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John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.
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May 2- Altria Group Inc:. *Issued $350 million aggregate principal amount of 2.950% notes due 2023 and. may 2, 2043- SEC filing* Source text* Further company coverage.
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May 2- Brookfield Residential Properties Inc:. *Q1 earnings per share $0.01. *Q1 revenue rose 29 percent to $171 million.
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NEW YORK, May 02 Fitch Ratings currently rates Banco Santander S.A.' s Brazilian Real senior unsecured notes that have a maturity of March 18, 2016 at' BBB'. A reopening of this issuance for up to an additional BRL 500 million is to be issued through BSB's Grand Cayman Branch.
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Despite regulatory pressure and the general negative public stigma, big American banks are doing better against their global competitors.
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SAN FRANCISCO, May 2- Twitter has hired Cynthia Gaylor from Morgan Stanley to run its corporate development team, bringing in a veteran investment banker with experience in acquisitions and initial public offerings.
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*First-quarter EPS 57 cents vs estimate 46 cents. May 2- Spirit AeroSystems Holdings Inc, a supplier to Boeing and other jet makers, reported a higher-than-expected quarterly profit as parts deliveries rose. Spirit, which is Boeing's biggest supplier of fuselages and wing parts, is poised to benefit from an upswing in commercial plane production.
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LAGOS, May 2- Nigerian local conglomerate UACN's. 2012 pre-tax profit rose by 53.6 percent to 10.74 billion naira, from 6.99 billion naira the previous year, the company said on Thursday.
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LONDON, May 02 Fitch Ratings has assigned Turkiye Finans Katilim Bankasi A.S.' s Sukuk issue a final rating of' BBB'. The' BBB' rating assigned to the Sukuk is driven solely by Turkiye Finans' Long-term foreign currency Issuer Default Rating of' BBB' as the Sukuk structure is viewed as an originator-backed/asset-based structure.
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LONDON, May 2- The Republic of Slovenia, rated Ba1/A-/A-, has launched a USD3.5bn dual-tranche bond at the tight end of revised yield guidance. Slovenia had originally sought to undertake the transaction on Tuesday, but was forced to delay the sale because of a two-notch downgrade by ratings agency Moody's to Ba1 from Baa2.
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May 2- Shares of ING U.S. Inc were up slightly in their New York Stock Exchange debut on Thursday after opening down 1 percent. Shares exchanged hands at $20.10 in late-morning trading after opening at $19.45 as the company, an affiliate of Dutch financial services company ING Groep NV, raised $1.3 billion in its initial public offering.
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*Slovenia buys breathing room to pursue reforms. LONDON, May 2- Slovenia borrowed $3.5 billion on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk.
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May 2- Cigna Corp on Thursday reported higher-than-expected quarterly earnings that benefited from the insurer's acquisition of Medicare specialist HealthSpring and low medical costs as visits to doctors and hospitals dropped.
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LONDON/ MOSCOW, May 02 Fitch Ratings has downgraded Agroton Public Limited's Long-term foreign and local currency Issuer Default Ratings to' CCC' from' B-' and National Long-term rating to' BB-' from' BBB'. The agency has also downgraded Agroton's senior unsecured rating to' CCC'/'RR4' in relation to its USD50m Eurobond due in July 2014.
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To attract financial advisers, brokerage firms often offer them loans. The loans are essentially payments to lure the advisers and their clients, The New York Times reports.
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May 2- Following are terms and conditions. of a perp bond priced on Thursday.
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May 2- Fannie Mae, the largest U.S. home funding source, said on Thursday it sold $1.0 billion of five-year benchmark notes in a reopening of an existing five-year issue via an internet-based auction.
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*Goldman, Deutsche Bank, Morgan Stanley mandated- sources. FRANKFURT, May 2- Kion Group, the world's second biggest maker of fork lift trucks behind Toyota Industries Corp, may go ahead with what could be one of Germany's largest initial public share offers this year.
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*Goldman, Deutsche Bank, Morgan Stanley mandated- sources. FRANKFURT, May 2- Kion Group, the world's second biggest maker of fork lift trucks behind Toyota Industries Corp, may go ahead with what could be one of Germany's largest initial public share offers this year.
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TORONTO, May 2- Miner Goldcorp Inc said on Thursday that its first-quarter profit dropped by a steeper-than-expected 35 percent as lower metal prices and higher costs outweighed a boost in gold sales. Shares of the world's largest gold miner by market capitalization fell 2.1 percent to C $28.46 on the Toronto Stock Exchange.
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LONDON, May 2- Slovenia returned to international bond markets on Thursday in search of cash needed to recapitalise its banks and stave off a bailout, resuming a bond issue it had aborted two days ago after Moody's downgraded it to junk.