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BOSTON, June 7, 2010 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today that it is scheduled to participate in the Wells Fargo Financial Services Conference in Boston on...
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BOSTON, May 7, 2010 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today that Timothy J. Conway, its Chief Executive Officer, is scheduled to make a presentation at the Keefe,...
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Provision for credit losses declined 31% to $27.0 million and new specific reserves declined 44% to $22.3 million from the prior quarter NPAs declined 4% to $165.8 million, while the...
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BOSTON, April 21, 2010 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today that it will report results for the first quarter of 2010 on Wednesday, May 5, 2010 before the markets...
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Net loss driven by continued elevated provision for credit losses Allowance for loan losses reached 5.68% of loans, but improving credit outlook may signal peak Expenses decreased by...
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BOSTON, Feb. 3, 2010 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today that it will report results for the fourth quarter of 2009 on Wednesday, February 17, 2010 before the...
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BOSTON, Jan. 25, 2010 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), a specialized commercial finance company, announced today that its Board of Directors has authorized the repurchase of...
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BOSTON, Jan. 7, 2010 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS), a specialized commercial finance company, announced today that it has completed a $275 million term debt securitization....
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BOSTON, Jan. 5, 2010 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS), a specialized commercial finance company, announced today that it has placed $75 million of senior secured revolving...
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* Loss narrowed despite continued difficult credit conditions * Provision for loan losses remained elevated to boost reserves as charge-offs increased * Negative migration trend in...