Cash Advance News May 2010

Police investigating robbery at Ogden payday loan store
OGDEN Police are seeking a man who robbed an alternative loan business at 4811 Harrison Blvd. on Friday afternoon. read more (Sat, 01 May 2010 09:50:04 -0700)

Senate passes payday loan limits
DENVER (AP) - By a single vote, the state Senate on Friday passed tighter limits on payday lenders. (Sat, 01 May 2010 11:02:09 -0700)

Commodities Companies Cash in on Recovery to Pare Loan Costs
May 3 (Bloomberg) -- ArcelorMittal , the worlds biggest steelmaker, and commodities traders Mercuria Energy Trading SA and Glencore International AG are cutting loan costs as they cash in on rising prices for raw materials. (Mon, 03 May 2010 00:30:37 -0700)

Lenders get bigger payday in latest legislative version
Were pleased that a bill aimed at reining in the worst excesses of payday lenders won approval in the Colorado Senate last week. Unfortunately, the version of the bill adopted in a narrow vote by the Senate Friday has been watered down so much that it would allow payday loan operations to charge effective annual interest rates on short-term loans of up to 135 percent. We much prefer the 45 ... (Mon, 03 May 2010 12:49:35 -0700)

(AFX UK Focus) 2010-05-03 21:25 CME lumber dips to one-month low on cash concerns
CHICAGO, May 3 (Reuters) - Lumber futures closed lower again on Monday in Chicago Mercantile Exchange pit trading and set a one-month low as traders voiced continued concern over cash markets. * Traders cited reports that mill asking prices were in the range of $315 to $320 per thousand board feet compared with the latest Random Lengths cash quote of $320. * Dealers appear to have enough wood on ... (Mon, 03 May 2010 13:50:14 -0700)

New Website Tracks Kentucky Payday Lending
A new website will track payday loans in the state of Kentucky. The Kentucky Deferred Presentment Transaction System will be monitored by the Kentucky Department of Financial Institutions. The system debuted April 30. (Mon, 03 May 2010 13:54:16 -0700)

New Website Tracks Kentucky Payday Lending
The new system requires a lender to search the database before issuing a loan to someone. (Mon, 03 May 2010 14:01:32 -0700)

Payday Advance Industry Opposes Hagan Amendment
WASHINGTON----The Community Financial Services Association of America , the industry representing storefront payday lenders, said that Senator Kay Hagans proposal to limit payday advances to six per year will only force consumers to use more overdraft protection, a more costly alternative to payday loans. (Mon, 03 May 2010 14:31:00 -0700)

Legislation seeks to eliminate payday lending fees
COLUMBUS -- A group of Ohio lawmakers wants to pare down the fees payday lenders can charge their borrowers. (Mon, 03 May 2010 15:07:51 -0700)

Official: Times Square SUV recently sold for cash
The registered owner of a sport utility vehicle used in a failed bombing in Times Square over the weekend told investigators he sold it to a stranger for cash three weeks ago, a law enforcement (Mon, 03 May 2010 15:45:33 -0700)

Lending Stream Announce Same Day Loan 'Express Cash Service'
EDGWARE, UNITED KINGDOM-- (Marketwire - May 4, 2010) - Why must 'fast' get 'faster'? Because we live in an era where people choose to send e-mails rather than snail mails. Lending Stream, a leading payday loan company in the UK, now offers same day payday loans quicker than ever, after having implemented a faster system to make fund payments. Customers can now apply, be approved and receive ... (Mon, 03 May 2010 22:05:11 -0700)

2 Romero firms advance P30m for IBC employees
Intercontinental Broadcasting Corp. has started paying the back wages and benefits of employees after the Romero group advanced the cash component of its joint venture deal with the cash-strapped TV network. (Mon, 03 May 2010 23:59:05 -0700)

Brookfield Real Estate Services Fund Announces First Quarter Results and Monthly Cash Distribution
TORONTO, ONTARIO--(Marketwire - 05/04/10) - Brookfield Real Estate Services Fund (the Fund) (TSX: BRE.UN - News ) today announced that royalties for the quarter ended March 31, 2010 were $8.2 million, up 16.7% from the same period in 2009. Distributable cash(1) during the quarter increased to $5.7 million, up 20.5% from the first quarter of 2009 while distributable cash per unit increased 22.2 ... (Tue, 04 May 2010 04:00:00 -0700)

