Capital

Quick Read: Success Story of the Bank Statement Loan Program

Success story: not from the last decade No, this is not a 2005 story. This home buying story happened quite recently, in fact. Alternative loan programs still exist, and for some home buyers they mean the difference between owning and renting. By combining diligence and creativity, owning a home can …

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11 secrets to quickly growing your business

New business owners have many goals when starting out, including rapid growth and recognition of their fledgling business. But overnight success is not often the norm: there is no specific “special sauce” to add to the recipe for instant results, and nothing is guaranteed. However, there are ways to achieve …

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Birmingham native achieves success as a Hollywood actress

Britt Rentschler first caught the virus from a cat. It seemed to look straight into his soul, Rentschler recalls. There was no turning back. “The cats walked around the theater during the opening act, and they had those eyes that were shining,” says Rentschler, recalling a performance of “Cats” that …

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Pressure from activists for splits will hurt AT&T and others

Photographer: Andrew Harrer / Bloomberg BLOOMBERG NEWS The financial engineers are starting over. Discussions of financial engineering regularly focus on building massive amounts of debt, zero-based budgeting, share buybacks, increasing dividends for investors, and cutting costs. Now the spotlight is on the fallout. It turns out that splits forced by …

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US companies turn to term loans for acquisition debt

Through Lynn adler, Loan Pricing Company NEW YORK, Jan. 25 (LPC) – Blue-chip US companies, including Bristol-Myers Squibb, are bolstering the lending element of multibillion-dollar acquisition finance, which could stretch the balance sheets of some banks. Loans are currently cheaper than bonds, prompting companies to increase A-term loans and potentially …

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