All Entries Tagged With: "Business"
Walt Disney World Resorts and Disneyland Raise Ticket Prices
Disneyland Resort recently announced its annual price hike that will be effective this Thursday instead of the regular Friday/Sunday dates. The price of a one-day, one-park ticket fell at $76 for adults and children under the age of 3-9 years will costs $68. The new implemented Disneyland price increase is effective this Thursday, August 5. [...]
Credit Cards to be Replaced by Smartphones
In today’s technology you can do almost all things using a single device. Smartphones have already replaced various technologies. Now you don’t need to bring your camera to take pictures, or use your lap/desktop to surf the net, or your MP3 players to listen to music, soon smartphones will replace another product, credit cards. According [...]
Citigroup and Goldman planning to sell a Multi-million Commercial Mortgage Backed Securities
Both Citigroup and Goldman Sachs will sell a $788.5 million commercial mortgage backed securities (CMBS), which is the largest agreement of its kind since financial crisis commence. The said agreement was publicized when a term sheet was sent to investors detailing the deal that Reuters obtained. The issue would be the sixth since the market [...]
Low Income Consumers Prefer to Use MasterCard Debit Cards
A lot of information show up that suggests credit unions that lower income members may take a deeper hit from the upcoming restrictions on debit card interchange than credit union’s with fewer lower income members. MasterCard Worldwide released a publication that indicates that low income cardholders and people with low credit score use their debit [...]
DuTrac Collected $25,000 for 2010 Flood Disaster Relief Fund
DuTrac Community CU of Dubuque, Iowa facilitated a co-op fundraising campaign in collaboration with local gas station chain and radio DJs to help the victims of the July 24 Lake Delhi flood, has brought in just under $25,000. Jason Norton, senior vice president-marketing/business development, glimmering said “We’re just thrilled and amazed at the response.” Aside [...]
Credit Union’s Loans and Credit Quality Slightly Increased, CUNA Said
According to Credit Union National Association’s survey out of 400 credit unions the outstanding loans rate slightly increased in the month of June, savings balances declined and share accounts slightly grows and developed. Outstanding loans slightly rose from 0.2 percent in May u to 0.3 in June. However, there were $582 billion in loans made [...]
Ford Motor Sales Decline in European Markets
Ford Motor Co. said that sales were down 17% in 19 of its primary European markets in June, selling 118,000 vehicles as demand lowered after several countries ended their scrapping incentive plans. “The market is weakening as a result of the ending of scrappage schemes and the continuing frailty of the European economic recovery,” said [...]
Chase, Capital One, Discover, and Citigroup Boost Profit from Declining U.S Credit Card Delinquencies
Fitch Ratings reported last Thursday that five top banks, Citigroup, Bank of America, JPMorgan Chase, Capital One, and Discover, benefited lower credit card delinquency rates during the second quarter of the year. According to Fitch Ratings report, credit card payments which were 60 days or more late dropped in to 3.86% in the month of [...]
Citigroup to Invest $100 Million into NYC Affordable Housing Fund
Citigroup, Inc. is planning to invest $100 million fund in low and moderate income housing projects within the city of New York, the bank said Wednesday. The fund, which will be handled by L&M Development, is geared to provide support in preserving and rehabilitating affordable housing in New York City and the outer area by [...]
Capital One and Chase Offers Credit Card Rewards
The banks competition is getting more intense within the rewards and cash-back credit card business. Some banks and cards offers airline miles while others provide gas and groceries rebates. The Capital One® VentureSM Rewards Credit Card pays customers who owned and used their in buying merchandise or in other daily necessities. The credit card company [...]
