Tuesday, October 7, 2008

East Bay Firms Hit by Wall Street Meltdown

by Chris Thompson
Tue, Oct 7, 2008 at 9:17 AM

We got ourselves another wild ride on Wall Street, hombres! And according to the East Bay Business Times, the East Bay's public companies were immune to the panic. Pleasant medical device manufacturer The Cooper Companies lost eight percent of its value, Onyx Pharmaceuticals lost six percent, and the transportation company Pacer lost 5.2 percent. Could've been worse, all things considered. But Sybase lost another 4.38 percent of its value, and considering it already lost 8.5 percent last week, that ain't good.

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