Tag prices

Well Oiled

For banks, the immediate result of the price slide — West Texas Intermediate went from a year high of $107 a barrel in June to the mid-$60 range by late November — has been a decrease in stock prices, especially for those institutions with a high percentage of loans tied to oil and gas service companies.

TOP 10 Biz Deals of 2014

Just hours before this issue was going to press, Coldwell Banker Pelican Real Estate’s Steven Hebert delivered more upbeat news: “With some amazement, I can report that at some point last week, Lafayette Parish real estate sales surpassed last year’s annual record of $674 million."

Still Hitting On All Cylinders

So far Lafayette’s housing market is showing serious resilience in the face of falling oil prices, but can it last?

Uncertainty Ahead

The big question mark is still the extent to which depressed oil prices will impact our economy.

PEOPLE & FLASHES

Roy Holleman’s Holleman Companies, dba FranOwner, has signed a master franchise agreement with Clubstore Outlet, based in Charleston, S.C., to sell/ open Clubstore Outlet franchises in the state.

RE: Our New Normal

Lafayette spent 20 years drunk on high oil prices and emerging industries. Is it time for the hangover?


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