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Cash Advance News Feb 2006

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City may curb growth of payday loan offices
Payday lending and check-cashing outlets would find it harder to set up stores in Tucson if the City Council passes new restrictions next week. (Sat, 25 Feb 2006 11:17:12 GMT)

Stout holds off Stevens Point to advance to championship game
Adam Chandler cooled down considerably shooting-wise in the second half, but still hit the clutch shot, a three-pointer with 1:32 left in the game to hold off another UW-Stevens Point comeback as the UW-Stout men's basketball team went on to a 78-70 win Thursday, Feb. 23, at Johnson Fieldhouse. (Sat, 25 Feb 2006 19:39:18 GMT)

Key: Russian firms with low debt and rising cash flow
Samuel Oubadia's ING Russia Fund, which outperformed all other international mutual funds during the last year, sees little chance of a repeat as energy prices retreat from record highs. (Sun, 26 Feb 2006 10:28:22 GMT)

City Council to take a look at payday-loan restrictions
Payday-lending operations may be hit with new restrictions Tuesday by the Tucson City Council. (Sun, 26 Feb 2006 10:31:59 GMT)

NHRA NEWS: PHOENIX ADVANCE PACKAGE
CHECKER SCHUCK'S KRAGEN NHRA NATIONALS presented by CASTROL FACT SHEET WHAT: 22nd annual Checker Schuck's Kragen NHRA Nationals presented by Castrol, the second of 23 events in the $50 million NHRA POWERade Drag Racing Series. (Sun, 26 Feb 2006 20:20:23 GMT)

Pushing the Boundaries of Taste in Japan
TOKYO -- On a quest for the "ultimate ingredients," a team of food explorers from a hit television show here scaled mountains seeking the perfect mushroom and braved stormy seas off Alaska to catch extra-plump salmon. On a rival network, celebrities on "Love's Apron" amuse audiences by bungling... (Mon, 27 Feb 2006 03:05:02 GMT)

European Stocks May Rise; Suez, Gaz de France Might Advance
Feb. 27 (Bloomberg) -- European stocks might advance amid optimism about takeovers. Suez SA and Gaz de France SA may climb after announcing a merger that will create the world's second- biggest power and gas company. (Mon, 27 Feb 2006 07:44:25 GMT)

European Stocks May Rise; Suez, Gaz de France Might Advance
Feb. 27 (Bloomberg) -- European stocks may advance amid optimism about takeovers. Suez SA and Gaz de France SA may climb after announcing a merger that will create the world's second- biggest power and gas company. (Mon, 27 Feb 2006 08:06:26 GMT)

U.K. Stocks Advance, Paced by Barclays, Lloyds, National Grid
Feb. 27 (Bloomberg) -- U.K. stocks rose for a second day, led by banks including Barclays Plc and Lloyds TSB Group Plc after brokers raised price estimates for the companies' shares. (Mon, 27 Feb 2006 10:34:21 GMT)

U.S. Stock-Index Futures Gain; Disney, Apple, Avon Advance
Feb. 27 (Bloomberg) -- U.S. stock-index futures rose as oil declined, easing concerns that higher energy costs may curb economic and corporate profit growth. Walt Disney Co. and Apple Computer Inc. advanced in Europe. (Mon, 27 Feb 2006 11:22:49 GMT)

U.K. Stocks Advance, Paced by Barclays, Lloyds, National Grid
Feb. 27 (Bloomberg) -- U.K. stocks rose for a second day, paced by banks including Barclays Plc and Lloyds TSB Group Plc after brokers raised price estimates for the shares. (Mon, 27 Feb 2006 11:34:27 GMT)

Catalina Marketing Provides Update on Color Printer Project
In advance of several meetings with the investment community this week, Catalina Marketing Corporation ( Nachrichten ) (NYSE: POS) today provided an update on the progress of Catalina Marketing Services' project to install approximately 140,000 color printers for targeted communications in its U.S. retail store network. (Mon, 27 Feb 2006 12:55:45 GMT)

U.S. Stocks Advance as Lowe's Gains on Profit; Merrill Rises
Feb. 27 (Bloomberg) -- U.S. stocks rose after Lowe's Cos., the world's second-largest home improvement retailer, reported profit that exceeded analysts' expectations and Merrill Lynch & Co., the biggest securities firm, said it would buy back up to $6 billion of its shares. (Mon, 27 Feb 2006 15:23:29 GMT)

U.S. Stocks Advance as Lowe's Gains on Profit, Oil Price Drops
Feb. 27 (Bloomberg) -- U.S. stocks rose after Lowe's Cos., the world's second-largest home improvement retailer, reported profit that exceeded estimates and oil prices declined, boosting optimism that consumer spending will continue to be strong. (Mon, 27 Feb 2006 16:49:19 GMT)

Area briefs
Samuel W. Speck, director of the Ohio Department of Natural Resources, was recently re-elected chairman of the Ohio Lake Erie Commission for 2006. Cash Misel, assistant director of the Ohio Department of Transportation, was elected secretary. (Mon, 27 Feb 2006 17:12:57 GMT)

