Cash Advance News Apr 2009

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A123Systems advances lithium-ion battery
WATERTOWN, Mass., April 13 (UPI) -- U.S.-based A123Systems is gaining investments to advance its development of a more efficient lithium-ion battery and smart grid. (Mon, 13 Apr 2009 20:09:51 GMT)

Australian Dollar Falls From 6-Month High; N.Z. Dollar Weakens
April 14 (Bloomberg) -- The Australian dollar declined for the first time in four days on speculation yesterday’s advance to a six-month high was overdone. New Zealand’s dollar dropped. (Tue, 14 Apr 2009 02:42:11 GMT)

Six Sudbury students advance to national science fair (comment on this story)
Six students will be representing the Sudbury region at the Canada-Wide Science Fair in Winnipeg in May. The students' projects were the big winners at the 40th annual Sudbury Regional Science Fair on April 4 and 5.[...] (Tue, 14 Apr 2009 03:12:20 GMT)

Australian Dollar Weakens From 6-Month High; N.Z. Dollar Falls
April 14 (Bloomberg) -- The Australian dollar declined, ending a three-day gain, on speculation yesterday’s advance to a six-month high was excessive. New Zealand’s dollar dropped. (Tue, 14 Apr 2009 07:08:02 GMT)

Video: Dangers of Online Loans
Would you give your personal information and bank account number to a person you don't know? That's what you do when you take out an online payday loan. 4/13/09 (Tue, 14 Apr 2009 08:17:01 GMT)

Hong Kong Stocks Climb; Banks Advance on Goldman Sachs Earnings
April 14 (Bloomberg) -- Hong Kong stocks climbed, lifting the benchmark index to the highest level in more than three months, as Goldman Sachs Group Inc. reported better-than- estimated earnings and metal prices climbed. (Tue, 14 Apr 2009 08:39:45 GMT)

Hong Kong Stocks Climb; Banks Advance on Goldman Sachs Earnings
April 14 (Bloomberg) -- Hong Kong stocks climbed, lifting the benchmark index to the highest level in four months, as Goldman Sachs Group Inc. reported better-than-estimated earnings and metal prices climbed. (Tue, 14 Apr 2009 09:26:35 GMT)

European Stock Rally Reaches 20%, Metals Advance, Yen Climbs
April 14 (Bloomberg) -- European stocks rose, with the Dow Jones Stoxx 600 Index climbing 20 percent from its lows last month, and metals climbed in London on optimism the global economy will return to growth later this year. (Tue, 14 Apr 2009 10:23:20 GMT)

Asian Stocks Advance on Goldman Sachs Earnings, Metal Prices
April 14 (Bloomberg) -- Asian stocks advanced for a fourth day, led by banks and mining companies, after Goldman Sachs Group Inc.’s earnings beat estimates and metal prices gained. (Tue, 14 Apr 2009 10:30:44 GMT)

European Stock Rally Reaches 21%, Metals Advance, Yen Climbs
April 14 (Bloomberg) -- European stocks rose, with the Dow Jones Stoxx 600 Index climbing 21 percent from its lows last month, and metals advanced in London on optimism economies will return to growth later this year. (Tue, 14 Apr 2009 12:28:42 GMT)

Tiffin man indicted for Cash Advance robberies
FREMONT -- A Tiffin man accused of robbing the local Cash Advance location at gunpoint twice has been indicted on four felony charges by a grand jury. (Tue, 14 Apr 2009 12:31:56 GMT)

US Cash Hogs Midday: Bids Mostly Steady; Some Firm Tones
KANSAS CITY (Dow Jones)--Cash hog bids across the Midwest Tuesday are reported mostly steady, but there are some firmer market tones for deliveries later in the week. (Tue, 14 Apr 2009 16:58:34 GMT)

Network companies secure nearly $20 million in venture capital cash
ExtraHop Networks, Reflex Systems and StoredIQ find funding to advance their respective businesses during economic downturn. (Tue, 14 Apr 2009 22:24:47 GMT)

State Lawmakers Advance La Jolla Seal Legislation
A state Senate committee signed off Tuesday on legislation that attempts to block the court-ordered removal of a colony of harbor seals for the Children's Pool in La Jolla. (Tue, 14 Apr 2009 23:49:12 GMT)

Credit unions put their stamp on payday loan business
Shawn Johnson, a 34-year-old medical technician, is a single father raising two boys, working irregular hours at night and dealing with an ex-wife. But he’s grateful that he doesn’t have to rely on for-profit, payday lenders anymore. (Wed, 15 Apr 2009 02:25:12 GMT)

SV man nabbed after robbery
Thelma Grimes/San Pedro Valley News-Sun Chadwick D. Armstrong of Sierra Vista was arrested in the Wendy's parking lot Saturday after allegedly robbing Allied Cash Advance on 4th Street. (Wed, 15 Apr 2009 06:56:33 GMT)

SV man is arrested in Benson armed robbery
BENSON — Chadwick D. Armstrong of Sierra Vista was arrested in the Wendy’s parking lot Saturday after allegedly robbing Allied Cash Advance on Fourth Street. (Wed, 15 Apr 2009 09:32:42 GMT)

