Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Monday, March 2

Southern Company sees rise in short interest

Southern Company reported a rise of 8,433,080 shares or 31.2% in the short interest. The remaining shorts are 3.9% of the total floated shares. The net short interest, as on February 13,2015, stood at 35,459,749 shares and the stocks days to cover will be 4 by factoring in the average per day volume of 8,103,487 shares. On January 30,2015, 27,026,669 shares were shorted. – Stafford Daily

Credit Union board race heats up

The aftermath of a 2013 scandal that saw top executives at the $603 million Alabama One Credit Union temporarily suspended from their positions has spilled over to this year's board election. Jerry Logan, a former board member when Alabama One was the BF Goodrich Federal Credit Union, collected enough signatures to qualify to run. His name will be added to the ballot that will be mailed to the members. – Credit Union Times

Heads up, small town drinkers

In a ruling Friday afternoon, the Alabama Supreme Court overturned a 2009 law allowing small cities in “dry” counties to vote to sell alcohol. The law allowed dry county cities with populations of more than 1,000 to vote themselves wet, with the exception of cities in Blount, Clay, and Randolph counties. The previous threshold was 7,000. – Yellowhammer

Another week, another shutdown looming

On Friday, Congress faced a deadline to fund the Homeland Security Department before midnight. Democrats wanted a clean long-term funding bill, while Republicans wanted to block President Obama's executive action on immigration or—at least—force the Senate to go to conference on a measure that might do so. Neither side won, so they punted for another week. – National Journal

Fitch upgrades Port Authority revenue bonds

Revenue bonds issued by the Alabama State Port Authority were upgraded this week by Fitch Ratings on account of strong debt repayments and recent revenue diversification. The agency announced that the rating for the Port Authority's nearly $305 million docks facilities revenue bonds would change from "BBB+" to "A-." – AL.com

University of Mobile earns ‘Best of Show’

The University of Mobile earned nine national awards, including a “Best of Show,” in the 30th Annual Educational Advertising Awards, the largest educational advertising awards competition in the United States. UMobile was among 14 institutions recognized by the judges as a “Best of Show” winner in the competition sponsored by Higher Education Marketing Report. This year, over 2,000 entries were received from over 1,000 colleges, universities and secondary schools from all 50 states and several foreign countries. – News release

Alabama’s Lustron homes soldiering on

What could be better than a $10,000 home that lasts 100 years without the need to paint, re-shingle or repair? Particularly if you were a GI returning from World War II ready to settle down and start a family. In 1947, that's what the Lustron Co. set out to do: provide affordable, low-maintenance housing during a post-World War II housing shortage. The company manufactured homes with steel frames and enameled steel square tiles. – AL.com

Young entrepreneurs try medical staffing

Two 20-something entrepreneurs who met through mutual friends during a volleyball game in Madison are answering a call for a higher standard of homecare for local residents. Yohan Kim, 28, and Jennifer Wilmoth, 27, are the co-owners of BrightStar Care of Huntsville, a homecare and medical staffing agency providing medical and non-medical care to clients of all ages, from infants to seniors. The Chicago-based private franchise, which has more than 260 locations in the U.S., operates two other Alabama sites in Birmingham and Mobile. – AL.com

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags