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Thursday October 16th 2008

Austin Business Journal

Preview
AMD narrows Q3 loss to $67 million
Advanced Micro Devices Inc. on Thursday reported a third quarter loss of $67 million, or 11 cents a share, compared with a loss in the same quarter last year of $396 million, or 71 cents a share.
Zimmer Holdings finalizes purchase of Abbott Spine
Zimmer Holdings Inc.’s $360 million purchase of Abbott Spine is complete. (ZMH)
Door No. 3 writer wins Dead Radio contest with Southwest spot
Southwest Airlines might want to take a second look at a radio spot it nixed from Austin public relations agency Door Number 3.
Temple-Inland shares fall 18%
Shares of corrugated packaging and building products company Temple-Inland Inc. dropped more than 18 percent on Thursday as it suffered the effects of an apparent failed price hike in the containerboard industry.
Forbes ranks Austin best city for the value
When it comes to getting the most for your money, Texas appears to have a lock on the country.

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Atlanta Business Chronicle

Preview
McCain compares Obama’s tax plans to Hoover
Sen. John McCain compared Democratic presidential rival Barack Obama’s tax and trade stances to those of Herbert Hoover in their third and final debate Wednesday night warning they could exacerbate an already rough economy.
Social Security benefits to jump $750 in 2009
The average retiree will have about $750 more coming to them next year thanks to a rise in Social Security benefits.
Coca-Cola adds Lagomasino to board
The Coca-Cola Co.’s board of directors has added GenSpring Family Offices CEO Maria Elena Lagomasino as a member. (KO)
Tom Daschle speaks on economy and election
Upon being defeated for re-election to his U.S. Senate seat from South Dakota in 2004, Tom Daschle was recruited by his former Senate rival Bob Dole to work out of the Washington, D.C., office of Alston & Bird as a special policy advisor. Daschle spent 10 years in the Senate as the Democratic Party. […]
Ashton Woods expects up to $18M loss
Atlanta-based home builder Ashton Woods USA LLC cannot file its most recent quarterly financial report to the federal government on time, but it expects a loss of between $13 million and $18 million for the period, the company said in a Securities and Exchange filing.

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