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Philips to slow buyback even as profit rises on asset sale
News | www.marketwatch.com | 2 hours 51 minutes ago
Royal Philips Electronics, Europe’s largest consumer electronics firm, on Monday posts an 8% increase in third-quarter profit, boosted by an exceptional gain, but reported weaker sales and cautions that demand may not recover in the fourth quarter.
Philips core profit down, to slow share buyback
News | www.reuters.com | 6 hours 55 minutes ago
AMSTERDAM (Reuters) - Dutch company Philips Electronics posted a 71 percent fall in third-quarter core profit as a charge for asbestos claims and restructuring costs impacted
http://www.reuters.com/article/businessNews/idUSTRE49C0V620081013?feedType=RSS&feedName=businessNews
Bankruptcy financing gets pricier and more elusive (Reuters)
News | news.yahoo.com | 22 hours 47 minutes ago
Financing is getting pricier and more elusive for companies that file for bankruptcy.
http://news.yahoo.com/s/nm/20081012/bs_nm/us_financial_restructuring
Lawyers head to Iceland to get cash back
News | www.independent.co.uk | Oct 11, 2008
At least 10 American and British pension funds and institutions owed money by failed Icelandic banks have hired London-based commercial lawyers to try to retrieve the debt.
http://www.independent.co.uk/news/business/news/lawyers-head-to-iceland-to-get-cash-back-958345.html
Key dates in Chrysler's recent history
News | www.sfgate.com | Oct 11, 2008
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company, DaimlerChrysler AG, begins trading on the Frankfurt and New York stock exchanges on Nov. 17. Feb. 14,...<a
Panic Resets Oil Prices - BusinessWeek
News | www.businessweek.com | Oct 11, 2008
As the cost of a barrel sinks below $78, demand forecasts are down and investors are fleeing the market. That's bad news for Big Oil.
Bugg Lights to give exposure to Menaul School
News | www.bizjournals.com | Oct 10, 2008
Menaul School has been selected from more than 20 applicants to receive the Bugg Light Display, which it says it will use to “put Menaul back on the map” and to raise funds for the school’s Mission Week community service program.
http://www.bizjournals.com/albuquerque/stories/2008/10/06/daily46.html?ana=from_rss
Todd Kallman to Lead New Commercial Engines & Global Services Organization
Press Release | www.prnewswire.com | Oct 10, 2008
EAST HARTFORD, Conn., Oct. 10 /PRNewswire/ -- Pratt & Whitney President Steve Finger announced today that Todd Kallman will have an expanded role as president of a newly formed organization named Commercial Engines & Global Services.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/10-10-2008/0004901969&EDATE=
S. KOREA SET TO MERGE, REORGANIZE 30 PUBLIC FIRMS - Zibb.com
News | www.zibb.com | Oct 10, 2008
The South Korean government said Friday that it will privatize, merge and restructure 30 state-operated companies and organizations as part of its plan to enhance efficiency in the public sector. The announcement by the Ministry of Strategy and Finance marks the final "hardware"
http://www.zibb.com/article/4138241/S+KOREA+SET+TO+MERGE+REORGANIZE+PUBLIC+FIRMS
Minerals unit helps Weir lift profit forecasts
News | business.scotsman.com | Oct 10, 2008
Minerals unit helps Weir lift profit forecasts - A BULLISH Weir Group yesterday boasted that its full-year profits would be higher than expected after an improved performance and a resurgent dollar.
http://business.scotsman.com/industry/Minerals-unit-helps-Weir-lift.4578755.jp
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