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In the news
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Fed cuts growth forecast and warns of downside risks
(Reuters)
Reuters - The Federal Reserve on Wednesday
sharply lowered its forecast for economic growth in 2008 and
said it was worried the economy could face further setbacks
even after a series of aggressive interest rate cuts.
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Better ATM Services Engages Gift Cards, Premiums, and Incentives Firm to Lead Channel Growth: Industry Veteran Peter Friend Will Lead Team
Better ATM Services, a company with patented technology that enables the dispensing of pre-paid gift cards, premiums, and incentives from ATMs, announced today that gift cards, premiums, and incentives industry veteran, Peter Friend, has joined Better ATM Services as a consultant to the firm. Working through his highly regarded incentives and travel incentive firm, Pier 35 Events, Friend adds Better ATMs Services to his existing client roster of leaders in the Gift Cards, Premiums, and Incentives marketplace. Friend and his team will be following up on the high volume industry interest expressed since Better ATMs Services launched late last fall. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/better/services/prweb712114.htm
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Consumer prices post another big gain
(AP)
AP - Consumers paid more to fill up their gas tanks, buy groceries and go to the hospital in January as prices on a range of items climbed.
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Baird Hosts 15th Annual Business Solutions Conference: Senior Business Services Research Analyst Mark Marcon Shares Outlook for Sector
Baird Equity Research will host its annual Business Solutions Conference at the Four Seasons Hotel Boston on February 27-28. More than 60 leading public business services companies will present, including executives from sectors such as customer care, education, facility services, financial technology services, human capital services, information technology, marketing and CRM services, and professional services. Baird anticipates several hundred to attend, including institutional and private equity investors. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/services/baird/prweb713874.htm
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eBusiness Lending Assists Borrowers Through The Lending Maze
Today's market presents potential borrowers with an array of financial choices. These choices are also coupled with a complex set of lending requirements, which sometimes lead borrowers down a financial path to a dead end. Whether assessing a private equity strategy or a business line of credit, eBusiness Lending can help predetermine loan amounts and thus project loan approval by analyzing a borrower's profile, risk, debt ration and UCC code. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb695693.htm
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High Risk Merchant Accounts Receive 99 Percent Approval with MAXX Business Solutions
MAXX Business Solutions announce new 99% approval rating on all their high risk merchant account applications - with no application fees prior to approval. With this high an approval rating, MAXX offer high risk merchants a means to gain access to merchant accounts with numerous credit sources. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb710923.htm
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Oil Price Closed Above $100 a Barrel; World Leaders Ignore this Signal of Impending Shortages, According to TheOilDrum.com
The price for West Texas Intermediate (WTI) oil closed above $100 for the first time on February 19, 2008. "Rising oil prices have been giving a clear signal of pending shortages for over five years now," according to TheOilDrum.com. By ignoring this signal, world leaders are steering the world toward an energy disaster characterized by shortages, high energy prices, inflation, civil unrest and famine. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/peak/oil/prweb711394.htm
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Personal Finance Writer Scott Burns Applies, Extends Famed ''Couch Potato'' Investing Philosophy with Web Startup: Dallas-Based AssetBuilder Offers Low-Cost, Risk-Managed Index Investing Through Pre-Constructed Portfolios Grounded in Financial Science
Nationally syndicated personal finance writer Scott Burns has long been skeptical of Wall Street's high-priced stock pickers and fund managers. Burns developed the widely praised "Couch Potato Portfolio" to demonstrate that diversified index investing could be just as effective as managed-fund investing over the long term - with less risk and at far lower cost. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/assetbuilder/burns/prweb712564.htm
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Major Insurance Companies Compete for Lowest Term Life Insurance Rates
According to AccuQuote.com, premiums for individual term life insurance policies continue to fall to the lowest levels in history. The company expects the current term life insurance rate war to heat up throughout 2008 as major life insurance companies compete for the lowest term life insurance rates. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/life/insurance/prweb699984.htm
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Real Estate Investors Take Cue from Warren Buffett at Upcoming Mobile Home and Mobile Home Park Investing Conference
The sixth annual Mobile Home Millions conference is slated for April 18 through 20, 2008 in Austin, TX. This premier event for real estate investors and professionals will feature some of the biggest names in the mobile home and mobile home park investing arena. (PRWeb Feb 20, 2008)
Read the full story at http://ww1.prweb.com/releases/warrenbuffett/mobilehome/prweb711243.htm
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