Cat Financial numbers drop on lower orders

The numbers at Caterpillar Financial Services took a turn for the worse in the second quarter. The lending arm of construction equipment giant Caterpillar still posted a profit of $104 million in the three months ended June 30, but that was down 30 percent from a year earlier. Revenues slipped 6 percent to $683 million but new business fell 20 percent as most of the company's big customer groups cut back on spending.

Jul 23, 2015 11:44 AM

Two analysts cut Pinnacle ratings

Two firms tracking the shares of Pinnacle Financial Partners have lowered their ratings on Nashville's biggest bank company following its second-quarter profit report. Keefe Bruyette & Woods analyst Jefferson Harralson has trimmed Pinnacle to 'market perform' from 'outperform' but maintained his $54 price target. And analysts at Portales Partners have made a similar move, going to 'sector perform.' Pinnacle shares, which took a dip yesterday following the profit report, are up 1.6 percent to $55.49 (Ticker: PNFP) this morning.

Jul 23, 2015 10:16 AM

Ex-ECD chief named to Pinnacle board

Private-equity veteran is second recent addition
Jul 23, 2015 7:04 AM

Ernst & Young announces health care market team

Three industry group leaders to be based in Nashville
Jul 22, 2015 12:17 PM

Pinnacle Q2 up 32%, CapStar up 79%

CRE loans, mortgages help power local lenders
Jul 22, 2015 7:29 AM

Franklin Synergy adds 'Boro commercial banker

35-year industry pro had been working special assets at First Tennessee
Jul 21, 2015 3:00 PM

Truxton Q2 income increases 27%

Nashville-based bank holding company records $2.19M in earnings
Jul 20, 2015 11:56 AM
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LeanKit lands $16M in VC funding

Company to use capital for global marketing, sales operations
Jul 15, 2015 1:43 PM
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Axial Healthcare raises $8M

Healthbox alum provides analytics, platform solutions for insurers
Jul 15, 2015 12:00 PM

PYA hires Nashville principal

Industry veteran comes from PwC, KPMG
Jul 15, 2015 7:00 AM