August 30, 2010

New life for Citi building, but for whom?

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Citigroup Inc., the Manhattan-based money-center bank, plans to leave its sprawling banking operations center in Englewood Cliffs once its lease expires at year\’s end.

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HP Announces Revised Proposal to Acquire 3PAR for $30 per Share in Cash

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HP today announced that it has increased its proposal to acquire all of the outstanding shares of 3PAR Inc.

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Icahn boosts stake in Motorola

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Investor Carl Icahn once again ups his stake in Motorola. Carl Icahn has bumped up his share of Motorola to around 10.4 percent, according to a filing with the Securities and Exchange Commission.

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SEC Sues Former Dell Top Accountants Over Earnings…

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The U.S. Securities and Exchange Commission sued Dell Inc.\’s former assistant controller and former chief accounting officer for accounting fraud, a month after the computer maker settled with the regulator.

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3PAR Determines HP Proposal Is Superior Offer

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The terms of 3PAR\’s merger agreement with Dell require the 3PAR board of directors to continue to recommend that 3PAR stockholders accept Dell\’s cash tender offer, and tender their 3PAR shares pursuant to Dell\’s tender offer, so long as the merger agreement with Dell remains in effect.

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Gupta betting he can do it again

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New Life Thrift Store One of the Metro area\’s largest thrift stores. We have all the classic and vintage stuff that you\’re looking for.

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The SEC Puts Its Head in the Clouds - And That\’s a Good Thing

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August 30, 2010 For a while, few thought securities companies would embrace cloud computing.

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Bank of America Must Face…

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Bank of America Corp. must defend lawsuit claims it concealed bonuses and losses at Merrill Lynch & Co after it agreed to acquire the brokerage firm, a judge ruled.

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Hatching Bigger Government

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There have been a lot of unsurprising news stories lately. Rod Blagojevich going on TV.

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Binnie defends record on Calif. jobs; says workers retained

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Republican U.S. Senate candidate Bill Binnie remains adamant: He did not move California manufacturing jobs to Mexico 21 years ago when he was CEO of Carlisle Plastics.

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