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BREAKING NEWS - August 21, 2008
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McJunkin Red Man plans $750 million IPO

PVF distributor to offer $750 million worth of stock, or roughly 35 percent of the company, to the public. More

United Stationers to buy Emco’s N.J. operation

Business products distributor to acquire New Jersey business office products wholesaler for $15 million. More

F.W. Webb sues State Street Corp. over 401K losses

Plumbing supplies distributor files lawsuit against Boston investment bank, accusing it of misrepresenting a fixed-income investment fund. More

Report: Weakness in U.S. economy shows no sign of easing

Growth of the Gross Domestic Product will slow to 1.3 percent next year, according to the Manufacturers Alliance/MAPI. More

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