Brookfield Real Estate Services Fund Announces First Quarter Results and Monthly Cash Distribution
Royalties increased 16.7% and distributable cash rose 20.5% amidst continuing strong housing markets (Tue, 04 May 2010 04:14:50 -0700)

Abacus Mining and KGHM Agree to Form Strategic Joint Venture to Advance the Afton-Ajax Copper-Gold Project Into ...
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 05/04/10) - Abacus Mining & Exploration Corporation (Abacus or the Company) (TSX-V: AME - News ) is pleased to announce that it has signed an investment agreement (the Investment Agreement) with KGHM Polska Miedz S.A. (KGHM) to form a joint venture (the Joint Venture) to advance Abacus' Afton-Ajax copper-gold project (the Project) located near Kamloops ... (Tue, 04 May 2010 07:31:00 -0700)

Abacus Mining and KGHM Agree to Form Strategic Joint Venture to Advance the Afton-Ajax Copper-Gold Project Into ...
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 4, 2010) - Abacus Mining & Exploration Corporation ("Abacus" or the "Company") (TSX VENTURE:AME) is pleased to announce that it has signed an investment agreement (the "Investment Agreement") with KGHM Polska Miedz S.A. ("KGHM") to form a joint venture (the "Joint Venture") to advance Abacus' Afton-Ajax copper-gold project (the "Project") located ... (Tue, 04 May 2010 07:58:39 -0700)

Advance Nanotech Announces Owlstone to Present at Department of Homeland Security's Chemical Detection Technology Review
MONTEBELLO, NY--(Marketwire - May 4, 2010) - Advance Nanotech, Inc. ( OTCBB : AVNA ) is pleased to announce that Owlstone has been invited to present at the Department of Homeland Security's Chemical Detection Technology Review at Johns Hopkins University on June 1, 2010. Held on an annual basis, this three day event is important in shaping future government funding allocations for the ... (Tue, 04 May 2010 08:31:01 -0700)

Advance Notices
ADVANCE NOTICES MOMS Club is a group for stay-at-home mothers in Etowah County. All moms are welcome. Please call 256-438-7722 or e-mail gadsdenmomsclub @yahoo.com for more information. May 6: Walking group, 9:30 a.m. May 12: Field trip to JUMP in Birmingham, 9 a.m. May 13: Walking group, 9:30 a.m. (Tue, 04 May 2010 14:17:02 -0700)

KJCT8.com - Grand Junction, Montrose - Weather, News, Sports | House gives final approval to payday loan limits
DENVER (AP) - A bill limiting the terms of payday loans is headed to the governor for his signature. The House backed a new version of the bill Tuesday by one vote. It changes short-term payday loans into six-month loans. (Tue, 04 May 2010 14:29:19 -0700)

House gives final approval to payday loan limits
The House backed a new version of the bill Tuesday by one vote. It changes short-term payday loans into six-month loans. (Tue, 04 May 2010 14:30:50 -0700)

Colo. House gives final approval to payday loan limits
DENVER - A bill limiting the terms of payday loans is headed to the governor for his signature. The House backed a new version of the bill Tuesday by one vote. It changes short-term payday loans into six-month loans. Lenders would still be able to charge a $75 origination fee as well as monthly fees up to $30 and up to 45 percent in interest. Republicans say the changes will keep some payday ... (Tue, 04 May 2010 15:21:02 -0700)

House gives final approval to payday loan limits
A bill limiting the terms of payday loans is headed to the governor for his signature. The House backed a new version of the bill Tuesday by one vote. It changes short-term payday loans into six-month loans. Lenders would still be able to charge a $75 origination fee as well as monthly fees up to $30 and up to 45 percent in interest. Republicans say the changes will keep some payday lenders in ... (Tue, 04 May 2010 15:40:51 -0700)

In Chicago, the Chef Grant Achatz Is Selling Tickets to His New Restaurant
Instead of calling ahead, patrons will go online to make a reservation and to pay for their dinner in advance. (Tue, 04 May 2010 16:04:33 -0700)

Payday loan bill heads for Governor's desk
DENVER - With just days remaining in the 2010 legislative session, lawmakers took action Tuesday on some of the more controversial bills that remained on the calendar. (Tue, 04 May 2010 16:49:58 -0700)

Colorado House approves payday loan restrictions
Colorado lawmakers send governor bill with new limits on terms of payday loans (Tue, 04 May 2010 16:56:27 -0700)

