Women's Wear Daily (Free subscription) | 11/06/2009
... of Adidas men’s beauty products in Japan. Other done deals include Sally Beauty Holdings Inc.’s Beauty Systems Group LLC buying Shoeneman Beauty Supply Inc. for $61 million in cash, while Johnson & Johnson Consumer Products Co. inked a licensing agreement for full control of Korres branded beauty products in North America.CIT Group Inc. on Sunday filed a voluntary Chapter 11...
WWD (Free subscription) | 11/06/2009
... of Adidas men’s beauty products in Japan. Other done deals include Sally Beauty Holdings Inc.’s Beauty Systems Group LLC buying Shoeneman Beauty Supply Inc. for $61 million in cash, while Johnson & Johnson Consumer Products Co. inked a licensing agreement for full control of Korres branded beauty products in North America.CIT Group Inc. on Sunday filed a voluntary Chapter 11...
Sweetness & Light (Free subscription) | 11/03/2009
From (not the candidate, the company) Bloomberg: Emanuel Said to Press for Sarbanes-Oxley Exemption By Jesse Westbrook Nov. 2 (Bloomberg) — The Obama administration is pushing House Democrats to spare small public companies the cost of complying with investor-protection rules imposed after the accounting frauds at Enron Corp. and WorldCom Inc., according to people familiar with...
Bloomberg (Free subscription) | 11/02/2009
Nov. 2 (Bloomberg) -- The Obama administration is pushing House Democrats to spare small public companies the cost of complying with investor-protection rules imposed after the accounting frauds at Enron Corp. and WorldCom Inc., according to people familiar with the efforts.
PEU Report (Free subscription) | 11/03/2009
... of complying with investor-protection rules imposed after the accounting frauds at Enron Corp. and WorldCom Inc., according to people familiar with the efforts. Chief of Staff Rahm Emanuel is seeking the reprieve from audit requirements under the 2002 Sarbanes-Oxley Act. Payback and politics . Isn't that Rahm's specialty ?
ShoppingBlog.com (Free subscription) | 11/01/2009
As expected, lender CIT Group filed for Chapter 11 bankruptcy today. It is the fifth largest bankruptcy proceeding in U.S. history, behind Lehman Brothers Holdings Inc., Washington Mutual Inc., Worldcom Inc. and General Motors Corp. CIT listed $71 billion in assets. CIT has a Utah bank which is not part of the filing: it has $10 billion in assets. CIT is going into Chapter...
Bloomberg (Free subscription) | 10/17/2009
... 1.2 percent to 26.05. 9/11, LTCM Crisis The VIX never exceeded 50 before Lehman Brothers Holdings Inc. failed in September 2008. It topped 40 after WorldCom Inc.’s 2002 bankruptcy, the Sept. 11 terrorist attacks, Long- Term Capital Management’s collapse in 1998 and the Asian financial crisis in 1997. In Europe, the benchmark gauge of stock-market volatility fell 4.1 percent...
Bloomberg (Free subscription) | 10/17/2009
... estimates. The VIX never exceeded 50 before Lehman’s collapse in September. It topped 40 after WorldCom Inc.’s 2002 bankruptcy, the Sept. 11 terrorist attacks, Long-Term Capital Management’s collapse in 1998 and the Asian financial crisis in 1997. In Europe, the benchmark gauge of stock-market volatility fell 4.1 percent this week to 25.20 and its Oct. 15 close of 24.78 was the lowest...
DealBreaker (Free subscription) | 09/30/2009
... bankruptcy filing, by assets, in U.S. history, trailing only Lehman Brothers Holdings Inc., Washington Mutual Inc., WorldCom Inc. and General Motors Corp." FDIC Fund To Be In The Red For Years (WSJ) At least 'til 2012. Ex-Moody's Employee Warned SEC About Muni Issues (AP) Scott McCleskey, who was a senior vice president for compliance at Moody's until he left a...
Market Watch (Free subscription) | 09/30/2009
Lender CIT Group Inc. is in the midst of a last-ditch bid to restructure by handing control to its bondholders, according to media reports.
