Cash Advance News Mar 2007

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Pitt Women Advance In NCAA Basketball Tourney
Marcedes Walker scored 20 points and 15 rebounds as Pittsburgh beat James Madison 71-to-61 to win the first N-C-A-A women's basketball victory in school history. (Mon, 19 Mar 2007 05:31:07 GMT)

Payday loan reform bill back
An effort to reform the payday-loan industry has been resurrected at the state Legislature. (Mon, 19 Mar 2007 06:37:45 GMT)

Japanese Stocks Gain; Toyota, Exporters Rise as Yen Declines
March 19 (Bloomberg) -- Japanese stocks rose after the yen reversed an earlier advance against the dollar and euro, easing concern the value of overseas sales will drop at exporters. Toyota Motor Corp. led gains. (Mon, 19 Mar 2007 07:02:41 GMT)

Payday lenders could be restricted
PHOENIX — The state's payday lenders have agreed to sharp new curbs on their practices and fees in exchange for ensuring they are not forced out of business in three years. (Mon, 19 Mar 2007 07:21:31 GMT)

European Stocks May Rise; Altadis, BHP Billiton Might Advance
March 19 (Bloomberg) -- European stocks might advance on speculation that takeovers will increase in the banking, tobacco and travel industries. (Mon, 19 Mar 2007 07:54:46 GMT)

Payday lenders will end loans to military
SACRAMENTO, March 19 (COPLEY NEWS SERVICE): Military personnel seeking quick cash may soon find one reliable source off limits. Large players in the payday loan industry are withdrawing from the military market nationwide, and many are planning to quit lending to soldiers and sailors in California starting Jan. 1, if not sooner. (Mon, 19 Mar 2007 09:14:43 GMT)

U.S. Stock-Index Futures Rise; Citigroup and Qualcomm Advance
March 19 (Bloomberg) -- U.S. stock-index futures rose on speculation last week's decline was overdone. Citigroup Inc., the biggest U.S. bank, and Wal-Mart Stores Inc., the world's largest retailer, gained in Europe. (Mon, 19 Mar 2007 12:19:18 GMT)

Canadian Stocks May Advance on Speculation Taxes Will Be Cut
March 19 (Bloomberg) -- Canadian stocks may rise as investors speculate the government will propose measures in a budget today to reduce the taxation of gains on sales of assets. (Mon, 19 Mar 2007 13:31:27 GMT)

Police looking for clues in morning robbery
A suspect ran off with an undisclosed amount of money this morning during a robbery at Advance America Cash Advance, 3539 Apalachee Parkway. Officer David McCranie, newly appointed spokesman for the Tallahassee Police Department, said the robbery happened at 9:35 a.m. A man, armed with a gun, demanded money from one of the employees. McCranie said there were no customers in the business at the ... (Mon, 19 Mar 2007 13:53:03 GMT)

U.S. Stocks Rise on Takeovers; ServiceMaster, Freeport Advance
March 19 (Bloomberg) -- U.S. stocks rose as takeovers bolstered perceptions that equities remain inexpensive relative to earnings and traders increased bets that the Federal Reserve will cut interest rates. (Mon, 19 Mar 2007 14:04:18 GMT)

Camden eyes confiscated guns and cash
CAMDEN â€” Selectmen will be asked tonight, March 19, if they would be willing to accept cash and guns owned by local businessman Steven Dunn, if a court were to order the property to be forfeited. (Mon, 19 Mar 2007 20:08:21 GMT)

Delta workers get cash for sacrifice
After weathering years of cutbacks and anxiety, a typical Delta Air Lines ground worker or flight attendant will get nearly $13,000 in cash and stock when the airline emerges from Chapter 11 this spring, the company said Monday. • Amounts that Delta employees will get (Tue, 20 Mar 2007 05:07:30 GMT)

Workers get big slice of Delta cash payouts
After weathering years of cutbacks and anxiety, a typical Delta Air Lines ground worker or flight attendant will get nearly $13,000 in cash and stock when the airline emerges from Chapter 11 this spring, the company said Monday. (Tue, 20 Mar 2007 06:07:21 GMT)

Today's Agenda
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to newscalendar@MiamiHerald.com . No faxes, please. For a complete list of today's events, go to www.MiamiHerald.com . (Tue, 20 Mar 2007 07:03:41 GMT)

City adopts payday loan regulations
The Overland Park City Council on Monday night agreed to rein in payday loan stores, which have more than tripled in the region’s biggest suburb since 2005. (Tue, 20 Mar 2007 07:17:12 GMT)

New life for payday-loan industry bill
An effort to reform the payday-loan industry has been resurrected at the state Legislature. (Tue, 20 Mar 2007 07:32:15 GMT)

Business seeks Falls permit
In spite of concerns over the lending practices of payday loan businesses, City Council's planning committee voted Monday to place a request by Ace Cash Express on council's agenda next week. (Tue, 20 Mar 2007 07:42:13 GMT)

Man pleads guilty in payday loan store robberies
A 29-year-old Wisconsin Rapids man who officials said used a gun to hold up two payday loan stores in Wisconsin Rapids last year pleaded guilty in Wood County Circuit Court. (Tue, 20 Mar 2007 08:59:04 GMT)

