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Global Auto Slowdown May Compound Carmaker Woes - Reuters India
detroit (reuters) - automakers have all but written off a recovery in the u.s. market, the largest in the world, until 2010. now for the really bad news: the u.s. economic malaise has spread to other key markets, including europe, killing hope ...
in.reuters.com

Pfizer, Sanofi Cash Controls Can Free Up $35 Billion (update1)
better management policies such as incentives for cash performance, improved negotiations with suppliers and customers and standardized supply-chain operations are among the ways to free up money to put back into the business, the london-based consulting firm wrote in the report.
www.bloomberg.com

Business Briefs
genworth financial inc. is considering a spinoff of its u.s. mortgage insurance business. the henrico county-based company is reviewing a number of "strategic alternatives," according to a statement. the insurer has a "sound financial foundation and cash availability to meet liquidity requirements." progress at genworth's other businesses "has been overshadowed by concerns about the future of ...
www.inrich.com

Constellation Deal Still On - Baltimore Sun
warren e. buffett 's midamerican energy holdings co. said thursday that it is moving forward with a planned $4.7 billion acquisition of baltimore-based constellation energy group after completing a review of the bge parent's retail and wholesale ...
www.baltimoresun.com

Investors In Fallen Money Funds Can't Access Cash - San Diego Union-tribune
boston – the firm managing a money-market mutual fund that “broke the buck” and threatened the stability of the $3 trillion money fund industry now plans to return cash to investors – a pledge that remains elusive for shareholders who can't ...
www.signonsandiego.com

First Cash Financial To Exit Auto Lending Business 9:00 Am Ct
first cash financial services inc. said late tuesday that it plans to shutter its auto lending operations and focus on its core pawn and consumer lending operations in the u.s. and mexico.
www.dallasnews.com

Bizbuysell Announces Third Quarter Insight Report: It's Still A Sellers' Market For Business Owners Who Want To Cash Out
online business-for-sale marketplace notes rising demand for businesses and shortage of supply
news.yahoo.com

Sun Country Warns Of Layoffs Or Shutdown As Early As Dec. 1 - Minneapolis Star Tribune
sun country airlines has warned its employees that they should be prepared for the possibility of major layoffs -- or a shutdown of the airline -- as early as dec. 1. the mendota heights-based carrier employs 850 people and is facing "a serious ...
www.startribune.com

Why Buffett Likes Ge - Forbes
warren buffett, ceo of berkshire hathaway , continues to use his firm's whopping cash balance to make investments into some of the most prized, and beaten down, american companies. what will buffett buy next? click here for a free trial of the ...
www.forbes.com

Avago Technologies Acquires Bulk Acoustic Wave (baw) Business From Infineon
avago technologies announced today that it acquired infineon technologies ag's bulk acoustic wave (baw) business, based in munich, germany. under the terms of this agreement, avago paid infineon approximately 21.5m eur in cash.
www.centredaily.com

Dallas-based Centex Sells Insurance Unit 7:34 Am Ct
dallas-based homebuilder centex corp. said wednesday that it has sold an insurance subsidiary. centex said it sold its westwood insurance agency to zc sterling of atlanta for $55 million in cash and other undisclosed terms.
www.dallasnews.com

Australian Riskiest Mortgages To Deteriorate-s&p - Economic Times
sydney: losses on the riskiest types of australian securitised mortgages are expected to climb as the local economy is set to struggle in the short-term, says a credit ratings agency. high interest rates and rising living costs have pressured loan ...
economictimes.indiatimes.com

Wpp Stands Firm On £1.2bn Tns Offer - Financial Times
wpp , the advertising group headed by sir martin sorrell, has said its £1.2bn offer for taylor nelson sofres, the market researcher, is final and will not be increased unless a rival bidder emerges. the cash-and-share offer values tns at 259.2p ...
www.ft.com

Foot Locker Hops On Delia*s Online Skater Boy Business
athletic gear retailer foot locker inc. has agreed to purchase ccs, delia*s inc.’s direct-to-consumer business targeting skateboarding teens, for $102 million in cash.
www.internetretailer.com

First Cash Financial Discontinues Auto Master Operations
first cash financial services inc. is discontinuing its auto master business--a platform in which pre-owned automobiles are sold on a buy-here/pay-here basis. the company says the decision to end operations is directly tied to strained credit markets and a difficult economy that is weighing heavily on auto master’s customers. (fcfs)
www.bizjournals.com

Bethany, Elon Tap Accounts To Offset Wachovia Curbs (update1) - Bloomberg
oct. 2 (bloomberg) -- elon university and bethany college rushed to find alternative sources of cash after wachovia corp. curbed access to a $9.3 billion investment fund used by more than 900 colleges to hold money needed for salaries, maintenance ...
www.bloomberg.com

First Potomac Realty Trust Acquires Rivers Park I & Ii And Triangle ... - Pr Inside
www.first-potomac.com - first potomac realty trust (nyse:fpo) today announced that it has acquired rivers park i & ii, a six-building, 306,656-square-foot flex/office property in columbia, maryland, for $42.3 million in cash from affiliates of ...
www.pr-inside.com

Ralcorp Introduces Cash Incentives For Officers
ralcorp holdings inc.’s board recently authorized a cash incentive award agreement worth up to $2.4 million for each of its co-chief executive officers, david skarie and kevin hunt. (rah)
www.bizjournals.com

Councils To Keep Cash Raised From Local Income Tax
finance secretary john swinney revealed yesterday local councils will be allowed to keep the cash raised in their area from the proposed local income tax, and that ministers are also considering exempting students from the charge.
www.theherald.co.uk

Hill-rom Buys Sweden's Liko Vardlyft For $183m - Msn Moneycentral
batesville, ind. (ap) - medical technology company hill-rom said thursday it bought liko vardlyft ab for about $183 million, boosting the company's business abroad. liko, based in sweden, makes lifts and slings for moving patients, and had revenue of ...
moneycentral.msn.com