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Credit Research News - November, 2008















HOME :: RESEARCH :: CREDIT :: NEWS :: ARCHIVE

Credit Research News - November, 2008



Now's the Time to Embrace Municipal Bonds

Investors may have jumped out of their tax-exempt bond funds at just the wrong time.



City Hears State Warning: Wall Street Has Come To Main Street

Local governments in need of the credit that will allow them to complete infrastructure projects or make equipment purchases



Buying on layaway seen as alternative to credit

This holiday season, Janet Groschel, 34, of Medford, like many other cash-conscious shoppers, is saying goodbye to credit cards and hello to layaway.



EDITORIAL: Rescue: Federal bailouts may be aimed at wrong target

In the past year, Congress has increased spending by 11 percent to nearly $3 trillion, or $10,000 for every man, woman and child in America.



Forum: Credit crunch saps clean energy effort

President-elect Barack Obama has vowed to promote clean and renewable energy, noting recently that his "presidency will mark a new chapter in America's leadership on climate change."



Spreading Credit Woes Cause Government Intervention

When it comes to the financial markets, September was a startling and unsettling month that Americans may never forget.



Borrowers get gift of lower mortgage rates

Mortgage rates plunged after the Federal Reserve announced that it would buy up to $500 billion of securitized home loans.



What to do when credit terms are tightened

Nordstrom credit card holders recently received an apologetic letter from the service-oriented department store, telling them their credit terms had been tightened.



Cossette Communication Group - Cossette closes credit facilities of $96 million

Cossette Communication Group Inc. ("Cossette" or the "Company") announced today that it has successfully closed credit facilities of $96 million.



Mobile Substitution to Have Bigger Impact Than Credit Crunch on Fixed Voice Spend in Enterprises

The financial crisis may be putting the squeeze on business budgets, but mobile substitution will be a far bigger threat to fixed enterprise voice



Empathy and apathy in ethanol

It's been said that one shouldn't take advice from people with missing fingers, but when talk turns to farm economics



Franklin wants $1 billion credit in case of run

Franklin Resources Inc., manager of the Franklin and Templeton mutual funds, may seek as much as $1 billion in temporary credit to help pay off investors if withdrawal requests surge.



Eye on Ag - Farm Credit

With so much talk about the credit crisis nationally some questions in the ag sector have been raised on what affect that will have for farm loans for the seasons ahead.



S&P lowers ratings outlook on Sirius XM Radio

S&P lowers ratings outlook on Sirius XM Radio to "Negative" on refinancing concerns



Consumers Union Says Federal Government Should Set Standards to Protect Consumers Before Buying

The non-profit Consumers Union said today that the federal government should set detailed standards to ensure that consumers are protected



Fitch Rates Elkhart Gen'l Hospital (Indiana) 2008 Bonds 'A+'; Affs Outstanding at 'A+'

Fitch Ratings assigns an 'A+' rating to Elkhart County Hospital Authority, Indiana's planned issuance of approximately $49.2 million



Goodbye CME Group, Farewell Alliance Data Services

I am tidying up the portfolio as we have too many positions for this type of market where flipping ETFs every 48-72 hours is all that matters



Dan Drechsel Named CEO of FTRANS

FTRANS Corp. announced today that it has named Dan Drechsel as FTRANS' chief executive officer. Drechsel succeeds the company's founder



StillSecure Obtains $5 Million in Venture Debt From Silicon Valley Bank

StillSecure(R), provider of secure network infrastructure solutions, today announced that it has secured $5 million in venture debt financing from Silicon Valley Bank



Dollar Wise: How to stay out of debt during the holidays

To say budgeting is important this holiday season is an understatement.



Fitch Rates Presbyterian Healthcare Services (New Mexico) $225MM Hosp Revs 2008 B, C & D 'AA-/F1+'

Fitch Ratings has assigned 'F1+' short-term ratings and affirmed the 'AA-' long-term ratings on the $225,000,000 New Mexico Hospital Equipment Loan Council



Online black market valued at nearly $300 million

The value of the underground Internet economy in fraud and stolen goods reached over $276 million in the period between July 2007 and June 2008, according to a report published Monday.



