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Sharp drop in small business loans (CNN Money)
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The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of loans it approved a year earlier - a sign that fewer entrepreneurs are getting financing to start or expand their ventures.
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Business Calendar (The Sacramento Bee)
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Monday 9 a.m.-noon – SCORE presents a free pre-business orientation at Stockton Boulevard Business Information Center, 4990 Stockton Blvd. To register, call (916) 635-9085. Wednesday 9-11:30 a.m. – The Small Business Administration presents a free workshop called "Small Business Financing" at Del Paso Business Information Center, 925 Del Paso Blvd. To register, call (916) 263-3800 or ...
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Ballard Confirms Financing (Fuel Cell Today)
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On 31 December, 2008, Ballard Power Systems Inc. confirmed that the previously announced transaction with Superior Plus Income Fund to reorganize the Company's business, resulting in a non-dilutive financing with net cash proceeds of approximately C$41 million (US$33 million), has closed and will take effect at 11:59 p.m.
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Universal sells Rogue to financing partner (AP via Yahoo! News)
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Universal Pictures, a division of General Electric Co., has sold horror and thriller film label Rogue Pictures to its longtime financing partner Relativity Media LLC.
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Universal sells Rogue to financing partner (San Francisco Chronicle)
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Universal Pictures, a division of General Electric Co., has sold horror and thriller film label Rogue Pictures to its longtime financing partner Relativity Media LLC. NBC Universal spokeswoman Kori Bernards on Sunday confirmed the deal was closed shortly...
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Biotechnology Could Lose 100 Public Companies in 2009 (Update1) (Bloomberg)
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Companies that can’t access venture capital and other forms of financing will be forced to merge or be acquired, quit business or put their drug development programs on hold, Burrill, a life sciences investment bank in San Francisco, said today in its annual “state of the industry” report.
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The Canadian Press Business News Budget, Monday, Jan. 5, 2008@ (INO News)
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BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 6:30 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or David Paddon at 416-507-2149 or Craig Wong at 613-231-8631.
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HL:Business staffing plans for Monday, Jan. 5, 2009@ (INO News)
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BUSINESS EDITORS:@ Here are Canadian Press Business staffing plans as of 4 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or David Paddon at 416-507-2149 or Craig Wong at 613-231-8631.
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Los Angeles-area small-business lender receives cash infusion (Los Angeles Times)
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Valley Economic Development Center gets $15 million from the city of Los Angeles and $1 million from Merrill Lynch to bolster nearly drained loan funds. After nearly running out of money in its small-business loan funds last month, Valley Economic Development Center Inc. of Van Nuys says it is getting $16 million to enable it to continue to lend to Southern California firms caught in the ...
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The Canadian Press Business News Budget, Monday, Jan. 5, 2008@ (INO News)
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BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 3 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or David Paddon at 416-507-2149 or Craig Wong at 613-231-8631.
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