Cash Advance News Jul 2008

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Meadowbrook Insurance receives advance commitments to finance ProCentury merger
Meadowbrook Insurance Group has received financing commitments totaling $85 million to its proposed $100 million senior credit facilities, which are being arranged by Banc of America Securities. (Tue, 01 Jul 2008 00:35:09 GMT)

Masked gunman robs North Augusta Quick Cash
Aiken County Deputies are looking for a masked gunman who robbed the Quick Cash Payday Loans at 4701 Jefferson Davis Highway. (Tue, 01 Jul 2008 01:55:09 GMT)

Regional News Briefs
MILWAUKEE COUNTY Drugs, cash found in slain man's apartment Police said they found a... (Tue, 01 Jul 2008 04:47:48 GMT)

Hundreds of laws going into effect
Starting today, it's a little harder to get into payday-loan trouble, a little easier to drink. Gov. Timothy M. Kaine signed nearly 900 bills into law from the General Assembly's winter session that become effective today, from sweeping reforms in mental health to special license plates for Colonial Williamsburg. (Tue, 01 Jul 2008 07:38:55 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. (Tue, 01 Jul 2008 10:21:44 GMT)

Customs justifies rewards for employees
MANILA, Philippines - The Bureau of Customs (BoC) on Tuesday said that there were no irregularities in giving cash rewards to its employees and personnel because of its positive collection performance for 2006. (Tue, 01 Jul 2008 11:10:59 GMT)

New laws start today; find out which will affect you
This year, Gov. Timothy M. Kaine has signed into law 884 bills passed by the legislature. The vast majority -- from driver's licenses to payday lending to animal fighting -- take effect today. Here are some of the most noteworthy new laws: Driver's licenses: Renewing your registration in person at the Department of Motor Vehicles will cost $44, up from $39. A license will be valid for eight ... (Tue, 01 Jul 2008 11:55:52 GMT)

School's Out Calendar: 07/01/2008
The Education calendar is published weekly. To submit information e-mail awidmer@record-eagle.com ; fax (231) 946-8632; or mail to 120 W. Front St., P.O. Box 632, Traverse City, MI 49685-0632. Items should be received at least two weeks in advance. (Tue, 01 Jul 2008 14:00:19 GMT)

Luncheon to aid Elks Lodge
The Vacaville Ladies of the Elks, Lodge No. 2638, will host an annual salad luncheon on Thursday, July 17 from 11:30 a.m. to 1 p.m. at the Elks Lodge, 302 Parker Street, Vacaville. The public is invited to dine at the lodge or order take-out boxes by calling Pat Holly-Hayes at 451-7763 at least one day in advance of the event. (Tue, 01 Jul 2008 14:28:32 GMT)

New laws start today; find out which will affect you
This year, Gov. Timothy M. Kaine has signed into law 884 bills passed by the General Assembly. The vast majority—from driver’s licenses to payday lending to animal fighting—take effect today. (Tue, 01 Jul 2008 14:46:59 GMT)

Aiken County investigators search for payday loan robber
The Aiken County Sheriff's Office is investigating an armed robbery that occurred Monday afternoon at Quick Cash Payday Loans on Jefferson Davis Highway in North Augusta. (Tue, 01 Jul 2008 15:08:25 GMT)

Suspicious fire damages roof at local business
A fire damages the roof of a local business Monday evening-- and fire investigators think it is suspicious. At about 6:45 fire crews were called to the Advance America Cash Advance office at 12th and Orchard. (Tue, 01 Jul 2008 17:45:57 GMT)

Payday Loans
To watch video online please click here to download the latest version of the Flash plugin. There's been a steady increase in the number of pay day lenders in the state, and some say that increase, leads to an increase of debt for a growing number of people. (Tue, 01 Jul 2008 22:53:07 GMT)

Garza beats Wakefield, Tampa Bay Rays down Boston Red Sox again
ST. PETERSBURG, Fla. - The Tampa Bay Rays are taking a business-as-usual approach to their position atop the AL East. (Wed, 02 Jul 2008 04:11:00 GMT)

Customs justifies rewards
There is nothing wrong with tax payment made in advance. There is also nothing anomalous about the granting of rewards to Customs personnel. (Wed, 02 Jul 2008 04:42:15 GMT)

Check cashing voided
Council vote also places moratorium on new payday loan businesses in Long Beach (Wed, 02 Jul 2008 05:44:59 GMT)

He had higher calling - home
Baron Davis, Warrior emeritus and film impresario, didn't want to talk about basketball on the night he switched teams. He showed up Tuesday for a South of Market screening of the documentary that he and high school classmate Cash Warren, husband of actress... (Wed, 02 Jul 2008 07:33:19 GMT)

European Stocks, U.S. Futures Rise; UBS, AstraZeneca Advance
July 2 (Bloomberg) -- European stocks rose after UBS AG and Deutsche Bank AG signaled they may not need more capital and AstraZeneca Plc won a patent case. U.S. index futures advanced, while Asian shares retreated. (Wed, 02 Jul 2008 09:18:57 GMT)

