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UPDATE 2-S&P says credit squeeze spares investment pools
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Local government investment pools have limited exposure to troubled asset-backed commercial paper that triggered a run on a Florida
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S&P says credit squeeze spares investment pools
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Local government investment pools have limited exposure to troubled asset-backed commercial paper that triggered a run on a Florida
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RMA/AFS Risk Analysis Service Metrics Continue To Show Further Deterioration in Middle...
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RMA/AFS Risk Analysis Service Metrics Continue To Show Further Deterioration in Middle Market Credit Quality Credit Risk Benchmarking Program now offers enhanced risk ratingmetrics including Probability of Default (PD), Loss Given Default
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Key Energy Closes $400 Million Senior Secured Credit Facility
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Key Energy Services, Inc. announced today that on November 29, 2007, it closed a new $400 million five-year Senior Secured Revolving Credit Facility.
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Federal-Mogul's corporate credit to be rated 'BB-' on exit from bankruptcy - S&P
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Standard & Poor's (NYSE:MHP) Ratings Services said it expects Federal-Mogul (OTCBB:FDMLQ) Corp to be assigned its 'BB-' corporate credit rating when the company emerges from bankruptcy
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Badgerland Farm Credit Offering Scholarships to High School Grads
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Badgerland Farm Credit Services is offering up to twenty $1,000 scholarships to graduating high school seniors who are pursuing their interest
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Bank of America Launches Brighter Planet(TM) Credit Card
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Bank of America today announced at the Good and Green Marketing Conference in Chicago that it has teamed with Brighter Planet(TM)
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S&P to Launch Credit Default Swap Indices
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Standard & Poor's, the world's leading index provider, announced today that it is set to launch three U.S. based Credit Default Swap (CDS)
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S&P Affirms Credit Ratings for Lin TV
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Standard & Poor's Ratings Services on Thursday affirmed Lin Television Corp.'s noninvestment-grade credit ratings, citing the unlikelihood that the operator of TV stations
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Carrington joins United Services Credit Union
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The Board of Directors of United Services Credit Union is pleased to announce the recent addition of William J Carrington III
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Foodmoves.com Arranges Credit Rating Services With Dun & Bradstreet and Red Book
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To build confidence for its buyers and sellers, Foodmoves.com, the first online auction site built specifically for the requirements
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S&P Lowers Harley-Davidson Ratings
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Standard & Poor's Ratings Services on Wednesday lowered its investment-grade ratings on Harley-Davidson Inc., citing lower sales
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'Free' credit reports sometimes aren't free
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Like many consumers, Wendy Temple's first step shopping for a mortgage was to go online to get a sense of where she stood as a prospective borrower.
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comScore, Inc. to Present at the 2007 Credit Suisse Annual Technology Conference
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comScore, Inc. , a leader in measuring the digital world, announced today that Dr. Magid Abraham, CEO and Co-Founder, and John Green, CFO
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Justice Federal Credit Union Selects Zix Corporation for Email Encryption Service
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ZixCorp's Email Encryption Service Ensures Online Communication Privacy for Credit Union That Serves U.S. Department of Justice
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Moody's Reviewing GMAC Rating
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Credit rating agency Moody's Investors Service said late Monday it is reviewing the rating of financial services firm GMAC LLC for a possible downgrade.
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Bay Gulf Credit Union Expands Services With Vendor Gila Group for Turnkey Offering
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Gila Corporation, through its Gila Group business unit, has signed a collections outsourcing agreement to expand its current service
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uTANGO Signs Multi-Year Co-Branded Visa(R) Credit Card Agreement With Alliance Data
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uTANGO, the first ever Life-Stage Rewards program designed to help consumers prepare for their financial future by leveraging existing daily
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Wisconsin Credit Unions Honored Nationally for Doing What's Right, Regardless of Profit
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Wisconsin credit unions' work to develop services that meet pressing needs in communities statewide has captured BEST OF SHOW honors
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Slower growth poses risk to aggregate credit quality - S&P
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Standard and Poor's (NYSE:MHP) Ratings Services said creditors are at risk for continued deterioration in aggregate credit quality in the coming quarters.
