Saturday, January 15, 2011

Google Alert - finance

News5 new results for finance
 
BP Deal Regains Reserves Lost in Post-Spill Sales at Half Price
BusinessWeek
By Brian Swint Jan. 16 (Bloomberg) -- BP Plc's $7.8 billion share swap with OAO Rosneft will replace almost all the reserves it sold to pay for the Gulf of Mexico spill at less than half price. Rosneft's market value prices its oil and gas reserves at ...
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Merkel Says German Deficit Reduction Has 'Absolute Priority'
Bloomberg
By Rainer Buergin - Sat Jan 15 15:55:46 GMT 2011 German Chancellor Angela Merkel said her coalition is in agreement that deficit reduction takes "absolute priority" over tax cuts, which may only be granted to some low and medium-income earners if there ...
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Munis: What to Do Now
Wall Street Journal
By BEN LEVISOHN, JANE J. KIM And ELEANOR LAISE The prices of municipal bonds are plunging to depths last seen during the financial crisis. At least one high-profile analyst is predicting widespread defaults. And a big asset manager is putting its ...
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German Note Yields Advance Most in 17 Months on Rates Outlook
Bloomberg
By Lukanyo Mnyanda - Sat Jan 15 07:00:01 GMT 2011 German two-year government notes declined, with yields posting their biggest weekly increase in 17 months, as investors increased bets the European Central Bank will raise interest rates this year to ...
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Bank of China aims to keep loan-growth rate
MarketWatch
By MarketWatch (Adds Xiao's comments on loans and backgrounds about China's efforts to rein in credit growth.) BEIJING (MarketWatch) -- State-owned Bank of China Ltd. (3988.HK, BACHY) aims to keep a double-digit percentage loan growth this year, ...
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