Cash Advance News Nov 2007

1 2 3 Next

Global Cash Access Names Scott H. Betts President and CEO
Global Cash Access, ( Nachrichten ) Inc. (NYSE: GCA), the global gaming industry ' s leading provider of cash access services, today announced that it has named Scott H. Betts as President, Chief Executive Officer, and interim Chief Financial Officer, succeeding Kirk Sanford, who is retiring from the company to pursue other interests and spend time with his family. (Thu, 01 Nov 2007 00:49:58 GMT)

Global Cash Access Names Scott H. Betts President and CEO
Global Cash Access, Inc. (NYSE: GCA), the global gaming industry’s leading provider of cash access services, today announced that it has named Scott H. Betts as President, Chief Executive Officer, and interim Chief Financial Officer, ... (Thu, 01 Nov 2007 00:54:43 GMT)

Advance Auto Parts Reports Third Quarter Results
ROANOKE, Va.-- Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fiscal third quarter ended October 6, 2007. (Thu, 01 Nov 2007 05:50:01 GMT)

Recovering bank stocks fuel indexes
European stocks rose across the region on Wednesday, capping a second-consecutive monthly advance. (Thu, 01 Nov 2007 06:06:08 GMT)

Mayor is awash in campaign cash
Mayor Michael B. Coleman already has set a record for Columbus mayors, whether or not he wins a third term on Tuesday. (Thu, 01 Nov 2007 08:53:23 GMT)

Altria buys cigar maker John Middleton for $2.9B
The cigarette maker's acquisition comes in advance of its spin-off of Philip Morris International. (Thu, 01 Nov 2007 13:16:00 GMT)

Profit jumps 72 percent for OP payday lender QC Holdings
Overland Park payday lending company QC Holdings Inc. today said higher volume helped drive a 72-percent increase in third-quarter net income. (Thu, 01 Nov 2007 13:49:16 GMT)

QC Holdings beats analysts' estimates
Higher loan volume enabled payday loan company QC Holdings Inc. to report increased third-quarter earnings and revenue compared with the same period last year, despite higher loan losses. (Thu, 01 Nov 2007 14:13:36 GMT)

New Mexico payday loan law doesn't prevent spiraling debt, critics say
However, critics say New Mexico's new law fails to safeguard borrowers - often the poor - from becoming trapped in debt. Payday loans are short-term advances of cash against a borrower's future paycheck or when a lender holds a borrower's personal check and agrees to cash it later to cover the debt. (Thu, 01 Nov 2007 15:36:43 GMT)

New Mexico payday loan law doesn't prevent spiraling debt, critics say
New restrictions on payday loans take effect today, including a cap on the fees that lenders can charge consumers. (Thu, 01 Nov 2007 15:42:53 GMT)

RECENT ITEMS»
Tickets to the Fun Fun Fun Fest in Austin, Texas are still available, but going fast. Advance 2-day passes are $54, and single-day passes are $34, when purchased through the website, funfunfunfest.com ; single day passes only will be available for $35 cash at the door. (Thu, 01 Nov 2007 16:47:07 GMT)

BOC won’t accept cash, checks as tax payments starting next year
The Bureau of Customs (BOC) will no longer accept cash and check payments from importers for all transactions starting next year as part of efforts to curb corruption in the agency and raise more revenues, deputy commissioner Alexander Arevalo said Thursday. (Thu, 01 Nov 2007 17:29:21 GMT)

Cash Systems, Inc. Announces Renewal and Expanded Contract
Cash Systems, ( Nachrichten ) Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced a multi-year renewal contract with San Manuel Indian Bingo and Casino for expanded services. (Thu, 01 Nov 2007 17:36:57 GMT)

Driverless Vehicles Run For Glory, Cash
At a decommissioned Air Force base east of Los Angeles, 35 teams of engineers, entrepreneurs and academics have converged with the hope of making history and taking robotics to the next level. (Thu, 01 Nov 2007 21:51:56 GMT)

Black lawmakers focus on economic problems
WEST COLUMBIA — Stopping foreclosures, halting the cycle of debt perpetuated by payday lenders, ensuring blacks get the same mortgage rates as whites and guaranteeing government has the final say in what money is needed to provide services are among the 2008 legislative priorities for the s... (Fri, 02 Nov 2007 04:55:40 GMT)

Real cash adds intensity to 'High Stakes Poker'
A quality that gives televised poker games such broad viewer appeal is the thrill of living vicariously through the bets, bluffs and daring gambles of professional players. (Fri, 02 Nov 2007 12:06:11 GMT)

Advance Auto Parts Stays a Hold
We are impressed by AAP's performance in the face of a challenging environment and difficult sales comparisons. (Fri, 02 Nov 2007 13:10:16 GMT)

MARKET TALK: CME Live Cattle Inch Up On Spreads, Await Cash
1135 EDT [Dow Jones] - CME live cattle slowly rise on additional short covering and forward spreading into Dec out of Feb and April. Traders quietly await this week's cash developments. Dec is 57 points higher at 94.65 cents a pound and fought back from an 8 1/2-month opening low. (Fri, 02 Nov 2007 15:58:26 GMT)

New loan laws are in effect
On Thursday, Nov. 1, the law changed that affects loans called "payday loans." The new state law throws out interest charges and replaces them with set fees. (Sat, 03 Nov 2007 00:44:26 GMT)

Violent Robbery in South Richmond
Richmond police are on the hunt for three suspects in connection with a violent armed robbery at a payday lending store on the Southside. Investigators say two men and a woman walked into the Advance America Cash Advance store around 1:40 Thursday afternoon, pulled out guns and demanded money. (Sat, 03 Nov 2007 03:50:10 GMT)

County dog pound receives advance for operating costs
Tuscarawas County commissioners Thursday approved a temporary cash advance to the county dog pound for its operations. The $5,310 advance from the general fund will cover expenses through the end of the year. (Sat, 03 Nov 2007 05:01:19 GMT)

Governor's fix for mass transit cash crunch: Charge it
The state would borrow $27 million to avert a weekend transit meltdown and keep the buses and trains running through the end of the year, under a plan Gov. Rod Blagojevich proposed Friday. (Sat, 03 Nov 2007 05:24:20 GMT)

Payday loans: Way out, or debt spiral?
Critics say payday loans target the poor and take advantage of those in tough situations, but advocates say payday loans are helpful to working people and the middle class. (Sat, 03 Nov 2007 06:07:30 GMT)

Four Pinoys advance to ‘64’
Reigning champion Ronnie Alcano stormed out of the opening gate and breezed past the group plays while Efren "Bata" Reyes experienced scary moments before making the knockout phase of the 2007 World Pool Championship. (Sat, 03 Nov 2007 18:58:05 GMT)

Marion Police seek suspect in Cash Advance robbery
MARION — Police are asking the public for help in identifying a man suspected in a Friday strong-armed robbery. Just after 6 p.m. Friday, deputies with the Marion County Sheriff’s Office were called to the National Cash Advance Store, 1312 Mount Vernon Ave., for the report of a robbery. (Sat, 03 Nov 2007 20:34:33 GMT)

p0648 BC-Sudan-ElephantsReturn 11-03 1072 11/3/2007
Eds: Multimedia: An audio slideshow of a newly returned elephant herd will be available Saturday noon EDT in the --international/sudan--elephants folder. Also moved in advance. (Sat, 03 Nov 2007 21:06:28 GMT)

Local borrowers deserve same rights as soldiers
The Monitor recently published the testimony of Terry Roy, the owner of a New Hampshire payday loan company, defending her industry's lending practices ("Payday lending cap would harm borrowers," Monitor Opinion Page, Oct. 27). Her article cries out for a response. (Sat, 03 Nov 2007 22:16:19 GMT)

b0557 BC-Sudan-ElephantsReturn 11-04 1075 11/3/2007
Eds: Multimedia: An audio slideshow of a newly returned elephant herd will be available Saturday noon EDT in the --international/sudan--elephants folder. This item moved previously as an advance and is now available for use. (Sun, 04 Nov 2007 05:06:11 GMT)

Mobile networks: the state's new bloodhounds?
Dial L for location So, you're a master criminal, or perhaps a cheating spouse, but either way you've covered your tracks and have a high court judge ready to confirm your alibi - you were eating dinner in a club when the deed occurred. Tickets paid in cash, and a hoodie to hide from the CCTV, your story is safe - except your mobile phone network knows exactly where you were, and when. But ... (Sun, 04 Nov 2007 09:05:12 GMT)

Charitable empire has high costs
The causes tug at the hearts and wallets of millions of Canadians. The pleas for cash are delivered by charities whose names alone could soften even the most callous into making a donation. (Sun, 04 Nov 2007 09:47:04 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. (Sun, 04 Nov 2007 10:23:34 GMT)

Avoiding predatory flytrap :Unscrupulous lending practices can target even local consumers
In the show "Little Shop of Horrors," Seymour Krelborn finds his chance for success with the help of a giant man-eating plant that demands to be fed. (Sun, 04 Nov 2007 12:14:26 GMT)

Pagulayan, Corteza in big wins, advance to WPC’s round of 64
Alex Pagulayan crawled out of his personal slump right on the very same day he pronounced his patriotism. (Sun, 04 Nov 2007 13:58:08 GMT)

Va. localities push lawmakers to cap payday loan interest rates
Associated Press - November 4, 2007 1:15 PM ET RICHMOND, Va. (AP) - Localities across Virginia are urging the General Assembly to cap the annual interest rate payday lenders can charge at... (Sun, 04 Nov 2007 18:17:16 GMT)

Va. Localities Push Lawmakers to Cap Payday Loan Interest Rates
Localities across Virginia are urging the General Assembly to cap the annual interest rate payday lenders can charge at 36 percent, something legislators have refused to do and a ceiling the lenders say will drive them out of business. (Sun, 04 Nov 2007 19:30:44 GMT)

Va. localities push lawmakers to cap payday loan interest rates
RICHMOND, Va. (AP) - Localities across Virginia are urging the General Assembly to cap the annual interest rate payday lenders can charge at 36%. That is something legislators have refused to do, while lenders say such a cap will drive them out of business. (Sun, 04 Nov 2007 23:39:54 GMT)

Donors help two with loans
Janet Gosnell and Linda McLean want to say thank you, with interest. Anonymous donors paid off the payday loans of the two women after they appeared in an Oct. 27 Enquirer story ("300% loans: Service or trap?"). (Mon, 05 Nov 2007 10:40:05 GMT)

Northgate Reports Strong Quarterly Production and Record Low Cash Cost
VANCOUVER----Northgate Minerals Corporation today reported cash flow from operations of $29,445,000 or $0.12 per diluted common share and a net loss of $11,937,000 or $0.05 per diluted common share for the third quarter of 2007. (Mon, 05 Nov 2007 12:03:00 GMT)

