Finance

Sterling McGregor joins Dealpoint Merrill as Co-Founder and Chief Investment Officer

LOS ANGELES, Calif., March 7, 2013 (SEND2PRESS NEWSWIRE) -- Dealpoint Merrill (subsidiary of The Merrill Group of Companies), a regional owner and operator of 'value added' adaptive reuse properties, retail conversions and investments, is proud to announce Sterling McGregor has joined the company as Co-Founder and Chief Investment Officer.

Global DMS Celebrates Ten Year Anniversary

LANSDALE, Pa., March 6, 2013 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, today announced the celebration of its tenth anniversary in business. The Global DMS name was officially formed in 2003 and the company has remained dedicated to the mortgage banking industry and appraisal management space since its inception.

Interthinx White Paper on Retail Loan Portfolio Stress Testing Offers Best Practices

AGOURA HILLS, Calif., Feb. 20, 2013 (SEND2PRESS NEWSWIRE) -- The Predictive Analytics group at Interthinx announced today the availability of a white paper outlining its recommendations for conducting stress testing on retail lending portfolios. The white paper, 'A Proven Approach to Stress Testing Consumer Loan Portfolios,' details the measurements, data sets, and procedures needed to develop more sophisticated economic models to assist lenders in meeting stress-testing requirements.

Financial Consultant Ed Carlson Discusses How to Time Stock Market Cycles on ‘Market Wrap with Moe Ansari’

NEWPORT BEACH, Calif., Feb. 15, 2013 (SEND2PRESS NEWSWIRE) -- There are many methodologies for deciding when to buy and sell in the stock market, and the right advice can be invaluable. From 1951 to 1985, George Lindsay was renowned for his accuracy in predicting market cycles in order to time the buying and selling of market shares. On Feb. 20, 'Market Wrap with Moe Ansari' will host Ed Carlson, author of 'George Lindsay's An Aid to Timing' (ISBN: 978-0615720371).

Truebridge Acquires Bank-Brokerage Consulting Firm

BOSTON, Mass., Feb. 14, 2013 (SEND2PRESS NEWSWIRE) -- Truebridge, Inc., a Boston-based financial services marketing firm for banks and credit unions, has acquired American Brokerage Consultants of St. Petersburg, Florida. The announcement was made today by Stewart Rose, CEO of Truebridge.

MCT Trading’s Phil Rasori Designated to ‘Top 40 Most Influential Mortgage Professionals Under 40 List’ for Third Year in a Row

SAN DIEGO, Calif., Feb. 8, 2013 (SEND2PRESS NEWSWIRE) -- MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that that Phil Rasori, the company's COO and Head Trader, has earned a spot on National Mortgage Professional Magazine's 'Top 40 Most Influential Mortgage Professionals Under 40' list for the third time.

Matchbox, LLC Exec Jonathan Yosha Named a Top 40 Most Influential Mortgage Professionals Under 40

MELVILLE, N.Y. /New York Netwire/ -- Matchbox, LLC, a full service advisory and consulting partner to the mortgage banking industry, is proud to announce that its VP Jonathan Yosha was named to National Mortgage Professional magazine's latest 'Top 40 Most Influential Mortgage Professional Under 40' list.

NY Governor Cuomo Announces Health Insurance Consumers Will Save $500 Million After Cuts in Insurer Rate Requests

ALBANY, N.Y. /New York Netwire/ -- NY Governor Andrew M. Cuomo today announced that New Yorkers will save more than $500 million on health...

NY Gov Cuomo Announces Major State Banks Agree to Waive Consumer Fees in Aftermath of Hurricane Sandy

ALBANY, N.Y. /New York Netwire/ -- Governor Andrew M. Cuomo today announced that several major state-chartered banks have agreed to waive a number of...

Lightway Solar America Enters Into Agreement with Pristine Sun to Supply 11.8 MW of Solar Modules

ISELIN, N.J. /New York Netwire/ -- Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Pristine Sun, LLC have entered in an agreement whereas Lightway will supply 11.8 megawatts of solar panels for 12 projects located throughout California ranging from 325 KW to 1.95 MW. The Supply Agreement was structured to have Lightway's project development subsidiary, LWSA Project Development LLC, invest a total of $2.55M in exchange for equity ownership.

