Archive for March, 2008

Bear Stearns is dead

Monday, March 17th, 2008

In light of entering into an agreement to merge with JPMorgan Chase, The Bear Stearns Companies Inc. (NYSE: BSC) will not be announcing its first quarter 2008 financial results on Monday, March 17, 2008, as previously scheduled.
And a cool one from their website:
“Bear Stearns
Founded in 1923, The Bear Stearns Companies Inc. (NYSE: BSC) is a […]

Bear Stearns bought by JPMorgan Chase

Monday, March 17th, 2008

Bear Stearns was bought by its competitor JPMorgan Chase for a bargain-basement price of $2 a share, or $236.2 million.
The stunning last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of confidence in the global financial system sparked by the collapse in the subprime mortgage market. Bear Stearns was the […]

FTI Consulting, Inc. Announces the Acquisition of TSC Brasil

Sunday, March 2nd, 2008

FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has acquired TSC Brasil Limitada (TSC), the leading systems integrator and computer forensic and IT security consultant in the Brazilian and greater South American marketplace. Terms of the transaction were not disclosed.
Founded in […]

China software outsourcing

Sunday, March 2nd, 2008

It is estimated that by 2011 China’s software offshore outsourcing market scale will reach 54.91 billion yuan, in 2006 -2011, a compound annual growth rate of about 38 per cent. According to Analysys International’s latest report “China’s offshore outsourcing market trend forecasts 2007-2011,” The results showed that, it is estimated that in 2011 China’s software […]