Briefs

SSN Staff  - 
Saturday, February 1, 2003

SAI to deregister common stock

ARLINGTON HEIGHTS, Ill. - Security Associates International in late January said it had applied to deregister the company’s common stock, eliminating the company’s requirement to file quarterly and other document with the Securities and Exchange Commission.

The company said it had considered the reduced number of the company’s common stockholders, the small trading volume of the stock and the costs of making those periodic filings in their decision.
10-digit dialing begins in NYC

NEW YORK - Beginning Feb. 1, residents here had to dial 10 digits for all local calls in New York City.

The new calling pattern affects the 212 area code as well as 646 and 917, which were overlay area codes to Manhattan’s exchange, and 718 and 347, overlays to the 718 area code covering the Bronx, Brooklyn, Queens and Staten Island.

In a permissive dialing period that began in April, residents were still able to dial local calls with only seven digits. That period ended Feb. 1.
Lennar upgraded by Moody’s

MIAMI - Lennar Corp., one of the nation’s largest homebuilders that also provides monitoring services to homeowners and other customers, was upgraded by Moody’s Investors Services with a Baa3 (stable outlook) rating on the company’s senior implied debt rating.

Lennar offers the monitoring services, as well as cable television and high-speed Internet access, through its Strategic Technologies Division.

Bruce Gross, chief financial officer of Lennar Corp., said the company was pleased with Moody’s recognition of Lennar’s financial results, revenue and earnings growth, as well as its diversification.