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December 6, 2012
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Daily news for the equipment finance sector

  Industry News 
  • Some companies borrow to pay for sought-after dividends
    Shareholders are pushing companies to issue dividends, or even special dividends, before 2012 closes because of concern that Washington will increase taxes on dividends to avert the "fiscal cliff." And some companies -- Costco Wholesale and HCA Holdings -- are even taking on debt to make the payments. For some, it's worth it since interest rates are low and investors are desperate for more securities. MarketWatch (12/5) LinkedInFacebookTwitterEmail this Story
  Market Trends 
  Government & Regulatory 
  • Warren likely would focus on Dodd-Frank on Senate panel
    Sen.-elect Elizabeth Warren, D-Mass., expected to join the Senate banking committee, likely would use her seat to oversee implementation of the Dodd-Frank Act, analysts and Washington observers say. She probably would press regulators to adopt tough rules for banks, based on Dodd-Frank, and fight efforts to repeal parts of the law, they say. MarketWatch (12/5), Bank Credit News (12/5) LinkedInFacebookTwitterEmail this Story
  • Some House Republicans back higher tax rate for wealthy
    President Barack Obama's call for increasing the tax rate for 2% of America's wealthiest is drawing some support from House Republicans. They urge House Speaker John Boehner, R-Ohio, to accept the increase in return for new limits on federal retirement and health care programs. "I and some others are advocating giving the president what he wants," said Rep. Steven LaTourette, R-Ohio. The Washington Post (12/5), Reuters (12/6), The Hill (12/5) LinkedInFacebookTwitterEmail this Story
  • 3 high-ranking officials resign from SEC
    Following the lead of Securities and Exchange Commission Chairman Mary Schapiro, who is set to depart Dec. 14, three top officials announced their resignation. Division heads Meredith Cross and Robert Cook plan to return to the private sector at year-end. General Counsel Mark Cahn will leave after a "transitional period." The Washington Post (12/5) LinkedInFacebookTwitterEmail this Story
  ELFA Member News 
  ELFA News 
  • Make the connection: Become an exhibitor at the 2013 Equipment Management Conference
    The ELFA Equipment Management Conference & Exhibition, scheduled Feb. 24 to 26 at the Grand Hyatt Tampa Bay, is the most important event for asset managers, remarketers and providers of myriad asset-management services. Attendees consider the exhibit a major reason for attending the conference and indicate that major challenges include remarketing off-lease equipment and maximizing equipment value.

    The exhibit provides access to everyone under one roof: appraisers, remarketers and auctioneers. It includes more than six hours of official exhibit time. See the exhibitor prospectus, which includes all information you need to know about becoming an exhibitor at this conference.

    Contact Steve Wafalosky at stevew@larichadv.com or (440) 247-1060 to learn more about exhibiting at this event. See you in sunny Florida! LinkedInFacebookTwitterEmail this Story
  • Introducing Equipment Finance Advantage, ELFA's end-user website
    ELFA has launched a website, Equipment Finance Advantage, to educate businesses about the many benefits of equipment leasing and finance. The website is a one-stop resource with comprehensive information to help existing and potential end users of equipment financing make the best decisions. The site includes how-to articles, question-and-answer sessions and a series of short videos on topics including maximizing cash flow, staying ahead of the curve and end-of-lease factors to consider. The site also features a directory of ELFA member equipment-leasing and -finance companies. ELFA members are encouraged to leverage information on the site to help customers learn about the benefits of equipment finance. To learn more or to contribute content to the site, contact Amy Vogt at avogt@elfaonline.org. LinkedInFacebookTwitterEmail this Story
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American psychologist and philosopher


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