VIDEO: Jockey Launches JockeyUnderWars.com
Jockey International, Inc., the iconic clothing manufacturer best known for products that are rarely seen in public, is issuing a challenge: May the Best UnderWarrior Win. Jockey's new, interactive Web site, JockeyUnderWars.com, encourages people to dance in their underwear for notoriety, fun, competition and even the chance to win some cash. (Mon, 05 Nov 2007 14:00:00 GMT)

House chores have a value: $369,000
STATEN ISLAND, N.Y. -- Some might say you can't put a dollar figure on the household chores a person does. But an economist did -- and the cash value is eye-popping. (Mon, 05 Nov 2007 14:07:16 GMT)

Global Cash Access Enters Agreement with Absa Bank, Ltd., One of Africa's Largest Banks
LAS VEGAS----Global Cash Access, Inc. , the global gaming industry's leading provider of cash access services, has completed a sponsorship agreement with Absa Bank, Ltd., one of Africa's largest banks. (Mon, 05 Nov 2007 15:06:00 GMT)

Payday Loan Fight Moves to County and City Level
RICHMOND, Va. (AP) - Localities across Virginia are urging the General Assembly to cap the annual interest rate payday lenders can charge at 36 percent, something legislators have refused to do and a ceiling the lenders say will drive them out of business. (Mon, 05 Nov 2007 16:20:35 GMT)

Global Payments Announces Cash Access Agreement With Seneca Gaming Corporation
Global Payments Inc. , a leader in payment processing and gaming cash access services, today announced an agreement to provide its VIP LightSpeed® suite of cash access products and services to the Seneca Gaming Corporation and its three casinos located in New York state: Seneca Niagara Casino & Hotel in Niagara Falls; Seneca Allegany Casino & Hotel in Salamanca; and Seneca Buffalo Creek Casino ... (Mon, 05 Nov 2007 16:42:00 GMT)

Global Payments Announces Cash Access Agreement With Seneca Gaming Corporation
ATLANTA, Nov. 5 /PRNewswire/ -- Global Payments Inc. ( Nachrichten ), a leader in payment processing and gaming cash access services, today announced an agreement to provide its VIP LightSpeed(R) suite of cash access products and services to the Seneca Gaming Corporation and its three casinos located in New York state: Seneca Niagara Casino&Hotel in Niagara Falls; Seneca Allegany Casino&Hotel in ... (Mon, 05 Nov 2007 16:52:37 GMT)

Cash Systems, Inc. Announces Contract Renewal
Cash Systems, ( Nachrichten ) Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced a multi-year contract renewal with the Treasure Island Resort&Casino a wholly owned entity of the Prairie Island Indian Community where Cash Systems will continue to provide it ' s cash access services including all-in-1atm services and casinopc for cash advance services. (Mon, 05 Nov 2007 18:36:26 GMT)

Forest Oil Announces Record Quarter in Sales Volumes; Record Adjusted Net Earnings, EBITDA, and Discretionary Cash ...
DENVER----Forest Oil Corporation today announced financial and operational results for the third quarter of 2007. (Mon, 05 Nov 2007 22:50:00 GMT)

Shake, shake, shake your booty for cash
Bust out the boxers, shake what nature gave you, and you might be the $5,000 winner of Jockey's UnderWars. The Kenosha-based maker of intimate apparel is sponsoring an online competition for adults to post videos of themselves dancing in their drawers. (Tue, 06 Nov 2007 01:09:07 GMT)

Bristol Central volleyball fails again to advance
BRISTOL - For the first time in 13 years, the Bristol Central girls volleyball team hosted a state tournament match on Monday night. (Tue, 06 Nov 2007 04:37:39 GMT)

Council calls for payday loan cap
The Charlottesville City Council passed a resolution on Monday calling on the General Assembly to cap the annual interest rate for payday loans at 36 percent, following in the footsteps of several cities in the Shenandoah Valley. The council added its voice to the growing chorus of localities across Virginia urging lawmakers to clamp down on "predatory" lending practices. In recent months, ... (Tue, 06 Nov 2007 08:12:49 GMT)

Area payday lending resolutions spark trend
RICHMOND - Localities across Virginia are urging the General Assembly to cap the annual interest rate payday lenders can charge at 36 percent, something legislators have refused to do and a ceiling the lenders say will drive them out of business. The movement started in the Shenandoah Valley in September and has spread across the state, with about a dozen localities passing resolutions ... (Tue, 06 Nov 2007 08:16:02 GMT)

Feds green-light disaster relief cash: Politics Day confirms more money available if province files paperwork
The federal government has given the go-ahead to establish a pot of money for Newfoundland and Labrador to aid with disaster relief in the wake of three specific events, including tropical storm Chantal. (Tue, 06 Nov 2007 11:57:40 GMT)

Police investigate two payday loan robberies
Police say a man and a woman walked into the Advance American payday loan store on Saturday, pulled out guns and demanded money. This is the second robbery to target a local payday loan store in the past few days. (Tue, 06 Nov 2007 12:41:35 GMT)

US Cash Grain Outlook:Farm Gate Corn, Soy Prices At New Highs
CENTRAL CITY, Neb. (Dow Jones)--Corn and soybean prices were making new highs on the US cash grain market Tuesday - again bolstered by strong basis - despite surprisingly speedy harvest progress. (Tue, 06 Nov 2007 15:28:56 GMT)