European Bank Stocks Advance; ABN Amro Gains, Suedzucker Drops
March 20 (Bloomberg) -- European bank stocks rose for a second day after Barclays Plc said it's in talks to buy ABN Amro Holding NV in what would be the world's largest financial- services acquisition. Regional benchmarks were little changed. (Tue, 20 Mar 2007 09:09:46 GMT)

Potential buyers check out property
Nationwide interest in the Orlando complex swells in advance of an April 5 auction. The former Church Street Station in downtown Orlando, headed for a bankruptcy auction next month, is drawing nationwide interest from prospective buyers, an attorney for the owner said Monday in U.S. Bankruptcy Court. (Tue, 20 Mar 2007 09:55:43 GMT)

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Website Content Undergoing Legal Review Prior to Deployment
Esprit Financial Group Inc. www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub-prime market. (Tue, 20 Mar 2007 12:00:00 GMT)

California Check Cashing Stores and Golden Gate Capital Acquire Fast Cash Stores, Inc
OAKLAND, Calif.----California Check Cashing Stores and Golden Gate Capital, a San Francisco-based private equity firm with $3.4 billion under management, today announced the acquisition of Fast Cash Stores, Inc. (Tue, 20 Mar 2007 13:17:00 GMT)

Techs scratch out gains
Technology shares paced a modest advance Tuesday morning as investors eyed the latest corporate deals and a strong report on housing starts, ahead of the start of the two-day Federal Reserve policy meeting. (Tue, 20 Mar 2007 15:18:27 GMT)

Stocks advance ahead of Fed meeting
Wall Street advanced modestly Tuesday, cautious about how the Federal Reserve will characterize its stance on interest rates and inflation, but relieved that housing construction bounced back in February. (Tue, 20 Mar 2007 15:25:46 GMT)

Stocks recharge advance
Stocks gained early Tuesday afternoon as investors welcomed a strong report on housing starts. However, gains were limited by concerns about the Federal Reserve policy meeting, which will start later this afternoon. (Tue, 20 Mar 2007 17:03:27 GMT)

European Stocks Advance on Takeovers; Barclays, Vinci Pace Gain
March 20 (Bloomberg) -- European stocks had the biggest back-to-back gain in eight months as investors bet on increasing takeovers in the financial, travel and construction industries. (Tue, 20 Mar 2007 17:35:21 GMT)

OP Council Sets Limits On Payday Loan Stores
Overland Park City Council members have adopted limits on payday loan stores. (Tue, 20 Mar 2007 19:56:28 GMT)

BBB: Internet Cash Card May Be Ripping People Off
The Better Business Bureau reports an Internet cash card company may be ripping off consumers without their knowledge. Video: Darcy Pohland Reports More Consumer News More Business News (Tue, 20 Mar 2007 23:37:00 GMT)

Payday lenders win a reprieve
A New Hampshire House committee has given the state's payday and title loan companies a year's reprieve, delaying action on a bill that proposed an interest cap on their loan offerings. (Wed, 21 Mar 2007 04:07:54 GMT)

India Call Rate Hits 10-Year High;Cos Make Advance Tax Payments
MUMBAI -(Dow Jones)- India's overnight call money rate reached a 10-year high of 70% during intraday trade Wednesday as banks scampered for funds after advance tax payments by companies squeezed banking system cash, traders said. (Wed, 21 Mar 2007 06:47:49 GMT)

Barclays, ABN talks advance, some disposals seen
Shares in Barclays Plc climbed on Wednesday as Britain's third biggest bank moved quicker to agreeing an $80 billion takeover of its Dutch target ABN AMRO than many had expected. (Wed, 21 Mar 2007 15:30:11 GMT)

Surveys Show California Payday Lenders Violate Laws
The California Reinvestment Coalition surveyed 253 payday lending establishments across the state and found that consumers are being misled or not given enough information about payday loans. (Wed, 21 Mar 2007 19:23:00 GMT)

Ligand Pharmaceuticals Announces $353 Million Cash Dividend and Share Repurchase Authorization
SAN DIEGO----Ligand Pharmaceuticals Incorporated today announced return of cash on the common stock of the Corporation in the form of a $2.50 per share cash dividend, payable on April 19, 2007 to shareholders of record as of April 5, 2007. (Wed, 21 Mar 2007 20:05:00 GMT)

Barclays, ABN talks advance, some disposals seen
LONDON (Reuters) - Shares in Barclays Plc (BARC.L) climbed on Wednesday as Britain's third biggest bank moved quicker to agreeing an $80 billion takeover of its Dutch target ABN AMRO (AAH.AS) than many had expected. (Wed, 21 Mar 2007 22:24:26 GMT)

Vote on Payday Loans
You must be a member to add a comment! A move by state representatives to legalize payday loans failed Tuesday night on an 84-to-84 vote. But the House of Representatives is scheduled to reconsider the bill Tuesday. (Wed, 21 Mar 2007 23:45:03 GMT)

Largo's Celebrity Showcase guests set
Largo's 2007 Celebrity Showcase features Branson, Mo., entertainer Doug Gabriel today. Advance tickets are $11 plus tax, $13 plus tax at the door. Group rates are available. For information, call 727 518-3131 or visit www.largo.com. (Thu, 22 Mar 2007 07:32:53 GMT)

