Financial News Headlines

Radiant Systems could be $1 billion business for NCR

July 26th, 2011

The two companies had talked for years, but it wasn’t until recently that things worked out between the Duluth technology company and the Alpharetta business that offers software, services, and restaurant and retail payment systems.

“I would be very disappointed if we didn’t build a $1 billion business together in the years to come,” NCR Chairman and CEO Bill Nuti said of the company with $400 million in revenue. “I wouldn’t have acquired it if I didn’t think we could.”

Radiant Systems started in a garage in New York 26 years ago, Chief Operating Officer Andy Heyman said, before moving to Georgia in 1990. It went public in 1997.

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Tags: Business, Business Ncr

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Big Ten: Wisconsin reloading

July 26th, 2011

Wisconsin head coach Bret Bielema talks about reloading his roster with hopes of defending their 2010 Big Ten championship.

Big Ten: Wisconsin reloading is categorized as sports.

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Tags: Big Ten, Reloading, Wisconsin Reloading

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2011 Post Office Closure List: USPS to Shutter 3653 Locations

July 26th, 2011

It was only a matter of time before the USPS was going to have to change the way it did business. There was talk of canceling Saturday delivery, which had the potential to save $2 billion. Earlier this year, the Post Office announced that it would close thousands of locations and now that has come to fruition. Postmaster General Patrick Donohue listed the list earlier today and Ill link to it once we get it.

No post office will be closed, just branches and stations, which are supposedly smaller and have no mail processing facilities (and sometimes no carriers).

While I feel bad for the staff of the post offices being closed, its hard to argue against the ones they chose.

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Tags: Usps, Usps Shutter

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Seven Powerful Meditation and Focusing Techniques

July 26th, 2011

A few weeks ago, I put out a call on Twitter and on Facebook for detailed posts that people would like to see. I got enough great responses that I’m going to fill the entire month of July – one post per day – addressing these ideas.

Terrence on Facebook wants to know about “Meditation and focusing techniques.”

Meditation and focusing is a big part of my daily routine. I strive to be a good parent, a good husband, and a successful writer and small business owner. Alone, those demands on my time and attention are intense, but when you add on top of that my hobbies, community work, and other interests, it’s key that when I’m involved with something, I need to have ease of mind and also an ability to focus on the task at hand.

I do lots of little things to make this possible. After making

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Lessons Learned from the Netflix Price Hike

July 25th, 2011

Last week Netflix raised their rates, increasing the price of some plans by as much as sixty percent. Where before a plan with one DVD out at a time and unlimited streaming was $9.99 per month, the same service will now cost $15.98. Ouch. The outrage online was swift and furious. Customers were losing a great deal and weren’t shy about bashing Netflix on Facebook and blogs. As someone who uses Netflix heavily as a replacement for cable, I was among the outraged. (I’m still deciding what to do with my subscription: scale back, keep it as is, or cancel altogether.) Once I got over my shock I realized that Netflix’s action has reminded me of a few key financial/consumer lessons that apply to all kinds of goods and services.

A price increase might not break the budget, but it does have to be considered: No, an extra $6 per month isn’t going to break my budget. I can a

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Tags: Price, Price Hike

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Consumer confidence rises to 2009 levels

July 25th, 2011

South African consumer confidence has risen to levels last seen in 2009, according to the MasterCard Worldwide Index of Consumer Confidence released on Thursday.

“The survey recorded an overall increase of 10.8 points in South African consumer confidence from a low of 54.7 only six months ago to a current optimistic score of 65.5,” MasterCard said in a statement.

The index — which measures consumer confidence on prevailing expectations in the market for the next six months — is calculated with zero as the most pessimistic, 100 as most optimistic and 50 as neutral.

The five indicators that make up the overall consumer confidence score all increased. Read more…

Tags: Consumer Confidence, Levels

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