Finance News Archive

25-Aug-2005

• 'Business Objects for Finance (TechWeb via Yahoo! News)
Acquisition nudges strategy toward the Finance silo.
• 'Rohm and Haas Company Begins Exchange Offer for 6.0 Percent Notes of Rohm and Haas Denmark Finance A/S Due March 2007 (ChemPoint)
PHILADELPHIA -- August 23, 2005 - Rohm and Haas Company today announced that it has launched an exchange offer outside the United States to existing holders of euro 400 million in Rohm and Haas Denmark Finance 6.0 percent euro notes due March 9, 2007. The company is offering existing holders of the 2007 notes the opportunity to exchange the 2007 notes for Rohm and Haas Company 7-year
• 'Galion finance director gets 8 months (CentralOhio.com)
CLEVELAND - William Bauer apologized to Galion before his sentencing Wednesday. The city's former finance director was given eight months in prison for embezzlement by U.S. Federal District Court Judge James W. Gwin.
• 'Commission votes to save finance center in northern Maine (Newsday.com)
to restore dropped "to." LIMESTONE, Maine (AP) _ The base closing commission voted Thursday not only to spare the Defense Finance Accounting Service center but to add up to 250 jobs, a major victory for Aroostook County.
• 'American Sterling Bank Joins the Finance Express Auto Finance Program (The Auto Channel)
RANCHO SANTA MARGARITA, Calif., Aug. 25, 2005 -- Finance Express, which operates the first online auto finance platform specifically designed for the independent dealer, today announced that it has signed an agreement with American Sterling Bank (ASB) to join its online auto finance program.
• 'BRAC to close St. Louis, KC Defense Finance services (BizJournals)
The Base Realignment and Closure Commission voted Thursday to close the Defense Finance and Accounting Services in St. Louis and Kansas City, affecting 900 jobs.
• 'Ex-aide says Brazil finance minister took bribes (San Diego Union-Tribune)
BRASILIA, Brazil, 11:21 a.m. Aug. 25: A former aide to Brazil's Finance Minister Antonio Palocci told a congressional panel Thursday that Palocci accepted bribes while a city mayor but said he had no proof to back up charges that could cost the highly regarded minister his job.