Morning Links: 1 December 2008

CHS' Louisiana Medicaid issues, investor lightens Brookdale's debt load, Nissan will go to Windy City show after all, and more...

Email | Print By Geert De Lombaerde

Citing reimbursement issues, a Community Health (Ticker: CYH) hospital in Mississippi has stopped providing Medicaid care to residents of nearby Louisiana.

Shares of Brookdale Senior Living jumped 10 percent Friday after the company's main shareholder, Fortress Investment Group, said it has paid off all margin debt secured by Brookdale stock. Brookdale (Ticker: BKD) is off 80 percent since Labor Day.

CB Richard Ellis picks up a plum account from the FDIC, which will use the real estate brokerage to sell off the residential and commercial properties it is picking up left and right.

An Ontario politician calls a second NHL franchise near Toronto "one of the surest investments right now, I think in the world."

American HomePatient (Ticker: AHOM) President and CEO Joe Furlong gets a new employment agreement that'll pay him the same $550,000 base salary he's been getting since 2006.

After hearing from dealers, Nissan changes its mind about going to the Chicago Auto Show.

Hendersonville-based Smith Travel Research says the U.S. hotel market will begin to rebound in the second half of 2009.

Pinnacle director Ed Loughry unloads about 8 percent of his stake in the company. Loughry has unloaded about 90,000 shares of the bank (Ticker: PNFP) in the past year.

The parent of Cracker Barrel (Ticker: CBRL) drops the CBRL Group corporate moniker.