Payday lending expands
Shawn Johnson, a 34-year-old medical technician, is a single father raising two boys, working irregular shifts and dealing with an ex-wife. But he's grateful that he doesn't have to rely on for-profit, payday lenders anymore. (Wed, 15 Apr 2009 09:58:37 GMT)

Tiffin man indicted in armed robberies
FREMONT -- A Tiffin man sitting in Crawford County Jail has been indicted on four felony charges in connection with two armed robberies of a Cash Advance store in Fremont. (Wed, 15 Apr 2009 11:50:31 GMT)

Armed robber holds up Slidell payday loan store
A gunman wearing a camouflage do-rag across his face made off with a cash box from a payday loan store in Slidell during a brazen lunchtime armed robbery, authorities said. SCOTT THRELKELD / THE TIMES-PICAYUNE Slidell police investigate an armed... (Wed, 15 Apr 2009 19:48:22 GMT)

Breaking News and Updates
A gunman wearing a camouflage do-rag across his face made off with a cash box from a payday loan store in Slidell during a brazen lunchtime armed robbery, authorities said. (Wed, 15 Apr 2009 19:53:24 GMT)

Lenders Thwart Ohio Law Intended to Limit High Interest on Payday Loans
Despite a law capping the annual interest rate for short-term loans at 28 percent, some lenders are using different laws to charge up to 680 percent interest. (Thu, 16 Apr 2009 01:15:54 GMT)

Neighborhoods Concerned About Payday Loan Businesses
Some call the businesses, largely found in low income neighborhoods, predatory. (Thu, 16 Apr 2009 01:46:51 GMT)

Mulroney aide asked Schreiber what he might say ‘under oath' about cash
Handwritten notes of Fred Doucet released yesterday at the Oliphant inquiry provide a never-before-seen snapshot of how former PM and his allies approached Schreiber (Thu, 16 Apr 2009 02:04:13 GMT)

UAE markets advance
UAE markets advance (Thu, 16 Apr 2009 08:38:06 GMT)

Mulroney aide asked Schreiber what he might say 'under oath' about cash
A few months after former prime minister Brian Mulroney filed a voluntary tax disclosure in 1999, his former chief of staff met with Karlheinz Schreiber to find out what the German-born lobbyist might say ''under oath'' about the income Mr. Mulroney had only just revealed to the authorities. (Thu, 16 Apr 2009 08:57:42 GMT)

Stocks in Europe, Asia Advance; Credit Suisse, Barclays Gain
April 16 (Bloomberg) -- Stocks in Europe and Asia rose after data on bad loans at American Express Co. and the biggest regional economies in the U.S. suggested the worst of the recession may be over. U.S. futures slipped. (Thu, 16 Apr 2009 10:35:21 GMT)

Stocks in Europe, Asia Advance; Credit Suisse, Barclays Gain
April 16 (Bloomberg) -- Stocks in Europe and Asia and U.S. futures rose after data on bad loans at American Express Co. and the biggest regional economies in the U.S. suggested the worst of the recession may be over. (Thu, 16 Apr 2009 11:12:39 GMT)

Taylor Better With Debt Than Share Sale, Polaris Says (Update1)
April 16 (Bloomberg) -- Taylor Wimpey Plc , the U.K. homebuilder negotiating a financial rescue, can generate enough cash to meet repayments without a rights offering if it can maintain and increase sales, according to No. 2 shareholder Polaris Capital Management LLC. (Thu, 16 Apr 2009 16:18:16 GMT)

Indiana Campaign Finance Announces Payday Loans
Indiana Campaign Finance Payday Loan online applications are at your fingertips, at http://www.indianacampaignfinance.com (Thu, 16 Apr 2009 17:49:00 GMT)

Indiana Campaign Finance Announces Payday Loans
YALTA, UKRAINE--(Marketwire - April 16, 2009) - Indiana Campaign Finance Payday Loan online applications are at your fingertips, at http://www.indianacampaignfinance.com ICF knows that some situations call for a fast and trouble-free fix, so our knowledgeable experts have created the online No-Fax Payday Loans , for the fastest prescription for your short-term financial crunch. (Thu, 16 Apr 2009 17:59:29 GMT)

Man in wig and Hawaiian shirt robs Mesa payday loan
Police say the suspect entered the PLS Loan Store at 345 S. Power Road about 7: 45 p.m. Wednesday, pulled a gun on the employee sitting at the desk, and demanded money. (Thu, 16 Apr 2009 19:07:28 GMT)

Soon homeowners might get advance on tax credit
The state Senate Ways and Means Committee unanimously adopted an amendment to the state budget authorizing the state to invest $25 million in a short-term loan program in order to provide a cash advance on the federal, first-time home buyers' tax credit, allowing potential home buyers to utilize the tax credit as down payment when closing the sale of their first home instead of receiving a ... (Thu, 16 Apr 2009 21:49:13 GMT)

Mobile TV Is Star Of Media Show
ABC, NBC and CBS controlled 90% of the TV audience, according to Nielsen. They churned out season after season of sitcoms and dramas and filled the summer airwaves with reruns. Hit shows then went into syndication and filled company coffers with cash for years. (Thu, 16 Apr 2009 21:53:37 GMT)

