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Cash Advance News May 2007

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Reaping The Rewards Of Innovation
Innovation can be measured in many different ways, but the surest indicator of success is cash payback to your company's bottomline. There are 4 "S factors" to getting the job done right: startup costs, speed to market, scale to volume, and support costs. (Tue, 01 May 2007 04:14:55 GMT)

Chequemate for payday loaners
Tue, May 1, 2007 Chequemate for payday loaners By CP TORONTO -- Customers looking to take out a payday loan in Ontario will soon have a clear picture of the interest rates and fees they are handing over. The Ontario government yesterday introduced measures that will force lenders to disclose all fees and interest rates they charge, less than a week after a federal bill empowered provinces to rein ... (Tue, 01 May 2007 05:53:07 GMT)

New Rules for Payday Loan Companies in Ontario Josh Pringle
Payday loan companies must now outline how much it costs to borrow cash. The Ontario Government has announced new rules that will require companies to inform customers how much it costs to get a loan. (Tue, 01 May 2007 06:42:50 GMT)

Vandy baseball wants to buy home-field edge
Vanderbilt is prepared to shell out some serious cash to try to give its baseball team an edge. (Tue, 01 May 2007 07:15:51 GMT)

Sikh militants gave cash for Kanishka bombing
A career criminal testifying at the Air India inquiry said he was offered a suitcase full of cash by Sikh militants to blow up the plane but he turned down the offer and instead warned police about the plot months before the bombing in 1985. (Tue, 01 May 2007 07:39:04 GMT)

Criminal claims Sikh militants offered him cash to blow plane
A career criminal testifying at the Air India inquiry says he was offered a suitcase full of cash by Sikh militants to blow up the plane but he turned down the offer and instead warned police about the plot months before the bombing in 1985. (Tue, 01 May 2007 07:44:15 GMT)

Payday lenders face new disclosure rules
Customers looking to take out a payday loan in Ontario will soon have a clear picture of the interest rates and fees they are handing over, according to new regulations released yesterday. (Tue, 01 May 2007 08:41:35 GMT)

Global Cash Access (GCA), A Leading Provider of Cash Access Services in Casinos, Adds Six European Clients
LAS VEGAS----Global Cash Access, Inc. recently signed agreements to provide state-of-the-art cash access services to patrons at four additional casinos in Belgium and two in the UK, continuing GCA's global expansion strategy. (Tue, 01 May 2007 16:42:00 GMT)

WMDH Commits Growth Plans for Payday Advance Division Over Next Twelve Months
WMD Holdings Group, Inc. announced its commitment to growth plans for its newly acquired online payday advance lender, Payday Advance Plus, Inc. over the next twelve months. (Tue, 01 May 2007 17:48:00 GMT)

House OKs bill to impose restritions on payday loans
PHOENIX -- The Arizona House has approved legislation to give new protections to payday loan borrowers. At the same time, the bill helps the payday loan industry by lifting the scheduled expiration of the state law authorizing the short-term loans. (Tue, 01 May 2007 19:10:42 GMT)

Council Members say MLGW not authorized to charge customers in advance for gas
Memphis city council members say MLGW has another credibility issue on it's hands. council members say for the past seven months the utility has been taking money from customers it doesn't have the authority to take. (Tue, 01 May 2007 19:21:42 GMT)

Ariz. House OKs bill to impose restrictions on payday loans
PHOENIX -- The Arizona House on Tuesday approved a bill to give new protections to payday loan borrowers while helping the industry by lifting the scheduled expiration of the state law... (Tue, 01 May 2007 20:16:09 GMT)

Davis + Henderson Income Fund Reports Revenue and Cash Flow Growth in 2007's First Quarter
Davis + Henderson achieved year-over-year growth in revenue and cash flow for the three months ended March 31, 2007. (Tue, 01 May 2007 21:09:00 GMT)

U.S. Stocks Advance; Dow Jones Leads Rally in Newspaper Shares
May 1 (Bloomberg) -- The Dow Jones Industrial Average climbed to a record on the day Rupert Murdoch offered about $5 billion to buy Dow Jones & Co., whose founders created the 30- stock average 111 years ago. (Tue, 01 May 2007 21:39:23 GMT)

Tell Me About It: Parents don't need all the cash in advance
A reader writes: "My fiancee and I are in our early 30s. We want kids, but are scared of the significance of it all, especially the cost. In our ideal world, we will have almost all of our debt paid off (except maybe the house) and have a few other things taken care of." (Wed, 02 May 2007 00:17:56 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Wed, 02 May 2007 03:35:37 GMT)

Airline plummeted after negotiations, cash advance
Two weeks of frantic negotiations between airport officials and SkyValue airlines could not stave off the airline's untimely demise. (Wed, 02 May 2007 05:42:33 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Wed, 02 May 2007 09:10:51 GMT)

Spectrem Millionaire Investor Index(TM) Rises 10 Points in April to 15 - Third-Largest Advance Ever
Spectrem Group announced today that its Spectrem Millionaire Investor Index advanced 10 points in April to 15, recording its third-biggest monthly advance ever. (Wed, 02 May 2007 12:00:00 GMT)

House OKs bill to impose restrictions on payday loans
PHOENIX (AP) -- The Arizona House has approved legislation to give new protections to payday loan borrowers. At the same time, the bill helps the payday loan industry by lifting the scheduled expiration of the state law authorizing the short-term loans. (Wed, 02 May 2007 13:00:14 GMT)

