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Aid coming from foreclosure-abuse deal

2012-02-11T17:36:00.000-08:00

Under the new foreclosure settlement, the banks have six to nine months to determine who is eligible for relief and, in all, have three years to distribute the aid. Millions of struggling homeowners — and the still fragile economy — need more help more

New York Times ( 2/11/2012 1:59:20 PM -08:00 )

Too Many Unanswered Questions, and Too Little Relief

The $26 billion foreclosure settlement between the big banks and federal and state officials is a wrist slap compared with the economic damage wrought by the banks in the housing bubble and bust, and the hardships faced by the 4 million homeowners who more

New York Times ( 2/11/2012 1:58:30 PM -08:00 )

The Deal Is Done, but Hold the Applause

FIVE big banks finally reached a deal with government authorities last week over dubious mortgage practices and foreclosure abuses. After months of talks, Ally Financial, Bank of America, Citibank, JPMorgan Chase and Wells Fargo agreed to pay a total more

New York Times ( 2/11/2012 12:55:31 PM -08:00 )

Mortgage settlement

The settlement with the five biggest banks and the fifty states for the benefit of homeowners is unconscionable and makes the cause sound like a nuisance suit settlement. The Financial Crisis Inquiry Committee report in 2011 found that about four more

Chicago Tribune ( 2/11/2012 6:22:35 AM -08:00 )

Mortgage settlement is great — for politicians and banks
	The settlement mostly requires mortgage lenders and servicers to comply with what I would have thought was already the law, which prohibits, you know, criminal fraud. California Atty. Gen. Kamala D. Harris retains the right to pursue the banks under more
Los Angeles Times ( 2/10/2012 9:02:28 PM -08:00 )

California's size lands state big share of foreclosure settlement
	Bank of America's desire to escape the legacy of its Countrywide problems also helped secure a combined $12 billion in principal write-downs for the state. “This outcome is the result of an insistence that California receive a fair deal commensurate more
Los Angeles Times ( 2/10/2012 6:03:54 PM -08:00 )

Locals take advantage of mortgage help

Texas homeowners could soon have a little relief with their mortgage payments. It is thanks to a landmark $26 billion multi-state settlement this week over abusive practices at the five largest mortgage lending companies. more

KXAN.com ( 2/10/2012 4:16:24 PM -08:00 )

US banks agree to $25 billion in homeowner help

WASHINGTON - Five big US banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market. Thursday's announcement brings an more

ABS CBN News ( 2/10/2012 4:10:02 PM -08:00 )

Homeowners get mortgage help

While it's still too early to tell who will get what... one of those lenders - Bank of America - is already sitting down with Austinites teetering on the edge of foreclosure. more

KXAN.com ( 2/10/2012 3:26:24 PM -08:00 )

Mortgage settlement: How the negotiations unfolded

Feb. 10 (Bloomberg) -- Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other US banks with 49 states required missing some football. Bank executives, state officials and US Housing Secretary Shaun more

Washington Post ( 2/10/2012 12:59:35 PM -08:00 )

Foreclosure Settlement Falls Short, Still Worth the Wait: View
	In any out-of-court settlement for alleged wrongdoing, the test of whether prosecutors got a good deal rests on the answers to three questions: Does it hold the miscreants accountable? Does it make victims whole? And does it prevent similar misconduct more
Bloomberg ( 2/10/2012 12:37:13 PM -08:00 )

Big foreclosure settlement. What will the future bring?

Yesterday, things changed for home owners who lost or are losing their properties to foreclosure. Massachusetts Attorney General's office was part of a national settlement with Ally Financial, Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo more

Boston.com (blog) ( 2/10/2012 10:55:36 AM -08:00 )

First Bank Fraud, Now Political Fraud

First the banks committed massive fraud in originating and packaging mortgages, leaving the country littered with millions of little mortgage time bombs set to explode in the years after they lined their pockets and made their get-away. more

Huffington Post ( 2/10/2012 10:41:05 AM -08:00 )

Vote: Mortgage deal settlement or joke?

The $25 billion settlement between banks and states over abusive and fraudulent mortgage practices has its upsides, especially for the banks. They get out from under a huge legal liability and enjoy headlines that imply progress is being made. more

The Seattle Times ( 2/10/2012 10:13:02 AM -08:00 )

Homeowners Receive $25 Billion Mortgage Settlement, But Is It Enough?

By Go Banking Rates About one million distressed homeowners are expected to receive mortgage relief in the form of a major settlement on behalf of big banks. In what is the largest attempt to aid the US housing crisis to date, the government will be more

U.S. News & World Report (blog) ( 2/10/2012 10:04:41 AM -08:00 )

Mortgage settlement has shortcomings, critics say

As the federal government and 49 states signed a landmark mortgage relief settlement Thursday, housing advocates and others pointed to shortcomings and raised questions about how the $25 billion plan would be able to provide relief to nearly 2 million more

Baltimore Sun (blog) ( 2/10/2012 9:48:28 AM -08:00 )

Governor applauds mortgage deal, ignores Gansler role

Gov,Martin O'Malley welcomes the state's participation in a nationwide settlement that is expected to bring almost $1 billion to Maryland victims of mortgage abuses but doesn't have much to say about the role played by Attorney General Douglas L. more

Baltimore Sun ( 2/10/2012 9:47:12 AM -08:00 )

Michigan expects to get $790M in foreclosure deal

Michigan says it expects to get $790 million as part of a landmark $25 billion settlement with the nation's top mortgage lenders. The banks involved include Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc. and Ally more

BusinessWeek ( 2/10/2012 9:40:03 AM -08:00 )

Banks pay delinquent borrowers $35000 to sell their homes

By Les Christie @CNNMoney February 10, 2012: 11:02 AM ET NEW YORK (CNNMoney) -- In an effort to cut their losses, banks are paying some struggling homeowners as much as $35000 to sell their homes before they end up in foreclosure. more

CNN ( 2/10/2012 9:06:19 AM -08:00 )

Bank Settlement: $25 Billion Down, $675 Billion to Go

This week a $25 billion settlement was announced in which big banks pay up for a portion of their bad deeds in the home foreclosure crisis. Everyone is trying to determine whether this is a good deal or a bad deal. Here is how I score it. more

Huffington Post ( 2/10/2012 9:04:29 AM -08:00 )

Faces beyond the numbers of long-term unemployed

2012-02-11T13:45:00.000-08:00

ADVANCE FOR USE SUNDAY, FEB. 5, 2012 AND THEREAFTER - In this Jan. 24, 2012 photo, Dennis Hansen, an aquatics biologist who lost his job at a Minnesota lab in late 2009, stands on the shore of Lake Superior in Duluth, Minn. more

Seattle Post Intelligencer ( 2/11/2012 1:35:59 PM -08:00 )

Frustration, fear _ and hope: The faces beyond the numbers of long-term unemployed

By SHARON COHEN | AP | 2 minutes ago in JR Childress is up before the sun, bustling about in the French colonial brick house he built. He helps pack his wife's lunch, downs some eggs or cereal for breakfast, pores over online and newspaper job listings more

Newser ( 2/11/2012 1:24:21 PM -08:00 )

America's long-term jobless still struggling

by USA Today Feed on Feb. 11, 2012, under USA Today News JR Childress is up before the sun, bustling about in the French colonial brick house he built. He helps pack his wife's lunch, downs some eggs or cereal for breakfast, pores over online and more

Tucson Citizen ( 2/11/2012 8:32:01 AM -08:00 )

No long-term solution for jobless

By SHARON COHEN AP February 8, 2012 6:34PM ADVANCE FOR USE SUNDAY, FEB. 5, 2012 AND THEREAFTER - In this Tuesday, Jan. 24, 2012 photo, Jon Creek pets his dogs Harley, left, and Memphis while studying for a graduate school admissions test at his home in more

SouthtownStar ( 2/9/2012 5:54:00 AM -08:00 )

The Deal Is Done, but Hold the Applause

2012-02-11T12:55:00.000-08:00

New York Times ( 2/11/2012 1:58:30 PM -08:00 )

The Deal Is Done, but Hold the Applause

New York Times ( 2/11/2012 12:55:31 PM -08:00 )

Mortgage settlement is great — for politicians and banks
	The settlement mostly requires mortgage lenders and servicers to comply with what I would have thought was already the law, which prohibits, you know, criminal fraud. California Atty. Gen. Kamala D. Harris retains the right to pursue the banks under more
Los Angeles Times ( 2/10/2012 9:02:28 PM -08:00 )

California's size lands state big share of foreclosure settlement
	Bank of America's desire to escape the legacy of its Countrywide problems also helped secure a combined $12 billion in principal write-downs for the state. “This outcome is the result of an insistence that California receive a fair deal commensurate more
Los Angeles Times ( 2/10/2012 6:03:54 PM -08:00 )

US banks agree to $25 billion in homeowner help

ABS CBN News ( 2/10/2012 4:10:02 PM -08:00 )

Homeowners get mortgage help

While it's still too early to tell who will get what... one of those lenders - Bank of America - is already sitting down with Austinites teetering on the edge of foreclosure. more

KXAN.com ( 2/10/2012 3:26:24 PM -08:00 )

Mortgage settlement: How the negotiations unfolded

Washington Post ( 2/10/2012 12:59:35 PM -08:00 )

Foreclosure Settlement Falls Short, Still Worth the Wait: View
	In any out-of-court settlement for alleged wrongdoing, the test of whether prosecutors got a good deal rests on the answers to three questions: Does it hold the miscreants accountable? Does it make victims whole? And does it prevent similar misconduct more
Bloomberg ( 2/10/2012 12:37:13 PM -08:00 )

Mortgage Settlement Talks Look Like Tobacco II

The following post generated a lot of comments, most of them criticizing my conclusion that there was scant evidence robosigning and other illegal activities by mortgage companies actually caused homeowners who were paying their mortgages to be more

Forbes ( 2/10/2012 12:33:15 PM -08:00 )

Mortgage settlement

Chicago Tribune ( 2/10/2012 12:15:18 PM -08:00 )

Big foreclosure settlement. What will the future bring?

Boston.com (blog) ( 2/10/2012 10:55:36 AM -08:00 )

First Bank Fraud, Now Political Fraud

Huffington Post ( 2/10/2012 10:41:05 AM -08:00 )

Vote: Mortgage deal settlement or joke?

The Seattle Times ( 2/10/2012 10:13:02 AM -08:00 )

Homeowners Receive $25 Billion Mortgage Settlement, But Is It Enough?

U.S. News & World Report (blog) ( 2/10/2012 10:04:41 AM -08:00 )

Mortgage settlement has shortcomings, critics say

Baltimore Sun (blog) ( 2/10/2012 9:48:28 AM -08:00 )

Governor applauds mortgage deal, ignores Gansler role

Baltimore Sun ( 2/10/2012 9:47:12 AM -08:00 )

Michigan expects to get $790M in foreclosure deal

BusinessWeek ( 2/10/2012 9:40:03 AM -08:00 )

Banks pay delinquent borrowers $35000 to sell their homes

CNN ( 2/10/2012 9:06:19 AM -08:00 )

Bank Settlement: $25 Billion Down, $675 Billion to Go

Huffington Post ( 2/10/2012 9:04:29 AM -08:00 )

Mo. to get $196M from national mortgage settlement

Missouri will receive more than $196 million from a national settlement over home foreclosure abuses among most states, the federal government and mortgage lenders. The banks involved include Ally Financial, Bank of America, Citi, JPMorgan Chase and more

BusinessWeek ( 2/10/2012 8:38:07 AM -08:00 )

Spain: arrests at anti-labor market reform protest

2012-02-11T12:19:00.000-08:00

By Harold Heckle AP / February 11, 2012 MADRID—Nine people were arrested early Saturday after scuffles broke out between police and protesters after the government approved sweeping labor market reforms aimed at reviving Spain's ailing economy. more

Boston.com ( 2/11/2012 12:19:43 PM -08:00 )

Spanish Government Cuts Firing Costs, Changes Labor Rules

By Emma Ross-Thomas Feb. 11 (Bloomberg) -- Spain's government cut firing costs, changed wage-bargaining laws and decided that jobless people on benefits will have to offer community service in an overhaul of labor rules aimed at tackling the 23 percent more

BusinessWeek ( 2/11/2012 6:09:31 AM -08:00 )

Giant demonstration in Spain over job market reform, 2/19

The two main Spanish trade unions, Ccoo and Ugt, called for a giant demonstration in all the cities in the Country on February 19. "The reforms - the Ugt leader Candido Mendez said - will destroy jobs in the short term and will increase precariousness more

Agenzia Giornalistica Italia ( 2/11/2012 5:54:14 AM -08:00 )

Unions say Spain labour reform will deepen recession

By Andrés González MADRID (Reuters) - Trade unions on Saturday slammed Spain's new labour reform, arguing it would encourage companies to cut jobs and potentially deepen a recession but shying away from calling a general strike. more

Reuters Africa ( 2/11/2012 5:43:22 AM -08:00 )

Spain unions call for protests against labour reforms
	MADRID — Spain's two biggest unions called on Saturday for nationwide protests on February 19 against labour reforms which they said would destroy jobs. "On February 19 we want the streets of Spain to be filled with noisy protests against the labour more
AFP ( 2/11/2012 3:25:00 AM -08:00 )

Spain approves crucial labor market reforms

February 10, 2012|Daniel Woolls, AP Spain's new conservative government has passed labor market reforms deemed crucial to creating jobs to chip away at Europe's worst unemployment nightmare and restore confidence in a sick economy. more

Boston.com ( 2/10/2012 11:56:04 PM -08:00 )

Spain backs employment law reform

Spain's new conservative government approved sweeping labour market reforms as part of a drive to revive a sick economy and solve Europe's worst unemployment nightmare - a jobless rate of nearly 23%. The plan is designed to encourage companies to hire more

The Press Association ( 2/10/2012 9:00:00 PM -08:00 )

Apple thriving in Spain where debt crisis lingers

Renovation on a 19th century, seven-floor building with more than 64600 square feet of floor space on Madrid's central Puerta del Sol square is under way to house Apple's new Spanish flagship store, according to the mayor's office. more

San Francisco Chronicle ( 2/10/2012 8:57:27 PM -08:00 )

Spain revamps labour market
	MADRID: Spain's right-leaning government slashed employees' maximum severance pay in a sweeping labour reform unveiled yesterday to confront a near 23 per cent unemployment rate. The drastic labour market shake-up, which risks sparking a union backlash more
Gulf Daily News ( 2/10/2012 6:03:54 PM -08:00 )

Spain's govt approves labour reforms

Rate your placeRate and review suburbs, discuss, and find out more about where you live. How does your place stack up? Get your books in orderKeeping proper tax records means you'll save on accounting bills and be able to claim the maximum deductions more

Ninemsn ( 2/10/2012 3:20:55 PM -08:00 )

Spanish Labor Revamp Cuts Firing Costs, Changes Bargaining Rules

Spain's government cut firing costs, changed wage-bargaining laws and ruled that jobless people on benefits will have to offer community service in an overhaul of labor rules aimed at tackling the 23 percent unemployment rate. more

Bloomberg ( 2/10/2012 3:17:04 PM -08:00 )

Spain approves labor reforms to boost sick economy, create jobs, regain

MADRID — Spain's new conservative government approved sweeping labor market reforms Friday as part of a drive to revive a sick economy and solve Europe's worst unemployment nightmare — a jobless rate of nearly 23 percent. more

Washington Post ( 2/10/2012 2:39:01 PM -08:00 )

Hundreds protest Spain labour reforms

HUNDREDS of people protested in Madrid overnight against new looser hiring and firing laws introduced by the conservative government, its latest measures to deal with the country's economic crisis. Protesters shouting and waving banners gathered on the more

NEWS.com.au ( 2/10/2012 1:38:40 PM -08:00 )

Spain Approves Changes to Labor Policy

MADRID — The Spanish government approved changes in labor policy Friday designed to reduce the cost for employers of dismissing staff, as well as create new incentives for companies to hire the young and the previously jobless. more

New York Times ( 2/10/2012 12:48:30 PM -08:00 )

Spanish Labor Market Reform Lowers Dismissal Costs

By Jonathan House Of DOW JONES NEWSWIRES MADRID (Dow Jones)--Spain's government will lower the country's high dismissal cost as part of a high-stakes overhaul of rigid labor laws meant to lower its towering unemployment rate and spur economic growth. more

Wall Street Journal ( 2/10/2012 11:05:59 AM -08:00 )

Spain Lowers Cost for Firing Workers in Key Labor Overhaul

By JONATHAN HOUSE MADRID—Spain's government will lower the country's high dismissal cost as part of a crucial overhaul of rigid labor laws meant to lower its towering unemployment rate and spur economic growth. "The reform will provide the framework to more

Wall Street Journal ( 2/10/2012 11:04:18 AM -08:00 )

Spanish government approves sweeping labor reforms

REPORTING FROM MADRID -- Spain's new conservative government announced drastic changes to the country's labor system Friday, in some cases altering contract terms that have been untouched for 50 years, in a bid to bring down Europe's worst unemployment more

Los Angeles Times ( 2/10/2012 11:01:41 AM -08:00 )

Spain plans to shake up labour market

By Miles Johnson in Madrid Madrid has unveiled job market reforms hailed as the most radical in the country's post-dictatorship history as it battles with the highest level of unemployment in the European Union. Spain's cabinet approved new laws on more

Financial Times ( 2/10/2012 10:01:02 AM -08:00 )

Spain steps up jobless fight

http://www.euronews.net/ Spain's cabinet has approved further moves to try and reduced unemployment rates that are the highest in Europe. They include labour law changes giving more flexibility to employers to hire and fire workers as the government is more

euronews ( 2/10/2012 9:38:46 AM -08:00 )

Spain cuts firing costs in new labour reform

* Gov't says reform will curb jobless rate * Will end contracts paying 45 days' severance pay * Promotes use of part-time contracts * Collective bargaining rules to change in times of crisis By Andrés González MADRID, Feb 10 (Reuters) - Spain cut more

Reuters ( 2/10/2012 9:34:25 AM -08:00 )

Retail roundup: Diamonds, True Religion, Ellen DeGeneres

2012-02-11T06:01:00.000-08:00

	By Shan Li --Diamond giant De Beers reported a 27% bump in sales last year but warned that 2012 will be a slower year due to economic uncertainty. The company -- which makes ads such as "She already knows you love her. Now everyone else will too" more
Los Angeles Times ( 2/11/2012 6:01:46 AM -08:00 )

True Religion Apparel

True Religion, the maker of namesake designer jeans, fell after it projected full-year profit that trailed analysts' estimates. Earnings per share will range from $1.88 to $1.95, the California company said. Analysts expected $2.37. more

Boston Globe ( 2/11/2012 12:08:07 AM -08:00 )

True Religion Kicked In The Seat Of The Pants After Earnings

TRLG – True Religion Apparel, Inc. – Disappointing fourth-quarter earnings and weaker-than-expected 2012 guidance from high-end apparel maker, True Religion, saw shares down as much as 25% this morning to $27.57. The sharp pullback in the price of the more

Forbes ( 2/10/2012 12:23:57 PM -08:00 )

The Gory Details on True Religion Apparel's Double Fumble

By Seth Jayson True Religion Apparel reported earnings on Feb. 9. Here are the numbers you need to know. For the quarter ended Dec. 31 (Q4), True Religion Apparel missed estimates on revenues and missed expectations on earnings per share. more

msnbc.com ( 2/10/2012 9:21:18 AM -08:00 )

Losing Faith in True Religion Apparel

By Benchmark Co. ($36.80, Feb. 10, 2012) We do not believe True Religion has a revenue problem; we believe it has a spending problem. True Religion (ticker: TRLG) has demand for its products and has intentionally held back revenue to protect the brand. more

Barron's ( 2/10/2012 9:13:42 AM -08:00 )

True Religion slumps after weak forecast; analysts cut ratings

(Reuters) - Shares of denim maker True Religion Apparel Inc (TRLG.O) lost as much as a quarter of their value on Friday after the company forecast weak 2012 results, prompting at least two brokerages to downgrade the stock. Citigroup cut True Religion more

Reuters ( 2/10/2012 7:16:37 AM -08:00 )

Ahead of the Bell: True Religion tanks premarket

(AP) NEW YORK — Shares of True Religion Apparel plummeted more than 26 percent in premarket trading Friday with analysts cutting their ratings on the maker of designer jeans in response to a weak fourth quarter and outlook. more

CBS News ( 2/10/2012 6:38:05 AM -08:00 )

True Religion shares tumble on earnings, outlook

(AP) VERNON, Calif. — True Religion Apparel Inc.'s shares tumbled almost 22 percent in after-hours trading Thursday after the clothing company posted fourth-quarter earnings that fell short of Wall Street expectations and gave a disappointing outlook more

CBS News ( 2/9/2012 4:42:18 PM -08:00 )

True Religion profit drops on weaker sales

By Ben Fox True Religion Apparel Inc.'s /quotes/zigman/90906/quotes/nls/trlg TRLG -23.16% fourth-quarter earnings sank 8.4% as the jeans-maker saw weaker sales in its wholesale business, though its direct consumer unit showed strength. more

MarketWatch ( 2/9/2012 3:01:14 PM -08:00 )

True Religion 4Q Net Down 8.4%; Shares Slide On Weak Forecast

True Religion Apparel Inc.'s (TRLG) fourth-quarter earnings sank 8.4% as the jeans-maker saw weaker sales in its wholesale business, though its direct consumer unit showed strength. Shares slid 22% to $28.70 after hours as the company missed earnings more

Wall Street Journal ( 2/9/2012 2:37:27 PM -08:00 )

True Religion Apparel Announces Fourth Quarter and Full Year 2011 Financial

-- Net sales for the Company's US Consumer Direct segment, which includes the Company's branded stores and e-commerce business, increased 23.7% to $77.3 million and accounted for 64.8% of the Company's total net sales for the quarter. more

MarketWatch (press release) ( 2/9/2012 1:01:16 PM -08:00 )

True Religion Apparel (TRLG) Plunged To A 4-Month Low On Weak Q4 Results

(RTTNews.com) - True Religion Apparel (TRLG) reported fourth quarter adjusted net income of $0.62 after the close Thursday, which fell short of the consensus estimate of $0.71. The company expects to report full year 2012 EPS of $1.88 to $1.95. more

NASDAQ ( 2/10/2012 2:23:34 PM -08:00 )

True Religion Apparel Shares Downgraded to "Hold" by Benchmark Co. Analysts (TRLG)

True Religion Apparel (NASDAQ: TRLG) was downgraded by research analysts at Benchmark Co. from a “buy” rating to a “hold” rating in a report issued on Friday. They currently have a $38.00 price target on the stock, down from their previous price target more

Web Inquirer ( 2/10/2012 1:36:04 PM -08:00 )

True Religion Shares Plunged: What You Need to Know

By Matt Koppenheffer, The Motley Fool Posted 4:12PM 02/10/12 Investing Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. more

DailyFinance ( 2/10/2012 1:15:49 PM -08:00 )

True Religion Apparel Shares Downgraded by Brean Murray to "Hold" (TRLG)

True Religion Apparel (NASDAQ: TRLG) was downgraded by research analysts at Brean Murray from a “buy” rating to a “hold” rating in a report issued on Friday. Separately, analysts at Citigroup (NYSE: C) downgraded shares of True Religion Apparel from a more

Web Inquirer ( 2/10/2012 12:50:18 PM -08:00 )

True Religion Apparel Downgraded by Caris & Co. to "Average" (TRLG)

True Religion Apparel (NASDAQ: TRLG) was downgraded by research analysts at Caris & Co. from an “above average” rating to an “average” rating in a report issued on Friday. Separately, analysts at Benchmark Co. downgraded shares of True Religion Apparel more

Web Inquirer ( 2/10/2012 11:45:29 AM -08:00 )

UPDATE: Benchmark Downgrades True Religion Apparel to Hold

By David Johnson Benchmark lowers its rating on True Religion Apparel (NASDAQ: TRLG) to Hold from Buy and lowers its price target to $38 from $42 as Q4 falls short. BEnchmark notes, "Operating margin continues to contract as spending outpaces revenue more

Benzinga ( 2/10/2012 10:44:10 AM -08:00 )

True Religion Apparel Shares Downgraded by Caris & Company to "Above Average

True Religion Apparel (NASDAQ: TRLG) was downgraded by analysts at Caris & Company from a “buy” rating to an “above average” rating in a research report issued to clients and investors on Friday. Separately, analysts at Needham & Company reiterated a more

Web Inquirer ( 2/10/2012 10:03:08 AM -08:00 )

UPDATE: Citigroup Downgrades True Religion Apparel to Neutral

By David Johnson Citigroup lowers its rating on True Religion Apparel (NASDAQ: TRLG) to Neutral from Buy and lowers its price target by $5 to $37 on lower off-price sales in Korea and higher-than-expected markdowns. Citigroup comments, "TRLG reported more

Benzinga ( 2/10/2012 8:50:57 AM -08:00 )

Analysts Tear Into True Religion Apparel After Earnings Miss, Poor Outlook

by Jim Cunningham (jcunningham@sir-inc.com) 2/10/2012 11:30:34 AM As corporate earnings season winds down for the week, True Religion Apparel, Inc. (TRLG - 27.85) posted its fourth-quarter report after the close last night. more

Schaeffers Research ( 2/10/2012 8:22:48 AM -08:00 )

Climax nears in Greek drama

2012-02-11T04:40:00.000-08:00

European stocks fell from a six month-high this past week, as Greece's coalition government failed to agree on the remaining spending cuts needed to obtain financial aid from the EU and stave off a default. The STOXX Europe 600 Index fell 1.3 percent more

Taipei Times ( 2/11/2012 8:00:38 AM -08:00 )

Friday Is Final Day For Greek Bond Exchange Offer -Greek Finance Minister

ATHENS (Dow Jones)--Greece has to make its final bond-exchange offer to private-sector bondholders to reach an unprecedented debt restructuring by Friday, Feb. 17, the country's finance minister told the Greek parliamentary finance committee Saturday. more

Wall Street Journal ( 2/11/2012 5:47:27 AM -08:00 )

Five world markets themes in the coming week

LONDON (Reuters) - Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ COULD DO BETTER In the end, Greece's pledges of cuts and grinding austerity were more

Chicago Tribune ( 2/11/2012 4:42:45 AM -08:00 )

Climax nears in Greek drama

LONDON (Reuters) - Tortuous negotiations over a second bailout for Greece are set to come to a head on Wednesday, putting fragile market confidence to the test on the same day data is tipped to show the euro zone is entering a mild recession. more

Chicago Tribune ( 2/11/2012 4:42:43 AM -08:00 )

The Euro Needs to Watch the Greeks Now

By Nicholas Hastings A demonstrator passes a defaced Bank of Greece sign during protests against planned reforms by Greece's coalition government in Athens on Feb. 10. The euro might be discounting Greece, but it can't afford to discount the Greeks. more

Wall Street Journal (blog) ( 2/11/2012 2:34:15 AM -08:00 )

What a Difference a Year Makes?

By MICHAEL SANTOLI | MORE ARTICLES BY AUTHOR The market's position and investor sentiment look quite as they did a year ago, a moment that preceded a 6.5% reversal in the S&P 500. So we're back to this, are we, fighting neither the Fed nor the tape, more

Barron's ( 2/11/2012 2:09:02 AM -08:00 )

Greece Likely to Exit the Euro

By JONATHAN BUCK | MORE ARTICLES BY AUTHOR Greece may have outlined a debt-restructuring agreement with private-sector creditors. But that deal, months in the making, already is priced into the market, which has been riding high in 2012—so don't expect more

Barron's ( 2/11/2012 2:08:58 AM -08:00 )

A look at economic developments around the globe

February 10, 2012|AP ATHENS, Greece — Greece's future in the eurozone faced more uncertainty as protests again turned violent and dissent grew among its lawmakers after European leaders demanded deeper spending cuts. BERLIN — The German Parliament is more

Boston.com ( 2/10/2012 11:46:51 PM -08:00 )

Amid Efforts to Rescue Greece, a Lack of Trust From Allies

BRUSSELS — At the same meeting where Greece's latest economic plans were greeted with blunt skepticism, a television microphone accidentally recorded a very different exchange between a minister from Germany and a colleague from another bailout more

New York Times ( 2/10/2012 11:38:19 PM -08:00 )

Euro Gains Against Majors Amid Greek Debt Impasse; Yen Declines

By Allison Bennett Feb. 11 (Bloomberg) -- The euro gained against the majority of its most-traded counterparts as the central bank saw signs of “stabilization” in the region and investors speculated Greece would convince European leaders to release its more

BusinessWeek ( 2/10/2012 9:59:24 PM -08:00 )

Stocks dip on Greece uncertainty

Video Video Clashes in Greece over bailout demands Another two Greek ministers resign Two more deputy ministers have resigned from Greece's coalition government over new austerity measures. London's benchmark FTSE 100 index fell 0.73 per cent to more

Herald Sun ( 2/10/2012 9:30:14 PM -08:00 )

Greece to Borrow up to €35 Billion for Debt Buyback

By MATINA STEVIS and ALKMAN GRANITSAS ATHENS—Greece will borrow up to €35 billion from Europe's temporary bailout fund to finance an ambitious debt-buyback plan from the European Central Bank, according to official documents released by the government more

Wall Street Journal ( 2/10/2012 9:13:15 PM -08:00 )

Markets fall worldwide on euro crisis

Dow Jones: 12801.23 (-0.69%) Nasdaq: 2547.32(-0.65%) SP 500: 1342.64 (-0.69%) EQUITY MARKETS across the globe fell yesterday, with European stocks dropping for the fourth time in five days. This followed a number of resignations from the Greek cabinet more

Irish Times ( 2/10/2012 4:36:43 PM -08:00 )

Seconds out for Athens as EU chiefs consider default spectre

CRUNCH TIME. “The Greeks understand that it's not five minutes to midnight but 30 seconds to midnight,” says Luxembourg's finance minister Luc Frieden. The whole of Europe awaits the outcome of fevered politicking this weekend as the Greek parliament more

Irish Times ( 2/10/2012 4:35:39 PM -08:00 )

European Stocks Slide as Greeks Fail to Agree on Austerity Deal

Feb. 11 (Bloomberg) -- European stocks fell from a six month-high this past week, as Greece's coalition government failed to agree on the remaining spending cuts needed to obtain financial aid from the European Union and stave off a default. more

BusinessWeek ( 2/10/2012 4:30:34 PM -08:00 )

Let Greece stand on its own feet

At five minutes to midnight, it still seems open whether the eurozone and the Greek government can agree on terms for a new rescue package. The terms, however, are less important than whether Greece can agree with itself. The metamorphosis that the more

Financial Times ( 2/10/2012 3:23:18 PM -08:00 )

Treasuries Rise as European Ministers Withhold Greek Aid Package

By Susanne Walker Feb. 10 (Bloomberg) -- Treasuries rose for the first time in four days European finance ministers withheld a rescue package for Greece pending the nation's approval of fiscal austerity measures. Investors sought the relative safety of more

BusinessWeek ( 2/10/2012 3:12:29 PM -08:00 )

Global Stocks Fall Most This Year as Commodities, Euro Retreat

By Rita Nazareth and Michael P. Regan Feb. 10 (Bloomberg) -- Global stocks fell the most this year, commodities slid and the euro weakened as a plan to help Greece avoid default threatened to unravel and US consumer confidence trailed estimates. more

BusinessWeek ( 2/10/2012 2:27:02 PM -08:00 )

WORLD FOREX:Euro Slides On Renewed Greece Worries

By Anusha Shrivastava NEW YORK (Dow Jones)--The euro slid nearly one percent versus the dollar and yen Friday as uncertainty over Greece intensified after euro-zone finance ministers held off on approving Greece's second bailout the previous day. more

Wall Street Journal ( 2/10/2012 2:25:20 PM -08:00 )

Euro Suffers Amid Greek Drama

By ANUSHA SHRIVASTAVA NEW YORK—The euro slid nearly 1% versus the dollar and yen amid uncertainty over whether Greece's parliament would approve austerity measures necessary for a second bailout. Greece's political leaders agreed Thursday to spending more

Wall Street Journal ( 2/10/2012 2:09:57 PM -08:00 )

HUD awards money to improve public housing

2012-02-11T02:27:00.000-08:00

The US Department of Housing and Urban Development on Friday awarded public housing authorities in Jefferson, St. Lawrence and Franklin counties grants for large-scale improvements such as roofs and energy-efficient upgrades. more

WatertownDailyTimes.com ( 2/11/2012 2:27:15 AM -08:00 )

Several local public housing agencies get grants

By Heather Yakin NEW YORK - The US Department of Housing and Urban Development has awarded Capital Fund Program grants for improvements such as new roofs or upgrades to plumbing, electrical systems or energy-efficiency to several local public housing more

Times Herald-Record ( 2/10/2012 11:45:57 PM -08:00 )

EBR Housing Authority gets $1.4 million grant

by Chad calder The East Baton Rouge Housing Authority was awarded $1.4 million from the US Department of Housing and Urban Development, part of a $1.8 billion disbursement to public housing authorities in all 50 states. The grants, announced Friday by more

The Advocate ( 2/10/2012 10:12:30 PM -08:00 )

Oklahoma public housing receives $14.5 million Housing and Urban Development grant

The funds are provided through HUD's capital fund program and are to be used on large scale improvements to public housing units, such as new roofs and energy efficient upgrades. The funds are provided through HUD's Capital Fund program, which provides more

NewsOK.com ( 2/10/2012 10:10:20 PM -08:00 )

Housing Authority snares HUD grant

By Victoria Grabner The Housing Authority of Henderson will receive $553430 from the US Department of Housing and Urban Development to address so-called capital projects such as the need for new roofs, doors and windows. "We're very thankful for the more

Evansville Courier & Press ( 2/10/2012 9:36:53 PM -08:00 )

Several Housing Authorities to Receive Federal Funds

US Department of Housing and Urban Development announced Friday more than $128 million will be used by several local housing authorities for improvements. The following Illinois housing authorities are receiving funding: Peoria Housing Authority, more

CIproud.com ( 2/10/2012 8:49:48 PM -08:00 )

HUD awards $650K for public housing

By AZIZA MUSA The US Department of Housing and Urban Development awarded nearly $650000 Friday to Texas Panhandle cities for public housing developments. HUD doled out $1.8 billion nationally to construct or repair public housing. more

Amarillo.com ( 2/10/2012 8:13:40 PM -08:00 )

Indiana Public Housing Authorities receiving federal grant money

Indiana's Public Housing Authorities will receive federal grants totaling more than $21.5 million, to make large-scale improvements to public housing units all throughout the state. The funds come from the US Department of Housing and Urban Development more

WNDU-TV ( 2/10/2012 7:49:48 PM -08:00 )

HUD capital funding decreases for JCHA

Today the US Department of Housing and Urban Development, or HUD, announced local public housing authorities each received hundreds of thousands of dollars to make improvements to aging homes. While the $932751 the Johnson City Housing Authority will more

TriCities.com ( 2/10/2012 7:06:44 PM -08:00 )

Herkimer, Ilion, St. Johnsville housing authorities get HUD money

By Staff reports The US Department of Housing and Urban Development on Friday awarded 84 public housing authorities across New York $321476119 to make large-scale improvements to their public housing units. The grants were part of nearly $1.8 billion more

Herkimer Evening Telegram ( 2/10/2012 6:54:10 PM -08:00 )

Lubbock's Housing Authority receives federal funds

Lubbock 's Housing Authority reaped grant money from the Department of Housing and Urban Development. Lubbock received nearly $800000 of the $72.5 million awarded to the state. The monies will be used to make large scale improvements to public housing more

MYfoxLUBBOCK.COM ( 2/10/2012 6:14:18 PM -08:00 )

Cowlitz Tribe Receives Nearly $2 Million for Housing

The US Department of Housing and Urban Development has awarded the Cowlitz Tribal housing authority $1979873. HUD awarded $33428515 in Indian Housing Block Grant allocations to 25 tribes in Washington. The awards are part of some $404 million more

Centralia Chronicle ( 2/10/2012 5:42:40 PM -08:00 )

Feds give Hawaii $9.45M to renovate public housing projects

The Hawaii Public Housing Authority will receive a federal grant of more than $9.45 million to make large-scale improvements to the state's public housing projects. The grant is from the US Department of Housing and Urban Development 's Capital Fund more

Pacific Business News ( 2/10/2012 3:44:17 PM -08:00 )

Rockford and Freeport receive funds from HUD for public housing

Public housing agencies in Rockford and Freeport were among 17 public housing authorities in the United States to receive funds from HUD. The United States Department of Housing and Urban Development gave almost $500000 to Rockford and Freeport public more

WREX-TV ( 2/10/2012 2:56:18 PM -08:00 )

Texas Housing Authorities awarded over $72 million to improve - KXXV-TV News

Entertainment News from AP FORT WORTH – US Department of Housing and Urban Development Secretary Shaun Donovan awarded today public housing authorities in Texas $72552552 that will be used to make major large-scale improvements to their public housing more

KXXV News Channel 25 ( 2/10/2012 1:23:37 PM -08:00 )

Lexington, Thomasville housing authorities receive grants

The Lexington and Thomasville housing authorities received more than $300000 each as part of more than $48.1 million the US Department of Housing and Urban Development awarded in North Carolina. The money will be used to make major large-scale more

Lexington Dispatch ( 2/10/2012 11:59:29 AM -08:00 )

KCDC awarded $4.9 million in HUD grants

By News Sentinel staff ATLANTA — The US Department of Housing and Urban Development today awarded public housing authorities in Tennessee $50.2 million for use in making major large-scale improvements to their public housing units and Knoxville's more

Knoxville News Sentinel ( 2/10/2012 11:48:17 AM -08:00 )

Housing authorities in Oklahoma to receive $14.5 million to make improvements

AP OKLAHOMA CITY — Housing authorities in Oklahoma have received $14.5 million to make large-scale improvements to public housing units throughout the state. The US Department of Housing and Urban Development made the announcement Friday. more

The Republic ( 2/10/2012 11:13:17 AM -08:00 )

Kansas tribes receive grants

By The Capital-Journal Four tribes in Kansas have received $1.6 million in Indian housing block grant allocations, the US Department of Housing and Urban Development recently announced. IHBG funds are intended primarily to benefit low-income families more

Topeka Capital Journal ( 2/10/2012 10:41:52 AM -08:00 )

HUD AWARDS $7.5 MILLION TO FIGHT HOUSING DISCRIMINATION

by HUD WASHINGTON, DC – February 10, 2012 – (RealEstateRama) — The US Department of Housing and Urban Development announced today that it has awarded $7.5 million to state and local government agencies that enforce fair housing laws and help more

RealEstateRama (press release) ( 2/10/2012 10:03:48 AM -08:00 )

S&P Downgrades 34 Italian Banks on Risks

2012-02-11T02:19:00.000-08:00

	Enlarge image S&P Downgrades 34 Italian Banks After Cutting Nation's Grade S&P Downgrades 34 Italian Banks After Cutting Nation's Grade Guiseppe Aresu/Bloomberg Unicredit SpA headquarters in Milan. Enlarge image S&P Downgrades 34 of 37 Italian Banks It more
Bloomberg ( 2/11/2012 2:19:37 AM -08:00 )

S&P downgrades Egypt's credit ratings

CAIRO, Feb. 10 (Xinhua) -- Standard and Poor's (S&P) downgraded on Friday the long-term rating on Egypt from B+ to B due to sharp decline of foreign exchange reserves and political uncertainties. "There would be further downgrade if the Egyptian more

Xinhua ( 2/10/2012 6:06:02 PM -08:00 )

Italian Banks Downgraded; S.&P. Cites Lending Risk

UniCredit, Intesa Sanpaolo and Banca Monte dei Paschi di Siena were among 34 Italian financial firms downgraded by Standard & Poor's on Friday after the credit ratings firm reduced the nation's grade last month. Long-term ratings on UniCredit, more

New York Times ( 2/10/2012 5:05:54 PM -08:00 )

S&P cuts ratings on 34 Italian banks citing concern over nation's finances

By AP | February 10, 2012 NEW YORK, NY - Standard & Poor's Ratings Services on Friday lowered its ratings on 34 Italian banks, citing concerns over Italy's financial vulnerability and expectations for weak profits at the banks. more

CanadianBusiness.com ( 2/10/2012 4:48:56 PM -08:00 )

S&P lowers rating on 34 Italian banks

Standard & Poor's Ratings Services on Friday lowered its ratings on 34 Italian banks, citing concerns over Italy's financial vulnerability and expectations for weak profits at the banks. Among the banks downgraded were some of Italy's largest, more

BusinessWeek ( 2/10/2012 4:38:19 PM -08:00 )

Italian financial firms downgraded by agency

UNICREDIT SPA, Intesa Sanpaolo SpA and Banca Monte dei Paschi di Siena SpA were among 34 Italian financial firms downgraded by Standard and Poor's, after the credit-ratings agency reduced the nation's grade last month. UniCredit, Italy's biggest bank, more

Irish Times ( 2/10/2012 4:36:22 PM -08:00 )

S&P Cuts Ratings On 34 Italy-Based Financial Firms

Standard & Poor's Ratings Services on Friday lowered ratings of 34 Italy-based financial institutions, including UniCredit SpA (UCG.MI), Intesa Sanpaolo SpA (ISP.MI) and Banca IMI SpA. The move comes after the ratings agency downgraded Italy's more

Wall Street Journal ( 2/10/2012 3:56:53 PM -08:00 )

S&P Downgrades 34 Italian Banks After Reducing Nation's Rating

Feb. 11 (Bloomberg) -- UniCredit SpA, Intesa Sanpaolo SpA and Banca Monte dei Paschi di Siena SpA were among 34 Italian financial firms downgraded by Standard & Poor's, after the credit-ratings company reduced the nation's grade last month. more

San Francisco Chronicle ( 2/10/2012 3:41:26 PM -08:00 )

Standard & Poor's downgrades 34 Italian banks

PARIS—Standard and Poor's on Friday lowered the credit rating of 34 Italian banks in a move that follows the agency's two-notch downgrade of Italy on January 13. Italy's biggest financial institutions were hit including UniCredit, Intesa Sanpaolo, more

Inquirer.net ( 2/10/2012 3:00:32 PM -08:00 )

Monti dismisses downgrade of 34 Italian banks
	NEW YORK — Italian Prime Minister Mario Monti dismissed news that Standard & Poor's had downgraded the credit ratings of 34 Italian banks on Friday as "mechanical." "These decisions by the rating agencies are largely the mechanical effects of previous more
AFP ( 2/10/2012 2:35:00 PM -08:00 )

S&P downgrades ratings of 34 Italian banks

Standard & Poor's cut the credit ratings of 34 Italian banks, including significant financial institutions in the country, following a downgrade of Italy last month. The move on Friday evening came in spite of efforts by the European Central Bank to more

Financial Times ( 2/10/2012 2:28:41 PM -08:00 )

One more knock: S&P downgrades 34 Italian banks
	Standard & Poor's has downgraded the credit rating of 34 major Italian banks, including country's largest, UniCredit. This comes after the rating agency downgraded Italy's grade to BBB+ last month. Explaining its negative view on the Italian banking more
RT ( 2/10/2012 2:13:41 PM -08:00 )

Standard and Poor's downgrades Italy banks
	The credit ratings agency Standard and Poor's has downgraded its assessment of almost all of Italy's major banks. The review involves 34 of the 37 banks covered by the agency. Italy's biggest financial institutions, including UniCredit, Intesa Sanpaolo more
BBC News ( 2/10/2012 11:49:56 AM -08:00 )

S&P cuts Egypt's sovereign rating

(AP) CAIRO — Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing declining foreign reserves and continued unrest. The cut is the latest blow to Egypt's economy, which has been badly battered over more

CBS News ( 2/10/2012 11:46:40 AM -08:00 )

UniCredit, Other Italian Banks' Ratings Are Downgraded by S&P
	Enlarge image S&P Downgrades 34 of 37 Italian Banks It Rates S&P Downgrades 34 of 37 Italian Banks It Rates Alessia Pierdomenico/Bloomberg The UniCredit SpA logo sits on the roof of the company's headquarters in Rome. more
Bloomberg ( 2/10/2012 11:17:16 AM -08:00 )

S&P Unconvinced 'Lehman Moment' Is Off The Table: Cuts Italy's Banks

Standard & Poor's is once again sounding the alarm on Italy. Specifically, the questioned credit rating agency downgraded 34 Italian banks including some of the biggest names like Unicredit, Intesa Sanpaolo, and Banco Popolare. more

Forbes ( 2/10/2012 11:13:39 AM -08:00 )

TEXT-S&P affirms UniCredit Bank AG ratings

-- We have lowered our long- and short-term ratings on Italy-Based UniCredit SpA to 'BBB+/A-2' from 'A/A-1' and removed them from CreditWatch negative, where they were placed on Dec. 7, 2011. The stand-alone credit profile for UniCredit is unchanged at more

Reuters ( 2/10/2012 11:07:39 AM -08:00 )

TEXT-S&P revises Italy BICRA to Group '4' from Group '3'

OVERVIEW -- On Jan. 13, 2012, Standard & Poor's lowered its unsolicited long- and short-term sovereign credit ratings on the Republic of Italy to 'BBB+/A-2' from 'A/A-1', assigned a negative outlook, and removed the ratings from CreditWatch negative. more

Reuters ( 2/10/2012 10:21:47 AM -08:00 )

Egypt Credit Rating Cut by S&P Citing Plunge in Foreign Reserves

By Ben Holland Feb. 10 (Bloomberg) -- Egypt's credit rating was downgraded by Standard & Poor's Ratings Service, which cited a plunge in the country's foreign exchange reserves and persistent political instability. S&P lowered the ratings on long-term more

BusinessWeek ( 2/10/2012 9:55:17 AM -08:00 )

Egypt Credit Rating Cut by S&P Citing Plunge in Country's Foreign Reserves

Egypt's credit rating was downgraded by Standard & Poor's, which cited a plunge in the country's foreign reserves and persistent political instability. S&P lowered the ratings on long-term foreign- and local- currency debt to B, five steps below more

Bloomberg ( 2/10/2012 9:34:01 AM -08:00 )

Thousands march against nuclear power in Japan

2012-02-11T02:06:00.000-08:00

Thousands of Japanese people marched against nuclear power Saturday, amid growing worries about the restarting of reactors idled after the March 11 meltdown disaster in northeastern Japan. Holding "No Nukes" signs, people gathered at Yoyogi Park in more

ABC News ( 2/11/2012 2:47:37 AM -08:00 )

Thousands march against nuclear power in Japan amid worries set off by

AP | 20 minutes ago in Thousands of Japanese people marched against nuclear power Saturday, amid growing worries about the restarting of reactors idled after the March 11 meltdown disaster in northeastern Japan. Protesters march with "No Nukes" signs more

Newser ( 2/11/2012 2:01:35 AM -08:00 )

Blatstein: I'll start my own paper

2012-02-11T02:00:00.000-08:00

Developer Bart Blatstein said Friday that his investor group will consider creating its own newspaper and website if it's not allowed to join the bidding for Philadelphia Media Network, parent company of the Daily News, Inquirer, Philly.com and more

Philadelphia Inquirer ( 2/11/2012 2:00:58 AM -08:00 )

Blatstein group: If we can't buy PMN, we'll start a publication

An investor group led by developer Bart Blatstein said Friday that would it explore developing a new digital and print publication should it fail to acquire The Inquirer, Philadelphia Daily News and Philly.com. Blatstein and four partners from the more

Philadelphia Inquirer ( 2/11/2012 12:51:14 AM -08:00 )

Blatstein group: If we can't buy PMN, we might start a publication

By Mike Armstrong An investor group led by the developer Bart Blatstein said Friday it would explore developing a new digital and print publication should it fail to acquire The Inquirer, Philadelphia Daily News, and Philly.com. more

Philadelphia Inquirer ( 2/11/2012 12:05:51 AM -08:00 )

Developer may open rival Philadelphia newspaper

February 10, 2012|Maryclaire Dale, AP A wealthy developer vowed Friday to open a rival newspaper unless he can bid against a former governor for control of The Philadelphia Inquirer and Philadelphia Daily News. Bart Blatstein, who already owns the more

Boston.com ( 2/10/2012 11:41:37 PM -08:00 )

Developer vows to open rival Philadelphia newspaper unless he can bid on

PHILADELPHIA — A wealthy developer vowed Friday to open a rival newspaper unless he can bid against a former governor for control of The Philadelphia Inquirer and Philadelphia Daily News. Bart Blatstein, who already owns the building housing both more

Washington Post ( 2/10/2012 4:12:10 PM -08:00 )

Report: Perelman complains he's being shut out of PMN bidding

Philanthropist Raymond G. Perelman has become the second person to complain about being shut out of the bidding for The Inquirer, the Philadelphia Daily News, and Philly.com, according to the Associated Press. The AP, citing a person close to the more

Philadelphia Inquirer ( 2/10/2012 12:57:24 AM -08:00 )

APNewsBreak: Perelman denied bid on Pa. newspapers

February 09, 2012|Maryclaire Dale, AP Philanthropist Raymond Perelman says he has been “excluded'' from the sale of The Philadelphia Inquirer and the Philadelphia Daily News days after former Gov. Ed Rendell and others announced a play for the company more

Boston.com ( 2/10/2012 12:14:48 AM -08:00 )

APNewsBreak: Perelman says he's been denied bid on Philly newspapers; ex-gov's

PHILADELPHIA — Philanthropist Raymond Perelman says he has been “excluded” from the sale of The Philadelphia Inquirer and the Philadelphia Daily News days after former Gov. Ed Rendell and others announced a play for the company that owns them. more

Washington Post ( 2/9/2012 7:04:55 PM -08:00 )

Blatstein group says it wants to join PMN bidding
	Developer Bart Blatstein and four partners have formed a company to explore purchasing Philadelphia Media Network Inc. (PMN), parent company of The Inquirer, the Philadelphia Daily News and Philly.com, but as of now it is unclear whether his group will more
Philadelphia Inquirer ( 2/9/2012 4:24:13 AM -08:00 )

Developer plans to make bid for Philly newspapers

February 07, 2012|Patrick Walters, AP A wealthy real estate developer said Tuesday he and four partners plan to make an offer to buy the city's two largest newspapers, whose downtown offices he already owns. Bart Blatstein said he plans to pursue an more

Boston.com ( 2/7/2012 11:26:31 PM -08:00 )

Real estate developer says he plans to make cash bid for Philadelphia's 2

PHILADELPHIA — A wealthy real estate developer said Tuesday he and four partners plan to make an offer to buy the city's two largest newspapers, whose downtown offices he already owns. Bart Blatstein said he plans to pursue an acquisition of some or more

Washington Post ( 2/7/2012 4:39:16 PM -08:00 )

Spurned bidders threaten to start a rival newspaper

By Dave Davies The investors whose interest in buying Philadelphia's newspapers has been ignored by the papers' owners say they just may start their own paper. And they say the current owners' suppression of coverage of their venture has so infuriated more

Newsworks.org ( 2/10/2012 3:02:38 PM -08:00 )

Blatstein group says it might start its own online newspaper

If boxed out of bidding for the Inquirer/Daily News ownership, Bart Blatstein says there are plenty of former reporters and editors available for his group to hire to start its own online newspaper. A group of business leaders who wanted to bid on more

Philadelphia Business Journal ( 2/10/2012 1:32:21 PM -08:00 )

AP: Developer considering opening rival Philadelphia newspaper

By Josh Simeone The Associated Press is reporting a developer has shown interest in opening a rival newspaper unless he is able to bid on the Philadelphia Inquirer and Philadelphia Daily News. According to the Associated Press report, Bart Blatstein more

Newsworks.org ( 2/10/2012 1:15:49 PM -08:00 )

This Just In: Blatstein Group Announces Next Steps In Light Of Inky Sale Blockade

PHILLY HOMETOWN MEDIA, LLC, which on Monday, February 6th announced its intention to pursue an acquisition of some or all of the assets of Philadelphia Media Network, Inc. (“PMN”) today set forth its intended plan of action in the event that the PMN more

Philebrity.com ( 2/10/2012 12:47:55 PM -08:00 )

Perelmans Not Allowed To Buy PMN Either
	Raymond Perelman (of the in-construction Perelman Center for Advanced Medicine and tons of other stuff) and his son Ronald (of having billions of dollars) tried to enter the bidding for the Philadelphia Media Network but were denied. more
Philebrity.com ( 2/10/2012 9:46:06 AM -08:00 )

Perelmans shut out of "weird" bidding for PMN

BY DAVID GAMBACORTA The Associated Press reported yesterday that local philanthropist Raymond Perelman and his billionaire son, Ronald, complained in a letter to PMN's board on Wednesday that they were not being allowed to bid on the company, more

Philadelphia Daily News ( 2/10/2012 8:01:04 AM -08:00 )

Perelman not allowed to bid on papers

Billionaire Raymond Perelman, who tried to buy the Philadelphia Inquirer and Daily News the last time they were put up for sale, says he's not being allowed to bid on them this time, the Associated Press reports. "Perelman was told the bidding is more

Philadelphia Business Journal (blog) ( 2/10/2012 2:24:05 AM -08:00 )

Perelman can't bid on papers

PHILADELPHIA — Philanthropist Raymond Perelman has been told he can't challenge a former governor's effort to buy The Philadelphia Inquirer and Philadelphia Daily News. A person close to Perelman told The Associated Press on Thursday that Philadelphia more

Cherry Hill Courier Post ( 2/10/2012 12:12:47 AM -08:00 )

Blatstein Wants to Join the Bidding For Philadelphia Media Networks

Last year, Philadelphia developer Bart Blatstein bought 18-story building that had been home to Philadelphia Media Networks assets including the Inquirer, Daily News and Philly.com. Now Blatstein and four partners have formed a company to explore more

iradiophilly.com ( 2/9/2012 5:40:11 PM -08:00 )

NYSE Sets Road Map as Net Falls

2012-02-11T00:44:00.000-08:00

By JACOB BUNGE The top executive of NYSE Euronext on Friday sought to play down near-term threats to the exchange company's business and direct investors' attention toward renewed growth plans, on the heels of the Big Board's scuttled merger plan with more

Wall Street Journal ( 2/11/2012 12:44:46 AM -08:00 )

Failed Takeover Hurts Results at NYSE Euronext

NYSE Euronext, which was prevented by European regulators last week from merging with Deutsche Börse, reported 19 percent decline in fourth-quarter profit after recording one-time charges related to the takeover and a French tax settlement, more

New York Times ( 2/10/2012 5:33:05 PM -08:00 )

NYSE Euronext Has Contingency Plan For Euro Breakup--CFO

NYSE Euronext (NYX) has drawn up contingency plans for its European markets in the event of an upheaval in the euro currency, a senior executive said Friday. The Big Board parent isn't preparing for an imminent dissolution of the 17-nation currency more

Fox Business ( 2/10/2012 2:49:23 PM -08:00 )

NYSE Euronext looks beyond failed merger

By Pallavi Gogoi AP Business Writer / February 10, 2012 NEW YORK—The parent company of the New York Stock Exchange, after losing a bruising battle with European regulators over merging with a German exchange, says it will focus on expanding high-tech more

Boston.com ( 2/10/2012 2:11:18 PM -08:00 )

NYSE Euronext promises to focus on growth after failed Deutsche Boerse deal

NEW YORK — The parent company of the New York Stock Exchange, after losing a bruising battle with European regulators over merging with a German exchange, says it will focus on expanding high-tech trading and adding services for its clients. more

Washington Post ( 2/10/2012 2:02:58 PM -08:00 )

Summary Box: NYSE Euronext 4th-qtr profit shrinks

(AP) DEAL COSTS: NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse shrank fourth-quarter net income. BLOCKED ASPIRATIONS: CEO Duncan Niederauer said he was "extremely disappointed" with the more

CBS News ( 2/10/2012 1:07:20 PM -08:00 )

Quick View: A NYSE-LCH alliance?

By Jeremy Grant The chief executive of NYSE Euronext revealed on Friday that a team led by Larry Leibowitz, chief operating officer, had been working on a range of initiatives that could be sprung into life if the Deutsche Börse deal failed. more

Financial Times ( 2/10/2012 12:05:46 PM -08:00 )

NYSE sets 'full service' clearing house for London

NYSE Euronext has pledged to make building up a “full service” clearing house in London a priority as the US-exchange operator sought to draw a line under its failed tie-up with Deutsche Börse. Duncan Niederauer, NYSE chief executive, said the group's more

Financial Times ( 2/10/2012 11:03:26 AM -08:00 )

NYSE Sees More Dealmaking In Standalone Strategy

The top executive of NYSE Euronext (NYX) said Friday further dealmaking remains on the table as the Big Board parent looks to bulk up technology and trading services in the wake of its scuttled merger with Deutsche Boerse AG (DB1.XE, DBOEF). more

Fox Business ( 2/10/2012 9:51:53 AM -08:00 )

NYSE Euronext makes growth plans now merger axed

By Luke Jeffs and Kylie MacLellan | LONDON (Reuters) - NYSE Euronext (NYX.N) outlined bold plans on Friday to grow its business through investment in clearing and technology services after regulators nixed the sale of the US exchange to Deutsche Boerse more

Reuters ( 2/10/2012 9:15:58 AM -08:00 )

What's Next for the NYSE?

NYSE chief Duncan Niederauer will outline the exchange's strategy following the collapse of the merger with Deutsche Börse AG, Jacob Bunge reports on Markets Hub. more

The Wall Street Journal Digital Network ( 2/10/2012 8:56:09 AM -08:00 )

Earnings Roundup: NYX ,LNKD

NYSE Euronext (NYX) announced that its fourth quarter profit dropped, mainly do to $46 million in costs related to the failed Deutsche Boerse merger. The company earned $110 million, or 43 cents per share, versus a profit of $135 million, more

Forbes ( 2/10/2012 8:40:33 AM -08:00 )

Technology services boost NYSE Euronext profit
	LONDON — NYSE Euronext (NYX.N) posted quarterly operating profit at the top end of expectations with a 13 per cent rise helped by strong information and technology services, an area the US group is now looking to as a growth driver. more
Oman Daily Observer ( 2/10/2012 8:22:22 AM -08:00 )

NYSE Profit Falls After $38 Million in Deutsche Boerse Costs

By Nandini Sukumar Feb. 10 (Bloomberg) -- NYSE Euronext, which was prevented last week from merging with Deutsche Boerse AG, reported a 19 percent drop in fourth-quarter profit after one-time charges related to the takeover and a French tax settlement. more

BusinessWeek ( 2/10/2012 6:13:01 AM -08:00 )

NYSE Euronext Profit Falls on Merger Costs, Exceeding Analyst Estimates

NYSE Euronext, which was prevented last week from merging with Deutsche Boerse AG (DB1) by European regulators, reported 19 percent drop in fourth-quarter profit after one-time charges related to the takeover and a French tax settlement. more

Bloomberg ( 2/10/2012 5:51:13 AM -08:00 )

NYSE Euronext eyes new sectors for growth

By Luke Jeffs and Kylie MacLellan | LONDON (Reuters) - NYSE Euronext (NYX.N) signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the US exchange looks to an independent future following more

Reuters ( 2/10/2012 5:24:57 AM -08:00 )

Euronext profits rise, takes hit on failed German merger

PARIS: NYSE Euronext, fresh from announcing the end of a major tie-up with Deutsche Boerse, said on Friday its 2011 net profit rose 4.3 percent to $602 million and planned to boost earnings this year. Euronext, which operates the New York Stock more

Economic Times ( 2/10/2012 4:59:51 AM -08:00 )

NYSE Euronext profits hit by cost of failed merger
	Profits at NYSE Euronext have been hit by the collapse of its planned merger with Deutsche Boerse. It reported a fall in fourth quarter net income of 19% to $110m (£70m). Last week European officials blocked the deal with Deutsche Boerse, more
BBC News ( 2/10/2012 2:35:44 AM -08:00 )

NYSE Euronext profit down on blocked merger costs

(AP) PARIS — NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse caused a slump in fourth quarter earnings. The company, which owns the main exchanges in New York and Paris among others, more

CBS News ( 2/10/2012 2:17:23 AM -08:00 )

NYSE Euronext posts 19 pct fall in Q4 profit on costs related to failed

By AP | February 10, 2012 A board on the floor of the New York Stock Exchange shows the NYSE Euronext logo, Wednesday, Feb. 1, 2012. The European Union on Wednesday blocked the Deutsche Boerse's planned merger with NYSE Euronext, a $10 billion deal more

CanadianBusiness.com ( 2/10/2012 12:43:36 AM -08:00 )

Summary Box: Alcatel-Lucent posts 2011 profit

2012-02-11T00:12:00.000-08:00

February 10, 2012|AP FIRST PROFIT: Telecommunications equipment maker Alcatel-Lucent said Friday that years of cost-cutting helped it make an annual profit in 2011, its first since its trans-Atlantic merger in 2006. THE NUMBERS: The Paris-based company more

Boston.com ( 2/11/2012 12:12:10 AM -08:00 )

Alcatel-Lucent patents 'could make millions'

ALCATEL-LUCENT, the latest technology company to announce plans to make money from its patents, may generate several hundred million euros this year alone from its trove of 29000 rights, according to its chief financial officer Paul Tufano. more

Irish Times ( 2/10/2012 4:36:37 PM -08:00 )

Alcatel signs IP deal and pledges higher margins

By Leila Abboud | PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent (ALUA.PA) promised improved margins in 2012 after inking an intellectual property deal expected to generate substantial new revenue. The Franco-American group, more

Reuters ( 2/10/2012 2:01:26 PM -08:00 )

Alcatel Soars 13% On Q4 Beat; Restructuring Bears Fruit

By Tiernan Ray Shares of Alcatel-Lucent (ALU) are up 25 cents, or 13%, at $2.19 after the company this morning reported Q4 revenue and earnings per share ahead of the consensus and said it may slash as many as 1800 jobs in a reorganization of its more

Barron's (blog) ( 2/10/2012 11:03:02 AM -08:00 )

Alcatel Rises on Profit Forecast, Patents Strategy: Paris Mover

By Marie Mawad Feb. 10 (Bloomberg) -- Alcatel-Lucent, France's largest telecommunications-equipment supplier, rose the most in a year in Paris after forecasting higher profit margins and announcing a plan to boost cash from its trove of 29000 patents. more

BusinessWeek ( 2/10/2012 11:00:15 AM -08:00 )

Alcatel-Lucent rises on higher profit forecast
	By Bloomberg News Simon Dawson/BloombergBen Verwaayen, chief executive officer of Alcatel-Lucent. The Paris-based company, which has a large campus in Murray Hill, expects strong profit for the coming year. Alcatel-Lucent, France's largest more
The Star-Ledger - NJ.com ( 2/10/2012 10:45:32 AM -08:00 )

Alcatel-Lucent dispels free cash flow fears

By James Boxell in Paris Ben Verwaayen, chief executive of Alcatel-Lucent, sounded a rare note of optimism for the beleaguered telecoms equipment sector as he predicted that the long-struggling company would generate “strong” levels of cash this year. more

Financial Times ( 2/10/2012 10:40:18 AM -08:00 )

Alcatel-Lucent Shares Soar on Profit Jump

By NADYA MASIDLOVER And MAX COLCHESTER PARIS—Alcatel-Lucent SA said Friday it swung to a full-year profit for the first time in its history and posted a positive cash flow in the fourth quarter, sending its shares soaring. more

Wall Street Journal ( 2/10/2012 9:53:27 AM -08:00 )

Alcatel-Lucent Shares Soar On Profit Jump, Patent Innovation

Alcatel-Lucent (ALU) said Friday it swung to a full-year profit for the first time in its history and posted a positive cash flow in the fourth quarter, sending its shares soaring. The telecommunications equipment maker said net profit rose to EUR1.1 more

Fox Business ( 2/10/2012 9:26:04 AM -08:00 )

Alcatel Patent Deal to Deliver Several Hundred Million Euros

Feb. 10 (Bloomberg) -- Alcatel-Lucent, France's largest telecommunications-equipment supplier, will generate several hundred million euros of revenue from its 29000 patents, Chief Financial Officer Paul Tufano said in an interview. more

BusinessWeek ( 2/10/2012 8:09:37 AM -08:00 )

Alcatel-Lucent reports rising profit on falling revenue

By Mikael Ricknas IDG News Service - Telecommunication equipment maker Alcatel-Lucent reported a profit for the fourth quarter, but revenue fell 12.9 percent year-on-year as the company continues to face a challenging market, it said on Friday. more

Computerworld ( 2/10/2012 7:11:30 AM -08:00 )

Alcatel Shares Soar As Q4 Profits Top Street Expectations

For the period, the company reported revenue of 4.256 billion Euros, a hair below the Street at 4.276 billion. Revenues were up 12.1% sequentially but down 12.5% year-over-year; on a constant currency basis revenues were up 9.5% sequentially, more

Forbes ( 2/10/2012 6:28:36 AM -08:00 )

Alcatel-Lucent returns to profit in 2011

(AP) PARIS — Telecommunications equipment maker Alcatel-Lucent said Friday that years of cost-cutting helped it make an annual profit in 2011, its first since its trans-Atlantic merger in 2006. The Paris-based company reported a net profit of 𔚹.1 more

CBS News ( 2/10/2012 5:31:26 AM -08:00 )

Alcatel-Lucent unveils first profit of $1.33 bn in six years

PARIS: French telecommunications equipment maker Alcatel-Lucent caught investors by surprise on Friday with a 2011 profit of more than a billion euros ($1.33 billion), its first positive result in six years. In 2010 the group had posted a loss of 334 more

Economic Times ( 2/10/2012 4:08:46 AM -08:00 )

Alcatel Patent Deal to Deliver Several Hundred Million Euros, Tufano Says
	Play Video Alcatel-Lucent (ALU), the latest technology company to announce plans to make money from its patents, may generate several hundred million euros this year alone from its trove of 29000 rights, Chief Financial Officer Paul Tufano said in an more
Bloomberg ( 2/10/2012 3:57:14 AM -08:00 )

Alcatel Lucent shares jump on profit outlook

Shares in telecoms equipment maker Alcatel Lucent have jumped 20% after it reported an annual profit and said it was targeting better profit margins. The firm posted a 1bn euro ($1.3bn; £840m) profit for 2011, compared with a 334m euro loss in 2010. more

BBC News ( 2/10/2012 12:35:43 AM -08:00 )

Alcatel-Lucent reports profit of EUR1.1 bln in '11

By Max Colchester PARIS (MarketWatch) -- Alcatel-Lucent SA Friday said it made a profit in 2011 and a positive cash flow in the fourth quarter, amid doubts over whether the telecom equipment maker will ever prove consistently profitable. more

MarketWatch ( 2/9/2012 11:36:09 PM -08:00 )

Alcatel-Lucent Forecasts Higher Margin After First Profit in Six Years
	Enlarge image Alcatel Predicts Higher Profit Margins After Ending Losses Alcatel Predicts Higher Profit Margins After Ending Losses Andrew Harrer/Bloomberg Alcatel-Lucent, which will offer access to its patents through a licensing syndicate, more
Bloomberg ( 2/9/2012 10:57:31 PM -08:00 )

Alcatel-Lucent posts 20 pct drop in Q4 op profit

| PARIS Feb 10 (Reuters) - Telecom gear maker Alcatel-Lucent was hit by slower spending by US operators in the fourth quarter, causing its revenue and margins to slip and delaying a long-awaited turnaround. The Franco-American group, which competes more

Reuters ( 2/9/2012 10:53:54 PM -08:00 )

Alcatel to Rearrange Work Force, Including Bringing Back Outsourced Jobs

By MAX COLCHESTER and NADYA MASIDLOVER PARIS—Alcatel-Lucent SA plans to reorganize its European work force in a move that union officials said eventually could mean the loss of 1800 positions. Striving to return to consistent profit in a weak European more

Wall Street Journal ( 2/9/2012 6:50:13 PM -08:00 )

First Solar Inc.

2012-02-11T00:08:00.000-08:00

First Solar slumped after it warned that a construction delay threatens to undo its sale of a large project planned for Los Angeles County. The company said in a filing that the delay is blocking the distribution of funds from a US loan guarantee to more

Boston Globe ( 2/11/2012 12:08:07 AM -08:00 )

California Solar Deal Hits a Snag

By YULIYA CHERNOVA and CASSANDRA SWEET A $1.36 billion government-backed deal for a Southern California solar farm has hit a snag and could be days from unraveling, all due to a local construction permit. First Solar Inc., one of the world's largest more

Wall Street Journal ( 2/10/2012 7:42:42 PM -08:00 )

First Solar Slides on Financing Delay, Downgrade: Chicago Mover

By Christopher Martin Feb. 10 (Bloomberg) -- First Solar Inc., the biggest maker of thin-film solar panels, fell the most in almost two months after permitting issues delayed a US loan guarantee for a power plant in California and an analyst at Collins more

BusinessWeek ( 2/10/2012 3:02:16 PM -08:00 )

First Solar project loan delay hits stock

First Solar said the US Department of Energy has not yet released loan funds for a giant California solar project because of a delay in receiving a construction permit, sending its shares down as much as 11 percent. The delay in the DOE loan guarantee more

Chicago Tribune ( 2/10/2012 2:10:33 PM -08:00 )

Construction permit delay may reverse sale of large solar project to Exelon

NEW YORK — First Solar is warning that a construction delay threatens to undo its sale of a large solar project planned for Los Angeles County to power producer Exelon Corp. The company said in a filing with the Securities and Exchange Commission on more

Washington Post ( 2/10/2012 1:08:06 PM -08:00 )

Feds hold up loan for large California solar-energy farm, First Solar stock

By Krishna N Das First Solar said the US Department of Energy has not released loan funds for a big California solar project because of construction permit issues, sending its shares down as much as 11 percent. The DOE loan delay threatens to cancel a more

San Jose Mercury News ( 2/10/2012 12:14:30 PM -08:00 )

First Solar project hits loan snag, shares fall

By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — First Solar Inc. shares fell sharply Friday after the company said the US Department of Energy declined to release funding for its 230-megawatt Antelope Valley Solar Ranch near Los Angeles until it more

MarketWatch ( 2/10/2012 11:31:34 AM -08:00 )

Exelon Says $1.36 Billion Deal With First Solar Hits Delay

SAN FRANCISCO – Exelon Corp. (EXC) said Friday that a $1.36 billion solar-power plant deal with First Solar Inc. (FSLR) has hit a delay, stemming from problems with the project's federal loan guarantee and a construction permit that the company said it more

Fox Business ( 2/10/2012 11:30:35 AM -08:00 )

First Solar shares plunge

By Steve Hargreaves @CNNMoneyMarkets February 10, 2012: 12:35 PM ET NEW YORK (CNNMoney) -- Shares in First Solar fell nearly 9% Friday after the solar panel maker and project developer reported a delay in funding for a massive solar farm the company is more

CNN ( 2/10/2012 9:24:38 AM -08:00 )

FSLR: Collins Stewart Says Hold; UBS Ups Target to $49.50

By Tiernan Ray Shares of solar energy technology provider First Solar (FSLR) are down $3.94, or 8%, at $45.09 after the company late yesterday revealed that the time frame to obtain government funds for one of its projects in the US has been pushed out more

Barron's (blog) ( 2/10/2012 8:22:42 AM -08:00 )

First Solar Off; Big DOE Loan Issue; Analyst Cuts Rating

First Solar shares are down sharply on news that the Department of Energy has delayed funding a $646 million federal loan for the Antelope Valley Solar Ranch project the company is building in northern Los Angeles County, California, for Exelon. more

Forbes ( 2/10/2012 8:03:12 AM -08:00 )

Exxon Mobil, First Solar, Arch damp energy stocks

By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — Energy stocks with the broader US equities market Friday, with First Solar Inc. and Arch Coal Inc. trading particularly weak. Stocks fell as concerns over whether Greece will be able to receive more

MarketWatch ( 2/10/2012 7:20:04 AM -08:00 )

First Solar Falls on Energy Department Loan Delay, Downgrade

First Solar Inc. (FSLR), the biggest maker of thin-film solar panels, fell the most in almost two months after permitting issues delayed a US loan guarantee for a power plant in California and an analyst at Collins Stewart LLC downgraded the shares. more

Bloomberg ( 2/10/2012 6:36:57 AM -08:00 )

DOE Loan Curse: First Solar Latest To Face Funding Delay
	Green technology companies last year scrambled to nail down billions of dollars in federal loan guarantees to build solar power plants, wind farms and electric car factories before the program expired. Be careful of what you wish for. more
Forbes ( 2/10/2012 6:31:37 AM -08:00 )

First Solar's federal loan guarantee in trouble again

Feb 10 (Reuters) - First Solar Inc said the US Department of Energy is yet to release funds under a loan program of up to $646 million for the Antelope Valley Solar Ranch One project over a construction permit issue. If initial funding does not come more

Reuters Africa ( 2/10/2012 4:54:49 AM -08:00 )

Construction delay may stop solar sale

First Solar is warning that a construction delay threatens to undo its sale of a large solar project planned for Los Angeles County to power producer Exelon Corp. First Solar is warning that a construction delay threatens to undo its sale of a large more

TheNewsTribune.com ( 2/11/2012 12:24:11 AM -08:00 )

Funding Delay Hurts First Solar

First Solar shares plummeted almost 9% today following a funding delay for a solar plant in California. In an SEC filing, the thin-film solar panel maker reported the first round of financing it was expecting under a $646-million loan guarantee backed more

Solar Novus Today ( 2/10/2012 1:55:08 PM -08:00 )

First Solar Shares Got Crushed: What You Need to Know

By Travis Hoium, The Motley Fool Posted 4:18PM 02/10/12 Investing Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. more

DailyFinance ( 2/10/2012 1:39:37 PM -08:00 )

First Solar (FSLR) Shares Drop on Downgrade and Loan Issues

David Huber worked primarily in the radio business in the early 90s and was the News Director of KIXS-KLUB from 1995-1996. Over the past decade, David has taught English in the United States Embassy in Mexico City, and has also been a translation more

IRA ( 2/10/2012 11:58:55 AM -08:00 )

First Solar Snag, The Bad News Gets Worse (FSLR, EXC, TAN)

First Solar, Inc. (NASDAQ: FSLR) is being pounded on news that Exelon Corporation (NYSE: EXC) is delaying a $1.36 billion purchase of a California solar farm from First Solar. For a sector which cannot catch a break, this is not what the solar players more

24/7 Wall St. ( 2/10/2012 11:22:54 AM -08:00 )

Int'l Paper can proceed with Temple-Inland buyout

2012-02-11T00:07:00.000-08:00

February 10, 2012|AP International Paper Inc. will be allowed to go ahead with its $3.7 billion acquisition of smaller rival Temple-Inland Inc. after reaching a settlement with the Justice Department's antitrust division. more

