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Topic: Standard and Poor’s

Austin Peay State University College of Business receives $50,000 from Tennessee Senator Mark Green

 

Austin Peay State University - APSUClarksville, TN – Austin Peay State University’s campaign to develop a state-of-the-art trading room for its College of Business students received a major boost last week when Mark Green, MD, president of the healthcare company AlignMD, presented APSU President Alisa White with a $50,000 donation for that project.

“In building our successful healthcare company, the resources that served as the foundation came from here in the Clarksville community: legal services, capital financing and accounting,” Green, a Tennessee state senator and physician, said. “AlignMD is an authentic Clarksville entrepreneurial success story.”

Susan Wilson, APSU director of major gifts; Dr. Rex Gandy, APSU provost and vice president of Academic Affairs; Dr. Alisa White, APSU president; Sen. Mark Green, president of AlignMD; Camilla Green; Dr. William Rupp, dean of the APSU College of Business; and Derek van der Merwe, APSU vice president for Advancement, Communications and Strategic Initiatives. (Bill Persinger/APSU)

Susan Wilson, APSU director of major gifts; Dr. Rex Gandy, APSU provost and vice president of Academic Affairs; Dr. Alisa White, APSU president; Sen. Mark Green, president of AlignMD; Camilla Green; Dr. William Rupp, dean of the APSU College of Business; and Derek van der Merwe, APSU vice president for Advancement, Communications and Strategic Initiatives. (Bill Persinger/APSU)

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Sections: Education | No Comments
 

Austin Peay State University students place first in TVA Investment Challenge

 

Austin Peay State University - APSUClarksville, TN – If you’re looking for someone to manage your investments, the Tennessee Valley Authority would probably recommend you pick a graduate of the Austin Peay State University College of Business.

Every year, the government owned utility hosts its Investment Challenge, which has student investment teams from 25 universities competing to manage and earn the highest return for TVA funds. During the competition, students develop long-term investment strategies, place trades and provide performance reports to TVA.

TVA Investment Challenge «Read the rest of this article»

Sections: Education | 1 Comment »
 

109th Tennessee General Assembly re-elects David Lillard to Fourth Term as State Treasurer

 

State of TennesseeNashville, TN – Members of the 109th General Assembly reelected, by acclamation, David H. Lillard to a fourth term as Tennessee State Treasurer. The State Treasurer is a Constitutional Officer elected by the General Assembly for a two-year term.

In his official capacity, Treasurer Lillard oversees the Tennessee Treasury Department and its more than 250 employees. The Treasury Department internally manages over $45 billion in state and local government funds.

Tennessee State Treasurer David Lillard.

Tennessee State Treasurer David Lillard.

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State of Tennessee Completes Record Bond Sale

 

The Seal of the State of TennesseeNashville, TN – The State of Tennessee entered the capital markets and sold $546,655,000 worth of bonds this week – the largest sale in the state’s history. Demand for the state’s bonds was high among investors, a reflection of the state’s strong credit ratings.

Earlier this month, Fitch and Moody’s Investor Services, two of the country’s major bond rating agencies, reaffirmed the state’s AAA credit rating, which is the highest available. Standard and Poor’s, the third major rating agency, reaffirmed the state’s AA+ rating, which is the second highest rating available.  The state’s high ratings reflect its debt level, which is one of the lowest in the country. «Read the rest of this article»

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Stocks finish August on upswing after wild month

 

Raymond JamesClarksville, TN – A set of encouraging economic reports on Wednesday propelled stocks to their fourth straight winning session as one of the market’s wildest months ever came to a close.

The reports showed an increase in private-sector hiring, better-than-expected manufacturing activity in the Chicago area and an increase in factory orders nationwide – all good signs for investors who have alternated between fear and hope throughout the month. However, stocks were negatively impacted after the Justice Department sued to block AT&T’s proposed $39 billion takeover of T-Mobile USA Inc. and the Greek parliament said a worsening recession will weigh on the country’s debt. «Read the rest of this article»

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Dow dips below 8,000 as economic concerns skyrocket

 

Shopping for a bail-out.

As the holiday shopping and travel season approaches, worries over the economy are having a sobering impact on the retail season that is usually the most profitable time of the year for merchants.

To make matters worse, the Dow Jones Industrial Average fell below the 8,000 mark, closing at 7,997, a five-year low that is in part a reflection of the newest monetary crisis: the big 3 automakers who are shopping for a multi-million dollar bailout that could avert bankruptcy that could further compound economic woes. Standard and Poor’s slid another 6%,a five-year low. «Read the rest of this article»

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