“MAGAZINE HONOR: The city of Des Moines has been named one of Kiplinger's Personal Finance magazine's top cities - WHO-TV” plus 3 more

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• MAGAZINE HONOR: The city of Des Moines has been named one of Kiplinger's Personal Finance magazine's top cities - WHO-TV
• Gentiva Health plans nearly $1B Odyssey buy - Tacoma News Tribune
• Intuit Grows Revenue 13 Percent in Third Quarter ... - Newswiretoday.com
• Personal Finance - How to Get Personal Debt Solutions ... - PRLog (free press release)

Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

MAGAZINE HONOR: The city of Des Moines has been named one of Kiplinger's Personal Finance magazine's top cities - WHO-TV Posted: 26 May 2010 07:44 AM PDT AP Staff Writer 9:48 AM CDT, May 26, 2010 Kiplinger's Personal Finance magazine has named Des Moines among its top 10 cities, saying there's more to it than agriculture. The magazine, which focused on "out-of-the-box thinking," lists Des Moines as number seven. In its July edition, Kiplinger says a likely worker shortage sparked by retiring baby boomers has "lit a fire" under city leaders. It says the city is working to bring back young workers, attracting global talent by developing its downtown and promoting jobs in the industries that are flourishing -- biotechnology, insurance, finance and publishing. Austin, Texas, tops the list, followed by Seattle; Washington, D.C.; Boulder, Colo., and Salt Lake City. Rochester, Minn., is sixth; then Des Moines; Burlington, Vt.; West Hartford, Conn.; and Topeka, Kan. Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Copyright © 2010, WHO-TV E-mail Print Share Digg Del.icio.us Facebook Fark Google Newsvine Reddit Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.
Gentiva Health plans nearly $1B Odyssey buy - Tacoma News Tribune Posted: 24 May 2010 05:24 AM PDT Home health provider Gentiva Health Services Inc. said Monday it plans to spend nearly $1 billion in cash to buy hospice firm Odyssey HealthCare Inc. in a move to create the nation's largest provider of home health and hospice care. Atlanta-based Gentiva said it will pay $27 per share for Odyssey stock, marking a 40 percent premium to the shares' closing price Friday. Based on Odyssey's 33.8 million shares outstanding at March 31, the deal is valued at $912.3 million. Shares of Dallas-based Odyssey surged $7.46, or 38.7 percent, to close at $26.75 Monday. Shares last traded above $26 in 2004. Gentiva shares rose $3.38, or 13.1 percent, to $29.17. The boards of both companies have approved the acquisition, which is expected to close in the third quarter, pending approval by regulators and Odyssey stockholders. The companies said the deal will create a hospice care provider with an average daily patient census of about 14,000 and operations in 30 states. They anticipate the combination will create a company with more than $1.8 billion in annual revenue. Gentiva expects the acquisition to add to adjusted earnings per share within the first 12 months following closing. "The two companies share similar geography between Gentiva's home health operations and Odyssey's hospice operations, with very little overlap between the two companies' hospice programs," Gentiva CEO and President Tony Strange said in a statement. Gentiva expects to raise about $1.1 billion in new debt financing to fund the purchase and refinance existing debt. The company said it has secured financing commitments from a syndicate that includes BofA Merrill Lynch, Barclays Bank PLC, General Electric Capital Corp., and SunTrust Bank and SunTrust Robinson Humphrey Inc. Edge Healthcare Partners is acting as Gentiva's financial adviser. Goldman, Sachs & Co. is acting as financial adviser to Odyssey's board. Last week, Gentiva acquired United Home Care Group, a home health and hospice service company based in Louisiana. Terms of the deal were not disclosed, but Gentiva said it can now provide services to about 85 percent of the state of Louisiana. Earlier this month, Gentiva was one of four home health care providers that received letters from the Senate Finance Committee questioning whether the companies increased their patient visits out of medical necessity or in order to deliberately trigger higher Medicare reimbursements. Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.
Intuit Grows Revenue 13 Percent in Third Quarter ... - Newswiretoday.com Posted: 20 May 2010 01:57 PM PDT	Results Led by Strong Tax Season; Small Business Returns to Double-Digit Growth Third-Quarter Highlights: • Revenue increased 13 percent over the year-ago quarter to $1.6 billion, exceeding the guidance range. • On a GAAP basis (Generally Accepted Accounting Principles), operating income grew 16 percent to $888 million. Non-GAAP operating income grew 12 percent to $938 million. • GAAP diluted earnings per share were $1.78, up 21 percent over the third quarter of last year. Non-GAAP diluted earnings per share were $1.89, up 13 percent. • The Consumer Tax group generated revenue of $871 million in the third quarter, growing 12 percent over the previous year. • Financial Management Solutions revenue increased 16 percent over the prior year, led by strong growth in QuickBooks for the desktop, QuickBooks Online and Intuit Websites. The company raised fiscal year guidance based on strong results across the board. For fiscal year 2010, which ends July 31, Intuit expects revenue of $3.410 billion to $3.425 billion, growth of 10 percent. Note: all comparisons are versus the same period a year ago. Company Perspective "We delivered another quarter of strong results, with revenue and earnings per share exceeding the top end of our guidance," said Brad Smith, Intuit's president and chief executive officer. "We saw across-the-board strength, fueled by a great tax season, a return to double-digit revenue growth in small business, and continued strong performance from our financial institutions segment. With these strong results, we are once again raising our revenue and earnings outlook for the year. "We've worked hard over the past few years to position Intuit to take advantage of the secular market trends that we see as catalysts for sustained growth. In addition, we've invested in hiring and developing skills and capabilities that will benefit us for years. We've strengthened our engineering talent pool, and we've developed technology that improves the usability of our products, adds mobile capabilities, and readies our solutions for global deployment. We've also invested to ensure our customers are delighted with our products and find them incredibly easy to use. This quarter's performance is another proof point that we are stronger now than when the recession began," Smith said. Quarterly Business Segment Results and Highlights. Small Business total revenue grew 13 percent for the third quarter, driven by strong performance in Financial Management Solutions and Employee Management Solutions. Financial Management Solutions • Revenue increased 16 percent versus the third quarter of 2009, led by outstanding growth in QuickBooks for the desktop, QuickBooks Online and Intuit Websites. The online customer base grew 32 percent compared to the year-ago quarter. • Intuit Websites continued to make strong progress, with customers increasing 80 percent over last year, to more than 300,000. Employee Management Solutions • Employee Management Solutions revenue grew 13 percent, powered by Intuit Online Payroll. Payment Solutions • Revenue grew 8 percent, driven by a 16 percent increase in merchants. Charge volume grew 1 percent year over year, the first increase since the third quarter of fiscal 2008. Consumer Tax Group • Revenue increased 12 percent, with an increase in share in both the desktop and online categories. Total units were up 11 percent for the season, with Web units up 18 percent. We now believe Consumer Tax revenue will grow 12 to 13 percent in fiscal 2010. • Online tax units represented more than 70 percent of total TurboTax units this season, as more customers continued to choose an online solution. Accounting Professionals • Accounting Professionals revenue grew 15 percent over last year, capping off a solid tax season for the segment. Excluding a $9 million revenue shift deferred from the second to the third quarter, Accounting Professionals revenue grew 10 percent. Financial Institutions • Financial Services revenue grew 21 percent and bill pay users grew 16 percent. This tax season, more than 1,100 financial institutions offered TurboTax for Online Banking. Revenue grew 9 percent, excluding TurboTax for Online Banking. Approximately 450 financial institutions are signed up to offer FinanceWorks, with a growing number of banks adopting Intuit's online bill payment and mobile banking solutions. Other Businesses • Segment revenue grew 20 percent, driven primarily by strength in Personal Finance and favorable foreign currency impact from the Canada and United Kingdom businesses. • Mint.com growth continues to accelerate. New registered users for the third quarter were more than 2.5 times greater than the same quarter last year. • Intuit signed an agreement to acquire Medfusion, the leading patient-to-provider communications solution. This transaction will provide Intuit with a software-as-a-service offering currently used by more than 30,000 healthcare providers, the vast majority of whom are essentially small businesses. Forward-looking Guidance Intuit increased its guidance range for the full 2010 fiscal year, which ends July 31, and expects: • Revenue of $3.410 billion to $3.425 billion, growth of 10 percent. • GAAP operating income of $840 million to $850 million. Non-GAAP operating income of $1.065 billion to $1.075 billion, growth of 15 to 16 percent. • GAAP diluted earnings per share of $1.69 to $1.72, or growth of 25 to 27 percent. Non-GAAP diluted EPS of $2.03 to $2.06, growth of 12 to 13 percent. • Intuit also updated its previous fiscal year revenue guidance for the Consumer Tax segment, which is now expected to grow 12 to 13 percent. All other segment revenue guidance remained unchanged. Conference Call Information Intuit executives will discuss the financial results on a conference call today at 1:30 pm Pacific time. To hear the call, dial 866-238-1645 in the United States or 703-639-1163 from international locations. No reservation or access code is needed. The conference call can also be heard live via webcast at investors.intuit.com/events.cfm. Prepared remarks for the call will be available on Intuit's website after the call ends. Replay information A replay of the conference call will also be available for one week by calling 888-266-2081, or 703-925-2533 from international locations. The access code for this call is 1452142. The audio webcast will remain available on Intuit's website for one week after the conference call. About Intuit, Inc. Intuit, Inc. (intuit.com) is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money. Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year 2009. The company has approximately 7,800 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. About Non-GAAP Financial Measures. This press release and the accompanying tables include non-GAAP financial measures. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with Generally Accepted Accounting Principles, please see the section of the accompanying tables titled "About Non-GAAP Financial Measures" as well as the related Table B and Table E. A copy of the press release issued by Intuit today can be found on the investor relations page of Intuit's Website. Cautions About Forward-Looking Statements This press release contains forward-looking statements, including forecasts of Intuit's future expected financial results; its prospects for the business in fiscal 2010; projected growth in consumer tax for fiscal 2010; and all of the statements under the heading "Forward-looking Guidance." Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from the expectations expressed in the forward-looking statements. These factors include, without limitation, the following: product introductions and price competition from our competitors can have unpredictable negative effects on our revenue, profitability and market position; governmental encroachment in our tax businesses or other governmental activities or public policy affecting the preparation and filing of tax returns could negatively affect our operating results and market position; if economic and market conditions in the U.S. and worldwide continue to decline, our customers may delay or reduce technology purchases which may harm our business, results of operations and financial condition; we may not be able to successfully introduce new products and services to meet our growth and profitability objectives, and current and future products and services may not adequately address customer needs and may not achieve broad market acceptance, which could harm our operating results and financial condition; any failure to maintain reliable and responsive service levels for our offerings could cause us to lose customers and negatively impact our revenues and profitability; any significant product quality problems or delays in our products could harm our revenue, earnings and reputation; our participation in the Free File Alliance may result in lost revenue opportunities and cannibalization of our traditional paid franchise; any failure to properly use and protect personal customer information could harm our revenue, earnings and reputation; our acquisition activities may be disruptive to Intuit and may not result in expected benefits; our use of significant amounts of debt to finance acquisitions or other activities could harm our financial condition and results of operations; our revenue and earnings are highly seasonal and the timing of our revenue between quarters is difficult to predict, which may cause significant quarterly fluctuations in our financial results; predicting tax-related revenues is challenging due to the heavy concentration of activity in a short time period; we have implemented, and are continuing to upgrade, new information systems and any problems with these new systems could interfere with our ability to deliver products and services and gather information to effectively manage our business; our financial position may not make repurchasing shares advisable or we may issue additional shares in an acquisition causing our number of outstanding shares to grow; and litigation involving intellectual property, antitrust, shareholder and other matters may increase our costs. More details about these and other risks that may impact our business are included in our Form 10-K for fiscal 2009 and in our other SEC filings. You can locate these reports through our website at investors.intuit.com. Forward-looking statements are based on information as of May 20, 2010, and we do not undertake any duty to update any forward-looking statement or other information in these materials.
Personal Finance - How to Get Personal Debt Solutions ... - PRLog (free press release) Posted: 26 May 2010 12:16 PM PDT PR Log (Press Release) – May 26, 2010 – At any phase of your life, you may have faced a personal finance problem and you find personal loan as a solution to it. With numerous offers in the market and to get the best deal, you should keep certain aspects in concern.    * Research and inquire your option with the bank and compare these loan offers with other various financial institutions and bank.    * Don't get attracted to the interest rate quoted in the advertisement. There are lender who offers a flat rate, but do remember there are many who often use risk-based pricing for bad credit loans.    * While borrowing a loan take the repayment period into consideration. You can choose a longer payment tenure it would give you a lower monthly payment.    * The amount you borrow has an effect on the interest rate. Do compare prices of larger loan with smaller loans as the personal loan company's uses lower rates for higher loans.    * Do inquire about redemption penalties; there may be redemption penalties for redeeming your loan before the agreed date. Beside this, also try to inquire the consequence for the defaulters.    * Before taking a loan, do consider exclusions in the payment protection insurance for you. The rising personal finance problem can lead to personal debt as well. This financial crunch can lead to several problems related to the mounting debt. But don't worry with certain action plans; you can control your debt. The going up use of credit card has fragmented the debt creating a ground for card debt. These are the following things you must consider in order to find a legitimate solution for your liability problem:    * A recommended debt solution for card debt is minimizing the use of credit card.    * Don't burden yourself with lots of loan. It can bring your finances down.    * Know all the details of the hidden credit card bills, its interest rate, is payment flexible or not, is the debt is secure or unsecured. After fulfilling all the queries, you will know exactly what are you about to face?    * Another option is to reduce your interest rate, just a call to a network who negotiate with the lender to lower your interest reducing your personal debt    * Don't get back your old habit of spending, and try to reduce the number of credit cards. This will definitely help you to get rid of card debt and reduce your financial trouble. If you are over $10,000 in unsecured debt it would be wise to contact a debt settlement company while conditions are so favorable. A legitimate debt settlement company will be able to eliminate 60% of your unsecured debt on average. There are now online services that will compare debt settlement companies for consumers and provide a top performing company in their area. Five Filters featured article: The Art of Looking Prime Ministerial - The 2010 UK General Election. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

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