January 21, 2010 THE Americans arrived with fanfare and a barrowload of
promises. There would be higher levels of investment. There would be no fire
sale of assets. The future of an iconic British brand would be secure. That was
Manchester United. For the past few weeks, supporters of
THE sprawling American financial services company Citigroup suffered a $US1.6
billion ($1.7 billion) loss for 2009 but said it had made ''enormous progress''
in recovering from the brink of collapse. The bank's year-end deficit was a
significant improvement on its $US27.7 billion loss for
AAP The Australian share market closed slightly higher on Wednesday, pulled
back from earlier strong gains by reports that China was putting the brakes on
new lending. The quieter finish contrasted with an earlier surge on the back of
a better than expected December quarter production
Jan. 20 (Bloomberg) -- Housing starts were probably little changed in December
as rising foreclosures and inclement weather kept builders at bay, economists
said before a report today. A projected record 3 million foreclosures this year
will probably swell the number of properties on the
Closed The Australian sharemarket has ended marginally higher, losing most of
its early gains on reports that some Chinese banks have been ordered to curb
lending spooked local investors. At the close, the benchmark S&P/ASX200
index was up 7 points, or 0.1 per cent, at 4868.2, after
The Australian sharemarket has lost some of its initial drive, with gains
shrinking to 0.3 per cent in afternoon trade as profit-taking sets in. In
recent trading, the benchmark S&P/ASX200 index was up 12.9 points, or
0.3 per cent, at 4874.1, after earlier trading as high as 4905.8. The
The Australian share market was almost one per cent higher in early afternoon
trading after the world's largest miner, BHP Billiton, beat expectations with a
surge in December-quarter production volumes . In recent trading, the
benchmark S&P/ASX200 index was up 42.5 points, or 0.87
The average price for actively traded so-called leveraged loans climbed 7 basis
points to 96.07 percent of face value since Jan. 1, according to Standard &
Poor’s Leveraged Commentary & Data. The price of the debt, mostly used to
finance mergers and acquisitions, reached the highest level since
The average price for actively traded so-called leveraged loans climbed 7 basis
points to 96.07 percent of face value since Jan. 1, according to Standard &
Poor’s Leveraged Commentary & Data. The price of the debt, mostly used to
finance mergers and acquisitions, reached the highest level since
AAP The Australian share market reversed early gains to close in the red on low
trading volumes as profit-takers targeted banks and financial stocks. The
benchmark S&P/ASX200 index was down 49.9 points, or 1.02 per cent, at
4,861.2 points, while the broader All Ordinaries index eased
Jan. 20 (Bloomberg) -- Housing starts were probably little changed in December
as rising foreclosures and inclement weather kept builders at bay, economists
said before a report today. A projected record 3 million foreclosures this year
will probably swell the number of properties on the
