NEWS : Summary for NewStar Financial, Inc. - Yahoo Finance

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NewStar Financial, Inc. (NEWS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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8.36-0.11 (-1.30%)
At close: 4:00 PM EST
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Previous Close8.47
Bid0.00 x
Ask0.00 x
Day's Range8.34 - 8.64
52 Week Range4.25 - 11.37
Avg. Volume57,093
Market Cap369.57M
PE Ratio (TTM)17.75
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • American City Business Journals3 days ago

    NewStar sells lending unit for $105M in effort to refocus business

    NewStar Financial has sold its equipment financing arm to Radius Bank for $105 million in net proceeds, part of a plan to refocus on leveraged finance and cut staffing and expenses. The Boston-based commercial lender (NEWS) is looking to streamline its business, with CEO Tim Conway holding that competition from banks has made it difficult for NewStar to scale in areas such as equipment financing. It found a taker for its equipment financing line in Radius, which is headquartered in Boston’s Seaport District and has national ambitions for its commercial lending.

  • GlobeNewswire3 days ago

    NewStar Sells Equipment Finance Business To Radius Bank

    BOSTON, Dec. 01, 2016-- NewStar Financial Inc. announced today the sale of its equipment finance business and related assets to Boston-based Radius Bank, a federal savings association, for approximately ...

  • GlobeNewswire4 days ago

    NewStar Closes New $505 Million Managed Credit Fund

    The NewStar Berkeley Fund CLO represents the fourth in a series of managed credit funds focused on middle market senior debt originated through NewStar’ s direct lending platform Berkeley Fund is structured ...