Mayor pushes Congress for 9/11 aid
STATEN ISLAND ADVANCE -- New York City wasn't attacked on Sept. 11, 2001. The nation was. (Thu, 22 Mar 2007 12:35:47 GMT)

Fourth-Quarter Earnings and Revenue Advance at Williams-Sonoma (WSM)
Williams-Sonoma (WSM) , parent of upscale housewares retailer Pottery Barn and the eponymous kitchen-goods store, issued its fourth-quarter earnings report early this morning...( Read More ) (Thu, 22 Mar 2007 13:00:39 GMT)

Toronto Stocks Look To Build On Triple-digit Advance From The Previous Session - Canadian Commentary
(RTTNews) - Toronto stocks will look to carry over momentum from the previous session on Thursday. Signals are rather positive below the bell, with global equity markets on the upswing and commodities prices moving higher in New York's early dealing. (Thu, 22 Mar 2007 13:01:32 GMT)

Esprit Financial Group Inc.(ESPRIT)(CHNW.PK) Announces New CUSIP Number
Esprit Financial Group Inc. www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. (Thu, 22 Mar 2007 17:06:00 GMT)

Absence of agency head bothers senator overseeing loan reform
A Senate subcommittee chair today criticized the absence of the chief of the agency that oversees payday loans from attending meetings considering limits on the two-week, high-interest loans. (Thu, 22 Mar 2007 17:48:14 GMT)

The Devil Didn't Make Them Do It
A U.S. District Court jury ruled that Procter & Gamble is in fact not to be associated with Satanism, as alleged by Amway distributors. (Fri, 23 Mar 2007 04:23:15 GMT)

Police search for robber of Payday Loan Store
Police continue to seek the gunman who made off with an undetermined amount of money during the bold daylight robbery of a paycheck advance store in a bustling commercial area just north of Interstate 55 in Bolingbrook. (Fri, 23 Mar 2007 05:12:06 GMT)

New kind of high- interest loan gains
PHOENIX — The state House voted Thursday to create a new type of consumer loan — one with interest rates significantly higher than now permitted. (Fri, 23 Mar 2007 07:06:13 GMT)

Everett bank raises dividend by a half cent
The board of directors of Frontier Financial Corp. has declared a 16-cent-per-share first-quarter cash dividend to shareowners of record as of April 10. It will be paid April 24. Frontier President and Chief Executive John Dickson noted the increased dividend will be the 30th consecutive quarterly payout for the company. Previously the dividend was 15.5 cents a share. (Fri, 23 Mar 2007 07:33:04 GMT)

Family fun calendar
Prom dress giveaway evening: 4 to 7 p.m. March 24, North Everett Boys and Girls Club, 2316 12th St., Everett; fashion show, comedian, free refreshments and more; $10, $7 students, one child under age 6 free with advance adult ticket, $15 at door; 425-268-3129, www.brownpapertickets.com. (Fri, 23 Mar 2007 07:59:45 GMT)

McCain hunts for campaign cash, votes in N.J.
NEWARK — U.S. Sen. John McCain, R-Ariz., running a distant second to fellow Republican Rudy Giuliani in recent New Jersey presidential polls, visited the Garden State on Thursday, stumping for money and hoping to advance his standing. (Fri, 23 Mar 2007 08:38:00 GMT)

Losses hurt Tersus
LONDON (SHARECAST) - Tersus Energy fell back Friday as the AIM-listed energy investment group reported a full year loss and said it would have to raise extra cash in the next six months. (Fri, 23 Mar 2007 10:38:46 GMT)

Payday loan interest can exceed 2,000% / Survey also finds many lenders don't post schedule of fees
Many California consumers are receiving misleading information from payday lenders that charge interest rates that sometimes exceed 2,000 percent, according to a survey by the California Reinvestment Coalition. The coalition, an advocacy organization... (Fri, 23 Mar 2007 10:53:45 GMT)

Paxar Corp. purchased for $1.3 billion; Company acquired by Avery Dennison Corp.
Officials from Avery Dennison Corp. and Paxar Corp. Thursday announced that the boards of directors from both companies have unanimously approved a definitive agreement for Avery Dennison to acquire all outstanding shares of Paxar for $30.50 per share in a cash transaction valued at approximately $1.34 billion. (Fri, 23 Mar 2007 13:11:34 GMT)

U.K. Stocks Advance for Fifth Day, Led by BP, Pearson Shares
March 23 (Bloomberg) -- U.K. stocks increased for a fifth consecutive day. BP Plc rose after the oil company's Russian unit said it will bid for a stake in Rosneft, Russia's state-run oil company. (Fri, 23 Mar 2007 13:12:47 GMT)

The Sound Of Silence
Recent studies will leave young iPod owners grooving to a quieter tune. According to a UConn Advance article by Carolyn Pennington, the iPod generation has a rate of impaired hearing 2 1/2 times that of their parents and grandparents. Misusing Apple's latest iPod technology is not doing anything to reduce this trend, said Dr. (Fri, 23 Mar 2007 14:39:36 GMT)

