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Next softens doom and gloom forecasts despite fall in profits

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Next said the outlook for sales was brighter than its previous gloomy predictions as it reported a near 10% in first half profits. At the start of 2017, the Next chief executive, Simon Wolfson, warned of a tough year ahead but on Thursday he softened his stance:...

Making Sense of Trump’s Surprising Investment in Solar

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Working Capital

On Tuesday, the U.S. Department of Energy announced it will invest $62 million to advance the state of concentrated solar power, at the apparent expense of solar photovoltaics that so far have roundly bested the rival renewable technology in the marketplace (see...

Goldman raises odds of another Fed rate hike this year

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Goldman Sachs economists said the odds for a third rate hike this year rose to 60 percent from 55 percent, after a significant firming in core inflation. August CPI rose 0.4 percent and core, excluding fuel and food, rose 0.248 percent. Goldman had expected core to...

Why You Should Run Your Company Like the Golden State Warriors

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Capital, Non-Bank Loans, Working Capital

When the Golden State Warriors went home with the 2017 NBA championship, the team’s offensive superstars, Stephen Curry and Kevin Durant, got most of the credit. Few people understood that the defensive hustle of Draymond Green and Klay Thompson were just as key...

Flood protection: Everything you need to know

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The destruction caused by Hurricane Harvey and Hurricane Irma are estimated to cost between $150 billion and $200 billion, according to a CNBC report. As people try to make their way back to their homes, an influx of flood claims, with more than 100,000 expected be...

You likely will pay for Equifax breach, while execs get a pass

by synergycap1 | Sep 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The stunning data breach recently disclosed by Equifax, one of the nation’s top three credit reporting agencies, has imperiled millions of consumers, opening them up to identity theft, monetary losses and colossal headaches. Equifax investors are also...
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