MSC Industrial Direct to acquire Utah distributor

Melville-based MSC Industrial Direct Co. has signed an agreement to acquire Salt Lake City-based ATS Industrial Supply.

The deal is expected to close Jan. 31, company officials said.

MSC, a distributor of metalworking and maintenance, repair and operations supplies, will finance the acquisition of ATS, also a metalworking and MRO distributor, using available cash, although terms of the transaction were not disclosed.

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Along with its Salt Lake City location, ATS also has locations in Phoenix, Ariz.

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Day 23: Improve Your Credit Score

A good credit score can improve your chances of getting a loan, renting a house, getting good insurance rates, and even landing a job. A good score also means youll qualify for better interest rates on your mortgage, potentially saving you thousands over the life of that loan.

Earlier in the series we discussed reviewing and cleaning up your credit report. Thats a good first step in building a good score, which is just a numerical representation of your report. The next step to improving your credit score is understanding the major factors that go into creating your score.

Luckily, we dont have to guess at what these factors are. FICO tells us what they are.

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January 19, 2012 • Tags: Credit Score, Score • Posted in: Financial Analyst • No Comments

5 Things To Do NOW If You Want to Buy A Home In 2012

At this point in December, it can start to feel like the New Year – along with all our hopes, dreams, wishes and expectations for it – are barreling down on us. Personally, I’m a rabid Resolution-setter, and I have a pretty strong track record of making New Year’s changes actually happen – and stick.  But what I know after years of using the New Year as a great excuse to set and meet some goals is that it’s very, very helpful to get a head start, ramping-up to new habits, behaviors and target goals achievements starting in December.

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path:

1.    Check your credit. Take my word for it: there is no bad surprise worse than a bad credit surprise. Okay, maybe t

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Infusing Your Business With Platform Thinking

Marketing podcast with Phil Simon

I’ve been talking about this idea of a business platform for some time now. The notion is that your business can be so much more than a group of products and services. T

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How to Keep Cash Flow Coming In

One of the main problems facing Americans today is a lack of cash flow. As the economy gets worse and gas prices go up, it is getting harder to make ends meet. If you are completely reliant on your paycheck each month, the last few days or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to increase your monthly cash flow.

1. Clean out your house.

Have a bunch of stuff sitting around your home that you don’t need anymore? Join the world’s biggest yard sale on Ebay and start getting rid of it. You

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January 13, 2012 • Tags: Cash Flow, Flow • Posted in: Financial Guide • No Comments

2011 Net Worth Review

Its been a awhile since I posted an updated chart of our net worth growth. Here a net worth growth update including all of 2011:

Progress continues to be made, but the better part of 2011 appears to be a wash. Perhaps an important observation is net worth growth is looking a lot more linear compared to the exponential net worth growth we’ve aimed for. Key drivers of our net worth change in 2011 include:

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January 9, 2012 • Tags: Net Worth, Worth • Posted in: Financial News • No Comments

Pacific West Capital Group to Host Seminars in Irvine

Pacific West Capital Group announced today that they will host informational seminars on January 17 and 18 at Ruth’s Chris Steakhouse in Irvine, California. Pacific West Capital Group representatives will discuss investing in the Life Settlement market. The company has specialized in the sale of beneficiary interests in life settlements to individual investors for the past seven years.

The life settlement market is the secondary market for life insurance. Read full article…