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Cash Advance News Apr 2007

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Police searching for robbery suspects
Evansville police are searching now for a female suspect who robbed the Cash Time cash advance business at 4245 N. First Ave. (Wed, 11 Apr 2007 15:30:40 GMT)

Nation briefs: Wednesday
Pentagon drafts plan capping loan interest; Ex-accountant charged; 2 teens shot at school; Controllers need breaks; House hearings planned; Judge to decide custody; Companies pull ads; Midshipman convicted (Wed, 11 Apr 2007 15:32:49 GMT)

German Stocks Decline, Led by Bayer, SAP; TUI, Puma Advance
April 11 (Bloomberg) -- German stocks dropped, led by Bayer AG. SAP AG fell after Morgan Stanley said analysts' earnings estimates for the world's largest business-management software maker ``look high.'' (Wed, 11 Apr 2007 16:28:36 GMT)

Predatory Loan Investigation
Kanawha Circuit Court has ordered 10 Internet payday lenders to comply with an investigation conducted by Attorney General Darrell McGraw. (Wed, 11 Apr 2007 17:37:17 GMT)

Department of Defense targets payday loans
RICHMOND, Va. — Servicemembers and their dependents could pay no more than 36 percent annual interest on payday loans, vehicle title loans and refund anticipation loans under a preliminary draft of a law intended to stop high-interest loans to the military. (Wed, 11 Apr 2007 20:11:13 GMT)

Payday Lenders Told to Release Documents
A Kanawha County Circuit Court judge has ordered 10 Internet payday lenders to produce documents subpoenaed by state Attorney General Darrell McGraw's office. (Wed, 11 Apr 2007 21:06:45 GMT)

Payday lenders told to release documents
Judge Paul Zakaib also ordered the lenders to stop making or collecting payday loans in West Virginia until further notice. Payday loans are short-term loans or cash advances, typically for 14 days, with high interest rates. (Wed, 11 Apr 2007 21:19:02 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Wed, 11 Apr 2007 21:20:52 GMT)

Gold Fields Takeover Interest Can't Be Verified; Shares Advance
April 11 (Bloomberg) -- A plan to take over Gold Fields Ltd., the world's fourth-largest gold producer, by a man who says he's a financier can't be verified. (Wed, 11 Apr 2007 21:56:57 GMT)

BNZ Confidence Survey
Last month our survey of Weekly Overview readers was undertaken just after the Reserve Bank had increased its official cash rate to 7.5%. We found a small increase in net pessimism about the economy over the next 12 months. (Wed, 11 Apr 2007 23:35:00 GMT)

Cameron calls for probe into cash for stories deal
Conservative leader David Cameron at Bannermans Decorators during his visit to Perth yesterday. (Wed, 11 Apr 2007 23:54:09 GMT)

Going Out Guide 04/12
Photo contest. The Pasquotank Arts Council Gallery and The Daily Advance will sponsor the 2007 Photography Show & Competition opening May 6. The contest is open to photographers 18 and older. Two photos may be entered for $10. Prize money of $50, $100, $200 will be awarded to the winners. Call 338-6455 for rules and entry forms or email [email protected] (Thu, 12 Apr 2007 01:30:27 GMT)

NHL Playoffs Roundup: Atlanta hopes to cash in
Read this article ] (Thu, 12 Apr 2007 04:40:21 GMT)

Ten payday loan subpoenas granted
A Kanawha County Circuit Court granted the West Virginia attorney general’s petition for investigative subpoenas against 10 Internet payday lenders, Attorney General Darrell McGraw announced Wednesday. (Thu, 12 Apr 2007 05:03:11 GMT)

Renters would cash in under proposal
TALLAHASSEE — Renters would receive cash rebates under a House plan unveiled Wednesday that adds another sector to that chamber’s property tax reform proposal. (Thu, 12 Apr 2007 05:15:27 GMT)

Police searching for robbery suspect
A knife-wielding robber escaped with an undisclosed amount of cash from a check advance business on Evansville's North Side on Wednesday. (Thu, 12 Apr 2007 06:17:01 GMT)

Risky business?: Don't ban the payday loan industry - fix it
Thanks to a bevy of unflattering media reports, there are probably few industries as vilified as the payday loan industry. Still, those who provide small, short-term loans offer a valuable service, and the government is wrong to trample on it. (Thu, 12 Apr 2007 06:22:01 GMT)

Military to limit lenders
The Department of Defense writes aggressive new regulations aimed at predatory lending. In a move that affects Hampton Roads payday and car title lenders, along with tax preparation firms, the military proposed on Wednesday to broadly use its new authority to prevent predatory lending to service members. (Thu, 12 Apr 2007 07:23:44 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Thu, 12 Apr 2007 09:24:39 GMT)

Military to limit predatory lending
The Department of Defense writes aggressive new regulations aimed at predatory lenders. In a move that affects Hampton Roads payday and car title lenders, along with tax preparation firms, the military proposed on Wednesday to broadly use its new authority to prevent predatory lending to service members. (Thu, 12 Apr 2007 13:18:06 GMT)

