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Federal Trust stockholders willreceive $1 for each sharse of Federal Trust stock owned. It is the second time in two monthx that Federal Trust announced a proposed In September, the bank terminated a private recapitalizatiohn transaction with an unnamed investor grou p in New York and Florida. The company also receivesd notice earlier this month that it was beinfg delisted fromthe . The which is scheduled to take plac ein first-quarter 2009, will allow Federal Trust to “bw able to serve our customersd as a strong, financially viable institution,” said Denni s T. Ward, CEO of Federal Trust Corp., in a prepares statement. Federal Trust Corp.
(Pinksheets: FDTR) is a Sanford-based unitary thrift holding company and parent of FederalTrusf Bank, which operates 11 offices in Orange, Volusia, Lake and Flagleer counties. announced this week that it has begumna six-month project to repave its 9,600-foot primary The work includes a pavementy overlay that will cost $8.1y million, according to Diane Crews, the airport’s vice presidenrt of administration. The work will be done in phase and is expected to be completed by the end of or before the start ofthe airport’s busy summedr season.
The airport is primarily knownn for its scheduled Europeancharter services, but it has been growinyg its domestic traffic as well through carriers such as which specialize in travel between small cities and majotr tourist destinations. , a Longwood securities brokerage, ceasefd doing business this week after anotheer financial firm wona $772,0009 award against it. a subsidiary of , was ordered to pay the amounrt to the other companyfollowing arbitration. As a resultf of the decision, Empire fell out of compliance with capitalo requirements and stoppeddoing business. The company didn’ft offer details on the issuseunder arbitration.
According to the Jesup & Lamont is not affected by the rulintg and remains in compliance with SEC Disney Cruise Line is debuting DisneyyDigital 3-D, an enhanced movie viewing experience that includez the use of lasers, fog, streamers and speciak lighting effects in the on-boarxd theater. The Disney 3-D systek is being added to the Walt Disney Theatre and Buenq Vista Theatre aboard the Disney Magic and Disne Wondercruise ships. The shows will be introduce d onthe Nov. 20 sailing of the Wonder and the Dec. 6 sailing of the Magic. The systemj pairs 3-D digital films from with special effects.
The firstr movie to be shown is Disney Cruise Line isa Celebration-based subsidiary of Walt Disneg Co. that sails from Port Canaveral.
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