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Canada: Railway Acquisition Approved - New York Times

Google News - Business @ September 30, 2008 # No Comment Yet

Canada: Railway Acquisition Approved
New York Times - 2 hours ago
By REUTERS Regulators in the United States gave the Canadian Pacific Railway approval to take control of the Dakota, Minnesota and Eastern Railroad Corporation, possibly bringing a third railroad to lucrative coal fields in the western United States.
Canadian Pacific welcomes STB approval FOXBusiness


UPDATE 1-Regulators approve CP Rail purchase of DM&E Reuters
Mankato Free Press - Newsday - MarketWatch - Chicago Tribune
all 140 news articles

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Abertis: Bid Pullout Due To Legislative Gridlock,Market Turmoil - CNNMoney.com

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Abertis: Bid Pullout Due To Legislative Gridlock,Market Turmoil
CNNMoney.com - 2 hours ago
MADRID -(Dow Jones)- Abertis Infraestructuras SA (ABE.MC) confirmed Wednesday that its decision to withdraw its $12.8 billion bid for the Pennsylvania Turnpike was due to legislative gridlock and financial turmoil.
Abertis Lets Bid Expire for Pennsylvania Turnpike Wall Street Journal


Abertis, Citi Pull Offer for Pennsylvania Turnpike (Update1) Bloomberg
MarketWatch - Philadelphia Inquirer - Reuters - Bizjournals.com
all 66 news articles

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Moody's downgrades Sovereign Bancorp to 'Baa2' from 'Baa1' - MarketWatch

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CNBC
Moody's downgrades Sovereign Bancorp to 'Baa2' from 'Baa1'
MarketWatch - 2 hours ago
By Sue Chang , , ) to Baa2 from Baa1 and its lead thrift Sovereign Bank to Baa1 from A3. All ratings have been placed under review for possible further downgrade.
Sovereign Names New CEO Washington Post


US regional banks confront altered landscape Financial Times
Wall Street Journal - Bloomberg - Philadelphia Inquirer - Forbes
all 151 news articles

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THE ABERTIS-LED CONSORTIUM DOES NOT EXTEND ITS BID FOR THE … - MarketWatch

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THE ABERTIS-LED CONSORTIUM DOES NOT EXTEND ITS BID FOR THE …
MarketWatch - 49 minutes ago
BARCELONA, SPAIN, Oct 01, 2008 (MARKET WIRE via COMTEX) — - The offer made by the consortium Pennsylvania Transportation Partners was announced the winner in May, and has since been extended twice.
Abertis Lets Bid Expire for Pennsylvania Turnpike Wall Street Journal


Abertis, Citi Pull Offer for Pennsylvania Turnpike (Update1) Bloomberg
Reuters - Financial Times - Bizjournals.com - Evening Bulletin
all 58 news articles

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Sovereign Names New CEO - Washington Post

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CNBC
Sovereign Names New CEO
Washington Post - 1 hour ago
Shares of Sovereign Bancorp more than doubled as the bank named former Chittenden top executive Paul A. Perrault to replace Joseph P. Campanelli as chief executive, effective Jan. 3. As part of the shift, Sovereign's chief financial officer — and …
US regional banks confront altered landscape Financial Times


Former Sovereign Exec May Get Third Golden Parachute In Three Years Evening Bulletin
Forbes - Bloomberg - Boston Herald - Bizjournals.com
all 106 news articles

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NASDAQ Errors Make the Technology Market Situation Even More Scary - Profy

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CNET News
NASDAQ Errors Make the Technology Market Situation Even More Scary
Profy - 1 hour ago
Earlier today things got absolutely crazy with Google stock traded on NASDAQ. Throughout the day the price was quite strong and even gaining after Monday’s drop and suddenly 5 minutes before the closure it first jumped from $413 to $470 and then fell …
Tech stocks lose safe harbor status, slip in 3Q The Associated Press


Some Google, Rohm & Haas Trades Canceled, Nasdaq Says (Update2) Bloomberg
MarketWatch - Times of India - Wired News - CNET News
all 278 news articles

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UBS seen announcing 1900 new job cuts-Bloomberg - Reuters

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Interactive Investor
UBS seen announcing 1900 new job cuts-Bloomberg
Reuters - 1 hour ago
ZURICH, Oct 1 (Reuters) - Swiss bank UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz) may announce plans to cut another 1900 jobs in its investment banking, equities and fixed income units at its Oct. 2 shareholder meeting, Bloomberg said on …
UBS May Cut Investment Bank Jobs: Report TheStreet.com


UBS to Cut 1900 Investment Bank, Equities, Fixed Income Jobs Bloomberg
The Standard - RTT News - CNN - The Daily Deal (subscription)
all 26 news articles

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Increase sought in deposit coverage - Houston Chronicle

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Boston Globe
Increase sought in deposit coverage
Houston Chronicle - 29 minutes ago
By DAWN KOPECKI Bloomberg News Federal Deposit Insurance Corp. Chairman Sheila Bair is seeking authority to temporarily raise deposit insurance limits from $100000, giving banks liquidity amid a "crisis of confidence" in the banking industry.
Mandel: Expand FDIC Coverage, Now BusinessWeek


Candidates Back FDIC Shift Wall Street Journal
New York Times - CNNMoney.com - Bloomberg - Reuters
all 789 news articles

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Reliant to cut retail service - Houston Chronicle

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Reliant to cut retail service
Houston Chronicle - 1 hour ago
By TOM FOWLER Copyright 2008 Houston Chronicle Reliant Energy will reduce the size of its Texas retail electric business by changing how it manages risk and reducing the number of business customers it serves as it contends with the ongoing credit …
Reliant Energy plunges on outlook cut CNNMoney.com


Reliant Energy extends selloff after raising capital Reuters
Wall Street Journal - Forbes - Yahoo - StreetInsider.com (subscription)
all 31 news articles

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Bailouts Bring Belgium Together–Temporarily - Forbes

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Ninemsn
Bailouts Bring Belgium Together–Temporarily
Forbes - 40 minutes ago
LONDON - Belgium is a country divided into French and Dutch halves, and led by a fragile five-party coalition and a prime minister so embattled that he tried to quit only four months into the job.
Europe Moves to Calm the Ripple Effect of Banking Crisis New York Times


Belgium, France Lead EU6.4 Billion Rescue of Dexia (Update2) Bloomberg
MarketWatch - CNNMoney.com - BusinessWeek - Wall Street Journal
all 529 news articles

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