CITY BRIEFS: Seminar to be held on how to advance at work
The International Association of Administrative Professionals, Dogwood chapter, is hosting a half-day seminar titled "Playing by the Unwritten Rules: Moving from the Middle to the Top." The event will be held from 8 a.m. to noon on Saturday at the Holiday Inn Select, Atlanta Airport South, 4669 Airport Blvd. The cost of the half-day session is $75 per person. For information or reservations, call ... (Fri, 23 Mar 2007 15:27:40 GMT)

House Gives Tentative Approval to Small Loan Bill
Maybe you'd like a new way to take out a small loan without resorting to a payday lender. The house has given tentative approval to loans up to $1,500 dollars, but instead of interest, you'd pay an upfront fee and a monthly handling charge. (Fri, 23 Mar 2007 15:44:10 GMT)

Georgians Sign Petitions Urging Legislators to Pass HB 163, Support Cash Advance
Almost 2,000 Georgians have signed petitions and letters in less than two weeks urging Georgia legislators to vote in favor of House Bill 163, giving them access to short term cash advances that will be regulated by the state and cheaper than other credit options. (Fri, 23 Mar 2007 16:09:00 GMT)

German Stocks Advance; Volkswagen, DaimlerChrysler Shares Jump
March 23 (Bloomberg) -- Germany's DAX Index rose, posting its biggest weekly gain in a year. Volkswagen AG and DaimlerChrysler AG surged. The DAX Index added 42.10 euros, or 0.6 percent, to 6899.06 as of the close in Frankfurt. (Fri, 23 Mar 2007 17:43:34 GMT)

12:59 p.m. -- Nampa police investigate armed robbery
At about 11:20 this morning, Nampa police responded to a call of an armed robbery at the Advance America check-cashing business in the 1300 block of Caldwell Blvd. (Fri, 23 Mar 2007 19:16:02 GMT)

Canadian Stocks End Positive Week With A Notable Advance - Canadian Commentary
(RTTNews) - ains in the heavily weighted energy and financial sectors, the Canadian market ended a positive week on a high note. After moderating a bit in mid-morning dealing, the S&P/TSX Composite regained its steady footing and moved gradually higher through the afternoon. (Fri, 23 Mar 2007 21:02:01 GMT)

Local residents insist on wiring cash to scams despite repeated warnings
Millions of Americans continue to fall prey to consumer fraud, sending money in response to an offer or “guarantee” of a larger amount of money, prize or other enticement. (Fri, 23 Mar 2007 21:02:29 GMT)

Police looking for cash store robber
NAMPA - Police are working to track down the person who robbed the Advance America Check Cashing in the 1300 block of Caldwell Blvd. in Nampa. It happened at 11:20 a.m. Friday – when someone walked in to the business and displayed a hand gun. (Fri, 23 Mar 2007 22:08:38 GMT)

Windfall Time: When Angels Battle Demons
Battling the irresistible impulse to allocate a windfall of money or spend it long before you even have the cash. (Fri, 23 Mar 2007 23:55:55 GMT)

Gators Advance To Elite Eight
It wasn't pretty - again - but the Florida Gators earned another victory in the NCAA Men's Basketball Tournament and have advanced to the Elite Eight for the second straight year. (Sat, 24 Mar 2007 03:38:34 GMT)

TODAY'S AGENDA
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to newscalendar@MiamiHerald.com . No faxes, please. For a complete list of today's events, go to www.MiamiHerald.com . (Sat, 24 Mar 2007 07:17:03 GMT)

Gunman holds up cash store
Crime: Officials explore potential link to similar heist (Sat, 24 Mar 2007 10:16:33 GMT)

Local plans advance in biz contest
Several Madison area entries are among 50 entries from nearly 30 communities that have advanced to the second round of the fourth annual Wisconsin Governor's Business Plan Contest. (Sat, 24 Mar 2007 15:40:06 GMT)

Video bill on fast track
Wisconsin residents would lose their rights to cable television repairs within 72 hours, credit for service interruptions and advance notice of rate increases, under a bill on the fast track in the state Legislature. (Sat, 24 Mar 2007 23:24:21 GMT)

Subprime bust forces families from homes
The lights are still on inside Foreclosure No. A200642668 — so while there's time, have a look around. (Sun, 25 Mar 2007 04:17:13 GMT)

Hebrew Free Loan interest-free
The cheapest loan around is free. The Hebrew Free Loan Association began more than 100 years ago when several Cleveland businessmen pooled their money to lend $25 to a peddler. Today, the fund stands at roughly $600,000, fed by donations, grants and the money repaid on interest-free loans. (Sun, 25 Mar 2007 04:22:44 GMT)

Payday alternatives
In Ohio, payday lenders can charge $15 in interest and fees on every $100 borrowed. So two weeks after taking out a $250 payday loan, a customer would have to pay $287.50 - which calculates to a 390 percent annual interest rate (APR). Here are some less expensive alternatives. (Sun, 25 Mar 2007 04:22:54 GMT)

Bankrupt company leaves vendor in lurch
Patrick Keep didn't ask to get involved in a highly leveraged acquisition with cash-flow problems. He just expected to service a bunch of... (Sun, 25 Mar 2007 07:08:03 GMT)

