FTSE 100 movers: BP rise tempers overall decline
16th Jul 2010 15:00
Footsie remains lower despite good news from BP. BP appears to have succeeded in stopping the flow of oil pouring into the Gulf of Mexico for the first time in three months. The shutdown is part of an "integrity test" to see if the leaking wellhead can finally be contained. The test started last ni
Read moreFriday newspaper round-up: Goldman Sachs, BP, Sage
16th Jul 2010 06:39
Goldman Sachs has agreed to pay $550 million to settle charges that the Wall Street bank tricked investors into buying a toxic mortgage product during the housing boom. The payout includes $100 million to Royal Bank of Scotland, the Times reports. As part of the settlement, Goldman acknowledged tha
Read moreUK Banks Defend Lending At Treasury Summit Thursday
15th Jul 2010 19:04
By Margot Patrick, Laurence Norman and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Bosses of the U.K.'s biggest banks Thursday pushed back against government claims they aren't doing their part to grow the economy by lending more to small businesses, at a meeting held between
Read morePRESS RELEASE: Moody's Changes Rbs Financial -2-
15th Jul 2010 16:13
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Read morePRESS RELEASE: Moody's Changes Rbs Financial Strength Outlook To Stable From Negative
15th Jul 2010 16:13
The following is a press release from Moody's Investors Service: C- Bank Financial Strength rating outlook to stable from negative; Aa3 debt/deposit ratings affirmed London, 15 July 2010 -- Moody's has changed the outlook on Royal Bank of Scotland plc's C- standalone Bank Financial Strength Rati
Read morePRESS RELEASE: Moody's Affirms The Letter Of -2-
15th Jul 2010 16:01
CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS ARE NOT RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. CREDIT RATINGS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MIS ISSUES ITS CREDIT RATINGS WITH THE EXPECTAT
Read morePRESS RELEASE: Moody's Affirms The Letter Of Credit-Backed Aaa/Vmig 1 Rating Of The Maryland Economic Development Corporation Adjustable Mode Revenue Refunding Bonds, (CONSTELLATION ENERGY GROUP, INC. PROJECT) Series 2006A.
15th Jul 2010 16:01
The following is a press release from Moody's Investors Service: $75 MILLION OF DEBT AFFECTED. RATING SUPPORTED BY THE SUBSTITUTE LETTER OF CREDIT PROVIDED BY ROYAL BANK OF SCOTLAND, PLC AND CONSTELLATION ENERGY GROUP, INC. Maryland Economic Development Corporation Constellation Energy Group, Inc
Read morePrudential Hiring Non-Executives As Board, Holder Talks Continue
15th Jul 2010 10:56
By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Prudential PLC (PRU.LN) Thursday confirmed that it is seeking to recruit two non-executive directors, but denied a press report that one of them was being lined up to replace senior non-executive director James Ross. At least
Read morePRESS RELEASE: Moody's Assigns Aaa Ratings To 5 -2-
14th Jul 2010 10:15
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Read morePRESS RELEASE: Moody's Assigns Aaa Ratings To 5 Classes Of Permanent Master Issuer Plc Series 2010-2, Uk Rmbs
14th Jul 2010 10:15
The following is a press release from Moody's Investors Service: Approximately GBP 2.5 billion of debt securities rated London, 14 July 2010 -- Moody's Investors Service assigned definitive credit ratings to the following classes of notes issued by Permanent Master Issuer PLC: - Aaa to the USD
Read moreUK's Great Rolling Stock Company Prices GBP800M 2-Part Bond
14th Jul 2010 09:39
LONDON (Dow Jones)--The Great Rolling Stock Company has priced a GBP300 million bullet bond and a GBP500 million amortizing bond via lead managers Lloyds Banking Group PLC, Goldman Sachs Group Inc. and the Royal Bank of Scotland Group PLC, one of the banks leading the deal said Wednesday. Terms
Read moreADR REPORT: Shares Climb On Strong Start To Earnings Season
13th Jul 2010 21:28
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended broadly higher Tuesday after better-than-expected earnings from early bellwethers boosted sentiment. Upbeat quarterly results from aluminium giant Alcoa Inc. (AA) and railroad o
Read more2nd UPDATE: Lloyds Sells GBP550M Worth Of UK SME CLO Bonds
13th Jul 2010 18:03
(Adds detail, background) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lloyds Banking Group PLC (LLOY.LN) of the U.K. has sold bonds worth nearly GBP550 million backed by loans to U.K. small and medium-sized enterprises, in the latest sign that the market for bonds backed by
Read moreBuyers Offered EUR850M Finance In Picard Surgeles Sale-Sources
13th Jul 2010 18:00
By Carol Dean Of Dow Jones Newswires LONDON (Dow Jones)--Potential buyers of BC Partners' French frozen food company, Picard Surgeles, are being offered staple finance of EUR850 million in the sale of the business that is likely to be valued around EUR1.5 billion, said people familiar with t
Read moreUPDATE:Lloyds Sells EUR235M,GBP350M Of Bonds Backed By UK SME Loans
13th Jul 2010 16:58
(Adds details) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lloyds TSB Bank PLC, part of Lloyds Banking Group PLC (LLOY.LN) of the U.K., has sold bonds worth nearly GBP550 million backed by loans to U.K. small and medium-sized enterprises, a Lloyds spokeswoman said Tuesday.
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