GO
Loading...

Enter multiple symbols separated by commas

Europe

More

  • *S&P cites Spain recession and euro zone policy uncertainty. *Moody's and S&P both have Spain on cusp of junk rating. Moody's has Spain on review for a possible downgrade.

  • UPDATE 1-Activist fund Octavian says it is shutting down Wednesday, 10 Oct 2012 | 6:30 PM ET

    *Octavian plans to return bulk of money next year. BOSTON, Oct 10- Octavian Advisors, a roughly $1 billion hedge fund firm specializing in distressed investments, said it was shutting down, becoming the latest casualty of tough market conditions as it suffered double-digit losses.

  • --The Carlyle Group is acquiring Landmark Aviation for $625 million, funded mostly with debt. --We are assigning our' B-' corporate credit rating to LM U.S. Member LLC. On Oct. 10, 2012, Standard& Poor's Ratings Services assigned its' B-' corporate credit rating to LM U.S. Member LLC (along with co-borrower LM U.S. Corp Acquisition Inc.).

  • Australia shares seen lower, jobs data awaited Wednesday, 10 Oct 2012 | 6:28 PM ET

    MELBOURNE, Oct 11- Australian shares are likely to extend losses into a second day on Thursday after U.S. equities sank on corporate warnings of slower growth, though local price moves may be limited ahead of monthly jobs data.

  • BERLIN/ LONDON, Oct 11- Europe's two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger.

  • AMSTERDAM, Oct 11- ING said late on Wednesday it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • UPDATE 2-U.S. sets final duties on Chinese solar panels Wednesday, 10 Oct 2012 | 6:19 PM ET

    *U.S. says China was dumping solar products. WASHINGTON, Oct 10- The United States on Wednesday set steep final duties on billions of dollars of solar energy products from China, but turned down a request from lawmakers and U.S. manufacturers to expand the scope of its order.

  • BRIEF-ING sell insurance businesses in Malaysia to AIA Wednesday, 10 Oct 2012 | 6:15 PM ET

    AMSTERDAM, Oct 10- ING Groep NV:.

  • IFR-Preview-Major US economic data for Oct. 11 Wednesday, 10 Oct 2012 | 6:00 PM ET

    With Europe moving back into recession and trade having retreated a bit, import prices should provide little inflation threat. Oil is unlikely to make any significant breaks upward with headwinds to demand still fierce in the U.S. and Europe. " IFR COMMENTARY: "We look for the trade deficit to have come back up from $42.0 bln to about $44.5 bln in August.

  • S&P cuts Spain rating to lowest investment grade Wednesday, 10 Oct 2012 | 5:59 PM ET

    NEW YORK-- Standard& Poor's is downgrading Spain's credit rating two notches to agency's lowest investment-grade level. S&P cited Spain's economic recession, high unemployment and social unrest. Spain's economy is shrinking and its banks are struggling under the weight of a collapsed real-estate market.

  • DIARY-U.S. Treasuries, Thursday, Oct. 11 Wednesday, 10 Oct 2012 | 5:56 PM ET

    Treasury Secretary Timothy Geithner participates in conversation on the global economy with Zanny Minton-Beddoes at a conference sponsored by the Institute for International Finance conference, Tokyo, midnight.

  • *Turkey warns Syria about cross-border shelling. Oil markets, which have been balancing concerns of lower global fuel demand against the risk of supply disruptions in the Middle East and loading delays of crude from the North Sea, also.

  • NEW YORK, Oct 10- Standard& Poor's on Wednesday cut Spain's sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government's policy options to arrest the slide. S&P's two-notch downgrade from BBB-plus brings it in line with Moody's Investors Service's Baa3 rating.

  • TEXT-Fitch affirms RBS Securities IDRs at 'A-/F1' Wednesday, 10 Oct 2012 | 5:38 PM ET

    Oct 10- Fitch Ratings has affirmed RBS Securities Inc.' s' A-' Long-term Issuer Default Rating and' F1' short-term IDR. RBSSI is a wholly owned indirect subsidiary of The Royal Bank of Scotland Group plc. Today's rating action on RBSSI was taken in conjunction with Fitch's global trading and universal bank periodic review, which included the RBS Group.

  • A look at Toyota's global sales by region Wednesday, 10 Oct 2012 | 5:37 PM ET
  • Direct Line IPO to be priced around middle of range Wednesday, 10 Oct 2012 | 5:29 PM ET

    LONDON, Oct 10- Royal Bank of Scotland will fix a price on Thursday for the stock market listing of insurer Direct Line at around the middle of the range originally set, market sources and a source close to the transaction told Reuters.

  • TEXT-Fitch affirms Bank Of America's ratings at 'A/F1' Wednesday, 10 Oct 2012 | 5:26 PM ET

    Oct 10- Fitch Ratings has affirmed the Issuer Default Ratings of Bank of America Corporation. at' A/F1' and the Viability Rating at' bbb+'. Today's rating action on BAC was taken today in conjunction with Fitch's Global Trading and Universal Bank periodic review.

  • TEXT-Fitch affirms UBS AG at 'A' Wednesday, 10 Oct 2012 | 5:20 PM ET

    Oct 10- Fitch Ratings has affirmed UBS AG's. Long- and Short-term Issuer Default Ratings at' A' and' F1' respectively. The rating affirmations were taken in conjunction with Fitch's Global Trading and Universal Bank periodic review.

  • TEXT-Fitch affirms Societe Generale at 'A+' Wednesday, 10 Oct 2012 | 5:17 PM ET

    Oct 10- Fitch Ratings has affirmed Societe Generale's. The Negative Outlook on SG's Long-term IDR reflects that on France's Long-term IDR. This rating action on SG was taken in conjunction with Fitch's Global Trading and Universal Bank periodic review.

  • Aussie & NZ dlrs firmer, eyes on job data Wednesday, 10 Oct 2012 | 5:15 PM ET

    WELLINGTON/ SYDNEY, Oct 11- The Australian and New Zealand dollars were firmer against the U.S. dollar while making gains on the euro following an S&P downgrade of Spain, though investors were cautious ahead of Australian job data later in the session.