The Stilwell Group Insists Kingsway Financial Services Inc. (KFS) Board Take Responsibility

The Stilwell Group ("The Group") met with Kingsway Financial Services ("Kingsway") officials on Saturday, November 21, 2008 in Toronto.



U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit (Update2)

The U.S. government is prepared to provide more than $7.76 trillion on behalf of American taxpayers after guaranteeing $306 billion



New Rent-A-Center Campaign Promotes Credit-Free Alternatives

Rent-A-Center (NASDAQ: RCII) (www.rentacenter.com) launched a multi-media campaign today in which Chief Executive Officer Mark Speese



Perini Corporation Q3 2008 Earnings Call Transcript

Perini Corporation (PCR) Q3 2008 Earnings Call Transcript November 6, 2008, 4:30 pm ET



Omniture SiteCatalyst Now Available for Google Android-Based Mobile Phones

Omniture Continues to Innovate and Extend Mobile Access to SiteCatalyst for Online Business Analytics



Falls school chief used district credit card at will

As chief of the Niagara Falls School District, Carmen A. Granto has overseen more than $1 billion in spending on city schools.



ITEX Corporation Announces Credit Facility Increase

ITEX Corporation , The Membership Trading Community(SM), a leading marketplace for cashless business transactions in North America



No, Virginia, There Isn't Bailout Help for You

I'm looking for the fine print in the various U.S. bailout provisions that says ``here's the money that's going to make average Americans confident



Symantec says Internet underground economy is organized and rich

Did you know that you can buy a keystroke logger for $23 or pay $10 to have someone host your phishing scam?



For many homeowners, getting help can be frustrating

Colorado Springs homeowner and artist T. Benton Brooks isn't in foreclosure — yet.



Retailers find the old-fashioned layaway service is attracting new, credit-strapped customers

Layaway is cool again. You remember layaway, right?



Vacationing -- on the installment plan

Longing for a vacation but can't quite afford it? Get ready for layaway -- and some tough questions to go along with it.



Olivet native is GreenStone specialist

GreenStone Farm Credit Services has announced the hiring of Brandon Walters as a new crop insurance specialist in its Charlotte branch.



6 questions for those considering bankruptcy

If mounting credit card bills are threatening to pull you under, you may be considering bankruptcy as a way to hit the restart button.



Tightening credit puts squeeze on college hopefuls

When Bluffton High School senior Zach Aaron learned his college of choice was going to cost $40,000 a year, he knew it would take significant financial help to go there.



Financial Security Assurance Inc. Issues Statement in Response to Announcement of Moody's Downgrade

In response to Moody's Investors Service's (Moody's) downgrade of bond insurer Financial Security Assurance Inc. (FSA) to Aa3 with developing outlook, Robert P. Cochran



Small Talk: Year-end planning gets more complex for businesses

One of the most important tasks for small business owners is a year-end checkup of their companies' financial health.



Fitch Affirms 2 Series of Education Services Foundation Student Loan Asset-Backed Bonds

Fitch Ratings has affirmed series 1996-A and series 2000-A of student loan asset-backed notes issued by Educational Services Foundation 1996 Indenture.



Horizon Lines Makes $7.5 Million Voluntary Debt Payment

Horizon Lines, Inc. , today announced that it has made another voluntary debt reduction payment of $7.5 million on its revolving credit facility.



Fitch Rates DASNY $41MM School Revs 2008C 'A+' & $48MM 2008D 'A'; Outlook Stable

Fitch Ratings assigns an 'A+' underlying rating to approximately $40,835,000 Dormitory Authority of the State of New York (DASNY)



S&P lowers Autoliv's corporate credit rating

S&P cuts Autoliv's long-term corporate credit rating to "BBB+" partly on market pressures



deltathree Secures Release of Additional Working Capital

deltathree, Inc. , a leading provider of Voice over Internet Protocol (VoIP) hosted communications solutions for resellers



With economic crisis making credit scarce, bartering is booming

In this tough economy, Valerie Whitlock uses two forms of currency: money and barter.



