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Monthly Archive July, 2009

Yahoo-Microsoft alliance faces many obstacles

July 30, 2009

It took Microsoft Corp and Yahoo Inc several years to find common ground on the best way to team up in the Internet search […]

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Arch offering stock, debt to fund mine purchase

July 29, 2009

Arch Coal Inc. began offering 17 million shares of common stock and $500 million in senior unsecured notes due in 2016 to finance the […]

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Fed, Treasury battle over new watchdog

July 27, 2009

Washington — Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should […]

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CIT may sell aviation-finance, rail-finance ops: report

July 25, 2009

CIT Group Inc, which is looking at selling off some assets, is most likely to sell its aviation-finance and rail-finance operations, the Wall Street […]

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Airlines hang on by cutting flights

July 23, 2009

Just like Detroit shutting factories rather than building more cars than people want to buy, airlines are reducing flights to avoid flying with empty […]

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Charter’s reorganization plan goes under microscope Monday

July 21, 2009

Charter Communications is heading into a pivotal week in its effort to escape bankruptcy without some of the debt shackles that have crippled it […]

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CIT has ‘tentacles’ all over

July 20, 2009

The possible collapse of a key lender is sending panic through the retail industry, threatening to hang up deliveries of back-to-school clothing and other […]

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RHJ and Magna face off in bid for Opel

July 17, 2009

Belgium-based investor RHJ International is offering 275 million euros ($388 million) for a majority stake in General Motors’ Opel business in a last-ditch bid […]

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Harley-Davidson cuts full-year shipment plans

July 16, 2009

Harley-Davidson Inc reported second quarter 2009 results, lowers full-year shipment plans and provides restructuring update.
* Q2 earnings per share $0.08
* Says decline in retail […]

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U.S. mulls temporary loan for CIT: source

July 15, 2009

U.S. officials are considering giving CIT Group Inc a temporary loan as part of an aid package to help the lender avoid collapse, a […]

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