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Boeing asks for delay in duty ruling on Bombardier jet petition

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Bombardier Inc may have to wait to find out if its CSeries commercial jets will be hit by punishing U.S. duties after Boeing requested the U.S. Department of Commerce to postpone its preliminary ruling on its petition until Sept. 25.

Buffett’s Berkshire on verge of becoming BofA’s top shareholder

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc may be on the verge of becoming Bank of America Corp’s largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.

Currency impact on North American companies’ first-quarter results lowest since 2014: report

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Currency market fluctuations in the first quarter of 2017 had the smallest negative impact on North American companies’ financial results since 2014, FIREapps said in a report on Wednesday.

Citi doubles dividend, bank shares jump after industry passes Fed stress tests

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Several big banks announced significant increases in their plans to return capital to shareholders after passing the Federal Reserve’s annual stress test. Financial shares jumped in extended trading. Citigroup was the highlight after hours, doubling its...

Fed gives big U.S. banks a green light for buyback, dividend plans

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON/NEW YORK (Reuters) – The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond being a cushion against catastrophe.

Port Authority delays cashless payment system on light rail

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

The Port Authority of Allegheny County announced Wednesday it was delaying its cashless payment system for the light rail. A news release detailed several issues with the new system, including not being able to have deliveries of more ConnectCard machines, as well as...
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