Judge orders online payday lenders to release documents
A Kanawha County Circuit Court judge has ordered 10 Internet payday lenders to produce documents subpoenaed by state Attorney General Darrell McGraw's office. (Thu, 12 Apr 2007 14:00:10 GMT)

Consumer Grps Criticize Pentagon's Proposed Payday Loan Rules
WASHINGTON -(Dow Jones)- Three consumer groups said Thursday that a new Pentagon proposal aimed at cracking down on high-cost loans to military personnel was watered down and would allow many expensive products to continue. (Thu, 12 Apr 2007 18:18:34 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Thu, 12 Apr 2007 20:35:42 GMT)

Pratap Singh gets prestigious clinical chemistry award
The annual award recognizes individuals for contributions that advance the technology of clinical laboratory sciences. (Thu, 12 Apr 2007 21:30:56 GMT)

Going Out Guide 04/13
Photo contest. The Pasquotank Arts Council Gallery and The Daily Advance will sponsor the 2007 Photography Show & Competition opening May 6. The contest is open to photographers 18 and older. Two photos may be entered for $10. Prize money of $50, $100, $200 will be awarded to the winners. Call 338-6455 for rules and entry forms or email [email protected] (Fri, 13 Apr 2007 01:45:45 GMT)

Shares Up as Investors Ponder Retail Data
Stocks resumed their advance as investors looked past higher oil prices and a somewhat cloudy picture for retail sales. (Fri, 13 Apr 2007 02:41:56 GMT)

Community events planned
The Shippensburg area community events listed below are open to the public. Some may charge admission or require reservations in advance. (Fri, 13 Apr 2007 07:08:24 GMT)

Ulster schools need cash for special needs pupils
Ulster schools need more money to be able to cope successfully with children with special educational needs, it has been claimed. (Fri, 13 Apr 2007 08:45:51 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Fri, 13 Apr 2007 09:22:42 GMT)

MacArthur Foundation awards $14 million
(Crain's) -- The John D. and Catherine T. MacArthur Foundation has awarded $14 million in new grants, with most of the cash dedicated to small Chicago-area arts and culture groups. Small arts groups are "the incubator for all that's going to happen over the next five to 10 years" on Chicago's ... (Fri, 13 Apr 2007 12:00:40 GMT)

Body Found In Scottsdale Parking Lot
An employee of a payday loan store arrived at work to find the body of an apparent shooting victim in the parking lot, police say. (Fri, 13 Apr 2007 16:02:18 GMT)

Body found near Payday Loan store in Scottsdale
Police are trying to piece together what happened after a body was discovered in the wake of a shots-fired call this morning. It all started shortly before 6 a.m. when police received reports of gunfire in the area of Scottsdale and Thomas roads. (Fri, 13 Apr 2007 16:25:49 GMT)

Scottsdale homicide victim identified
Police are investigating the city's first homicide of 2007 after a co-worker early Friday discovered the body of a 26-year-old man laying behind a work truck and trailer in a parking lot between a payday loan business and an adult video store in south Scottsdale. (Fri, 13 Apr 2007 16:50:13 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Fri, 13 Apr 2007 21:20:43 GMT)

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Garr Winters and Jack Chang Meeting in Texas
LAS VEGAS, April 13 /PRNewswire-FirstCall/ -- Esprit Financial Group Inc. ( Nachrichten ) (ESPRIT) (formerly Cash Now Corporation - CHNW.PK) http://www.espritfinancialgroup.com/ advises that Esprit CEO Garr Winters and Jack Chang, head of the Company's Advanced Electronic Funds Management (AEFM) division will be meeting in Texas, beginning Monday, April 16th, 2007. (Fri, 13 Apr 2007 21:35:39 GMT)

Cattle Market Notes: Futures Gain No Traction From Beef Prices
Last week, cash fed cattle prices were surprisingly strong, with the 5-Area average steer price coming in at $99.97 – over $4 higher than the previous week. After last week’s impressive showing, cattle feeders were looking for higher bids this week. (Fri, 13 Apr 2007 23:17:36 GMT)

Efforts to regulate military payday lending draw flack
The battle to protect members of the U.S. military from financial fraud continues on several fronts. (Sat, 14 Apr 2007 01:39:19 GMT)

Finally, All Systems Are Go For Taste Of New Tampa
NEW TAMPA - Problems that threatened to force the Taste of New Tampa to an alternate site have been resolved, and advance discounted tickets for the May 6 fundraiser are available, the sponsor has announced. (Sat, 14 Apr 2007 01:52:28 GMT)

Everyday Ethics: A tough game-time decision
I organized a trip to a pro basketball game for 20 friends, purchasing tickets up front, then collecting the cash from each person. On game night, several did not show up, only some of whom alerted me in advance. I sold those tickets at face value at the arena. (Sat, 14 Apr 2007 02:49:23 GMT)