Indian cash rates ease on low demand for funds
MUMBAI, July 2 (Reuters) - Indian overnight cash rates eased on Wednesday, on low demand for funds from banks who have already made arrangements for funding their requirements for the fortnight and led by some pick-up in government spending. (Wed, 02 Jul 2008 10:46:02 GMT)

Developers to get cash boost for affordable homes
Big developers are to be given more cash in advance to help them carry on building affordable homes through the credit crunch. (Wed, 02 Jul 2008 10:57:39 GMT)

ADWs will Argue for Oregon Licenses
Two advance deposit wagering companies operating through the hub system in Oregon recently had their annual license renewals tabled by the state's racing commission, but will be able to rectify the situation at an upcoming July 17 meeting. (Wed, 02 Jul 2008 13:27:11 GMT)

US STOCKS-Blue chips edge up on bank's forecast
* Dow, S&P advance after factory data beats forecast (Wed, 02 Jul 2008 15:15:31 GMT)

Making cost-effective dishes can help offset prices
Have some extra cash burning a hole in your pocket? Head to the grocery store: Go when you're hungry, grab whatever looks good and don't bother buying checking for sales. (Wed, 02 Jul 2008 16:03:33 GMT)

Cash Gift: Birthday girls raise money for kids
Two local teenagers raised $500 on their birthdays to help disabled children. Ali Duvall and Taylor Wampler from San Luis Obispo celebrated their entrance into the teens with a beach party held at Old Port Beach. (Wed, 02 Jul 2008 16:49:40 GMT)

Lehman Raises Stock Portion of Staff Pay, Person Says (Update1)
July 2 (Bloomberg) -- Lehman Brothers Holdings Inc. , the securities firm that's saving cash following its first quarterly loss, is increasing the stock portion of employee pay this year, a person with knowledge of the matter said. (Wed, 02 Jul 2008 20:31:44 GMT)

Stocks drop after new record for oil prices
Wall Street resumed its sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Motors Corp. could run out of cash. (Wed, 02 Jul 2008 22:25:00 GMT)

Long Beach cuts off check-cashing stores
LONG BEACH, Calif. (AP) - Long Beach has put out the "no service" sign for check-cashing stores. The City Council voted Tuesday for an immediate six-month moratorium on check-cashing and payday loan businesses while staff works up a new policy for allowing the businesses to locate in town. (Wed, 02 Jul 2008 22:26:11 GMT)

Wall St a bear market after oil hits record
Wall Street resumed its sell-off last night after oil hit a new record and a bearish analyst report renewed concerns that car making giant General Motors could run out of cash. (Wed, 02 Jul 2008 23:19:54 GMT)

Stocks Drop After New High For Oil Prices
Wall Street resumed its sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Motors Corp. could run out of cash.The Dow Jones industrials fell more than 100 points. (Thu, 03 Jul 2008 00:39:25 GMT)

Business
Andrew Forrest’s Fortescue Metals Group has become the latest WA iron ore producer to cash in on the 85 per cent price rise Rio Tinto won for shipments to Asian steel mills. (Thu, 03 Jul 2008 00:56:11 GMT)

Cash Doctors Does It 24 Hours a Day, 7 Days a Week!
Cash Doctors has officially launched the latest addition to its ever expanding file of improvements especially designed to enhance customer convenience. Cash Doctors cash advances available to their clients - 24 hours a day, 7 days a week. (Thu, 03 Jul 2008 07:01:00 GMT)

Stocks fizzle before the Fourth
Wall Street resumed its sell-off Wednesday after oil hit a record and a bearish analyst report renewed concerns that General Motors could run out of cash. (Thu, 03 Jul 2008 07:06:21 GMT)

LONG BEACH / Canceled: check stores
Long Beach has put out the "no service" sign for check-cashing stores. The City Council voted Tuesday for an immediate six-month moratorium on check-cashing and payday loan businesses while the staff works up a new policy for allowing the businesses to locate... (Thu, 03 Jul 2008 07:30:33 GMT)

Stocks plunge - Dow officially in a bear market / New record-high oil prices, GM bankruptcy fears fuel Wall Street slide
Wall Street resumed its sell-off Wednesday after oil hit a record and a bearish analyst report renewed concerns that General Motors Corp. could run out of cash. The stock market's pullback, which accelerated in the final hours of the week's last full trading... (Thu, 03 Jul 2008 07:37:54 GMT)

LEHMAN STAFF GET LESS CASH
Lehman Brothers, the securities firm that's saving cash following its first quarterly loss, is increasing the stock portion of employee pay this year, a person with knowledge of the matter said. The ratio of stock awards in pay packages will rise... (Thu, 03 Jul 2008 08:01:24 GMT)

State will pay Warren Buffet $224M to assure help in hurricane season
Florida will pay Warren Buffett's Berkshire Hathaway conglomerate $224 million in exchange for a pledge to provide cash if the state is rocked by this year's hurricane season. (Thu, 03 Jul 2008 10:10:09 GMT)

