| For the record 19 July
Colt records another profitable quarter | 3V launches mobile top-up service There was a rash of financial results on Thursday, with Citrix, Colt and Iona all releasing quarterly figures. Citrix announced year-on-year quarterly revenue growth of 21 percent, and product licence growth of 16 percent in the second quarter of 2007. Revenue for the quarter reached USD334 million, a 21 percent improvement on USD275 million a year earlier. Revenue from licence updates grew 18 percent, while online services accounted for USD52 million of revenue -- a 47 percent rise. Technical services revenue, which includes consulting, education and technical support, rose 22 percent. Meanwhile, Colt registered its fourth consecutive quarter in profit. Although revenue at the telecoms group slipped 8.8 percent to USD410 million, profit before taxation did a U-turn from a EUR9 million loss a year earlier to a profit of EUR8.9 million.
GetSmart.com Suggests Ways to Use a Home Equity Loan
A Home equity loan can be a useful, tax deductible, way to tap equity that you have accumulated in your home. As long as you borrow wisely, this may be a good resource for some much needed cash. Charlotte, N.C. (PRWEB) August 10, 2007 -- Whether you're looking to pay for a costly education, find funding to renovate your home, or cover the costs of a large unexpected expense, you might want to consider a home equity loan. Home equity loans are great alternatives to putting major expenses on a credit card, and have a much lower interest rate. A home equity loan gives the borrower a lump sum of money at a fixed interest rate, with your home used to guarantee the loan. The borrower then pays the money back in monthly installments. So when is getting a home equity loan a good idea? GetSmart.com shares some insight: College tuition
If you need access to money to finance your child's college education, a home equity loan is something you may want to consider, particularly if your child doesn't qualify for a student loan.
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.
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.
MTS Reports Second Quarter Results
Manitoba Telecom Services Inc. ("MTS" or the "Company") (TSX: MBT - News) today announced strong results with better than expected earnings for the second quarter of 2007. The Board of Directors declared the third quarter cash dividend at $0.65 per share which is payable on October 15, 2007 to shareholders of record on September 28, 2007. .
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