Mortgage Technology Magazine Names Global DMS Client United Fidelity Funding to its Top 25 Tech-Savvy Lenders and Servicers List

LANSDALE, Pa. /New York Netwire/ -- Global DMS, the leading provider of compliant Web-based valuation management software, announced that its client, United Fidelity Funding Corp (UFF), earned a spot on Mortgage Technology magazine's 2012 Top 25 Tech-Savvy Lenders and Servicers list. Global DMS' Web-based appraisal management and valuation solution was cited as a key reason that UFF made the list.

Lightway Solar America Executes 62.8 MW Solar Project Development Pipeline

ISELIN, N.J. /New York Netwire/ -- Lightway Solar America, Inc. (LSA), the U.S. subsidiary of Lightway Green New Energy Co., Ltd. (LGNE), has announced the execution of 62.8 Megawatts of contracts through their project development subsidiary, Lightway Solar America Project Development, LLC (LWSA PD).

US Cable System Operators Chasing a Declining, Competitive Market with Push into Business Services, says Insight Research Corp

MOUNTAIN LAKES, N.J. /New York Netwire/ -- While the US Cable TV Multiple System Operators (MSOs) in 2012 may generate over $7 billion in annual revenues providing telecommunications services to businesses, they will be chasing a declining business telecom services segment and face fierce competition from entrenched telco providers with very deep pockets ready to staunchly defend their existing base, according to a new market research study from The Insight Research Corporation.

Peter Grandich Issues Dire Financial Forecast for Our Children and Grandchildren

MANASQUAN, N.J. /New York Netwire/ -- Peter Grandich, market commentator and editor of the internationally-followed 'Grandich Letter,' posted a strong warning to readers today about the United States' grave financial condition, predicting a dire fiscal picture for our children and grandchildren.

Platinum Group Metals Heading Toward Tight Supplies, Soaring Prices and Competition from Cheaper Alternatives

NEW YORK, N.Y. /New York Netwire/ -- Platinum group metals (PGMs), namely, platinum, palladium, rhodium, iridium, ruthenium and osmium, are heading toward a period of exceptional volatility with supply constraints and dramatic fluctuations in price, according to a new report published by Thintri, Inc. The same materials are threatened in the longer term by competing materials in some of their largest markets.

Wave of Deferred Bank Repossessions Expected in 2012

NEW YORK, N.Y. /New York Netwire/ -- According to Bank Owned Properties, some 600,000 properties in the U.S. are reported to begin the foreclosure process as the foreclosure industry begins to function more normally.

The Pension Inspector Adds Investment Performance and Defined Benefit Funding Ratings and Launches an Economy On Demand Download Subscription Service

NEW YORK, N.Y. /New York Netwire/ -- AtPrime Media, Inc., the sponsor of the Atprime Pension Inspector Suite, the leading online service for all Qualified Retirement Plan performance results, announces, 7 Year Investment Performance Ratings for all Qualified Retirement Plans - 401(k), ESOP, Defined Benefit, etc. - as well as Defined Benefit Funding ratings.

Rangers Fans Attacked in Philly to Be Treated to Special Game with Players

WALL, N.J. /New York Netwire/ -- Two NY Rangers fans who were attacked and beaten outside a Philadelphia eatery on January 2, 2012, after the Rangers vs. Flyers match up are about to receive the star treatment thanks to a business owner with ties to former team members. Peter Grandich, founder of Trinity Financial Sports and Entertainment Management Co., LLC, will host the two men, Neal Auricchio Jr. and Michael Janocko at the February 12th Rangers game.

FastUpFront Makes Waves with its 2012 Presidential Candidates Infographic

CLIFTON, N.J. /New York Netwire/ -- FastUpFront plans to make waves with its newest infographic: 2012 Presidential Candidates for Small Businesses. The infographic details the positions of the top 2012 presidential candidates on major issues facing small businesses such as taxes, minimum wage, and business expenses.

Buffalo-based Drumbeat Networks Grows with New Investment

BUFFALO, N.Y. /New York Netwire/ -- Drumbeat Networks, a Buffalo, N.Y.-based service provider of digital lifestyle services, including internet, video and voice services to the multi-family industry, announced today that it has completed its second round of funding.

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