Newspaper wrap-up 7-18-07: Bear Stearns calls its two subprime hedge funds worthless
Posted Jul 18th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Whole Foods Market (WFMI), Barclays plc ADS (BCS), Bear Stearns Cos (BSC)
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MAJOR PAPERS:
OTHER PAPERS:
- Kohlberg Kravis Roberts is planning to offer $24M to acquire Macy's Inc (NYSE: M), according to Women's Wear Daily (subscription required).
- The U.K. Times reported that Barclays plc (NYSE: BCS) has deided against raising its bid for ABN Amro Holdings (NYSE: ABN).
- Honda Motor Co. (NYSE: HMC) is increasing its production capacity in North America and in other places, in order to meet growing demand for its fuel-efficient cars and to maintain momentum for global growth, reported the Associated Press.
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