Cash Advance News Apr 2008

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Ontario says it will protect vulnerable by cracking down on payday loans
Ontario introduced legislation Monday to crack down on payday loan companies to protect the province's "economically vulnerable" and while those in the industry applauded the move they took exception to how the Liberal government categorized their clientele. (Tue, 01 Apr 2008 00:09:11 GMT)

Initiative effort favors payday loans
Supporters file ballot initiative dubbed the Payday Loan Reform Act. (Tue, 01 Apr 2008 07:08:39 GMT)

TACOMA: Man charged in connection with payday loan robberies
Prosecutors have charged a man suspected in a string of takeover-style robberies at payday loan stores earlier this month. (Tue, 01 Apr 2008 08:29:15 GMT)

Payday loan crackdown
The Ontario government introduced legislation yesterday to curb abusive payday lending practices, but has not yet set a cap on interest rates. (Tue, 01 Apr 2008 08:31:01 GMT)

Payday loan legislation rolled out
Ontario introduced legislation yesterday to crack down on payday loan companies in order to protect the province's "economically vulnerable." While those in the industry applauded the move, they took exception to how the Liberal government categorized their clientele. (Tue, 01 Apr 2008 08:38:54 GMT)

Crackdown on payday loans
TORONTO (Apr 1, 2008) -- Ontario introduced legislation yesterday to crack down on payday loan companies to protect the province's "economically vulnerable.'' (Tue, 01 Apr 2008 08:49:09 GMT)

MPP applauds payday loan crackdown
A Mississauga MPP says new legislation introduced by the provincial government will hinder so-called payday loan operators from taking advantage of low-income Ontarians. The law would require lenders to stipulate all charges to the consumer and allow borrowers to cancel agreements. (Tue, 01 Apr 2008 12:19:50 GMT)

Ontario cracks down on payday loans
Toronto - The McGuinty Liberals have cracked down on payday loan companies, by limiting how much they can charge customers. (Tue, 01 Apr 2008 12:31:09 GMT)

Winstar hosts poker, blackjack tourneys
[ THACKERVILLE - Guaranteed cash and a chance to create or advance a TV career is drawing celebrities and some of the world's best poker and blackjack players to WinStar Casinos for World Championship Series of Poker and Blackjack tournaments. (Tue, 01 Apr 2008 12:35:49 GMT)

U.S. Stocks Advance on Lehman, UBS Capital Boosts; Banks Rally
April 1 (Bloomberg) -- U.S. stocks climbed for a second day after Lehman Brothers Holdings Inc. and UBS AG said they are raising $19 billion to replenish capital and manufacturing contracted less than forecast. (Tue, 01 Apr 2008 15:04:17 GMT)

U.S. Stocks Advance on Lehman, UBS Capital Boosts; Banks Rally
April 1 (Bloomberg) -- U.S. stocks climbed for a second day after Lehman Brothers Holdings Inc. and UBS AG said they are raising $19 billion to replenish capital, spurring speculation that the worst may be over for subprime-related losses. (Tue, 01 Apr 2008 15:19:25 GMT)

Sector Snap: Auto Parts Retailers
Shares of auto parts retailers rose Tuesday, after O'Reilly Automotive announced plans to buy CSK Auto Corp. for $500 million in a cash-and-stock deal. (Tue, 01 Apr 2008 15:57:07 GMT)

U.S. Stocks Advance After Lehman, UBS Raise Capital; Banks Gain
April 1 (Bloomberg) -- U.S. stocks posted their biggest gain in more than a week after Lehman Brothers Holdings Inc. and UBS AG said they are raising $19 billion to replenish capital, spurring speculation that the worst may be over for subprime- related losses. (Tue, 01 Apr 2008 16:04:17 GMT)

Global Cash Access, Inc. Completes Acquisition of Certegy Gaming Services, Inc.
LAS VEGAS----Global Cash Access, Inc. announced today that it has closed the acquisition of Certegy Gaming Services, Inc. , formerly known as Game Financial, from Fidelity National Transaction Services, Inc., a subsidiary of Fidelity National Information Services, Inc. . (Tue, 01 Apr 2008 20:44:00 GMT)

Global Cash Access, Inc. Completes Acquisition of Certegy Gaming Services, Inc.
Global Cash Access, Inc. (GCA) announced today that it has closed the acquisition of Certegy Gaming (Tue, 01 Apr 2008 20:52:55 GMT)

Police seeking help in cash advance robbery 04/02/08
LINCOLN PARK — Police are asking for the public's help in identifying two men who robbed a cash advance store Monday. According to police, the men entered Advance America, 1859 Southfield Road, at about 1 p.m. after being buzzed in by an employee. (Tue, 01 Apr 2008 22:33:55 GMT)

Police seek information on car seen at Cash N Advance robbery
BARSTOW — The Barstow Police Department have released photos of a car believed to be involved with the robbery of a check-cashing store last month. (Tue, 01 Apr 2008 22:59:26 GMT)

Arkansas AG says minority of payday lenders say they're closing
Attorney General Dustin McDaniel sent payday loan companies cease-and-desist letters last month. (Tue, 01 Apr 2008 23:14:59 GMT)

