Ford's adopts tax preservation plan to protect $19B in future taxable incomeSeptember 11th, 2009 Ford announces plan to preserve tax assetsDEARBORN, Mich. — Ford Motor Co.
Beazer Homes prices 12 percent senior notes due 2017 at 89.5 percent of the principal amountSeptember 3rd, 2009 Beazer Homes prices senior notes at a discountATLANTA — Beazer Homes USA Inc. on Thursday said its private offering of senior secured notes was priced equal to 89.5 percent of the $250 million aggregate principal amount of the notes.
Bed maker Select Comfort shareholder vote in disputeSeptember 1st, 2009 Select Comfort shareholder vote to be reviewedMINNEAPOLIS — Bed maker Select Comfort Corp. on Tuesday said a recent shareholder vote to decide on a major outside investment in the company will be reviewed.
Select Comfort shareholder vote to be reviewedSeptember 1st, 2009 Bed maker Select Comfort vote in disputeMINNEAPOLIS — Bed maker Select Comfort Corp. on Tuesday said a recent shareholder vote to decide on a major outside investment in the company will be reviewed.
Troubled lender CIT Group adopts tax-benefit plan, enters agreement with NY FedAugust 13th, 2009 CIT Group adopts tax plan, signs deal with NY FedNEW YORK — CIT Group Inc. and the Federal Reserve announced Thursday an agreement which gives the central bank greater oversight of the troubled commercial lender.
Fannie Mae, AIG, Crocs, Leap Wireless, CBS, Beazer are among big market movers FridayAugust 7th, 2009 Fannie Mae, AIG, Crocs, Leap Wireless big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Fannie Mae, down 13 cents at 66 cents
The government-sponsored mortgage finance company posted another huge quarterly loss and said it will tap $11 billion in new federal aid. Colonial BancGroup Inc., down 21 cents at 49 cents
The bank is under criminal investigation by the government over alleged accounting irregularities at its mortgage warehouse lending unit.
Homebuilder Beazer Homes' third-quarter loss narrows to $27.9 million, revenue tumblesAugust 6th, 2009 Beazer Homes sharply narrows its 3Q lossBeazer Homes USA Inc. said Thursday it cut its fiscal third-quarter loss sharply, largely because of a gain from a reduction in its debt load, and the homebuilder noted new home order trends showed signs of improvement.
A look at details of health care bill passed by the Senate health committeeJuly 16th, 2009 A look at the Senate health committee billA look at the Senate Health, Education, Labor and Pensions Committee:
WHO'S COVERED: Aims to cover 97 percent of Americans. COST: About $615 billion over 10 years, but it's only one piece of a larger Senate bill.
Metabolix board adopts shareholder rights plan aimed at guarding company from hostile takeoverJuly 7th, 2009 Metabolix adopts shareholder rights planCAMBRIDGE, Mass. — Bioscience company Metabolix Inc.
Federal prosecutors in file criminal fraud conspiracy charges against Beazer HomesJuly 1st, 2009 Criminal charges filed against Beazer HomesATLANTA — Federal prosecutors in North Carolina have filed criminal fraud conspiracy charges against Beazer Homes USA. The Atlanta-based homebuilder has been under scrutiny for certain business and financial practices.
SEC charges former Beazer Homes chief accounting officer with fraudJuly 1st, 2009 SEC accuses former Beazer Homes official of fraudATLANTA — The Securities and Exchange Commission charges the former chief accounting officer at Beazer Homes USA with committing fraud and misleading company auditors. The SEC says in a complaint filed in federal court in Atlanta that Michael T.
Lloyds Banking Group to cut 1,750 more jobs over next 3 yearsJune 30th, 2009 Lloyds Banking Group cutting 1,750 more jobsLONDON — Lloyds Banking Group PLC said Tuesday it expects to cut 1,750 jobs in its group operations and wholesale divisions over the next three years as it consolidates the merger of Lloyds TSB and Halifax/Bank of Scotland. The partly nationalized bank said 2,100 posts would be cut, but that would be partly offset by creating 350 new roles in the two divisions.
Lloyds Banking Group cutting 18,00 more jobs over next 3 yearsJune 30th, 2009 Lloyds Banking Group cutting 1,800 more jobsLONDON — Lloyds Banking Group PLC said Tuesday that it expects to cut nearly 1,800 jobs in its group operations and wholesale divisions over the next three years as it consolidates the merger of Lloyds TSB and Halifax/Bank of Scotland. The partly nationalized bank said 2,100 posts would be affected, but that would be partly offset by creating 350 new roles in the two divisions.
House panel would deny immigration benefits to Guantanamo detaineesJune 12th, 2009 House panel would deny benefits to detaineesWASHINGTON — A key House panel has voted to deny immigration benefits to Guantanamo Bay detainees who might be released into the U.S. after being brought in for trial.
GM, Whirlpool, Beazer Homes, Qualcomm, Us Airways are big market movers MondayApril 27th, 2009 GM, Whirlpool, Beazer Homes, Qualcomm big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., up 35 cents at $2.04
The automaker laid out a massive restructuring plan that includes an offer to swap roughly $27 billion in bond debt for GM stock. Whirlpool Inc., up $2.96 at $43.69
The appliance maker said its first-quarter profit dropped on slumping sales, softening consumer demand and the stronger dollar.
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