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Morning Links: 15 May 2008

Art Laffer says TN is tops, AT&T in the lead for state tech contract, local bank plans capital raise, and more...

05-15-2008 8:10 AM

Locally based supply-side guru Art Laffer ranks Tennessee ahead of Indiana, Colorado and all other states when it comes to overall economic competitiveness.

AT&T is the 'apparent best evaluated proposer' of a suite of services to maintain and upgrade several parts of the state's IT infrastructure. (For the RFP, click here. For background on AT&T's e-health deal with the state, click here.)

Advocat director Chad McCurdy buys 10,000 shares of the company, adding to the roughly 5 percent of the company his investment firm owns.

Tennessee Commerce Bancorp tells local bank analyst Jeff Davis it plans to raise $30 million this quarter to help its capital ratios keep up with strong loan growth.

PetDRx, a fledgling veterinary hospital company based in Brentwood, lost $3.0 million in the first quarter on revenue of almost $18 million.

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