Key Developments For Newtek Business Services, Inc.
Newtek Business Services, Inc. (NEWT.O) (Consolidated Issue listed on NASDAQ Global Market)
Newtek Business Services, Inc. Raises FY 2009 Guidance; Issues FY 2010 Guidance
Newtek Business Services, Inc. revised its fiscal 2009 guidance based on improved operating performance to revenues of between $103.5 million and $104.1 million, and a pretax loss of between $(5.1) million and $(4.7) million, an improvement from its original guidance of a pretax loss of between $(7.4) million to $(5.2) million. For fiscal 2010, the Company expects consolidated revenues to be between $110.2 million and $115.8 million and income (loss) before income taxes of between ($2.4) million and $2.3 million.
Newtek Business Services, Inc. Declares Dividend
Newtek Business Services, Inc. announced that the Board of Directors has voted to authorize payment of a one time dividend of $0.02 per common share. The one time dividend will be payable to shareholders of record on November 25, 2009 and paid on or about December 8, 2009.
Newtek Business Services, Inc. Offers Microsoft WebsiteSpark Program to Developers
Newtek Web Hosting - the Web hosting division of Newtek Technology Services, a Newtek Business Services, Inc. company announced its strategic relationship with Microsoft Corp. in rolling out the Microsoft WebsiteSpark Program. The WebsiteSpark Program enables Newtek`s small-firm designer/developer customers to capitalize on the many advantages of the program, helping new and small business owners grow and improve their practices.
Newtek Business Services, Inc. Reaffirms FY 2009 Guidance
Newtek Business Services, Inc. reaffirmed fiscal 2009 consolidated revenues to be between $95.3-$101.2 million and a loss before benefit for income taxes of between ($7.4)-($5.2) million.
The Latino Coalition and Newtek Business Services Sign Alliance Partnership
Newtek Business Services, Inc. announced it has signed an alliance partnership with The Latino Coalition (TLC) to provide insurance products to its more than one million members.
