Recession hits Putzmeister and its employees (The Journal Times) MOUNT PLEASANT — The economic recession has struck another local company in the form of job reductions. |
Layne Christensen Reports Record Third Quarter Fiscal 2009 Earnings (GlobeNewswire via Yahoo! Finance) "All of our operating units did an outstanding job this quarter delivering positive results despite the increasingly difficult economic environment. Like most companies, we are moving quickly to match expenses in our various businesses to reductions in revenue as those become apparent. |
UPDATE: Merck Sees 2009 Profit Below Estimates (Nasdaq) (Adds comments from conference call and analysts starting in the third paragraph, background and updated stock price.) |
Arrest made in Madison 'bike rage' case (Milwaukee Journal Sentinel) An arrest has been made in the case of a Madison bicyclist who was beaten by another bicyclist after a confrontation Nov. 26, Journal Sentinel reporter Tom Held reports in his Off the Couch blog. |
China's sovereign fund hires experienced dealmakers (Reuters via Yahoo! Malaysia News) (Adds quotes, staff number) |
(AFX UK Focus) 2008-12-04 07:31 UPDATE 1-China's sovereign fund hires experienced dealmakers (Interactive Investor) By George Chen |
There's Value in Today's Market (The Motley Fool) T. Rowe Price managers are optimistic about what they're seeing out there. |
Big Three survival bailout requests rise to $34B (AP via Yahoo! News) Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline. GM and Chrysler said they needed an immediate cash infusion to last 'til New Year's, and warned they could drag the entire industry down if they fail. |
Pakistan’s Richest Man Defies Terrorism to Expand Bank Empire (Bloomberg) Dec. 3 (Bloomberg) -- On a September evening when many of Pakistan’s 165 million people were breaking their fast during the Muslim holy month of Ramadan, billionaire Mian Mohammad Mansha , the country’s richest man, was deciding whether to buy an Indonesian bank. |
Autoworkers sense end of era (The Washington Times) The industry as they know it is sure to come undone. "They're anxious, frustrated, scared and angry," says Brian Fredline, a United Auto Workers Local 602 president who has worked for General Motors Corp. for 23 years. He was describing the mood of his 3,000 members who assemble crossover sport utility vehicles like the Acadia at GM's sprawling Delta Township plant near Lansing. |