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Hit hard by the credit crisis and likely recession, boat dealership chain MarineMax Inc. reported a multimillion-dollar loss and saw its sales fall nearly 50 percent. ...more
November 12, 2008
Hit hard by the likely recession and credit crisis, boat dealership chain MarineMax Inc. lost $11.1 million in its most recent quarter and saw its sales fall nearly 50 percent. ...more
November 11, 2008
Accentia Biopharmaceuticals, the Tampa-based drug development company, has filed for bankruptcy protection while it tries to cut costs and seek additional financing. ...more
November 11, 2008
Now that American taxpayers have committed hundreds of billions of dollars to save the banking system, it's appropriate to assess what they are getting for their investment. ...more
November 1, 2008
PNC Financial Services Group said Friday that it is acquiring National City Corp. for $5.58 billion in one of the first concrete signs of how banks could use fresh investments from a government bailout program. ...more
October 25, 2008
The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday. ...more
October 23, 2008
The Federal Reserve on Tuesday introduced a program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis. ...more
October 22, 2008
As world financial markets continue to roil, credit card users may see higher fees, higher interest rates and lower credit limits. Credit card companies are raising rates as high and often as possible in response to the credit crisis, credit counselor Harold Stephenson says. ...more
October 16, 2008
Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more
October 14, 2008
General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. ...more
October 12, 2008
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