Finance counsels

Maryland will collect nearly $1.7 million in grants to help seniors and people with disabilities navigate health and long-term care options.
The grants are being distributed by the U.S. Department of Health and Human Services and are part of a new program under the Affordable Care Act.
Nationally, $68 million will be awarded to states, territories, tribal […]

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The Federal Deposit Insurance Corp. has issued a consent order to Birmingham’s SouthPoint Bank.
The federal agency ordered the five-year-old bank to shore up its capital, diversify its loan portfolios and reduce expenses.
CEO Steve Smith said in a statement SouthPoint has been working with federal regulators over the past year to address concerns in the consent […]

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Austin-based diamond toolmaker AGR Tools Inc. (OTCBB: AGRT) is planning a private common stock offering valued at about $500,000, or about 10 cents per share.
The company, founded 27 years ago, said the funding will be used to purchase inventory and for working capital purposes. AGR, which was acquired earlier this year by Conroe-based AGR Stone […]

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The State of Texas has awarded a contract to AHI Enterprises LLC to supply office furniture and products to state agencies.
AHI Enterprises is a joint venture made up of eight independent office products dealers, including Nolans Office Products Inc. in San Antonio. Public sector agencies, including municipalities, school districts and state agencies, will be able […]

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Delta Air Lines Inc. and its Northern Kentucky-based Comair unit in July again ranked among the airlines with the worst on-time arrival rates.
Atlanta-based Delta (NYSE: DAL), which operates the majority of flights departing from the Cincinnati/Northern Kentucky International Airport, had an on-time arrival rate of 69.9 percent in July. That’s according to the latest numbers […]

Filed under: management by Guru
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The start to the regular National Football League season has various types of companies, including Sprint Nextel Corp., ramping up.
The Overland Park-based wireless carrier (NYSE: S) has used the lure of football to tout its unlimited data plans as it tries to differentiate itself in the cutthroat wireless market from competitors and tiered data plans.
“College […]

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Burger King said Thursday that it has agreed to be acquired by investment firm 3G Capital in a deal valued at $4 billion.
New York-based 3G Capital will buy the fast food chain for $24 a share. That marks a 46% premium over Burger King’s closing price of $16.45 on Tuesday, the day before news […]

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Three local hospital companies are reported to be shopping a county-owned hospital in North Carolina.
Community Health Systems Inc., LifePoint Hospitals Inc. and Capella Healthcare all sent representatives to tour Beaufort County Medical Center in Washington, N.C., within the last month, according to the Washington Daily News.
None of the companies have submitted formal proposals, the report […]

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