Posts Tagged ‘Update2’

Shinsei Declines After Report Aozora Merger Collapsed (Update2)

Shinsei Declines After Report Aozora Merger Collapsed (Update2)
Feb. 15 (Bloomberg) — Shinsei Bank Ltd. fell the most in eight months in Tokyo trading after a newspaper report that merger talks with Aozora Bank Ltd.

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EU Leaders Deploy ‘Bazooka’ to Repel Attack on Greece (Update2)

EU Leaders Deploy ‘Bazooka’ to Repel Attack on Greece (Update2)
Feb. 12 (Bloomberg) — European leaders closed ranks to defend Greece from the punishment of investors in a pledge of support that may soon be tested.

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Emaar Reports Fourth-Quarter Profit on Malls, Hotels (Update2)

Emaar Reports Fourth-Quarter Profit on Malls, Hotels (Update2)
Emaar Properties PJSC, the builder of the world’s tallest skyscraper in Dubai, reported a fourth- quarter profit on rising revenue from hotels and shopping malls.

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Bonds Beat Stocks Most in 11 Months With 10% Jobless (Update2)

Bonds Beat Stocks Most in 11 Months With 10% Jobless (Update2)
Feb. 1 (Bloomberg) — For all the concern about budget deficits and the rising supply of debt, government bonds are the place to be so far in 2010, with returns topping equities and commodities by the most since February.

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FSA Plans Ban on Unfair Fees for Home-Loan Arrears (Update2)

FSA Plans Ban on Unfair Fees for Home-Loan Arrears (Update2)
Jan. 26 (Bloomberg) — U.K. lenders will no longer be able to charge unfair fees to customers behind in home-loan payments as part of a regulatory crackdown on risky credit in the country’s 1.2 trillion pound ($1.9 trillion) mortgage market.

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Wilbur Ross May ‘Go All the Way,’ Buy Stuyvesant Town (Update2)

Wilbur Ross May ‘Go All the Way,’ Buy Stuyvesant Town (Update2)
Jan. 26 (Bloomberg) — Billionaire investor Wilbur Ross said he and partners including developer Richard LeFrak may consider buying the Stuyvesant Town-Peter Cooper Village apartment development after its owners cede control to lenders.

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Frank to Recommend Replacing Fannie Mae, Freddie Mac (Update2)

Frank to Recommend Replacing Fannie Mae, Freddie Mac (Update2)
Jan. 22 (Bloomberg) — Representative Barney Frank said his committee will push to replace Fannie Mae and Freddie Mac , seized by regulators almost 17 months ago, with a different model for U.S. mortgage financing.

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Reid Undecided on Bernanke for Fed; Obama Backs Him (Update2)

Reid Undecided on Bernanke for Fed; Obama Backs Him (Update2)
Jan. 22 (Bloomberg) — Senate Majority Leader Harry Reid wavered on whether to back Ben S. Bernanke for a second term as chairman of the Federal Reserve, splitting with Democratic Senators Christopher Dodd and Max Baucus and President Barack Obama , who expressed confidence he will be confirmed.

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Housing Development Third-Quarter Profit Rises 23% (Update2)

Housing Development Third-Quarter Profit Rises 23% (Update2)
Jan. 20 (Bloomberg) — Housing Development Finance Corp ., India’s biggest mortgage lender, said third-quarter profit rose 23 percent as loans climbed because of lower borrowing costs and a revival in economic growth.

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Buffett Says He Can’t See Rationale for Bank Levy (Update2)

Buffett Says He Can’t See Rationale for Bank Levy (Update2)
“I don’t see any reason why they should be paying a special tax,” said Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc., in an interview on Bloomberg Television today. Supporters of the plan to tax the banks “are trying to punish people,” he said.

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