Company Finances

•  
• MoneyExpert.com - Mortgage lending continues to break all records - 20/09/2006
  

  UK mortgage lending in August broke records for the tenth consecutive month, the Council of Mortgage Lenders (CML) has announced. Overall mortgage lending rose to £32.7 billion in August, up £300 million, or 7.2 per cent on July's figures, and 21 per cent up on the same month of 2005. "Record lending in August reflects the rise in mortgage approvals during the early summer combined with increasing house prices," said CML boss Michael Coogan.

  
  
• Homeowners unruffled by rate rise says survey
  

  Despite shrill complaints from lobbyists and fevered media speculation on the next move, most Britons say that they are entirely unaffected by the recent interest rate rise. Almost four-fifths of mortgage holders - 78 per cent - say that their finances are unchanged following the quarter point increase in the cost of borrowing in August. This was because their mortgages are on either fixed or capped rates, said 45 per cent, while 33 per cent said that they could easily afford the increases in mortgage costs.

  
  
• Average adult has double recommended minimum savings
  

  The average adult in the UK has almost double the recommended minimum financial 'safety net' squirreled away in their bank accounts, according to Birmingham Midshires. Enough savings to survive three months of incapacity, or £4,128, is recommended as a sensible minimum precaution, says the building society. The average UK adult has £7,548 in the bank, enough to cover 167 days, or five months and 17 days, according to Birmingham Midshires calculations.

  
  
•  
• BizSummits Announces Fourth Quarter Growth
  

  ATLANTA--(BUSINESS WIRE)--BizSummits LLC today announced financial results for the fourth quarter ending December 31, 2007. Revenues for the fourth quarter 2007 increased 62 percent from the fourth quarter of 2006. New member companies added in the 4th Quarter also jumped by 121% percent to 230. These gains allowed BizSummits to easily outpace the growth of other competitors such as The Corporate Executive Board Company (NASDAQ: EXBD - News), Vistage and other executive groups.

  
  
• Outlook Roundup: ConocoPhillips, Micrel
  

  Among the earnings projection stories for Thursday, Jan. 3, from AP Financial News: HOUSTON (AP) -- ConocoPhillips, the third-largest U.S. oil company, said Thursday it produced more oil in the final three months of 2007 than in the third quarter, but likely made less money refining it into gasoline and other products.

  
  
• AngioDynamics Reaffirms 2008 Profit
  

  AngioDynamics Reaffirms 2008 Profit Outlook, Sees 3rd-Qtr Growth in Product Line Sales QUEENSBURY, N.Y. (AP) -- Medical device maker AngioDynamics Inc. Thursday reaffirmed its fiscal 2008 profit outlook and said it expects the growth of product lines sales to increase during the third quarter.

  
  
• Finish Line Reports Wider 3Q Loss
  

  Finish Line Loss Widens on Weak Sales, Costs From Genesco Deal INDIANAPOLIS (AP) -- Mall retailer The Finish Line Inc. reported a third-quarter loss of nearly $16 million after being hurt by a sales decline and costs related to its disputed $1.5 billion acquisition of larger rival Genesco Inc. Finish Line's net loss for the quarter ended Dec. 1 totaled $15.9 million, or 34 cents per share. That compares with a loss of $3 million, or 6 cents per share, for the same quarter in 2006.

  
  
•  

• Start
• Prev
• 1
• Next
• End