Payday can switch to lower-cost choices for loans
He's a teacher in Cleveland, and he was having trouble paying bills, so he took out a $200 payday loan two years ago. Today, he estimates he owes $3,600 to six different payday lenders. (Sun, 25 Mar 2007 11:35:33 GMT)

Crescent Receives A$120m Support for Growth
Crescent Gold Limited(ASX: CRE)(Frankfurt: CRE5) is pleased to announce that its future growth strategy is to be backed by a strategic alliance with Deutsche Bank AG. The strategic alliance, arranged by Capstone Capital, is via a private placement to DB of 315,789,474 ordinary shares in Crescent at A$0.38 cents per share for A$120m cash. (Mon, 26 Mar 2007 00:48:00 GMT)

Windfall? Ignore the demon
Matthew Bushlow, a publicist in Burlington, Vt., is expecting a $2,000 tax refund this year. Like many people who anticipate a windfall -- whether from a bonus, book advance, birthday money or Uncle Sam -- Bushlow is on the verge of spending the money even before the check lands in his account. (Mon, 26 Mar 2007 03:52:58 GMT)

Ask SCORE: Collecting money without alienating clients
QUESTION: I am having a problem managing my cash flow. My customers are sometimes slow to pay and I can't pay my bills with promises. I am afraid of losing my customers if I push them too hard for payment. Is their a solution to this problem? (Mon, 26 Mar 2007 04:25:39 GMT)

Community Meetings
Submit your organization's meeting for immediate publication online at savannahnow.com/do/add_event or e-mail your meeting at least two weeks in advance to calendar@savannahnow.com or fax to 525-0796. Contact number must be listed. Community Meetings is printed Monday-Wednesday in the Accent section as space allows. For information, call 652-0310. To see more upcoming community meetings, visit ... (Mon, 26 Mar 2007 05:09:11 GMT)

Region's new citizens face hike in fees
UTICA — Refugees and immigrants in the region are rushing to apply for citizenship and green cards in advance of a planned 70 percent increase in immigration fees. (Mon, 26 Mar 2007 06:18:17 GMT)

Student group hosts nationally famous, infamous Bhangra Blowout
Nearly 4,000 people attended the South Asian Society's 14th annual Bhangra Blowout student dance competition at DAR Constitution Hall Saturday night. Ten different Bhangra dance teams from colleges and universities as far as California competed for the $4,000 cash prize for best dance group. (Mon, 26 Mar 2007 07:46:03 GMT)

European Commodity Stocks Advance; Volkswagen, Barclays Decline
March 26 (Bloomberg) -- European commodity stocks advanced, led by Royal Dutch Shell Plc, Total SA and BHP Billiton, as the price of oil and metals gained. Benchmarks in the region were little changed. (Mon, 26 Mar 2007 10:12:45 GMT)

UC Santa Cruz future lies in Silicon Valley
Forty miles to the north, where Highways 101 and 87 meet, UC Santa Cruz is looking to expand its mini-campus at Silicon Valley's busiest crossroads. Already, more than 100 UC Santa Cruz researchers are working in the shadow of the world's two largest wind tunnels to advance knowledge in such areas as human space flight. (Mon, 26 Mar 2007 10:19:02 GMT)

Police search for armed robbery suspect
Idaho Press-Tribune NAMPA — Nampa Police continue to look for a suspect in the armed robbery of the Advance America Cash Advance in the 1300 block of Nampa-Caldwell Boulevard in Nampa on Friday. (Mon, 26 Mar 2007 11:01:23 GMT)

European Commodity Stocks Advance; Volkswagen, Barclays Decline
March 26 (Bloomberg) -- European commodity stocks advanced, led by Royal Dutch Shell Plc, Total SA and BHP Billiton, after the price of oil and metals gained. Benchmarks in the region were little changed. (Mon, 26 Mar 2007 11:11:47 GMT)

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Identifies Candidate OTCBB Company for Merger or Acquisition
Esprit Financial Group Inc. www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. (Mon, 26 Mar 2007 12:00:00 GMT)

Local payday lenders welcome regulations
Payday lenders in Hawai'i who offer short-term loans are eager to combat the image that they're locking low-income borrowers into a cycle of escalating debt. (Mon, 26 Mar 2007 12:38:43 GMT)

Lawmaker Wants Interest on Payday Loans Restricted
Interest rates on payday loans would be severely limited under a bill getting its first hearing today at the capitol. Sponsor Marian McClure doesn't like the businesses, but believes they are necessary. (Mon, 26 Mar 2007 13:29:11 GMT)

Canadian Stocks Advance on LionOre Mining Takeover, Oil Prices
March 26 (Bloomberg) -- Canadian stocks rose for a second day, paced by commodity producers, after Xstrata Plc offered $4 billion in cash for LionOre Mining International Ltd., raising speculation there will be more takeovers among metals companies. (Mon, 26 Mar 2007 13:54:41 GMT)

European Commodity Stocks Advance; Volkswagen, Barclays Decline
March 26 (Bloomberg) -- European commodity stocks rose, led by Royal Dutch Shell Plc, Total SA and BHP Billiton Ltd., after the price of oil and metals gained. Benchmarks in the region were little changed. (Mon, 26 Mar 2007 14:04:34 GMT)

