October 2011
6 posts
7 tags
European shares lower as French banks hit
“It is difficult to know what the future will be for banks,”
Louise Cooper, market analyst at BGC Partners, said. “Banks’
liquidity positions are not great. They have such enormous loan
books and need a massive amount of funding everyday.”The FTSEurofirst 300 index provisionally closed
down 0.5 percent at 960.87 points.
8 tags
UPDATE 1-Danone Q3 growth slows, confident for...
* Keeps 2011 goals, confident about 2012* CFO sees Q4 trends broadly in line with those of Q3By Dominique VidalonPARIS, Oct 18 (Reuters) - French food group Danone
said on Tuesday that softening commodity prices, robust growth
in emerging markets and the expected benefits from the
integration of Unimilk in Russia made it confident for 2012.The world’s largest yoghurt maker, whose brands...
8 tags
Bank of America selling NYC building stake- report
Spokespersons for Bank of America and Brookfield declined
to comment.Bank of America, which agreed to to buy Merrill at the
height of the financial crisis in 2008, has been reducing its
space in the building. The Charlotte, North Carolina, bank has
a tower in Midtown Manhattan that officially opened last year.The sale is the latest move by Bank of America to shed
assets as it looks to build...
11 tags
UPDATE 5-New iPhone on sale, fans buy in tribute...
* Critics rave about phone’s voice control, otherwise no
revolution* Users report glitches with iOS 5 operating system, iCloudBy Michael Perry and Mayumi NegishiSYDNEY/TOKYO, Oct 14 (Reuters) - Apple Inc’s new
iPhone went on sale in stores across the globe on Friday, with
fans snapping up the final gadget unveiled during Steve Jobs’
lifetime, many buying the phone as a tribute...
8 tags
UPDATE 1-Alcatel moves closer to Genesys sale -...
Two of the people said on Thursday a transction was close,
while a third person said that, while talks were ongoing, there
was no guarantee a deal would be struck.The Financial Times had reported a sale of the business
would be announced for as much as $1.5 billion in the coming
week.Genesys, which sits within Alcatel-Lucent’s enterprise
division, sells software for the operation of call...
8 tags
Arrival of Cuba offshore oil rig delayed again
* Project has raised environmental fears in FloridaBy Jeff FranksHAVANA, Oct 12 (Reuters) - The arrival of a Chinese-built
drilling rig set to explore for oil in Cuban waters has been
delayed again and is not expected to reach the island until the
second half of December, sources close to the project said.The delay is the latest of many as communist-run Cuba
awaits the start of a project it hopes...
