| Local Briefs
Argyle Security Inc. reported a net loss of $116,119, or 2 cents a share, for the third quarter. The San Antonio-based electronics security company also reported revenue of $17.1 million for the quarter. Argyle completed its acquisition of ISI Security Group on July 31. Before that, Argyle operated as a shell company, and it had no revenues or profits in the third quarter of 2006. Argyle's growth in the quarter came from existing operations, but the company plans to broaden its business through strategic acquisitions, said Bob Marbut, chairman and co-CEO of Argyle Security. Argyle is traded on the over-the-counter bulletin board, and its stock closed down 8 cents at $6.40 Tuesday. AT&T expands services for mobile banking AT&T Inc.
New York Bank Appeals to Customers' Artistic Sense
NEW YORK�Imagine going to the bank for routine transactions, and while waiting for your private banker or standing on line for the clerk, you lift your head and there it is�an art gallery. A museum-quality art gallery, built with the specification of a real museum, is situated inside your bank. "The lights, the air, and the security are the most important for all museums to release their art and antiques to us for display," said Martin Mullin, curator and director of the Gallery at The Park Avenue Bank. The bank's "Meet the Museum" program hosts exhibitions from museums from around the world, and pieces rotate every 6�8 weeks. The Park Avenue Bank is a New York-based community bank with four branches throughout the city. The bank provides full service traditional consumer banking, real estate and commercial lending to small and mid-size businesses and other private banking services.
Taiwan Post Secures Business Continuity With Nortel Metro Ethernet Solution
Taiwan Post, the largest postal, banking and insurance services provider in Taiwan, will ensure customers will continue to be served and catastrophic failure to business operations averted in the event of disaster through a Nortel Metro Ethernet solution. Taiwan Post is ensuring business continuity with Metro Ethernet technology by enabling real-time information backup, access and recovery. In addition to business continuity, Taiwan Post is increasing the effectiveness of its operations by converging multiple existing networks onto a simple, scalable and secure metro infrastructure. The new network, based on Nortel's Optical Metro 5200 DWDM multiservice platform, will enable an efficient and effective information management process to ensure the security of Taiwan Post's valuable information assets.
Security Bank Corporation Announces Quarterly Dividend
MACON, Ga., Nov. 20, 2007 (PRIME NEWSWIRE) -- Security Bank Corporation (NasdaqGS:SBKC - News) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.0875 per common share. The dividend is payable December 31, 2007 to shareholders of record at the close of business December 14, 2007. The indicated annual cash dividend is $0.35 per common share. .
PNC Bank Extends Leadership in Eco-Friendly Development with Trademark of "Green Branch(R)" Term
The U.S. Patent & Trademark Office has granted a trademark for the term "Green Branch®" to The PNC Financial Services Group, Inc. (NYSE: PNC), which has more certified, environmentally friendly buildings than any other company on earth. Pittsburgh, PA (PRWEB) November 13, 2007 -- The U.S. Patent & Trademark Office has granted a trademark for the term "Green Branch®" to The PNC Financial Services Group, Inc. (NYSE: PNC), which has more certified, environmentally friendly buildings than any other company on earth. "The trademark is affirmation of PNC's leadership in 'green' business practices during the past decade," said Gary Saulson, director, corporate real estate, PNC. "Our commitment to significantly reduce our impact on the environment has enabled us to lower costs, increase efficiency and productivity as well as enhance the communities where our customers and employees live, work and play." .
Record sales revenue and profit growth: Small Business Survey
Small businesses in Australia are enjoying record sales revenue and profit growth, according to the November 2007 Small Business Survey, released today by the Australian Chamber of Commerce and Industry (ACCI).
All index levels are above their respective five year averages.
Sales revenue and profit growth both rose strongly to new records, the highest in ten years, and both are expected to rise further in the December quarter.
According to the survey, small businesses outperformed their larger counterparts on a number of indicators over this quarter.
The Survey also found moderation in wage growth and non-wage labour costs – a finding consistent with recent ABS wages growth data.
"This hopefully diminishes the chances of back-to-back interest rate rises by the Reserve Bank, given that the full effect of an interest rate rise is likely to be felt over 12 to 18 months, rather than immediately," says ACCI Chief Executive, Peter Hendy.
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