Reading this on a mobile device? Try our optimized mobile version here:

January 8, 2013
Sign upForwardArchiveAdvertise
Daily news for the equipment finance sector

  Industry News 
  • Aircraft-financing industry will undergo shift, PwC says
    Tougher policies by export-credit agencies will have a ripple effect on the airline industry, according to PricewaterhouseCoopers. Airlines will face increased finance costs. That plus tightening of funds will affect manufacturers. Meanwhile, alternative funding channels are expected to speed up development. Reuters (1/7) LinkedInFacebookTwitterEmail this Story
  • John Deere expands 2 plants in N.D. to cater to growing demand
    John Deere is expanding production capacity at two facilities in North Dakota to address growing demand. The firm invested $22 million to build a 90,000-square-foot building at its site in Fargo, N.D., which will consolidate the production of electrical systems for John Deere equipment. A $20 million in Valley City, N.D., is expected to add 33% more space for the production of tillage and air seeding equipment. Prairie Business (Grand Forks, N.D.) (1/4) LinkedInFacebookTwitterEmail this Story
  Market Trends 
  • Traders expect ECB to hold interest rates
    Market participants don't expect the European Central Bank to reduce interest rates this month, but they remain aware that cuts could come farther down the road. Traders' expectations have been tempered after being burned in December. "After the last meeting, we saw the market positioning themselves for one more rate cut into January," said Elwin de Groot, market economist at Rabobank. "Since then, the market has come away from this view, and now it is not so strongly positioned anymore for a near-term cut." Reuters (1/7) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • SEC and CFTC might ease margin requirements for CDS
    The Securities and Exchange Commission has issued a draft rule that would allow swaps traders to reduce collateral for credit default swaps via portfolio margining, and the Commodity Futures Trading Commission might follow suit. The SEC says the rule, issued for comment in December, could "alleviate excessive margin calls, improve cash flows and liquidity and reduce volatility." Bloomberg (1/8) LinkedInFacebookTwitterEmail this Story
  • Corporate borrowing could benefit from Basel Committee measure
    The Basel Committee on Banking Supervision has eased a proposed rule on banks' liquidity buffers, possibly boosting corporate borrowing. The original measure would have made some kinds of credit lines more expensive to keep on the balance sheet. The committee also increased the kinds of assets that can be held against credit lines. (1/7) LinkedInFacebookTwitterEmail this Story
  ELFA Member News 
  • ELFA mourns death of former chairman Neumann
    Dennis Neumann, CEO of BNY Capital Funding and a longtime member of the ELFA community, has died. Neumann served as ELFA's chairman in 2004 and 2005 and chaired the Large Ticket Business Council Steering Committee and ELFA Business Services, a former for-profit subsidiary. Read more. LinkedInFacebookTwitterEmail this Story
  ELFA News 
  • Exhibition and sponsorship opportunities are available for ELFA's Equipment Management Conference, but they're going fast!
    The 2013 ELFA Equipment Management Conference & Exhibition, scheduled Feb. 24 to 26 at the Grand Hyatt Tampa Bay in Tampa, Fla., will strengthen your brand with customers and be more credible with potential ones. Don't miss this opportunity!

    As of Jan. 4, these companies have agreed to exhibit at this conference.
    • Action Machinery
    • Alternative Collection Solutions
    • Asset Liquidity International
    • Asset Recovery Specialists
    • AuctionTime
    • Belmont Technology
    • Centurion Service
    • Coldiron Cos.
    • EquipmentEngine Financial Services
    • Equipment Placement Services
    • Hunter Warfield
    • IronPlanet
    • Irontrax
    • LifeSpan Technology Recycling
    • Liquidity Services
    • Mac of All Trades
    • Optim Technologies
    • Perfection Machinery Sales
    • RCI Wholesale Copiers
    • Ritchie Bros. Auctioneers
    • Ross International
    • RTR Services
    • Taylor & Martin
    • Wulff Enterprises

    ELFA wishes to thank these companies for helping to increase the value of this conference. Sponsorship opportunities are still available: View the list.

    See the agenda and register. Important: Make a hotel reservation before Feb. 1. Go online or call the hotel at (813) 874-1234 or 1-800-233-1234. Provide arrival and departure dates and mention "ELFA Equipment Management Conference" to get the ELFA group rate.

    To obtain information on how to become an exhibitor or a sponsor, contact Steve Wafalosky at (440) 247-1060 or LinkedInFacebookTwitterEmail this Story
Learn more about ELFA ->ELFA Home | Events and Training | Research | Store | Twitter | Facebook

It is wise to keep in mind that neither success nor failure is ever final."
--Roger Babson,
American entrepreneur and business theorist

LinkedInFacebookTwitterEmail this Story

Subscriber Tools
Print friendly format | Web version | Search past news | Archive | Privacy policy

Account Director:  Alexandra Varipapa (302) 242-2055
A powerful website for SmartBrief readers including:
 Recent ELFA SmartBrief Issues:   Lead Editor:  Tom Anderson
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2013 SmartBrief, Inc.® Legal Information