Published on December 7, 2010 by Technology Slice
Treasury To Sell Citigroup Stake – The U.S. Treasury Department plans to sell the rest of its stake in Citigroup Inc., using a public offering to dispose of stock acquired during the taxpayer bailout of the financial system. The Treasury will sell about 2.4 billion common shares, the department said in a statement today in [...]
Tags: Bailout, Citigroup, Citigroup Inc, Common Shares, Common Stock, Department Of The Treasury, Depositors, Financial Crisis, New York Stock, New York Stock Exchange, News Release, Public Offering, Stake, Treasury Department, U S Department, U S Treasury, U S Treasury Department, Ust, Warrants, York Stock Exchange
Posted in Money
Published on November 30, 2010 by Technology Slice
Building Approvals Sky Rocket – Approvals rose 9.3 per cent to 13,541 units in October, seasonally adjusted, from an upwardly revised 12,388 units in September, the Australian Bureau of Statistics (ABS) said. But while the data suggests demand for housing may rebound, the stronger figures may not last because of higher interest rates, economists say. [...]
Tags: apartment, Australian Bureau Of Statistics, Building Approvals, Bureau Of Statistics, Citigroup, Director Paul, Economists, Global Markets, Housing Construction, Interest Rate Hike, interest rates, Mr Brennan, New South Wales, Paul Brennan, Queensland, Rose, Sky Rocket, South Australia, victoria, Western Australia
Posted in Money
Published on March 9, 2010 by Technology Slice
Chile Quake Cost 8 Billion – QBE Insurance has warned industry-wide payouts linked to last month’s devastating Chilean earthquake could exceed US$8 billion. Speaking to investors in London QBE chief executive Frank O’Halloran warned costs of this size would probably trigger a series of price rises across the reinsurance industry which is expected to shoulder [...]
Tags: Acquisition Opportunities, Acquisitions, Aftershocks, Catastrophe Losses, Chief Executive, Chile, Chilean Earthquake, Citigroup, Commercial Insurers, Frank O, Halloran, Insurance, Investors, Magnitude, Qbe Insurance, Quake, Reconstruction Efforts, Reinsurance Industry, S Central, South Regions
Posted in Money
Published on February 22, 2010 by Technology Slice
New Credit Card Rules – New pieces of the most-sweeping credit-card reforms on record kick in today, outlawing double-cycle billing, retroactive rate hikes and many other longtime practices of the U.S. card industry. Yet even as the tougher rules ban certain practices that have cost card-using consumers billions of dollars through the years, card companies [...]
Tags: Billing Statements, Business Credit Card, Card Business, Cardholders, Central Florida, Citigroup, Citigroup Inc, Consumer Credit Counseling, Consumer Credit Counseling Service, Corporate Executive, Credit Card Defaults, Credit Card Issuers, Credit Counseling Service, New Arsenal, Personal Finance, Rate Hikes, Rate Increases, Schram, Unintended Consequences, University Of Central Florida
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