Credit Cards To College Students Shape Debt Risk
Visa Reports show more than half of 9 million undergraduates hold cards issued even to those with limited or no credit. The piece notes rising debt risks from high limits, parental income misperceptions, and calls for education and lower limits for students without jobs.
MENTIONED IN THIS ARTICLE
Amy Eskind
Vanderbilt University
Nashville
Tenn
American Express
Bill Moss
AmEx
Michele Bedell
Radford
Joseph Kennedy
D-Mass
Michele
Ruth Susswein
Bankcard Holders of
America
Susswein
Discover
MasterCard
Visa
At&t
Universal
Durable goods orders rise 6 percent in August
U S factories logged a 6 percent rebound in durable goods orders in August led by autos and parts after a July drop revised from 4.2 percent. Orders for items lasting more than three years reached record highs, with 11 of 13 months showing gains, while analysts warn on cooling but expect strength to continue.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Michael Evans
Boca Raton, Fla
Derivatives force mutual fund to fold
The Community Bankers U.S. Government Money Market Fund, a Denver bank owned fund, will liquidate after losses from derivatives. The fund held about 43 percent of assets in derivatives and aims to return about 94 cents per dollar to investors. SEC Chair Levitt said the case should teach lessons to the fund industry.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
SEC
Arthur Levitt Jr
Levitt
U.S
Denver
Community Assets Management Inc
House Telecommunications and Finance
Wall Street
Stocks of Local Interest Update
Local stock notes advise dialing 865-5000 for quotes and 9100 for Local Stocks. A complete market wrapup is promised in Saturday Journal-World.
MENTIONED IN THIS ARTICLE
Journal-World
Hallmark to Acquire Revell Monogram in Kit Maker Move
Hallmark Cards Inc plans to buy Revell Monogram Inc the world leading plastic model kit maker. Revell Monogram will operate as an independent unit within Hallmarks Binney Smith subsidiary, expanding its toy and hobby footprint in Kansas City Missouri.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Hallmark Cards Inc
Revell-Monogram Inc
Revell-Monogram
Hallmark
Binney & Smith
Midland Elevator Market Prices and Regional Quotations
Local markets report Midland Elevator wheat at 3.88, corn 2.06, rye 3.28, and soybeans 5.27 per unit. Omaha Livestock Market quotes hogs 230-260 lb at 50.35 to 50.00, sows and feeder figures, cattle and calves not tested, sheep none. Quoted at St. Joseph Missouri and Dodge City Kansas feedlot sales with mixed hog and cattle prices and varied weights.
MENTIONED IN THIS ARTICLE
Midland
Omana, Nes
Uspa
Omaha
U.S
Sc. Josep
Flestly
Dodge City Livestock Dong Crrv
Kansas
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Sexo Ea
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NPC
O'Reilly Auto
Buckle Inc
Camco Intatl
JC Penney
Casey's
Pepsico Ane CommBan
Se Quaker
Dayton-Hud
Fleming
Sallie Mae
Santa Fe
Uneh
Fourth Fin
Sealigh Goodyear
Sears
Hercules
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Kroger
Truvova
Labone
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Wal-Mart
Mercantil
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Edward D. Jones & Co
Associated Press
United Auto Workers Union
Flint
Midh
Buick City
North American
Hallmark Buys
Revell
Omaha Livestock
St. Joseph Livestock
New York
London Metal Exch
Comex
Handy & Harman
Silvey
Mercury
Hatinum
N.Y
Commerce Bank of
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N.A
Commerce Bank
Western Resources Company