Tri-State Neighbor
By Kent Thiesse, Government Farm Program Analyst, Lake Crystal, Minn. Wednesday, March 14, 2007 2:29 PM CDT Many farm management advisers, university experts and ag lenders have been advising farm operators to look at negotiating flexible cash rental leases with their landlords as an alternative to paying very high straight-out cash rental rates on rented land. (Mon, 26 Mar 2007 14:16:25 GMT)

Sonic advances terms of Terra-Kleen acquisition
David Coe, Chairman of Sonic Environmental Solutions Inc. is pleased to announce that the Company is amending the original agreement by which it acquired Terra-Kleen Response Group in December 2005 to advance the terms and extinguish all outstanding obligations of Sonic, effective immediately. (Mon, 26 Mar 2007 14:33:00 GMT)

Novacea Reports Fourth Quarter and Year End 2006 Financial Results
Novacea, Inc. today reported a net loss for the fourth quarter of 2006 of $7.8 million or $0.34 per common share. As of December 31, 2006, cash, cash equivalents and marketable securities totaled $64.6 million. (Mon, 26 Mar 2007 20:00:00 GMT)

Police make arrest in Baha's shooting; cash store robbed today;
A 22-year-old Tallahassee man is facing two counts of attempted murder following shooting early Sunday morning in the parking lot of Baha's Beach Club, 2020 W. Pensacola St. Two men were found shot in the parking lot at 2 a.m., according to Tallahassee police. Tallahassee police found a car reportedly driven by the shooter in the 200 block of Carterwood Drive. James Manuel Jr. was arrested and ... (Mon, 26 Mar 2007 22:33:24 GMT)

Harm vs. good weighed in payday loans debate
When Georgia lawmakers revisit the issue of payday lending today, state Rep. Tyrone Brooks (D-Atlanta) will vote to legalize the high-interest loans. It's a vote, he says, that has its roots in a visit with his grandmother three decades ago. Brooks noticed an array of improvements at his grandmother's modest house. When she told her grandson how she had paid for the goods — a loan from a local ... (Mon, 26 Mar 2007 23:00:54 GMT)

Robert Petersen, Publisher of Auto Buff Magazines, Dies at 80
Robert E. Petersen channeled his fervor for fast cars with tailfins and chrome-plated engines into a string of successful magazines. (Tue, 27 Mar 2007 01:42:56 GMT)

Harm vs. good weighed in payday loans debate
When Georgia lawmakers revisit the issue of payday lending today, state Rep. Tyrone Brooks (D-Atlanta) will vote to legalize the high-interest loans. It's a vote, he says, that has its roots in a visit with his grandmother three decades ago. • Types of high-cost loans being considered Brooks noticed an array of improvements at his grandmother's modest house. When she told her grandson how she had ... (Tue, 27 Mar 2007 02:06:24 GMT)

LETTERS: Payday lenders
It was gratifying to see some of our elected officials finally cracking down on the purveyors of payday loans. Yet another denizen from the dark side of capitalism, taking advantage of the most needy and vulnerable Americans, has become big business. (Tue, 27 Mar 2007 07:14:47 GMT)

European Stocks Advance on Takeover Outlook; EDP, Adidas Gain
March 27 (Bloomberg) -- European stocks rose after mergers and acquisitions in the power and airline industries fueled speculation last year's record takeover deals will be repeated. (Tue, 27 Mar 2007 09:49:34 GMT)

Anaheim cop spearheads youth mentoring program
Officer Sean McCune, founder of Mentors for Youth, plans house raffle to advance group's work. (Tue, 27 Mar 2007 10:11:49 GMT)

For some, quick loans work well
Looking for some fast cash Monday, Tony Simmons stopped by a payday lending business on Rivers Avenue. (Tue, 27 Mar 2007 10:51:19 GMT)

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces April 16th, 2007 Closing Date on Acquisition of Global ...
Esprit Financial Group Inc. www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. (Tue, 27 Mar 2007 11:00:00 GMT)

In the Region
Despite protests from nearby businesses, Falls City Council on Monday gave Ace Cash Advance the green light to open in the Staples Plaza on Howe Avenue. (Tue, 27 Mar 2007 12:20:09 GMT)

Insurers Catching Up With Demand for HPV Vaccine
FORT LAUDERDALE, Fla. _ Against the backdrop of a national tug-of-war between conservative mores and scientific advance, young women and mothers quietly are turning to their doctors with a simple question: Can I get the HPV vaccine? The answer, in some cases, is not yet. (Tue, 27 Mar 2007 12:20:31 GMT)

SIFE team from SBU to compete Friday in regional competition
The Southwest Baptist University Students In Free Enterprise Team will compete for cash prizes at the Rogers, Ark., SIFE USA regional competition Friday. SIFE is an international non-profit organization that is active on more than 1,400 university campuses in 48 countries. SIFE teams create economic opportunities in their communities by organizing outreach projects. Their projects are judged at ... (Tue, 27 Mar 2007 14:36:11 GMT)

House Cmte. Approves Payday Loan Bill
Payday borrowers could no longer roll over their loans and pay more fees, under a bill approved in a House committee. Republican Eddie Farnsworth voted against the measure. (Tue, 27 Mar 2007 15:29:10 GMT)

