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|Archives - June 2008|
|Sunday, June 01, 2008|
IN LATE APRIL Portland-based ATM network operator TRM Corp. created one of the largest nonbank ATM networks in the nation when it purchased New Jersey-based LJR Consulting, which does business as Access To Money, for $15 million. Part of the funding for the deal came from an $11 million loan that TRM raised the same month, which the company is also using to pay down its debts. But for financially troubled TRM, growth is perhaps a curious choice, says ATM Magazine editor Tracy Kitten.
April also brought plenty of bad news. TRM’s auditor, accounting firm McGladrey & Pullen, issued a warning concerning TRM’s ability to stay in business. (TRM’s previous independent auditor, PricewaterhouseCoopers, raised the same concern in 2007 and declined to stand for reappointment.) The company’s stock was delisted from Nasdaq for not meeting the minimum price requirement. And TRM announced revenue had dropped 16% and it had lost $8.43 million in 2007 — its third year in the red.
List researched by Mark Druskoff
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Friday, June 06, 2014
BY KATIE AUSBURGER | OB GUEST CONTRIBUTOR
How to build a hipster-friendly work environment.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.