Stock promoters censured
A federal court in Tampa issued judgments against two stock promoters, Robert M. Esposito and Gregory A. King, finding they participated in a scheme to tout penny stocks in a company called Anscott Industries Inc.
In the scheme, the court found, Esposito paid King to prepare and disseminate a false investment newsletter called the "Wall Street Bulletin," touting Anscott stock as a "strong buy," helping to pump up the stock price from about $1.40 a share in mid-May 2003 to a high of $4.59 in July 2003.
At the same time, Esposito was selling his shares in Anscott, realizing "over $6.5 million in illicit profits," according to the Securities and Exchange Commission. The court barred the two from dealing in penny stocks and will later determine disgorgement and civil penalties.
Job fair set for truck drivers
Roadmaster Drivers School will hold a job fair from 10 a.m. to 2 p.m. Saturday at the Florida State Fairgrounds. Experienced and nonexperienced drivers are eligible. Companies hiring include Stevens Transport, Covenant Transport and Cheney Bros. Roadmaster Drivers School offers three- to four-week training classes. For information, call (813) 626-2400 or go to www.roadmaster.com.
E-book prices may change
Amazon.com, the world's largest Internet retailer, is in talks to change some prices of Kindle e-books by no later than the April 3 release of Apple's iPad, two people with knowledge of the discussions said.
Amazon.com is talking to publishers individually about giving them more control over prices, said the people, who declined to be identified because the negotiations aren't public. Publishers said they want to be able to set the prices of e-books, with most new titles costing $12.99 to $14.99, compared with $9.99 currently.
A staff and wire report
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