Daily Archives: 2008/12/08

UBS May Cut 4,500 Additional Jobs: Report (TheStreet.com)

2008/12/08
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The Swiss bank could cut up to 4,500 more jobs in the near future, local media reported. More: continued here

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Asian Stocks Finish With Strong Gains (TheStreet.com)

2008/12/08
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Japan’s Nikkei 255 stock average rose 5.2%, while the Hang Seng index finished higher by 8.7%. More: continued here

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Merrill CEO Seeks $10 Million Bonus: Report (TheStreet.com)

2008/12/08
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Merrill Lynch CEO John Thain suggested to directors he get a 2008 bonus of as much as $10 million, but the firm’s compensation committee is resisting his request, a report says. More: continued here

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Allos: 27% of Patients Respond to Pralatrexate (TheStreet.com)

2008/12/08
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The company announces results of a crucial phase II study of the experimental cancer drug. More: continued here

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Chesapeake Scales Back Stock Sale Plan (TheStreet.com)

2008/12/08
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The nation’s largest producer of natural gas won’t issue any shares under a $1 billion equity distribution plan it unveiled last month. More: continued here

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Reports: Tribune Weighs Bankruptcy Filing (TheStreet.com)

2008/12/08
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The newspaper company reportedly hires advisers to prepare for a possible bankruptcy filing. More: continued here

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Vodafone to Offer Transfers Via Cell: Report (TheStreet.com)

2008/12/08
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The money transfer partnership with Western Union will try to capitalize on an increase in cross-border remittances, a report says. More: continued here

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