UK MARKET TALK ROUNDUP: BROKERS COMMENTS
30th Jul 2010 11:00
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1000 GMT [Dow Jones] Citigroup lowers Barclays (BARC.LN) target to 442p from 470p ahead of 1H results, due August 5. Brokera
Read morePRESS RELEASE: Moody's Assigns Provisional Rating To Barclays Index Linked Coupon Notes
30th Jul 2010 03:58
The following is a press release from Moody's Investors Service: AUD [25] million of debt securities affected Hong Kong, July 30, 2010 -- Moody's Investors Service has assigned a provisional rating to the following notes: (P)Aa3 to the AUD [25,000,000] Index Linked Notes due [22 November 2016],
Read moreProgram Trading Fell Last Week On NYSE, Volume Down
29th Jul 2010 17:36
DOW JONES NEWSWIRES Program trading dropped slightly last week on the NYSE Euronext (NYX) as total volume also declined. The daily program trading volume average was 623.3 million, or 27.4% of the average total of 2.28 billion shares changing hands. Those figures were down from 660.5 millio
Read moreAbsa Says 1H Revenue Didn't Grow, But EPS Up As Much As 12%
29th Jul 2010 16:43
JOHANNESBURG (Dow Jones)--Absa Group Ltd. (ASA.JO), South Africa's largest retail lender, said Thursday the operating environment in the first half of the year was subdued and its revenue levels didn't grow during the period. However, the Johannesburg-based company said its earnings per share in
Read moreEARNINGS PREVIEW:UK Banks 1H Good On Charges, Hit By Mkt Woes
29th Jul 2010 15:24
By Patricia Kowsmann Of DOW JONES NEWSWIRES TAKING THE PULSE: U.K. banks will likely report higher pretax profit for the first half of the year on lower impairment charges, although investment-banking activities could disappoint following a shaky second quarter, analysts say. "Overall, t
Read moreGermany's SAP Prices Two-Part Euro Bond Issue
29th Jul 2010 15:24
LONDON (Dow Jones)--German business software provider SAP AG (SAP) has priced its two-tranche bond issue via lead managers Barlcays Capital and Deutsche Bank AG, one of the banks said Thursday. Details of the three-year bond: Amount: EUR600 million Maturity: August 6, 2013 Cou
Read moreUPDATE: SAP Two-Part Bond Capitalizes On Improved Sentiment
29th Jul 2010 14:57
(Adds comment, background) By Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--German business software provider SAP AG (SAP) is set to price a two-part bond Thursday, capitalizing on improved market sentiment to bring the first investment-grade corporate deal in the euro market s
Read moreTurkey Mandates Banks For March 30, 2021 Eurobond -IHA
29th Jul 2010 13:20
ISTANBUL (Dow Jones)--The Turkish Treasury said Thursday that it has mandated Barclays Capital and Goldman Sachs to reopen its 2021, dollar-denominated Eurobond, the Ihlas News Agency, or IHA, reported. The treasury didn't give any further details in its statement. Agency Websites: www.iha.
Read moreSAP Sets Price Guidance On Two-Tranche Euro Bond Issue
29th Jul 2010 12:52
LONDON (Dow Jones)--German business software provider SAP AG (SAP) has set price guidance on its two-tranche bond issue, one of the banks running the sale said Thursday. The three-year, EUR600 million bond will price at 60 basis points over midswaps, while the 18-month, EUR500 million tranche is
Read morePRESS RELEASE: Moody's Affirmed The Rating Of Eur 1,251 Million Of Commercial Real Estate Loans Advanced To Tree Inversiones Inmobiliarias, S.A.
29th Jul 2010 11:07
The following is a press release from Moody's Investors Service: EUR 1,251 million of Commercial Real Estate Loans affected London, 29 July 2010 -- Moody's Investors Service has today affirmed the ratings of two commercial real estate loans advanced to Tree Inversiones Inmobiliarias, S.A. (the "
Read morePRESS RELEASE: Moody's Affirmed The Rating Of Eur -2-
29th Jul 2010 11:07
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S ("MIS") CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE A
Read moreGazprombank Plans Four-Year Dollar Benchmark Bond Issue
29th Jul 2010 10:52
LONDON (Dow Jones)--Russia's Gazprombank (GZPR.RS), the financing arm of natural gas monopoly OAO Gazprom (GAZP.RS), is planning to issue a four-year, dollar-denominated benchmark bond, one of the banks running the sale said Thursday. Barclays Capital, UBS AG (UBS) and the Royal Bank of Scotland
Read morePirelli Mulls 5-Year Bond Worth Up To EUR1 Billion - Report
29th Jul 2010 08:15
ROME (Dow Jones)--The board of directors at Pirelli & C. SpA (PC.MI) will discuss the sale of a five-year bond worth between EUR750 million and EUR1 billion to institutional investors, writes daily La Stampa Thursday, without citing its sources. Barclays Capital will act as documentation manager
Read moreRBS, Barclays, Lloyds Near Deal On Connaught Cash Injection - FT
29th Jul 2010 01:43
DOW JONES NEWSWIRES RBS, Barclays and Lloyds Banking Group are close to a deal that would inject cash into U.K. support services firm Connaught PLC (CNT.LN), the Financial Times reported Wednesday, citing unnamed sources. Terms for the injection were unclear, the paper said on its web site.
Read morePRESS RELEASE: Barclays Capital Launches Retirement Income Notes
28th Jul 2010 18:25
NEW YORK--(BUSINESS WIRE)--July 28, 2010-- Barclays Capital today announced the launch of Barclays Retirement Income Notes(TM), a suite of products which seek to provide a cost-efficient, transparent and flexible alternative for generating retirement income. Level-Pay Notes and Inflation-Indexed
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