Gilda's Club NYC Offers Affinity Credit Card to Help New Yorkers Living with Cancer

Roseanne Roseannadana would. So would Emily Litella and Baba Wawa. Now New Yorkers living with cancer, and those who support them



Wal-Mart credit letter boosts King memorial

Financing for the planned national memorial for Dr. Martin Luther King Jr. received a major boost Thursday with Wal-Mart Stores Inc.



Profit in real estate is made when you buy, not when you sell

Buying real estate as an investment is an art not practiced by many who call themselves investors. If you have to sell a property to make a profit, it's not an investment,



GMAC seeks bailout

General Motors' finance arm seeks capital infusion from Treasury as it files to become bank holding company.



Citigroup Tries to Stop the Drop in Its Share Price

For months, the nation’s largest banks have struggled to regain investors’ trust. In the center of the vortex is Citigroup,



Farm Credit Services posts sizable gain in net income

Northwest Farm Credit Services, of Spokane, has reported third-quarter net income of $39 million, up from $28.4 million in the year-earlier quarter.



Jack Henry & Associates Announces 103rd Mobile Banking Customer

Jack Henry & Associates, Inc., a leading provider of integrated technology solutions and data processing services for financial institutions



Heartland Payment Systems Named Best Service Company to Sell For

Honor Recognizes Heartland's Commitment to Providing Its Sales Force with Support, Opportunity and Benefits



Sallie Mae Announces 1,100 New Jobs in Delaware

Sallie Mae Opens New Operations Center in Newark, Contributes $25,000 to United Way of Delaware



Ahead of the Bell: Financial Services

U.S. financial companies need an additional $1 trillion to $1.2 trillion in capital to restore confidence to the and improve liquidity



America First Credit Union Selects XO Communications for Network Services

Nation's 6th Largest Credit Union Taps XO to Expand Network Capacity and Redundancy



CashNetUSA Selects DataX as a Provider of Real Time, Transaction Based Credit Reporting

DataX, Ltd., a leading online provider of credit reporting and data services today announced that CashNetUSA



GE Money and Volvo sign agreement for auto repair and services financing

GE Money, a provider of retail banking and credit services to consumers and retailers and a business unit of General Electric Company (NYSE:GE),



PayPal to Offer Holiday Credit Lines

At a time when money is tight, eBay Inc.'s PayPal unit plans to offer consumers credit lines for online holiday purchases in a bid to expand its online-payments business.



First California Financial Group Announces Passing of Chief Credit Officer

First California Financial Group, Inc. (NASDAQ: FCAL) today announced that Walter Duchanin, executive vice president and chief credit officer of its subsidiary



MDU Communications' Preliminary Fiscal '08 Year End Results Boast Record Revenue, Record EBITDA

Preliminary fiscal year end '08 revenue up 42% over fiscal '07 to $23.6M - Preliminary fiscal year end '08 EBITDA (as adjusted) exceeds $4.3M compared to $250,234 in fiscal '07



Vengroff, Williams & Associates, Inc. Streamlines Accounts Receivables Processes by up to 50 Percent

Global Finance and Accounting Outsource Provider Exceeds Goals With Third-Party Collections to Accelerate Cash Flow Across Multiple Industries



North Jersey Federal Credit Union Selects Dynamic Marketing Systems to Automate, Support Marketing

Utilizes marketing resource management solution to produce cohesive marketing materials



UPDATE: More Insurers In Line for TARP Funds

Days after the deadline for financial institutions to apply to receive capital from the Treasury Department, only three insurers have announced their intention to apply



Leap Brings Its Cricket(R) Unlimited Wireless Phone and Internet Services to the Upper Midwest

Southern Wisconsin Launch is First Step in Leap's Plans for a Significant Regional Cricket Footprint



Citizens Financial Services, Inc. Announces that it Did Not Apply for Participation in the U.S.

