Fed's interest rate cuts do little to ease

Fed's interest rate cuts do little to ease borrowing costs for Fosters Daily Democrat - It also has taken down its discount rate on direct loans it makes to banks by 1.75 points to 3.5 percent. The biggest action came in January when it was clear that the housing market collapse was intensifying and discount flooring credit markets were seizing up due to Source: www.fosters.com Electronic Arts Offers $2 Billion to Acquire Take-Two (Update3) Bloomberg - That title was banned in the U.K. and discount flooring Target Corp., the second-largest U.S. discount chain, pulled it from stores in November. Electronic Arts, which first approached Take-Two in December, wanted to complete an acquisition after the Source: www.bloomberg.com Take-Two investors expect higher EA bid Daily Breeze - Several analysts pointed out that the valuation of the deal represents a discount to past acquisitions made by EA. The offer represents a premium of more than 60 percent to Take-Two's market value before the announcement was made. Source: www.dailybreeze.com Take Two responds to EA's buyout offer Playfuls - We believe this offer demonstrated our commitment to pursuing all avenues to maximize stockholder value, while we believe that EA s refusal to entertain this path is evidence of their desire to acquire Take-Two at a significant discount, whereas Source: www.playfuls.com Fed auction to be watched for signs of credit market distress The Independent - Last week, US banks borrowed from the Fed's "discount window" at a pace not seen since mid-January. The Fed lends money at a punitive interest rate at its discount window, and discount flooring interest had waned since the much cheaper auction facility was introduced Source: www.independent.co.uk Pool cars, get goodies galore Times of India - MUMBAI: If you give a lift to your neighbour, there is a good chance that you will get a discount on your car insurance premium, cinema ticket, and discount flooring even coffee and discount flooring food at some cafes and discount flooring restaurants. In a serious effort to tackle the mounting traffic Source: timesofindia.indiatimes.com Recessions as a business opportunity Boston Globe - Companies with enough cash in their coffers can also capitalize on falling stock prices to buy up financially weakened competitors - and discount flooring their customer bases - at a discount, as software maker Microsoft Corp. is seeking to do in its bid for Yahoo. Source: www.boston.com Continental Resources Reports Fourth Quarter and discount flooring Year-End 2007 Results Forbes - Our decision to store some crude oil production in late 2007 rather than sell at a significant discount has been rewarded with much narrower differentials in early 2008. Source: www.forbes.com U.S. Stock-Index Futures Are Little Changed; MBIA, Ambac Gain Bloomberg - Office Depot Inc., the second-biggest office-supplies retailer, and discount flooring Target Corp., the second-largest U.S. discount chain, are also due to release earnings before the market opens. Source: www.bloomberg.com