International Business News - WCI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Regional banking company KeyCorp said Wednesday it is cutting $12.9 million of lending exposure with a Florida housing developer that filed for bankruptcy protection. http://www.ibtimes.com/articles/20080807/keycorp-cuts-loan-links-to-fla-housing-developer.htm Thu, 07 Aug 2008 07:48:29 EDT Carl Icahn's WCI Communities became the latest casualty of the housing market crisis Monday, filing for Chapter 11 bankruptcy protection after the home builder failed to get additional financing in the face of massive losses. http://www.ibtimes.com/articles/20080804/wci-communities-files-for-bankruptcy.htm Mon, 04 Aug 2008 13:47:49 EDT Billionaire Carl Icahn may use the three board seats at Yahoo Inc. that he added to his collection on Monday to do ... not much. The colorful corporate raider, who has been locked in a public feud with Yahoo over its rejection of Microsoft Corp.'s takeover attempt, spent more than $1.5 billion to amass a 5 percent stake in Yahoo and snag the board seats. But without the support of all-important institutional investors, his impact after winning similar fights has been muted. http://www.ibtimes.com/data/articleimgs/95051-yahoo-microsoft.jpg http://www.ibtimes.com/articles/20080721/big-fight-little-fallout-after-icahn-battles.htm http://www.ibtimes.com/articles/20080721/big-fight-little-fallout-after-icahn-battles.htm Mon, 21 Jul 2008 16:21:34 EDT Russian metals and mining company OAO Severstal on Monday said it completed its acquisition of Ohio steelmaker WCI Steel for $140 million in cash. WCI Steel, which will be known as Severstal Warren Inc., has a total annual steel-making capacity of 1.2 million metric tons. Severstal said the addition of WCI will solidify its position in North America. http://www.ibtimes.com/articles/20080707/severstals-140-million-deal-for-wci-steel-closes.htm Mon, 07 Jul 2008 14:05:05 EDT Upscale homebuilder WCI Communities Inc. said Friday its board of directors formed a special committee to evaluate alternative restructuring proposals. http://www.ibtimes.com/articles/20080613/wci-communities-forms-restructuring-committee.htm Fri, 13 Jun 2008 17:22:17 EDT