Morning
Hope you are all well and had a great evening.
Right so this AM at approx 5:15am BST I walk into the office and glance at the T.V and see Bluffie on the screen .... Thinking mmm what is Bluffie bluffing about now i turn the volume up ... to my surprise hear these words " The US policy makers are the heroes and Bernanke is the one who has guided the US...
Short-Dated Treasurys Lead Selling On Fed Speculation
NEW YORK (Dow Jones)--Prices of short-dated Treasury notes led a round of selling Wednesday afternoon on speculation about the timing of an interest-rate increase from the Federal Reserve and as U.S. stocks rallied.
Interest-rate buzz hit a high gear from mid-morning Wednesday following the release of a ...
Health Insurer Stocks Up After Sen Baucus Says Bill Can Pass
Shares of health insurers furthered their gains Wednesday after Senate Finance Committee Chairman Max Baucus told reporters on Capitol Hill that his committee's health-care reform bill "can pass the Senate."
Shares of UnitedHealth Group Inc. (UNH) jumped 5.6% to $29.25, HealthNet Inc. (HNT) increased...
S&P Raises Whiting Pete Ratings, Raises Swift Energy Outlook
Standard & Poor's Ratings Services upgraded Whiting Petroleum Corp.'s (WLL) ratings and raised its outlook on Swift Energy Co. (SFY), partially because of an improved outlook for oil prices.
The ratings agency raised Whiting's ratings one notch to BB, two steps below investment grade, and changed ...
Belarus Police Beat Opposition Protesters, Take 30 In Custody
MINSK, Belarus (AFP)--Belarus police beat opposition protesters and detained 30 people Wednesday during a demonstration marking the 10th anniversary of the disappearance of opposition members.
Around 50 people gathered at October Square in Minsk holding portraits of opposition figure Viktor Gonchar ...
UK Unions Fear Far-Right Advance In Downturn
LIVERPOOL, U.K. (AFP)--U.K. unions used their annual conference in Liverpool this week to underline the threat posed by the far right, amid signs the economic crisis has fueled growing support for ultra-nationalists.
In June the British National Party, or BNP, scored a breakthrough in European Parliament ...
Australian Leading Economic Index Improves In July
SYDNEY (Dow Jones)--The Australian economy continues to shows signs of a solid recovery with a leading index of economic activity Wednesday showing strong improvement in July.
The Westpac-Melbourne Institute index of economic activity contracted at an annualized rate of 1.8% in July compared with a ...
Macquarie Hires Ex Merrill Asia M&A Head Kalpana Desai
HONG KONG (Dow Jones)--Macquarie Group Ltd. (MQG.AU) said Wednesday it hired veteran Asian banker Kalpana Desai, the former head of mergers & acquisitions at Merrill Lynch, scoring a major win for the bank's expansion in Asia.
Macquarie has been building up its presence in the region, particularly in ...
Wipro Technologies In Talks To Close French Facility - Report
DOW JONES NEWSWIRES
Wipro Ltd.'s (507685.BY) Wipro Technologies unit has started a consultation process with representatives of employees at its Sophia Antipolis center in France for the closure of the site, DNA Money reported on its Web site Wednesday, citing Christophe Martinoli, head of ...
Anglo American Keen On 3 Philippine Copper, Gold Projs
MANILA (Dow Jones)--Anglo American PLC (AAL.LN) is keen on exploring for copper and gold in at least three areas in northern Philippines, after having pulled out of a joint venture with Philex Mining Inc. (PX.PH) to develop the Boyongan copper gold mine, a company executive said Wednesday.
Roderick ...
US Wheat Review: Trims Losses As Markets Eye CBOT Corn, Soy CHICAGO (Dow Jones)--U.S. wheat futures finished mostly lower Wednesday but trimmed losses before the close as the markets tracked neighboring Chicago Board of Trade corn and soybeans, traders said. CBOT December wheat closed down 3 1/4 cents at $4.67 1/4 a bushel. Kansas City Board of Trade December wheat fell 2 1/4 cents to $4.80, and Minneapolis Grain Exchange December wheat rose...
From UBS advisor: Eurozone CPI Eyed By Gareth Berry For some time now, equity markets have served as a useful barometer of risk appetite and therefore can be considered to have had an important bearing on developments in FX markets. Given that the first anniversary of the intensification of the financial crisis has just passed, we felt it would be appropriate to examine the behaviour of G10 equity markets over the course of the past year and...
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