| Credit Repair Secrets
At least, that's how many hits I got when I Googled the phrase "credit repair secrets." Most of these, as far as I could tell, offered e-books or services promising quick solutions to bad credit problems. Many hinted at "secrets" that the credit bureaus "don't want you to know." As if Experian and Equifax (NYSE: EFX - News) actually delight in lousy credit ratings! (They don't care either way, as far as I know -- they just try to be accurate.) Many of the services seemed like the kind that Fool Dayana Yochim wrote about a couple of years back -- high-fee, aggressively sold "debt consolidation" services that might or might not end up helping your credit rating. One in particular stood out, though. This outfit (I'm not going to name it) offered guaranteed increases in your FICO score for an up-front fee -- 50 points for $499, 100 points for $999 -- with an ongoing maintenance fee of $10 a month.
Online Mortgage and Financial Portal Expands Consumer Oriented Services
LendingGateway.com is expanding its services to assist the sub-prime credit borrowers to getting the best interest rate possible and helping them gets their credit score up to qualify for a low risk mortgage loan. San Diego, CA (PRWEB) July 30, 2007 -- With the sub-prime mortgage loan industry at a halt. Lenders are finding it difficult to help get the right loan new home buyers and borrowers with sub prime credit. With this in mind LendingGateway.com, a mortgage lender directory offering various financial services to consumers and businesses, is expanding their services to help borrowers improve their credit, consolidate debt, check their credit score, and help to establish credit. "Getting the right loan is still possible even in this stringent market for people with not so good credit," says Alexander Capio, Chief Executive for LendingGateway.com.
Genco Shipping & Trading Limited Announces Second Quarter 2007 Financial Results
NEW YORK, Aug. 1 /PRNewswire-FirstCall/ -- Genco Shipping&Trading Limited (Nachrichten) today reported its financial results for the three months and six months ended June 30, 2007.
The following financial review discusses the results for the three months and for the six months ended June 30, 2007 and June 30, 2006.
Second Quarter 2007 and Year-to-Date Highlights -- Declared a dividend of $0.66 per share, based on Q2 2007 results, payable on or about August 31, 2007 to all shareholders of record as of August 17, 2007; -- Excluding the $1.6 million loss from our foreign exchange swap agreements, we recorded net income of $15.3 million, or $0.61 basic and $0.60 diluted earnings per share; -- Recorded net income of $13.7 million, or $0.54 basic and diluted earnings per share; -- Expanded fleet by 159% on a tonnage basis, by agreeing on the acquisition of nine capesize vessels from companies within the Metrostar Management Corporation group for an aggregate purchase price of approximately $1.1 billion; -- Closed on a new $1.4 billion revolving credit facility with favorable terms; -- Accumulated a 17.31% ownership of the outstanding stock of Jinhui Shipping and Transportation Limited through July 31, 2007, resulting in an unrealized gain of $57.8 million based on the closing price of NOK 67.75 on August 1, 2007; and -- Paid a $0.66 per share dividend on May 31, 2007 based on Q1 2007 results.
Poll: Spitzer Wrong on Bruno, Right on Albany
This is interesting. In a Siena poll out today, 51 percent of respondents said they believe Eliot Spitzer knew what his aides were up to when they tried getting state police to gather information about Joe Bruno. But even more of them - 58 percent - say Spitzer “is committed to reforming Albany." .
Curtiss-Wright Reports 2007 Second Quarter and Six Month Financial Results; Increases Guidance
Second Quarter 2007 Operating Highlights -- Net sales for the second quarter of 2007 increased 18% to $365.6 million from $309.6 million in the second quarter of 2006. -- Operating income in the second quarter of 2007 increased 16% to $38.4 million from $33.1 million in the second quarter of 2006. -- Net earnings for the second quarter of 2007 increased 1% to $21.4 million, or $0.48 per diluted share, from $21.1 million, or $0.48 per diluted share, in the second quarter of 2006. Net earnings for the second quarter of 2006 were favorably impacted by a lower effective tax rate resulting from one-time tax benefits of $3.6 million. Six Months 2007 Operating Highlights -- Net sales for the first six months of 2007 increased 18% to $698.2 million from $592.2 million in the first six months of 2006.
Equity Residential Reports Second Quarter Results
Equity Residential (NYSE:EQR) today reported results for the quarter and six months ended June 30, 2007. All per share results are reported on a fully diluted basis. "The first half of 2007 produced good operating results with same-store revenue growth of 4.8 percent and net operating income (NOI) growth of 5.4 percent, said David J. Neithercut, Equity Residentials President and CEO. "And we will put more money in the bank in the second half of the year than the first half of the year. But our revenue growth will slow in the second half of the year because we will not see the same pick up that we saw in the second half of 2006, caused primarily by markets negatively impacted by excessivecondominium construction and/or reversion and high single family home inventories, specifically Florida, Phoenix, the Inland Empire and Washington, D.C.
Integra LifeSciences Reports Second Quarter 2007 Financial Results
PLAINSBORO, N.J., Aug. 7, 2007 (PRIME NEWSWIRE) -- Integra LifeSciences Holdings Corporation (NasdaqGS:IART - News) today reported its financial results for the second quarter ending June 30, 2007. Total revenues in the second quarter of 2007 were $134.8 million, reflecting an increase of $34.6 million, or 35%, over the second quarter of 2006. Revenues from products acquired since March 31, 2006 were $26.8 million for the second quarter of 2007, compared to $8.6 million in the second quarter of 2006. .
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