UMich Spinout Lycera Nets $36M in VC Cash; Taps NYU Immunologist for New Research Program
University of Michigan spinout Lycera , which is developing treatments for autoimmune disorders including rheumatoid arthritis, lupus, and inflammatory bowel disease, said today that it has closed a $36 million series A venture capital financing round. (Thu, 16 Apr 2009 22:47:32 GMT)

New payday loan store enters Beaumont market in new building
The Happy Buddha restaurant that once occupied 860 S. 11th St. is gone and a new building and new business are under construction. (Thu, 16 Apr 2009 23:36:06 GMT)

Payday lenders getting around new state law
CLEVELAND -- Many "payday" lenders in Ohio are getting around a 2008 state law that capped payday loans at 28 percent interest. (Fri, 17 Apr 2009 00:34:17 GMT)

India’s Rupee May Advance to 47 in Six Months, Barclays Says
April 17 (Bloomberg) -- India’s rupee may strengthen almost 6 percent to reach 47 a dollar in six months on better prospects for global growth and an increase in foreign investment, according to Barclays Plc. (Fri, 17 Apr 2009 06:12:56 GMT)

Payday loan bill could hurt pawnbrokers' business
A far-reaching payday loan bill could adversely affect pawnbrokers by capping interest rates at what may be unprofitable levels for cash-for-property transactions. (Fri, 17 Apr 2009 07:07:57 GMT)

Payday loan shop robbed
CROWN POINT -- Police are looking for a man who held up a payday loan shop on Main Street Thursday afternoon. The man walked into the Check Into Cash, 1117 N. Main at 12:11 p.m., then stepped behind the counter and pointed a handgun at the lone cashier. He ordered the cashier to empty his cash drawer into a bag, then told him to get on the floor and remain there for five minutes. The suspect is ... (Fri, 17 Apr 2009 09:18:26 GMT)

Slidell check cashing store robbed by gunman
A lone female worker at the Advance American Cash Advance store in Slidell was robbed of an unknown amount of money by an armed robber Wednesday afternoon, according to police. (Fri, 17 Apr 2009 13:20:49 GMT)

U.K. Gilts Decline as Citigroup Posts Profit, Stocks Advance
April 17 (Bloomberg) -- U.K. 10-year government bonds dropped as Citigroup Inc. posted a $1.6 billion profit, helping lift stock markets and sapping demand for the safest assets. (Fri, 17 Apr 2009 13:38:17 GMT)

TSX rises on energy, financials; N.Y. fails to find traction despite earnings
TORONTO - The Toronto stock market maintained a modest advance late morning Friday on higher energy and bank stocks. (Fri, 17 Apr 2009 15:37:00 GMT)

John Sandford
We have 10 advance reading copies of WICKED PREY by John Sandford to give away to readers who would like to preview the book and comment about it. A description can be found by clicking the link below. (Sat, 18 Apr 2009 00:25:17 GMT)

Omega-3 Fatty Acids May Benefit Cancer Patients Undergoing Major Operations
New research points to a potentially significant advance in the treatment of patients undergoing major cancer surgery. (Sat, 18 Apr 2009 01:31:41 GMT)

Calling all gospel choirs for contest
A national gospel choir contest, in which a metro Atlanta church won $15,000 in cash prizes in 2008, is kicking off another competition. (Sat, 18 Apr 2009 04:29:35 GMT)

What happens to your accounts if the bank fails?
It can be unsettling when your bank fails. No advance notice is given to the public before the institution is closed because officials don't want to create a run on the bank. If you were a Washington Mutual customer, you knew it was in trouble because it was in the news. (Sat, 18 Apr 2009 09:42:56 GMT)

Time to cash in: Get the most from your sale
A bit of planning can help a garage sale run smoothly and bring in the highest prices. Experienced garage sale holders collect items for their sales throughout the year. Some keep boxes in which they place children's clothes and toys as they're outgro ... (Sat, 18 Apr 2009 09:51:04 GMT)

Time to cash in: Garage sales can yield treasures
Equipping a home, preparing for an infant's birth, keeping up with growing kids' changing clothing and other needs can be expensive. But shopping garage sales can help. ... (Sat, 18 Apr 2009 09:51:25 GMT)

Dodd Gets $44,000 In Campaign Contributions From Payday Loan Industry
U.S. Sen. Christopher Dodd , who has won praise from consumer groups for taking on credit card providers over predatory lending practices, has collected thousands of dollars in donations from people affiliated with the so-called payday loan industry. (Sat, 18 Apr 2009 10:54:24 GMT)

Board's budget targets cash cuts
The Simcoe County District School Board has introduced its proposed operating budget for the 2009-10 school year, and it includes measures to counter some cuts in government funding.[...] (Sat, 18 Apr 2009 11:05:18 GMT)

Lowest gas prices on Staten Island for Saturday, April 18, 2009
The lowest cash gas price on Staten Island today can be found at the BP station 2071 Victory Blvd. in Meiers Corners. That station is charging $2.15 a gallon for regular unleaded, according to NewYorkGasPrices.com.... (Sat, 18 Apr 2009 16:03:01 GMT)