Carencro Business Held Up
A man with a bandana held up a Carencro business Monday morning. Carnecro Police spent most of the morning on the scene at Cash Advance. (Wed, 02 Apr 2008 01:39:06 GMT)

Bank robberies up in Charlotte; police seek 2 in theft, shooting
Tameisha Hayes went to get a cash advance from her paycheck just before lunch Tuesday. A few hours later, she was thankful not to be hurt after an armed gunman demanded money and shot a teller inside a branch of the State Employees' Credit Union in west Charlotte. The teller, a woman whom police have not identified, was in critical condition Tuesday night. Robberies of financial institutions ... (Wed, 02 Apr 2008 02:45:54 GMT)

Auto Parts Chain Agrees to Buy a Rival
DETROIT (Reuters) O?Reilly Automotive said Tuesday that it had reached a cash-and-stock deal worth $528 million to buy a rival, the CSK Auto Corporation. (Wed, 02 Apr 2008 04:25:04 GMT)

Teller is shot in robbery at SECU
Tameisha Hayes went to get a cash advance from her paycheck just before lunch Tuesday. A few hours later, she was thankful not to be hurt after an armed gunman demanded money and shot a teller inside a branch of the State Employees' Credit Union in west Charlotte. The teller, a woman whom police have not identified, was in critical condition Tuesday night. Robberies of financial institutions ... (Wed, 02 Apr 2008 10:25:28 GMT)

Stocks Advance in Europe, Asia; U.S. Futures Are Little Changed
April 2 (Bloomberg) -- Stocks rose in Europe and Asia, led by banks and insurers, as investors speculated financial firms will weather credit-market losses. U.S. index futures were little changed. (Wed, 02 Apr 2008 11:46:39 GMT)

AdvanceMe Continues to Champion Industry Best Practices
AdvanceMe, Inc., the nation's leading provider of Merchant Cash Advances for small and mid-sized businesses, announces the upcoming release of the company's next industry white paper entitled "Best Practices for Merchant Cash Advance Providers: Assessment of Risk." This white paper is the second in a series regarding current issues for the Merchant Cash Advance industry, specifically the ... (Wed, 02 Apr 2008 13:00:00 GMT)

Cash Bash V being held over two nights
By Jeff Hahne.Johnny Cash fans rejoice -- the annual Cash Bash will be held over two nights this year. While technically a pre-party and main bash, it's really just 13 bands paying tribute to the Man in Black. On April 4, The Belmont Playboys, The Truckstop Preachers, Jem Crossland & The Hypertonics, The Defilers and Cattletruck will rock Puckett's Farm Equipment. On April 5, Rocket 350, ... (Wed, 02 Apr 2008 14:50:23 GMT)

Fee For KC Payday Loan Shops Up To Voters
Voters will decide April 8 if the city can charge payday loan businesses an annual $1,000 fee. (Wed, 02 Apr 2008 17:31:12 GMT)

Ark: Few Payday Lenders Closing
Attorney General Dustin McDaniel on Tuesday said that only a handful of payday lending companies in the state have told his office they will shut down or have already done so rather than face the threat of a lawsuit accusing them of violating the state's ban on high-interest loans. (Wed, 02 Apr 2008 18:10:18 GMT)

Quick cash store robber pleads guilty
A man charged with multiple armed robberies at area "cash stores" pleaded guilty yesterday on the first day of his trial. (Wed, 02 Apr 2008 19:42:09 GMT)

Attorney General's Office Demands Cash Flow Stop for Payday Lenders
April 2, 2008 - Posted at 5:03 p.m. CDT -- Based on two recent Arkansas Supreme Court Decisions regarding high interest rates charged by payday loan companies, the Arkansas Attorney General's Office is demanding that payday lenders stop their lending practices immediately. (Wed, 02 Apr 2008 22:07:52 GMT)

Alberta government quietly reviewing whether to regulate payday loan industry
EDMONTON - Alberta is quietly looking at whether it should regulate the payday loan industry, but with the deadline for submissions only weeks away, some agencies that deal with the working poor were not even aware of the review. (Wed, 02 Apr 2008 22:58:59 GMT)

Banning Payday Lending May Hurt Some
ROGERS - Jason Sandlin used a payday lender and didn't feel he was being preyed upon. (Thu, 03 Apr 2008 02:26:49 GMT)

Salt Lake County plans to pass ordinance on payday lenders
A six-month moratorium banning any new payday lenders in unincorporated Salt Lake County ended on Tuesday. (Thu, 03 Apr 2008 06:23:01 GMT)

eCommission's Bridge Listing Advance Deemed a Success by Real Estate Agents
eCommission Financial Services Inc. announced success of its newest product, Bridge Listing Advance. (Thu, 03 Apr 2008 07:01:00 GMT)

Banning Payday Lending May Hurt Some
ROGERS - Jason Sandlin used a payday lender and didn't feel he was being preyed upon. (Thu, 03 Apr 2008 07:46:46 GMT)

Alberta considers payday loan regulations
EDMONTON -- Alberta is quietly looking at whether it should regulate the payday loan industry. But with the deadline for submissions only weeks away, some agencies that deal with the working poor were not even aware of the review. (Thu, 03 Apr 2008 09:06:46 GMT)