Community briefs
Ladies night out What: Ladies Night Out “Humor: A Survival Tool at Any Age” When: April 16, 6:30 p.m. Where: Double Springs Baptist Church, 1130 Double Springs Church Road, Shelby Speaker: Ruth Crowder McSwain Tickets: $10; must be purchased in advance by April 9 Contact: Debbie Bridges (704) 434-2258 ext. 0 or 17 (Sat, 14 Apr 2007 04:20:34 GMT)

Indian rupee hits 8-yr high on RBI stipulation; Sensex jumps
MUMBAI: India’s rupee rounded off six weeks of gains, the longest rally since November, to close at an eight-year high on speculation banks are selling dollars to raise cash before an increase in reserve requirements tomorrow. (Sat, 14 Apr 2007 05:44:12 GMT)

Elies seek elusive ideal internships—at any cost
For many Yalies, securing a perfect internship is only a matter of dishing out cash. (Sat, 14 Apr 2007 06:00:52 GMT)

Community events planned
The Shippensburg area community events listed below are open to the public. Some may charge admission or require reservations in advance. (Sat, 14 Apr 2007 06:24:16 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Sat, 14 Apr 2007 09:42:24 GMT)

Police seek help in identifying suspects
FLINT - Police are asking if anyone can identify suspects from a security camera video of a strong-arm robbery Tuesday afternoon at a cash advance office on Flint's east side. (Sat, 14 Apr 2007 13:06:03 GMT)

4 radio firms settle FCC payola probe
Federal regulators Friday announced an unprecedented settlement with four radio broadcast companies under investigation for accepting cash and merchandise from record companies in exchange for airplay. The four broadcasters will pay a $12.5 million fine and agree that their 1,653 stations will not engage in "payola" practices, according to a consent decree with the Federal Communications ... (Sat, 14 Apr 2007 13:25:08 GMT)

Google buys DoubleClick
$3.1 billion in cash (Sat, 14 Apr 2007 15:23:58 GMT)

Stormwatch: FEMA tips on flood preparedness
The U.S. Department of Homeland Security's Federal Emergency Management Agency is urging residents to prepare for possible flooding in advance of the nor'easter expected to begin tonight. (Sat, 14 Apr 2007 19:28:49 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Sat, 14 Apr 2007 21:21:22 GMT)

LOCAL SPORTS CALENDAR
Items for the Local Sports Calendar should be submitted at least two weeks in advance via FAX to 910-353-7316; by e-mail to [email protected]; or by mail c/o sports, 724 Bell Fork Road, Jacksonville, N.C. 28541. NO PHONE CALLS will be accepted for calendar items. (Sat, 14 Apr 2007 23:56:54 GMT)

Going Out Guide 04/15
Photo contest. The Pasquotank Arts Council Gallery and The Daily Advance will sponsor the 2007 Photography Show & Competition opening May 6. The contest is open to photographers 18 and older. Two photos may be entered for $10. Prize money of $50, $100, $200 will be awarded to the winners. Call 338-6455 for rules and entry forms or email [email protected] (Sun, 15 Apr 2007 00:15:28 GMT)

Chicagoans, keep tight grip on wallets
LANDING AN OLYMPICS used to be a whole lot easier. All it took was knowing who to bribe, finding out whether they wanted cash or Cristal, and being able to count to the magic number of votes needed. (Sun, 15 Apr 2007 05:07:29 GMT)

To remain pals, you may want to offer refunds
I organized a trip to a pro basketball game for 20 friends, purchasing tickets up front, then collecting the cash from each person. On game night, several did not show up, only some of whom alerted me in advance. I sold those tickets at face value at the arena. Who should get that money? (Sun, 15 Apr 2007 05:54:21 GMT)

Community events planned
The Shippensburg area community events listed below are open to the public. Some may charge admission or require reservations in advance. (Sun, 15 Apr 2007 06:09:47 GMT)

Chicagoans, beware Olympics
Landing an Olympics used to be a whole lot easier. All it took was knowing who to bribe, finding out whether they wanted cash or Cristal, and being able to count to the magic number of votes needed. (Sun, 15 Apr 2007 06:27:57 GMT)

Some payday lenders are flouting Florida's reform law
The 2001 state law that reformed the payday-lending business in Florida is being ignored by some of the companies it was designed to regulate. (Sun, 15 Apr 2007 07:17:58 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Sun, 15 Apr 2007 07:20:17 GMT)

CHICAGOANS SHOULD KEEP TIGHT GRIP ON THEIR WALLETS
Landing an Olympics used to be a whole lot easier. All it took was knowing who to bribe, finding out whether they wanted cash or Cristal, and being able to count to the magic number of votes needed. Worked well for Salt Lake City, and Atlanta officials weren't above handing out a few trinkets to the right people, either. (Sun, 15 Apr 2007 08:15:55 GMT)

Quieter trains would cost Manteca $1.6M
The Folsom Prison inmate that Johnny Cash sang about in his 1951 No. 1 hit may hang his “head and cry” when he hears “that whistle blowin’”. More than a few Manteca residents, however, find it irritating enough they can scream. (Sun, 15 Apr 2007 08:41:05 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Sun, 15 Apr 2007 08:44:02 GMT)

COMMENTARY: Chicagoans should be advised to keep a tight grip on their wallets
Landing an Olympics used to be a whole lot easier. All it took was knowing who to bribe, finding out whether they wanted cash or Cristal, and being able to count to the magic number of votes needed. (Mon, 16 Apr 2007 03:21:34 GMT)

Dreman, Leuthold, Hodges Favor Biggest Stocks as Profits Slump
April 16 (Bloomberg) -- Some of the best-performing U.S. fund managers are putting their money on the largest stocks, anticipating the worst quarterly profit reports in five years. (Mon, 16 Apr 2007 03:24:23 GMT)

Community Meetings
Submit your organization's meeting for immediate publication online at savannahnow.com/do/add_event or e-mail your meeting at least two weeks in advance to [email protected] or fax to 525-0796. Contact number must be listed. Community Meetings is printed Monday-Wednesday in the Accent section as space allows. For information, call 652-0310. To see more upcoming community meetings, go to ... (Mon, 16 Apr 2007 05:10:11 GMT)

MetroCard switch appears to be going smoothly
Less than two weeks after MetroCard made its debut on Westchester's buses on April 1, the electronic fare collection system had surpassed cash as the preferred way to pay for a Bee-Line ride. (Mon, 16 Apr 2007 06:37:14 GMT)

Community events planned
The Shippensburg area community events listed below are open to the public. Some may charge admission or require reservations in advance. (Mon, 16 Apr 2007 06:50:15 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Mon, 16 Apr 2007 06:50:16 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Mon, 16 Apr 2007 07:42:48 GMT)

Area district track and field results
DENTON — Final results from the District 5-4A track meet held at the University of North Texas. Top three finishers advance to regionals, which will be held in San Angelo April 27-28: Boys (Mon, 16 Apr 2007 07:50:39 GMT)

Sarasota Film Festival judges report no perks
No lavish gifts, bottles of whiskey or cold, hard cash have yet to materialize in front of film festival jurors. (Mon, 16 Apr 2007 09:04:46 GMT)

Sallie Mae Shares May Advance on Report of $25 Billion Buyout
April 16 (Bloomberg) -- Shares of SLM Corp., the U.S. student-loan provider known as Sallie Mae, may advance after the Wall Street Journal said the company accepted a $25 billion takeover bid from two private-equity funds, along with Bank of America Corp. and JPMorgan Chase & Co. (Mon, 16 Apr 2007 09:09:13 GMT)

Dollar halts advance on Japanese selling
The Australian dollar has stopped its advance against its US counterpart after some Japanese investors dumped the currency, betting it was near its yearly peak. (Mon, 16 Apr 2007 10:31:09 GMT)

The inconvenient Serbs
When the outcome of a tragedy is known in advance, it finds ways of occurring earlier than expected. In this case, the fate of 100,000 Serbian Christians who remain in Kosovo may pre-empt the debate over Europe's eventual absorption into the Muslim world. (Mon, 16 Apr 2007 11:06:07 GMT)

Chicago’s bid could end costly
Landing an Olympics used to be a whole lot easier. All it took was knowing who to bribe, finding out whether they wanted cash or Cristal, and being able to count to the magic number of votes needed. (Mon, 16 Apr 2007 11:11:33 GMT)

Stocks Poised For Higher Open On Earnings, M&A Activity
(RTTNews) - Stocks looked poised for an advance at the start of Monday's trading. Strong earnings results from a number of large companies, including Dow component Citigroup, helped bolster the market. Deal-making activity also gave a boost to Wall Street. (Mon, 16 Apr 2007 13:02:11 GMT)

Canada Stocks Rise on Commodities, Mergers; BCE, Algoma Advance
April 16 (Bloomberg) -- Canadian stocks rose for a third day, led by BCE Inc., which advanced on a report that its biggest investor has the support of more than third of BCE shareholders for a takeover at C$40 ($35.34) a share. (Mon, 16 Apr 2007 14:09:51 GMT)

Nigeria: Age Has Nothing to Do With It -Tribute to Dangote
BY the time you are reading this, we would have gone to the polls country-wide yesterday. Because the column is written in advance, we cannot capture the atmosphere, nor hint at trends. Not being clairvoyant, we cannot predict what will happen. Our prayer is that this should be a good dawn. (Mon, 16 Apr 2007 16:07:25 GMT)

Two Ways to Play Financials
I'm no market timer, but if you don't own enough financial services, this may be a good time to jump in. (Mon, 16 Apr 2007 16:19:35 GMT)

Lapindo rejects mudflow victims` demand for cash & carry compensation
PT Minarak Lapindo Jaya has rejected Lapindo mudflow victims` demand for prompt 100 percent compensation payments on property they lost in the disaster in Sidoarjo, East Java. The victims made the demand in a demonstration here Monday. (Mon, 16 Apr 2007 16:38:49 GMT)

