Quantcast
Home / News / Financial Services (page 21)

Financial Services

AEHI executives take leave until court rules

Two executives have taken a leave of absence from Alternate Energy Holdings Inc. while a court considers allegations of investor fraud against the company trying to build a $10 billion nuclear power plant. CEO Don Gillispie and Vice President Jennifer ...

Read More »

SEC suspends trades of Alternate Energy securities

The Securities and Exchange Commission has temporarily suspended trading of securities of Alternative Energy Holdings, Inc., an Idaho company that wants to build a nuclear reactor. The federal securities regulator took the steps in part due to questions it has ...

Read More »

Green ventures don’t get better bank terms

Being sustainable and “green” did not help North End Organic Nursery when owners sought start-up construction financing a year ago. “Everything we’ve gotten has been based on good old-fashioned credit,” said Lindsay Schramm, who owns the north Boise business with ...

Read More »

Wells to pay Citi $100M to settle Wachovia lawsuit

Wells Fargo & Co. has agreed to pay $100 million to Citigroup Inc. to settle a dispute related to its acquisition of Wachovia Corp. in October 2008, at the height of the financial crisis. Wachovia was teetering on the brink ...

Read More »

SBA loan volume holds up after September spike (access required)

After a September surge in U.S. Small Business Administration loan volume, officials in SBA’s Boise district did not know what to expect in October, spokesman Larry Demirelli said. “The spike in September was the direct result of the funding of ...

Read More »

Cascade Bancorp works out deal to raise $177M

Cascade Bancorp wrapped up a deal with a group of investors that will bring in $177 million, a move that should halt the company’s capital problems. The Bend, Ore., bank holding company, parent of Bank of the Cascades, finalized agreements ...

Read More »

Home Federal ends fiscal year with $4.1M loss

Home Federal Bancorp Inc. nearly doubled in size in 2010 but closed out the fiscal year with a $4.1 million loss, or 26 cents per share. That compares to a profit last year of $8.1 million, or 51 cents per ...

Read More »

Intermountain Community Bancorp posts $24.7M loss (access required)

Intermountain Community Bancorp’s losses ballooned in the third quarter. The Sandpoint-based holding company, parent of Panhandle State Bank, reported a $24.7 million loss, or $2.95 per share, for the quarter that ended Sept. 30. That’s up from $2.9 million, or ...

Read More »