London open: Solid start to week
26th Jul 2010 08:49
Relief at the relatively benign results of the European banking system stress test has encouraged buyers into the market. Lloyds, Royal Bank of Scotland and Barclays are all strongly ahead after they sailed through the tests last week. Tony Hayward, the embattled BP chief executive, will collect
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 08:46
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] 0746 GMT [Dow Jones] The European bank stress tests should have been tougher, says Evolution Securities, and the whole exerci
Read moreMARKET TALK: Selection Key In Banking Sector - Evolution
26th Jul 2010 08:46
0746 GMT [Dow Jones] The European bank stress tests should have been tougher, says Evolution Securities, and the whole exercise lacks credibility. "We don't see the Tests as a strong positive catalyst for equity investors, although we do expect them to help in the gradual normalisation process of fu
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
26th Jul 2010 08:16
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0716 GMT [Dow Jones] All UK banks included in the EU-wide bank stress tests--Barclays (BCS), HSBC (HBC), Royal Bank of Sc
Read moreMARKET TALK: UK Banks Up; Stress Tests Provide Comfort -Shore
26th Jul 2010 08:16
0716 GMT [Dow Jones] All UK banks included in the EU-wide bank stress tests--Barclays (BCS), HSBC (HBC), Royal Bank of Scotland (RBS.LN), Lloyds Banking Group (LYG)--passed, as expected, says Shore Capital, with tier 1 ratios comfortably above 6% under the adverse scenario. Takes comfort, in isolat
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
26th Jul 2010 08:11
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0711 GMT [Dow Jones] UK banks all passed the EU-wide stress tests Friday. However, "the static balance sheet limitations a
Read moreMARKET TALK: UK Banks Open Up After Passing EU Stress Tests
26th Jul 2010 08:11
0711 GMT [Dow Jones] UK banks all passed the EU-wide stress tests Friday. However, "the static balance sheet limitations along with the absence of important factors such as regulatory changes make the results less meaningful, especially for UK banks that will see significant restructuring," says JPM
Read moreLloyds In Talks To Sell GBP140M Of Retail Assets - Report
25th Jul 2010 14:14
LONDON (Dow Jones)--Lloyds Banking Group PLC (LLOY.LN) is in talks to sell GBP140 million of retail assets, the Mail on Sunday reports, without citing sources. It adds that Legal & General Property may buy the assets, but says other parties have also held talks over the assets sale. The 'LXB
Read moreDubai World $23.5B Debt Talks End, No Deal In View
25th Jul 2010 04:47
(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read moreDubai World $23.5B Debt Talks End, No Deal In View
24th Jul 2010 08:02
(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read moreDow Jones Newswires Coverage Of EU Bank Stress Test Results
23rd Jul 2010 21:52
European authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more2nd UPDATE: European Bank ADRs Move Higher After Stress Tests
23rd Jul 2010 21:50
(Updates throughout with additional details and comments.) By Shara Tibken and Marshall Eckblad Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--U.S.-listed shares of European banks rallied on Friday, led by Irish and Spanish lenders, after regionwide stress tests showed most banks could wit
Read moreDow Jones Newswires Coverage Of EU Bank Stress Test Results
23rd Jul 2010 20:00
European authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read morePRESS RELEASE: Fitch Expects to Rate Regional Transportation District's (CO) Proposed Private Activity Bonds 'BBB-'
23rd Jul 2010 19:52
The following is a press release from Fitch Ratings: Fitch Ratings-New York/Chicago-23 July 2010: Fitch Ratings expects to assign a 'BBB-' rating with a Stable Outlook to approximately $404 million in proposed tax-exempt private activity bonds (PABs) to be issued by the Regional Transportation
Read morePRESS RELEASE: Fitch Expects to Rate Regional -2-
23rd Jul 2010 19:52
The CA provides two key alternative means of financing for the remaining costs of Phase 1 should the anticipated FFGA amount not materialize. If the FFGA is not provided, the RTD can either increase the Phase 1 construction payment amounts to cover the unfunded construction costs of Phase 1 within 1
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