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The Independent
independent.co.uk — Britain's biggest mortgage lenders say more and more of their customers are choosing to overpay on their... home loans, frustrating attempts by the Bank of England to boost the economy with ultra-low interest rates and lower monthly mortgage bills, a ... (more) The Independent
Soaring demand for precious metals storage
hf-implode.com — "In another sign of the times, now that big investors are beating down the doors of HSBC... asking them to store their growing quantities of gold bullion as part of the 2009 mad dash to shore up investment portfolios with something that is not paper and has no counterparty risk, the little guy who ... (more) Soaring demand for precious metals storage
Paulson Hires Gold Stars for His Fund
hf-implode.com — `` John Reade, who was head of precious-metal strategy at UBS AG before briefly joining Credit Suisse... in October, will join Paulson & Co. in mid-January and be based in London, according to people familiar with the fund. Victor Flores, a senior mining analyst with HSBC Holdings PLC, joined ... (more) Paulson Hires Gold Stars for His Fund
FT.com / Lex / Macroeconomics & markets - Dubai World
ft.com — Argentina’s default in 2001 didn’t come out of the blue. Nor did Lehman’s collapse. Yet both caused... shockwaves. Now it may be Dubai’s turn. Investors fear that a debt standstill by Dubai World, the city kingdom’s largest state-owned conglomerate, is a ... (more) FT.com / Lex / Macroeconomics & markets - Dubai World
S&P raises fears over health of some banks
ft.com — Published: November 23 2009 19:23 | Last updated: November 23 2009 22:20 A study by Standard &... Poor’s, one of the world’s leading credit rating agencies, has raised questions over the financial strength of some of the biggest banks ahead of new rules ... (more) S&P raises fears over health of some banks
RBS Led Dubai World Lenders, HSBC May Have Most at Stake in UAE
hf-implode.com — "RBS, the largest U.K. government-controlled bank, arranged $2.3 billion, or 17 percent, of Dubai World loans since... January 2007, JPMorgan said in a report today, citing Dealogic data. HSBC, Europe’s biggest bank, has the “largest absolute exposure” in the U.A.E. with $17 billion of loans in ... (more) RBS Led Dubai World Lenders, HSBC May Have Most at Stake ...
A Mad Rush as Gold Bugs Get the Boot
online.wsj.com — Fleets of armored trucks piled with gold bars and coins have been streaming out of midtown Manhattan... in one unexpected consequence of the gold craze. Amid gold's rise -- it has gained 32% this year and reached a record on Monday -- investors have ... (more) A Mad Rush as Gold Bugs Get the Boot
Top 10 Analyst Upgrades, Downgrades, Initiations (ANF, AGAM, BIDU, DE, GENZ, HBC, SVA, USB, X, FCX)
247wallst.com — These are this morning’s top pre-market analyst upgrades, downgrades, and initiations seen in Wall Street research calls:... Abercrombie & Fitch (ANF) Raised to Outperform at FBR. AGA Medical (AGAM) Started as Buy at Citigroup; Started as ... (more) Top 10 Analyst Upgrades, Downgrades, Initiations (ANF, ...
DUBAI DEBACLE
marketnut.net — WHAT IS DUBAI WORLD? Dubai World is the emirate’s flag bearer in global investments. It has a... central role in the direction of the emirate’s economy and has four main areas of operations: Transport & Logistics, Drydocks & ... (more) DUBAI DEBACLE
Saudi Consumer Prices Rise for 11th Month as Oil Increases
bloomberg.com — Nov. 15 (Bloomberg) -- Saudi Arabian consumer prices rose for an 11th month in October as oil... increased in global markets and the dollar’s weakness added to the cost of imported food. Consumer prices were up 0.65 percent on the month, the same rate ... (more) Saudi Consumer Prices Rise for 11th Month as Oil Increases
Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ACI, ISRG, BTU, PHM, RIMM, STX, SPWRA, ...
247wallst.com — These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls:... Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs. Arch Coal (NYSE: ACI) Started as Overweight at ... (more) Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ...