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The Florida Times-Union, Jacksonville, Mark Basch Column

Mon, 26 Oct 2009 21:46:00 GMT

Oct. 26--The early 1990s were a good time to go public.
One was MPS Group Inc., which was known as AccuStaff when it went public in August 1994 at $1.75 a share (after adjusting for two subsequent stock splits).
But like other IPOs that jumped up in price in the 1990s, MPS's stock dropped after the market tanked in 2000 and never traded near those levels again.

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The Palm Beach Post, Fla., Kimberly Miller Column: Palm Beach County and Treasure Coast Home Sales Surge As Credit Opportunity Knocks

Sat, 24 Oct 2009 19:59:00 GMT

Oct. 24--Sales of existing homes in Palm Beach County jumped 43 percent in September compared with the same month last year, a sign that the $8,000 tax credit is working and another indicator that the market is clawing its way back, experts said.
Treasure Coast sales showed a 53 percent increase from September 2008.
The data, released Friday by Florida Realtors in conjunction with a report from the National Association of Realtors, showed that 746 homes were sold in Palm Beach County in September and 572 were sold in the Treasure Coast.

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The Foreclosure Crisis, Foreclosed Properties, and Federal Policy: Some Implications for Housing and Community Development Planning

Thu, 01 Oct 2009 07:47:00 GMT

The U.S. foreclosure crisis and the larger financial crisis it precipitated have had, and will continue to have, a wide variety of direct and indirect impacts on neighborhoods, cities, and metropolitan regions (Schilling, 2009).
This discussion is based largely on informed speculation, but also on some changes in housing finance that are already evident.
Speculation around postcrisis changes in development patterns has clearly already begun (Florida, 2009; Leinberger, 2008).

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FIRST COAST TICKER: ISC Optimistic About Future Earnings, NASCAR

Mon, 13 Jul 2009 18:08:00 GMT

Jul. 13--International Speedway Corp.'s business continues to be impacted by the recession, as it reported lower revenue and earnings last week for the second quarter ended May 31.
But at least its results were a bit better than expected.
The Daytona Beach-based company, which operates the Daytona International Speedway and 12 other motorsports facilities, reported second-quarter adjusted earnings of 35 cents a share.

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Fortune 500 Down to Two in Jacksonville

Tue, 21 Apr 2009 18:15:00 GMT

Apr. 21--Jacksonville can boast of only two Fortune 500 companies this year, as the two Fidelity National companies that made the 2008 list dropped in the rankings this year.
Winn-Dixie Stores Inc. ranked 340th (up from 347) with $7.3 billion in revenue in its last fiscal year.
The cutoff for making the Fortune 500 was $4.6 billion in revenue.

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Fortune 500 Down to Two in Jacksonville

Mon, 20 Apr 2009 20:18:00 GMT

Apr. 20--Jacksonville can boast of only two Fortune 500 companies this year, as the two Fidelity National companies that made the 2008 list dropped in the rankings this year.
Winn-Dixie Stores Inc. ranked 340th (up from 347) with $7.3 billion in revenue in its last fiscal year.
The cutoff for making the Fortune 500 was $4.6 billion in revenue.

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Regional Stocks Struggling, but Stein Mart Rebounds

Mon, 06 Apr 2009 17:57:00 GMT

Apr. 6--I'll bet you can't guess the best performing Jacksonville stock in the first quarter of this year.
It was Stein Mart Inc., with a 156 percent gain.
Yes, the same Stein Mart that two weeks ago reported a $71.3 million loss for fiscal 2008 and a 9 percent drop in total sales.

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Foreclosure Cataclysm Hits Anew in L.A. Area

Wed, 11 Mar 2009 20:16:00 GMT

Mar. 11--Home foreclosures in Los Angeles County soared more than 60 percent in February after moderating for several months, a sign that mounting job losses are exacerbating the market's woes, an industry tracker said today.
Foreclosures and notices of default both made huge jumps from the prior month and the previous year, suggesting that unemployment has joined bad loans in beating down the housing market, Foreclosures.com analysts wrote in a new report.
"Despite the efforts to stem foreclosures by government and many banks, the hopeful signs of the last quarter of 2008 and January didn't follow through in February," company President Alexis McGee said in an interview Tuesday.

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BRIEF: Former BofA Exec to Manage Wachovia Portfolio

Thu, 04 Dec 2008 20:51:00 GMT

Dec. 4--A former Bank of America Corp. executive will help Wells Fargo & Co. manage the troubled Pick-A-Payment loan portfolio it's acquiring in its planned Wachovia Corp. purchase.
Caruso will work on a consulting contract, remaining with Lender Processing Services, LPS said today.
Charlotte-based Wachovia, saddled with losses from the Pick-A-Payment portfolio it acquired in 2006 from Golden West Financial Corp., is being sold to Wells Fargo in a deal expected to close at year end.

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Marlin & Associates Adds Senior Technology Banker, Afsaneh Naimollah, to Lead Its Technology Investment Banking Practice

Mon, 09 Nov 2009 10:47:00 GMT

Marlin & Associates New York LLC ("M&A"), the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international middle-market technology, information and business services firms, announced today that Afsaneh Naimollah has joined the firm's investment banking advisory team as a Partner, based in New York City.
She will lead M&A's activities in these areas.
"Afsaneh comes to M&A with an impressive background," commented Ken Marlin, Founder and Managing Partner of Marlin & Associates.