Police: Suspect Wore Latex Gloves During Robbery
Officials say a suspect displayed a weapon during a robbery at a cash advance business Saturday. (Sat, 18 Apr 2009 17:49:16 GMT)

Advance America Cash Store Robbed
Police ask for your help after Saturday afternoon robbery (Sat, 18 Apr 2009 20:32:39 GMT)

Dodd benefits from 'Payday Loan' industry
HARTFORD -- U.S. Sen. Chris Dodd, D-Conn., who has won praise from consumer groups for taking on credit-card providers over predatory lending practices, has collected thousands of dollars in (Sun, 19 Apr 2009 00:17:08 GMT)

For teens, job search to take work
For many teens, a summer job is a rite of passage and a chance to earn some cash. (Sun, 19 Apr 2009 04:03:02 GMT)

Payday showdown?
State senators could debate the future of the controversial payday lending industry in South Carolina this week. What’s at stake? (Sun, 19 Apr 2009 04:09:49 GMT)

Business Calendar
ASSOCIATIONS NATIONAL ASSOCIATION OF WOMEN BUSINESS OWNERS: Monthly networking night, 5:30 p.m. April 21 at Hennessey’s on Main Street. Networking with a cash bar 5:30-6:30 p.m.; meeting and dinner, 6:30 p.m. Dinner is $32 for members and $40 for guests. Nawbogcc@gmail.com or (803) 873-2280. (Sun, 19 Apr 2009 04:13:29 GMT)

Debate over payday lending is just around the corner
State senators could debate the future of the controversial payday lending industry in South Carolina this week. (Sun, 19 Apr 2009 04:30:42 GMT)

Police seek robber of bank bags
An employee of Approved Cash Advance was leaving the store, 27219 Seven Mile Road, Tuesday evening when she was approached by a man who demanded “give me what you've got.” The woman said he gestured with something in his pocket but she saw no weapon. The man grabbed for her purse and the two bank bags she was carrying, making off with the latter before running away. (Sun, 19 Apr 2009 11:08:53 GMT)

Staten Islanders respond to Tobacco campaign against toll inequity
More than 3,200 have requested bumper stickers, also available at the Advance (Mon, 20 Apr 2009 01:48:01 GMT)

Sellers Offer Guarantees to Address Layoff Worries
To get nervous consumers to buy, companies are promising refunds, and sometimes more, in the event of a job loss. (Mon, 20 Apr 2009 03:55:12 GMT)

Pirates Are Somalia's Godfathers
Coastal villagers find both blessings and ruin at hands of sea robbers, who grow rich off ransoms. (Mon, 20 Apr 2009 04:44:43 GMT)

Need for legal aid outstrips supply
Jeannie Richard's legal problems began last year after she took out a $250 payday loan and fell behind on her payments. (Mon, 20 Apr 2009 09:07:18 GMT)

Hong Kong Stocks Advance to Six-Month High; Star Cruises Soars
April 20 (Bloomberg) -- Hong Kong stocks rose, lifting the benchmark index to a six-month high, led by China-related shares after Premier Wen Jiabao said a stimulus plan has been “better- than-expected” in reviving growth. (Mon, 20 Apr 2009 09:46:25 GMT)

Cash America International, Inc. First Quarter 2009 Earnings Conference Call
FORT WORTH, Texas----Cash America International, Inc. , a provider of specialty financial services to individuals, will hold its quarterly conference call to discuss First Quarter 2009 results on Thursday, April 23, 2009, at 8:45 a.m. (Mon, 20 Apr 2009 11:00:00 GMT)

Sparton Resources Inc.: SBD Gold Project, Nevada, Advance Royalty Payment Made in Shares
Sparton Resources Inc. reported today that pursuant to the Amending Agreement with Vendors Crescent Valley Minerals Inc., Aquarian Mining Exploration Inc., and William Fyvie Holdings Ltd., regarding the original assignment agreement for the lease of the SBD claims in the Battle Mountain area of Nevada, the Company has elected to pay the 2009 Advance Royalty Payment of USD$75,000 in Sparton ... (Mon, 20 Apr 2009 12:30:00 GMT)

Sparton Resources Inc.: SBD Gold Project, Nevada, Advance Royalty Payment Made in Shares
TORONTO, ONTARIO-- - Sparton Resources Inc. reported today that pursuant to the Amending Agreement with Vendors Crescent Valley Minerals Inc., Aquarian Mining Exploration Inc., and William Fyvie Holdings Ltd. , regarding the original assignment agreement for the lease of the SBD claims in the Battle Mountain area of Nevada, the Company has elected to pay the 2009 Advance Royalty Payment of ... (Mon, 20 Apr 2009 12:30:12 GMT)

Short-term lenders unveil 'Borrow Smart'
ACROSS MISSISSIPPI — More than 300 cash advance and title-lending entities across Mississippi recently posted signs in their stores encouraging consumers to "Borrow Smart." The in-store campaign is part of a larger program aimed at educating and protecting consumers. (Mon, 20 Apr 2009 12:36:25 GMT)