Az House OKs restrictions on payday loans
The Arizona House on Tuesday approved a bill to give new protections to payday loan borrowers while helping the industry by lifting the scheduled expiration of the state law authorizing the short-term loans. (Wed, 02 May 2007 15:44:48 GMT)

Suspects Wanted in String of Robberies in Ohio, Michigan
(Napoleon, OH) --- Police say a pair of criminals are wanted in another robbery. Authorities say two white men held up Barbs Cash Advance store in Napoloeon, Ohio. (Wed, 02 May 2007 19:31:54 GMT)

Contractor accused of bilking Katrina victims out of $180,000
A Texas man was arrested on 27 counts of defrauding homeowners of close to $180,000 by taking cash in advance for contracting work that was never performed, the state attorney general said Wednesday. (Wed, 02 May 2007 20:04:27 GMT)

Advance America Announces First Quarter Earnings of $0.28 per Share
Advance America, Cash Advance Centers, Inc. today reported the results of its operations for the first quarter ended March 31, 2007. (Wed, 02 May 2007 20:15:00 GMT)

Advance America 1Q Profit Rises
Payday lender Advance America Cash Advance Centers Inc. said Wednesday its first-quarter profit climbed 9 percent on a gain in revenue from fees and interest charged to customers. (Wed, 02 May 2007 21:22:58 GMT)

Advance America’s quarterly revenue up
SPARTANBURG — Advance America, Cash Advance Centers Inc. reported first-quarter revenue increased 10.5 percent. It was the company’s ninth consecutive quarter of year-over-year revenue growth. (Thu, 03 May 2007 04:03:46 GMT)

Australian Stocks Advance, Led by BHP, Miners; Westpac Declines
May 3 (Bloomberg) -- Australian stocks rose, led by BHP Billiton Ltd. after copper rose for a fourth day in New York, boosting earnings. Westpac Banking Corp. fell after reporting first-half profit that failed to match analysts' estimates. (Thu, 03 May 2007 04:08:44 GMT)

Australian Stocks Advance, Led by BHP, Miners; Westpac Declines
May 3 (Bloomberg) -- Australian stocks rose to a record, led by BHP Billiton Ltd. after copper climbed for a fourth day in New York, boosting earnings. (Thu, 03 May 2007 06:38:44 GMT)

Queen's Park vows payday loan law to guard users
Ontario is determined to enact a law to protect users of the payday loan industry, says the minister of government services. The challenge, says Gerry Phillips, is to do so without increasing the cost for those vulnerable consumers who have no other ready source of cash for an emergency. (Thu, 03 May 2007 08:36:17 GMT)

U.K. Stocks Advance, Paced by Unilever, Shell; Prudential Jumps
May 3 (Bloomberg) -- U.K. stocks advanced after earnings from Unilever Plc, Royal Dutch Shell Plc and British American Tobacco Plc beat analysts' estimates. (Thu, 03 May 2007 08:42:57 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Thu, 03 May 2007 09:10:02 GMT)

Down to the Final Four -- Without Don
Don Donatello lost his gamble on The Big Break VII: Reunion and it cost him not only $5,000 in cash but his spot on the series. Mike Foster and Ashley Gomes defeated the Sanford, Fla. resident to advance to next show while Donatello is left to wonder what if. (Thu, 03 May 2007 11:37:42 GMT)

Twenty-Three Additional Gaming Properties to Begin Using Global Cash Access (GCA) To Provide Patrons with ...
LAS VEGAS----Twenty-three additional casinos and gaming properties have signed agreements to offer their patrons state-of-the-art cash access services from Global Cash Access, Inc. . (Thu, 03 May 2007 12:30:00 GMT)

Lionore, Ipsco Buyouts Driving TSX Advance - Canadian Commentary
(RTTNews) - With M&A news from the materials sector setting an early positive tone, Canadian stocks are adding to a 170 point gains from the previous session Thursday. (Thu, 03 May 2007 15:17:32 GMT)

Oregon House approves new 'payday' lending rate cap
Following a 2006 special session that capped payday and car title loans at 36 percent, affected lenders re-organized in order to avoid the cap. The new legislation would close the loophole and follows a national trend. (Thu, 03 May 2007 18:47:36 GMT)

Advance America's Got Growth
Consumer demand drives record revenues and profits for payday lender. (Thu, 03 May 2007 19:28:25 GMT)

Nevada Judge: Stop Payday Loan Abuses
A judge urged a state Senate panel on Thursday to support legislation to end abuses by some payday loan companies charging interest rates that are "flat-out unconscionable." (Thu, 03 May 2007 21:10:35 GMT)

Nevada judge: Stop payday loan abuses
Felix Salcedo, a retired Reno justice of the peace who's now a senior judge, added in comments to the Commerce and Labor Committee that he has seen cases of interest rates as high as 7,300 percent. (Thu, 03 May 2007 21:18:25 GMT)

Nevada lawmakers urged to control payday loan abuses
CARSON CITY A judge has urged a state Senate panel to support legislation to end abuses by some payday loan companies charging interest rates that are --quote-- "flat-out unconscionable." (Thu, 03 May 2007 21:47:34 GMT)

A judge has urged a state Senate panel to support legislation to end abuses by some payday loan companies charging ...
Felix Salcedo, a retired Reno justice of the peace who's now a senior judge, added in comments to the Commerce and Labor Committee that he has seen cases of interest rates as high as 73-hundred percent. (Fri, 04 May 2007 01:12:08 GMT)

