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Currency losses hit GM fourth-quarter profits

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

DETROIT (Reuters) – General Motors Co on Tuesday said fourth quarter net income fell to $1.19 a share, factoring in one-time items, in part because of $500 million in foreign exchange losses, and the company forecast 2017 profits per share would be flat to...

Early movers: GM, KORS, FOXA, GPS, CNC, MNK & more

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Check out which companies are making headlines before the bell: General Motors — The automaker reported adjusted fourth-quarter profit of $1.28 per share, 11 cents a share above estimates. Revenue also beat forecasts. GM’s quarter was highlighted by a...

New images reveal how much North Korea is expanding its missile research

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The nuclear threat from North Korea looks greater than ever before. Even as the new U.S. defense secretary warned North Korea Friday of an “effective and overwhelming” response if the rogue state uses nuclear weapons, images indicate that North Korea...

Who will be hit hardest by Trump’s policies? Trump voters

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Donald Trump’s most ardent supporters are likely to be hit the hardest if he makes good on his promise to dismantle the Affordable Care Act and embark on trade wars with China and Mexico. “I think you’re going to get a disproportionate impact on...

Stock futures rise with focus on earnings

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – U.S. stock index futures were higher on Tuesday as investors look for a steer from a rush of quarterly earnings reports.

Michael Kors comparable sales fall more than expected

by synergycap1 | Feb 7, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Apparel and accessories maker Michael Kors Holdings Ltd reported a bigger-than-expected drop in quarterly comparable sales, citing disappointing sales in North America and Europe.
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