| Community banks battered as real estate woes persist Central Florida’s five largest community banks reported second-quarter losses as fallout from last year’s financial-sector and real-estate meltdowns continued inflicting pain on balance sheets. feeds.bizjournals.com |
Cree sets price for $390M stock offering; shares slide Cree Inc. has priced its recently announced public stock offering of 11 million shares at $35.50 a share, and the Durham maker of light-emitting diodes and LED lighting products says it expects gross proceeds of $390.5 million by the time the offering ends Sept. 16. feeds.bizjournals.com |
GM Chair urges risk taking, names new executives (AP) General Motors Co. Chairman Ed Whitacre Jr. urged the troubled automaker's employees to forget their old bureaucratic culture, telling them Friday not to fear being fired for taking risks. us.rd.yahoo.com |
Stars of GROOVALOO Freestyle to Ring The NASDAQ Stock Market Closing Bell (GlobeNewswire) ADVISORY -- us.rd.yahoo.com |
Main Street Shouldn't Stand for Goldman's Leftovers (at Minyanville.com) Banks need to separate their proprietary traders from anyone with access to external clients. us.rd.yahoo.com |