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- GE Commercial Finance Corporate Lending today announced it has provided a $200 million asset-based credit facility to Severstal Warren, Inc., a steel producer and indirectly owned subsidiary of OAO Severstal. The loan will be used for ongoing working ...
- NEW YORK--( BUSINESS WIRE )--CastleOak Securities, L.P., a leading minority-owned investment bank, announced today the hiring of five seasoned professionals, adding further strength to its capital markets team. “ Individually, each new hire brings ...
- Money4Gold Holdings Inc. MFGD is pleased to announce that Mr. Neil McDermott has been appointed to its Board of Directors. Mr. McDermott has a long and distinguished career with particular knowledge and experience in the areas of land, capital and ...
- SAN MATEO, Calif. - (Business Wire) Emergence Capital Partners, the leading venture capital firm focused on early and growth-stage technology-enabled services companies, today announced that Richard Yanowitch, has joined the firm as a venture partner ...
- In response to the slowdown in the global economy and turbulent capital markets, Alter NRG is proactively refining its strategic plan to manage this new economic landscape. Alter NRG's corporate focus has shifted from internally-led project ...
- TORONTO (Reuters) - Suncor Energy Inc (SU.TO: Quote ) slashed its 2009 capital spending by more than a third and pushed back completion of its Voyageur upgrader amid a downturn in the global markets and falling crude prices. Canada's No. 2 oil sands ...
- PARIS, Oct 23 (Reuters) - Air Liquide, the world's biggest industrial gases group, warned on Thursday that global financial turmoil made it hard to predict fourth-quarter business but maintained its financial goals as calls to clean up the ...
- Oct. 23 (Bloomberg) -- Goldman Sachs Group Inc. , Coller Capital and Lexington Partners Inc. are weighing bids for Lehman Brothers Holdings Inc. 's investments in U.S. and European private-equity funds, people with knowledge of the matter said ...
- FLAGSTAFF, Ariz. - Navajo lawmakers have passed a measure requiring employers on the reservation to provide a place for working mothers to breast feed. The Tribal Council approved the bill 64-0 Wednesday while wrapping up its fall session in the ...
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- CALGARY — Petro-Canada reported Thursday net third-quarter earnings were $1.25-billion, or $2.58 per share, compared with $776-million, or $1.59 per share, a year earlier. Operating earnings rose to $1.24-billion, up 97 per cent from $630-million ...
- CALGARY - Petro - Canada (TSX:PCA) had third-quarter operating earnings of $1.24 billion, up 97 per cent from $630 million in the same period last year, the company announced Thursday. Earnings per share rose to $2.56 from $1.29, it said. Third ...
- General Motors Corp., trying to raise cash as a US sales slump extends losses, said it may sell its ACDelco replacement-parts business. Merrill Lynch has been hired to assist in the possible sale, Detroit-based GM said in a statement. ACDelco, based ...
- MUMBAI, Oct 23 (Reuters) - Pig iron maker Visa Steel Ltd (VISA.BO: Quote , Profile , Research ) has put on hold its raw material purchases, due to a slowdown in demand and the global credit crisis, Vishambhar Saran, chairman of the group, told ...
- Fears that insurers could be the next victims of the financial crisis were heightened last night by a warning that many major players had a 'capital cushion' of around £1bn that could be seriously eroded if financial markets deteriorate over the ...
- China is a significant source of global savings and certainly is not immune to the economic crisis which will slow its economic growth, though it is likely to weather it well. With nearly $2 trillion in foreign exchange reserves, it is in a position ...
- AMSTERDAM, Netherlands : The Dutch government will invest €10 billion (US$13.4 billion) in ING Groep NV to boost the bank and insurance company's capital position, officials said. The deal, which makes the government a major shareholder in ING, was ...
- Prudential is weighing up a possible £8bn offer for the Asian operations of the troubled US insurer AIG. If the insurer, which last week watched its stockmarket value dive from £12bn to £8bn on concerns that the insurance industry was being drawn ...
- Commenting on the decision by Kurt Viermetz, Chairman of the Supervisory Board of Deutsche Borse AG to step down effective as of December 8, 2008, Atticus Capital LP today made the following statement: "Atticus is pleased by Mr. Viermetz's decision ...
- London/Amsterdam: Dutch financial group ING is in talks with the Dutch government about a state-backed cash injection estimated to be worth up to 9 billion euros ($12.12 billion), the Sunday Times reported. The Netherlands' biggest listed bank, which ...
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