Friday, August 27, 2010
Supreme Court delays Chrysler/Fiat merger - bizjournals:
Supreme Court Justice Ruth Bader Ginsbergh granted a motion filed by Indiana state pensiobn funds to delay the merger between the Americann and Italian automakers in whatthe U.S. Treasury Department said was an administrativwe extension designed to allow sufficient time for the Supreme Court to explore whether or not a stay is according to several publisherd reportslate Monday. The Supreme Court move extendw a stay already issuex by a lower court that was set to expires lateafternoon Monday. Fiat has given Chrysler untilk June 15 to finish the Attorneys for the pension funds arguex that they would receive just pennied on the dollar fora $42 millionb loan given to Chrysler. However, U.S.
Solicitor Generalo Elena Kagan said the imminent collapse of Chrysler said to be losing upwardof $100 million dailyh — was of greater concern to governmenf officials than the loan dispute. Under Chrysler’es Chapter 11 bankruptcy reorganization, Chrysler announced last month 789 U.S. dealerships will lose their franchises by June 9 as part of the Chrysler said it will close at leastfour Milwaukee-areaq dealerships: Braeger Chrysler Jeep, 6133 S. 27th St., Milwaukee; Dodge City of 4640 S. 27th St., Milwaukee; John Quadenm Dodge, Okauchee; and Lakeland Jeep, Oconomowoc.
Chryslef also intends to close its engines plant in Kenosha in 2010 underthe
Wednesday, August 25, 2010
DynCorp International earnings nearly double - Washington Business Journal:
million a year ago to $19.22 million this year. Earnings per share were 34 centxs in the quarter endingAprik 3, up from 17 cents in the year-ago the Falls Church defense contractor reported Wednesday after the closing Revenue in the quarter was $813 compared to $573 million a year ago. The quarterly result s helped DynCorp finish its fiscalk year with record revenueof $3.1 billion, up 45 percent from $2.1 billiojn in the previous fiscal year. The company postedf annual earningsof $188 million, or $1.212 a share, up nearly 58 percent from $120 or 84 cents, a year ago.
The compang (NYSE: DCP) said revenue for the year increase d at all three of itsbusiness segments, but the largesty growth was recorded at its Global Linguistf Solutions subsidiary, holder of its intelligence and securityu contract with the U.S. Army. “Givem our strong momentum coming out of fiscal year 2009 and our attractives market positions in platform supporty and the application ofsmart power, we are lookingg forward to continued robust growth of our businesds in fiscal year 2010,” the company'sz CEO, said William Ballhaus, said in the earningxs statement.
The company repeated projections that it will end the curreng fiscal yearwith double-digit earningw per share growth in the range of $1.42 to It estimates revenue of $3.3 billion to 250 to $3.5 billionm for the current fisca l year.
Monday, August 23, 2010
Kendall
million foreclosure lawsuit against the developer of theRivendell single-familu home project in West Kendall. The Miami-based bank filed the foreclosure action on June 9against Miami-base d Crestview II, Marsol One LLC and managing member Marcial Solis, according to records. The complaintf targets 28 unsold homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenue and the Miccosuke e Golf and Country Club. After starting construction in 2004, Crestviewe II sold 103 homes in Rivendell from 2005 throughb the most recent sale in Fort Lauderdale-based attorney Charles who represents TotalBank in its demand for $12.
2 milliojn on the outstanding did not immediately returnj a call seeking comment. TotalBank reportedd having $86.4 million in late or unpaid ornearly 6.5 percent of its total loans, as of Marcgh 31. In March, filed a foreclosure actiom against Crestview II and Solis overa $2.1 million
Saturday, August 21, 2010
Iran hopes Russia's next step be delivery of S-300 missiles system: MP - Xinhua
Globe and Mail | Iran hopes Russia's next step be delivery of S-300 missiles system: MP Xinhua BUSHEHR, Iran, Aug. 21 (Xinhua) -- Iranian lawmaker Alaeddin Boroujerdi hailed Russia's move on Bushehr nuclear plant fuelling and expressed hope Russia's next step would be the delivery of S-300 missile system to Iran, the semi-official ISNA news ... West jittery as Iran completes its first nuclear reactor Iran begins fueling first civilian nuclear power reactor Israel says Iranian reactor use 'tot » |
Thursday, August 19, 2010
FBI: Plane Threat In San Francisco Not Credible -Fox - Wall Street Journal
New York Daily News | FBI: Plane Threat In San Francisco Not Credible -Fox W » |
Tuesday, August 17, 2010
Why Rod Blagojevich was convicted on only one of 24 counts - Christian Science Monitor
Globe and Mail | Why Rod Blagojevich was convicted on only one of 24 counts Christian Science Monitor The count of lying to the FBI â" the one conviction the jury in the Rod Blagojevich trial handed down Tuesday â" is often included to make sure a jury returns at least one guilty verdict. The other counts may have been too complex. Former Illinois Gov. ... Rod Blagojevich verdict: Guilty on one count of lying to the FBI Rod Blagojevich guilty on just one count of 24 in corruption trial Rod Blagojevich Verdict: Jury Finds Ex-Illinois Governor Guilty on 1 Count |
Sunday, August 15, 2010
Accused 'Craigslist Killer' Philip Markoff commits suicide in Boston jail - Boston Globe
New York Daily News | Accused 'Craigslist Killer' Philip Markoff commits suicide in Boston jail Boston Globe Accused âCraigslist Killerâ Philip Markoff was found dead at Nashua Street Jail yesterday morning, a plastic bag tied over his head, in an apparent suicide, a law enforcement official briefed on the investigation said today. ... Craigslist killing suspect dead in Mass. suicide Boston's âCraigslist Killerâ Commits Suicide Craigslist killing suspect Phillip Markoff commits suicide in jail |