Monthly Archives: October 2022

Understand the reporting impact of restrictive covenants

Columnists Understand the reporting impact of restrictive covenants Monday, October 31, 2022 Financial institutions often include borrowing covenants in their loan agreements. PICTURES | SHUTTER Organizations usually enter into loan agreements when they borrow from financial institutions. Financial institutions often include borrowing covenants in their loan agreements. In summary, covenants are predefined conditions to be met by the borrower in ...

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Salisbury Bancorp, Inc. (NASDAQ:SAL) Sees Significant Increase in Short-Term Interest

Salisbury Bancorp, Inc. (NASDAQ:SAL – Get Rating) was the target of a significant increase in short interest during the month of October. As of October 15, there was short interest totaling 13,800 shares, an increase of 14.0% from the total of 12,100 shares as of September 30. Based on an average daily volume of 5,500 shares, the short interest ratio ...

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Does closing a bank account affect your credit?

(NerdWallet) – Ready to close a bank account, but worried about losing your credit score? Do not be. By taking a few simple steps and adopting good banking habits, you can prevent your credit from being affected by a bank account closure. Here’s what you need to know. Generally, closing a bank account does not affect your credit Simply closing ...

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CAT Corporate Strategic Funding Update

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. VANCOUVER, BC /ACCESSWIRE/October 28, 2022/ CAT Strategic Metals Corporation (CSE: CAT, OTC PINK: CATTF, FRA: 8CH) (“CAT“or the”Company“) announces its intention to complete a non-brokered private placement through the issuance of 20,000,000 units at a price of $0.03 per unit (the ...

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Congo’s indigenous rights bill stalled – Democratic Republic of the Congo

Legislation to end discrimination and uphold rights awaits president’s signature Four months ago, the Democratic Republic of Congo parliament has sent a bill to protect the rights of indigenous peoples to President Félix Tshisekedi for his signature. But he has not yet signed the bill. The delay has indigenous communities and activists wondering what is holding Tshisekedi back. The Congo ...

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Report: Inter Milan have verbal agreement to extend Romelu Lukaku’s loan deal

The Romelu Lukaku train at Chelsea seems to have sailed through, and it doesn’t look like the Belgian will be returning to the club anytime soon. Lukaku is currently on a season-long loan at Inter Milan but reports suggest the Italian club are keen to extend. Lukaku’s long-awaited return to Chelsea did not go as planned at all, and he ...

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Wedbush weighs on First Foundation Inc.’s earnings for fiscal 2022 (NASDAQ:FFWM)

First Foundation Inc. (NASDAQ:FFWM – Get Rating) – Wedbush investment analysts cut their fiscal 2022 EPS estimates for First Foundation shares in a research report released Wednesday, October 26. Wedbush analyst D. Chiaverini now expects the bank to earn $2.02 a share for the year, down from his previous estimate of $2.05. First Foundation’s current annual earnings consensus estimate is ...

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Hanmi Bank and HoneyBee offer a new tool for the

LOS ANGELES, Oct. 26, 2022 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”)the holding company of Hanmi Bank, today announced its partnership with Bee propose a new Current account choice designed to meet the needs of unbanked and underbanked communities. HoneyBee customers, who do not have a checking account, will have the option of opening a Choice checking account ...

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Insmed raises $775 million

Biotech company Insmed has entered into three strategic financing deals, increasing the overall growth… Biotech company Insmed closed three strategic financing deals, generating total gross proceeds of $775 million. The deals consist of a five-year, $350 million secured loan from fund manager Pharmakon Advisors and a $150 million royalty financing facility from healthcare investor OrbiMed, both of which were closed ...

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GovCon expert Dana Barnes discusses the history and evolution of cybersecurity

Dana BarnesPresident of the Government with dataminr and an influential member of Executive mosaic Expert GovCon program, recently participated as a guest on SecurePod, a weekly podcast from SecurityToday to discuss the evolution of how data software benefits businesses in the federal marketplace. Twice recipient of the prestigious Wash100 Price also explored the company’s history and how Dataminr’s innovative platform ...

