With 5 years of declining revenue, IBM is all in on profits: ‘It’s easy to get revenue,’ CFO says

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Despite posting 21 quarters of year-over-year revenue declines, IBM is always looking for “profit pools” in enterprise technology, Martin Schroeter, IBM’s senior vice president and chief financial officer, told CNBC’s “Closing Bell”...

Wall Street convinced tax cuts are coming even if much smaller than promised

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Wall Street still expects Washington to come up with some type of whittled down tax bill, with simple tax cuts more likely than tax reform. The Senate’s failure to bring a revised health-care bill up for a vote rattled markets and sparked speculation Congress...

Martin Shkreli wrote a woman to say he would work hard ‘to see you and your four children homeless’

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Martin Shkreli huffed and puffed and made a big bad promise to do what he could to render a woman and her four kids “homeless” — but when push came to shove the “pharma bro’s” company had to cut a big check to her husband. A former...