LASF looking to grow their Loan Division
Lasco Financial Services Limited’s (LASF) Managing Director, Mrs. Hall-Tracey opened her address by highlighting the challenges and successes the company had over the past year and what the company will do to capitalise on opportunities and to meet the challenges. She noted that despite the closure of some outlets due to the lottery scam, the company was able to increase revenue year over year and double revenue over the last five years, with an increase rate of growth. “If we were to continue at this rate, all things being equal, in less than four years revenue would be in the
U.S. second-quarter economic growth revised higher to 3.1%
According to Bureau of Economic Analysis the U.S. economy grew faster than previously estimated in the second quarter, recording its fastest growth since 2015. The growth rate was 0.1% more than the “second” estimate released in August. In the first quarter, real GDP increased 1.2%. However, the report also advised that the momentum probably slowed in the third quarter as Hurricanes Harvey and Irma temporarily curbed activity. The Bureau reported that “the second‐quarter, increase in real GDP reflected increases in consumer spending on goods and services as well as increases in business investment, exports, and federal government spending.” The increase in
Featured Stock: GK
Please click below to view today’s Featured Stock. Weekly Picks 25.09.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.