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  • Saturday, November 26, 2005

    Top Sport Utilities on MSN AutosThe most popular sport-utility vehicles


    Top Sport Utilities on MSN Autos
    The most popular sport-utility vehicles on MSN Autos, based on visits to the site's vehicle research pages during the third quarter of 2005.
    compiled by MSN Autos

    U.S. Bank Announces Emergency Assistance Program (Business Wire via Yahoo! Finance)
    MADISONVILLE, Ky.----Nov. 25, 2005-- U.S. Bank has established a special financial assistance program to aid residents and businesses suffering damages from the recent tornado in Madisonville and Hopkins County.

    Consumer Loan And Savings Rates (San Jose Mercury News)
    A sampling of financial institutions was asked to quote the most recent lowest annual percentage rates they would charge a new loan customer with an annual income from $30,000 to $35,000 and good credit standing. Qualifications for borrowing and finance charges vary among institutions. Rates may differ from branch to branch. Some institutions provide lower rates to existing customers.

    Abbott Koloff: Businesses owners say they were never told loans meant for 9/11 losses (DailyRecord.com)
    The owner of a muffler shop says he needed money to purchase a business in Roxbury three years ago, so he took out a loan through a government agency. He was told this week that the loan was part of a program to help businesses hurt by the Sept. 11 terrorist attacks.

    Silver spoons and rusted wrenches (Montana Standard)
    The U.S. auto industry is dead. With General Motors announcing, days before Thanksgiving, 30,000 more layoffs and nine plant closings, the Rust Belt just got the final strike of the sledgehammer. When GM finally goes down for good, all the rusted remains of that region will crumble.

    2005 Frankfurt Motor Show
    MSN Autos brings you highlights from one of Europe's major shows.
    Editors of MSN Autos

    Preview: 2006 Ford Fusion
    Ford's most important sedan launch since the Taurus.
    Perry Stern

    America's Most Loved New Vehicles
    Discover which new cars and trucks Americans love the most . . .
    Editors of MSN Autos

    Spotlight: Capitalizing on change (International Herald Tribune)
    Under Rodolfo De Benedetti, CIR has evolved into a diverse collection of businesses, including one of the biggest Italian editorial groups, an energy producer and an auto-parts manufacturer.

    Frankfurt Motor Show Favorites
    Public days for this huge auto show run through September 25, and concept cars continue to be a big draw. Our editors pick their ten favorites.
    Editors of MSN Autos

    posted by Charlie Cory at 4:00 PM  

    Silver spoons and rusted wrenches (Montana Standard) The U.S. auto


    Silver spoons and rusted wrenches (Montana Standard)
    The U.S. auto industry is dead. With General Motors announcing, days before Thanksgiving, 30,000 more layoffs and nine plant closings, the Rust Belt just got the final strike of the sledgehammer. When GM finally goes down for good, all the rusted remains of that region will crumble.

    posted by Charlie Cory at 4:00 AM  

    Friday, November 25, 2005

    Spotlight: Capitalizing on change (International Herald Tribune) Under Rodolfo De


    Spotlight: Capitalizing on change (International Herald Tribune)
    Under Rodolfo De Benedetti, CIR has evolved into a diverse collection of businesses, including one of the biggest Italian editorial groups, an energy producer and an auto-parts manufacturer.

    Fitch Rates Chase Auto Owner Trust 2005-B 'AAA' (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 22, 2005--Fitch rates Chase Auto Owner Trust 2005-B as follows: $395,000,000 class A-1 4.41% asset-backed notes 'AAA'; $302,000,000 class A-2 4.77% asset-backed notes 'AAA'; $415,000,000 class A-3 4.84% asset-backed notes 'AAA'; $256,880,000 class A-4 4.88% asset-backed notes 'AAA'; $31,750,000 4.97% asset-backed certificates 'AA-'.

