Catégorie - Bloomberg
Hoarding for another crisis
NEW YORK - CITIGROUP Inc and JPMorgan Chase & Co are hoarding cash as if another crisis were on the way. According to Bloomberg News, Citigroup has almost doubled its cash to US$244.2 billion (S$342 billion) in the year since Lehman Brothers Holdings Inc filed for bankruptcy, the biggest such stockpile of any US bank.
2009-11-02 -
Straits Times
Hoarding for next crisis
NEW YORK - CITIGROUP Inc and JPMorgan Chase & Co are hoarding cash as if another crisis were on the way. According to Bloomberg News, Citigroup has almost doubled its cash to US$244.2 billion (S$342 billion) in the year since Lehman Brothers Holdings Inc filed for bankruptcy, the biggest such stockpile of any US bank.
2009-11-02 -
Straits Times
(AFX UK Focus) 2009-11-03 21:33 NSN may rival Ciena in bid for Nortel unit-report
NEW YORK, Nov 3 (Reuters) - Nokia Siemens Networks may challenge Ciena Corp with a rival bid for the ethernet business of Canada's bankrupt telecommunications equipment maker Nortel Networks, Bloomberg reported on Tuesday. The report, quoting people familiar with the matter, said that the assets would help Nokia Siemens, a joint venture of Nokia and Siemens, expand in North America. Officials at ...
2009-11-03 -
Interactive Investor
JP Morgan: KLCI may reach 1,400 by end-2010
The FTSE Bursa Malaysia KLCI Index may rise to 1,400 by the end of next year as economic growth accelerates; Bloomberg quoted JPMorgan Chase & Co. as stating in a report, which said it was “positive” on the country’s equities.
2009-11-06 -
The Edge Daily
Time Warner, News Corp reported interested in MGM
NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
2009-11-21 -
Muzi
Time Warner, News Corp interested in MGM
NEW YORK, USA: News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
2009-11-21 -
CIOL
(AFX UK Focus) 2009-11-21 04:15 Time Warner, News Corp reported interested in MGM
NEW YORK, Nov 20 (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday. Citing people with knowledge of the situation, the report said the companies have not yet examined the studio's finances and their level of interest will depend on price. Burdened by ...
2009-11-21 -
Interactive Investor
Morgan Stanley Hires Former Merrill Executive
Morgan Stanley has hired a former Merrill Lynch executive, David Moffitt, to prepare the firm’s capital markets division for a resurgence in securitized debt sales, according to an internal memo obtained by Bloomberg News.
2009-11-23 -
New York Times
U.K.’s FSA Says Can’t Provide Barclays-Lehman Data (Update1)
Dec. 10 (Bloomberg) -- The U.K.’s Financial Services Authority told creditors of Lehman Brothers Holdings Inc. it can’t legally assist in their investigation of the purchase of the bank’s brokerage by Barclays Plc , according to a letter obtained by Bloomberg News.
2009-12-10 -
Bloomberg
Budget woes boost demand for 'cheap' boutique hotels
BLOOMBERG The world's largest hotel companies, stung by the industry's biggest declines since the Great Depression, are trying to do for lodging what Ikea did for furniture: Offer fashionable products at low prices. Starwood Hotels & Resorts Worldwide Inc., the third-biggest U.S. lodging company, is developing boutique hotels for frugal travelers that cost about $119 a night. That's a far cry ...
2009-12-13 -
The Toledo Blade
France Telecom gets approval in MobiNil bid
Egypt's Financial Supervisory Authority has approved France Telecom's offer to buy the remaining shares of Egyptian Co. for Mobile Services (MobiNil), Bloomberg has reported. The French firm has offered to pay EGP245 ($44.70) a share for MobiNil.
2009-12-12 -
AME Info
Thomas Brown Discusses Citigroup Inc's Share Sale: Video
By guruek. Thomas Brown, chief executive officer of Second Curve Capital LLC, talks with Bloomberg's Betty Liu about Citigroup Inc.'s stock sale and the impact on shareholder value. Citigroup sold 5.4 billion shares at $3.15 apiece, less than the $3.25 the government paid when it acquired its stake in September. Read more » »
2009-12-17 -
Guru Focus
U.S. Companies Grow at Faster Pace, Chicago ISM Shows (Update2)
Dec. 30 (Bloomberg) -- Companies in the U.S. expanded more than anticipated in December as orders and employment grew. The Institute for Supply Management-Chicago Inc. said today its business barometer rose to 60, exceeding the most optimistic estimate of economists surveyed by Bloomberg News and the highest level since January 2006. Readings above 50 signal expansion.
2009-12-30 -
Bloomberg
Saudi to award water management contracts
Contracts to manage the water networks in Mecca and neighbouring Taif will be awarded by Saudi state-owned National Water Co to improve the management of utility services in the kingdom, Bloomberg has reported.
2010-01-06 -
AME Info
Cautionary reports hurt N.J. index
The Asbury Park Press/Bloomberg 75 index fell 0.22 percent last week as investors grappled with a cautionary earnings report from JP Morgan Chase & Co. and a disappointing consumer sentiment report.
2010-01-17 -
Asbury Park Press