Cash Advance News

Cutting the Cost of Doing Business
(ARA) - Small business will always be the backbone of the American economy, but some small business owners may feel left out when it comes to technology. It may seem that each new technological advance really only benefits big companies. (Sun, 11 May 2008 11:32:47 GMT)

More airlines begin charging for second piece of luggage
Here's advance warning. If you're flying somewhere and checking luggage, be prepared for extra delays. (Sun, 11 May 2008 05:02:31 GMT)

Banks test small-loan program
Bankers are taking a jab at the payday loan industry, with a little help from regulators. Payday lenders say they're not worried. (Sun, 11 May 2008 03:37:26 GMT)

Advertisement starts
U.S. economic weakness, focuses on prepaid services, where customers pay for calls in advance. Representatives for Helio and Virgin Mobile USA declined comment and an SK Telecom spokeswoman was not immediately available for comment. (Sun, 11 May 2008 02:05:08 GMT)

Payday loan initiative may falter, division among supporters
PHOENIX — An initiative drive to put the payday loan industry out of business in Arizona may falter because of a split among supporters. Members of an organization dubbed “Stop Payday Predators’’ announced Friday they are no longer backing the initiative. (Sat, 10 May 2008 21:22:43 GMT)

Trapped by Web loan with the 842% interest rate
Rochelle Parker needed money for Christmas gifts and medicine, so she went online and found a Web site promising easy money. After a few key punches she was zapped a $300 loan -- but there was a catch. (Sat, 10 May 2008 16:15:57 GMT)

Stocks decline as AIG reveals need for cash, oil surges
NEW YORK -- Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week. (Sat, 10 May 2008 11:22:49 GMT)

Stocks decline as AIG reveals need for cash, oil surges
Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. (Sat, 10 May 2008 10:59:20 GMT)

Stocks Decline as AIG Reveals Need for Cash
Wall Street retreated Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices (Fri, 09 May 2008 19:14:21 GMT)

Stocks decline as AIG reveals need for cash, oil surges
Wall Street retreated Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices. The Dow Jones industrial average at times gave up more than 100 points. (Fri, 09 May 2008 16:15:51 GMT)

Stocks decline as AIG reveals need for cash, oil surges
Wall Street headed for a lower open Friday after the world's largest insurer reported a wider-than-expected loss for the first quarter, rekindling investors' anxiety about the strained state of the global financial system. (Fri, 09 May 2008 15:54:25 GMT)

Stocks decline as AIG reveals need for cash, oil surges
NEW YORK -- Wall Street fell sharply early Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices. The Dow Jones industrial average at times lost more than 100 points. (Fri, 09 May 2008 15:33:43 GMT)

Stocks open lower as AIG reveals need for cash, oil surges
Wall Street fell sharply early Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices. (Fri, 09 May 2008 13:53:08 GMT)

Stock head for lower open after AIG reveals need for cash
Wall Street headed for a lower open Friday after the world's largest insurer reported a wider-than-expected loss for the first quarter, rekindling investors' anxiety about the strained state of the global financial system. Oil prices also advanced further into record territory, coming close to $126 and stirring unease about rising inflation. (Fri, 09 May 2008 13:25:40 GMT)

Windstream Reports Higher Revenue, Cash Flow in First Quarter
LITTLE ROCK, Ark.----Windstream Corporation delivered a strong financial performance in the first quarter, posting higher revenue and operating cash flow. The company also repurchased approximately 8.4 million shares for $100 million during the quarter as part of a $400 million share repurchase plan authorized by the board of directors in February. (Fri, 09 May 2008 11:01:00 GMT)

Super Poll Friday
How will Kimmo Timonen's loss affect the Flyers-Penguins series? 1. The Pens will cash in on the Flyers' misfortune and advance. (Fri, 09 May 2008 08:29:01 GMT)

Payday lending bill is on hold
Credit counselors and others testified for an hour Thursday before a House subcommittee about problems created by payday lending, but a bill to restrict the two-week, high-interest loans will have to wait for a vote. About two weeks. S.C. Rep. Harry Cato, R-Greenville, chairman of the House Commerce Committee, said his banking subcommittee has agreed to consider another bill next week and will ... (Fri, 09 May 2008 04:19:49 GMT)

Australian Dollar Heads for Weekly Advance; New Zealand's Falls
May 9 (Bloomberg) -- The Australian dollar headed for a second weekly gain after the central bank raised its forecast for inflation in a quarterly policy statement today. New Zealand's currency headed for a weekly loss. (Fri, 09 May 2008 03:14:35 GMT)

Foot buzz: Police probe Steaua's Euro cash 'bonus'
BUCHAREST: Five people were arrested here on Wednesday after police found a suitcase containing E 1 million (RM4.93 million) in cash reportedly put up by Steaua Bucharest in a bid to help them win the title. (Fri, 09 May 2008 00:48:10 GMT)

Shoppers stick to necessities in April; Wal-Mart sales up
Apparel chains struggled through another dismal month in April as they tried to bring in cash-strapped shoppers, but discounters fared well as consumers hungered for bargains to buy necessities. (Thu, 08 May 2008 16:20:29 GMT)

