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We'll bring you news on the latest developments in the world of credit and loans, so you can know exactly what services are out there for your personal finances.

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FMF Capital Group Ltd. Reports Third Quarter Results for Fiscal 2007

19 February 2007

FMF Capital Group Ltd. (TSX:FMF.UN) announced today that it has filed its results for the nine months ended December 31, 2006. Full financial statements for the nine months ended December 31, 2006 and the Management's Discussion and Analysis for the pe...

Vineyard National Bancorp Reports Record Earnings for the Fourth Quarter and Year-End, With Assets Reaching $2.3 Billion

19 February 2007

The company's net interest margin for the fourth quarter 2006 was 4.32%, as compared to 4.33% for the third quarter 2006 and 4.57% for the fourth quarter 2005. "2006 was a challenging year for Vineyard due in part to market dynamics, real...

Alliance Financial Announces Fourth Quarter and Full Year 2006 Earnings

19 February 2007

Alliance Financial Corporation ("Alliance", or the "Company")(Nasdaq: ALNC), the holding company for Alliance Bank, N.A., announced today its net income for the quarter and year ended December 31, 2006. Net income was $2.1 million, or $0.43 per diluted...

New York Mortgage Trust Enters Into Definitive Agreement to Sell Its Wholesale Lending Assets to Tribeca Lending Corp.

18 February 2007

New York Mortgage Trust, Inc. (NYSE: NTR, "NYMT" or the "Company") today announced that, as a part of its previously announced exploration of strategic alternatives, it has entered into a definitive agreement to sell substantially all of the assets of ...

NorthStar Realty Finance Prices Ninth Collateralized Debt Offering

18 February 2007

NorthStar Realty Finance Corp. (NYSE: NRF) announced today the pricing of an $800 million collateralized debt obligation, N-Star Real Estate CDO IX, Ltd. ("CDO IX"). The offering is the ninth CDO issuance sponsored by NorthStar.

Kayne Anderson Energy Development Company Funds Second Lien Term Loan to ProPetro Services, Inc. and Provides an Update

17 February 2007

Kayne Anderson Energy Development Company (the "Company") (NYSE: KED) announced today that it has invested approximately $34 million in a second lien term loan (the "Term Loan") issued by ProPetro Services, Inc. ("ProPetro"), a private oilfield service...

MFA Mortgage Investments, Inc. Announces Fourth Quarter 2006 Earnings Conference Call

17 February 2007

MFA Mortgage Investments, Inc. (NYSE: MFA) will release its fourth quarter 2006 financial results on Friday, February 16, 2007.

First BanCorp Enters Into an Agreement That Will Complete Regulatory Requirements Relating to Mortgage-Related Transactions

17 February 2007

First BanCorp (NYSE: FBP) announced today that it has entered into an agreement with R&G Financial Corporation relating to prior transactions originally treated as purchases of mortgages and pass-through trust certificates (the "mortgage related transa

MFA Mortgage Investments, Inc. Announces First Quarter 2007 Preferred Dividend of $0.53125

17 February 2007

MFA Mortgage Investments, Inc. (NYSE: MFA) -- In accordance with the terms of MFA's 8.50% Series A Cumulative Redeemable Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.53125 per share for the quarter ended March 3...

Best Assigns Ironshore 'A-' Rating

17 February 2007

A.M. Best Co. has assigned a financial strength rating (FSR) of "A-" (Excellent) and an issuer credit rating (ICR) of "a-" to Bermuda-based Ironshore Insurance Ltd. Concurrently, Best assigned an ICR of "bbb-" to Ironshore's Cayman Islands holding comp...

Ind. Legislative Proposal Would Lower Premium Tax to 1 Percent

16 February 2007

A national insurance trade group provided supporting testimony this week, as Indiana took a step forward in attracting more insurance jobs to the state by lowering its insurance premium tax to 1 percent.

Administaff Announces Record Results for Fourth Quarter and Full Year

16 February 2007

Administaff, Inc. (NYSE: ASF), a leading provider of human resources services for small and medium-sized businesses, today announced a 22.2% increase in fourth quarter net income to $13.4 million in the 2006 period from $10.9 million in the 2005 period...

ECC Capital Corporation Closes the Sale of Its Mortgage Banking Operations to Bear Stearns

16 February 2007

ECC Capital Corporation (NYSE: ECR) today announced the closing on February 9, 2007 of the sale of its mortgage banking business to Bear Stearns.

Cash Now (CHNW) Posts 4th Q Results and Announces BoonMarket.com Profile Launch

16 February 2007

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Joint Announcement By CBD Media LLC and Local Insight Media, LLC

16 February 2007

CBD Media to Launch Change of Control Offers to Purchase 9-1/4% Senior Notes and 8-5/8% Senior Subordinated Notes

ISee3D Inc. Announces Short Term Loans Arranged With Related Parties

15 February 2007

(TSX VENTURE: ICG.H). ISee3D Inc. (the "Company") announces today that it has applied to the TSX Venture Exchange for approval to issue four (4) Promissory Notes relating to non-convertible, unsecured loan facilities, in the aggregate amount of $240,00...