The Board of Directors of Citizens Financial Services, Inc. (the "Company") announced that it has decided not to apply for participation in the U.S. Treasury Department's



Microsoft Releases SharePoint, Exchange As A Service

More than 7,000 companies and organizations signed up to participate in the multitenant beta for Exchange Online and SharePoint Online.



Consumers Union Offers Tips for Paying Online as Holiday Shopping Season Approaches

Consumers shopping online this holiday season should be aware that not all payment options offer the same level of protection



Strategies for booking hotels on a budget

When the economy was booming, many hotel companies began building new properties.



Fixnetix Signs Major Global Hosting Contract with Credit Suisse

Provides Leading Investment Bank with Co-Location and Direct Connectivity to European Exchanges & Mtfs; EnablesDelivery of Ultra-Low Latency Market Data and Trading Access



Peak Earnings and the Secular Stocks Bear Market

Before we explore the concept of Peak Earnings let's take a look at the mad rush by financial institutions to become banks or bank holding companies. I will tie the ideas together in just a bit.



Credit Card Companies Slash Spending Limits On Card Holders

Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards.



As U.S. banks retreat, credit unions step up loans

Some U.S. consumers hit hard by the credit and foreclosure crisis are finding that down-sizing their lender is paying dividends.



Getting to the other side

Plummeting investments. Rising mortgage payments. Huge debts. Stagnant wages.



American Express: Nowhere Near Its Credit Limit

AmEx has plenty of cash to weather this crisis. A misunderstood stock.



The Meltdown That Wasn't

On Friday, the Federal Reserve, SEC and CFTC announced an agreement to begin anointing "central counterparties" for the credit default



2nd UPDATE: Hartford To Convert To S&L To Tap Treasury Funds

In a move that highlights the contortions companies are undergoing to weather the credit crisis, the venerable but battered insurer Hartford Financial Services Group Inc.



WEBSITE BRINGS INFORMATION ON IDENTITY THEFT SERVICES AND PREVENTION

With good technology, there is also bad technology. The internet has proven to become a useful tool in our everyday lives



Citigroup raising rates for some US cardholders

Citigroup Inc. said Friday it is raising rates for some of its U.S. credit card customers after losses in its global card division skyrocketed



UPDATE 2-U.S. regulators to cooperate on CDS clearing house

Top U.S. financial regulators and agencies agreed on Friday to cooperate on developing a central clearing infrastructure for credit default swaps



iPayment to Present at the Bank of America 2008 Credit Conference

iPayment, Inc. today announced that it will participate in the Bank of America 2008 Credit Conference to be held November 19-21, 2008, in Orlando, Florida.



Carmaker crisis hits suppliers

The fallout from the financial crisis in the auto industry is reverberating down the parts supply chain of Detroit's Big Three



Business groups compile G-20 wish lists

Business groups are seeking to use this weekend's international economic summit to put their stamp on any regulatory reform



CIT Group applies to become bank holding company

CIT Group Inc. said Thursday it has applied to the Federal Reserve to become a bank holding company, a move which would make the commercial finance firm eligible



Hecker sues over axed credit

Parts of his auto empire might be forced to seek Chapter 11 bankruptcy protection.



MedCath Corporation Reports Fourth Quarter Earnings, Enters New Credit Facility

MedCath Corporation , a healthcare provider focused on high acuity healthcare services, predominately the diagnosis and treatment of cardiovascular disease



InSight Health Services Holdings Corp. Reports Results for the First Quarter Fiscal 2009

InSight Health Services Holdings Corp. ("InSight") today announced its financial results for the first quarter ended September 30, 2008.