Offshore bank units fail to cash in on SEZs
For tapping high growth units in special economic zones, a host of Indian banks had established offshore banking units in 2003-04 in these duty free enclaves (Fri, 04 May 2007 07:12:42 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Fri, 04 May 2007 09:01:00 GMT)

U.S. Stocks Advance on Takeover Speculation, Employment Report
May 4 (Bloomberg) -- U.S. stocks rose for a fourth day on speculation Microsoft Corp. wants to buy Yahoo! Inc. and an employment report that may boost odds the Federal Reserve will cut interest rates. (Fri, 04 May 2007 14:09:13 GMT)

U.S. Stocks Advance on Takeover Speculation, Employment Report
May 4 (Bloomberg) -- U.S. stocks rose for a fourth day after a report that Microsoft Corp. wants to buy Yahoo Inc. spurred speculation takeovers will accelerate after $69.5 billion of announced deals this week. (Fri, 04 May 2007 14:26:57 GMT)

U.S. Stocks Advance on Takeover Speculation, Employment Report
May 4 (Bloomberg) -- U.S. stocks rose for a fourth day after a report that Microsoft Corp. wants to buy Yahoo Inc. spurred speculation takeovers will accelerate following $69.5 billion of announced deals this week. (Fri, 04 May 2007 15:24:13 GMT)

Oregon lawmakers back consumer loan cap
The Oregon House approved a bill Thursday aimed at triple-digit interest "payday" loans that would place a cap of 36% interest on state-regulated consumer loans of less than $50,000. (Fri, 04 May 2007 16:09:14 GMT)

U.S. Stocks Advance on Takeover Speculation, Employment Report
May 4 (Bloomberg) -- Shares of Yahoo! Inc. and Reuters Group Plc surged on takeover speculation, igniting the U.S. stock market for a fourth day and capping its longest stretch of weekly gains since October. (Fri, 04 May 2007 21:24:13 GMT)

Former Alaska lawmakers indicted
Two former Alaska lawmakers pleaded not guilty Friday to charges they accepted bribes — which included cash and a job in Barbados for one of them — for supporting legislation favorable to an oil services company. (Sat, 05 May 2007 00:18:49 GMT)

3 Current, Ex-Alaska Lawmakers Arrested
One current and two former Alaska legislators pleaded not guilty Friday to charges they accepted bribes ? including cash and a job offer in Barbados for one man ? to support legislation for an oil services company. (Sat, 05 May 2007 03:30:01 GMT)

Proposed payday lending limits relaxed
Proposed limits on payday loans have been eased by a Senate panel. The amended bill was advanced to the Senate Banking and Insurance Committee. (Sat, 05 May 2007 04:18:42 GMT)

Nets Win Nail-Biter, Advance To Next Round
Richard Jefferson has propelled the New Jersey Nets into the second round of the NBA playoffs. (Sat, 05 May 2007 05:04:17 GMT)

3 current, former Alaska legislators face bribe charges
One current and two former Alaska legislators pleaded not guilty Friday to charges they accepted bribes...ncluding cash and a job... (Sat, 05 May 2007 07:32:06 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Sat, 05 May 2007 09:01:58 GMT)

Authorites indict 3 current, former Alaska lawmakers in pipeline,
including cash and a job offer in Barbados for one man -- to support legislation favorable to an oil services company. (Sat, 05 May 2007 19:17:48 GMT)

Worshiping at the Altar of Pay-Per-View
Two million pay-per-view buys is the grail for HBO, and for Oscar De La Hoya and Floyd Mayweather, who will enhance their guaranteed payments with pay-per-view cash. (Sat, 05 May 2007 20:21:54 GMT)

Starkville police still searching for armed robbery suspect
STARKVILLE - Police are still searching for a suspect connected with the armed robbery of Starkville Ready Cash. Early Thursday about 6 a.m., the store's owner John Peacock was robbed at gunpoint. Peacock would not comment on exactly how much money was taken, only saying “it was quite a bit.” (Sun, 06 May 2007 02:11:17 GMT)

Payday lender’s profit increases 9 percent
SPARTANBURG — Advance America Cash Advance Centers Inc. reported its first-quarter profit climbed 9 percent on a gain in revenue from fees and interest charged to customers. For the quarter ended March 31, net income grew to $22.3 million, or 28 cents per share, from $20.4 million, or 25 cents per share, in the prior-year quarter. Shares: +46 cents; $17.79. (Sun, 06 May 2007 04:20:43 GMT)

Buffett Says Berkshire Is Ready to Buy `Big Business' (Update1)
May 6 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett usually laments that his company has more cash than investment opportunities. Yesterday he envisioned an acquisition so big that he'd have to sell some stocks to free up funds. (Sun, 06 May 2007 06:56:47 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Sun, 06 May 2007 08:48:31 GMT)

AVP's top men's, women's teams hope to cash in
Young-Branagh and Dalhausser-Rogers need only to make their respective finals at the AVP's Huntington Beach Open to earn $100,000 bonuses. (Sun, 06 May 2007 11:06:59 GMT)

Buffett Says Berkshire Is Ready to Buy `Big Business' (Update1)
May 6 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett usually laments that his company has more cash than investment opportunities. Yesterday he envisioned an acquisition so big that he'd have to sell some stocks to free up funds. (Sun, 06 May 2007 14:24:13 GMT)

