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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 08, 2005
Page
8
Texas lawmakers debate changing a transportation funding formula unchanged since 1983. Rural districts protest underfunding while court orders push more money to schools and homeowners seek tax relief. The House plan proposes 3 billion dollars more over two years plus teacher incentive pay tied to student achievement.
Austin says confident Key will meet the March 31 deadline for SEC delisting considerations. If not, NYSE will begin delisting on April 1. He says Key would appeal, but would face a Herculean effort to stop the process, and may trade on pink sheets if suspended. Raymond James analyst notes pink sheet stopgap with limited liquidity risk. Shares fell to 13.55.
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