04/07/2008 15:22:05
Reuters - The buyers of telecoms company BCE Inc
are sticking to the agreed C$42.75 per-share purchase price and
have delivered the funding documents needed for the deal to go
ahead, the company said on Friday.
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04/07/2008 14:19:51
Reuters - Battered Swiss bank UBS said on Friday
it should be saved from another hefty loss in the second
quarter by a large tax credit, giving a much-needed though
short-lived boost to its share price.
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04/07/2008 12:51:27
Reuters - World stocks slipped back towards this
week's five-month low on Friday as steadying oil prices failed
to erase concerns about slowing economic growth and rising
inflation, and as banking stocks came under renewed pressure.
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04/07/2008 13:32:54
Reuters - Goldman Sachs said the European banks sector
needs to raise about 60 billion to 90 billion euros ($94 to
$141 billion), or withhold one year of dividends, to reach an
aggregate Tier I ratio of 9 percent -- a level achieved by
European banks that have recapitalized recently.
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04/07/2008 14:18:27
Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
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04/07/2008 14:18:27
Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
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03/07/2008 19:12:45
Reuters - NEW YORK (Reuters) -The Dow rose on Thursday, a day after
the blue-chip average entered a bear market, on relief payrolls
data was not as weak as some had feared and with another record
oil price boosting energy shares.
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03/07/2008 23:02:08
Investor's Business Daily - The benchmark 30-year fixed home loan rate fell 10 basis points to 6.35%, ending a 5-week uptrend to a 9-month peak, mortgage finance giant Freddie Mac said. Weaker economic data made a Fed rate hike less likely, pushing Treasury yields and mortgage rates lower. The 15-year fixed-rate mortgage slid 12 ticks to 5.92%. The 1-year ARM fell 10 basis points to 5.17%.
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04/07/2008 10:52:37
AP - Origin Energy Ltd., Australia's second largest power retailer, rejected a $13 billion takeover bid Friday from British natural gas producer BG Group.
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