Film Enthusiasts Can Use Their Visa(R) Cards to Purchase Advance Tickets to the 2008 Toronto International Film ...
With less than three months until the lights shine on the 33rd Toronto International Film Festival, Visa announced today its cardholders will receive advance access to tickets for some of the most buzz-worthy films destined for Toronto. (Thu, 03 Jul 2008 12:00:00 GMT)

Customs officials asked to return cash reward
MANILA, Philippines - Finance secretary Margarito B. Teves has asked officials of the Bureau of Customs to return their rewards for surpassing collection targets in 2006, as a "show of good faith," BoC Deputy Commissioner Reynaldo V. Umali said in a radio interview Thursday. (Thu, 03 Jul 2008 18:15:37 GMT)

Cash America Appoints Dennis J. Weese as President and Chief Operating Officer of Its Retail Services Division
FORT WORTH, Texas----Cash America International, Inc. announced today that it has appointed Dennis J. Weese as President and Chief Operating Officer of its Retail Services Division. (Thu, 03 Jul 2008 20:02:00 GMT)

Cash America Appoints Dennis J. Weese as President and Chief Operating Officer of Its Retail Services Division
Cash America International, Inc. (NYSE: CSH) announced today that it has appointed Dennis J. Weese as President and Chief Operating Officer of its Retail Services Division. Mr. Weese joined Cash America in September of 2007 as the Company's Executive Vice President and Chief Operating Officer - Retail Services Division. His responsibilities in the new role will include the oversight and ... (Thu, 03 Jul 2008 20:18:50 GMT)

BG police release sketches of robbery suspects
Thursday, July 03, 2008 at 4:34 p.m. Bowling Green Police are investigating a robbery that occured shortly before 6:00 p.m. Wednesday at a cash advance business. (Thu, 03 Jul 2008 20:44:37 GMT)

Voters to see at least 11 ballot measures
Arizona voters will get to decide the fate of 11 measures this year at the ballot. Petitions for nine initiatives were turned in by the deadline of 5 p.m. Thursday, apparently with sufficient signatures to qualify for the Nov. 4 ballot. (Fri, 04 Jul 2008 02:36:25 GMT)

Cash America names Dennis Weese as president and COO of retail services
Cash America International, a provider of specialty financial services, has appointed Dennis Weese as the new president and COO of its retail services division. (Fri, 04 Jul 2008 10:09:45 GMT)

Indian cash rates end at 6 pct on low demand
(Updates to close) (Fri, 04 Jul 2008 12:04:15 GMT)

BCE strikes final takeover deal
Cope to take helm of telecommunications company next week, price remains $42.75 a share but no common dividend payouts before closing (Fri, 04 Jul 2008 13:35:27 GMT)

Voters get 11 ballot measures
PHOENIX -- Arizona voters will get to decide the fate of 11 measures this year at the ballot. (Fri, 04 Jul 2008 18:25:21 GMT)

Scottsdale plaza to keep payday lenders in check
A developer planning a major reinvestment of an aging south Scottsdale strip center had to agree to ban future payday loan stores in order for the City Council to approve his plans for a new building with a drive-through window. (Sat, 05 Jul 2008 01:35:22 GMT)

With the GOP convention comes cash
Whether it's parties or limos, stuffed toy elephants or hors d'oeuvres, some entrepreneurs are cashing in. But will all the profits pay off the costs? (Sat, 05 Jul 2008 04:15:48 GMT)

Voters get 11 ballot measures
PHOENIX -- Arizona voters will get to decide the fate of 11 measures this year at the ballot. (Sat, 05 Jul 2008 06:09:40 GMT)

For Your Information
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. To submit items online, go to MiamiHerald.com, click on Calendar of Events and click Add Events, then follow the prompts or e-mail your items to newscalendar@MiamiHerald.com. No faxes, please. For a complete list of events, go to ... (Sat, 05 Jul 2008 07:03:24 GMT)

Saturday's agenda, July 5
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. To submit items online, go to MiamiHerald.com, click on Calendar of Events and click Add Events, then follow the prompts or e-mail your items to newscalendar@MiamiHerald.com. No faxes, please. To search for events throughout South ... (Sat, 05 Jul 2008 07:14:07 GMT)

Look around before choosing financial services
Consumers can benefit by taking time to shop around for the best deal in financial services. (Sat, 05 Jul 2008 07:17:54 GMT)

When a payday loan is a pay-back moan
It's 'borrower beware' if you raise cash on your next paycheque (Sat, 05 Jul 2008 07:24:36 GMT)

Some lenders will have cap on interest rates
CONCORD -- New Hampshire will join the ranks of states with restrictions on how much lenders can charge for short-term, payday and title loans following Gov. John Lynch's signature on two new state laws this week. ... - By KEVIN LANDRIGAN Staff Writer (Sat, 05 Jul 2008 10:49:58 GMT)

Jump into travel
Memories may be free but vacations generally aren't. Here's how to save some money on your travels. It's the vacation version of the old grocery store conundrum: cash or plastic? (Sat, 05 Jul 2008 10:50:11 GMT)