Colorado House approves payday loan restrictions
A bill limiting the terms of payday loans was headed to the governor for his signature Tuesday after Democrats agreed to give consumers more control over how they repay such debts. The House backed a new version of the bill by one vote. It changes short-term... Payday loan - Loan - House - Business - Financial Services (Tue, 04 May 2010 17:21:57 -0700)

Colorado House Approves Payday Loan Restrictions
Colorado lawmakers send governor bill with new limits on terms of payday loans Payday loan - Loan - Business - Financial Services - Payday Advance Services (Tue, 04 May 2010 17:31:55 -0700)

India Bonds Advance a Third Day as Surplus Cash Spurs Buying
May 5 (Bloomberg) -- Indias 10-year bonds gained a third day on speculation excess cash at banks will prompt them to add to their holdings of government debt. (Tue, 04 May 2010 22:13:18 -0700)

Lawmakers pass payday loan measure
DENVER - A bill cracking down on payday loans passed the Legislature on Tuesday and is on its way to the governor's desk. The 33-32 vote in the House sealed the most substantial victory that critics of payday lending have seen at the Legislature after years of trying. (Tue, 04 May 2010 23:31:50 -0700)

Payday-loan change OK'd
By a one-vote margin, the House on Tuesday sent Gov. Bill Ritter legislation putting new limits on payday loans that supporters said would help break a cycle of debt by borrowers. (Wed, 05 May 2010 06:44:03 -0700)

Genesis Research and Development Halts Operations Amid Cash Shortfall
One-time RNAi drug developer Genesis Research and Development said this week that it has suspended its operations due to "lack of funding." (Wed, 05 May 2010 07:54:54 -0700)

Storm Clouds Brewing for Payday Lenders
Friends, Americans, countrymen, I come here not to debate the relative merits of short-term cash advances and the companies that offer them, but to bury the hopes of their investors. (Wed, 05 May 2010 10:31:00 -0700)

Search On For Cash Store Armed Robber
JACKSONVILLE, Fla. -- Police are looking for a man who they said robbed an Advance America on Tuesday afternoon. Officers said the black man entered the store in the 11000 block of Old St. Augustine Road at about 1 p.m. and demanded money from the clerks at gunpoint. (Wed, 05 May 2010 13:23:56 -0700)

Global Cash Access Reports First Quarter 2010 Results
LAS VEGAS----Global Cash Access Holdings, Inc. today announced financial results for the quarter ended March 31, 2010. (Wed, 05 May 2010 13:24:00 -0700)

Payday lending blossoms in Janesville
While most lawmakers say its a step in the right direction, consumer advocates say Wisconsins pending payday loan legislation doesnt go far enough to free borrowers from a cycle of debt anchored by sky-high annual interest rates. (Sun, 09 May 2010 14:04:10 -0700)

Payday lenders and check cashers fight financial reform legislation in Congress
Payday lenders and check cashers blanketed Capitol Hill last week to challenge the scope of the financial reforms under debate in Congress and combat the industry's reputation as the pariahs of the financial system. United States Congress - Loan - Financial services - Business - United States (Sun, 09 May 2010 21:00:00 -0700)

Payday lenders and check cashers fight financial reform legislation in Congress
Payday lenders and check cashers blanketed Capitol Hill last week to challenge the scope of the financial reforms under debate in Congress and combat the industry's reputation as the pariahs of the financial system. United States Congress - Financial services - Loan - Business - United States (Sun, 09 May 2010 21:00:00 -0700)

Queen Exits EMI as Investors Vote on Cash for Label
Queen, the British rock band that penned Bohemian Rhapsody, is said to be leaving EMI Music after almost four decades, as the labels investors vote on providing more cash to prevent creditors from seizing control. (Mon, 10 May 2010 10:02:04 -0700)

Credit Union Alternatives Cost the Same as Payday Loans
DAVIS, CA--(Marketwire - 05/10/10) - A groundbreaking study , "Are Credit Unions Viable Providers of Short-term Credit?" by Prof. Victor O. Stango concludes that credit unions cannot offer payday loan alternatives any more cheaply than payday loan companies. According to Prof. Stango, who teaches at the Graduate School of Management at the University of California: Davis, few credit unions are ... (Mon, 10 May 2010 10:53:00 -0700)

Credit Union Alternatives Cost the Same as Payday Loans
Few Credit Unions Seek to Compete in Small-Loan Market; Borrowers Prefer Traditional Payday Lenders (Mon, 10 May 2010 11:09:17 -0700)

