NEW YORK (Reuters) – Stock indexes fell 2 percent on Tuesday, pushing the S&P 500 below the 1,000 threshold, on increased worries there could be more bank failures and concerns that equity prices may have run ahead of the economic recovery. The Dow Jones industrial average los…
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Second largest US mall owner General Growth files bankruptcy
Posted on: April 17th 2009 in Press Releases.
NEW YORK: General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history. Ending months of speculation, General Growth, along with 158 of its 200-plus US malls, filed Chapter 11 while it tries to refin…
Infosys eyes acquisitions in US
Posted on: March 27th 2009 in Stock News.
New York: Indian software major Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. …
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