Dollar Drops, Exchange rates, Forex and US Currency Converter

SAN FRANCISCO (Dollar Drops) — Billionaire investor Carl Icahn said in a statement Friday that the replacement of Ed Zander as Motorola Inc. chief executive was “long past due,” and that the board’s action does “not even begin to address the major problems at Motorola.” Icahn said the telecom company should be split into […]

SAN FRANCISCO (Dollar Drops) — Metals processor Ryerson, Inc.’s restructuring will result in the loss of about 600 manufacturing and office jobs in the Chicago area by the end of 2008, spokeswoman Patti Buckland said Friday. Ryerson, which was bought in October by affiliates of Platinum Equity LLC, currently employs 1,100 people in the metropolitan […]

SAN FRANCISCO (Dollar Drops) — Ingersoll-Rand Co. said Friday it closed the $4.9 billion sale of its Bobcat, Utility Equipment and Attachments business units to South Korea-based Doosan Infracore. The company said it will see about $3.75 billion in proceeds from the sale.
Dollar Drops.com Stories are Rapid-fire, short news bursts on stocks and markets […]

SAN FRANCISCO (Dollar Drops) — Ryerson Inc., a privately owned metals processor and distributor, said Friday it plans to restructure its Chicago operations in phases by the end of 2008 in an effort to improve its long-term viability. But it will keep its corporate headquarters in the Chicago area and maintain at least 500 jobs […]

SAN FRANCISCO (Dollar Drops) — Chrysler Financial said Friday it named Leland Wilson as the new chief financial officer, effective immediately. The company also named Darcy Walker to the newly-created position of chief risk officer.
Dollar Drops.com Stories are Rapid-fire, short news bursts on stocks and markets as they move.

NEW YORK, Nov 30 - The dollar surged against a basket of major currencies on Friday and was on track for its biggest weekly gain 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 surged against a basket of major currencies on Friday and was on track for its biggest weekly gain 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) — Brink’s Co. said Friday it is in the process of re-examining its strategic alternatives to boost shareholders’ value and has retained Monitor Group to oversee the process. The company also confirmed that it has received notice that MMI Investments LP intends to nominate four candidates for election to the […]

SAN FRANCISCO (Dollar Drops) — Former Broadcom Corp. executive Nancy Tullos agreed to plea guilty to obstruction of justice in a federal probe of the company’s stock option grants, the office of the U.S. Attorney for the Central District of California said Friday. Tullos, 56, who at the time served as vice president of […]

NEW YORK (Dollar Drops) — Gold futures finished lower on Friday and posted a weekly loss of over $42, as book-squaring at the end of the month and a rise in the U.S. dollar led traders to lock in gains. Gold for February delivery fell $13.20 to end at $789.10 an ounce on the New […]