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Cash Advance News Nov 2008

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Traders cash in after 3-day rally
A mostly downbeat batch of economic news gave investors a reason to cash in some of their recent gains Wednesday, leaving stock prices widely mixed. NYSE, NASDAQ (Wed, 26 Nov 2008 16:35:24 GMT)

U.S. Stocks Advance as Technology Shares Gain on Valuations
Nov. 26 (Bloomberg) -- U.S. stocks gained for a fourth day as investors snapped up technology shares trading near their cheapest level on record, overpowering earlier declines spurred by economic data depicting a deepening recession. (Wed, 26 Nov 2008 17:03:33 GMT)

Sector Snap: Shares of US automakers advance
Shares of U.S. automakers rose sharply on Wednesday as top executives at the companies prepared to make their second pitch to Congress for a federal bailout, whose passage analysts said is looking increasingly likely. (Wed, 26 Nov 2008 17:03:40 GMT)

Most Dividends Cut Since 1950s as Banks Conserve Cash (Update1)
Nov. 26 (Bloomberg) -- Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash. (Wed, 26 Nov 2008 17:25:18 GMT)

U.S. Stocks Advance, Led by Technology Shares; GM, Ford Rally
Nov. 26 (Bloomberg) -- U.S. stocks gained for a fourth day as investors snapped up technology shares trading near their cheapest level on record and speculated that President-elect Barack Obama ’s economic team will help bolster growth. (Wed, 26 Nov 2008 17:52:25 GMT)

Ordinance sets restrictions on KCK payday loan shops
Earlier this year, Unified Government officials counted at least 26 payday loan shops throughout Kansas City, Kan. (Wed, 26 Nov 2008 19:21:23 GMT)

U.S. Stocks Advance for 4th Day, S&P’s Longest Streak Since May
Nov. 26 (Bloomberg) -- U.S. stocks gained for a fourth day as a rally in oil prices lifted energy shares and investors speculated President-elect Barack Obama’s economic team will bolster growth. (Wed, 26 Nov 2008 20:48:27 GMT)

Know this man? He just held up an Advance America
Buzz me out or somebody's going to get killed! That's what the armed man said Tuesday after ordering a Jacksonville clerk to empty out her till at an Advance America. Now the man's surveillance mug is being shown to the public to nab him. He walked into ... (Wed, 26 Nov 2008 22:45:08 GMT)

Gold prices fall, other commodities rise
By SARA LEPRO Gold prices fell Wednesday on investors' continuing concerns about a drop in demand, but other commodities rose, buoyed by a sustained advance on Wall Street. Commodities prices have largely been tied to the direction of equities in recent weeks, as investors worried about a weakening economy fled both stocks and futures contracts for the shelter of safer investments like cash and ... (Wed, 26 Nov 2008 23:06:54 GMT)

Most Dividends Cut Since 1950s as Banks Conserve Cash (Update2)
Nov. 26 (Bloomberg) -- Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash. (Wed, 26 Nov 2008 23:12:09 GMT)

Australia, N.Z. Dollars Gain for Fourth Day as Equities Advance
Nov. 27 (Bloomberg) -- The Australian and New Zealand dollars advanced a fourth day, the longest winning streak in more than two months, as investors bought higher-yielding assets after gains in equities and China’s biggest rate cut in 11 years. (Thu, 27 Nov 2008 03:03:44 GMT)

Asian Stocks Advance on China Rate Cut; Indian Trading Halted
Nov. 27 (Bloomberg) -- Asian stocks advanced for a third day after China lowered interest rates by the most in 11 years to spur economic growth. China Vanke Co., the country's biggest builder, jumped 6.5 percent on speculation lower borrowing costs will encourage home purchases. (Thu, 27 Nov 2008 07:50:20 GMT)

Asian Stocks Advance on China Rate Cut; Indian Trading Halted
Nov. 27 (Bloomberg) -- Asian stocks advanced for a third day after China lowered interest rates by the most in 11 years to spur economic growth. China Vanke Co., the country's biggest builder, jumped 3.1 percent on speculation lower borrowing costs will encourage home purchases. (Thu, 27 Nov 2008 10:35:34 GMT)

Asian Stocks Advance on China Rate Cut; Indian Trading Halted
Nov. 27 (Bloomberg) -- Asian stocks advanced for a third day after China lowered interest rates by the most in 11 years to spur economic growth. China Vanke Co., the country's biggest builder, jumped 3.1 percent on speculation lower borrowing costs will encourage home purchases. (Thu, 27 Nov 2008 10:35:44 GMT)

Gunman Robs Cash Advance Business, Runs
JACKSONVILLE, Fla. -- Police are searching for an armed robber who held up an Advance America store in Arlington on Tuesday afternoon. Police said the man entered about 3: 20 p.m., pointed a gun at a teller and said, "Give me all your money right now." (Thu, 27 Nov 2008 15:16:32 GMT)

World markets advance after Wall Street rally
/Not joking around. //NOW is the time to buy in. ///I wish I had more cash to buy tasty morsels. //but index funds are good too. (Thu, 27 Nov 2008 21:36:21 GMT)

South African Equities: AngloGold, Lonmin, Metorex and Sasol
Nov. 28 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index added 148.32, or 0.7 percent, to 21,449.33 as of 11:08 a.m. in Johannesburg. The index has risen 19 percent this week, the biggest weekly advance since at least 1995. (Fri, 28 Nov 2008 09:45:06 GMT)

Investors look to take break after streak of gains
Wall Street was poised to begin an abbreviated session with light selling Friday after logging a huge advance in the previous four trading days and as investors brace for what's expected to be a weak holiday shopping season. (Fri, 28 Nov 2008 13:29:14 GMT)

