Archive for June, 2009

Flagstar Reports Completion of Final $50 Million Investment by MP Thrift Investments L.P. (PR Newswire)

Flagstar Bancorp, Inc. , the holding company of Flagstar Bank FSB, today reported the completion of an investment of $50 million from MP Thrift Investments L.P. , an entity formed by MP Global Partners III LLC.

US stocks slide on dip in consumer confidence (AP)

Investors carried Wall Street to a remarkable second-quarter performance even though stocks' big spring rally stalled weeks ago.

Strong quarter ends cautiously as earnings loom (AP)

Investors carried Wall Street to a remarkable second-quarter performance even though stocks' big spring rally stalled weeks ago.

New XP Upgrade for KLA-Tencor's 28xx Defect Inspection Systems Provides Enhanced Sensitivity, Productivity, Defect Yield-Relevance (Business Wire)

MILPITAS, Calif.----Today KLA-Tencor Corporation , the world's leading supplier of process control and yield management solutions for the semiconductor and related industries, announced XP, a new upgrade package for 28xx broadband brightfield [...]
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Merriman Curhan Ford Announces Appointments in Its Investment Bank and Broker/Dealer (Business Wire)

SAN FRANCISCO----Jon Merriman, co-founder and chief executive officer of Merriman Curhan Ford Group, Inc. , today announced appointments in the firm's investment bank and broker/dealer, Merriman Curhan Ford & Co., to transition the company founders [...]
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FSI International, Inc. Announces Third Quarter and First Nine Months Fiscal 2009 Financial Results (Business Wire)

MINNEAPOLIS----FSI International, Inc. , a manufacturer of capital equipment for the microelectronics industry, today reported financial results for the third quarter of fiscal 2009 and for the first nine months ended May 30, 2009.

The cautious approach to fixing banks will not work (at FT.com)

With one bound the banks are free, or so it seems. Already, the panic of the autumn of 2008 is fading. The period within which lessons can be learnt and changes made is closing. Yet without radical changes, another crisis is certain.

Debt is capitalism's dirty little secret (at FT.com)

Just why is there so much debt in the Anglo-Saxon world? Bankers and regulators know well that it is in nobody's long-term interests to have allowed borrowing to escalate to a position where the US now owes far more, as a multiple of the economy, than [...]
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Merlin UK's project offsets overseas delays (at FT.com)

Merlin Entertainments' expansion plans are enduring a rollercoaster ride during the recession, with delays to planned new visitor attractions offset by an announcement on Tuesday of its first UK operation for eight years.

Astoria Financial Corporation Announces Dates for Second Quarter Earnings & Conference Call (PR Newswire)

Astoria Financial Corporation , announced that it expects to report second quarter 2009 earnings on Wednesday, July 22, 2009 at approximately 5:00 p.m. Eastern Time .


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