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Innovus dips after Dallas move.

Authors :
Penix, Matthew
Source :
New Orleans CityBusiness (1994 to 2008); 3/19/2007, Vol. 27 Issue 35, p40-40, 1/4p
Publication Year :
2007

Abstract

The article presents information on the declining revenues of Innovus Inc., after it shifted from New Orleans to Dallas, Texas. After Hurricane Katrina, the company started doing its transactions through its new headquarters in Dallas. Since then, the revenues of the company have decreased by up to 4%. The company provides ATM services in malls and hotels. According to Innovus Chairman Michael Brown, the ATM services have saturated, due to which the revenues are declining.

Details

Language :
English
ISSN :
02794527
Volume :
27
Issue :
35
Database :
Supplemental Index
Journal :
New Orleans CityBusiness (1994 to 2008)
Publication Type :
Periodical
Accession number :
24579185