The News Review:
- Lehman Private-Equity Arm Gains New Investment
- Ipswitch WhatsUp Gold Network Management Gives Back in 2009
- Wal-Mart disappoints analysts Walgreen chops management team
Lehman Private-Equity Arm Gains New Investment
Wall Street Journal
As part of the move Lehman estate will retain a substantial interest in the private-equity shop called Lehman Brothers Merchant Banking. The business has $4. 5 billion under management and holds stakes in more than a dozen portfolio companies including a Spanish railcar manufacturer to a U. bicycle-components maker. The deal also involves South African billionaire Mr. Rupert whose Luxembourg-listed investment vehicle Reinet Investments SCA will assume $250 million in unfunded commitments to the fund.
Ipswitch WhatsUp Gold Network Management Gives Back in 2009
MSNBC
\’s Network Management division the leading developer of affordable and easy to use network management software WhatsUp Gold today announced that it will donate $25000 to CARE one of the world\’s largest non-profit private international humanitarian organizations fighting against global poverty. For every new purchase of WhatsUp Gold made from January 8th through February 14th 2009 Ipswitch will give $100 back to the community on behalf of the customer.
Related from Spamblockermonster: Ipswitch Introduces IMail Server v10.02 With Newly Integrated …
Wal-Mart disappoints analysts Walgreen chops management team
Bizjournals.com NC
_1E46662E01E04AA4ABA74AF0A67ADF17. (NYSE:WAG) announced plans to offer early retirement and severance programs to some 1000 corporate and field management employees or 9 percent of those positions as part of its Rewiring for Growth initiative. Those cuts however do not include store personnel. The figures confirmed fears that the holiday season was the weakest in a generation and retailers of nearly every shape and size felt the pinch. Wal-Mart (NYSE:WMT) posted a smaller sales gain than what Wall Street expected and cut its fourth-quarter earnings outlook. The world’s largest retailer said same-store sales or sales at stores open at least a year rose 1.