Posts Tagged ‘Company’

Solyndra hearing to go on, despite execs’ silence

Top executives from a bankrupt California solar energy company will appear Friday before a congressional panel investigating their government loan, but they’re not expected to say much. View full post on All Stories

Chrysler to repay $7.5B of government bailout loan

Chrysler said Thursday it will take out bank loans and sell debt to repay $7.5 billion in loans that it still owes the U.S. and Canadian governments, a major step toward becoming a publicly traded company again. View full post on All Stories

Protesters welcome Wal-Mart chief executive in New York

Kris Alingod – AHN News Contributor New York, NY, United States (AHN) – Protesters greeted Wal-Mart chief executive Mike Duke on Wednesday in New York, where he is looking to open stores. Members of the Retail, Wholesale and Department Store Union, New York Jobs with Justice and several other groups gathered outside Bryant Park Grill, [...]

Profit at Aut Even Hospital company but still depends on Mt Carmel

ACCOUNTS filed for the company that owns Aut Even hospital in Kilkenny show it moved into profit in 2009 — but it remains dependent on its parent company for financial support after racking up losses in previous years. Bank loans to the parent company, Mount Carmel Medical Group, have been transferred to NAMA. View full [...]

Burger King Announces Hundreds of Layoffs

Ayinde O. Chase – AHN News Editor Miami, FL, United States (AHN) – Hundreds of Burger King Corp. employees were blind sided with layoff notices on Monday. The company reduced its personnel by 413 positions in North America and Latin America. Many of the laid-off employees came from its South Florida headquarters, where 261 people [...]

Food Supplier Nash Finch Sued For Sex Discrimination

Linda Young – AHN News Writer Lumberton, NC, United States (AHN) – The U.S. Labor Department’s Office of Federal Contract Compliance Programs has filed an administrative complaint against a North Carolina company, Nash Finch Co., with systematic job discrimination against 80 women. Minneapolis, MN-based Nash Finch is the second-largest publicly traded wholesale food distributor in [...]

loanDepot Claims History Making Production

loanDepot reported that originations reached 1,000 loans during November. A statement from the company indicated that loanDepot became “the first company in consumer direct lending history to fund 1,000 loans in a single month in the first year of business.” The statement went on to tout that the achievement was made “during what has been [...]

Report: Agent Scott Boras’ Company Allegedly Made Loans To Prospects

John Nestor – AHN Sports Correspondent NY, NY, United States (AHN) – According to a report Tuesday by the New York Times, baseball agent Scott Boras’ company allegedly handed out thousands of dollars in loans to the families of prospects from the Dominican Republic. The Times report said the loans could mean that Boras or [...]

Cyberonics up 10% on earnings report

LOS ANGELES (MarketWatch) — Shares of Cyberonics Inc. climbed more than 10% at one point Monday after the company raised its sales and operating earnings estimates for fiscal 2011. The medical technology firm said it now expects operating earnings to fall within a range of $45 million to $48 million, up from the $42 million [...]

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