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Author Archives: Lakefront Media

Equifax Q2 Revenues up 6% – Merges Brazilian Operation with Boa Vista Servicos S.A.

Equifax Inc. (NYSE: EFX) today announced financial results for the quarter ended June 30, 2011. The company reported revenue from continuing operations of $487.1 million in the second quarter of 2011, a 6 percent increase from the second quarter of 2010. Richard F. Smith, Chairman and CEO stated:   “Overall performance in the second quarter was solidly in line with our ... Read More »

Australian Risk Climate: Two-Thirds of Businesses Fail To Pay Bills

The number of firms paying bills over three months late jumps 20 percent According to the latest Dun & Bradstreet Australia Trade Payment Analysis, which examines business to business payment terms for the June quarter 2011, Australian businesses are taking almost a full month longer than average to pay their bills, with national payment terms reaching 53.4 days during the ... Read More »

Credit Information: What does ‘Freshly Investigated Credit Reports Mean’?

On June 13, 2011 BIIA posted a story “Customers Turn Competitors” discussing the offering of ‘freshly investigated credit reports’ by credit management associations.  The story was prompted by a discussion within BIIA what ‘freshly investigated credit reports’ means in terms of in-date rules.  For instance are credit management associations producing these reports; or only act as distributors and whether the ... Read More »

BIIA Welcomes Creditsafe as a New Member

Creditsafe has joined BIIA as an Associate Member The Creditsafe Group is one of Europe’s newest provider (launched in 2002) of on-line company credit information. Creditsafe has evolved swiftly since its launch in Norway and now more than 50,000 organizations across Europe benefit from our innovative suite of on-line credit information supplied from our operations in the UK, Germany, France, the ... Read More »

Country Risk Climate: Trends To Keep An Eye On

Eurozone – The sovereign debt crisis seems to have entered a new and potentially more dangerous stage, now involving Spain and Italy in addition to Greece, Portugal and Ireland. What to expect… To read the full story click on the attachment:  Weekly Focus 7-14-11 This page is provided by S.J. Rundt & Associates, Inc., specialists in country risk assessment, consultants ... Read More »

Transparency: Keeping an Eye Out

Revealing the Truth Behind Corporate Lies Background-checking financial records, balance sheets and even key individuals in a firm before signing a deal with them are an essential part of international business today, and may even be a legal pre-requisite. Questions everyone setting up a deal with a foreign or even domestic company should be asking are: How do you deal ... Read More »

Country Risk Climate: Trends to Keep an Eye On

Ecuador – big loans from China Egypt — brushing off the IMF and the World Bank Peru – unpredictable Humala Portugal – much more red ink than expected; Romania – a precautionary facility from the IMF; United States – still-uncertain prospects for three trade pacts. To read the full story click on the attachment:  Weekly Focus 6-30-11 This page is provided ... Read More »

Thomson Reuters buys Aussie Online Legal Documents Company

Although it shed the legal consultancy Hildebrandt Baker Robbins, Thomson Reuters acquired the Australian online legal document company Cleardocs this week—a move that may signify the information giant’s confidence in the growing market for cost-effective commoditized legal goods. Cleardocs will be aligned with Thomson Reuters’ tax and accounting business in Australia, according to a press release. Source: Abajournal.com Read More »

Experian: Announces Acquisition of Medical Present Value

Experian, is pleased to announce that it has signed a definitive agreement to acquire Medical Present Value, Inc. (MPV), a leading provider of data, analytics and software in the US healthcare payments market. The purchase price is US$185m which will be funded from Experian’s existing cash resources. The transaction is subject to customary US regulatory approval. Founded in 1998, MPV ... Read More »

Standard & Poor’s Adds Public Finance Data and Risk Analytics to Global Credit Portal®

S&P Valuation and Risk Strategies today announced the launch of powerful new analytics and data capabilities for investors in publicly-financed securities.  Financial Statement Data and S&P Indices® join RatingsDirect® Public Finance on S&P’s Global Credit Portal® investor analytics platform.  Together, these credit analysis tools allow market participants to gain in-depth insight into the creditworthiness of debt securities issued by state and ... Read More »

Coface Releases Study on Payment Behavior Of Chinese Companies

China is gradually adopting international standards on credit sales which are becoming widespread to meet competition but also due to the cash flow problems of Chinese clients. The trend is also towards improvement with regard to the payment behaviour of companies. But despite these encouraging developments, Chinese companies are expecting the payment situation to worsen in the short-term. To read the ... Read More »