Alltel reports top executive compensation
LITTLE ROCK Alltel Corporation reports the 2006 compensation for its top executives in a proxy statement released in advance of the company's annual stockholders meeting May... (Tue, 17 Apr 2007 00:47:59 GMT)

Going Out Guide 04/17
Photo contest. The Pasquotank Arts Council Gallery and The Daily Advance will sponsor the 2007 Photography Show & Competition. The contest is open to photographers 18 and older. Two photos may be entered for $10. Prize money of $50, $100, $200 will be awarded to the winners. Call 338-6455 for rules and entry forms or email [email protected] (Tue, 17 Apr 2007 03:00:27 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Tue, 17 Apr 2007 06:20:16 GMT)

Xstrata gets Canadian approval for LionOre offer
London-listed miner Xstrata said on Tuesday it had received an Advance Ruling Certificate from the Canadian Competition Bureau in respect of its cash offer for LionOre Mining International . (Tue, 17 Apr 2007 06:25:00 GMT)

Xstrata gets Canadian approval for LionOre offer
London-listed miner Xstrata said on Tuesday it had received an Advance Ruling Certificate from the Canadian Competition Bureau in respect of its cash offer for LionOre Mining International . (Tue, 17 Apr 2007 06:25:03 GMT)

Xstrata Receives Canadian Competition Bureau Approval for LionOre Offer
Xstrata plc(Zurich: XTA.S) announces that it has received an Advance Ruling Certificate from the Canadian Competition Bureau in respect of its all-cash offer to the shareholders of LionOre Mining International Ltd.(ASX: LIM)(LSE: LOR)(BSE: LIONORE). (Tue, 17 Apr 2007 06:30:00 GMT)

Yonkers mayor unveils $856.3 million proposed budget that includes 5 percent tax hike
YONKERS - Mayor Phil Amicone yesterday unveiled a $856.3 million proposed 2007-08 budget that includes a 5 percent property tax increase, funds to hire more police officers and firefighters, and a one-time $19.1 million infusion of cash from advance payments on the planned Ridge Hill Village development. (Tue, 17 Apr 2007 06:33:39 GMT)

Australian Shares Fall From Record, Led by BHP; Banks Advance
April 17 (Bloomberg) -- Australian stocks fell, retreating from a record high, as some investors judged recent gains excessive. BHP Billiton Ltd. led declines. (Tue, 17 Apr 2007 06:38:44 GMT)

Xstrata gets Canadian approval for LionOre offer
LONDON (Reuters) - London-listed miner Xstrata Plc said on Tuesday it had received an Advance Ruling Certificate from the Canadian Competition Bureau in respect of its cash offer for LionOre Mining International Ltd . (Tue, 17 Apr 2007 06:46:20 GMT)

Reuters Canada Business Summary
LONDON (Reuters) - London-listed miner Xstrata Plc said on Tuesday it had received an Advance Ruling Certificate from the Canadian Competition Bureau in respect of its cash offer for LionOre Mining International Ltd . "Xstrata is therefore free to proceed with its offer with no further anti-trust review in Canada," the company said in a statement. (Tue, 17 Apr 2007 07:46:13 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Tue, 17 Apr 2007 08:47:08 GMT)

Missing autistic boy found dead
TUSCALOOSA -- A 6-year-old autistic boy who was reported missing apparently drowned in the Black Warrior River. (Tue, 17 Apr 2007 09:06:30 GMT)

White House asked Sessions for 'friendly' questioning
WASHINGTON -- Bush administration officials knew they needed a friendly voice on Capitol Hill when Democrats started questioning the appointment of a former White House political aide as a U.S. attorney in Arkansas. (Tue, 17 Apr 2007 09:07:00 GMT)

RapidAdvance Appoints Joseph Looney as General Counsel
BETHESDA, Md.----RapidAdvance, a leading provider of merchant cash advance services, today announced that Joseph Looney has joined the company as General Counsel. In his new role, Joseph will lead all legal and compliance efforts for RapidAdvance. (Tue, 17 Apr 2007 13:00:00 GMT)

AdvanceMe Signs Preferred Provider Agreement With First Data
AdvanceMe, Inc., the nation's foremost provider of Merchant Cash Advances for small and mid-sized businesses, today announced the signing of a preferred provider agreement with First Data Merchant Services Corp., a subsidiary of First Data Corp.. First Data, along with its participating alliance of partners and independent sales organizations, will make AdvanceMe's Merchant Cash Advance product ... (Tue, 17 Apr 2007 13:00:00 GMT)

US Cash Grain Review: Inventories Dip In Volatile Market
CENTRAL CITY, Neb. (Dow Jones)--Commercial inventories of U.S. cash grain dipped slightly during the past week, leaving elevators, terminals, warehouses and ports surveyed by the U.S. Department of Agriculture filled to 47% of capacity, down from 48% last week. (Tue, 17 Apr 2007 19:47:56 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Tue, 17 Apr 2007 21:21:23 GMT)

