Coffee Break - What Price Confidence? $1.2 Million

Summary


A day after First Horizon National Corp. reported a third- quarter loss, its chairman bought stock in the company.

On Friday, Mike Rose bought 50,000 shares in the banking and financial services company for $24.33 a share, according to a form he filed with the Securities and Exchange Commission.

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Coffee Break - What Price Confidence? $1.2 Million

His $1.2 million investment followed the Memphis-based company's Thursday announcement that it had lost more than $14 mill...

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