Archive for March, 2007

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Indexes rise as data reduces fears 
Reuters via Yahoo! News - Mar 30 7:24 AM
Stocks advanced on Friday after a report showing business activity in the U.S. Midwest expanded at a stronger-than-expected pace in March, easing worries about the economy.Save

Financial Stability Forum To Submit Hedge Fund Report To G7 
Nasdaq - Mar 29 11:01 AM
NEW YORK -(Dow Jones)- The Financial Stability Forum is preparing an update of its 2000 report on the hedge fund industry to submit to the Group of Seven leading industrial nations officials at their upcoming meeting in May, the group said Thursday.Save

Homestead: Stevenson Motorsport race report 
Motorsport.com - Mar 30 8:27 AM
Southern Florida’s Homestead — Miami International Speedway hosted the third round of the 2007 Grand American Rolex Sports Car Series presented by Crown Royal Reserves on Saturday, March 24th.Save

Raser Technologies Comments on Increase to Geothermal Tax Credit 
[Press Release] Business Wire via Yahoo! Finance - Mar 30 7:00 AM
PROVO, Utah—-Raser Technologies, Inc. announced today that the US Treasury and Internal Revenue Service released the 2006 Inflation Adjustment Factor as it relates to Section 45 of the Internal Revenue Code.Save

Buyer Beware 
CBS 6 Richmond - 1 hour, 37 minutes ago
BOSTON (AP) – The parent company of a number of nationwide retail chains is telling regulators that computer hackers have stolen customer information from tens of millions of credit and debit cards.Save

The Credit Center 
KFSM Ft. Smith-Fayetteville - Mar 30 2:47 AM
Order Your Credit Report Now! If you’re looking to buy a home or apply for a loan, or are simply worried about identity theft, this is the best time to order your credit report.Save

TIC Federal Credit Union Continues Identity Theft Resolution Program for Checking Account Members 
[Press Release] Business Wire via Yahoo! Finance - Mar 30 6:04 AM
COLUMBUS, GA.—-TIC Federal Credit Union, serving more than 45,000 members and chartered in 1956, offers an identity theft program that is available to all its checking account members, at no extra cost.Save

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Aussie up off lows vs USD on rate risk after data
Nine MSN – at 6.25 percent was unlikely to cause the Aussie too fall much, Commonwealth Bank’s Grace said. Financial markets priced in about a 92 percent chance of a quarter percentage point rise in rates over the next 12 months, said a Credit Suisse report

Market Report — In Play ()
MSN MoneyCentral – March 27, 2007 3:31 PM ET Market Report — In Play () Credit Suisse CTIA Wireless Forum; Credit Suisse Group Global Basics Conf; CTIA Wireless 2007; ETH , WOOF , PBH , MRCY , GPI at

Merrill to invest $1 bln in India expansion – report
Reuters India – Merrill planned to hire more investment bankers, debt and equity specialists and research analysts to meet increasing competition from rivals such as Goldman Sachs, Lehman Brothers and Credit Suisse, the report said. A Merrill spokeswoman declined to

Report: Some Unjustly Labeled Terrorists
Forbes – One California couple, Tom and Nanci Kubbany, were denied a loan to buy a home when his credit report came back with an alert saying his middle name, Hassan, was an alias for one of Saddam Hussein’s sons. In another case, a Sacramento man could only

45 Million Credit Cards Hit By Hackers
CBS News – Get organized keep a file with all your paperwork, including the names and numbers of everyone you contact. File as detailed a police report as possible. Send copies to creditors and other agencies that may require proof of the crime. In all

Vista man, at least 3 others, charged with ID theft
North County Times – FBI agent Darrell Foxworth said people should regularly check their credit card report at least once a year to make sure there is no fraudulent activity, and close credit cards with a zero balance. Foxworth said fraudulent activity is found to take an

Aid workers in Uganda report army raid killed children; army denies
Charleston Gazette – NAIROBI, Kenya (AP) — Ugandan army raids in the country’s troubled northeast killed up to 66 children who were shot or crushed by armored vehicles and stampeding animals, aid workers said Friday, citing witnesses. Children’s rights charity Save the

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MIDDAY BUSINESS REPORT: KCs economic growth lagging nations at midyear 
Kansas City Star - Mar 29 9:39 AM
With its heavy dependence on the challenged transportation and telecommunications industries, the Kansas City economy is trailing the nations.Save

FREEP INSIDER | POCKETBOOK: Readers knock credit-card practices 
Detroit Free Press - Mar 28 12:27 AM
Susan Tompor recently asked readers, “What credit card fee or practice do you think needs to be changed?” Here are some of the responses:Save

Gas Leak Prompts Beach-Town Evacuations 
NBC San Diego - Mar 29 11:53 AM
Some Mission Beach residents are ordered to evacuate after a report of a natural-gas leak.Save

TJX: 45.7 million cards compromised 
Richmond Times-Dispatch - Mar 29 7:40 PM
Virginians who have shopped at T.J. Maxx and Marshalls in the past five years are urged to check their bank or credit-card statements and credit reports for any suspicious activity.Save

Durable goods report sends stocks into slide 
Pittsburgh Post-Gazette - Mar 28 9:29 PM
Read this article ]Save

Credit Suisse the latest institution to take stake in Qantas 
AFP via Yahoo! News - Mar 27 11:34 PM
Credit Suisse on Wednesday became the third institutional investor in as many days to reveal it had taken a significant shareholding in Australian airline takeover target Qantas.Save

ATA frequent fliers can convert points with Southwest 
The Indianapolis Star - 2 minutes ago
INDIANAPOLIS — ATA and Southwest Airlines have taken their code-share agreement to a new level with a frequent-flier program that allows ATA customers to cash in their ATA Travel Awards points for Southwest Rapid Rewards credits. ATA members can redeem 7,250 points for one Southwest credit.Save

Stocks End Higher Despite Oil Price Gain 
San Francisco Chronicle - Mar 29 2:53 PM
Stocks ended higher in volatile trading Thursday as investors weighed fears about mounting tension in Iran against a report that indicated better-than-expected U.S. economic growth. The major indexes bounced around, and spent most of the session… Save

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delmarvanow.com Terms of Service 
The Daily Times - Mar 26 5:43 AM
The delmarvanow.com website (the “Site”) is owned and operated by Gannett Co., Inc. (“we” or “us”). By using this Site, you agree to be bound by these Terms of Service and to use the Site in accordance with these Terms of Service, our Privacy Policy , and any additional terms and conditions that may apply to specific sections of the Site or to products and services available through the Site. …Save

Mural work more than a drop in the paint bucket 
Rockford Register Star - Mar 28 12:05 AM
BELVIDERE This community’s been tabbed the City of Murals since the late 1990s, when hundreds of artists known as Letterheads and Walldogs created 10 colorful paintings on downtown buildings during a three-day festival.Save

Home defaults in state up 20%; U.S. rate higher 
NWAnews.com - Mar 27 6:42 AM
Arkansans have been hit with foreclosure notices at the rate of one for every 103 houses in the past 12 months, according to RealtyTrac of Irvine, Calif. (Arkansas Democrat-Gazette Northwest Edition)Save

Japan Stocks Drop, Led by Tokyo Electric on Management Concern 
Bloomberg.com - Mar 25 8:00 PM
March 26 (Bloomberg) — Japanese stocks dropped, led by power producers such as Tokyo Electric Power Co., on concern there may be more cases of mismanagement in the industry after the company disclosed last week details of an accident at a nuclear reactor in 1978.Save

More News 
Gazette.Net - Mar 28 11:13 PM
Nationally, the subprime foreclosure rate spiked .67 percent to 4.5 percent late last year, the largest jump since 2000, according to the Mortgage Bankers Association.Save

How did a surplus become a deficit? 
Inside Bay Area - Mar 27 5:51 AM
NOW that’s what I call sound fiscal management. Last year the city chalked up a $16 million surplus way to go. But this year it’s looking at a $13 million deficit.Save

In Bethlehem, Eaton Avenue waits less for green light 
The Morning Call - Mar 26 12:35 AM
Q: Last year Bethlehem reworked and enlarged the intersection of Eighth and Eaton avenues to accommodate the new Lowe’s store nearby. It appears they have set the stoplights to be green for an exceptionally long time for Eighth Avenue traffic. I have seen cars go through on red, which is both illegal and extremely dangerous. Additionally, vehicles heading north on Eighth Avenue, wishing to turn …Save

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Taxation Committee crunches tax reform bills 
The Times Record - Mar 27 11:23 AM
AUGUSTA The Taxation Committee is working on tax reform legislation that would broaden the sales tax to include more services in order to lower income and property taxes restructuring that has failed before but could pass this time, proponents say, because the process is starting early.Save

