| No rinsing needed
All Sam Grigorian needs to wash a car is an egg and about one-eighth of a gallon of water.The "egg" is a mobile car-washing device that carries a 20-gallon tank of cleaning fluid. ProntoWash is the Miami-based company that uses the egg, and Grigorian opened a franchise last month in the east end of the parking lot of Fashion Fair mall near Gottschalks in Fresno.ProntoWash uses tiny amounts of water mixed with what employees call "miracle lotion."The Fashion Fair car wash operates under a tent and did not require any drains to be installed in the parking lot. Employees spray on the fluid and wipe down the car.No rinsing needed. The eggs are stored in a separate area.Customers leave their cars while they shop.ProntoWash typically locates in shopping malls or movie theaters, Grigorian said. He opened the Fresno franchise with Grigor Merdzhimekyan and hopes to open more locations here.Love on a skateboardChase Allen grew up in Fresno, graduated from Edison High School and is trying to make it as a screenwriter in Hollywood.
Hooksett, developer look for right fit
Feldco Development Corp., the company proposing the Cabela's project in Hooksett, is described as professional and a "class act" by a member of a local planning board in Maine, but another warns Hooksett officials to clarify every detail and put everything in writing. In Rhode Island, where Feldco developed a major shopping center, the corporation created an outcry among local artists upset over the project. Connecticut-based Feldco is run by president Barry Feldman and his partner, Gene Beaudoin. Last month, the company proposed a new financing deal for Hooksett. "Cabela's would very much like to open a facility in Hooksett," said Ed Eckman, site evaluation coordinate for Cabela's, a Nebraska-based sporting goods company. "Feldco is a continuation (of) our original work with the community and is the best way for everyone to make it a reality." Hooksett's legal advisor, David Barnes, said the plan would limit Hooksett taxpayer liability.
Zoya Professional Nail Lacquer Presents 2 New Collections, Uptown and Downtown, for 1 Gorgeous Fall
Zoya professional nail lacquer presents two new collections for Fall 2007 - Uptown and Downtown. Make a style statement: choose Uptown containing 6 updated, stylish berries or Downtown with it's 6 urban, electric shades, including this years hot hues, gunmetal gray (Freja) and eggplant (Lael). All in the world's best selling, healthy, natural nail Zoya formula. Cleveland, OH (PRWEB) August 8, 2007 -- Zoya professional nail lacquer presents two new collections for Fall 2007 - Uptown and Downtown. Make a style statement: choose Uptown containing 6 updated, stylish berries or Downtown with it's 6 urban, electric shades, including this years hot hues, gunmetal gray (Freja) and eggplant (Lael). All in the world's best selling, healthy, natural nail Zoya formula. "Whatever the fashion vibe this Fall, Zoya has the healthy color nail look to suit it with it's new Uptown and Downtown collections".
Kentuckians may be eligible for Ameriquest settlement funds
There is still time for Kentuckians to get part of more than $880,000 in restitution funds from mortgage-lender Ameriquest, as part of a $325 million national settlement of a predatory lending lawsuit against the company.About 2,000 Kentuckians are believed to be eligible for the funds and those wanting to participate should submit an application for them by Sept. 10.The news comes while the mortgage industry in general is in turmoil. The Securities and Exchange Commission on Friday began looking into the vulnerability of Wall Street banks to home-loan defaults. Foreclosures have been taking place at record rates across the country because homeowners took on mortgages too large for their means or were unaware of terms that would change their interest rates.The settlement with Ameriquest resolves allegations by the Attorneys General offices and banking and finance regulators of the District of Columbia and every state except Virginia (where Ameriquest did not do business) that Ameriquest and its affiliates misrepresented and did not adequately disclose the terms of home loans, such as whether a loan carried a fixed or an adjustable rate; charged excessive loan origination fees and prepayment penalties; refinanced borrowers into improper or inappropriate loans; and improperly inflated appraisals used to qualify borrowers for loans.Under the settlement, more than 481,000 borrowers who were customers of Ameriquest Mortgage Company, Town and Country Credit Corporation, and AMC Mortgage Services, Inc.
Scott+Scott, LLP Files Securities Class Action Lawsuit Against American Home Mortgage Investment Corp. On Behalf of ...
COLCHESTER, Conn., Aug. 3, 2007 (PRIME NEWSWIRE) -- On August 2, 2007, Scott+Scott, LLP filed a class action against American Home Mortgage Investment Corp. (``American Home Mortgage'' or the ``Company'') (NYSE:AHM - News) and certain officers and directors in the U.S. District Court for the Eastern District of New York. The action is on behalf of American Home Mortgage common stock purchasers during the period July 26, 2006, through July 27, 2007, inclusive (the ``Class Period''), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
Bear Stearns Announces Management Changes
The Bear Stearns Companies Inc. (NYSE: BSC) announced today that, effective immediately, Alan D. Schwartz has been named the companys sole president, and Samuel L. Molinaro, Jr. will become chief operating officer in addition to his current duties as chief financial officer. Jeffrey Mayer, co-head of the Fixed Income Division, has been named to the Bear Stearns Executive Committee. Warren J. Spector has resigned his positions of president and co-chief operating officer, member of the Executive Committee and member of the Board of Directors of Bear Stearns. Commenting on the management changes, James E. Cayne, chairman and chief executive officer of The Bear Stearns Companies Inc., said, "In light of the recent events concerning BSAMs High Grade and Enhanced Leverage funds, we have determined to make changes in our leadership structure.
Prep volleyball players begin new era with fall season
ANN ARBOR, Mich. -- The start of prep volleyball practice this week brought a new era to high school sports in Michigan. For the first time Monday, girls volleyball players began their season in the fall _ not the winter. And girls basketball players, who usually start practicing now, will wait until the winter. The switch in seasons is the result of a nine-year legal battle over gender equity in prep athletics. Brittany McGinnis, an all-state senior setter at Fraser High School, is used to working into basketball shape in August. But now she said she probably won't play basketball so she can play club volleyball in the winter and prepare for college. She has made a verbal commitment to Ball State. "It's going to be tough not playing basketball," McGinnis, who helped Fraser advance to the Class A state championship game last year, told The Detroit News for a Tuesday story.
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