    Mercury marketing blitz aimed at putting more women in vehicles (MENAFN)
    Mercury marketing blitz aimed at putting more women in vehicles

    Taft unveils package to boost auto industry (The Toledo Blade)
    COLUMBUS - On the same day General Motors said it planned to cut about 1,100 jobs from its Moraine plant near Dayton, Gov. Bob Taft announced a package of tax credits, grants, and loans to boost the industry.

    Abbott Koloff: Businesses owners say they were never told loans meant for 9/11 losses (DailyRecord.com)
    The owner of a muffler shop says he needed money to purchase a business in Roxbury three years ago, so he took out a loan through a government agency. He was told this week that the loan was part of a program to help businesses hurt by the Sept. 11 terrorist attacks.

    posted by Charlie Cory at 3:03 PM  

    Fitch Rates Chase Auto Owner Trust 2005-B 'AAA' (Business Wire


    Fitch Rates Chase Auto Owner Trust 2005-B 'AAA' (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 22, 2005--Fitch rates Chase Auto Owner Trust 2005-B as follows: $395,000,000 class A-1 4.41% asset-backed notes 'AAA'; $302,000,000 class A-2 4.77% asset-backed notes 'AAA'; $415,000,000 class A-3 4.84% asset-backed notes 'AAA'; $256,880,000 class A-4 4.88% asset-backed notes 'AAA'; $31,750,000 4.97% asset-backed certificates 'AA-'.

    Japanese shares seen falling, CPI data eyed (Reuters via Yahoo! Asia News)
    TOKYO, Nov 25 (Reuters) - The Nikkei share average is expected to fall on Friday after a six-day winning run as investors worry that a rally in chip-related shares such as Advantest Corp. may be overdone.

    Java Card goes contactless (Java World)
    November 28, 2005 Sun Microsystems has increased the reach of its Java Card platform by about 10 centimeters. The company has released its Java Card operating system for contactless smart cards.

    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 21, 2005--A look under the hood of the U.S. auto loan asset-backed securities sector shows a shifting corporate environment and changing collateral and deal structures, prompting Fitch Ratings to update its methodology for rating U.S. auto loan ABS.

    posted by Charlie Cory at 2:00 AM  

    Thursday, November 24, 2005

    Up Next (CBS News) Ed Bradley profiles Yankees superstar Derek


    Up Next (CBS News)
    Ed Bradley profiles Yankees superstar Derek Jeter, and has a revealing chat with Jeter's mom. See the report this Sunday on the 38th season premiere of 60 Minutes .

    posted by Charlie Cory at 2:00 PM  

    Women car buyers getting 'raw deal' (The Scotsman) CAR dealers


    Women car buyers getting 'raw deal' (The Scotsman)
    CAR dealers are charging women hundreds of pounds more than men for identical vehicles, research claimed yesterday.

    Spain's GDP rises 0.8 percent in 3Q (BusinessWeek)
    NOV. 23 5:48 A.M. ET The Spanish economy continued to grow at a healthy pace during the July-September period, backed by strong domestic demand and rising exports, final data published by the National Statistics Institute, or INE, showed Wednesday.

    Lowest-Priced New Vehicles for 2006
    Low price doesn't mean skimping on safety equipment anymore; some lowest-priced new cars include six standard airbags.
    Ann Job

    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 21, 2005--A look under the hood of the U.S. auto loan asset-backed securities sector shows a shifting corporate environment and changing collateral and deal structures, prompting Fitch Ratings to update its methodology for rating U.S. auto loan ABS.

    Fitch Rates Chase Auto Owner Trust 2005-B 'AAA' (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 22, 2005--Fitch rates Chase Auto Owner Trust 2005-B as follows: $395,000,000 class A-1 4.41% asset-backed notes 'AAA'; $302,000,000 class A-2 4.77% asset-backed notes 'AAA'; $415,000,000 class A-3 4.84% asset-backed notes 'AAA'; $256,880,000 class A-4 4.88% asset-backed notes 'AAA'; $31,750,000 4.97% asset-backed certificates 'AA-'.

