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'Business in the Burbs': Job losses are the worst in 7 years
Published December 3, 2008, 11:41 pm, The Journal News
When Citigroup Inc. recently announced plans to cut about 52,000 jobs worldwide in coming months, it was the biggest downsizing announced this year by a company with a major presence in the Lower Hudson Valley.
Fitch: Consumer weakness drives negative semicon outlook
Published December 3, 2008, 1:25 pm, CIOL
CHICAGO, USA: Fitch's 2009 Rating Outlook for the semiconductor industry is negative due to a meaningfully weaker macroeconomic environment, resulting in lower revenues for all semiconductor markets and, in particular, PCs and mobile handsets, which represent nearly 60 percemt of the global semiconductor consumption.
Alloy Reports Third Quarter Fiscal 2008 Results
Published December 3, 2008, 1:15 pm, Business Wire via Yahoo! Finance
NEW YORK----Alloy, Inc. , one of the country’s largest providers of media and marketing programs reaching targeted consumer segments, today reported financial results for its third fiscal quarter ended October 31, 2008.
A.M. Best Affirms Ratings of Universal American Corp. and Most of Its Subsidiaries; Outlook Remains Negative
Published December 3, 2008, 12:44 pm, Business Wire via Yahoo! Finance
OLDWICK, N.J.----A.M. Best Co. has affirmed most of the financial strength ratings and issuer credit ratings of Universal American Corp.’s primary insurance subsidiaries. A.M. Best also has affirmed the ICR of “bb” and all debt ratings on the shelf registration of Universal American.
Fitch: Consumer Weakness Drives Negative Outlook for Semiconductors in 2009
Published December 3, 2008, 8:02 am, Centre Daily Times
Fitch's 2009 Rating Outlook for the semiconductor industry is negative due to a meaningfully weaker macroeconomic environment, resulting in lower revenues for all semiconductor markets and, in particular, PCs and mobile handsets, which represent nearly 60% of global semiconductor consumption. While the overall market will be lower, Fitch expects developing economies will experience lower albeit ...
Consumer Weakness Drives Negative Outlook for Semiconductors in 2009 Business Editors
Published December 3, 2008, 7:53 am, INO News
(AP:CHICAGO--) (BUSINESS WIRE) _ Dec. 03, 2008-- Fitch's 2009 Rating Outlook for the semiconductor industry is negative due to a meaningfully weaker macroeconomic environment, resulting in lower revenues for all semiconductor markets and, in particular, PCs and mobile handsets, which represent nearly 60% of global semiconductor consumption.
Tollgrade rejects unsolicited buyout bid
Published December 2, 2008, 9:23 pm, Pittsburgh Tribune-Review
The CEO of the Harmar company calls its largest shareholder's bid too low and shortsighted.
Dollar funding rates dip, Japan pumps cash
Published December 1, 2008, 10:29 pm, Khaleej Times
SINGAPORE - Dollar overnight funding rates dipped slightly in Asia on Tuesday while staying well above last month’s near-zero rates as banks braced for customary funding strains at the end of the year.
Indian economy to grow at robust rates
Published December 1, 2008, 12:05 pm, Business Standard India
India's economy will probably withstand the effect of yesterday’s terror attacks in Mumbai as rising incomes and record harvests boost consumer spending.
UDR Closes 10-Year $400 Million Fannie Mae Credit Facility
Published December 1, 2008, 5:45 am, Business Wire via Yahoo! Finance
DENVER----UDR, Inc. announced today that it has closed a $225 million secured loan originated by PNC ARCS LLC for repurchase by Fannie Mae , with an option to borrow an additional $175 million, bringing the total loan to $400 million.
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