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SAN FRANCISCO (Dollar Drops) — Citigroup Inc. said late Friday that it has reduced the assets of so-called structured investment vehicles (SIVs) the bank sponsors. Assets in the SIVs the company advises have declined to $66 billion as of Nov. 30 from $83 billion at the end of September, a Citigroup spokesman said in […]

SAN FRANCISCO (Dollar Drops) — The Federal Communications Commission approved the transfer of Tribune Co.’s broadcasting licenses to Sam Zell, The Tribune Employee Stock Ownership Plan, and EGI-TRB LLC, the commission and the company said Friday. The commission also approved the extension of cross-ownership waivers in markets where the company owns both a television […]

SAN FRANCISCO (Dollar Drops) — Windstream Corp. said late Friday it completed the sale of Windstream Yellow Pages, its directory publishing business, in a tax-free transaction to affiliates of Welsh, Carson, Anderson & Stowe, a private equity investment firm. As a part of the transaction, Windstream repurchased about 19.6 million of its shares held […]

SAN FRANCISCO (Dollar Drops) — Woodward Governor Co. said late Friday its board of directors will recommend a two-for-one split of the company’s stock to shareholders at the upcoming annual meeting on Jan. 23 as well as an increase in the authorized shares. If the stock split is approved, each shareholder will receive one […]

SAN FRANCISCO (Dollar Drops) — International Speedway Corp. said late Friday that Prologis terminated its agreement to buy the company’s Staten Island, N.Y., property effective Nov. 27. The Daytona Beach, Fla., motorsports activities promoter said Prologis, a real estate investment trust, terminated the agreement before the expiration of the due diligence inspection period. […]

SAN FRANCISCO (Dollar Drops) — First Solar Inc. [s:FSLR] said late Friday it acquired commercial solar project designer Turner Renewable Energy LLC for about $34.3 million in stock and cash. Turner, so named in January 2007 when Ted Turner invested in the company, will operate as a unit of First Solar under the name First […]

NEW YORK, Nov 30 - The dollar rallied across the board on Friday, posting its biggest weekly rise against a basket of currencies in more than a year, on profit-taking in the euro and month-end squaring up of positions by corporates.
Yahoo! News Search Results for forex dollar

NEW YORK, Nov 30 - The dollar rallied across the board on Friday, posting its biggest weekly rise against a basket of currencies in more than a year, on profit-taking in the euro and month-end squaring up of positions by corporates.
Yahoo! News Search Results for forex dollar

SAN FRANCISCO (Dollar Drops) — Billionaire investor Carl Icahn called the departure of Ed Zander as Motorola Inc.’s chief executive a “positive step” for the company, the Wall Street Journal reported Friday on its Web site. Icahn said the telecom company should split in four, resulting in a mobile devices company, an enterprise mobility […]

NEW YORK (Dollar Drops)– U.S. stocks ended November with weekly gains and monthly losses as technology bellwether Dell Inc.’s shaky forecast weighed on the Nasdaq, offsetting the market’s warm response to Federal Reserve talk suggesting further interest-rate cuts ahead. The Dow Industrials gained 60 points to end at 13,371.7, with the index scoring its […]