Blockbuster reduces credit line to Viacom
Movie and entertainment company Blockbuster Inc. said Wednesday it has reduced the amount of outstanding credit help in support of its former parent company, Viacom Inc., by $50 million. (BBI) feeds.bizjournals.com |
1st United plans $58 million offering
1st United Bancorp has filed plans to issue additional shares of common stock to raise up to $57.5 million. feeds.bizjournals.com |
Richemont (at FT.com)
Cometh the recession, cometh the man. Johann Rupert, chairman and majority shareholder of Richemont, has a habit of rolling up his sleeves and mucking in when the going gets tough. The last time he took over as chief executive was in 2003, when sales of luxury goods faded with the Sars outbreak in Asia. us.rd.yahoo.com |
[$$] The Perils of an Edifice Complex (at Barrons.com)
The Perils of an Edifice Complex By Alan Abelson Dubai makes the market quake. The Fed admits you can inflate a bubble. us.rd.yahoo.com |
Charles Schwab shares rise on analyst outlook (AP)
Shares of Charles Schwab Corp. rose on Wednesday after a Deutsche Bank Securities analyst upgraded the retail brokerage's stock and another analyst initiated coverage with a favorable rating. us.rd.yahoo.com |