Monthly Archives:  August 2011

  • U.S. Stock Futures Rise on Fed Speculation

    Full Story | 23rd August 2011
    U.S. stock-index futures climbed amid continuing speculation the Federal Reserve will act to prop up the faltering economic recovery and as a contraction in Chinese manufacturing eased. Alcoa Inc., the biggest U.S. aluminum producer, and .
  • European Stocks Rise for Second Day

    Full Story | 23rd August 2011
    European stocks rose for a second day as commodities climbed amid continuing speculation the Federal Reserve will take action to bolster the economy. U.S. index futures and Asian shares gained. UBS AG (UBSN), Switzerland’s biggest .
  • McGraw-Hill Shareholders Seek to Split Company

    Full Story | 23rd August 2011
    McGraw-Hill Cos., owner of Standard & Poor’s, has “underperformed its potential” and should break into four parts, shareholders Jana Partners LLC and Ontario Teachers’ Pension Plan proposed. The shareholders presented a plan to separate the .
  • Fitch Affirms Barclays at `AA-`; Outlook Stable

    Full Story | 23rd August 2011
    Fitch Ratings has affirmed Barclays Bank plc’ (Barclays) Long-term Issuer Default Rating (IDR) at ‘AA-’, Short-term IDR at ‘F1+’, Viability Rating at ‘aa-’, Individual Rating at ‘B’ and Support Rating at ’1′. The Outlook is .
  • Gold Declines From Record Above $1,910

    Full Story | 23rd August 2011
    Gold dropped for the first time in seven sessions in London as some investors sold the metal after concerns about slowing economic growth pushed prices to a record above $1,910 an ounce. Bullion is up .
  • S&P downgrades Venezuela to B+

    Full Story | 22nd August 2011
    S&P cut Venezuela’ long-term foreign and local currency ratings to B+ from BB- with a stable outlook on the grounds that its new methodology assigns greater weight to political risk. They said that President Chavez’ .
  • Germany`s opposition to Eurobonds

    Full Story | 22nd August 2011
    German Chancellor Angela Merkel attempted to shut the door on common euro-area bonds as a means to solve the debt crisis, saying that she won’t let financial markets dictate policy. Joint euro bonds would require .
  • 4.8% BOV 2018 – 2ND TRANCHE

    Full Story | 22nd August 2011
    Bank of Valletta announced that it will issue the Second Tranche of Notes under the Programme consisting of a maximum of €20,000,000 4.8% Notes due 2018. BOV confirmed that an application has been made to .
  • RIM Gains 100% Sale Value on Google-Motorola

    Full Story | 19th August 2011
    The biggest wave of deals for mobile-phone assets in more than a decade may help Research In Motion Ltd. (RIMM)’s shareholders almost double their money in a sale. Led by Google Inc. (GOOG)’s takeover of .
  • HP to Pay $10.3B for Autonomy

    Full Story | 19th August 2011
    Hewlett-Packard Co. (HPQ) is planning a sweeping overhaul of its businesses, agreeing to buy Autonomy Corp. for $10.3 billion and weighing a breakup that would unravel the much-debated Compaq Computer Corp. purchase. Shareholders of Autonomy, .