NEWTEKONE INC. overview

NEW YORK, NY / ACCESSWIRE / May 4, 2017 / NEWTEK BUSINESS SERVICES, INC. (NASDAQ: NEWT ) will be discussing their earnings results in their Q1 Earnings Call to be held May 4, 2017 at 4:15 PM Eastern Time. To listen to the event live – visit https://www.investornetwork.com/company/979 . Replay Information The replay will be available online at https://www.investornetwork.com/company/979 . About Investor Network Investor Network (IN) is a new financial content community, serving millions of...

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NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp . (“Newtek” or the “Company”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced the calculation of the dividend tax status for its dividends paid in 2016. The Company announced that approximately 53.0% of the regular quarterly cash dividends paid in 2016 will be taxed as ordinary income, 34.8% will be taxed as qualified dividends and 12.2% will be taxed as long-term...

NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) announced today that it has closed an underwritten offering of 2,587,500 shares of common stock (“Shares”) at a public offering price of $15.25 per Share. The 2,587,500 Shares includes the underwriters’ exercise of their option to purchase an additional 337,500 Shares. The current outstanding Share count at the close of this offering is 17,217,474 Shares. Keefe, Bruyette & Woods, A Stifel Company ,...

NEW YORK, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) (“Newtek”) announced today that it has priced an underwritten offering of 2,250,000 shares of common stock at a public offering price of $15.25, raising expected total gross proceeds of approximately $34.3 million. Keefe, Bruyette & Woods, A Stifel Company , Raymond James and UBS Investment Bank are acting as joint bookrunners for this offering. This offering is being made pursuant to an effective shelf...

NEW YORK, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (Nasdaq:NEWT) (“Newtek”) announced today that it plans to make a public offering of 1,500,000 shares of its common stock. Newtek also plans to grant the underwriters an option to purchase up to an additional 225,000 shares of common stock. The offering of the shares will be made under Newtek’s existing shelf registration statement, which was filed with, and declared effective by, the Securities and Exchange...

NEW YORK, Jan. 17, 2017 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (the “Company” or “Newtek”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that its subsidiary Newtek Small Business Finance, LLC (“NSBF”) signed a letter of intent to increase its existing revolving credit facility through Capital One, N.A. by $25 million to $75 million, as well as reduce the borrowing rate. The upsize of the credit facility and rate reduction...

NEW YORK, Dec. 05, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (the “Company” or “Newtek”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that Newtek's electronic payment and eCommerce solutions portfolio companies processed $4.7 million in sales for its eCommerce merchants on Black Friday 2016, which is a 12.6% increase over Black Friday 2015. Newtek’s wholly owned portfolio companies offering eCommerce solutions are Newtek...