The influence of intrinsic firing interspike interval correlations on the noise spectrum and information transfer is studied. This is done through the comparison of two simple firing models, one of which is a renewal process while the other displays interval correlations. These correlations are shown to shape the spike train power spectrum and, in particular, to decrease the noise power at low frequencies. Linear response theory and numerical simulations reveal how this shaping can increase the transmission of information about a time-varying signal. Our results are relevant to the analysis of nonrenewal point processes and signal detection in physics and biology.