European Stocks, U.S. Futures, Oil Decline; Treasuries Advance
April 20 (Bloomberg) -- European stocks and U.S. index futures dropped, commodities retreated and Treasuries advanced on concern that earnings reports this week will show the global recession hasn’t eased. (Mon, 20 Apr 2009 13:06:40 GMT)

Advance America armed robbery
The Kewanee Police Department is investigating an armed robbery that occurred on April 18, 2009 at approximately 1:30 p.m. at Advance America, 729 Tenney Street, Kewanee. (Mon, 20 Apr 2009 14:16:47 GMT)

Zippi Announces Release of Its Back Office 2.0 Web Service and Completes Final Milestone Outlined in the Company's ...
SAN JOSE, CA--(Marketwire - April 20, 2009) - Zippi Networks, Inc. ( PINKSHEETS : ZIPN ), a leading provider of mobile commerce applications that enable Americans to recycle their "Clutter into Cash," today announced its short list of key objectives is now complete with today's release of the Zippi Back Office 2.0. As Zippi continues to advance its mobile platform, web-based features must also ... (Mon, 20 Apr 2009 15:29:08 GMT)

SLC Religious Communities Ask for Reduction in Payday Loan Companies
SALT LAKE CITY - A coalition of Salt Lake City religious communities held a press conference Monday to ask city council members not to delay voting on an ordinance to regulate payday loan companies. The ordinance would require such companies to be spaced apart by at least .5 miles. (Mon, 20 Apr 2009 18:24:04 GMT)

Advance America Schedules First Quarter Conference Call
Advance America, Cash Advance Centers, Inc. will release first quarter of 2009 financial results on Wednesday afternoon April 29, 2009 after the stock market closes. The company will discuss the results on a conference call Thursday, April 30 at 8:00 a.m. . (Mon, 20 Apr 2009 21:00:00 GMT)

Possible new rules for payday loan companies
SALT LAKE CITY, (ABC 4 News) The Salt Lake City Council is expected to vote on new rules for payday loan companies on Tuesday (Mon, 20 Apr 2009 22:25:35 GMT)

SLC ready to vote on payday-loan shop curbs
At least twice a week, Sister Jacinta Millan counsels hardship cases at Holy Cross Ministries in Salt Lake City. It tends to be a losing battle, she concedes, since many people in financial peril ignore her advice and bolt to check-cashing businesses anyway. (Mon, 20 Apr 2009 23:43:38 GMT)

Sen. Christopher Dodd benefits from 'payday loan' industry
The lawmaker praised for taking on credit card providers over predatory lending practices has raised more than $44,000 from pawnshop owners and other businesses that provide high-interest loans. Sen. Christopher J. Dodd (D-Conn.), who has won praise from consumer groups for taking on credit card providers over predatory lending practices, has collected thousands of dollars in donations from ... (Tue, 21 Apr 2009 07:01:36 GMT)

Armed robbery reported at cash advance business
MARION - An unidentified suspect who robbed a local cash advance store remained at large Monday evening. (Tue, 21 Apr 2009 11:11:00 GMT)

Cash Advance robber sentenced
BUCYRUS -- A Carey man was sentenced to 10 years in prison after changing his plea to guilty Monday in Crawford County Common Pleas Court. (Tue, 21 Apr 2009 11:35:54 GMT)

Advance Nanotech's Owlstone Subsidiary Receives Lonestar Development Contract From Crowcon
Advance Nanotech, Inc. today announced that the Company's majority owned subsidiary, Owlstone Nanotech, Inc., has received a development contract from Crowcon. Crowcon Detection Instruments Ltd, based in the United Kingdom, specializes in developing, manufacturing and marketing innovative, reliable and cost-effective flammable and toxic gas detection equipment. Crowcon, founded in 1970, is a ... (Tue, 21 Apr 2009 12:00:00 GMT)

Payday lending up for debate in SC
South Carolina legislators are expected to debate a proposal that would prevent people from taking out more than one payday loan at a time. (Tue, 21 Apr 2009 12:04:32 GMT)

Advance Nanotech's Owlstone Subsidiary Receives Lonestar Development Contract From Crowcon
NEW YORK, NY--(Marketwire - April 21, 2009) - Advance Nanotech, Inc. ( OTCBB : AVNA ) today announced that the Company's majority owned subsidiary, Owlstone Nanotech, Inc., has received a development contract from Crowcon. Crowcon Detection Instruments Ltd, based in the United Kingdom, specializes in developing, manufacturing and marketing innovative, reliable and cost-effective flammable and ... (Tue, 21 Apr 2009 12:19:21 GMT)

Colombia Peso, Bonds Advance on $10.4 Billion IMF Credit Line
April 21 (Bloomberg) -- Colombia’s peso and bonds surged after the government said it would seek a $10.4 billion credit line from the International Monetary Fund to bolster its defenses against the global financial crisis. (Tue, 21 Apr 2009 14:44:11 GMT)

U.S. Stocks Advance as Geithner Says Banks Have Enough Cash
April 21 (Bloomberg) -- U.S. stocks advanced, erasing an earlier slide, after Treasury Secretary Timothy Geithner said the “vast majority” of the nation’s banks have more capital than needed. (Tue, 21 Apr 2009 15:51:39 GMT)