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RidgewaterEquity.Com Free Fundamental Sector &Amp; Market Research on TCO, WEC, PNR, LPS, TEC and DTG

Thu, 22 Oct 2009 11:07:00 GMT

RidgewaterEquity.com inspires to bring the best from the internet under one roof, providing you with a one click option to view what the market, researchers and financial pundits worldwide have to say about any particular large cap stocks in any given financial environment.
Once you sign up as a free member you will have free unlimited access to all our reports, research tools and more.
We have recently begun in-depth analysis of the following equities & their respective sectors:

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NYSE Euronext Agrees to Sell Hugin Group to Thomson Reuters

Tue, 22 Sep 2009 10:46:00 GMT

Marlin & Associates New York LLC ("M&A"), the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international middle-market technology, information and business services firms, today announced that M&A client NYSE Euronext has signed an agreement to sell Hugin Group to Thomson Reuters.
As part of the agreement, Thomson Reuters and NYSE Euronext will expand their strategic partnership toward offering value-added services to the issuer community.
Currently, Hugin helps over 1,700 companies in Europe to meet their communications and disclosure obligations.

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Marlin & Associates Named a Finalist for Three Global M&A Awards

Thu, 27 Aug 2009 09:55:00 GMT

NEW YORK, NY -- -- 08/27/09 -- Marlin & Associates New York LLC, the boutique investment banking firm specializing in acquisitions and divestitures of U.S. and international middle-market technology, information and business services firms, today announced that The M&A Advisor has named the firm a finalist for three of its Global M&A Awards, including Global Investment Banking Firm of the Year .[More...]

Legend Power Launches North American Sales & Marketing Program

Wed, 19 Aug 2009 12:55:00 GMT

/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Company Announces Appointment of Vice President, Sales & Marketing[More...]

Legend Power provides update on incentive share option plan and grants

Fri, 14 Aug 2009 20:55:00 GMT

/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ BURNABY, BC, Aug. 14 /CNW/ - Legend Power Systems Inc. (TSX.V: LPS) ("Legend Power") announces that the granting of 235,650 incentive share options previously announced on June 9, 2009 is not proceeding. Legend Power instead announces that it has granted incentive share options to certain directors, officers and employees of the Company to purchase up to 235,650 common shares in the capital of Legend Power pursuant to a new fixed share option plan (the "Plan"). The options are exercisable on or before June 8, 2012 at an exercise price of $0.48 per share.[More...]

Legend Power announces brokered private placement

Thu, 30 Jul 2009 12:55:00 GMT

/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ BURNABY, BC, July 30 /CNW/ - Legend Power Systems Inc. (TSX.V: LPS) ("Legend Power") announces that it has arranged, with the assistance of Phoenix Alliance Corp. ("Phoenix"), subject to regulatory approval, a brokered private placement (the "Offering") of up to 15,000,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of up to $7,500,000. Each Unit will consist of one common share of Legend Power (a "Share") and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one Share at a price of $0.60 per Share ...[More...]

Lender Processing Services, Inc. Reports Record Second Quarter Earnings

Wed, 29 Jul 2009 20:00:00 GMT

Lender Processing Services, Inc. , a leading provider of integrated technology and services to the mortgage and real estate industries, today reported consolidated revenues of $613.2 million for the second quarter of 2009, an increase of 35.3% compared to the second quarter of 2008, and net earnings of $75.2 million or 78 cents per diluted share.[More...]

Lender Processing Services, Inc. Announces Quarterly Dividend

Tue, 28 Jul 2009 20:51:00 GMT

Lender Processing Services, Inc. , a leading provider of integrated technology and services to the mortgage and real estate industries, announced a regular quarterly dividend of $0.10 per common share. The dividend is payable on September 29, 2009, to shareholders of record as of the close of business on September 15, 2009.[More...]

Lender Processing Services, Inc. to Report Second Quarter 2009 Earnings on July 29, 2009 - Conference Call Time Change

Tue, 14 Jul 2009 12:26:00 GMT

Lender Processing Services, Inc. , a leading provider of integrated technology and services to the mortgage and real estate industries, today announced that due to a conflict, it is rescheduling its conference call with the investment community to discuss second quarter 2009 financial results to 8:00 a.m. ET on Thursday, July 30, 2009. Research analysts and institutional investors wishing to participate via the conference call should dial 866-823-5035.The company noted that it is scheduled to report second quarter 2009 financial results after the close of regular market trading on Wednesday, July 29, 2009, as originally announced.A replay of the teleconference will also be available from 11:00 a.m. on Thursday, July 30, 2009 through August 6, 2009 by dialing 888-203-1112 .To access the live webcast of this conference call, go to the investor relations section on LPS' homepage at www.lpsvcs.com. Supplemental materials for this call will be available on the website prior to the call. A replay of the webcast will also be available on the website shortly after the call.About Lender Processing ServicesLender Processing Services, Inc. is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, workflow automation , servicing, portfolio retention and default, augmented by the company's award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS' Mortgage Servicing Package . In fact, many of the nation's top servicers rely on MSP, including eight of the top 10 and 14 of the top 20. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, visit www.lpsvcs.com. Forward-Looking StatementsThis press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the 'Statement Regarding Forward-Looking Information,' 'Risk Factors' and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.[More...]