| CTS Reports Second Quarter 2007 Results
CTS Corporation (NYSE:CTS) today announced second quarter 2007 revenues of $169.6 million and net earnings of $5.9 million, or $0.15 per diluted share. Second quarter 2007 revenue increased 2% over the second quarter of 2006 driven by the EMS segment, where sales improved 5%. Components and Sensors segment sales decreased 1%, primarily from weakness in electronic component demand. Automotive component sales, however, were up 6%. Second quarter 2007 earnings of $5.9 million, or $0.15 per diluted share, improved over net earnings of $5.3 million, or $0.14 per diluted share, in the second quarter of 2006. Second quarter 2007 net earnings were adversely impacted by $1.2 million, or approximately $0.03 per diluted share, of costs associated with the internal investigation and account reconciliations at CTS California EMS locations.
Work to get out of debt
DEAR BRUCE: I am 21 years old and need some serious help. I am $14,000 in debt, and it seems to be getting higher every month. Last year, I decided to go to a private tech school but dropped out after three months. Now I owe $7,800 just for that one mistake! I also spent around $4,000 last year because my cat got very ill. I also have little problems like gas, food, college and the occasional trip to the mall. I really need help. I tried to consolidate but that didn't work. I would like to get out of this mess as soon as possible so I am debt-free. I make around $1,000 a month. - C.H., via e-mail DEAR C.H.: You've reached a wonderful age and have some serious problems: You're $14,000 in debt. That's a difficult number, and, in your case, is more than a year's gross income. You say that you've made just one mistake, but the school of hard knocks has a very high tuition.
School's In: Home Loan U Educates Consumers Before Shopping for a Mortgage
With all the turmoil in the mortgage market, it is more important than ever that consumers be informed and educated about the entire lending process and are diligent in selecting a reputable lender. To help with this, Quicken Loans, one of the nation's largest mortgage lenders, has recently created Home Loan U, a series of personal finance education guides that are available as free downloads at http://www.HomeLoanU.com Livonia, Mich. (PRWEB) August 14, 2007 -- With all the turmoil in the mortgage market, it is more important than ever that consumers be informed and educated about the entire lending process and diligent in selecting a reputable lender. "The subprime lending woes have led to tighter lending guidelines in conventional lending too. Lenders now require higher credit scores and larger down payments for consumers with good credit.
Companies not allowed to solicit students on campus
CARBONDALE - Southern Illinois University Carbondale took action a few years earlier to remove itself from student credit card solicitation - a problem that embroiled many major universities."Southern Illinois University does not allow credit card companies on campus to solicit to students. The university does not sell names to credit card companies," said Rod Sievers, SIU chancellor's office spokesman.
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Welcome to Public Opinion - Chambersburg, PA
In a case of liberal effrontery punctuated by bad economics, Roscoe Barnes, on behalf of the Public Opinion editorial board, laments in an editorial July 21 called, "Lessening sting of tuition increases," the rising costs of higher education and argues that expanding the scope of government is the best way to fix the problem. Never mind the fact that college education remains one of the finest investments a young person can make. The median cost of attending college for four years is just over $80,000 at private schools and $20,000 at public ones. The average return, during a lifetime, of earning a bachelor's degree over a high school diploma is approximately $1.3 million. And never mind the fact that, by any objective standard, college students are already exceptionally well-funded.
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