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Source: articles.moneycentral.msn.com --- 2 days ago
MINNEAPOLIS (AP) - United Airlines shares zoomed up 45 percent on Tuesday after it announced plans for a major Cash Infusion, a smaller-than-expected quarterly loss, and reductions in flying and jobs intended to help it fight high fuel prices. ... Source: www.iht.com --- 34 days ago
Barclays Plc may be close to securing a 100 billion yen (US$930 million) capital injection from Japan's Sumitomo Mitsui Banking Corp. as part of the major British bank's efforts to weather the impact of the global credit crisis, according to media reports. ... Source: www.moreover.com --- 37 days ago
Extract not available. ... Source: online.wsj.com --- 36 days ago
Wall Street Journal Tech Briefing ...
Source: www.marketwatch.com --- 2 days ago
Shares of UAL Corp. soar as investors react to word of a new financial agreement aimed at boosting liquidity to the tune of $1 billion. Second-quarter financial results are deemed better than had been anticipated for the parent of United Airlines. ... Source: atlanta.bizjournals.com --- 11 days ago
OpenSpan Inc. has completed a $13 million round of venture capital funding. ...
Source: www.moreover.com --- 40 days ago
International Herald Tribune Jun 15 2008 12:44PM GMT ... Source: www.adotas.com --- 27 days ago
ADOTAS – Business slow this summer? Not for comparison shopping engine ShopWiki. The company has just closed a round of financing, is in the midst of redesigning its site, launching several international sites — and a new luxury vertical shopping portal. ShopWiki’s search engine utilizes powerful crawling and extraction technology to identify the widest selection of products online. Unlike other shopping comparison sites (like shopping.com and nextag.com) that depend on inbound data feeds to populate inventories, ShopWiki’s technology actively gathers and aggregates the most recent and highest-quality data to find more offers. While ShopWiki’s CEO, Rory Cumming, wouldn’t reveal the exact size [...] ... Source: www.centredaily.com --- 23 days ago
Pennsylvania's water and sewer systems were among the biggest winners in this year's budget process, as legislators are poised to approve $1.2 billion in borrowing to repair and improve them. ... Source: www.overheardintheoffice.com --- 13 days ago
Distracted CSR : Thank you for calling, my name is Aaron*, how can you help us today? Airport Road Scottsbluff, Nebraska Overheard by: snorting coffee Alsome | Thumbs up | Thumbs down | wtf? Link · Email · Quote this! · Del.icio.us · Posted 2008-07-11 ... Source: www.fiercebiotech.com --- 1 day ago
Seattle-based Cell Therapeutics got a much-needed financial shot in the arm just days after filing SEC papers that indicated CTI needed new money to continue operations. Cell Therapeutics announced that a single institutional investor--who was not named--has agreed to purchase $44.5 million worth of newly issued 18.33 percent convertible senior notes that are due 2011. The deal comes with a conversion price of $0.79 per share and a warrant to purchase approximately 28.2 million shares of common stock with an exercise price of $0.79 per share. The company says that $22.25 million will be funded this week and the remaining $22.25 million must be funded prior to August 25, 2008. Further funding could be arranged as well. In regulatory filings last week CTI said that "We have an immediate need to raise additional capital in the next thirty days in order to meet our operation needs." And its travails may not be over. In today's announcement CTI stated: "The Company continues to have a substantial amount of debt outstanding and the quarterly interest expense associated with the debt is significant; the Company's operating expenses continue to exceed its net revenues and the Company will continue to need to raise capital to fund its operating expenses." - read the release Related Articles: Cell Therapeutics running out of Cash Cell Therapeutics reorganizes, scales back R&D Cell Therapeutics inks deal to buy cancer drug developer Cell T ... Source: www.bicycleretailer.com --- 7 days ago
PORTSMOUTH, NH (BRAIN)�As of July 1, BaileyWorks is no longer solely owned by Jonathan Bailey. The 15-year-old messenger bag company recently got a Cash boost to aid future growth and new owners who will provide operational and accounting expertise. Bailey sold a minority stake in BaileyWorks Inc to husband and wife Gary and Toni Smith. Gary Smith is former president of The Timberland Company�s outdoor group and earlier this year became majority owner of Independent Fabrication, a custom frame company in Somerville, Massachusetts. He will help run operations, providing branding, distribution and manufacturing expertise. His wife Toni, former professor in sustainable business practices at the Bainbridge Graduate Institute, will become the company�s controller and handle accounting. Bailey�s wife, Emily, also has an ownership stake and handles the company�s marketing and communications. �We had been searching for a buyer and had turned an offer down and explored a couple of other things,� said Bailey, company president and head of design. �We were hitting growth problems of not having enough Cash flow and too many things on my plate. The human capital they bring is equal to if not greater than the flexibility the money gives us.� The Cash investment will allow BaileyWorks to design and introduce new products, revamp its ecommerce presence, expand its network of independent dealers and pursue European distribution. The premium messenger b ... Source: www.denverpost.com --- 3 hours ago
Frontier Airlines has secured $75 million in equity financing to help it reorganize under bankruptcy protection and is working with business partners to secure more funding. ... Source: www.bignewsnetwork.com --- 17 days ago
(JACKSON, Mississippi) - The U.S. Department of Housing and Urban Development has formally approved the State of Mississippi's "Ground Zero" action plan, which directs about $200 million of federa... ... Source: www.blackenterprise.com --- 5 days ago
AKA members flex buying power during centennial convention ... Source: online.indianagazette.com --- 22 days ago
HARRISBURG, Pa. (AP) — Pennsylvania's public water and sewer systems were among the biggest winners in this year's budget process,... ... Source: cumberlink.com --- 22 days ago
HARRISBURG, Pa. — Pennsylvania’s public water and sewer systems were among the biggest winners in this year’s budget process, as legislators are poised to approve $1.2 billion in borrowing to repair and improve them. ... Source: www.investmentnews.com --- 34 days ago
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Filed under: Household VOIP provider Vonage is doing a bit of reshuffling at the top, while putting the finishing touches on a $215 million Infusion of Cash from Silver Point Finance LLC. Dry enough? Perhaps, but we're sure Jeffery Citron, CEO and current interim chief executive of the recently embattled company will be pleased to get the helping hand. Citron is currently preparing for a swap of duties as well, taking a step back from the day-to-day -- which will probably provide a welcome respite from the flurry of legal hits the provider has taken. Enjoy your vacation, Jeff. Read | Permalink | Email this | Comments ...
Fresh off his recent duets with Willie Nelson, Snoop Dogg is continuing his country ways. The Man in Black's 1956 hit "I Walk the Line" will be redrawn by the rapper, Teddy... ...