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Meritor Rides Improving Industry Fundamentals to Higher Profit, Revenue

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Finance, Working Capital

Roger W. Gilroy | Staff Reporter Commercial vehicle supplier Meritor Inc. reported net income and revenue rose in its fiscal third quarter, driven by broad increases in truck production plus new business wins. Net income for the period ended June 30 rose 17% to $48...

Arconic Net Income, Revenue Post Gains in Second Quarter

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Finance, Working Capital

Roger W. Gilroy | Staff Reporter Aluminum products supplier Arconic Inc. posted higher net income and revenue in the second quarter as all segments had higher volumes and maintained the focus on cost savings, the company said. Net income for the period ended June 30...

Trump Praises the Stock Market He Once Said Was a Bubble

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Stocks and Bonds, Trump, Donald J, United States Economy, Working Capital

As a candidate, Donald Trump warned about the fragile economy and the overinflated stock market. As president, he takes credit for every record high.

Trump is bad for the gun business: Sturm, Ruger sales plummet

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

People think gun laws are safe under President Donald Trump, and that’s hurting the gun business. Shares of Sturm, Ruger & Company plummeted nearly 10 percent on Thursday after the gun maker reported second quarter sales fell 22 percent from the year-ago...

US to reject biofuel program tweaks in blow to refiners, Icahn

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The Environmental Protection Agency will reject a proposal to overhaul the U.S. biofuels program to shift blending responsibility away from refining companies, two sources familiar with the matter told Reuters on Thursday. The decision is a blow to independent oil...

60% of SMBs report half or more of online sales come from Amazon, Jet & eBay [Survey]

by synergycap1 | Aug 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Non-Bank Loans, Working Capital

According to a recent survey conducted by NetElixir, a majority of SMBs are seeing strong returns on Amazon, Jet and eBay. Surveying 500 small to mid-sized US retailers that sell online, 60.2 percent attributed at least half of their online sales to the three online...
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