YRC Worldwide cut to 'BB' with negative outlook on Q3 earnings …

Thomson Financial News
09.09.08,
1:10 AM ET
Inc. to 'BB' from 'BB+' after the company said it has has revised down its earnings outlook for the third quarter, due, in part, to operating conditions that have been even more difficult than anticipated.
The company's senior unsecured rating was also downgraded to 'BB-' from 'BB'.
The downgrade is based on Fitch's increasing concern that the weak demand environment, although affecting volumes Read the rest of this entry »

January 31, 2007 | , , , ,
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SAC's Cohen, Einhorn Raise Money as Most Hedge Funds Shrink

SAC's Cohen, Einhorn Raise Money as Most Hedge Funds Shrink
Oct. 30 (Bloomberg) --
, David Einhorn,
and Alan Howard are doing what most hedge-fund managers
can't these days -- raising money from investors.
Singer's Elliott Management Corp. added $3 billion in the
third quarter and Howard's Brevan Howard Asset Management LLP
garnered new cash as they posted investment gains in a year when
the
has lost 20 percent, people with Read the rest of this entry »

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iQ4bis Delivers Simple to use Business Intelligence

Denver, CO (
) September 9, 2008 -- Siegfried Plommer, President of iQ4bis, recently participated in an exclusive interview with Ron Powell and the Business Intelligence Network (
). In this interview, Plommer explains how iQ4bis utilizes the Microsoft tool stack to provide rapidly deployed, end-to-end business intelligence analysis, charting and reporting for a wide variety of business management systems and enterprise resource planning (ERP) Read the rest of this entry »

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Executive Profile: Denise Tanguay, Professor of Management …

Executive Profile: Denise Tanguay, Professor of Management, Eastern Michigan University
Denise M. Tanguay practices what she teaches. The long-time Eastern Michigan University professor of management teaches labor relations. But she's also been part of labor negotiations at EMU, sitting on both sides of the table. She's served as vice president of the EMU American Association of University Professors and as associate dean of the College of Business.
Read the rest of this entry »

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Dollar hits 12-month high

NEW YORK (AP) -- The dollar rose to its highest level in nearly a year against the euro Thursday, even as the U.S. trade deficit for July soared. Falling oil prices helped support the buck.
The 15-nation euro fell to $1.3951 in late New York trading from $1.4033 the night before. Europe's common currency dropped as low as $1.3881 for the session, a point not seen since late September 2007.
The British pound also dropped to $1.7528 from $1.7560 Read the rest of this entry »

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Va. Fraternal Order of Police, US Chamber of Commerce back Warner

With all the presidential politicking going on in Virginia, it's easy to overlook the state's U.S. Senate race.
Today, former Gov. Mark R. Warner, the Democrat running for the seat of retiring Republican Sen. John Warner, picked up endorsements form the Virginia Fraternal Order of Police and the U.S. Chamber of Commerce.
Both are organizations with broad Republican membership. The national FOP this past weekend backed Republican John McCain for Read the rest of this entry »

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PepsiCo investing in drink development

After a period of expanding its product line through acquisitions,
is investing heavily in research to develop its own drinks. "In North America I'd like us to make no more beverage acquisitions," Chairwoman and CEO Indra Nooyi said.
Friday, March 14, 2008
Friday, May 30, 2008
Wednesday, July 16, 2008
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Monday, November 3, 2008
Monday, November 3, 2008
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Monday, December 15, 2008
Monday, Read the rest of this entry »

January 31, 2007 | , , ,
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New Jersey retailers planning deep discounts after Christmas

The Times, Trenton
Reporter, Somerset
December 26, 2008
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December 21, 2008 - December 27, 2008
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November 30, 2008 - December 6, 2008
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November 16, 2008 - November 22, 2008
November 9, Read the rest of this entry »

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Global Markets Week in Review: Stock Market Shrugs Off Bad News

Despite a litany of bleak economic and corporate news confronting investors during the past week, global stock markets digested the bearish fodder with a sense of aplomb. The MSCI World Index and the MSCI Emerging Markets Index gained 4.4% and 10.9% respectively on the week, with other reflation trades such as gold (+9.1%) and oil (+20.4%) also putting in a strong performance.
But investor angst was never completely allayed as seen from the yields Read the rest of this entry »

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Fact Check: Plumber Joe's taxes

(CNNMoney.com) -- In speech after speech, presidential candidate John McCain hammers on the claim that his rival Barack Obama will raise taxes on many small businesses.
At the debate on Wednesday night, McCain said, "The small businesses that we're talking about would receive an increase in their taxes right now."
More typically he has said: "What [Obama] hasn't told you is that he would tax half of the income of small businesses in America," Read the rest of this entry »

January 31, 2007 | , , ,
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