Archive for January, 2007

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Report Warns of Coming Crisis in Monitoring Global Change from Space
Planetary Society – Satellite System (NPOESS) was designed in the 1990′s. Technological difficulties and cost overruns have pushed its launch date to 2013. The NRC report recommends restoring to the satellite some instruments that were cut to save funds. Credit: NOAA

A wide-reaching reason to pay bills on time
Toledo Blade – Call your credit issuers directly and ask after the terms of your credit deal: How quickly do they report information, particularly late payments, to credit agencies? Does a missed-it-by-two-days late payment trigger any punitive rates – and contact

Wells Fargo, U.S. Bancorp report higher 4Q profits
San Diego Union-Tribune – Wells Fargo, U.S. Bancorp report higher 4Q profits Still, credit losses increased at both banks in the fourth quarter, suggesting that more borrowers were experiencing

UPDATE 3-IndyMac Bancorp tumbles on lowered profit estimate
Reuters – in mortgages, said on Tuesday fourth-quarter profit fell “substantially below” its own forecast, citing weakened credit The Pasadena, California-based parent of IndyMac Bank expects to report earnings of about 97 cents per share, 36 cents

Industry report
Detroit Free Press – still could undergo changes before a rollout that could begin as early as next month, the report said. The new design is similar to the “citi” logo with an arc that now appears on much of Citigroup’s consumer advertising, office buildings and credit

Report: People who charge health-care expenses getting in debt trouble
Kansas City Star – The Access Project Report: Borrowing to Stay Healthy Association of Independent Consumer Credit Counseling Agencies Heller School for Social Policy and Management Families using credit cards to pay for their health care are sinking in debt and

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Global credit quality weakens in Q4, Moodys says 
Investment Executive - Jan 17 1:47 PM
The general improvement in global credit quality seen in the first three quarters of 2006 slowed during the fourth quarter, as credit rating downgrades were roughly equal in number to upgrades, says Moodys Investors Service in a new report.Save

SC soldier gives his take on Iraq war, asks for public support 
WIS News 10 Columbia - Jan 19 2:39 PM
A report on the situation in Iraq came Friday from one of South Carolina’s bravest serving in the war zone right now. Colonel Charles Seastrunk is working to secure Iraq’s capital with the 108th Division of the Army Reserve. Col. Seastrunk talked with News 10 Friday morning via satellite.Save

Give First Nations more timber revenue, report says 
Prince George Citizen Online - Jan 18 12:09 AM
The B.C. government should share half of its $1 billion in annual forest revenues with First Nations and increase the timber in their hands, which will help create a viable economic base for native communities, concludes a report released Wednesday by the Canadian Centre for Policy Alternatives.Save

People In Low-, Middle-Income Households Using Credit Cards To Pay Medical Bills Drive Themselves Deeper Into Debt, … 
Medical News Today - Jan 19 5:08 AM
People who use credit cards to pay medical bills have greater credit card debt than those who do not, according to a study released on Tuesday by research organizations Demos and The Access Project, the Kansas City Star reports. [click link for full article]Save

Report: U.S. Oil Demand Drops Again 
WGAL 8 Susquehanna Valley - Jan 19 1:20 PM
A trade group says oil demand in the U.S. has dropped for a second straight year.Save

Telecom Italia May Get Sistema Offer, Credit-Default Swaps Rise 
Bloomberg.com - Jan 19 8:54 AM
Jan. 19 (Bloomberg) — Telecom Italia SpA credit-default swaps rose on concern a possible purchase of shares by AFK Sistema might shift future control of the company to Russia.Save

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India Is Nowhere Close to Curbing Credit Binge: Andy Mukherjee
Bloomberg – First Global Securities Ltd. said in a report last week that the credit officers of a large, non-state bank in India — the researchers didn’t name the lender — are under pressure to throw money at any loan applicant who walks in the door.

JPMorgan Chase 4Q Profit Soars 68 Pct.
Newsday – trust business, but signs of worsening credit quality worried investors. The New York-based bank, the nation’s third largest, on Wednesday was the latest financial institution to report solid 2006 profit growth while warning of deteriorating credit

Report Warns of Coming Crisis in Monitoring Global Change from Space
Planetary Society – Satellite System (NPOESS) was designed in the 1990′s. Technological difficulties and cost overruns have pushed its launch date to 2013. The NRC report recommends restoring to the satellite some instruments that were cut to save funds. Credit: NOAA

1. Don’t buy if you can’t stay put.
CNN Money – Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix

Boat Rescuers Report Success Herding Dolphins in L.I. Waters
New York Times – Boat Rescuers Report Success Herding Dolphins in L.I. Waters A lot of credit is due to the skillful boat operators. When dealing with a mass stranding, the decision to corral and drive

High court questions credit-report notices
Philadelphia Inquirer – WASHINGTON – Several Supreme Court justices seemed taken aback yesterday at the idea that insurance companies might be required to notify tens of millions of customers that they aren’t getting the best rates because of their credit reports. In making

Credit cards drive up debts for small businesses
Billings Gazette – MIAMI – Credit card debt is not just a concern for consumers. According to a recent report by the Small Business Administration, plastic is one of the main reasons the number of small businesses carrying debt increased 25 percent from June 2004 to

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Some not paying fair share in taxes
Bismarck Tribune – If you are referring to our pickup, which we use for business, of course we pay full sales taxes on repair parts, etc. Also on the car although it, too, is used for business, like Joe Six-Pack. I do not know why you think that we would not have to

Forget RRSPs: Home is where the wealth is
Globe and Mail – of dollars in the coming weeks to foster a sense of deep financial insecurity among the public (as if the Christmas credit You must spend time and money to keep your house in shape (and anyone who has seen me attempt a home repair knows the stock

Business generally slows to a crawl
San Antonio Express News – The San Antonio Federal Credit Union closed on a regular business day for the first time in more than 20 years, said The company, however, did dispatch plenty of repair crews to handle service outages. Refiners Valero Energy Corp. and

Monro Muffler Brake, Inc. Announces Record Third Quarter Results
MSN MoneyCentral – Y., Jan. 16 /PRNewswire-FirstCall/ — Monro Muffler Brake, Inc. MNRO a leading provider of automotive undercar repair and Additionally, the Company extended its existing credit facility for 18 months, from July 2010 to January 2012, and increased

Online Press Release
PRWeb – All five varieties represent types that could be put on a credit card, and where most merchants do accept cards. Each Now you can arrive at your destination looking great with the new Air Repair Kit, designed from the ground up to help prevent

Barbour’s State of the State Speech
NE Mississippi Daily Journal – It is a great credit to the local superintendents, principals, teachers and staff that every public school in Mississippi was Separate and above this CDBG money, MDOT has received $1.1 billion in federal funds to repair and rebuild state and federal

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Feds offer tax credit to get children off the couch and into the gym
The Province – chair of pediatric surgery at the Children s Hospital of Western Ontario, Michael Weil, head of YMCA Canada and David Bassett, a co-chair of Sports Break, an organization that promotes a tax credit for organized youth sports. While their report was

Q.E.P. falls out of credit compliance
South Florida Business Journal – before it was in violation of a financial covenant in its credit facility. The Boca Raton-based specialty tools and flooring related products maker, marketer and distributor said it found out about the problems while preparing its quarterly report

1. Don’t buy if you can’t stay put.
CNN Money – Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix

Peter Boutell, Lending a Hand: How to increase a home buyer’s chance
Santa Cruz Sentinel – Documentation and employment are not required on some loan programs. Review your credit report for accuracy. While anybody can obtain their own credit report, it is of little use unless you have a knowledgeable person explain the terms, symbols and

Paper: Pentagon Gets Citizen Credit Data
ABC News – Pentagon and to a lesser extent the CIA have been using a little-known power to look at the banking and credit records of hundreds of Americans and others suspected of terrorism or espionage within the United States, according to a published report.

SPECIAL REPORT
BusinessWeek – SPECIAL REPORT Outsmarting The Market Behind Barclay’s quest to build a world-class team of academic quants that systematically LTCM imploded in 1998 under losses of $4.6 billion after the Russian government defaulted on a bond issue, disrupting credit

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Economists split over whether Japan will raise rates
Herald Tribune – Nonetheless, investors see a 76 percent chance the Bank of Japan will raise rates this week, up from 66 percent on Jan. 12, according to a Credit Suisse Group report based on contracts for the exchange of interest payments. Japan’s top government

Rural areas fall prey to loan sharks
EDP 24 – Closure of post offices and bank branches has left rural communities vulnerable to money loan sharks, a report by Suffolk County Council into credit card debt has revealed. The loss of choice and limited access to mainstream financial services in

Wall Street Awaits Intel, Citi Earnings
Hampton Roads Daily Press – Release of the report precedes the central bank’s first meeting of the year at the end of the month. Also due is the Labor Department’s December Producer Price Index, a measure of inflation at the wholesale level. The Fed is also expected to release

SPECIAL REPORT FOLLOW-UP
San Jose Mercury News – Michelle Sandoval knew her family’s story had drawn a reaction. The credit union had told her about the checks that had begun flowing into a trust account set up for her husband, Frank. But Michelle said she didn’t really understand how last month’s