Payday reform bill on verge of passing statehouse
(Crain's) The Illinois General Assembly is on the cusp of capping for the first time the interest rates that consumer finance companies can charge borrowers. Compromise legislation to overhaul two state lawsthe Consumer Installment Loan Act and the Payday Loan Reform Actcleared the ... (Mon, 10 May 2010 13:25:57 -0700)

Girls tennis: Central District Tournament
Prince Georges Elizabeth Walsh upset fourth-seeded Courtney Cox of Thomas Dale then defeat Colonial Heights Mimi Garcia to advance to the semifinals of the Central District tournament. The top three seeds, Matoacas Darya Uzzell, Prince Georges Katy Cash and Colonial Heights Morgan Jones will join Walsh in todays semifinals 2 p.m. at Prince George. Doubles quarterfinals and semifinals will ... (Mon, 10 May 2010 16:20:59 -0700)

Pan American Silver Increases Earnings and Cash Flow During the First Quarter of 2010
Cash Costs Per Ounce of Silver Decline 27% (Mon, 10 May 2010 18:09:07 -0700)

FOCUS-Cbank may aim to ease June crunch with cash mgmt bills
By Suvashree Dey Choudhury and Neha D'silva (Mon, 10 May 2010 21:35:45 -0700)

Top seeds advance BOYS TENNIS
The top three seeds - No. 1 Matoaca's Darya Uzzell, No. 2 Prince George's Katy Cash and No. 3 Colonial Heights' Morgan Jones - won on Monday and advanced to Tuesday's Central District girls semifinals at 2 p.m. at Prince George High School. The doubles (Mon, 10 May 2010 21:45:19 -0700)

India o/n rates end steady amid comfortable cash
(Updates to close) (Tue, 11 May 2010 00:28:52 -0700)

Ohio studies payday loan loopholes
Two years after the Ohio General Assembly passed legislation regulating the amount of interest payday lenders can charge for short-term loans, state lawmakers are taking up the issue again. New legislation is aimed at trying to plug some loopholes that have allowed lenders to make up for their loss of revenue by hitting customers with other fees. (Tue, 11 May 2010 06:13:34 -0700)

Med BioGene Loss Declines in Advance of US Launch for LungExpress Dx
NEW YORK (GenomeWeb News) Canadian molecular diagnostics firm Med BioGene today reported that its first-quarter net loss increased around 6 percent as it continued to prepare to launch its LungExpress Dx test. (Tue, 11 May 2010 07:55:33 -0700)

Armed man robs payday lender, leaves on moped
Police are searching for a man accused of robbing a Rock Hill payday lender at gunpoint Monday morni (Tue, 11 May 2010 08:15:51 -0700)

Polish bank claims Europe's first biometric cash point
Poland's cooperative BPS SA bank claimed Tuesday to be the first in Europe to install a biometric cash point allowing its clients to use their fingertips rather than a bank card to withdraw money. (Tue, 11 May 2010 11:36:18 -0700)

Payday Reform Expected To Pass House
Photo by Mark Mullis The Illinois Legislature is closer to passing reform to the Payday Loan Act and the Consumer Installment Loan Act, which would close loopholes that have allowed some of the more predatory practices of lenders. Crains reports the Consumer Installment Act is expected to be amended to impose a cap of 99% on consumer installment loans under $4,000. The Payday Loan Reform Act ... (Tue, 11 May 2010 12:09:59 -0700)

Winderman: Playoffs cautionary tale for free-spenders
Winderman: A year ago, three contenders looking to take the next step in the postseason San Antonio, Atlanta and Boston attempted to cash in. By week's end, all could be cashed out, left only with salary remnants that make the equation that much more difficult moving forward. (Tue, 11 May 2010 18:12:33 -0700)

Legislation to address Missouris dire budget situation has gained support and opposition
JEFFERSON CITY | Several bills aimed at rebooting Missouri state government will likely fall short of passage in the waning days of the legislative session. Opposition from lawmakers and a rapidly approaching deadline have effectively killed legislation to revise punishments for nonviolent criminals, combine state education departments and raid the cash balances of various state funds. (Tue, 11 May 2010 21:23:51 -0700)

Cash-rich Indians make a beeline for the Beetle!
The iconic Volkswagen Beetle has caught the imagination of well-heeled Indians who do not mind forking out a fortune to buy the bug. (Wed, 12 May 2010 02:52:27 -0700)

