Schroders spends second day atop FTSE 100 leaders list
European equities markets were higher Friday, at least partly owing to news from the US Labor department that the US economy lost only 36,000 non-farm jobs last month rather than the 50,000 decline that had been expected.
The FTSE 100 was up 1.31 percent to 5,599.76 in London, while the FTSE 250 added 1.13 percent to [...]
[ Published on :
Mon, 08 Mar 2010 10:33 ]
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Glincher Realty alters credit facility terms
(AP)
AP - Real estate investment trust Glimcher Realty Trust said Monday it has extended and changed its agreement for its $470 million unsecured credit facility with its lenders, including KeyBank National Association and Bank of America NA.
[ Published on :
Tue, 09 Mar 2010 09:20 ]
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PwC report reveals more job woes
A report from accountants PricewaterhouseCoopers (PwC) has revealed more disappointment in the jobs market despite the UK emerging from recession in the fourth quarter of 2009.
The report, which is based on interviews with bosses of 70 of the country’s largest companies, found that 28% of bosses are planning redundancies over the next year.
The findings will [...]
[ Published on :
Wed, 24 Feb 2010 11:15 ]
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Toyota chief says training lapsed amid fast growth
(AP)
 AP - Toyotas training of workers to maintain quality control failed to keep up with the companys rapid growth, its president Akio Toyoda said in an interview with a major Japanese business daily.
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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Dollar climbs on renewed worries over Greece
(AP)
AP - The dollar rose Thursday as Greece warned that it will be forced to turn to the International Monetary Fund if the European Union cant agree to a bailout plan.
[ Published on :
Fri, 19 Mar 2010 10:33 ]
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CIBC wins dismissal of suit over subprime holdings
(Reuters)
Reuters - A U.S. federal judge dismissed a shareholder lawsuit accusing Canadian Imperial Bank of Commerce and four executives, including Chief Executive Gerald McCaughey, of misleading investors about the banks exposure to subprime mortgages.
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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Handful of countries see house price growth in 2009
The Rics European Housing Review 2010 has revealed a mixed bag for European house prices.
The Royal Institution of Chartered Surveyors (Rics) found that only five countries reported growth in house prices - with the UK being one of them - rising by 1% in 2009.
Norway led the way with a 12% gain during 2009, while [...]
[ Published on :
Wed, 03 Mar 2010 10:49 ]
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New mortgage lending plummets
There were 49% fewer house purchase loans approved in January than in December, the Council of Mortgage Lenders (CML) has reported.
According to the body, the steep decline “emphatically demonstrates” the impact of the end of the stamp duty holiday, in December.
First-time buyers recorded the largest drop among house purchasers: in January, approvals were down to [...]
[ Published on :
Mon, 15 Mar 2010 13:53 ]
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Snoop Dogg in the IRS Doghouse
(The Motley Fool)
The Motley Fool - The headline to this story practically writes itself, which makes it hard to pick just one. To sum up the latest celebrity financial foible, here are three other titles that didnt quite make the cut:
[ Published on :
Fri, 26 Feb 2010 09:38 ]
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Toyota CEO apologizes for recall, accidents
(AP)
 AP - Japanese formality meets freewheeling Washington as the mysterious scion of the Toyota empire apologizes before a House committee investigating deadly flaws that sparked the recall of 8.5 million cars.
[ Published on :
Wed, 24 Feb 2010 11:16 ]
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Authorities: Prius seen near Border Patrol vehicle
(AP)
 AP - A California Highway Patrol report released Wednesday says an officer responding to a report of a runaway Toyota Prius arrived to find a Border Patrol agent near the driver with lights flashing.
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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