Retirees increasingly spend their golden years in the red
Dallas Morning News – have generally held less credit card debt than younger consumers, but their generation is catching up,” said Deanne Loonin, the principal author of the report by the Boston-based consumer advocacy group. The study quantifies a trend that credit

California Bad Credit Mortgage Loans – 3 Things To Avoid When Applying
Best Syndication – To do so, it helps to obtain a copy of your personal report online, which does not count as a credit inquiry. Once the lenders remit a quote, compare the different offers and choose the loan with the best rates and terms. Next, complete a mortgage

1. Don’t buy if you can’t stay put.
CNN Money – Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix

Handwritten Beatles lyrics to be auctioned
MSNBC – wrote in apparent frustration over the troubled atmosphere in the recording studio. It reads, The band leader said he ain t playin no more. Other celebrity items up for auction include a book report written by Britney Spears and a credit

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Sino-Forest Bond Yields, Debt Protection Soars on Buyout Threat
Bloomberg – the potential leveraged buyout, which brings about rating downgrade risk,” said Warut Promboon, a Singapore-based credit Treasuries Head for Weekly Decline as Report May Show Higher Retail Sales Brazil, Chile, Mexico, Peru and Venezuela

China’s top thinktank warns of property bubble as house prices soar
People’s Daily Online – The report suggested the government restrain credit until the sizzling real estate sector cools down. The average housing price of newly-built apartments in China’s 70 major cities rose 5.8 percent year-on-year in November last year. Housing prices

Credit union embezzler sentenced
Times Reporter – SE, New Philadelphia, will serve 13 months in federal prison for embezzling about $100,000 from the Eastern Credit Union Inc According to documents filed Thursday, the Bureau of Prisons will notify Smith-Wisnieski when and where to report to serve

Health insurance subsidies appealing to businesses
Independent Record – Morrison said the report gathered data just as the new tax-credit/subsidy program was beginning, and didn t include the bulk of the 565 businesses that have since bought insurance for their workers. The program, known as Insure Montana, is for

How to be prepared when buying a car
Detroit Free Press – A buyer can put forth paramount effort to try to outsmart a car salesperson, but things don’t always go as planned. Being armed with Internet price quotes for the vehicle you want, your credit report and 65 pages of advice from www.carbuyingtips.com

Sheriff’s Report
Pahrump Valley Times – Jan. 12, 2007 Sheriff’s Report Rick Johnson, 19, was booked Jan. 4 charged with using ID of another, grand larceny, possession of ATM/credit card. Bail was

Vodafone’s Indian bid may hit credit rating: reports
New Kerala – London, Jan 11: British telecom giant Vodafone could face a downgrade in its credit rating by Standard and Poor’s if its proposed bid for Hutchison Essar Ltd exceeds 19 billion dollars, a media report said here. Vodafone CEO Arun Sarin could trigger

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OUR VIEW: GOP pushes green energy
South Coast Today – alternative fuels, gives incentives for constructing energy-efficient buildings, and creates a revenue source to help repair exempt consumers from the sales and excise taxes, and provide each person who buys a hybrid with a $2,000 income tax credit

Business Standard Columnists
Business Standard – Redington proposes to utilise funds to establish four automated distribution centres (ADCs) and 68 service and repair centres in 2005, Redington plans to leverage its core competencies such as logistics, inventory management, order fulfilment, credit

Questions remain after Reeves explanations
Town Online – You guys have trashed my reputation beyond repair. [Timeline: See a timeline of Reeves' travels.] [Read the Chronicle’s view I m the only one who uses the credit card, and I would be the only one present at all the meals, said Reeves in defense

Plymouth & South West Co-operative Society Selects Trintech’s ReconNET
Accounting Software 411 – The Society will use ReconNET to automate the verification and reconciliation of its cash, cheque payments, and credit cards home furnishing stores, Derrys department store, funeral and monument services, TV and other electrical equipment repair and

What is and what is not the Blue Stream Project
Turkish Daily News – The sea depth was 1,500 meters with a length of 100 kilometers. The main problem is maintenance and repair than pipe by Russia and the rest ($339 million), for the Samsun-Ankara line will be funded by Turkey, $1.13 billion of the credit from

More hardware’ for Saline County hot shots: Salt Scrolls – Part II
Benton Courier – Beware of auto repair-Part II Part I of the second annual Salt Scrolls Ron Meyer’s editorial cartoon Ron Meyer’s editorial on performance, your language told us your educational index and if we could get some ID, we’d zip you through credit to see