Don't go through a foreclosure all alone
My neighborhood is probably like many of yours, and we had a foreclosure recently near my home. (Sat, 05 Jul 2008 11:09:10 GMT)

Fake utility worker steals $40K worth of cash, jewelry from Edison senior citizen
Imposters posing as utility employees targeted the homes of two different senior citizens Tuesday and Wednesday. On Tuesday, the victim became suspicious and ran the imposters out of her house before they could take anything. But on Wednesday, an imposter who matched the description of the suspects in the first incident made off with about $40,000 worth of cash and jewelry from another home, ... (Sat, 05 Jul 2008 17:11:46 GMT)

Jesse Helms: Stubborn on the Right
There's a special place in the United States Senate for the skunk, the single-minded dissident who refuses to go along with the gang and instead uses stubbornness, tenure and the chamber's arcane rules to advance himself and his causes. (Sat, 05 Jul 2008 20:23:33 GMT)

State Initiatives
PHOENIX — Arizona voters will get to decide the fate of 11 measures this year at the ballot. Petitions for nine initiatives were turned in by the deadline of 5 p.m. Thursday, apparently with sufficient signatures to qualify for the Nov. 4 ballot. (Sat, 05 Jul 2008 21:09:38 GMT)

Tanglewood aims for new start
Tanglewood Development LLC — the company developing the mammoth mixed-use project west of Elizabeth City — recently staved off foreclosure by selling large tracts of land and partnering with a Chicago-based brokerage firm, several sources have told The Daily Advance. (Sun, 06 Jul 2008 03:46:44 GMT)

'Advance fee' loan: Crunch fules schemes
Federal and state authorities say the nation’s housing slump and credit squeeze are resulting in a spike in reports of companies preying on frustrated borrowers who are having difficulty securing commercial loans through conventional sources. The Federal Bureau of Investigation, the Federal Deposit Insurance Corp. and state regulators across the country say they have seen an increase in “advance ... (Sun, 06 Jul 2008 04:11:04 GMT)

Briger biotech payoff seen in distant future
Now that the cat's out of the bag on plans to turn the 683-acre Briger tract into than 4 million square feet of biotech space, one wonders just who is going to take all that room. (Sun, 06 Jul 2008 04:13:02 GMT)

Apprentice sprinkler fitter competes at regional level
DEER LODGE — An apprentice sprinkler fitter from Deer Lodge recently competed in a regional contest in Chicago. Taylor Ashby, 30, an apprentice with Automatic Fire Systems Services of Missoula, scored above the national average on a written exam to advance to district competition in Cleveland. (Sun, 06 Jul 2008 06:47:51 GMT)

Oregon's payday lenders all but gone
Oregon's payday lending industry shrank dramatically in the year since the state cracked down on the short-term lenders' soaring interest rates. (Sun, 06 Jul 2008 07:07:58 GMT)

REUNION CALENDAR
Send reunions at least three weeks in advance to Robin D. Payne by fax at 313-222-5985, by e-mail to events@freepress.com or by mail to Detroit Free Press, 615 W. Lafayette, Detroit 48226. For complete listings, go to www.freep.com/reunions. (Sun, 06 Jul 2008 07:42:02 GMT)

John McCain lags in key strategy for cash
'Bundlers' are raising millions less than Obama's. (Sun, 06 Jul 2008 08:08:33 GMT)

Mustangs advance to championship game
RENO, Nev. — The Medford Mustangs continued to make quite an impression in the Reno Fourth of July Tournament on Saturday, belting out 15 hits and allowing only two en route to a 12-0 victory in five innings over the Napa RiverDogs. (Sun, 06 Jul 2008 09:13:15 GMT)

STRETCHING EVERY DOLLAR
The economic downturn grabbing national headlines looks very personal up close, in the midnight lighting of a Rapid Cash store on Nellis Boulevard. (Sun, 06 Jul 2008 10:12:55 GMT)

Avoiding the money trap
Families are wiping out their savings, pawning heirlooms and resorting to other extreme measures to stay afloat financially. (Sun, 06 Jul 2008 14:32:47 GMT)

How to Shop Around for the One Purchase Everyone Must Make
(ARA) - The origin of money may be lost to antiquity, but it's a pretty sure bet that shortly after someone invented cash, someone else came up with the idea of shopping around to get the best deal for their money. (Sun, 06 Jul 2008 19:35:17 GMT)

Investing, Post-Bush
The economic stakes in the dollar crisis are high. (Sun, 06 Jul 2008 22:11:12 GMT)

Payday lenders want to do away with interest-rate cap
Payday lenders are now pursuing two potential ballot issues in the fall, both of which would eliminate the new interest-rate cap signed into law last month. The first proposed referendum would allow voters to completely overturn House Bill 545. The new, second option would strip the bill of Section 3, the portion that no longer allows payday lenders to charge an annualized interest rate of 391 ... (Sun, 06 Jul 2008 23:47:58 GMT)

