PNC National City
In February 2009, PNC Financial Corporation announced it will cut about 10 percent of its workforce, or about 5,800 employees by 2011. They include about 4,000 job cuts that National City Corporation announced in October 2008 before the acquisition. The announcement came as PNC reported its first loss since 2001, in the forth quarter of 2008, a loss partly due to costs of integrating of National City Corporation into the company.WKRC-TV: PNC, Fidelity Announcing Layoffs (February 3, 2009) Bloomberg: PNC Shares Fall as Bank Reports First Loss Since ’01, Job Cuts(February 3, 2009)
updated 2010-07-17 19:02:33
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Mesa Power
- The Energy Blog: Pickens Wind Farm to Get Underway (April 19, 2008)
updated 2012-05-02 22:10:55
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How to Open a One Hour Parties Franchise
The content in this page is not a substitute for professional financial advice. Please contact your financial adviser before using the information presented here.
updated 2010-07-17 09:31:13
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Microsoft Earnings
Technology giant Microsoft posted its third-quarter earnings on April 24, 2008. Bolstered by Xbox 360 and server software sales, Microsoft posted higher earnings than analysts had anticipated for the third quarter of their fiscal year. Even so, revenue fell to $14.45 billion and net profit went down to $4.41 billion, which pushed the per-share earnings to 47 cents. As a result, share prices dropped 5% after the report was released. Nothing in the the report mentions the proposed aqcuisition of Yahoo!.
updated 2010-07-17 15:37:59
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Steve Jobs Subpoenaed
SEC.gov: SEC Charges Former Apple General Counsel for Illegal Stock Option Backdating (2007)
International Herald Tribune: "Apple board defends Steve Jobs in options investigation" (April 25, 2007)
Macworld: Analysis: Apple SEC case playing out in public (April 24, 2007)
Macworld: Former Apple CFO resigns from board after investigation (2006)
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updated 2010-07-17 22:50:32
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MET
1868: Metropolitan Life Insurance Company was established
1929: MetLife lent money for the construction of the Empire State Building
1999: The company was incorporated
2001: MetLife entered the retail banking industry
updated 2010-07-17 15:21:06
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Bill Heard Chevrolet
- Alabama Blog: Bill Heard closing auto dealerships
updated 2010-07-16 23:13:47
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Amazon Buys Audible
Valleywag: href="http://valleywag.com/351153/ama... buys Audible.com for $300 million (January 31, 2008)
Mashable: Amazon Dishes Out $300 Million for Audible (January 31, 2008)
Engadget: Amazon Adds Audible to Its Digital Empire (January 31, 2008)
GigaOM: Why Amazon's Audible Move Is Laudable (January 31, 2008)
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updated 2010-07-16 21:23:10
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Vonage
My girlfriend and I have had Vonage for years and love it. I would strongly recommend it to anyone that is tired of the higher cost of AT&T. Vonage with all of their added features also beats Comcast VOIP service.