Man robs loan business
Pensacola police officers are searching for a man who robbed a business over the weekend. (Wed, 18 Apr 2007 05:54:22 GMT)

Bills tackle predatory payday lenders
AUSTIN -- After being scammed by a remodeling contractor several months ago, Yolie Garcia, 30, needed money to help care for her three children and make mortgage payments. Because of her bad credit, she took out a $500 payday loan expecting to repay $640 dollars in two weeks. (Wed, 18 Apr 2007 06:35:02 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Wed, 18 Apr 2007 07:20:28 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Wed, 18 Apr 2007 09:02:41 GMT)

First Cash Reports 35% Increase in First Quarter Net Income and EPS
ARLINGTON, Texas, April 18, 2007 -- First Cash Financial Services, Inc. today announced record revenues, net income and earnings per share for the three months ended March 31, 2007. (Wed, 18 Apr 2007 11:00:00 GMT)

House Democrats advance own budget-balancing plan
LANSING — House Democrats on Tuesday began passing their own version of a budget-balancing plan for this fiscal year, including an estimated $275 million in cuts and accounting changes affecting several state programs. (Wed, 18 Apr 2007 11:58:22 GMT)

WMD Holdings Announces Acquisition of Payday Advance Plus, an Online Micro Loan Company
WMD Holdings Group Inc. today announced the acquisition of Payday Advance Plus Inc., an online payday advance company servicing 34 states across the country. The acquisition establishes a significant online distribution channel for WMD Holdings to provide short-term cash advances to its customers. (Wed, 18 Apr 2007 14:44:00 GMT)

Sallie Mae Execs' Handsome Payday
Fitzpatrick stands to make as much as $257 million in the company's sale; Lord could make even more. (Wed, 18 Apr 2007 14:54:37 GMT)

WMDH: Announces Acquisition of Payday Advance Plus, Inc.
WMD Holdings Group Inc. (WMDH) announced the acquisition of Payday Advance Plus Inc., an online payday advance company servicing 34 states across the country. (Wed, 18 Apr 2007 15:19:19 GMT)

Armed robbery suspect seen on security camera
FLINT - Flint police released a store security camera picture of one of a pair of suspects who robbed the Advance America Cash Advance office on Richfield Road on Friday morning. (Wed, 18 Apr 2007 15:35:20 GMT)

Tascona targets loan firms
Barrie-Simcoe-Bradford MPP Joe Tascona has tabled a private member’s bill that will place licensing requirements on payday loan companies. (Wed, 18 Apr 2007 18:20:27 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Wed, 18 Apr 2007 21:21:12 GMT)

YOUR MONEY
"I work in the payroll department of a large organisation, and I pay out millions of dollars each month to different loan companies. I know that some of these lending agencies charge exorbitant interest rates. (Thu, 19 Apr 2007 01:37:41 GMT)

Tables available for Trash to Treasure sale
Are you ready to turn your trash into cash? (Thu, 19 Apr 2007 05:36:55 GMT)

YOUR MONEY
"I work in the payroll department of a large organisation, and I pay out millions of dollars each month to different loan companies. I know that some of these lending agencies charge exorbitant interest rates. (Thu, 19 Apr 2007 05:55:12 GMT)

Community events planned
The Shippensburg area community events listed below are open to the public. Some may charge admission or require reservations in advance. (Thu, 19 Apr 2007 06:20:22 GMT)

Regulators won't push 'payday' bills
State regulators are willing to discuss with legislators the activities of payday lenders but are not planning to push any specific bills. (Thu, 19 Apr 2007 06:28:53 GMT)

Tascona targets loan firms
Barrie-Simcoe-Bradford MPP Joe Tascona has tabled a private member’s bill that will place licensing requirements on payday loan companies. (Thu, 19 Apr 2007 06:35:46 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Thu, 19 Apr 2007 07:05:17 GMT)

'Shark' pal, Knox aide square off
Police were called to the NAACP mayoral forum Tuesday night after a sidewalk confrontation involving a Tom Knox campaign volunteer with a criminal past and the anti-Knox heckling partner of "Tommy the Loan Shark." (Thu, 19 Apr 2007 07:39:09 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Thu, 19 Apr 2007 08:33:35 GMT)

UnitedHealth Group Reports First Quarter Results
MINNEAPOLIS----UnitedHealth Group achieved strong results in the first quarter of 2007, including favorable operating margins and continued strong cash flows. Business developments and initiatives since year-end -- including a broadened and extended relationship with AARP, the pending acquisition of Sierra Health Services, and advancements in its banking and technology platforms -- position the ... (Thu, 19 Apr 2007 10:00:00 GMT)

Philadelphia Man Guilty Of Casino Credit-card Scam
A Philadelphia man pleaded guilty in federal court Wednesday to obtaining $1.8 million in fraudulent credit card cash advances for customers at Foxwoods Resort Casino ... (Thu, 19 Apr 2007 10:13:13 GMT)

