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Sun blames Brussels as 3,000 jobs are axed Sun Microsystems announced plans to slash 3,000 jobs in the next year, blaming the delay on getting European Commission clearance for its agreed $7bn acquisition by Oracle FTObama to unveil fresh help for small businesses Barack Obama is expected to announce a package of new measures to boost credit to small businesses still facing a squeeze in spite of the improvement in financial markets FTNASDAQ OMX Announces September 2009 Market Performance Statistics for U.S. Exchangesshareholder.com Generac Holdings Inc. Files Registration Statement for Initial Public Offering of Common Stock WAUKESHA, Wis.--(BUSINESS WIRE)--Generac Holdings Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. J.P. Morgan Securities Inc. and Goldman, Sachs & Co. will be joint book running managers of the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. Business WireIBERIABANK Corporation Reports Record Quarterly Results LAFAYETTE, La., Oct. 20 /PRNewswire-FirstCall/ -- IBERIABANK Corporation (Nasdaq: IBKC), holding company of the 122-year-old IBERIABANK (www.iberiabank.com) and IBERIABANK fsb (www.IBERIABANKfsb.com), announced income available to common shareholders of $25 million for the quarter ended September 30, 2009, an increase of 194% compared to the second quarter of 2009 ('linked quarter basis'). Fully diluted earnings per share ('EPS') were $1.22 in the third quarter of 2009, an increase of 135% on a linked quarter basis. The third quarter 2009 results were influenced by a few significant items as described below. prnewswire.comNYC VC Roundup: TechAviv Angels Launches; RRE Offers Office Hours Here’s the latest NYC venture capital news: TechAviv Angels Launch TechAviv founder Yaron Samid has announced the launch of a new angel investing group named TechAviv Angels. Several popular NYC startup founders are part of the group including Ron Yekutiel from Kaltura and Yaron Galai from Outbrain. It looks like about 15 entrepreneurs make up the TechAviv Angels [...] CenterNetworksInfiniti Confirms Plan for a Zero Emissions Vehicle FRANKLIN, Tenn., Oct. 20 /PRNewswire/ -- Mr. Carlos Ghosn, President and CEO, Nissan Motor Co. Ltd., announced at the 41st Tokyo Motor Show that Infiniti plans to introduce an electric vehicle - one that will be true to the Infiniti brand's promise of 'Inspired Performance.' prnewswire.comBank Customers Victimized by Alleged Abusive Bank Overdraft Fees Strike Back Marking a substantial step forward in litigation over the banking industry's abusive and excessive overdraft fee policies and practices, plaintiffs' counsel announced that bank customers have filed a series of nationwide class action lawsuits against Bank of America, Wachovia, U.S. Bank, JPMorgan Chase and Citibank. The complaints were filed in ... Insurance HeadlinesKellner, Mellowes to lead 2010 UPAF campaign The United Performing Arts Fund (UPAF) today announced that Ted Kellner, chairman and chief executive officer of Fiduciary Management Inc., will join with community volunteer Linda Mellowes to co-chair the 2010 United Performing Arts Fund campaign. Biz JournalSuccessFactors Prices Public Offering SAN MATEO, Calif., Oct. 20 /PRNewswire-FirstCall/ -- Today, SuccessFactors, Inc. (Nasdaq: SFSF) announced the pricing of its public offering of 12,000,000 shares of its common stock at $15.50 per share. The offering is expected to close on October 26, 2009. The underwriters have been granted an option to purchase up to an additional 1,800,000 shares of common stock from SuccessFactors. prnewswire.com1 2 3 4 5 |
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