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Syndicate | |
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Big Quarterly Loss for Nortel; Shares Are Down 25%... | |
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Submitted by admin on Tuesday, November 11, 2008 - 11:05 | |
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Last Modified: Tuesday, November 11, 2008 at 4:08 a.m. OTTAWA — Nortel Networks, the telecommunications equipment maker, posted a third-quarter loss of $3.4 billion on Monday and said it planned to reduce its work force by about 5 percent. The company, which is still struggling to recover from the technology downturn early in this decade, said the loss came to $6.85 a share ... |
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DIC will buy ‘at right time’... | |
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Submitted by admin on Saturday, November 8, 2008 - 23:05 | |
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Discussions at the World Economic Forum in Dubai focused on the financial crisis. The forum is set to become an annual event. Pawan Singh / The National DUBAI // The global financial crisis may present opportunities for Gulf funds to acquire US and European assets, but at least one major Dubai investor is in no hurry to buy foreign assets until the market bottoms out. Sameer al Ansa... |
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UPDATE 1-Dubai DIC fund eyes bargains but in no hurry... | |
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Submitted by admin on Saturday, November 8, 2008 - 11:05 | |
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DUBAI, Nov 8 (Reuters) - Dubai International Capital (DIC) said on Saturday the financial crisis would offer opportunities in the United States, Europe and emerging markets but that it was in no hurry to buy until the market bottomed out. DIC, which is owned by the ruler of Dubai and controls around $13 billion in assets, is one of the group of Gulf Arab funds and investment vehicles to h... |
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Lehman and Bear survivors may get best bonuses... | |
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Submitted by admin on Thursday, November 6, 2008 - 23:05 | |
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NEW YORK (Reuters) - Bear Stearns and Lehman Brothers executives that survived the collapses of their firms and found new jobs should get bigger bonuses than their peers at Goldman Sachs Group Inc , a compensation consultant said on Thursday. It is no surprise by now that the global credit crisis, together with regulatory pressure and consolidation among the biggest U.S. banks, will lead to sma... |
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TEXT-Hungary's Letter of Intent to the IMF... | |
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Submitted by admin on Thursday, November 6, 2008 - 11:05 | |
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BUDAPEST, Nov 6 (Reuters) - Following are excerpts from the a Letter of Intent which Hungary's central bank and government sent to the International Monetary Fund and published on the central bank's website www.mnb.hu on Thursday. 'Financial market stress in Hungary has intensified in past weeks as a result of events in global financial markets. In response, the government and the cent... |
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ArcelorMittal Q3 falls short of forecasts... | |
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Submitted by admin on Wednesday, November 5, 2008 - 11:05 | |
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BRUSSELS: ArcelorMittal, the world's largest steelmaker, forecast a weaker final quarter, increased production cuts and put growth plans on hold after it announced third-quarter results missed forecasts, sending its shares down 12 percent in early trading. The company announced on Wednesday a series of measures, including temporary output cuts of 30 percent, from an initial 15 percent, a... |
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Kendle Reports Record 3Q 08 Net Income and Total Business ...... | |
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Submitted by admin on Tuesday, November 4, 2008 - 23:05 | |
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From the Wires Kendle Reports Record 3Q 08 Net Income and Total Business Authorizations - Record EPS of $0.73, up 192% from third quarter 2007 CINCINNATI, Nov. 4 /PRNewswire-FirstCall/ -- Kendle (Nasdaq: KNDL ), a leading, global full-service clinical research organization, today reported record net income of $11.0 million or $0.73 per diluted share for its third quarter ended Sept. 30, 2... |
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Stadium cheers Zirkon deal... | |
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Submitted by admin on Monday, November 3, 2008 - 11:05 | |
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Home M&A News M&A Deals Acquisitions Buy-ins Buy-outs Admissions Raising Finance International Sector Watch Strategy Deal Listings Adviser Directory Q&A Forum Jobs Board Business Diary M&A Events Media Pack Subscribe The Magazine Home > M&A Deals > Acquisitions An AIM-listed provider of electronic manufacturing and power services has added additional expertise to its operations followin... |
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Democracy in the free market? Not a chance... | |
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Submitted by admin on Sunday, November 2, 2008 - 11:05 | |
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In the Spain of the 1600s and upwards, the practice of corporate capitalism was known as administration by asiento, or private contract, and was pivotal to the rise and development of the Spanish Empire, which required the "virtuous greed" of privateers [armed and licensed maritime mercenaries for hire] as a vehicle toward expansion and consolidation. Yet Spain is portrayed as an example ... |
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Assurant Reports Q3 2008 Net Operating Income of $83.1 Million or ...... | |
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Submitted by admin on Thursday, October 30, 2008 - 10:05 | |
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From the Wires Assurant Reports Q3 2008 Net Operating Income of $83.1 Million or $0.70 per diluted share; Q3 2008 Net Loss of $111.4 Million or ($0.95) per diluted share NEW YORK, Oct. 30 /PRNewswire-FirstCall/ -- Assurant, Inc. ("Assurant") (NYSE: AIZ ), a premier provider of specialized insurance and insurance-related products and services, today reported its results for the third quart... |
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