When one is in business for himself it often becomes clear that the expenses incurred during the daily operations of the business may be more than the profit the business actually takes in. This may make it necessary to take steps that will help to push the business forward toward financial success while allowing all of the routine expenditures to be met at the same time. So what is one to do when he finds himself in this situation? It may become apparent that he needs assistance from an outside source. Thus, a commercial loan may be just the thing to accomplish this. What is a commercial loan and how can it help? Continue reading
ProPublica And American Public Media’s Marketplace Launch Investigation: Beyond Payday Loans
NEW YORK, LOS ANGELES and ST. PAUL, Minn., May 13, 2013 /PRNewswire/ – A new joint investigative report by Marketplace and ProPublica finds that installment loan companies like World Finance are profiting by providing small-dollar, high-interest loans to low-income Americans. These loan providers use aggressive collection practices and earn millions of dollars on installment loan products with annual percentage rates that can effectively exceed 300%. Continue reading
Bankcard and mortgage originations kick off the first quarter with double-digit year-over-year growth
Costa Mesa, Calif., June 13, 2013 — /PRNewswire/ — Providing further evidence of economic recovery throughout the nation, an Experian trends analysis of new mortgages and bankcards from Q1 2013 showed a 16 percent year-over-year increase in mortgage origination volume and a 20 percent increase in bankcard limits. Other insights offered by Experian, the leading global information services company, include evidence of a strong rebound in the Midwest as well as unprecedented lows in bankcard delinquencies. Continue reading
NN, Inc. Board Announces Reinstatement of Dividend
JOHNSON CITY, Tenn., June 11, 2013 /PRNewswire/ – NN, Inc. (Nasdaq: NNBR) announced that earlier today its Board of Directors declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid on July 9, 2013, to shareholders of record as of the close of business on June 25, 2013. Continue reading
Businesses await relief as Japan OKs reform plan
TOKYO (AP) — As new orders for his hydraulic cylinders pile in, factory owner Kazushi Nomura says he is hopeful Japan‘s economy may be headed for a solid recovery.
Prime Minister Shinzo Abe‘s grand plans for getting Japan’s growth back on track after two decades of stagnation, endorsed by his Cabinet on Friday, depend on convincing businessmen like Nomura to invest in that recovery. Continue reading
CA-BUSINESS Summary
Facebook tackles stock price complaints in first shareholder meeting
SAN FRANCISCO (Reuters) – Facebook Inc
ReelTime Now OTC:Pink Current
EVERETT, Wash., June 10, 2013 /PRNewswire/ – ReelTime Rentals, Inc (OTCPK:RLTR) announces it has reached the status of Pink Current as designated by OTC Markets. The Current designation is the highest designation in the OTC Pink marketplace and requires the highest level of disclosure and reporting requirements of all OTC Pink tiers. Continue reading
Northwestern Mutual Finds Men and Women Have Different Game Plans When It Comes to Playing Financial Catch-Up
Northwestern Mutual. (PRNewsFoto/Northwestern Mutual)
MILWAUKEE, June 12, 2013 /PRNewswire/ — The latest research from Northwestern Mutual’s 2013 Planning & Progress Study revealed attitudinal and behavioral discrepancies between how men and women are planning for their financial futures – and why they’re falling behind on financial goals. Continue reading
Stocks slide in Asia as Japan holds policy steady
TOKYO (AP) — Stock markets slid Tuesday in Asia, as Japan‘s central bank ended a policy meeting with no fresh stimulus or moves to curb bond market volatility.
Uncertainty also weighed on emerging markets in Asia, with mainland China’s financial markets closed for a national holiday following the weekend release of discouraging data for the world’s second largest economy. Continue reading
Dollar plunges in broad selloff, global stocks fall
By David Gaffen
NEW YORK (Reuters) – The dollar slumped against the euro and yen and stocks fell on Thursday as investors turned defensive ahead of growing worry that Friday’s U.S. jobs report will disappoint.
Wall Street slipped, extending losses after a 1.9 percent drop in the previous two days, as the S&P 500 < .spx> fell through its 50-day moving average, an indicator of a weakening trend. Continue reading