Month: April 2017

New Detroit District Looks to Hire First Permanent Superintendent

New Detroit District Looks to Hire First Permanent Superintendent

The Detroit school board has entered into contract negotiations withNikolai Vitti to serve as the districts superintendent. Vitti has led the Duval County school district in Jacksonville, Fla., since 2012. Duval County, the nations 20th largest school system, has nearly three times as many students as Detroit –116,000 compared to 46,000. While Detroit is a…

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Sears Holdings Isn’t Going Bankrupt This Year

Sears Holdings Isn’t Going Bankrupt This Year

These tactics wont work forever Sears cost-cutting actions and its recent moves to raise cash — including its plan to sell $1 billion or more of real estate later this year — should allow the company to avoid bankruptcy in 2017. CEO Eddie Lampert is highly motivated to keep Sears solvent for as long as…

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Why Chesapeake Energy (CHK) Stock Still Isn’t Good Enough

Why Chesapeake Energy (CHK) Stock Still Isn’t Good Enough

Case in point: Earlier this month, TheStreet.com’s Shubhankar Adhikari cited three reasons why 2017 could be an encouraging one for owners of CHK stock, but as of the end of March, Forbes contributor Great Speculations (part of the Trefis Team) suggested this year may be a less-than-stellar one for Chesapeake Energy. Trefis noted a looming…

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Presentations Aim to Educate Adults, Children on Cyber Safety

Presentations Aim to Educate Adults, Children on Cyber Safety

ANKENY, Iowa — Smart phones and devices can be found in almost everyone’s home or hand, including children, which means it’s even harder to keep private information out of the hands of strangers. A security consulting firm, Integrity, is holding several presentations at the Kirkendall Public Library in Ankeny on Thursday. Here’s the schedule: Presentations…

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10 US Cities with the Most (and Least) Overleveraged Homeowners

10 US Cities with the Most (and Least) Overleveraged Homeowners

When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt, and the second indicates whether the lender can reasonably expect the borrower to be able to pay back the loan. Another…

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