business - "announced"

It's looking like Lehman Brothers may not be able to count on the federal government for any help in its hour of need and that has all of Wall Street shaking. Shares of Lehman sunk deeper into penny stock territory on Friday, as the beleaguered firm races to find another bank to buy it in a bid to stave-off an imminent collapse of the historic 158-year-old firm.In early Friday trading, Lehman's stock fell 10% to $3.80, continuing a downward death spiral that began Sept. 8. Now that Wall Street has concluded Lehman CEO Dick Fuld won't be able to pull-off his previously announced plan for shoring-up the investment firm's balance sheet, it's pretty much become a race against time for Fuld to find a buyer-at any price-for the firm. The speculation on Wall Street is that Bank of America, Barclays and consortium of private equity firms are the most interested suitors.But it's not clear if any of those potential buyers will want to do a deal with Fuld, as long as the acquirer must also ta

LOS ANGELES, CA (MARKET WIRE) EagleRider, the world's largest motorcycle rental company, today announces it will add the all-new Laguna Seca MotoGP 2009 guided tour to its existing line up of world famous guided tours.

Columbus, Ohio--based Huntington Bancshares Inc. recently announced the appointment of Pete Dunlap as president of Huntington Insurance. In this role Dunlap is responsible for the oversight and strate

After announcing earlier this week that it expects to report record losses, Lehman Brothers is up for sale. The Federal Reserve and the Treasury Department are helping the investment bank talk to potential suitors, including Bank of America.

LONDON----ACE Europe , has announced the appointment of Andrew Morris as UK Regional Construction Underwriter.

After announcing earlier this week that it expects to report record losses, Lehman Brothers is up for sale. The Federal Reserve and the Treasury Department are helping the investment company talk to potential suitors, including Bank of America.

Bermuda-based PartnerRe Ltd. announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are currently expected to be between $25 and $45 million on a pre-tax basis,

DiaTri, LLC has recently contracted with the National Labor Alliance of Health Care Coalitions to provide Diagnostic Benefit Management services for its 20 member purchasing coalitions which represents over six ...

Eizo Nanao Corp announced the "Eizo FlexScan EV2411W-H" 24.1-inch LCD monitor that uses white LEDs as its backlight source. This is the first time that Nanao has released a white LED-ba...

Swedish car company Volvo has announced it would layoff 900 workers, three months after it trimmed its workforce by 1,700.