Archive for April, 2009

FERNBACH continues to expand with substantial investment

Tuesday, April 28th, 2009

FERNBACH, a leading international provider of solutions for Multi-GAAP, Risk and Compliance and Lending, today announced they are expanding their international operations and hiring significant new staff to deal with current and anticipated growth expected from international operations. To reflect this FERNBACH is relocating their London facilities by moving to larger offices within the City [...]

David Moffett To Assist Freddie Mac as Consultant to Interim CEO

Sunday, April 26th, 2009

Freddie Mac has announced that David Moffett, former chief executive officer, will temporarily return to the company as a consultant to Interim CEO John Koskinen. In his role as a consultant, Moffett will provide advice and assistance to the interim CEO in directing the finance division and overseeing the issuance of accurate and timely financial [...]

Invoice and Asset Based Lending: An Assured Finance Option for 2009

Saturday, April 11th, 2009

For businesses, getting extra financial support at the moment is a real challenge. Traditional lenders have been tightening credit conditions for months, forcing increasing numbers of businesses to look beyond conventional funding.
Our own research, commissioned among UK accountants, identified that ABL (in the form of advances against assets) has enjoyed a 50 per cent leap [...]

Marinus Pharmaceuticals Raises $20 Million in Series B Financing

Friday, April 10th, 2009

Marinus Pharmaceuticals, Inc., a developer of drugs to treat serious neurological and psychiatric disorders, today announced the close of a $20 million Series B financing. The funding comes on the heels of the Company’s recent announcement of positive Phase 2a data for ganaxolone as an adjunctive therapy in adults with partial onset seizures. The Series [...]

Varel International Announces New Chief Financial Officer

Friday, April 10th, 2009

Varel International, the world’s largest independent drill bit company for the oil & gas and mining/industrial industries, announced the appointment of John Capasso as the company’s new Chief Financial Officer (CFO). Capasso will be responsible for all elements of global finance and Information Technology for Varel, and for Human Resources in North America.
Capasso joins Varel [...]

trac-x Trading Results in March

Tuesday, April 7th, 2009

Leipzig, 6 April 2009 – Day-Ahead trading of natural gas transport capacities on trac-x has reached a new record level in March. With a volume of 36,585 MWh/h the highest amount for any month so far since the launch of day-ahead trading in May 2008 was sold in March. Compared to the previous month, the [...]

Lancore to exhibit at Internet World & Cards Asia Exhibitions

Monday, April 6th, 2009

The payment service provider Lancore Merchant Services have announced that they will be exhibiting at two exhibitions in April. The first event taking place is the Cards Asia 2009 Exhibition at the SUNTEC International Convention & Exhibition Centre in Singapore between: 22nd – 24th April. Lancore will be based at stand E4002 for this event. [...]

Project Risk Symposium 2009 takes place in London

Monday, April 6th, 2009

SGS the worlds leading inspection, verification, testing and certification company brings together financers, sponsors, industry experts and important stakeholders to discuss about a set of perspectives on the key issues related to project risk management.
The Project Risk Symposium 2009 will be held on 17 June 2009 in the heart of the City of London, at [...]

VNG’s storage capacity successfully traded on store-x

Wednesday, April 1st, 2009

Leipzig – The three Buy-it-Now entries, which were placed on the trading platform store-x by VNG – Verbundnetz Gas AG yesterday have been successful. After only one day the offered storage capacities at VNG’s storage site Buchholz (Germany) were already sold. The three storage packages with a working gas volume of 5 million m³ each [...]

Aeolus Pharmaceuticals Completes $1.5 Million Financing

Wednesday, April 1st, 2009

Aeolus Pharmaceuticals, Inc. (OTC Bulletin Board: AOLS) announced today that it completed a $1.5 million financing with two existing institutional shareholders, both of which are affiliates of Xmark Opportunity Partners, LLC. Under the terms of the financing agreement, Aeolus received $1.5 million in gross proceeds in exchange for 5,357,143 shares of Aeolus Pharmaceuticals common stock, [...]




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