Boston.com ( 2/11/2012 12:07:05 AM -08:00 )

DOJ Clears International Paper's Purchase Of Temple-Inland

International Paper Co. (IP) will sell three containerboard mills under an antitrust agreement with the US Department of Justice that allows the company to complete the $3.4 billion purchase of rival Temple-Inland Inc. (TIN). more

Fox Business ( 2/10/2012 1:20:16 PM -08:00 )

International Paper Takeover Gets Conditional US Approval

By Christopher Donville and Jeff Bliss Feb. 10 (Bloomberg) -- International Paper Co., the world's largest pulp and paper producer, won US antitrust approval for its $3.7 billion takeover of Temple-Inland Inc. on condition it sell three containerboard more

BusinessWeek ( 2/10/2012 11:46:42 AM -08:00 )

International Paper-Temple Inland deal gets antitrust approval

By Ernest Scheyder and Jeremy Pelofsky (Reuters) - International Paper Co (IP.N) has won US antitrust approval to buy rival Temple-Inland Inc (TIN.N) for $3.7 billion on the condition it divests three corrugated packaging mills, the US Justice more

Reuters ( 2/10/2012 11:15:14 AM -08:00 )

Int'l Paper can proceed with Temple-Inland buyout after settlement with DOJ

MEMPHIS, Tenn. — International Paper Inc. will be allowed to go ahead with its $3.7 billion acquisition of smaller rival Temple-Inland Inc. after reaching a settlement with the Justice Department's antitrust division. The settlement announced Friday more

Washington Post ( 2/10/2012 10:54:08 AM -08:00 )

International Paper Gets Conditional Approval to Buy Temple

By Christopher Donville Feb. 10 (Bloomberg) -- International Paper Co., the world's largest pulp and paper maker, won conditional approval from US antitrust regulators for its $3.7 billion takeover of Temple- Inland Inc. International Paper will sell more

BusinessWeek ( 2/10/2012 10:37:23 AM -08:00 )

Paper Merger Clears Antitrust Hurdle

By BRENT KENDALL WASHINGTON—The Justice Department on Friday gave antitrust clearance to the merger of International Paper Co. and Temple-Inland Inc. on the condition the companies shed three containerboard mills. The Justice Department filed a more

Wall Street Journal ( 2/10/2012 10:07:55 AM -08:00 )

International Paper, Temple-Inland Announce Settlement Agreement With

MEMPHIS, Tenn., Feb. 10, 2012 /PRNewswire via COMTEX/ -- International Paper Company /quotes/zigman/230211/quotes/nls/ip IP +1.18% and Temple-Inland Inc. /quotes/zigman/242933/quotes/nls/tin TIN +0.38% today announced that they have reached an more

MarketWatch (press release) ( 2/10/2012 8:47:20 AM -08:00 )

International Paper told it can buy rival

By Chuck Stinnett International Paper Inc. got the green light from federal antitrust regulators Friday to proceed with the acquisition of rival Temple-Inland Inc., but it's possible that IP's recycling mill in Henderson will be sold as a result. more

Evansville Courier & Press ( 2/10/2012 9:32:49 PM -08:00 )

Feds greenlight $3.7 billion Temple-Inland sale

As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. By Barry Harrell Federal regulators have agreed to a settlement deal that greenlights the $3.7 billion sale of more

Austin American-Statesman ( 2/10/2012 6:14:16 PM -08:00 )

CORRECT: DOJ Clears International Paper's Purchase Of Temple Inland

("CORRECT: UPDATE: DOJ Clears International Paper's Purchase Of Temple-Inland" at 4:08 pm EST misspelled the name of the IP's Hueneme, Calif., plant in the ninth paragraph. The corrected version is as follows:) By Bob Tita International Paper Co. more

NASDAQ ( 2/10/2012 4:10:42 PM -08:00 )

USDOJ: Justice Department Requires Mill Divestitures in International Paper's

WASHINGTON — The Department of Justice announced today that it will require International Paper Company and Temple-Inland Inc. to divest three containerboard mills in order to proceed with their $4.3 billion merger. The department said that the merger, more

7thSpace Interactive (press release) ( 2/10/2012 1:57:50 PM -08:00 )

Department of Justice signs off on International Paper's purchase of Temple-Inland

After rejecting a bid in June, Temple-Inland stockholders overwhelmingly approved a $4.3 billion merger agreement with Memphis-based International Paper during a December meeting. Posted: Friday, February 10, 2012 1:29 pm | Updated: 1:46 pm, more

Lufkin Daily News ( 2/10/2012 11:57:32 AM -08:00 )

Paper Companies Merger Gets DoJ Approval (IP, TIN)

The $4.3 billion merger between paper and packaging giants International Paper Inc. (NYSE: IP) and Temple-Inland Inc. (NYSE: TIN) has won approval from the US Department of Justice. The DoJ did require that the combined companies shed some assets, more

24/7 Wall St. ( 2/10/2012 11:22:55 AM -08:00 )

IP-Temple Merger Gets DOJ Approval

By Bill Dries The anti-trust division of the US Department of Justice has reached an agreement on the merger of International Paper Co. and Temple-Inland Inc. in a federal court consent decree that involves the sale of three paper mills. more

Memphis Daily News ( 2/10/2012 11:16:55 AM -08:00 )

International Paper, Temple-Inland Merger Gets Conditional Approval Of DOJ

(RTTNews.com) - US Department of Justice Friday approved the merger of International Paper Co. (IP) and Temple-Inland Inc. (TIN), on a condition that the companies will divest three containerboard mills. The approval represents an important regulatory more

NASDAQ ( 2/10/2012 10:56:59 AM -08:00 )

International Paper to sell two facilities in California, one in Tennessee

Under the agreement, International Paper will divest 970000 tons of its containerboard mill capacity by selling its facility in Hueneme, Calif. It will also sell existing Temple-Inland facilities in Ontario, Calif., and New Johnsonville, Tenn. more

Bizjournals.com ( 2/10/2012 9:47:44 AM -08:00 )

Intl' Paper, Temple-Inland Settle With DOJ - Quick Facts

(RTTNews.com) - International Paper Co. (IP) and Temple-Inland Inc. (TIN) announced that they have reached an agreement with the Antitrust Division of the US Department of Justice or DOJ with respect to International Paper's acquisition of more

NASDAQ ( 2/10/2012 9:16:26 AM -08:00 )

Memphis-based International Paper gets Justice Department approval to acquire

By Toby Sells International Paper plans to close on its $4.4 billion deal with competitor Temple-Inland next week, and what happens next is nothing new for IP, a company built from many companies. The Justice Department approved the deal Friday, more

Memphis Commercial Appeal ( 2/10/2012 9:07:50 AM -08:00 )

UPDATE: International Paper, Temple-Inland Announce Settlement Agreement With

By Eddie Staley International Paper Company (NYSE: IP) and Temple-Inland Inc. (NYSE: TIN) today announced that they have reached an agreement with the Antitrust Division of the US Department of Justice with respect to International Paper's acquisition more

Benzinga ( 2/10/2012 8:50:57 AM -08:00 )

Treasury Yield Gap Narrows as Greek Debt Debate Damps Outlook

2012-02-10T22:24:00.000-08:00

By Daniel Kruger and Susanne Walker Feb. 11 (Bloomberg) -- The difference between yields on Treasuries due in 10 and 30 years narrowed for the first time in three weeks amid concern European leaders have not taken enough steps to contain the region's more

BusinessWeek ( 2/10/2012 10:24:02 PM -08:00 )

Setback in Greek deal sends investors into bonds

NEW YORK—The latest setback in Greece's efforts to avoid defaulting on its debt sent investors rushing back into US Treasurys Friday. The yield on the benchmark 10-year Treasury note fell back below 2 percent as its price rose 56 cents per $100 more

Boston.com ( 2/10/2012 4:35:53 PM -08:00 )

Treasuries Rise as European Ministers Withhold Greek Aid Package

Feb. 10 (Bloomberg) -- Treasuries rose for the first time in four days European finance ministers withheld a rescue package for Greece pending the nation's approval of fiscal austerity measures. Investors sought the relative safety of US debt as stocks more

San Francisco Chronicle ( 2/10/2012 2:59:41 PM -08:00 )

Corporate Bonds Weaken As Euro Zone Rejects Greek Proposal

NEW YORK – The bond markets' reaction to Greek political leaders finding agreement on austerity measures was muted Thursday, but news that euro-zone finance ministers rejected the measures sparked a morning selloff Friday, and bonds didn't recover the more

Fox Business ( 2/10/2012 2:40:12 PM -08:00 )

CREDIT MARKETS: Treasurys Up On Greece Jitters, Corporates Soften

NEW YORK (Dow Jones)--Treasurys staged a recovery amid jitters about the Greek debt restructuring, while US corporate bonds softened on fears that the rally could be hurt by negative headlines coming out of Europe. The Markit CDX North American more

Wall Street Journal ( 2/10/2012 2:18:08 PM -08:00 )

TREASURIES-Bonds up on Greece doubt; data focus next week

* Bonds rally on worries over Greece bailout * Greece creditors want more fiscal cuts to release aid * Fed buys $1.39 bln TIPS for Operation Twist By Ellen Freilich NEW YORK, Feb 10 (Reuters) - US government debt prices jumped on Friday as fear Greece more

Reuters ( 2/10/2012 1:11:28 PM -08:00 )

Treasurys Stage Rebound

By CYNTHIA LIN NEW YORK—The endless Greek drama helped Treasurys stage a healthy comeback, although the gains weren't quite enough to offset a week's worth of selling and mediocre auctions. Despite a growing list of reasons to discard low-yielding more

Wall Street Journal ( 2/10/2012 1:05:44 PM -08:00 )

Treasurys Rebound As Euro Anxieties Resurface

By Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The endless Greek drama helped Treasurys stage a healthy comeback Friday, although the gains weren't quite enough to offset a week's worth of selling and mediocre auctions. more

Wall Street Journal ( 2/10/2012 12:53:01 PM -08:00 )

Bonds rally on worries over Greece bailout

By Richard Leong | NEW YORK (Reuters) - US government debt prices jumped on Friday as demand for steeper fiscal cuts from Greece's creditors rekindled fears the nation might not clinch needed aid to avoid a messy default and spurred a flight to more

Reuters ( 2/10/2012 11:00:33 AM -08:00 )

TREASURIES-Bonds rally on worries over Greece bailout

* Greece creditors want more fiscal cuts to release aid * US trade gap grew in Dec, consumer morale fell in Jan * Fed buys $1.39 bln TIPS for Operation Twist By Richard Leong NEW YORK, Feb 10 (Reuters) - US government debt prices jumped on Friday as more

Reuters ( 2/10/2012 9:31:09 AM -08:00 )

TREASURIES-Bonds jump on worries over Greek bailout

* Greece creditors want more fiscal cuts to release aid * US consumer sentiment data on tap * Fed to purchase up to $1.5 bln in long-dated TIPS By Richard Leong NEW YORK, Feb 10 (Reuters) - US government debt prices jumped on Friday as demand for more

Reuters ( 2/10/2012 6:16:17 AM -08:00 )

TREASURIES-30-year bonds up 1 point on Greece worries

| NEW YORK Feb 10 (Reuters) - Prices on US 30-year Treasury bonds rose more than 1 point on Friday as Greece's creditors demanded more government budget cuts, which could scuttle the nation's attempt to receive fresh aid to avoid a disorderly default. more

Reuters ( 2/10/2012 4:53:19 AM -08:00 )

TREASURIES-US bonds edge up on caution over Greece

| TOKYO Feb 10 (Reuters) - Treasury prices rose in Asia on Friday, as investors looked beyond Greece's initial success in securing a reform deal to uncertainties over its implementation. * While Greece's leaders agreed on an austerity plan in order to more

Reuters ( 2/9/2012 9:47:02 PM -08:00 )

Treasuries Set for Second Weekly Loss on Greek Agreement

By Mariko Ishikawa and Wes Goodman Feb. 10 (Bloomberg) -- Treasuries headed for a second weekly loss after Greece announced a deal on austerity measures required to secure a second bailout package, sapping demand for the safety of US government more

BusinessWeek ( 2/9/2012 6:10:19 PM -08:00 )

Fed's 'Operation Twist' Tangles Treasury Trade

By MIN ZENG One of the goals of Operation Twist, which was implemented in October, was to push investors out of Treasurys and into riskier assets such as stocks. Under the policy, the Federal Reserve, led by Chairman Ben Bernanke, is buying Treasury more

Wall Street Journal ( 2/9/2012 5:32:19 PM -08:00 )

