October 2011
4 posts
7 tags
Spanish stocks - Factors to watch on Tuesday
The Eurozone’s largest bank is in talks to sell a third of
its real estate assets valued at 3 billion euros ($4.1
billion)to two risk capital funds, Expansion reported citing
sources close to the talks.Expansion said the deal could take months to close given
that Santander does not accept the 70 percent discount to the
valuation of the assets that the the funds are offering and is
only...
11 tags
UPDATE 2-Chevron sees Q3 profit flat vs Q2,...
By Braden ReddallOct 11 (Reuters) - Chevron Corp expects third-quarter
earnings similar to the previous quarter, with lower oil prices
and output offset by a $500 million gain on the sale of its Welsh
refinery and British and Irish marketing assets.The second-largest U.S. oil company reported a $7.7 billion
net profit in the second quarter, and analysts had previously
been looking for $6.5...
10 tags
Russia's Putin says little role for BRICS in euro...
By Gleb BryanskiBEIJING, Oct 11 (Reuters) - Russian Prime Minister Vladimir
Putin said on Tuesday that the crisis-hit euro zone had enough
resources to resolve its own troubles without support from
Russia and fellow BRICs countries.As concern rise over weak growth and plunging stock markets,
officials from the so-called BRICs emerging economies, including
heavyweights China, Brazil and India,...
6 tags
Heartland Payment unit buys School-Link...
Oct 11 (Reuters) - Payment processor Heartland Payment
Systems Inc said its unit Heartland School Solutions
acquired privately held School-Link Technologies Inc, for an
undisclosed amount, to expand its market share in the school
services payments industry.School-Link provides K-12 school nutrition and point-of-sale
solutions like processing payments made for school meals,
Heartland said in a...