"Top-two" primary means longer race for Sen. Prentice
Two Democratic political newcomers — Juan Martinez and Scott McKay — are taking on longtime state legislator Margarita Prentice for her Senate seat in the 11th Legislative District. (Mon, 07 Jul 2008 07:10:25 GMT)

Neighbors briefs
green valley (Mon, 07 Jul 2008 07:12:21 GMT)

Neighbors briefs
green valley (Mon, 07 Jul 2008 07:20:20 GMT)

Payday-loan backers try for partial repeal of law
Payday lenders are now pursuing a second potential ballot issue in the fall, and both would eliminate the new interest-rate cap signed into state law last month. (Mon, 07 Jul 2008 08:03:15 GMT)

Inmet Mining bids $2 a share for Petaquilla Copper: $320M in cash
TORONTO - Inmet Mining Corp. (TSX:IMN) is moving to advance the Petaquilla copper property in Panama, offering $2 a share for Petaquilla Copper Ltd. (TSX:PTC) - a total of about $320 million in cash. (Mon, 07 Jul 2008 14:24:00 GMT)

European Stocks Advance; Sainsbury, Continental, Awilco Gain
July 7 (Bloomberg) -- European stocks climbed after a five- week rout left the Dow Jones Stoxx 600 Index at the cheapest relative to earnings in at least six years and oil declined. (Mon, 07 Jul 2008 14:44:56 GMT)

U.S. Stocks Gain as Oil Retreats; General Motors, Yahoo Advance
July 7 (Bloomberg) -- U.S. stocks rose the most in three weeks as a $4-a-barrel drop in oil boosted the outlook for profit growth and a five-week retreat left the Standard & Poor's 500 Index at the cheapest relative to earnings since April. (Mon, 07 Jul 2008 15:03:03 GMT)

U.K. Stocks Advance, Led by Amec, Sainsbury, Carphone Warehouse
July 7 (Bloomberg) -- U.K. stocks rose the most in a week, led by Amec Plc , Europe's largest engineering adviser to energy and mining companies, J Sainsbury Plc and Carphone Warehouse Group Plc after brokerages recommended buying shares in the companies. (Mon, 07 Jul 2008 15:03:52 GMT)

Cash America appoints retail division president
Pawnshop operator and cash advance provider Cash America International Inc. said it has named the chief operating officer and executive vice president of its retail services division, Dennis J. (Mon, 07 Jul 2008 15:23:43 GMT)

Cash America appoints retail division president
(AP:NEW YORK) Pawnshop operator and cash advance provider Cash America International Inc. said it has named the chief operating officer and executive vice president of its retail services division, Dennis J. Weese, as the segment's new president. He will keep his position as COO. (Mon, 07 Jul 2008 15:32:49 GMT)

Cash America Second Quarter to Exceed Initial Earnings Estimates
FORT WORTH, Texas----Cash America International, Inc. announced today that management believes that its second quarter earnings per share will come in well above its previously provided guidance for the second quarter ended June 30, 2008. (Mon, 07 Jul 2008 15:44:00 GMT)

U.S. Stocks Gain as Oil Retreats; General Motors, Yahoo Advance
July 7 (Bloomberg) -- U.S. stocks rose for a second day after oil dropped almost $4 a barrel and a five-week retreat left the Standard & Poor's 500 Index at the cheapest relative to earnings since April, its best month in five years. (Mon, 07 Jul 2008 16:03:11 GMT)

Cash America Second Quarter to Exceed Initial Earnings Estimates
Cash America International, Inc. (NYSE: CSH) announced today that management believes that its second quarter earnings per share will come in well above its previously provided guidance for the second quarter ended June 30, 2008. The Company's pawn lending business contributed to the higher than expected results as revenue from pawn loans and increased gross profit dollars on the sale of ... (Mon, 07 Jul 2008 16:03:48 GMT)

Cash America expects 2Q earnings to exceed earlier forecast
Cash American International said its second-quarter earnings will “come in well above” earlier guidance thanks to stronger than expected results from its pawn lending business. (Mon, 07 Jul 2008 17:09:46 GMT)

Cash America raises 2Q profit outlook
Pawn shop operator and short-term lender Cash America International Inc. said it believes its second-quarter earnings will come in well above its previous forecasts due to an increase in pawn loans and online cash advances. (CSH) (PEP) (EAT) (Mon, 07 Jul 2008 17:17:57 GMT)

Cash America boosts 2Q profit guidance
Pawnshop operator and cash advance provider Cash America International Inc. boosted its second-quarter guidance Monday, as economic woes and turmoil in the lending industry sent more consumers to its pawn shops. (Mon, 07 Jul 2008 18:00:27 GMT)

Payday group taking state to court over ballot language
As the clock ticks for a proposed ballot referendum aiming to repeal the state's payday lending law, the measure's proponents are taking state officials to court, alleging a required step before signature collection can begin violates the Ohio Constitution. (Mon, 07 Jul 2008 19:13:04 GMT)

