Category Archives: Business News

Humanitarian and Energy Company- Stream Energy

Stream Energy is an energy selling company, and they are known for their direct selling of energy. The direct trading of their products is distributed at a low cost and has helped them to engage in other businesses among them the sale of electricity, gas, wireless, and home products which they deliver at an affordable price. The profits that the organisation make does not only help them engage in other businesses, but they also carry an excellent course in the community which is assisting the less fortunate in the community.

The Hope Supply Company is one of the non-profit organization which has been working hand in hand with Stream Energy to realize their responsibility in the society. Together the two groups have been helping people around Dallas and Texas. Stream Energy and Hope Supply have been offering food, clothing, and shelter to the disadvantaged in the society. The company recently funded more than 1000 children to visit Waterpark in Dallas as apart of an event which was organized by Hope Supply Company. The energy supply group later established Stream Energy Cares Foundation which will now be the charity arm for Stream Energy. The company currently has the responsibility of offering quality energy services as they help the community.

Creating a philanthropic department in the organization was the best decision. As the firm delivers their services, they get to give back to the community which in return earns them respect, and loyalty of possible customers. Ever since the foundation of the Stream Care Foundation, they have been able to build a strong relationship with other organizations among them Red Cross, Habitat for Humanity, and corporate as well as employees who have been of great help when it comes to grassroots giving. Stream Energy through their charity foundation they have been helping Dallas veterans together with their families with both financial and moral support. At one point Stream Care Foundation treated the less fortunate military veterans by paying for their transport and lunch at a Texas restaurant. Stream Care did not only handle the military veterans but their children were also treated in an event organized by the charity arm of Stream Care, and it was named American Girl Doll Experience for ten daughters of the military veterans. The firm continues to deliver quality services as they help the community.

https://www.dailyforexreport.com/david-faranetta-new-cfo-for-stream-energy/

Southridge Capital Reaches Over $1.8 Billion In Investments

Since 1996, Southridge Capital has been a very rapidly growing investment banking and securities brokerage service coming from Connecticut and reaching globally via the wide and expansive reach. Nearing over 1.8 billion dollars in total investments into continually growing companies, they compose themselves of a firm relatively small in gathering. Over 250 companies have put their trust in the efforts of the Southridge as it has prioritized itself as a business that sees opportunities that many have been missed by the client by not utilizing the “Think outside the box” philosophy.

 

Those of whom have yet to completely explore every possibility in terms of getting the most efficient acquisition of gains is directly a candidate for Southridge Capital. Many of the options that can done are services like financial analysis, mergers and acquisitions, bankruptcy advice, balance sheet optimization, restructuring analysis and legal settlements. They act as a viable and thorough filter for navigating the hard numbers of getting the most financially out of all situation you are likely to encounter in the business field. Check out releasefact.com for more.

 

 

Earlier this year, Chief Executive Officer and founding principal of Southridge Capital Stephen M. Hicks had a moment to spend with the crowdsourced interview platform IdeaMensch. Hicks has a very strong background in business with a BS in Business Administration from the King’s College out of Briarcliff Manor, New York as well as MBA from New York City’s Fordham University. During the interview, Hicks mentions such news feeds like Wall Street Journal online, Quotestream and OTC markets as primary sources for information. “My typical day starts with reviewing the portfolio and making a list of items to accomplish for both myself and for my staff. I then divide my time between looking for new opportunities and making sure the existing investments are on track.”

 

Mr. Hicks was asked about what current trends seem exciting, and his response was pretty surprising. You can visit bizjournals.com for more.

 

 

“Right now it’s cryptocurrency and pot.”

 

Cryptocurrency and marijuana have been known to be somewhat pervasive in our economic world today. Cryptocurrency becoming a very prominent and real way to distribute funds around the world has created a market that also has great investment opportunities spun different cryptocurrencies globally. Marijuana has become legalized in many parts of the world and recently there is a steadily increasing boom in the market as it becomes more legalized. Expanding to these growing cultures may yield considerable results with the amount of wealth generated from the two said enterprises. Especially when a 30 year pro expresses interest in the area.

 

 

Read more: https://www.newswire.com/southridge-partners-ii-formerly/188538

 

James Dondero Supports Family Place

James Dondero is a household name in the United States. The hedge fund manager is known to many people as the president to one of the largest companies in the country, known as Highland Capital Management. The businessman founded the institution several decades ago, and he has worked hard to make the company a leader in the international market.

Not long ago, the hedge fund manager announced that his firm would be awarding one million dollars in grants to foster development in an institution known as Family Place. The organization is very popular in Dallas, and it supports family violence victims who are living in the area. The Family Place has managed to raise almost three million in a special campaign that is expected to run for six months. Read this article at barrons.com.

James Dondero made the special announcement during the popular Annual Texas Trailblazer Luncheon awards that were held recently. Dondero also said that the one million grant would be made through the Dallas Highland Foundation that specializes in donations. The grant will match fifty percent of the funds raised during the six months campaign. The foundation is the special arm of Highland Capital Management.

Although James Dondero made this announcement in October, Family Place has already managed to raise over two hundred thousand dollars to support the Legacy Campaign. Dondero and his firm have already given one hundred thousand to support the campaign so far. Family Place is looking forward to raising 17 million dollars. The charity organization has been doing well in its fund raising activities, and it has announced that it is impressed by the progress made in the recent months. With the one million dollar grant from Highland Capital Management, the institution says that it’s confident of achieving its set target. Read more about James at Crunchbase.

