business formation News Archive - 02-Feb-2008

Midwest Health Care Startups Raise Record $1.2 Billion in 2007 (wallstreet:online AG)
Midwest health care startups attracted a record $1.2 billion in new investments in 2007, according

California United Bank Attains Profitability in Second Full Year of Operations; Total Assets Reach $260.0 Million (Business Wire via Yahoo! Finance)
ENCINO, Calif.----California United Bank announced today that it reached profitability in only its second full year of operations. The Bank's unaudited results showed that net income for the year ended December 31, 2007 increased by $2.96 million over 2006, resulting in net earnings of $29.0 thousand for the year ended December 31, 2007.

Cleveland+ Region Attracts $318 Million in New Venture Investment in 2007 (PR Newswire via Yahoo! Finance)
Last year the NorTech Venture Capital Advisory Task Force reported in its inaugural 2006 Venture Capital Report that the region would need to generate and attract over $1.2 billion in venture capital by 2011 in order to meet the capital needs of companies located in Northeast Ohio.

California United Bank Attains Profitability in Second Full Year of Operations; Total Assets Reach $260.0 Million (Centre Daily Times)
California United Bank (OTCBB: CUNB) announced today that it reached profitability in only its second full year of operations. The Bank's unaudited results showed that net income for the year ended December 31, 2007 increased by $2.96 million over 2006, resulting in net earnings of $29.0 thousand for the year ended December 31, 2007. In addition, total assets at December 31, 2007 grew by $81.8 ...

Business digest (Wisconsin State Journal)
DOLL SALES American Girl revenue falls Mattel's American Girl dolls, books and accessories brought in $241.6 million in revenue during the fourth quarter, down 2 percent from a year ago. For all of 2007, business for American Girl, of Middleton, was $431.3 million, also down 2 percent from 2006 levels. Nicki, the "Girl of the Year" doll for 2007, had a "record performance" and American Girl ...

Secretary of State forms task force to improve business formation (Greeley Tribune)
Colorado's Secretary of State Mike Coffeman announced today a task force to review the state's rules on creating businesses, which have apparently helped bypass requirements on employers to verify employees' legal status in the country.

Better business advice could have saved IT contractor £000s (Consultant News)
Sound business advice and professional support could have saved an IT contractor £27,000 in employment taxes under IR35, according to the Professional Contractors Group (PCG).

California United Bank Attains Profitability in Second Full Year of Operations; Total Assets Reach $260.0 Million (wallstreet:online AG)
California United Bank (167786;OTCBB:CUNB) announced today that it reached profitability in only its second

Roanoke hopes to reap research rewards - roanoke.com (Roanoke Times)
A joint project between Virginia Tech and Carilion Clinic is expected to have quite an economic impact. Related Message board What would a research institute mean for the Roanoke area? Join the discussion on our message board. Photo by Justin Cook | The Roanoke Times

Unleash The Little Guys (Newsweek)
Once the land of the free, America now holds up entrepreneurs and start-ups. Four ways to fix the problem.

 

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