IPO Reporter

SYDNEY (Reuters) - The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street Journal reported on Friday.
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HONG KONG (Reuters) - Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent, while the yen and U.S. Treasury debt prices rose, as panic set in after global efforts so far failed to unlock credit markets.
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TOKYO (Reuters) - The global economic crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks, as Tokyo shares flirted with their biggest one-day fall since the 1987 market crash.
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(Reuters) - American International Group Inc has so far borrowed $70.3 billion under a U.S. government bailout loan even as regulators keep a close eye on how the insurer is using those funds, The Wall Street Journal said.
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NEW YORK (Reuters) - A worsening job market and financial market turmoil slammed U.S. consumer spending in September, despite falling gasoline and food prices, according to a private report released on Friday.
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HONG KONG/NEW YORK (Reuters) - Fearful selling clenched Asian markets on Friday after U.S. stocks plunged, heaping pressure on economic powers to halt a global spiral of financial distress and slowing growth.
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NEW YORK (Reuters) - Prudential Financial Inc is the latest major insurer to warn its quarterly profits would miss forecasts, as the shares of rivals were pummeled on concern they would need to raise capital.
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3Com OKs Merger with Eye on Breakup Fee

March 24, 2008 — IDG News Service — 3Com shareholders overwhelmingly approved a merger offer on Friday that had been cancelled the day before. The vote appeared to be designed to ens...
Alpha Natural Resources Announces Pricing of Concurrent Offerings of Common Stock and Convertible...

Alpha Natural Resources, Inc. today announced the pricing of its underwritten public offering of common stock. Alpha has agreed to sell 3,636,363 shares of its common stock at a public offering price of $41.25 per share and has granted the underwriters an option to purchase up to an additional 545,454 shares of common stock on the same terms and conditions to cover over-allotments, if any.