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Uncategorized - November 6, 2007 11:00
Citigroup shares drop on mounting woes
Citigroup shares drop on mounting woes NEW YORK (Reuters) – Citigroup Inc’s problems deepened on Monday as it was unable to assure investors that a potential $11 billion write-down for subprime mortgages won’t grow, and its nearly pristine credit ratings were downgraded. Source: feeds.reuters.com Bayer beats estimates LEVERKUSEN, Germany (Reuters) – Bayer reported a higher-than-expected […]
Wall Street falls with Citi (Reuters)
Wall Street falls with Citi (Reuters) Reuters – Stocks fell on Monday after Citigroup’s warning of billions more in loan losses compounded fears that the credit crunch could get worse. Source: news.yahoo.com
Modular aluminium shoring shell from Kennards Hire
Modular aluminium shoring shell from Kennards Hire Aaron Loxley of Vermont Plumbing works safely inside a modular shoring shell from Kennards Hire Source: c.moreover.com No relief from high wheat prices, analysts warn Extract not available. Source: c.moreover.com
Asia rises as commodity shares gain
Asia rises as commodity shares gainStocks rose across Asia for the first day in three as subprime worries eased, gold held near a 28-year high, and Hong Kong calmed after Monday’s tumbleSource: www.ft.com
Google enters mobile phone market
SAN FRANCISCO/NEW YORK (Reuters) – Google Inc said on Monday it would offer a software system to make the Internet work as smoothly on mobile phones as it does on computers, seeking to spur change in a tightly controlled industry. Read More…
Wall Street falls with Citi (Reuters)
Wall Street falls with Citi (Reuters) Reuters – Stocks fell on Monday after Citigroup’s warning of billions more in loan losses compounded fears that the credit crunch could get worse. Source: news.yahoo.com
S. Korea’s Consumer Inflation Likely To Stay High As Oil Prices Rise…
AM Korea’s consumer inflation is likely to stay high due to rising oil prices, the Yonhap news agency reported citing Korea Development Institute, or KDI, Tuesday. In October, Korea’s consumer inflation rose to 3% from 2.3% logged in September. Read More…
Chinese IPOs to reach annual record
Chinese IPOs to reach annual recordWhen Petrochina debuts in Shanghai this week, the value of mainland China’s 2007 public offerings will leave New York, London and Hong Kong trailingSource: www.ft.com
Marvel profit up and raises FY07 outlook
(Reuters) – Marvel Entertainment Inc , which licenses comic book characters like Spider-Man, posted a higher third-quarter profit, helped by worldwide licensing operations and growth in its publishing segment, and raised its 2007 outlook, sending shares up more than 20 percent. Read More…
Futures drop as Citi rekindles credit fears (Reuters)
Futures drop as Citi rekindles credit fears (Reuters) Reuters – Stock futures slid on Monday as concerns about banks’ mounting credit losses swept global equities lower after Citigroup Inc said it may have to write off $11 billion for loan losses and that Chief Executive Charles Prince had quit. Source: news.yahoo.com
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