Buffett Says Berkshire Is Ready to Buy `Big Business' (Update2)
May 6 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett usually laments that his company has more cash than investment opportunities. Yesterday he envisioned an acquisition so big that he'd have to sell some stocks to free up funds. (Sun, 06 May 2007 17:11:47 GMT)

Buffett Says Berkshire Is Ready to Buy `Big Business' (Update3)
May 6 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett usually laments that his company has more cash than investment opportunities. Now he's envisioning an acquisition so big that he'd have to sell some stocks to free up funds. (Sun, 06 May 2007 21:11:51 GMT)

NHL: Sabres Win Semifinals To Advance
The Sabres beat the New York Rangers 5-4 to advance to the Eastern Finals. (Sun, 06 May 2007 22:28:57 GMT)

Sailing: Against odds, Victory Challenge hopeful
For a one-boat program that once had a serious cash flow problem the Swedes and their hired international hands have fared rather well in the less-is-not-more world of Cup sailing and still have a chance at the semifinals. (Mon, 07 May 2007 03:29:34 GMT)

Berkshire's Buffett Envisions $40 Billion to $60 Billion Deal
May 7 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett often laments that his company has more cash than investment opportunities. Now he's envisioning a $40 billion to $60 billion acquisition that would require him to sell stocks to free up funds. (Mon, 07 May 2007 05:26:47 GMT)

City wants to hold payday loan stores in check
WOOD RIVER — The ads are on the radio, television, the Internet, even in the mail. They refer to payday loans and tell people how easy it is to turn a “check into cash.” (Mon, 07 May 2007 05:38:47 GMT)

Japan Hot Stocks-MSCI additions, Sumitomo Densetsu, property
TOKYO, May 7 (Reuters) - The following stocks are on the move on Monday: **JUPITER TELECOM , MSCI ADDITIONS ADVANCE** (Mon, 07 May 2007 05:44:46 GMT)

Buffett is ready to buy a 'big business'
Berkshire Hathaway, which has about $46 billion in cash, must ignore "mice" in favor of "elephants," Buffett said in his annual investor letter in March. (Mon, 07 May 2007 05:47:18 GMT)

Australian Stocks Advance, Led by Rio Tinto and BHP Billiton
May 7 (Bloomberg) -- Australian stocks rose, extending a record high. Rio Tinto Group led gains among miners after prices of metals including copper and nickel advanced and after Citigroup Inc. said BHP Billiton Ltd. could afford a $100 billion takeover bid for its smaller rival. (Mon, 07 May 2007 06:54:04 GMT)

Satchell Gets 13 Years For Robbing Payday Store
BENTONVILLE -- Life was never the same for Jennifer Isley after a man pushed a gun in her face, yelled obscenities and robbed her last summer while she worked as a clerk for the Payday Now Cash Advance store. (Mon, 07 May 2007 08:47:43 GMT)

The federal government has virtually legalized loan sharking: critic
They've been called everything from loan sharks to predatory lenders that prey on the poor - and now Canada's payday loan industry is facing new rules that could significantly restrict the rates they charge and change the way they do business forever. (Mon, 07 May 2007 10:39:09 GMT)

European Stocks Rebound; Altana, Bouygues Shares Advance
May 7 (Bloomberg) -- European stocks recovered losses. Altana AG and Bouygues SA led advancing shares. The Dow Jones Stoxx 600 Index added 0.26, or 0.1 percent, to 392.99 as of 12:16 p.m. in London after falling as much as 0.2 percent earlier. (Mon, 07 May 2007 11:43:28 GMT)

Payday loans face new rules
Money Mart is one of many payday loan outlets. (Mon, 07 May 2007 12:36:14 GMT)

Editorial: Best-of-times budget must think ahead
On the budget: It is a sure sign of the embarrassment of riches that confronted Peter Costello as he framed an election-year budget awash with cash that the Howard Government has been able to milk a week of good headlines by leaking advance details of what it contains. On Qantas: Desperate times demand desperate action, so it is no surprise the money men who crashed their own $11 billion ... (Mon, 07 May 2007 14:00:00 GMT)

U.S. Stocks Rise for 5th Day as Alcoa, Armor Holdings Advance
May 7 (Bloomberg) -- U.S. stocks rose for a fifth day, led by Alcoa Inc. after the world's largest aluminum company offered to buy Canadian rival Alcan Inc. for $33 billion. (Mon, 07 May 2007 14:09:13 GMT)

U.S. Stocks Rise for 5th Day as Alcoa, Armor Holdings Advance
May 7 (Bloomberg) -- U.S. stocks rose for a fifth day, led by Alcoa Inc. after the world's largest aluminum company offered to buy Canadian rival Alcan Inc. (Mon, 07 May 2007 14:24:13 GMT)

U.S. Stocks Rise for 5th Day as Alcoa, Armor Holdings Advance
May 7 (Bloomberg) -- U.S. stocks rose for a fifth day after Alcoa Inc.'s unsolicited $26.9 billion bid for Alcan Inc. added to speculation takeovers will accelerate from their record pace. (Mon, 07 May 2007 15:24:13 GMT)

U.S. Stocks Rise for 5th Day as Alcoa, Armor Holdings Advance
May 7 (Bloomberg) -- U.S. stocks rose for a fifth day after Alcoa Inc.'s unsolicited $26.9 billion bid for Alcan Inc. added to speculation the record pace of takeovers will accelerate. (Mon, 07 May 2007 15:41:47 GMT)