Stocks narrowly mixed after streak of gains
Wall Street wavered in a narrow range Friday following its advance earlier in the week, as investors traded in small numbers and anticipated a weak holiday shopping season. (Fri, 28 Nov 2008 15:53:07 GMT)

Beware The Recession Vultures!
There are companies out there who will prey on your financial fears. Beware these recession vultures… (Fri, 28 Nov 2008 16:13:00 GMT)

Slow ride home over the bridges after Thanksgiving dinner for some Staten Islanders
Staten Islanders paying cash at the borough's bridges found some long lines for the manned toll lanes at the Outerbridge Crossing last night, according to a motorist who was snagged in traffic while waiting to pay. At that toll plaza,... (Fri, 28 Nov 2008 16:41:39 GMT)

Stocks end shortened session with moderate gains
Wall Street kept up a broad winning streak Friday, giving blue chip stocks their fifth straight advance as investors looked for clues about whether dire predictions for the holiday shopping season would prove accurate. (Fri, 28 Nov 2008 20:54:31 GMT)

Critics Eye Payday-Type Loans Offered By Banks
A new state law is putting the brakes on payday lenders, but now banks are getting into the emergency loan business. Find out why some aren't sure it's a good idea. (Fri, 28 Nov 2008 22:37:36 GMT)

Extra mortgage payments do not count as advance payments
Dear Edith: If you prepay the principal on a mortgage, and run into a cash crunch, do you get any "credit" for the amount prepaid? That is, if you are unable to come up with the money for one month's payment, but had prepaid a substantial amount, would you still be in danger of foreclosure? Thinking of a situation where we have prepaid and then... (Sat, 29 Nov 2008 05:09:01 GMT)

Stocks end week higher
NEW YORK — Wall Street kept up a broad winning streak Friday, giving blue chip stocks their fifth straight advance as investors looked for clues about whether dire predictions for the holiday shopping season would prove accurate. The stock market closed three hours early the day after Thanksgiving and locked in gains of 9.7 percent for the week for the Dow Jones industrial average and 12 percent ... (Sat, 29 Nov 2008 05:19:29 GMT)

Keystone may get some cash
An ordinance to be proposed at Monday night's Carmel City Council meeting would give Mayor Jim Brainard about half of the $50 million he had said he needed to finish the Keystone Avenue reconstruction project. (Sat, 29 Nov 2008 07:10:22 GMT)

Cadets advance with shootout win
MIDDLEBURY -- The first game of the 2008 Great Northern Shootout might officially go into the books as a tie, but the Norwich Cadets got what they needed out of it. They beat Plattsburgh State in a shootout to advance to tonight's championship game. ... - By CARLETON LAIRD Herald Staff (Sat, 29 Nov 2008 08:10:35 GMT)

Nearly 25,000 advance in petty officer ranks - Navy News, opinions, editorials, news from Iraq, photos, reports - Navy ...
Enter To Win... the Grand Prize: A 2009 Volvo S40 T5. Five First Prizes: $150 Exxon Mobil Cash Cards. Click here to learn more about the Volvo S40 T5 and enter. (Sat, 29 Nov 2008 12:14:26 GMT)

Keystone may get some cash
An ordinance to be proposed at Monday night's Carmel City Council meeting would give Mayor Jim Brainard about half of the $50 million he had said he needed to finish the Keystone Avenue reconstruction project. (Sat, 29 Nov 2008 22:53:11 GMT)

Stalking telephone numbers..
SERIAL stalker Barry George wants £4million compensation for being jailed over Jill Dando’s murder. (Sat, 29 Nov 2008 23:03:51 GMT)

CEO compensation for 2007
Company Home Revenue (in millions) CEO Salary Bonus^ Option gains Stock awards Other Total compensation Option awards Advance America, Cash Advance Centers Inc. Spartanburg $695 Kenneth Compton $595,192 $400,000 $0 $372,813 $18,952 $1,386,957 $690,448 ... (Sun, 30 Nov 2008 05:10:51 GMT)

Dillard's lays off 500 in advance of poor third quarter results
Dillard's Inc. posted a third-quarter loss of $56 million, five times the net loss reported one year ago when the Little Rock-based mall retailer recorded an $11.3 million loss. (Sun, 30 Nov 2008 08:57:40 GMT)

Credit unions have money to lend, are easy to join
Brett Shearer knew nothing about credit unions when he started working at the Ohio Department of Transportation. (Sun, 30 Nov 2008 11:11:05 GMT)

A Good Rummage Sale Brings in Extra Cash
(ARA) - As the dog days of summer pass and cooler weather begins to settle in, you may begin to notice a lot of unwanted items around your house. (Sun, 30 Nov 2008 13:39:15 GMT)

LOCAL BRIEFS
Doug Sterner of Wall has been named "Lumberman of the Year" for 2008 by the New Jersey Building Materials Deals Association for his efforts to advance the local construction supply industry. (Sun, 30 Nov 2008 14:35:20 GMT)

City, county don't have authority over payday lenders
City and county lawmakers don't have the authority to crack down on the number of payday lenders springing up along the Interstate 65 corridor because the Alabama Legislature is the only governing body with the authority to regulate such busi nesses, a Montgomery County staff attorney concluded. (Sun, 30 Nov 2008 16:37:05 GMT)

Armed man disguised as woman attempts to rob Walmart  With Photos 
Police are investigating shooting inside a Walmart off Kirkman Road today. (Sun, 30 Nov 2008 17:55:29 GMT)

ShareChat News: Dollar falls as record interest rate cut predicted
The New Zealand dollar fell, snapping a four-day advance, as further signs of weaker world growth stoked speculation the central bank will cut the official cash rate (OCR) by as much as 150 basis points this week. (Sun, 30 Nov 2008 21:00:56 GMT)

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