minimum interest rate,” said Daniel Mulheran, president of ING U.S.
Retail Life Distribution. “It is a great product for those who need life insurance and are looking for potential cash accumulation,
supplemental retirement income, executive benefits or are interested in financing their premiums.”

Indexed universal life has the potential for higher interest than a more traditional universal life insurance product,
yet there is more cash-value protection against market declines than variable universal life (VUL) through a guaranteed minimum
interest rate. The three-index strategy offered in ING IUL-Global could provide greater cash accumulation than using just
the fixed or single-index strategies found in other products. The five-year look-back period may also help reduce volatility
associated with year-to-year index changes.

The fixed strategy of ING IUL-Global earns interest based upon a current credited interest rate declared by Security
Life that will be in effect for at least cheap domstic flights from Brisbane to Rockhampton the first 12 months. At each policy …continue reading

Germany to delay bracing of beef ban

January 29th, 2010 by voiletsimons

Andrea Fischer, the German fitness minister, said Germany would not lift its ban on British beef ban awaiting the European Union had established an issue over the labelling of produce. Ms Fischer said the German leadership was firm to guarantee that customers knew whether they were business greys anatomy dvd British beef or crop made from it.  …more[ 
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