Element Financial (ELEEF) 14.4715 $ELEEF
Element Financial Closes the Acquisition of GE Capital's Fleet Operations in Mexico, Australia and New Zealand
Marketwired - Wed Sep 30, 3:20PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today announced that it has closed the acquisition of General Electric Capital Corporation's ("GE Capital" fleet management operations in Mexico and their fleet management operations in Australia and New Zealand doing business as Custom Fleet.
EFN.TO: 18.59 (-0.10)
Element Financial Receives Initial BBB Issuer Rating from DBRS
Marketwired - Thu Sep 24, 9:15AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" announced today that it has received an initial issuer rating of BBB from DBRS Limited (DBRS). The Company also was awarded a rating of R-2 (middle) on its short-term instruments and a rating of Pfd-3 on its perpetual preferred shares. All three ratings were issued with a stable outlook. Notwithstanding the R-2 rating, granted by DBRS, Element does not plan to access the short-term debt market for its funding requirements.
EFN.TO: 18.59 (-0.10)
Over $1.4 million in post-secondary scholarships to be awarded tonight to former youth in care at the Children's Aid Foundation's 16th annual Recognition Night
CNW Group - Wed Sep 09, 5:00AM CDT
Volunteer and donor awards also to be given to Bill Blair, CIBC Children's Foundation, Element Financial, CGI, the Ted and Loretta Rogers Foster Care Transition Program and Newzapalooza
Element Financial Declares Quarterly Preferred Share Dividends
Marketwired - Tue Sep 08, 6:01AM CDT
Element Financial Corporation (TSX: EFN) ("Element", one of North America's leading equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares:
EFN-PR-C.TO: 22.70 (-0.01), EFN-PR-E.TO: 22.30 (-0.11), EFN-PR-G.TO: 23.76 (+0.01), EFN-PR-A.TO: 22.84 (+0.34), EFN.TO: 18.59 (-0.10)
GE COMPLETES SALE OF U.S. FLEET SERVICES BUSINESS TO ELEMENT FINANCIAL CORPORATION
M2 - Tue Sep 01, 11:12AM CDT
GE [NYSE:GE] announced today that it has completed the previously announced sale of its U.S. fleet services business, representing aggregate ending net investment (ENI) of approximately $4.4 billion, to Element Financial Corporation (TSX:EFN) in a transaction valued at approximately $5 billion. Separately, the previously announced sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is expected to close at the end of the third quarter, and the sale of GE's European fleet businesses to Arval, a fully-owned subsidiary of BNP Paribas, is expected to close in the fourth quarter.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
GE announces closure of its sale of US fleet services business to Element Financial Corporation for about USD5bn
M2 - Tue Sep 01, 8:15AM CDT
General Electric Company (GE) (NYSE:GE) revealed on Tuesday that it has sold itsUS fleet services business to Element Financial Corporation (TSX:EFN), in a transaction valued at about USD5bn.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
GE Completes Sale of U.S. Fleet Services Business to Element Financial Corporation
Business Wire - Mon Aug 31, 4:31PM CDT
GE [NYSE:GE] announced today that it has completed the previously announced sale of its U.S. fleet services business, representing aggregate ending net investment (ENI) of approximately $4.4 billion, to Element Financial Corporation (TSX:EFN) in a transaction valued at approximately $5 billion. Separately, the previously announced sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is expected to close at the end of the third quarter, and the sale of GE's European fleet businesses to Arval, a fully-owned subsidiary of BNP Paribas, is expected to close in the fourth quarter.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
Element Financial Announces New Leadership Appointments for its Expanding Fleet Management Business
Marketwired - Mon Aug 24, 3:14PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, today announced that Kristi Webb has been appointed as the new President and CEO of Element's fleet management business and Jim Halliday has been appointed as Executive Vice President, Element Financial Corporation. These appointments follow Element's previously announced agreement with GE (NYSE: GE) to acquire GE Capital's remaining North American fleet management operations in the U.S. and Mexico, as well as GE Capital's fleet management operations in Australia and New Zealand (the "Transaction", for an all-cash purchase price of C$8.6 billion.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
Element Reports $0.31 per Share of Free Operating Cash Flow in Q2-2015 on $11.5 Billion of Total Finance Assets
Marketwired - Wed Aug 12, 3:41PM CDT
Element Financial Corporation (TSX: EFN) -
EFN.TO: 18.59 (-0.10)
Element Financial Schedules New Time for Q2-2015 Conference Call
Marketwired - Mon Aug 10, 4:19PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company", one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2015 after the close of markets on Wednesday August 12, 2015.
EFN.TO: 18.59 (-0.10)
Element Announces Early Termination of Hart-Scott-Rodino Waiting Period for Its Pending Acquisition of GE Capital's U.S. Fleet Operations
Marketwired - Wed Jul 22, 8:08PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading equipment finance companies, announced today that the United States Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act" with respect to the Company's pending acquisition of the U.S.-based fleet management operations of GE Capital.
EFN.TO: 18.59 (-0.10)
Element Financial Schedules Q2-2015 Conference Call
Marketwired - Tue Jul 21, 4:14PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company", one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2015 after the close of markets on Wednesday August 12, 2015.