Global Cash Access earnings fall 78 percent on Arriva charge
Global Cash Access Holdings Inc., which provides ATMs for the gaming industry, said Thursday its first-quarter earnings fell 78 percent due to losses from discontinued operations and a slowdown in the gaming market. (Thu, 08 May 2008 13:47:46 GMT)

Stocks Decline in Europe and Asia; U.S. Index Futures Advance
May 8 (Bloomberg) -- Stocks dropped in Europe and Asia after companies from Toyota Motor Corp. to Munich Re and InBev NV reported profit that missed analysts' estimates, central banks in Europe kept interest rates on hold and oil prices traded near a record. U.S. index futures increased. (Thu, 08 May 2008 13:25:40 GMT)

Global Cash Access Announces First Quarter 2008 Financial Results
LAS VEGAS----Global Cash Access Holdings, Inc. today announced preliminary, unaudited financial results for the quarter ended March 31, 2008. (Thu, 08 May 2008 13:00:00 GMT)

Payday lenders fight bill
Like a cornered dog, the payday-lending industry in Ohio is fighting hard for survival in the Ohio legislature. (Thu, 08 May 2008 12:19:31 GMT)

California, Santa Cruz voters still throw cash at primary race
As the presidential candidates ran pricey television ad after pricey TV ad in Indiana and North Carolina in advance of Tuesday's primary, it was California checks they were cashing. (Thu, 08 May 2008 08:52:04 GMT)

Payday loan cap goes to the governor
The New Hampshire House has voted essentially to put the payday loan industry out of business by the end of the year. ... (Thu, 08 May 2008 08:14:09 GMT)

Police: Woman robs store in Comstock Twp
Police in Kalamazoo County are on the lookout for a woman who they say robbed an Approved Cash Advance store. (Thu, 08 May 2008 06:19:23 GMT)

Ohio considering payday loan interest cap
Following New Hampshire's lead, Ohio is considering capping payday lending loans at 28 percent. If the interest rate is capped, it will cause problems for those who borrow and those who lend. FOX Toledo's Shaun Hegarty reports. (Thu, 08 May 2008 05:24:15 GMT)

Live Music Guide
ALLEY KATZ -- 10 Walnut Alley, 643-2816. Kevin Bedkley, Buck Nasty, Knuckle Puck and Buried Among Us, 5 p.m. Friday, all ages, $7 in advance, $8 at door. Envy Insane, Sematic, Permanent Ascent and Switch 56, 10 p.m. Friday, $10. This Time It's War, A Stained Glass Romance, Every Bridge Burned, The Hottness and Across Five Aprils, 2 p.m. Saturday, $12 in advance, $14 at door. Cadillac Rock Box, ... (Thu, 08 May 2008 04:16:18 GMT)

Final step taken to cap interest in payday loan
CONCORD -- The House of Representatives took the final key step needed to adopt a interest rate cap on short-term loans given to consumers. ... - By KEVIN LANDRIGAN Staff Writer (Thu, 08 May 2008 04:13:36 GMT)

Hilltoppers edge Central to advance to soccer final
Science Hill’s soccer team finds itself in a familiar position, but won’t be facing its familiar foe. Johnny Campbell and Jay Lauderback each scored in the first 121⁄2 minutes and the Hilltoppers held on for a 2-1 victory in a Distirict 1-AAA semifinal Wednesday night at Steve Spurrier Field. (Thu, 08 May 2008 03:08:47 GMT)

Cash Store Financial releases Third Quarter results; declares dividend on continued positive performance
The Cash Store Financial Services Inc. today announced its results for the three and nine month periods ended March 31, 2008. (Wed, 07 May 2008 23:20:00 GMT)

ARC Energy Trust announces first quarter 2008 results, including record production volumes and cash flow and a 20 per ...
AET.UN and ARX - TSX) ARC Energy Trust announces the results for the first quarter ended March 31, 2008, including record production volumes and cash flow and a 20 per cent increase in distributions. (Wed, 07 May 2008 23:02:00 GMT)

N.H. House sends payday loan interest rate cap to governor despite industry opposition
Norma Love May 7, 2008 - 2:18 p.m. CONCORD, N.H. (AP) - New Hampshire is poised to cap payday lending, a move the industry says will put it out of business in the state. (Wed, 07 May 2008 18:44:58 GMT)

N.H. House sends payday loan interest rate cap to governor
New Hampshire is poised to cap payday lending, a move the industry says will put it out of business in the state. The House voted Wednesday to send a bill to Gov. John Lynch that sets a 36 percent interest rate cap on all small loans. (Wed, 07 May 2008 18:18:27 GMT)

N.H. House Sends Payday Loan Cap To Governor
CONCORD, N.H. -- New Hampshire is poised to cap payday lending, a move the industry said will put it out of business in the state. The House voted Wednesday to send a bill to Gov. John Lynch that sets a 36 percent interest rate cap on all small loans. (Wed, 07 May 2008 16:32:19 GMT)

Legislature cracks down on payday lenders
The House today put the final nail in the coffin of New Hampshire's payday lending industry. Gov. Lynch will sign the bill that effectively closes their doors on January 1. (Wed, 07 May 2008 16:15:18 GMT)

N.H. House sends payday loan interest rate cap to governor
New Hampshire is poised to cap payday lending, a move the industry says will put it out of business in the state. (Wed, 07 May 2008 16:05:25 GMT)