Tiger Ethanol International Inc. Announces Proposed $4.5M Financing

15 February 2007

Tiger Ethanol International (OTCBB: TGEI.OB) announced today its intention to raise an additional $4,500,000 in a Private Placement of common shares of the Company in order to complete the next phase of its business plan. The Company has received expr...

Tiomin Clarifies Lenders Position for the Kwale Project in Kenya

15 February 2007

Tiomin Resources Inc. ("Tiomin" or the "Company") (TSX: TIO) wishes to clarify Tiomin's February 9th press release regarding the status of the debt facility. The lenders to the Kwale mineral sands project (the "Project") have not formally withdrawn the...

Nurun Announces Record Revenues and Net Earnings Since 2000

14 February 2007

Nurun Inc. (TSX: NUR), a subsidiary of Quebecor Media Inc., today reported its financial results for the financial year and fourth quarter ended December 31, 2006. Unless otherwise indicated, all amounts are in Canadian dollars.

NetSol Technologies Reports Second Quarter Fiscal Year 2007 Financial Results

14 February 2007

Pro Forma EPS of ($0.05), excluding the one-time non-cash charge NetSol Technologies, Inc. reported consolidated revenues of $13.1 million for the first half of fiscal year 2007, a 46% increase compared to the $9.0 million in revenues reported for...

Integrated Electrical Services Reports Fiscal 2007 First Quarter Results

14 February 2007

Integrated Electrical Services, Inc. (Nasdaq: IESC) today announced results for its fiscal first quarter of 2007 ended December 31, 2006. The company emerged from its restructuring on May 12, 2006, therefore, periods ended April 30, 2006 and prior are ...

Sparta Commercial Enters Municipal Leasing Market

14 February 2007

is one that can achieve great success for the company and our investors."

Ames True Temper Reports First Quarter Results

14 February 2007

- Revenue declines 4.1% vs. prior year on soft snow tool sales

EuroTrust Obtains DKK 250 Million Bridge Loan Facility

14 February 2007

a company owned by Erik Damgaard the Chairman of the Board of EuroTrust.

Omega Navigation Enterprises, Inc. Announces Agreement to Acquire Two Ice Class Panamax Product Tankers Expanding Its Fleet to Eight Vessels

14 February 2007

Omega Navigation Enterprises, Inc. (NASDAQ: ONAV) (SGX: ONAV50), a provider of global marine transportation services focusing on product tankers, announced today that it has agreed to acquire two newbuilding Ice Class 1A Panamax product tankers. The v...

Host America Reports Significantly Reduced Quarterly Loss; Resumes Timely Financial Reporting

14 February 2007

Host America Corporation (OTC: CAFE.PK) today announced a substantial reduction in its loss for the second fiscal quarter of FY 2007 compared to the prior year's second quarter. The improvement primarily reflects that the prior period was heavily influ...

MXenergy Reports Operating Results for the Second Quarter Ended December 31, 2006: Earnings Conference Call Scheduled for 11:30 a.m. EST, February 14,

14 February 2007

MXenergy Holdings Inc. ("MXenergy" or the "Company") announced today its operating results for the three and six months ended December 31, 2006.

Retrocom announces agreement to exchange half interests in three properties

14 February 2007

Retrocom Mid-Market REIT (RMM.UN:TSX) announced today that it has come to an agreement to purchase its remaining 50% interest in Lansdowne Plaza, Saint John, NB and 50% interest in Staples Woodlawn Plaza, Dartmouth, Nova Scotia from its partner on thes...

Wyndham Worldwide Reports Strong Fourth Quarter and Full Year 2006 Results

14 February 2007

Double Digit Revenue Growth in 4th Quarter Closes Out Banner Year Company Announces New $400 Million Share Repurchase Program

BPO Properties Reports 2006 Results

14 February 2007

BPO Properties Ltd. (TSX: BPP) today announced financial results for the year ended December 31, 2006.

American Pacific Reports 112% Revenue Increase for Fiscal 2007 First Quarter

14 February 2007

American Pacific Corporation (Nasdaq: APFC) today reported financial results for its fiscal 2007 first quarter ended December 31, 2006.

Discover Card Becomes Exclusive and Official Credit Card of the AFL

14 February 2007

Arena Football League (AFL) • Discuss this story on the Arena Football League message board...NEW YORK - The Arena Football League and Discover Card have entered into athree-year agreement that designates Discover Card as the Exclusive andOfficia...

Stonepath Group Debt Restructured With New Lender

13 February 2007

Mass Financial Signs Letter of Intent to Extend Stonepath $20 Million Line of Credit

Port Townsend Paper Corporation Reaches Agreement in Principle With Holders of More Than 70% of Senior Secured Notes to Restructure Debt Through Chapt

13 February 2007

PT Holdings Company, Inc. (the "Company"), the parent company of Port Townsend Paper Corporation ("PTPC"), announced today that the Company and its U.S. affiliates have filed for protection under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Ban...

