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PhillyDeals Archive: September, 2008
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Health & Pharma
Stocks plunge as $700B bank rescue fails in U.S. House
Mon, Sep 29, 2008, 2:23 PM
The vote against the bank bailout in the House of Represenatives: 205 yea, 228 nay. U.S. avoids "slippery slope to socialism," says...
Sovereign loses most of its value
Mon, Sep 29, 2008, 2:08 PM
"The biggest problem now is a lack of confidence," said Rick Weiss, analyst at Janney Montgomery Scott, which had rated Sovereign...
Comcast faces weak consumers, strong competitors: analyst
Mon, Sep 29, 2008, 1:43 PM
"Comcast is far from immune as consumers 'tighten their belts,'" writes Oppenheimer & Co. telecom analyst Timothy Horan and his...
Citigroup, sore at Mets loss, slights Philly
Mon, Sep 29, 2008, 10:08 AM
Citigroup's investor presentation and media release names seven metro areas where its takeover of Wachovia Bank branches will make it a dominant...
Citigroup Center or Wachovia Center?
Mon, Sep 29, 2008, 10:00 AM
Comcast-Spectacor officials were meeting with their lawyers this morning, reviewing the likely impact of Citigroup's purchase of part of Wachovia...
Citigroup to buy Wachovia branches, loans, deposits: FDIC
Mon, Sep 29, 2008, 8:39 AM
The Federal Deposit Insurance Corp. says Citigroup is buying Wachovia's banking operations. FDIC statement here. That will make New York-based...
British, Dutch, UK bank bailouts today
Mon, Sep 29, 2008, 8:35 AM
Things are tough all over: "European governments stepped in to rescue Fortis, Bradford & Bingley Plc, and Hypo Real Estate Holding...
Does Wachovia really have to sell? No, says analyst
Mon, Sep 29, 2008, 8:30 AM
NOTE: Overtaken by events! See later posts. "The outcome of the proposed government bailout is a potential wildcard for (Wachovia's) stock...
Joseph N. DiStefano writes about Philadelphia-area enterprise, and the people and money that make it go.
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