Payday lenders take Ohio ballot battle to court
Payday lenders fighting to repeal a statewide crackdown on their industry on Monday sued two of Ohio's top elected officials, arguing that repeated hurdles the lenders have faced in getting the issue on the November ballot are unconstitutional. (Mon, 07 Jul 2008 21:54:33 GMT)

Raised earnings forecast boosts Cash America
By BARRY SHLACHTER Cash America shares jumped 16 percent Monday after the pawn chain and payday lender said its second-quarter earnings will be "well above" its last guidance provided in April. The Fort Worth-based company raised its forecast from a range of 51 to 54 cents a share to 62 to 64 cents. The higher estimate represents an increase of more than 44 percent from the 43 cents a share ... (Tue, 08 Jul 2008 05:04:47 GMT)

Raised earnings forecast boosts Cash America
The Fort Worth-based pawn chain and payday lender said its second-quarter earnings will be "well above" its last guidance provided in April. (Tue, 08 Jul 2008 05:12:19 GMT)

Payday lenders sue to get OK to start petition drive
Frustrated by delays in getting the approval needed to begin collecting signatures for a ballot referendum, the payday-lending industry filed suit yesterday to cut Ohio Attorney General Nancy H. Rogers out of the petition process. (Tue, 08 Jul 2008 08:03:48 GMT)

Payday Lenders Take Ballot Battle To Court
Payday lenders fighting to repeal a statewide crackdown on their industry on Monday sued two of Ohio's top elected officials, arguing that repeated hurdles the lenders have faced in getting the issue on the November ballot are unconstitutional. (Tue, 08 Jul 2008 14:53:22 GMT)

Manitoba given go-ahead to cap payday loans
Manitoba has moved another step closer to capping interest rates on payday loans. (Tue, 08 Jul 2008 16:34:40 GMT)

Stocks rise modestly after Bernanke talk; oil down
Wall Street managed an uneasy advance Tuesday amid sinking oil prices, with investors still jittery about the ailing financial system and weak economy ahead of second-quarter earnings. (Tue, 08 Jul 2008 17:02:31 GMT)

Blast Energy Services Receives $0.5 Million Advance on Settlement Agreement From Hallwood
Blast Energy Services announced today that Hallwood Energy, LP and Hallwood Petroleum, LLC has paid a $500,000 advance on their cash obligation under the terms of the settlement agreement signed in April 2008. (Tue, 08 Jul 2008 17:17:00 GMT)

Judge rejects payday lenders' restraining order
A Franklin County judge has denied a request for a temporary restraining order against two state officials who payday lending advocates claim are stalling a move to bring a potential repeal of controversial new industry regulations before voters in November. (Tue, 08 Jul 2008 19:01:59 GMT)

Blast Energy Receives $500K Advance on Settlement Agreement From Hallwood
(RTTNews) - Blast Energy Services Inc. (BESV.OB) said it received $500 thousand advance from Hallwood Energy LP and Hallwood Petroleum LLC on their cash obligation under the terms of the settlement agreement signed in April 2008. In return for this advance payment, Blast Energy will extend its suspension of any legal action against Hallwood until September 30, 2008. (Tue, 08 Jul 2008 20:06:41 GMT)

Judge rejects payday lenders' restraining order
A Franklin County judge has denied a request for a temporary restraining order against two Ohio officials who payday lending advocates claim are stalling a move to bring a potential repeal of controversial new industry regulations before voters in November. (Tue, 08 Jul 2008 20:44:16 GMT)

Feds OK Interest Rate Cap on Manitoba Payday Loans
Manitoba has moved another step closer to capping interest rates on payday loans. The province has received the green light from the federal government - through the Criminal Code - to set maximum interest rates for short-term loans. (Tue, 08 Jul 2008 23:26:11 GMT)

Payday lenders told not to rush ballot process
Ohio payday lenders lost their first round in court yesterday, leaving them at the mercy of the attorney general. (Wed, 09 Jul 2008 01:18:04 GMT)

Cartoon: Bankruptcy only a payday loan away
I am not posting spam. I understand posting spam or other comments that are unrelated to this article will cause my comment to be flagged for deletion and possibly cause my IP address to be permanently banned from this server. (Wed, 09 Jul 2008 05:22:44 GMT)

Shaddy: Payday loans only temporary fix
Bankruptcy is on the rise in Utah. Figures from the U.S. Bankruptcy Court for the District of Utah show a 41 percent increase in filings this spring compared to the same time in 2007. Also on the rise are applications for payday loans. "There are many more people coming in," said Jessica Smith, an employee at a Money 4 You store in Sandy. (Wed, 09 Jul 2008 05:22:54 GMT)

Payday lenders told not to rush ballot process
Ohio payday lenders lost their first round in court yesterday, leaving them at the mercy of the attorney general. (Wed, 09 Jul 2008 08:04:09 GMT)

Lilly to buy biotech SGX in $64 million cash deal
Eli Lilly and Co. said yesterday that it will acquire SGX Pharmaceuticals in a $64 million cash deal that will pay shareholders in the San Diego biotech a substantial premium. Lilly will pay $3 a share, or 119 percent above the stock's closing price of $1.37 yesterday. In after-hours trading, SGX shares jumped to the buyout price. (Wed, 09 Jul 2008 10:13:09 GMT)

