Posted on Thursday, 15th July 2010 by Laura Hernandez
Doug Kass called the bottom on July 1 via Twitter. It was looking like another legendary call until today happened:
But in fact, Kass was already backtracking in a column this morning:
It still remains my view that the S&P 500 has made its low for the year, but, from my perch, the developing downbeat economic conditions [...]
Posted on Wednesday, 14th July 2010 by Laura Hernandez
But so far, that has not been the case.
In fact, the most recent foreclosure data would seem to suggest that Manatee, Sarasota and Charlotte counties may have dodged the bullet.
The great unknown is just how many loans on properties will ultimately fall into the distressed category.
Foreclosure filings in June hovered around their lowest point since [...]
Posted on Monday, 12th July 2010 by Jeremy Lee
Article by: J.L. Wilson
Associated Oregon Industries
New regulations limiting the ability of employers to use credit histories for prospective employees and job applicants began on July 1 with Oregon Labor Commissioner Brad Avakian marking the occasion by holding sessions of a special seminar on the topic in Portland.
Both sessions were filled with owners, managers, human [...]
Posted on Monday, 12th July 2010 by Jeremy Lee
Smartphone applications that can help you boost sales, manage customer relationships and basicaly run your entire business are getting better and more plentiful by the day. This is the second in Business.com’s series of posts that will profile smartphone business apps that can help you: Complete credit card transactions; Manage customer information; Access documents; Complete [...]
Posted on Monday, 12th July 2010 by Laura Hernandez
They are veteran bankers, but not well-known banks. They have raised sizable war chests of cash to snap up the state’s sickest banks at bargain prices.
These private equity and investor groups also are buying weakened banks that appear salvageable, as well as some healthy banks that need fresh money to grow.
They plan to become the [...]
Posted on Friday, 9th July 2010 by Laura Hernandez
Lifting the fourth-floor concrete support is critical to fully stabilize the 117-unit downtown condominium building, an engineer hired to salvage the structure told a crowd of residents assembled at Sarasota City Hall Thursday night.
“The shoring we’ve done is just catching the building from falling any further,” said David Karins, president of Karins Engineering Group.
Acknowledging that [...]