Don’t wipe out savings to wipe out debt 
Bankrate.com via Yahoo! Finance - Mar 23 3:00 AM
Sure, you could throw every available dollar at student loans and credit card debt. But leave enough for an emergency fund — and a bit of mad money for yourself, says the Debt Adviser.Save

PrivacyMatters.com Refreshes Leading Online Consumer Destination for Credit Reports, Credit Scores and Identity Theft … 
[Press Release] PR.com - Mar 26 6:11 AM
PrivacyMatters.com announces website re-launch with more educational features and top of the line products – Privacy Matters 1-2-3 and Privacy Matters Identity.Save

Repeated attacks on woman net year in jail 
The Maui News - Mar 25 1:19 PM
WAILUKU With the victim asking for a sentence that would keep her and her children safe, a judge ordered a one-year jail term for a Haiku man with a two-year history of abusing a former girlfriend.Save

Nearing the end of Demuth Park bike path? Be careful, it gets rough 
Desert Sun - Mar 26 4:08 AM
I haven’t fallen off a bicycle since college. But then again, I haven’t done a whole lot of riding since then, either. As I recall, my collegiate crashes were caused by such flashes of brilliance as riding with one hand while delivering balloons to a sorority house.Save

Be careful when buying or selling ‘as is’ home 
Bradenton Herald - Mar 25 12:16 AM
Whether you are a homebuyer or seller during the peak 2007 spring home sales season of April through June, you will probably encounter the term “as is” sale. Just as used-car dealers sell thousands of automobiles “as is” without any warranty or representations, houses and condominiums are sold using the same term.Save

COLLEGE BASEBALL: Louisiville and #8217;s Whiting leads nation in steals 
New Castle News - Mar 27 2:28 AM
University of Louisville baseball standout Brandon Whiting, a former star at Wilmington High, put his name in the record book on Sunday.Save

Bristol: Kurt Bush, Kahne, Francis wake up call 
Motorsport.com - Mar 23 4:18 PM
“It’s always fun to come back to Bristol and get into the heart of the season. For me Daytona and then the west coast trip with California and my hometown Las Vegas and now it starts to settle into the grind so to speak. This is where we all grew up, short track racing.Save

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Africa frenzy feeds China stock bubble
Asia Times – In exchange for reliable crude-oil supplies, China made a $3 billion credit line available to repair Angola’s war-ravaged infrastructure. Business media

Mott reaches national championship game
MLive.com – DANVILLE, Ill In the aftermath of Mott Community College s 84-68 win over Johnson County Community College in the quarterfinals of the NJCAA Division II tournament Thursday night, Bears head coach Steve Schmidt officially welcomed two of his

Rent Now, Sell Later
KPLC TV – The Credit Center Major expenses include the cost of a property-management company, unexpected repair bills and insurance. Before tenants move

Here comes the science
BBC News – To the team’s great surprise, they found the cosmetic cream also seemed to have an ability to repair damaged skin. now, designated cosmetic products actually have more effects on skin physiology and skin structure than we gave them credit

How do you safely buy and sell online?
Lowell Sun – If you buy something at an Internet store, use a credit card, not your debit card. * Don’t waste your time looking for Lowell resident Norm Morin is founder of NKC Systems (www.nkcsystems.com), which offers computer repair and consulting

No Credit? No Problem!
Blackenterprise.com – Well, before you dial that 1-800 credit repair number you saw on late-night TV, beware. “People should definitely avoid agencies that say they will rebuild your credit,” warns Jerrold Mundis, author of How to Get Out of Debt, Stay Out of Debt, and

THE LAST OF THE INDEPENDENTS
San Francisco Gate – and the store is sweetening the deal by offering free in-store concerts, a knowledgeable staff and generous trade-in credit buffs (“My customers are always in their 20s,” he says), the store also sells vintage turntables, offers weekly repair

Saving planetarium to cost $1.5 million
Asbury Park Press – 2006, after two years during which its aging equipment had become increasingly balky and difficult to keep in repair Bringing in more audiences and using the planetarium to provide student-paid credit hours will provide additional revenue

