Archive for August, 2010

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Ford (NYSE: F) Looking to Rebuild Investment Credit Rating

The only United States car maker not receiving a government bailout in 2009 was Ford (NYSE: F) Motor Company. It proved to be a strategic move, as the company experienced increased car sales from consumers who wanted to support the only car company not receiving a government handout. Sales for Ford in 2010 are up [...]
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Bank of America Corp (NYSE: BAC) and Visa (NYSE: V) Testing Cell Phones to Make Contactless Purchases

From September through the end of the year, Bank of America (NYSE: BAC) and Visa (NYSE: V) will be testing cellular phones for making purchases in stores in the New York City area. In October, Visa will run a similar test program with US Bancorp. Japan has been using mobile telephones to make payments for [...]
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Bank of America (NYSE: BAC) Introduces eBanking Solution

As more people become comfortable with electronic banking systems, and schedules become more hectic, it makes sense that more banks will start offering electronic banking products. Bank of America announced today, August 9th, 2010, their new banking solution aimed at customers who prefer to receive statements online and who want to bank when and where [...]
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How to Get the “Audiblepodcast.com/American” Offer for This American Life listeners

Audible, a service which offers downloadable audio books to consumers, has recently began a radio campaign on the This American Life Show in which listeners can receive a free audio book and thirty days of free service with the following url: audiblepodcast.com/american. Users that take advantage of the offer will receive a 30 day free subscription [...]
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iPhone Developer users Peer To Peer Lending to Fund Game Development

iPhone developers and other small business owners often have difficulty in getting their projects financed because of the high risk nature of their operations. One independent developer, 6th Mega, has turned to the world of peer to peer lending in order to find funding for their latest game, Puff Puff. Puff Puff is available for [...]
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High Tech Firm Teradata (NYSE:TDC) Announces Winners of Its FIRST College Scholarships

Teradata Corporation (NYSE:TDC) announced the 2010 recipients For Inspiration and Recognition of Science and Technology (FIRST) scholarship program. The FIRST program was founded by Dean Kamen in 1989. An accomplished inventor in his own right he hoped to inspire young people of his Manchester, NH home to pursue innovative opportunites and further their interest in [...]
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How to Get a Loan through a Peer to Peer Lending Website

If you are in need of a loan to make a major purchase such as a car, consolidate your debt, pay for college, or just need some extra cash, consider getting a loan from one of the two companies in the fledgling peer to peer lending business, Prosper.com or Lending Club. Getting a loan through [...]
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SmartyPig Completes New Partnership with BBVA Compass

SmartyPig announced earlier in the year that they would end their banking partnership with WestBank and enter into a new partnership with BBVA Compass, which will now be the bank that holds all customer deposits for SmartyPig users as of August 1st, 2010. The change was the result of SmartyPig outgrowing West Bank’s capacity to [...]
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Reduce, Reuse, Recycle – Ford (NYSE:F) Explorer is 85% Recyclable

Ford (NYSE:F) has introduced for 2011, the new Explorer that is 85% recyclable.  The use of a new material called “bio foam” in the seats, other recycled fabric and recycled steel has made the vehicle more recyclable than previous models. In addition to the great strides most manufacturers have made regarding fuel economy, car builders [...]
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Famous Anheuser-Bush (NYSE:INB) Clydesdales to Perform at Hartford Fair

Secretary/Manager, Larry Hughes has been working for two years to get the famous Budweiser Clydesdales from Anheuser-Bush (NYSE:INB) to perform at the Hartford Independent Fair. It is a big undertaking, literally, as a caravan of three semi-tractor trailers will roll in from Virginia to transport the horses to the 152 annual fair. The semis are [...]
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Prosper.com Makes Changes to Peer to Peer Lending Borrowing Requirements

Prosper.com, a peer to peer lending company, has changed some of the fees and requirements that it places upon borrowers that take out peer to peer loans on its website. The company noted the changes in a blog post on its website last week. Regarding loan amount changes, the company wrote, “Prosper loan amounts continue [...]
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Ford’s July Sales Up – High Quality, Fuel Efficient Products Drive Growth (NYSE: F)

