Credit Guide

Card Consolidation Credit Debt By Freddie Mooche

- ScanSoft, Inc. ( SSFT), a global leader of speech and imaging solutions, month fiscal year ended September 30, 2004. ScanSoft reported third quarter 2004 revenue of $42.3 million, a 29 percent increase over third quarter 2003 revenue of $32.9 million. On a GAAP basis, ScanSoft recognized a third quarter 2004 net loss of $5.9 million, or $0.06 per basic share, compared with a net loss of $3.7 million, or $0.04 per basic share, in the third quarter of 2003.

Credit Union (AXcess News) New York - Ford Motor Co. (NYSE: F) posted a third quarter loss of $284 million, hit by declining sales in gas-guzzling SUVs. Ford's stock was trading down Thursday at $8.45 in mid-day executions on the NYSE after hitting $8.36 earlier in the day. Ford's stock is teetering near its 52-week lo of $8.26 and could break down further if economic indicators don't improve for the US auto manufacturer.

Third Quarter Results ScanSoft's total revenues for the third quarter of 2000 increased 66% to $13.6 million, compared to revenues of $8.2 million in the same period of 1999. Year over year revenue growth for the third quarter resulted from the benefits of the broader product portfolio associated with the Caere acquisition in ScanSoft's North American and European channels. ScanSoft reported a net loss of $0.3 million, or $0.01 per share compared to net income of $1.1 million or $0.04 per share on a diluted basis, for the third quarter of 1999, before amortization of intangible assets. Including the effect of this item, ScanSoft reported a net loss of $7.1 million, or $0.15 per share, compared to net income of $0.5 million, or $0.01 per share on a diluted basis, for the third quarter of 1999.

Merchant Credit Guide Co Ford'sthird-quarter net loss was 15 cents a share, compared with net income of $266 million, or 15 cents, a year earlier.

Stamps.com also reported that during the third quarter 2002 it repurchased 1.3 million shares of its stock at an average price of $4.24 for a total of approximately $5.6 million. The third quarter shares repurchased represented approximately 2.6% of the weighted average shares outstanding for the second quarter. The share buyback was conducted under authorization of the share repurchase program, approved by the company's Board of Directors in April 2002. The company will not purchase any additional shares prior to the announcement of its third quarter results.

Apply Online For Credit Card It's North American autoworks had a $1.2 billion pretax loss, its fourth in the past five quarters.

Stamps.com Reports Third Quarter 2001 Financial Results Company Received USPS Approval Today for Beta Test to Print Generic Postage SANTA MONICA, Calif. October 24, Stamps.com™ ( STMP) today announced that revenue in the third quarter of 2001 was $4.6 million and gross margin was 55%. Third quarter cash net loss from continuing operations was $1.9 million, cash charges, restructuring and write down charges, and loss related to the sale of iShip; this compares to a loss of $5.2 million in the second quarter of 2001. On a per share basis, the equivalent continuing operations loss for the third quarter 2001 was $0.04 per share based on the weighted average common shares outstanding of 49.5 million. Cash and cash equivalents as of September 30, 2001 were $194.6 million, or $3.93 per weighted average share.

By Card Credit Debt Debt Guide Ford CEO William Clay Ford Jr. said the company will be announcing plant closings in January. Most likely all those auto works relating to SUV manufacturing lines and some luxury autos.

Stamps.com Reports Third Quarter 2003 Financial Results Revenue Up 32% Year over Year; Customer Acquisition Momentum Builds SANTA MONICA, October 29, Stamps.com™ ( STMP) today announced financial results for the third fiscal quarter ended September 30, 2003. Third quarter revenue was up 32% versus the same quarter last year, and up 7% versus the second fiscal quarter of 2003. In addition, the company reported an increase in customer acquisition during the third quarter, particularly with higher value Power Plan customers.

Credit Repair SUV saleshad lead Ford's profits. Both Ford and General Motors (NYSE: GM) have taken it on the bumper as SUV sales for both US auto manufacturers have declined dramatically since gasoline costs rose while consumer confidence in big-ticket items declines.

Active Credit Credit Guide While Ford and GM cut costs to try and shave losses, foreign auto manufacturers in the US are enjoying growth. Toyota Motor Co, which has focused on economic autos and light trucks is continuing to take market share while the old regime auto plants continued to think in terms of excess which has caught them by their carburetors hard, choking market share in their own backyard.

Credit Score While GM sees problems with Delphi, its spun off auto parts supplier, Ford is facing similar problems with Visteon Corp., its largest supplier. Both companies have had to cut costs to try and bail out those companies.

Bad Car Credit Guide Loan Ford said its estimate of earnings for the fiscal year would be at the low end of $1.00. The only thing that stopped a continuing drop in earnings was a marketing program GM developed - and Ford copied - to offer buyers employee discount rates. That helped boast sales which stopped Ford's loss of market share. Though that could be temporary if Ford Jr. doesn't snap out of his fog.

Bad Credit Loan "The problems faced by US automakers is aging management and production planning. Both GM and Ford have not learned to be adaptive like their foreign competitors, thinking they controlled the market in the US when in fact its consumers here who lead demand. Gone are the days of product loyalty as US markets become more open to foreign trade. Price-conscious consumers shop for bargains and theirpersonal spendingis now a big part of that," AXcess News financial columnist Freddie Mooche explained.

Credit Definition Derivative Ford said in a conference call today that he was asking for ideas. "Try opening your eyes Bill and look around. It's house-cleaning time in Detroit. Both Ford and GM should do what the Internet search giants are doing and raid foreign talent in design and plant engineering if they want to compete," said Ms. Mooche.

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