BLUE CROSS PARENT PLANS TULSA CUSTOMER SERVICE CENTER
The parent company of Blue Cross Blue Shield of Oklahoma intends to consolidate several of its Tulsa customer service units into a regional center for greater efficiencies. Chicago-based Health Care Service Corp. paid $4.2 million for a
former Wal-Mart Supercenter to house the customer care center, which officials expect to open late next year.
NEWLY PUBLIC SANDRIDGE DOUBLES 3Q PROFIT
SandRidge Energy, Inc. on Monday filed its first quarterly earnings report as a public company, and the results were quite favorable, according to Chairman and Chief Executive Officer Tom Ward. SandRidge's third-quarter profit more than
doubled and its production was five times more than it was during the corresponding quarter. The company had its initial public offering last month. The company reported earnings of $11.6 million, or 11 cents per share, up 137 percent from
$4.9 million in income, or 7 cents per share, in the third quarter of 2006.
ATTENDANCE, BUYER INTEREST UP AT REMINGTON PARK
Remington Park showed a 23 percent increase in attendance over the corresponding thoroughbred season, track officials said Monday. The 69-day thoroughbred stand drew 401,531 fans, up from 326,845 over 68 days last year. Track owner Magna
Entertainment Corp. said earlier this year that Remington is one of its properties that are on the sales block. Remington Park General Manager Scott Wells said several groups have been through to look at the facility.
TULSA INVESTMENT FIRM PLOTS BLISS INDUSTRIES EXPANSION
The Tulsa investment firm Pennington Allen Capital Partners bought the assets of Ponca City manufacturer Bliss Industries Inc. with plans to expand the company workforce by 50 percent.
LA INVESTORS PAY $7M FOR TULSA APARTMENT COMPLEX
A group of Los Angeles investors paid $7 million for the 288-unit Huntington Hollow Apartments complex in Tulsa, gaining their second property in Oklahoma's second-largest market.
EDMOND CHURCH BUYS VACANT MWC DEPARTMENT STORE
Edmond-based LifeChurch.tv is finalizing plans to purchase the former Dillard's department store building at Heritage Park Mall in Midwest City for $1.5 million. The church was founded in Edmond in 1996 and now has 12 branches around the
country. There is no immediate timeline for when the Midwest City church might open, but a church official said they were looking for a location in the southeast part of the metro area. The church also recently purchased just over five
acres in Tulsa with plans for a new church building.
IMMORTAL SPACE AIMS TO OFFER 'DIGITAL LEGACY'
While social networking portals such as MySpace and Facebook pervade the Internet, they constantly risk losing users to the next hot concept. But Tulsa start-up Immortal Space LLC is attracting venture interest with the promise of
something less transitory, Chief Executive Bryan Noland said. "Social networks have been played out to death," he said.
CENTURY CLUB: HARVEY P. EVEREST
Harvey P. Everest was known nationally in banking and financial circles, but in Oklahoma he is remembered for being a leader in civic, educational and charitable causes for more than 60 years. In 1946, Everest began his career in banking
when he was named to Liberty Bank's board of directors. He was then elected president in 1955 and chairman of the board in 1967. He was also chairman and CEO of Liberty Corp., the bank's holding company. Everest was one of five Oklahoma
City civic leaders to create the Oklahoma Medical Research Foundation in the mid-1960s.