Ford, Lincoln and Mercury dealers have delivered 166,092 new vehicles last month. This is a 5 percent increase compared to last year when “Cash for Clunker” sales were starting to surge. According to their sales report, Ford’s year to date sales total 1.12 million. This is up about 24 percent. Growth is being shown across [...]
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Amazon’s Kindle 3 Gets Attention (NASDAQ: AMZN)

Amazon’s latest release of the third generation Amazon Kindle shows that it was a hit by selling out in less than a week. The big success of the Kindle 3 could perhaps be due to the price slash on the e-reader with improved features and is availability on an international level. With all of the [...]
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Consumers Gobsmacked By Kellogg’s (NYSE:K) Cereal Recall

Kellogg’s Co. (NYSE:K) has recently recalled 28 million boxes of Corn Pops, Honey Smacks, Fruit Loop and Apple Jacks as a result of  a “waxy-like off taste and smell”. Kellogg’s was relatively hush-hush about the incident and destroyed any suspect packaging before going public with the recall.  The Washington Post reports that the company blamed [...]
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Lending Club By the Numbers

Lending Club issued a press release last week detailing a number of updated statistics about its peer to peer lending marketplace. Here are some key excerpts from the press release: There are now more than 40,000 investors on Lending Club Lending Club is now funding more than $10 million in loans per month Consumers can [...]
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Wells Fargo Named Best Consumer Internet Bank in U.S. (NYSE: WFC)

This year Wells Fargo was named the Best Consumer Internet Bank and Best Corporate/Institutional Internet Bank in the U.S. by Global Finance magazine’s World’s Best Internet Banks competition. Wells Fargo won again for Bill Payment and Presentment, Best Web Site Design, and Best Online Deposits Acquisition, and added Best Integrated Consumer Bank Site. On the [...]
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AT&T Code Scanner and Free Mobile Application for Scanning Mobile Barcodes (NYSE: T)

AT&T released that it is taking their innovation of mobile barcodes farther with the new availability of a free mobile application which reads barcodes. This application will utilize a variety of mobile devices and platforms including the Android and Blackberry phones. AT&T’s announcement of this code scanner with the free mobile application is the latest [...]
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How to Get the “Audiblepodcast.com” Free Audio Book Offer

Audible, a service which offers downloadable audio books to consumers, sponsors a number of podcasts including those on the TWIT.TV network offering listeners of podcasts a free audio book and thirty days of free service at variations of the following url: audiblepodcast.com. Users that take advantage of the offer will receive a 14 day free subscription [...]
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Bank of America (NYSE: BAC) Gives Back With $10 Million in Grants

Bank of America (NYSE: BAC) is the first large bank to give money away in the form of a grant to other lenders. Bank of America is giving non-profit micro-lenders like Community Development Financial Institutions $10 million in grant money. More than 175 lenders will receive a portion of the grant, and are then going [...]
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Prosper.com Adds New Features to Peer to Peer Lending Site

Prosper.com, the company which operates a peer to peer lending marketplace, has issued a number of new features to its service which were mentioned on its blog. The firm mentioned some updates to its automated plans, “To ensure your Automated Plans keep up with changing market conditions and credit policy changes impacting Prosper Scores, all [...]
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Proctor & Gamble (NYSE:PG) Pet Food Recall

Some of Proctor & Gamble  (NYSE:PG) high-end pet foods, Iams and Eukanuba dry dog foods are being recalled because the food may be contaminated with salmonella. The high-end dietary special dog foods are being taken off retailers shelves as a precautionary measure. Manufacturers have not reported any illnesses from suspected salmonella contaminated product but they [...]
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RIM (NASDAQ:RIMM) Unveils BlackBerry Torch in Hopes of Burning Apple’s iPhone

The newest release from Research In Motion (NASDAQ:RIMM) dubbed the BlackBerry Torch, is scheduled to hit the retail outlets on August 12th. The modest price of under $200 will include a two year service agreement with the carrier AT&T. The new touch screen by BlackBerry will also have a slide down ‘qwerty’ key pad that [...]