Enbridge profit rises, projects advance
Enbridge Inc's first-quarter profit rose more than 10 percent as its base business grew, while it advanced key pipeline projects, Canada's No. 2 pipeline operator said on Wednesday. (Wed, 07 May 2008 12:02:00 GMT)

Payday lenders are generous to Shurtleff
Utah Attorney General Mark Shurtleff seeks a third four-year term this year, and he's looked to some old friends for much of his campaign fundraising like payday loan operators who charge an average of 500 percent interest annually. (Wed, 07 May 2008 06:33:58 GMT)

How To Handle a Cash Crunch
(ARA) - In the world of living paycheck to paycheck, unforeseen expenses create a very stressful situation. Whether the car breaks down, the water heater blows a leak or your dog needs emergency surgery from eating the hallway rug, finding a way to get out of the red gets harder every day. (Wed, 07 May 2008 02:21:36 GMT)

Cash Systems, Inc. to Announce First Quarter 2008 Results on May 12, 2008 Business Editors
(AP:LAS VEGAS--) (BUSINESS WIRE) _ May 06, 2008--Cash Systems, Inc. (NASDAQ:CKNN), a provider of cash access solutions for the gaming industry, today announced that it will host a conference call to discuss first quarter 2008 financial results on Monday May 12, 2008 at 5:00 pm ET. A press release with first quarter 2008 financial results will be issued after the market close that same day. (Tue, 06 May 2008 20:44:47 GMT)

Cash Systems, Inc. to Announce First Quarter 2008 Results on May 12, 2008
LAS VEGAS----Cash Systems, Inc. , a provider of cash access solutions for the gaming industry, today announced that it will host a conference call to discuss first quarter 2008 financial results on Monday May 12, 2008 at 5:00 pm ET. (Tue, 06 May 2008 20:01:00 GMT)

2,500 protest at Statehouse against payday-lending restrictions
An estimated 2,500 supporters of the payday-lending industry held a rally today at the Statehouse to urge the Ohio Senate to reject new legislation to regulate the industry. Speakers at the rallysaid such a law would drive 1,600 stores out of business and eliminate more than 6,000 jobs in Ohio. (Tue, 06 May 2008 18:16:30 GMT)

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SALINA, Kan. (AP) -- Salina City commissioners bar payday loan companies, tattoo parlors, pawn shops, and massage parlors from downtown -- where they all own property or run businesses. (Tue, 06 May 2008 17:46:50 GMT)

Report: Robbery & Possible Shooting at Payday Loan Business
AURORA - Aurora Police responded to a robbery attempt and possible shooting at a Check Into Cash store in Aurora at mid-morning Tuesday. (Tue, 06 May 2008 17:41:26 GMT)

Wall St recovery could be suckers' rally
The biggest rally in the Standard & Poor's 500 Index in more than four years is luring investors to equities from cash, just as options traders are betting the advance will evaporate. (Tue, 06 May 2008 17:06:12 GMT)

Hundreds Protest Payday Lending Bill
As lawmakers debate a bill that would cap interest rates for payday lenders, hundreds opposing the bill gather at the Ohio Statehouse. (Tue, 06 May 2008 16:45:34 GMT)

Armed robber hits cash-advance store on Westnedge Avenue
BY REX HALL JR. PORTAGE -- A payday-advance store was robbed at gunpoint Monday in Portage, police said. (Tue, 06 May 2008 15:01:41 GMT)

Monsanto's Strong Cash Position Allows it to Extend Competitive Lead, Return Value to Shareowners and Farmers
Monsanto Company's strong operating cash position gives it the resources to extend its competitive lead, Monsanto's Chief Financial Officer and Executive Vice President, Terry Crews will tell investors tomorrow. (Tue, 06 May 2008 12:00:00 GMT)

Businesses not desired downtown
The Salina Planning Commission and the Salina Downtown Inc. board of directors had voted unanimously to recommend that the city require tattoo parlors, pawn shops, payday loan companies and massage parlors to go through a review process before being allowed downtown. (Tue, 06 May 2008 10:24:07 GMT)

Ban payday loans? Big mistake.
Fed up with politicians incapable of balancing budgets? Well, now state legislatures across the country want to take a crack at balancing your checkbook – whether you like it or not. (Tue, 06 May 2008 08:00:00 GMT)

Credit Cash Announces Loans to Large Merchants Based on Future Credit Card Receipts
Credit Cash ( http://www.credit-cash.com ) provides innovative financing for companies with credit card revenues exceeding $600,000 per year. Our managers have over 100 years of combined finance experience and our programs are customized to meet individual needs. (PRWeb May 6, 2008) Read the full story at http://www.prweb.com/releases/merchantcashadvance/creditcardfunding/prweb910084.htm (Tue, 06 May 2008 07:41:23 GMT)

Credit Cash Announces Loans to Large Merchants Based on Future Credit Card Receipts
Credit Cash (http://www.credit-cash.com) provides innovative financing for companies with credit card revenues exceeding $600,000 per year. Our managers have over 100 years of combined finance experience and our programs are customized to meet individual needs. (Tue, 06 May 2008 07:01:00 GMT)

