Pre-Market Stock News (August 3, 2007)

(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.
(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to about 750 workers.
(BBND) BigBand Networks traded down close to 20% after lowering estimates after earnings.
(BUCY) Bucyrus $0.80 EPS vs $0.76 est.
(CME) CME traded higher after Cramer said it was a cheap growth stock and one to play the volatility.
(FTEK) Fuel-Tech won pollution control orders for almost $3.7 million.
(GRMN) Garmin is buying a distributor in Italy.
(HERO) Hercules Offshore $0.74 EPS vs $0.70 est.
(ISLE) Isle of Capri $0.17 EPS vs $0.04 est; unsure if comparable.
(NTAP) lowered guidance; shares trading down close to 20%.
(PCS) MetroPCS $0.17 EPS vs $0.14 est.
(PG) P&G $0.67 EPS vs $0.66 est.
(QTWW) Quantun Fuel Systems said a subsidiary entered into agreement with Ford for producing the Ford F-150 special edition truck.
(THI) Tim Horton $0.36 EPS vs $0.36 est.
(TM) Toyota Motors posted record profits and strong hybrid sales; shares indicated up 1%.
(TOPT) Top Tankers $0.15 EPS bvs $0.04 est.
(TTWO) Take-Two lowered guidance after delaying ist Grand Theft Auto 4 video game.

Jon C. Ogg
August 3, 2007

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

 

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.