Audio By Carbonatix
Keep Dallas Observer Free
We’re aiming to raise $10,000 by April 26. Your support ensures Dallas Observer can continue watching out for you and our community. No paywall. Always accessible. Daily online and weekly in print.
The Dallas Business Journal‘s done the dirty work of localizing the effects of the bailout bust: The paper’s compiled a list of some dozen Dallas- and Fort Worth-based companies and how far they dropped following the House of Representatives’ vote against the $700-billion bailout bill. Not sure who’s the biggest loser, but most dropped by at least 5 percent — which now puts Blockbuster’s stock at around $1.98, cheaper than the price of a rental!
Among those not surveyed by the paper: Brinker International, which took only a modest hit of 3.94 percent; ExxonMobil, which dropped $6.59 to $74.06; AT&T, which lost $2.25; Kimberly-Clark, down $2.48; and Atmos, down a buck and change. Looks like Pizza Hut’s up, though. –Robert Wilonsky
