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Home » Business News
Business News
Tuesday 17. March 2009

Amdocs Announces Completion of Cash Offer in Connection with Holders’ Put Rights for 0.50% Convertible Senior Notes due 2024

Amdocs Limited (NYSE:DOX), a market leader in customer experience systems innovation, today announced it has completed the cash offer for its 0.50% Convertible Senior Notes due 2024.

Tuesday 17. March 2009

U.S. Ad Spending Fell 2.6% in 2008, Nielsen Reports

The Nielsen Company reported today that U.S. advertising for the full year 2008 was down 2.6% compared to the full year 2007. According to preliminary figures from Nielsen, U.S. ad expenditures declined almost $3.7 billion to a total spend of $136.8 billion in 2008.

Tuesday 17. March 2009

HEARST CORPORATION NAMES GEORGE KLIAVKOFF EXECUTIVE VICE PRESIDENT & DEPUTY GROUP HEAD, HEARST ENTERTAINMENT & SYNDICATION

Hearst Corporation announced today that George Kliavkoff, 41, has been named executive vice president and deputy group head of Hearst Entertainment & Syndication. The announcement was made jointly by Frank A. Bennack, Jr., vice chairman and chief executive officer, Hearst Corporation, and Scott Sassa, president of Hearst Entertainment & Syndication.

Tuesday 17. March 2009

Continental Strongly Refutes Allegations

Company respects the law and collective bargaining agreements and keeps its promises

Monday 16. March 2009

TriMas Receives Notice Regarding NYSE Listing Standard

TriMas Corporation (NYSE:TRS) – a diversified engineered and applied products company – today announced that it has been notified by NYSE Regulation, Inc. that it is not in compliance with one of the continued listing standards of the New York Stock Exchange (NYSE).

Monday 16. March 2009

UPM’S TIMBER BUSINESS HAS CONCLUDED THE EMPLOYEE NEGOTIATIONS FOR THE SECOND QUARTER OF THE YEAR

UPM Timber continues temporary lay-offs in Finland also during the second quarter of the year.

Monday 16. March 2009

ABITIBIBOWATER SUPPLEMENTS ITS RECAPITALIZATION ANNOUNCEMENT

– New investor commits to backstop up to US$100 million of concurrent offering – Support of unsecured noteholders increases to approximately 39% of outstanding principal amount – Meetings of affected noteholders and lenders to be held April 30th

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