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Gold and Oil News - November 29, 2007 13:00
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 […]
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
Nortec hits platinum, palladium; Copper Fox bounces
Nortec hits platinum, palladium; Copper Fox bounces Greg McCoach said it at the Investor’s Resource Conference held in Toronto last month – positive drill results will drive the stock price of a junior miner even in the face of poor overall market conditions. What he did not talk about was how long that Source: c.moreover.com
Sinotruk skids 15% in HK debut
Sinotruk skids 15% in HK debutChina’s leading heavy truck maker, Sinotruk, saw its shares fall more than 15 per cent on their market debut in Hong KongSource: www.ft.com
China lists substandard Wal-Mart, Carrefour goods
BEIJING (Reuters) – China has published a blacklist of substandard toy jugs and children’s shoes sold at Wal-Mart stores and drawing pens from French retailer Carrefour in a quality sweep on children’s goods sold at Beijing supermarkets. Read More… NEW YORK (Reuters) – The Dow Jones industrial average notched its biggest percentage gain in four […]
Practice Forex Trading – Sponsored Link
Practice Forex Trading – Sponsored Link Ad – Free $100,000 Practice Account With Real-Time Charts, News & Research! Source: c.enhance.com Attiyah sees no need for Opec to boost output at Abu Dhabi meet HE al-Attiyah … supply sufficient Source: c.moreover.com
Euro drops to one-week low against dollar
The euro dropped to a one-week low against the dollar in thin trading conditions as investors unwound profitable bets on the single currency Read More…
UBS shares soar on stake speculation, bargain hunt
UBS shares soar on stake speculation, bargain hunt ZURICH (Reuters) – Shares in Swiss-based bank UBS AG powered higher on Wednesday on speculation that Asian or Gulf-based investors may target European banks whose stock has weakened in the wake of the subprime crisis. Source: feeds.reuters.com
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