WMD Holdings Group Announces Strong First Quarter Results on Heels of Online Micro Lender Acquisition
WMD Holdings Group Inc. announced today the release of results for the first quarter ended March 31, 2007 on the heels of its recent acquisition of online micro loan company, Payday Advance Plus. (Thu, 19 Apr 2007 12:00:00 GMT)

NEOPHARM, Inc. Announces Strategic Reassessment and Reorganization
WAUKEGAN, Ill.----NEOPHARM, Inc. announced today its near-term reorganization strategy to best position the Company for success while reducing its current cash consumption. These changes will allow NEOPHARM to focus on evaluating our current portfolio and move appropriate projects forward. (Thu, 19 Apr 2007 12:00:00 GMT)

Area district track and field results
DENTON — Final results from the District 5-4A track meet held at the University of North Texas. Top three finishers advance to regionals, which will be held in San Angelo April 27-28: Boys (Thu, 19 Apr 2007 15:48:32 GMT)

BC Payday Loan Association calls for independent study on industry rates; says restrictive caps will limit consumer ...
The British Columbia Payday Loan Association today applauded the provincial government for consumer protection legislation introduced yesterday that will clamp down on unethical business practices by some payday lenders. (Thu, 19 Apr 2007 16:18:00 GMT)

Foolish Forecast: Cash America's Online Cash Payday
Views you can use to get clues on tomorrow's news. (Thu, 19 Apr 2007 17:28:22 GMT)

Rentcash supports Banking Committee passage of Bill C-26, the payday loan act
The Senate Committee on Banking, Trade and Commerce yesterday completed second reading of Bill C-26, The Payday Loan Act and referred it to the full Senate where it is expected to receive third reading soon. (Thu, 19 Apr 2007 18:35:00 GMT)

House GOP member wants to wipe our Pay Day lenders
PHOENIX - Convinced the industry can't be properly regulated, a veteran state legislator is launching an initiative drive to wipe out payday lenders. (Thu, 19 Apr 2007 20:50:53 GMT)

N.Z. Dollar Gains on Carry-Trade Demand, May Halt Advance
April 20 (Bloomberg) -- The New Zealand dollar rose as some investors were drawn to the nation whose benchmark interest rate is among the highest for an AAA rated country. The currency may halt its advance on concern rates will rise in Japan and China. (Thu, 19 Apr 2007 22:25:56 GMT)

N.Z. Dollar Gains on Carry-Trade Demand, May Halt Advance
April 20 (Bloomberg) -- The New Zealand dollar rose as some investors were drawn to the nation whose benchmark interest rate is among the highest for an AAA rated country. The currency may halt its advance on concern rates will rise in Japan and China. (Thu, 19 Apr 2007 22:42:07 GMT)

New Zealand's Dollar Gains on Stronger Yields, May Halt Advance
April 20 (Bloomberg) -- The New Zealand dollar rose as overseas investors were drawn to the higher yields on the nation's assets. (Fri, 20 Apr 2007 03:38:44 GMT)

Giuliani: Nation learned from Okla. City
Rudy Giuliani told mourners gathered at the former site of the Alfred P. Murrah Federal Building on Thursday that the strength they showed after the bombing 12 years ago is an inspiration for survivors of Sept. 11 and the Virginia Tech shootings. (Fri, 20 Apr 2007 04:04:47 GMT)

Payday loan changes
The Sawbucks company may have to close one of its shops. The possible closure of one of the Klamath Falls payday loan company's three locations stems from proposed Oregon legislation that would cap interest rates at 36 percent per year for all consumer loans less than $50,000. (Fri, 20 Apr 2007 06:51:47 GMT)

U.K. Stocks Advance, Paced by Alliance Boots, BHP, Rio Tinto
April 20 (Bloomberg) -- U.K. stocks advanced, paced by Alliance Boots Plc. Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina raised their bid for the company, and the U.K.'s largest drugstore chain accepted it. (Fri, 20 Apr 2007 07:42:50 GMT)

U.K. Stocks Advance, Paced by Alliance Boots, BHP, Rio Tinto
April 20 (Bloomberg) -- U.K. stocks rose for the first time in four days, led by Alliance Boots Plc after Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina raised their bid for the pharmacy company. (Fri, 20 Apr 2007 08:42:53 GMT)

Without Legislation, Payday Lending Battle Shifts Back To Court
LITTLE ROCK -- With the Legislature's failure to further regulate payday lenders for the fourth consecutive session, the battle over the constitutionality of the industry's practices will shift back to the judicial branch this fall. (Fri, 20 Apr 2007 08:51:11 GMT)

London midmorning: Alliance Boots powers advance
LONDON (SHARECAST) - Alliance Boots buoyed London’s blue chips on the prospect of a bidding war, while merger news from Taylor Woodrow also cheered. Concern about the Chinese economy overheating eased Friday, after data out Thursday showed that first quarter GDP increased 11.1%. (Fri, 20 Apr 2007 09:38:29 GMT)

