"We seem further along than 50%."
grantlandhammond
"Repeal the ethanol mandate and receive appox. a 10% MPG efficiency dividend. About $25 Billion/year..."
tonygottlieb
"When we moved here in 1959 the price was 19.9 cents per gallon at the Peoples gas station at..."
Captain Bringdown
"Haha...the cheapest I can say I remember is 95 cents per gallon. My neighbour who is almost 80..."
Ericbill
"Lets look at the real facts. In the months preceding the Conservative Crash in 2008 oil hit, I..."
Ericbill
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Brookdale exec trims stake
Co-President and COO John Rijos sold almost 29,000 of his shares in the senior housing company (Ticker: BKD) to help him pay taxes on the vesting of some restricted shares. The sales raised about $500,000. Aug 13, 2009 7:22 AM
Wait, wasn't Q2 supposed to be the kitchen-sink quarter?
Analysts at Credit Suisse have joined the parade of those saying regional banks are in for an even tougher couple of quarters as commercial real estate gets sicker. But you don't have to be first when you put it more pithily than others and say the fourth quarter will be "the kitchen sink of kitchen sinks." Aug 12, 2009 1:46 PM
Imaging player to open franchise here
Aug 12, 2009 1:23 PM
OHL adds audit VP
Aug 12, 2009 12:05 PM
One reason to avoid financial stocks
Gluskin Sheff economist David Rosenberg points out what several others are saying: As much as housing's collapse has hurt lenders, the expected crash coming in commercial real estate will hurt worse.Zillow just reported that 23% of U.S. homeowners are “upside down” on their mortgages (negative net equity), up from 21% in 1Q, and under current home price trends, with all deference to the tentative signs of ‘stabilization’ at the low end, that share will rise to 30% next year. That cannot possibly be good news for the U.S. financials, especially since we know that commercial real estate loan defaults are going to be an even bigger problem for the lending community.
Aug 12, 2009 11:40 AM
Analyst action: Healthcare Realty, LP
Morgan Keegan has raised its opinion of Healthcare Realty to 'outperform' from 'market perform.' The Nashville-based REIT (Ticker: HR) earlier this week reported better-than-expected Q2 results. The stock is up about 1 percent in pre-market trading. Over at Goldman Sachs, analyst Joe Stivaletti has lowered his rating of Louisiana-Pacific to 'neutral' after its recent run. The stock (Ticker: LPX) is set to open down about 3 percent. Aug 12, 2009 8:12 AM
Tortola into its first turnaround
"As more and more aluminum processors have filed Chapter 11, or simply gone out of business, scrap dealers have become reluctant to extend trade credit, making it tough for otherwise healthy companies like TriStar," said Mr. Gonzales. "Now that we've filed to reorganize, our trading partners can be confident that obligations going forward won't get stuck as pre-petition debts."
Aug 12, 2009 7:27 AM
Belmont still riding debate wave
"It will always stand out as one of our most significant moments. It was a chance for us as a university to be an important player on matters of national importance," said McDonald.
Aug 12, 2009 7:23 AM
Murfreesboro bank founders resign
"The size of this downturn caught all of us a little off guard,'' Jack Weatherford said. "I've been in this 40 years and have been through several cycles, and I've never seen one this severe."SEE ALSO: MidSouth's first-quarter report, which detailed some of the other savings measures already enacted, moves that included cutting director fees and renegotiating the bank's data-processing deal
Aug 12, 2009 7:21 AM
Cold water on hot LP shares
UBS analyst Gail Glazerman says the big jump in Louisiana-Pacific — which doubled in less than a month — is "overdone" and "premature" given the challenges the company still faces. The stock (Ticker: LPX) duly fell more than 6 percent. Then again — and even taking into account the housing market's collapse — wasn't last year's ski slope from $10 to $1.50 overdone and premature, too? Aug 12, 2009 7:12 AM