U.S. Stocks Advance as Lowe's, Cablevision Gain on Earnings
Feb. 27 (Bloomberg) -- U.S. stocks rose to the highest in almost five years after companies such as home-improvement retailer Lowe's Cos. and Cablevision Systems Corp. reported earnings that exceeded estimates. (Mon, 27 Feb 2006 17:38:32 GMT)

Morning Robbery at Cash Advance Business
February 27th, 2006- Des Moines police are dealing with another robbery this morning, bringing the total number of businesses robbed within the last 12 hours to four. (Mon, 27 Feb 2006 18:31:33 GMT)

Men Rob Cash-Advance Store
A check-cashing store was robbed Monday morning in Des Moines. (Mon, 27 Feb 2006 18:36:29 GMT)

Yen May Rise; Production Probably Extended Gains to Sixth Month
Feb. 28 (Bloomberg) -- The yen may advance on speculation a government report will show industrial production rose for a sixth month, adding to evidence the economy is growing fast enough for the central bank to end its deflation-fighting policy. (Mon, 27 Feb 2006 23:30:13 GMT)

Yen May Rise; Production Probably Extended Gains to Sixth Month
Feb. 28 (Bloomberg) -- The yen may advance on speculation a government report will show industrial production rose for a sixth month, adding to evidence the economy is growing fast enough for the central bank to end its deflation-fighting policy. (Mon, 27 Feb 2006 23:32:32 GMT)

Japanese Stocks May Rise on Lower Oil Prices; Sharp May Gain
Feb. 28 (Bloomberg) -- Japanese stocks may rise after the price of crude oil tumbled 3 percent, easing concern soaring fuel costs will curb consumer spending. Exporters such as Sharp Corp. may advance. (Tue, 28 Feb 2006 00:00:23 GMT)

Mayor wants city payday loan rules By Zsombor Peter Staff Writer
GALLUP — With another session of the New Mexico Legislature over and still no new rules on how much the state's payday lenders may lend and charge, the City Council will once again consider taking matters into its own hands. (Tue, 28 Feb 2006 03:16:42 GMT)

Japanese Stocks Advance, Led by Mitsubishi UFJ; Sony Declines
Feb. 28 (Bloomberg) -- Japanese stocks rose after a report showed factory production climbed to a record, adding to evidence growth in the world's second-biggest economy is gathering pace. Mitsubishi UFJ Financial Group Inc. led gains. (Tue, 28 Feb 2006 07:02:40 GMT)

Enron accountant ‘ordered to raid cash reserves’
Wesley Colwell, the former head accountant of Enron’s North American trading business, has testifed that he was forced to raid the energy company’s reserve funds to inflate earnings. (Tue, 28 Feb 2006 07:09:04 GMT)

Enron accountant ‘ordered to raid cash reserves’
AccountancyAge.com, Accountancy Age , Tuesday 28 February 2006 at 00:00:00 Former top accountant gives testimony at trial of former CEOs Wesley Colwell, the former head accountant of Enron’s North American trading business, has testifed that he was forced to raid the energy company’s reserve funds to inflate earnings.... > Read the full article (Tue, 28 Feb 2006 07:11:51 GMT)

Gartmore Irish Fund, Shunned 10 Years Ago, Gains for Williams
Feb. 28 (Bloomberg) -- Gartmore Investment Management's Gervais Williams had difficulty finding clients when he started the company's Irish Growth Fund a decade ago. For those who did commit their cash, the bet has paid off. (Tue, 28 Feb 2006 07:34:38 GMT)

Europe stocks edge lower despite RBS, Axa advance
LONDON (MarketWatch) -- Generous cash-return programs from two of Europe's leading financials, Royal Bank of Scotland and Axa, didn't provide enough of a spark on European stock markets on Tuesday to offset a retracing of gains on Wall Street last night. (Tue, 28 Feb 2006 08:45:00 GMT)

LUCKY AND WISE
An exercised journalist asked P. Chidambaram at his post-budget press conference whether he would have to pay 12 per cent service tax on all the cash he withdrew from an automatic teller machine. (Tue, 28 Feb 2006 22:13:47 GMT)

Back to Weblog
Attorney General Mike Beebe has dipped a toe into the payday lending racket . Well, not exactly, though action today reminds us of the subject. He's sued a Jonesboro outfit, Money In A Flash , for attempting to mask a usurious loan scam -- interest rates up to 520 percent per annum -- as rebates from an Internet service. (Tue, 28 Feb 2006 22:25:02 GMT)

European stocks end lower
LONDON: European stock markets finished sharply lower Tuesday, with a string of poor U.S. economic data and growth concerns over Google Inc. offsetting generous cash-return programs from leading European financials Royal Bank of Scotland and Axa. (Tue, 28 Feb 2006 22:42:17 GMT)

Microsoft, Department of Labor Team Up to Train Technology Workers
As part of its ongoing efforts to strengthen the U.S. work force and boost the ability of the nation's companies to compete in a global economy, Microsoft Corp. today announced it is donating cash, software and a curriculum to help provide training in technology skills to adults. (Tue, 28 Feb 2006 22:50:26 GMT)

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