Berkshire's Buffett Envisions $40 Bln to $60 Bln Deal (Update1)
May 7 (Bloomberg) -- Berkshire Hathaway Inc.'s Warren Buffett often laments that his company has more cash than investment opportunities. Now he's envisioning a $40 billion to $60 billion acquisition that would require him to sell stocks to free up funds. (Mon, 07 May 2007 15:56:47 GMT)

Execs plead guilty to bribing lawmakers
Two top officers of an oil services company pleaded guilty Monday to bribing Alaska lawmakers with cash and the promise of jobs, contracts and favors for their backing on bills supported by the multinational firm. (Mon, 07 May 2007 21:20:59 GMT)

Reno-based payday lender fined record $50,000
Reno-based payday lender fined record $50,000 RENO, Nev. (AP) - State regulators have fined a Reno-based payday lender a record $50,000 and ordered it to pay damages to a Michigan woman it allegedly charged $857 for a $200 loan she took out via the Internet. (Tue, 08 May 2007 00:47:50 GMT)

Oil execs plead guilty to bribing Alaska lawmakers
Two top officers of an oil services company pleaded guilty today to bribing Alaska lawmakers with cash and the promise of jobs, contracts and favors for their backing on bills supported by the multinational firm. (Tue, 08 May 2007 01:00:55 GMT)

Reno-based payday lender fined record $50,000
RENO, Nev. State regulators have fined a Reno-based payday lender a record 50-thousand-dollars. They've also ordered Leads Global Incorporated to pay more than... (Tue, 08 May 2007 01:06:36 GMT)

Reno-Based Payday Lender Fined Record $50,000
State regulators have fined a Reno-based payday lender a record $50,000. They've also ordered Leads Global Incorporated to pay more than $1,000 in compensatory damages to a Michigan woman it allegedly charged $857 for a $200 loan she took out via the Internet. (Tue, 08 May 2007 01:17:24 GMT)

Reno-based payday lender fined record $50,000
RENO, Nev. State regulators have fined a Reno-based payday lender a record 50-thousand-dollars. (Tue, 08 May 2007 01:18:35 GMT)

Reno-based payday lender fined $50,000
RENO, Nev. -- State regulators have fined a Reno-based payday lender a record $50,000 and ordered it to pay damages to a Michigan woman it allegedly charged $857 for a $200 loan she... (Tue, 08 May 2007 01:36:40 GMT)

Execs plead guilty to bribing lawmakers
Two top officers of an oil services company pleaded guilty Monday to bribing Alaska lawmakers with cash and the promise of jobs, contracts and favors for their backing on bills supported by the multinational firm. (Tue, 08 May 2007 03:27:15 GMT)

European Stocks Including Reuters May Gain; Daimler May Fall
May 8 (Bloomberg) -- European stocks including Reuters Plc and Lloyds TSB Group Plc may gain on takeover speculation. Deutsche Bank AG might advance after reporting earnings that topped analysts' estimates. (Tue, 08 May 2007 07:04:44 GMT)

Execs plead guilty to bribing lawmakers
Two top officers of an oil services company pleaded guilty Monday to bribing Alaska lawmakers with cash and the promise of jobs, contracts and favors for their backing on bills supported by the multinational firm. (Tue, 08 May 2007 07:25:59 GMT)

Buffett to shareholders: He's eager to invest firm's billions
Legendary investor Warren Buffett (left) and Microsoft's Bill Gates teamed up for table tennis Sunday at the Berkshire shareholders meeting. So far, Buffett says, cash is coming in faster than ideas. (Tue, 08 May 2007 08:03:24 GMT)

Community group pushes for payday lending reform
COLUMBUS, Ohio (AP) -- One state lawmaker says he would like to see more state oversight of the payday lending industry. (Tue, 08 May 2007 09:57:03 GMT)

Community group pushes for payday lending reform
COLUMBUS, Ohio One state lawmaker says he would like to see more state oversight of the payday lending industry. (Tue, 08 May 2007 10:27:40 GMT)

2 oil services executives plead guilty to bribing Alaska lawmakers
ANCHORAGE, Alaska The founder of a multinational oil services company and one of his top executives have admitted illegally paying more than $400,000 to Alaska lawmakers in a widening political corruption scandal. Bill J. Allen, chief executive of Anchorage-based VECO Corp., and Rick Smith, a vice president, pleaded guilty Monday to bribing state legislators with cash and the promise of jobs and ... (Tue, 08 May 2007 11:12:20 GMT)

Payday lender to pay for overcharging Mich. woman
RENO, Nev. — State regulators have fined a Reno-based payday lender a record $50,000 and ordered it to pay damages to a Michigan woman it allegedly charged $857 for a $200 loan she took out via the Internet. (Tue, 08 May 2007 11:37:21 GMT)

Group pushes for payday lending reform
COLUMBUS (AP) — The state should cap interest rates charged by payday lenders, limit the number of loans people can take out and more closely monitor the establishments, a state senator and community group urged. (Tue, 08 May 2007 13:25:59 GMT)

Record Fine Levied Against Reno-Based Payday Loan Company
State regulators have fined a Reno-based payday lender a record 50,000 dollars. They've also ordered Leads Global Incorporated to pay more than 1,000 dollars in compensatory damages to a Michigan woman it allegedly charged 857 dollars for a 200-dollar loan she took out via the Internet. (Tue, 08 May 2007 13:49:31 GMT)