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NFTs can be considered property, according to the rules of the High Court of Singapore

SINGAPORE — The High Court of Singapore has ruled that non-fungible tokens (NFTs) can be considered property, in its first written judgment on a case involving an NFT. NFTs are tokens that exist on decentralized digital ledgers called blockchains. They can be used to represent underlying assets, which can be digital or physical, such as works of art, videos and ...

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Hutchinson Regional Healthcare appoints new Direct Foundation

native of Hutchinson Jessica Lin was named director of the Hutchinson Regional Medical Foundation, a multi-million dollar fund established shortly after the hospital opened in 1975. With the arrival of Flax, the position will change from part-time to full-time. In his role, Flax will lead fundraising initiatives based on the foundation’s long-term and short-term strategic goals. A 2005 graduate of ...

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Yes, you can earn 7.5% on a checking account right now – and here’s the problem

Some checking and savings accounts now pay significantly more. Getty Images/iStockphoto When you see a rate like 7.5% – on a checking account no less – you might think: that can’t be, can it? Well, it’s possible, but there’s a big catch (sigh). (Although there is at least a silver lining: a number of savings accounts now pay more than ...

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Ares Capital: Every drop is a solid buying opportunity (ARCC)

Oatawa As economic risks mount and the United States potentially stands on the brink of a deeper recession, Ares Capital (NASDAQ: ARCC) is one of the best business development companies high-quality, dividend-seeking income investors can buy right now, in my opinion. In addition to Ares Capital covering its dividend with net investment income, BDC has special dividend potential, and the ...

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Shaheen helps lead a bipartisan, bicameral bill to support farmers affected by PFAS

October 21, 2022 (Washington, DC) – In a bipartisan, bicameral effort to provide lifesaving assistance to farmers affected by exposure to per- and polyfluoroalkyl substances (PFAS), U.S. Senator Jeanne Shaheen (D-NH) has joined U.S. Senators Susan Collins (R-ME) and Angus King (I-ME) to present the Relief for farmers affected by the PFAS Act. US Representatives Chellie Pingree (ME-01) and Jared ...

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Boardriders Minority Lenders Notch Initial Victory Disputing Top Tier Transactions – Insolvency / Bankruptcy

October 21, 2022 Shearman & Sterling LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On October 17, 2022, New York Supreme Court Justice Andrea Masley issued a decision and order denying all motions to dismiss claims filed by Boardriders, Oaktree Capital (a shareholder, term lender and “sponsor”) under ...

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Regional Management Corp. completes $200 million asset-backed securitization

GREENVILLE, SC–(BUSINESS WIRE)–Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced that it has completed a $200 million asset-backed securitization, its ninth securitization. The securitization has a 2-year renewable term, and the Class A Notes have been given an “AAA” rating by Standard & Poor’s Ratings Services (S&P), the first time a senior note class in a ...

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7 apps like Earnin for cash advances

PixelEffect / iStock.com The Earnin app is a great option when you’re low on cash between paychecks and need a boost. Earnin is great because it has no subscription fees or hidden charges. The problem is, you can’t borrow more than $100 a day, which may not be enough to cover your current shortfall. The following apps like Earnin can ...

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Bill Gross has a problem with today’s ‘total return’ bond funds: ‘They should all change their names’ – iShares 0-5 Year TIPS Bond ETF (ARCA:STIP)

Former “Bond King” Gross invoicewho popularized the “Total Return” strategy in the 1980s, has criticized current proponents of the approach, saying nearly all of these funds have become quasi-“index funds” in the past five years. Gross, the co-founder of PIMCOsaid that some of these “Total Return” funds are actively managed with the ability to drop in term to maturity, but ...