Return of payday lending fails in Ga. House
State lawmakers decided Tuesday that Georgia does not need payday lending. A hard-fought battle to legalize the short-term, high-interest loans ended when the state House voted 82-77 for the measure. The bill needed 91 favorable votes — a majority of the House membership — to move on to the Senate. Tuesday's vote represented a second attempt by the bill's sponsors to clear the House. The measure ... (Tue, 27 Mar 2007 15:39:56 GMT)

Global Cash Access Partners with Trump Taj Mahal Casino to Pilot Mobile Cash Service Technology
LAS VEGAS----Global Cash Access , a leading provider of cash access products and related services to the gaming industry, has partnered with Trump Taj Mahal Casino in Atlantic City, N.J. to serve as the pilot site for GCA's QuikCash Mobile service, the newest offering in the company's lineup of innovative cash access products. (Tue, 27 Mar 2007 19:01:00 GMT)

Fur Ball Helps Shelter Cough Up Cash
Kanawha Charleston Animal Shelter's annual fundraiser coming up this weekend. (Tue, 27 Mar 2007 22:09:23 GMT)

Local students win at Youth Engineering and Science Fair
Lissi Welton of Buena High School and Raymundo Navarrete and Prido Polanco of Bisbee High School will advance to the 2007 Intel International Science and Engineering Fair as a result of being grand prize winners in the 9-12 division of the 2007 Youth Engineering and Science (YES) Fair. (Wed, 28 Mar 2007 00:18:36 GMT)

Transit Projects Get A Pass From Minn. House
With only three votes to spare, the House on Tuesday night passed a public works bill that would advance some high-profile mass transit projects and take care of the more mundane roof repairs. More Political News More Transportation News (Wed, 28 Mar 2007 01:27:00 GMT)

House approves transit, arena projects in public works bill
With only three votes to spare, the House on Tuesday night passed a public works bill that would advance some high-profile mass transit projects and take care of the more mundane roof repairs. (Wed, 28 Mar 2007 01:38:11 GMT)

House approves transit, arena projects in public-works bill
With only three votes to spare, the House passed a public-works bill Tuesday night that would advance some high-profile mass-transit projects and take care of the more mundane roof repairs. The bill contains $289 million worth of projects, some paid for through long-term borrowing and others in cash. It's slightly smaller than a Senate bill expected to reach a floor vote today but much larger ... (Wed, 28 Mar 2007 02:33:29 GMT)

Police say runaways revealed plans to classmates
Police say two runaway Perryville children found Monday in a Milton, Fla., residence, may have planned their departure weeks in advance. Perry County Sheriff Gary Schaaf said Tuesday an investigation... (Wed, 28 Mar 2007 05:22:43 GMT)

Legislature to Discuss Protecting Consumers From Some Payday Loan Stores
To make ends meet, many people turn to payday loans. These are short term loans with high interest rates that you usually need to pay off in 60 days. There are some companies that take advantage of your need for quick cash. (Wed, 28 Mar 2007 05:47:24 GMT)

Euopre: Carmakers' shares advance in Europe amid takeover talk
European auto stocks, the best performers of the year to date, advanced Tuesday on continuing talk of takeovers and mergers in the industry. Over all, however, benchmarks in the region ended the session mixed. (Wed, 28 Mar 2007 05:57:16 GMT)

Crime journal
The Hillsborough County Sheriff's Office is looking for a man who has robbed three restaurants and a cash advance store in the Carrollwood area in recent weeks. (Wed, 28 Mar 2007 07:30:17 GMT)

Regional digest
PUTNAM -- Police are looking for whoever took alcohol, lottery tickets, cash and frozen seafood from two businesses at Mechanic and School streets last weekend. (Wed, 28 Mar 2007 08:39:19 GMT)

Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces An Agreement In Principle For A Joint Venture With A Japanese ...
Esprit Financial Group Inc. www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. (Wed, 28 Mar 2007 11:00:00 GMT)

Bank of the Carolinas Corporation Declares Cash Dividend
Bank of the Carolinas Corporation announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock, payable on April 25, 2007, to shareholders of record on April 11, 2007. (Wed, 28 Mar 2007 17:44:00 GMT)

House panel approves new restrictions for payday lenders
LITTLE ROCK - New regulations for payday lenders were advanced by a House panel Wednesday, despite objections from advocacy groups who complain that it will still allow the lenders to charge more than 17 percent interest. (Wed, 28 Mar 2007 18:49:54 GMT)

House panel approves new restrictions for payday lenders
LITTLE ROCK New regulations for payday lenders were advanced by a House panel today. The vote came despite objections from advocacy groups who complain that it will still... (Wed, 28 Mar 2007 19:11:48 GMT)

Payday loan bill introduced
Sen. Lowell Barron, D-Fyffe, has introduced a bill designed to reform Alabama’s controversial payday lending loans. Barron said payday lending can trap borrowers in a cycle of debt. (Wed, 28 Mar 2007 21:12:21 GMT)

Proposed Restrictions for Arkansas Payday Lenders
LITTLE ROCK (WHBQ FOX13 myfoxmemphis.com) -- New regulations for payday lenders were advanced by a House panel today. The vote came despite objections from advocacy groups who complain that it will still allow the lenders to charge more than 17 percent interest. (Wed, 28 Mar 2007 21:38:31 GMT)

House panel approves new restrictions for payday lenders
New regulations for payday lenders were advanced by a House panel Wednesday, despite objections from advocacy groups who complain that it will still allow the lenders to charge more than ... (Wed, 28 Mar 2007 22:46:55 GMT)

Committee endorses industry-supported payday lending bill
LITTLE ROCK -- A House committee on Wednesday endorsed a bill placing limits on payday lenders, although critics say the bill does little or nothing to protect consumers. (Thu, 29 Mar 2007 00:27:58 GMT)

"No Refunds" Policy Investigated
Many of the arguments in a report on videotaped angry customers centered on the business's "no cash refunds" policy. WAFB 9NEWS finds out whether the Better Business Bureau thinks what's being done is legal. (Thu, 29 Mar 2007 00:34:24 GMT)

Arts center running out of money
The Carnival Center for the Performing Arts, borrowing from its future to combat cost overruns and lackluster attendance, will run out of money by mid-May and needs a $4 million cash infusion to get through the budget year. (Thu, 29 Mar 2007 01:04:27 GMT)

Some payday loan companies evade the law, Nevada lawmakers told
CARSON CITY, Nev. (AP) - Several Nevada loan companies are evading the state's payday loan law by charging interest rates up to 900 percent, and must be stopped, lawmakers were told Wednesday. (Thu, 29 Mar 2007 01:17:49 GMT)

Some payday loan companies evade the law, Nevada lawmakers told
CARSON CITY Nevada lawmakers passed a law regulating payday loans companies in 2005. Now, Assembly Speaker Barbara Buckley says several companies are evading that law, and should be stopped. (Thu, 29 Mar 2007 02:47:24 GMT)

Putting The Pressure on Payday Loan Companies
When rent money is gone or the paycheck hasn't come, many Nevadans are in need of a quick buck. Sometimes they turn to companies offering short-term loans with high interest rates. Assembly Bill 478 would put the breaks on all payday loan lenders . (Thu, 29 Mar 2007 03:24:05 GMT)

Sarah Mattson: High-interest payday loans lure the poor into debt traps
MY CLIENT, "J," took out a car title loan last July. She thought it would help her get through a short-term lack of income. (Thu, 29 Mar 2007 04:06:34 GMT)

Asian Energy Stocks Rise on Oil-Price Gain; BHP, Cnooc Advance
March 29 (Bloomberg) -- Asian energy stocks rose, led by BHP Billiton Ltd. and Cnooc Ltd. after oil traded near a six-month high on concerns supplies from the Middle East will be disrupted. (Thu, 29 Mar 2007 04:55:35 GMT)

Lawmakers find ways to help districts
It may be a tight budget year, but state lawmakers can still find ways to bring home coveted cash for roads, parks, ports, campuses and pet projects. (Thu, 29 Mar 2007 05:19:28 GMT)

Legislators try to lasso payday loans
SALEM -- House Speaker Jeff Merkley has proposed the Legislature take its toughest stand yet against payday and car title lenders by imposing a blanket 36 percent cap on all consumer loans under $50,000. (Thu, 29 Mar 2007 07:13:40 GMT)

Miami's arts center needs cash in a hurry
The Carnival Center for the Performing Arts, borrowing from its future to combat cost overruns and lackluster attendance, will run out of money by mid-May and needs a $4 million cash infusion to get through the budget year. (Thu, 29 Mar 2007 07:26:47 GMT)

Committee endorses industry-supported payday lending bill
By John Lyon Arkansas News Bureau LITTLE ROCK - A House committee on Wednesday endorsed a bill that would place limits on payday lenders, although critics say the bill does little or nothing to protect consumers. (Thu, 29 Mar 2007 07:52:06 GMT)

House panel approves new restrictions for payday lenders
LITTLE ROCK - Payday lenders in Arkansas would have to operate under new regulations under a measure endorsed Wednesday by a House panel. (Thu, 29 Mar 2007 08:49:54 GMT)

Discovery to Buy Out Cox, a Major Shareholder
The deal will transfer the Travel Channel and $1.275 in cash to Cox in exchange for its 25 percent stake. (Thu, 29 Mar 2007 13:52:46 GMT)

Candidates' Cash Dash Nears First Marker
White House Contenders Spin Numbers for Political Gain (Thu, 29 Mar 2007 14:22:48 GMT)

Discovery Buying Stake Held by Cox
Discovery Communications Inc. is buying the 25 percent stake in its company held by Cox Communications Holdings Inc. in exchange for Travel Channel, Antenna Audio and $1.28 billion in cash. (Thu, 29 Mar 2007 14:52:44 GMT)

Nevada Lawmakers Mull Payday Loan Bill
Several Nevada loan companies are evading the state's payday loan law by charging interest rates up to 900 percent, and must be stopped, lawmakers were told Wednesday. (Thu, 29 Mar 2007 14:53:40 GMT)

Panel Backs Payday Lending Measure
LITTLE ROCK — A House committee on Wednesday endorsed a bill that would place limits on payday lenders, although critics say the bill does little or nothing to protect consumers. (Thu, 29 Mar 2007 15:07:27 GMT)

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