U.S. stocks retreat as investors cash in from extended market rally
Updated: 8:45 AM- NEW YORK -- Wall Street retreated sharply today as investors, mindful of the Federal Reserve's upcoming meeting on interest rates, decided to cash in some profits from the market's extended rally. (Tue, 08 May 2007 13:50:25 GMT)

Stocks fall ahead of Fed meeting
Wall Street retreated sharply Tuesday as investors, mindful of the Federal Reserve's upcoming meeting on interest rates, decided to cash in some profits from the market's extended rally. (Tue, 08 May 2007 14:50:38 GMT)

Wall Street pulls back after run
Wall Street retreated sharply Tuesday as investors, mindful of the Federal Reserve's upcoming meeting on interest rates, decided to cash in some profits from the market's extended rally. (Tue, 08 May 2007 15:29:49 GMT)

Community group pushes for payday lending reform
COLUMBUS, Ohio (AP) — The state should cap interest rates charged by payday lenders, limit the number of loans people can take out and more closely monitor the establishments, a state senator and community group urged. (Tue, 08 May 2007 15:57:33 GMT)

Nev.: Reno Payday Lender Fined $50,000
State regulators have fined a Reno-based payday lender a record $50,000 and ordered it to pay damages to a Michigan woman it allegedly charged $857 for a $200 loan she took out via the Internet. (Tue, 08 May 2007 16:24:36 GMT)

MARKET TALK: CME Hogs Weak On Cash, Spreads; Most Bellies Up
1045 EDT [Dow Jones] - CME hogs are weak in low volume on relatively active May/June bear, and June/July bull positioning as spreaders take on initial sporadic Goldman Roll activity. June/Aug bear spreading is also common as spot-month longs bypass July as they implement the roll. (Tue, 08 May 2007 16:32:36 GMT)

Community group pushes for payday lending reform
COLUMBUS, Ohio — The state should cap interest rates charged by payday lenders, limit the number of loans people can take out and more closely monitor the establishments, a state senator and community group urged. (Tue, 08 May 2007 17:05:36 GMT)

Stocks retreat as investors take profits in advance of Federal Reserve Wed. meet
Wall Street retreated Tuesday as investors, mindful of the Federal Reserve's upcoming meeting on interest rates, decided to cash in some profits from the market's extended rally. (Tue, 08 May 2007 18:10:57 GMT)

Bills to lure steel mill advance in La.
ThyssenKrupp is expected to announce this week whether the mill will go to Louisiana or Alabama. (Tue, 08 May 2007 18:17:34 GMT)

Stocks take a breather after extended rally
Stocks ended flat Tuesday as investors, mindful of the Federal Reserve's upcoming meeting on interest rates, decided to cash in some profits from the market's extended rally. (Tue, 08 May 2007 20:14:43 GMT)

Payday Advance Industry Announces New Protection for Customers Seeking Payday Loans Online
Consumers seeking payday loans on the Internet will have an unprecedented level of protection from companies belonging to the Community Financial Services Association of America (CFSA), the national trade association representing responsible payday lenders. A new Internet Lending Best Practice requires CFSA members to follow state laws governing payday loans and to be licensed in each state they ... (Tue, 08 May 2007 20:28:48 GMT)

Macrovision Corporation Reports Record First Quarter Revenue and Cash Performance
SANTA CLARA, Calif.----Macrovision Corporation announced today record first quarter revenues of $65.2 million compared to $57.0 million for the first quarter of 2006. US GAAP net income was $5.7 million compared to $2.5 million for the first quarter of 2006. (Tue, 08 May 2007 20:30:00 GMT)

Bills to Lure Steel Mill Advance in La.
Louisiana lawmakers are speedily pushing a $400 million spending package through the Legislature, hoping to entice a German steel manufacturer to place a new $2.9 billion mill in the state. (Tue, 08 May 2007 20:46:00 GMT)

Bills to lure steel mill advance in La.
ThyssenKrupp AG is expected to announce Friday whether the mill will go to Louisiana or Alabama. Louisiana's latest effort is two-pronged: Gov. Kathleen Blanco is pushing lawmakers to add another $100 million to a $300 million fund set aside for the mill. (Tue, 08 May 2007 20:48:28 GMT)

Woman Arrested after Phony Armed Robbery
Pearl Police officers were sent on a wild goose chase after an employee at the Express Check Advance on Highway 80 called in an armed robbery. Investigators were quick to discover that the person they searching for was with them the whole time. (Tue, 08 May 2007 23:47:41 GMT)

11th Circuit Rules for Payday Lenders, but Opens Door to Further Review
Changes in federal banking regulations and a 2004 Georgia statute on lending practices have driven most payday lenders out of the state. But payday lenders are still fighting class action suits against them in Georgia courts, and have turned to the federal courts for help. They recently won a victory at the 11th Circuit, but an unusual concurring opinion indicates the court soon may reconsider an ... (Wed, 09 May 2007 04:07:57 GMT)

Steel plant incentives advance in the House
BATON ROUGE -- With an announcement looming by the end of the week on whether a German steel company will build a giant plant in Louisiana, Gov. Kathleen Blanco and her allies in the Legislature advanced three bills Tuesday offering several hundred million dollars in incentives for the project. (Wed, 09 May 2007 06:07:17 GMT)

11th Circuit Rules for Payday Lenders, but Opens Door to Further Review
Changes in federal banking regulations and a 2004 Georgia statute on lending practices have driven most payday lenders out of the state. But payday lenders are still fighting class action suits against them in Georgia courts, and have turned to the federal courts for help. (Wed, 09 May 2007 07:02:20 GMT)