Water Transport 1991-2000
Kommersant – It included 19 companies of different profiles, including 9 ports and 5 shipbuilding and repair factories. The same month Having offered a maximum credit of $22.65 million, the shipping line easily defeated the competition. Five years later, the

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GE Money Offers Service Contract Program for RV Industry
dBusinessNews.com – for lockouts, tire changes, jump starts, fluid delivery, towing and more. Replacement vehicle reimbursement during repair Sales Finance, based in Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance, and provides private label credit

Adult Stem Cells Spur Market Rush, Avoid Embryo Ban (Update1)
Bloomberg – Adult stem cells, hidden in tiny numbers inside developed organs, grow into specific cell types only when the body needs them to replace or help repair a body part. As a result, some stem cell experts say the adult cells are unlikely to provide

What is and what is not the Blue Stream Project
Turkish Daily News – The sea depth was 1,500 meters with a length of 100 kilometers. The main problem is maintenance and repair than pipe by Russia and the rest ($339 million), for the Samsun-Ankara line will be funded by Turkey, $1.13 billion of the credit from

Louis Sandor | Worked on top-secret project
The State – Sandor, whose worked earned him the Exceptional Merit Award from the National Security Agency, shrugged off credit. After retiring from NCR, Sandor ran a repair shop for Radio Shack. Visitation will be from 10 to 11 a.m., prior to Saturday

Corzine sounds optimistic note
Atlantic City Press – In the property-tax context, if we pay off the state’s credit-card bills and reduce the size of our mortgage, we can restore Those efforts allowed us to invest significantly expanded resources in mass transit and in highway safety, repair, and

From The Archives
New Orleans Times-Picayune – Prices are expected to stabilize as more homes undergo repair and as new apartment complexes, taking advantage of low-income tax credits, are completed. Indeed, at the end of 2006, the extreme price differentials already were beginning to soften. For

Herron says he ll seek help for audit probe
Review – The audit looked at health district credit card purchases from Jan. 1, 1996 through Dec. 31, 2002, identifying improper health district board on a myriad of issues, including the filing of charges related to board orders for failure to repair

County records taken off-line
Observer-Dispatch – With your name, social security number and mothers maiden name, an identity thief can open a large VISA or Mastercard account, depending on YOUR credit. It will take years for you to repair the damage that can be done by one of these idiots. When

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Market report: Yesterday’s trading
This is Money – failed to provide a prop, falling 60 points in the early stages on worries that Friday’s better-than-expected jobs report Fashion retailer Next gained 21p to 1961p after Credit Suisse raised its target price to 23 from 20. Analyst Tony Shiret

Ex-spousal credit cards opened under your name should be fraud alerted
Sauk Valley Daily Gazette – Yes. Put a fraud victim alert on your credit bureau reports immediately. You also need to file a police report and, if possible, have her arrested. She has committed criminal fraud. You should also be talking directly with the fraud victim division

Divorce court typo hits paycheck
Daily News Journal – Anyone who hasn’t seen a copy of their credit report could take some advice from Eddie Taylor of Murfreesboro: Look at it. Taylor discovered last year his own credit report wasn’t what he thought it was after he learned that due to a typographical

NovaStar Hits New Low on Analyst Report
MSN MoneyCentral – report downgraded Novastar Financial to “Market Perform” from “Market Outperform.” He painted a bleak portrait of what the weak housing market means for Kansas City, Mo.-based Novastar Financial, which lends money to home buyers with bad credit.

A Title Search is the New Credit Report
Earthtimes – ATLANTA, Jan. 8 /PRNewswire/ — Consumer advocates have always recommended that credit reports be reviewed, to discover possible identity theft or fraud. Identity thieves and fraudsters are now turning to a more lucrative target; property records and

Caremark Says No to Express Scripts Deal
Baltimore Sun – Also weighing against the Express Scripts deal is its credit rating. When its buyout proposal was announced in December Sun Daily Business Report Business Editor Bernie Kohn discusses the day’s top headlines

BOND REPORT: U.S. Treasurys Close Lower As Jobs Data Continues To
Beurs.nl – BOND REPORT: U.S. Treasurys Close Lower As Jobs Data Continues To Weigh Dinsdag 09 Januari 2007 00:41 By Leslie 22:13 ECONOMIC REPORT: U.S. Consumer Credit (DJ) 22:11 UPDATE: Gap Won’t Comment On Report T (DJ) 22:09 Mexico’s Telmex, America Movil

Crude Oil Is Little Changed on Skepticism OPEC Will Comply With Output
Bloomberg – Informa, the commodity research company formerly known as Sparks Cos., also said in its December report that soybean planting will plunge 6.8 percent to 70.434 million acres and that cotton acreage will fall 8.1 percent to 13.74 million.

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