LIC Housing Finance: Buy

| November 18, 2012 | 0 Comments

Thanks to the secured nature of lending, the company enjoys superior asset quality. Fresh investments with a three-year horizon can be considered in the stock of LIC Housing Finance (LICHF). LICHF, the second largest housing finance company, has improved its market share in mortgage financing segment over the last few years and would continue to […]

Filed Under: Credit Card News

Bank of England foresees persistently low growth

| November 14, 2012 | 0 Comments

Here are the main points to be drawn from today’s Inflation Report and accompanying Bank of England press conference. The biggest one was the Bank of England’s admission that the UK economy may be in a period of persistently low growth. This might seem like a statement of the bleedin’ obvious, but it’s not something […]

Filed Under: Latest Finance News

Weak economic growth is the trade-off we’ll have to settle for

| November 14, 2012 | 0 Comments

Economic trade-offs in the past have been pretty clear. Policy settings would be eased during a recession to soften the landing, then restored to drive the recovery. Jobs would be lost, struggling companies go bust, and banks take heavy losses. The recession would act like a lethal dose, killing off the weak and clearing the […]

Filed Under: Latest Finance News

BG shares tumble as UK oil and gas group warns growth is over

| October 31, 2012 | 0 Comments

By This Is Money Reporter PUBLISHED: 06:23 EST, 31 October 2012 | UPDATED: 11:31 EST, 31 October 2012 BG shares fell 14 per cent today after the British oil and gas group announced it did not expect to grow production next year. The firm, posting its third quarter results, blamed delays to projects in the […]

Filed Under: finance news

Finance leaders to address global economic threats

| October 11, 2012 | 0 Comments

WASHINGTON (AP) — When global finance ministers meet this week in Tokyo, they’ll confront a triple challenge: Economic troubles in three major regions are threatening the world’s economy. And political conflicts are complicating the problem. Europe is gripped by a debt crisis and stalled growth. A budget standoff in the United States is set to […]

Filed Under: Credit Card News

FTSE LIVE: Markets hurt by worries over global growth; second Q2 GDP reading released

| August 24, 2012 | 0 Comments

By This Is Money Reporters PUBLISHED: 02:07 EST, 24 August 2012 | UPDATED: 02:15 EST, 24 August 2012 The FTSE 100 edged lower this morning on doubts over possible new stimulus measures from major central banks, such as the U.S. Federal Reserve, to fight the global economic slowdown. The blue-chip index was down by 0.2 […]

Filed Under: finance news

GE Capital, Franchise Finance Provides $45 Million Credit Facility to Raising Cane’s

| August 21, 2012 | 0 Comments

SCOTTSDALE, Ariz.–(BUSINESS WIRE)– GE Capital, Franchise Finance recently provided a $45 million senior secured credit facility to Raising Cane’s Chicken Fingers®, a Baton Rouge, La.-based restaurant chain. The facility refinances the company’s existing term loan and provides a revolving line of credit. A portion of the funding was provided through GE Capital bank affiliate, GE […]

Filed Under: Credit Card News

The FSA is largely to blame for slow lending growth

| August 14, 2012 | 0 Comments

Lots of people have been eager to question the Bank of England or George Osborne regarding the slowdown in the economy over the past two years. On the other hand, whilst the FSA was heavily criticised regarding its supervision of the banks in the run-up to the 2007-8 crises, it has not been much criticised for […]

Filed Under: Latest Finance News

Fed signals support for US economy as central banks battle to kick-start global growth

| August 2, 2012 | 0 Comments

By Hugo Duncan PUBLISHED: 16:05 EST, 1 August 2012 | UPDATED: 16:43 EST, 1 August 2012 ‘Whatever it takes': ECB president Mario Draghi leads the efforts to save the euro Central banks around the world are under mounting pressure to kick-start the global economy as it lurches from one crisis to the next. The US […]

Filed Under: finance news

Oxford Finance Provides $25 Million Senior Credit Facility to ZONARE Medical Systems

| July 26, 2012 | 0 Comments

ALEXANDRIA, Va., July 25, 2012 /PRNewswire/ — Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it closed a $25 million debt facility with ZONARE Medical Systems, Inc. Proceeds of the loan will be used for growth capital and to further the development of […]

Filed Under: Credit Card News
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