SL Green Fourth-Quarter Profit Falls on Gramercy Loss (Update1)
Bloomberg
Jan. 26 (Bloomberg) -- SL Green Realty Corp., New York's biggest office landlord, said profit fell 29 percent on investment losses in a commercial property financing firm.
Smurfit-Stone, Cardboard Maker, Files for Bankruptcy (Update5)
Bloomberg
Jan. 26 (Bloomberg) -- Smurfit-Stone Container Corp. , North America’s second-largest maker of corrugated packaging, filed for bankruptcy in the face of falling demand and heavy debt payments.
Hornbeck Offshore 3Q profit up,revenue misses view
Forbes
... of the turmoil in the credit markets over the past 90 days, the company has concluded that maintaining the status quo with respect to this stable source of diversified cash flow is in its best interest at this time," Hornbeck said in a...
Congress takes up auto rescue
Detroit Free Press
... the end of the Bush administration, a deadline set by General Motors Corp.'s cash ... Automakers have said those loans would flow too slowly to help their finances and ... Bush administration must take immediate action," Pelosi, D-Cali...
Iamgold hopeful on Quebec mine
National Post
Canadian miner Iamgold Corp, after a preliminary assessment of its Westwood Gold Project in Quebec, said the mine could begin production in early 2013.
The DIRECTV Group Reports Third Quarter 2008 Free Cash Flow Quadruples ...
TMCnet
The DIRECTV Group Reports Third Quarter 2008 Free Cash Flow Quadruples to $332 Million EL SEGUNDO, Calif. --(Business Wire ... CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS NOTE: This release may include or incorporate by refer...
Macy's swings to $44 million loss in 3rd quarter
Lansing State Journal
Macy's Inc. remains financially healthy, with strong cash flow, a solid balance sheet and ample borrowing capacity," the retailer's chairman and chief executive, Terry Lundgren, said in a statement. "We are committed to continuing to aggres...
Google Ends Search Advertising Deal with Yahoo
BusinessWeek
For Yahoo, however, this is a huge blow, since it has said it expected to earn up to $450 million in operating cash flow annually from the deal. In its statement , in full after the jump, Yahoo said it was “disappointed that Google has elec...
NZX Announcements: BIT
ShareChat
BIT 26/01/2009 FLLYR REL: 0845 HRS The Bankers Investment Trust Plc FLLYR: BIT: BIT-Final Results The Bankers Investment Trust PLC Annual Financial Report for the year ended 31 October 2008 THE BANKERS INVESTMENT TRUST PLC Annual Financial ...
UPDATE 1-Petrom Q3 net profit down 5 pct, beats consensus
Reuters
... to an impairment we had to make on the Arpechim refinery, operational profit and net income were lower than in the third quarter of last year," Mariana Gheorghe, Petrom's CEO, said in a statement. "(But we) have also partly ensured Pet...
U.S. Stocks Gain Following Pfizer-Wyeth Deal; Banks Rally
Bloomberg
Jan. 26 (Bloomberg) -- U.S. stocks rose for a second day after Pfizer Inc. agreed to purchase Wyeth in the biggest drug merger in almost five years and European banks reassured investors they were taking steps to overcome credit losses.
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Involving Mortgage Backed Securities of Deutsche ...
Business Wire via Yahoo! Finance
NEW YORK----Coughlin Stoia Geller Rudman & Robbins LLP today announced that a class action lawsuit is pending in the United States District Court for the Eastern District of New York on behalf of purchasers who acquired the Mortgage Pass-T...