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nytimes.com » DealBook - 22 hours ago
Vikram Pandit is playing a dangerous game with Citigroup’s public image in his battle for Wachovia, Breakingviews says. The more Citi stakes its claim to Wachovia on the terms it reached a week ago, the worse it looks …
Also tagged: wells fargo, mergers and acquisitions, citigroup, wachovia, main topics, by industry, battle for wachovia
nytimes.com » DealBook - 22 hours ago
Bank of America, citing “recessionary conditions,” halved its dividend on Monday and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses. he largest U.S …
Also tagged: merrill lynch, bank of america, main topics, by industry, i p o offerings
nytimes.com » DealBook - 22 hours ago
The Treasury Department put its $700 billion bailout on a fast track on Monday, asking companies to submit bids for running the system by Wednesday and announcing its plan to select winners on Friday, The New York …
Also tagged: legal, goldman sachs, henry paulson, main topics, by industry
nytimes.com » DealBook - 22 hours ago
The Internal Revenue Service has taken steps to help ease the credit crisis by allowing corporations to ramp up their use of tax-free loans from overseas subsidiaries, The New York Times’s Lynnley Browning reports. The …
Also tagged: legal, main topics, by industry
marketwire.com » Market Wire - Financial Services - 22 hours ago
TORONTO, ONTARIO (MARKET WIRE) Integrated Asset Management Corp. (TSX: IAM) ("IAM") and its private corporate debt group, Integrated Private Debt Corp.("IPD") announced today the closing of a C$30 million participation …
Also tagged: iam
marketwire.com » Market Wire - Financial Services - 22 hours ago
PHOENIX, AZ (MARKET WIRE) EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has signed a definitive listing agreement with HaoHai Media Company (HH Media), in Hangzhou, China, to take it public …
Also tagged: ebig
thestreet.com » TheStreet.com - 22 hours ago
Jim Cramer says we need inflation and we need to cut rates.
Also tagged: c, usb, wb, jpm, banks, bac, equities, bonds economy
marketwire.com » Market Wire - Professional Services - 22 hours ago
NEW YORK, NY (MARKET WIRE) appssavvy (www.appssavvy.com), a direct sales team for social media applications, today announced that it has secured $3.1 million in Series A funding led by TRUE Ventures …
Also tagged: professional services, computers and software
nytimes.com » DealBook - 22 hours ago
Italian prosecutors sought a 13-year prison term for the former head of Italian food company Parmalat Monday over its 2003 collapse, one of Europe’s biggest financial scandals. Former Chief Executive Calisto Tanzi is …
Also tagged: legal, food and beverage, bank of america, main topics, by industry
nytimes.com » DealBook - 22 hours ago
While global private-equity fundraising marked its weakest quarter in more than three years, Asia-focused funds managed to surpass their European counterparts for the first time in history, according to data compiled …
Also tagged: private equity, main topics, by industry