PowerSecure Expands Credit Facility to $50 Million to Finance Growth Initiatives

Expanded Facility Enables $70 Million of Total Financing Including the Capability to Lease $20 Million of Distributed Generation Equipment



Spirit Chief Executive Jeff Turner Speaking at Credit Suisse Aerospace and Defense Finance Conf.

Spirit AeroSystems, Inc. President and Chief Executive Officer Jeff Turner will speak at the Credit Suisse Aerospace



SunGard Named a Top Solutions Provider to Financial Services Industry and Places First in Capital

SunGard has been named a preferred vendor to the financial services industry in the annual Financial Technology (FinTech) Rankings



Alliance Data Signs Long-Term Contract Renewal with Leading Specialty Retailer The Buckle

Continues Private Label Credit Card Services to Drive Multi-Channel Sales,



Wall Street's Land of Make Believe

Dungeons & Dragons is a game of make-believe, in which you get to imagine yourself playing any character you want:



X-Rite Receives Credit Rating Upgrades from both Moody's Investors Service and Standard & Poor's

X-Rite, Incorporated today announced that both Moody's Investors Service (Moody's) and Standard & Poor's Ratings Services (Standard & Poor's)



Municipal Employees Credit Union Selects Fidelity National Information Services' MISER(R) Core

Fidelity National Information Services, Inc. (FIS) today announced that Maryland-based Municipal Employees Credit Union



The Risk Management Association and Automated Financial Systems' Risk Analysis Service Third Quarter

The Risk Management Association (RMA), in alliance with Automated Financial Systems, Inc. (AFS), today released third quarter of 2008 Risk Analysis Service



Equity Based Services, Inc. Thaws Credit Freeze

Equity Based Services, Inc. ("EBS") Successfully Refinances a Portfolio Property in Austin, TX with a Midwest based Regional Bank



Complete Credit Repair Only $1,499.00 by Credit Restoration Consultants

Experts are talking recession and families are wondering how to protect their financial security.



Consumer Credit Counseling Service of Central Oklahoma Inc. (CCCS)

About the company ?Founded: 1967. ?Address: 3230 N Rockwell Ave., Bethany.



MAXIMUS Offers Tax Credit Services to For-Profit Companies Impacted by Storms

Was your business impacted by Hurricane Katrina or the mid-west floods?



CORRECTING and REPLACING HP Introduces Total Care Access Card to Help Small Businesses Work Smarter

Second footnote should read:Offer valid November 3, 2008, through April 30, 2009. Customers will be able to redeem offers through May 31, 2009



Digital Dialogue Adds Nine New Credit Unions in Q3 2008

Digital Dialogue, a PSCU Financial Services company and nationwide provider of 24/7 call center operations and software solutions



Dealership, credit service together aid a new class of auto buyer

The nation's struggling economy has created a whole new "class" of consumer, and a newly formed partnership between Vallejo's Team Superstore



LenderLive Provides Services To State Department Federal Credit Union

LenderLive Network Inc., a company that provides business process outsourcing and technology to the financial industry



CIGNA Corporation and Ronald A. Katz Technology Licensing, L.P. Settle Patent Lawsuit

CIGNA Corporation, one of the largest investor owned health and related benefits organizations in the United States headquartered in Philadelphia



American Express to be bank holding company

American Express, the last big independent U.S. credit card company, said late Monday that it would transform into a bank holding company



Fitch Rates Lower Colorado River Authority's (TX), $300MM Rfdg and Improve. Revs, Ser 2008A 'A+'

Fitch Ratings has assigned an 'A+' rating to Lower Colorado River Authority's (LCRA), $300 million refunding and improvement revenue bonds



Magellan Health Services to Present at Credit Suisse 2008 Healthcare Conference

Magellan Health Services, Inc. announced today that Rene Lerer, M.D., president and chief executive officer of the Company



Ziegler Announces Third Quarter Financial Results

The Ziegler Companies, Inc. (symbol:ZGCO), a diversified financial services holding company, today released its financial results