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Oh my gourd! People pay 14.1% more on average for pumpkin products and what you need to know about applying for student loan forgiveness as millions apply

By Andrew Keshner Tuesday’s best personal finance stories Hi, MarketWatchers. Don’t miss these top stories. Oh my gourd! People pay 14.1% more on average for pumpkin and spice products. Some retailers are pushing the pumpkin spice markup to the upper limits. Trader Joe’s charges 161.1% more for Pumpkin Spiced Pretzels compared to the traditional variety. Read more Thousands more pets ...

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Business Spotlight 2022: Coxsackie National Bank introduces new payout to help small businesses – Spotlight News – The home of The Spot 518

GLENMONT— The Spotlight recently met a new face at the Bank, Jennifer Vollor Question: Jennifer, can you tell us a bit about yourself and your role at National Bank of Coxsackie? I have been in the bank for 10 years. Work first with Citizens Bank, then make the switch to a Sidney Federal Credit Union. I am 25 years old ...

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Realworld app claims to simplify adulthood, not just for young people

I’m struggling here to determine if this new app represents a great use of technology, a grim sign of the state of the world, or just a generational divide. Launched in 2021, the iPhone-only Realworld app claims to “Making Adulthood Simplify”, which makes me laugh because of course, adulthood is anything but simple! The app’s backstory explains that its founder, ...

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Surmodics announces new credit facilities offering up to $125 million in financing

EDEN PRAIRIE, Minnesota, October 17, 2022–(BUSINESS WIRE)–Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical devices and in vitro diagnostic technologies for the healthcare industry, today announced that it has entered into a new five-year credit agreement with MidCap Financial (“MidCap”), including up to $100 million in term loans and a $25 million revolving credit facility. “We are pleased to ...

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The race for national party status

Several political parties in Nepal are struggling to retain their national party status while others are struggling to secure this status after next month’s elections. Parties that failed to become national parties in the 2017 general elections despite winning at least one seat in the First Past the Post (SMU) are trying to attract more voters in order to obtain ...

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BayCom Corp (NASDAQ:BCML) Short Interest Down 17.5% in September

BayCom Corp (NASDAQ:BCML – Get Rating) was the target of a sharp drop in short interest during the month of September. As of September 30, there was short interest totaling 167,900 shares, down 17.5% from the total of 203,500 shares as of September 15. Based on an average trading volume of 53,900 shares, the day-to-cover ratio is currently 3.1 days. ...

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Chase Bank For Business Reviews 2022: Pros, Cons & Alternatives

Chase is a national bank headquartered in New York, New York. It is a subsidiary of financial services holding company JPMorgan Chase Co., which covers commercial and consumer banking services for the company. This financial institution has thousands of branches and ATMs across the United States and is used by a large majority of the population. They offer a wide ...

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CFPB sues online lender for alleged violation of Military Loans Act and UDAAP | Hudson Cook, LLP

STRONG POINTS: The lawsuit alleges the lender charged more than the 36% rate cap allowed under the Military Loans Act on loans to service members and their dependents, through interest rates and fees monthly membership. In the CFPB press release announcing the deal, Director Chopra accused the lender “of targeting military families by collecting fees and making it difficult to ...

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Synchrony launches a consumer financing tool

Synchrony has launched Allegro Credit, a point-of-sale (POS) consumer finance solution for the hearing industry. The new tool, launched through practice management platform Sycle, helps audiology providers offer financing options, such as healthcare credit cards and installment loans, according to a Thursday press release. October 13. The launch represents an extension of Synchrony’s partnership with Sycle. “Technology partnerships with leading ...

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EC man used checks he stole from two people

Oct. 13 – EAU CLAIRE – An Eau Claire man used checks he stole from two people, police say. People didn’t realize the checks were stolen until the transactions were completed, police said. Jesse J. Fairley, 33, 1820 S. Hastings Way, was charged in Eau Claire County Court this week with three counts of uttering a forgery, one count of ...

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Transactions and Financings: BMO Health arranges $88 million senior care development deal for LCS; SLIB facilitates the sales pair

Funding Ziegler, M&T Realty Partner on Active Adult ReFi Ziegler and M&T Realty Capital Corporation have announced their role as financial advisors in a $19.5 million refinancing by Fannie Mae for Essex Communities. The agreement, a 10-year fixed rate loan, will be used by Essex Communities to refinance the existing debt of its active adult community named Carmel Oaks in ...

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FBI offered Christopher Steele $1 million to prove case allegations, senior FBI analyst testifies

CNN — Shortly before the 2016 election, the FBI offered retired British spy Christopher Steele ‘up to $1 million’ to prove his dossier’s explosive allegations about Donald Trump, a senior FBI analyst testified on Tuesday. . The cash offer was made during an October 2016 overseas meeting between Steele and several senior FBI officials who were trying to corroborate Steele’s ...

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NEXTPLAY TECHNOLOGIES INC. : Entry of Material Definitive Agreement, FD Settlement Disclosure, Financial Statements and Supporting Documentation (Form 8-K)

Section 1.01 Entering into a Material Definitive Agreement Efficient October 4, 2022, NextPlay Technologies, Inc.a Nevada company (the “Company”), through its wholly owned subsidiary, NextBank International, Inc.a Porto Rico company approved as an international financial entity under Law 273-2012 (“NextBank”), has entered into a revolving line of credit with Savi Capital Partners, LLCa Delaware limited liability company (the “Lender”), under ...

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52% of Americans do most of their banking online. Here are 3 benefits of digital banking

Image source: Getty Images If you’re not yet banking online, you might want to make the switch. Key points New data reveals that large numbers of Americans have switched to online banking. If you’re used to a physical bank, these arguments speak in favor of a change. You could benefit from higher savings interest rates, easier money transfers, and knowledgeable ...

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Ukraine and Moldova set to disarm Vladimir Putin’s energy weapon

Russia might have hoped that the heating season starting October 1 would kick off with a bang to inflict more pain on Europe’s edgy energy markets. However, so far the Kremlin has had little to cheer about. News in late September that Russia’s Nord Stream gas pipelines had been sabotaged helped push up gas prices in Europe, but not for ...

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Indiana Men’s Soccer starts second half of Big Ten schedule with showdown against Rutgers

Entering the second half of its eight-game conference schedule, Indiana men’s soccer finds itself in desperate need of wins in pursuit of its 18th Big Ten regular-season title. The Hoosiers are 1-1-2 in their first four games. After opening the Big Ten roster with a road loss to Ohio State and letting Michigan State come from behind to draw, Indiana ...

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World leaders in ocean science and philanthropy come together to create first-ever ocean pavilion at UN Climate Conference

A group of the world’s leading philanthropic and ocean science organizations, led by the Woods Hole Oceanographic Institution (WHOI) and the Scripps Institution of Oceanography at the University of California, San Diego, have come together to highlight the global ocean at the upcoming 27th Conference of the Parties (COP27) in Sharm el-Sheikh, Egypt. The Ocean Pavilion in the official conference ...

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What credit score do you need?

For travel enthusiasts, the Capital One Venture Rewards credit card is a great choice if you’re looking to earn rewards on flights and hotel stays. It’s one of the best travel rewards credit cards on the market, offering plenty of opportunities to earn and redeem Capital One miles, plus a generous welcome bonus of 75,000 miles after new cardholders have ...

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Police blotter – Le Journal

Thursday September 29 4:45 a.m., a shed in the 400 block of Park Drive caught fire and was engulfed by the time two police officers arrived. One evacuated surrounding homes and the other used a fire extinguisher to put out a fence that was starting to burn. A resident turned a garden hose on the shed fire and firefighters arrived ...

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Yinson signs $720 million deal to finance Petrobras FPSO project

Malaysian FPSO operator Yinson secured a $720 million syndicated loan facility (“Facility”) for a floating production, storage and offloading (FPSO) system Maria Quiteria project in Brazil. The six-year limited recourse loan will be used to support the ongoing construction of the FPSO, which was granted by Petrobras in November 2021. The group’s Dutch subsidiary, Yinson Bergenia Production, signed the loan ...