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Energy shares sink along with broad market
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Energy stocks fell into the red with the overall market Monday amid a weakening dollar, lower crude prices, and woes in the financial sector.
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The next credit scandal
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The real outrage of the credit crunch has been in the way major banks disclosed potential losses. Now, there are billions more in undisclosed risk.
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First American CREDCO'S Anthem is Compliant with Freddie Mac's Updated Guidelines
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First American CREDCO, the leading provider of specialty credit reports to the mortgage and consumer finance industries and part of First Advantage Corporation
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The Negatives of High Grain Prices
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$6 barley, $8 wheat, $16 durum, they’re prices that put a smile on any farmer`s face.
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Proposed city budget soars to $87M
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Prepare for one of the biggest city spending hikes in 14 years - with a tax increase as a result.
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Credit union's new owner says sale is a good deal
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The Huron River Area Credit Union, now with a new name and new ownership, is a very different institution than the one regulators seized in February.
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Kia Motor Finance Company Opens New Facility In Austell, Georgia
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Kia Motor Finance Company (KMFC) today held grand opening ceremonies for its Southeast Regional Service Center in Austell, Ga.
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Service Credit Union Collects 1,300 lbs of Food for Food Bank Plus Makes $30,000.00 Donation
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November 21, 2007) - Service Credit Union held a food drive across all 12 New Hampshire branch locations between November 1-16
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NxStage Medical Establishes $50 Million Credit Facility with a Group of Lenders Led by Merrill Lynch
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NxStage Medical, Inc. , a leading manufacturer of innovative dialysis products, today announced that it has entered into a $50.0 million credit
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EDS' Ron Rittenmeyer to Speak at the Credit Suisse 2007 Annual Technology Conference
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EDS President and Chief Executive Officer Ron Rittenmeyer will be speaking at the Credit Suisse \ 2007 Annual Technology Conference on Thursday
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Credit Woes Hit Mutual-Fund Executives
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State Street Global Advisors and Bank of America Corp.'s Columbia Management unit are making significant changes to their investment teams
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PayPal, E-payments Gain Online Ground
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Internet-based payment services are growing in popularity, as PayPal and others capitalize on fear of identity theft and payment fraud
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Level 3 President and COO Kevin O'Hara to Speak at the Credit Suisse 2007 Annual Technology Conf.
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Kevin O'Hara, president and chief operating officer of Level 3 Communications, Inc. , will make an investor presentation at the Credit Suisse 2007 Annual Technology Conference
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CBIZ Amends Its $100 Million Unsecured Credit Facility
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CBIZ, Inc. today announced that it has amended its $100 million unsecured credit facility led by Bank of America, NA, effective November 16, 2007.
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Credit Cards Push New Loyalty Plans
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If you're among the legions of people who game a wallet full of credit cards for maximum rewards, card issuers are onto you
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State files suit against credit repair firms
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Tennessee Attorney General Bob Cooper has filed suit to stop an individual and his three credit repair companies from promoting and selling their services to Tennesseans
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Paynet Systems:The Direct Source For Your Business Credit Card Processing Services
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The name 'Paynet Systems' needs no introduction. Their credit card processing and merchant account services are renowned
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Marshall & Ilsley ratings unaffected by exposure to Franklin Credit - S&P
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Standard & Poor's Ratings Services said US-based financial services company Marshall & Ilsley Corp's 'A-/A-1' ratings
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Stewart Enterprises, Inc. to Present At Bank of America Credit Conference December 3, 2007
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Stewart Enterprises, Inc. (Nasdaq:STEI) announced today that Tom Crawford, chief executive officer, and Tom Kitchen, chief financial officer,
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JPM Won't Raise Interest Rates When Credit Scores Drop
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JPMorgan Chase & Co.'s (JPM) Chase Card Services will no longer increase interest rates for individual cardholders when their credit- bureau scores decline
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SMU Cox School of Business Lists RMCN Credit Services, Inc. in Top 100
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RMCN Credit Services, Inc. Ranked # 28 among Fasting Growing, Privately Held Companies in Dallas/Fort Worth Area
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Swiss Re takes $1 billion subprime hit as crisis spreads beyond banks
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Swiss Reinsurance, the biggest reinsurer in the world, said Monday that it had taken a $1.07 billion write-down for the value of some derivatives
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Lending to relatives? Read this.