LenderLive Provides State Department Federal Credit Union with Loan Fulfillment, Web Site Hosting

LenderLive Network Inc., a company that provides business process outsourcing and technology to the financial industry



A.M. Best Affirms Ratings of American International Group, Inc.and Its Subsidiaries;Assigns Negative

A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the insurance subsidiaries of American International Group, Inc. (AIG)



Retailers tighten credit card standards

While it may sound enticing to save 15 percent off your purchase at the checkout counter by applying for that retail credit card



PharMerica to Present at 2008 Annual Credit Suisse Health Care Conference

PharMerica Corporation (NYSE: PMC), a national provider of institutional pharmacy and hospital pharmacy management services



A Bailout for Metro

THE CREDIT crisis has pushed transit agencies to the brink of financial catastrophe. At least 30 transit agencies



Business people

Dr. Javier Finkielman, St. Alexius Medical Center, recently accepted the position of associate medical director-quality.



Short-term borrowers have choice of lenders

Credit unions are gearing up to grab customers from payday lenders, emboldened in Arizona by last week's voter rejection of Prop. 200.



AgCountry Farm Credit hires three

AgCountry Farm Credit Services has hired Todd Kaiser as a business analyst serving customers in Minnesota and North Dakota



Craigslist to charge for erotic services ads

Craigslist, the famed pioneer of free online classified advertising, announced Thursday that one type of advertising will soon no longer be free: those for erotic services.



DTCC Trade Information Warehouse Completes Credit Event Processing for Washington Mutual

The Depository Trust & Clearing Corporation (DTCC) announced that its Trade Information Warehouse (Warehouse)



Ford Credit Reports 3Q Net Income Of $95 Million Vs $334 Million In '07

Ford Motor Credit, the financing arm of Ford Motor Co. (F), reported third quarter net income of $95 million, a decline of more than 70% from a year ago.



Money Management Tips for the Newly Unemployed

Failure to Maintain Good Credit Can Hurt Chances of Finding New Job



Chemed Corporation to Present at the 2008 Credit Suisse Annual Health Care Conference

Chemed Corporation today announced that it will deliver a presentation at the 2008 Credit Suisse Annual Health Care Conference on Thursday, November 13, 2008



GP Strategies, Dialysis Corp. land more credit in tight times

Despite the tight credit market, two fast-growing Greater Baltimore companies landed multimillion-dollar increases in their bank credit lines this week.



BancTec Executive Invited to Speak for 11th Straight Year at University of North Carolina Treasury

BancTec, a global provider of advanced, high-volume document and payment processing solutions and services, announced that Paul Diegelman



Small Businesses Put Price First When Choosing Credit Card Processors

A survey recently conducted by Transparent Financial Services (TransFS), shows that small businesses put price first when choosing a credit card processing company



Farm Credit Services Increases Number of Scholarships in 2009

Farm Credit Services of Mid-America is rolling out another year of scholarships that will total $45,000 in 2009 awards.



Key Energy Announces Third Quarter Results

Key Energy Services, Inc. announced its results for the quarter ended September 30, 2008.



STRATEGY ANALYTICS: Broadband Posts Q3 Gains, Defies Credit Crunch

After enduring an especially challenging second quarter, US Broadband Service Providers appear to be recovering.



Big area employer ResCap endangered

Large Philadelphia-area mortgage lender Residential Capital LLC, also known as ResCap, may not be able to stay in business



Community Health Systems to Participate in Credit Suisse Phoenix Healthcare Conference

Community Health Systems, Inc. today announced that management will participate in the Credit Suisse Phoenix Healthcare Conference



Bibby Financial Services Helping Businesses Export

Bibby Financial Services recently provided a $2 million facility to a metal products company in Ohio.



Joint technology committee proposed

Clarke County officials will consider a joint technology system for government and school operations.



