Archive for December 21st, 2007

Friends Provident restricts investor withdrawals
Daily Telegraph - Friends Provident has joined the growing list of property fund managers to impose restrictions on investors withdrawing money from its three life and pension funds. The fund manager, which controls about £1.2bn of property across the funds, said it

StoneMor Partners L.P. Completes Acquisition of 45 Cemeteries and 30
MSN MoneyCentral - For additional information about StoneMor Partners L.P., please visit StoneMor’s website, and the Investor Relations section, at http://www.stonemor.com . Forward-Looking Statements Certain statements contained in this press release, including

Alitalia Suggests Air France to Purchase State’s Stake (Update2)
Bloomberg - The swap proposed by Air France may leave the Italian state as an investor in the new company. Alitalia would cease trading while retaining a local identity and operating name, as KLM Royal Dutch Airlines did when Air France purchased it in 2004

Pulaski Financial Separates Chairman and Chief Executive Officer Roles
MSN MoneyCentral - For Additional Information Contact: William A. Donius President and CEO Pulaski Financial Corp. (314) 878-2210 Ext. 3610 At The Investor Relations Company: Tad Gage (312) 245-2700 tgage@tirc.com Copyright 2007 Market Wire Back to News Home

FCC clears Acquisition of BCE by Investor Group led by Teachers
MSN MoneyCentral - BCE is Canada’s largest communications company, providing the most comprehensive and innovative suite of communication services to residential and business customers in Canada. Under the Bell brand, the Company’s services include local, long distance

Dollar rises to 6-week high vs yen
Reuters - A Wall Street Journal report of a possible $5 billion capital infusion for Merrill by Singapore state investor Temasek Holdings helped ease concerns about risk, which have been fueled by the troubles in the U.S. subprime mortgage sector. The move

Merrill up on report of capital infusion
Reuters - Reuters) - Merrill Lynch (MER.N: Quote , Profile , Research ) shares rose more than 2 percent on Friday after The Wall Street Journal reported that the brokerage might be close to receiving as much as $5 billion of capital from Singapore say investor

Biodel Inc. to Present at 26th Annual JPMorgan Healthcare
MSN MoneyCentral - Interested celebrations may access a link to a live webcast of the presentation in the investor relations section of Biodel’s website at www.biodel.com or at www.metameetings.com/webcasts/jpmorgan/healthcare08. An archive of the presentation will be

Gold hits one-week highs on dollar, AngloGold speak
Reuters - We’re seeing some investor year-end interest on the purchase side. It obviously had an impact on the market because volumes are lower than usual. It’s a relatively thin market,” said David Holmes, director of precious metals sales at Dresdner Kleinwort.

Brookfield Asset Management to Acquire Hydroelectric Facility in
MSN MoneyCentral - to publicly update or revise any forward-looking statements or information, whether written or oral, that might be as a result of new information, future events or otherwise. Contacts: Brookfield Asset Management Inc. Denis Couture SVP, Investor

Endwave settles with receiver for Wood River Capital
Reuters - In October this year, Whittier was sentenced to three years in prison for his role in the scheme, that led to about $88 million in investor losses. (Reporting by Shikhar Balwani in Bangalore; Editing by Deepak Kannan) © Reuters 2007. All

Webster Names Wandelmaier Treasurer
Forbes - Media Contact: Investor Contact: Arthur House, 203-578-2391 Terry Mangan, 203-578-2318 ahouse@websterbank.com tmangan@websterbank.com SOURCE Webster Bank, National Association Copyright © 2004 PR

Investor confidence edges up in December-UBS
Reuters - NEW YORK, Dec 21 (Reuters) - Investors’ confidence in the U.S. economy ticked up modestly in December but remains near the two-year low set the previous month due to persistent worries about high energy costs and the housing slump, a survey said

Luby’s Responds to More Ramius Capital Misrepresentations
Forbes - Luby’s shareholders who have any questions or need assistance voting their WHITE proxy card should contact the Company’s investor relations department at (713) 329-6808 or investors@lubys.com, or MacKenzie Partners, Inc. which is assisting the

Skilled Healthcare to Present at the 2008 Annual JP Morgan Healthcare
MSN MoneyCentral - who require a high level of skilled nursing care and extensive rehabilitation therapy. More information about Skilled Healthcare Group is available at its Web site — www.skilledhealthcaregroup.com. Contact Information: Halliburton Investor

