Panorama Capital Names Michael Jung Partner (Business Wire) and Mack-Cali Announces Tender Offer for Any and All of Its 7.25% Senior Unsecured Notes Due March 15, 2009 (Business Wire)
From: www.financialnewsusa.com
"MENLO PARK, Calif.--(BUSINESS WIRE)--Panorama Capital, a Silicon Valley-based technology and life sciences venture capital firm, today announced the promotion of Michael Jung to partner. Jung was previously a principal with the firm and currently
serves on the boards of directors of Axiom, World G..."
Merrill CEO may get $5.2M in BofA deal (at bizjournals.com) and Washington Mutual wins ruling on limiting trading (Reuters)
From: www.financialnewsusa.com
"Merrill Lynch & Co. Inc. CEO John Thain is slated to receive a $5.22 million payment if Bank of America Corp. buys the company by Dec. 31. According to a BofA filing with the Securities and Exchange Commission, the payment reflects the value of stock awards that would vest automatically when the mer..."
Obama says will confront economic woes head-on (at Reuters) and UPDATE - Mexico to start bond buybacks on Dec 1 (at Reuters)
From: www.financialnewsusa.com
"CHICAGO, Nov 7 (Reuters) - President-elect Barack Obama said on Friday the United States was facing one of its greatest economic challenges and vowed to confront the crisis head-on as soon as he takes office in January. Investors are awaiting Obama's choice of Treasury secretary, who will spearhead ..."
Summer Infant, Inc. Announces Third Quarter 2008 Results (Business Wire) and Priceline.com Reports Financial Results For 3rd Quarter 2008 (Business Wire)
From: www.financialnewsusa.com
"WOONSOCKET, R.I.--(BUSINESS WIRE)-- Summer Infant, Inc. ("Summer Infant"
or the "Company") (Nasdaq: SUMR) today announced financial results for the third quarter and nine months ended September 30, 2008. Third Quarter 2008 ResultsNet revenues for the third quarter of 2008 were $35.6 million, ..."
ScreenShot: Quality at a Discount (RealMoney by TheStreet.com) and The Truth About Qualcomm's Quarter (TheStreet.com)
From: www.financialnewsusa.com
"Today is stock screening day at Chez Melvin. I expected the market to sell back down after the somewhat euphoric rise into this week's election, and I wasn't disappointed. I'm not sure that it's over or that we won't retest the lows or even break them. I have pointed out in the last couple of weeks ..."
What happens to accounts if the bank fails? (Bankrate.com) and 3 savvy ways to save money for your goals (Bankrate.com)
From: www.financialnewsusa.com
"It can be unsettling when your bank fails. No advance notice is given to the public before the institution is closed because officials don't want to create a run on the bank. If you were a Washington Mutual customer, you knew it was in trouble because it was in the news. But sometimes it's not nearl..."
Dramatic drop in home values will crimp some retirement plans (at MarketWatch) and U.S. says home prices down 0.6% in July; annual drop is 5.3% (at MarketWatch)
From: www.financialnewsusa.com
"Intraday data provided by Interactive Data Real Time Services, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data. More information on NASDAQ traded symbols and their current financial statu..."
PROMISES, PROMISES: Vision to collide with reality (AP) and Comcast, Cox to slash jobs in slowing economy (AP)
From: www.financialnewsusa.com
"WASHINGTON (AP) -- Over a two-year campaign, Barack Obama laid out a vision for the nation's future in soaring speeches that enthralled his audiences. With his victory in the presidential election on Tuesday, those goals will collide with daunting realities.
President Obama will inherit a budget de..."
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