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  • Goldman, Morgan Stanley Squeeze Exchanges With New Platforms Monday, November 17, 2008 @ 6:25PMNov. 18 (Bloomberg) -- Goldman Sachs Group Inc. , Morgan Stanley and investment banks in Europe are using the early success of new trading platforms they have backed to push exchange fees lower.
  • CA unifies service management products Monday, November 17, 2008 @ 6:24PM Madeline Bennett in Las Vegas, vnunet.com , Tuesday 18 November 2008 at 00:00:00 New releases combine separate management capabilities into unified offerings CA has today announced three service management products, designed to offer firms a unified approach to IT management. CA Service Desk Manager, CA IT Client Manager and CA IT Asset...
  • Islamic Banking A Solution To Financial Crisis? Monday, November 17, 2008 @ 6:23PMBandar Seri Begawan - Islamic banking has been proposed as an alternative financing method following the global financial crisis.
  • London Hedge Fund Alley Rents Drop for First Time Since 2005 Monday, November 17, 2008 @ 6:22PMNov. 18 (Bloomberg) -- Office rents in Mayfair and St. James’s, the London districts with Europe’s biggest concentration of hedge funds, are falling for the first time since 2005 as the alternative investment industry has its worst year in two decades.
  • Immersive Media Completes Strategic Investment With Future Fuels LLC Monday, November 17, 2008 @ 6:20PM CALGARY, ALBERTA-- - Immersive Media Corp. is pleased to announce that it has completed its previously announced strategic investment with Future Fuels LLC in Future Power PA Inc. , a wholly-owned subsidiary of Future Fuels.
  • Putnam cuts 47 jobs, merges funds as assets shrink Monday, November 17, 2008 @ 6:09PMBOSTON (Reuters) - U.S. asset manager Putnam Investments fired 47 workers on Monday, including 12 portfolio managers, and said it was merging six stock funds following a dramatic decline in assets during the financial crisis.
  • How Wall Street calculates those big bonuses Monday, November 17, 2008 @ 6:06PMWall Street has long operated by one simple pay rule: To the victor go the spoils. If a firm does well, its people do well, getting splashy annual bonuses sometime in December or January.
  • Local firm announces changes Saturday, November 15, 2008 @ 11:21PMThe accounting firm of Schaffner, Knight, Minnaugh Co. has announced the following personnel changes:
  • Stocks fluctuate as investors refocus on economy Saturday, November 15, 2008 @ 11:21PMNEW YORK -- Wall Street fluctuated in a choppy session today as investors absorbed another wave of downbeat economic news and took little solace from hints that an additional interest rate cut might be possible.
  • CENTRAL NY BUSINESS NEWS Saturday, November 15, 2008 @ 11:20PM• Peer pressure crimps spending A preholiday shopping season snapshot of a cross section of the Central New York retail scene is a profile in courage amid the doom and gloom of the national marketplace.
  • Auto bailout backers offer to cut $25 billion size Saturday, November 15, 2008 @ 11:18PMWASHINGTON — Facing an uphill battle in Congress and stiff opposition from President George W. Bush, supporters of a government bailout for the sinking U.S. auto industry are offering to reduce its $25 billion size. General Motors Corp., Ford Motor...
  • Workers getting help with finances Saturday, November 15, 2008 @ 11:15PM(By Alan M. Wolf, alan.wolf@newsobserver.com) As the stock market swoons and the economy slows, employers are boosting efforts to improve financial literacy among workers. And demand from anxious employees is surging as they take a bigger role in their own retirement planning. At WakeMed in Raleigh, attendance is up at classes such as Secure your Future and Retirement Strategies for Women. SAS ...
  • Week ahead: Weathering bad news Saturday, November 15, 2008 @ 10:55AMInvestors returning to work Monday face what is expected to be a weeklong display of the depth of the downturn - a torrent of bad economic news.
  • G-20 Leaders Move Toward Plan To Spur Growth, Fix Fincl Sys Saturday, November 15, 2008 @ 10:33AMWASHINGTON (Dow Jones)--Leaders from major advanced and developing countries sat down for several hours of tough talks Saturday, with plans to emerge with a series of actions to fix the financial system and keep the crisis from inflicting further damage to the world economy.
  • Business Services Company Plans Middleton Expansion Saturday, November 15, 2008 @ 10:31AMMIDDLETON, Wis. -- A business that provides sales and account management services for Fortune 1,000 companies is planning to expand one of its Wisconsin sites, adding about 50 to 80 jobs.
  • DAVID BROOKS: Bailout to nowhere Saturday, November 15, 2008 @ 9:58AMNot so long ago, corporate giants with names like PanAm, ITT and Montgomery Ward roamed the earth. They faded and were replaced by new companies with names like Microsoft, Southwest Airlines and Target. The U.S. became famous for this pattern of decay and new growth.
  • DRI Corporation Posts Third Quarter 2008 Results Friday, November 14, 2008 @ 11:10AM DALLAS----DRI Corporation , a digital communications technology leader in the domestic and international surface transportation and transit security markets, announced today that it posted third quarter 2008 net sales of $18.8 million, an increase of 34.9 percent over net sales for the same period last year.
