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Financial News
Movers roundup: General Growth Properties, Akamai - Boston Globe
WASHINGTON (AP) -- Shares of troubled mall owner General Growth Properties Inc. fell Thursday after The Wall Street Journal reported the company has hired bankruptcy attorneys as it struggles to refinance debt. NEW YORK (AP) -- Akamai Technologies ...

BSkyB to raise $600 million in bond issue - Boston Globe
LONDON— Satellite broadcaster British Sky Broadcasting Group PLC said Tuesday it plans to raise $600 million in a bond issue to refinance existing debt and acquire new businesses. BSkyB, whose biggest shareholder is Rupert Murdoch's News Corp ...

New York Times Cuts Dividend by 74% - Street.Com
Late Thursday the publisher of the the Boston Globe , the International Herald Tribune and its flagship paper lowered its dividend to 6 cents from 23 cents amid a worsening advertising slump. The sector has struggled as consumers and advertisers ...

Atlantic Power Announces Closing of Auburndale Acquisition and Third ... - Earthtimes
BOSTON, MASSACHUSETTS -- 11/21/08 -- Atlantic Power Corporation (TSX: ATP.UN) ("Atlantic Power" or the "Company") announced today that it has closed the previously announced acquisition of Auburndale Power Partners, Limited Partnership ("Auburndale ...

Ahead of the Bell: NY Times price target cut - Forbes
A Deutsche Bank North America analyst cut New York Times Co. 's price target Friday after the newspaper publisher slashed its quarterly dividend by 74 percent. Late Thursday the publisher of the The Boston Globe, the International Herald Tribune and ...

Mortgage Vs. Medicine - Newsweek
This week Billy Annese turned 28. That's remarkable since doctors once predicted that he'd never make it past 16. Annese suffers from a disease called Friedreich's ataxia, a progressive neurological disorder that, much like multiple sclerosis, gets ...

Congress Blames Treasury as Foreclosures Mount - Common Dreams
BOSTON - A congressional banking leader Tuesday blew hot air and blame at the U.S. treasury secretary about the ongoing home foreclosure crisis, but neither made a commitment to help stressed homeowners. Congress is officially out of session, except ...

Seeking a jumbo conforming home loan? Act fast - Seattle Post Intelligencer
Some mortgage borrowers are about to get squeezed by the shrinking of something called the jumbo conforming limit. In the country's priciest housing markets, including Los Angeles, San Francisco and Washington, D.C., this year-end change means that ...

ABCPMMMFLF Spells Fed Relief for JPMorgan, Citi Shadow Banking - Bloomberg
Nov. 17 (Bloomberg) -- The U.S. Federal Reserve's emergency lending programs, intended to thaw commercial paper and money markets, are also helping banks limit losses from some of their $4 trillion in off-the-books guarantees and loan commitments. A ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

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