PALFED plans 20 million stock sale to recapitalize
PALFED Inc. filed with the SEC to issue about 2.9 million additional shares at a slight market discount. The sale aims to raise roughly $20 million as part of broader actions, with PALFED stock trading around $7 while tangible book value lags behind. Institutional investors show interest in blocs of PALFED stock as Palmetto Federal Savings Bank remains the key subsidiary.
MENTIONED IN THIS ARTICLE
Palfed Inc
Securities and Exchange Commission
Hickey
PALSE
Palfed
Palmetto Federal Savings Bank of
S.C
ERF argues law violated in HB Line restart
Energy Research Foundation asks a federal judge to rule that the Department of Energy violated the National Environmental Policy Act by restarting the HB Line at Savannah River Site with an Environmental Assessment instead of a full Environmental Impact Statement. The group says the EA bypassed a more detailed review before operating the plutonium processing line which supplies material for NASA missions, including Cassini to Saturn.
MENTIONED IN THIS ARTICLE
Department of Energy
Savannah River
Energy Research Foundation
DOE
ERF
HB Line
New Mexico
NASA
Outer Space
Environment Studies Asked Before Future SRS Restarts
Energy Research Foundation urges the Secretary of Energy to require an Environmental Impact Statement before restarting any plutonium processing at the Savannah River Site. ERF seeks scrutiny of HB-Line and adjacent canyons in H and F areas, following a January restart and a DOE rule contest.
MENTIONED IN THIS ARTICLE
Energy Research Foundation
Ener
Savannah River
ERF
Federal Columbia
Department of Energy
Srs
Hb-Line
SRS Layoffs Target 60-40 Professional to Operator Mix
WSRC plans September layoffs at Savannah River Site may follow a 60 percent professional to 40 percent operations split. Professionals including engineers and admins likely find new roles faster and may opt for voluntary separation with one week pay per year, extended benefits, and up to 10,000 education aid. Centered on site future workforce, the plan prompts interest among年轻 professionals to pursue further schooling.
MENTIONED IN THIS ARTICLE
Westinghouse
Savannah River Co
Jack Hermann
WSA
Hermann
WSRC
SRS
Aiken Kiwanis Club
Savannah River
Unemployment Rises As Job Market Weaker June
Washington reports unemployment at 7.0 percent in June, up from 6.9 in May, with manufacturing jobs down for a fourth straight month. Private economists had expected a larger gain, as the labor force nears 128.1 million and overall payrolls show only a modest rise of 13,000.
MENTIONED IN THIS ARTICLE
Washington
Todo
Labor Department
Contact details for readers to share news tips
A short notice invites readers to call with news tips and ideas. It lists names Menno J Schrock Barnwell Pearl Smith Aiken and directs to page 7A for details. The item functions as a reader outreach prompt and contact reference.
MENTIONED IN THIS ARTICLE
Menno J. Schrock
Barnwell
Pearl. Smith
Aiken
Gas Prices Dip Ahead of July Fourth Travel
AAA reports South Carolina drivers see average self service regular unleaded at 97 cents with mid grade 1.10 and premium 1.20 per gallon. Nationally, self service regular declined 6.1 cents to 1.128. AAA predicts 30.9 million travelers will drive over 100 miles this weekend.
MENTIONED IN THIS ARTICLE
Wever
South Carolina
AAA
Also Mentioned on This Page
Martina
Carl Langley
Ginny Southworth
Ray Jackson
S.C. 302
G Plant
Roddie Burris
ERE
H-Area
F-Area Canyon
Roddie Burr
The
Associated Press
Iraq
Iran
North Korea
Abby
Lewis Grizzard
UA Television
Chris Starnes
Aiken Standard
Carolinas
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!