Gary Hill

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Updated: 8 years 51 weeks ago

U.S. Bancorp acquires deposits of failed Downey, PFF (Reuters)

Sat, 2008-11-22 08:08
U.S. Bancorp acquires deposits of failed Downey, PFF (Reuters) By admin | WASHINGTON (Reuters) – U.S. banking regulators seized California banks Downey Savings and Loan and PFF Bank & Trust late Friday as the housing crisis claimed two more victims from the financial crisis. U.S. Bancorp took over the two banks' branches, deposits, and most of their assets, the Federal Deposit Insurance Corp said. Downey, which specialized in exotic mortgages known as "option ARMs," is the third largest

Citigroup talking to U.S. government as shares dive: source (Reuters)

Sat, 2008-11-22 08:08
Citigroup talking to U.S. government as shares dive: source (Reuters) By admin | NEW YORK (Reuters) – Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said. The bank has met with officials from the Federal Reserve and the U.S. Treasury Department in recent days to discuss its options, which include an endorsement from the government and another capital injection from th

REUTERS: SEC asked Buffett's Berkshire for derivative data

Fri, 2008-11-21 22:00
By Jonathan Stempel NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research, Stock Buzz) (BRKb.N: Quote, Profile, Research, Stock Buzz) provided details to the U.S. Securities and Exchange Commission on how it values what has so far been a money-losing $37.04 billion derivatives bet, after the regulator asked for better disclosure. The SEC completed its review on October 7 without further comment, four days after Berkshire said it did not need to buy equ

Citigroup eyes options, including merger (Reuters)

Fri, 2008-11-21 06:10
Citigroup eyes options, including merger (Reuters) By admin | NEW YORK (Reuters) – Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. The second-largest U.S. bank by assets is looking at options now, including a sale of parts of the company or a merger with another firm, after its stock fell 50 percent this week,

San Paolo Brasile voli hotel aeroporto San Paolo; descrizione foto

Wed, 2008-11-19 19:04
San Paolo Brasile voli hotel aeroporto San Paolo; descrizione foto 12:04 pm Di San Paolo la capitale dello stato di San Paolo in Brasile, oltre alla possibilità di trovare i voli per gli aeroporti (CGH) Congonhas Aeroporto Internazionale, (GRU) Guarulhos Aeroporto, (VCP) Viracopos Aeroporto, di San Paolo che la collegano con le altre città del Brasile e gestiscono i più tanti voli internazionali verso e dal Brasile, e gli hotel della città, grazie ai motori di ricerca dei migliori tou

Alex Masi - "Attack Of The Neon Shark" (1989) @320

Mon, 2008-11-17 22:50
Alex Masi's first solo album, Attack Of The Neon Shark is an exciting, groundbreaking affair that was nominated for a Grammy in 1989. The features the slashing, sometimes harmonically dissonant (in the Friedman/Becker/Cacophony sense, such as "DFWM" and the title track), instrumental metal/hard rock patented by Masi (although vocalist Jeff Scott Soto does appear on "Under Fire"). Other featured musicians include drummer Frankie Banali, Allan Holdsworth (on synthaxe) and Kuni (who plays the first

iW NEWS | Falco Mourns Loss of Co-founder, Gary Hill

Sat, 2008-11-15 15:19
Gary Hill, a founding partner of film pr firm Falco Ink, passed away last week after a battle with kidney disease. A twenty-five year veteran of the entertainment industry, Hill left Falco two years ago to co-found the Berkshire International Film Festival. Hill began his career as an assistant to Brian DePalma, working on "Scarface," "Blow Out" and "Dressed To Kill" and moved into PR in the 80s. In 1999, he left PR firm Clein + White with a group of partners to form Falco Ink. Hill retired fro

Delphi seeks approval for sale of exhaust business

Sat, 2008-11-15 02:41
Delphi seeks approval for sale of exhaust business November 15th, 2008 LOS ANGELES (Reuters) - Bankrupt U.S. auto parts supplier Delphi Corp (DPHIQ.PK: Quote, Profile, Research, Stock Buzz) on Friday sought expedited approval for a bidding process aimed at selling off its exhaust business. Delphi asked for a November 24 hearing to obtain court approval of the sale of its exhaust business to Bienes Turgon S.A. de C.V. for about $17 million, as well as competitive bidding procedures to be used

UPDATE 3-InBev cleared to buy Anheuser-Busch

Sat, 2008-11-15 00:03
UPDATE 3-InBev cleared to buy Anheuser-Busch November 15th, 2008 (Recasts, updates with stock close, adds InBev comment) By Diane Bartz WASHINGTON, Nov 14 (Reuters) - Belgium’s InBev NV (INTB.BR: Quote, Profile, Research, Stock Buzz)cleared the last hurdle to buying Anheuser-Busch Cos Inc(BUD.N: Quote, Profile, Research, Stock Buzz), creating the world’s largest brewer, when it gainedU.S. antitrust approval for the $52 billion deal after agreeingto sell its Labatt USA subsidiary. Under

Microchip says will nominate slate for Atmel board

Wed, 2008-11-12 16:09
Microchip says will nominate slate for Atmel board November 12th, 2008 SAN FRANCISCO, Nov 12 (Reuters) - Microchip Technology Inc(MCHP.O: Quote, Profile, Research, Stock Buzz) said on Wednesday it would seek to replace AtmelCorp’s board with its own candidates, signalling itsdetermination to acquire the rival chipmaker even as theturbulent markets continue to capsize deals all around. Last month, Microchip and ON Semiconductor Corp (ONNN.O: Quote, Profile, Research, Stock Buzz)jointly made

