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Bank of America lost money in U.S. in Q2
Bank of America Corp on Friday revealed that its U.S. operations lost money in the second quarter as the quality of consumer and commercial loans deteriorated.
IB Times Saturday, August 08, 2009

New bidder emerges for Boston Globe - source
A new bidder has emerged to buy the 137-year-old Boston Globe from New York Times Co, a person familiar with the matter said on Friday.
IB Times Saturday, August 08, 2009

Braskem to delay $4.5 billion Venezuela venture: report
Braskem, Latin America's largest petrochemical company, plans to delay by as much as two years of investments worth $4.5 billion in Venezuela, the Valor Economico newspaper said, citing the company's vice president of international operations.
IB Times Saturday, August 08, 2009

EU missed evidence in Intel antitrust case-source
A European Union official will tell antitrust regulators they failed to consider "potentially exculpatory" evidence in a ruling against chip maker Intel Corp, according to a source who had seen a confidential report.
IB Times Saturday, August 08, 2009

Regulators close Prineville bank
Regulators closed Community First Bank of Prineville late Friday, making it the third Oregon bank to fail since the start of the year.
Biz Journal Saturday, August 08, 2009

MTS Medication going private in $37.2 million buyout
MTS Medication Technologies Inc. has a definitive agreement to be acquired for $5.75 a share in cash by an affiliate of Excellere Partners LLC, a private equity firm. (MTSI)
Biz Journal Saturday, August 08, 2009

First State, Community Bank of Sarasota County fail
Regulators closed First State Bank and Community National Bank of Sarasota County late Friday. (FSTF)
Biz Journal Saturday, August 08, 2009


Archived industry news stories.

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