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Wednesday, 09 January 2008 |
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COLUMBIA -- The number of bankruptcy filings rose about 18 percent in South Carolina last year, partly because of troubled real estate and mortgage markets. South Carolina ranked 45th nationwide on filings per capita, down from 36th from a year ago, according to Jupiter eSources. The increase in bankruptcy filings was the nation’s third lowest. Nationwide housing woes could bring state bankruptcy filings near the 12,000 mark this year.
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Wednesday, 02 January 2008 |
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COLUMBIA -- State NAACP leader Lonnie Randolph said that mortgage relief plans should be helping those already damaged by subprime lending standards he called fraudulent and racially discriminatory. Blacks are following the rules of hard work and thrift to achieve the American dream of home ownership, but they have been placed in high-cost subprime loans at higher rates than whites with similar qualifications, he said. “The American dream for too many African-Americans is the American nightmare,” Randolph said.
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Tuesday, 01 January 2008 |
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COLUMBIA -- South Carolina’s largest publicly traded companies as a whole trailed the stock performance of the nation’s largest firms in 2007. The stock of South Carolina’s 16 largest companies, measured by annual revenue, dropped by 20 percent in 2007, while the S&P 500 Index rose by 4 percent during the same period. Just four of the S.C. companies -- UCI Medical Affiliates, BlackBaud, ScanSource and SCANA -- saw their stock prices increase.
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Tuesday, 18 December 2007 |
COLUMBIA -- Loose change, rolling around your car, collecting in the sofa and sitting in jars is getting easier — and less expensive — to be traded for dollars. Banks and credit unions always have accepted change, but the process of having to roll pennies, nickels, dimes and quarters ahead of time often is too time-consuming for customers. To ease coin changing, Palmetto Citizens — one of the state’s largest credit unions — recently installed self-service coin machines in all 11 of its offices.
Read more at The (Columbia) State...
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Friday, 14 December 2007 |
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CHARLESTON -- Three of the Palmetto State’s oldest accounting firms are joining forces. McKnight Frampton CPAs LLC and Schleeter Monsen & Debacker LLP merged with Elliott Davis LLC, effective Jan. 1, the three firms announced today. Financial terms of the merger were not released. Some of those expanded advisory services are in technology solutions, investment, mergers and banking, grants and economic incentives, real estate and others.
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