Archive for March, 2010

USEC Inc. Statement (Business Wire)

Friday 12 March 2010 @ 8:01 am

BETHESDA, Md.----The Supplemental Appropriations Act of 2009, which the President signed into law today, removes an impediment to USEC receiving a loan guarantee from the U.S. Department of Energy.

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LBC Credit Partners Provides Hirschfeld Holdings Junior Capital to Support its Growth Initiatives (PR Newswire)

Friday 12 March 2010 @ 8:01 am

LBC Credit Partners provided a $25 million junior secured term loan to Hirschfeld Holdings, to support growth initiatives and provide a dividend to the equity holders.

Comments (0) | Posted in Venture Capital

Northrop Grumman Recommends Siemens CNC Technologies for Use By Its F-35 Supply Chain (PR Newswire)

Friday 12 March 2010 @ 8:01 am

Siemens Energy & Automation, Inc. announced today that after extensive testing and evaluation, Northrop Grumman Corporation Aerospace Systems is strongly encouraging its supply chain to explore the use of Siemens Sinumerik 840D solution line CNC and Sinumerik Volumetric Compensation System to achieve high-tolerance machined parts for the F-35 Joint Strike Fighter program.

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State Farm Invests in American Dream for Latino Families (Business Wire)

Friday 12 March 2010 @ 8:01 am

BLOOMINGTON, Ill.----Building on the success of the 2008 Ya Es Hora citizenship and voter engagement campaign, the National Association of Latino Elected and Appointed Officials Educational Fund and State Farm have pledged to continue their efforts to empower Latinos to become full participants in American life through increased civic engagement and educational opportunities.

Comments (0) | Posted in Venture Capital

GE Capital Launches Distribution Finance Program for Fujitsu America through Leading US Distributors D&H, Tech Data and Synnex (Business Wire)

Friday 12 March 2010 @ 8:01 am

HOFFMAN ESTATES, Ill.----GE Capital, Commercial Distribution Finance today announced the launch of extended distribution financing programs available for resellers who source their Fujitsu America branded products through D&H, Tech Data or Synnex.

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Lack Of VC Funding Has Biotechs Ailing (Investor’s Business Daily)

Friday 12 March 2010 @ 8:01 am

While U.S. lawmakers mull health care reform in the nation's capital, another important question is nagging at various biotech capitals from coast...

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Former Monster Worldwide Executives Launch ClickFuel with $2.5 Million Series A Financing (Business Wire)

Friday 12 March 2010 @ 8:01 am

BOSTON----ClickFuel Inc., a Boston-based provider of Internet marketing services to small and mid-sized businesses , announced today it has raised $2.5 million in a Series A financing, led by Baird Venture Partners.

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Getty Images Announces Stephen Ferry and Karen Kasmauski as Winners of Inaugural Grants for Good (Business Wire)

Friday 12 March 2010 @ 8:01 am

NEW YORK & LONDON----Getty Images is proud to announce Stephen Ferry and Karen Kasmauski as the first recipients of its Grants for Good. Each photographer will be awarded $15,000 to develop compelling new imagery that will strengthen the communications and elevate the awareness of a non-profit they support.

Comments (0) | Posted in Venture Capital

Toys”R”Us, Inc. Announces Offering by a Property Subsidiary of Senior Notes Due 2017 (Business Wire)

Friday 12 March 2010 @ 8:01 am

WAYNE, N.J.----Toys"R"Us, Inc. announced today that one of its wholly-owned subsidiaries TRU 2005 RE Holding Co. I, LLC, which will be renamed Toys"R"Us Property Company I, LLC , intends to offer, subject to market and other conditions, $950 million aggregate principal amount of senior unsecured notes due 2017.

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Yayi International, a Leading Goat Milk Producer And Distributor In China, Raises US$15 Million From SAIF Partners III L.P. (PR Newswire)

Friday 12 March 2010 @ 8:01 am

Yayi International Incorporation , , a leading producer and distributor of premium goat milk formula products for infants, toddlers, and adults throughout the People's Republic of China , today announced that it has successfully closed a private placement transaction with SAIF Partners III L.P. , pursuant to which the Company has received US$15 million investment from SAIF.

Comments (0) | Posted in Venture Capital