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Posted on Sun, Sep 20, 2009 : 5:40 a.m.

Rise and Fall: Dataspace and Flagstar Bank

By AnnArbor.com Staff

uparrow.jpgRise: Dataspace

The Ann Arbor data management company is moving into Web-based software development, as a recent Business Review story detailed. The company just united with a Central Michigan University research group to introduce a new product: the Patient Volume Forecaster, which lets health care leaders project service demand.


Fall: Flagstar Bankdownarrow.jpg

The Troy-based lender got word from the New York Stock Exchange that its average closing stock price continues to be less than $1 per share - and it needs to cure the non-compliance or face possible de-listing. Flagstar - with $16.4 billion in assets reported in June - is one of the Midwest’s largest lenders. It has four branches in the Ann Arbor area.