Company Activities and Information

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Halliburton: Pemex reductions to hurt 4Q profit

AP News 2 days ago

Halliburton says Mexican customer reduces activity; 4Q profit to be lower by 2 cents a share Halliburton Co., which provides services for the energy industry, said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos — Pemex — will drag down ...

Earnings roundup: Brown Shoe, Coldwater Creek

AP News 2 days ago

Earnings roundup: Brown Shoe posts higher 3Q profit, Coldwater Creek loss widens in 3Q Among the earnings stories for Tuesday, Nov. 24, from AP Financial News: ST. LOUIS (AP) — Brown Shoe Co. reported a higher third-quarter profit, citing cost controls and ...

Kansas banks report net loss in third quarter

AP News 2 days ago

Kansas banks report net loss in third quarter, thrifts show slight increase in profits Kansas commercial banks posted a net loss for the third quarter as the recession and bad loans continued to punish the state's lenders. The state's savings and loans, ...

Brown Shoe has 3Q profit, Famous Footwear helps

AP News 2 days ago

Brown Shoe posts 3Q profit, sales at Famous Footwear stores open more than 1 year rise Brown Shoe Co. reported a higher third-quarter profit on Tuesday, citing cost controls and rising sales at its Famous Footwear locations open more than one year. ...

Koenigsegg gives up bid for Saab

AFP Global Edition 2 days ago

Swedish luxury carmaker Koenigsegg said Tuesday it was giving up its bid to acquire Saab Automobile from its US parent company General Motors, saying costly delays made the deal too uncertain. The announcement plunged Saab's future into doubt. "We regret that after ...

N.Y. governor seeks one-time authority to balance budget

Reuters US Online Report Politics News 2 days ago

NEW YORK (Reuters) - New York Governor David Paterson on Tuesday submitted emergency legislation that would grant him the one-time authority to balance the state budget without approval from the legislature. Paterson, frustrated by a seven-week standoff with lawmakers on measures to ...

Majestic Star casino company files for Chapter 11

AP News 2 days ago

Majestic Star, owner of casinos in Ind., Colo. and Miss., seeks bankruptcy protection Majestic Star Casino LLC is seeking bankruptcy protection after defaulting on debt obligations involving casinos and hotels in Indiana, Colorado and Mississippi. The Las Vegas-based company made its Chapter ...

Moody's upgrades Rent-A-Center debt

AP News 2 days ago

Moody's upgrades Rent-A-Center corporate family debt rating within junk territory Moody's Investors Service on Tuesday upgraded its corporate family debt rating on Rent-a-Center Inc. by one notch within junk territory, now that Rent-a-Center has paid down about $300 million in senior unsecured ...

GE Capital appoints new CEO for Asia

AP News 2 days ago

Finance business of GE appoints new CEO for Asia, Pacific region GE Capital, the financial business of General Electric Co., announced Tuesday the appointment of a new president and CEO of GE Capital's business operations in Asia Pacific. Steve Sargent will oversee ...

Moody's upgrades outlook for Ashland

AP News 2 days ago

Moody's upgrades Ashland outlook to "Stable" on strong liquidity Chemical maker Ashland Inc. is poised to generate positive free cash flow and maintain strong liquidity in 2010, a ratings analyst said as he upgraded the company's outlook and affirmed its debt ratings. ...

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