Local Credit Union Offers Alternative to Payday Loans
Redstone Federal Credit Union is offering a new Stretch Loan, which is designed as a better alternative to payday loans. (Tue, 06 Nov 2007 16:12:10 GMT)

US Cash Hogs Midday: Weak To $1.50 Lower
KANSAS CITY (Dow Jones)--Midwest slaughter hog prices are reported weak to as much as $1.50 per hundredweight lower near midday Tuesday. (Tue, 06 Nov 2007 18:28:46 GMT)

City Council to discuss response truck, payday loan concerns tonight
During a regular meeting at 7 p.m., today, Nevada City Council plans to look over a request to purchase a vehicle to be used to tow the hazardous materials trailer, using a grant recently awarded the Nevada Homeland Security Response Team in the amount of $34,315, for a variety of equipment, including such a vehicle. (Tue, 06 Nov 2007 18:34:56 GMT)

US Cash Grain Review:Broad Price Gains On Basis,Futures Rally
CENTRAL CITY, Neb. (Dow Jones)--U.S. cash grain markets registered a rapid rally Tuesday, supported by a double-barreled combination of strong futures and generally firm basis. (Tue, 06 Nov 2007 21:13:58 GMT)

Payday, other subprime lending up
The number of licensed payday lenders in Colorado rose by 17 percent in 2006, and payday loan volume rose 28 percent to more than $632 million, Colorado Attorney General John Suthers said Tuesday. (Tue, 06 Nov 2007 21:15:41 GMT)

Petrolifera reports restored sales growth and rise in cash flow for third quarter 2007
Petrolifera Petroleum Limited reports its sales growth was restored during the third quarter of 2007. As a consequence, successive period cash flow from operations before changes in working capital rose 28 percent to $18.6 million and year-to-date 2007 cash flow of $57.7 million was 85 percent higher than a year ago. (Tue, 06 Nov 2007 21:34:00 GMT)

County to lobby for Arizona ban on payday loan sites
Pima County officials Tuesday approved a legislative wish list for 2008 that seeks a statewide ban on payday loan operations and changes to state trust land auction laws to allow local jurisdictions to bid for conservation purposes. (Wed, 07 Nov 2007 07:06:37 GMT)

GM to take $39B non-cash charge in quarter
DETROIT - General Motors Corp. is taking a big hit on the bottom line of its third-quarter earnings report after the automaker said it will post a $39 billion non-cash charge because of negative changes in its cumulative loss over the last three years. (Wed, 07 Nov 2007 11:50:30 GMT)

Board seeks Manitoban's opinions before setting payday loan rates
The Public Utilities Board is holding three public hearings in Manitoba this month to gauge opinions on the fees charged by payday loan companies. (Wed, 07 Nov 2007 12:06:44 GMT)

Beware of payday lending
Customers can get a loan at one place to pay off a loan at another, a cycle some watchdog groups call a debt trap. (Wed, 07 Nov 2007 12:08:21 GMT)

Cash Systems, Inc. Announces G2E Products Emerging Technology Set To Go Live at G2E
LAS VEGAS----Cash Systems, Inc. , a provider of cash access technology solutions for the gaming industry, today announced their plans for displaying their products and services at the upcoming Global Gaming Expo 2007 set for November 13-15, 2007 at the Las Vegas Convention Center. (Wed, 07 Nov 2007 13:30:00 GMT)

Merck Payment to Boost Ariad's Cash
Drug developer Ariad Pharmaceuticals Inc. said Wednesday it expects a $13.5 million payment from Merck for its collaboration on the cancer drug candidate deforolimus in the fourth quarter. (Wed, 07 Nov 2007 14:28:33 GMT)

Global Cash Access Announces Third Quarter 2007 Financial Results
LAS VEGAS----Global Cash Access Holdings, Inc. today announced unaudited financial results for the quarter ended September 30, 2007. (Wed, 07 Nov 2007 15:26:00 GMT)

Ex-Tarlac town mayor convicted for unliquidated cash advances
THE Sandiganbayan has convicted a former municipal mayor in Tarlac province for his failure to account for P8.15 million in cash advances drawn by him from 2001 to 2004. (Wed, 07 Nov 2007 16:27:13 GMT)

Council voices support of payday loan regulation
Despite the lone dissention of Councilman Russ Kemm, the Nevada City Council united with a 4-1 vote to authorize the mayor to send a written letter to State Rep. Barney Fisher encouraging him to support legislation limiting the interest rate pay-day loan companies are allowed to charge. (Wed, 07 Nov 2007 17:50:06 GMT)

Council listens to comments on budget
By Adam Tobias of the Daily Times staff Wednesday, November 7, 2007 12:23 PM CST The Watertown Common Council Tuesday listened to concerns regarding the 2008 budget and a proposed amendment to the zoning code that would establish rules and regulations on the locations of cash advance stores in the city. (Wed, 07 Nov 2007 18:39:47 GMT)

Global Cash Access 3Q Profit Declines
Global Cash Access Holdings Inc., which provides ATM and cash advance services to casinos, said Wednesday its third-quarter earnings fell 11 percent due in part to a rise in operating costs, but results beat Wall Street's earnings forecast. (Wed, 07 Nov 2007 19:42:55 GMT)

