February 4th, 2012
Eastman Kodak is trying to end its sponsorship of the Hollywood theater that bears its name and hosts the Academy Awards as part of the photography company’s bankruptcy process.
Kodak, which filed for Chapter 11 bankruptcy protection on Jan. 19, filed court documents on Wednesday requesting that it sever its contract with the Kodak Theatre […]
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Filed under: Small Business, term by Finance Boss
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January 3rd, 2012
Iran said Tuesday that the steep depreciation in the country’s currency against the U.S. dollar was not linked to U.S. new sanctions targeting its Central Bank, while officials geared up for a meeting to assess possible measures to shore up the riyal in an already ailing economy.
Since President Barack Obama on Saturday signed into law […]
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Filed under: debt, homeowners by Finance Boss
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January 1st, 2012
EQUITIES
Analysts tend to favor large U.S. stocks. Things abroad are still too worrisome, they say.
Mark Keller, CEO of Confluence Investment Management, likes big stocks with dividends. On his list are Ferguson-based Emerson along with 3M, PepsiCo, Microsoft and Wal-Mart. “They’re reasonably priced, pay a nice dividend, and they have rising dividends,” he says.
“They might go […]
Filed under: Uncategorized, management by Finance Boss
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December 30th, 2011
The U.K. is home to this year
Filed under: Uncategorized, debt by Finance Boss
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December 29th, 2011
Kim Jong Un may relax state controls over North Korea
Filed under: economics, money by Finance Boss
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December 28th, 2011
Sears Holdings says its hasn’t yet determined which 100 to 120 Kmart and Sears stores it will close after a disappointing holiday sales season.
The company, which has 4,000 stores in the U.S. and Canada, announced today that it would close this number of stores after sales at its Kmart and domestic Sears stores in this […]
Filed under: Uncategorized, uk by Finance Boss
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November 29th, 2011
Italy paid sharply higher borrowing rates in an auction that raised euro567 million ($750 million), as markets continued to pressure the eurozone’s third largest economy to come up with reforms urgently.
Yields on 12-year bonds skyrocketed to 7.20 percent, a full 2.7 percentage points higher than last month.
While there were enough bids to cover the maximum […]
Filed under: homeowners, technology by Finance Boss
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November 25th, 2011
Holland Construction Services Inc. started extensive renovations at Memorial Care Center at 4315 Memorial Drive in Belleville.
The $6 million project includes an upgrade to the center’s exterior façade and indoor renovations of 34,000 square feet.
The renovations will involve 56 patient rooms, administrative offices, dining, living and reception rooms and a therapy area. Shower rooms, utility […]
Filed under: business, lenders by Finance Boss
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November 16th, 2011
The man in charge of boosting Missouri’s economy is stepping down.
David Kerr, director of the Missouri Department of Economic Development, will leave at the end of the year, Gov. Jay Nixon’s office said Tuesday.
Kerr, a longtime executive at AT&T in Missouri and Kansas before entering the public sector, said he was stepping down to spend […]
Filed under: economics, homeowners by Finance Boss
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November 12th, 2011
Italian Premier Silvio Berlusconi has convened his final Cabinet meeting before his expected resignation that will set in motion a political transition aimed at bringing back the country from the brink of economic crisis.
Berlusconi met with his ministers Saturday after parliament’s lower Chamber of Deputies passed European-demanded economic reforms. The Senate passed the legislation Friday, […]
Filed under: banks, management by Finance Boss
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