Mortgage Blog
Note to Elon: Tesla isn’t the only company targeted by short sellers. Here’s who tops the list.
Elon Musk took some obvious — and not so obvious — swipes at investors betting against Tesla Inc. this week by disclosing his hope to take the carmaker private at a significant premium to its current stock price. His neighbors in Silicon Valley might want to pay attention.
As of Aug. 7, Tesla (Nasdaq: TSLA) ranked as the country's top target for so-called short sellers, or investors whose bets stand to make money if a company's share price declines. The short positions affected approximately…
Equidate’s new CEO buzzing over Tesla CEO Elon Musk’s ‘go-private’ tweet
The new CEO of private company stock market Equidate already has a full plate, with plans to double the company's workforce, add new products and expand globally. Then Elon Musk tweeted.
All about AI: How artificial intelligence is reshaping the accounting profession
AI is a hot topic in the accounting profession. Experts say it will change the industry by making decisions that humans once made and performing tasks that humans once performed.
Nationwide lands $395M retirement plan contract
Nationwide has landed a contract to be retirement plan provider for the city of Baltimore, bringing $395 million in assets under management.
The city's municipal government signed a five-year contract with Columbus-based Nationwide as exclusive provider for 457(b) and 401(a) retirement savings plans for city employees and their families, which includes 11,379 participants.
“After a competitive search process, we selected Nationwide as our plan provider based on its lower administrative costs…
Five things you need to know today, and what’s behind door No. 2
Good morning, Boston. I'm heading over to the TD Garden this morning to moderate our BBJ Business of Sports panel. Got a question for the bosses of Boston sports teams? Tweet 'em to me, and include the hashtag #BBJSportsBiz, I'll try to include them. Here are five things you need to know in Boston business news to help start your busy Thursday:
MBTA's Alewife garage closes one-fifth of its spaces due to falling concrete
About 500 out of the 2,500 parking spaces at the MBTA's Alewife parking garage…
South State president on what’s next for the bank in Charlotte
At more than $14 billion in assets following last year's acquisition of what had been Charlotte's largest community bank, South State Corp. (NASDAQ: SSB) is poised for growth and looking to solidify a presence in the Queen City.
Ask the accountant: Are you missing the signs that it’s time for change?
Today’s Ask the accountant questions are:
Should I restructure my business to benefit from the new tax cuts?
Is the cash method of accounting better?
Do I need a new auditor?
Corporate tax rate cuts do look appealing. But, you have to decide if the new tax rate is worth the other considerations of becoming a C corp.
Some business owners opt for a pass-through structure – a special tax status that eliminates double taxation issues related to business and personal taxes by choosing a structure…
Lindner: American Financial targeting acquisitions this year
American Financial Group Inc. co-CEO Carl Lindner III says he’s hopeful the company will be able to use its excess capital to complete an acquisition or two before the end of the year.
“I think we always see a pretty good pipeline, and this year is no exception,” Lindner said last week while answering an analyst’s question about the acquisition environment. “I think we’re getting some good opportunities to look at, so hopefully we’ll be able to bring something over the finish line.…
Why a small North Shore bank jumped into international finance
“When I came in, I really felt we needed to focus much more, and we needed to get away from commoditized products and services,” Provident President and CEO Dave Mansfield said.
NEWSMAKER: Why Fifth Third is adding branches in Charlotte and Raleigh markets
CBJ sat down with Lee Fite, Charlotte market president at Fifth Third, to discuss the bank’s plans here and why North Carolina is a prime target for growth.