Drive to curtail payday loan industry is altered
Phoenix - An initiative drive to put the payday loan industry out of business in Arizona may falter because of a split among supporters. Members of an organization dubbed Stop Payday Predators announced Friday they are no longer backing the initiative. (Tue, 06 May 2008 04:03:37 GMT)

China's 'soft power' blitz no major concern: US study
Cash-flush China may be winning allies and displacing American influence by ramping up foreign investments and disbursing aid with no strings attached, but a US congressional study says Washington need not lose sleep over it. (Tue, 06 May 2008 02:18:12 GMT)

Keep out: Pay day loans, massage and tattoo parlors
DARRIN STINEMAN The Salina Planning Commission and the Salina Downtown Inc. board of directors had voted unanimously to recommend that the city require tattoo parlors, pawn shops, payday loan companies and massage parlors to go through a review process before being allowed downtown. (Tue, 06 May 2008 01:38:47 GMT)

Ban payday loans? Big mistake.
A high-interest loan is better than a bounced check. (Mon, 05 May 2008 21:59:34 GMT)

Sebi allows cross margining to institutions in cash, derivatives
After margining of institutional trades in the cash market, the Securities and Exchange Board of India has allowed cross margining across cash and derivatives markets. (Mon, 05 May 2008 21:44:15 GMT)

Sebi allows cross margining to institutions in cash, derivatives
After margining of institutional trades in the cash market, the Securities and Exchange Board of India (Sebi) has allowed cross margining across cash and derivatives markets. (Mon, 05 May 2008 21:33:10 GMT)

Canada's Dollar Gains Most in Two Weeks as Commodities Advance
May 5 (Bloomberg) -- The Canadian dollar rose the most in two weeks after crude oil surged to a record, bolstering prospects for the nation's exports. (Mon, 05 May 2008 20:17:45 GMT)

School gets waterless urinals: Advance Management donates to J.Q. San Miguel
Advance Management Inc. donated and installed four Falcon water-free urinals at J. P. San Miguel Elementary School yesterday. (Mon, 05 May 2008 17:16:12 GMT)

Family First Federal Credit Union to Help Members Avoid Payday Loan Pitfalls with the Launch of Instacash
Family First Federal Credit Union today launched Instacash, a short-term loan designed to assist members who need cash quickly. Instacash has lower fees and interest rates than other commonly used methods such as PayDay Loans. (Mon, 05 May 2008 14:42:46 GMT)

Merchant Cash Advance Info Blog Launched by AdvanceMe
AdvanceMe, Inc., the nation's leading provider of Merchant Cash Advances for small and mid-sized businesses, announced today the launch and creation of its Merchant Cash Advance Info Blog. (Mon, 05 May 2008 13:00:00 GMT)

Nigeria: Yobe Changes Mind On Sponsorship to Jerusalem
Christian pilgrims in Yobe state who were hitherto promised sponsorship to Jerusalem were surprised to notice a reversal by governor Maman Ali as the Yobe State Pilgrims Commission has directed the pilgrims from the seventeen local government areas of the state to go and collect the advance payment of N50, 000 they made to the commission. (Mon, 05 May 2008 12:02:32 GMT)

`Suckers' Rally' Signaled After S&P 500 April Surge (Update1)
May 5 (Bloomberg) -- The biggest rally in the Standard & Poor's 500 Index in more than four years is luring investors to equities from cash, just as options traders are betting the advance will evaporate. (Mon, 05 May 2008 07:08:08 GMT)

Fed action brings cash for student loan market
Action taken by the Federal Reserve on Friday targeting the global credit crisis, in concert with European central banks, included an injection of cash into the stricken student loan market through a special lending operation. (Mon, 05 May 2008 06:12:32 GMT)

Check-cashing store sues Greenville
A Pleasantburg Drive check-cashing store has sued the city over a new law that forces dozens of similar title loan, cash advance and payday lending businesses to move out of commercial-zoned areas when their leases expire. (Mon, 05 May 2008 06:04:00 GMT)

States, churches take aim at payday lenders
MULLINS -- Kathryn Gales was a 56-year-old widow when she made a series of decisions that left her without a car and hundreds of dollars in debt to payday lenders. (Mon, 05 May 2008 04:14:53 GMT)

PrepArts briefs for Monday, May 5
Music students to perform Pink Floyd songs SAN MARCOS ---- Students from the Vista branch of the Paul Green School of Rock will perform songs from Pink Floyd's "The Wall" at 7 p.m. May 9 and 2 p.m. May 10 at The Jumping Turtle, 1660 Capalina Road. Tickets are $8 in advance; $10 at the door. All ages welcome. Information: (760) 415-6219, vista@schoolofrock.com. (Mon, 05 May 2008 02:20:44 GMT)

Advance Energy Announces 2008 Hedging Program (AVD.AX, 00839063, 20080505)
Advance Energy announced its additional risk management activities. Further hedged oil production volumes of 1,000 Barrels of oil per month have been negotiated. The Company has hedged these volumes for twenty four months beginning 1 June 2008 using various options with a floor price of $95 per barrel and a ceiling of $105 per barrel. The Company has also purchased an additional call option at ... (Sun, 04 May 2008 22:23:00 GMT)

