Microlending founder urges business leaders to reinvest profits
Nobel Laureate and founder of Grameen Bank Muhammad Yunus never intended to create a microlending juggernaut or invent the idea of a social business. “My work was not pre-planned,” he said. “It was an action born out of desperation.”
Deckers shares plunge with predicted Q1 loss
Shares of Deckers Outdoor Corp. were down sharply in after-hours trading Feb. 27 as the company predicted a loss for this year’s first quarter of 16 cents per share compared to a 10-cent-per-share profit expected by Wall Street.
LTC earnings jump 14.7%
LTC Properties’ fourth-quarter profits jumped 14.7 percent to $13.7 million, or 40 cents per diluted share, it said on Feb. 20.
Templar banks on grapes: Asset-based lender launches winery arm
Templar Capital does asset-based lending and recently launched Vintners Capital, a lending arm that caters specifically to wine-related businesses by lending against wine-club subscriptions and equipment, along with other collateral.
