U.S. small business borrowing stalls in March By Ann Saphir May 1 (Reuters) — Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed. The Thomson Reuters/PayNet Small Business Lending Index for March registered 134, down 1 percent from last March. The index was up 4 percent from February, which had four fewer working days. Doesn’t seem to scale very well… ;) Tesla said net loss attributable to common shareholders widened to 0.3 million in the first quarter ended March 31, from 2.3 million a year earlier. On a per-share basis, net loss narrowed to .04 per share from .13 per share. Excluding items, the company lost .33 per share. Analysts on average had expected a loss of 81 cents per share, according to Thomson Reuters I/B/E/S. Revenue more than doubled to .70 billion from .15 billion, and edged past analysts’ average expectation of .62 billion.
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes RBA policy is putting all our futures at risk
Merijn T. Knibbe writes ´Extra Unordinarily Persistent Large Otput Gaps´ (EU-PLOGs)
Peter Radford writes The Geology of Economics?
John Quiggin writes Suggestions for a small experiment
U.S. small business borrowing stalls in March
By Ann Saphir
May 1 (Reuters) — Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed.
The Thomson Reuters/PayNet Small Business Lending Index for March registered 134, down 1 percent from last March. The index was up 4 percent from February, which had four fewer working days.
Doesn’t seem to scale very well…
;)
Tesla said net loss attributable to common shareholders widened to $330.3 million in the first quarter ended March 31, from $282.3 million a year earlier. On a per-share basis, net loss narrowed to $2.04 per share from $2.13 per share.
Excluding items, the company lost $1.33 per share. Analysts on average had expected a loss of 81 cents per share, according to Thomson Reuters I/B/E/S.
Revenue more than doubled to $2.70 billion from $1.15 billion, and edged past analysts’ average expectation of $2.62 billion.