St. Joseph County collects $31 million :Voluntary early payments, homestead credits, should help cash-flow problems.
SOUTH BEND -- Some cash should start flowing soon to local governmental units, thanks partly to property owners who voluntarily made early payments of property taxes. Also helping with cash-flow issues is an early disbursement of homestead property tax credits from the state. (Wed, 09 Jul 2008 11:10:46 GMT)

Banks lead early advance in Europe
Banks lead early advance in Europe (Wed, 09 Jul 2008 12:10:18 GMT)

GfK mulls cash bid for TNS after WPP swoop
Germany's GfK Holdings AG is working on a cash offer for rival British market research group Taylor Nelson Sofres after Martin Sorrell's WPP tried to muscle in on their original merger plan with a cash and shares bid. (Wed, 09 Jul 2008 15:10:24 GMT)

Stocks advance with help from oil decline, Bernanke speech
Stocks turned higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained nearly 150 points. (Wed, 09 Jul 2008 15:47:15 GMT)

2 Most Wanted Men In Police Custody
Troy Grimes and Jonathon Johnson are charged with robbing a cash-advance business on North 90th Street on the morning of June 6. (Wed, 09 Jul 2008 21:19:20 GMT)

Manitoba given go-ahead to cap payday loans
Manitoba has moved another step closer to capping interest rates on payday loans. (Wed, 09 Jul 2008 21:19:50 GMT)

Alberta to cap interest rates that payday loan companies can charge customers
EDMONTON — Alberta will join most other provinces and cap the interest rates that payday loan companies can charge their customers. The province also plans to regulate other aspects of the industry. (Wed, 09 Jul 2008 21:26:31 GMT)

Japan 10-Year Bonds May Advance on Credit-Market Loss Concerns
July 10 (Bloomberg) -- Japanese government bonds may rise, pushing down 10-year yields already at the lowest in more than a week, on concern deepening credit-market losses worldwide will sap economic growth. (Wed, 09 Jul 2008 23:35:44 GMT)

Alberta to cap interest rates that payday loan companies can charge customers
EDMONTON - Alberta will join most other provinces and cap the interest rates that payday loan companies can charge their customers. (Thu, 10 Jul 2008 00:53:00 GMT)

Day Highlights: China Mobile, Hudson City Bancorp, Nationwide Healthcare Properties, Advance Auto Parts and Cree, Inc. ...
(AP:CHICAGO--) (BUSINESS WIRE) _ Jul. 10, 2008--Zacks Equity Research highlights China Mobile (NYSE: CHL) as the Bull of the Day and Hudson City Bancorp (Nasdaq: HCBK) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Nationwide Healthcare Properties (NYSE: NHP), Advance Auto Parts (NYSE: AAP) and Cree, Inc. (Nasdaq: CREE). (Thu, 10 Jul 2008 10:18:37 GMT)

U.S. Stock-Index Futures Climb; Rohm & Haas, Wal-Mart Advance
July 10 (Bloomberg) -- U.S. stock-index futures rose, indicating the Standard & Poor's 500 Index may rebound after falling into a bear market, as Dow Chemical Co. (Thu, 10 Jul 2008 13:03:00 GMT)

U.S. Stocks Climb; Rohm & Haas, Alcoa, Huntsman Lead Advance
July 10 (Bloomberg) -- U.S. stocks rose, helping the Standard & Poor's 500 Index rebound from a two-year low, after Dow Chemical Co. agreed to buy Rohm & Haas Co. (Thu, 10 Jul 2008 16:48:09 GMT)

Blair & Sir Alex help out cash-strapped Labour
LONDON (Reuters) - If you've ever fancied playing tennis with former Prime Minister Tony Blair or having lunch with Manchester United manager Sir Alex Ferguson, be prepared to pay thousands of pounds for the pleasure. (Thu, 10 Jul 2008 16:51:45 GMT)

State settles with Allied Cash for $38,000 over violations
The Virginia State Corporation Commission has entered into a settlement agreement for $38,000 with payday lender Allied Cash Advance for violating multiple sections of the state's payday lending laws. (Thu, 10 Jul 2008 18:36:42 GMT)

Payday lenders can start seeking signatures in repeal drive
Ohio payday lenders can begin collecting signatures on a ballot referendum that, if approved by voters, likely would let them continue charging the same interest rate as they do today. (Thu, 10 Jul 2008 20:32:58 GMT)

Allied Cash, state reach settlement
NEWPORT NEWS, Va. (AP) - Allied Cash Advance has agreed to pay $38,000 to settle allegations that it violated Virginia's payday lending laws. The Virginia State Corporation Commission says Allied violated six sections of the laws. The agency didn't provide details. (Thu, 10 Jul 2008 21:56:54 GMT)

Allied Cash, state reach settlement
Associated Press - July 10, 2008 5:45 PM ET NEWPORT NEWS, Va. (AP) - Allied Cash Advance has agreed to pay $38,000 to settle allegations that it violated Virginia's payday lending laws. (Thu, 10 Jul 2008 21:57:34 GMT)

