By Christopher Menkin:Should the State of California declare Evergreen non-notification of the original term of the lease illegal, it will be a serious blow to Marlin Business Services (MRLN). Evergreen clauses are illegal in four statesComplete Story »
Marlin Business Services Corporation (MRLN)
Q1 2013 Earnings Call
May 01, 2013 09:00 am ET
Dan Dyer – President, Chief Executive Officer
Lynne Wilson – SVP, Chief Financial Officer
Bob Napoli – William Blair
Greg Cole – Sidoti & Company
Dave Dusenbury – Dalton Greiner
Many automatic renewal clauses require the tenant to give a 30-day notice before the lease expires if the tenant does not wish to renew. But the lease must meet certain requirements.Question: I was renting an apartment on a one-year lease. I made plans to move to another community and had no intention of renewing the lease. On the day I went to turn in my keys to the resident manager, she told me I could not vacate because the lease had automatically been renewed for another year. I don't remember being told about any automatic renewal clause when I signed the original lease.
The California hit parade keeps on rolling as yet Another California city scrambles to avoid bankruptcy.
Atwater, a city of roughly 28,000 in California's Central Valley, may declare a fiscal emergency as soon as next week, but it is trying to avoid becoming the fourth California city to file for municipal bankruptcy this year, its mayor said.
By Stephen Simpson, CFA:Equipment leasing can be a lucrative business, as it allows companies that have access to large pools of attractively-priced of capital to earn strong yields from lessees that lack the same level of access to capital or simply don't wish to deploy it that way.
Marlin Midstream Partners LP (FISH) Q3 2013 Earnings Call October 31, 2013 1:00 p.m. ET
Kristen McNally - Financial Profiles Keith Maxwell - Chairman and CEO Mandy Bush - CFO
Justin Agnew - Robert W. Baird Selman Akyol - Stifel Nicolaus
Carl Dincesen submits:Some might think short term lending is less risky than long. In the municipal market, for many issuers that is usually not the case, particularly today. When additional borrowing is necessary to redeem tax and revenue anticipation cash flow notes it is called a “rollover” - sell new notes to pay off the existing. It works as long as the market for the issuer’s notes remains open.
Federated Investors Inc. (FII)
March 05, 2013 11:20 am ET
John Christopher Donahue - Chief Executive Officer, President and Director
William R. Katz - Citigroup Inc, Research Division
John Christopher Donahue