Element Financial (ELEEF) 13.6853 $ELEEF
Element Completes Additional US$118 Million Funding of Trinity Railcar Leases
Marketwire - Thu Mar 27, 12:46PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"), one of North America's leading equipment finance companies, announced today that it has closed its third railcar lease portfolio with the purchase of a further US$118 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar manufacturer in North America.
Element Financial to Be Added to FTSE Global Equity Index Series
Marketwire - Thu Mar 06, 1:21PM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today confirmed that subsequent to the FTSE North America Regional Index Review announced on March 5, 2014, the Company's common shares will be added to the FTSE Global Equity Index Series effective after the close of business on Friday, March 21, 2014.
Element Financial Declares Dividend on Cumulative 5-Year Rate Reset Preferred Shares, Series A
Marketwire - Tue Mar 04, 3:31PM CST
Element Financial Corporation (TSX: EFN)(TSX: EFN.PR.A) ("Element" or "the Company"), one of North America's leading equipment finance companies, announced today that its Board of Directors declared a dividend of $0.4701 per Series A preferred share payable on March 31, 2014 to shareholders of record on March 17, 2014. The dividend payment is for the period from and including the date of issue up to but excluding March 31, 2014.
Element Senior Management Buys Shares
Marketwire - Mon Feb 24, 8:21AM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today announced that all eight members of the Company's senior management team purchased Element's common shares in the open market following last Thursday's release of the Company's financial results for the three-month and 12-month periods ending December 31, 2013.
Element Provides Fifth Consecutive Financing Campaign With Next Generation BK(R) Kitchen at BURGER KING(R) Restaurants
Marketwire - Sun Feb 23, 5:00PM CST
Element Financial (formerly CoActiv) will provide BURGER KING(R) franchisees throughout North America with new financing options for Next Generation Kitchen (NGK) equipment purchases and installations. Element's program simplifies the process for franchisees to acquire the NGK, which greatly increases productivity, reduces waste and improves food quality. As part of this program, Element is prequalifying its existing BURGER KING(R) franchisee customer base consisting of over 70% of total franchise locations. For both new and existing customers, applications are being processed quickly from start to finish via Element's online portal.
Element Doubles Originations in Q4 to Deliver $0.09 Adjusted Operating EPS
Marketwire - Thu Feb 20, 4:07PM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today reported financial results for the 12-month and three-month periods ending December 31, 2013 with all five business verticals delivering record originations volumes contributing to a 30 percent increase in the Company's Net Finance Receivables of $3 billion as at December 31, 2013 versus $2.3 billion as at September 30, 2013. After tax adjusted operating income increased to $15.0 million in Q4-2013 producing $0.09 of operating earnings per share for the period in line with the consensus of analysts' estimates.
Element Financial Schedules Q4-2013 Conference Call
Marketwire - Tue Feb 11, 11:04AM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading independent equipment finance companies, today announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter and full year ended December 31, 2013 after the close of markets on Thursday February 20, 2014.
Trinity Industries, Inc. Announces the Sale of Approximately $396 Million of Leased Railcars under its Strategic Alliance with Element Financial Corporation
Business Wire - Tue Jan 28, 5:43PM CST
Trinity Industries, Inc. (NYSE:TRN) announced today that its subsidiary closed the sale of the second tranche of leased railcars to Element Financial Corporation (TSX:EFN) ("Element") under the newly formed $2 billion strategic railcar alliance announced in December. The sale consisted of a portfolio of existing leased railcars from Trinity's lease fleet with a value of approximately $396 million. The profit recognized from the sale in the first quarter of 2014 is expected to be between $1.00 and $1.10 per share. Trinity will not have any remaining ownership interest in the leased railcars sold to Element. Trinity Industries Leasing Company ("TILC"), a wholly-owned subsidiary of Trinity, will act as servicer of the railcars sold to Element per the terms of the alliance.
Element Completes Second Railcar Portfolio Acquisition from Trinity Industries
Marketwire - Tue Jan 28, 5:33PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"), one of North America's leading equipment finance companies, announced today that it has completed its second railcar portfolio acquisition with the purchase of a further US$396 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar manufacturer in North America.
Trinity signs new USD2bn strategic rail car alliance agreement with Element Financial Corporation and closes initial sale of leased rail cars
M2 - Fri Dec 20, 4:40AM CST
Diversified industrial company Trinity Industries Inc (NYSE:TRN) revealed on Thursday that it signed a new USD2bn strategic rail car alliance agreement with Element Financial Corporation (TSX:EFN) and closed the initial sale of leased rail cars, pursuant to the agreement.
Trinity Industries, Inc. Closes the Initial Sale of Leased Railcars Under its Strategic Alliance with Element Financial Corporation
Business Wire - Thu Dec 19, 3:01PM CST
Trinity Industries, Inc. (NYSE:TRN) announced today that it closed the initial sale of leased railcars to Element Financial Corporation (TSX:EFN) ("Element") under a new $2 billion strategic railcar alliance agreement announced earlier this month. As anticipated, the initial sale consisted of a portfolio of existing leased railcars from Trinity's lease fleet. The sale generated total proceeds of approximately $105 million, and the profit recognized from the sale in the fourth quarter of 2013 is expected to be in line with the range previously provided of $0.11 to $0.13 per share. Trinity does not have any remaining ownership interest in the leased railcars sold to Element. Trinity Industries Leasing Company, a wholly-owned subsidiary of Trinity, will act as servicer of the railcars sold to Element.
IIROC Trade Resumption - Element Financial Corporation
Newsfile Corp - Tue Dec 10, 7:14AM CST
Trading resumes in:
Element Completes Additional US$118 Million Funding of Trinity Railcar Leases
Marketwire - Thu Mar 27, 12:46PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"), one of North America's leading equipment finance companies, announced today that it has closed its third railcar lease portfolio with the purchase of a further US$118 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar manufacturer in North America.
Element Financial to Be Added to FTSE Global Equity Index Series
Marketwire - Thu Mar 06, 1:21PM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today confirmed that subsequent to the FTSE North America Regional Index Review announced on March 5, 2014, the Company's common shares will be added to the FTSE Global Equity Index Series effective after the close of business on Friday, March 21, 2014.
Element Financial Declares Dividend on Cumulative 5-Year Rate Reset Preferred Shares, Series A
Marketwire - Tue Mar 04, 3:31PM CST
Element Financial Corporation (TSX: EFN)(TSX: EFN.PR.A) ("Element" or "the Company"), one of North America's leading equipment finance companies, announced today that its Board of Directors declared a dividend of $0.4701 per Series A preferred share payable on March 31, 2014 to shareholders of record on March 17, 2014. The dividend payment is for the period from and including the date of issue up to but excluding March 31, 2014.
Element Senior Management Buys Shares
Marketwire - Mon Feb 24, 8:21AM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today announced that all eight members of the Company's senior management team purchased Element's common shares in the open market following last Thursday's release of the Company's financial results for the three-month and 12-month periods ending December 31, 2013.
Element Provides Fifth Consecutive Financing Campaign With Next Generation BK(R) Kitchen at BURGER KING(R) Restaurants
Marketwire - Sun Feb 23, 5:00PM CST
Element Financial (formerly CoActiv) will provide BURGER KING(R) franchisees throughout North America with new financing options for Next Generation Kitchen (NGK) equipment purchases and installations. Element's program simplifies the process for franchisees to acquire the NGK, which greatly increases productivity, reduces waste and improves food quality. As part of this program, Element is prequalifying its existing BURGER KING(R) franchisee customer base consisting of over 70% of total franchise locations. For both new and existing customers, applications are being processed quickly from start to finish via Element's online portal.
Element Doubles Originations in Q4 to Deliver $0.09 Adjusted Operating EPS
Marketwire - Thu Feb 20, 4:07PM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading equipment finance companies, today reported financial results for the 12-month and three-month periods ending December 31, 2013 with all five business verticals delivering record originations volumes contributing to a 30 percent increase in the Company's Net Finance Receivables of $3 billion as at December 31, 2013 versus $2.3 billion as at September 30, 2013. After tax adjusted operating income increased to $15.0 million in Q4-2013 producing $0.09 of operating earnings per share for the period in line with the consensus of analysts' estimates.
Element Financial Schedules Q4-2013 Conference Call
Marketwire - Tue Feb 11, 11:04AM CST
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading independent equipment finance companies, today announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter and full year ended December 31, 2013 after the close of markets on Thursday February 20, 2014.
Trinity Industries, Inc. Announces the Sale of Approximately $396 Million of Leased Railcars under its Strategic Alliance with Element Financial Corporation
Business Wire - Tue Jan 28, 5:43PM CST
Trinity Industries, Inc. (NYSE:TRN) announced today that its subsidiary closed the sale of the second tranche of leased railcars to Element Financial Corporation (TSX:EFN) ("Element") under the newly formed $2 billion strategic railcar alliance announced in December. The sale consisted of a portfolio of existing leased railcars from Trinity's lease fleet with a value of approximately $396 million. The profit recognized from the sale in the first quarter of 2014 is expected to be between $1.00 and $1.10 per share. Trinity will not have any remaining ownership interest in the leased railcars sold to Element. Trinity Industries Leasing Company ("TILC"), a wholly-owned subsidiary of Trinity, will act as servicer of the railcars sold to Element per the terms of the alliance.
Element Completes Second Railcar Portfolio Acquisition from Trinity Industries
Marketwire - Tue Jan 28, 5:33PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"), one of North America's leading equipment finance companies, announced today that it has completed its second railcar portfolio acquisition with the purchase of a further US$396 million worth of leased railcars from Dallas-based Trinity Industries, the leading railcar manufacturer in North America.
Trinity signs new USD2bn strategic rail car alliance agreement with Element Financial Corporation and closes initial sale of leased rail cars
M2 - Fri Dec 20, 4:40AM CST
Diversified industrial company Trinity Industries Inc (NYSE:TRN) revealed on Thursday that it signed a new USD2bn strategic rail car alliance agreement with Element Financial Corporation (TSX:EFN) and closed the initial sale of leased rail cars, pursuant to the agreement.
Trinity Industries, Inc. Closes the Initial Sale of Leased Railcars Under its Strategic Alliance with Element Financial Corporation
Business Wire - Thu Dec 19, 3:01PM CST
Trinity Industries, Inc. (NYSE:TRN) announced today that it closed the initial sale of leased railcars to Element Financial Corporation (TSX:EFN) ("Element") under a new $2 billion strategic railcar alliance agreement announced earlier this month. As anticipated, the initial sale consisted of a portfolio of existing leased railcars from Trinity's lease fleet. The sale generated total proceeds of approximately $105 million, and the profit recognized from the sale in the fourth quarter of 2013 is expected to be in line with the range previously provided of $0.11 to $0.13 per share. Trinity does not have any remaining ownership interest in the leased railcars sold to Element. Trinity Industries Leasing Company, a wholly-owned subsidiary of Trinity, will act as servicer of the railcars sold to Element.
IIROC Trade Resumption - Element Financial Corporation
Newsfile Corp - Tue Dec 10, 7:14AM CST
Trading resumes in:
