Thursday, December 20, 2007

Cash Flow Factoring



Lear Corporation today announced an improvement in its full-year 2007 financial outlook reflecting increased core operating earnings, reaffirmed its preliminary financial outlook for 2008 and updated its restructuring plan to reflect the accelerated timing of certain actions. Lear Announces Improved Full-Year 2007 Outlook, Reaffirms 2008 Outlook and Updates Restructuring Plan (PR Newswire via Yahoo! Finance)

CHICAGO----Bibby Financial Services in the United States and Canada has recently become a member of the International Factors Group, along with five other BFS sister companies from the United Kingdom, Canada, Poland, the Czech Republic and India. Bibby Financial Services Enhances Export Finance Offering (Business Wire via Yahoo! Finance)

NEW YORK----CIT Group Inc. , a leading global commercial finance company, and Dell Inc. today announced that Dell will purchase CIT's 30% interest in their U.S.-based Dell Financial Services joint venture on December 31, 2007, for $306 million, resulting in a fourth quarter pre-tax gain to CIT of approximately $250 million. Dell to Purchase CIT\'s 30% Interest in Dell Financial Services (Business Wire via Yahoo! Finance)

National Leader John Key says Finance Minister Michael Cullen's plans to offer tax cuts in next year's budget is too little, too late. National say tax cuts next year too little, too late (NZPA via Yahoo!Xtra News)

Cash Flow Factoring -- More Then Just Work At Home People

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