Advance fee scams are on the rise, police say
If something sounds too good to be true, it probably is. And if youve never played the lottery, the letter saying you won is probably fake. Thats the advice Enterprise Police Detective Steve Russell gives as reports of scams involving money loss are increasing. (Wed, 12 May 2010 05:16:58 -0700)

'Jason Bourne' suspect may have fled country, LAPD fears
A mystery man who fled from LAPD detectives last month from a downtown Los Angeles loft where counterfeit cash and weapons were found remains at large, and officials worry he may have left the country. (Wed, 12 May 2010 08:04:56 -0700)

WINCHESTER TOWN MEETING PREVIEW: Final articles to be tackled at next Mondays session
The non-financial part of Town Meeting concluded a few weeks ago, town meeting representatives will began answering tough questions about free cash and the towns budget at Mondays Town Meeting. (Wed, 12 May 2010 08:34:52 -0700)

U.S. stocks gain on hopes for U.S. economy
U.S. stocks advance Wednesday as investors turn their focus back to the recovering domestic economy, with a March jump in exports signaling ongoing improvement in the manufacturing sector. (Wed, 12 May 2010 09:40:00 -0700)

Richard (RJ) Eskow: Usurious Payday Loans: Myths, Flawed Studies, and Solutions
The trade association for payday lenders objected to what they called my "name calling" in their blog yesterday ... then called me a "pig."Why? Because... (Wed, 12 May 2010 10:14:11 -0700)

Ace not enough to advance for Cape's Shin, Wake Forest
Where: Ironwood Country Club, Greenville, N.C., No. 8, 191 yards, 3-wood (Wed, 12 May 2010 10:41:33 -0700)

U.S. stocks gain on hopes for U.S. economy
Stocks advance as investors turn their focus back to the recovering domestic economy, with a March jump in exports signaling ongoing improvement in the manufacturing sector. (Wed, 12 May 2010 12:37:00 -0700)

Company told to stop internet payday loan activity in Idaho
A Utah payday lender alleged to be making loans in Idaho without a licenseand unlawfully garnishing (Wed, 12 May 2010 12:44:35 -0700)

Cash and Power
A First Things First member gets a threatening letter after expressing conflict-of-interest concerns by Tim Vanderpool According to its rhetoric, the statewide First Things First program marks an exciting advance for early-childhood development efforts. But if local developments lend any clue, this particular sandbox may be a little too small. That fact burst to light recently, when one member ... (Wed, 12 May 2010 13:30:32 -0700)

U.S. stocks gain on U.S. recovery; tech leads
U.S. stocks advance as investors return their focus to the recovering domestic economy, helped by a March jump in exports and an optimistic outlook from International Business Machines Corp. (Wed, 12 May 2010 13:57:00 -0700)

Silvercorp Reports Net Income of $9.8 Million and Cash Flow of $23.8 Million in Fourth Quarter; Provides Outlook for ...
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 05/12/10) - Silvercorp Metals Inc. (Silvercorp or the Company) (TSX: SVM - News )(NYSE: SVM - News ) reports today its unaudited financial and operating results for the fourth quarter and fiscal year that ended March 31, 2010, and provides an outlook for its fiscal 2011 year. The following financial results are expressed in US dollars (US$) unless ... (Wed, 12 May 2010 15:08:00 -0700)

Silvercorp Reports Net Income of $9.8 Million and Cash Flow of $23.8 Million in Fourth Quarter; Provides Outlook for ...
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2010) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) reports today its unaudited financial and operating results for the fourth quarter and fiscal year that ended March 31, 2010, and provides an outlook for its fiscal 2011 year. The following financial results are expressed in US dollars (US$) unless stated ... (Wed, 12 May 2010 15:24:16 -0700)

Woman arrested in bogus payday loans case
A 24-year-old Mesa woman who worked at a Chandler payday loan center is facing forgery charges after allegedly processing the paperwork for nearly $15,000 in bogus loans under other peoples names. (Wed, 12 May 2010 16:34:24 -0700)

House votes to close payday loan loophole
COLUMBUS - The Ohio House on Wednesday, May 12, voted 61-37 in favor of a new crackdown on payday lenders who found ways to continue to charge high fees to low-income borrowers. (Wed, 12 May 2010 18:44:35 -0700)

Japans Bond Futures Fall, End Two-Day Gain, as Stocks Advance
May 13 (Bloomberg) -- Japanese bond futures fell, snapping a two-day gain, as a worldwide rally in equities damped demand for the refuge of government debt. (Wed, 12 May 2010 19:10:38 -0700)

