Finance Business Weighs on G.E. Results (New York Times)
G.E., a bellwether for the American economy, said Friday that its third-quarter profit fell 22 percent, hurt by its financing business.
Trade finance booms amid global crisis (Washington Post)
GENEVA (Reuters) - Business is booming in the trade finance market as exporters and importers return to a tried and tested form of credit amid the chaos of the financial crisis, bankers in the sector say.
GE's finance arm drags down earnings (Rocky Mountain News)
General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan and lease business has been hammered by the worst financial crisis since the 1929 stock market crash.
Personal Finance Daily: The week's 10 best Personal Finance stories: Oct. 6-10 (Market Watch)
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Oct. 6-10:
Penton's Business Finance Magazine and SAS Announce Winners of 2008 Vision Awards (Centre Daily Times)
Penton Media's Business Finance(R) magazine and SAS announce the winners of the 2008 Vision Awards, recognizing excellence in business performance management. The winners are the Presbyterian Healthcare Services (Albuquerque, NM), Seattle City Light; and South Dakota Department of Transportation (Pierre, SD). This year's winners will be honored at the Business Performance Management Summit, ...