Man admits robbing cash advance stores
GRAND RAPIDS -- An Indiana native, who pleaded guilty this week to robbing two Kent County cash advance stores last summer, faces life in prison at an April 23 sentencing hearing, records show. (Thu, 03 Apr 2008 13:31:20 GMT)

Are Payday Loan Businesses Preying on the Poor?
When you need quick cash, you can find lots of businesses around town that'll give you a loan until your next paycheck. But one councilwoman believes too many of the... (Thu, 03 Apr 2008 15:40:07 GMT)

U.S. Stocks Advance After Merrill Assuages Capital Concern
April 3 (Bloomberg) -- U.S. stocks rose as commodity producers rallied and Merrill Lynch & Co. said it has sufficient capital to weather credit losses, overpowering earlier declines sparked by a jump in unemployment claims and loan delinquencies. (Thu, 03 Apr 2008 18:28:01 GMT)

Activists Pressure Kaine To Sign Bill Regulating Payday Loan Industry
Activists are putting pressure on Virginia Gov. Tim Kaine to sign a bill regulating the payday loan industry. (Thu, 03 Apr 2008 21:10:03 GMT)

Yonkers to get $20 million state aid advance to help soothe budget woes
Yonkers will receive a $20 million cash advance in response to city leaders' appeals for extra state support. (Thu, 03 Apr 2008 23:32:40 GMT)

Payday lending opponents: proposed reforms insufficient
BY JEFF E. SCHAPIRO Times-Dispatch Staff Writer Foes of payday lending say new restrictions on money stores don't go far enough in protecting Virginians and will drive up the cost of borrowing. "It's like having an automobile with a speedometer but no brakes," said Frank Berrey of AARP, the seniors-advocacy organization. (Fri, 04 Apr 2008 02:29:58 GMT)

London MPP initiated proposed PayDay Loans legislation
Ontario has introduced legislation to help protect individuals and families that use the services of payday lending operators, and a London MPP was the original driving force behind the motion, four years ago. (Fri, 04 Apr 2008 03:37:45 GMT)

Voters To Decide On Payday Loan Regulation Fee
It's a big city issue flying under the radar. Question Two: new fees for the more than a hundred payday loan establishments in the city. Question Two would charge payday loan spots an annual $1,000 fee that would be used to more closely regulate and monitor them. (Fri, 04 Apr 2008 03:53:03 GMT)

Yonkers gets $20M advance from state
Yonkers will receive a $20 million cash advance in response to city leaders' appeals for extra state support. (Fri, 04 Apr 2008 06:33:50 GMT)

Payday lending debate may not be over
Industry critics hope to have the legislature's overhaul amended. Virginia lawmakers fell short this year in attempting to regulate payday lenders by passing legislation that is confusing and open to interpretation, industry critics said Thursday. (Fri, 04 Apr 2008 07:32:46 GMT)

London midday: Br Energy leads advance
London continues to trade comfortably above 5,900 as resource plays improve and British Energy rallies on bid speculation. (Fri, 04 Apr 2008 11:30:00 GMT)

Treasuries Advance After Job Losses in March Exceed Forecasts
April 4 (Bloomberg) -- Treasuries rose after a report showed the U.S. lost more jobs in March than analysts forecast, indicating an economic slump that began last year is deepening. (Fri, 04 Apr 2008 13:04:27 GMT)

Treasuries Advance After Job Losses in March Exceed Forecasts
April 4 (Bloomberg) -- Treasuries rose, led by longer- maturity debt, after a government report showed the U.S. lost more jobs in March than analysts forecast, reinforcing speculation the economy is in a recession. (Fri, 04 Apr 2008 14:19:22 GMT)

Treasuries Advance After Job Losses in March Exceed Forecasts
April 4 (Bloomberg) -- Treasuries rose, led by longer- maturity debt, after a government report showing the U.S. lost more jobs in March than analysts forecast reinforced speculation the economy is in a recession. (Fri, 04 Apr 2008 15:49:17 GMT)

U.S. Stocks Gain as Utilities, Commodity Producers Lead Advance
April 4 (Bloomberg) -- U.S. stocks gained, extending the market's biggest weekly advance since February, as a rally in commodity producers and utilities overshadowed the biggest loss in jobs since 2003. (Fri, 04 Apr 2008 17:49:27 GMT)

U.S. Stocks Gain as Utilities, Commodity Producers Lead Advance
April 4 (Bloomberg) -- U.S. stocks gained, extending the market's biggest weekly advance in more than two months, as a rally in commodity producers and utilities overshadowed the biggest loss in jobs since 2003. (Fri, 04 Apr 2008 18:19:17 GMT)

Manitoba sets limits on interest rates payday loan companies charge customers
WINNIPEG - Manitoba has set strict limits on the interest rates that payday loan companies can charge customers. And the Manitoba Public Utilities Board says the new maximum rates will be significantly lower than the average amounts now being charged. (Fri, 04 Apr 2008 19:43:59 GMT)

