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Li Buyout Group Proposes Raising PCCW Offer Faced with a likely shareholder rejection of its $2 billion effort to take Hong Kong's PCCW private, a buyout group led by Chairman Richard Li proposed raising its offer by 7.1%. Wall Street JournalIMF Backs Obama Stimulus Plan The IMF's top economist endorsed Obama's approach to economic stimulus and urged countries to consider offering a kind of 'recession insurance.' Wall Street JournalPension threat to HBOS deal Trustees of the HBOS pension scheme are considering asking a judge to set aside the bank's proposed acquisition by Lloyds TSB until 'appropriate arrangements' are made to guarantee that the merged banking group will stand behind the fund, which has an estimated shortfall of £3bn-£5bn TelegraphMoney may be root of evil, but regrettably we are stuck with it So money is the root of all evil, is it? A group of Anglican bishops has attacked the Government for the "scandal" of trying to borrow its way out of recession and of "morally corrupt policies" in enc... TelegraphSun Healthcare Group, Inc.: Sun Healthcare Group, Inc. to Present at the J.P. Morgan Healthcare Conference IRVINE, CA (MARKET WIRE) Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced that Richard K. Matros, the company's chairman and chief executive officer, and L. Bryan Shaul, the company's chief financial officer, will present at the J.P. Morgan Healthcare Conference on Monday, Jan. 12, 2009, at 4:30 p.m. Pacific time (7:30 p.m. Eastern). The conference is being held at the Westin St. Francis Hotel in San Francisco, California. Marketwire.comAvalon Park back in town with new residential venture More than a year after it dropped plans for a massive, mixed-use development in Leander, Avalon Park Group Management Inc. of Orlando, Fla. is re-entering the Austin market, this time on a smaller scale. BizJournalsAIG bailout: $127.7B and counting To help troubled insurer American International Group stabilize its finances, the Federal Reserve and Treasury have offered AIG a sizeable lifeline to be paid back over the next five years - and to date, the company has borrowed almost all of it. CNNIndyMac set for new owners (at CNNMoney.com) The agency reportedly plans to unload IndyMac to group of private equity and hedge fund firms. Questions remain as to whether its aggressive loan modification plan will continue. cnn.comAdvisers called in as sales fall at Globe pubs Globe Pub Company, the pub operator owned by property entrepreneur Robert Tchenguiz, is to call in financial advisers to look at 'operational issues' within the group after another quarter of poor trading left it within inches of breaching its debt covenants FT.comLetters: Excellent analysis Soft targets (Dec 26) is an excellent analysis of the factors that motivate people to join radical groups. Business Standard1 2 3 4 5 |
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