ABB, the leading power and automation technology group, will book pre-tax provisions of approximately $850 million in the fourth quarter of 2008.
Bebo COO George Consagra Joins as President
Yellow Pages Income Fund (TSX:YLO.UN) announces that it has increased the size of its revolving bank facility entered into in May 2008 from $250 million to $450 million.
Veoh Networks, the world’s most comprehensive Internet Television service, and Axel Springer Digital TV Guide GmbH, a subsidiary of one of the leading European media enterprises Axel Springer AG announced today a strategic international partnership that strengthens Veoh’s international footprint, explores integrated content and technology opportunities, and introduces global brands to Veoh’s young and influential audience.
EXPECTS LOWER FOURTH QUARTER EARNINGS, CHALLENGING 2009
Epson Imaging Devices Corporation today announced that its Tokyo Sales Office has moved from its present location in the World Trade Center Building to the Hino office of Seiko Epson Corporation. The company commenced operations at the new location today.
Hexion Specialty Chemicals, Inc. today announced that Credit Suisse and Deutsche Bank (the ‘Banks’) have funded to its parent company, Hexion LLC, funds to fully cover payment of the $325 million termination fee associated with Hexion Specialty Chemicals’ terminated merger agreement with Huntsman Corporation. Hexion plans to promptly convey the termination fee to Huntsman Corporation.
