BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[TeamStaff board authorizes reverse stock split to meet Nasdaq listing minimum]]>http://www.bloggingstocks.com/2008/01/22/teamstaff-board-authorizes-reverse-stock-split-to-meet-nasdaq-li/http://www.bloggingstocks.com/2008/01/22/teamstaff-board-authorizes-reverse-stock-split-to-meet-nasdaq-li/http://www.bloggingstocks.com/2008/01/22/teamstaff-board-authorizes-reverse-stock-split-to-meet-nasdaq-li/#commentsFiled under: , ,

Medical staffing agency TeamStaff Inc. (NASDAQ: TSTF) is in the process of restructuring both its finances and its business model in order to return the company to operating profitability and push its stock price above the minimum $1 per share for continued listing on Nasdaq. Currently, TeamStaff's board of directors has authorized a reverse stock split as part of the company's response to a Nasdaq Staff Determination letter indicating TeamStaff was in violation of the $1.00 per share minimum for Nasdaq listing. The company has sold its DSI PayrollServices unit and is exiting the nursing per diem business segment. Instead, TeamStaff will supply contract medical staffing needs for the Department of Veterans Affairs and Department of Defense health care facilities.

The company posted $400,000 in income for 4Q 2007 and returned to profitability, barely, for the quarter. For FY2007, however, gross profits were flat. The good news is that losses from continuing operations are much smaller for FY2007, $3.4 million or ($0.17) per share, in contrast to FY2006 losses of $18.5 million of ($0.96) per share. TeamStaff recently appointed Cheryl Presuto as CFO and hopes to return to sustained operating profitability in 2008.

TeamStaff board authorizes reverse stock split to meet Nasdaq listing minimum originally appeared on BloggingStocks on Tue, 22 Jan 2008 16:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Cheryl PresutoCherylPresutohealthcare workersHealthcareWorkersmedical staffingMedicalStaffingNasdaq listing requirementsNasdaqListingRequirementsnursingreverse stock splitReverseStockSplitTeamStaff IncorporatedTeamstaffIncorporatedTSTFTue, 22 Jan 2008 16:38:00 EST<![CDATA[Mamas boycotting Delta over breastfeeding brouhaha]]>http://www.bloggingstocks.com/2006/11/15/mamas-boycotting-delta-over-breastfeeding-brouhaha/http://www.bloggingstocks.com/2006/11/15/mamas-boycotting-delta-over-breastfeeding-brouhaha/http://www.bloggingstocks.com/2006/11/15/mamas-boycotting-delta-over-breastfeeding-brouhaha/#commentsFiled under: , , , ,

no one said 'boo' when i breastfed on amtrakMy breastfeeding email lists are buzzing this morning with news of a sweet-looking New Mexico mother, Emily Gillette. She was flying on Freedom Airlines, a Delta Connection provider, and she was breastfeeding her 22-month-old daughter. Do you know about breastfeeding on airplanes? Many mamas like me swear by it; the sucking action keeps babies' ears from popping and there's nothing better to keep a fussy child from crying.

But the flight attendant on Emily's airplane wasn't so pleased, and asked the mom to cover up, notwithstanding the Public Accommodations Act which protects public breastfeeding in Vermont, where the airplane was parked (most U.S. states have similar statutes). When she wouldn't cover the baby's head with a blanket, as the flight attendant insisted, Emily and her husband and daughter were escorted off the airplane by a Delta ticket agent. While Delta did find an alternate flight for the Gillettes and paid for their hotel that night, it's worth noting that the flight from Burlington to New York had already been delayed three hours -- so in one small act, a family was transformed from slightly frustrated customers to the lead on tomorrow's Good Morning America.

Mamas everywhere are incensed. "I wrote a letter to Delta and canceled my flight!" said one working mom. Another said she was "so mad." The buzz at Blogging Baby is intense with many commenters indicating that they're avoiding Delta or airplanes altogether.

You can argue extended breastfeeding all you like but the ramifications for Delta Air Lines, Inc. (OTC:DALRQ) could be interesting, especially given the unsolicited bid by US Airways Group, Inc. (NYSE:LCC). Could the breastfeeding brouhaha put Delta over the edge?

Mamas boycotting Delta over breastfeeding brouhaha originally appeared on BloggingStocks on Wed, 15 Nov 2006 11:37:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>breastbreastfeedingdeltadelta airlinesDeltaAirlinesemily gilletteEmilyGillettefeedingfreedomfreedom airlinesFreedomAirlinesgillettenursenursingpublic breastfeedingPublicBreastfeedingusairwaysvermontWed, 15 Nov 2006 11:37:00 EST