Citigroup Inc Plans to Spin-Off its Life Insurance and Investment Products Unit, Primerica Inc in an Initial Public Offering (IPO) this Week Cnooc Ltd, China’s Largest Offshore Energy Explorer Posts a 34% Decline in Full-Year Profit to CNY 29.5B from a Record CNY 44.4B a Year Ago Eurozone Inflation Rises to 1.5% in March from [...]
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Also tagged Anglo Irish Bank, Citigroup Insurance, Citigroup Investments, Citigroup Primerica, Cnooc, Cnooc Profit, Eurozone Inflation, Eurozone Inflation Rises, Macarthur Coal Peabody, Macarthur Coal Takeover Bid, Overnight Market News, Overnight Markets
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Greece to Sell 7-Year Bonds in First Debt Offering Since EU, IMF Pledged Aid China’s Zhejiang Geely Holding Group Signs Deal to Buy Ford Motor Co’s Volvo Unit for USD 1.8B European Economic Confidence Rises More than Expected in March to 97.7 from 95.9 in February PetroChina Co to Spend USD 60B Over Next Ten [...]
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Also tagged European Economic Confidence, European Economic Confidence Rises, Ford Volvo, Greece 7-Year Bonds, Greece Bonds, Greece Debt Offering, Greek Bonds, Japan Retail Sales, Japanese Retail Sales, Morgan Stanlel, Overnight Market News, Overnight Markets, PetroChina, PetroChina Overseas Acquisitions, Zhejiang Geely Holding Group, Zhejiang Geely Holding Group Volvo
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Bank of America Corp Appoints Brian T Moynihan as Chief Executive Officer to Replace Kenneth D Lewis Citigroup Inc Prices Share Issue to Repay TARP Funds at USD 3.15 per Share, Prompts US Government to Delay Offloading Stake UK Retail Sales Decline for First Time in Six Months Falling 0.3% in November from October, but [...]
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Also tagged American International Group, Bank of America, Bank of America CEO, BOA CEO, Brian Moynihan, Citigroup TARP, Kenneth Lewis, Overnight Market News, Overnight Markets, TARP, UK Retail Sales, US Interest Rates
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Citigroup Inc Plans to Repay Portion of Government Aid Via USD 20B Equity Offering that Could be Announced as Early as Today Panasonic Corp Acquires 50.2% Stake in Sanyo Electronic Co for JPY 403.78B (USD 4.6B) Costco Wholesale Corp First Quarter Net Profit Rises to USD 266mm from USD 263mm a Year Ago on Increased [...]
Eurozone Economy Exits Recession in Third Quarter, Grows 0.4% Compared with Previous Quarter British Airways PLC, Iberia Lineas Aereas de Espana SA Agree to USD 7B Merger Citigroup Inc Near Finalizing the JPY 100B (USD 1.1B) Sale of Japan’s Biggest Telemarketer, Bellsystem24, to Private-Equity Firm Bain Capital Inc The Walt Disney Co (NYSE: DIS) Profits [...]
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Also tagged Bellsystem24, British Airways, British Airways Iberia Merger, Eurozone Economy, Eurozone Economy Recession, Google, Google Acquires Gizmo5, Iberia Lineas, Overnight Market News, Overnight Markets, Walt Disney, Walt Disney Profits
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US Federal Reserve Says Economy Improving, but Stresses Intention to Keep Key Interest Rates at Record Lows for Extended Period Citigroup Inc to Consider Shrinking North American Retail Branch Network to Six Metropolitan Areas Germany Lowers Planned Fourth Quarter Debt Sales by 22% on “Improved Funding Conditions” Japan’s Largest Brokerage, Nomura Holdings Inc to Raise [...]
Citigroup Inc Explores Options to Offload US Government’s 34% Interest in the Bank, May Raise Capital Through Stock Offering Bank of England to Consider Lowering Deposit Rate for Reserves to Spur Lending General Electric Co Acquires Norwegian Firm ScanWind as it Seeks to Penetrate Growing Offshore Wind Market US Federal Judge Throws Out the Securities [...]
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Also tagged Air France, American Airlines, Bank of England, Delta Airlines, Eli Lilly Job Cuts, General Electric, General Electric ScanWind, Japan Airlines, Overnight Market News, Overnight Markets, ScanWind
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After being hit hard by the downturn in the construction industry, Toll Brothers Inc. received yet another blow yesterday, as the luxury homebuilder was downgraded to “hold” from “buy” at Citigroup Inc. – which cautioned investors should “wait for a more compelling entry point” to purchase the stock. Added to this, many analysts are not [...]
Citigroup Inc Raises Interest Rates on Up to 15mm US Credit Card Accounts General Mills Inc Reports Jump in Fourth Quarter Profits to USD 358.8mm or USD 1.07 per share, Increases 2010 Profit Forecast Business Confidence in Japan Improves for First Time in Two and a Half Years to -48, Up from a Record LO [...]
Venezuela’s Government to Continue Reviewing Possibility of Permitting State Oil Company Petroleos de Venezuela SA (PDVSA) to Issue Bonds This Year Organization for Economic Cooperation and Development (OECD) Expects Combined Economies of Member States to Contract 4.1% in 2009, Up from March’s 4.3% Forecast Citigroup Inc To Raise Employees’ Base Salaries by as Much as [...]