Payday loan reform passes Illinois Senate
Assistant Senate Majority Leader Kimberly A. Lightford (D-Maywood) advanced legislation through the Illinois Senate this week that will protect consumers by placing much tighter regulations on the payday loan industry. (Thu, 13 May 2010 02:49:03 -0700)

Special meeting today on payday loan firms, pawn shops
Possible restrictions on new payday loan and pawn shops in Des Moines will be discussed in a special meeting today at 4 p.m. at City Hall. (Thu, 13 May 2010 08:09:28 -0700)

Chandler payday loan worker arrested for forgery
CHANDLER, Ariz. (AP) - Chandler police say a Mesa woman is jailed after allegedly processing the paperwork for nearly $15,000 in bogus loans at a Chandler payday loan business, and then keeping the money. (Thu, 13 May 2010 09:06:19 -0700)

Chandler payday loan worker arrested for forgery
CHANDLER, Ariz. (AP) Chandler police say a Mesa woman is jailed after allegedly processing the paperwork for nearly $15,000 in bogus loans at a Chandler payday loan business, and then keeping the money. Police say 24-year-old Emma Yolanda Ruiz is facing forgery charges after she allegedly processed the paperwork for fake loans under other people's names. Ruiz worked as a cashier at One Stop ... (Thu, 13 May 2010 09:07:46 -0700)

Payday Loan Worker Arrested For Forgery
A Mesa woman is jailed after allegedly processing the paperwork for nearly $15,000 in bogus loans at a Chandler payday loan business, and then keeping the money, police say. (Thu, 13 May 2010 09:12:54 -0700)

Scammers fishing for private info using payday loan ruse
If you get a call from U.$. Cash Advance demanding payment on an overdue payday loan, call the police. (Thu, 13 May 2010 09:46:17 -0700)

Temporary ban on payday loan, pawn shops likely in Des Moines
Des Moines leaders have backed a temporary ban on new pawn shops and payday loan stores in the city and called upon state lawmakers to enact tighter regulations throughout Iowa. (Thu, 13 May 2010 18:24:28 -0700)

Imperial Capital Advises Western Money Systems in Its Sale to Global Cash Access Holdings
LOS ANGELES, CA--(Marketwire - May 14, 2010) - Imperial Capital announced today the closing of the sale of Western Money Systems, Inc.("Western Money") in its sale to Global Cash Access Holdings, Inc. ( NYSE : GCA ). Imperial Capital acted as exclusive financial advisor to Western Money. The acquisition is expected to be highly synergistic and accretive to GCA, as Western Money's expertise and ... (Fri, 14 May 2010 01:54:07 -0700)

Borrowers have alternatives to payday loans
Alternatives available to payday loans Newport News moving company executive Ward Scull learned that one of his employees had taken out multiple payday loans at an interest rate of nearly 400 percent. When I found out that this was legal in the state of Virginia, I almost had a fit, he said. Vexed, he teamed up with Mike Lane of Gloucester, a retired federal government official, and together ... (Sat, 15 May 2010 21:21:08 -0700)

FREE HALO 3 Gaming Tournament-Win A $500 Cash Prize
Area credit unions, along with Game Stop, Go Fast Sports and www.mybank2go.com are sponsoring gaming tournaments on Saturday, June 5th, in and around the metro Denver area. (Sun, 16 May 2010 00:00:00 -0700)

Reunions
Send reunions at least three weeks in advance 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, 16 May 2010 00:14:10 -0700)

In & Around Randolph Township and Mine Hill Township
SUNDAY, May 16 Help the animals of the Randolph Animal Pound just by dining. Dine at The Exchange, 160 East Main Street, Rocakway, with The Friends of Randolph Animal Pound any time that day, and the homeless animals will receive a donation from the restaurant. A Cash for Gold. Program is also offered that day. You will receive the highest price for gold (approx. $25 penny weight) and the ... (Sun, 16 May 2010 00:25:05 -0700)

From "Swiss barber" to top stylist
Reto Camichel left Switzerland for South Africa at the age of 20, armed only with his best clothes, some cash and a cherished dream. (Sun, 16 May 2010 10:33:17 -0700)