Manitoba caps payday loan interest rates
From Saturday's Globe and Mail — Manitoba has become the first province in Canada to slap payday loan companies with caps on the interest rates they can charge customers, a move the industry says will throw lenders out of business and drive people to loan sharks and pawnshops. (Fri, 04 Apr 2008 23:42:50 GMT)

Asian Stocks Rise in First Two-Week Gain This Year; Banks Climb
April 5 (Bloomberg) -- Asian stocks completed their first two-week advance of the year, led by financial companies, on speculation securities sales by banks will provide adequate capital to withstand further credit-market losses. (Sat, 05 Apr 2008 00:46:33 GMT)

Manitoba sets limits on interest rates payday loan companies charge customers
The Canadian Press April 4, 2008 - 9:31 p.m. WINNIPEG - Manitoba has set strict limits on the interest rates that payday loan companies can charge customers. (Sat, 05 Apr 2008 01:40:25 GMT)

Manitoba sets limits on interest rates payday loan companies charge customers
WINNIPEG - Manitoba has set strict limits on the interest rates that payday loan companies can charge customers. The Manitoba Public Utilities Board announced Friday that the new maximum rates will be significantly lower than the average amounts now being charged. (Sat, 05 Apr 2008 02:04:24 GMT)

Interest rate limits imposed on payday loan companies
The Manitoba Public Utilities Board has set limits on interest rates payday loan companies can charge customers. (Sat, 05 Apr 2008 03:08:38 GMT)

Province enacts curbs on payday loan lending rates
Manitoba has become the first province in Canada to regulate the rates payday loan lenders can charge customers, and the industry is not happy about it. (Sat, 05 Apr 2008 07:43:59 GMT)

Crandall Canyon tragedy: Miners' monument cash in place
Thanks to $125,000 in donations from the Huntsman family, funding is largely intact for a public monument in Huntington that will honor the nine men killed in August's Crandall Canyon mine collapses. (Sat, 05 Apr 2008 07:49:21 GMT)

Manitoba caps payday loan interest rates
Manitoba has become the first province in Canada to slap payday loan companies with caps on the interest rates they can charge customers, a move the industry says will throw lenders out of business and drive people to loan sharks and pawnshops. (Sat, 05 Apr 2008 10:13:20 GMT)

Hospital gets $5M state boost
STATEN ISLAND, N.Y. -- Richmond University Medical Center will benefit from a $5 million shot in the arm, thanks to a cash infusion from the state. (Sat, 05 Apr 2008 22:07:02 GMT)

Local outdoorsmen can compete for cash, prizes
HOUMA An outdoor skills competition this month in Denham Springs will test local hunters and fishermen and women and give the winners more than just bragging rights.Winners from the competition will get a chance to compete at the regional and national levels for cash, equipment prizes and a feature in Field amp Stream magazine. (Sun, 06 Apr 2008 01:04:26 GMT)

Local outdoorsmen can compete for cash, prizes
HOUMA -- An outdoor-skills competition this month in Denham Springs will test local hunters and fishermen and women and give the winners more than just bragging rights. (Sun, 06 Apr 2008 01:12:56 GMT)

CONSUMER WATCH
Look for signs you're in a danger zone On the eve of a recession, the last place you need to be is in the financial red zone. Lenders get stingy with credit and cash is king, leaving cash-strapped, credit-addicted consumers up the creek without a paddle. Are you in the financial red zone? Here's how you can tell and what to do. The tips are based on a discussion with Gail Cunningham, spokeswoman ... (Sun, 06 Apr 2008 04:18:46 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, 06 Apr 2008 06:10:21 GMT)

'Battle of the Bands' to raise funds for Kenyan school
Western Howard Briefs Twelve local high school bands will compete for cash and performance opportunities at "Live 12: Battle of the Bands," to be held at 7:30 p.m. Friday at The Gathering Place, 6120 Day Long Lane, in the River Hill Village Center in Clarksville. (Sun, 06 Apr 2008 07:47:52 GMT)

Inventory Workshop
This hands-on workshop offered by Historic Annapolis Foundation historian Jean Russo will compare and contrast 17th- and 18th-century inventories to learn about colonial Annapolis life. Materials sent in advance to facilitate asking questions and exchanging information. $25 admission. $20 members. (Mon, 07 Apr 2008 04:07:00 GMT)

European Stock-Index Futures Advance; BHP, Rio, UBS May Climb
April 7 (Bloomberg) -- European stock-index futures gained after Goldman Sachs Group Inc. upgraded mining shares and copper rallied to near a record high. (Mon, 07 Apr 2008 07:01:14 GMT)

Stocks in Europe, Asia Advance; U.S. Index Futures Increase
April 7 (Bloomberg) -- Stocks rose in Europe and Asia as Nestle SA sold Novartis AG a stake in its eyecare unit, takeover speculation boosted British Energy Group Plc and Goldman Sachs Group Inc. upgraded mining shares. U.S. index futures advanced. (Mon, 07 Apr 2008 08:31:14 GMT)