Senate Debates Payday Lending Bill
COLUMBIA, S.C. (AP) - South Carolina legislators are expected to debate a proposal that would prevent people from taking out more than one payday loan at a time. (Tue, 21 Apr 2009 16:20:42 GMT)

P.E.I. government puts Payday loans on notice
A bill that will regulate payday lenders in the province was introduced in the PEI legislature today. (Tue, 21 Apr 2009 19:48:03 GMT)

U.S. Stocks Advance as Geithner Says Banks Have Enough Cash
April 21 (Bloomberg) -- U.S. stocks advanced the most in almost two weeks, led by financial shares, after Treasury Secretary Timothy Geithner said the “vast majority” of the nation’s banks have enough capital. (Tue, 21 Apr 2009 22:26:27 GMT)

Biggest Cash Pile Brings Buyers to Technology: Chart of the Day
April 21 (Bloomberg) -- Technology stocks in the Standard & Poor’s 500 Index are off to the best start to a year since 1998 as investors buy companies with the most cash during the worst credit crisis since the Great Depression. (Tue, 21 Apr 2009 22:37:00 GMT)

Anger over ‘cash for bangers’ scheme
Britain’s car industry is to be forced to share the costs of a £2,000 “cash for bangers” scheme in Wednesday’s Budget, a move dismissed in advance by manufacturers as a disaster for the sector. (Tue, 21 Apr 2009 22:59:25 GMT)

Debate continues over payday loan business restrictions
SALT LAKE CITY (ABC 4 News) - Some people call them predators while others consider them life savers, but the Salt Lake City Council might require a buffer zone between... (Tue, 21 Apr 2009 23:25:46 GMT)

Brewer asks Biden to advance stimulus cash
Gov. Jan Brewer is pushing for an advance on federal stimulus funds or creation of a stimulus bank to help states with cash flow problems move projects forward. (Tue, 21 Apr 2009 23:39:25 GMT)

Province to regulate payday lenders
The P.E.I. government is planning to regulate payday lenders in the province. A new bill was introduced in the P. (Wed, 22 Apr 2009 03:33:02 GMT)

SLC curbs payday lenders
Calling it "our right and our responsibility," the Salt Lake City Council quashed what members labeled the proliferation of payday loan stores on Tuesday, enacting a half-mile buffer between the high-interest outlets that critics say imperil the poor. (Wed, 22 Apr 2009 04:13:19 GMT)

SLC Council Signs Payday Lending Stores Restriction Law
SALT LAKE CITY - The Salt Lake City Council signed a law Tuesday that will keep all new payday loan and check cashing stores at least a half mile apart in Salt Lake City. Supporters of the law said the stores prey on the low income and the uneducated and opponents of the law said the stores provide a vital service and think the law is unfair. (Wed, 22 Apr 2009 05:24:04 GMT)

Payday loans eyed in House
[AUSTIN - Two state representatives told a House panel Tuesday the payday loan industry's skyrocketing interest rates are hurting Texas borrowers who live paycheck to paycheck. (Wed, 22 Apr 2009 05:43:02 GMT)

Cash advance
Karen Cash and her mom, Louise, took a long journey in pursuit of Karen’s scholarship. (Wed, 22 Apr 2009 13:58:23 GMT)

Salt Lake City Council unanimously votes to create buffer zone between payday lenders
SALT LAKE CITY (AP) — The Salt Lake City Council has decided to mandate a half-mile buffer between payday lenders. (Wed, 22 Apr 2009 14:24:04 GMT)

US Cash Cattle Midday: Light Cash Trading At $87.50
KANSAS CITY (Dow Jones)--Little in the way of cash cattle trading was reported Wednesday in the Plains states after a little activity at $87.50 per hundredweight on a live basis around mid-morning, about $0.50 lower than last week. (Wed, 22 Apr 2009 17:06:58 GMT)

Canadian Payday Loan Association Applauds PEI Payday Loan Legislation
The Canadian Payday Loan Association today applauded the PEI government for introducing important payday loan legislation that will regulate the industry and balance consumer protection with a viable industry. (Wed, 22 Apr 2009 19:31:00 GMT)

EnCana cash flow falls on energy price drop
EnCana said first quarter cash flow dropped 18% to US$1.9 billion or $2.59 a share due to lower oil and gas prices. Profit rose due to a hedging gain. (Thu, 23 Apr 2009 02:41:23 GMT)

WA Senate vote is blow to payday lending bill
A bill that would impose tighter regulations on the payday lending industry in Washington has been dealt a blow by the state Senate. (Thu, 23 Apr 2009 03:38:28 GMT)

Trailblazer competition rewards innovative ideas with cash prizes
UQ staff and students with entrepreneurial ideas or early stage research projects are encouraged to enter UniQuest’s annual Trailblazer competition, which offers $40,000 in cash prizes. (Thu, 23 Apr 2009 03:51:15 GMT)

Wash. Legislature approves payday lending rules
Associated Press - April 22, 2009 11:55 PM ET OLYMPIA, Wash. (AP) - After two close votes, the Washington state Legislature has approved a bill to impose tighter regulations on the payday... (Thu, 23 Apr 2009 03:57:15 GMT)

