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ROLLS-ROYCE ANNOUNCES 2009 SALES RESULTS
Rolls-Royce Motor Cars has today announced successful sales results for 2009, with 1002 cars retailed during the year. This figure includes the first 150 Ghosts, delivered to customers in December...
Kerkorian may cut 'undervalued' MGM Mirage stake
LAS VEGAS (AP) -- Saying his 37 percent stake in MGM Mirage should be worth more, billionaire investor Kirk Kerkorian said Tuesday that he may cut his investment in the struggling casino operator....
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Rick’s Cabaret International, Inc. Reports 3.74 Percent Rise in Sales for September
Rick’s Cabaret International, Inc. (NASDAQ: RICK), the nation’s premier chain of upscale gentlemen’s clubs, today reported sales of $5.8 Million at its nightclubs in September, a 3.74 percent increase over the $5.6 Million registered in September 2008...
Delphi emerges from Chapter 11 after 4 years
NEW YORK (AP) -- Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter 11....
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Muzak Files Plan of Reorganization and Disclosure Statement
Plan Supported by Muzak's Largest Secured and Unsecured Creditor, the Creditors' Committee and an Ad Hoc Committee of Senior Noteholders
Shuffle Master, Inc. Reports Third Quarter 2009 Results
Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) (“Shuffle Master” or the “Company”) today announced its results for the third quarter ended July 31, 2009.
Las Vegas Sands Corp. Completes Amendment of Macau Credit Facility
Amendment Increases Financial Flexibility and Permits the Potential Sale of A Minority Interest in the Company's Macau Operations
Fiat Group, Chrysler and Cerberus Announce Plans for a Global Strategic Alliance
Fiat S.p.A., Chrysler LLC (Chrysler) and Cerberus Capital Management L.P., the private investment majority owner of Chrysler LLC, announced today they have signed a non-binding term sheet to establish a global strategic alliance.
Open Letter to Chrysler Stakeholders
In our continuing effort to build a profitable enterprise for the future, we are announcing today that Cerberus, Chrysler LLC and Fiat S.p.A. have entered into a non-binding term sheet to establish a global strategic alliance...
Letter from Apple CEO Steve Jobs
The remedy for this nutritional problem is relatively simple and straightforward, and I’ve already begun treatment. But, just like I didn’t lose this much weight and body mass in a week or a month, my doctors expect it will take me until late this Spring to regain it. I will continue as Apple’s CEO during my recovery.
Best Buy Continues to Prepare for Difficult Economic Enviorment - Plans Significant Spending Reductions.
Company reports fiscal third-quarter EPS of $0.13; adjusted quarterly EPS was $0.35, excluding investment impairment charge
Foreign Auto Plants Have Received $3.6 Billion in Subsidies, Mostly From Southern States
Responding to many queries, Good Jobs First today released its summary of state and local subsidies given to foreign-owned auto assembly plants, totaling $3.6 billion.
Auto bailout stalled, GOP seeks UAW concessions
WASHINGTON - With time growing short, the $14 billion auto industry bailout bill stalled in the Senate on Thursday as Republicans demanded upfront concessions from the United Auto Workers as the price for their support....
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Wall Street tumbles on auto bailout worries
NEW YORK - Wall Street's anxiety about Detroit automakers welled up Thursday, sending stocks sharply lower in an afternoon sell-off as investors grew fearful that a bill to rescue the companies wouldn't make it through the Senate....
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McDonald's same-store sales jump in November
NEW YORK - Consumers hungry for cheap meals boosted worldwide sales at McDonald's Corp.'s established locations by 7.7 percent in November, more proof of how the fast-food leader is thriving in a downturn that has eaten into sales at its competitors...
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Tribune media company seeks bankruptcy protection
NEW YORK - Media conglomerate Tribune Co., smothered by $13 billion in debt and a drop-off in advertising, on Monday became the first major newspaper publisher to seek bankruptcy protection since the Internet sent the industry into a tailspin....
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Chrysler Statement Re: the Hiring of Jones Day
During the initial Congressional hearings in November, the automotive industry was asked to study why bankruptcy was not a better alternative for restructuring, versus the working capital bridge loans requested...
The following is the oral testimony that Robert L. Nardelli, Chairman and CEO of Chrysler LLC
I appreciate the opportunity to represent the one million people who depend on Chrysler for their livelihoods. Before I answer your questions regarding our loan request, let me state clearly why we’re here: Chrysler requests a $7 billion loan to bridge the current financial crisis.
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