Nashville Post
Front Page

Morning Links: 1 August 2008

CBRL launches buyback, Nissan profits plummet, Pinnacle director sells shares, and more...

08-01-2008 6:23 AM

The board of CBRL Group has given the go-ahead for $65 million stock buyback plan. The Lebanon-based company's shares (Ticker: CBRL) are down 38 percent over the past year.

Nissan reported second-quarter profits of $492 million, down 43 percent from a year ago. Sales were off 4 percent.

Pinnacle Financial Partners director Ed Loughry yesterday sold about $500,000 worth of the company's shares, trimming his stake in the (Ticker: PNFP) company by about 11 percent.

Zacks says Corrections Corp. shares (Ticker: CXW) are a good buy.

American HomePatient Inc. (Ticker: AHOM) lost $2.1 million in the second quarter on revenue of $64.2 million. A year ago, those numbers were $6.4 million and $73.3 million.

You must be logged in to comment. If you do not have an account, you can join our esteemed subscribers.


Now Playing Nashville