Major payday lender is leaving Virginia
A big payday lender is quitting Virginia because of the tough economy and new restrictions on high-cost instant loans, but others are finding new—and potentially controversial—ways to keep open their money stores. Recession and additional regulation have shrunk the ranks of cash parlors in Virginia more than 19 percent since December. There now are 630 payday-lending outlets—down from 786, ... (Thu, 23 Apr 2009 04:05:16 GMT)

Wash. Legislature approves payday lending rules
After two close votes, the Washington state Legislature has approved a bill to impose tighter regulations on the payday lending industry. (Thu, 23 Apr 2009 04:22:58 GMT)

VHI to provide €50m cash advance to HSE
The VHI is reportedly set to provide a €50m cash advance to the HSE as part of measures to prevent cuts in health services this year. (Thu, 23 Apr 2009 07:05:57 GMT)

Cash advance store robbed
1 A gunman robbed a cash advance store Tuesday morning. (Thu, 23 Apr 2009 11:18:03 GMT)

Money Mart Welcomes New Payday Loan Law for Province of Prince Edward Island
BERWYN, Pa.----National Money Mart Company, a subsidiary of Dollar Financial Corp and Canada's leading convenience financial service provider, today welcomed new legislation introduced by the Prince Edward Island government that will balance strong consumer protection with a viable payday loan industry. (Thu, 23 Apr 2009 12:30:00 GMT)

Wash. state Legislature OKs payday lending rules
It took two close votes in the state Senate and a firm stance from the House for the Washington Legislature to approve a bill imposing tighter regulations on the payday lending industry. (Thu, 23 Apr 2009 13:35:49 GMT)

Man In Helmet Robs Cash Advance Business
A man clad in black and hiding his face behind a tinted motorcycle helmet face shield robbed a cash advance business and threatened an employee with a handgun but left without harming anyone, the San Diego Sheriff's Department reported Thursday. (Thu, 23 Apr 2009 13:53:15 GMT)

US Cash Grain Outlook: Hard Wheat Prices Hit 2-Week Highs
CENTRAL CITY, Neb. (Dow Jones)--Cash prices paid for hard red winter/spring wheat resided at 2-week highs Thursday, in an environment of mixed basis and futures markets. (Thu, 23 Apr 2009 14:36:19 GMT)

Ohio payday lender quitting Virginia
RICHMOND, Va. (AP) - An Ohio payday lender is quitting Virginia, citing new the state's restrictions on the speedy loans. Check 'n Go spokesman Jeff Kursman said the company has already stopped originating loans in Virginia. (Thu, 23 Apr 2009 15:31:46 GMT)

Payday loan lender Chek ‘n Go leaving Virginia
A big payday lender is quitting Virginia because of the tough economy and new restrictions on high-cost instant loans, but others are finding new—and potentially controversial—ways to keep open their money stores. (Thu, 23 Apr 2009 15:37:52 GMT)

Ohio payday lender quitting Virginia
Associated Press - April 23, 2009 11:25 AM ET RICHMOND, Va. (AP) - An Ohio payday lender is quitting Virginia, citing new the state's restrictions on the speedy loans. (Thu, 23 Apr 2009 15:37:53 GMT)

Cash America quarterly profit higher than estimates
Payday lender Cash America International Inc. reported on April 23 better-than-expected earnings in the first quarter, boosted by higher revenue from U.S. and Mexican pawn operations and lower loan losses on its short-term cash advance product. (Thu, 23 Apr 2009 16:01:09 GMT)

Ohio payday lender leaving Virginia
RICHMOND, Va. - An Ohio payday lender is leaving Virginia, citing the Commonwealth's new restrictions on speedy loans. Check 'n Go spokesman Jeff Kursman said the company stopped originating loans in Virginia. (Thu, 23 Apr 2009 16:12:33 GMT)

CREW Releases Payday Lenders Pay Up - the First Ever Study on the Payday Loan Industry's Efforts to Gain Influence in ...
WASHINGTON----Today, in light of new legislative efforts and ever-growing controversies over the role of payday lenders in Americans' lives, Citizens for Responsibility and Ethics in Washington released a new study entitled, Payday Lenders Pay Up, which examines the payday loan industry's efforts to gain influence on Capitol Hill. (Thu, 23 Apr 2009 17:12:00 GMT)

Payday loan association welcomes new rules on P.E.I.
P.E.I.'s proposed payday loans act will balance consumer protection with a viable payday loan industry, says the Canadian Payday Loan Association. (Thu, 23 Apr 2009 19:48:07 GMT)

Cash America Q1 earnings flat
Cash America International Inc. reported a 7 percent decline in first quarter net income this year, but the company’s $23.9 million profit and 79 cents per share earnings was better than the company had projected. (CSH) (Thu, 23 Apr 2009 20:18:55 GMT)

Florida Legislators Looking for Cash
Several bills the state legislature has voted down for more than a decade could be passed this session. The economic downturn has some lawmakers selling their morals for more state revenue. The governor is even getting in on the action and asking the Seminole Tribe for a billion dollar cash advance to expand gambling. (Thu, 23 Apr 2009 22:32:22 GMT)