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Michelle Deininger never planned on being a repo man.
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Is A Doctor Necessary To Place Credit Band Aid?
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Walking into a clinic may be the answer for a physical injury but for credit repairs sometimes it’s best to do your own medical analysis.
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Cutting in on financing options
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Resellers should look to provision of financial services alongside the supply of products and services, writes Eddie Pacey
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Huntington Bancshares Announces: 2007 Fourth Quarter Charge of Up to $300 Million After-Tax
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Will Report a Net Loss for the 2007 Fourth Quarter- Board Reaffirms the Common Stock Dividend- Agreements with Franklin Credit Management Corporation- Huntington to Hold Conference Call at 1:00PM ET Today
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MoneyGram's Credit Rating Cut to Junk
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Moody's Cuts MoneyGram International's Credit Rating to 'Junk' Status on Subprime Exposure
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Wolverine Tube 'CC' corporate credit rating affirmed; off positive watch - S&P
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Standard & Poor's Ratings Services affirmed Wolverine Tube Inc's ratings, including its 'CC' corporate credit rating with a developing outlook
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Opposing view: Let consumers choose
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When it comes to cracking down on violations of consumer protection laws, we're all for it. The American Financial Services Association
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CPS Announces Renewal of Senior Credit Facility
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Consumer Portfolio Services, Inc. (Nasdaq: CPSS) today announced that on November 8, 2007 it renewed one of its $200 million senior revolving warehouse credit facilities
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Credit Unions Select QAS to Improve Member Service and Reduce Operational Costs
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QAS, a part of Experian(R) specializing in address verification and cleansing products, announced that multiple credit unions
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Goodrich CEO to Address Credit Suisse 2007 Aerospace and Defense Conference
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Marshall Larsen, Chairman, President and Chief Executive Officer of Goodrich Corporation , will address the Credit Suisse 2007 Aerospace
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British bank HSBC warns US bad debts up 30 percent
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Global banking giant HSBC said Wednesday that bad debts in the United States linked to the subprime crisis and credit squeeze rose
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Wall St. CEOs: More credit worries
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BlackRock's Fink warns that worst isn't over, but Goldman Sachs' chief says firm will take no more writedowns.
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CheckFree Redefines the Online Banking Experience to Help Financial Institutions Build Profitable
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BAI Retail Delivery Conference Booth #2021 - CheckFree Corporation today unveiled its plans for delivering the industry's most comprehensive
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AgCountry Farm Credit Services scholarships available
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AgCountry Farm Credit Services announces that they plan to award 24 $1,000 scholarships to high school seniors from eastern North Dakota
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EarthLink to Present at Credit Suisse Conference
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EarthLink , one of the nation's leading Internet service providers (ISPs), today announced that it will present at the Credit Suisse 2007 Annual Technology Conference
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Basic Finance Lacking in Developing Countries, says World Bank
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The World Bank says between 50 and 80 percent of adults in many developing countries have poor access to financial services.
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LandAmerica To Present at the Credit Suisse Insurance and Asset Management Conference 2007
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LandAmerica Financial Group, Inc. , Fortune magazine's number one Most Admired Company in the mortgage services industry
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San Antonio Citizens Federal Credit Union Rolls Out Aimbridge Lending Solutions’ Loan Generation
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Aimbridge® Lending Solutions, an integrated provider of multi-channel, multi-lender auto buying and lending services, announced today that San Antonio
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The best little deal in banking
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Credit unions offer sweet deals on credit cards and auto loans, the best CD rates in the business and heaps of personalized services. And yes, you too can join one.
