Archive for December 1st, 2008

Delta May Change Boeing Orders: Report (TheStreet.com)

Monday, December 1st, 2008

Delta, integrating its fleet with recently acquired Northwest, plans to seek changes to aircraft orders that both carriers had placed individually with Boeing, a report says.
More: continued here

Posted in Stock-Picks | No Comments »

Redstone to Sell Control of Midway Games (TheStreet.com)

Monday, December 1st, 2008

Sumner Redstone has reportedly sold his controlling stake in videogame company Midway Games to a private investor.
More: continued here

Posted in Stock-Picks | No Comments »

GM Readies Viability Plan: Report (TheStreet.com)

Monday, December 1st, 2008

Directors at the automaker are insisting that all options stay on the table, including a Chapter 11 bankruptcy filing, if a bailout doesn’t materialize, a report says.
More: continued here

Posted in Stock-Picks | No Comments »

Report: GM Seeks to Swap Debt for Equity (TheStreet.com)

Monday, December 1st, 2008

The troubled automaker is appealing to some debtholders to swap debt for equity, according to The Wall Street Journal
More: continued here

Posted in Stock-Picks | No Comments »

Asian Stocks Trading Mixed (TheStreet.com)

Monday, December 1st, 2008

Stocks in Asia were mixed as homebuilder Morimoto filed for bankruptcy protection and oil prices declined.
More: continued here

Posted in Stock-Picks | No Comments »

Holiday Season Off to Modest Start (TheStreet.com)

Monday, December 1st, 2008

According to preliminary figures released Saturday by ShopperTrak RCT, sales rose 3% to $10.6 billion on Friday from the Black Friday a year earlier.
More: continued here

Posted in Stock-Picks | No Comments »

AIG Sells AIG Private Bank (TheStreet.com)

Monday, December 1st, 2008

American International Group agreed to sell the wealth management group to Aabar Investments of Abu Dhabi.
More: continued here

Posted in Stock-Picks | No Comments »

Asian Stocks Finish Mixed (TheStreet.com)

Monday, December 1st, 2008

Stocks in Japan declined as condominium developer Morimoto filed for bankruptcy protection.
More: continued here

Posted in Stock-Picks | No Comments »