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Bristol: Mike Bliss race report 
Motorsport.com - Mar 26 12:33 PM
BRISTOL, Tenn. (March 25, 2007) — After a successful weekend at Atlanta Motor Speedway, momentum was on the side of Mike Bliss and the BAM Racing team.Save

Standard & Poor’s Announces the S&P/TSX Canadian Bond Index Rebalancing Report for March 2007 
[Press Release] CNW Group via Yahoo! Finance - Mar 26 2:17 PM
Standard & Poor’s has completed the monthly rebalancing of the S&P/TSX Canadian Bond Index. According to index methodology, the universe of Canadian bonds is exhaustively reviewed to reflect changes in par amount and term to existing index constituents.Save

Report: Platinum Equity to buy Trinsic 
Los Angeles Business - Mar 26 11:29 AM
Trinsic Inc. will sell its assets to Platinum Equity LLC in a deal valued at $25.5 million, according to a report in The Daily Deal.Save

3 suspects in real estate fraud released 
Oakland Tribune - 2 minutes ago
ANTIOCH Three real estate professionals suspected of using a client’s credit report to buy a $739,000 Brentwood home and pocket the $30,000 commission were released on bail Friday, the AlamedaSave

BOJ Is Watching Land Prices for Excess, Fukui Says (Update3) 
Bloomberg.com - Mar 26 10:28 PM
March 27 (Bloomberg) — Bank of Japan Governor Toshihiko Fukui said he’s closely monitoring land prices after a report showed real estate in some parts of Tokyo surged as much as 46 percent last year.Save

Developing Asia To Post Robust Growth In 2007-2008- ADB Says 
Nasdaq - 1 hour, 57 minutes ago
(RTTNews) – Asian economies will post robust growth in 2007, ADB said in its annual Asian Development outlook on Tuesday. A stronger domestic demand and a broadly favorable outlook for the international economy will drive growth in Asian economies at 7.6% in 2007 and 7.7% in 2008, the report said.Save

View The Latest Independent Quarterly And Annual Forecasts For The UK Consumer Credit Market To Plan Your Future … 
[Press Release] Business Wire via Yahoo! Finance - 24 minutes ago
DUBLIN, Ireland—-Research and Markets has announced the addition of “UK Consumer Credit Market Outlook: Q3 2006″ to their offeringSave

If you gambled and won, don’t forget to give Uncle Sam his cut in taxes 
USA Today - Mar 26 11:29 PM
Gambling winnings are taxable at your ordinary income tax rate. Yet nearly 60% of taxpayers said they would “not be very likely” to report their NCAA tournament winnings to the IRS, according to a new survey by H&R Block.Save

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Two times a soldier – Sixty years later, World War still haunts Ira
Lancaster News – I give a lot of credit to my wife,” Williams said. “She was a wonderful wife and she raised four wonderful children. “I’m We would take the tanks that needed the least repair and have them ready to run and shoot the following morning.” In his book

How to Show That You re No Gordon Gekko
New York Times – So to help the private equity kings repair their reputation (and they are clearly obsessed with their image witness the the environmental groups before doing the deal and even brought them into the process so that they could claim some credit

Credit control problems? Here’s help
Cleveland Plain Dealer – How can a person rein in credit spending and re-establish a good credit history? Books may offer some insights and tips. Here are a few: “The Credit Repair Answer Book,” by Gudrun Maria Nickel; Sphinx Press ($14.95) Deals with credit agencies, credit

Tennessean.com Terms of Service
Nashville Tennessean – You assume the entire cost of and responsibility for any damage to, and all necessary maintenance, repair or correction of to that merchant’s online store or site, and the information that you give as part of the transaction, such as your credit

Online Press Release
PRWeb – Vitabase.com Launches New Website for Revitacil, a New Formula for Wrinkle Reduction and Stretch Mark Repair Revitacil.com to Florida Credit Union League Endorses Full Range of Floyd & Associates Products & Services – Credit Unions Offered Turnkey

No Credit? No Problem!
Blackenterprise.com – Well, before you dial that 1-800 credit repair number you saw on late-night TV, beware. “People should definitely avoid agencies that say they will rebuild your credit,” warns Jerrold Mundis, author of How to Get Out of Debt, Stay Out of Debt, and

DOWNTOWN UPTURN
New Orleans Times-Picayune – The unusual initiative — maybe unique in the recovering city — is part of an aggressive, multipronged effort by the Jewish Federation of Greater New Orleans to repair and perhaps even expand the Jewish community beyond its pre-Katrina numbers. The