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Magellan Health Services to Present at 2007 Credit Suisse Healthcare Conference
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Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that Steven J. Shulman, chairman and chief executive officer of the Company
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Circuit City Stores, Inc. Extends Credit Card Relationship with JPMorgan Chase
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Circuit City Stores, Inc. today announced that it has extended its credit card agreement with JPMorgan Chase & Co., the financial services company that provides consumer financing
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Polymer Group 'BB-' credit rating affirmed on proposed stock offering - S&P
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Standard & Poor's Ratings Services affirmed its ratings, including the 'BB-' corporate credit rating with negative outlook on Polymer Group Inc
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Large regional US banks to face declining profits on credit challenges - S&P
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Standard & Poor's (NYSE:MHP) Ratings Services said it expects profits for large regional US banks to decline as credit challenges mount,
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Movers & Shakers
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Anna M. Lopez has joined Heartland Humane Society as the new resource development director.
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You owe, you owe, so off to work he goes
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He’s the guy on the other end of the line when your traffic fines go unpaid month after month.
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Credit Counselor Mark Foster Teaches Financial Responsibility
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Young couples struggling to balance income with expenses. Families mired in credit card debt.
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The Savings Game: How valuable is a credit score?
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I always cancel credit cards I've stopped using even if closing the accounts hurts my credit score by raising my debt-to-credit ratio.
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Omnicare to Present at the Credit Suisse Healthcare Conference
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Omnicare, Inc. (NYSE:OCR), the nation's leading provider of pharmaceutical care for the elderly, announced today that it will participate in the Credit Suisse Healthcare Conference
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ABX warns of credit default on DHL payment dispute
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Air cargo services provider ABX Air Inc (ABXA.O: Quote, Profile , Research) on Friday warned of a credit default as it seeks to resolve a dispute with a major customer regarding reimbursement
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Agencies Lower Six Flags' Credit Ratings
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Standard & Poor's Ratings Services and Moody's Investor Services on Friday reduced Six Flags Inc.'s credit ratings
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Banks warn of further credit losses
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More warnings from some of the nation's largest banks of additional losses on mortgage assets Friday had investors worrying that more shoes have yet to drop in the credit crunch.
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Turnpike Authority is told that credit rating may be lowered
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The Massachusetts Turnpike Authority was warned yesterday that its credit rating may be lowered because toll hikes
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Former GM Credit Union Finds New Life by Extending Services to the People of Sandy Springs
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Fidelity Federal Credit Union is proud to announce its relocation to Sandy Springs and change in Federal charter to extend its services
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Global Crossing to Participate in Credit Suisse High Yield Media and Telecom Conference
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Global Crossing , a leading global IP solutions provider, today announced that CFO Jean Mandeville and CMO Gary Breauninger will participate in Credit Suisse's
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Cincinnati Financial Corporation to Present at Credit Suisse Insurance and Asset Management
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Cincinnati Financial Corporation announced today that the company will participate in the Credit Suisse Insurance and Asset Management Conference.
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20 Mortgage Service Providers Added to Calyx Software Network
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For Calyx Software Cory Jones, 678-781-7203 Calyx Software(R), the mortgage industry's leading provider of loan marketing
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Credit Union Honored For Hispanic Service Center
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The Finance Center Federal Credit Union in Indianapolis has been honored for the opening of a Hispanic service center.
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Assurant's Michael J. Peninger to Present at Credit Suisse Insurance and Asset Management Conference
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Assurant, Inc. ("Assurant") , a premier provider of specialty insurance and insurance-related products and services, announced today that Michael J. Peninger
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LHC Group to Present at Credit Suisse 2007 Health Care Conference
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LHC Group, Inc. (NASDAQ: LHCG), a leading provider of post-acute healthcare services primarily in non-urban markets in the United States
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S&P to Lower Rating on URI After Buyout
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Standard & Poor's Ratings Services said Wednesday it plans to lower its corporate credit rating on United Rentals Inc.
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ProQuest assigned corporate credit rating of 'B+' - S&P
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Standard & Poor's (NYSE:MHP) Ratings Services said it assigned a 'B+' corporate credit rating to library content provider ProQuest.