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Find out what whales are doing with BILL – Bill.com Holdings (NYSE:BILL)

A whale with lots of money to spend has taken a distinctly bullish stance on Bill.com Holdings. Review of options history for Bill.com Holdings INVOICE we detected 16 strange trades. Looking at the specifics of each trade, it is correct to say that 62% of investors opened trades with bullish expectations and 37% with bearish expectations. Of all the transactions ...

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Wilmington Port Operator Gulftainer Missed Delaware Payments

After years of financial turmoil, the Port of Wilmington operator on Monday created a new management team made up of two corporate restructuring experts and a former member of Governor John Carney’s cabinet. The state of the port today contrasts sharply with Emirati port operator Gulftainer’s vision before resuming operations in 2018. Then Gulftainer officials said they could turn the ...

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Gold Rate in Kochi – Gold Rate in Kerala Today – Forbes Advisor INDIA

The price of gold is different across Indian states and cities. Forbes Advisor set the gold price of one and 10 grams of 24 karat and 22 karat pure gold in Kochi today at 9:33 a.m. 24k gold price in Kochi today 22 Karat Gold Price In Kochi Today Related: Gold price today in 10 cities in India. Where to ...

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Based on NFT and ACGN, NEXTYPE’s NEO FANTASY is ready for official launch after over a year of technology development and game system optimization

” The Office: We Manage One Way or Another offers players the chance to immerse themselves in iconic moments from the series and connect with their favorite characters like never before,” said Darcy Taylor , CEO of ESGG. “Fans of Office absolutely feel the nostalgia through this new game.” ” The Office: We Manage One Way or Another reimagines the ...

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Loans in case of difficulty: what is it?

Common Types of Financial Hardship Loans Although hardship loans come in a variety of forms, each can be used to cover unavoidable expenses. But remember that not all options will suit your situation. Consider the pros and cons of each to choose the best one for you. Unsecured Personal Hardship Loans An unsecured financial hardship loan is a type of ...

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Nursing home surprise: Benefit plans can shorten stays to less time than health insurance coverage

After 11 days at a skilled nursing facility in St. Paul, Minnesota, recovering from a fall, 97-year-old Paula Christopherson was told by her insurer that she needed to go home. But instead of being relieved, Christopherson and her daughter were worried because her medical team said she wasn’t well enough to leave. “It seems unethical,” said her daughter Amy Loomis, ...

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EbixCash signs a strategic partnership agreement with Al

NOIDA, India and JOHNS CREEK, Georgia, Oct. 03, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a technology provider of B2C, B2B and fintech digital products and services, today announced that its foreign exchange – EbixCash World Money, has signed a strategic partnership agreement with Al Fardan Exchange LLC, UAE for the import and export of foreign currency banknotes. The agreement was ...

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Lexin Fintech Holdings Ltd. (NASDAQ:LX) Brief Interest Update

Lexin Fintech Holdings Ltd. (NASDAQ:LX – Get Rating) saw a significant increase in short-term interest in the month of September. As of September 15, there was short interest totaling 1,660,000 shares, an increase of 16.9% from the total of 1,420,000 shares as of August 31. Based on an average daily volume of 820,400 shares, the day-to-cover ratio is currently 2.0 ...

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Edmonds Police Blotter: September 14-26, 2022

September 14 22100 block 92nd Avenue West: Owner awoke to find vehicle prowling, then followed suspect vehicle. The police intervened and investigated. 7400 block 178th Place Southwest: A woman called to report her personal information was used to open a bank account without her permission. Block 300 Main Street: A woman had dinner and rushed into a restaurant. 20400 block ...

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Musk touts Tesla going public 4 years after ‘Secure Funding’ tweet

At Tesla’s AI Day event, Elon Musk touted the benefits of Tesla being a publicly traded company. Musk appears to have changed his stance since tweeting that he was considering taking Tesla private in 2018. Part of Musk’s initial $44 billion bid to buy Twitter was funded by a huge loan against his Tesla stock. Loading Something is loading. Over ...

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