Neuer Berliner Kunstverein n.b.k. presents Conceptual Art From California

Tue, 2008-11-11 18:31
Neuer Berliner Kunstverein n.b.k. Terry Fox: Flour Dumplings, 1981 Courtesy: n.b.k. Video-Forum Conceptual Art From California November 12 - November 23, 2008 Opening: Tuesday, November 11, 7pm Neuer Berliner Kunstverein n.b.k. Chausseestraße 128-129 10115 Berlin , Germany http://www.nbk.org Conceptual Art From California Max Almy, Ant Farm, John Baldessari, Aristarkh Chernyshov / Vladislav Efimov, Timothy Collins, Lowell Darling, Christoph Draeger / Martin Frei, Terry Fox, Ingo Ge

Citigroup to rework thousands of mortgages

Tue, 2008-11-11 18:00
Citigroup to rework thousands of mortgages November 12th, 2008 By Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc on Monday became the latest major U.S. lender to try to help borrowers stay in their homes, launching a program it said may result in $20 billion of mortgage refinancings. The second-largest U.S. bank by assets expects in the next six months to reach out to 500,000 borrowers it said may need help to stay current on payments. It is focusing particularly on areas “likely to fac

Europe cuts rates as Obama to address global crisis (Reuters)

Fri, 2008-11-07 12:12
NEW YORK (Reuters) – Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U.S. retail sales in decades and an IMF forecast for an economic contraction not seen since World War Two. The rate cuts failed to halt the slide of global stock markets amid distressing signs including top automaker Toyota halving its profit forecast and expectations the United States could report another 200,000 job losses on Friday. "It looks like the financial

The coffee's always on at Kerr Cultural Center

Thu, 2008-11-06 18:59
Marilyn Riddel never misses a Tuesday Morning Music & Tea concert at ASU Kerr Cultural Center — unless something really pressing comes up. “I enjoy watching the young performers. They are very talented,” she said. “And the faculty are unbelievably good. It makes me proud of the music department at ASU.” Tuesday Morning Music & Tea – with tea provided by Souvia Tea, Scottsdale – is one of two popular free morning concert series at Kerr Cultural Center in Scottsdale. It features student

Obama victory met with job losses, market mayhem (Reuters)

Wed, 2008-11-05 20:13
NEW YORK (Reuters) – Vanishing jobs and slumping markets confronted Barack Obama on the first day after his historic election as U.S. president, escalating pressure for urgent action to curb the world's relentless financial crisis. A day after being elected America's first black president, Obama heard a chorus of congratulations from around the world but also warnings about the creeping global recession that will crowd the top of his agenda along with the wars in Iraq and Afghanistan. Inv

With videos, high art meets high-tech

Thu, 2008-10-30 16:23
Jefferson Godard starts his morning like anyone else. He turns on the radio. He turns on the coffeemaker. He turns on “Stealing Beauty,” a limited-edition video installation that continually loops images of a family shopping at Ikea. “Having these saturated sounds and images surrounding you all the time, it never becomes dull,” he says. “It’s like I’m living in a machine. A machine of video art.” The Chicago architect is among a growing segment of serious art collectors who are helping eleva

UPDATE 1-Canadian Oil Sands profit rises, cuts distribution

Thu, 2008-10-30 02:15
UPDATE 1-Canadian Oil Sands profit rises, cuts distribution October 30th, 2008 NEW YORK, Oct 29 (Reuters) - Canadian Oil Sands Trust(COS_u.TO: Quote, Profile, Research, Stock Buzz), which holds the biggest stake in Syncrude CanadaLtd, said on Wednesday its third-quarter profit rose on highersales, but it cut quarterly distribution by 40 percent. The trust, which has a 37 percent share in Syncrude, theworld’s larger oil sands producer, earned C$604 million, orC$1.25 per unit, up from C$361 m

Former Dell executives sue over sex discrimination

Thu, 2008-10-30 01:40
Former Dell executives sue over sex discrimination October 30th, 2008 By Syantani Chatterjee LOS ANGELES, Oct 29 (Reuters) - Female former topexecutives of Dell (DELL.O: Quote, Profile, Research, Stock Buzz) have sued their ex-employer, theworld’s second-largest computer maker, alleging genderdiscrimination and seeking $500 million in damages. The Texas-based multinational technology company, whose top14 executives are male, unfairly laid off four former seniorfemale employees in the job

UPDATE 1-Mexico’s Comerci posts quarterly loss

Wed, 2008-10-29 02:22
UPDATE 1-Mexico’s Comerci posts quarterly loss October 29th, 2008 (Adds details on revenue, court filings and derivativespositions) MEXICO CITY, Oct 28 (Reuters) - Mexican retailer ComercialMexicana posted a 3.79 billion peso ($346 million) net loss forthe third quarter on Tuesday, slammed by losses in its currencyderivatives positions, the company said. Comercial Mexicana, known as Comerci (COMEUBC.MX: Quote, Profile, Research, Stock Buzz), hadearned 616 million pesos in the July to Sept

Motorola plans job cuts, focus on Google software: report

Wed, 2008-10-29 02:08
Motorola plans job cuts, focus on Google software: report October 29th, 2008 NEW YORK (Reuters) - Motorola Inc’s (MOT.N: Quote, Profile, Research, Stock Buzz) co-chief executive, Sanjay Jha, plans to make more job cuts and simplify how it makes devices, the Wall Street Journal reported on its website on Tuesday. Details of the plan, which could include thousands of layoffs, could be announced Thursday, when the company reports its results, the paper said. Jha, who heads the mobile devices b