2 major deals amid credit crisis

Courtesy Marketplace  Mon, 04/07/2008 - 14:56

Troubled mortgage lender Washington Mutual is close to nailing down $5 billion from a private equity firm. And, Switzerland's Novartis is spending $39 billion for a majority stake in the U.S. eye-care company Alcon.

Jill Barshay reports.


 

More related items

Stocks move higher as crude falls
Crude oil drops under $125. New-home sales and durable goods orders aren't as bad expected. Washington Mutual shares drop again. Juniper Networks...

The end of the beginning
With billions more in writedowns expected from Merrill Lynch and other financial firms, analysts are beginning to agree we may have a long way to go...

Was buying Countrywide a good idea?
Countrywide is officially part of Bank of America, but in the six months since B of A agreed to buy the mortgage company, its losses continued to...

Ruling threatens resales on eBay
A French court ordered eBay to pay millions for allowing knock-offs on its site, a decision that could have an impact on the auctioneer's business...

Nikon D80 10.2MP Digital SLR Camera Kit with 18-55mm f/3.5-5.6G...
One of the key advances developed for the D80 is its high-resolution image-processing engine, a dedicated new high-performance processing chip that...

Kata H-10 GDC Holster Case for a small DSLR
These revolutionary H-10 holsters give the extra TST protection while allowing for quick access to your Digital/SLR, and zoom lens set. The camera...

Tamrac Explorer 2 DSLR Camera Bag (Blue)
The Explorer 2 is ideal for carrying most digital or film SLRs (like Canon's 20D) with a grip and zoom lens attached, several additional lenses, a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com