Monthly Archives:  August 2012

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• Barclays Names Consumer Chief Jenkins CEO After Diamond

  Full Story | 30th August 2012
  Barclays Plc named Antony Jenkins as its chief executive officer, promoting the head of its consumer business as the U.K. lender recovers from the Libor scandal and considers whether to shrink its investment bank.Barclays Plc .

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• HP Unveils First Windows 8 Touch-Screen Laptop

  Full Story | 30th August 2012
  Hewlett-Packard Co., the world’s largest maker of personal computers, plans to unveil a line of touch-screen laptops running Microsoft Corp.’s new Windows 8 software, including one model that can convert into a tablet.The new machines, .

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• Samsung Shares Fall After Apple Wins $1 Billion Verdict

  Full Story | 27th August 2012
  Samsung Electronics Co. fell the most in almost four years in Seoul trading after a U.S. jury found the mobile-phone maker infringed Apple Inc.’s patents and ordered the South Korean company to pay more than .

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• Moody upgrades Tereos to Ba2- stable outlook

  Full Story | 22nd August 2012
  Moody's Investors Service has today upgraded to Ba2 from Ba3 the corporate family rating (CFR) and probability of default rating (PDR) of Tereos. Concurrently, Moody's has upgraded to Ba3 from B1 the EUR500 million 2014 .

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• Qatari wealth fund lands stake in BAA

  Full Story | 20th August 2012
  QATAR'S wealth fund has spent nearly 1bn pounds to buy into British airport owner BAA, stepping up a shopping spree that has seen it hoover up a raft of household names. Qatar Holdings paid 900m .

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• Consumer Sentiment Hits Three-Month High in August

  Full Story | 17th August 2012
  U.S. consumer sentiment improved in early August to its highest level in three months as sales at retailers and low mortgage rates spurred Americans to buy more. A separate gauge of future U.S. economic activity .

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• Gap Beats on Earnings, but Full-Year Outlook Falls Short

  Full Story | 17th August 2012
  Specialty retailer Gap reported quarterly earnings and revenue that beat Wall Street's expectations on Thursday but its full-year guidance missed analysts' estimates. After the earnings announcement, the retailer's shares wavered in trading after the closing .

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• Data points to lackluster Economic Growth

  Full Story | 17th August 2012
  A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed U.S. recovery still faces an uphill climb. Other .

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• Euro-Area Exports Rose 2.4% in June, Led by Germany

  Full Story | 17th August 2012
  Euro-area exports rose for a second month in June, driven by a surge in shipments from Germany, as companies tapped into emerging markets to offset declining demand at home. Exports from the 17-nation currency bloc .

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• Facebook Drop Limits Goldman Sachs Gain as Lockup Ends

  Full Story | 14th August 2012
  Facebook Inc.'s stock plunge has robbed Goldman Sachs Group Inc. and Microsoft Corp. of much of the potential gain they could unlock as soon as this week, when a ban on sales of insiders’ shares .