EFN.TO: 18.59 (-0.10)
Element Financial Closes the Acquisition of GE Capital's Fleet Operations in Mexico, Australia and New Zealand
Marketwired - Wed Sep 30, 3:20PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today announced that it has closed the acquisition of General Electric Capital Corporation's ("GE Capital" fleet management operations in Mexico and their fleet management operations in Australia and New Zealand doing business as Custom Fleet. EFN.TO: 18.59 (-0.10)
Element Financial Receives Initial BBB Issuer Rating from DBRS
Marketwired - Thu Sep 24, 9:15AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
announced today that it has received an initial issuer rating of BBB from DBRS Limited (DBRS). The Company also was awarded a rating of R-2 (middle) on its short-term instruments and a rating of Pfd-3 on its perpetual preferred shares. All three ratings were issued with a stable outlook. Notwithstanding the R-2 rating, granted by DBRS, Element does not plan to access the short-term debt market for its funding requirements. EFN.TO: 18.59 (-0.10)
Over $1.4 million in post-secondary scholarships to be awarded tonight to former youth in care at the Children's Aid Foundation's 16th annual Recognition Night
CNW Group - Wed Sep 09, 5:00AM CDT
Volunteer and donor awards also to be given to Bill Blair, CIBC Children's Foundation, Element Financial, CGI, the Ted and Loretta Rogers Foster Care Transition Program and Newzapalooza
Element Financial Declares Quarterly Preferred Share Dividends
Marketwired - Tue Sep 08, 6:01AM CDT
Element Financial Corporation (TSX: EFN) ("Element"
, one of North America's leading equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares: EFN-PR-C.TO: 22.70 (-0.01), EFN-PR-E.TO: 22.30 (-0.11), EFN-PR-G.TO: 23.76 (+0.01), EFN-PR-A.TO: 22.84 (+0.34), EFN.TO: 18.59 (-0.10)
GE COMPLETES SALE OF U.S. FLEET SERVICES BUSINESS TO ELEMENT FINANCIAL CORPORATION
M2 - Tue Sep 01, 11:12AM CDT
GE [NYSE:GE] announced today that it has completed the previously announced sale of its U.S. fleet services business, representing aggregate ending net investment (ENI) of approximately $4.4 billion, to Element Financial Corporation (TSX:EFN) in a transaction valued at approximately $5 billion. Separately, the previously announced sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is expected to close at the end of the third quarter, and the sale of GE's European fleet businesses to Arval, a fully-owned subsidiary of BNP Paribas, is expected to close in the fourth quarter.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
GE announces closure of its sale of US fleet services business to Element Financial Corporation for about USD5bn
M2 - Tue Sep 01, 8:15AM CDT
General Electric Company (GE) (NYSE:GE) revealed on Tuesday that it has sold itsUS fleet services business to Element Financial Corporation (TSX:EFN), in a transaction valued at about USD5bn.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
GE Completes Sale of U.S. Fleet Services Business to Element Financial Corporation
Business Wire - Mon Aug 31, 4:31PM CDT
GE [NYSE:GE] announced today that it has completed the previously announced sale of its U.S. fleet services business, representing aggregate ending net investment (ENI) of approximately $4.4 billion, to Element Financial Corporation (TSX:EFN) in a transaction valued at approximately $5 billion. Separately, the previously announced sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is expected to close at the end of the third quarter, and the sale of GE's European fleet businesses to Arval, a fully-owned subsidiary of BNP Paribas, is expected to close in the fourth quarter.
GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
Element Financial Announces New Leadership Appointments for its Expanding Fleet Management Business
Marketwired - Mon Aug 24, 3:14PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today announced that Kristi Webb has been appointed as the new President and CEO of Element's fleet management business and Jim Halliday has been appointed as Executive Vice President, Element Financial Corporation. These appointments follow Element's previously announced agreement with GE (NYSE: GE) to acquire GE Capital's remaining North American fleet management operations in the U.S. and Mexico, as well as GE Capital's fleet management operations in Australia and New Zealand (the "Transaction", for an all-cash purchase price of C$8.6 billion. GE: 28.07 (+0.04), EFN.TO: 18.59 (-0.10)
Element Reports $0.31 per Share of Free Operating Cash Flow in Q2-2015 on $11.5 Billion of Total Finance Assets
Marketwired - Wed Aug 12, 3:41PM CDT
Element Financial Corporation (TSX: EFN) -
EFN.TO: 18.59 (-0.10)
Element Financial Schedules New Time for Q2-2015 Conference Call
Marketwired - Mon Aug 10, 4:19PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2015 after the close of markets on Wednesday August 12, 2015. EFN.TO: 18.59 (-0.10)
Element Announces Early Termination of Hart-Scott-Rodino Waiting Period for Its Pending Acquisition of GE Capital's U.S. Fleet Operations
Marketwired - Wed Jul 22, 8:08PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading equipment finance companies, announced today that the United States Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act" with respect to the Company's pending acquisition of the U.S.-based fleet management operations of GE Capital. EFN.TO: 18.59 (-0.10)
Element Financial Schedules Q2-2015 Conference Call
Marketwired - Tue Jul 21, 4:14PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2015 after the close of markets on Wednesday August 12, 2015. EFN.TO: 18.59 (-0.10)
