| First Banks, Inc. and Coast Financial Holdings, Inc. Announce Signing of Agreement for Acquisition of Coast Financial ...
BRADENTON, Fla. & ST. LOUIS--(BUSINESS WIRE)--Coast Financial Holdings, Inc. (Nasdaq:CFHI - News), a bank holding company headquartered in Bradenton, Florida, and First Banks, Inc. ("First Banks")(NYSE: FBSPRA - News), a bank holding company headquartered in St. Louis, Missouri, jointly announce the signing of an Agreement and Plan of Merger providing for First Banks to acquire Coast Financial Holdings, Inc., a Florida bank holding company ("CFHI"), and its wholly owned banking subsidiary, Coast Bank of Florida, a Florida state chartered bank (collectively, "Coast"). Coast operates 20 banking offices in Florida's Manatee, Pinellas, Hillsborough and Pasco counties. Coast also has two planned de novo branch offices, one located in the Pinellas County community of Clearwater, and the other located in Sarasota County.
Dollar Thrifty Cuts Jobs
Dollar Thrifty Automotive Group Inc. on Thursday announced a reorganization plan designed to cut costs in the face of higher fleet and vehicles financing costs. As part of the plan, Dollar Thrifty will eliminate 25 percent of the management positions at its Tulsa, Okla., headquarters, as well as other support staff. .
Neuromed Announces that Merck & Co., Inc. Discontinues Development of Pain Drug Candidate, Joint Research Program ...
Neuromed Pharmaceuticals announced today that Merck & Co., Inc. and Neuromed have decided to discontinue development of NMED-160 (also known as MK-6721), a Phase 2 compound for the treatment of chronic pain. A joint research collaboration will continue to evaluate alternate, earlier stage, therapeutic candidates. .
b0972 BC-DomesticSpying 2ndLd-Writethru 08-06 1058 8/5/2007
Eds: CORRECTS 14th graf that legal documents sted call log were stored laptop. Moving on general news and financial services. This item moved previously as an advance and is now available for use. AP Photo ORASH501 By PAUL ELIAS Associated Press Writer SAN FRANCISCO (AP) -- In open court and legal filings it's referred to simply as "the Document." Federal officials claim its contents are so sensitive to national security that it is stored in a bombproof safe in Washington and viewed only by prosecutors with top secret security clearances and a few select federal judges. The Document, described by those who have seen it as a National Security Administration log of calls intercepted between an Islamic charity and its American lawyers, is at the heart of what legal experts say may be the strongest case against the Bush administration's warrantless eavesdropping program.
Group pressing to bring Major League Soccer to St. Louis area
ST. LOUIS (AP) -- An attorney leading the charge to lure big-time soccer to the St. Louis area will make his case next week to the Metro East community of Collinsville, Ill., for a new 18,500-seat stadium he thinks will kick-start the courtship. Jeff Cooper's pitch Monday to the Collinsville City Council on behalf of the St. Louis Soccer United group marks the biggest step yet in his group's quest to land a Major League Soccer expansion team by the 2009 season. .
THE FTSE 100 Index gained 3% yesterday as world markets held their nerve after Friday’s turmoil.
The rise of 180.7 points to 6219 represented a large chunk of the deficit seen by London in its previous session, when fears over banks' exposure to losses in the US sub-prime mortgage market caused widespread investor alarm. The rally was led by heavily-weighted mining stocks, buoyed by an upgrade for the sector from Credit Suisse. Miners accounted for the top three Footsie risers with Antofagasta leading the way with a gain of more than 10%, or 65p, to 685p as brokers also highlighted healthy prospects for copper prices. Anglo American was 216p ahead at 2816p, Rio Tinto up 212p to 3220p, Kazakhmys up 113p at 1195p and BHP Billiton 87p stronger at 1348p. .
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