| Date | Time | Source | |
| 03/20/2010 | 6:58PM | BW | Inversionistas públicos y privados lanzan en Cancún nuevo vehículo de crédito para las microfinanzas
El Fondo Multilateral de Inversiones del Banco Interamericano de Desarrollo (Inter-American Development Bank’s Multilateral Investment Fund, FOMIN), la Corporación Interamericana de Inversiones (Inter-American Investment Corporation, IIC), la Corporación Andina de Fomento (CAF) y cuatro inversionistas privados firmaron... More...>> |
| 03/20/2010 | 6:05PM | BW | Public and Private Investors Launch New Lending Facility for Microfinance in Cancun
The Inter-American Development Bank’s Multilateral Investment Fund (FOMIN), the Inter-American Investment Corporation (IIC), the Corporación Andina de Fomento (CAF), and four private investors today signed documents launching the Microfinance Growth Fund (MIGROF), a new lending facility for microfinance institutions... More...>> |
| 03/19/2010 | 5:49PM | DJN | Fed Pulls Plug On Short-Term Relief Extended To Big Banks
There's fresh evidence that the Federal Reserve is moving away from emergency assistance to U.S. banks: The central bank has pulled the plug on temporary exemptions that allowed six lenders to engage in transactions with broker-dealer affiliates. Bank of America Corp. (BAC), Barclays PLC (BCS, BARC.LN), Citigroup Inc.'s... More...>> |
| 03/19/2010 | 6:45AM | DJN | 2nd UPDATE: Russia's Kudrin: Eurobond Road Show New York In April -Agency
Russia will hold a road show for its first sovereign offering in more than a decade on April 21-22 in New York, Finance Minister Alexei Kudrin said Friday, local news agencies reported. Russia is tapping sovereign markets for its first Eurobond offering since 1998 to plug holes in its budget, which is expected to have... More...>> |
| 03/18/2010 | 5:02PM | DJN | UPDATE: One-Time Fundraiser Nemazee Pleads Guilty To Fraud
New York businessman and one-time prominent Democratic fundraiser Hassan Nemazee admitted Thursday that he bilked three banks out of $292 million in loans. Nemazee, chairman and chief executive of Nemazee Capital Corp., pleaded guilty to wire fraud and three counts of bank fraud at a hearing before U.S. District Judge... More...>> |
| 03/18/2010 | 3:51PM | DJN | One-Time Fundraiser Nemazee Pleads Guilty To Bank, Wire Fraud
New York businessman and one-time prominent Democratic fundraiser Hassan Nemazee admitted Thursday that he bilked three banks out of $292 million in loans. Nemazee, chairman and chief executive of Nemazee Capital Corp., pleaded guilty to wire fraud and three counts of bank fraud at a hearing before U.S. District Judge... More...>> |
| 03/18/2010 | 1:04PM | DJN | IPO WATCH:Kabel Deutschland, African Barrick Gold Test Demand
Finishing touches are being made to Europe's two largest initial public offerings so far this year, for German cable operator Kabel Deutschland and U.K. miner African Barrick Gold, in transactions that will give a sharp boost to first-quarter deal volume. African Barrick Gold later Thursday will set the final price on... More...>> |
| 03/18/2010 | 12:50PM | DJN | Apple Director And Veteran Auto Executive Jerome York Dies
DOW JONES NEWSWIRES Apple Inc. (AAPL) director and veteran auto-industry executive Jerome B. York has died, the consumer electronics giant disclosed Thursday. York, a former chief financial officer of International Business Machines Inc. (IBM) and Chrysler Group LLC, was hospitalized in Pontiac, Mich., after suffering... More...>> |
| 03/18/2010 | 11:43AM | DJN | UPDATE: Price Guidance Out On CNH Global's $822.5 Million Bond
Price guidance is out on farm and construction machinery manufacturer CNH Global NV's (CNH, NHL.BE) $822.5 million deal, according to a person familiar with the matter Thursday. Dubbed CNH 2010-A, the bond is backed by equipment loans. On the largest triple-A-rated tranche, valued at $303 million, guidance is 30 basis... More...>> |
| 03/17/2010 | 6:17PM | DJN | CBO: AIG, Auto Maker Bailouts To Cost US Taxpayer $70 Billion
Bailouts provided to American International Group Inc. (AIG) and U.S. auto makers General Motors Co. and Chrysler LLC will ultimately cost U.S. taxpayers $70 billion, the Congressional Budget Office said Wednesday. The aid to troubled insurer AIG will cost $36 billion, while public funds provided to GM and Chrysler will... More...>> |
| 03/17/2010 | 7:33AM | DJN | Primerica Unveils Estimated Terms Of Boosted IPO
DOW JONES NEWSWIRES Primerica Inc. unveiled the estimated terms of its pending initial public offering, which will raise some three times more than what the Citigroup Inc. (C) unit initially projected. The life-insurance and mutual-fund sales company in November put the projected maximum size of the deal at $100 million... More...>> |
| 03/17/2010 | 3:31AM | DJN | Polish Bank Handlowy 2009 Net Profit Down 16% On Provisioning
Polish Bank Handlowy SA (BHW.WA), a unit of Citigroup Inc. (C) said Wednesday that its consolidated net profit fell 16% in 2009 on heavy provisioning against non-performing loans. For the year, the bank posted net profit of 504.4 million zlotys ($180 million), compared with PLN600.4 million the previous year. The bank's... More...>> |
| 03/16/2010 | 4:45PM | DJN | MARKET SNAPSHOT: U.S. Stocks Finish Higher In Cheering Fed
By Kate Gibson U.S. stocks rose on Tuesday, propelling the S&P 500 Index to a fresh 17-month high, after the Federal Reserve said it would keep its key interest rate low for an extended time, supporting a rally in financial shares. "No surprise was the hallmark of the statement, including the dissent," said Jim Dunigan... More...>> |
| 03/16/2010 | 3:58PM | DJN | MARKET SNAPSHOT: U.S. Stocks Rise After Fed Keeps Low-rates Stance
By Kate Gibson U.S. stocks rose on Tuesday, with the S&P 500 Index hitting a fresh 17-month high, after the Federal Reserve said it would keep its key interest rate low for an extended time, fueling a rally in financial shares. "No surprise was the hallmark of the statement, including the dissent," said Jim Dunigan... More...>> |
| 03/16/2010 | 10:00AM | MWUS | Bedfordreport.com Complimentary Analyst Research on Financials Such as Citigroup, Inc. (NYSE: C), American International Group,
The Bedford Report is pleased to announce that its latest Market Update analyzing the Financial Sector has been released. In this day and age the pulse of the financial industry makes the life blood of the rest of the economy. Love it or hate it, the mess that the global economy is in may have started with the banks, but... More...>> |
| 03/15/2010 | 5:48PM | DJN | Citigroup To Raise Stake In Banco De Chile Controller To 50.0%
U.S. bank Citigroup (C) will pay 269.7 billion Chilean pesos ($519.7 million) to increase its stake in the controlling shareholder of Banco de Chile SA (BCH, CHILE.SN) to 50.0%, according to a Monday filing with the Chilean securities overseer. The U.S. banking giant acquired an additional 8.52% in LQ Inversiones Financieras... More...>> |
| 03/15/2010 | 4:15PM | DJN | 3rd UPDATE: Data Show US Card Companies Still Face Struggles
Monthly data released Monday by the major U.S. credit-card issuers showed lenders are still facing challenges. The latest numbers on the performance of credit-card loans, from issuers including Capital One Financial Corp. (COF), Bank of America Corp. (BAC) and American Express Co. (AXP), indicate that consumers are still... More...>> |
| 03/15/2010 | 2:55PM | DJN | UPDATE: Warner Music Exploring Approach To EMI -Source
Warner Music Group Corp. (WMG) has held preliminary talks with a joint venture controlled by private equity firm Kohlberg Kravis Roberts & Co., and media giant Bertelsmann AG, about approaching troubled U.K. music group EMI, a person familiar with the matter said Monday. The person said discussions were at an "extremely... More...>> |
| 03/15/2010 | 2:29PM | DJN | MARKET SNAPSHOT: U.S. Stocks Fall As Oil, Energy Stocks Decline
By Peter McKay Energy stocks led the broader U.S. equity market lower Monday as oil prices fell below the $80-per-barrel level, hurt by a rally in the dollar and worries about the global economy. The Dow Jones Industrial Average (DJI) was off 23 points, or 0.2%, at 10,602.02, hurt by declines of about 1% each in Exxon... More...>> |
| 03/15/2010 | 2:24PM | DJN | Warner Music Exploring Approach To EMI - Source
Warner Music Group Corp. (WMG) has held preliminary talks with a joint venture controlled by private equity firm Kohlberg Kravis Roberts & Co., and media giant Bertelsmann AG, about approaching troubled U.K. music group EMI, a person familiar with the matter said Monday. The person said that discussions were at an... More...>> |