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Asia Markets: Asia markets sink as Greek exit talk stirs

scgadmin — Wed, 16 May 2012 05:30:25 +0000

Asia markets mostly fall, with investors fretting about the possibility of a Greek exit from the euro zone, although Hong Kong looked set to break its longest losing run in more than a year.

Ally Financial CEO says US businesses not for sale

scgadmin — Wed, 16 May 2012 05:30:25 +0000

–Ally says ResCap bankruptcy and international business sales will leave company in stronger position –Company has no definite plans for an IPO –Analysts question whether other businesses will be put up for sale (Updated with details about financial results in paragraphs 11 and 12 and details about Fitch actions in paragraphs 23-25.

Ally Financial says U.S. businesses not for sale

scgadmin — Wed, 16 May 2012 05:30:25 +0000

Ally Financial CEO says US businesses not for sale

scgadmin — Wed, 16 May 2012 05:30:13 +0000

–Ally says ResCap bankruptcy and international business sales will leave company in stronger position –Company has no definite plans for an IPO –GM interested in Ally’s international operations (Adds details about mortgage-servicing rights in 12th paragraph, General Motors comment in 15th paragraph and advisers for international sales in 16th paragraph.

Stocks to Watch: Stocks to watch Thursday: Cisco, Tilly’s, Monster

scgadmin — Fri, 11 May 2012 04:06:02 +0000

Earnings surprises from a pair of trio of high-profile companies — Cisco, Priceline and Monster Beverage — stand out among the corporate headlines for early Thursday.

PE-backed China listings in U.S. to wane

scgadmin — Sat, 05 May 2012 02:03:39 +0000

Of DOW JONES LBO WIRE BEIJING (MarketWatch) – The flow of private equity-backed Chinese companies looking to list publicly in the U.S. could slow down dramatically in the near term, as problems such as accounting fraud and structural issues heighten investors’ aversion to initial public offerings by Chinese businesses, several industry observers say.

Europe debt crisis: a blow to the wind industry

scgadmin — Thu, 03 May 2012 01:21:16 +0000

National governments are increasingly slashing subsidies to renewable-energy projects to meet deficit targets, leaving the wind-power industry struggling to maintain growth rates seen before the crisis.

FX Horizons: Expect more volatility in the China trade

scgadmin — Thu, 03 May 2012 01:21:14 +0000

For all the hot air expended over whether the Chinese yuan is under- or overvalued, it’s really a moot issue, writes Michael Casey.

Shell’s revised Cove bid wins board approval

scgadmin — Wed, 25 Apr 2012 23:25:51 +0000

– Shell’s recommended cash offer values Cove at GBP1.12 billion — Cove is junior partner in a potentially huge natural gas field off Mozambique — Rival bidder, Thailand’s PTT E&P, says it is considering its options (Adds shareholder comment in ninth, 10th paragraphs.) Royal Dutch Shell PLC RDSA said Tuesday it had agreed a GBP1.12 billion all-cash deal to buy Cove Energy, a junior partner in a potentially huge natural-gas field off the Mozambique coast, leaving rival bidder PTT Exploration & Production PCL PTTEP.TH to consider its options.

Stocks to Watch: Stocks to watch Wednesday: Berkshire, Jakks

scgadmin — Wed, 18 Apr 2012 20:56:34 +0000

Much for investors to sort through among the corporate headlines hitting early Wednesday.