BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Newspaper wrap-up: Credit Suisse laying off 150]]>http://www.bloggingstocks.com/2007/09/26/newspaper-wrap-up-credit-suisse-laying-off-150/http://www.bloggingstocks.com/2007/09/26/newspaper-wrap-up-credit-suisse-laying-off-150/http://www.bloggingstocks.com/2007/09/26/newspaper-wrap-up-credit-suisse-laying-off-150/#commentsFiled under: , , , , ,

MAJOR PAPERS: OTHER PAPERS:

Newspaper wrap-up: Credit Suisse laying off 150 originally appeared on BloggingStocks on Wed, 26 Sep 2007 08:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bbwbuild-a-bearchildren's placeChildren'sPlaceciscocredit suisseCreditSuissecscscodisdisneyeconomic timesEconomicTimesee timesEeTimeskb homekbhKbHomematmattelnew york timesnewspaperNewYorkTimesny timesNyTimespaperperiodicalplcesemiconductor manufacturingSemiconductorManufacturingsmiwall street journalWallStreetJournalwiprowitwsjWed, 26 Sep 2007 08:50:00 EST<![CDATA[Newspaper wrap-up: Carl Icahn expected to join WCI board]]>http://www.bloggingstocks.com/2007/08/29/newspaper-wrap-up-carl-icahn-expected-to-join-wci-board/http://www.bloggingstocks.com/2007/08/29/newspaper-wrap-up-carl-icahn-expected-to-join-wci-board/http://www.bloggingstocks.com/2007/08/29/newspaper-wrap-up-carl-icahn-expected-to-join-wci-board/#commentsFiled under: ,

MAJOR PAPERS:
  • Chrysler LLC is discussing shuttering or selling Mopar, its auto parts unit, and Chrysler Transport, the overseer of supplies to Chrysler's plants, reported the Wall Street Journal (subscription required).
  • Tomorrow, troubled condo developer WCI Communities Inc (NYSE: WCI) is expected to vote Carl Icahn and two of his representatives to the company's board, reported the Wall Street Journal.
  • Barron's Online's (subscription required) "Inside Scoop" column reported that Pep Boys (NYSE: PBY) director James Mitarotonda, a director since August 2006, purchased over $1.2M in stock through his equity fund Barington Companies Equity Partners on Aug. 23 and 24 according to SEC data.
  • The sale of a 20% strategic stake in Semiconductor Manufacturing International Corporation (NYSE: SMI), China's biggest chipmaker, has stalled, as the company's board is reportedly undecided about how to proceed, reported the Financial Times (subscription required).
OTHER PAPERS:
  • Nasdaq Stock Market Inc (NASDAQ: NDAQ) has agreed to seek the approval of London Stock Exchange CEO Clara Furse before it sells its minority stake in the British exchange to any single buyer, reported the Independent.

Newspaper wrap-up: Carl Icahn expected to join WCI board originally appeared on BloggingStocks on Wed, 29 Aug 2007 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>barron'sbarronscarl icahnCarlIcahnchryslerfinancial timesFinancialTimesftindependentlondon stock exchangeLondonStockExchangelsenasdaqnewspaperpaperpbypep boysPepBoysperiodicalsmismicwall street journalWallStreetJournalwciwsjWed, 29 Aug 2007 09:00:00 EST<![CDATA[Wal-Mart reaches out to minority business with $25 million investment]]>http://www.bloggingstocks.com/2006/05/05/wal-mart-reaches-out-to-minority-business-with-25-million-inves/http://www.bloggingstocks.com/2006/05/05/wal-mart-reaches-out-to-minority-business-with-25-million-inves/http://www.bloggingstocks.com/2006/05/05/wal-mart-reaches-out-to-minority-business-with-25-million-inves/#commentsFiled under: , , , , ,

Wal-Mart's initial effort to reach out to minority-owned businesses has landed one major investment: Simeus Foods International. Simeus, which is black-owned, is the largest minority-owned food processing company in the United States. Simeus stands to land about $25 million from the Wal-Mart investment -- the first from Wal-Mart's private investment equity fund meant for investment in minority-owned businesses.

After being heavily criticized over the last few years for "crushing" local business and driving some minority-owned businesses to the brink (well, of something), Wal-Mart got into the private equity game last year -- and Simeus is the first recipient of one of the new happy community faces of Wal-Mart.

So, what's your take? Is this semi-high visibility public relations effort enough to affect investors' moods on the stock? Doubtful -- the bottom line numbers such as profit, growth, EPS and future investment in the business almost always count more on the weight of a company's stock. But, this is the world's largest retailer -- can positive and very public functions like this even make a dent? Sure they can -- and they should. Take note. 

Wal-Mart reaches out to minority business with $25 million investment originally appeared on BloggingStocks on Fri, 05 May 2006 16:42:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>SimeusSimeus FoodsSimeusFoodsSMIWal-MartWMTFri, 05 May 2006 16:42:00 EST