Discover urges investors not to sell in TRC 'mini-tender' (Crain's Chicago Business)



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Discover urges investors not to sell in TRC 'mini-tender' (Crain's Chicago Business)

The key element of what most of us know as a credit card is the black line that runs along the reverse side of the card, which is called the magnetic stripe. The magnetic stripe, as its names suggests, contains magnetic ingredients -- small magnetic particles that are embedded in the plastic. The magnetic particles are incredibly tiny, with each less that 20 millionths of an inch in length. What data is stored is based on the orientation of each magnetic particle.

Discover urges investors not to sell in TRC 'mini-tender' (Crain's Chicago Business)

(AP) -- Discover Financial Services urged shareholders Monday not to sell stock to TRC Capital Corp., which is offering to buy the credit card operator's shares at below-market prices. The Canadian firm's "mini-tender" of $22 per share is 3.8% below Discover's closing price on Aug. 7, the day ...

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Nodus Technologies, Inc. and Moneris Solutions Announce Payment Processing Integration (ThomasNet)

Nodus Technologies, Inc and Moneris Solutions Corporation ("Moneris"), Canada's largest processor of electronic payments, today announced that ("Nodus"), the leading electronic payment business process automation solutions provider for Microsoft Dynamics, has received Canadian certification for credit card processing into the Microsoft Dynamics GP solution. "We're very pleased that Nodus is able ...

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Discover Warns Against "Mini-Tender" (AP via Yahoo! Finance)

Discover Financial Services urged shareholders Monday not to sell stock to TRC Capital Corp., which is offering to buy the credit card operator's shares at below-market prices.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Credit cards for students carry risk, advisors warn (Toronto Star)

VANCOUVER–The offers of credit cards will come fast and furious for students heading off to campus this fall, but financial advisers warn they can be a double-edged sword.

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A big favour (The Globe and Mail)

Mutual fund sector owes National Bank big time for intervention

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A big favour (The Globe and Mail)

If conditions in the markets get a lot worse, it may even turn out that National Bank saved the fund industry from a public relations disaster. That's how important the bank's move yesterday to protect clients of its money market funds was.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

VSNL Launches trueroots(TM) International Calling Service to the United Kingdom South Asian Community (Broadcast Newsroom)

LONDON, BUSINESS WIRE -- VSNL (NYSE:VSL), a leading communications solutions provider, announced today the launch of trueroots(TM), an International Calling Service that allows people from South Asia residing in the United Kingdom to reliably, securely and economically reach out and connect with their family and friends.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

VSNL Launches trueroots(TM) International Calling Service to the United Kingdom South Asian Community (Business Wire via Yahoo!7 Finance)

VSNL (NYSE:VSL), a leading communications solutions provider, announced today the launch of trueroots(TM), an International Calling Service that allows people from South Asia residing in the United Kingdom to reliably, securely and economically reach out and connect with their family and friends.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Peeling back the layers of the credit crunch (Toronto Star)

Trying to figure out what all the commotion is about? All week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

The Panic of 2007 (GoldSeek.com)

End of the World or Muddle Through? This week I try to explain in simple terms the very complicated story of how we went from some bad mortgage loan practices in the US to the point of world credit markets freezing up.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Discover urges investors not to sell in TRC 'mini-tender' (Crain's Chicago Business)

Meanwhile, technology is making it easier to pay without cash ever coming into the picture. Recent developments allows consumers to perform transactions with contactless credit cards that don't even need to be swiped. And, talk of payment information being loaded onto cell phones suggests there are incredible opportunities for what lies ahead.

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