Moody’s: Fast lending pace advance, high current deficit - challenges for Romania
The fast lending pace advance, the high current account and the increased foreign debt are the main challenges that Romania confronts with, and the turmoil from the financial markets increased the likelihood as an external shock to induce difficulties over the next 12–18 months, according to Moody’s. (Sun, 04 May 2008 21:42:31 GMT)

Check store sues city
A Pleasantburg Drive check cashing store has sued the city over a new law that forces dozens of similar title loan, cash advance and payday lending businesses to move out of commercial-zoned areas when their leases expire. (Sun, 04 May 2008 19:48:58 GMT)

Insect Biotechnology Loses Chairman and CEO, Needs Some Cash
RESEARCH TRIANGLE PARK — Editor's note: RTP Beat is a regular feature on Thursdays. Founder, Chairman and Chief Executive John Bennett, Ph.D., has resigned from Insect Biotechnology Inc. (IBI), a product development company focused on pesticides and insect repellants. (Sun, 04 May 2008 13:26:51 GMT)

Armed men rob payday loan business
Two armed, masked men robbed a payday loan business in Ventura just after 10 a.m. Saturday, according to the Ventura Police Department. (Sun, 04 May 2008 07:10:21 GMT)

Asian stocks advance on banks, electronics as credit fears ease
Jakarta : Asian stocks rose this week, led by banks and consumer electronics makers, on speculation turmoil in global credit markets will ease. Mitsubishi UFJ Financial Group, Japan’s largest bank by assets, advanced. (Sun, 04 May 2008 05:10:16 GMT)

Bill puts heat on payday lenders
MULLINS — Kathryn Gales was a 56-year-old widow when she made a series of decisions that left her without a car and hundreds of dollars in debt to payday lenders. “I was stupid,” Gales says, sitting in the living room of her one-bedroom apartment. “I did it on my own, but it was a bad mistake. It just turned into a mess.” Gales’ debts were eliminated after her pastor intervened and a lawyer ... (Sun, 04 May 2008 04:21:09 GMT)

This time it's personal: cash advances hit by the crunch
The Bank of England says it can see light at the end of the tunnel for lending. But that will come as a big surprise to people looking to take out a personal loan. In the past few weeks, says financial analyst Moneyfacts, high-profile lenders have been raising their rates, sometimes by a whole percentage point. (Sat, 03 May 2008 23:17:09 GMT)

League: Anzac test cash worth fighting for
New Zealand's fight to have Brent Webb and Thomas Leuluai released to play in Friday's Centenary test has significant implications for future mid-season tests. (Sat, 03 May 2008 17:39:33 GMT)

Lender: Payday loan law will harm businesses, customers
NEWARK -- Melissa Lutz has an uneasy feeling she's well on her way to being out of a job. (Sat, 03 May 2008 11:07:32 GMT)

Oldtimers baseball banquet on May 21
The annual Sheboygan County Oldtimers Baseball Association banquet will be held Wednesday, May 21 at Klemmes Wagon Wheel in Howards Grove. A social with a cash bar will begin at 5:30 p.m. and the banquet will commence at 7. Members are encouraged to bring a guest. The cost of the meal will be $14 per person in advance and $16 at the door. Free beer and soda will be provided after the banquet. (Sat, 03 May 2008 09:05:35 GMT)

Fed action brings cash for student loan market
WASHINGTON — Action taken by the Federal Reserve on Friday targeting the global credit crisis, in concert with European central banks, included an injection of cash into the stricken student loan market through a special lending operation. (Sat, 03 May 2008 07:12:58 GMT)

Some payday-loan foes drop initiative support
PHOENIX — An initiative drive to put the payday-loan industry out of business in Arizona may falter because of a split among supporters. (Sat, 03 May 2008 07:08:04 GMT)

Fed injects cash into student-loan market
WASHINGTON -- The Federal Reserve yesterday injected cash into the stricken student-loan market through a special lending operation. This was among several actions taken by the Fed, in concert with European central banks, aimed at easing the global credit crisis. Lawmakers and the student-loan industry have been pressing for such action by the central bank for weeks, as distress in the credit ... (Sat, 03 May 2008 04:39:45 GMT)

Cash Systems, Inc. Announces Receipt of Noncompliance Notices from NASDAQ
Cash Systems, Inc. Announces Receipt of Noncompliance Notices from NASDAQ 03/05/2008 00:24:00 Business Wire Cash Systems, Inc. (Sat, 03 May 2008 04:20:07 GMT)

Attorney General Sues Payday Lenders
LITTLE ROCK - Arkansas Attorney General Dustin McDaniel has filed lawsuits against about 20 payday lenders that he says are violating the state's constitution by charging high-interest loans. (Sat, 03 May 2008 01:44:03 GMT)

Cash Systems, Inc. Announces Receipt of Noncompliance Notices from NASDAQ
Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced that it received a letter from The NASDAQ Stock Market ("NASDAQ") on May 1, 2008 indicating that the Company failed to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4450(a)(5) because the bid price of its common stock closed under ... (Sat, 03 May 2008 00:41:21 GMT)

