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.
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."
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.