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| Business Headlines |
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| BCE buyers finalize funding
(Reuters)
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| Reuters - Announcing what it said were "essential
milestones" allowing the world's largest leveraged buyout to go
ahead, BCE Inc said on Friday that its buyers
had finalized funding and were sticking to their C$34.8-billion
($34.1 billion) purchase price.
-- read full article |
| Fri, 04 Jul 2008 21:01:01 GMT - Yahoo! News: Business |
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| Tax credit to save UBS from hefty loss
(Reuters)
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| Reuters - Battered Swiss bank UBS said on Friday
it should be saved from another hefty loss in the second
quarter by a large tax credit, giving a much-needed though
short-lived boost to its share price.
-- read full article |
| Fri, 04 Jul 2008 13:19:51 GMT - Yahoo! News: Business |
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| BCE buyers finalize funding
(Reuters)
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| Reuters - The buyers of telecoms company BCE Inc
are sticking to the agreed C$34.8-billion ($34.1 billion)
purchase price and have finalized the funding for the deal to
go ahead, the company said on Friday.
-- read full article |
| Fri, 04 Jul 2008 14:26:07 GMT - Yahoo! News: Business |
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| Economy - Thursday
(Investor's Business Daily)
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| Investor's Business Daily - The benchmark 30-year fixed home loan rate fell 10 basis points to 6.35%, ending a 5-week uptrend to a 9-month peak, mortgage finance giant Freddie Mac said. Weaker economic data made a Fed rate hike less likely, pushing Treasury yields and mortgage rates lower. The 15-year fixed-rate mortgage slid 12 ticks to 5.92%. The 1-year ARM fell 10 basis points to 5.17%. -- read full article |
| Thu, 03 Jul 2008 22:02:08 GMT - Yahoo! News: Business |
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| G-8 leaders face ominous economic woes this year
(AP)
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| AP - Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.
-- read full article |
| Fri, 04 Jul 2008 08:41:54 GMT - Yahoo! News: Business |
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| Former Refco CEO gets 16 years in prison
(Reuters)
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| Reuters - Phillip Bennett, the former chief
executive of Refco, was sentenced to 16 years in prison on
Thursday for fleecing investors of more than $2.4 billion in a
fraud that destroyed the world's largest independent
commodities broker.
-- read full article |
| Thu, 03 Jul 2008 20:30:23 GMT - Yahoo! News: Business |
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