  • Northamber in the red as turnover tumbles Friday, November 14, 2008 @ 11:09AM Doug Woodburn, CRN , Friday 14 November 2008 at 16:45:00 Broadliner falls to a loss in Q1 as sales decrease and headcount is reduced Northamber has tumbled to a small first quarter loss as it lamented the weak economic backdrop and swift erosion of sterling....
  • 14.11.2008 - DJ DGAP-Adhoc: TRIA IT-solutions AG:Nine-Month Results and Personnel change to the Management Board Friday, November 14, 2008 @ 11:09AMRelease of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
  • Bahrain calls for stepping up free trade deal talks Wednesday, November 12, 2008 @ 6:23PMMANAMA: Bahrain yesterday called for GCC-EU member states to fast-track the Free Trade Agreement. "Such a deal would send GCC-EU economic co-operation to new heights," Bahrain Chamber of Commerce and Industry chairman Dr Essam Fakhro yesterday said.
  • News Americas Wednesday, November 12, 2008 @ 6:23PMAs Barack Obama, the US president-elect, prepares to take over the White House after his inauguration on January 20, work has begun on shaping his new cabinet.
  • Europe Retreats From U.S. M&A, Japan Emerges: Chart of the Day Wednesday, November 12, 2008 @ 6:23PMNov. 13 (Bloomberg) -- The U.K., France and Germany reduced their share of U.S. dealmaking this year as the spreading credit crisis saddled European firms with more than $150 billion of losses. Taking their place: Japan, South Korea and Singapore.
  • Ramius Pushes Actel to Sell Its Flash Business Wednesday, November 12, 2008 @ 6:21PMThe activist hedge fund Ramius Capital has pointed its guns at the management of the semiconductor company Actel in an effort to raise its sagging stock price, according to a letter obtained by DealBook that is expected to be filed with the Securities and Exchange Commission on Thursday.
  • Sarke: newsletter of 12.11.2008 Wednesday, November 12, 2008 @ 6:20PMThe revised draft budget-2009 will be submitted to the Parliament these days, Georgian Finance Minister Nika Gilauri announced after today’s government meeting.
  • Emergent BioSolutions Files Universal Shelf Registration Statement Wednesday, November 12, 2008 @ 6:20PM ROCKVILLE, Md.----Emergent BioSolutions Inc. announced today that it has filed with the U.S. Securities and Exchange Commission a universal shelf registration statement which, when declared effective, will permit the company to issue up to an aggregate of $100 million of common stock, preferred stock, debt securities and warrants.
  • BOS Announces Launching PointAct -- A Family of Microsoft SharePoint Software Based Applications for RFID Solutions Wednesday, November 12, 2008 @ 5:31AM RISHON LEZION, Israel, Nov. 12, 2008 -- Better Online Solutions Ltd. , a leading provider of comprehensive Mobile and RFID solutions for the enterprise and of Supply Chain Solutions, announced launching of PointAct -- a unique and enhanced infrastructure based on Microsoft SharePoint products, designed to easily generate and build a wide range of applications to respond to various business ...
  • Natixis Says Securities Unit Had EU250 Million Loss (Update1) Wednesday, November 12, 2008 @ 5:30AMNov. 12 (Bloomberg) -- Natixis SA , the worst-performing French banking stock this year, said its securities unit had a loss of about 250 million euros ($314 million) in October because of volatile markets.
  • Adept Technology Executes Restructuring Plan Wednesday, November 12, 2008 @ 5:30AM LIVERMORE, Calif., Nov. 12, 2008 -- Adept Technology, Inc. , a leading provider of intelligent vision-guided robotics, today announced that it has executed a comprehensive restructuring plan as part of an overall initiative to focus on generating cash flow while at the same time investing for growth in its target markets.
  • SCI-TECH IN BRIEF 12/11 Wednesday, November 12, 2008 @ 5:28AMVinaPhone has introduced its push mail – EZmail service, which allows its subscribers to send and receive emails on their mobile phones. Whenever a new email comes, it will be automatically pushed to customer’s mobile phone.
  • Families contesting wills mean charities miss out on bequests Monday, November 10, 2008 @ 8:55PMAccording to a new study many charities never see the money left to them because more families are contesting wills following death.
  • US Fed gives American Express full bank status Monday, November 10, 2008 @ 8:52PMWASHINGTON (AFP) - The US Federal Reserve Monday authorized giving credit card giant American Express full status as a bank holding company.
  • (AFX UK Focus) 2008-11-11 02:49 Nikkei sinks as exporters hit by U.S. economy woes Monday, November 10, 2008 @ 8:52PMBy Elaine Lies
  • GM says GMAC mortgage unit may not survive Monday, November 10, 2008 @ 8:50PMDETROIT - Bad news kept piling up for General Motors Corp. on Monday as its shares plunged to their lowest point in 60 years and the company said in a government filing that the mortgage unit of its finance arm may not survive.
