More info… Oxford Finance Corporation, a subsidiary of Sumitomo Corporation, today announced that it was the lead lender for a $30 million credit facility provided to Cadence Pharmaceuticals. Silicon Valley Bank and GE Financial Services, Inc. also participated in the loan agreement. This infusion of capital will support the company’s potential launch of their investigational product candidate, OFIRMEV …
More info… Russia’s Finance Ministry has proposed selling stakes in state companies to raise money for the state coffers, the RIA Novosti news agency reported Monday.
NEWMAN - A new finance director is on board at Newman City Hall. Lewis Humphries joined the city staff in mid-June, coming to Newman after working in municipal finance for the city of Patterson for two years.
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More info… On July 12, Heights Finance welcomed a new chief financial officer, Robert “Bob” Ferlmann. Ferlmann has been a certified public accountant since 1987 and brings many years of leadership experience with him to Heights Finance, which has offices in Streator
More info… Kuwait Finance House said second- quarter profit rose to 40 million dinars from 33 million dinars a year earlier. The bank made the announcement in a statement to the Kuwait bourse today.