Icahn turns his attention to Lions Gate
The activist investor proved he had a soft spot for Hollywood when he used his stake in Time Warner to try and force through changes at the owner of Warner Brothers. Now he has turned his attention to Lions Gate Entertainment, the company behind this week’s big hit Madea Goes to Jail
Suramericana de Inversiones Posted a 9.4% Increase in Net Income for 2008
TROY Group, Inc. Posts Fiscal Year 2008 Results
Banks and economy to keep bears’ grip on stocks (Reuters)
Reuters – Wall Street is unlikely to get a reprieve next week as relentless worries about U.S. banks and the economy could embolden bears to drive the market below the 12-year lows hit on Friday.
Weak financials drag down FTSE 100 (AFP)
AFP – The leading share index slipped into the red on Tuesday amid fears for the world economy.
Global stocks rise; UK unveils new bank aid (Reuters)
Reuters – Fresh steps by the British government to shore up the ailing banking sector helped European stocks shrug off a negative lead from Asia on Thursday and took the shine off dollar gains versus major currencies.
European equities rally despite record RBS bank loss (AFP)
AFP – European stocks rallied Thursday on bargain-hunting, with the focus on the financial sector as traders digested a record loss at Royal Bank of Scotland which was less than feared.
