News & Videos - NEWTEKONE INC.

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...

VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global ......

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...

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NEW YORK, Nov. 22, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Newtek’s CEO and President, Barry Sloane, has been invited to present at the 9th Annual LD Micro Main Event at the Luxe Sunset Bel Air Hotel in Los Angeles, California on Wednesday, December 7, 2016 at 9:00 AM PST (12:00 PM EST), Track 1. Barry Sloane will be available for one-on-one...

NEW YORK, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (the “Company” or “Newtek”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that its board of directors approved a repurchase program (the “Program”) under which the Company may repurchase up to 200,000 shares (the “Shares”) of its common stock, which represents approximately 1.4% of the outstanding shares of common stock, par value $0.02, of the Company, as...

NEW YORK, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (the “Company” or “Newtek”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that its board of directors approved a repurchase program (the “Program”) under which the Company may repurchase up to 10%, or $832,400 in aggregate principal amount, of its 7.5% notes due 2022 (“2022 Notes”) and up to 10%, or $4,025,000 in aggregate principal amount, of its 7.0%...

NEW YORK, Nov. 16, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that its board of directors declared a fourth quarter cash dividend (1) of $0.40 per share, payable on December 30, 2016 to shareholders of record as of December 15, 2016. The payment of the fourth quarter dividend is in line with the Company’s 2016 annual dividend guidance of $1.53 per share....

NEW YORK, Nov. 15, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that it has completed its seventh and largest small business loan securitization. The securitization resulted in the issuance and sale of $43,632,000 of Class A Notes and $9,812,000 Class B Notes, rated “A” and “BBB+”, respectively, by Standard and Poor’s Financial Services LLC (the "Notes"). The Notes...

NEW YORK, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that it has acquired the talent of two senior executives. Timothy C. Ihlefeld has been hired as Executive Vice President, Strategic Alliances, and Glenn Weisberg has been hired as a Regional Vice President. Barry Sloane, Chairman, President and Chief Executive Officer of Newtek Business Services Corp. said, “We are thrilled...

Achieves Record Loan Fundings of $85.9 Million for Third Quarter Forecasts 2017 Annual Cash Dividend of $1.57 per Share NEW YORK, Nov. 02, 2016 (GLOBE NEWSWIRE) -- November 2, 2016 - Newtek Business Services Corp. (“Newtek” or the “Company”), (NASDAQ: NEWT), an internally managed business development company (“BDC”), announced today its financial results for the quarter ended September 30, 2016. Third Quarter 2016 Highlights: Net asset value (“NAV”) of $208.2 million, or $14.26...

NEW YORK, Oct. 20, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that it will report its third quarter 2016 financial results on Wednesday, November 2, 2016 at 4:10 pm ET. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Jennifer Eddelson, Executive Vice President and Chief Accounting Officer, on Thursday, November 3, 2016 at 8:30 am...