What’s Going on in Finance Today…
Apartment and condominium construction is on the rise by 4.9%, as is the cost. An overall 0.6% spend increase in September puts construction spending at its highest mark in seven years. Does this mean the economy is getting better? Scroll for the answers in the link or get them here.
If you or your executives are looking to raise capital online, you’ll want to read this. Since the JOBS act became in 2012, opening a wide range of capital-raising choices for small business owners and entrepreneurs. Sift through the details to see what’s best for your business. Scroll to the link for the facts you need or get going now.
CFO.com has the financial insights executives need, find them in the CFO roundup…
SEC Opens Crowdfunding to Small Investors
The commission approved the final rules of Title III of the JOBS Act, extending equity crowdfunding to those of modest wealth.
Credit Unions: Winning Converts
A venerable form of banking comes back into fashion.
Visa Agrees to Buy Visa Europe for $23.4B
The deal will create a windfall for the banks and other entities that now own Visa Europe, with U.K. banks alone expected to pocket $1.4 billion.
JOBS Act Rules Could Spawn Headaches as Well as Capital
Finance chiefs wanting to raise capital online face a plethora of choices and challenges.
Shire to Buy Rival Drug Maker Dyax for $5.9B
the deal gives the acquisitive Irish company access to an experimental drug that competes with its own treatment for a rare disease.
Big Banks Face $120B Shortfall Under Fed Rule
The Fed’s proposed rule on big banks’ “total loss absorbing capacity” is part of a new regime designed to avert a “too big to fail” scenario.
Endurance Buys Constant Contact for $1.1B
Online services provider Endurance International is seeking to bolster its offerings to small businesses but its stock slid 23% on news of the deal.
Construction Spending Rises to 7-Year High
The 0.6% increase overall spending in September was fueled by a 4.9% jump in construction of apartments and condominiums.
For more financial insights be sure to check out the CFO Whitepaper library.
[contextly_auto_sidebar id=”B3kneZFzJl2cvaq202Qxcwj25y64jWcA”]
