Arcive of financial news
L & L Financial Holdings Inc. said it plans to apply for listing on the NASDAQ stock exchange.
The Seattle company is currently listed on the over-the-counter bulletin board exchange (LLFH). It said it has named two independent directors — Joe Borich and Shirley Kiang — and a new chief financial officer, Gene Bennett. […]
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The West Hawaii Regional Board of Directors of the Hawaii Health Systems Corp. announced Monday that Donald Lewis, CEO of Kona Community Hospital and Kohala Hospital has resigned.
Chief operating officer Earl Greenia will be interim CEO, effective April 1, the board said. Greenia will work with Lewis for six months to "ensure […]
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Shares of Ambac Financial Group Inc. fell sharply in early Friday trading after struggling bond insurer Ambac Financial Group Inc. priced a $1.16 billion public offering of about 171.1 million common shares at $6.75 per share.
Ambac shares fell 82 cents, or 11.1%, to $6.60 in morning trading. Shares have traded between $4.50 and $96.10 […]
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Ladenburg Thalmann Financial Services Inc. reached a deal to buy Punk, Ziegel & Co. for an undisclosed amount, the investment bank said Wednesday.
Based in New York, Punk Ziegel is a specialty investment bank offering services like research, brokerage and investment management.
Founded in 1990 by William J. Punk Jr., the company focuses on health care […]
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Ouray Sportswear LLC will move its corporate headquarters and manufacturing plant to 1201 W. Mansfield Ave., Englewood, at the end of March.
More than 140 employees will move with the company, which designs and manufactures decorated apparel and headwear for resort, corporate and collegiate customers nationwide.
The Englewood site has more than 70,000 […]
Filed under: money by Wolf
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New York state Attorney General Andrew Cuomo has announced that the nation’s two largest purchasers of home loans have agreed to buy only from banks that meet new appraisal standards.
Fannie Mae and Freddie Mac, which purchase roughly 60 percent of all home loans originated in the United States, have agreed to the establishment […]
Filed under: business by Wolf
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Microsoft Corp. will cut the price of some versions of Windows Vista, the software maker said late Thursday.
The move came a day after court filings revealed internal dissent over which Windows XP computers would be considered capable of running the new operating system - and a feeling on at least one executive’s part that […]
Filed under: management, news by Wolf
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An Alabama contractor has been sentenced to more than two years in federal prison for spending government money issued for a helicopter construction project to pay off his mortgage.
William C. Childree, owner of Maverick Aviation Inc. in Enterprise, was sentenced to 27 months in prison and three years supervised release for spending […]
Filed under: technology by Wolf
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