
While such maneuvers may be an attractive alternative to conventional check credit report online Spokane financing, they "should be check credit report online Spokane a carefully investigated decision," says Leonard Fischer, chief executive of BeneTrends Inc., North Wales, Pa., a small-business finance adviser specializing in tapping 401(k)s. One potential check credit report online Spokane downside: Should the franchise fail, the 401(k) money can be wiped out.
Also, financial experts suggest checking with a professional on possible tax implications.
Equifax, Inc. (NYSE: EFX - News) is finding new avenues for growth in the international, personal and commercial solution businesses, while its U.check credit report online Spokane S. consumer information solution business is also showing signs of improvement. check your credit history The company's growing reliance check credit report online Spokane on subscription income provides a steady revenue stream, and the TALX acquisition is accretive to its earnings.
Based on the company's year-to-date performance, current market trends check credit report online Spokane and management's expectations -- as well as a weak U.S. economic environment -- Equifax expects consolidated annual revenue growth to be check credit report online Spokane in the range of 9% to 12% for full-year 2008. Management expects adjusted EPS in the range of $2.48 to $2.58. free credit report website However, continued weakness in mortgage activity has resulted in a 7.8% decline in mortgage-related revenues in 2007. Shares of Equifax are currently trading at a P/E multiple of 13.7x check credit report online Spokane our 2008 EPS estimate of $2.54. Though the acquisition of TALX Corporation is expected to expand margins, this will come with increased execution risk. We believe that the stock will perform in line with the broader equity market over the near-term. Over the last six years, EFX has traded in a range of 14x to 20x forward earnings. Given the challenging market for equities, we continue to expect that the stock will trade at the low-end of this range. Thus, we maintain a Hold recommendation on EFX shares with a six-month target price of $36.50 given its sensitivity to the credit market. Our new target price of $36.50 represents a multiple of 14.4x our 2008 EPS estimate, a discount to the industry mean and S&P 500. free credit report instantly Aside from Visa (V) or Mastercard (MA), it doesnt seem check credit report online Spokane as if the credit card issuers have been getting the attention they deserve. With all of the panic and concern surrounding the brokers and builders, perhaps plates are too full to take on any more.
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