November, 2007
Uncategorized - November 29, 2007 15:00
Futures slip after jobless claims data (Reuters)
Futures slip after jobless claims data (Reuters) Reuters – Stock index futures edged lower on Thursday, pointing to a lower market open, after weekly jobless claims jumped to the highest level since February. Source: news.yahoo.com
Opec ready to meet Asian demand rise
Opec ready to meet Asian demand rise ABU DHABI / SINGAPORE UAE Energy Minister Mohammed bin Dha’en Al Hamili yesterday reiterated readiness of the members of Organisation of Petroleum Exporting Countries (Opec) to increase their oil production to meet the rising demand in Asia. Al Hamili, Source: c.moreover.com Ivorian cocoa union says to blockade San [...]
Tokyo pushes up to two-week high
Tokyo pushes up to two-week highJapanese equities rose more than 2 per cent with a fall in the yen to below the Y110 to the dollar level pushing the Nikkei up 2.4 per cent to 15,513, its highest close in over two weeksSource: www.ft.com
E*Trade gets $2.55 bln cash infusion from Citadel
E*Trade gets $2.55 bln cash infusion from Citadel NEW YORK (Reuters) – Online brokerage E*Trade Financial Corp , which has been pounded by credit woes in the mortgage business, said on Thursday that it was getting a $2.55 billion cash infusion from Citadel Investment Group. Source: feeds.reuters.com
IKB delays results due to subprime problems (AFP)
IKB delays results due to subprime problems (AFP) AFP – Troubled German business lender IKB, controlled by state-owned KfW bank, said Thursday it was delaying publication of quarterly results due Friday as its tries to account for its exposure to problem US subprime home loans. Source: news.yahoo.com
No hint from officials on whether Opec will increase output
No hint from officials on whether Opec will increase output Extract not available. Source: c.moreover.com
Mortgage banks lift FTSE after A&L update
London equities rose on Thursday, after Alliance & Leicester put a lower figure than feared on the amount of money it lost on torrid credit markets. Read More…
Credit turmoil hurts Warner Music, EMI’s plan: report
NEW YORK (Reuters) – Credit market turmoil is hampering plans by EMI Group and Warner Music to issue billions of dollars in debt backed by revenue from their publishing catalogues, the Financial Times reported in its online edition. Read More… STOCKHOLM (Reuters) – U.S. law firm Labaton Sucharow LLP has filed a class action suit [...]
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