ChoicePoint(R) Sells Bulk Bankruptcy, Liens and Judgments Records Business; Enters into Long-Term Access Agreement

13 February 2007

ChoicePoint announced today that it has sold part of its public records operations, specifically the businesses that collect bankruptcy, lien and judgment (BLJ) records and provide them on a wholesale, bulk basis to commercial enterprises around the co

Gray Updates Guidance for 2006 Operating Results & Announces Debt Refinancing

13 February 2007

Gray Television, Inc. ("Gray" or the "Company") (NYSE: GTN) today announced updated guidance for selected operating results for the three months ("fourth quarter") and full year ending December 31, 2006. This press release updates and supplements guida...

Ausam announces closing of US$46 million financing and acquisition

13 February 2007

Ausam Energy Corporation ("Ausam" or the "Company") is pleased to announce that it has secured US$46,178,494 (approximately C$54,300,000) in financing and has closed the previously announced acquisition of leasehold rights to certain oil and gas proper

QIAGEN Reports Strong Fourth Quarter and Fiscal Year-End 2006 Results

13 February 2007

17% Constant Currency and 11% Organic Revenue Growth in 2006 22% Growth in Adjusted EPS in 2006 Fourth Quarter 2006 Adjusted EPS Exceeds Guidance

Prospect Energy Corporation Announces Repayment of Investment in Cypress Consulting Services, Inc.

13 February 2007

Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it expects repayment of, and a gain on, Prospect's $4.3 million debt investment in Cypress Consulting Services, Inc. ("Cypress"), a seismic surveying company based in Houston,...

Diversa and Celunol Announce Merger to Create a New Biofuels Industry Leader

13 February 2007

Diversa Corporation (Nasdaq: DVSA) and Celunol Corp. today announced they have signed a definitive merger agreement to create a new leader in the emerging cellulosic ethanol industry.

Tutogen Medical, Inc. Reports Financial Results for First Quarter of Fiscal Year 2007

13 February 2007

Company Reports 2nd Consecutive Profitable Quarter

ECC Capital Announces Its Expected Close of the Transaction With Bear Stearns

13 February 2007

ECC Capital Corporation (NYSE: ECR), a mortgage finance real estate investment trust that originates and invests in residential mortgage loans, today announced that it expects the closing of the sale of its mortgage banking business to Bear Stearns Res

Interstate Hotels & Resorts Completes Acquisition of Hilton Houston Westchase in Texas

13 February 2007

Interstate Hotels & Resorts (NYSE: IHR), one of the nation's largest independent hotel management companies, today announced that it has closed on the acquisition of the 297- room Hilton Houston Westchase hotel in Texas for $50.5 million, or $170,000 p...

FBR Announces Alignment of Senior Management Responsibilities to New Organizational Structure

13 February 2007

Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) ("FBR Group" or "the Company") today announced that it has aligned the structure and responsibilities of its senior management team to reflect its new corporate structure. In June 2006, FBR Group forme...

Kimball Hill, Inc. Reports First Quarter 2007 Results

13 February 2007

Kimball Hill, Inc. ("Kimball Hill") (bond ticker: KIMHIL) today announced financial results for the quarter ended December 31, 2006.

Princeton National Bancorp, Inc. Announces 2006 Results

13 February 2007

Princeton National Bancorp, Inc. (NASDAQ: PNBC)

New Century Financial Corporation Announces January 2007 Mortgage Loan Production of $4.2 Billion

11 February 2007

New Century Financial Corporation (NYSE: NEW), a real estate investment trust (REIT), today announced that total mortgage loan production for January 2007 was $4.2 billion, reflecting a 5.0 percent increase compared with $4.0 billion in January 2006.

Sinovac Files Registration Documents for Euvax-B(TM) with SFDA Loan Repayment Received from One Former Director

11 February 2007

Sinovac Biotech Ltd. (Amex: SVA), a leading provider of biopharmaceutical products in China, today announced it has filed registration documents with the China State Food and Drug Administration for LG Life Sciences (LGLS) hepatitis B vaccine, Euvax-B(...

Luminent Mortgage Capital Fourth Quarter and Full Year 2006 Earnings: Solid Growth in Earnings and Prime Quality Portfolio

10 February 2007

Luminent Mortgage Capital, Inc. (NYSE: LUM) today reported net income for the quarter ended December 31, 2006 of $18.0 million, or $0.39 per share, and core earnings of $14.4 million, or $0.31 per share. REIT taxable net income for the quarter ended De...

Hughes Communications Inc. Announces That Its Subsidiary, Hughes Network Systems, LLC, Enters into Commitment Letter for $115 Million Loan Financing

10 February 2007

Hughes Communications, Inc. (Nasdaq: HUGH) ("Hughes"), the global leader in broadband satellite network solutions and services, today announced that its wholly owned subsidiary, Hughes Network Systems, LLC (the "Company"), has entered into a commitment...

 
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