BankAtlantic chief touts recovery
Alan Levan admits the bank has stumbled in the past but insists in a speech to investors that the future points to growth.
DaimlerChrysler predicts rough ride in coming year
The automaker reports its first quarterly loss since its 1998 merger and says more troubles lie ahead.
Bush picks Sembler for bank post
The St. Petersburg developer must be confirmed by the Senate before taking over the Export-Import Bank.
Judges grill Microsoft, government
Both sides in the antitrust case find tough sledding before appeals court judges. Arguments continue today.
Business Digest
NASDAQ DELISTS IMSG: Shares in Insurance Management Solutions Group slipped to a 52-week low Monday as the St. Petersburg insurance outsourcing company was delisted from Nasdaq National Market. Shares in IMSG closed at 38 cents, down 25 cents. The delisting had been expected since November when the company warned it had fallen below minimal requirements to be traded on Nasdaq. IMSG has struggled to build a client base after being spun off from Bankers Insurance Group of St. Petersburg. William R. Hough & Co., a St. Petersburg broker, said it intends to register as a market maker for the company's common stock on the OTC Bulletin Board. In a regulatory filing, however, IMSG acknowledged there is no assurance the company will be eligible for trading on the bulletin board nor that there will be a liquid market for the stock.
