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Notable Bankruptcies Of 2009: Q3

Mon, 05 Oct 2009 13:01:00 GMT

Notable Bankruptcies Of 2009: Q2

Thu, 02 Jul 2009 16:29:00 GMT

In January I predicted (see Notable Bankruptcies of 2009: Q1) that “major” bankruptcies in 2009 would challenge the 383 mark set in 2001 (the high-water mark after the dotcom bubble). I even suggested that it was possible that we could exceed 400 “major” bankruptcies in 2009. According to Bankruptcydata.com, there have been 156 “major” filings thus far in 2009. Assuming that bankruptcies are equally distributed throughout the year, this puts us on pace for 312 bankruptcies. That is tracking well shy of my prediction. In fact, bankruptcies were down significantly from Q1 to Q2, as there were 90 bankruptcies in the first quarter but only 66 in the second. That stylized fact begs the question: Is that a “green shoot”[More...]

Seven Stocks To Watch Today

Thu, 28 Aug 2008 15:51:00 GMT

Almost done with my trip, goin’ to Canada today, then back to NYC next week…[More...]

NASDAQ Technical Picture - Testing Trendline

Tue, 27 May 2008 16:10:21 GMT

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BRIEF: Triangle Stocks Took a Beating: Salix Posted Best Results of 25 Companies; 13 Outperformed the S&P 500

Thu, 01 Jan 2009 14:16:00 GMT

Jan. 1--It was a dismal year for local stocks.
Of 25 public companies based in the Triangle, only three saw their share prices rise in 2008.
Salix Pharmaceuticals was the Triangle's top performer, logging a 12 percent gain.

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More in Triangle Are Without Jobs: Unemployment Rate Hits 5.4 Percent

Sat, 27 Sep 2008 09:55:00 GMT

Sep. 27--The Triangle area's unemployment rate continued its steady climb in August, as the national slump and soaring energy prices hurt hiring prospects for job seekers.
The jobless rate for the region that includes Durham, Johnston, Orange and Wake counties was 5.4 percent in August, according to data released Friday by the N.C. Employment Security Commission and adjusted for seasonal effects by Wachovia in Charlotte.
Still, this region's job market remains stronger than that of the nation, which saw the unemployment rate jump to 6.1 percent in August.

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Dex Reinvents Online Local Search with the New DexKnows.com - Feb 25 2009 10:08AM

Wed, 25 Feb 2009 12:57:00 GMT

Completely New Site Enables "Hyperlocal" Search, Provides Search by Descriptive Phrase and Delivers More Targeted Results[More...]

R.H. Donnelley Stock to Trade Over the Counter

Wed, 31 Dec 2008 22:41:00 GMT

R.H. Donnelley Corporation, one of the nation's leading Yellow Pages and online local commercial search companies, announced today that The New York Stock Exchange has determined that the trading in the common stock of R.H. Donnelley should be suspended in view of the fact that the Company did not maintain a market capitalization of at least $25 million over a consecutive 30 trading day period as required by the continued listing standards. As a result of the suspension of the NYSE listing, R.H. Donnelley expects its common stock to begin trading over-the-counter on the Pink Sheets beginning on January 2, 2009 under the symbol RHDC. Pink Sheets provides the leading inter-dealer electronic quotation and trading system in the OTC securities market.[More...]

New Dex Yellow Pages Resolve to Help Denver Residents Find the Right Local Information in 2009

Tue, 30 Dec 2008 12:25:00 GMT

Looking for a downtown Denver gym to help launch that New Year's resolution? Trying to be better about eating at healthier restaurants in 2009? With the new 2009 Denver Metro Dex Yellow Pages, Denverites now have an updated source to turn to - not just for businesses that will help them keep their New Year's resolutions, but year-round.[More...]

Jackpot! Las Vegas Residents Come Up Aces With Distribution of New EMBARQ(R) Yellow Pages Brought to You by Dex

Wed, 24 Dec 2008 12:25:00 GMT

New Directories - Along With DexKnows.com - Provide Updated Information on Thousands of Local Businesses[More...]

Slam Dunk! Central Florida Consumers Make a Fast Break to Local Businesses with Dex and Orlando Magic

Tue, 02 Dec 2008 12:26:00 GMT

New Yellow Pages Directories Feature Photos of Beloved Basketball Team and Updated Local Information[More...]

Dex Seeking New Affiliates to Participate in Affiliate Marketing Program

Mon, 17 Nov 2008 12:25:00 GMT

Program Helps Site Owners Drive Traffic and Revenue Via DexKnows.com[More...]

R.H. Donnelley Receives Notice Regarding NYSE Listing

Fri, 14 Nov 2008 23:10:00 GMT

CARY, N.C., Nov. 14 /PRNewswire-FirstCall/ -- R.H. Donnelley Corporation , one of the nation's leading Yellow Pages and online local commercial search companies, was notified today by the New York Stock Exchange (NYSE) that the Company was not in compliance with two NYSE standards for continued listing of the Company's common stock on the exchange.
Specifically, the Company is considered below criteria by the NYSE because (i) the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30-day trading period and (ii) the Company's average total market capitalization has been less than $75 million over the same period and its last reported stockholders' equity was less than $75 million.
Consumers depend on the Company's reliable, local business content to deliver the most relevant search results when they are seeking local goods and services.

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Dex Wins 2008 Publisher Recognition Award from Association of Directory Marketing

Mon, 10 Nov 2008 12:25:00 GMT

'Communications Award' Recognizes Dex's Ability to Help CMRs Improve Efficiencies, Solve Challenges and Implement Successful Ad Programs[More...]

/C O R R E C T I O N -- R.H. Donnelley Corporation/ - Oct 23 2008 9:08AM

Thu, 23 Oct 2008 12:55:00 GMT

In the news release, R.H. Donnelley Reports Third Quarter Results today by R.H. Donnelley over PR Newswire, we are advised by the company that the second footnote following the Safe Harbor Provision, should read "amount of $22 million for $7 million in September" rather than "amount of $22 million or $7 million in September" as originally issued inadvertently. Complete, corrected release follows:[More...]

R.H. Donnelley Reports Third Quarter Results

Thu, 23 Oct 2008 11:26:00 GMT

R.H. Donnelley Corporation , one of the nation's leading Yellow Pages and online local commercial search companies, today reported third quarter net revenues of $648 million. Adjusted EBITDA in the quarter was $334 million. Adjusted free cash flow was $108 million, based on cash flow from operations of $110 million, capital expenditures of $17 million and $15 million of other adjustments. Third quarter advertising sales were $504 million, down 8.3 percent from pro forma advertising sales for the same period in the prior year. Net income and EPS for the quarter were $26 million and $0.38 per share, respectively. As of September 30, 2008, RHD's net debt outstanding was $9,564 million, excluding the purchase accounting fair value adjustment of $91 million.[More...]