... David Cranmer david.cranmer@fd.com +44 (0)20 7269 7217 Moscow: Leonid Solovyev leonid.solovyev@fd.com +7 495 795 06 ... The company news service from the London Stock Exchange END FR SEESAISASESD ...
Tuesday, March 25, 2008
JSC Halyk SavingBank - Final Results
Russia power producer OGK-1 to be sold Apr 17
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Monday, March 24, 2008
JSE-listed company believes its gensets can offer some short-term relief
Equipment-supply company Barloworld Equipment is seeking to pump more than 500 MW of Caterpillar electric generating equipment into the economy this year to help
Chinas Shanghai Index Sinks 4.5 Percent
Chinese stocks fell sharply Monday as institutional investors sat out the market despite hopes that Ma Ying-jeous election as Taiwans president will bring an economic boost to the region.
Japanese Property, Financial Stocks Rise
Japanese shares rose Friday, buoyed by gains in property developers and financial issues. The Nikkei 225 Stock Average rose 222.13 points, or 1.81 percent, to close at 12,482.57 on the Tokyo Stock Exchange. The index rose following a 2.48 percent advance Wednesday.
Saturday, March 22, 2008
The rate cuts winners and losers
The Feds move means payments for adjustable-rate mortgages and variable-rate credit cards could drop soon. Savers will have it tougher, and home-equity loans will be harder to get.
Wednesday, March 12, 2008
Wachovia says housing downturn nowhere near over
(Reuters) - Wachovia Corp (WB.N: Quote, Profile, Research), which offers adjustable-rate mortgages that let borrowers decide how much to pay each month, believes the U.S. housing downturn is far from over, Chief Risk Officer Don Truslow said.
"It feels like we have a ways to go," Truslow said on a Deutsche Bank Securities Inc conference call. Referring to the nine innings of a baseball game, Truslow said he was "unsure" whether the downturn was in the third, fourth or fifth inning, but "we haven't reached the seventh-inning stretch."
Charlotte, North Carolina-based Wachovia, the fourth-largest U.S. bank, on February 28 said it expected first-half loan losses to exceed 0.75 percent of loans on an annualized basis in 2008, higher than it had forecast two weeks earlier.
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