Archive for April, 2008

Millions of UK Consumers Being Financially Deceived At The Hands Of Many Mortgage Lenders, Banks, Insurers and Mortgage/Financial Advisors

Tuesday, April 29th, 2008

Latest news released today indicates that millions of consumers over the last 20 years have become unknown victims of large scale breaches of the Consumer Credit laws in relation to how professional parties should have behaved towards them. Consumers have been financially deceived by some Mortgage Lenders, Banks, Insurers and Mortgage/Financial advisors against ordinary consumers [...]

PerTOOLS Announces a New European Reseller

Sunday, April 27th, 2008

Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they have appointed Aertia SL, the specialist Software Distributor to the Spanish and Portuguese markets, as a distributor of their products. Aertia are a Distributor with over fifteen years’ experience in providing software products such as PerTOOLS to financial [...]

Mawarid Finance acquires Al Jazeera Financial Services

Sunday, April 27th, 2008

This comes as a first-of-its-kind step for Mawarid since being launched and part of an optimistic plan to expand and acquire a number of successful companies working in complementary or parallel fields to that of Mawarid.
Al Jazeera was launched as a private equity company in Dubai in 2005 with a paid up capital of [...]

SearchMyLoan.com Announces Alliance with Strategic Information Resources

Sunday, April 27th, 2008

PORT WASHINGTON, N.Y. – SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced its alliance with Springfield, Mass.-based Strategic Information Resources (SIR), a national provider of credit reports, mortgage reports and background screening services.
Through the alliance, SIR’s database of credit reports and related information fully integrates into SML’s search [...]

Diamond Glass Wins Final Approval from Bankruptcy Court for $7 Million Debtor-In-Possession Financing Facility & Continuation of an Auction Sale Process Aimed at Preserving the Business

Friday, April 25th, 2008

KINGSTON, Pa – DIAMOND GLASS announced today that in hearings this afternoon in its chapter 11 case in Wilmington, Delaware, the United States Bankruptcy Judge presiding over its case gave final approval to borrow $7 million in new debtor-in-possession financing from Guggenheim Corporate Funding LLC (as agent for the senior secured lenders, inclusive of the [...]

PerTOOLS Announce a new Asian Distributor

Thursday, April 24th, 2008

Today in London PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they have appointed Columbia CP, the Asia-based specialist software reseller as their newest Distributor. Columbia CP serves the entire Asia Region from their offices in Hong Kong, Singapore, China, Malaysia, Indonesia, Thailand, Vietnam and The Philippines. This [...]

AES Completes Acquisition of 660 MW Power Plant in the Philippines

Wednesday, April 16th, 2008

MANILA, Philippines – The AES Corporation (NYSE:AES) today announced it has completed the $930 million purchase and transfer of assets of the 660 MW (gross) Masinloc coal-fired thermal power plant located in Barangay Bula, Zambales Province, Luzon, Philippines.
“This acquisition is a key component of our strategy to invest in areas where there is a significant [...]

Liquidity Services, Inc. to Acquire UK-based Geneva Group

Friday, April 11th, 2008

WASHINGTON – Liquidity Services, Inc. (LSI), a leading online auction marketplace for wholesale, surplus and salvage assets, today announced it has agreed to acquire the Geneva Group, including Geneva Industries Ltd., Willen Trading Ltd., and Geneva Auctions Ltd. for approximately $17.0 million in cash and contingent earn-out payments worth up to an aggregate of approximately [...]

London Mortgage Broker Launches Specialist Finance for Leasehold Retail Businesses

Sunday, April 6th, 2008

Ads Property and Finance are a Financial Services Authority registered Mortgage broker and loan provider successfully proving mortgages and loans to customers in UK since 1987. Ads Property and Finance have now announced the launch of Specialist finance for leasehold retail businesses in UK. The specialist business finance includes commercial mortgages for Freehold and Leasehold [...]

eSecLending Expands Team to Support Continued Growth of Product and Client Base

Thursday, April 3rd, 2008

BOSTON – eSecLending, a leading global provider and administrator of customized securities lending programs, announced today, several recent additions to their growing London based team, with senior hires in the areas of client service, trading, and business development. eSecLending continues to experience significant growth globally, including eight new European clients since the start of 2007. [...]




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