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Las Vegas Airport Borrowing for Terminal 2nd Time in Four Weeks

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By Jeremy R. Cooke The county, which owns McCarran International Airport in Las Vegas, is offering about $125 million in tax-exempt debt and $453 million of taxable Build America Bonds. Officials plan to return with another issue in April or May to achieve a goal of selling about $1.8
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Greece trips, euro could fall

OVER the past decade, Greece took full advantage of a strong euro and rock-bottom interest rates to fuel a debt binge by its consumers and government. This year, if Greece can't persuade investors to buy €53 billion ($A83.5 billion) of its government debt, it may have to seek a bailout from its

Europe sneezes, Biota cheers

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In good news for Biota shareholders, GlaxoSmithKline reported overnight that flu anti-viral Relenza was a major contributor to the pharmaceutical giant's December quarter performance. Pandemic response planning saw Relenza sales soar almost 2000 per cent to £256 million ($462 million) in
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Broadsides over broadband control

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It has been an eventful week for the small end of the telco sector, iiNet successfully defending court action brought by the Australian Federation Against Copyright Theft, and TPG Telecom tucking away one of the first substantial placements of the year, a $70 million raising. These were
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Kraft to Sell Debt to Pay for Cadbury Takeover: New Issue Alert - Bloomberg.com

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Feb. 4 (Bloomberg) -- Kraft Foods Inc. , the world’s second- largest food company, plans to issue debt to pay for its takeover of Cadbury Plc as borrowing costs for companies rise. Kraft is marketing its debt as yields on investment-grade corporate bonds rose to 4.623 percent on average
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U.S. Dollar: Turning To Leading Indicators For NFP

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U.S. DOLLAR: TURNING TO LEADING INDICATORS FOR NFP EUR/USD: STRONGER ECONOMIC DATA BRINGS REPRIEVE GBP/USD: TRADERS STILL WEARY OF BUYING GBP USD/CAD: FLAHERTY SAYS ECONOMISTS RAISE GDP FORECASTS AUD/USD: RBA SURPRISES THE MARKET BY LEAVING RATES
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