Global Cash Access Backs 4Q Guidance
Global Cash Access Holdings Inc., which provides ATM and cash advance services to casinos, on Wednesday reiterated its guidance for the fourth quarter after reporting third-quarter results ahead of analysts' estimates. (Wed, 07 Nov 2007 19:48:05 GMT)

Man arrested outside of Weston loan store to be charged in Wausau robberies
A man arrested outside of the PLS Payday Loan Store in Weston this morning will likely be charged in a number of Wausau armed robberies dating back to mid-September. (Wed, 07 Nov 2007 20:50:14 GMT)

Cash advance in business deals not moneylending: SC
Businessmen can lend money or advances to their suppliers for ensuring regular supply of goods and such an act cannot be termed as illegal or classified as a moneylending act, the Supreme Court held on Wednesday. A Bench comprising Justices A K Mathur and Markandeya Katju said that often businessmen give money to their suppliers in advance to ensure that the supplies are regular and are made to ... (Wed, 07 Nov 2007 21:32:26 GMT)

Cash advance in business deals not moneylending: SC
Businessmen can lend money or advances to their suppliers for ensuring regular supply of goods and such an act cannot... (Wed, 07 Nov 2007 22:41:14 GMT)

Business Robberies
One man, two guns and plenty of cash...that's what police saw in surveillance video from the Check Advance on Rivers Avenue. A gunmen walked into the business in late October and ordered two employees to the ground in front of a customer and her small child. (Wed, 07 Nov 2007 23:37:26 GMT)

'Payday loan' companies seek reform
Companies that make money providing "payday loans" have formed an organization they say is designed to "reform" their industry. (Thu, 08 Nov 2007 09:18:01 GMT)

Stateline businesses hope to cash in on Cabela's craze
STATELINE, ID -- An outlet of one of the largest outdoor sporting goods stores in the country is set to open in North Idaho on Friday, bringing with it thousands of people, thousands of dollars and heavy traffic. (Thu, 08 Nov 2007 14:53:23 GMT)

TransCore Partners with Advance Business Capital to Expand Factoring Services
PORTLAND, Ore.----TransCore partners with Advance Business Capital, one of the country's fastest growing factoring services, to expand the selection of providers and integrated factoring services offered to freight brokers and carriers within TransCore's internet-based 3sixty™ Freight Match logistics service. (Thu, 08 Nov 2007 18:11:00 GMT)

TransCore Partners with Advance Business Capital to Expand Factoring Services: Adds Broker Factoring Products for ...
TransCore partners with Advance Business Capital, one of the country's fastest growing factoring services, to expand the selection of providers and integrated factoring services offered to freight brokers and carriers within TransCore's internet-based 3sixty(TM) Freight Match logistics service. Factoring, or the cash sale of accounts receivables, is as an alternative source of financing that ... (Thu, 08 Nov 2007 18:32:21 GMT)

Advance Auto Parts Declares Regular Quarterly Dividend
ROANOKE, Va.----Advance Auto Parts, Inc. , a leading automotive aftermarket retailer of parts, batteries, accessories, and maintenance items, announced that at its Board meeting yesterday, the company's Board of Directors declared a regular quarterly cash dividend of six cents per share be paid on January 4, 2008 to stockholders of record as of December 21, 2007. (Thu, 08 Nov 2007 21:15:00 GMT)

Cash Systems, Inc. Announces Third Quarter 2007 Financial Results
Cash Systems, ( Nachrichten ) Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced third quarter 2007 financial results. (Thu, 08 Nov 2007 21:21:44 GMT)

NovaGold and Barrick Reach Agreement to Advance Donlin Creek Project and Resolve Legal Disputes
NovaGold Resources Inc.(AMEX: NG) and Barrick Gold Corporation(NYSE: ABX) today announced that they have reached a mutually beneficial agreement to advance the development of the Donlin Creek project and resolve all outstanding legal disputes between the two companies. (Thu, 08 Nov 2007 22:45:00 GMT)

Barrick and NovaGold Reach Agreement to Advance Donlin Creek Project and Resolve Legal Disputes
Barrick Gold Corporation(NYSE: ABX) and NovaGold Resources Inc.(AMEX: NG) today announced that they have reached a mutually beneficial agreement to advance the development of the Donlin Creek project and resolve all outstanding legal disputes between the two companies. (Thu, 08 Nov 2007 22:45:00 GMT)

COSI could close next month when cash reserves run out
It will take a specific plan, with specific financing attached to it, to keep Toledo’s COSI science museum from closing sometime next month when its current cash reserves run out, the chairman of the museum’s board said yesterday before convening an executive committee meeting to discuss shutdown procedures. (Fri, 09 Nov 2007 10:16:39 GMT)

FSU women advance
Amanda Drake scored the only goal of the night as second-seeded Frostburg State beat seventh-seeded Carnegie Mellon Wednesday at Bobcat Stadium to advance to the semifinals of the ECAC Women's Soccer Southern Championship Tournament. (Fri, 09 Nov 2007 16:01:18 GMT)

BHP may need to add cash to sweeten Rio offer
BHP Billiton Ltd may have to top up its record-breaking $272 billion all-scrip bid for Rio Tinto Ltd with cash, after its initial overtures were rejected. (Fri, 09 Nov 2007 16:10:16 GMT)

Sheriff seeks leads in robbery; Reward offered by National Cash Advance
MARION - A local business is offering a reward for information leading to the arrest of the man accused of robbing one of its employees. (Fri, 09 Nov 2007 16:14:21 GMT)

Legislature considering payday loan rules
Gov. Ted Strickland supports lowering the interest rate charged by payday lenders in Ohio, but opinions vary greatly in the GOP-controlled legislature. (Sat, 10 Nov 2007 09:23:36 GMT)

Loan cap 'will help bikies'
PROPOSED changes to the short-term money lending industry would force legitimate operators out of business and result in organised crime flourishing, it has been claimed. (Sat, 10 Nov 2007 13:22:05 GMT)

Payday loans
By Christopher Ortiz (Sun, 11 Nov 2007 08:09:01 GMT)

Governor began deep in the hole
Only three weeks removed from Gov. Ernie Fletcher's 14-point win in the spring GOP primary, his re-election team received empirical proof that the governor had barely a prayer to win a second term. The campaign's first internal poll taken in early June tested possible negative messages about Democratic challenger Steve Beshear -- he favored casinos, once lobbied for the payday loan industry and ... (Sun, 11 Nov 2007 08:17:13 GMT)

The price of payday lending
The Legislature is poised to pass a bill next year that would cap interest rates for payday and title loans, short-term, high-interest loans designed to help borrowers deal with unplanned expenses between paychecks. But lawmakers are at odds over the percentage at which to impose the cap. (Sun, 11 Nov 2007 13:05:55 GMT)

Venoco, Inc. Reports Third Quarter 2007 Results
DENVER, Nov. 11 /PRNewswire-FirstCall/ -- Venoco, ( Nachrichten ) Inc. today reported financial and operating results for the third quarter of 2007. The company reported net income of $0.5 million in the period, which was affected by unrealized mark-to-market commodity derivative losses (non-cash) of $8.6 million ($5.2 million after-tax) and unrealized mark-to-market interest rate derivative ... (Mon, 12 Nov 2007 02:35:27 GMT)

PM's triple play for parents
JOHN Howard has matched Labor's tax-free home savings accounts for first homeowners and vowed to top up the accounts with budget-surplus cash. (Mon, 12 Nov 2007 04:26:00 GMT)

Alternative to payday lending?
Milwaukee's Mitchell Bank is planning to go where few banks have gone before: into the unpredictable world of... (Mon, 12 Nov 2007 07:50:58 GMT)

Standard Life Shares Advance After Resolution Bid Is Abandoned
Nov. 12 (Bloomberg) -- Standard Life Plc gained the most since last year's initial public offering after abandoning its bid for Resolution Plc, Britain's largest manager of closed life funds. (Mon, 12 Nov 2007 10:08:44 GMT)

Cash Systems, Inc. to Present at Deutsche Bank and Goldman, Sachs & Co. Gaming Investment Forum
LAS VEGAS----Cash Systems, Inc. , a provider of cash access technology solutions for the gaming industry, today announced that the company will present at the Deutsche Bank and Goldman, Sachs & Co. (Mon, 12 Nov 2007 13:30:00 GMT)

Theolia Shares Advance After Takeover Approach (Update5)
Nov. 12 (Bloomberg) -- Theolia SA, the French wind-power company part-owned by General Electric Co., rose in Paris trading after receiving a takeover approach. (Mon, 12 Nov 2007 18:05:43 GMT)

IBM Acquires Cognos in $5 Billion Deal
In what marks further consolidation of the business intelligence and performance management sector, IBM on Monday announced plans to acquire Cognos for $4.9 billion in an all-cash deal. (Mon, 12 Nov 2007 18:48:27 GMT)

Most U.S. Stocks Gain, Led by Banks; Citigroup, IBM Advance
Nov. 12 (Bloomberg) -- Most U.S. stocks rose after investors snapped up shares of banks, brokerages and department stores that had fallen to their cheapest valuations in at least 12 years. (Mon, 12 Nov 2007 19:12:21 GMT)

Would cash prizes promote cheap drugs?
James Love (Mon, 12 Nov 2007 22:31:29 GMT)

Robber holds up check business
Two female employees were unscathed during a robbery of Express Check Advance at 2157 W. Thomas St. on Friday. According to the police report, as one of the employees was closing about 5 p.m., a man approached the door. (Mon, 12 Nov 2007 23:16:26 GMT)

Cash advance store in Madison robbed
A man brandishing a handgun robbed a Hubbard Road business late Monday afternoon, according to the Madison Township Police Department. (Tue, 13 Nov 2007 03:47:04 GMT)

IBM to Acquire Cognos to Accelerate Information on Demand Business Initiative
IBM (NYSE: IBM) and Cognos® (NASDAQ: COGN) (TSX: CSN) today announced that the two companies have entered into a definitive agreement for IBM to acquire Cognos, a publicly-held company based in Ottawa, Ontario, Canada, in an all-cash transaction at a price of approximately $5 billion USD or $58 USD per share, with a net transaction value of $4.9 billion USD. The acquisition is subject to Cognos ... (Tue, 13 Nov 2007 11:31:04 GMT)

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. (Tue, 13 Nov 2007 14:21:35 GMT)

Sand Gnats Second Annual Chili Bowl Cook-off Set For Saturday
SAVANNAH, Ga. - The Sand Gnats second annual Chili Bowl Cook-Off is scheduled to take place this Saturday from noon to 5 p.m. at Historic Grayson Stadium. The event will feature chili cooked by participants from around the area. Admission is $5 in advance and $7 at the gate. (Tue, 13 Nov 2007 16:13:46 GMT)

Rentcash Inc. implements further measures to protect consumers
Rentcash Inc. has set another benchmark for the payday advance industry with new measures in Manitoba to protect consumers, reduce costs for consumers, and improve industry transparency for consumers. (Tue, 13 Nov 2007 16:15:00 GMT)

HEADLINE NEWS
Drayton Festival Theatre is taking a trip on the dark side. Friends of the Drayton Festival Theatre will be presenting Cash: The Legend at the Festival later this month, a show that’s considered to be an authentic tribute to the musician commonly referred to as the Man in Black. (Tue, 13 Nov 2007 16:45:12 GMT)

Interest rates of more than 700 per cent only fair, payday loan hearings told
WINNIPEG - The head of a payday loan company says he has every right to charge borrowers interest rates of more than 700 per cent. Leo Sorensen, of Sorensen's Loans 'Til Payday, was among the first people to speak at regulatory hearings that opened today in Winnipeg. (Tue, 13 Nov 2007 17:38:17 GMT)

Cash Systems, Inc. Receives Gaming Laboratories International (GLI) Approval for powercash
LAS VEGAS----Cash Systems, Inc. , a provider of cash access solutions for the gaming industry, today announced that Gaming Laboratories International Inc. has approved the Company's powercash operating system. (Tue, 13 Nov 2007 17:50:00 GMT)

PUB Hearings Underway Into Payday Loan Companies
Gloria Desorcy of the Consumers Association of Canada says payday loan companies are way too expensive. (Tue, 13 Nov 2007 18:41:45 GMT)

Payday Loan Industry Welcomes Regulations
Even the Payday Loan industry wants to be regulated. (Tue, 13 Nov 2007 18:42:10 GMT)

Jay-Z American Gangster
The story goes like this: After seeing an advance print of the Ridley Scott heroin-trade epic American Gangster , Jay-Z found himself inspired. The movie details the story of the Vietnam-era Harlem kingpin Frank Lucas, and Jay saw so many parallels between Lucas's life and his own. (Tue, 13 Nov 2007 18:44:20 GMT)

Cash store ordinance supported
By Adam Tobias of the Daily Times staff Tuesday, November 13, 2007 12:44 PM CST The Watertown Plan Commission Monday approved a proposed ordinance that would limit the locations of cash advance stores in the city. (Tue, 13 Nov 2007 18:54:46 GMT)

SourceMedical and ZirMed Announce Partnership to Advance Healthcare Information Management
BIRMINGHAM, Ala. & LOUISVILLE, Ky.----SourceMedical, a leading provider of outpatient information management solutions, and ZirMed, one of the nation's premier revenue cycle management firms, have formed a revolutionary partnership which provides healthcare providers much greater control of their revenue cycle. (Tue, 13 Nov 2007 20:12:00 GMT)

'Aspen' Asks Court for Advance on Loan
Aspen Executive Air LLC has asked a bankruptcy judge to order a group of lenders to give it a $200,000 emergency advance on a pending $5.7 million loan, saying it cannot operate its private airline business without the money. (Tue, 13 Nov 2007 21:30:05 GMT)

Peyto Energy Trust Announces Proposed Internal Reorganization and Confirms Cash Distributions for December 14, 2007
CALGARY, Nov. 13 /PRNewswire-FirstCall/ -- Peyto Energy Trust ( Nachrichten ) ("Peyto" or the "Trust") today confirms the cash distributions for December 2007 and announces a Special Meeting of Unitholders will be held on December 14, 2007, to consider a proposed internal reorganization. (Tue, 13 Nov 2007 22:06:34 GMT)

News Index
WINNIPEG - Provincial governments should butt out of the payday loan industry and not try to limit annual interest rates that can exceed 700 per cent, the head of one lending firm told public hearings Monday. (Tue, 13 Nov 2007 22:09:56 GMT)

Regulation of payday loans 'socialist': company owner
Public hearings are underway in Winnipeg to help Manitoba's Public Utilities Board determine how much payday loan companies will be allowed to charge Manitobans for short-term loans. (Tue, 13 Nov 2007 22:17:57 GMT)

Australian Dollar Rises for Second Day as U.S. Stocks Advance
Nov. 14 (Bloomberg) -- The Australian dollar advanced for a second day as a rally in U.S. stocks encouraged investors to buy higher-yielding assets bought with money borrowed in Japan. (Tue, 13 Nov 2007 22:44:13 GMT)

Frederick supervisors to mull ‘payday’ loan resolution
Winchester — Frederick County officials want to join a movement by Virginia communities to rein in predatory cash lenders. (Wed, 14 Nov 2007 05:46:31 GMT)

Ian Gillespie! Read the latest from our City columnist, who profiles the most interesting people in London
WINNIPEG -- Provincial governments should butt out of the payday loan industry and not try to limit annual interest rates that can exceed 700 per cent, the head of a lending firm told public hearings. (Wed, 14 Nov 2007 08:17:29 GMT)

Don't limit payday loan rates, owner tells hearing
Says his interest rates work out to 720 per cent a year but are barely enough to cover costs (Wed, 14 Nov 2007 08:18:02 GMT)

Ahearn: Save the puppies (and send cash)
Just in time for the holiday purse-snatching season comes a scam with a new twist: It involves puppies. (Credit: "") (Wed, 14 Nov 2007 08:18:31 GMT)

Loan ban hasn't left hardship
The absence of payday lending in North Carolina has not adversely affected how residents resolve financial shortfalls, according to a study released yesterday by the N.C. Office of the Commissioner of Banks. Payday lending dried up in the state in March 2006, three months after the agency ruled that the payday lenders were breaking state lending laws by charging effective annual rates of more ... (Wed, 14 Nov 2007 08:19:50 GMT)

Survey: Payday lending not missed
Most low-, moderate-income consumers say its elimination did not affect them. State official Mark Pearce says working people have financial options. (Wed, 14 Nov 2007 08:50:30 GMT)

Charlevoix County cuts back on plowing
BOYNE CITY — Following in the footsteps of many other cash-strapped road commissions around the area, the Charlevoix County Road Commission will not be plowing or salting/sanding secondary or “local” roads on weekends this winter. (Wed, 14 Nov 2007 13:18:47 GMT)

Aspen Executive Air asks court for advance on $5.7 million loan
WASHINGTON (AP) - An Aspen-based private airline business is asking a bankruptcy judge for a $200,000 emergency advance on a pending multi-million-dollar loan, saying it can't operate without the money. (Wed, 14 Nov 2007 14:10:11 GMT)

Paul Abrams: Satire Site Exposes Payday Lenders
Three technology entrepreneurs just launched a satire site exposing the payday loan industry that combines cutting edge technology, very deep coverage of the payday loan issue, and dark humor. (Wed, 14 Nov 2007 19:06:56 GMT)

Techlabs and Yaletown Capital Join Forces to Supply High-Margin Funding to Cash-Starved Independent Film Market - ...
NORTH SHORE STUDIOS, British Columbia & JENSEN BEACH, Fla., BUSINESS WIRE -- Yaletown Capital Inc. and Techlabs Inc. (Pink Sheets:TCHL) jointly announced today that after an intensive and successful due diligence process, Techlabs, through a new subsidiary named Techlabs Entertainment, has agreed to fund Yaletown Capital as it begins servicing what management believes will become a $40 million ... (Wed, 14 Nov 2007 22:23:26 GMT)

Rockford Cash Store Robbed
Rockford, IL- Rockford police are investigating an armed robbery at a cash store. It happened just before 4 Wednesday afternoon at the Advance America at 3516 East State Street. (Wed, 14 Nov 2007 23:05:12 GMT)

Asian Stocks Advance, Led by Japan's Mizuho; Zinifex Jumps
Nov. 15 (Bloomberg) -- Asian stocks rose, led by Japanese financial companies, after Mizuho Financial Group Inc. cut its profit forecast less than rivals and a trust unit boosted its earnings estimate. (Thu, 15 Nov 2007 04:05:11 GMT)

Japanese Stocks Advance, led by Banks on Mizuho Earnings Report
Nov. 15 (Bloomberg) -- Japanese stocks advanced, led by banks after Mizuho Financial Group Inc.'s earnings announcement eased concern that losses on U.S. subprime mortgage-related investments will deepen. (Thu, 15 Nov 2007 05:09:33 GMT)

Rooftop burglary suspect held
Wichita police on Wednesday said they believe they have solved the case of the "rooftop burglar." Officers arrested a 35-year-old man Tuesday in connection with 18 recent break-ins at Wichita businesses via roof vents. The burglaries began in September at businesses across Wichita, including restaurants, bars, a pool hall, a payday loan store, a clock shop, an adult video store and a home ... (Thu, 15 Nov 2007 07:17:20 GMT)

Glades General hospital runs short of cash
Admissions drop cited; district infuses $2 million Palm Beach County's only public hospital suffered a major setback this summer when it showed a $1.4 million shortfall in the wake of declining admissions, an unexpected Medicaid payback and several high-cost patients. (Thu, 15 Nov 2007 08:16:59 GMT)

Intel Announces 13 Percent Increase in Cash Dividend
SANTA CLARA, Calif.----Intel Corporation today announced that its board of directors has approved a 13 percent increase in the quarterly cash dividend to 12.75 cents per share beginning with the dividend that will be declared in the first quarter of 2008. (Thu, 15 Nov 2007 14:33:00 GMT)

Payday lenders association to require stores to advertise high interest rates
Community Financial Services Association of America, which represents 60 percent of payday lenders nationwide, said it will require all of its members to display their fees and annual percentage rates on oversized posters in all stores and on company Web sites. (Thu, 15 Nov 2007 19:59:25 GMT)

Last Call: Global Cash Access Holdings
Shares of Global Cash Access Holdings Inc., which provides ATM and cash advance services to casinos, hit a new all-time low Thursday after the company said it will delay filing its most recent quarterly report because of an ongoing internal investigation. (Thu, 15 Nov 2007 20:13:07 GMT)

AT&T, Qualcomm Hope to Cash in on Mobile Banking
The top U.S. wireless carrier debuts a banking service, while Qualcomm snaps up a technology vendor. (Thu, 15 Nov 2007 22:12:39 GMT)

Lenders use posters to tell customers payday loans’ annual cost
After years of saying the math does not apply, the payday industry now will tell borrowers in large type: If you borrow $300 for two weeks with a $45 fee, you are paying the equivalent of a 391 percent annual interest rate. Spartanburg-based Advance America and other members of the Community Financial Services Association will require its members to declare both fees and annual percentage rates. ... (Fri, 16 Nov 2007 05:15:15 GMT)

1 2 3 Next