Alert over pyramid cash schemes
Trading standards officers in the west of England warn about pyramid cash schemes targeting women only. (Fri, 20 Apr 2007 09:50:51 GMT)

European Stocks Advance, Led by Alliance Boots, SAP, Nokia
April 20 (Bloomberg) -- European stocks advanced for the first time in three days after Alliance Boots Plc received a sweetened $21.3 billion takeover offer and SAP AG announced higher earnings. (Fri, 20 Apr 2007 10:26:57 GMT)

European Stocks Advance, Led by Alliance Boots, SAP, Nokia
April 20 (Bloomberg) -- European stocks advanced for the first time in three days after Alliance Boots Plc received a sweetened $21.3 billion takeover offer and SAP AG announced higher earnings. (Fri, 20 Apr 2007 10:56:57 GMT)

U.K. Stocks Advance, Paced by Alliance Boots, BHP, Vodafone
April 20 (Bloomberg) -- U.K. stocks rose for the first time in four days. Alliance Boots Plc led the gain after Guy Hands's Terra Firma Capital Partners Ltd. raised its bid for the U.K.'s largest drugstore chain. (Fri, 20 Apr 2007 11:57:47 GMT)

Cash-poor families drawn to payday loans
Families with little savings or no credit cards and are struggling to pay their bills are significantly more likely to have used payday loans than those with more financial options, according to Statistics Canada. (Fri, 20 Apr 2007 13:20:20 GMT)

Payday borrowers have few, if any, options, federal study finds
OTTAWA (CP) - A new study has found a small minority of Canadian families - fewer than three per cent, or about 353,300 - took out payday loans within the previous three years, but its findings indicate they are the ones least likely to afford the expensive borrowings. (Fri, 20 Apr 2007 13:29:00 GMT)

Payday borrowers have few options: federal study
Young, low-income families are twice as likely to use payday loans as the rest of the population, even though they are less likely to be able to afford the loans' high interest rates, finds a new Statistics Canada study. (Fri, 20 Apr 2007 14:48:55 GMT)

U.K. Stocks Advance, Led by Alliance Boots, Standard Chartered
April 20 (Bloomberg) -- U.K. stocks rose for the first time in four days. Alliance Boots Plc led the gain after Guy Hands's Terra Firma Capital Partners Ltd. raised its bid for the U.K.'s largest drugstore chain. (Fri, 20 Apr 2007 16:42:47 GMT)

Cash-poor families drawn to payday loans
Families who have been turned down for credit cards and have little savings are more likely to use payday loans than those with more financial options, a new study concludes. (Fri, 20 Apr 2007 16:54:26 GMT)

Ex-DMV employee gets 27 months for scam to sell bogus documents
A former state Department of Motor Vehicles employee in Oakland was sentenced to more than two years in prison today for her role in a scheme in which DMV workers accepted cash bribes for processing documents for illegal immigrants. Leneka Pendergrass,... (Fri, 20 Apr 2007 19:01:37 GMT)

CME Livestock Review: Cattle Lower On Cash, Before Report
CHICAGO Dow Jones)--The Chicago Mercantile Exchange live and feeder cattle futures closed lower Friday on cash prices that were below last week's levels, falling boxed-beef cutout values and nervousness before the U.S. Department of Agriculture's monthly cattle report on Friday at 3 p.m. EDT (1900 GMT). (Fri, 20 Apr 2007 19:17:35 GMT)

Study: Poor drawn to payday loans
Low-income Canadian families are twice as likely to use "payday loans" as those with more financing options, a government report said Friday. (Sat, 21 Apr 2007 02:35:07 GMT)

Study: Poor drawn to payday loans
Statistics Canada said families with $500 or less in the bank were 2.6 times more likely to have used payday loans than those with between $2,000 and $8,000 -- even though payday loans have high, often undisclosed fees and interest-rate charges of 335 percent to, in some cases, 650 percent, the report said. (Sat, 21 Apr 2007 02:37:20 GMT)

Study: Poor drawn to payday loans
Low-income Canadian families are twice as likely to use payday loans as those with more financing options, a government report said Friday.Statistics Canada said families with $500 or less in the bank were 2.6 times more likely to have used payday loans than those with between $2,000 and $8,000 -- even though payday loans have high, often undisclosed fees and interest-rate charges of 335 percent ... (Sat, 21 Apr 2007 03:03:42 GMT)

Sharks close out Nashville, advance to second round
NASHVILLE - The Sharks completed their repeat. For the second consecutive season, the Sharks advanced to the second round of the playoffs by eliminating the Nashville Predators in five games. (Sat, 21 Apr 2007 04:15:10 GMT)

Sharks close out Nashville, advance to second round
NASHVILLE - The Sharks completed their repeat. For the second consecutive season, the Sharks advanced to the second round of the playoffs by eliminating the Nashville Predators in five games. (Sat, 21 Apr 2007 04:15:20 GMT)

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