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Debt Settlement Program vs. Consumer Credit Counseling Services (CCCS)
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Consumer Recovery Network (CRN) is announcing a variety of Debt Settlement Programs that are now available to give consumers an alternative to the traditional Consumer Credit Counseling Services
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Deluxe to Present at Credit Suisse Investor Conference
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Deluxe Corporation announces today that management will present at the Credit Suisse 2007 Leveraged Finance Media & Telecom Conference in New York
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First Cash Completes Current Share Buyback Authorization; Buyback of Up to 1,000,000 Shares
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First Cash Financial Services, Inc. (Nasdaq:FCFS) announced that it completed the 2,000,000 share stock repurchase program authorized by its Board of Directors in June 2006
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BECU Selects TuVox to Deliver World Class Voice Self-Service
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One of the Top 5 US Credit Unions to Implement Next-Generation Voice Self-Service and Conversational Routing Solutions
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Credit crunch fells Citigroup chief Charles Prince
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CITIGROUP boss Charles Prince has become the second Wall Street heavyweight in a week to fall victim to the credit crisis.
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Stocks drop as Citi fuels credit jitters
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Stocks dropped on Monday as Citigroup Inc's (C.N: Quote) warning of swelling loan losses fanned a sell-off in financial services companies
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Putting an End to Abusive Lending
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When members of the House Financial Services Committee meet this week to put the finishing touches on a bill to curb abusive mortgage lending, they need focus only on how to make a good bill better.
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ETF INVESTING: Credit Market Concerns Rattle Financials, Home Builder ETFs
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U.S. financial stocks fell to multiyear lows this week over growing concern that banks may be on the hook for additional write-downs for subprime mortgages
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DeWitt Food Services adds credit card option
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DeWitt Public Schools Food Service program announces a new credit card payment option.
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Volunteers needed for United Way’s tax prep services
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Aloha United Way’s family and individual self-sufficiency program needs volunteers to help at its free tax assistance sites across the state.
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Option One’s credit lines reduced
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H&R Block Inc. on Friday said lenders had reduced two credit lines to its Option One subprime mortgage unit and terminated two others
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UnitedHealth buys Fiserv's health units
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UnitedHealth Group Inc., the nation's second biggest health insurer, said Friday it would expand its benefit services portfolio through the acquisition of Fiserv Inc.'s health-related
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Wall Street jobs crunched in credit squeeze
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THE focus has been on the top of the perch amid the US subprime crisis, especially since the departure of Merrill Lynch boss Stanley O'Neal.
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First Farm Credit hires vice president
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Shaun Gress has joined the Ottawa Branch of First Farm Credit Services as vice president of commercial lending.
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Downgrades outpace upgrades in global credit markets in Q3 - S&P
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Standard & Poor's (NYSE:MHP) Ratings Services said downgrades outpaced upgrades among globally rated financials and non-financials in the third quarter
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IBM's Ratcheting Up Its Security Offerings To Be One-Stop Shop
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IBM is shelling out $1.5 billion next year to tailor a strong suit.
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CIBER to Participate at the Credit Suisse IT Services/Processors Conference
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CIBER, Inc. today announced that Mac Slingerlend, President and Chief Executive Officer and Peter Cheesbrough, Chief Financial Officer, will participate at the Credit Suisse IT Services/Processors Conference
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Smurfit-Stone's Corporate Credit Rating Raised by Standard & Poor's
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Smurfit-Stone Container Corporation's corporate credit rating was raised by Standard & Poor's (S&P) Ratings Services from 'B' to 'B+'.
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Farm Credit Services earnings up for year
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Farm Credit Services of America, a cooperative agricultural lender based in Omaha, said Thursday that its earnings for the first nine months of 2007
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Moody's says television writers' strike won't affect credit of media companies
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Moody's Investors Services Thursday said a strike by movie and television writers wouldn't have any credit implications for media companies
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S&P Warns It May Downgrade Kraft Foods
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S&P Puts Kraft Foods Credit Ratings on Watch for a Possible Downgrade Due to Dairy Costs
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