Crooning contest for cash; Ride for health
Local vocalists and bands with up to seven members who specialize in the colorful sound of country are encouraged to audition for the 26th annual Colgate Country Showdown, America's largest country music talent search, which offers approximately $200,000 in cash and prizes. (Wed, 09 May 2007 07:31:56 GMT)

Brown wants public sector pay curbs
Gordon Brown has ordered ministers to curb public sector pay rises to free cash for the government's spending priorities, in a move that is likely to anger trade unionists preparing for a civil service strike this week. (Wed, 09 May 2007 08:37:00 GMT)

Milan shares higher midday led by Lottomatica, CR Firenze
MILAN (Thomson Financial) - Share prices were higher midday, rebounding from yesterday's drop but amid caution ahead of interest rates decisions in the US and Europe this evening and tomorrow, with Lottomatica ( Nachrichten ) and CR Firenze ( Nachrichten ) leading the advance, dealers said. (Wed, 09 May 2007 11:06:28 GMT)

Seneca unable to cash in
BASEBALL - Frustrating and impressive. The Seneca High School baseball team's 5-4 loss to Bishop Eustace managed to be both of those things yesterday. (Wed, 09 May 2007 12:01:42 GMT)

Global Cash Access Announces First Quarter 2007 Financial Results
LAS VEGAS----Global Cash Access Holdings, Inc. today announced unaudited financial results for the quarter ended March 31, 2007. (Wed, 09 May 2007 13:02:00 GMT)

Toronto FC items hot sellers
Toronto FC may be a bust on the field, but not at the cash register. (Wed, 09 May 2007 21:20:09 GMT)

The Real Owner of All Those Planes
Steven Udvar-Hazy is a pioneer in airplane leasing, owning more airplanes than any airline in the world. (Thu, 10 May 2007 01:55:55 GMT)

Legislators show little interest in new law on payday loans
Struggling Missourians gave payday loan companies $317 million last year alone. (Thu, 10 May 2007 03:13:23 GMT)

HudBay Reports Strong First Quarter 2007 Results
HudBay Minerals Inc. today announced a 68% increase in revenue to $349.1 million, compared to the first quarter of 2006, contributing to earnings of $63.1 million or $0.50 per share while operating cash flow increased by 83% to $142.5 million, for the quarter ended March 31, 2007. (Thu, 10 May 2007 03:56:00 GMT)

European Stocks May Gain on Earnings; EADS, Axa May Advance
May 10 (Bloomberg) -- European stocks may rise after earnings from European Aeronautic, Defence & Space Co., UniCredit SpA and Societe Generale SA topped analysts' estimates. (Thu, 10 May 2007 06:34:34 GMT)

Payday lenders give $19,500 to Johnson
WASHINGTON - South Dakota Sen. Tim Johnson's re-election campaign has raked in almost $20,000 so far this year from people who earn their living making high-interest loans to cash-strapped borrowers, Federal Election Commission records show. Individuals employed by nine payday lending companies from across the country donated a total of $19,500 to Johnson's campaign committee in the first three ... (Thu, 10 May 2007 07:07:45 GMT)

HudBay Reports Strong First Quarter 2007 Results
HudBay Minerals Inc. (TSX: HBM) (HudBay or the Company) today announced a 68% increase in revenue to $349.1 million, compared to the first quarter of 2006 (Q1 2006), contributing to earnings of $63.1 million or $0.50 per share while operating cash flow increased by 83% to $142.5 million, for the quarter ended March 31, 2007 (Q1 2007). (Thu, 10 May 2007 07:58:38 GMT)

Takeover talk lifts European stocks
Takeover speculation dominated the advance in European stocks on Wednesday, led by mining companies, on talk that Rio Tinto Group would receive a bid from its larger rival BHP Billiton . (Thu, 10 May 2007 08:01:09 GMT)

Cash row over African troops
The AU defends its method of funding peacekeepers after complaints that troops in Somalia were going unpaid. (Thu, 10 May 2007 09:10:19 GMT)

Cash row over African troops
The AU defends its method of funding peacekeepers after complaints that troops in Somalia were going unpaid. (Thu, 10 May 2007 09:20:30 GMT)

Esprit Financial Group Inc. (Esprit) (EFGO.PK) to Integrate Lexis Nexis ID Verification And Risk View Scoring Solution
Esprit Financial Group Inc. www.espritfinancialgroup.com is pleased to announce Esprit's payday loan software division Cash Now is integrating Lexis Nexis ID Verification and risk view scoring solution in the company's next generation of E5 Payday Software Platform scheduled for release later in 2007. (Thu, 10 May 2007 10:00:00 GMT)

Auto Incentives: They're Coming Back
Softening car demand means more 0% deals, which will accelerate this summer. (Thu, 10 May 2007 10:19:47 GMT)

Attorney General reaches $838,500 settlement with payday lender
Attorney General Darrell McGraw's office announced it has reached an $838,500 agreement with payday lender First American Cash Advance. * Forgive about $616,000 in defaulted loans allegedly owed by nearly 2,700 West Virginia consumers. (Thu, 10 May 2007 12:23:07 GMT)

Sernova Raises $2.4 Million to Advance Sertolin to Clinical Trails
Sernova Corp., a company focused on a novel treatment for insulin-dependent diabetes using its patented Sertolin cell technology, announced that it has raised $2.4 million through the exercise of all outstanding warrants. (Thu, 10 May 2007 13:30:00 GMT)