Cash Systems, Inc. Announces Receipt of Noncompliance Notices from NASDAQ
LAS VEGAS----Cash Systems, Inc. , a provider of cash access solutions for the gaming industry, today announced that it received a letter from The NASDAQ Stock Market on May 1, 2008 indicating that the Company failed to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4450 because the bid price of its common stock closed under $1.00 for the last ... (Sat, 03 May 2008 00:24:00 GMT)

Asia Stocks Advance This Week; Banks, Electronics Lead Rally
May 3 (Bloomberg) -- Asian stocks rose this week, led by banks and consumer electronics makers, on speculation turmoil in global credit markets will ease. (Fri, 02 May 2008 23:15:21 GMT)

Arkansas Attorney General Files Lawsuit Against Payday Loan Companies
Arkansas Attorney General Dustin McDaniel has filed four lawsuits against payday lenders that he says are violating the state's constitution by charging high-interest loans. (Fri, 02 May 2008 21:49:16 GMT)

Stocks give up steep gains that followed economic figures
By TIM PARADIS NEW YORK (AP) -- Wall Street gave up a sharp advance Friday as enthusiasm over a stronger-than-expected jobs report dissipated and as some investors appeared to cash in recent gains. (Fri, 02 May 2008 19:16:06 GMT)

Canadian Stocks Advance, Led By Research In Motion, Potash
May 2 (Bloomberg) -- Canadian stocks rose the most in two weeks, led by energy and materials producers, as surging crude-oil prices and better-than-expected results from Agrium Inc. (Fri, 02 May 2008 17:48:01 GMT)

Stocks give up steep gains (UPDATED: 10:40 a.m.)
NEW YORK (AP) — Wall Street gave up a sharp advance today as enthusiasm over a stronger-than-expected jobs report dissipated and as some investors appeared to cash in recent gains. (Fri, 02 May 2008 15:53:40 GMT)

U.S. Stocks Rally on Better-Than-Forecast Jobs Data, Fed Loans
May 2 (Bloomberg) -- U.S. stocks gained, bringing the market to its first three-week advance since October, as a better-than-forecast jobs report boosted optimism that the economy won't get much worse. (Fri, 02 May 2008 15:38:16 GMT)

U.S. Stocks Rally on Better-Than-Forecast Jobs Data, Fed Loans
May 2 (Bloomberg) -- U.S. stocks rallied, sending the market to its first three-week advance since October, as a better-than-forecast jobs report boosted optimism that employment will weather an economic slowdown. (Fri, 02 May 2008 14:53:08 GMT)

U.S. stocks rally on jobs report
Citigroup led financial shares to their highest level since February as the Federal Reserve increased a cash-loan program. (Fri, 02 May 2008 14:06:19 GMT)

Nortel Networks, Agrium May Advance on Earnings; RIM May Gain
May 2 (Bloomberg) -- Nortel Networks Corp. may gain, based on bids on the Toronto Stock Exchange, after North America's biggest maker of phone gear reported better-than-expected quarterly revenue and a smaller loss than analysts forecast. (Fri, 02 May 2008 14:03:05 GMT)

U.K. Stocks Rally, Led by RBS; Whitbread, Wolseley Advance
May 2 (Bloomberg) -- U.K. stocks climbed for the first time in five days, led by Royal Bank of Scotland Group Plc after the Daily Telegraph reported TPG Inc. may bid for the lender's insurance unit. (Fri, 02 May 2008 13:50:31 GMT)

U.S. Stock Futures Advance on Better-Than-Forecast Jobs Data
May 2 (Bloomberg) -- U.S. stock-index futures extended gains after employers cut fewer jobs than economists had forecast in April, boosting optimism that the labor market will weather an economic slowdown. (Fri, 02 May 2008 12:38:28 GMT)

Food banks quit payday fight
The Ohio Association of Second Harvest Food Banks withdrew from a fight for tougher payday loan regulations after being pressured by a national payday company that gave $500,000 to its parent organization. (Fri, 02 May 2008 10:33:31 GMT)

London mid-morning: Insurers lead advance
Weak features are few and far between as London follows Wall Street's lead, with insurers spearheading the advance on reports that German insurance group Allianz is sizing up its UK rivals. (Fri, 02 May 2008 10:14:00 GMT)

Payday lending interest rates capped
COLUMBUS -- The Ohio House passed legislation capping interest rates and adding other regulations to the payday lending industry -- but not before threatening to include a ban on Keno gaming in the state. (Fri, 02 May 2008 08:23:23 GMT)

Food banks group bows to donor's pressure on payday-lending bill
The Ohio Association of Second Harvest Food Banks withdrew from a fight for tougher payday-loan regulations after being pressured by a national payday company that gave $500,000 to its parent organization. (Fri, 02 May 2008 02:48:31 GMT)

More than $20,000 allegedly stolen
One person has been arrested and another is being sought for allegedly stealing more than $20,000 from First American Cash Advance in Forrest City. Sonya Hastings, 29, of 12 SFC 405, Forrest City, is charged with theft of property over $2,500. (Thu, 01 May 2008 18:56:31 GMT)

MARKET TALK:CME Hogs Tumble On Cash Quotes, Pre-Roll, Stops
1209 EDT [Dow Jones] - CME hogs continued lower on generally bearish cash hog prices and word that packers will cut Saturday's kill because of unprofitable margins. (Thu, 01 May 2008 17:41:32 GMT)