Treasurys fall on Greek deal, weak bond auction

Demand for Treasurys weakened after Greece moved closer to a deal that would prevent the country from defaulting on its debt. The yield on the benchmark 10-year Treasury note rose to 2.04 percent from 1.99 percent late Wednesday. more

BusinessWeek ( 2/9/2012 2:57:46 PM -08:00 )

CREDIT MARKETS: Action Muted As Participants Weigh Greece Deal, Jobs Data

By DOW JONES NEWSWIRES Action in credit markets was subdued Thursday as participants weighed Greece's economic reform deal as well as signs of continued improvement in the US labor market. A few companies opted to sell debt in the corporate bond market more

Wall Street Journal ( 2/9/2012 2:43:07 PM -08:00 )

Treasury Yields Rise

By CYNTHIA LIN NEW YORK—Thursday's events gave investors little reason to love Treasurys, lifting yields to their highest levels in weeks. Greece came through with a long-awaited economic reform deal. The US said there are less workers filing for more

Wall Street Journal ( 2/9/2012 2:14:01 PM -08:00 )

Munis Mixed, Treasuries Tumble

By Michael Aneiro It was a tale of two markets for munis Thursday, as short-dated bonds saw some modest price gains while longer-dated ones succumbed to the day's slump in Treasuries bonds. Progress in Greece's debt restructuring gave investors cause more

Barron's (blog) ( 2/9/2012 1:55:16 PM -08:00 )

OUTLOOK-US Treasuries fall as Greek deal damps demand for safety

* Greece signs austerity package to get new bailout * New US jobless claims fall in latest week * US 30-yr bonds sold in last auction of the week * Fed bought $4.35 billion in longer-dated debt By By Ellen Freilich NEW YORK, Feb 9 (Reuters) - US more

Reuters ( 2/9/2012 1:40:30 PM -08:00 )

NY leads 11 states in suing EPA over soot rules

2012-02-10T22:17:00.000-08:00

New York and 10 other states filed a lawsuit Friday designed to force the US Environmental Protection Agency to issue new regulations on soot pollution. New York Attorney General Eric Schneiderman said the lawsuit filed in US District Court in more

Boston.com ( 2/11/2012 12:02:21 AM -08:00 )

EPA Is Sued Over Delays in Soot Standards

Eleven states sued the Environmental Protection Agency on Friday over its delays in tightening air quality standards involving soot. The Obama administration has faced intense opposition to the stricter regulations from industry and Republicans, more

New York Times ( 2/10/2012 8:28:49 PM -08:00 )

EPA Sued by 11 States to Enforce Standards Limiting Soot

By Phil Milford and Don Jeffrey Feb. 10 (Bloomberg) -- New York, California and nine other states sued to enforce clean air standards after the US Environmental Protection Agency failed to meet a deadline to reduce pollution from soot. more

BusinessWeek ( 2/10/2012 3:31:47 PM -08:00 )

States Sue EPA Over Delayed Soot Rules

By MIREYA NAVARRO The Obama administration, already contending with a lawsuit from health and environmental groups arguing that ozone pollution standards are inadequate, now faces another suit over soot. Eleven states, including New York and California more

New York Times (blog) ( 2/10/2012 3:06:38 PM -08:00 )

EPA sued by 11 US states over soot pollution

* EPA said to miss deadline to review air quality standards * States seek court order mandating review * Soot emitted by power plants, diesel vehicles By Jonathan Stempel Feb 10 (Reuters) - Eleven states, including California and New York, more

Reuters ( 2/10/2012 3:01:56 PM -08:00 )

RI, 10 other states sue EPA over soot rules

PROVIDENCE, RI—Rhode Island has joined 10 other states in a lawsuit designed to force the US Environmental Protection Agency to issue new regulations on soot pollution. Rhode Island Attorney General Peter Kilmartin says the lawsuit was filed Friday in more

Boston.com ( 2/10/2012 9:27:15 AM -08:00 )

Oregon among 11 states suing EPA over soot

By AP NEW YORK — New York and 10 other states, including Oregon, filed a lawsuit Friday designed to force the US Environmental Protection Agency to issue new regulations on soot pollution. New York Attorney General Eric Schneiderman said the lawsuit more

The Register-Guard ( 2/11/2012 1:47:29 AM -08:00 )

Md. Among 11 States Suing EPA Over Soot Rules
	NEW YORK (AP) — New York and 10 other states have filed a lawsuit designed to force the US Environmental Protection Agency to issue new regulations on soot pollution. New York Attorney General Eric Schneiderman says the lawsuit filed Friday in US more
CBS Local ( 2/10/2012 6:12:04 PM -08:00 )

NY, Coalition Sue EPA Air Quality Standards For Soot

By North Country Gazette On February 10, 2012 · Leave a Comment NEW YORK – Leading a coalition of 11 states, the New York State Attorney General's Office filed a lawsuit Friday to compel the federal Environmental Protection Agency (EPA) to promptly more

North Country Gazette ( 2/10/2012 5:48:06 PM -08:00 )

Schneiderman v soot

Attorney General Eric Schneiderman, along with AGs in several other states, is suing the EPA over what he contends is the federal agency's failure to update pollution regulations regarding discharges of soot. Leading a coalition of 11 states, more

Albany Times Union (blog) ( 2/10/2012 12:28:22 PM -08:00 )

Schneiderman Sues EPA Over Soot
	By David Freedlander 2/10 2:51pm The Obama administration's efforts to bring Eric Schneiderman into the fold do not seem to be deterring the New York attorney general. Today Mr. Schneiderman filed a lawsuit along with 10 other states to compel the more
Politicker ( 2/10/2012 11:52:25 AM -08:00 )

EPA cautions Ghanaians on noise pollution

Mr Samuel Anku, Director of Inter Sector Networks of the Environmental Protection Agency (EPA), has appealed to Ghanaians to observe guidelines regarding noise production. “The rampant increase in noise making, especially in the capital city is more

Vibe Ghana ( 2/10/2012 8:49:11 AM -08:00 )

NEW: AG Kilmartin Joins 10 States in Suing EPA to Force Soot Standards
	Attorney General Peter F. Kilmartin has RI joined with 10 other states in filing a lawsuit to force the federal Environmental Protection Agency (EPA) to issue rules against soot. The coalition took legal action after the EPA failed to meet an October more
GoLocalProv ( 2/10/2012 8:08:27 AM -08:00 )

Regulators Close Two Banks; US Bank Closures Reach 9 In 2012

2012-02-10T21:42:00.000-08:00

On Friday, February 10, 2012 the FDIC shifted bank closure activity from the South to the center of the country this week failing Charter National Bank and Trust in Hoffman Estates, Illinois and SCB Bank of Shelbyville, Indiana. more

Huffington Post ( 2/10/2012 10:35:26 PM -08:00 )

Regulators close small banks in Illinois, Indiana, for total of 9 bank

WASHINGTON — Regulators on Friday closed small banks in Illinois and Indiana, increasing to nine the number of US bank failures this year, a slower pace than in 2011, when there were 92 bank closures. The number of closures already had dropped sharply more

Washington Post ( 2/10/2012 5:52:58 PM -08:00 )

Banks closed in Ill, Ind; makes 9 failures in 2012

Regulators have closed small banks in Illinois and Indiana, increasing to nine the number of US bank failures this year, a slower pace than in 2011, when there were 92 bank closures. The Federal Deposit Insurance Corp. on Friday seized Charter National more

BusinessWeek ( 2/10/2012 5:11:03 PM -08:00 )

Regulators Close Illinois, Indiana Banks; 2012 Tally Up To 9

Regulators on Friday closed a bank in Illinois and another in Indiana, bringing the nationwide tally of bank failures up to nine for the year. Illinois' Office of the Comptroller of the Currency on Friday closed Hoffman Estates, Ill.-based Charter more

Wall Street Journal (India) ( 2/10/2012 3:53:46 PM -08:00 )

Regulators Close Two Banks in Illinois and Indiana

By DREW FITZGERALD Regulators closed a bank in Illinois and another one in Indiana, bringing the nationwide tally of bank failures to nine for the year. Illinois' Office of the Comptroller of the Currency on Friday closed Hoffman Estates, more

Wall Street Journal ( 2/10/2012 3:48:16 PM -08:00 )

Pair of bank failures bring 2012 tally to nine

By Anthony Lazarus SAN FRANCISCO (MarketWatch) -- Charter National Bank and Trust of Hoffman Estates, Ill., and SCB Bank of Shelbyville, Ind., were closed by regulators Friday, the Federal Deposit Insurance Corp. said. Barrington Bank & Trust Co. of more

MarketWatch ( 2/10/2012 3:28:34 PM -08:00 )

Wintrust Financial Corporation Acquires Charter National Bank and Trust in

LAKE FOREST, Ill., Feb 10, 2012 (GlobeNewswire via COMTEX) -- Wintrust Financial Corporation ("Wintrust") /quotes/zigman/61282/quotes/nls/wtfc WTFC -2.26% announced today that its wholly-owned subsidiary bank, Barrington Bank & Trust Company, more

MarketWatch (press release) ( 2/10/2012 3:20:38 PM -08:00 )

Charter National Bank is first Chicago-area failure of the year

(Crain's) — Charter National Bank & Trust of northwest suburban Hoffman Estates on Friday became the area's first bank failure of 2012. The 32-year-old community bank is the second lender owned by the Moser family to fail within the past year. more

Crain's Chicago Business ( 2/10/2012 10:04:48 PM -08:00 )

Regulators Close Two Banks; US Bank Closures Reach 9 In 2012

(RTTNews.com) - The Federal Deposit Insurance Corp. or FDIC, announced Friday the shuttering of two banks, one each in Illinois and Indiana, taking the count of US bank closures in 2012 to nine, after 92 in 2011 and the 157 bank closures in 2010. more

NASDAQ ( 2/10/2012 9:42:50 PM -08:00 )

Two Banks in Illinois & Indiana Closed by Regulators
	Two banks failed this Friday which brings the total number of failures for the year to nine. Last year at this time there had been 18 bank failures. This shows how the pace of closures has slowed. Charter National Bank and Trust in Illinois was the more
Deposit Accounts (blog) ( 2/10/2012 6:55:17 PM -08:00 )

FDIC closes two banks in Indiana and Illinois bringing total to 9 for 2012

There were two banks in the US that closed their doors on Friday, February 10th in the states of Indiana and Illinois. SCB bank, located in Shelbyville, Indiana, and Charter National Bank and Trust, located in Hoffman Estates, Illinois, are the first more

Examiner.com ( 2/10/2012 6:24:24 PM -08:00 )

Charter National Bank and Trust of Illinois Closed By Regulators

Charter National Bank and Trust, Hoffman Estates, Illinois, was closed today by the Office of the Comptroller of the Currency, becoming the eight banking failure of 2012. Charter National, a small 32 year old community bank, became overwhelmed by bad more

Problem Bank List ( 2/10/2012 5:51:25 PM -08:00 )

Two Banks Fail; 2012 Tally at Nine

By Philip van Doorn 02/10/12 - 07:33 PM EST NEW YORK (TheStreet) -- Federal regulators shut down two banks Friday, bringing this year's total number of bank failures to nine. One of the failed banks was previously included in TheStreet's preliminary more

TheStreet.com ( 2/10/2012 4:38:19 PM -08:00 )

Two Midwest Bank Closures Bring 2012 Tally to Nine

(NewsCore) - Charter National Bank and Trust of Hoffman Estates, Ill., and SCB Bank of Shelbyville, Ind., were closed by regulators Friday, the Federal Deposit Insurance Corporation said. Barrington Bank & Trust Co. of Barrington, Ill., will assume all more

MyFox Phoenix ( 2/10/2012 4:25:25 PM -08:00 )

Regulators Close Two Midwest Banks

The Office of the Comptroller of the Currency closed two Midwestern banks Friday, bringing the failure tally so far this year to nine. The Federal Deposit Insurance Corp., as the receiver of the failed national banks, was able to find other more

American Banker (subscription) ( 2/10/2012 4:23:08 PM -08:00 )

Wintrust Subsidiary Acquires Charter National Bank - Quick Facts

(RTTNews.com) - Wintrust Financial Corp. (WTFC) said Friday its unit Barrington Bank & Trust Co. NA has acquired certain assets and liabilities, as also the banking operations of Charter National Bank and Trust in an FDIC-assisted deal. more

NASDAQ ( 2/10/2012 4:01:29 PM -08:00 )

Regulators close Hoffman Estates bank

By Christopher Placek A Hoffman Estates-based community bank was closed by federal regulators Friday, though its two suburban branch locations will remain open for business Saturday morning under a new name and owner. The Federal Deposit Insurance more

Chicago Daily Herald ( 2/10/2012 11:22:20 PM -08:00 )