Avino Silver & Gold Mines enters into $5M credit facility Avino Silver & Gold Mines (ASM) announced that its Mexican subsidiary has entered into a master credit facility with Caterpillar Finance (CAT) for up to $5M. The credit facility bears interest at rates ranging from 0%-4.95% per annum. Equipment leased under the credit facility has terms of 18 months-60 months. These terms are dependent on the company's requirements and equipment acquired.
Caterpillar sales trends suggest 'muted' 2015 outlook, says Wells Fargo Wells Fargo says Caterpillar's November retail sales trends were weak with growth trends decelerating from October in all segments. Wells believes weakening demand trends suggest Caterpillar may provide "a muted" outlook for 2015, and the firm stays below consensus with its 2015 expectations. Wells has a Market Perform rating on Caterpillar.