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Small Firms May Offer Big Returns (New York Times)
Companies with substantial net cash on their books are often working through difficulties, and many factors determine whether they truly are bargains for investors.
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BARGAIN HUNTERS (Las Vegas Review-Journal)
Conventioneers to the Off-Price Specialist Show check out displays of clothing Tuesday at the Sands Expo and Convention Center. Photos by John Gurzinski .
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OSU student sentenced in drug ring (Corvallis Gazette-Times)
Teen trades jail time for possible clean record
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Cassville Store Reopens (WTAJ-TV Altoona)
CASSVILLE , HUNTINGDON COUNTY - The re-opening of a convenience store, almost one year after a devastating fire, was a big deal in one part of rural Huntingdon County early on this Wednesday. In the community of Cassville, peeple turned out because everybody loves a bargain.
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Prachanda’s China trip ‘costly’ (Gulf Times)
Kathmandu: Nepal’s first Maoist Prime Minister Pushpa Kamal Dahal Prachanda’s China visit has proved costly for the cash-strapped Himalayan republic, causing it financial, economic and diplomatic losses.
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Prachanda's China trip proves costly for Nepal (IANS via Yahoo! India News)
Kathmandu, Aug 28 (IANS) Nepal's first Maoist Prime Minister Pushpa Kamal Dahal Prachanda's China visit has proved costly for the cash-strapped Himalayan republic, causing it financial, economic and diplomatic losses.
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Prachanda's China trip proves costly for Nepal (New Kerala)
By Sudeshna Sarkar, Kathmandu, Aug 28 : Nepal's first Maoist Prime Minister Pushpa Kamal Dahal Prachanda's China visit has proved costly for the cash-strapped Himalayan republic, causing it financial, economic and diplomatic losses.
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Posco, Hyundai Heavy Bid for Majority Stake in Daewoo (Update1) (Bloomberg.com)
Four bids were made, including those from GS Group and Hanwha Group, before the 3 p.m. deadline today, according to state-controlled Korea Development Bank. The lender and Korea Asset Management Corp. are selling their 50.4 percent stake, valued at 3.4 trillion won at today's close, in the shipbuilding industry's biggest sale.
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Posco, Hyundai Heavy Bid for Controlling Stake in Daewoo Ship (Bloomberg.com)
State-owned Korea Development Bank and Korea Asset Management Corp. are selling their 50.4 percent holding in Seoul-based Daewoo Shipbuilding. Preliminary bids had to be submitted by 3 p.m. local time today. The banks will pick a preferred bidder in October.
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Posco Needs to Buy Daewoo Ship for Growth, Has Cash (Update1) (Bloomberg.com)
``We will do our best step by step to take over Daewoo Shipbuilding because we need Daewoo for future growth,'' Posco spokesman Choi Doo Jin said in an interview late yesterday. ``We also have sufficient cash for the bid.''
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