Lansing art group awards Ovid artist
LANSING The Arts Council of Greater Lansing recently announced the selection of five artists as recipients of the Arts Councils Individual Artist Grant program with cash awards of $1,000 each. Each recipient was selected based upon the merit of their proposed project. (Sun, 16 May 2010 12:12:11 -0700)

Advance Notices
MOMS Club is a group for stay-at-home mothers in Etowah County. All moms are welcome. Please call 256-438-7722 or e-mail gadsdenmomsclub@yahoo.com for more information. May 17: Member meeting, 10 a.m., child care provided. Visitors welcome. May 17: Playdough and popsicles in the park, 3:30 p.m. May 20: Walking group, 9:30 a.m. (Sun, 16 May 2010 15:43:50 -0700)

Casino idea a stalking-horse?
Peggy Fikac: Gambling opponent thinks casinos won't happen but would open doors for leasing state lottery to a firm that could offer a 'payday loan' to Texas. (Sun, 16 May 2010 16:02:38 -0700)

Payday loans feeling squeezed
Industry lobbying against limits on borrowing, other restrictions The PLS payday loan store in Evanston stays open seven days a week, from as early as 8 a.m. to as late as 9 p.m., its bright interior festooned with signs that aptly tell its story. (Sun, 16 May 2010 20:11:38 -0700)

Complete Metro Business calendar for week of May 17
MONDAY, MAY 17 Career-Prospectors, http://www.career-prospectors.com, a job-search networking group, meets every Monday at 7:30 a.m., community room at Corporate HeadquartersWatkins Centre, 15521 Midlothian Turnpike. Presenter: Jessica R. Borsits, president of Buford Creek Consulting. Program: Networking and Marketing Yourself During Career Transition. Details ... (Sun, 16 May 2010 21:16:14 -0700)

Lack of Trust Pummels Bank Lending in Europe: Credit Markets
May 17 (Bloomberg) -- Money markets are showing rising levels of mistrust between Europes banks on concern an almost $1 trillion bailout package wont prevent a sovereign debt default that might trigger a breakup of the euro. (Sun, 16 May 2010 21:36:58 -0700)

Dubai jewellers cash in on Indian festival
Dubai-based jewellers and groups devoted to promotion of the bullion reported an increase in spending by consumers on gold on Akshay Tritiya, an Indian festival which is considered auspicious for the purchase of precious metals. (Mon, 17 May 2010 01:12:07 -0700)

London Markets: U.K. stocks, BP fail to hold early advance
British shares failed to hold early gains on Monday, as Man Groups poorly received plan to buy a rival and a big drop for commodities producers weighed. (Mon, 17 May 2010 01:43:49 -0700)

Aphrodite Gold opens $10 million IPO
Gold explorer seeks to advance work on namesake project in WA. 17 May 2010 6:39 PM (Mon, 17 May 2010 01:47:46 -0700)

U.S. Stock-Index Futures Fluctuate; Exxon Mobil, Alcoa Fall
May 17 (Bloomberg) -- U.S. stock-index futures drifted between gains and losses after the Standard & Poors 500 Index posted its biggest weekly advance in two months. (Mon, 17 May 2010 03:33:49 -0700)

FOCUS-Taxes, 3G may lead to cash crunch in June-bond dealers
* Bank can borrow against govt debt holdings (Mon, 17 May 2010 03:35:22 -0700)

Row over swimming pool cash refunds
A row over refunds has broken out between parents and the boss of the company which used to run a Shropshire swimming pool, it emerged today. (Mon, 17 May 2010 04:17:23 -0700)

European Stocks, U.S. Futures Advance; BP, Telefonica Gain
European stocks rallied, paring losses from May 14, as investors speculated that the regions companies may shrug off measures to reduce sovereign deficits. Asian shares slumped while U.S. index futures advanced. (Mon, 17 May 2010 04:25:50 -0700)

European Stocks, U.S. Futures Advance; BP, Telefonica Gain
May 17 (Bloomberg) -- European stocks rallied, paring losses from Friday, as investors speculated that the regions companies may shrug off measures to reduce sovereign deficits. Asian shares slumped while U.S. index futures advanced. (Mon, 17 May 2010 05:14:31 -0700)

Axion Power International Reports First Quarter 2010 Results
- Cash, net of debt, was $20.5 million at March 31. read more (Mon, 17 May 2010 06:36:32 -0700)

