Amaranth to liquidate remaining positions
182330
Amaranth Advisors LLC, the hedge fund manager which lost billions of dollars in energy trades, will suspend redemptions and liquidate its remaining positions, the company said in a letter made available to Reuters on Friday.
301093
The scandal-beset company will also lay off about 10 percent of its work force.
212931
Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors&#39; funds.
371330
THE REGION Procter &amp; Gamble Co. has eliminated 2,800 positions over the past fiscal year, with more than half coming from Gillette, as a result of P&amp;G's takeover of the Boston shaving firm. P&amp;G's $54 billion acquisition of Gillette is expected to result in an estimated 5,000 job cuts from the combined workforce of about 140,000. Already, Boston has lost ...
47181
As federal health officials investigate a deadly outbreak of bacteria-tainted bagged spinach that has killed one person and sickened dozens more, restaurants and grocery stores around the country are temporarily pulling spinach off menus and shelves.
528822
Amaranth Advisors is said to have sold its book of energy trades to J. P. Morgan and the Citadel Investment Group.
127434
Amaranth Advisors LLC, the Connecticut   hedge fund that lost billions of dollars in energy trades in   the last few weeks, told investors it has completed   negotiations to transfer its energy portfolio to "a third   party," according to a letter obtained by Reuters.
731341
Coloradoâs Aurora Organic Dairy agreed Wednesday to stop applying the organic label to some of its milk and to make major changes in its operations after its organic certification was threatened.
380354
Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around nine plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
4752
Science & environment: DIY chain to stop selling environmentally damaging heaters once current stock is sold off
205405
Business & money: Troubled supermarket chain will close around 90 of its stores.
103216
Citigroup Inc.  has all but ended talks to purchase assets or a stake in stricken hedge fund manager Amaranth Advisors LLC, a person familiar with the situation said on Friday, making the chances more remote that the fund will survive.
686945
Hedge fund Amaranth Advisors LLC said  on Sunday it retained Fortress Investment Group LLC, a New  York-based $24 billion alternative asset manager, as a  sub-advisor to the Amaranth funds.
523733
PepsiCo Inc. will close four Frito-Lay factories by the end of the year, as it moves to streamline production, the company said Thursday.
395375
Company will exit the flat panel TV market.
650585
The manufacturer of Aga cookers is considering splitting its business and selling off part of it.
564753
Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.