| A Single Global Currency
Since Europe enacted the euro as its common currency, there has been increased discussion about whether or not the world would benefit from a single global currency. At this point, the proponents seem to have a substantial edge; but like anything else, there are proponents and there are detractors. The Book: The Single Global Currency I just got through reading this interesting book by Morrison Bonpasse, who is the president of the Single Global Currency Association. It was an eye-opener. Additionally, I must say that Mr. Bonpasse recently invited me to serve on the association's international board of directors. Because I have both spoken and written about the pros and cons of currency consolidation and I find the topic fascinating, I was happy to accept the appointment.
How to pay off student loans
Karen Wons of Maryland finds herself in a quandary that is confronting many parents right now.
She is struggling with how best to advise her daughter - a recent college graduate - on paying down her $25,000 in student loans.
Wons did what any wise parent would do. She asked for help.
Here's the back story. Wons' daughter works as a project manager at a medical software company. She has an annual salary of more than $50,000.
Her employer provides a 401(k). She has about $13,000 in cash from recently redeemed Series EE savings bonds. She has no credit card debt. She has no payments on a reliable car with low mileage. She's sharing an apartment and other living expenses with an older sister in Madison, Wis. Her portion of the rent is just more than $500 a month.
Valassis Announces Financial Results for the Second Quarter Ended June 30, 2007
LIVONIA, Mich., July 31 /PRNewswire-FirstCall/ -- Valassis today announced financial results for the second quarter ended June 30, 2007. The company reported quarterly revenues of $612.1 million, up 134.9% from the second quarter of 2006, due to the acquisition of ADVO, Inc. (ADVO) that was completed on March 2, 2007. Second-quarter net earnings were $9.8 million, or $0.20 in earnings per share (EPS). For the second quarter, operating income was $40.6 million and adjusted EBITDA* was $63.1 million. Adjusted free cash flow* was $25.1 million for the quarter.
"Since the close of the ADVO acquisition on March 2, we have been extremely pleased with our efforts to reduce costs and capital expenditures as we focus on maximizing free cash flow," said Alan F. Schultz, Valassis Chairman, President and CEO.
GE Money & Electric & Gas Industries Association Help Homeowners Save Money, Improve Environment with Nationwide Solar ...
ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and the Electric & Gas Industries Association (EGIA), a non-profit organization dedicated to advancing energy efficiency and renewable energy solutions, recently announced a new multi-year relationship to provide revolving and installment consumer financing of residential solar systems through EGIA's GEOSmart Sustainable Financing Solutions loan program. .
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