Stewart Lender Services Announces the Expansion and Restructure of the National Sales Team

Stewart Lender Services, Inc. (SLS), a wholly owned subsidiary of Stewart Title Company announced the strategic restructure of the National Sales Team



The Receivables Exchange Names National Expert on Commercial Financial Services Law as General Couns

The Receivables Exchange ( www.receivablesXchange.com), the world's first online marketplace for real-time trading of accounts receivable



Farm Credit Services, Ohio Soybean Council Scholarships Available

Farm Credit Services of Mid-America – a $16 billion agriculture lending cooperative serving farmers and rural America with offices in Kentucky, Ohio, Indiana and Tennessee



Three Industries That Could Use Government Money

In a year when spreading the wealth has become a political flashpoint, we have to ask: as long as Treasury is looking to lavish its cash on financial institutions



MasterCard Immune To Rough Economy

People's expenses aren't going away during these tough financial times, so many consumers are resorting to plastic for all of their spending needs.



National New Markets Fund Awarded $50 Million Tax Credit Allocation to Invest in Low-Income Communit

Fund Operated by L.A.-Based Strategic Development Solutions and Boston-Based Economic Innovation International Receives Its Third Tax Credit Allocation From U.S. Treasury Department



Dresner Partners Assists A.L.P. Lighting in Obtaining Revolving Credit Facility and Term Loan

Dresner Partners, a Chicago-based middle market investment bank and IMAP member firm, announced today that it assisted A.L.P. Lighting Components, Inc.



The Credit Crisis in Perspective

"In a matter of weeks, the profile of the banking industry has radically changed.



Fedspeak Highlights: Fisher on Inflation Fears, Before And After

Federal Reserve Bank of Dallas President Richard Fisher has been the central bank’s most hawkish policy maker this year, dissenting from the majority during five of his eight voting opportunities this year.



MasterCard's Earnings Jump

The economic downturn is doing wonders for credit card companies--they're benefiting from the cash-strapped consumer's need



Dollar Financial a Buy in Lean Times (Zacks.com) and Webcast Alert

Credit Services industry news provided by Financial News USA (OTC: FNWU). Dollar Financial Corp. (NasdaqGS: DLLR), located in Berwyn, Pennsylvania



Marlin Business Services Corp. Reports Third Quarter Results

Marlin Business Services Corp. today reported a third quarter 2008 net loss of $941,000 or $0.08 per diluted share.



Wells Fargo Announces Cause-Related Giving Relationship With Morris Animal Foundation

Wells Fargo Financial Retail Services, a subsidiary of Wells Fargo & Company , said today it has begun a cause-related contribution relationship



SHARES TRADE LIKE A BANK AHEAD OF RESULTS

Forgive Mastercard (MA) investors if they behave like victim’s of identity theft. Shares of their beloved credit-card transaction processing services



Credit Unions Remain One of the Best-kept Secrets for Financial Services and Housing Finance!

Consumers are deluged with headlines leading them to believe that there is no money available for lending and the tightening of requirements



Express Scripts to Present At Credit Suisse Health Care Conference

Express Scripts, Inc. announced that it will present at the Credit Suisse Phoenix Health Care Conference on November 13, 2008



Credit unions offer alternative to skittish banks

As the banking industry stumbles through the crisis that has gripped the financial world, consumers have a viable alternative to a traditional bank: a credit union.



Historic St. Johns mint farm comes up short

The country's oldest mint farm was peppered with profits Saturday, but not enough to stop it from closing.



BRIEF: Two who used stolen credit cards sought

State police are looking for a white man and white woman who used two stolen credit cards at a Sheetz store in North Huntingdon on Sept. 26



Keeping house on a budget

Susan Miller recently saved $60 a year by requesting a smaller garbage can. Kathy Goebel cut 10 percent from her gas bill by switching



Be wary of businesses claiming they can boost bad credit scores

With foreclosures, short sales and credit-card defaults at record levels, an aggressive breed of firms has sprung up offering to powerwash consumers' damaged


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