    Taft unveils package to boost auto industry (The Toledo Blade)
    COLUMBUS - On the same day General Motors said it planned to cut about 1,100 jobs from its Moraine plant near Dayton, Gov. Bob Taft announced a package of tax credits, grants, and loans to boost the industry.

    Weld Faces Barbs for School Closure (R News)
    William Weld, the Republican candidate for governor, faces criticism for a failed Kentucky school that is now at the center of a federal fraud investigation.

    posted by Charlie Cory at 2:00 AM  

    Wednesday, November 23, 2005

    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business


    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 21, 2005--A look under the hood of the U.S. auto loan asset-backed securities sector shows a shifting corporate environment and changing collateral and deal structures, prompting Fitch Ratings to update its methodology for rating U.S. auto loan ABS.

    Air France-KLM profit more than triples (BusinessWeek)
    NOV. 23 6:33 A.M. ET The net profit of Air France-KLM, Europe's largest airline, more than tripled in the July-September quarter, boosted by the sale of its stake in the Amadeus ticket reservation system, the company said Wednesday.

    posted by Charlie Cory at 2:00 PM  

    Company Description (Zacks.com) AmeriCredit Corp., including AmeriCredit Financial Services, Inc.,


    Company Description (Zacks.com)
    AmeriCredit Corp., including AmeriCredit Financial Services, Inc., have been operating in the automobile finance business since 1992. Through its AFSI branch network, the Company purchases loans made by franchised and select independent dealers to consumers buying late model used and, to a lesser extent, new automobiles.

    Harbor Credit Evaluates Leading Companies in Financial Industry Gives Consumers the Upper Hand (PR Web via Yahoo! News)
    San Diego, CA (PRWEB) (PRWEB) November 22, 2005 -- Harbor Credit s ( http://www.harborcredit.com ) dedication to empowering the consumer with financial know-how is stretching even further, this time by delivering painstaking, unbiased reviews of the leading financial companies that offer automotive, mortgage, credit card, student loans, personal loan and credit report products and services.

    Move to shift auto industry into gear (Cincinnati Business Courier)
    Gov. Bob Taft has launched the Ohio Automotive Revitalization Initiative in an effort to restore competitiveness to Ohio's auto industry and protect Ohio's 150,000 employees in the automotive assembly and parts business.

    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 21, 2005--A look under the hood of the U.S. auto loan asset-backed securities sector shows a shifting corporate environment and changing collateral and deal structures, prompting Fitch Ratings to update its methodology for rating U.S. auto loan ABS.

    posted by Charlie Cory at 2:00 AM  

    Tuesday, November 22, 2005

    Taft unveils package to boost auto industry (The Toledo Blade)


    Taft unveils package to boost auto industry (The Toledo Blade)
    COLUMBUS - On the same day General Motors said it planned to cut about 1,100 jobs from its Moraine plant near Dayton, Gov. Bob Taft announced a package of tax credits, grants, and loans to boost the industry.

    Harbor Credit Evaluates Leading Companies in Financial Industry Gives Consumers the Upper Hand (PR Web)
    Harbor Credit s (harborcredit.com) dedication to empowering the consumer with financial know-how is stretching even further, this time by delivering painstaking, unbiased reviews of the leading financial companies that offer automotive, mortgage, credit card, student loans, personal loan and credit report products and services. [PRWEB Nov 22, 2005]

    Taft Responds to GM s Cuts with Revitalization Initiative (Youngstown Daily Business Journal)
    Nov 21, 2005 4:14 p.m. COLUMBUS, Ohio -- Gov. Bob Taft today proposed new tax credits, grants and loans for automotive manufacturers investing in Ohio.

    Chief of GM says he won't 'run and hide' (USA Today)
    It seems like the disastrous years 1991 and 1992 all over again at General Motors. Now, as then, the big automaker closes plants and cuts tens of thousands of jobs.

