Ally Financial Inc., the auto lender rescued by the U.S. government during the 2008 financial crisis, raised $2.38 billion in its initial public offering after pricing the shares at the bottom of the proposed range. The U.S. Treasury Department, Ally’s majority shareholder, sold 95 million shares for $25 apiece, according to data compiled by Bloomberg. […]
Citing a “default” on payments, GE Commercial Distribution Finance (GECDF) is seeking a restraining order against Mega RV Corp., an entity doing business as McMahon’s RV and now dissolved finance arm MCMRV Inc. Per documents initially filed April 4 by GECDF in the Central California U.S. District Court, the high-profile dealership – one of a […]
For many, vacationing in the Outer Banks of North Carolina is a peaceful respite. The beautiful coastline unfolds hundreds of miles of natural beaches and sand dunes covered with sea oats dancing in the coastal breeze. Cape Hatteras Kampgrounds of America (KOA), located on Hatteras Island, offers premier camping in the midst of such paradise. […]
(April 10, 2014) -- Company owners Alan and Judy Shapiro added the Thor Challenger and Hurricane, both Class A gas RVs, and the new Axis RUV class unit to the line-up at their Lake Park, Ga., facility.
Coach-Net announced it has partnered with UMB CardPartner to launch the Coach-Net affinity Visa Platinum Rewards credit card. According to a press release, Coach-Net members as well as non-members are eligible to apply for card membership. The Coach-Net Visa Platinum Rewards card offers qualified cardholders numerous benefits, including competitive rates and terms along with a […]
(April 10, 2014) -- The event is like a homecoming week for hundreds of Airstream owners who will camp for five days on the grounds of the factory where their “silver bullet” trailers were built. Alumapalooza is celebrating its fifth anniversary during this year's event.
(April 10, 2014) -- In addition to fixing all known bugs since Q-F&I Online was released in late 2013, the most notable addition is a change to the main worksheet screen. Virtually all deal editing can now be done on one screen. Screen hopping has been virtually eliminated, said Martin
(April 10, 2014) -- "Today’s reported decline left initial claims at their lowest level in almost seven years and well below readings that prevailed during most of the winter," said Nye. "Importantly, the U.S. Department of Labor noted that there were no special factors impacting this week’s initial claims."