Arcive of financial news
Former Federal Reserve Chairman Alan Greenspan said he hopes the worst of the credit-market crisis is over and that the length of a U.S. recession depends on how long the financial turmoil lasts.
The situation is still critical, and the crisis may drag into next year, Greenspan said via satellite to a conference at […]
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US Airways Group Inc. chairman and chief executive Doug Parker told airline employees Thursday that more mergers, possibly one involving the Arizona carrier, could occur in the wake of Delta Air Lines and Northwest Airlines' planned marriage.
The $18 billion Delta/Northwest merger and high oil prices could push other airlines toward consolidation, Parker said […]
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One month after executing a 12-for-1 reverse stock split, Avant Immunotherapeutics Inc. reports that its common stock has resumed trading under the symbol "AVAN" on Nasdaq.
Since the first day of trading after the reverse split, Avant's stock had been trading under the symbol "AVAND." Avant performed the reverse stock split in an […]
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Bank of England policy maker Paul Tucker said the central bank should only cut interest rates “gradually'' as it tries to counter both a jump in credit costs and the threat of faster inflation.
“The broad policy strategy is to offset some but not all of the adverse shock to demand from tighter credit […]
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Ouray Sportswear LLC will move its corporate headquarters and manufacturing plant to 1201 W. Mansfield Ave., Englewood, at the end of March.
More than 140 employees will move with the company, which designs and manufactures decorated apparel and headwear for resort, corporate and collegiate customers nationwide.
The Englewood site has more than 70,000 […]
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Blackton Inc. last week announced it received contracts totaling an estimated $3 million to provide roofing and flooring materials to three Central Florida home communities.
Orlando-based Blackton will provide roofing materials to Park Square Homes for the 200-lot single-family home community of Water’s Edge at Lake Nona and the 150-unit townhome community of Morningside […]
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