    How the Xbox Is Designed to Thrill (BusinessWeek)
    Microsoft teamed up designers from the U.S. and Japan to create a console with an appeal that Redmond hopes will reach beyond gamers

    Campus survival tip (The Huntington Herald-Dispatch)
    College students are bombarded with credit card applications, loans and interest rates. Many students will leave college ten of thousands of dollars in debt. Some steps can be taken to prevent bad credit.

    posted by Charlie Cory at 1:00 PM  

    Indian official: Deal unlikely at summit (BusinessWeek) NOV. 21 2:17


    Indian official: Deal unlikely at summit (BusinessWeek)
    NOV. 21 2:17 P.M. ET A deal on a new global trade treaty is unlikely to come out of next month's World Trade Organization meeting, but the Hong Kong summit won't collapse like the previous one, India's trade minister said Monday.

    Malaysia unveils Islamic REIT guidelines (BusinessWeek)
    NOV. 21 2:27 P.M. ET Malaysia's Securities Commission on Monday unveiled what is believed to be the first-ever guidelines for Islamic real-estate investment trusts, bolstering the country's aim of becoming a regional Islamic financial hub.

    Move to shift auto industry into gear (Cincinnati Business Courier)
    Gov. Bob Taft has launched the Ohio Automotive Revitalization Initiative in an effort to restore competitiveness to Ohio's auto industry and protect Ohio's 150,000 employees in the automotive assembly and parts business.

    Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business Wire via Yahoo! Finance)
    NEW YORK----Nov. 21, 2005--A look under the hood of the U.S. auto loan asset-backed securities sector shows a shifting corporate environment and changing collateral and deal structures, prompting Fitch Ratings to update its methodology for rating U.S. auto loan ABS.

    Frankfurt Motor Show Favorites
    Public days for this huge auto show run through September 25, and concept cars continue to be a big draw. Our editors pick their ten favorites.
    Editors of MSN Autos

    Taft Responds to GM s Cuts with Revitalization Initiative (Youngstown Daily Business Journal)
    Nov 21, 2005 4:14 p.m. COLUMBUS, Ohio -- Gov. Bob Taft today proposed new tax credits, grants and loans for automotive manufacturers investing in Ohio.

    posted by Charlie Cory at 1:00 AM  

    Monday, November 21, 2005

    Up Next (CBS News) Ed Bradley profiles Yankees superstar Derek


    Up Next (CBS News)
    Ed Bradley profiles Yankees superstar Derek Jeter, and has a revealing chat with Jeter's mom. See the report this Sunday on the 38th season premiere of 60 Minutes .

    Jefferson: State's FEMA loans should be forgiven (The Times)
    BATON ROUGE -- As Louisiana wrestles with economic problems caused by hurricanes Katrina and Rita, its officials should not worry so much about oncoming bills from the Federal Emergency Management Agency, U.S. Rep. William Jefferson said.

    Porsche Cayman S Premieres
    The largest show in Europe, the Frankfurt show featured worldwide premieres of 80 concept and production vehicles.
    Editors of MSN Autos

    posted by Charlie Cory at 12:02 PM  

    Car loans can be tricky (Sun-Sentinel) Months after buying her


    Car loans can be tricky (Sun-Sentinel)
    Months after buying her new car, Sandra McLean was surprised to discover the deal was far from done.

    Ragging: Prime accused Renjith remanded (Kaumundi Online)
    Renjith Varghese, final year BSc Nursing student of the School of Medical Education (SME) and prime accused in the sensational ragging case in which a first year girl student was allegedly assaulted sexually and who surrendered before SP S Sreejith has been remanded till December 11 by the court.

    Stock markets likely in for quiet week ahead of US Thanksgiving (Canadian Press via Yahoo! News)
    TORONTO (CP) - Stocks could have a tough time finding direction this week as U.S. markets prepare to close Thursday for Thanksgiving, to be followed by a quiet Friday as many traders depart the trading floor for a four-day weekend.

    Lender Centrix lays off 100 (Denver Post)
    Centrix Financial, a Centennial-based provider of "subprime" auto loans, cut 100 jobs Thursday in a corporate restructuring. "We are doing a consolidation of our two main operating divisions - loan management and loan production," said spokeswoman Lauren Sides.

