Archive for June, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!- Additional strategic investment totaling $50 million made by Virgin Group and SK Telecom at $8.50 per share
- Improved capital structure through increased liquidity and $50 million paydown of senior secured credit facility
- Incremental $60 million added to revolving [...]
June 29th, 2008 | Posted in Companies, Company Finances, News | No Comments
Company to Expand Footprint and Offer iPhone to Customers Throughout the State
AT&T Inc. (NYSE:T) is supporting its continued commitment to New Hampshire area customers with the largest wireless network investment in the region since 2005. The company’s planned $25 million investment in the state this year will bring the planned four-year New Hampshire investment [...]
June 29th, 2008 | Posted in Companies, Company Finances, News | No Comments
American Italian Pasta Company (Pink Sheets: AITP), the largest producer of dry pasta in North America, today announced results for the fiscal year ended September 28, 2007. With this filing, the Company is current with its annual SEC reporting requirements.
RESTATEMENT PROCESS COMPLETE
“We are pleased to now be current on all of our annual filings and [...]
June 29th, 2008 | Posted in Companies, Company Finances, News | No Comments
Gentilly Racing Corporation announced today that, at a special meeting of shareholders held on June 26, 2008, the shareholders adopted a plan to dissolve and liquidate the Corporation. Bryan G. Krantz, President of the Corporation, was appointed to act as liquidator. Mr. Krantz informed the shareholders that, after reserving funds for certain contingent liabilities, he [...]
June 29th, 2008 | Posted in Companies, Company Finances, News | No Comments
SEC Rule Change for Extractive Industries Will Protect U.S. Interests and Combat Corruption Abroad
In testimony on Thursday before the House Committee on Financial Services, the Revenue Watch Institute urged lawmakers to bolster energy security at home and fight corruption abroad through new reporting standards for the oil, gas and mining industries.
The low-cost rule changes [...]
June 29th, 2008 | Posted in News | No Comments
Congress Urged to Safeguard Key Role of Independent Appraisers
A plan under consideration in Washington will drastically curtail the valuable role of independent appraisals in home sales and harm consumers. The plan, known as the Home Valuation Code of Conduct (HVCC), was designed to prevent lenders and mortgage brokers from coercing appraisers into providing inflated [...]
June 28th, 2008 | Posted in Economy, News | No Comments
Visa’s announcement yesterday regarding new interchange policies on gasoline sales shows that interchange fees raise gas prices, but it’s not clear what else the announcement means. If Visa is willing to admit that interchange fees are causing added pain at the pump, why won’t it admit its role in rising food and other consumer prices? [...]
June 28th, 2008 | Posted in News | No Comments
Boeing (NYSE:BA) has welcomed Caribbean Airlines, Ltd., into the Boeing 737 Component Services Program (CSP), a materials management and supply-chain solution designed to help airlines reduce costs, enhance efficiency and improve spare parts availability.
Under the new agreement, Boeing will manage spare parts and components inventory for the Trinidad and Tobago-based airline until the parts [...]
June 27th, 2008 | Posted in Acquisitions, Companies, Company Finances, News | No Comments
The latest Bloomberg Eurozone Retail Purchasing Managers’ Index (”PMI(R)”), based on a mid-month survey of economic conditions in the euro area retail sector, fell from 53.1 in May to 44.0 in June. The PMI provides data one month ahead of government issued figures and the steep drop to well below the 50.0 no-change level indicated [...]
June 27th, 2008 | Posted in Companies, Company Finances, Earnings, News | No Comments
Data on bank lending in Singapore is due out on Monday 30th. This should confirm that the pace of lending growth has continued to slacken as a result of greater uncertainty regarding the broader economic outlook.
Rising inflationary pressures are forcing the authorities to adopt a stronger Singapore dollar (its main monetary policy tool) at a [...]
June 27th, 2008 | Posted in Companies, Company Finances, Earnings, Investing, News | No Comments