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Raymond James Trims VeriFone Systems Inc (PAY) Target Price to $31.00
2016-01-21 21:24:42| Apparel - Topix.net
The firm currently has a "strong-buy" rating on the stock. Raymond James' price objective would suggest a potential upside of 37.66% from the company's previous close.
Insurers Don't Want to Pay $148M Dole Penalty
2016-01-21 10:27:15| Agriculture - Topix.net
A group of insurance companies say they aren't liable for a $148 million judgment against Dole Food CEO David Murdock and others for bilking shareholders in a 2013 reverse merger. Arch Insurance, Liberty Mutual Insurance, Continental Casualty Insurance, Navigators Insurance, RSUI Indemnity and Berkley Insurance claim in a lawsuit filed last week that they insured Murdock, "his right-hand man" C. Michael Carter and DFC Holdings LLC. DFC is the company Murdock used to buy Dole Food Company Inc. during the time when the going-private merger took place, according to the complaint.
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Don't Pay Attention To CSX's Falling Stock Price
2016-01-20 01:44:01| Railroads - Topix.net
Some of us who jumped into CSX Corporation last year are frustrated by the recent bearish atmosphere eroding the company's stock price. Our forecasts of continued improved operating efficiency along with decreasing commodity prices turned out to be correct.
Tags: price
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stock
attention
Kirkland car dealer to pay $74,000 over misleading mailers
2016-01-18 16:17:43| Auto Dealers - Topix.net
Washington Attorney General Bob Ferguson says Rairdon's Dodge Chrysler Jeep sent out more than 7,000 mailers that mimicked official recall notices. The mailers implied to recipients that there was something wrong with their car and offered to purchase the vehicles.
Tags: car
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dealer
misleading
My View: Florida estoppel bill would force owners in associations to pay fees for failed sales
2016-01-18 03:29:42| Real Estate - Topix.net
Last year, the Florida Legislature introduced a bill to increase the regulations and liabilities for the state's more than 46,000 community associations for their issuance of estoppel certificates, which are prepared by associations, their attorneys and property managers to provide the amount owed to an association for a unit as of a particular date. They are issued at the request of prospective buyers of units in communities, as the buyers as well as their lenders and closing agents rely on estoppels in order to bind the association to the stated amount.
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