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CIMCON Software Reinforces Market Leadership with Strong Performance and Major Enterprise Customer Acquisitions in 2008 (PR Newswire via Yahoo! Finance)
CIMCON Software, Inc., the pioneering market leader in spreadsheet controls and compliance, today announced the completion of another highly successful year in 2008 that included major new customer acquisitions in North America and Europe across a broad range of industries such as financial services, insurance, banking, trading, energy and manufacturing.
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Indian Rupee Falls a 2nd Day as Stocks Tumble on Satyam Scandal (Bloomberg)
Jan. 7 (Bloomberg) -- India’s rupee fell to the lowest this week as stocks tumbled after the chairman of Satyam Computer Services Ltd. resigned, saying the software company had falsified accounts and assets.
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Samberg’s Pequot Said to Face New SEC Insider-Trading Inquiry (Bloomberg)
Jan. 8 (Bloomberg) -- The U.S. Securities and Exchange Commission opened a new investigation into whether Pequot Capital Management Inc., the hedge fund run by Arthur Samberg , illegally profited in 2001 by tapping inside information on Microsoft Corp., two people familiar with the matter said.
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Satyam loses Rs 10K cr in m-cap (Business Standard India)
Beleaguered software services major Satyam today bit the dust on the bourses and lost as much as Rs 10,000 crore in market capitalisation in a single trading session, after the scrip dipped to hit an all-time low level.
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Two Class Action Suits Filed Against Satyam In U.S. (New York Times)
Less than a day after Satyam Computer Services disclosed a massive accounting fraud, the lawsuits have already emerged.
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India’s Rupee Pares Gain, Stocks Slide as Satyam Chairman Quits (Bloomberg)
Jan. 7 (Bloomberg) -- India’s rupee surrendered the bulk of the day’s gains and stocks tumbled after the chairman of Satyam Computer Services Ltd. resigned, saying the software company had falsified accounts and assets.
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Pequot Said to Face New SEC Insider-Trading Inquiry (Update1) (Bloomberg)
Jan. 7 (Bloomberg) -- The U.S. Securities and Exchange Commission opened a new investigation into whether Pequot Capital Management Inc., the hedge fund run by Arthur Samberg , illegally profited from inside information on Microsoft Corp. in 2001, two people familiar with the matter said.
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Intel's miss weighs on Microsoft shares (AP via Yahoo! News)
Shares of Microsoft Corp., the world's largest software maker, sank Wednesday after chip maker Intel Corp. said fourth-quarter sales missed already lowered expectations.
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U.S. stocks end sharply lower; worst day for Dow since Dec. 1 (MarketWatch via Yahoo! Finance)
Stocks thud lower, with the Dow dropping the most since Dec. 1, as investors confront more evidence of a deteriorating labor market and downbeat news from metals giant Alcoa Corp. and technology bellwether Intel Corp.
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European Stocks Fall After Six-Day Rally; U.S. Futures Decline (Bloomberg)
Jan. 7 (Bloomberg) -- European stocks retreated for the first time in seven days on speculation deteriorating earnings will overshadow government efforts to revive the global economy. U.S. index futures fell, while shares in Asia advanced.
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