  • Chinese Stocks May Need More to Lure Investors (Update1) Monday, November 10, 2008 @ 8:42PMNov. 11 (Bloomberg) -- China may have more work ahead to revive investors’ confidence in the world’s worst-performing major stock market after unveiling a 4 trillion yuan ($586 billion) stimulus plan.
  • Asian Stocks Fall as Earnings Outlook Worsens; Confidence Drops Monday, November 10, 2008 @ 8:42PMNov. 11 (Bloomberg) -- Asian stocks dropped as the worsening global economy prompted companies including watchmaker Citizen Holdings Co. to reduce profit expectations and drove Australian business confidence to the lowest level on record.
  • Office market deflated by downturn Monday, November 10, 2008 @ 4:13PMFinancial market turmoil and money worries are causing Las Vegas Valley businesses to scale back capital expenditures and cut personnel resulting in an anemic third-quarter local office market.
  • ABX Air, DHL Amend ACMI and Hub Services Agreements Monday, November 10, 2008 @ 4:12PM WILMINGTON, Ohio----Air Transport Services Group, Inc., today reported that its wholly-owned subsidiary ABX Air had signed amendments to its principal commercial agreements with DHL Express to set fixed-dollar mark-up payments for the fourth quarter of 2008 and first quarter of 2009.
  • Centerline Holding Company Announces Conference Call to Discuss Third Quarter 2008 Financial Results Monday, November 10, 2008 @ 4:11PM NEW YORK----Centerline Holding Company , the parent company of Centerline Capital Group, today announced that it will release financial results for the third quarter ended September 30, 2008 on Thursday, November 13, 2008.
  • / CORRECTION - AirTight Adds Upgrade to SpectraGuard to Protect Against Newly Discovered TKIP WPA Hack Monday, November 10, 2008 @ 4:10PM In the news release, "AirTight Adds Upgrade to SpectraGuard to Protect Against Newly Discovered TKIP WPA Hack," issued earlier today by AirTight Networks, Inc., we are advised by the company that the last two sentences of the second paragraph should read "Siles emphasizes this attack can also work against WPA2 if configured with TKIP because WPA2 allows both, AES and TKIP. Because the ...
  • Beacon Power Announces Third Quarter 2008 Results Monday, November 10, 2008 @ 4:08PMBeacon Power Corporation (NASDAQ: BCON), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced its financial results for the third quarter ended September 30, 2008.
  • Alcoa, Dish, General Growth, Google, Tyson: U.S. Equity Movers Monday, November 10, 2008 @ 4:07PMNov. 10 (Bloomberg) -- The following companies had unusual price changes in U.S. trading . Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
  • Fuld Solicited Buffett Offer CEO Could Refuse as Lehman Fizzled Sunday, November 9, 2008 @ 7:25PMNov. 10 (Bloomberg) -- It was the afternoon of Sept. 9, and tensions were rising in the 31st-floor office of Lehman Brothers Holdings Inc. Chief Executive Officer Richard S. Fuld Jr.
  • (AFX UK Focus) 2008-11-10 01:15 Taiwan govt to take over banks unable to raise capital - report Sunday, November 9, 2008 @ 7:22PMTAIPEI (XFN-ASIA) - The government will take over any banks that are unable to raise capital after booking losses equivalent to one-third of their equity, the Commercial Times reported, citing Vice-Premier Paul Chiu.
  • Reassessing the Nigerian Financial System IV Sunday, November 9, 2008 @ 7:22PMThe governor of the Central Bank, Professor Chukwuma Soludo, and president of the Chartered Institute of Bankers of Nigeria who is also CEO of Intercontinental Bank Plc, Erastus Akingbola, have been talking up the Nigerian banking system.
  • Active asset managers look ripe for culling Sunday, November 9, 2008 @ 7:20PMThe asset management industry is full to overflowing with active asset managers and overdue a cull. The economic downturn is sure to thin their numbers but it will almost certainly not go far enough. Active asset management, as opposed to its passive or index-tracking cousin, plays a valuable role in the economy and deserves to be rewarded for it.
  • What Crisis? Some Hedge Funds Are Gaining Sunday, November 9, 2008 @ 7:19PMBernard V. Drury is a rarity on Wall Street: a hedge fund manager whose fund is up 60 percent since Jan. 1.
  • United form frightens Feeney Sunday, November 9, 2008 @ 7:18PMFrancisco Sandaza pokes the ball past Jamie Langfield for United’s opener. DUNDEE UNITED striker Warren Feeney believes the Tannadice club’s unbeaten run is so impressive it’s scary.
  • Area offices and agencies closed for Veterans Day Sunday, November 9, 2008 @ 7:13PMThe Veterans Day holiday will be observed Nov. 11. Some area offices and agencies will be closed.
  • Council takes a final look at its budget Sunday, November 9, 2008 @ 7:13PM In lean times, 2009 budget is tight
  • Obama reviews Bush orders on stem cells, drilling Sunday, November 9, 2008 @ 7:08PMPresident-elect Obama plans to use his executive powers to make an immediate impact when he takes office, perhaps reversing Bush administration policies on stem cell research and domestic drilling for oil and natural gas. Obama makes his first trip to Washington since the election Monday to meet with President Bush at the White House.