Monday, November 22, 2010

Google Alert - finance

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Ireland Is Second Euro Nation to Seek Aid as Banks Wobble
Bloomberg
By Joe Brennan and Dara Doyle - Mon Nov 22 11:48:22 GMT 2010 Nov. 22 (Bloomberg) -- Michala Marcussen, head of strategy at Societe Generale Asset Management, talks about Ireland's bailout and the outlook for euro-zone economies. ...
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Economists see 'sub-par' growth ahead
CNNMoney
By Ben Rooney, staff reporterNovember 22, 2010: 5:28 AM ET NEW YORK (CNNMoney.com) -- The economy will remain sluggish early next year as the lingering effects of the recession continue to drag on growth and the benefit of government stimulus fades, ...
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New Rules Hit Hong Kong Property
Wall Street Journal
By JOANNE CHIU And ALICE TRUONG HONG KONG—Tougher-than-anticipated new measures to curb Hong Kong's soaring real-estate prices began rippling through the market Monday, driving down shares of property developers and prompting forecasts of declining ...
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Prysmian Bid for Draka Trumped by Xinmao's $1.37 Billion Offer
BusinessWeek
By Francois de Beaupuy and Jeroen Molenaar Nov. 22 (Bloomberg) -- Dutch cable maker Draka Holding NV received a 1 billion-euro ($1.37 billion) takeover offer from China's Tianjin Xinmao S&T Investment Corp., hours after agreeing to be taken over by ...
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Orascom Telecom sell Tunisia stake in $1.2B deal
The Associated Press
CAIRO (AP) — Egypt's Orascom Telecom said Monday it is selling its entire 50 percent stake in its Tunisian subsidiary to Qatar Telecom in a deal valued at $1.2 billion. The Cairo-based mobile phone giant said in a statement the sale of its stake in ...
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Exxon Sells Gulf of Mexico Stakes for $1.01 Billion
Wall Street Journal
By ALEX MACDONALD LONDON—Bermuda-based Energy XXI Ltd. said it has acquired nine US Gulf of Mexico oil and natural gas stakes from oil major Exxon Mobil Corp. for $1.01 billion. The assets currently produce about 20000 net barrels of oil per day, ...
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Yuan Loses to Taiwan Dollar as Growth Rates Converge at 10%: China Credit
Bloomberg
By Andrea Wong and Yumi Teso - Mon Nov 22 09:44:09 GMT 2010 The island's currency appreciated 5.2 percent versus the greenback since Aug. 20, while the yuan has risen 2.3 percent as Chinese President Hu Jintao said this month foreign-exchange policy ...
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For-Profit Colleges May Lose Access to US Aid Over Violations
BusinessWeek
By John Lauerman Nov. 22 (Bloomberg) -- For-profit colleges that pay recruiters based on the number of students they sign up may lose access to US government student aid, which provided the colleges with $26.5 billion last year and can account for as ...
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Portugal moves to head off market pressure
Financial Times
By Peter Wise in Lisbon Portugal has moved to pre-empt the threat of renewed market pressure on its borrowing costs following the emergency financial rescue of Ireland, saying it has a "clear strategy" to reduce its yawning budget deficit and implement ...
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