Cash Flow Success

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Cash Flow Success

Lear Reduces its 2008 Outlook for Sales and Earnings, but Still Expects to Generate Positive Free Cash Flow for the Year

Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced that as a result of deteriorating and volatile industry and general economic conditions, it is reducing its full-year 2008 sales outlook from $15 billion to approximately $14 billion and now sees income before interest, other expense, income ...

Lear Reduces its 2008 Outlook for Sales and Earnings, but Still Expects to Generate Positive Free Cash Flow for the Year

Northern Shield Completes Private Placement

Northern Shield Resources Inc. is pleased to announce that it has completed a private placement of 1,355,000 common shares on a flow-through basis of Northern Shield at a price of $0.35 per Flow-Through Share for gross proceeds of $474,250.

Northern Shield Completes Private Placement

Lilly Acquires ImClone Systems In $6.5B Transaction

Eli Lilly and Company and ImClone Systems Inc. recently announced that the boards of directors of both companies have approved a definitive merger agreement under which Lilly will acquire ImClone through an all cash tender offer of $70.00 per share, or approximately $6.5B.

Lilly Acquires ImClone Systems In $6.5B Transaction

GE 3Q profit off 22 pct, but meets lower forecast

General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan and lease business has been hammered by the worst financial crisis since the 1929 stock market crash.

GE 3Q profit off 22 pct, but meets lower forecast

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