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Tag Archives: Lloyds Banking Group

Overnight Market News – February 26, 2010

26-Feb-10

Lloyds Banking Group Plc Posts an Operating Loss of GBP 6.3B for its Fiscal Year 2009, Slightly Down from a Loss of GBP 6.7B a Year Ago as Impairment Charges Grew by 60%
UK’s Gross Domestic Product (GDP) Growth is Upwardly Revised for the Final Three Months in 2009 Unexpectedly Rising to 0.3%, up from the [...]

Overnight Market News – December 22, 2009

22-Dec-09

UK Gross Domestic Product Shrinks Less-Than-Expected in Q03 2009, Declining 0.2% Quarter-Over-Quarter Versus Previous Measurement of a 0.3% Contraction
Ford Motor Co Offers Buyout and Early Retirement Incentives to All of its 41,000 US Hourly Workers in Bid to Further Reduce Factory Costs
Lloyds Banking Group Plc Agrees to Pay a Minimum of USD 3.6B Over Fifteen [...]

Overnight Market News – November 3, 2009

03-Nov-09

European Union (EU) Raises Euro Zone Economic Forecast, Now Anticipates Growth of 0.7% in 2010 Compared with Prior Forecast for a Contraction of 0.1%
Royal Bank of Scotland PLC and Lloyds Banking Group PLC Agree to Dispose of Hundreds of Branches to Appease EU Competition Concerns Over the Banks’ Dependency on the State
Australia Lifts Key Interest [...]

Lloyds Banking Group PLC Shares Decline

14-Oct-09

Lloyds Banking Group PLC declined 2.2% yesterday, following speculation that it will have to pay a fee of up to £2B (US$ 3.2B) to exit the UK Government’s trouble asset insurance program.
After announcing its intention about six months ago to have £260B in risky assets insured, Lloyds Banking Group hopes to withdraw from the planned [...]

Overnight Market News – August 12, 2009

12-Aug-09

Lloyds Banking Group to Sell Insight Investment Management Ltd to Bank of New York Mellon Corp for GBP 235mm or USD 386mm
BHP Billiton Ltd, the World’s Largest Miner Reports 65% Decline in Profits to USD 3.26B for Six Months Ended June on Fall-Off in Metal Prices and Demand
UK Unemployment Rises to Highest Level Since 1995 [...]

Overnight Market News – August 5, 2009

05-Aug-09

Lloyds Banking Group Plc Posts First Half Loss of GBP 4B or USD 6.8B as Loan Impairments Surged More than Five Fold to GBP 13.4B from a Year Ago
Adidas AG Second Quarter Profits for Period Ended June Plummets 93% to EUR 9mm from EUR 116mm a Year Earlier on Lower Consumer Spending
Hong Kong’s Biggest Carrier, [...]