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Monthly Archive October, 2008

Determined M&A hunters will prosper in 2009

October 29, 2008

The pace of mergers and acquisitions in Europe will slow next year, but there are still plenty of deals to be done, particularly in […]

money - Comments closed

Suncor cuts 2009 spending plans

October 28, 2008

CALGARY–Suncor Energy Inc. has cut its capital spending target for 2009 by more than one-third to $6 billion.
Sixty per cent of the total […]

economics, term - Comments closed

Iceland to receive $2B IMF loan

October 25, 2008

LONDON – The Icelandic government said today it reached tentative agreement with the International Monetary Fund for a US$2-billion loan over two years as […]

legal - Comments closed

Sony halves profit forecast on yen, electronics

October 23, 2008

Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) slashed its annual operating profit forecast by 57 percent to far below market expectations, citing a […]

economics, legal - Comments closed

Kerkorian cuts Ford stake, says could sell all shares

October 22, 2008

Billionaire investor Kirk Kerkorian lowered his stake in Ford Motor Co to 6.1 percent and said he could sell the remainder of his shares […]

money - Comments closed

TSX surges on energy gains, rising oil prices

October 21, 2008

The Toronto stock market surged almost 300 points yesterday, led by big gains in energy stocks after oil prices turned around following steep losses in […]

economics - Comments closed

Europe pledges $2.3 trillion to ease credit crisis

October 15, 2008

PARIS – European governments overcame their differences to put $2.3 trillion (U.S.) on the line Monday in guarantees and other emergency measures to save […]

legal, term - Comments closed

G-7 Commit to `All Necessary Steps' to Stem Meltdown

October 12, 2008

Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the collapse of major banks while […]

marketing - Comments closed

CB Richard Ellis restructures nationally

October 11, 2008

CB Richard Ellis Inc. has laid off an undisclosed number of employees as part of a national restructuring plan.
Robert W. McGrath, spokesman for CB Richard […]

economics - Comments closed

Several big St. Louis area employers utilize commercial paper

October 9, 2008

Rivulets of the $1.6 trillion commercial paper market run through some of the St. Louis area’s biggest employers and best-known companies, including Anheuser-Busch, Ameren […]

legal - Comments closed