NewsWatch: U.S. stocks advance as market ponders Fed words
U.S. stocks tilt higher after a choppy start as inventors contend with a mixed stream of economic data and Exxon Mobil Corp.'s nearly $11 billion in earnings, which had the oil giant's per-share profits falling under expectations. (Thu, 01 May 2008 16:23:51 GMT)

House passes payday lending bill
After months of controversy over three bills in the Ohio House aimed at regulating payday lenders, legislators joined to pass a fourth one in about 24 hours. (Thu, 01 May 2008 15:31:06 GMT)

Cash Store Financial to Hold Third Quarter Conference Call May 8th, 2008
The Cash Store Financial Services Inc. today announced that it will hold its management conference call with shareholders, analysts and institutional investors to discuss its third quarter results for the three and nine month period ended March 31st, 2008 on Thursday, May 8th, 2008 at 11:00 a.m. (Thu, 01 May 2008 14:56:00 GMT)

Payday Lending Bill Passes Ohio House
After months of hearings and debate, the Ohio House of Representatives has passed new regulations to tighten control on payday lenders. (Thu, 01 May 2008 13:59:17 GMT)

Mesa again considers payday loan store locales
Mesa leaders are attempting to once again dictate the location of payday loan stores, which are generously scattered around town and have clustered in groups of four on some corners. (Thu, 01 May 2008 13:39:55 GMT)

Bill to crimp payday lenders
The Ohio House passed one of the toughest payday-lending bills in the nation Wednesday despite last-minute political jockeying. (Thu, 01 May 2008 09:35:33 GMT)

Australian, N.Z. Dollars Advance on Widening Rate Advantage
May 1 (Bloomberg) -- The Australian dollar rose to near a 24-year high and the New Zealand dollar gained the most in more than a week as the nations' interest-rate advantage over the U.S. widened after the Federal Reserve cut borrowing costs. (Thu, 01 May 2008 07:04:39 GMT)

Law Would Crackdown On Payday Loan Interest Rates
Some have called the payday loan industry "legalized loan-sharking." On Wednesday the Ohio House of Representatives passed a bill that restricts the amount of interest these business can charge. (Thu, 01 May 2008 04:30:53 GMT)

Law Would Crackdown On Payday Loan Interest Rates
Some have called the payday loan industry "legalized loan-sharking." (Thu, 01 May 2008 04:24:50 GMT)

Up Next
upnext MAYMONT COCKTAIL CLASSIC May 9. Maymont's Dooley Noted Society throws a "Rio de Janeiro Carnival" bash, with signature cocktails at a cash bar, hors d'oeuvres provided by local hot spots, Latin dancing and more, 6:30-10:30 p.m. at Robins Nature & Visitor Center, 2201 Shields Lake Drive. $15 in advance, $20 at door. 358-7166, ext. 310. FRIDAY CHEERS -- May 9. 24th season of the downtown ... (Thu, 01 May 2008 04:16:59 GMT)

House bill caps payday loans at 28%
COLUMBUS -- The Ohio House passed legislation capping interest rates and adding other regulations to the payday lending industry -- but not before threatening to include a ban on keno gaming in the state. (Thu, 01 May 2008 03:58:52 GMT)

Payday-lending bill passes Ohio House
A bill that consumer advocates say would become a national model for payday-lending regulation passed a divided Ohio House today, despite industry warnings that it would drive their 1,600 stores out of business. (Thu, 01 May 2008 01:48:31 GMT)

House lawmakers pass one of toughest caps on payday lending
One of the nation's strictest proposed crackdowns on payday lending cleared the Ohio House Wednesday, backed by Republicans and Democrats who believed the protection of consumers would far outweigh job losses should the industry shut down. (Thu, 01 May 2008 00:09:26 GMT)

Money Mart welcomes New Brunswick payday loan law
National Money Mart Company, a subsidiary of Dollar Financial Corp and Canada's leading convenience financial service provider today welcomed the New Brunswick government passing new payday loan legislation that will balance strong consumer protection with a viable payday loan industry. (Wed, 30 Apr 2008 19:42:00 GMT)

Community Financial Services Association of America Voices Support for Closing Loopholes in 2005 Payday Loan Bill
The Community Financial Services Association of America today voiced its support for closing loopholes in the Payday Loan Reform Act of 2005, which would achieve durable, sustainable reform. (Wed, 30 Apr 2008 19:21:00 GMT)

pSivida Quarterly Cash Flow - March 31, 2008 Commentary and Highlights
pSivida Limited (NASDAQ: PSDV)(ASX: PSD)(FSE: PSI) announced the filing of its Quarterly Cash Flow Statement for the quarter ended March 31, 2008 with the ASX. (Wed, 30 Apr 2008 13:00:00 GMT)

U.K. Stocks Fall, Led by Rio Tinto, BG; HSBC Shares Advance
April 30 (Bloomberg) -- U.K. stocks declined, led by Rio Tinto Group, as metals prices fell. BG Group Plc dropped after the region's third-largest oil company made an unsolicited $A12.9 billion ($12 billion) bid for Australia's Origin Energy Ltd. (Wed, 30 Apr 2008 12:05:51 GMT)

Man Robs Cash Advance Store
Police searching for suspect. (Wed, 30 Apr 2008 11:58:26 GMT)