Stocks in Europe, Asia Advance; U.S. Index Futures Increase
April 7 (Bloomberg) -- Stocks rose in Europe and Asia as Nestle SA sold Novartis AG a stake in its eye-care unit, takeover speculation boosted British Energy Group Plc and Goldman Sachs Group Inc. upgraded mining shares. U.S. index futures advanced. (Mon, 07 Apr 2008 09:31:14 GMT)

Stocks in Europe, Asia Advance; U.S. Index Futures Increase
April 7 (Bloomberg) -- Stocks rose in Europe and Asia as Merrill Lynch & Co. said the worst of the credit-market turmoil is over, Goldman Sachs Group Inc. advised buying mining shares and companies announced more than $11 billion of mergers. U.S. index futures advanced. (Mon, 07 Apr 2008 10:31:14 GMT)

Fire guts payday loan operation
The Loan Max at 6900 Midlothian Turnpike, near the entrance to the northbound Chippenham Parkway, caught fire around 6 a.m. and the fire was contained within 45 minutes. (Mon, 07 Apr 2008 11:19:36 GMT)

Firefighters battle early morning payday loan blaze
Fire officials say it took about 45 minutes to control the flames at the Loan Max Payday Loan Center on Midlothian Turnpike. But they say the fire was probably burning long before that. (Mon, 07 Apr 2008 12:11:14 GMT)

Stocks in Europe, Asia Advance; U.S. Index Futures Increase
April 7 (Bloomberg) -- Stocks rose in Europe and Asia as Merrill Lynch & Co. said the worst of the credit markets' turmoil is over, Goldman Sachs Group Inc. advised buying mining shares and companies announced more than $11 billion of mergers. U.S. index futures advanced. (Mon, 07 Apr 2008 12:46:14 GMT)

Stocks advance as deal talk increases
Wall Street advanced Monday following reports of potential corporate deals - including news that Washington Mutual Inc. might get a $5 billion investment from private equity firms. Washington Mutual, the nation's largest thrift, is in talks with buyout shop TPG Inc. and other investors about selling a stake in itself in return for cash, according to The Wall Street Journal. The company, which ... (Mon, 07 Apr 2008 13:47:04 GMT)

U.S. stocks open higher as WaMu cash report spurs financials
U.S. stocks open firmly higher on Monday, with a report of a $5 billion injection into Washington Mutual fueling hopes that ailing financial firms are on course to restoring their financial health. (Mon, 07 Apr 2008 14:03:00 GMT)

U.S. stocks rise as WaMu cash report spurs financials
U.S. stocks open firmly higher on Monday, with a report of a $5 billion injection into Washington Mutual fueling hopes that ailing financial firms are on course to restoring their financial health. (Mon, 07 Apr 2008 14:47:00 GMT)

Stocks advance as deal talk increases
Wall Street advanced Monday following reports of potential corporate deals — including news that Washington Mutual Inc. might get a $5 billion investment from private equity firms. (Mon, 07 Apr 2008 15:35:07 GMT)

European Stocks Advance; UBS, Anglo American and Nestle Climb
April 7 (Bloomberg) -- European stocks rose for a second day as companies announced more than $14 billion of mergers, Merrill Lynch & Co. said the worst of the credit markets' turmoil is over and Goldman Sachs Group Inc. advised buying mining shares. (Mon, 07 Apr 2008 16:16:20 GMT)

U.S. stocks rise as WaMu cash report spurs financials
U.S. stocks extend early gains, with financial shares leading the way on reports of a $5 billion injection for Washington Mutual, and the energy sector rallying on rising crude-oil prices. (Mon, 07 Apr 2008 17:31:00 GMT)

Stocks Advance As Deal Talk Increases
Wall Street posted gains in early trading after reports of several potential corporate deals. (Mon, 07 Apr 2008 17:40:09 GMT)

Stocks advance as deal talk increases
Wall Street advanced Monday as reports of corporate dealmaking — including talk of a $5 billion investment in Washington Mutual Inc. — gave investors reason to extend last week's gains. (Mon, 07 Apr 2008 18:34:50 GMT)

Stocks Advance as Deal Talk Increases
Wall Street rose in midday trading after reports of several potential corporate deals, including news that Washington Mutual might get a $5 billion investment. (Mon, 07 Apr 2008 19:40:09 GMT)

Investor's Corner: Short Selling Works In Bear Markets, Has Risks
The best place for most investors to be during a downturn is in cash. (Mon, 07 Apr 2008 21:51:06 GMT)

Groups that help disabled getting cash over parking tag fight
A Boulder attorney has finally won a 12-year fight that began with the Colorado Department of Revenue's practice of charging people who applied for handicapped parking placards. (Tue, 08 Apr 2008 06:11:21 GMT)

Payday loan rate changes confuse cops
New payday loan rates introduced by the province last week are still well above what Canada considers a criminal interest rate, something Winnipeg police are not happy about. (Tue, 08 Apr 2008 07:07:48 GMT)

Are branded drugs worth the extra cash?
Are branded drugs worth the extra cash? Lucy Atkins finds out whether generic alternatives can do the same job for less (Tue, 08 Apr 2008 08:21:37 GMT)

Ontario gets payday loan example
The Ontario government is searching for an academic, a businessperson and a social advocate to form an independent advisory panel tasked with deciding how much it should cost to get so-called payday loans – short term, often used by people to make it to the next paycheque – in this province. (Tue, 08 Apr 2008 08:46:57 GMT)

AG: Almost All Payday Outlets In Arkansas To Close
FAST FACTS: AG says almost all of state's 156 payday loan businesses will close AG threatened to sue businesses Some payday loan businesses were charging more than 17% interest george.brown@wreg.com (Little (Tue, 08 Apr 2008 16:04:41 GMT)

Attorney general: Almost all payday loan outlets in Arkansas plan to close
Attorney General Dustin McDaniel told payday loan companies last month that they are violating the state constitution. (Tue, 08 Apr 2008 16:30:08 GMT)

Liquidity surge due to Govt spending, advance tax money
Mumbai, April 8 The excess cash in the banking system surged to Rs 79,005 crore on Tuesday, once again giving rise to speculation that the Reserve Bank of India may resort to a hike in cash reserve ratio in order to suck out excess liquidity. (Tue, 08 Apr 2008 18:56:44 GMT)

Most Ark. Payday Outlets Set to Close
Attorney General Dustin McDaniel said Tuesday that most of the payday lending companies operating in Arkansas have said they will close or stop issuing high-interest loans in response to his threat last month to sue them if they continued to do business in the state. (Tue, 08 Apr 2008 19:30:50 GMT)

2 Suspects Wanted In Wyoming Robbery
WYOMING — The Check 'n Go Cash Advance on 28th street was hit this afternoon, now police are trying to identify 2 suspects. Police say the call came in around 3:45 p.m. for an armed robbery. The store is located next to Studio 28. (Tue, 08 Apr 2008 22:18:45 GMT)

Ark. Payday Lenders to Stop Loans
Most payday lending companies in Arkansas say they will close or stop issuing high-interest loans to avoid being sued for violating the state constitution, Attorney General Dustin McDaniel said Tuesday. (Tue, 08 Apr 2008 22:24:05 GMT)

Cash Store Financial appoints new directors
The Cash Store Financial Services Inc. announced today the appointment of two new directors and two consultants to its Board of Directors. J. Albert Mondor and Robert J.S. Gibson will join the Company's Board of Directors. (Tue, 08 Apr 2008 23:40:00 GMT)

Payday loan business fee OK'd by voters
Payday loan establishments in Kansas City will have to pay a $1,000 annual fee beginning in 2009 to reimburse the city for regulation of the businesses. (Wed, 09 Apr 2008 04:22:16 GMT)

How to cash in on the rebate
The April 15 IRS filing deadline carries a bit more importance this year. Eligible taxpayers will receive up to $600 ($1,200 for joint-filing married couples). Plus, parents will pocket an additional $300 for each eligible child under age 17. (Wed, 09 Apr 2008 06:20:17 GMT)

Speaker tires of waiting on bill over payday loans
Ohioans may find out soon whether payday lenders will have to cut their interest rates. (Wed, 09 Apr 2008 07:54:35 GMT)

Franco-Nevada Seeks $250 Million in Acquisitions, Harquail Says
April 9 (Bloomberg) -- Franco-Nevada Corp. , the mining and energy royalty company that went public in December, is seeking about $250 million in acquisitions as metals prices advance. (Wed, 09 Apr 2008 11:08:46 GMT)

McDaniel: Majority of Payday Lenders in Arkansas Say They Will Shut Down
Most payday lending companies operating in Arkansas have said they will close or stop issuing high-interest loans to avoid being sued for violating the state constitution, Attorney General Dustin McDaniel says. (Wed, 09 Apr 2008 12:43:48 GMT)

AG: Majority of payday lenders in Ark. say they will shut down
LITTLE ROCK - Most payday lending companies operating in Arkansas have said they will close or stop issuing high-interest loans to avoid being sued for violating the state constitution, Attorney General Dustin McDaniel said Tuesday. (Wed, 09 Apr 2008 12:59:36 GMT)

Merchant Cash Advance Leader Secures $140 Million in Borrowing Facilities
Capital Access Network, Inc. today announced that it has closed new financing arrangements, supporting its ability to serve the increased demand for working capital from small to mid-size businesses. (Wed, 09 Apr 2008 13:00:00 GMT)

Two robbers escape with cash
WYOMING -- Police were searching for two men who robbed the Check N Go cash advance store at 1284 28th St. SW on Tuesday. The suspects entered the store around 3:45 p.m., police said. One was armed. They demanded cash from the clerk, and fled on foot with an undisclosed amount, Lt. Kim Koster said. (Wed, 09 Apr 2008 13:32:40 GMT)

Spirit AeroSystems shares rally on revised supply agreement with Boeing
NEW YORK (Thomson Financial) - Shares of Spirit AeroSystems Inc. soared Wednesday after the company said it had revised a B787 supply agreement with Boeing Co. that would result in additional cash advance payments to Spirit in 2008. (Wed, 09 Apr 2008 13:55:19 GMT)

Home Equity Income Trust Subsidiary Announces New Best Rate Planned Advance Option
Home Equity Income Trust's subsidiary, Canadian Home Income Plan Corporation , today announced the availability of a Best Rate Planned Advance Option that affords homeowners aged 60 and older the ability to turn $1,000 of their home equity into tax-free cash on a monthly basis. (Wed, 09 Apr 2008 15:00:00 GMT)

McDaniel: Payday Lenders Agree To Terms
LITTLE ROCK — Almost all of the payday lending operations ordered by the state to cease illegal lending practices have said they will comply, Attorney General Dustin McDaniel announced Tuesday. (Wed, 09 Apr 2008 19:10:21 GMT)

Husted wants payday lending bill passed within 2 weeks
House Speaker Jon Husted said today he wants a payday lending bill passed within the next two weeks, and he senses growing support in his caucus for an interest rate cap. (Wed, 09 Apr 2008 20:08:29 GMT)

Not All Payday Lenders Close
ROGERS - Not all payday lenders in Arkansas have stopped giving loans. Some haven't even been told to stop. (Thu, 10 Apr 2008 02:27:08 GMT)

Litrak, Gamuda advance, oil hits US$112
KUALA LUMPUR : Share prices of tolled road operator Litrak and its major shareholder Gamuda rose in early trade on Thursday after Litrak announced a cash distribution of RM1 per share; major Asian markets were mixed as US oil hit a record US$112.21 (RM358). (Thu, 10 Apr 2008 02:28:45 GMT)

Payday lenders swarm hearing
COLUMBUS: In his third hearing to tighten regulations on payday lending, Ohio Attorney General Marc Dann was confronted by a church full of vocal and organized industry supporters. (Thu, 10 Apr 2008 05:31:45 GMT)

Not All Payday Lenders Close
ROGERS - Not all payday lenders in Arkansas have stopped giving loans. Some haven't even been told to stop. (Thu, 10 Apr 2008 07:45:30 GMT)

Husted cites support for payday-loan cap
House Speaker Jon Husted said yesterday that he senses growing support in his caucus for a lower interest-rate cap on payday lenders, and he wants a bill passed within two weeks. (Thu, 10 Apr 2008 08:09:35 GMT)

Culver vacations at donor’s condo
When lawmakers were debating a controversial bill on union power, Gov. Chet Culver was vacationing at the $1 million Florida penthouse of a wealthy Iowa campaign contributor. Culver paid in advance for his lodging in March at the Sarasota condominium of real estate developer Bill Knapp. But the amount paid was less than half of what a similar rental property there would fetch, a real estate ... (Thu, 10 Apr 2008 09:17:03 GMT)

Techs fuel bigger advance
Stocks rallied Thursday, building on the recent market advance, as investors welcomed an upgrade of Intel, lower commodity prices and improved earnings forecasts from Dow stocks Wal-Mart and DuPont. (Thu, 10 Apr 2008 14:03:49 GMT)

S.C. lawmakers tweak payday bill
An S.C. House subcommittee voted Thursday to double the amount payday companies can lend and stripped it of provisions that would have limited loans to 25 percent of a borrower’s income. S.C. Rep. Phillip Owens, R-Pickens, who made the motion for the changes, said the moves avoided needless government interference. But consumer advocates said Owens’ changes stripped the bill of vital protections ... (Thu, 10 Apr 2008 16:10:59 GMT)

Senators advance bill to move State Fair to Grand Island
The Legislature can’t put the Nebraska State Fair issue on a statewide ballot, senators said Wednesday before they gave second-round approval to a plan that will send the fair to Grand Island in 2010 and give fair land in Lincoln to the University of Nebraska for a future research park. (Thu, 10 Apr 2008 16:52:14 GMT)

Stocks gain as Apple, techs pull others higher
Stocks finished with some decent gains Thursday, helped by an advance in technology shares after J.P. Morgan Securities raised its profit forecasts on tech bellwether Apple (AAPL). (Thu, 10 Apr 2008 21:24:50 GMT)

Florida Lottery changing Cash 3, Play 4 games to twice a day
(Thu, 10 Apr 2008 21:44:12 GMT)

House panel strips key payday lending protection
COLUMBIA -- Consumer advocates decried a move by a House panel today that stripped a key payday lending protection from a bill that would have tied loan limits to a borrower's income. (Fri, 11 Apr 2008 02:20:12 GMT)

Bill eases payday lending limits
An S.C. House subcommittee voted Thursday to increase the amount payday companies can lend and stripped it of provisions that would have limited loans to 25 percent of a borrower’s income. S.C. Rep. Phillip Owens, R-Pickens, who made the motion for the changes, said the moves avoided needless government interference. But industry critics said Owens’ changes leave borrowers at risk of being ... (Fri, 11 Apr 2008 04:04:21 GMT)

Cash Plus boss, brother arrested
Carlos Hill and his brother Bertram Hill were yesterday arrested during an early morning raid on Carlos Hill's upscale St Andrew home on suspicion that they have defrauded billions of dollars from lenders to the failed alternative investment club Cash Plus Limited. (Fri, 11 Apr 2008 08:36:14 GMT)

U.K. Stocks Advance, Led by Amec, BP on Upgrades by Brokerages
April 11 (Bloomberg) -- U.K. stocks rose for the first time in four days, led by Amec Plc, Europe's largest engineering adviser to commodity producers, and BP Plc , the region's second-biggest oil company, after brokerages upgraded the shares. (Fri, 11 Apr 2008 08:50:31 GMT)

Copper Heads for Weekly Decline in London on Demand Speculation
April 11 (Bloomberg) -- Copper headed for a weekly decline in London on speculation this year's advance, the biggest in at least two decades, will deter consumption of the metal. (Fri, 11 Apr 2008 12:33:23 GMT)

House panel strips key payday lending protection
COLUMBIA Consumer advocates decried a move by a House panel Thursday that stripped a key payday lending protection from a bill that would have tied loan limits to a borrower s income. (Fri, 11 Apr 2008 19:27:57 GMT)

What are PowerRatings Saying About the Economy?
Sometimes you will own stocks that begin to breakdown before the market does, giving you a heads up to greater potential weakness going forward. Other times, your stocks will continue to advance as the market begins to show signs of weakness. (Fri, 11 Apr 2008 20:00:00 GMT)

Airlines face new cash challenge
Frontier Airlines, the latest airline to file for bankruptcy, was pushed over the brink by a problem that could spread to other carriers: credit card troubles. The carrier on Friday blamed its Chapter 11 bankruptcy protection on a cash squeeze caused by its credit card processing company, which has decided to keep a larger chunk of the Denver airline's ticket revenue. The move ends a policy ... (Fri, 11 Apr 2008 20:28:38 GMT)

Airlines Face New Cash Challenge
Frontier Airlines, the latest airline to file for bankruptcy, was pushed over the brink by a problem that could spread to other carriers: credit card troubles. The carrier on Friday blamed its Chapter 11 bankruptcy protection on a cash squeeze caused by its... (Fri, 11 Apr 2008 20:42:47 GMT)

(Updated) Philippine capital releases cash for repair of schools
(Updated 5:14) MANILA, Philippines - The City Hall of Manila has released cash advances to its public schools, allowing these facilities to undertake repair and maintenance this summer in preparation for the school opening this June. (Sat, 12 Apr 2008 09:17:32 GMT)

Veltroni has criticised Berlusconi, but many voters say there is little to choose between the two [AFP]
Campaigning has ended in advance of Italy's general election, with Walter Veltroni, a former Rome mayor, saying that Silvio Berlusconi, the media tycoon and two-time prime minister, is "no statesman". (Sat, 12 Apr 2008 09:32:18 GMT)

UPDATED: Police storm Jacato Drive apartment building
RACINE — Drugs, cash and guns were discovered during an early Saturday morning raid in which Racine police and other agencies executed six search warrants at an apartment building at 2500 Jacato Drive. Eight people were taken into custody. (Sat, 12 Apr 2008 19:12:51 GMT)

Worst To Best Hybrids
These are the worst to best hybrids on the U.S. market today Between Toyota increasing Prius production to satisfy demand and Detroit hoping to cash in with greener updates of current models, more hybrids are hitting the streets -- which makes sense, considering summer gas prices are forecast to climb to infinity and beyond. (Sun, 13 Apr 2008 04:27:47 GMT)

Bill Clinton, China linked via his foundation
A firm that has donated to the president's charity is accused of collaborating with the government in its crackdown on Tibetan activists. Hillary Clinton has spoken out against China's actions. As Chinese authorities have clamped down on unrest in Tibet and jailed dissidents in advance of the 2008 Olympics, Sen. Hillary Rodham Clinton has taken a strong public stance, calling for restraint in ... (Sun, 13 Apr 2008 07:09:36 GMT)

W.Va. Legislative races attracted nearly $2M in advance of primary
CHARLESTON -- Incumbents and challengers alike are amassing some of the larger war chests for this year's legislative races, with receipts nearing $2 million as the May 13 primary election approaches. (Mon, 14 Apr 2008 02:44:02 GMT)

Alliance Community Hospital to compare itself to area facilities
Alliance area residents may be able to trade hospital bills for cash. Alliance Community Hospital is asking community members to submit copies of Explanation of Benefits forms and their corresponding bills from other hospitals. (Mon, 14 Apr 2008 03:58:29 GMT)

DuPage hobbies calendar
Submit events at least two weeks in advance to Melynda Findlay via e-mail to mfindlay@dailyherald.com or by fax, (630) 955-0895. (Mon, 14 Apr 2008 05:37:38 GMT)

Legislative races attracted nearly $2m in advance of primary
CHARLESTON, W.Va. (AP) — Incumbents and challengers alike are amassing some of the larger war chests for this year’s legislative races, with receipts nearing $2 million as the May 13 primary election approaches. (Mon, 14 Apr 2008 05:58:31 GMT)

Cards weigh down Frontier
Frontier Airlines blamed its Chapter 11 bankruptcy protection on a cash squeeze caused by its credit card processing company. (Mon, 14 Apr 2008 09:36:21 GMT)

Food fight could get ugly, but...
The latest fad doing the rounds these days: hints on how cash-strapped South Africans ought to save, well, cash. (Mon, 14 Apr 2008 12:50:34 GMT)

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