| Riley Investment Says Regent Comm (RGCI) Should Be Sold, Says ...
In a 13D filing this morning on Regent Communications Inc. (Nasdaq: RGCI), Riley Investment Management disclosed a 6.5% stake (2.5 million shares) in the company and a letter sent to the Board of Directors expressed its view that selling the company may offer the best alternative to realize shareholder value. .
Taxpayers have until April 17 to file with the IRS this year
Income tax time annually is filled with frustration and trepidation, as taxpayers try to make sure they get all the deductions to which they are entitled, without drawing too much attention from the Internal Revenue Service.This year, people will get a couple of extra days to file. The normal April 15 deadline falls on Sunday, and because April 16 is a holiday in the District of Columbia the deadline has been moved to April 17. According to federal law, every holiday in the District of Columbia — April 16 is Emancipation Day — also is a holiday for the entire nation.Enid certified public accountants Johnny Curran and John B. Stambaugh, along with the IRS, have provided some tax tips that will benefit taxpayers: There is a tax credit for federal excise tax erroneously collected on long-distance telephone calls.
Centro Properties Group Designates Five Directors on the Board of ...
Super MergerSub Inc. ("MergerSub"), an affiliate of Centro Properties Group (ASX:CNP), announced today that it has designated five members of the New Plan Excel Realty Trust, Inc. (NYSE:NXL) board of directors. The Centro designees, who will constitute a majority of the eight member board of directors of New Plan, are Andrew Scott, John Hutchinson, Graham Terry, Romano Nenna, and Anthony Torney, all of whom are employees of Centro and members of its executive committee. New Plan directors William Newman, Glenn J. Rufrano, Raymond H. Bottorf, Norman Gold, Matthew Goldstein, Nina Matis, Melvin Newman, and Gregory White have resigned from the board of directors of New Plan. New Plan directors Irwin Engelman, H. Carl McCall and George Puskar will continue to serve on the board as directors and as members of the audit committee pending the completion of the merger.
The QualityStocks Daily Newsletter 3/12/2007
Today Topping The QualityStocks.net Daily Newsletter leader by percentage gained is Atlantis Business Development Corporation, Inc. (ABSD) previously at $0.034 up 76% at $0.06 with 590,733 shares traded. (ABSD) was highlighted today and daily in The Knobias Clip Report.
Atlantis Business Development Corporation, Inc. announced an update late last month (ABDS) Sale of Its Subsidiary EFTAS to Nettel Holdings, Inc. under which Nettel Holdings, Inc. will acquire the majority interest in the EFTAS Employment Program. EFTAS (Employment for the Armed Services) supports our military men and women, seeking civilian employment, as they return to their local communities at the conclusion of their military service.
Atlantis Business Development Corporation operates as a business development company that primarily assists eligible portfolio companies with capital information.
Martha Stewart aims to be online leader in everything lifestyle
NEW YORK (AP) -- Domesticity diva Martha Stewart aims to parlay her authoritative voice on everything about lifestyle to the millions of women who surf the Internet with the relaunch of her namesake Web site. Martha Stewart Living Omnimedia Inc. -- which scaled back its Web operation as a catalog/e-commerce business in 2005 -- is set to officially relaunch marthastewart.com Tuesday as an information portal. The overhauled site, quietly unveiled late last month, features more than 700 videos, including daily episodes of Stewart's TV shows and how-to clips, provides a community where users can chat about such ideas as the latest recipe for chocolate cake, and features a retooled search engine that allows users to browse either by interest such as the latest scrapbooking techniques or by media property from magazines to TV shows.
Sector Snap: Mortgage Lenders
Shares of mortgage lenders sank Monday after the second mortgage bank in two weeks said investors have lost their appetite for "Alt-A" mortgage debt, a type of home loan representing the next-lowest credit tier after subprime. A week after M&T Bank Corp. said it was having trouble selling its Alt-A loans, American Home Mortgage Investment Corp. said it faced far fewer buyers bidding materially lower prices in an auction of Alt-A mortgage debt last month. The secondary market for subprime mortgage debt began unraveling this year as home prices cooled and lenders reported a spike in missed payments among borrowers with the worst credit. The statements from M&T Bank and American Home Mortgage suggest the deterioration in subprime is spreading to higher-quality credit tiers.
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