Ohio bill could Lower Payday Loan Cap
Some new protection may be coming for families who turn to Payday Lenders to get from one paycheck to the next. State Representative Bob Hagan of Youngstown is sponsoring one of three lending bills that'll be considered by the House committee on Financial Institutions, Real Estate, and Securities. (Wed, 30 Apr 2008 10:56:32 GMT)

GOP bill stuns payday lenders
After months of debate over whether to cap payday-lending interest rates at 36 percent, House Republican leaders tossed a sharp curveball yesterday by proposing a 28 percent cap. (Wed, 30 Apr 2008 10:46:36 GMT)

Art centre cash boost
THE Moray Art Centre was revealed earlier this month as being among three groups chosen to receive a cash payout from the Lloyds TSB Foundation. (Wed, 30 Apr 2008 10:31:04 GMT)

Ohio GOP lawmakers aim to cap payday loan rates at 28 percent
Columbus- In a stunning turn, Ohio House Republicans will offer a stringent payday lending bill today capping loan interest rates at 28 percent annually, below the 36 percent cap that supporters of new industry restrictions had sought. (Wed, 30 Apr 2008 08:43:50 GMT)

Ohio bill could lower payday loan cap to 28%
COLUMBUS: In a surprise move Tuesday, House Republicans introduced legislation that would cap the annual percentage rate charged on payday loans at 28 percent. (Wed, 30 Apr 2008 05:48:40 GMT)

Athens Cash Advance store robbed
Police in Tennessee and Alabama are still looking for a robbery suspect. The same person hit both states in one afternoon. (Wed, 30 Apr 2008 03:57:09 GMT)

St. Johns cash advance business robbed
ST. JOHNS - Authorities are looking for a man who robbed a cash advance business today. (Tue, 29 Apr 2008 22:33:06 GMT)

Husted vows to pass payday lending reform
Speaker Jon Husted, R-Kettering vowed on Tuesday, April 29, that the House would pass legislation to reform payday lending "that is going to end the cycle of entrapment that consumers who've been using payday loans find themselves in." (Tue, 29 Apr 2008 19:53:39 GMT)

Bill would cap payday loan rate
Backers say the legislation will end a debt trap that has snared thousands of Ohioans who thought they needed a quick financial fix but ended up borrowing more and more. (Tue, 29 Apr 2008 19:21:22 GMT)

Armed robber holds up Athens cash advance
Athens police believe Monday’s armed robbery at a South Jefferson Street check cashing business is connected to three other robberies in Tennessee. (Tue, 29 Apr 2008 13:55:05 GMT)

US Cash Hogs Pre-Open: Steady-$1 Higher; Demand Remains Firm
KANSAS CITY (Dow Jones)--Cash hog prices in the Midwest Tuesday remain steady to $1 per hundredweight higher amid continued strong packer demand for hogs, buyers and traders said. (Tue, 29 Apr 2008 13:12:33 GMT)

Payday lenders fight 36 percent cap on interest
Payday lending is alive and doing fairly well in Ohio, but proponents of the short-term loan practice say things could go south quickly if the state legislature adopts a bill that would drastically reduce the amount lenders can charge for the service. (Tue, 29 Apr 2008 13:08:20 GMT)

Strickland backs payday lending interest rate cap
COLUMBUS — Gov. Ted Strickland wants to put a 36 percent annual interest rate cap on loans made by payday lending stores. (Tue, 29 Apr 2008 10:49:51 GMT)

Strickland backs cap on interest rates
COLUMBUS — Gov. Ted Strickland wants to put a 36 percent annual interest rate cap on loans made by payday lending stores. State Rep. Chris Widener, R-Springfield, chairman of the House committee considering payday lending restrictions, said Friday, April 25, that he is taking a different approach. (Tue, 29 Apr 2008 10:49:31 GMT)

Nonprofit to hold grant-writing seminar
The nonprofit Carolina Empowerment Center is holding a grant-writing seminar from 1 to 5 p.m. Wednesday at the Capital Senior Center, 1650 Park Circle, off Pickens Street. The seminar is $45 in advance, $50 at the door. The fee for nonprofits is $40. Group rates are available. Cash, checks, Visa and MasterCard are accepted. From staff reports (Tue, 29 Apr 2008 10:17:15 GMT)

Metro Loss Widens on Exchange Rates; Sales Advance (Update2)
April 29 (Bloomberg) -- Metro AG , Germany's largest retailer, said its first-quarter loss widened because of exchange-rate movements that affected euro-denominated loans. (Tue, 29 Apr 2008 08:40:32 GMT)

Payday lender says its profits dropped in first quarter
Spartanburg based Advance America Inc. reported a drop Wednesday in company revenues during the first quarter. The payday lender recorded revenues of 165.5 million, a 1.6 percent drop in comparison to the 168.1 million it posted during the same quarter last year. (Tue, 29 Apr 2008 05:29:18 GMT)

Payday lending reform should help consumers
While other states clamp down on payday lending, it's unclear what South Carolina will do: coddle the industry as it has since the late '90s, or enact tough rules that help borrowers escape deeper debt spawned by these so-called emergency loans. (Tue, 29 Apr 2008 05:01:18 GMT)