Home>Topics>>Genesis to offer financing to Zale shoppers with weak credit
Genesis to offer financing to Zale shoppers with weak credit
Reuters: Financials
Mon, 12 Nov 2012
Nov 12 (Reuters) - Zale Corp on Monday said that Genesis Financial Solutions will provide financing to some of its customers with low credit scores in a bid to avoid losing sales to customers turned down by Citibank, which issues the jeweler's private label credit cards.
Morningstar markets editor Jeremy Glaser digs into Microsoft's weak quarter, Google's unwelcome surprises, and brick-and-mortar retailers' continuing battle against their cyber rivals.
Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal.