2.7.2012 |
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The dramatic final days of MF Global - Financial Times
From the Powerpoint of the trustee’s update on their investigation — re-ordered slightly, for narrative flow.Let’s start with the timeline of margin calls…...
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2.7.2012 |
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Markets Live transcript 7 Feb 2012 - Financial Times
Markets Live chat transcript for the chat ending at 12:06 on 7 Feb 2012. Participants in this chat were: Paul Murphy Bryce Elder/FT PM MorningPM Welcome to Markets Live...
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2.7.2012 |
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Collateralised commodity borrowing, BP edition - Financial Times
From BP’s fourth quarter results on Tuesday:At 31 December 2011, $131 million of finance debt ($128 million at 30 September 2011 and $790 million at 31 December 2010)...
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2.7.2012 |
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Mangled metaphors from Neelie Kroes - Financial Times
From the European Commission vice-president (Digital Agenda), interviewed in the Dutch paper Volkskrant, via Google translate…“… But there is absolutely no...
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2.7.2012 |
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Glenstrata — some backlash? [updated with more backlash] - Financial Times
The Scheme will be subject to the following conditions:2.1 its approval by a majority in number of the Scheme Shareholders who are on the register of members of Xstrata...
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2.7.2012 |
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“Grexit” - Financial Times
Grexit being, of course, a Greek exit from the eurozone. (Also, an app for archiving and sharing Gmail threads. Bummer for them.)The term comes from Willem Buiter and Ebrahim...
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2.7.2012 |
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Pink picks - Financial Times
Comment, analysis and more from Tuesday’s FT,Jagdish Bhagwati: Shame on you, Mr Obama, for pandering on tradePresident Barack Obama infamously killed the multilateral...
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2.7.2012 |
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Greek Talks Resume Amid Strike - Wall Street Journal
Greek Prime Minister Papademos and the political leaders backing his interim government will try again to agree on the cutbacks needed to win a new bailout deal.
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2.7.2012 |
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Coke's Profit Slides - Wall Street Journal
Coca-Cola said its earnings fell 71% from a year-earlier period that included a gain from the purchase of some bottling operations, while the soda giant's unit-case volume continued to rise.
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2.7.2012 |
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Wal-Mart to Expand Canadian Operations - Wall Street Journal
Wal-Mart will spend about $753 million to expand its presence in Canada ahead of the opening of rival Target's first stores in the country early next year.
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2.7.2012 |
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MF Global's Computers Overwhelmed In Final Days - Wall Street & Technology
Unprecedented transaction volumes, erroneous entries and high fail rates characterized the chaos of MF Global's final days, reports trustee.
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2.7.2012 |
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New Security Tool Provides Cloud SaaS Visibility - Wall Street & Technology
Cloud Security Solution from Fidelis can track cloud-based data and usage for financial services security professionals.
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2.7.2012 |
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NYSE/DB: Why Brussels Got It Wrong - Advanced Trading
Brussels might end up adding this decision to the "Not sure we got it right" pile.
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2.7.2012 |
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Stock Gains Buoy Sinking Hedge Funds - Advanced Trading
For last year's big losers, the January rebound could be a sign their fortunes are changing because the stock markets are doing better and they have made adjustments to their portfolios.
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2.7.2012 |
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It just dropped in my inbox…Trump Hotel Collection - Financial Times
This is a pilot for an occasional AV series. Shouting and emphasis not ours…NEW YORK – Feb. 7, 2012 – TRUMP HOTEL COLLECTION™ has launched a fresh, new lifestyle...
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2.7.2012 |
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U.S. Sets Money-Market Plan - Wall Street Journal
The SEC is finishing a plan to shore up the money-market fund industry. Critics say the rules could damp returns for investors.
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2.7.2012 |
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Stocks Look Past Greek Travails - Wall Street Journal
Stocks held on to gains in early-afternoon trading, even as Greece delayed action on austerity measures to address its debt crisis.
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2.7.2012 |
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Bernanke Faces Senate Lawmakers - Wall Street Journal
Bernanke faced Senate lawmakers Tuesday, again offering a message for Washington to get its fiscal house in order.