James Dondero and his firm have done a lot for the communities living in Dallas and its environments. As the president of the international company, Dondero says that he wants to make a positive impact on the residents of the city. Dondero has also been instrumental in the success of the firm. His expertise and skills in the financial department have assisted the company over the years.

Read: https://www.nexbank.com/james-dondero.htm

A Look Into The Contribution Of Mike Baur To Building Startups

Businesses based in various specialties experience challenges especially in the initial stages of establishment. A startup needs a lot of support from professionals who understand how to nurture an idea and someone who is skilled enough to overcome the many market forces that bar a business from progressing seamlessly. To allow startups in Switzerland to grow well, Mike Baur launched a facility that offers creative entrepreneurs a space where they can build their ideas with support from experienced individuals.

 

Mike Baur, having exited banking in 2014, launched the Swiss Startup Factory. Through this facility, many people have been getting massive support to steer their businesses and to manage their startups. His target was to help talented startups to achieve their dreams and this seems to have worked out quite well.

 

As many as 100 startups have benefitted from the incubation program that runs across three months. Mike Baur also celebrates the fact that the Swiss Startup Factory is currently the biggest incubation facility in the entire country. Impacting the lives of many entrepreneurs and bringing to the market revolutionary products is a dream that has come true within less than five years.

 

Legal and accounting support

Apart from having a perfect idea that is aligned towards growing and offering great returns, entrepreneurs have to also understand about legal and accounting requirements that they should fulfill to avoid getting into issues later while running the business. To make this process easy, Mike Baur approached several universities in the country and was offered a deal to partner with them. These partnerships availed resources and the tools needed to lead the businesses and to help manage the ideas that were presented by the entrepreneurs. Accounting and legal support has helped the startups to enter the market fully prepared.

 

Financing

Another problem many startups suffer is lack of funds to push for the development of the idea. The Swiss Startup Factory offers an opportunity to startups to get finding from successful investors, who can also offer advice regarding the management of the idea.

 

About Mike Baur

Mike Baur, born and raised in Fribourg, Switzerland, is a renowned entrepreneur in the country. He is the brain behind the creation of the Swiss Startup Factory, which is a facility devoted to offering upcoming entrepreneurs an avenue through which they can manage their ideas. He quit his job as a bank executive to join entrepreneurship and this seems like the best decision he ever made.

Todd Lubar Shows How Investments Should Go

When it comes to making a name for oneself in the Realty and investment markets, there is one person who might not be on the tip of everyone’s tongue but should definitely be counted as an up and comer. Lubar has managed to grow his company, TDL Global Ventures into a venture that is truly global, becoming one of the top-earning firms in its sector in the last few years.

TDL has long been the dream of Lubar but that isn’t the first company that he has launched and worked hard to find success. Todd Lubar first got into the real estate business in 1995 with his first firm, which was known as Crestar Mortgage Corporation.

Because he was getting in on the ground floor, Lubar had to figure out how to build relationships that could last. This means that he wasn’t able to go the Donald Trump route, where he could lean on the relationships his family forged. Instead he had to make sure that all the relationships he built were strong on their own merits.

Clearly, those relationships were plenty strong as his companies continued to have success as the years unfolded. As the years did indeed roll by, Lubar was able to grow his business success by opening Charter Funding, a subsidiary of First Magnus Financial Corporation. this has become one of the largest privately held mortgage firms in the country. In 2013, Lubar opened TDL Global Ventures, in order to take advantage of a marketplace he knew like the back of his hand after eight years in the business world.

As the 21st century continues to roll on, Lubar is making sure his business ventures continue to be among the most lucrative in the United States and the world. His most recent moves have indeed made him a global power when it comes to his slice of the business world.

Looming courtroom battle between the former Hawks ownership and AIG insurance firm.

The previous ownership group of the Atlanta Hawks NBA franchise has taken legal action against AIG. According to the previous Hawks ownership group, which includes Bruce Levenson, the lawsuit filed against the New Hampshire Insurance company alleges a violation of a contract agreement with the insurance firm concerning the settlement of claims. An official press release statement by the current Hawks ownership led by the principal owner Tony Ressler, claims that the new regime is fully aware of the lawsuit although they are not part of it. The statement further adds that the principal parties behind the lawsuit no longer have existing connections with the NBA franchise.

The legal action taken by the previous Hawks ownership was prompted by the refusal of AIG to admit receipt of a notification of claim forwarded by Danny Ferry, the previous general manager of Hawks organization, and agree to settle the covered claims. The Hawks organization had taken insurance coverage with AIG against losses pertaining to employment practices. The cover included, but not restricted to, particular acts of unlawful termination as well as workplace torts.

In regards to the claim notice, there are court materials that prove that Hawks organization notified AIG that Danny Ferry had stated claims that in Hawks’ judgment were covered. So based on the aforementioned facts, the previous Hawks ownership firmly believes that AIG had no concrete reasons to neither argue that it wasn’t given a claim notice nor refute that its insurance policy didn’t cover the claim. Although the claim is confidential as proven by, the court documents, the claim seeks to obtain a further 50 % fine for the due loss and legal fees and expenses.

According to ESPN, Bruce Levenson is the previous proprietor of the Atlanta Hawks Basketball and Entertainment LLC. He boasts of a rich educational background having earned a law degree from the American University. He is the husband to Karen and a father of three sons. Apart from business, he also takes part in philanthropic activities and helped fund the center for Philanthropy (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html) and not-for-profit leadership at the University of Maryland.

Read more on brucelevenson.com.