TITLE

Advanta may Sell Leasing Divisions

AUTHOR(S)
Roberts, Ricardo
PUB. DATE
May 2000
SOURCE
Mergers & Acquisitions Report;05/29/2000, Vol. 13 Issue 22, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the plans of Advanta Corp. to seek strategic options for its mortgage and leasing divisions. Services offered by the company; Potential buyers of the company; Possibility of sale and strategic partnerships; Earnings of the company for the first quarter of 2000.
ACCESSION #
3226628

 

Related Articles

  • Regis to Test the Market. Cody, Tamika // Mergers & Acquisitions Report;8/9/2010, Vol. 23 Issue 32, p26 

    The article examines the selection by Regis Corp. of investment bank Peter J Solomon to come up with strategic options for the hair salon operator and franchisor. According to analysts at Baird, Regis may be searching for strategic partners or a financial buyer. Another analyst argued that the...

  • Mattson Sheds Wet Clean Business. Chappell, Jeff // Electronic News;2/17/2003, Vol. 49 Issue 7, pN.PAG 

    Reports on the decision of equipment supplier Mattson Technologies Inc. to divest its wafer wet surface preparation division. Buyer for the division; Information on the strategic alliance seek by the company; Financial results posted by the company in the fourth quarter of 2002.

  • Advanta, Still Struggling, Gets Some Closure. Julavits, Robert // American Banker;8/3/2000, Vol. 165 Issue 148, p1 

    Reports that Advanta Corp. has told its shareholders on May 17, 2000 it would solicit bids for its mortgage and leasing operations. Impact of the stock market on the value of the businesses; United States Office of the Comptroller of the Currency's issuance of a cease-and-desist order to the...

  • Mortgage Unit Deal Will Focus Advanta. Julavits, Robert // American Banker;10/25/2000, Vol. 165 Issue 205, p1 

    Focuses on the implications of Advanta Corp.'s tentative agreement to sell its mortgage unit on the company's financial future. Expectations on the sale of the unit; Value of the deal; Difficulties experienced by the Spring House, Pennsylvania-based financial company since May 2000.

  • Advanta: Mortgage Unit Sale on Track. Julavits, Robert // American Banker;11/28/2000, Vol. 165 Issue 227, p19 

    Reports on Advanta Corp.'s announcement on the progress of negotiations to sell its mortgage business. Implications of the sale on the company's efforts to focus on its small-business credit card business.

  • Hard work's not enough; business vision is key. Yaari, Ronen // Long Island Business News (7/1993 to 5/2009);5/20/2005, Vol. 52 Issue 21, p53A 

    Focuses on the importance of having a vision in operating a business. Need for a business vision to be targeted at specific customers, aimed at creating high levels of customer satisfaction and capable of producing a strong degree of customer loyalty; Inclusion of a way to increase sales and...

  • Advanta Pins $29M Loss on Revamp .  // American Banker;4/25/2001, Vol. 166 Issue 79, p10 

    Discloses that Advanta Corp. incurred a loss in the first quarter of 2001. Claim that Advanta's net income from its Advanta Business Cards group was offset by the charges taken for its restructuring; End of Advanta's strategic alliance to direct-market automobile insurance.

  • Card Issuer Advanta Posts 48% Increase .  // American Banker;1/23/2002, Vol. 167 Issue 15, p23 

    Reports the increase of the fourth-quarter net income of Advanta Corp. for the year 2001 in Spring House, Pennsylvania. Percentage on the net income of the company; Factors contributing to the increase of the income; Details on the operating income per share from the business segments of the...

  • Advanta Posts $7.2 Million Loss. Kingson, Jennifer // American Banker;7/26/2001, Vol. 166 Issue 143, p3 

    Reports on the financial performance of Advanta Corp. in the second quarter of 2001. Net loss; Operating earnings; Company's focus on issuing commercial credit cards; Company's use of proceeds from the sale of its mortgage business to reduce its debt and deposits; Financial performance of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics