"Repeal the ethanol mandate and receive appox. a 10% MPG efficiency dividend. About $25 Billion/year..."
The Nasdaq's rule makers have told execs at animal hospital venture Pet DRx that the company's shares (Ticker: VETS) need to close above $1 for 10 consecutive sessions by next March. The Brentwood-based company's board already has taken some steps that would allow it to conduct a reverse split.
Sep 21, 2009 7:36 AM
State ECD officials late on Friday said they have asked a State Building Commission subcommittee to defer any discussion of funding the planned Haywood County megasite until later this month. Area landowners apparently need some more time to get their arms around the site's exact specs.
“Haywood County Mayor Franklin Smith has worked extraordinarily hard in putting this project together and is to be commended for his strong leadership. There is a great spirit of cooperation and excitement among property owners in the area,” said Commissioner Kisber “We fully anticipate all remaining details will be resolved in the coming days, and the land options exercised before the Oct. 31 deadline.”
Sep 21, 2009 7:27 AM
Via the FDIC, First Freedom Bank in Lebanon says someone is writing counterfeit cashier's checks that bear its name.
The counterfeit items display the routing number 064109086, which is assigned to First Freedom Bank. A security feature statement is embedded in a darkened top border and along the bottom border between two padlocks. The words "CASHIER'S CHECK" appear slightly off center at the top of the items.Three-year-old First Freedom has about $220 million in assets and lost $1.1 million in the first half of this year.
Sep 18, 2009 2:46 PM
Quick, who do you think said this: "Payment option ARMs are about to explode." A: Nouriel Roubini, aka Dr. Doom, arguably the most negative voice on the economy and markets B: JPMorgan Chase CEO Jamie Dimon C: Iowa Attorney General Tom Miller after speaking with President Obama Get the answer here. HT: Calculated Risk
Sep 18, 2009 2:35 PM
Research Todd Campbell says the economy's long-term growth trend will allow it to smoothly digest health insurance reform. He breaks down the numbers and comes up with another $2 billion in annual profits for the sector and encourages investors to jump in.
The focus on gross margin risk is priced-in and somewhat offset from cost cuts. We also believe margin compression will prove far less than feared. On higher revenue growth, this allows more dollars to drop to earnings per share; suggesting prices are cheaper to earnings than they appear.
Sep 18, 2009 12:21 PM
Speaking to a House Financial Services subcommittee, Smart Data Strategies CEO Susan Marlow says regulators and lawmakers looking to get a handle on systemic risk in the financial services sector should think about using her services.
Under the Home Mortgage Disclosure Act, data on mortgage transactions is collected at the census track level, which includes large areas spanning different neighborhoods, versus at the individual parcel level. Individual parcel data has been proven to provide more accurate measures of distribution of households by income level, for instance.
Sep 18, 2009 11:22 AM
Front Line Management, the artist representation firm run by Ticketmaster CEO Irving Azoff, has acquired a stake in Denise Stiff's DS Management, which has worked with Alison Krauss and Union Station for more than two decades. For its part, Front Line represents The Eagles, Aerosmith and Jimmy Buffett, among others. Hmmm, some interesting possible duets there once Kraus tires of Robert Plant. SEE ALSO: Azoff's other recent Nashville deal
Sep 18, 2009 7:47 AM
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