July 28th, 2010
The Huber Health Center is set for an $8 million expansion that will include an emergency department, Grandview Medical Center officials announced Monday night.
“We have seen the need for emergency services there for several years now,” said Grandview Medical Center President Richard Haas.
The center is operated by Grandview, which is part of the Kettering Health […]
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April 5th, 2010
A Michigan executive has entered a guilty plea in an Oregon court to charges that he participated in defrauding the U.S. government of more than $200 million in tax revenue.
John Parrott, entered his plea Thursday. Parrott is the former general counsel of Mt. Pleasant, Mich.-based GeoStar Corp., the parent of ClassicStar LLC.
ClassicStar offered wealthy individuals […]
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February 16th, 2010
BankAtlantic Bancorp on Friday filed a prospectus with the Securities and Exchange Commission to raise up to $75 million through a stock offering.
The Fort Lauderdale-based banking company (NYSE: BBX) said it would use the money – should it decide to proceed with the offering – to repurchase its debt at a discount. In January, BankAtlantic […]
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November 29th, 2009
Japan’s consumer prices fell at a near record pace in October, reinforcing the government’s concern that deflation will hamper the economy’s recovery from its worst postwar recession.
Prices excluding fresh food slid 2.2 percent from a year earlier after dropping a 2.3 percent in September, the statistics bureau said today in Tokyo. That matched […]
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November 16th, 2009
EADS unveiled a 77 percent drop in third-quarter core earnings on Monday, as it battled a downturn in civil aviation and damaging delays to its A400M program.
Europe’s largest aerospace group said earnings before interest and tax (EBIT), or operating income before impairments and certain exceptional items, fell to 201 million euros.
Analysts polled by Reuters […]
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October 8th, 2009
The court-appointed trustee liquidating Bernard Madoff’s business filed a $199 million lawsuit against four of his family members on Friday.
The trustee, Irving Picard, is suing: Madoff’s brother, Peter, who was the investment securities firm’s chief compliance officer; two sons, Andrew and Mark, who served as co-directors of trading; and niece, Shana, who was the […]
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September 21st, 2009
— $744 million of revenue in fiscal 2008
— Sales in 156 countries
— Over 20 percent global market share
— Seed production in 23 countries — 60 breeding stations around the world
— 3,000 employees
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September 12th, 2009
"Don’t copy, don’t copy that floppy!"
The tech literati will remember that jingle from the uber campy — and funny — 1992 anti-piracy video "Don’t Copy That Floppy." With the techno music and 80s-era style, the video was definitely needed a makeover for the iTunes era.
On Wednesday, the Software & Information Industry Assocation released its […]
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September 8th, 2009
Chinatrust Financial said on Monday it was planning to raise more cash on top of a $1.34 billion private placement announced on Friday, but declined to comment on reports it had outbid rivals for AIG’s Taiwan unit.
A source with direct knowledge of the deal told Reuters on Saturday that Chinatrust offered a larger-than-expected $2.4 […]
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September 3rd, 2009
Most small businesses are having trouble finding loans and credit lines these days, but auto dealers are in their own special financing hell. Their inventory is expensive, their industry is in shambles, and their largest lenders are in tatters.
Recognizing that dealers need help, the Small Business Administration began rolling out new programs tailored for […]
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