By Sinead Cruise LONDON (Reuters UK) - The stricken quoted property sector faces up to a year more of market turbulence as it waits to see how occupiers grapple with poorer economic conditions, Land Securities LAND said on Wednesday. The sector's largest constituent provided little hope...
By Daisuke Wakabayashi LOS ANGELES (Reuters) - Microsoft Corp MSFT posted a quarterly profit and outlook below Wall Street expectations on Thursday, citing "tough" economic conditions, and its shares fell 6 percent. The software maker, which is locked in an on-again, ...
By Daisuke Wakabayashi LOS ANGELES (Reuters UK) - Microsoft Corp MSFT posted a quarterly profit and outlook below Wall Street expectations on Thursday, citing "tough" economic conditions, and its shares fell 6 percent. The software maker, which is locked in an on-again, off-again pursuit of...
Flexibility, cost control and increased employee retention are just some of the many attributes a corporate campus can deliver, regardless of economic conditions. Many real estate strategists and planners consider it to be the word that best describes the concept of corporate campuses. In a discussion on campuses, it also...
Private Equity Fund Uses Capital and Creativity to Transform Communities RALEIGH, N.C. -- Cherokee, a private equity firm specializing in brownfield cleanup and sustainable redevelopment, released its annual Sustainability Report. The fifth of its kind, the report summarizes Cherokee's sustainability programs and investments that are at work to...
STAMFORD, Conn. -- The Student Loan Corporation SLC, a subsidiary of Citibank, N.A., announced today a restructuring in various functional areas. This action demonstrates an ongoing strategic focus and decisiveness in managing the franchise through severe market and economic conditions as well as federal policy changes. In order to reduce...
LOS ANGELES -- AMERICAN BUSINESS BANK Bank (OTCBB:AMBZ) today reported net income of $1,317,000 for the second quarter 2008, a 5% decrease from the $1,389,000 earned in the second quarter of 2007 but 19% higher than the results reported for the first quarter this year. Earnings per share EPS in...
NEW HAVEN, Conn. -- The United Illuminating Company UI, a subsidiary of UIL Holdings Corporation (NYSE:UIL), today filed a notice of intent with the Connecticut Department of Public Utility Control DPUC, requesting an increase to its electricity distribution rate. If approved by the DPUC, electric bills of residential customers using...
COEUR D'ALENE, Idaho, July 8 /PRNewswire-FirstCall/ -- NightHawk Radiology Holdings, Inc. , the leading provider of radiology solutions to radiology groups and hospitals throughout the United States, today announced that its Board of Directors has authorized up to $10 million of share repurchases of its common stock. Under the...
DELRAY BEACH, Fla. -- Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, announced today that it continued to be negatively impacted by the challenging economic environment in the second quarter of 2008. As a result of additional pressure from weakening business conditions in...
Texas Builders Insurance Company has earned aFinancial Stability Rating® FSR of A' A Prime, Unsurpassed, fromDemotech, Inc. This level of FSR is assigned to insurers who possessunsurpassed financial stability related to maintaining positive surplus asregards policyholders, liquidity of invested assets, an acceptable level offinancial leverage, reasonable loss and loss...
LAKE FOREST, Ill., July 8 /PRNewswire-FirstCall/ -- Brunswick Corporation commented today on the announcement by Standard & Poor's Rating Services (S&P) that it had lowered its corporate credit rating on Brunswick from BBB- to BB+. Brunswick issued the following statement: ...
CHICAGO -- Financial flexibility and liquidity for the U.S. telecommunications sector generally remains solid despite general weakness in the credit and economic markets, according to Fitch Ratings. Fitch reviewed 20 rated entities in the U.S. telecommunications sector with an Issuer Default Rating IDR between 'BBB+' and 'CCC'. Fitch's...
LULAC adds NHBIC's Bilingual Business Resources to Web Site WASHINGTON, July 8 /PRNewswire/ -- Finding bilingual information on starting and running a business just got easier thanks to a new partnership between the League of United Latin American Citizens and the National Hispanic Business Information Clearinghouse. ...
Designed for installation into plastics in medical applications, Model 303 IMH press-in stainless steel orifice ensures that every part is within [+ or -]5% of its nominal flow rate. Entrance and exit conditions of miniature flow restrictor are closely controlled. Measuring 2.5 mm, orifice features barbed design that provides press-in...
NEW HAVEN, Conn. -- The Connecticut Department of Utility Control today issued a press release to deny a request by The United Illuminating Company, a subsidiary of UIL Holdings Corporation (NYSE: UIL), to appoint a prosecutorial staff to participate in settlement discovery. Unfortunately, the DPUC press release was entitled, "DPUC...
New Milestones Set as Main Event Hits Full Stride LAS VEGAS, July 7 /PRNewswire/ -- The 39th annual World Series of Poker WSOP presented by Milwaukee's Best Light, drawing on its unprecedented international appeal, has proved largely impervious to the challenging economic conditions plaguing the broader U.S....
ALBUQUERQUE, N.M. -- In response to current economic conditions and factors affecting the banking industry that are placing a premium on capital levels, First State Bancorporation First State (NASDAQ: FSNM) will close its Utah operations. The Utah operations were acquired as part of the First Community Industrial Bank...
IMA's 2007 Salary Survey shows a 6.9 percent increase over last year and an average difference of 25 percent between certified and noncertified professionals MONTVALE, N.J. -- For the first time in history, the average salary of members participating in the Institute of Management Accountants (IMA([R])) 19th Annual...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/d3503f/credit_card_custom) has announced the addition of Javelin Strategy & Research's new report "Credit Card Customer Satisfaction: Effective Acquisition and Retention Strategy Must Focus on Multiple Facets of the Relationship" to their offering. The card issuing industry is becoming increasingly competitive and commoditized,...