Stocks Rise on RIM, Merrill Reports
Forbes - Stocks jumped Friday following a better-than-expected rise in profits at Research in Motion Ltd. and on word that Merrill Lynch might have lined up a massive cash infusion from a Singapore fund. The developments seemed to allay investor fears that

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Thomson Financial UK at a glance share guide
Forbes - LONDON (Thomson Financial) - Leading shares look set to open higher, following a rally late on Wall Street yesterday, with retail sales data providing the main focus in the UK on the last full day of trading before Christmas. The FTSE 100 index is

Tribune completes deal to go private; Zell takes reins
Chicago Tribune - Billionaire Sam Zell on Thursday shut the transaction Wall Street long doubted he could, stepping in as both chairman and chief executive of a newly private Tribune Co. and promising sweeping change in how the beleaguered, Chicago-based media

SenoRx guides for 2008 revenue below Wall Street expectations
CNBC - ALISO VIEJO, Calif. - SenoRx Inc., which develops minimally invasive medical devices, on Thursday guided for fiscal 2008 revenue below analyst predictions. In an initial estimate, SenoRx projected revenue in the range of $46 million to $50 million

Hong Kong shares end morning higher on Wall Street’s gains - UPDATE
Forbes - HONG KONG (Thomson Financial) - Hong Kong shares completed Friday morning session higher as investors shrugged off China’s latest interest rate increase and focused instead on the strong performance of markets overseas after Wall Street shut firmer

Swiss shares TFN at a glance outlook
Forbes - ZURICH (Thomson Financial) - Share prices are expected to open higher inspired by Wall Street’s late rally and overnight gains in Asia, traders stated. In pre-bourse trading, the Swiss Market Index was 52.02 points higher at 8,454.36. Yesterday, the

Centro’s Assets Back $4.7 Billion Bonds, Merrill States (Update2)
Bloomberg - Dec. 21 (Bloomberg) — Centro Properties Group’s assets are collateral for $4.7 billion of bonds sold by Wall Street firms including Morgan Stanley, according to Merrill Lynch & Co, widening the fallout from the U.S. mall owner’s 80 percent plunge in

German shares TFN at a glance outlook
Forbes - FRANKFURT (Thomson Financial) - German shares are expected to open slightly higher this morning boosted by a higher close on Wall Street yesterday and after Asian exchanges posted gains this morning. Traders said that rather calm trade is expected

Paris shares TFN at a glance outlook
CNBC - PARIS (Thomson Financial) - Shares are expected to open higher following a rally late on Wall Street yesterday and gains in Asia although volumes are expected to be thin in the last full day of trading in Christmas. Yesterday, the CAC-40 index

On Wall Street Stocks rise despite new uncertainty
Berkshire Eagle - NEW YORK — Stocks completed higher yesterday as investors set aside some concerns about downbeat economic reports and focused on strong profits from Oracle Corp. Corporate results and economic news offered investors a mixed picture and kept stocks

Bonus checks rise in spite of Wall Street troubles
KWQC - NEW YORK (AP) - Some top investment bankers on Wall Street are getting bigger year-end bonus checks despite the troubles stemming from the mortgage crisis. Bonuses are up 14% on average. 4 of the country’s biggest investment banks will pay out about

Stockholm shares TFN at a glance outlook
CNBC - STOCKHOLM (Thomson Financial) - Shares are expected to open slightly higher buoyed by a late rally on Wall Street overnight and gains in Asian markets. Yesterday, the OMX Stockholm index closed down 0.42 pct at 344.55 points, while the OMX Stockholm

Merrill might get $5 bln capital from Temasek: report
Reuters - NEW YORK (Reuters) - Merrill Lynch & Co Inc (MER.N: Quote , Profile , Research ) might get up to $5 billion in a capital infusion from Singapore say investor Temasek Holdings (TEM.UL: Quote , Profile , Research ), the Wall Street Journal reported on

Merrill May Get $5 Billion Investment From Temasek, WSJ States
Bloomberg - Dec. 21 (Bloomberg) — Merrill Lynch & Co., reeling from the biggest loss in its 93-year history, may receive a cash infusion of as much as $5 billion from Singapore’s state-owned Temasek Holdings Pte., the Wall Street Journal reported. Temasek’s

Singapore shares end morning higher on Wall Street lead
CNBC - SINGAPORE (Thomson Financial) - Singapore shares ended Friday morning higher, in line with gains in other Asian markets, as investors sought bargains after Wall Street advanced overnight. The Dow Jones industrial average rose 0.3 percent to 13,245.64

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