Archive for April 2nd, 2008
Wednesday, April 2nd, 2008
LONDON, April 2 (Reuters) - European stocks rose onWednesday as banks rallied for a second session on hopes that aflurry of writedowns could be coming to an end, which offset theimpact of Federal Reserve comments that a recession waspossible. The FTSEurofirst 300 ...
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Wednesday, April 2nd, 2008
(moves dateline to MADRID, adds byline, quote, background) By Jesus Aguado MADRID, April 2 (Reuters) - A joint venture between sevenEuropean central securities depositories (CSDs) could slash thecosts of cross-border securities trading settlement and increasevolumes, representatives of ...
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Wednesday, April 2nd, 2008
(Adds detail, background, changes dateline) DETROIT, April 2 (Reuters) - CarMax Inc (KMX.N: Quote, Profile, Research), thelargest U.S. retailer of used cars, posted a 48 percent drop inquarterly earnings on Wednesday after turmoil in the creditmarket drove funding costs higher for ...
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Wednesday, April 2nd, 2008
SAO PAULO, April 2 (Reuters) - Brazil's currency gainedmore than 1 percent on Wednesday due to rising investment flowsto the country as equity markets firmed. The real BRBY<BRL=> strengthened to 1.727 per U.S. dollarfrom Tuesday's close of 1.745. ...
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Wednesday, April 2nd, 2008
April 2 (Reuters) - Following is a list of banks that havelent money to the main shareholders in Spanish property groupColonial (COL.MC: Quote, Profile, Research), former chairman Luis Portillo and LuisNozaleda, according to data from banking sources. The table shows how much each bank has ...
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Wednesday, April 2nd, 2008
(Adds details, share movement) April 2 (Reuters) - Electronic payment technology providerVeriFone Holdings Inc's (PAY.N: Quote, Profile, Research) chief financial officerresigned in the midst of a probe into errors related to thecompany's accounting for its inventory, sending its shares totheir lowest ...
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Wednesday, April 2nd, 2008
JERUSALEM, April 2 (Reuters) - Nortel Networks (NT.TO: Quote, Profile, Research)(NT.N: Quote, Profile, Research) said on Wednesday it had received a follow-up deal fromthe Palestinian national telecoms provider PalTel to upgrade itsnetwork to improve high-speed Internet and long-distance callingservices. Terms were ...
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Wednesday, April 2nd, 2008
AMSTERDAM (Reuters) - Belgian-Dutch financial group Fortis (FOR.BR: Quote, Profile, Research)(FOR.AS: Quote, Profile, Research) and China's Ping An Insurance Co Ltd (2318.HK: Quote, Profile, Research) have finalized a deal to set up a global asset management partnership, Fortis said on Wednesday. Ping An ...
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Wednesday, April 2nd, 2008
BRUSSELS, April 2 (Reuters) - The European Commission willpropose guidelines to European Union states by early 2009 totear down fiscal barriers that bump up the cost of cross-bordershare trading for investors, an EU document said on Wednesday."As regards fiscal barriers, the Commission intends to issuea ...
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Wednesday, April 2nd, 2008
LONDON, April 2 (Reuters) - British specialty lenderBradford & Bingley (BB.L: Quote, Profile, Research) said it had seen a "very strong" startto the year in attracting retail deposits and its mortgagemargins had held up during the recent financial market turmoil. "We ...
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