Credit turmoil hurts Warner Music, EMI’s plan: report

By Pete Southern in Uncategorized | November 29, 2007 11:00 |

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.

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STOCKHOLM (Reuters) – U.S. law firm Labaton Sucharow LLP has filed a class action suit against telecom equipment maker Ericsson , alleging false and misleading statements by the company, according to the lawyers’ Web site.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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