Spike in rental rates drives revenue growth in Q2
H&E Equipment Services, Herc Rentals and United Rentals all reported year-over-year revenue growth in the second quarter as rental rates...
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Report: Lending climate tightens — again
Some industries tied to heavy equipment felt the strain of tightened lending standards in the first quarter while others showcased...
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Lender earnings roundup: Nonperforming loans rise
Nonperforming assets and loans are rising for equipment finance lenders, based on second-quarter earnings reports. Brookline Bancorp Brookline Bancorp’s equipment...
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Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit...
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Core capital goods orders steady despite durable goods drop
New orders for core capital goods remained consistent in June for the third straight month as companies continued to navigate...
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Fed seen signaling September rate cut at next week’s meeting
The Federal Reserve is likely to signal next week its plans to cut interest rates in September, according to economists...
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Ford, GM boosted by commercial vehicle segments in Q2
Ford and General Motors benefited from growing commercial vehicle sales in the second quarter as the commercial vehicle market remains...
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Equipment finance industry confidence continues to grow in July
Confidence among equipment finance lenders continued to rise in July, even though none of those surveyed rated the United States...
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