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Mortgage Blog


Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016's corresponding…

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016's corresponding…

The de novo community bank planned for Monroe now has a name — American Bank & Trust.

In February, a group of 12 business leaders from Union County announced its plans to open a de novo bank in Monroe. De novo refers to a newly chartered bank formed from scratch. The group, led by True Homes USA CEO David Cuthbertson and former banking executive Randy Helton, then named longtime banker W.R. “Randy” Adcock as the institution’s president and CEO in March.

The American Bank & Trust name is…

Bryan Jordan, CEO of Tennessee’s First Horizon National Corp., the parent of both Capital Bank and First Tennessee, is passionate about banks, which he says “represent the circulatory system of the economy.”

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016's corresponding…

Jay Plueger, senior vice president of strategic initiatives and corporate development at AvidXchange Inc., is stepping down as of May 31 to pursue other opportunities.

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016's corresponding…

Hispanic owners of small businesses across the country were generally more bullish about their companies' growth than small business owners overall, according to a survey conducted by GfK Public Affairs and Corporate Communications on behalf of Bank of America Corp.

The organization surveyed more than 1,000 owners of companies with less than $5 million in revenue and fewer than 100 employees. Nearly 400 of them self-identified as Hispanic, with many saying Spanish was their primary language.

About…

Deepen Parikh knew he struck gold early in the first year of Courtside Ventures’ existence when his parents kept reminding him: “You’re so lucky to work in the field you’ve been in love with all your life.”

Parikh, along with powerful backers in Cleveland Cavaliers owner Dan Gilbert, George Pyne’s Bruin Sports Capital and British advertising company WPP, has helped the venture capital fund in just two years become a selective yet big-betting firm helping several well-known entities take…

Sister Nora Nash is director of corporate responsibility for the Sisters of St. Francis, an order of about 400 Roman Catholic nuns. She spends much of her time coaxing conglomerates to behave in a more ethical manner.