Video bill on fast track
Wisconsin State Journal – Wisconsin residents would lose their rights to cable television repairs within 72 hours, credit for service interruptions and He said it took him three weeks last December to get Charter to repair his television reception. He said he didn’t know about

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PrivacyMatters.com Refreshes Leading Online Consumer Destination for Credit Reports, Credit Scores and Identity Theft … 
[Press Release] PR.com - Mar 26 6:11 AM
PrivacyMatters.com announces website re-launch with more educational features and top of the line products – Privacy Matters 1-2-3 and Privacy Matters Identity. [PR.com - March 26, 2007]Save

Calyon Americas Names David N. Weinstein to Head High Yield and Leveraged Capital Markets Group 
[Press Release] Business Wire via Yahoo! Finance - 2 hours, 0 minute ago
NEW YORK—-Calyon in the Americas, the New York-based regional unit of the Credit Agricole Group’s corporate and investment banking arm, today announced the appointment of David N.Save

Want a Mortgage? Start by Settling Your Score 
Hornell Evening Tribune - 1 hour, 2 minutes ago
(ARA) – Anyone who’s been denied credit may feel the old adage “you can’t fight city hall” should be replaced by a new axiom: “You can’t fight the credit bureaus.”Save

Your credit report holds the key to wedded bliss 
The Morning Call - Mar 25 4:15 AM
This time of year many couples are busy preparing for their upcoming nuptials. Cake? Check. Wedding dress? Check. Credit reports?Save

BOJ To Monitor How Banks Deal With Various Risks FY2007 
Nasdaq - Mar 26 12:48 AM
TOKYO -(Dow Jones)- The Bank of Japan will carefully monitor how financial institutions deal with various risks, such as credit, market and settlement, when conducting bank inspections the next fiscal year starting April, a report released by the BOJ Monday showed.Save

Homestead: Southard Motorsports race report 
Motorsport.com - 17 minutes ago
Homestead, FL (March 25, 2007) –Southard Motorsports, featuring drivers Randy Ruhlman and Shane Lewis, headed to Homestead, Florida this weekend for Round Three of the Grand-Am Rolex Sports Car Series presented by Crown Royal Special Reserve.Save

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Morgan Stanley to Spin Off Discover
Baltimore Sun – NEW YORK // Morgan Stanley announced Friday its long-expected plans to spin off its Discover credit card operations in an Sun Business Report Business Editor Bernie Kohn discusses the day’s top headlines

FTC No Help With Stopping Trigger Lists
Ledger – The broker orders a composite credit report of your personal information on file with the three bureaus. That inquiry, in turn, sets off bells at the big credit bureaus. Critics argue that trigger lists open the door to bait-and-switch schemes, where

Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders
Boston Online – addled entities dedicated to gulling the foolish, but in the agit-pop tradition of Michael Moore, it goes for the celebrity gotcha: shots of Bush — a fish in a barrel at this point — author Suze Orman (we’re told she has a deal with credit-report

Can you pass an April Fools’ quiz on money knowledge?
AZCentral.com – You can obtain one free copy of your credit report every three years. 14. The U.S. personal savings rate over the past couple of years has been negative for the first time since the Depression. 15. Most Americans are more likely to trigger

Consumer market to rival the U.S.
The Washington Times – Consumption in the Asian giant is expected to make up 14.1 percent of the total among major world economies in 2015, surpassing that of Japan and Germany, Britain and Italy, according to a report by the Credit Suisse bank. The United States

Women & Money: Owning the Power to Control Your Destiny
USA Today – She urges you to spend $15.95 to get your FICO credit report and score as well as tips from www.myfico.com, the company’s website, but swears that she does not receive a penny from the purchase. You can, however, get more from Suze Orman’s FICO Kit

Stocks Open Flat Ahead of Housing Report
Forbes – Stocks opened quietly Friday, trading mostly flat as investors awaited a report on home sales that could indicate whether Wall Street had grown concerned that an implosion among subprime lenders, which make loans to people with poor credit, could

Owning rental property takes patience, diligence
Seattle Post Intelligencer – Take, for instance, the seemingly perfect tenant who doctored his credit report, giving himself a stellar rating. Then the guy bounced his hefty $4,000 deposit check. Pasadena, Calif.-based landlord Payman Emamian blames his real estate partner for

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