RPT-Market Chatter-Corporate finance press digest
Investors may also access the call on the investor relations portion of the Company’s website at http://phx.corporate-ir.net/phoenix.zhtml?c=251424&p=irol-IRHome . If you are unable to access the live teleconference, a replay will be available beginning approximately two hours after the call’s completion through August 20, 2013. The teleconference replay can be accessed by dialing 404-537-3406 (domestic and international) and entering ID# 14342688. A webcast replay will also be available on the investor relations portion of the Company’s website at http://phx.corporate-ir.net/phoenix.zhtml?c=251424&p=irol-IRHome . About WhiteHorse Finance, Inc.
SEC Says Finance Twitterer Was Running A Ponzi, And Using Client Money As His Personal Piggy Bank
* Colombia’s state oil company Ecopetrol is expected to issue as much as 1.5 trillion pesos ($797 million) of bonds by September in a bid to reduce the impact of any market turmoil that could result from the next U.S. Federal Reserve meeting, sources close to the transaction and analysts said. * Strategic Value Partners (SVP) is targeting other private equity firms as potential buyers of its German plastic films maker Kloeckner Pentaplast, three sources familiar with the deal said. * Saudi Telecom’s (STC) Indonesian unit has picked Moelis & Co to advise it on negotiations with lenders as the operator steps up efforts to restructure a $1.2 billion Islamic loan, two sources familiar with the matter said. * Italy’s M&G Chemicals aims to list a minority stake on the Hong Kong bourse this autumn to raise cash to fuel an overseas expansion, two sources close to the deal said on Wednesday.
Kimberly finance committee to look for ways to cut budget
Such profits were “figments of Davian’s imagination,” the SEC argues. As one example, one investor wired Davian $100,400 into a bank account that previously had a balance of less than $13. Davian immediately transferred $65,000 of that money to another account and bought himself an Audi Q7, according to the filing. Last month, the Southern Investigative Reporting Foundation reported Davian was under investigation and had attempted suicide. Now it looks like investigators found what they were looking for.
The increase brings Kimberly’s sales tax rate to 4 percent, which is in line with Warrior, Morris, Gardendale and Fultondale. In other business, the council tabled a decision on releasing a seal coat bond in the Liberty Crossings subdivision. City Inspector Bob Jones issued a letter to the council saying the developer of the subdivision, Clint Singletary, completed the seal coat and recommended the city release the bond. However, Councilman John Richardson was reluctant to release the bond. Richardson, who told the council he would abstain from voting since he lives in the neighborhood, said he was concerned about broken curbs, drains clogged with building materials and a patch in the road that seemed to only be gravel.