BUSINESS BAN: Des Moines leaders want to ban pay day loan and pawn shops in the city
City leaders say they take advantage of poor people and drive other more desireable businesses away With a unanimous vote, Des Moines leaders took the first steps to ban payday loan businesses and pawn shops from opening for the next six months. Once the moratorium is up, new stores could also find new restrictions. (Mon, 17 May 2010 08:54:33 -0700)

Freeze on new pawn shops, payday lenders in Des Moines
A six-month freeze on new pawn shops and payday loan stores was approved by the Des Moines City Council. (Mon, 17 May 2010 10:59:55 -0700)

Extra Tests May Delay Launch of Huge Flagship Space Telescope
NASA's next-generation James Webb Space Telescope will likely need to undergo additional testing, resulting in a roughly four-month delay that will get worse if Congress does not cover an unrelated cash shortfall the program faces in 2011. (Mon, 17 May 2010 14:23:31 -0700)

International Minerals Reports US$3.3 million Net Income for Third Fiscal Quarter Cash Dividend of US$10.0 Million ...
SCOTTSDALE, Ariz.----International Minerals Corporation reports results for the fiscal third quarter ending March 31, 2010 of $3.3 million in consolidated net income , including net equity income of $6.4 million from its 40%-owned Pallancata silver mine . (Mon, 17 May 2010 15:00:00 -0700)

Treasuries Decline as Euro Recovers From Fall, Equities Advance
May 17 (Bloomberg) -- Treasuries fell as stocks erased losses and the euro recovered from a four-year low it reached amid concern European austerity measures will derail the regions economic recovery. (Mon, 17 May 2010 18:55:25 -0700)

Cyberwar Cassandras Get $400 Million in Conflict Cash
Defense contractors at Booz Allen Hamilton declare the U.S. is getting its ass kicked in an ongoing cyberwar. Then comes the $400 million in Pentagon contracts with the company to help wage that digital conflict. (Mon, 17 May 2010 19:21:16 -0700)

Textme briefs: May 18
History Day winners advance to nationals (Mon, 17 May 2010 21:00:00 -0700)

Gary Rivlin: The Payday Lenders Confront Their Mortality
There aren't many industries that might be wiped away in a few strokes of a pen but then the country's payday lenders - those in... (Mon, 17 May 2010 21:03:31 -0700)

Indian Bonds Decline as Yields at 5-Month Low Deter Investors
May 18 (Bloomberg) -- Indias 10-year bonds fell, snapping a five-day advance, on speculation yields at their lowest level in more than five months are deterring buyers. (Mon, 17 May 2010 21:43:03 -0700)

Consumers looking for help via payday loan better think twice
When William Lee took out a $250 payday loan through an online outfit, he figured he'd have to pay back $280 -- the money he received plus interest or fees. Lee was shocked to learn he owed $400. (Thu, 20 May 2010 21:51:10 -0700)

In Which States Are Payday Loans Still 'Legal'?
read more (Thu, 27 May 2010 04:06:13 -0700)

Cash Indexes Advance
The zig-zag maneuvers continued in the corn and soybean and wheat markets again Wednesday. (Thu, 27 May 2010 04:25:06 -0700)

Payday Lending Draws Interest From Lawmakers
Making short-term loans to low-income people is big business. Critics say payday lenders take advantage of desperate people with extremely high rates. But operators say the stores help people get through short-term financial emergencies. (Fri, 28 May 2010 03:50:29 -0700)

Online payday fees could be higher
For many consumers, the payday loan ends up as a debt trap. Take a legitimate 14-day advance for $100. If the fee on that advance is $15, the Federal Trade Commission notes, the consumer's cost is comparable to an annual interest rate of 391 percent on a short-term loan. Under fed... (Sat, 29 May 2010 21:16:35 -0700)

Qatar Shares Advance on Optimism Drop Overdone; Orascom Soars
May 30 (Bloomberg) -- Qatar stocks rose, leading Gulf Arab markets higher, on speculation this months decline may have been overdone as economic growth picks up and global markets rallied as concerns over Europes debt crisis eased. (Sun, 30 May 2010 10:18:49 -0700)

Bernama TV gets RM5m advance
Silver Ridge Holdings Bhd (SRHB) said today its wholly-owned subsidiary, Silver Ridge (Multimedia) Sdn Bhd, has rendered interest-free cash advance of RM4.97 million to Bernama TV Synergy (BTV). In a statement, the company said the financial assistance was for BTV's capital expenditure and working capital purposes for the first-quarter ended March 31, 2010. -- Bernama (Mon, 31 May 2010 05:37:11 -0700)