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Details emerge in Huntsman ruling
DOVER, Del. -- A Delaware judge ruled that the agreement to buy Huntsman Corp. should go on even though "substantial obstacles" exist for the buyer, according to details from the late Monday ruling. Vice Chancellor Stephen Lamb ordered Hexion, an affiliate of private equity firm Apollo Management...
Articles 2008-10-01
See who's 'swimming naked' in tide
Next June, "I'll have been in this business 50 years. I've seen presidents shot, I've seen wars, I've seen downturns and recessions ... but this is something I can't quite get my mind around." Not exactly what you want to hear from a stockbroker, is it? ...
Articles 2008-10-01
Plastics as business, plastics as technology: new programs add value to NPE2009
The Society of the Plastics Industry, Inc., SPI continues to increase the value of attending next year's NPE2009 exposition by developing innovative presentations and events. SPI has announced two new programs: an educational program that will complement SPE's ANTEC[TM] 2009 (which will be co-located with NPE2009) and a multi-exhibitor pavilion....
Articles 2008-10-01
In Memoriam: Joseph Magliolo, Jr
SPE mourns the passing of Joseph Magliolo, Jr., President of the Society in 1979-1980. He began his years of service as a Councilor representing the South Texas Section in 1969, one year after becoming a member. Before his presidency; he was membership chair, a member of the Finance and Executive...
Articles 2008-10-01
Desiree Rogers
[ILLUSTRATION OMITTED] Some people were born to be in charge. Desiree Rogers, a few months into her new job with Allstate Financial, is one of them. She is president of social networking at the financial division of Allstate Insurance, responsible for creating a system where regular people can...
Articles 2008-10-01
Oliver Stone: the director's surprising new biopic of America's outgoing president provides a searing look into the psyches of not one but two polarizing, complicated men: George W. Bush and Oliver Stone
[ILLUSTRATIONS OMITTED] For many years, Oliver Stone tried to make a movie of The Fountainhead, Ayn Rand's epic novel about the arrogant ur-capitalist and architect Howard Roark. Stone's version would have reinvented Roark as a visionary designer of public buildings--maybe a guy like Fidel Castro or Hugo Chavez,...
Articles 2008-10-01
PERNOD RICARD : Availability of preparatory documents for the Annual General Meeting of 5 November 2008
Press release The Annual General Meeting of Pernod Ricard's shareholders will be held onWednesday 5 November 2008 at 2 pm at Théâtre Mogador - 25, rue de Mogador -75009 Paris, France. The notice of meeting, valid as notification (subject to no changes beingbrought to the agenda following requests by shareholders...
Articles 2008-10-01
THE ABERTIS-LED CONSORTIUM DOES NOT EXTEND ITS BID FOR THE PENNSYLVANIA TURNPIKE
- The offer made by the consortiumPennsylvania Transportation Partners was announced the winner in May, andhas since been extended twice. - The decision was based on the timetable and situation of the legislaturein the state of Pennsylvania that should grant the turnpike's concession,the financial uncertainties and the opportunities offered by...
Articles 2008-10-01
Landsbanki Divest European Investment Banking Platform for EUR 380m
On 30 September 2008, Landsbanki signed an agreement with StraumurInvestment bank to divest Landsbanki's corporate finance andsecurities brokerage platform in Europe. The consideration of EUR380m (ISK 55.4bn) will result in no material loss or gain forLandsbanki. The sale includes Landsbanki Securities UK Ltd in theUK, Landsbanki Kepler SA in...
Articles 2008-10-01
AL GORE WANTS "CONTROLLING LEGAL AUTHORITY"—OVER YOU - Albert Gore, Jr., has declared his support for campaign finance reform and his inte
The man who could find "no controlling legal authority" governing his own shameful and possibly illegal conduct during the 1996 presidential campaign is ready to assert plenty of "controlling legal authority" over your lawful exercise of your First Amendment rights. Al Gore...
Articles 2008-10-01
Prepare teens for life
I believe that two subjects should be required in high school: family living and personal finance. I think we are letting our students down by not preparing them for the actual day-to-day facts of living. Everyone -- married or not -- belongs to a family, and our...
Articles 2008-10-01
Incidence of the property tax on commercialcreal estate:ptheccase of downtown Chicago
INTRODUCTION The incidence of the local property tax on nonresidentialcreal estate ispan important empirical issue in local public finance. The conve The only direct empirical tests of thecconventional view wereccondu Inctbis study, the focus is on office buildingsplocated in downtown The findingpin this paper...
Articles 2008-10-01
Household savings fall as credit crunch bites
BRITISH HOUSEHOLDS have been forced to rely on their savings to maintain their standard of living. The squeeze on incomes as a result of higher inflation and the effects of the credit crunch was confirmed yesterday by the Office for National Statistics, which reported that savings levels...
Articles 2008-10-01
Tesco makes banking move to capitaliseon credit crisis
Grocery giant plans to offer mortgages and current accounts Tesco has said the banking crisis has helped pave the way for it to launch mortgages and current accounts, as it posted underlying pre-tax profits up by 10.3 per cent to 1.45bn for the six months to...
Articles 2008-10-01
Steps Outlined for Zimbabwe's Recovery
The Centre for International Governance Innovation CIGI released two papers today outlining steps needed for Zimbabwe and the international community to get the country back on the road to national recovery and sustainable development. Zimbabwe in Crisis: Mugabe's Policies and Failures argues that despite having become an economic and social...
Articles 2008-10-01
El Paso Pipeline Partners Completes Acquisition of Additional Interests in Assets From El Paso Corporation
El Paso Pipeline Partners, L.P. (NYSE: EPB)announced today it has completed the previously announced acquisition of anadditional 30-percent interest in Colorado Interstate Gas Company CIG andan additional 15-percent interest in Southern Natural Gas Company SNGfrom El Paso Corporation (NYSE: EP) for $736 million. El Paso PipelinePartners now owns a...
Articles 2008-10-01
Arianne Completes a $299,000 Financing
The management of Arianne Resources Inc. (TSX VENTURE: DAR)(FRANKFURT: JE9)(OTCBB: DARUF)("Arianne") is pleased to announce the completion of a non-brokered flow-through financing for an amount of $299,000. Arianne will issue a total of 3,844,285 flow-through shares and 427,143 common shares at a price of $0.07 per share and 2,135,714 warrants,...
Articles 2008-10-01
Valcent Purchases Remaining 50% Of Vertigro Algae Technologies LLC
Valcent Products Inc. ("Valcent") (OTCBB: VCTPF)(CUSIP: 918881103) has reached agreement with Global Green Solutions Inc. ("Global Green") to purchase the remaining 50% interest in Vertigro Algae Technologies LLC ("VAT") for US$5 million and 5 million common shares of Valcent. The transaction is to be completed within 60 days subject to...
Articles 2008-10-01
Luxury Institute Survey: Wealthy U.S. Consumers Rate the Most Prestigious Business and Finance Publications: Wall Street Journal, the Economist and Morningstar
For the fourth year running, high net-worthconsumers rated The Wall Street Journal the most prestigious business andfinancial publication brand in the 2009 Luxury Brand Status Index LBSIsurvey from the independent New York City-based Luxury Institute( www.LuxuryInstitute.com ). Respondents who would recommend the Journal say,"It is the authoritative source of business...
Articles 2008-10-01
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