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Initial hearing held in Tribune bankruptcy...
Submitted by admin on Thursday, December 11, 2008 - 11:05

Danieal Manning has an ally and a role model in Bears safeties coach Byrd

WILMINGTON, Del. - Tribune Co. was authorized Wednesday to make certain payments to employees, vendors and others as it works through a Chapter 11 bankruptcy reorganization.

Judge Kevin Carey said the company, which owns the Los Angeles Times, Chicago Tribune, The (Baltimore) Sun and other dailies, could p...


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UPDATE 1-Hungary's scope for rate cuts still limited-cbank...
Submitted by admin on Wednesday, December 10, 2008 - 11:05

Inflation is seen falling quickly as the economy slides into recession and the inflation rate is expected to fall below the bank's medium-term target of 3 percent by the second half of 2009, but the forint may weaken again if rate cuts are too quick, Simor said.

A sharp weakening of the forint would hit households and companies which heavily borrowed in the past years in foreign currenci...


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DRDGold gains as Mintails struggles...
Submitted by admin on Tuesday, December 9, 2008 - 11:05

[miningmx.com ] -- DRDGOLD is the outright winner in the latest round of negotiations with financially-strapped partner Mintails over their joint venture to recover gold from dump material on the East Rand.

Mintails, in the words of director Richard Revelins, lives to fight another day but its future now effectively lies on the West Rand because it will get no income out of the Ergo gold r...
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Future of M&A market looks bleak...
Submitted by admin on Monday, December 8, 2008 - 23:05

Forced sales demanded by creditors and government-brokered transactions may provide the only consolation for bankers in what promises to be the slowest year for mergers and acquisitions since 2004.

Bankers at Barclays Capital and Nomura Holdings Inc. say the value of deals may decline 30 percent in 2009 to about $2 trillion. Takeovers so far this year are down 36 percent from the same perio...
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Indian police arrest 2 men in Mumbai investigation (AP)...
Submitted by admin on Saturday, December 6, 2008 - 11:05

AP - Facing massive job losses, the White House and congressional Democrats are working to provide about $15 billion in loans to prevent Detroit's weakened auto industry from collapsing.

AP - Caroline Kennedy ? daughter of a slain president, niece of senators, and zealous guardian of her own privacy ? is interested in the Senate seat once held by her uncle, her cousin says.

AP - O....


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Billions in US Bank Rescue Funds are Fueling Buyouts Worldwide ......
Submitted by admin on Friday, December 5, 2008 - 11:05

The International Monetary Fund is about to pump $100 billion into a few select countries. This “no strings attached” bailout is creating three 100%+ gainers in the coming days - if you know how to play it. Get all the details in this report: Just go here...

This entry was posted on Friday, December 5th, 2008 at 12:30 pm and is filed under Home Page . You can follow any responses to ...


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Mobile Mini Announces Restructuring of Its Manufacturing Operations...
Submitted by admin on Thursday, December 4, 2008 - 23:05

www.mobilemini.com - Mobile Mini, Inc. (NASDAQ GS: MINI) today reported that as a result of the merger with Mobile Storage Group ("MSG") and the successful consolidation of its North American locations, the Company is leveraging its combined fleet to satisfy the portable storage needs of its customers served by these 80 branches. As a

result, Mobile Mini is restructuring its manufacturing...


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Jefferies Completes Operating Changes Designed to Restore ......
Submitted by admin on Wednesday, December 3, 2008 - 23:05

www.jefco.com - Jefferies Group, Inc. (NYSE: JEF) announced today that it has completed a strategic review and implemented changes designed to restore profitability in 2009. These changes include a substantial reduction in its headcount, changes in compensation plans, operating expense reductions, office closings, continuing risk reductions and other structural changes.

to end 2008 with a...


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Glance-STOCKS NEWS EUROPE-JJB hit by probe into Sports Direct stake...
Submitted by admin on Wednesday, December 3, 2008 - 11:05

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Shares in British sporting goods retailer JJB Sports slump 23 percent to 11.5 pence, taking their losses this week to over 50 percent, after Britain's consumer affairs watchdog said on Tuesday it planned to investigate rival Sports

Direct's decision to buy a stake in the business.

'The investigation cr...


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Fitch Assigns LT National Scale Rating of 'BBB+(bra)' to JBS ......
Submitted by admin on Tuesday, December 2, 2008 - 23:05

Fitch Ratings has assigned a Long-term National Scale rating of 'BBB+(bra)' to the proposed Bank Credit Facility issuance (CCB) of up to BRL400 million by JBS S.A. (JBS). The proceeds will be used for additional working capital and other goals. Fitch also has the following ratings on JBS:

--Foreign currency Issuer Default Rating (IDR) 'B+';

--USD275 million outstanding senior no...


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