Federal legislation could snuff out quick loan shops
JACKSON, MS (WLBT) - Imagine the landscape of Mississippi business changing, with the absence of check cashing, payday loan, title pledge shops and even pawn shops. (Thu, 23 Apr 2009 22:32:46 GMT)

Payday Lender Leaves VA (6:17 p.m.)
RICHMOND, Va. (AP) - An Ohio payday lender is quitting Virginia, citing new the state's restrictions on the speedy loans. Check 'n Go spokesman Jeff Kursman said the company has already stopped originating loans in Virginia. (Thu, 23 Apr 2009 22:35:53 GMT)

Payday loan complaints soar as economy gets worse
In the past year, complaints to the Better Business Bureau of Chicago and Northern Illinois against payday lenders increased substantially. (Fri, 24 Apr 2009 09:07:30 GMT)

Dodd Took In $22,900 From Payday Loaners
Faced with growing scrutiny of what some consider predatory lending practices, the payday loan industry has doubled what it spends to influence Congress and Connecticut's Democratic Sen. Christopher Dodd is a beneficiary. (Fri, 24 Apr 2009 09:53:23 GMT)

India’s Bonds Advance a Fourth Week as Spare Cash Spurs Demand
April 24 (Bloomberg) -- India’s 10-year bonds completed a fourth weekly gain, the longest winning streak this year, on speculation rising cash at banks and debt purchases by the central bank will boost demand for the securities. (Fri, 24 Apr 2009 12:42:41 GMT)

Ford Loss Is Smaller Than Estimates as Cash Use Drops (Update3)
April 24 (Bloomberg) -- Ford Motor Co. , striving to remain the only U.S. automaker not on federal aid, posted a first- quarter loss that beat analysts’ estimates as it cut cash use by 49 percent. The shares soared to the highest since September. (Fri, 24 Apr 2009 15:33:52 GMT)

Credit unions push into payday loan business
Rita Benson, a married mother of two from Florissant, knows the drill at payday loan shops. "I've had several different loans," she said. "A lot of it was just emergency stuff — my car broke down and such." But her last trip to the loan shop got her in over her head. (Sat, 25 Apr 2009 12:25:46 GMT)

Courier, Cash Reach Seniors Grand Cayman Semis
Jim Courier opened up the defense of his Outback Champions Series title in the Cayman Islands Friday, defeating Mikael Pernfors of Sweden 6-3, 6-4 to advance into the semifinals of the $150,000 The Residences at The Ritz (Sun, 26 Apr 2009 02:20:59 GMT)

Payday lenders offer instant cash - but it'll cost you
The lenders, which charge borrowers rates far above those of banks, have virtually no state oversight in Texas. Several legislators are trying to regulate or effectively abolish the practice.Legislature bills: | (Sun, 26 Apr 2009 05:53:47 GMT)

PLoans4You.com Service Two Years Provide Payday Loans and Cash Advances for Everyone Customers in the United States
The industry of payday loans has recently developed dramatically, in the past three years especially. The technology of Internet, used in this sphere, has totally simplified the procedure, making the process of getting a payday loan very quick and available for many people who apply for such service. (Sun, 26 Apr 2009 07:01:00 GMT)

Today there could be some easing as Asian stock benchmarks (barring Nikkei) are in the red.
Those who were patient enough to endure last year’s crash have reaped a rich harvest in the past month and a half. There are many who have missed the relief rally and are keen to cash in on the upswing. But, they should be careful as the advance may not sustain for too long. (Mon, 27 Apr 2009 03:56:01 GMT)

Barnstormers can't cash in on their chances
You certainly can't say the Barnstormers didn't have their chances.You can say they did not take advantage of said opportunities.In a game that begged for someone on the home team to step up and deliver a key hit, it didn't happen.The result was a franchise-tying record 16 runners left on base and a... (Mon, 27 Apr 2009 04:23:26 GMT)

India’s Bonds Gain on Speculation Surplus Cash Boosting Demand
April 27 (Bloomberg) -- India’s 10-year bonds rose for a second day on speculation surplus cash in the banking system is fueling demand for debt. Benchmark notes climbed following a four-week advance after the Reserve Bank of India on April 21 cut interest rates and Governor Duvvuri Subbarao said that the monetary policy will ensure ample liquidity in the financial system amid record debt sales ... (Mon, 27 Apr 2009 05:57:39 GMT)

Should credit card firms hike price for ready cash?
HARD-PRESSED consumers are facing another hike in prices - this time from credit card companies. Some firms are raising the amount they charge to withdraw cash, with one company, Egg, hiking the charge from £3 to £5, or 3% of the withdrawal value, whichever is higher. (Mon, 27 Apr 2009 09:55:41 GMT)

Clash over cash sends Family Life running from Verdi Hall back to Great Northern centre
Family Life Theatre is moving to a new venue after clashing with a west-end hall owner over cash. The not-for-profit organization started staging dinner-theatre shows at the G. Verdi Hall on Queen Street West in 2000.[...] (Mon, 27 Apr 2009 10:53:53 GMT)

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