| 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. .
Recent college grad seeks guidance on paying off loans vs. 401(k) vs. investing
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 story. Wons' daughter is a project manager at a medical software company. She has a salary of more than $50,000. Her employer provides a 401(k). She has about $13,000 in cash from 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 a sister in Madison, Wis. Her portion of the rent is just over $500 a month. Wons is unsure about the course her daughter should take.
TRX Integrates RESX Online Booking Site with TRAVELTRAX Data Reporting
TRX, Inc. , a global technology company that develops and hosts software applications to process data records and automate manual processes, today announced it is incorporating the innovative travel data reporting functionality of its TRAVELTRAX(SM) application into the RESX(R) corporate online booking engine. RESX is a leading online booking tool allowing corporate travelers to create policy-compliant and on-budget travel reservations via a hosted Web interface. TRAVELTRAX is a Web-based travel data reporting platform featuring simple and visual dashboard reporting. By integrating the two applications, RESX will provide agency distributors and corporate accounts with enhanced reporting. Travel managers and system administrators will improve their ability to monitor travel and expense trends through executive dashboards and detailed, traveler-level data.
Health insurance, credit on minds of many young adults
The glow of high school graduation parties in June is starting to fade, and with it comes the realization new, real-world challenges await as students either head off to college or begin their lives in the world of work. And a big part of that reality is financial, with the lure of quick credit and having to leave parents' health insurance plans create a quick monetary dilemma for many. .
A Single Global Currency
Since Europe enacted the euro as its common currency, there has been increased discussion about whether or not the world would benefit from a single global currency. At this point, the proponents seem to have a substantial edge; but like anything else, there are proponents and there are detractors. The Book: The Single Global Currency I just got through reading this interesting book by Morrison Bonpasse, who is the president of the Single Global Currency Association. It was an eye-opener. Additionally, I must say that Mr. Bonpasse recently invited me to serve on the association's international board of directors. Because I have both spoken and written about the pros and cons of currency consolidation and I find the topic fascinating, I was happy to accept the appointment.
Paul Galeski
Despite the stress, the chase for money and the challenges of starting a second company, several serial information-technology entrepreneurs say theyd do it again.
In 1990, Paul Galeski started Magnum Technologies, a factory automation software firm, with $6,000, two employees and a small office in Belleville, Ill. Like a lot of entrepreneurs, he poured his heart and soul into the company.
It expanded quickly, making the Inc. 500 list of fastest growing U.S. companies. Then, in 1997, it caught the eye of General Electric Co.
GE offered to buy Magnum and wanted Galeski to stay on to help run it. Making the decision to sell was brutal, Galeski recalls.
You raise this thing from a pup and grow it into a pretty substantial business, he says from his office at Maverick Technologies in Columbia, Ill.
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