Counsel RB Capital Inc

Entity type image
Type: Company
Name: Counsel RB Capital Inc
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Court Clears Gulistan Carpet Maker to Auction Equipment

,Marie Beaudette,(c) 2013 Dow Jones & Company, Inc.A bankruptcy judge has cleared North Carolina carpet maker Hampton Capital Partners LLC to auction its equipment next month, with Gordon Brothers Commercial and Industrial LLC and Counsel RB Capital LLC ... [Published Dow Jones DBR Small Cap Alert - Apr 23 2013]
First reported Apr 01 2013 - Updated Apr 01 2013 - 1 reports

Counsel earns $10-million in 2012

Counsel Corp. had net income attributable to shareholders of $10.0-million, or 12 cents per basic and 11 cents per diluted share, for the fiscal year ended Dec. 31, 2012, compared with $25.5-million, or 32 cents per basic and 30 cents per diluted share, ... [Published Stockwatch - Apr 01 2013]

Quotes

...with the increased momentum of our mortgage lending business in the first quarter," said Allan Silber, Chairman and CEO of Counsel Corporation. "Street Capital's business increased the volume of mortgages it originated by almost 15% compared to the same quarter last year and, according to an industry report, was third in mortgage broker market share during the quarter with almost 13% of funded volume compared to approximately 8% in the same quarter last year."
"2012 was an exceptional year for Counsel's mortgage lending business," said Allan Silber, Chairman and CEO of Counsel Corporation. "Street Capital sold almost 40% more mortgages than in 2011 and is now one of the top lenders working through the mortgage broker channel. Additionally, the size of its mortgage portfolio increased by 60% during the year, which is an important measure of future success and profitability as the business benefits from higher margin mortgage renewals when its portfolio matures. Looking ahead, we expect to see mortgage renewals grow in importance as Street Capital launched its current business approximately five years ago, which corresponds to the length of term for the bulk of its mortgage loans."

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All (9) | News (3) | Reports (1) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (5)
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Counsel announces Q1 2013 results [Published Morningstar.com - May 16 2013]
Counsel RB Capital Reports 2013 Q1 Operating Re... [Published Business Wire Professional Services News - May 14 2013]
Court Clears Gulistan Carpet Maker to Auction E... [Published Dow Jones DBR Small Cap Alert - Apr 23 2013]
Counsel earns $10-million in 2012 [Published Stockwatch - Apr 01 2013]
Counsel RB Capital Reports 2012 Q4 and Full-Yea... [Published Business Wire Professional Services News - Mar 28 2013]
Counsel RB Capital Reports 2012 Q4 and Full-Yea... [Published Business Wire Manufacturing News - Mar 28 2013]
SulphCo’s Sonocracking Petroleum and Natural Ga... [Published Yahoo! Finance - Feb 19 2013]
Digital Domain’s State-of-the-Art Entertainment... [Published Business Wire Retail News - Dec 05 2012]
Digital Domain’s State-of-the-Art Entertainment... [Published Business Wire Technology News - Dec 05 2012]
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Press Releases

sort by: Date | Relevance
Counsel RB Capital Reports 2013 Q1 Operating Re... [Published Business Wire Professional Services News - May 14 2013]
Counsel RB Capital Reports 2012 Q4 and Full-Yea... [Published Business Wire Professional Services News - Mar 28 2013]
Counsel RB Capital Reports 2012 Q4 and Full-Yea... [Published Business Wire Manufacturing News - Mar 28 2013]
Digital Domain’s State-of-the-Art Entertainment... [Published Business Wire Retail News - Dec 05 2012]
Digital Domain’s State-of-the-Art Entertainment... [Published Business Wire Technology News - Dec 05 2012]
1
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