Hints and tips:
...Quick Hits — What’s on the markets radar Here’s an interesting observation on high-yield credit from Marty Fridson at Lehmann Livian Fridson Advisors LLC....
...Expenditure included a 214-foot yacht, the most expensive mansion ever sold in Raleigh, North Carolina, two Gulfstream jets and last, but not least, political donations to the GOP in North Carolina....
...Corporate earnings reports out today include Harmonic Drive Systems, Takashimaya and OSG....
...The company added 214,000 broadband subscribers, down from 330,000 last year, with revenue up 8.9 per cent to $3.71bn....
...The weaker dollar helped gold lift 0.2 per cent to $1,214.97 an ounce in Asia today....
...Ahead of Friday’s non-farm payrolls report, US investors took heart from a private sector sector survey showing payrolls increased to 214,000 in February, from a revised 193,000 (previously 205,000) in January...
...Amid an improving jobs market, the 214,500 students now enrolled at the various Phoenix campuses around the US represents less than half the 2010 level....
...The number of rigs drilling for oil has dropped from a peak of 214 to 37, and businesses, from small “mom and pop” service providers to venture capital companies, are trying to offload unused equipment....
...“We are very happy with the restructuring at OSG,” says Wilbur Ross, who is among OSG’s creditors. “The combination of the Jones Act and shale gas has been phenomenal.”...
...In the UK, for example, there was just £2.5bn of debt held by non-bank lenders compared with £214.5bn in the banks, according to research published on Friday by De Montfort University....
...Morgan’s consent notes that it voluntarily paid $56,761,214 to certain investors in a transaction known as Tahoma CDO I. The settlement is subject to court approval....
...Asian institutional trading volumes in G-3 denominated Asian bonds soared 90% to $214 billion in 2007–2008....
...The Dow Jones Industrial Average was down 0.7 per cent at 13,214.34. The Nasdaq Composite fell 1.1 per cent at 2,644.32....
...A Euronext deal would follow the NYSE’s $10bn acquisition of electronic-trader Archipelago and its emergence as a publicly-traded company after nearly 214 years as a clubby member-owned institution....
...The shares leapt 25 per cent on the 214-year-old stockmarket’s debut as a public company....
...Heavyweight BP was down 2.3 per cent to 648p and Total dropped 1.7 per cent to €214.70. Swiss Re led the Eurofirst 300 gainers, rising 2.7 per cent to SFr96.55....
....■ Trading in 30-year bond futures rose by a third in the second quarter to 7,407,214 contracts compared with the same period a year ago, the CBOT said on Friday....
...Terrorists yesterday struck oil facilities in the US and Saudi Arabia, pushing oil prices to a record $120 a barrel and doubling to $5,214 the expected annual petrol bill for the average US household....
...Paladin Resources fell 2.8 per cent to 218p after Merrill Lynch placed 19m shares, 6.1 per cent of the oil exploration company, at 214½p....
...ICI rose 3.1 per cent to 214½p after BASF issued upbeat third quarter guidance....
...Support services and construction company, Carillion rose 1.7 per cent to 214.5p after it agreed to sell its French civil engineering contracting and building business to the local management team....
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