F.N.B. Capital closes financing deal

F.N.B. Capital closes financing deal

pittsburgh

F.N.B. Capital Corp., the merchant banking subsidiary of F.N.B. Corp., announced Friday that is has closed a $3 million mezzanine financing deal with Boston-based Cadence Capital Management, an investment management firm that specializes in actively managed domestic equities. The F.N.B. funding will be used to refinance Cadence Capital Management’s balance sheet and allow the company to pursue growth initiatives. The deal is F.N.B. Capital’s third mezzanine financing this year.

GM to recall 100,000 vehicles

WASHINGTON

General Motors Co. is recalling about 100,000 crossover vehicles to fix seat belts that could fail in a crash.

GM said Friday in a posting with the National Highway Traffic Safety Administration that the recall involves 2011 model year versions of the Cadillac SRX, Chevrolet Equinox and GMC Terrain. The automaker said the seat-belt buckle anchor for the driver and front passenger seats could break apart in a crash.

The recall is expected to begin in mid-January.

Owners can contact Cadillac at 866-982-2339, Chevrolet at 800-630-2438 and GMC at 866-996-9463. They can also consult the GM owner center website at www.gmownercenter.com.

Conn. AG: Google won’t turn over data

HARTFORD, Conn.

Connecticut’s attorney general says Google is refusing to give him access to data it collected about state residents from public Wi-Fi networks.

In May, Google announced that it inadvertently had collected information from people’s online activities from unsecured networks in more than 30 countries while taking photographs for its Street View mapping project.

Attorney General Richard Blumenthal and officials in nearly 40 other states have been seeking to review the information to see if Google improperly accessed e-mails, passwords and other private data.

Vindicator wire reports