AG OKs summary for payday lending petition
COLUMBUS, Ohio (AP) - Ohio's attorney general has approved proposed language for use in a petition drive seeking to repeal a statewide crackdown on the payday loan industry. (Thu, 10 Jul 2008 23:24:17 GMT)

Payday lender, state reach settlement
THE ASSOCIATED PRESS Allied Cash Advance has agreed to pay $38,000 to settle allegations that it violated Virginia's payday lending laws. The Virginia State Corporation Commission says Allied violated six sections of the laws. The agency did not provide details. Allied has 27 locations in Virginia. Information from The Daily Press in Newport News (Fri, 11 Jul 2008 00:04:25 GMT)

McCain has best fundraising in June, $22M
Republican presidential candidate John McCain raised more than $22 million in June, his best fundraising performance of the year, and ended the month with nearly $27 million cash on hand. (Fri, 11 Jul 2008 01:49:49 GMT)

Payday lenders can try ballot issue
Ohio payday lenders can start collecting signatures for a ballot referendum that, if approved in November, would let them continue charging the same interest rate as they do today. (Fri, 11 Jul 2008 07:52:03 GMT)

Oil giants lead advance for European shares
Oil giants lead advance for European shares (Fri, 11 Jul 2008 09:09:57 GMT)

Attorney General OKs Summary Payday Lending Petition
COLUMBUS, Ohio - Ohio Attorney General Nancy Hardin Rogers on Thursday approved language proposed for use in a petition drive by payday lenders seeking to repeal a statewide crackdown on the industry. (Fri, 11 Jul 2008 09:21:46 GMT)

Yuan's Advance This Year Matches Gains for All 2007; Bonds Rise
July 11 (Bloomberg) -- The yuan's advance this year matched its gains for all of 2007 as China pledged to maintain efforts to strengthen the currency to stem inflation and narrow the trade surplus. Bonds rose. (Fri, 11 Jul 2008 09:51:40 GMT)

Yuan's Advance This Year Exceeds Gains for All 2007; Bonds Rise
July 11 (Bloomberg) -- The yuan's gains this year exceeded its advance in all of 2007 as China pledged to maintain efforts to strengthen the currency to stem inflation and narrow the trade surplus. Bonds rose. (Fri, 11 Jul 2008 10:51:31 GMT)

US Cash Hogs Pre-Open: Called Steady To $0.50 Higher
KANSAS CITY (Dow Jones)--Midwest cash hog prices Friday are expected to be steady to $0.50 per hundredweight higher amid firm packer demand. (Fri, 11 Jul 2008 13:19:31 GMT)

Charges laid after banks complain of attempted fraud
A 22-year-old faces a list charges after two banks reported several cases of fraud. Kawartha Lakes Police say the charges were laid after a man tried to use a fake credit card to receive a cash advance and provided a false driverâ€™s licence and social insurance card to an employee. (Fri, 11 Jul 2008 13:53:13 GMT)

AG OKs Summary Payday Lending Petition
Ohio Attorney General Nancy Hardin Rogers on Thursday approved language proposed for use in a petition drive by payday lenders seeking to repeal a statewide crackdown on the industry. (Fri, 11 Jul 2008 14:09:18 GMT)

Gunman robs Newport News payday lending business
NEWPORT NEWS -- A man pulled a gun and robbed a payday loan business. It happened just before 5:00 p.m. Thursday at Fast Auto and Payday Loans at 13703 Warwick Blvd. (Fri, 11 Jul 2008 15:01:56 GMT)

Ohio AG OKs Summary For Payday Lending Petition
Ohio's attorney general has approved proposed language for use in a petition drive seeking to repeal a statewide crackdown on the payday loan industry. (Fri, 11 Jul 2008 15:03:46 GMT)

IndyMac Seized by U.S. Regulators Amid Cash Crunch (Update4)
July 11 (Bloomberg) -- IndyMac Bancorp Inc. became the second-biggest federally insured financial company to be seized by U.S. regulators after a run by depositors left the California mortgage lender short on cash. (Sat, 12 Jul 2008 00:17:59 GMT)

Day's winner earns pass for chance to dash for cash
As much as Jill Moody loves barrel racing and as happy as she is with her recent success, she's thrilled to be taking a day off. (Sat, 12 Jul 2008 09:22:22 GMT)

Police looking for suspect in two payday loan business robberies
Newport News, Va. (WAVY.com) -- Newport News police are looking for suspects in two different armed robberies to check cashing businesses. A June 21st surveillance video shows a man with a knife in the "Check into Cash" off J.Clyde Morris Boulevard. (Sat, 12 Jul 2008 12:55:32 GMT)

Richard Northedge: Banks win concession on protecting savers' cash
Bank depositors will be compensated in full for the first £50,000 of their savings under a new protection scheme, but the banks have won their argument against putting up cash in advance. (Sat, 12 Jul 2008 23:09:04 GMT)

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