    Brazil's Improving Economy Drives Loan Growth At Banking Firm (Investor's Business Daily via Yahoo! News)
    Consumers in Brazil are the same as consumers anywhere: Most need loans to buy cars, furniture, appliances and the like.

    Paying Off Your Mortgage Early May Not Be Such a Great Idea (Los Angeles Times)
    Question: I have a good job in Kuwait and want to pay off the mortgage about $80,000 on my home back in the U.S. (The house is valued at $172,000.) I have about $50,000 in a money market account and plan on staying at this job for at least eight more months to earn the rest of the money I'd need.

    Top Sport Utilities on MSN Autos
    The most popular sport-utility vehicles on MSN Autos, based on visits to the site's vehicle research pages during the third quarter of 2005.
    compiled by MSN Autos

    E-Loan charts a new path offline (San Jose Mercury News)
    E-Loan could be a metaphor for the dot-com boom in Silicon Valley. In just two years, the online lender grew from a promising Palo Alto start-up to a high-flying Internet IPO. Then its stock crashed, and giant brick-and-mortar competitors woke up to the promise of the Internet.

    Jefferson: State's FEMA loans should be forgiven (The Times)
    BATON ROUGE -- As Louisiana wrestles with economic problems caused by hurricanes Katrina and Rita, its officials should not worry so much about oncoming bills from the Federal Emergency Management Agency, U.S. Rep. William Jefferson said.

    posted by Charlie Cory at 12:00 AM  

    Sunday, November 20, 2005

    Cash 'burn rate' points to company's performance (Tacoma News Tribune)


    Cash 'burn rate' points to company's performance (Tacoma News Tribune)
    Ask the Fool: What's a "burn rate"?

    Can foreign players enliven China's sluggish auto financing? (People's Daily)
    To date, five auto financing companies run by the world's auto giants including General Motors, Volkswagen AG, Ford Motor Co. and Toyota Motor Corp. have gone into operation in China with the latest one run by DaimlerChrysler operational in Beijing early this month.

    Bad Credit Refinance (Rebuz)
    Ameriquest Mortgage is a source of bad credit refinance loans. Offers bad credit mortgage refinance options on a variety of loan types. Countrywide offers home loans, refinance, personal refinance and Insurance.

    Paying Off Your Mortgage Early May Not Be Such a Great Idea (Los Angeles Times)
    Question: I have a good job in Kuwait and want to pay off the mortgage about $80,000 on my home back in the U.S. (The house is valued at $172,000.) I have about $50,000 in a money market account and plan on staying at this job for at least eight more months to earn the rest of the money I'd need.

    posted by Charlie Cory at 12:00 PM  

    About Me

    Name:Charlie Cory
    Location:Bristol, South Gloucester, United Kingdom

    I am married to my darling Scheela and have 3 beautiful children. I was fortunate enough to be laid off 4 years ago. This enabled me to work from home, and I now make my living from my dining room. I was also able to see my youngest take her first steps. How many working parents are lucky enough to do that!

    View my complete profile

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    Previous Posts

    • Top Sport Utilities on MSN AutosThe most popular sport-utility vehicles
    • Silver spoons and rusted wrenches (Montana Standard) The U.S. auto
    • Spotlight: Capitalizing on change (International Herald Tribune) Under Rodolfo De
    • Fitch Rates Chase Auto Owner Trust 2005-B 'AAA' (Business Wire
    • Up Next (CBS News) Ed Bradley profiles Yankees superstar Derek
    • Women car buyers getting 'raw deal' (The Scotsman) CAR dealers
    • Fitch: Fitch Tunes Up U.S. Auto Loan ABS Criteria (Business
    • Company Description (Zacks.com) AmeriCredit Corp., including AmeriCredit Financial Services, Inc.,
    • Taft unveils package to boost auto industry (The Toledo Blade)
    • Indian official: Deal unlikely at summit (BusinessWeek) NOV. 21 2:17

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