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GE gets "Wells notice" in SEC accounting probe (Reuters)
Reuters - General Electric Co said on Friday it had been notified by U.S. regulators that a civil complaint could be filed against the company following a more than three-year-long probe into its use of hedge accounting for derivatives and other accounting matters.
Publ.Date : Fri, 05 Sep 2008 21:55:11 GMT

DSG sought bid from Media Markt, but rebuffed: report (Reuters)
Reuters - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc to consider a bid for its closest rival, the Financial Times said on its Web site.
Publ.Date : Sat, 06 Sep 2008 09:32:22 GMT

Alitalia adviser to meet BA on rescue plan: report (Reuters)

A British Airways aircraft taxis past BA tail-fins at Heathrow Airport, west London, July 29, 2008. (Toby Melville/Reuters)Reuters - Alitalia's (AZPIa.MI) adviser will soon present its rescue plan for the airline to British Airways , considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.



Publ.Date : Sat, 06 Sep 2008 15:44:02 GMT

Greenberg could pay fine of up to $100 million: report (Reuters)

Maurice Greenberg speaks at a luncheon on American competitiveness in the global market at the New York Law School in New York April 24, 2006. (Keith Bedford/Reuters)Reuters - Maurice "Hank" Greenberg, the former CEO of American International Group Inc , could face a fine of up to $100 million to settle three-year-old civil fraud charges brought by New York's attorney general, according to business news channel CNBC on Friday.



Publ.Date : Sat, 06 Sep 2008 01:22:41 GMT

Wall Street bounces back from dismal jobs report (AFP)

Traders work on the floor of the New York Stock Exchange in New York City. Wall Street shares recovered from steep early losses and finished mostly higher Friday as the market was able to shake off a jump in unemployment that sparked renewed fears of a US recession.(AFP/Getty Images/Spencer Platt)AFP - Wall Street shares recovered from steep early losses and finished mostly higher Friday as the market was able to shake off a jump in unemployment that sparked renewed fears of a US recession.



Publ.Date : Fri, 05 Sep 2008 21:14:22 GMT


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