Arriva Card Now Rewards Casinos with Cash for Delivering New Cardholders
LAS VEGAS----The Arriva Card , the first credit card designed specifically for use in casinos, has initiated a "Bounty Program" that rewards casinos for each approved Arriva application that results directly from casino activity. (Thu, 10 May 2007 14:16:00 GMT)

Sernova Raises $2.4 Million to Advance Sertolin to Clinical Trails
Sernova Corp. (TSX VENTURE: SVA), a company focused on a novel treatment for insulin-dependent diabetes using its patented Sertolin cell technology, announced that it has raised $2.4 million through the exercise of all outstanding warrants. The funds will be used to continue the Company's development of Sertolin, Sernova's cellular therapy for diabetes. (Thu, 10 May 2007 17:16:39 GMT)

ICAI PUBLISHES 2006 ANNUAL REPORT
The Institute of Chartered Accountants in Ireland (ICAI) has published its Annual Report and Financial Statements in advance of the Institute AGM to be held on May 24th next. (Thu, 10 May 2007 18:06:31 GMT)

Partner Sentenced in Robbery of Payday Store
THE MORNING NEWS BENTONVILLE -- An accomplice in last summer's aggravated robbery of the Payday Now Cash Advance store pleaded guilty Wednesday and was sentenced to 10 years in prison. (Fri, 11 May 2007 00:07:25 GMT)

A few high-interest lenders are trying to hang onto a loophole in the state's payday loan regulations, Nevada Assembly ...
Some high-interest lenders have evaded the 2005 payday loan law and need to be stopped, said Buckley. She accuses them of changing their contracts and continuing to charge interest rates up to 900 percent for a year or more. (Fri, 11 May 2007 00:41:50 GMT)

Payday Loans: More Than What You Bargained For?
WMBD/WYZZ TV – PEORIA Driving around Peoria , you probably see them all over. But what are you really getting yourself into when you sign up for a payday loan ? (Fri, 11 May 2007 01:40:29 GMT)

Stocks retreat after weak retail sales
Wall Street retreated sharply Thursday, slicing nearly 150 points off the Dow Jones industrial average after weak sales at many of the nation's major retailers heightened concerns about consumer spending. (Fri, 11 May 2007 03:54:02 GMT)

San Marcos to host Talent Show
SAN MARCOS -- More than 50 local youths and adults will compete for trophies, cash prizes and bragging rights at the city of San Marcos' 12th annual Talent Show on Saturday. (Fri, 11 May 2007 06:04:10 GMT)

Official: Race was smooth operation
SILVER CITY — Behind every sprint for cash, behind every early-morning whoosh of bicycles tearing around corners and behind every group of racers toughing it out up grueling ascents, there was a volunteer making it all happen. (Fri, 11 May 2007 07:04:50 GMT)

Partner Sentenced in Robbery of Payday Store
THE MORNING NEWS BENTONVILLE -- An accomplice in last summer's aggravated robbery of the Payday Now Cash Advance store pleaded guilty Wednesday and was sentenced to 10 years in prison. (Fri, 11 May 2007 09:30:21 GMT)

Woman receives 20 years for her part in robbery
BENTONVILLE — A Bella Vista woman was sentenced to 20 years in prison for her involvement in last year’s armed robbery of Payday Cash Advance. (Benton County Daily Record) (Fri, 11 May 2007 12:29:20 GMT)

The Line: Expect a Democratic Runoff in Ky. Gov. Race
It's down to the wire in the Kentucky governor's race. Gov. Ernie Fletcher and former Rep. Anne Northup are exchanging televised body blows over ethics in advance of the May 22 Republican primary, while two former lieutenant governors and a... (Fri, 11 May 2007 12:41:30 GMT)

Nevada lawmaker opposes lenders' efforts to revise payday loan bill
CARSON CITY Assembly Speaker Barbara Buckley says several payday lenders are trying to hold on to a loophole in the state's laws. Lobbyists representing those companies are asking a Senate panel to amend Buckley's payday loan bill. (Fri, 11 May 2007 13:48:24 GMT)

U.S. Energy Corp. Closes on Sale of Uranium Properties to sxr Uranium One
U.S. Energy and Crested Corp. Receive 6.6 Million Uranium One Common Shares and $6.6 Million in Cash RIVERTON, Wyo., May 1 -- U.S. Energy Corp. (NASDAQ:USEG) and Crested Corp. (BULLETIN BOARD: CBAG) , natural resource exploration and development companies, today announced the April 30, 2007 completion of their sale of certain uranium assets to subsidiaries of sxr Uranium One Inc. ("Uranium ... (Fri, 11 May 2007 14:00:49 GMT)

AUTOMOBILE DONATIONS
DONATE VEHICLE, running or not accepted, FREE TOWING TAX DEDUCTIBLE, NOAHS ARC, Support No Kill Shelters, Animal Rights, Research to Advance Veterinary Treatments/ Cures 1-866-912-GIVE. (Fri, 11 May 2007 14:45:13 GMT)

Stock markets advance as investors hope Fed could cut rates later in '07
TORONTO (CP) - A bullish mood returned to the Toronto stock market Friday morning after two losing sessions in a broad advance led by mining and energy stocks, even as the latest Canadian employment data disappointed. (Fri, 11 May 2007 15:43:28 GMT)

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