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Posts tagged "Credit crisis"

Heritage Commerce takes $40 million infusion from Treasury Department

Heritage Commerce, the parent company of San Jose-based Heritage Bank of Commerce, decided to take up the Treasury Department's offer for an infusion of $40 million in cash Read More →

UBS offers settlement to Telik over auction-rate securities

Telik, the unprofitable Palo Alto developer of cancer and diabetes drugs that has built up an accumulated loss of $479.5 million, got some good news Friday, even if it is Read More →

AP Pharma postpones most drug development and cuts workforce to conserve cash

AP Pharma, the Redwood City specialty pharmaceutical company, has begun rationing its resources to ensure its survival "in response to the deterioration of the overall economic environment and the financial Read More →

Stanford finance professor joins Moody’s board

Moody's, the financial ratings firm who's boss, Raymond McDaniel, testified before Congress earlier this month, along with the chiefs of the two other major ratings firms, about their agencies' lousy Read More →

Foundry postpones shareholder vote on Brocade’s offer yet again

Foundry Networks, which first postponed a shareholder vote to approve its proposed sale to Brocade Communications from last Friday to Wednesday, and then postponed it a Read More →

Something we all now have in common: we own shares of Wells Fargo

We doubt there are many U.S. followers of Docu-Drama who aren't invested in at least some Bay Area companies, if only through holdings in an S&P500 index fund. But if Read More →
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