Reed Elsevier to Buy ChoicePoint for 3.5 Billion (Update10)
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Feb. 21 (Bloomberg) — Reed Elsevier Plc agreed to buy
ChoicePoint Inc. for $3.5 billion, adding the biggest U.S.
provider of information services for the insurance industry to
its LexisNexis database.
Reed Elsevier will pay [...]
Pearson Isn#39;t Making Web Trade Better Than Newspapers (Update1)
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Feb. 25 (Bloomberg) — Pearson Plc Chief Executive Officer
Marjorie Scardino is selling newspaper assets and moving from
textbooks into online courses. The efforts arent bringing the
164-year-old publisher the valuation of Washington Post Co.,
whose shares cost 50 percent more.
[...]
ABC Learning Shares Plunge on Debt Repayment Concerns (Update3)
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Feb. 26 (Bloomberg) — The shares of ABC Learning Centres
Ltd., the worlds biggest publicly traded owner of child-care
centers, plunged 43 percent in Sydney trading after a slump in
earnings raised concerns it may struggle to repay debt.
[...]
Delta would give workers a voice
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Delta Air Lines Inc. employees would get a chance after a merger to share their views about how to blend in another carrier’s work force, Delta’s chief executive officer Richard Anderson said Friday.
Anderson’s comments came as Delta’s flight attendants prepare to vote on whether to [...]
Putin Warns EnergyDependent Russia of New Arms Race (Update2)
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Feb. 8 (Bloomberg) — President Vladimir Putin warned that
excessive economic dependence on energy could threaten Russias
existence, and said the country cant afford to get dragged into
a new arms race.
If Russia continues [...]
Hidden Swap Fees by JPMorgan Morgan Stanley Hit School Boards
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Feb. 1 (Bloomberg) — James Barker saw no way out. In
September 2003, the superintendent of the Erie City School
District in Pennsylvania watched helplessly as his buildings
began to crumble.
The 81-year-old Roosevelt Middle [...]
Rasers edge Company technology targeted for geothermal power plants electric motors
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PROVO Many companies revel in making The Big Splash or cranking out The Next Big Thing. Brent Cook turns to baseball for analogies when discussing the prospects for Raser Technologies Inc. and says he would be content if his company hits “singles and doubles.”
The company’s [...]
Rethinking Delta NorthwestDelta merger would expand their international reach
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Delta Air Lines Inc., the third-largest U.S. carrier, is still reviewing options for the company that may include a merger, chief executive officer Richard Anderson told employees Friday.
“The board and our management team are fully committed to ensuring that this is a thorough process, so [...]
Kenya#39;s Kibaki Says He#39;s Open to Talks to End Political Crisis
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Jan. 4 (Bloomberg) — Kenyas President Mwai Kibaki said
hes open to talks with opposition parties over a disputed
presidential ballot that sparked violence and exposed ethnic
tensions in the east African nation.
Kibaki met [...]
Sallie Mae Debt Default Risk Reaches Highest Ever (Update1)
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Jan. 7 (Bloomberg) — The risk of SLM Corp. defaulting on its
debt rose to the highest ever as the appointment of a new chairman
and chief financial officer at the biggest U.S. education lender
failed to ease concerns that the companys financial standing will
deteriorate further. [...]
