Recent key events at Satyam
International Herald Tribune (UK) - 19 ore fa
Satyam announces plan to buy two building companies part-owned by the outsourcer's founders for $1.6 billion. It does a rapid U-turn, killing the deal just 12 hours later following a 55 percent plunge in Satyam's share price in hectic U.S. trading. Dec. 17 - Raju says the decision to ...
Bank of America reduces holding in Chinese bank- International Herald Tribune (UK)
Satyam chief resigns over inflated assets- International Herald Tribune (UK)
e altri 6 articoli simili |
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Axis Shield reports 2008 trading in line
Reuters (UK) - 20 ore fa
In a trading update, the company said it would book revenues up 26 percent for the year, or 14 percent on a constant currency basis. It also predicted strong growth going forward because of its broad trading base. However it said it would book about a 1.7 million pounds charge because of the ...
Grafton sees '08 earnings at lower end of forecasts- Reuters (UK) |
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Stocks slide on earnings gloom
International Herald Tribune (UK) - 7 ore fa
Wall Street suffered its worst day in more a month, falling more than 3 percent as warnings from the media company, Time Warner, and the computer chip maker, Intel, foreshadowed a bleak season for fourth-quarter corporate earnings. The Dow Jones industrial average fell 245.40 points, or 2.7 ...
Marks & Spencer to cut 1,200 jobs- International Herald Tribune (UK)
Europe catching up quickly with U.S. recession- International Herald Tribune (UK) |
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Few banks and companies have used accounting rule change, EU finds
International Herald Tribune (UK) - 9 ore fa
Dropping mark-to-market accounting could have helped many financial groups avoid reporting an immediate loss, but most of them declined to do so. The EU market supervisors did not give a reason. U.S. regulators have resisted a banking industry push to suspend mark-to-market rules, saying ...
Shares move lower on latest economic worries- International Herald Tribune (UK)
Obama weighs options as deficit is forecast at $1.2 trillion- International Herald Tribune (UK) |
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Jobs: Big December Loss Coming
BusinessWeek (USA) - 9 ore fa
The December jobs report, out Jan. 9, should show more massive payroll declines as the U.S. economy continues its downward spiral . After a massive nonfarm payrolls decline of 533,000 in November—the worst monthly job loss since December 1974—we at Action Economics expect another supersize ... |
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U.S. says Madoff sent diamonds in violation of bail
Reuters (USA) - 10 ore fa
Prosecutors said Madoff should be immediately jailed because he is now a flight risk. The government wants a federal magistrate to place him in custody. "The need for detention in this case is clear," prosecutors from the U.S. Attorney's Office in New York wrote. Madoff's continued release ... |
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In the technology sector, the best deals are the safest
International Herald Tribune (UK) - 11 ore fa
When they assess opportunities to buy rivals, companies will be more cautious, preferring deals that do not use up all their cash and where the target company has a profit-generating business that can be digested painlessly. That means 2009 could well be the year of small and midsize deals ...
Intel revises down its estimates- International Herald Tribune (UK)
Employment fears rattle U.S. stocks- International Herald Tribune (UK)
Reuters (UK) - e altri 24 articoli simili |
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U.S. budget deficit seen hitting $1.186 trillion
Reuters (UK) - 13 ore fa
The deficit will likely fall to $703 billion in the 2010 fiscal year, government sources said before the official release of the outlook by the Congressional Budget Office due out at 10:00 a.m. EST (3 p.m. British time). The huge budget deficits are in contrast to the roughly $455 billion deficit ... |
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UBS and RBS confirm exposure to LyondellBasell
Reuters (UK) - 14 ore fa
Swiss bank UBS ( UBSN.VX ) ( UBS.N ) said its exposure to LyondellBasel was included in a $4.7 billion (3.1 billion pound) leveraged finance exposure figure given with its third-quarter results, but did not say how much of this was related to the chemicals group. Analysts estimate UBS's exposure ... |
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2,000 retail stores in administration
The Independent (UK) - 15 ore fa
As a result, about 40,000 retail jobs are now at risk, including 27,000 employees at Woolworths who are set to be made redundant. The restructuring firm's revelation follows the administration of Passion for Perfume, the fragrance shop, this week, which brings the total number of retailers that ... |
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