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2.7.2012 |
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Merger to Create Commodities Giant - Wall Street Journal
Xstrata plans to merge with Glencore to create a sector-straddling giant with a value of about $90 billion and the scale to produce and trade natural resources in five continents.
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2.7.2012 |
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Coke to Spend More on Marketing - Wall Street Journal
Coca-Cola plans to plow up to $650 million in new, annual cost savings back into supporting growth for its brands, which continued to grow sales and volume in the fourth quarter that saw actual earnings fall due to a gain last year.
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2.7.2012 |
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Apple Is Challenged in China Over iPad Name - Wall Street Journal
Proview Technology (Shenzhen) has filed for a temporary restraining order in a Shanghai court to stop Apple from using the iPad name in mainland China.
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2.7.2012 |
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Times of London Apologizes to Court - Wall Street Journal
James Harding, the editor of the Times of London, acknowledged the newspaper misled a British High Court about a 2009 email hacking incident. He sent an apology to the court's judge.
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2.7.2012 |
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Further reading - Financial Times
Elsewhere on Tuesday,- Stigma (for some) in tapping the ECB’s LTRO.- Barry Ritholtz has a secret about Hank Paulson.- MF Global, the preliminary trustee report.-...
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2.7.2012 |
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Snap news - Financial Times
Breaking pre-market news on Tuesday,– Glencore offer for Xstrata pitched at a ratio of 2.8 – statement– Year-end numbers from Xstrata – statement–...
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2.7.2012 |
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U.S. Stock Futures Edge Lower - Wall Street Journal
U.S. stock futures edged lower, as investors kept an eye on the continuing debt drama in Greece and the ongoing flow of corporate earnings.
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2.7.2012 |
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Nabors Ex-CEO Waives Claim - Wall Street Journal
Eugene Isenberg agreed to waive his right to a $100 million termination payment that was triggered when oil driller Nabors Industries replaced him as CEO.
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2.7.2012 |
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BP Raises Dividend on Profit Increase - Wall Street Journal
BP raised its dividend for the first time since it resumed payouts in the wake of the Deepwater Horizon tragedy, as the U.K. energy giant reported earnings that beat expectations.
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2.7.2012 |
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Swatch Sees Profit Jump - Wall Street Journal
Swatch shrugged off the impact of the strong Swiss franc to report an 18% rise in full-year net profit and said it expects growth to continue this year
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2.7.2012 |
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Lagardère Books Write-Down - Wall Street Journal
Lagardère warned of a substantial impairment charge on its sports division, the latest setback in the media-to-defense conglomerate's much-vaunted plan to dominate the global sports-marketing business.
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2.7.2012 |
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Oracle Seeks New Trial in SAP Case - Wall Street Journal
Oracle rejected a $272 million award in its intellectual-property theft case against SAP, an expected move that sets the stage for a new trial between the bitter software rivals.
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2.7.2012 |
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Japan Confirms 'Stealth' Yen Intervention - Wall Street Journal
Japan continued to conduct "stealth" interventions in the currency market after its highly publicized yen-selling campaign on Oct. 31, data released by the Finance Ministry confirmed.
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2.7.2012 |
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Wal-Mart Names China Chief - Wall Street Journal
Wal-Mart Stores tapped Greg Foran as president and CEO of Wal-Mart China as the retailer looks to regain its footing after several missteps in one of its most important growth markets.
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2.7.2012 |
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U.K. Retail Sales Drop - Wall Street Journal
Retail sales in U.K. stores that have been open for at least a year fell in January, and at the second-fastest rate for the first month of the year since records began in 1995, according to the British Retail Consortium's monthly survey.
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2.7.2012 |
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Caesars Shows Some Tarnish as It Returns to Markets - Wall Street Journal
Caesars aims to sell around 1.4% of itself in an offering that values the casino giant at around $23.7 billion—compared with around $28 billion when it was taken private four years ago.
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2.7.2012 |
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Toyota Talks Up Despite Down Quarter - Wall Street Journal
Toyota lifted its full-year net income forecast, but expects its earnings to come in at nearly half the level of last year, and below the profitability projections of its main Japanese rivals.
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