China: US assets should not be politicized
(AP)
 AP - An official in charge of Chinas foreign reserves tried to ease American concern Tuesday about the political impact of Beijings huge holdings of U.S. government debt.
[ Published on :
Tue, 09 Mar 2010 09:19 ]
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Barclays leads European banks higher on profits
European equities markets were higher Tuesday as banks and miners saw gains.
The FTSE 100 added 1.48 percent to 5,244.06 in London, while the FTSE 250 gained 1.14 percent to 9.176.27.
Barclays Bank (LSE: BARC) led gainers on the 100 as it added 6.8 percent on better than expected full year profits, while Royal Bank of Scotland [...]
[ Published on :
Wed, 17 Feb 2010 09:26 ]
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E-Trade getting back on track, analyst says
(AP)
AP - E-Trade Financial Corp., which took a black eye from losses on its subprime mortgage holdings, is getting back on track by focusing on its roots as an online brokerage, an analyst said Monday.
[ Published on :
Tue, 23 Feb 2010 10:31 ]
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Close Brothers Group leads gains in London
European markets were higher Tuesday, with gains coming after Standard & Poor’s issued a report saying that Greece is likely to meet immediate goals toward righting its troubled economy.
The FTSE 100 was up 0.48 percent to 5,620.43 in London, while the FTSE 250 added 0.52 percent to 9,930.04.
The biggest gain in London came on the [...]
[ Published on :
Wed, 17 Mar 2010 10:12 ]
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Norway excludes tobacco investments from oil fund
Norway’s government pension fund can no longer be invested in tobacco companies under new guidelines introduced by the country’s Ministry of Finance.
“Production of tobacco has been introduced as a new criterion for exclusion, and we have already followed up the Council on Ethics’ recommendations to sell our holdings in tobacco producing companies,” said finance minister [...]
[ Published on :
Fri, 05 Mar 2010 02:42 ]
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Lexington Realty Trust posts 4th-quarter FFO loss
(AP)
AP - Lexington Realty Trust on Wednesday posted a funds-from-operations loss for its fourth quarter, largely due to reductions in the value of some of its real estate holdings.
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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Mexicos Televisa to buy 30 pct of Nextel Mexico
(AP)
AP - Mexican media giant Televisa said Monday it has agreed to buy 30 percent of cell phone carrier Nextel de Mexico for $1.44 billion as part of its plan to offer quadruple play mdash; voice, video, Internet and wireless products.
[ Published on :
Tue, 16 Feb 2010 09:40 ]
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Forth Ports adds over 25 percent on offers
European equities markets were mixed Monday as London markets gained slightly but markets in Paris and Frankfurt were lower.
The FTSE 100 and FTSE 250 each added 0.12 percent on the session in London, to 5,606.72 and 9,786.39 respectively.
Forth Ports (LSE: FPT) was the biggest winner by far in London as it added 25.6 percent on [...]
[ Published on :
Tue, 09 Mar 2010 09:19 ]
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Insurer Prudential drops 12 percent on acquisitions news
European markets were higher Monday as commodities prices jumped, but some insurers were lower on the session.
The FTSE 100 added 0.96 percent to 5,405.94 in London, while the FTSE 250 gained 1.45 percent to 9,479.83.
In a mixed insurance sector, Prudential (LSE: PRU) dropped 12.03 percent to lead declines on the 100 and in London after [...]
[ Published on :
Tue, 02 Mar 2010 10:37 ]
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Computacenter adds 10 percent on session
Equities markets were higher in Europe Wednesday.
The FTSE 100 added 0.62 percent to 5,276.64 in London, while the FTSE 250 gained 1.67 percent to 9,329.92.
IT services group Computacenter (LSE: CCC) led gainers on the 250 and in London generally as it added 10.15 percent, while the best performance on the 100 came from hedge fund [...]
[ Published on :
Thu, 18 Feb 2010 10:22 ]
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Schroders leads 100 in London
European equities markets were mixed Thursday as miners declined on lower copper prices but most banks managed gains on the session.
The FTSE 100 was 0.11 percent lower to 5,527.16 in London, but the FTSE 250 added 0.55 percent to 9,665.29.
Asset management group Schroders (LSE: SDR; SDRt) led gainers on the 100 as non-voting shares were [...]
[ Published on :
Fri, 05 Mar 2010 09:28 ]
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BSkyB adds 5 percent on News Corp bid rumors
Most European equities markets were higher Friday, although the CAC-40 was 0.04 percent lower to 3,927.4 in Paris.
The FTSE 100 added 0.15 percent to 5,625.65 in London, while the FTSE 250 gained 0.88 percent to 9,941.56.
British Sky Broadcasting Group led gainers on the 100, adding 5 percent on rumors that News Corp (NYSE: NWS) could [...]
[ Published on :
Mon, 15 Mar 2010 13:53 ]
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Dubai debt fears resurface as questions linger
(AP)
AP - As world markets warily eye Greeces financial crisis, investors are once again focusing on unresolved questions surrounding how deeply indebted Dubai will pay its bills.
[ Published on :
Wed, 17 Feb 2010 09:27 ]
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SKorean finance chief warns against rate increase
(AP)
 AP - South Koreas finance minister warned Monday the countrys economic recovery remains too fragile to withstand an increase in borrowing costs from a record low, cautioning the central bank just days ahead of a rate-setting policy meeting.
[ Published on :
Mon, 08 Mar 2010 10:33 ]
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