AmeriCredit Names Rawls Auto Auction 2009 Auction of the Year

AMERICREDIT CORP. (NYSE: ACF – News) has named Rawls Auto Auction in Leesville, S.C., as its 2009 Auction of the Year as part of the Company’s nationwide Auction of Excellence program.

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Every year, AmeriCredit representatives review the performance of participating auctions in a variety of categories, including customer service, marketing promotions, pre-sale activities and overall auction success to select an Auction of the Year.

“Everyone at Rawls works together to achieve success and to build a strong partnership with AmeriCredit on a daily basis,” said Dan Heinrich, AmeriCredit’s vice president of Asset Remarketing. “AmeriCredit sets high standards, and Rawls surpassed our expectations with their innovative approach to selling vehicles. They have built a strong foundation of loyal dealers. [Read the full article]

Every day I listen to experts argue about when is the best time to get back into the market, and I have to say that I am sick of it. They tend to always find something to worry or disagree about. One day, it might be about future inflation; another day, the weakness of a dollar. When the stock market appreciates for several days or weeks they start questioning whether the rally is for real and how long it will last. My take on this is: Please, stop scaring people because they have had enough. This article is not about the general direction of the stock market or the economy, but about American Express (AXP) and how it just might be an excellent buy for long-term investors. At the beginning of this month, American Express stock was trading at $23, which is as low as the lowest price in 1998. Is the stock cheap? To answer this, lets learn a bit about the company and its industry. [Read the full article]

Dollar Financial Corp (NASDAQ:DLLR – News), a leading international financial services company serving unbanked and under-banked consumers, announced today that it has reached an agreement to settle its British Columbia class action litigation, in which the plaintiffs claimed that the business model used by the Companys Canadian subsidiary, National Money Mart Company (NMMC), resulted in the collection of fees in excess of the statutory limit for payday loans made since 1997. In addition, the Company announced court approval of the previously announced settlement of its comparable Ontario class action litigation. [Read the full article]

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