Equipment loan losses rise amid transportation loan deterioration
Annualized net losses for equipment asset-backed securities rose in August across all publicly rated deals as transportation industry portfolios remained ...
Tag: capital markets
Toro Co.’s Red Iron originations drop again
Outdoor power equipment manufacturer The Toro Co.’s financing joint venture experienced another decline in originations in the third quarter as ...
Sunbelt U.S. rental revenue rises 6% to $2.2B
Sunbelt Rentals’ rental revenue in the United States grew as volume and rates remained strong in the first quarter of ...
Titan Machinery agriculture revenue dives 10%
Equipment dealer Titan Machinery‘s agriculture segment revenue dropped in the second quarter of fiscal 2025 as farm profits and farmer ...
Ferronordic US sales boost Q2 revenue
Construction and truck equipment dealer Ferronordic increased revenue in the second quarter despite a decline in overall sales due to ...
EV maker earnings show volatility in Q2
EV manufacturers Lion Electric, Mullen Automotive and Nikola remained volatile in the second quarter as the market navigates shifting consumer ...
Alta Equipment’s sales dip
Alta Equipment Group’s new- and used-equipment sales dipped in the second quarter as the equipment sales market weakened despite revenue ...
Trinity Capital equipment finance portfolio up 36%
Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in the second quarter of 2024 as equipment ...
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